Financial Performance - Revenue for the six months ended June 30, 2024, was approximately HKD 51.81 million, a decrease of about 59.24% compared to HKD 127.12 million for the same period in 2023[8] - Loss attributable to owners of the company for the reporting period was approximately HKD 8.97 million, compared to a profit of HKD 1.32 million for the same period in 2023[8] - Basic loss per share for the reporting period was approximately HKD 0.0544, compared to basic earnings per share of HKD 0.0080 for the same period in 2023[8] - The company recorded a loss of HKD 8,972 thousand for the six months ended June 30, 2024, compared to a profit of HKD 1,235 thousand in the same period of 2023, reflecting a negative shift in performance[10] - The company reported a total comprehensive loss of HKD 4,232 thousand for the six months ended June 30, 2024, compared to a total comprehensive income of HKD 1,554 thousand in the previous year[13] - The company’s basic and diluted loss per share for the six months ended June 30, 2024, was HKD 5.44, compared to earnings of HKD 0.80 per share in the same period of 2023[10] Revenue Breakdown - For the six months ended June 30, 2024, the company reported revenue of HKD 127,122 thousand, a significant increase from HKD 92,311 thousand for the same period in 2023, representing a growth of approximately 37.7%[10] - Total revenue for the six months ended June 30, 2024, was HKD 51,811 thousand, a decrease of 59.3% compared to HKD 127,122 thousand for the same period in 2023[19] - Revenue from finished watches was HKD 16,568 thousand, down 82.0% from HKD 91,914 thousand in the previous year[20] - Revenue from ODM segment was the only operational segment reported, with no other segments contributing to revenue[18] - The company’s geographical revenue breakdown shows significant contributions from Asia (HKD 32,536 thousand) and South America (HKD 10,992 thousand) for the current period[19] Assets and Liabilities - Total assets as of June 30, 2024, amounted to HKD 127,370 thousand, a decrease from HKD 134,072 thousand as of December 31, 2023, showing a decline of approximately 5.5%[11] - The company's current liabilities decreased to HKD 126,235 thousand as of June 30, 2024, from HKD 130,875 thousand at the end of 2023, representing a reduction of about 3.6%[11] - Trade receivables (net of expected credit loss) increased to HKD 30,499 thousand as of June 30, 2024, compared to HKD 17,599 thousand at the end of 2023[25] - Trade payables decreased to HKD 21,865 thousand as of June 30, 2024, from HKD 23,924 thousand at the end of 2023[26] - Trade payables as of June 30, 2024, totaled HKD 22.66 million, a decrease from HKD 28.42 million as of December 31, 2023[29] Cash Flow - Cash and cash equivalents at the end of June 30, 2024, were HKD 627 thousand, a significant drop from HKD 13,804 thousand at the end of 2023, indicating a decrease of approximately 95.5%[11] - The net cash used in operating activities for the six months ended June 30, 2024, was HKD 28,248 thousand, compared to HKD 22,557 thousand for the same period in 2023, reflecting an increase in cash outflow of about 25.5%[15] - The company's cash and bank balances were approximately HKD 0.63 million as of June 30, 2024, down from HKD 11.36 million a year earlier[35] Management and Governance - The company’s board believes that the current management structure, with the same individual serving as both chairman and CEO, is beneficial for effective business planning and decision-making[51] - The company has adopted a code of conduct for securities trading by directors, ensuring compliance with GEM listing rules during the reporting period[52] - The Audit Committee was established on June 20, 2018, in accordance with GEM Listing Rules, with members including Mr. Yu Shou Ning, Ms. Yu Wei Fang, Dr. Liao Yi Rong, and Mr. Ye Yi Lin[53] - The Audit Committee's primary responsibilities include recommending the appointment and removal of external auditors, reviewing financial statements, and overseeing internal control procedures[53] - The financial information in the interim report has not been audited but has been reviewed by the Audit Committee, which believes the performance is prepared in accordance with applicable accounting standards[53] Future Outlook - The company plans to focus on core business development and improve product design to maximize long-term returns for shareholders[31] - The company has no major investment or capital asset plans for the upcoming year beyond what has been disclosed in the interim report[47] - The interim report contains forward-looking statements based on various assumptions regarding the group's current and future business strategies and operating environment[54] Market Conditions - The watch industry confidence index dropped from 48.8 in Q2 2023 to 41.3 in Q2 2024, indicating a decline in market sentiment[31] Shareholder Information - As of June 30, 2024, the company’s directors and senior management hold a total of 93,000,000 shares, representing 56.36% of the total share capital[43] - There were no interim dividends declared for the reporting period, consistent with the previous year[33] - The share option plan allows for a maximum of 100,000,000 shares to be issued, which constitutes 10% of the company's issued shares[49] Securities Transactions - The company did not engage in any purchases, sales, or redemptions of its listed securities during the reporting period[46] - There were no significant investments, acquisitions, or disposals of subsidiaries, associates, or joint ventures during the reporting period[46]

Financial Performance - The group's revenue for the year ended December 31, 2023, was approximately HKD 185.67 million, a decrease of about 31.88% compared to HKD 272.56 million for the year ended December 31, 2022[20][23]. - Gross profit decreased by approximately HKD 12.90 million or about 22.95% to approximately HKD 43.32 million for the year ended December 31, 2023, compared to approximately HKD 56.22 million for the year ended December 31, 2022[26]. - The pre-tax loss increased by approximately HKD 18.74 million, resulting in a pre-tax loss of approximately HKD 29.26 million for the year ended December 31, 2023, compared to approximately HKD 10.52 million for the year ended December 31, 2022[30]. - The net loss for the year ended December 31, 2023, was approximately HKD 19.93 million, compared to approximately HKD 11.12 million for the year ended December 31, 2022[32]. - The income tax expense increased by approximately HKD 0.59 million or about 98.33% to approximately HKD 1.19 million for the year ended December 31, 2023, compared to approximately HKD 0.60 million for the year ended December 31, 2022[31]. Cost Management - The cost of sales decreased to approximately HKD 142.35 million, down about 34.20% from HKD 216.34 million in the previous year, primarily due to the reduction in revenue[24]. - Administrative expenses decreased by approximately HKD 8.84 million or about 15.39% to approximately HKD 48.60 million for the year ended December 31, 2023, compared to approximately HKD 57.44 million for the year ended December 31, 2022[28]. - The group aims to maintain strict control over operating costs and improve operational efficiency to enhance profitability[13]. Market Outlook - The outlook for overseas markets remains uncertain, with risks of economic slowdown or recession posing challenges for future export performance[14][22]. - The company will closely monitor market trends in Southeast Asia, where demand for automatic and quartz watches remains strong[14]. - The Hong Kong Trade Development Council's export index rose from 29.7 in Q4 2022 to 35.0 in Q4 2023, indicating a slight improvement in export confidence[13]. Corporate Governance - The board consists of five members, including two executive directors and three independent non-executive directors, ensuring a diverse composition[77][78]. - The company has confirmed that all independent non-executive directors are independent according to the GEM Listing Rules[88]. - The audit committee held four meetings during the reporting period to review the group's accounting standards and discuss audit, internal control, risk management, and financial reporting matters[91]. - The company has established sufficient checks and balances to ensure effective governance despite deviations from certain corporate governance codes[86]. Shareholder Relations - The company expresses gratitude to the board, shareholders, and employees for their support and contributions[17]. - The board is committed to a sustainable dividend policy, balancing shareholder interests with prudent capital management[112]. - The company has implemented a shareholder communication policy to ensure timely and clear information dissemination to shareholders and potential investors[115]. - The company encourages shareholder participation in annual general meetings as a platform for communication with the board[116]. Risk Management - The company acknowledges the impact of rising interest rates by the US Federal Reserve, which may lead to increased market volatility and higher capital costs[14]. - The board believes that the major risks of the group are controlled at an acceptable level, with management continuing to monitor residual risks and report regularly to the board[109]. - Financial risks are detailed in the consolidated financial statements, indicating potential vulnerabilities[173]. Employee and Diversity Initiatives - Approximately 63.96% of the company's overall workforce is female, with ongoing efforts to maintain this ratio[84]. - The company has taken measures to promote gender diversity at all levels, including the board and senior management[83]. - The company adopts a people-oriented approach, focusing on human resource management and providing attractive compensation and career development opportunities for employees[162]. Compliance and Legal Matters - The company maintained compliance with all relevant laws and regulations, with no violations reported for the year ended December 31, 2023[160]. - The company has received confirmation from major shareholders regarding compliance with the non-competition agreement since the listing date[67]. - The company has adopted a code of conduct for securities trading, confirming compliance with the GEM Listing Rules for the year ending December 31, 2023[72]. Strategic Initiatives - The company plans to focus on enhancing product design and development capabilities to maximize long-term returns for shareholders[15]. - New product launches are expected to contribute an additional $200 million in revenue, with a focus on smartwatches and wearable technology[126]. - The company is expanding its market presence in Southeast Asia, targeting a 25% market share in the region by 2025[126]. - Research and development expenses increased by 30%, totaling $150 million, to support innovation in product design[126].

Financial Performance - For the year ended December 31, 2023, the company reported total revenue of HKD 185,667,000, a decrease of 31.9% compared to HKD 272,555,000 in 2022[6] - The gross profit for the same period was HKD 43,315,000, down 22.9% from HKD 56,218,000 in the previous year[6] - The company recorded a net loss of HKD 19,932,000 for the year, compared to a net loss of HKD 11,118,000 in 2022, representing an increase in loss of 79.5%[6] - Revenue from finished watches was HKD 121,699,000, a decline of 44.9% from HKD 220,579,000 in the previous year[25] - The group reported a pre-tax loss of HKD 21,918,000 for the year ended December 31, 2023, compared to a loss of HKD 24,781,000 in 2022[29] - The company reported a loss attributable to shareholders of HKD 19,764,000 for 2023, compared to a loss of HKD 10,646,000 in 2022, indicating an increase in losses of approximately 85.5%[34] - The group recorded a pre-tax loss of approximately HKD 29.26 million for the year ended December 31, 2023, compared to a pre-tax loss of approximately HKD 10.52 million for the year ended December 31, 2022[59] Assets and Liabilities - Total assets decreased to HKD 202,594,000 in 2023 from HKD 245,659,000 in 2022, reflecting a decline of 17.5%[7] - Current liabilities were reported at HKD 130,875,000, down from HKD 150,878,000 in the previous year, indicating a decrease of 13.3%[7] - Non-current assets decreased to HKD 68,522,000 from HKD 75,945,000, a decline of 9.7%[7] - The company's equity attributable to owners decreased to HKD 18,681,000 from HKD 39,377,000, a drop of 52.6%[8] - Trade receivables decreased to HKD 17,599,000 in 2023 from HKD 22,284,000 in 2022, reflecting a decline of about 21.1%[35] - Trade payables decreased to HKD 23,924,000 in 2023 from HKD 39,258,000 in 2022, representing a reduction of about 39.0%[37] - The total borrowings increased to HKD 120,219,000 in 2023 from HKD 104,874,000 in 2022, marking an increase of approximately 14.6%[40] Revenue Sources - Revenue from major customers included Customer A contributing HKD 70,173,000 (down 55.2% from HKD 156,686,000) and Customer B contributing HKD 48,226,000 (up 39.7% from HKD 34,519,000) for the year ended December 31, 2023[23] - The group’s revenue from Asia was HKD 146,148,000, a significant decrease of 38.1% from HKD 236,014,000 in 2022[22] Cost and Expenses - Cost of sales decreased from approximately HKD 216.34 million to approximately HKD 142.35 million, a reduction of about 34.20%[53] - The group’s total employee costs, excluding directors' remuneration, were HKD 10,565,000, down from HKD 12,346,000 in the previous year, reflecting a decrease of 14.4%[29] - Interest expenses increased to HKD 9,124,000 in 2023 from HKD 6,754,000 in 2022, marking an increase of 35.5%[28] - The income tax expense increased by approximately 98.33%, from about HKD 0.60 million to approximately HKD 1.19 million, primarily due to increased corporate income tax in China[60] Shareholder Information - The basic and diluted loss per share for the year was HKD (11.98), compared to HKD (7.13) in 2022, reflecting a worsening in performance[6] - The company did not declare any dividends for 2023, consistent with the previous year where no dividends were paid[43] - The company’s weighted average number of ordinary shares increased to 165,000,000 in 2023 from 149,307,000 in 2022, reflecting a growth of approximately 10.5%[34] - The board of directors does not recommend the payment of a final dividend for the year ended December 31, 2023, consistent with the previous year[99] Corporate Governance and Compliance - The company has complied with the corporate governance code, except for a deviation regarding the roles of the chairman and CEO being held by the same individual[100] - The company has confirmed that there have been no breaches of the non-competition agreement by the controlling shareholders since the listing date[97] - The independent non-executive directors have reviewed the compliance of controlling shareholders with the non-competition agreement and confirmed no violations[94] - The company has adopted a code of conduct for directors' securities trading, confirming compliance with trading regulations as of December 31, 2023[103] Future Outlook and Strategy - The company continues to focus on ODM manufacturing for global watch brands, indicating ongoing commitment to its core business despite financial challenges[10] - The outlook for overseas markets remains uncertain, with risks of economic slowdown or recession posing challenges for future export performance[48] - The group plans to focus on core business and enhance product design and development capabilities to maximize long-term returns for shareholders[62] Financial Reporting Standards - The new and revised Hong Kong Financial Reporting Standards became effective on January 1, 2023, but did not have a significant impact on the group's financial position or performance for the current and prior years [12] - The group has not yet applied the newly issued but not yet effective revised Hong Kong Financial Reporting Standards, which are expected to have no significant impact on the consolidated financial statements in the foreseeable future [17] - The consolidated financial statements were prepared in accordance with the Hong Kong Financial Reporting Standards and the applicable disclosure requirements of the Hong Kong Stock Exchange [18] - The financial statements are primarily based on historical cost, except for certain industries and financial instruments measured at fair value [19] Audit and Review - The financial data has been reviewed by the audit committee and approved by the board, with external auditor Tianjian International agreeing with the figures presented in the audited financial statements[105] - The consolidated financial statements for the year ending December 31, 2023, have been verified by the group's auditor, Tianjian International, although no assurance opinion has been expressed on the preliminary results announcement[106] - The annual performance announcement for the fiscal year ending December 31, 2023, has been published on the Hong Kong Stock Exchange and the company's website[108] - The company will send the annual report containing all relevant information as per GEM listing rules to shareholders at an appropriate time[108]

Financial Performance - Revenue for the nine months ended September 30, 2023, was approximately HKD 143.61 million, a decrease of about 30.86% compared to HKD 207.71 million for the same period in 2022[6] - The loss attributable to owners of the company for the nine months ended September 30, 2023, was approximately HKD 6.03 million, compared to a profit of HKD 2.64 million for the same period in 2022[6] - Basic loss per share for the nine months ended September 30, 2023, was approximately HKD 3.66 cents, compared to earnings of HKD 1.60 cents for the same period in 2022[6] - Gross profit for the nine months ended September 30, 2023, was approximately HKD 40.15 million, down from HKD 50.33 million for the same period in 2022[7] - The company reported a pre-tax loss of approximately HKD 5.42 million for the nine months ended September 30, 2023, compared to a pre-tax profit of HKD 2.57 million for the same period in 2022[7] - Total comprehensive loss for the nine months ended September 30, 2023, was approximately HKD 8.50 million, compared to a total comprehensive loss of HKD 4.63 million for the same period in 2022[8] - Revenue from finished watches for the nine months ended September 30, 2023, was HKD 93.70 million, down from HKD 168.31 million in 2022, representing a decline of approximately 44.4%[16] - Revenue from component kits increased to HKD 45.95 million for the nine months ended September 30, 2023, compared to HKD 34.97 million in 2022, marking an increase of about 31.5%[16] - The group reported a pre-tax loss of approximately HKD 6.03 million for the nine months ended September 30, 2023, compared to a profit of HKD 2.64 million in the same period of 2022[24] - The group’s revenue from Asia for the nine months ended September 30, 2023, was HKD 119.23 million, a decrease of approximately 34.1% from HKD 180.71 million in 2022[15] Cash and Financial Position - The company’s cash and cash equivalents as of September 30, 2023, were approximately HKD 30.16 million[8] - As of September 30, 2023, the group's cash and cash equivalents were approximately HKD 5.28 million, down from HKD 19.26 million as of September 30, 2022[39] - The group's current ratio as of September 30, 2023, was approximately 1.09, compared to 1.03 as of September 30, 2022[39] - The debt-to-equity ratio as of September 30, 2023, was approximately 378.21%, up from 170.11% as of September 30, 2022[40] Operational Focus and Strategy - The company plans to continue focusing on ODM manufacturing and expanding its distribution channels in the global watch market[10] - The group plans to continue focusing on core business development and improving product design to maximize long-term returns for shareholders[34] - The group will closely monitor market developments due to the uncertain business environment and potential economic slowdown in overseas markets[33] Market Conditions and Outlook - Future outlook remains cautious due to market volatility and competition in the watch manufacturing sector[10] - The group reported a significant decline in the watch industry index, dropping from 48.8 in Q2 2023 to 32.9 in Q3 2023, indicating weakened global demand and ongoing geopolitical tensions[31] Corporate Governance and Compliance - The company's share option plan was approved on June 20, 2018, and is valid for 10 years, aimed at rewarding contributions from eligible personnel[57] - The total number of shares involved in the share options granted cannot exceed 10% of the issued shares at any time without prior shareholder approval[57] - The company has adopted a code of conduct for directors' securities transactions, confirming compliance during the reporting period[62] - The audit committee was established on June 20, 2018, to review financial statements and oversee internal control procedures[63] - The financial information in the quarterly report has not been audited but has been reviewed by the audit committee[63] Dividends and Shareholder Returns - The group did not declare any dividends for the nine months ended September 30, 2023, consistent with the previous year[23] - The board decided not to declare any dividends during the reporting period[37] Other Information - The group has no capital commitments as of September 30, 2023[41] - No significant investments, acquisitions, or disposals of subsidiaries, associates, or joint ventures during the reporting period[55] - No major investment or capital asset plans for the upcoming year beyond those disclosed in the quarterly report[56] - The group incurred depreciation expenses of HKD 3.78 million for property, plant, and equipment for the nine months ended September 30, 2023, down from HKD 4.12 million in 2022[18] - The group is subject to a corporate income tax rate of 25% for its subsidiaries established in China[19] - The Hong Kong profits tax rate applicable to the group is 16.5%, with a two-tiered system allowing for a reduced rate of 8.25% on the first HKD 2 million of profits[21] - The quarterly report contains forward-looking statements based on various assumptions regarding the company's future business strategies and operating environment[65] - The board believes that the current management structure is effective despite deviations from corporate governance codes[61] - The company has not granted any share options since the plan was adopted on June 28, 2018[58]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不 負責，對其準確性或完整性亦不發表任何聲明，並表明概不對因本公告全部或 任何部分內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 HANVEY GROUP HOLDINGS LIMITED 恆 偉 集 團 控 股 有 限 公 司 （於開曼群島註冊成立的有限公司） （股份代號：8219） 截 至2023年9月30日 止 九 個 月 的 第 三 季 度 業 績 公 告 恆偉集團控股有限公司（「本公司」）董事（「董事」）會（「董事會」）欣然宣佈本公司及 其附屬公司截至2023年9月30日止九個月的未經審核第三季度業績。本公告載 有本公司2023年第三季度報告全文，符合香港聯合交易所有限公司GEM證券上 市規則（「GEM上市規則」）有關第三季度業績初步公告所附載資料的相關要求。 承董事會命 恆偉集團控股有限公司 主席、行政總裁兼執行董事 卓善章 香港，2023年11月13日 於本公告日期，執行董事為卓善章先生及歐靜美女士，M.H.；以及獨立非執行 董事為余壽寧先生，M.H.、趙志鵬先生、余惠芳女士及廖毅榮博士。 本公告乃遵照GEM上市規則之規定 ...

Financial Performance - The revenue for the six months ended June 30, 2023, was approximately HKD 127.12 million, a decrease of about 5.61% compared to HKD 134.67 million for the same period in 2022[10] - The profit attributable to owners of the company for the reporting period was approximately HKD 1.32 million, down from HKD 3.87 million in the same period of 2022[10] - Basic earnings per share for the reporting period were approximately HKD 0.80 cents, compared to HKD 2.58 cents for the same period in 2022[10] - The gross profit margin for the six months ended June 30, 2023, was approximately 27.4%, down from 26.5% in the same period of 2022[11] - The company reported a net loss of HKD 1,554,000 for the six months ended June 30, 2023, compared to a net profit of HKD 3,578,000 in the same period of 2022[16] - The sales of finished watches amounted to HKD 91.91 million for the six months ended June 30, 2023, down from HKD 109.38 million in 2022, representing a decline of approximately 16%[26] - The group recorded a gross profit of approximately HKD 34.81 million for the six months ended June 30, 2023, a decrease of about 2.68% compared to the same period in 2022, primarily due to a decline in sales[49] Assets and Liabilities - Non-current assets as of June 30, 2023, totaled approximately HKD 71.38 million, a decrease from HKD 75.95 million as of December 31, 2022[12] - Current assets decreased to approximately HKD 166.34 million from HKD 169.71 million as of December 31, 2022[12] - Trade receivables increased to approximately HKD 37.35 million from HKD 22.28 million as of December 31, 2022[12] - Trade payables decreased to approximately HKD 59.95 million from HKD 93.68 million as of December 31, 2022[12] - The company reported a net current asset of approximately HKD 20.80 million, an increase from HKD 18.84 million as of December 31, 2022[12] - The company's net assets as of June 30, 2023, were HKD 37,108,000, down from HKD 38,662,000 as of December 31, 2022, representing a decrease of 4.0%[14] - The company's equity attributable to owners decreased to HKD 37,906,000 as of June 30, 2023, from HKD 39,377,000 as of December 31, 2022, reflecting a decline of 3.7%[14] Cash Flow - Operating cash flow for the first half of 2023 was a net cash outflow of HKD 22,557,000, compared to a net cash inflow of HKD 2,228,000 in the same period of 2022[18] - Cash and cash equivalents at the end of June 2023 were HKD 11,358,000, a decrease from HKD 13,479,000 at the end of June 2022[18] - Financing activities generated a net cash inflow of HKD 23,546,000 in the first half of 2023, compared to HKD 8,961,000 in the same period of 2022[18] - As of June 30, 2023, the group's cash and bank balances were approximately HKD 11.36 million, down from HKD 13.48 million as of June 30, 2022[52] Market Performance - Revenue from the Indian market increased significantly to HKD 26,798,000 in the first half of 2023, up 50.5% from HKD 17,807,000 in the same period of 2022[25] - The company experienced a significant decline in revenue from Hong Kong, which fell to HKD 9,689,000 in the first half of 2023, down 39.0% from HKD 15,959,000 in the same period of 2022[25] Expenses and Costs - Administrative expenses decreased by approximately HKD 0.45 million or about 1.61% to approximately HKD 27.46 million during the reporting period, mainly due to reduced advertising and promotion costs[49] - Financial costs increased by approximately HKD 1.59 million or about 56.99% to approximately HKD 4.38 million, primarily due to rising interest rates from banks[49] - The company incurred depreciation expenses of HKD 2.65 million for property, plant, and equipment for the six months ended June 30, 2023, slightly down from HKD 2.76 million in 2022[27] Corporate Governance and Strategy - The company is focused on enhancing operational efficiency and exploring new market opportunities to drive future growth[10] - The company has not reported any significant new product developments or market expansions during this period[23] - The group will continue to focus on developing core businesses and improving product design to maximize long-term returns for shareholders[47] - The board did not declare an interim dividend for the reporting period, compared to zero in 2022[50] - The company has established an audit committee in accordance with GEM Listing Rules, responsible for reviewing financial statements and overseeing internal control procedures[76] Miscellaneous - The company has a stock option plan approved on June 20, 2018, valid for 10 years, aimed at rewarding contributions and attracting high-quality employees[70] - The total number of shares involved in stock options granted cannot exceed 10% of the issued shares at any time without prior shareholder approval[70] - The interim report contains forward-looking statements based on various assumptions regarding the company's future business strategies and operating environment[78] - The group has no capital commitments as of June 30, 2023[54] - The group has no significant contingent liabilities as of June 30, 2023[60] - No significant investments, acquisitions, or disposals of subsidiaries, associates, or joint ventures during the reporting period[68] - No major investment or capital asset plans for the upcoming year beyond those disclosed in the interim report[69]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不 負責，對其準確性或完整性亦不發表任何聲明，並表明概不對因本公告全部或 任何部分內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 HANVEY GROUP HOLDINGS LIMITED 恆 偉 集 團 控 股 有 限 公 司 （於開曼群島註冊成立的有限公司） （股份代號：8219） 截 至2023年6月30日 止 六 個 月 的 中 期 業 績 公 告 恆偉集團控股有限公司（「本公司」）董事（「董事」）會（「董事會」）謹此宣佈本公司 及其附屬公司截至2023年6月30日止六個月的未經審核中期業績。本公告載有 本公司2023年中期報告全文，符合香港聯合交易所有限公司GEM證券上市規則 （「GEM上市規則」）有關中期業績初步公告所附載資料的相關要求。 承董事會命 恆偉集團控股有限公司 主席、行政總裁兼執行董事 卓善章 香港，2023年8月14日 於本公告日期，執行董事為卓善章先生及歐靜美女士，M.H.；以及獨立非執行 董事為余壽寧先生，M.H.、趙志鵬先生、余惠芳女士及廖毅榮博士。 本公告乃遵照GEM上市規則之規定提供有關本公司的資料， ...

Financial Performance - Revenue for the three months ended March 31, 2023, was approximately HKD 74.03 million, an increase of about 27.75% compared to HKD 57.95 million for the same period in 2022[6] - Profit attributable to owners of the company for the three months ended March 31, 2023, was approximately HKD 0.90 million, slightly down from HKD 0.96 million for the same period in 2022[6] - Basic earnings per share for the three months ended March 31, 2023, was approximately HKD 0.55 cents, compared to HKD 0.64 cents for the same period in 2022[7] - Gross profit for the three months ended March 31, 2023, was approximately HKD 18.93 million, up from HKD 15.88 million for the same period in 2022[7] - Total comprehensive income for the three months ended March 31, 2023, was a loss of approximately HKD 0.72 million, compared to a loss of HKD 4.78 million for the same period in 2022[7] Revenue Breakdown - Revenue from finished watches was HKD 57.99 million, up from HKD 47.22 million in the previous year, while revenue from component kits increased to HKD 14.66 million from HKD 8.94 million[18] - The geographical revenue breakdown shows significant growth in Indonesia, with revenue rising to HKD 51.01 million from HKD 37.11 million, and in India, increasing to HKD 9.36 million from HKD 5.43 million[16] Expenses and Costs - Administrative expenses for the three months ended March 31, 2023, were approximately HKD 14.21 million, compared to HKD 13.92 million for the same period in 2022[7] - Financial costs for the three months ended March 31, 2023, were approximately HKD 2.17 million, an increase from HKD 1.31 million for the same period in 2022[7] - The depreciation of property, plant, and equipment was reported at HKD 1.19 million, down from HKD 1.42 million in the previous year[19] - Administrative expenses increased by approximately HKD 0.29 million or about 2.08% to approximately HKD 14.21 million for the period, primarily due to rising employee costs[37] - Financial costs rose by approximately HKD 0.86 million or about 65.65% to approximately HKD 2.17 million, mainly due to rising bank interest rates[37] Equity and Cash Position - The company’s total equity as of March 31, 2023, was approximately HKD 37.94 million, down from HKD 38.66 million as of December 31, 2022[8] - As of March 31, 2023, the group's cash and cash equivalents were approximately HKD 10.34 million, down from HKD 11.64 million as of March 31, 2022[41] - The group's current ratio as of March 31, 2023, was approximately 1.13 times, compared to 0.91 times as of March 31, 2022[41] - The debt-to-equity ratio as of March 31, 2023, was approximately 243.44%, up from 203.79% as of March 31, 2022[42] Tax and Regulatory Compliance - The company reported a tax expense of HKD 86, compared to none in the previous year, reflecting a new tax obligation under Hong Kong's two-tiered profits tax system[22] - The company has complied with the GEM Listing Rules regarding corporate governance, with a noted deviation in the separation of the roles of Chairman and CEO[64] - The financial information in the quarterly report has not been audited but has been reviewed by the Audit Committee[66] - The company has confirmed that directors have complied with the trading regulations during the reporting period[65] Management Outlook and Strategy - The management anticipates that the trade outlook for Hong Kong will improve further in the coming months due to the reopening of borders with mainland China[35] - The company plans to focus on enhancing product design and development capabilities to maximize long-term returns for shareholders[36] - The management noted that while the overseas market environment remains uncertain, there are significant opportunities in the Southeast Asian market for automatic and quartz watches[35] Corporate Governance and Structure - The stock option plan was approved on June 20, 2018, and is valid for 10 years, allowing the issuance of options not exceeding 10% of the total issued shares at any time[60] - No stock options have been granted since the adoption of the plan up to March 31, 2023[61] - The Audit Committee was established on June 20, 2018, and is responsible for recommending the appointment of external auditors and reviewing financial statements[66] - The company has taken sufficient checks and balances in its management structure despite the noted governance deviation[64] - The company aims to attract high-quality employees through the stock option plan, enhancing its ability to recruit and retain talent[60] - The Chairman and CEO, Mr. Cheung, has been in operational roles since 1986, which the board believes benefits the company's business during its rapid development phase[64] Other Information - The company did not declare any dividends for the three months ended March 31, 2023, consistent with the previous year[23] - The group had no capital commitments as of March 31, 2023[43] - There were no significant events occurring after the reporting period[50] - The group did not participate in any derivative activities or foreign exchange hedging during the period[47] - There were no major investments, acquisitions, or disposals of subsidiaries, associates, or joint ventures during the period[57] - The report includes forward-looking statements based on various assumptions regarding the company's future business strategies and operating environment[68]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不 負責，對其準確性或完整性亦不發表任何聲明，並表明概不對因本公告全部或 任何部分內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 HANVEY GROUP HOLDINGS LIMITED 恆 偉 集 團 控 股 有 限 公 司 （於開曼群島註冊成立的有限公司） （股份代號：8219） 截 至2023年3月31日 止 三 個 月 的 第 一 季 度 業 績 公 告 恆偉集團控股有限公司（「本公司」）董事（「董事」）會（「董事會」）欣然宣佈本公司及 其附屬公司截至2023年3月31日止三個月的未經審核第一季度業績。本公告載 有本公司2023年第一季度報告全文，符合香港聯合交易所有限公司GEM證券上 市規則（「GEM上市規則」）有關第一季度業績初步公告所附載資料的相關要求。 承董事會命 恆偉集團控股有限公司 主席、行政總裁兼執行董事 卓善章 香港，2023年5月12日 於本公告日期，執行董事為卓善章先生及歐靜美女士，M.H.；以及獨立非執行 董事為余壽寧先生，M.H.、趙志鵬先生、余惠芳女士及廖毅榮博士。 本公告乃遵照GEM上市規則之規定提 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告之內容概不 負責，對其準確性或完整性亦不發表任何聲明，並表明概不就因本公告全部或 任何部分內容而產生或因倚賴該等內容而引致之任何損失承擔任何責任。 HANVEY GROUP HOLDINGS LIMITED 恆 偉 集 團 控 股 有 限 公 司 （於開曼群島註冊成立的有限公司） （股份代號：8219） 截 至2022年12月31日 止 年 度 之 年 度 業 績 公 告 香港聯合交易所有限公司（「聯交所」）GEM（「GEM」）的特色 GEM乃為投資風險可能較聯交所其他中小型上市公司為高的公司而設的上市 市場。有意投資者應瞭解投資該等公司的潛在風險，並應經過審慎周詳考慮後 方可作出投資決定。 由於GEM上市公司一般為中小型公司，在GEM買賣的證券可能會較於聯交所主 機板買賣的證券承受較高的市場波動風險，且無法保證在GEM買賣的證券會 有高流通量的市場。 本公告乃遵照聯交所GEM證券上市規則之規定提供有關本公司的資料，恆偉 集團控股有限公司（「本公司」）董事就本公告共同及個別地承擔全部責任。本公 司董事經作出一切合理查詢後確認，就彼等所深知及確信，本公告所 ...