Financial Performance - For the fiscal year ending March 31, 2025, revenue decreased by approximately 9.1% to about HKD 900.7 million compared to the previous fiscal year[5] - Gross profit for the fiscal year decreased by approximately 1.3% to about HKD 150.7 million, while gross margin improved by 1.3 percentage points to approximately 16.7%[5] - The company's annual profit attributable to shareholders decreased by approximately 9.2% to about HKD 14.0 million compared to the previous fiscal year[5] - Basic earnings per share for the fiscal year decreased by approximately 8.9% to about HKD 1.74 compared to the previous fiscal year[5] - The total comprehensive income for the fiscal year was approximately HKD 14.35 million, a slight decrease from HKD 14.73 million in the previous fiscal year[6] - The company reported a net income before tax of approximately HKD 19.69 million, down from HKD 22.90 million in the previous fiscal year[6] - The segment performance showed a profit of HKD 28,970,000, down from HKD 31,797,000, indicating a decrease of about 8.8% year-over-year[22] - The company reported external customer revenue of HKD 900,695,000 for the year, with no single external customer contributing more than 10% of total revenue[24] Expenses and Costs - Total operating expenses for the fiscal year were approximately HKD 132.2 million, with about HKD 8.3 million allocated to support research and development in generative artificial intelligence and the establishment of the Network and Security Operations Center (NOC/SOC)[5] - The company experienced a decrease in sales cost, which was approximately HKD 749.96 million compared to HKD 838.28 million in the previous fiscal year[6] - Total employee costs for the reporting year were approximately HKD 240.0 million, compared to HKD 236.2 million in the previous year[62] - Financing costs for the reporting year were approximately HKD 6.7 million, an increase of about HKD 0.3 million (or approximately 4.5%) compared to the previous year[50] Assets and Liabilities - Total assets increased to HKD 446,080 million in 2025 from HKD 380,206 million in 2024, marking a growth of approximately 17.3%[8] - The company's net current assets rose to HKD 151,064 million in 2025, compared to HKD 135,609 million in 2024, indicating an increase of about 11.4%[8] - The company’s total liabilities increased to HKD 295,016 million in 2025 from HKD 244,597 million in 2024, which is an increase of approximately 20.5%[8] - The company’s cash and cash equivalents reached HKD 245,140 million in 2025, up from HKD 218,911 million in 2024, representing a growth of about 12.0%[8] - The total liabilities stood at HKD 375,591,000, which is an increase from HKD 314,142,000, indicating a rise of about 19.5% year-over-year[22] Market and Strategic Focus - The company aims to enhance its market position through ongoing investment in new technologies and expansion strategies[5] - The company is focused on expanding its market presence and enhancing its service offerings in the Asia-Pacific region[11] - The group has identified ongoing geopolitical tensions and economic slowdowns in mainland China and Hong Kong as potential challenges affecting performance[36] - The company is focusing on three high-growth product lines: Network Security, Automation and Artificial Intelligence, and Management Services[37] Innovation and Technology - The company actively reinvested in technology innovation to drive future growth, reflecting its strategic focus on research and development[5] - The group is focusing on strategic investments in artificial intelligence and has established an AI company, enhancing its technology development capabilities[44] - The group has successfully developed a series of GenAI products, named ChatSeries, which includes applications for workflow automation and AI assistance, demonstrating innovation in the GenAI field[43] - The group is expanding its IT infrastructure management services, including the establishment of AI-driven Network Operations Centers (NOC) and Security Operations Centers (SOC) to enhance service efficiency[41] Shareholder Returns and Dividends - The total dividend proposed for the year ending March 31, 2025, is HKD 6,025,000, down from HKD 6,587,000 in 2024, which is a reduction of about 8.5%[28] - The company has proposed a final dividend of HKD 0.75 per share for 2025, down from HKD 0.82 per share in 2024[28] - The board has proposed a final dividend of HKD 0.75 per share for the year ending March 31, 2025, compared to HKD 0.82 for 2024, pending shareholder approval at the upcoming annual general meeting[69] Compliance and Governance - The audit committee has reviewed the financial statements for the reporting year and confirmed compliance with applicable accounting standards and GEM listing rules[73] - The company has adopted a set of rules for directors conducting securities transactions, ensuring compliance with GEM listing regulations[66] - There were no conflicts of interest reported among directors in competing businesses during the reporting year[68]

Financial Performance - Revenue for the six months ended September 30, 2024, decreased by approximately 15.5% to about HKD 437.2 million compared to HKD 517.6 million for the same period in 2023[12]. - Gross profit for the reporting period was HKD 70.9 million, down from HKD 75.4 million in the previous year, reflecting a decline in gross margin[15]. - Basic earnings per share decreased by approximately 16.3% to HKD 0.82 from HKD 0.98 in the same period last year[15]. - Total comprehensive income for the period was HKD 9.1 million, compared to HKD 6.3 million for the same period in 2023, indicating an increase in overall profitability[15]. - The company reported a profit before tax of HKD 9.6 million, down from HKD 11.8 million in the previous year, indicating a decline in operational performance[15]. - Profit attributable to owners of the company decreased by approximately 16.2% from about HKD 7.9 million to approximately HKD 6.6 million[105]. Revenue Breakdown - Revenue from IT infrastructure solutions was HKD 279,814, down from HKD 349,819, representing a decline of 20%[53]. - Revenue from IT infrastructure management services was HKD 157,415, a decrease of 6.2% from HKD 167,810[53]. - Revenue from the Hong Kong market was HKD 357,255, down 18.7% from HKD 439,430 in the previous year[49]. - Revenue from mainland China increased to HKD 61,693, up 6.3% from HKD 58,103[49]. - The company's revenue decreased by approximately 15.5% from about HKD 517.6 million to approximately HKD 437.2 million due to reduced customer demand during the reporting period[96]. Expenses and Cost Management - Administrative expenses decreased to HKD 33.2 million from HKD 36.3 million, reflecting cost control measures implemented by the company[15]. - Operating expenses totaled approximately HKD 61.6 million, a decrease of about 2.3% from approximately HKD 63.0 million in the previous period[99]. - Financing costs slightly increased by less than HKD 0.1 million or approximately 2.1% to about HKD 3.3 million during the reporting period[102]. - The total income tax expense for the six months ended September 30, 2024, was HKD 2,491,000, a decrease of 19.1% from HKD 3,079,000 in 2023[59]. Cash Flow and Assets - The company’s net cash and cash equivalents decreased to HKD 174,959 thousand from HKD 218,911 thousand over the same period[19]. - Operating cash flow for the six months ended September 30, 2024, was negative HKD 47,196 thousand, compared to negative HKD 44,666 thousand in the previous year[26]. - As of September 30, 2024, total assets amounted to HKD 389,022 thousand, a slight increase from HKD 380,206 thousand as of March 31, 2024[19]. - The total assets of the group as of September 30, 2024, amounted to HKD 511,556, compared to HKD 545,788 as of September 30, 2023[42][45]. Strategic Focus and Future Plans - The company plans to focus on market expansion and new product development to drive future growth[12]. - The company is exploring potential mergers and acquisitions to enhance its market position and expand its product offerings[12]. - The company plans to continue expanding its market presence in the Asia-Pacific region, focusing on IT infrastructure solutions and AI development[29]. - The company is focused on providing IT infrastructure solutions and AI products to meet diverse customer needs in the Asia-Pacific region[82]. - The company plans to expand its service desk capacity in Guangzhou and Kuala Lumpur to meet increasing demand, with completion expected in the first half of 2025[88]. Corporate Governance and Compliance - The board emphasizes the importance of good corporate governance and has maintained compliance with the corporate governance code during the reporting period[155]. - The audit committee has reviewed the unaudited condensed consolidated financial statements and confirmed compliance with applicable accounting standards and GEM Listing Rules[159]. - The company has adopted a code of conduct for directors' securities transactions, ensuring compliance with GEM Listing Rules sections 5.48 to 5.67[154]. - The company confirmed zero expenses related to share options during the reporting period[150]. Shareholder Information - Major shareholders include Mr. Mo with 91,800,000 shares (11.4%) and Mr. Zhang with 89,760,000 shares (11.2%) as of September 30, 2024[134]. - The largest shareholder, Luk Yuen Wah Nancy, holds 226,890,000 shares (28.2%) and 450,500,000 related shares (56.1%)[134]. - The total issued shares of the company as of September 30, 2024, is 803,280,000[139].

Financial Performance - Revenue for the six months ended September 30, 2024, decreased by approximately 15.5% to about HKD 437.2 million compared to the same period in 2023[18]. - Basic earnings per share decreased by approximately 16.3% to about HKD 0.82 from approximately HKD 0.98 in the same period last year[18]. - Gross profit for the same period was HKD 70,875 thousand, down from HKD 75,395 thousand, reflecting a gross margin of 16.2%[21]. - The net profit for the period was HKD 7,061 thousand, a decline of 18.7% from HKD 8,688 thousand in the previous year[21]. - Total comprehensive income for the period increased to HKD 9,074 thousand from HKD 6,325 thousand, driven by foreign exchange gains[21]. - For the six months ended September 30, 2024, total revenue was HKD 439,323,000, a decrease of 16% compared to HKD 522,648,000 for the same period last year[48]. - The company reported a pre-tax profit of HKD 9,552,000 for the period, down from HKD 11,767,000 in the previous year[48]. - Profit attributable to owners of the company decreased by approximately 16.2% to about HKD 6.6 million from approximately HKD 7.9 million in the same period last year[111]. Revenue Breakdown - Revenue from IT infrastructure solutions was HKD 279,702,000, down 20.8% from HKD 349,826,000 in the previous year[48]. - Revenue from IT infrastructure management services was HKD 157,415,000, a decrease of 6.9% from HKD 167,810,000 year-on-year[48]. - Revenue from IT infrastructure solutions was HKD 279,814, down 20% from HKD 349,819 in 2023[59]. - Revenue from IT infrastructure management services was HKD 157,415, a decrease of 6.2% from HKD 167,810 in 2023[59]. Cash Flow and Assets - Cash and cash equivalents at the end of the period were HKD 174,959 thousand, down from HKD 218,911 thousand[32]. - Operating cash flow for the period was negative HKD 47,196 thousand, compared to negative HKD 44,666 thousand in 2023[32]. - The company reported a decrease in total assets to HKD 389,022 thousand from HKD 380,206 thousand[25]. - Total assets as of September 30, 2024, amounted to HKD 511,556,000, down from HKD 545,788,000 as of September 30, 2023[48]. - Trade receivables as of September 30, 2024, amounted to HKD 177,544, an increase from HKD 121,310 as of March 31, 2024[62]. - Trade payables as of September 30, 2024, totaled HKD 122,063, an increase from HKD 116,136 as of March 31, 2024[80]. Liabilities and Equity - Non-current liabilities increased to HKD 72,436 thousand from HKD 69,545 thousand, primarily due to convertible bonds[26]. - Total liabilities increased to HKD 316,962,000 from HKD 362,115,000 year-on-year[48]. - The company's equity increased to HKD 194,594 thousand from HKD 192,107 thousand, reflecting retained earnings growth[26]. Strategic Focus and Market Conditions - The company plans to continue expanding its AI product offerings and enhance its IT infrastructure solutions to capture market opportunities[44]. - The company is focusing on improving operational efficiency and cost management strategies to navigate the current market challenges[44]. - The company recognizes ongoing challenges in the business environment, including US-China competition and economic slowdowns in mainland China and Hong Kong[89]. - The company is exploring suitable acquisition opportunities to enhance corporate value while ensuring alignment with shareholder interests[98]. - The company is focusing resources on three high-growth product lines: Cybersecurity, Automation and AI, and Managed Services[90]. Corporate Governance and Management - The board of directors believes that good corporate governance is essential for effective management and successful business development[161]. - The audit committee reviewed the unaudited condensed consolidated financial statements for the reporting period and found them compliant with applicable accounting standards[165]. - The company has adopted a code of conduct for directors' securities transactions, which meets the standards set by GEM listing rules[160]. - The company has appointed a company secretary with extensive experience in corporate services for Hong Kong listed companies[164]. - The board expresses gratitude to all employees for their contributions and to shareholders, customers, suppliers, and partners for their ongoing support[166]. Stock Options and Shareholder Information - The company has a stock option plan approved on March 15, 2016, with no options granted during the reporting period[150]. - As of September 30, 2024, there are 11,820,000 stock options that remain unexercised[151]. - The company has issued convertible bonds to ServiceOne Global as part of a settlement for acquisition matters[145]. - Major shareholders include Mr. Mo with 91,800,000 shares (11.4%) and Mr. Zhang with 89,760,000 shares (11.2%) as of September 30, 2024[140]. - ServiceOne Global holds 450,000,000 related shares, representing 56.0% of the company[140]. - The total issued shares of the company as of September 30, 2024, is 803,280,000[145].

香港聯合交易所有限公司（「聯交所」）GEM的特色 GEM的定位，乃為中小型公司提供一個上市的市場，此等公司相比起其他在聯交所上市的公司帶有較高投資風險。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上市公司普遍為中小型公司，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 不會就因本報告全部或任何部分內容而產生或因依賴該等內容而引致之任何損失承擔任何責任。 本年報的資料乃遵照聯交所GEM證券上市規則（「GEM上市規則」）而刊載，旨在提供有關思博系統控股有限公司（「本公司」） 的資料。本公司董事（「董事」）願就本年報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，確認就彼 等所知及所信，本年報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，且並無遺漏其他事項，足以令致本 年報所載任何陳述或本年報產生誤導。 本年報將自其刊發日期起計至少於聯交所網站www.hkexnew ...

| --- | --- | |-------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------| | | | | 摘 | 要 | | • | 截 至 2024 年 3 月 31 日 止 年 度（「 報 告 年 度 」或「 2024 年 財 政 年 度 」）的 收 益 較 截 至 2023 年 3 月 31 日 止 年 度（「 相 應 年 度 」或「 2023 年 財 政 年 度 」） 增 加 約 11.8% 至 約 991.0 百 萬 港 元。 | | • | 報 告 年 度 的 毛 利 較 相 應 年 度 ...

Financial Performance - Revenue for the six months ended September 30, 2023, increased by approximately 25.7% to about HKD 517.6 million compared to the same period in 2022[8] - Gross profit for the reporting period rose by approximately 12.3% to about HKD 75.4 million[8] - Profit attributable to owners of the company decreased by approximately 29.1% to about HKD 7.9 million[8] - Basic earnings per share decreased by approximately 29.5% to HKD 0.98[8] - The company reported a total comprehensive income of HKD 6.3 million for the period, down from HKD 9.0 million in the previous year[9] - For the six months ended September 30, 2023, the company reported a net profit of HKD 7,902,000, compared to HKD 11,152,000 for the same period in 2022, representing a decrease of approximately 29.8%[13] - The total comprehensive income for the period was HKD 6,248,000, down from HKD 8,275,000 in the previous year, indicating a decline of about 24.5%[13] - The company reported a profit before tax of HKD 11,767,000, down from HKD 15,718,000 in the prior period[30] Assets and Liabilities - Non-current assets as of September 30, 2023, totaled HKD 133.1 million, down from HKD 138.6 million as of March 31, 2023[10] - Current assets increased to HKD 412.7 million as of September 30, 2023, compared to HKD 356.6 million as of March 31, 2023[10] - Total liabilities increased to HKD 290.3 million as of September 30, 2023, from HKD 237.2 million[11] - Total equity attributable to owners of the company decreased to HKD 162.2 million from HKD 164.0 million[11] - The total assets of the company as of September 30, 2023, were HKD 545,788,000, compared to HKD 496,292,000 a year earlier[27] - The company’s total liabilities increased to HKD 362,115,000 from HKD 322,495,000 year-over-year[34] Cash Flow and Investments - Operating cash flow for the six months was negative HKD 44,661,000, worsening from negative HKD 30,323,000 in the prior year, reflecting a deterioration of approximately 47.3%[15] - The company’s cash and cash equivalents decreased to HKD 147,743,000 at the end of the period, down from HKD 196,795,000 at the beginning, a reduction of about 25%[15] - The company’s investment activities generated a net cash inflow of HKD 1,141,000, a significant improvement from a net cash outflow of HKD 3,790,000 in the previous year[15] - The company’s financing activities resulted in a net cash outflow of HKD 3,638,000, slightly better than the outflow of HKD 3,900,000 recorded in the same period last year[15] Revenue Breakdown - Revenue from IT infrastructure solutions was HKD 349,812,000, up 33.4% from HKD 262,133,000 year-over-year[30] - The AI business generated revenue of HKD 7,000, compared to no revenue in the previous year[30] - Revenue from IT infrastructure management services rose to approximately HKD 167.8 million, an increase of about 12.2% from approximately HKD 149.6 million[59] Expenses and Costs - Operating expenses totaled approximately HKD 63.0 million, an increase of about 16.6% from approximately HKD 54.0 million[63] - Financing costs increased by approximately 3.8% to about HKD 3.3 million from approximately HKD 3.1 million[64] - The total employee cost for the reporting period was approximately HKD 115.5 million, an increase from HKD 99.2 million in 2022, reflecting a growth of about 16.5%[77] Shareholder Information - Major shareholders include Mr. Mo with 91,800,000 shares (11.4%) and Mr. Zhang with 89,760,000 shares (11.2%) as of September 30, 2023[85] - Ms. Luk holds 226,890,000 shares (28.2%) and has a spouse interest of 450,500,000 shares (56.1%)[85] - The total issued shares as of September 30, 2023, is 803,280,000[87] Corporate Governance - The company has adopted a code of conduct for directors' securities trading, compliant with GEM listing rules[98] - The audit committee, along with management, reviewed the unaudited consolidated financial statements for the six months ended September 30, 2023, confirming compliance with applicable accounting standards and sufficient disclosure[100] - The board expresses gratitude to all employees for their contributions and efforts during the reporting period, highlighting the importance of good corporate governance for effective management and business development[102]

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。 EXPERT SYSTEMS HOLDINGS LIMITED 思 博 系 統 控 股 有 限 公 司 （於開曼群島註冊成立的有限公司） （股份代號：8319） 截 至2023年9月30日 止 六 個 月 之 中 期 業 績 公 告 思 博 系 統 控 股 有 限 公 司（「本 公 司」，連 同 其 附 屬 公 司 統 稱 為「本 集 團」）董 事（「董 事」）會（「董 事 會」）謹 此 公 佈 本 集 團 截 至2023年9月30日 止 六 個 月 之 未經審核中期業績。本公告列載本公司2023/24年中期報告（「中期報告」）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」） 中有關中期業績初步公告附載的資料的相關規定。列載GEM上市規則規 定資料的中期報告印刷本將於適當時候根據GEM上市規則規定的方式寄 發予本公司股東。 承董事會命 思博系統控股有限公司 主席兼非執行董事 ...

Financial Performance - Revenue for the three months ended June 30, 2023, increased by approximately 25.3% to about HKD 227.5 million compared to the same period in 2022[5] - Gross profit for the same period rose by approximately 14.2% to about HKD 36.4 million[5] - Profit attributable to owners of the company decreased by approximately 24.8% to about HKD 3.5 million[5] - Basic earnings per share decreased by approximately 24.1% to about HKD 0.44 compared to HKD 0.58 in the same period last year[5] - The company reported a total comprehensive income of HKD 1.642 million for the period, down from HKD 4.236 million in the previous year[6] - The company reported a profit before tax of HKD 5,154,000 for the three months ended June 30, 2023, down from HKD 6,469,000 in the same period of 2022[19] Revenue Breakdown - Revenue from IT infrastructure solutions was HKD 147,063,000, up from HKD 113,334,000, reflecting a growth of 29.8% year-over-year[19] - Revenue from IT infrastructure management services increased to HKD 80,411,000, compared to HKD 68,152,000, marking a rise of 17.9%[19] - The company's revenue for the period was approximately HKD 227.5 million, an increase of about 25.3% compared to HKD 181.5 million in the same period last year[34] - Revenue from IT infrastructure solutions rose to approximately HKD 147.1 million, a 29.7% increase from HKD 113.3 million year-on-year[34] - Revenue from IT infrastructure management services increased to approximately HKD 80.4 million, up 18.0% from HKD 68.2 million in the previous year[34] Expenses and Costs - The company’s administrative expenses increased to HKD 17.56 million from HKD 16.29 million year-on-year[6] - The company’s financing costs were HKD 1.631 million, slightly up from HKD 1.532 million in the previous year[6] - Operating expenses totaled approximately HKD 30.8 million, an increase of about 15.0% from HKD 26.8 million in the previous year[37] - The financing cost for the reporting period was approximately HKD 1.6 million, an increase of about HKD 0.1 million (or approximately 6.5%) compared to HKD 1.5 million in the same period last year[38] Taxation - The company’s tax expense for the period was HKD 1.448 million, compared to HKD 0.872 million in the same period last year[6] - The group’s income tax expense for the three months ended June 30, 2023, was HKD 1,448,000, compared to HKD 872,000 for the same period in 2022, reflecting an increase of 65.9%[20] - Income tax expenses for the reporting period were approximately HKD 1.4 million, an increase of about 66.1% from approximately HKD 0.9 million in the same period last year, with effective tax rates of 21.9% and 16.1% respectively[39] Corporate Strategy and Focus - The company continues to focus on providing IT infrastructure solutions and AI services in the Asia-Pacific region[9] - The company continues to explore suitable acquisition opportunities to enhance corporate value, having successfully completed the acquisition of 70% of ServiceOne International Holdings Limited[33] - The company is focusing on expanding its customer base across new industries in the Asia-Pacific region[34] - The company aims to optimize its product portfolio and support resources to provide valuable solutions and services to clients amid changing customer demands[30] Shareholder Information - The company’s major shareholders include Mr. Zhu Zhaoshen, holding approximately 28.2% of shares, and ServiceOne Global, holding approximately 56.0% of shares[42][47] - The total number of issued shares as of June 30, 2023, was 803,280,000[44] - Lee Kit Ling Monita holds 53,300,000 shares, representing 6.6% of the total shares[49] - The company issued convertible bonds to ServiceOne Global as part of the acquisition consideration, amounting to HKD 75.6 million[45] Governance and Compliance - The audit committee reviewed the unaudited financial statements for the three months ending June 30, 2023, confirming compliance with applicable accounting standards and regulations[61] - The company has adopted a code of conduct for securities trading, ensuring compliance with GEM listing rules[59] - The board emphasizes the importance of good corporate governance for effective management and business development[60] - There were no conflicts of interest reported among directors and major shareholders during the reporting period[57] Employee and Stakeholder Relations - The company expresses gratitude to all employees, shareholders, customers, suppliers, and business partners for their support during the reporting period[63]

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。 EXPERT SYSTEMS HOLDINGS LIMITED 思 博 系 統 控 股 有 限 公 司 （於開曼群島註冊成立的有限公司） （股份代號：8319） 截 至2023年6月30日 止 三 個 月 之 第 一 季 度 業 績 公 告 思 博 系 統 控 股 有 限 公 司（「本 公 司」，連 同 其 附 屬 公 司 統 稱 為「本 集 團」）董 事（「董 事」）會（「董 事 會」）謹 此 公 佈 本 集 團 截 至2023年6月30日 止 三 個 月 之 未 經 審 核 第 一 季 度 業 績。本 公 告 列 載 本 公 司2023/24年 第 一 季 度 報 告（「季 度報告」）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 資 料 的 相 關 規 定。列 載GEM 上市規則規定資料的季度報告印刷本將於適 ...

Financial Performance - For the fiscal year ending March 31, 2023, the company reported revenue of approximately HKD 886.5 million, an increase of about 30.0% compared to HKD 682.2 million for the fiscal year ending March 31, 2022[10]. - The gross profit for the fiscal year increased by approximately 32.8% to about HKD 139.3 million[10]. - The profit attributable to the owners of the company rose by approximately 29.1% to about HKD 19.7 million for the fiscal year[10]. - Basic earnings per share for the fiscal year were HKD 2.45, up approximately 28.9% from HKD 1.90 in the previous fiscal year[10]. - Other income and gains increased by approximately 231.4% from about HKD 2.6 million to approximately HKD 8.6 million, primarily due to COVID-19 government subsidies of about HKD 5.7 million received during the reporting year[28]. - The company's net profit attributable to owners increased by approximately 29.1% from about HKD 15.2 million to approximately HKD 19.7 million[35]. - Basic earnings per share for the reporting year were HKD 2.45, compared to HKD 1.90 for the previous year[36]. - Revenue for the year ended March 31, 2023, was HKD 886,538,000, representing a 30.0% increase from HKD 682,189,000 in 2022[184]. - Gross profit for the same period was HKD 139,336,000, up 32.7% from HKD 104,948,000 in 2022[184]. - Profit attributable to owners of the company was HKD 19,652,000, an increase of 29.9% compared to HKD 15,217,000 in 2022[184]. Dividends and Shareholder Returns - The board has proposed a final dividend of HKD 0.01 per ordinary share, totaling HKD 8,033,000, compared to HKD 0.0077 per share and HKD 6,185,000 in the previous year[11]. - The company reported a final dividend of HKD 1.00 per share for the fiscal year ending March 31, 2023, an increase from HKD 0.77 per share in 2022, pending shareholder approval[122]. - The board has no fixed dividend payout ratio, and dividend amounts will depend on overall economic conditions and the group's financial performance[108]. Strategic Initiatives and Growth Areas - The group is focusing on three main strategic growth areas: hybrid cloud, cybersecurity, and data/application solutions[21]. - The strategic acquisition of 70% of ServiceOne International Holdings Limited (S1IHL) was completed in October 2021, enhancing the group's capabilities and service range[18]. - The establishment of a joint venture with Dr. Chen Zhenchong, a top scientist in artificial intelligence and image processing, aims to develop AI products and solutions[13]. - The strong demand for AI products is expected to enhance the overall solution portfolio and align with the group's growth strategy[22]. - The group is adapting to changing market conditions and customer needs by adjusting its business priorities and seeking new opportunities[20]. - The reopening of borders between Hong Kong and mainland China is expected to facilitate rapid business development and capitalize on opportunities in the Greater Bay Area and Asia-Pacific region[16]. Workforce and Human Resources - The company employed 984 staff across various regions, an increase from 903 in the previous year, with total employee costs rising to approximately HKD 205.2 million from HKD 116.8 million[45]. - The group has approximately 1,000 IT professionals serving clients in the Asia-Pacific region, indicating a strong workforce to support business growth[15]. Corporate Governance - The board of directors emphasizes the importance of good corporate governance practices to ensure accountability and effective management[63]. - The company has adopted the corporate governance code as per GEM listing rules, ensuring compliance with regulations[63]. - The board consists of a balanced mix of executive, non-executive, and independent directors, ensuring independence and objectivity[66]. - The company has established effective mechanisms for independent opinions and resources for the board[67]. - The management team is responsible for business development and sales operations, indicating a focus on growth[60]. - The company has a clear strategy for risk management and internal controls, ensuring operational efficiency[64]. - The board is committed to continuous improvement in corporate governance standards to align with regulatory changes[63]. - The company has established four board committees: Audit Committee, Remuneration Committee, Nomination Committee, and Corporate Governance Committee, each with clear written terms of reference[74]. Financial Position and Assets - Total assets as of March 31, 2023, were HKD 495,203,000, a decrease from HKD 539,762,000 in 2022[184]. - Total liabilities decreased to HKD 309,850,000 from HKD 368,885,000 in 2022, indicating a reduction of 15.9%[184]. - Total equity increased to HKD 185,353,000 from HKD 170,877,000, marking an increase of 8.5%[184]. - Trade receivables amounted to approximately HKD 111,229,000 as of March 31, 2023, with management regularly reviewing for expected credit losses[189]. - Goodwill on the balance sheet was approximately HKD 100,078,000, with no impairment identified based on management's assessment[191]. Risk Management and Compliance - The company has implemented risk management policies aimed at identifying and addressing significant risks to business operations[102]. - The board must evaluate the group's ability to continue as a going concern and disclose relevant matters[197]. - The auditor maintains professional skepticism and exercises professional judgment throughout the audit process[200]. - The company has taken measures to ensure compliance with insider information handling and disclosure regulations[102]. Shareholder Information - Major shareholders include Mr. Mo with 91,800,000 shares (11.4%) and Mr. Zhang with 89,760,000 shares (11.2%)[151]. - The company has a stock option plan that allows for the issuance of up to 80,000,000 shares, equivalent to 10% of the total shares at the time of listing[155]. - The company’s major shareholders collectively hold significant stakes, with the top three shareholders owning over 50% of the total shares[151].