Financial Performance - Revenue for the six months ended September 30, 2024, was HKD 16,150,000, an increase of 13.3% compared to HKD 14,263,000 for the same period in 2023[6] - Gross profit for the same period was HKD 2,203,000, up from HKD 1,931,000, reflecting a gross margin improvement[6] - The company reported a loss before tax of HKD 993,000, significantly reduced from a loss of HKD 3,693,000 in the prior year[6] - Basic and diluted loss per share was HKD 0.11, compared to HKD 0.41 for the same period last year[8] - The company incurred a loss of HKD 993,000 during the period, compared to a loss of HKD 3,690,000 in the previous year, indicating an improvement in financial performance[13] - The net loss for the period was HKD 1,000,000, a significant improvement from a net loss of HKD 3,700,000 in the previous year[51] Assets and Liabilities - Total assets as of September 30, 2024, amounted to HKD 65,403,000, an increase from HKD 57,758,000 as of March 31, 2024[10] - Accounts receivable increased to HKD 21,878,000 from HKD 17,850,000, indicating improved sales performance[10] - The company has no non-current liabilities related to bonds as of September 30, 2024, compared to HKD 6,274,000 as of March 31, 2024[10] - The total equity attributable to owners of the company was HKD 9,866,000, down from HKD 10,859,000[10] - The group’s total liabilities as of September 30, 2024, included HKD 6,079,000 in bonds payable[42] - As of September 30, 2024, the group's net asset value decreased by 9.3% to HKD 9,800,000 from HKD 10,800,000 as of March 31, 2024[58] Cash Flow - For the six months ended September 30, 2024, the company reported a net cash flow from operating activities of HKD 403,000, compared to a net cash outflow of HKD 432,000 for the same period in 2023[15] - The total cash and cash equivalents increased to HKD 6,437,000 as of September 30, 2024, up from HKD 5,692,000 a year earlier[15] - The group maintained cash and cash equivalents of HKD 6,400,000, slightly up from HKD 6,200,000 as of March 31, 2024[59] - The financing activities resulted in a cash outflow of HKD 195,000 for both periods, indicating stable financing costs[15] Business Operations - The company aims to enhance its market presence and explore new product development strategies moving forward[6] - The company continues to engage in various business segments, including natural resources and commodity trading, lending, and the development and promotion of fashion apparel[18] - The consumer goods and fashion apparel segment generated revenue of HKD 14,600,000, up from HKD 13,000,000 in the previous year[54] - The lending business recorded revenue of HKD 1,500,000, an increase from HKD 1,300,000 in the previous year, indicating steady growth[55] Shareholder Information - The group did not recommend any dividend for the six months ending September 30, 2024, consistent with the previous year[48] - The group reported a weighted average number of shares of 890,723,000 for the calculation of basic and diluted loss per share[35] - As of September 30, 2023, the number of shares available for issuance under the share option scheme was 71,901,900, representing approximately 8.07% of the issued share capital[70] - No unissued shares were available for issuance under the share option scheme as of September 30, 2024[71] Governance and Compliance - The company has adopted a code of conduct for securities trading by directors, which is in line with GEM Listing Rules, and no non-compliance was reported for the six months ending September 30, 2024[83] - The company has adhered to the Corporate Governance Code throughout the review period, with some board meeting notifications being less than 14 days to respond to investment opportunities[85] - The Audit Committee, consisting of three independent non-executive directors, has reviewed the unaudited condensed consolidated interim financial statements for the six months ending September 30, 2024[87] Market Strategy - The group plans to continue developing its existing business through organic growth or acquisitions, while seeking other investment opportunities to diversify and enhance shareholder returns[68]

Financial Performance - The group recorded a revenue of HKD 32,300,000 for the fiscal year ending March 31, 2024, a decrease of 33% from HKD 48,200,000 in the previous year[15] - The group's operating profit decreased from HKD 4,700,000 to HKD 2,600,000, consistent with the decline in revenue[15] - The lending business contributed HKD 1,900,000 to the revenue, down from HKD 2,500,000 in the previous year[15] - The group reported a net loss attributable to owners of approximately HKD 30,700,000, an increase of HKD 5,200,000 compared to the previous year's loss of HKD 25,500,000[16] - Operating expenses for the year were HKD 15,500,000, slightly down by 1.3% from HKD 15,700,000 in the previous year[16] - The group did not record any other income for the year, compared to HKD 82,000 in the previous year, primarily due to the absence of government subsidies[15] Business Environment and Strategy - The group anticipates a challenging business environment due to potential global issues and local social events[13] - The group aims to diversify its business by leveraging strong business connections and seizing emerging opportunities[13] - The group continues to focus on the Hong Kong and Asian markets for electronic accessories and fashion products[12] - The group has not engaged in natural resources and commodity trading during the year due to unfavorable macroeconomic conditions[15] - The trading environment for natural resources was unfavorable in 2023, leading to no palm oil trading activities, which previously generated HKD 10,400,000 in 2023[20] - The sales revenue of the consumer goods and fashion apparel segment, managed by Maidis Group, was HKD 30,400,000 for the year ending March 31, 2024, down from HKD 35,300,000 in 2023[21] - Maidis Group is optimistic about its business recovery, driven by positive feedback from potential buyers regarding differentiated products[25] - The lending business recorded revenue of HKD 1,900,000 in 2024, a decrease from HKD 2,500,000 in 2023, but the company sees ongoing market demand for this segment[26] Financial Position and Assets - As of March 31, 2024, the group's net asset value decreased to HKD 10,800,000 from HKD 41,500,000 as of March 31, 2023, primarily due to a provision for impairment losses on financial assets of approximately HKD 15,800,000[37] - The group's non-current assets as of March 31, 2024, were HKD 13,000, a significant drop from HKD 324,000 as of March 31, 2023[38] - The capital debt ratio increased to 36.7% as of March 31, 2024, compared to 13.1% in the previous year, indicating a rise in financial leverage[39] - The current ratio decreased to approximately 1.4 as of March 31, 2024, down from 2.5 in the previous year, reflecting a decline in liquidity[39] - The group had no available bank financing as of March 31, 2024, compared to zero in the previous year[40] - The group held trading investments valued at HKD 300,000 as of March 31, 2024, with significant investments in companies such as HMVOD Video Limited, which accounted for approximately 62.0% of the trading investments' fair value[44] Employee and Compensation Policies - The total employee cost for the year ended March 31, 2024, was approximately HKD 2,100,000, consistent with the previous year[51] - The group has maintained a stable workforce with 38 employees as of March 31, 2024, down from 48 in the previous year[51] - The employee compensation policy is based on performance, qualifications, and capabilities, ensuring fair treatment for all employees[113] - The company has a strong focus on employee welfare, providing competitive compensation and mandatory retirement plans in compliance with local regulations[82] Corporate Governance - The board of directors did not declare an interim dividend and does not recommend a final dividend for the year ending March 31, 2024 (2023: none) [90] - The company has adopted a dividend policy, with any proposed dividends subject to the board's discretion and shareholder approval[86] - The company has complied with the GEM Listing Rules and corporate governance code throughout the fiscal year, with some deviations explained[138] - The board of directors is responsible for policy formulation and monitoring the company's financial performance[144] - The company emphasizes a culture of accountability and sustainability in its business development and management strategies[143] - The board will continue to monitor and review corporate governance principles to ensure compliance[139] Risk Management - The company faces business risks related to loan defaults and insufficient collateral value, which could adversely affect its financial condition and profitability[72] - The company has implemented internal policies to manage risks associated with its lending business, although these may not be fully effective[72] - The company is monitoring the latest developments regarding risks to ensure timely implementation of appropriate measures[74] - The company maintains a liquidity risk management strategy by continuously monitoring cash flow and ensuring sufficient cash and credit lines[80] - The board and audit committee have reviewed and confirmed the effectiveness of the risk management and internal control systems for the year ending March 31, 2024[195] Audit and Compliance - The independent auditor for the financial statements for the year ending March 31, 2024, is KPMG, with a resolution to reappoint them at the upcoming annual general meeting[131] - The total fees paid and payable to the external auditor for the audit and other services for the fiscal year ending March 31, 2024, amounted to HKD 630,000[199] - The company has engaged independent internal control consultants to assess the effectiveness of its internal control systems[194] Board Structure and Diversity - The board of directors consists of 4 members, including 1 executive director and 3 independent non-executive directors, ensuring a balanced composition for effective leadership[150] - The company complies with GEM Listing Rules, maintaining at least one-third of the board as independent non-executive directors, with a minimum of three independent directors[151] - The company adopted a board diversity policy to ensure a balanced mix of skills, experience, and perspectives among board members, with a focus on gender, age, cultural background, and professional experience [166] - The nomination committee reviewed the board diversity policy and found the current board structure reasonable, with no changes necessary [166] Committees and Meetings - The company has established five committees under the board, including the executive committee, investment committee, audit committee, remuneration committee, and nomination committee, to oversee specific areas of the company's affairs [171] - The audit committee, consisting of three independent non-executive directors, held three meetings during the year, including one with external auditors, to review financial statements and reports [177] - The remuneration committee has held one meeting during the year, focusing on the compensation details of directors for the fiscal year ending March 31, 2024[182] - The company has established a formal process for reviewing the performance of executive directors and senior management, including their current compensation[183] Environmental and Social Responsibility - The company is committed to reducing its carbon footprint and resource consumption through various environmental initiatives[83]

Financial Performance - For the fiscal year ending March 31, 2024, the company reported a revenue of HKD 32,265,000, a decrease of 33.1% from HKD 48,179,000 in the previous year[15]. - The gross profit for the year was HKD 2,591,000, down 45.2% from HKD 4,734,000 in the prior year[15]. - The company incurred a total loss of HKD 30,710,000 for the year, compared to a loss of HKD 25,518,000 in the previous year, representing a 20.5% increase in losses[15]. - Basic and diluted loss per share was HKD 3.45, compared to HKD 3.13 in the previous year, indicating a worsening of the loss per share by 10.2%[15]. - The company reported a pre-tax loss of HKD 30,710,000 for the fiscal year 2024, compared to a pre-tax loss of HKD 25,513,000 in 2023, reflecting a worsening of approximately 20.0%[26][27]. - The net loss attributable to shareholders for the year was HKD 30,704,000, compared to a loss of HKD 25,512,000 in the previous year[57]. - The group recorded a loss attributable to owners of approximately HKD 30,700,000, an increase of HKD 5,200,000 compared to HKD 25,500,000 in 2023, mainly due to an increase in impairment losses on financial assets of approximately HKD 3,800,000[89]. Asset and Liability Management - Non-current assets decreased significantly to HKD 13,000 from HKD 324,000 year-on-year, reflecting a decline of 96.0%[16]. - Current assets also saw a decline, totaling HKD 57,758,000, down 27.4% from HKD 79,525,000 in the previous year[16]. - Total liabilities increased to HKD 40,677,000 from HKD 32,045,000, marking a rise of 27.0%[16]. - The company's net assets dropped to HKD 10,820,000 from HKD 41,530,000, a significant decrease of 74.0%[16]. - The company's net asset value decreased to HKD 10,800,000 as of March 31, 2024, down from HKD 41,500,000 in the previous year[73]. - The group’s net current assets as of March 31, 2024, were HKD 17,100,000, a decrease from HKD 47,500,000 in the previous year, primarily due to impairment losses on financial assets and an increase in accrued expenses[101]. - The group's capital-to-debt ratio as of March 31, 2024, was 36.7%, up from 13.1% in 2023, indicating a substantial increase in financial leverage[120]. Revenue Breakdown - The revenue breakdown shows that consumer goods sales contributed HKD 30,364,000, down from HKD 35,317,000, indicating a decrease of about 14.0% year-over-year[46]. - The company reported a total of HKD 29,674,000 in cost of goods sold for the fiscal year 2024, down from HKD 43,445,000 in 2023, reflecting a decrease of about 31.6%[52]. - The consumer products and fashion apparel segment generated revenue of HKD 30,400,000 for the year ended March 31, 2024, down from HKD 35,300,000 in 2023[92]. - The loan business generated revenue of HKD 1,900,000 in 2024, down from HKD 2,500,000 in 2023, but the company remains optimistic about market demand for this segment[66]. Operational Efficiency - For the year ended March 31, 2024, operating expenses were HKD 15,500,000, a slight decrease of 1.3% compared to HKD 15,700,000 in 2023, primarily due to reduced expenditures during the year[88]. - The company maintained strict control over accounts receivable, with total unsecured receivables at HKD 22,034,000 as of March 31, 2024, down from HKD 26,320,000 in the previous year[33]. - The average credit period extended to customers in the consumer goods segment was 30 days, with the board regularly reviewing overdue balances[32]. Impairment and Financial Health - The impairment loss on financial assets measured at amortized cost increased to HKD 15,826,000 in 2024 from HKD 12,001,000 in 2023, representing a rise of about 31.0%[52]. - The group will consider comprehensive and specific provisions for impairment of receivables, especially in light of the economic downturn affecting borrowers' repayment capabilities[98]. Strategic Initiatives - The company plans to expand its business, leveraging technological capabilities and effective marketing strategies to enhance product value and drive growth[66]. - The group aims to expand its sales channels in department stores and offer flexible credit terms to customers to grow its business[93]. - The group plans to enhance brand image through the development of new intellectual property and participation in various marketing activities, including trade fairs and exhibitions[93]. Compliance and Reporting - The company has adopted new Hong Kong Financial Reporting Standards, which are expected to have no significant impact on the consolidated financial statements in the foreseeable future[21]. - The company did not apply early adoption of the newly issued Hong Kong Financial Reporting Standards that are effective from January 1, 2025, or later[41]. - The board did not declare an interim dividend and does not recommend a final dividend for the year ending March 31, 2024[137]. Investment and Financing - The group has adopted a passive investment strategy to maintain a diversified investment portfolio to mitigate risks[123]. - The group has no available bank financing as of March 31, 2024, compared to zero in 2023[121]. - The group has no significant asset pledges or contingent liabilities as of March 31, 2024[126]. - The total employee cost for the year ending March 31, 2024, was approximately HKD 2,100,000, unchanged from the previous year[129].

Financial Performance - For the six months ended September 30, 2023, the revenue was HKD 15,886,000, a decrease of 3.1% compared to HKD 16,263,000 in the same period of 2022[5] - The gross profit for the six months was HKD 1,931,000, down 44.4% from HKD 3,473,000 in the previous year[5] - The net loss for the six months was HKD 3,693,000, compared to a loss of HKD 3,173,000 in the same period of 2022, representing an increase in loss of 16.4%[5] - The basic and diluted loss per share for the six months was HKD 0.41, compared to HKD 0.36 in the previous year[7] - Total revenue for the six months ended September 30, 2023, was HKD 14,263,000, a decrease of 53.0% from HKD 30,327,000 in the same period of 2022[23] - The company recorded a loss of HKD (3,693,000) for the six months ended September 30, 2023, compared to a loss of HKD (3,173,000) in the same period of 2022, reflecting a worsening performance[25] - The sales of consumer goods for the six months ended September 30, 2023, were HKD 12,964,000, down 41.0% from HKD 21,920,000 in the same period of 2022[23] - The group recorded a revenue of HKD 14,300,000 for the six months ended September 30, 2023, a decrease of 52.8% compared to HKD 30,300,000 in the same period last year[46] - The overall gross profit decreased by 45.7% to HKD 1,900,000 from HKD 3,500,000 in the previous year[46] - The group reported a net loss of HKD 3,700,000 for the six months ended September 30, 2023, compared to a net loss of HKD 3,200,000 in the same period last year[47] Assets and Liabilities - Total assets as of September 30, 2023, were HKD 79,722,000, slightly up from HKD 79,525,000 as of March 31, 2023[8] - Current liabilities increased to HKD 35,740,000 from HKD 32,045,000, indicating a rise of 11.8%[10] - Cash and cash equivalents decreased to HKD 5,692,000 from HKD 6,319,000, a decline of 9.9%[8] - The company’s total equity as of September 30, 2023, was HKD 37,837,000, down from HKD 41,530,000 as of March 31, 2023, reflecting a decrease of 9.0%[10] - The debt-to-equity ratio increased to 14.6 from 13.1 due to an increase in accrued expenses and other payables[57] - The current ratio was approximately 2.2, down from 2.5, attributed to the increase in accrued expenses and other payables[57] Cash Flow - For the six months ended September 30, 2023, the company reported a net cash outflow from operating activities of HKD (432,000) compared to HKD (18,720,000) for the same period in 2022, indicating a significant improvement[17] - The financing activities resulted in a net cash outflow of HKD (195,000) for the six months ended September 30, 2023, compared to a net inflow of HKD 11,022,000 in the same period of 2022[17] - The company had cash and cash equivalents of HKD 5,692,000 at the end of the reporting period, a decrease from HKD 6,319,000 at the beginning of the period[17] Inventory and Expenses - The company reported a decrease in inventory to HKD 3,399,000 from HKD 3,625,000, a reduction of 6.2%[8] - The cost of inventory recognized as an expense for the six months ended September 30, 2023, was HKD 12,332,000, down 54.2% from HKD 26,854,000 in the same period of 2022[29] - The cost of goods sold was HKD 12,300,000, down from HKD 26,900,000 year-on-year, reflecting the decrease in revenue[46] Business Segments - The company continues to focus on its core business segments, including natural resources and commodity trading, consumer goods trading, lending, and securities investment[21] - The consumer goods and fashion apparel segment generated revenue of HKD 13,000,000, down from HKD 21,900,000 year-on-year[50] - The lending business recorded revenue of HKD 1,300,000, an increase from HKD 1,200,000 in the previous year[52] Shareholder Information - The weighted average number of shares for calculating basic and diluted loss per share was 890,723,000 shares for both the three and six months ended September 30, 2023[31] - As of September 30, 2023, there are 71,901,900 unexercised share options granted under the share option scheme, with an exercise price of HKD 0.211[69] - The company has not issued, exercised, cancelled, or lapsed any other share options during the six months ending September 30, 2023[70] - As of September 30, 2023, Ms. Lin Su holds a total of 9,980,190 shares, representing approximately 1.34% of the company's total equity[73] - No directors or their associates were granted or exercised any rights to benefit from purchasing the company's shares or bonds during the six months ending September 30, 2023[75] - There were no significant shareholders holding 10% or more of the company's shares that required disclosure under the Securities and Futures Ordinance as of September 30, 2023[76] Corporate Governance - The board of directors has adopted a code of conduct regarding securities trading, with no known violations during the six months ending September 30, 2023[81] - The company has complied with the Corporate Governance Code throughout the review period, with some exceptions regarding the notice period for board meetings[82] - The audit committee, consisting of three independent non-executive directors, reviewed the unaudited condensed consolidated interim financial statements for the six months ending September 30, 2023[85] - The board will continue to monitor and review corporate governance principles and practices to ensure compliance[83] Future Plans and Risks - The company plans to continue developing its existing business through organic growth or acquisitions, while also seeking other investment opportunities to diversify its operations[68] - The company maintains a conservative inventory policy and continuously assesses the financial status of customers to mitigate credit risk[64] - The company has not established any foreign currency hedging arrangements, but will monitor foreign currency risks closely[63] - The company will continue to monitor the payment situation of the seller regarding the refundable deposit and provide updates to its shareholders as necessary[58] Other Information - The company did not recommend any dividend payment for the six months ended September 30, 2023, consistent with the previous year[44] - There were no significant subsequent events after September 30, 2023, up to the date of this interim report[42] - The company has not engaged in any significant acquisitions or disposals during the six months ending September 30, 2023[60] - There are no significant contingent liabilities or asset pledges as of September 30, 2023[65] - The company did not engage in any related party transactions that required disclosure in this report[77] - During the six months ending September 30, 2023, the company or its subsidiaries did not purchase, sell, or redeem any of its listed securities[78] - The report was issued by the executive director, Ms. Lin Su, on November 14, 2023[86]

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。 WEALTH GLORY HOLDINGS LIMITED 富譽控股有限公司 (於開曼群島註冊成立的有限公司) (股份代號:8269) 二零二三年中期業績公告 富譽控股有限公司(「本公司」)董事(「董事」)會(「董事會」)欣然宣佈本公司及其 附屬公司截至二零二三年九月三十日止六個月的未經審核綜合業績。本公告列載 本公司二零二三年中期報告的全文,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」)中有關中期業績初步公告附載資料的相關規定。 承董事會命 富譽控股有限公司 執行董事 藺夙 香港,二零二三年十一月十四日 於本公告日期,董事會包括四名董事:一名執行董事為藺夙女士;及三名獨立非執 行董事為譚澤之先生、劉永勝先生及陳嘉洪先生。 本公告之資料乃遵照GEM 上市規則而刊載,旨在提供有關本公司之資料;各董事 願就本公告之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, 確認就其所深知 ...

Financial Performance - For the three months ended June 30, 2023, the company reported revenue of HKD 9,157,000, a decrease of 36.5% compared to HKD 14,441,000 for the same period in 2022[5] - The cost of sales for the same period was HKD 8,174,000, resulting in a gross profit of HKD 983,000, which is a slight increase from HKD 957,000 in the previous year[5] - The company incurred a net loss of HKD 747,000 for the three months ended June 30, 2023, compared to a net loss of HKD 1,005,000 in the same period of 2022, indicating an improvement in performance[6] - Basic and diluted loss per share for the current period was HKD 0.08, compared to HKD 0.14 for the same period last year[6] - The total comprehensive loss for the period was HKD 747,000, compared to HKD 1,005,000 in the same period of 2022[6] - The group's consolidated revenue decreased by 36.1% to HKD 9,200,000 compared to HKD 14,400,000 in the same period last year[24] - The group recorded a net loss of HKD 700,000 for the three months ended June 30, 2023, compared to a net loss of HKD 1,000,000 in the same period last year, representing a reduction of 30%[25] Sales and Revenue - Sales of consumer products amounted to HKD 8,518,000, a decrease of 26.5% from HKD 11,591,000 in the same period of 2022[12] - The sales revenue from the consumer goods and fashion apparel segment was HKD 8,500,000, down from HKD 11,600,000 in the previous year[28] - The group's coal trading and other natural resources segments did not generate any revenue during the review period, compared to HKD 2,300,000 in the previous year[27] Expenses and Costs - The group's operating expenses decreased by 14.3% to HKD 1,200,000 from HKD 1,400,000 year-on-year, primarily due to reduced marketing expenses[25] - The group's inventory costs recognized as expenses were HKD 8,174,000, down from HKD 13,484,000 in the previous year[18] - The group's financial costs amounted to approximately HKD 98,000, primarily related to the estimated interest on bonds issued by the group[25] Other Income and Dividends - The group did not record any other income during the review period, compared to HKD 64,000 in the previous year, mainly due to the absence of government subsidies[24] - The group did not declare any dividends for the three months ended June 30, 2023, consistent with the previous year[22] Shareholder Information - As of June 30, 2023, the total number of unexercised share options was 71,901,900, with no options granted, exercised, canceled, or expired during the three months[36][37] - Ms. Lin holds 2,790,000 shares and 7,190,190 share options, representing a total equity of 9,980,190 shares, which is approximately 1.12% of the total issued shares[40] Corporate Governance - The company has not engaged in any related party transactions that require disclosure as of June 30, 2023[44] - There were no purchases, sales, or redemptions of the company's listed securities by the company or its subsidiaries during the three months ending June 30, 2023[45] - The audit committee, consisting of three independent non-executive directors, reviewed the unaudited consolidated results for the three months ending June 30, 2023[50] Business Focus and Strategy - The company continues to focus on its core business areas, including natural resources and commodity trading, lending activities, and the development and sale of consumer products[11] - The group will continue to develop its existing business through organic growth or acquisitions, aiming to diversify its operations to enhance shareholder returns[34] Financial Assets - The company reported a net loss of HKD 107,000 from financial assets measured at fair value through profit or loss, down from HKD 214,000 in the previous year[14] - The group experienced a net loss of HKD 100,000 from securities investments, an improvement from a net loss of HKD 200,000 in the same period last year[32]

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。 WEALTH GLORY HOLDINGS LIMITED 富譽控股有限公司 (於開曼群島註冊成立的有限公司) (股份代號:8269) 二零二三年第一季度業績公告 富譽控股有限公司(「本公司」)董事(「董事」)會(「董事會」)欣然宣佈本公司及其 附屬公司截至二零二三年六月三十日止三個月的未經審核綜合業績。本公告列載 本公司二零二三年第一季度報告的全文,並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」)中有關季度業績初步公告附載的相關資料要求。 承董事會命 香港,二零二三年八月十四日 於本公告日期,董事會包括四名董事:一名執行董事為藺夙女士;及三名獨立非執 行董事為譚澤之先生、劉永勝先生及陳嘉洪先生。 本公告之資料乃遵照GEM 上市規則而刊載,旨在提供有關本公司之資料;各董事 願就本公告之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, 確認就其所深知及所深信,本公告所載資料在 ...

Financial Performance - The group recorded a revenue of HKD 48,200,000 for the fiscal year ending March 31, 2023, a decrease of 6.6% compared to HKD 51,600,000 in the previous year[14]. - The lending business contributed HKD 2,500,000 to the group's revenue, up from HKD 1,700,000 in 2022[14]. - The group's operating gross profit increased slightly from HKD 3,900,000 in the previous year to HKD 4,700,000[14]. - Other income rose to HKD 82,000, compared to HKD 58,000 in 2022, primarily due to government subsidies received[15]. - The net loss for the year was HKD 400,000, an improvement from a net loss of HKD 1,700,000 in the previous year[15]. - Operating expenses were HKD 15,700,000, down 6% from HKD 16,700,000 in the previous year, mainly due to the absence of share-based payment expenses[15]. - The group reported a loss attributable to owners of approximately HKD 25,500,000, a decrease from HKD 28,100,000 in 2022[16]. - The natural resources and commodities trading segment generated revenue of HKD 10,400,000, down from HKD 18,400,000 in the previous year due to ongoing impacts from COVID-19[19]. - The sales revenue of Maidis Group for the year ended March 31, 2023, was HKD 35,300,000, an increase from HKD 31,500,000 in 2022, reflecting a growth of approximately 5.7%[20]. - The lending business recorded a revenue of HKD 2,500,000 for the year, up from HKD 1,700,000 in 2022, indicating a growth of approximately 47.1%[24]. Business Strategy and Development - The group plans to continue diversifying its business and leveraging strong business connections to navigate a challenging business environment[12]. - The group is focusing on expanding its sales network and enhancing R&D capabilities in the fashion products sector, targeting the younger generation as key customers[11]. - The group plans to enhance brand image by developing registered new intellectual property and actively participating in various marketing activities, including trade fairs and exhibitions[20]. - Maidis Group is optimistic about business recovery and expansion, driven by customer satisfaction with differentiated products[21]. - The group aims to expand sales channels and offer flexible credit terms to attract distributors and maximize profits[20]. - The group is focusing on developing motion-sensing games to enhance brand awareness in the coming years[20]. Financial Position and Assets - The group’s net asset value as of March 31, 2023, was HKD 41,500,000, down from HKD 48,000,000 a year earlier, representing a decrease of approximately 14.6%[34]. - As of March 31, 2023, the total value of non-current assets was HKD 300,000[36]. - As of March 31, 2023, the net current assets were HKD 47,500,000, slightly down from HKD 47,700,000 in the previous year[36]. - The capital debt ratio as of March 31, 2023, was zero, unchanged from the previous year[37]. - The current ratio as of March 31, 2023, was approximately 2.5, down from 2.7 in the previous year[37]. - As of March 31, 2023, the group had no available bank financing, consistent with the previous year[38]. - The group held trading investments valued at HKD 400,000 as of March 31, 2023, with significant investments in three listed companies[43]. Employee and Compensation - The total employee cost for the year ended March 31, 2023, was approximately HKD 2,100,000, down from HKD 9,800,000 in the previous year[50]. - The company has a competitive compensation package and a pleasant working environment to attract and motivate employees[76]. - The remuneration policy for employees is based on performance, qualifications, and capabilities, ensuring fair treatment[108]. Corporate Governance - The company reported its audited financial statements for the year ending March 31, 2023[58]. - The company adhered to the GEM Listing Rules and corporate governance code throughout the fiscal year, with some deviations explained in the report[134]. - The board is committed to high standards of corporate governance to protect shareholder interests and enhance shareholder value[134]. - The board will continue to monitor and review corporate governance principles to ensure compliance[135]. - The company emphasizes a culture of integrity and accountability, with training provided to employees on ethical standards[137]. - The board is responsible for policy formulation and oversight of the company's financial performance[140]. - The board retains decision-making authority on significant strategic and business matters, including financial data and corporate governance issues[141]. - The board of directors consists of executive and independent non-executive directors, ensuring a balanced composition for effective leadership[146]. - Independent non-executive directors play a crucial role in providing impartial opinions on the group's strategy, performance, and control issues[146]. - The company complies with GEM Listing Rules, maintaining at least one-third of the board as independent non-executive directors[148]. - All independent non-executive directors have confirmed their independence annually, adhering to the standards set by GEM Listing Rules[148]. - Each executive director has a three-year service agreement, and non-executive directors are appointed for a term of three years[150]. - The company conducts regular board meetings, with a minimum of four meetings held annually to discuss business development and overall strategy[154]. - The board ensures that any significant transactions involving major shareholders or directors' conflicts of interest are reviewed and handled appropriately[155]. - Continuous professional development is provided to all directors, ensuring they are updated on legal and regulatory responsibilities[153]. - The nomination committee is responsible for reviewing the board's composition and assessing the independence of non-executive directors[150]. - The company maintains a commitment to good corporate governance practices, ensuring compliance with applicable rules and regulations[152]. Shareholder Communication - The company has adopted a shareholder communication policy to ensure timely and equal access to comprehensive information for shareholders and potential investors[194]. - The company has established several communication channels with shareholders, including sending annual meeting notices at least 20 business days prior to the meeting[195]. - The company provides corporate communications such as annual reports and quarterly reports in printed form, available on both the stock exchange and the company's website[196]. - Shareholders have the right to propose resolutions at the annual general meeting, ensuring their interests are protected[198]. - All resolutions presented at the shareholders' meeting must be voted on, with results published on the GEM website and the company's website[198]. - The company has not made significant changes to its Articles of Association and Memorandum of Association as of March 31, 2023[197]. - Shareholders can submit inquiries in writing to the company's main office in Hong Kong[198]. - The company invites external auditors to attend the annual general meeting to address questions related to auditing and accounting policies[195]. - The company ensures that all major issues, including the election of individual directors, are presented as independent resolutions for shareholder consideration[198]. - The company’s Hong Kong share transfer and registration office provides services related to share transfer registration and dividend payments[196]. - The company is committed to timely handling inquiries from shareholders and providing relevant information[197].

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。 WEALTH GLORY HOLDINGS LIMITED 富譽控股有限公司 (於開曼群島註冊成立的有限公司) (股份代號:8269) 二零二三年全年業績公告 富譽控股有限公司(「本公司」)董事(「董事」)會(「董事會」)欣然宣佈本公司及其 附屬公司截至二零二三年三月三十一日止年度的經審核綜合業績。本公告列載本 公司二零二三年年報的全文,並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」)中有關全年業績初步公告附載的資料要求。 香港,二零二三年六月二十九日 於本公告日期,董事會包括四名董事:一名執行董事為藺夙女士;及三名獨立非執 行董事為譚澤之先生、劉永勝先生及陳嘉洪先生。 本公告之資料乃遵照GEM 上市規則而刊載,旨在提供有關本公司之資料;各董事 願就本公告之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, 確認就其所深知及所深信,本公告所載資料在各重要方面均屬準確及完備,沒 ...

Financial Performance - For the three months ended December 31, 2022, the revenue was HKD 15,147,000, an increase of 34.5% compared to HKD 11,291,000 for the same period in 2021[5] - The gross profit for the nine months ended December 31, 2022, was HKD 3,594,000, slightly up from HKD 3,579,000 in the same period of 2021, indicating a stable performance[5] - For the nine months ended December 31, 2022, the total revenue was HKD 45,474,000, a decrease of 4% compared to HKD 47,411,000 for the same period in 2021[14] - The revenue from natural resources and commodity trading for the nine months was HKD 10,400,000, down 43% from HKD 18,368,000 in the previous year[14] - Sales of consumer products increased to HKD 33,193,000, up 20% from HKD 27,527,000 year-on-year[14] - The group recorded revenue of HKD 45,500,000 for the nine months ended December 31, 2022, a decrease of 4% compared to HKD 47,400,000 in the same period last year[26] Loss and Expenses - The company reported a loss before tax of HKD 6,663,000 for the three months ended December 31, 2022, compared to a loss of HKD 8,227,000 for the same period in 2021, reflecting an improvement of 19.1%[5] - The total comprehensive loss for the nine months ended December 31, 2022, was HKD 9,836,000, a decrease from HKD 16,809,000 in the same period of 2021, showing a significant reduction in losses[5] - The basic and diluted loss per share for the three months ended December 31, 2022, was HKD 0.84, improving from HKD 1.14 in the same period of 2021[7] - The group reported a pre-tax loss of HKD 9,831,000 for the nine months, compared to a loss of HKD 16,808,000 in the same period last year, representing a 42% improvement[22] - The basic and diluted loss per share for the nine months was HKD 0.0124, compared to HKD 0.0234 for the same period in 2021[22] - The group reported a net loss of HKD 9,800,000 for the nine months ended December 31, 2022, compared to a net loss of HKD 16,800,000 in the same period last year[28] Operational Costs - The company incurred administrative expenses of HKD 6,251,000 for the three months ended December 31, 2022, compared to HKD 4,571,000 in the same period of 2021, indicating increased operational costs[5] - The cost of goods sold was HKD 41,900,000, down from HKD 43,800,000 in the previous year, reflecting the decrease in revenue[26] - Sales expenses decreased significantly to HKD 1,400,000 from HKD 9,800,000 year-on-year, primarily due to the impact of COVID-19 on marketing strategies[27] - Operating expenses were HKD 11,400,000, a reduction of 5.8% from HKD 12,100,000 in the previous year, mainly due to decreased spending on new product development[27] Financial Position - The company’s total liabilities increased, leading to a total equity of HKD 57,468,000 as of December 31, 2022, compared to HKD 48,033,000 as of April 1, 2022[9] - The group recognized finance costs of HKD 41,880,000 for the nine months, a slight decrease from HKD 43,832,000 in the previous year[18] - The group reported a net loss from fair value changes of financial assets of HKD 460,000 for the nine months, compared to a loss of HKD 1,592,000 in the previous year[16] - Interest income from lending activities amounted to HKD 1,881,000 for the nine months, an increase from HKD 1,516,000 in the previous year[14] Business Development and Strategy - The company has not reported any new product launches or technological advancements during this period[11] - There are no indications of market expansion or mergers and acquisitions in the current report[11] - The group plans to continue expanding its sales channels and developing new products to enhance profitability and brand image[30] - The group remains optimistic about the recovery of its operations and future prospects once COVID-19 is under control[30] - The group plans to continue developing its existing business through organic growth or acquisitions, while also seeking other investment opportunities to diversify its operations and enhance shareholder returns[40] Shareholder Information - As of December 31, 2022, the total unexercised share options amounted to 99,961,178, with 71,901,900 options remaining exercisable at year-end[42] - The company’s directors and senior management held a total of 9,980,190 shares and share options, representing approximately 1.12% of the total issued shares[45] - As of December 31, 2022, no individual (excluding directors and senior management) holds or is deemed to hold 10% or more of the equity interests in the company or its subsidiaries[48] - During the nine months ended December 31, 2022, the company and its subsidiaries did not purchase, sell, or redeem any of the company's listed securities[50] Audit and Compliance - The audit committee, consisting of three independent non-executive directors, reviewed the unaudited consolidated results for the nine months ended December 31, 2022[57]