Revenue and Profit Performance - Revenue for the six months ended 30 September 2024 was HK$183.9 million, an increase of HK$48.9 million or 36.2% compared to the same period in 2023[31] - Net profit for the six months ended 30 September 2024 was HK$1.9 million, compared to a net loss of HK$2.4 million in the same period in 2023[31] - Revenue for the six months ended 30 September 2024 increased by 36.2% to HK$183.9 million, compared to HK$134.9 million in the same period in 2023[33][36] - Net profit for the six months ended 30 September 2024 was HK$1.9 million, a significant improvement from a net loss of HK$2.4 million in the same period in 2023[33][36] - Gross profit for the six months ended 30 September 2024 was HK$9.975 million, up from HK$7.731 million in the same period in 2023[36] - Profit from operations for the six months ended 30 September 2024 was HK$2.559 million, compared to a loss of HK$2.190 million in the same period in 2023[36] - Total comprehensive income for the six months ended 30 September 2024 was HK$1.896 million, compared to a loss of HK$2.416 million in the same period in 2023[36] - Basic and diluted earnings per share for the six months ended 30 September 2024 were HK$0.0138, compared to a loss per share of HK$0.0176 in the same period in 2023[36] - Revenue from diesel oil and related products sales in Hong Kong reached HK$183.928 million for the six months ended 30 September 2024, compared to HK$134.981 million in the same period in 2023[61][68] - The Group's total revenue from external customers in Hong Kong was HK$183.928 million for the six months ended 30 September 2024, up from HK$134.981 million in the same period in 2023[68] Expenses and Costs - The profit increase was mainly due to higher diesel oil sales, increased other gains, and decreased operating expenses[32] - Administrative expenses decreased to HK$7.623 million for the six months ended 30 September 2024, compared to HK$7.296 million in the same period in 2023[36] - Other operating expenses decreased to HK$2.821 million for the six months ended 30 September 2024, compared to HK$5.009 million in the same period in 2023[36] - Cost of inventories recognized as expenses was HK$170.520 million for the six months ended 30 September 2024, compared to HK$123.148 million in the same period in 2023[82] - Salaries and other benefits for staff increased to HK$3.817 million for the six months ended 30 September 2024, up from HK$3.288 million in the same period in 2023[82] - Directors' emoluments for the six months ended 30 September 2024 were HK$1.645 million, compared to HK$1.514 million in the same period in 2023[82] Cash Flow and Financial Position - Net cash generated from operating activities for the six months ended 30 September 2024 was HK$19,301 thousand, compared to a net cash used of HK$8,661 thousand in the same period in 2023[48] - Net cash used in financing activities for the six months ended 30 September 2024 was HK$13,289 thousand, slightly higher than the HK$11,927 thousand used in the same period in 2023[48] - Cash and cash equivalents at the end of the period increased to HK$16,464 thousand from HK$7,969 thousand at the end of the same period in 2023[48] - Net assets as at 30 September 2024 increased to HK$93.593 million, compared to HK$91.697 million as at 31 March 2024[39][42] Dividends and Tax - The Board does not recommend paying any dividend for the six months ended 30 September 2024[32] - No Hong Kong Profits Tax provision was made for the six months ended 30 September 2023 and 2024 due to no assessable profits or taxable profits being absorbed by estimated tax losses[86] - The Board did not recommend any dividend payment for the six months ended 30 September 2024 (2023: Nil)[86] Borrowings and Financial Instruments - Secured bank borrowings decreased to HK$17,949,000 as of 30 September 2024 from HK$26,840,000 as of 31 March 2024[122] - Secured other borrowings decreased to HK$6,909,000 as of 30 September 2024 from HK$10,350,000 as of 31 March 2024[122] - Invoice discounting facilities decreased to HK$3,582,000 as of 30 September 2024 from HK$10,506,000 as of 31 March 2024, with an effective interest rate ranging from 6.18% to 6.85% per annum[122] - Term loan decreased to HK$5,938,000 as of 30 September 2024 from HK$7,125,000 as of 31 March 2024, with an effective interest rate of 5.98% per annum[122] - Another term loan decreased to HK$8,429,000 as of 30 September 2024 from HK$8,645,000 as of 31 March 2024, with an interest rate of 3.63% per annum[122] - Installment loan decreased to HK$3,386,000 as of 30 September 2024 from HK$4,594,000 as of 31 March 2024, with an effective interest rate of 7.38% per annum[136] - Installment loans decreased to HK$3,523,000 as of 30 September 2024 from HK$5,756,000 as of 31 March 2024, with an effective interest rate of 7.38% per annum[137] - The fair value of financial assets and liabilities is determined using a hierarchy of Level 1, Level 2, and Level 3 measurements based on observable and unobservable inputs[143] - The fair value of the Group's financial assets as of 30 September 2024 was HK$5,449 thousand, classified as Level 2 in the fair value hierarchy[175][176] - The carrying amounts of the Group's financial assets and liabilities at amortized cost were not materially different from their fair values as of 30 September 2024 and 31 March 2024[183] Trade Receivables and Payables - Trade receivables as of 30 September 2024 were HK$94,854 thousand, with an allowance for expected credit loss of HK$18,764 thousand, resulting in net trade receivables of HK$76,090 thousand[105] - The ageing analysis of trade receivables showed HK$2,718 thousand within 30 days, HK$34,737 thousand for 31 to 60 days, and HK$20,693 thousand over 150 days as of 30 September 2024[107] - The Group's average credit term with customers ranges from 3 to 150 days, with strict control over outstanding receivables and regular reviews by senior management[107] - The Group's trade receivables are measured at an amount equal to lifetime expected credit losses (ECL), calculated using a provision matrix, with no significant differentiation between customer segments based on historical credit loss experience[112] - Trade payables as of 30 September 2024 amounted to HK$27.58 million, with an average credit term from suppliers of up to 3 to 90 days[117] - An aging analysis of trade payables shows that HK$6.15 million is due within 30 days, HK$8.01 million within 31 to 60 days, HK$4.95 million within 61 to 90 days, and HK$8.47 million over 90 days[118] Other Financial Information - Other gains and losses increased to HK$3.028 million for the six months ended 30 September 2024, compared to HK$2.384 million in the same period in 2023[36] - Interest income for the six months ended 30 September 2024 was HK$30 thousand, compared to HK$26 thousand in the same period in 2023[76] - Shipping fee income for the six months ended 30 September 2024 was HK$996 thousand[76] - Interest expenses on bank and other borrowings increased to HK$772 thousand for the six months ended 30 September 2024, up from HK$523 thousand in the same period in 2023[78] - No addition or disposal of property, plant, and equipment occurred during the reporting period (2023: Nil)[96] - The fair value of the Group's investment property as of 30 September 2024 was HK$14,600 thousand, determined by the Directors based on recent market prices[98] - The Group has a total insured sum of approximately $3.15 million (equivalent to HK$24.57 million) for key management personnel life insurance policies, with a guaranteed interest rate ranging from 4.10% to 4.25% per annum for the first five years[114][115] - Pledged assets as of 30 September 2024 included HK$4,564 thousand in key management personnel life insurance policies, HK$14,600 thousand in investment property, and HK$6,122 thousand in pledged bank deposits[188] - The total value of pledged assets decreased from HK$36,284 thousand as of 31 March 2024 to HK$35,190 thousand as of 30 September 2024[188] - Rental expenses with connected party Jet Good Limited decreased from HK$577 thousand in 2023 to HK$180 thousand in 2024[191] - Deposits with connected party Jet Good Limited remained unchanged at HK$444 thousand as of both 30 September 2024 and 31 March 2024[195] - An executive director provided personal guarantees and life insurance policies with an insured sum of US$2,600,000 as security for the Group's loan facilities[195] Company Structure and Reporting - The company's subsidiaries are primarily engaged in the sale and transportation of diesel oil and related products in Hong Kong[52] - The unaudited condensed consolidated financial statements are presented in Hong Kong dollars (HK$), with all values rounded to the nearest thousands (HK$'000)[52] - The company was incorporated in the Cayman Islands on 30 March 2016 and its shares are listed on GEM of the Stock Exchange of Hong Kong Limited[51] - The company's immediate and ultimate holding company is Grand Tycoon Limited, controlled by Mr. Fong Chun Man, a Director of the Company[51] - The unaudited condensed consolidated interim financial statements were prepared in accordance with Hong Kong Accounting Standard (HKAS) 34 "Interim Financial Reporting"[53] - The accounting policies adopted are consistent with those applied in the Group's audited annual financial statements for the year ended 31 March 2024[56] - The unaudited condensed consolidated financial statements were prepared under the historical cost basis, except for certain property and financial instruments measured at fair values at the end of the reporting period[56] - Ordinary shares issued and fully paid remained at 137,520,190 as of 30 September 2024, with a share capital of HK$13,752,000[130] Customer and Revenue Concentration - Customer B contributed HK$31.347 million, representing over 10% of the Group's total revenue for the six months ended 30 September 2024[70]

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 佈 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 佈 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。 F8 ENTERPRISES (HOLDINGS) GROUP LIMITED F 8 企 業（ 控 股 ）集 團 有 限 公 司 （於開曼群島註冊成立的有限公司） （股份代號：8347） 截 至2024年9月30日 止 六 個 月 中 期 業 績 公 佈 F8企 業（控 股）集 團 有 限 公 司（「本 公 司」）董 事（「董 事」）會（「董 事 會」）欣 然 宣 佈 本 公 司 截 至2024年9月30日 止 六 個 月 的 未 經 審 核 業 績。本 公 佈 列 載 本 公 司2024╱ 2025年 中 期 報 告 全 文，並 遵 守 香 港 聯 合 交 易 所 有 限 公 司（「聯 交 所」） GEM證 券 上 市 ...

F8 Enterprises (Holdings) Group Limited F8 企業 (控股) 集團有限公司 (Incorporated in the Cayman Islands with limited liability) (於開曼群島註冊成立的有限公司) Stock Code 股份代號:8347 2024 ANNUAL REPORT 年報 CHARACTERISTICS OF GEM OF THE STOCK EXCHANGE OF HONG KONG LIMITED (THE "STOCK EXCHANGE") GEM has been positioned as a market designed to accommodate small and mid-sized companies to which a higher investment risk may be attached than other companies listed on the Stock Exchange. Prospective investors should be aware of the potential ...

香港交易及結算所有限公司及香港聯合交易所有限公司（「聯交所」）對本 公佈的內容概不負責，對其準確性或完整性亦不發表任何聲明，並明確 表示概不就因本公佈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。 F8 ENTERPRISES (HOLDINGS) GROUP LIMITED F 8 企 業（ 控 股 ）集 團 有 限 公 司 （於開曼群島註冊成立的有限公司） （股份代號：8347） 截 至 二 零 二 四 年 三 月 三 十 一 日 止 年 度 年 度 業 績 公 佈 聯交所GEM之特色 GEM的 定 位 乃 為 相 比 起 聯 交 所 上 市 的 其 他 公 司 帶 有 更 高 投 資 風 險 的 中 小型公司提供上市的市場。有意投資者應了解投資於此類公司的潛在風險， 並應經審慎周詳考慮後方作出投資決定。 由於在GEM上市的公司一般為中小型公司，在GEM買賣的證券可能會承 受較於聯交所主板買賣的證券為高的市場波動風險，同時亦無法保證在 GEM買賣的證券會有高流通量的市場。 本公佈乃遵照聯交所GEM證券上市規則（「GEM上市規則」）的規定而提供 有關F8企業（控股）集團有限公司（「 ...

CHARACTERISTICS OF GEM OF THE STOCK EXCHANGE OF HONG KONG LIMITED (THE "STOCK EXCHANGE") GEM has been positioned as a market designed to accommodate small and mid-sized companies to which a higher investment risk may be attached than other companies listed on the Stock Exchange. Prospective investors should be aware of the potential risks of investing in such companies and should make the decision to invest only after due and careful consideration. Given that the companies listed on GEM are generally small ...

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佈之內容概不負 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佈全部或 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。 F8 ENTERPRISES (HOLDINGS) GROUP LIMITED F 8 企 業（ 控 股 ）集 團 有 限 公 司 （於開曼群島註冊成立的有限公司） （股份代號：8347） 截至2023年9月30日止六個月 中期業績公佈 F8企業（控股）集團有限公司（「本公司」）董事（「董事」）會（「董事會」）欣然宣佈本 公司截至2023年9月30日止六個月的未經審核業績。本公佈列載本公司2023╱ 2024年中期報告全文，並遵守香港聯合交易所有限公司（「聯交所」）GEM證券上市 規則（「GEM上市規則」）中有關中期業績初步公佈附載資料的相關要求。本公司 2023╱2024年中期報告的印刷版本將於適當時候寄發予本公司股東，並可於屆時 於香港聯合交易所有限公司網站www.hkexnews.hk及本公司網站www.f8.com.hk上閱 覽。 承董事會命 F8企業（控股）集團有限公司 主席兼執行董事 方俊文 ...

CHARACTERISTICS OF GEM OF THE STOCK EXCHANGE OF HONG KONG LIMITED (THE "STOCK EXCHANGE") Given that the companies listed on GEM are generally small and mid-sized companies, there is a risk that securities traded on GEM may be more susceptible to high market volatility than securities traded on the Main Board of the Stock Exchange and no assurance is given that there will be a liquid market in the securities traded on GEM. Hong Kong Exchanges and Clearing Limited and the Stock Exchange take no responsibility ...

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佈的內容概不負 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佈全部或 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。 F8 ENTERPRISES (HOLDINGS) GROUP LIMITED F 8 企 業（ 控 股 ）集 團 有 限 公 司 （於開曼群島註冊成立的有限公司） （股份代號：8347） 截至二零二三年六月三十日止三個月 第一季度業績公佈 F8企業（控股）集團有限公司（「本公司」）董事（「董事」）會（「董事會」）欣然宣佈本 公司截至二零二三年六月三十日止三個月的未經審核業績。本公佈列載本公司 2023╱2024年第一季度報告全文，並遵守香港聯合交易所有限公司（「聯交所」） GEM證券上市規則（「GEM上市規則」）中有關第一季度業績初步公佈附載資料的 相關要求。本公司2023╱2024年第一季度報告的印刷版本將於適當時候寄發予本 公 司 股 東 ， 並 可 於 屆 時 在 聯 交 所 網 站 www.hkexnews.hk 及 本 公 司 的 網 站 www.f8.com.hk上閱覽。 承董事會命 F8企 ...

CHARACTERISTICS OF GEM OF THE STOCK EXCHANGE OF HONG KONG LIMITED (THE "STOCK EXCHANGE") GEM has been positioned as a market designed to accommodate small and mid-sized companies to which a higher investment risk may be attached than other companies listed on the Stock Exchange. Prospective investors should be aware of the potential risks of investing in such companies and should make the decision to invest only after due and careful consideration. Given that the companies listed on GEM are generally small ...

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佈之內容概不負 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佈全部或 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。 F8 ENTERPRISES (HOLDINGS) GROUP LIMITED F 8 企 業（ 控 股 ）集 團 有 限 公 司 （於開曼群島註冊成立的有限公司） （股份代號：8347） 截至二零二三年三月三十一日止年度 年度業績公佈 F8企業（控股）集團有限公司（「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之經審核業績。本公告載 列本公司二零二二年╱二零二三年年度報告全文，並符合香港聯合交易所有限公 司（「聯交所」）GEM證券上市規則（「GEM上市規則」）有關年度業績初步公告附載 的資料規定。本公司二零二二年╱二零二三年年度報告的印刷版本將會寄發予本 公司的股東，並可於二零二三年六月三十日或之前於聯交所網站www.hkexnews.hk 及本公司網站www.f8.com.hk閱覽。 承董事會命 F8企業（控股）集團有限公司 主席兼執行董事 方 ...