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，並明確表示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的任何損失承擔任何責任。 WINTO GROUP (HOLDINGS) LIMITED 惠陶集團（控股）有限公司 （於開曼群島註冊成立的有限公司） （股份代號：8238） 截至2023年9月30日止九個月 第三季業績公告 香港聯合交易所有限公司（「聯交所」）GEM的特色 GEM的地位，乃為相比起其他在聯交所上市的公司帶有較高投資風險的中小型 公司提供一個上市的市場。有意投資的人士應了解投資於該等公司的潛在風險， 並應經過審慎周詳的考慮後方作出投資決定。 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主板買賣 之證券承受較大的市場波動風險，同時無法保證在GEM買賣的證券會有高流通 量的市場。 香港交易及結算所有限公司及聯交所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，並明確表示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。 本公告的資料乃遵照聯交所《GEM證 ...

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，並明確表示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的任何損失承擔任何責任。 WINTO GROUP (HOLDINGS) LIMITED 惠陶集團（控股）有限公司 （於開曼群島註冊成立的有限公司） （股份代號：8238） 截至2022年12月31日止年度年度報告之補充公告 本公告乃由惠陶集團（控股）有限公司（「本公司」，連同其附屬公司統稱「本集團」） 根據香港聯合交易所有限公司GEM證券上市規則（「GEM上市規則」）第18.32(8)條 而作出。 茲提述本公司於2023年3月31日刊發本集團截至2022年12月31日止年度的年度報 告（「2022年年報」）。除另有界定者外，本公告所用詞彙與2022年年報所界定者具 有相同涵義。 除於2022年年報所披露的資料外，本公司董事會（「董事會」）謹此根據GEM上市規 則第18.32(8)條，就2022年3月3日完成的配售（「2022年配售」）提供額外資料如下： 2022年配售的所得款項擬作用途為目前業務開發的支出。2022年配售的全部所 ...

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主板買賣之證券承受較大的 市場波動風險，同時無法保證在GEM買賣的證券會有高流通量的市場。 香港交易及結算所有限公司及聯交所對本報告之內容概不負責，對其準確性或完整性亦不發表任何 聲明，並明確表示概不就因本報告全部或任何部份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。 本報告的資料乃遵照《聯交所GEM證券上巿規則》（「GEM上市規則」）而刊載，旨在提供有關惠陶集團 （控股）有限公司（「本公司」）的資料；本公司的董事（「董事」）願就本報告的資料共同及個別地承擔全部 責任。各董事在作出一切合理查詢後，確認就其所知及所信，本報告所載資料在各重要方面均屬準 確完備，沒有誤導或欺詐成分，且並無遺漏任何其他事項，足以令致本報告所載任何陳述或本報告 產生誤導。 CHARACTERISTICS OF GEM OF THE STOCK EXCHANGE OF HONG KONG LIMITED (THE "STOCK EXCHANGE") GEM has been positioned as a market designed to accommod ...

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，並明確表示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的任何損失承擔任何責任。 WINTO GROUP (HOLDINGS) LIMITED 惠陶集團（控股）有限公司 （於開曼群島註冊成立的有限公司） （股份代號：8238） 截至2023年6月30日止六個月中期業績公告 香港聯合交易所有限公司（「聯交所」）GEM的特色 GEM的地位，乃為相比起其他在聯交所上市的公司帶有較高投資風險的中小型 公司提供一個上市的市場。有意投資的人士應了解投資於該等公司的潛在風險， 並應經過審慎周詳的考慮後方作出投資決定。 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主板買賣 之證券承受較大的市場波動風險，同時無法保證在GEM買賣的證券會有高流通 量的市場。 香港交易及結算所有限公司及聯交所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，並明確表示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。 本公告的資料乃遵照聯交所《GEM證券上 ...

Financial Performance - For the three months ended March 31, 2023, the revenue was HK$2,208,000, a decrease of 73.7% compared to HK$8,393,000 for the same period in 2022[9] - The gross profit for the same period was HK$1,292,000, down 74.9% from HK$5,138,000 in the previous year[9] - The company reported a loss before tax of HK$1,132,000, compared to a profit of HK$1,248,000 in Q1 2022[9] - The loss attributable to owners of the company was HK$1,112,000, compared to a profit of HK$1,373,000 in the same period last year[10] - Basic and diluted loss per share was HK$0.21, compared to a profit of HK$0.26 per share in Q1 2022[10] - Total revenue decreased by approximately HK$6,185,000 from approximately HK$8,393,000 for the three months ended March 31, 2022, to approximately HK$2,208,000 for the three months ended March 31, 2023, primarily due to a slowdown in the outdoor advertising business[48] - Gross profit decreased from approximately HK$5,138,000 for the three months ended March 31, 2022, to approximately HK$1,292,000 for the three months ended March 31, 2023, mainly due to a decrease in sales volume[50] - Operating expenses decreased to HK$2,058,000, a reduction of 36.4% from HK$3,241,000 in Q1 2022[9] - Operating expenses decreased by approximately HK$1,183,000 from approximately HK$3,241,000 for the three months ended March 31, 2022, to approximately HK$2,058,000 for the three months ended March 31, 2023, due to reduced legal and professional expenses[51] - Finance costs amounted to approximately HK$366,000 for the three months ended March 31, 2023, compared to HK$649,000 for the same period in 2022[57] Equity and Shares - As of March 31, 2023, total equity attributable to owners of the company was HK$30,594,000, down from HK$31,889,000 at the beginning of the year[12] - The weighted average number of ordinary shares for calculating loss per share remained unchanged at 518,400,000 for both periods[37] - The company has 518,400,000 shares in issue as of March 31, 2023[78] - Mr. Lui Man Wah holds 320,023,300 shares, representing approximately 61.73% of the issued share capital of the company[73] - No dividend has been paid or proposed for the three months ended March 31, 2023, consistent with the same period in 2022[34] Business Operations and Market Conditions - Publications and advertising income for the period was HK$1,988,000, down 57.6% from HK$4,684,000 in the previous year[26] - Outdoor advertising income fell to HK$220,000, a decline of 93.9% from HK$3,617,000 in the prior year[26] - The demand for advertising was severely affected in the first quarter of 2023, with companies preferring smaller and more diversified advertisements to test the Macau market[45] - Visitor numbers to Macau gradually increased in the first quarter of 2023, following the relaxation of travel restrictions[44] - The prolonged COVID-19 pandemic has significantly impacted the tourism business in Macau, with total visitation dropping by 26.0% to 5.7 million in 2022 compared to 2021[39] - The total number of visitors to Macau in 2022 was 5.7 million, a decrease of 26.0% compared to 2021, and only 14.5% of the visitor numbers in 2019[41] - The new gaming concession in Macau was confirmed in December 2022, following a period of uncertainty in the tourism and hotel industry[40] - The advertising industry is still facing uncertainty due to geopolitical tensions and economic challenges, despite expectations that the pandemic's impact will ease[46] Future Plans and Developments - The company plans to use the net proceeds from the placing for current business development expenditures[62] - The company plans to develop a new business segment related to fast-moving consumer goods, including traditional Chinese medicine and beauty products, to create synergies with its existing advertising business[65] - The new business segment is expected to diversify the company's product portfolio and benefit shareholders as a whole[68] - The company aims to raise additional funding through the New Placing Shares to strengthen its financial position without incurring interest burdens[66] Compliance and Governance - The financial results have been prepared in accordance with Hong Kong Financial Reporting Standards[16] - The company has been listed on GEM since February 16, 2015, and operates under the GEM Listing Rules[14] - The Group has not early adopted any new HKFRSs that are not yet effective, and anticipates no material impact on future consolidated financial statements[21] - The Audit Committee has reviewed the unaudited condensed consolidated financial results for the three months ended March 31, 2023[92] - The audit committee, consisting of independent non-executive directors, reviewed the financial performance before presenting it to the board for approval[94] - As of the report date, the board includes two executive directors and three independent non-executive directors[98] - The unaudited condensed consolidated financial results for the three months ended March 31, 2023, have not been audited by the Company's auditor[96] - There are no known competing businesses or conflicts of interest involving the Directors or controlling shareholders during the reporting period[90] Share Transactions - During the three months ended March 31, 2023, the company did not purchase, sell, or redeem any of its listed securities[85] - The Share Option Scheme adopted on February 16, 2015, will expire on February 16, 2025, and all options granted have been cancelled as of October 16, 2019[84] Capital Raising - The company completed a placing of new shares on April 3, 2023, raising approximately HK$14.2 million after expenses, with the new shares representing approximately 16.67% of the issued share capital[59] - The net proceeds from the Placing have not been utilized as of the report date[64]

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，並明確表示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的任何損失承擔任何責任。 WINTO GROUP (HOLDINGS) LIMITED 惠陶集團（控股）有限公司 （於開曼群島註冊成立的有限公司） （股份代號：8238） 截至2023年3月31日止三個月 首季業績公告 香港聯合交易所有限公司（「聯交所」）GEM的特色 GEM的地位，乃為相比起其他在聯交所上市的公司帶有較高投資風險的中小型 公司提供一個上市的市場。有意投資的人士應了解投資於該等公司的潛在風險， 並應經過審慎周詳的考慮後方作出投資決定。 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主板買賣 之證券承受較大的市場波動風險，同時無法保證在GEM買賣的證券會有高流通 量的市場。 香港交易及結算所有限公司及聯交所對本報告之內容概不負責，對其準確性或 完整性亦不發表任何聲明，並明確表示概不就因本報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。 本公告的資料乃遵照聯交所《GEM證券 ...

Financial Performance - The total revenue decreased by approximately 43.3% to approximately HK$34,645,000 compared to the previous year[19] - Net profit decreased by approximately 52.7% to approximately HK$10,030,000[19] - The Group recorded total revenue of approximately HK$34,645,000 for the year ended December 31, 2022, representing a decrease of approximately 43.3% from HK$61,128,000 for the year ended December 31, 2021[28] - The Group's total gross profit for the year ended December 31, 2022, was approximately HK$24,112,000, a decrease of approximately 40.0% from HK$40,171,000 for the year ended December 31, 2021[28] - Profit attributable to the owners of the Company amounted to approximately HK$10,104,000 for the year ended December 31, 2022, compared to a loss of approximately HK$21,531,000 for the year ended December 31, 2021[28] - Revenue generated from the publications and advertising business decreased to approximately HK$18,780,000 from approximately HK$29,953,000 for the year ended December 31, 2021[36] - Revenue from the outdoor advertising business amounted to approximately HK$14,758,000, down from approximately HK$28,940,000 for the year ended December 31, 2021[42] - Revenue generated from exhibition and trade show business amounted to approximately HK$1,107,000, representing 3.2% of the total revenue for the year ended December 31, 2022[51] - Gross profit decreased by approximately 40.0% from approximately HK$40,171,000 for the year ended December 31, 2021 to approximately HK$24,112,000 for the year ended December 31, 2022[53] Market Conditions - Total visitation to Macau was 5.7 million, a reduction of 26.0% from 2021 and only 14.5% of the number of visitor arrivals in 2019[17] - The prolonged COVID-19 pandemic resulted in ongoing travel restrictions and prolonged closures of workplaces, severely impacting the tourism business in Macau[17] - Companies in the Macau market, particularly in the tourism and hotel industry, adopted a wait-and-see approach regarding the amendment of the Gaming Law and concession renewal process[18] - The new gaming concession was confirmed in December 2022, which may impact the Macau economy moving forward[18] - January 2023 visitation to Macau increased by 101.3% year-on-year to 1.4 million visitors[23] Operational Efficiency - Operating expenses decreased by approximately 17.0% from approximately HK$14,922,000 for the year ended December 31, 2021 to approximately HK$12,380,000 for the year ended December 31, 2022[60] - The current ratio improved to approximately 1.6 times as at 31 December 2022, compared to approximately 1.0 times as at 31 December 2021[72] - The gearing ratio decreased to approximately 38% as at 31 December 2022, down from 144% in 2021[74] - Trade receivables increased from approximately HK$14,712,000 for the year ended December 31, 2021 to approximately HK$33,997,000 for the year ended December 31, 2022, with turnover days increasing from approximately 88 days to approximately 358 days[75] Corporate Governance - The Group's principal activity is investment holding, with key subsidiaries detailed in note 36 of the consolidated financial statements[122] - The Group has implemented a conservative treasury policy to manage credit risk and closely monitors liquidity levels[88] - The Group's commitment to corporate governance includes compliance with relevant laws and regulations impacting its operations[125] - The company confirmed compliance with disclosure requirements for related party transactions under Chapter 20 of the GEM Listing Rules[187] - The company has adopted the Corporate Governance Code and has been in compliance with it, except for the separation of the roles of chairman and CEO, which are currently shared among executive Directors[198] - The company will continue to review its corporate governance practices to enhance standards and meet regulatory requirements[199] Environmental, Social, and Governance (ESG) - For the year ended December 31, 2022, the Group focused on minimizing environmental damage and ensuring employee well-being, with no recorded non-compliance in environmental and social aspects[124] - Stakeholder engagement highlighted key material issues including employee health and safety, labor standards, intellectual property rights, customer data protection, and anti-corruption, all of which are actively managed by the Group[124] - The Group will publish an Environmental, Social and Governance Report within three months of this annual report, detailing its environmental policies and stakeholder relationships[125] - The Group's business operations are committed to continuous improvement in environmental and social governance practices[124] - The Group continues to engage with stakeholders to enhance its environmental, social, and governance management[128] Shareholder Information - The Directors do not recommend the payment of a final dividend for the year ended December 31, 2022[28] - As of December 31, 2022, the Company had no reserves available for distribution to shareholders[133] - The Board does not recommend the payment of any final dividend for the year ended December 31, 2022[130] - The company has a total of 518,400,000 shares issued as of December 31, 2022[180] - As of December 31, 2022, Mr. Lui Man Wah holds 320,023,300 shares, representing approximately 61.73% of the issued share capital of the company[173] Future Outlook - The Group will remain resilient and is cautiously optimistic about its business outlook following the relaxation of travel restrictions[25] - The Group has diversified its revenue stream by developing the billboard advertising business, entering into contracts for advertisement spaces in Macau and Zhuhai[41] - The Group plans to offer up to 103,680,000 placing shares at a price of not less than HK$0.14 per share as part of a placing agreement entered into on March 13, 2023[103] - The Group has not disclosed any plans for material investments or capital assets beyond what is stated in the annual report[90] - The Group's future business development and potential risks are discussed in the Chairman's Statement and Management Discussion and Analysis[123]

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，並明確表示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的任何損失承擔任何責任。 WINTO GROUP (HOLDINGS) LIMITED 惠陶集團（控股）有限公司 （於開曼群島註冊成立的有限公司） （股份代號：8238） 截至2022年12月31日止年度全年業績公告 香港聯合交易所有限公司（「聯交所」）GEM的特色 GEM的地位，乃為相比起其他在聯交所上市的公司帶有較高投資風險的中小型 公司提供一個上市的市場。有意投資的人士應了解投資於該等公司的潛在風險， 並應經過審慎周詳的考慮後方作出投資決定。 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主板買賣 之證券承受較大的市場波動風險，同時無法保證在GEM買賣的證券會有高流通 量的市場。 香港交易及結算所有限公司及聯交所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，並明確表示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。 本公告的資料乃遵照聯交所《GEM證券上 ...

Financial Performance - For the nine months ended September 30, 2022, the Group reported revenue of HK$31,737,000, a decrease of 27.3% compared to HK$43,650,000 for the same period in 2021[9]. - Gross profit for the nine months ended September 30, 2022, was HK$23,063,000, down 14.7% from HK$27,029,000 in the previous year[9]. - Profit before taxation for the nine months ended September 30, 2022, was HK$12,216,000, representing a decline of 27.5% from HK$16,804,000 in 2021[12]. - The earnings per share for the nine months ended September 30, 2022, was 2.50 HK cents, down from 3.84 HK cents in the same period of 2021, reflecting a decrease of 34.9%[12]. - The total comprehensive income for the period attributable to owners of the Company was HK$12,476,000 for the nine months ended September 30, 2022, compared to HK$16,584,000 in 2021, a decrease of 24.5%[12]. - Operating expenses for the nine months ended September 30, 2022, increased to HK$9,340,000 from HK$8,569,000 in the previous year, marking a rise of 9%[9]. - The Group's accumulated losses as of September 30, 2022, were HK$84,126,000, compared to HK$96,602,000 at the beginning of the year, indicating a reduction in losses[14]. - The total comprehensive income for the period was HK$12,216,000, which includes a profit of HK$12,476,000 attributable to the owners of the Company[14]. - Publications and advertising income for the nine months ended September 30, 2022 was HK$11,986,000, down 46.6% from HK$22,417,000 in the previous year[32]. - Outdoor advertising income for the nine months ended September 30, 2022 was HK$18,876,000, a slight decrease of 2.4% compared to HK$19,335,000 for the same period in 2021[32]. - The Group's revenue from the provision of exhibition and trade show services for the nine months ended September 30, 2022 was HK$875,000, down 53.9% from HK$1,898,000 in the previous year[32]. - Cost of sales decreased from approximately HK$16,621,000 for the nine months ended September 30, 2021 to approximately HK$8,674,000 for the nine months ended September 30, 2022[55]. Shareholder Information - As of September 30, 2022, Mr. Lui Man Wah holds an interest of 320,023,300 shares, representing approximately 61.73% of the issued share capital of the Company[73]. - The total number of shares issued by the Company as of September 30, 2022, is 518,400,000[73]. - Source Creation International Limited, wholly owned by Mr. Lui Man Wah, is the beneficial owner of the same 320,023,300 shares[76]. - During the nine months ended September 30, 2022, the Company did not purchase, sell, or redeem any of its listed securities[81]. - The Company has a Share Option Scheme that was adopted on February 16, 2015, which will expire on February 16, 2025[80]. - All share options granted under the Share Option Scheme have been cancelled since October 16, 2019[80]. - No other substantial shareholders were identified with interests or short positions in the shares of the Company as of September 30, 2022[77]. Compliance and Governance - The Audit Committee, comprising independent non-executive Directors, has reviewed the unaudited condensed consolidated financial results for the nine months ended September 30, 2022[89]. - There are no known competing businesses or conflicts of interest involving the Directors or controlling shareholders as of September 30, 2022[82]. - The compliance adviser, Lego Corporate Finance Limited, has no interest in the share capital of the Company as of September 30, 2022[83]. - The audit committee has been established in accordance with GEM listing rules, consisting of independent non-executive directors[91]. - The unaudited consolidated financial performance for the nine months ended September 30, 2022, has not been reviewed by the company's auditors[92]. - The board of directors includes executive and independent non-executive directors, ensuring a diverse governance structure[93]. Market Conditions and Challenges - The company anticipates facing challenges from the ongoing COVID-19 pandemic and will consider tightening control over operating costs to mitigate its impact[50]. - The prolonged COVID-19 pandemic has resulted in ongoing travel restrictions and lockdowns in the Guangdong-Hong Kong-Macau Greater Bay Area, affecting the company's major customers[49]. - The decrease in revenue and gross profit was mainly attributed to a slowdown in the publications and advertising business due to the new wave of COVID-19 infections[54]. - The company remains cautiously optimistic about its business despite the challenges posed by the pandemic[53]. - The Group's income tax expenses for the nine months ended September 30, 2022 were nil, as there were no assessable profits in Hong Kong[34]. Accounting Standards - The Group adopted new and revised HKFRSs for the first time, which did not have any significant effect on the results and financial position for the current and prior accounting periods[28]. - The Group has not early adopted any new and amendments to HKFRSs that have been issued but are not yet effective for the current period, anticipating no material impact on future consolidated financial statements[29]. - The Group's financial results have been prepared in accordance with HKFRSs and the GEM Listing Rules, under the historical cost basis[19]. - The Group's financial results are presented in Hong Kong dollars (HK$) for the nine months ended September 30, 2022[17].

Financial Performance - Revenue for the six months ended June 30, 2022, was HK$19,404,000, a decrease of 22.2% compared to HK$24,960,000 for the same period in 2021[10] - Gross profit for the six months ended June 30, 2022, was HK$13,063,000, down 11.5% from HK$14,763,000 in the previous year[10] - Profit before taxation for the six months ended June 30, 2022, was HK$5,415,000, representing a decline of 27.8% from HK$7,500,000 in 2021[10] - Profit attributable to owners of the Company for the six months ended June 30, 2022, was HK$5,613,000, down 22.8% from HK$7,269,000 in the same period last year[11] - Basic and diluted earnings per share for the six months ended June 30, 2022, were 1.15 HK cents, compared to 1.68 HK cents for the same period in 2021[11] - Total comprehensive income for the period was HK$4,167,000, down 28.7% from HK$5,851,000 in the previous year[11] - Revenue for the three months ended June 30, 2022, was HK$11,011,000, a decrease of 23.8% compared to HK$14,318,000 for the same period in 2021[38] - Total revenue decreased from approximately HK$24,960,000 for the six months ended June 30, 2021, to approximately HK$19,404,000 for the six months ended June 30, 2022, a decline of about 22.5%[77] - Gross profit decreased from approximately HK$14,763,000 to approximately HK$13,063,000, representing a decline of about 11.5%[80] - Profit attributable to owners of the Company decreased from approximately HK$7,269,000 to approximately HK$5,613,000, a decline of about 22.8%[83] Assets and Liabilities - Current assets increased to HK$47,840,000 as of June 30, 2022, from HK$35,609,000 at the end of 2021, reflecting a growth of 34.2%[14] - Non-current assets decreased slightly to HK$13,806,000 as of June 30, 2022, from HK$14,170,000 at the end of 2021[14] - As of June 30, 2022, net current assets improved to HK$13,305, compared to a net liability of HK$250 as of December 31, 2021[15] - Total assets less current liabilities increased to HK$27,111, up from HK$13,920 at the end of 2021, indicating a significant improvement in financial position[15] - Trade receivables aged over 90 days increased significantly from HK$6,819,000 as of 31 December 2021 to HK$20,624,000 as of 30 June 2022[58] - Total trade payables increased from HK$9,474,000 as of 31 December 2021 to HK$12,840,000 as of 30 June 2022, with over 90 days payables rising from HK$4,981,000 to HK$9,916,000[62] Cash Flow and Financing - The company reported a net cash used in operating activities of HK$9,321 for the six months ended June 30, 2022, a decline from net cash generated of HK$9,463 in the same period of 2021[20] - Cash and cash equivalents decreased to HK$6,454 as of June 30, 2022, down from HK$10,489 a year earlier, indicating liquidity challenges[23] - The company raised HK$7,776 from the issuance of new shares during the period, contributing to its capital base[20] - The net cash generated from financing activities was HK$4,726, compared to a net cash used of HK$570 in the previous year, reflecting improved financing conditions[20] Operating Expenses - Operating expenses for the six months ended June 30, 2022, increased to HK$6,627,000, up 16.5% from HK$5,692,000 in 2021[10] - Employee headcount decreased from approximately 27 to approximately 20, while staff costs increased from approximately HK$3,467,000 to approximately HK$4,086,000[104] Corporate Governance and Compliance - The company has complied with the Corporate Governance Code for the reporting period, except for Code Provision A.2.1, which states that the roles of chairman and CEO should be separated[151] - The company has no CEO currently, and decisions are made by the executive director and overseen by the Board[152] - The company will continue to review its corporate governance practices to enhance standards and meet regulatory requirements[156] - All directors confirmed compliance with the required standard of dealings and the code of conduct regarding securities transactions during the six months ended June 30, 2022[146] Market Conditions and Risks - The Group's major business activities include sales and distribution of publications, advertising spaces, and organizing exhibitions, which have been impacted by COVID-19 restrictions[68] - The Group anticipates challenges from ongoing COVID-19 variants and will tighten control over operating costs to mitigate impacts[71] - The prolonged COVID-19 pandemic has resulted in ongoing travel restrictions and lockdowns affecting the Guangdong-Hong Kong-Macau Greater Bay Area[69] - The Group remains cautiously optimistic about its business despite the uncertainties posed by the pandemic[73] Share Capital and Equity - Share capital rose to HK$10,368, an increase from HK$8,640 as of December 31, 2021, reflecting new share issuance[18] - Reserves increased substantially to HK$17,030 from HK$5,369, indicating a strong retention of earnings[15] - The total equity of the company reached HK$27,111, compared to HK$13,920 at the end of 2021, showing a robust growth in shareholder value[15] - As of June 30, 2022, the Company had 518,400,000 shares in issue, with Mr. Lui Man Wah holding 320,023,300 shares, representing 61.73% of the total shareholding[130] Dividends - No dividend has been paid or proposed for the six months ended June 30, 2022, consistent with the same period in 2021[49] - The Board has recommended not to declare an interim dividend for the six months ended June 30, 2022, to retain more cash for operational needs and future development[113] Financial Standards and Reporting - The Group does not expect any significant impact from the adoption of new and revised Hong Kong Financial Reporting Standards in the foreseeable future[36] - The Group has not early adopted any new or revised Hong Kong Financial Reporting Standards that have been issued but are not yet effective[36] - The Audit Committee has reviewed the unaudited condensed consolidated financial results for the six months ended June 30, 2022, prior to recommending them to the Board for approval[160]