Revenue Performance - Revenue for the three months ended July 31, 2023, amounted to approximately HK$58.31 million, representing an increase of approximately 143.8% compared to HK$23.92 million for the same period in 2022[11] - The increase in revenue was primarily due to the rise in slope works projects, which increased from approximately HK$23.92 million in 2022 to approximately HK$58.31 million in 2023, also reflecting a 143.8% increase[19] - Revenue from slope engineering projects rose from approximately HK$23.92 million to approximately HK$58.31 million, marking an increase of approximately 143.8% due to more slope engineering projects[21] - Revenue for the three months ended July 31, 2023, was HK$58,313,000, a significant increase of 143% compared to HK$23,916,000 for the same period in 2022[64] - The Group's contracting revenue for the three months ended July 31, 2023, was HK$58,313,000, a significant increase of 143% compared to HK$23,916,000 for the same period in 2022[83] Profit and Loss - Loss attributable to owners of the Company for the three months ended July 31, 2023, was approximately HK$1.01 million, a decrease from approximately HK$1.44 million in 2022[11] - Basic loss per share for the three months ended July 31, 2023, was approximately HK$0.06 cents, down from approximately HK$0.09 cents in 2022[11] - The net loss attributable to owners of the Company decreased to approximately HK$1.02 million for the three months ended July 31, 2023, compared to approximately HK$1.44 million for the same period in 2022[28] - Loss before income tax decreased to HK$1,024,000 from HK$1,438,000 year-over-year, indicating a reduction in losses[64] - Total comprehensive expense for the period was HK$1,024,000, compared to HK$1,438,000 in the previous year[64] - Loss attributable to owners of the Company for Q1 2023 was HK$1,024,000, compared to a loss of HK$1,438,000 in Q1 2022, indicating an improvement of 28.8%[102] Cost and Expenses - Direct costs increased by approximately HK$33.68 million or approximately 142.6%, from approximately HK$23.62 million to approximately HK$57.30 million, primarily due to the increase in revenue[25] - Administrative expenses remained stable at approximately HK$1.81 million for both the three months ended July 31, 2022, and July 31, 2023[27] - Other income decreased mainly due to a reduction in sundry income[26] - The increase in gross profit margin was primarily driven by the increase in revenue[29] - Total staff costs decreased to HK$1,043,000 in Q1 2023 from HK$1,096,000 in Q1 2022, a reduction of 4.8%[98] - Interest on borrowings decreased to HK$234,000 in Q1 2023 from HK$320,000 in Q1 2022, a decline of 26.9%[92] - Depreciation of property, plant, and equipment dropped to HK$23,000 in Q1 2023 from HK$72,000 in Q1 2022, a decrease of 68.1%[98] - Subcontracting charges increased significantly to HK$57,299,000 in Q1 2023 from HK$23,622,000 in Q1 2022, representing a rise of 142.5%[98] Operational Environment - The Group's operating environment remains challenging due to rising operational costs, including higher subcontracting rates and general operation costs[13] - The Hong Kong Government's ongoing infrastructure projects are expected to increase demand for slope works, contributing to a steady flow of construction work[17] - The Directors remain cautiously optimistic about the slope works industry in Hong Kong due to government initiatives aimed at landslip prevention[17] Corporate Governance and Compliance - The Board does not recommend the payment of dividends for the three months ended July 31, 2023[11] - The Company has complied with the applicable code provisions of the Corporate Governance Code during the reporting period, with a noted deviation regarding insurance coverage for directors[50] - The Audit Committee reviewed the unaudited condensed consolidated results and confirmed compliance with applicable accounting standards and GEM Listing Rules[57] - The Company has adopted a share option scheme in accordance with the provisions of Chapter 23 of the GEM Listing Rules[55] - There were no purchases, sales, or redemptions of the Company's listed securities during the reporting period[49] Geographic Focus - The Group's business is considered a single operating segment, with no separate geographical segment analysis presented as all activities are concentrated in Hong Kong[19] - The Group's performance is concentrated in a single geographic area, Hong Kong, with no separate geographical segment reporting[21] - The Group operates primarily in Hong Kong, focusing on slope works and foundation works, with no separate segment analysis provided due to the single geographical focus[83] - The Group's construction business is viewed as a single operating segment for resource allocation decisions[21] Financial Statements - The financial statements are prepared in accordance with Hong Kong Financial Reporting Standards and are presented in Hong Kong dollars (HK$), rounded to the nearest thousands (HK$'000)[74] - The unaudited condensed consolidated financial statements for the three months ended July 31, 2023, should be read in conjunction with the consolidated financial statements for the year ended April 30, 2023[76] - The Group's accounting policies remain consistent with those used in the previous financial year, except for the adoption of new and revised Hong Kong Financial Reporting Standards effective from May 1, 2023[75] Shareholder Information - The weighted average number of ordinary shares remained unchanged at 1,577,200 for both Q1 2023 and Q1 2022[102] - The Company does not recommend a payment of dividend for Q1 2023, same as in Q1 2022[99] - No deferred tax has been provided as there were no material temporary differences at the end of the reporting period[95] Customer Revenue - Revenue from Customer A increased significantly to HK$27,197,000 in Q1 2023 from HK$9,980,000 in Q1 2022, representing a growth of 172.5%[92]

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分內容而產生或因依賴該等內容 而引致的任何損失承擔任何責任。 ZHEJIANG UNITED INVESTMENT HOLDINGS GROUP LIMITED 浙江聯合投資控股集團有限公司 （於開曼群島註冊成立的有限公司） （股份代號：8366） 截至二零二三年七月三十一日止三個月之 第一季度業績公佈 香港聯合交易所有限公司（「聯交所」）GEM（「GEM」）的特色 GEM的定位，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小型及中型公司提 供一個上市的市場。有意投資者應瞭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上市公司一般為小型及中型公司，在GEM買賣的證券可能會較於聯交所主板買 賣的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。 – 1 – 本公佈乃遵照聯交所GEM證券上市規則（「GEM上市規則」）的規定而提供有關浙江聯合投 資控股集團有限公司（「本公司」）的資料。本公司各董事（「 ...

Financial Performance - Revenue for FY2022/23 was HK$199.2 million, an increase of 49.5% compared to HK$133.3 million in FY2021/22[14]. - Gross profit for FY2022/23 was HK$3.9 million, up from HK$1.9 million in FY2021/22, reflecting a significant improvement in profitability[14]. - Net loss decreased to HK$3.1 million in FY2022/23 from HK$7.4 million in FY2021/22, indicating a reduction in financial losses[14]. - Loss per share improved to HK$0.20 cents in FY2022/23 from HK$0.47 cents in FY2021/22, showcasing better financial performance[14]. - The Group's overall revenue increased by approximately HK$65.9 million or 49.4%, from approximately HK$133.3 million for the year ended 30 April 2022 to approximately HK$199.2 million for the year ended 30 April 2023[24]. - Revenue from slope works increased from approximately HK$133.0 million for the year ended 30 April 2022 to approximately HK$199.0 million for the year ended 30 April 2023, representing an increase of approximately 49.6%[29]. - The Group's direct costs increased by approximately HK$63.8 million or 48.5%, from approximately HK$131.5 million for the year ended 30 April 2022 to approximately HK$195.3 million for the year ended 30 April 2023[31]. - The Group's gross profit increased by approximately HK$2.0 million or 105.3%, from approximately HK$1.9 million for the year ended 30 April 2022 to approximately HK$3.9 million for the year ended 30 April 2023[34]. - The Group's gross profit margin increased from approximately 1.4% for the year ended 30 April 2022 to approximately 2.0% for the year ended 30 April 2023[34]. - Loss attributable to owners of the Company for the year ended 30 April 2023 was approximately HK$3.1 million, a decrease from approximately HK$7.4 million for the year ended 30 April 2022[44]. - Administrative expenses decreased by approximately HK$1.4 million or approximately 14.7%, from approximately HK$9.5 million for the year ended 30 April 2022 to approximately HK$8.1 million for the year ended 30 April 2023[36]. Market Environment - The construction market in Hong Kong remains competitive, with challenges such as rising operational costs and slower funding proposal scrutiny impacting performance[17]. - The Directors noted that the operating environment is challenging due to increased subcontracting rates and general operational costs[17]. - Future outlook remains cautious due to ongoing political and social challenges affecting the construction industry in Hong Kong[17]. Operational Focus - The Group's principal operating subsidiary, Fraser Construction Company Limited, is an approved specialist contractor for public works, enhancing its competitive position[16]. - The Group is engaged in slope works, foundation works, and general building works, which are critical for maintaining infrastructure stability in Hong Kong[16]. - The Group's focus on public sector projects is crucial, as being on the approved contractor list is necessary for tendering[16]. - The Group has obtained public projects from the Civil Engineering and Development Department and Lands Department of the Hong Kong Government, expected to be completed in the coming years[23]. - The Group is cautiously optimistic about the slope works industry in Hong Kong due to the government's ongoing infrastructure projects[22]. Financial Position - As of 30 April 2023, current assets amounted to HK$52.5 million, down from HK$71.1 million in 2022, with cash and cash equivalents decreasing to HK$1.1 million from HK$44.8 million[50][55]. - The Group's current liabilities were HK$74.8 million as of 30 April 2023, compared to HK$90.6 million in 2022, resulting in a current ratio of 0.7, down from 0.8[50][55]. - The gearing ratio as of 30 April 2023 was approximately negative 95.7%, an improvement from negative 317.7% in 2022, reflecting a reduction in total debts to HK$21.33 million from HK$61.06 million[53][54]. Human Resources - Employee count increased to 94 as of 30 April 2023, up from 46 in the previous year, while staff costs decreased to approximately HK$4.8 million from HK$5.5 million[62][68]. - The Group places great emphasis on employee training and development, viewing excellent employees as a key factor in its competitiveness[88]. Governance and Compliance - The company has complied with the applicable code provisions of the Corporate Governance Code, except for deviations explained in the report[154]. - The Board consists of six Directors, including three executive Directors and three independent non-executive Directors, ensuring a balance of power[166]. - The Group is committed to improving operational efficiency and strengthening risk control measures, which are core competitive advantages[163]. - The company has adopted a code of conduct regarding securities transactions by Directors, confirming compliance during the year ended April 30, 2023[160]. - The Board recognizes the importance of sound corporate governance for long-term success and shareholder value[153]. - The Company has provided training materials to all existing directors regarding updates on GEM Listing Rules to ensure compliance with good corporate governance practices[194]. - The Board Diversity Policy aims to enhance performance quality by considering diversity in gender, age, cultural background, and professional experience among directors[196]. - The Board is collectively responsible for directing and supervising the Company's affairs, ensuring sound internal control and risk management systems are in place[184]. Legal and Regulatory Matters - There was no material non-compliance with relevant laws and regulations in Hong Kong during the year ended 30 April 2023[80]. - The Group's operations are primarily conducted through its subsidiaries in Hong Kong, ensuring compliance with local laws and regulations[80]. - The Company has not received any official documentation from the PRC government indicating involvement in the case related to Mr. Zhou and Ms. Meng's arrest[101]. - The management anticipates no qualified opinion regarding the Deconsolidated Subsidiaries for the year ending April 30, 2024[113]. - The investigation into Mr. Zhou and Ms. Meng was completed on October 13, 2021, with formal arrests made on August 26, 2021[1]. - The registered offices of the Deconsolidated Subsidiaries were found to be empty or occupied by other parties during the investigation[2]. Management and Leadership - Mr. Fu Yan Ming has over 30 years of experience in accounting, audit, internal control, financial management, strategic business planning, corporate finance, merger and acquisition, and corporate governance[137]. - Mr. Leung Tsun Ip has more than 17 years of experience in finance and asset management[131]. - Mr. Hui Man Ho Ivan has over 17 years of experience in auditing, accounting, financial management, and corporate finance[133]. - Mr. Yu Shek Man has over 39 years of experience in the construction industry in Hong Kong[144]. - The company has appointed independent non-executive directors with extensive backgrounds in finance and engineering, enhancing its governance structure[135]. - The management team includes professionals with qualifications such as Financial Risk Manager (FRM) and members of various accounting and engineering institutions[132][138]. - The company is focused on strategic business planning and corporate governance, which are critical for its future growth[137]. - The diverse expertise of the senior management team positions the company well for future projects and market expansion[149].

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分內容而產生或因依賴該等內容 而引致的任何損失承擔任何責任。 ZHEJIANG UNITED INVESTMENT HOLDINGS GROUP LIMITED 浙江聯合投資控股集團有限公司 （於開曼群島註冊成立的有限公司） （股份代號：8366） 截至二零二三年四月三十日止年度之 年度業績公佈 香港聯合交易所有限公司（「聯交所」）GEM（「GEM」）的特色 GEM的定位，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小型及中型公司提 供一個上市的市場。有意投資者應瞭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上市公司一般為小型及中型公司，在GEM買賣的證券可能會較於聯交所主板買 賣的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。 – 1 – 本公佈乃遵照聯交所GEM證券上市規則（「GEM上市規則」）的規定而提供有關浙江聯合投 資控股集團有限公司（「本公司」）的資料。本公司各董事（「董事」） ...

Revenue Performance - Revenue for the nine months ended January 31, 2023, amounted to approximately HK$120.9 million, representing an increase of approximately 25.4% compared to HK$96.4 million for the same period last year[12]. - The Group's total revenue increased by approximately HK$24.5 million or about 25.4% to approximately HK$120.9 million for the nine months ended 31 January 2023, compared to approximately HK$96.4 million for the same period in 2022[22]. - Revenue from slope works increased from approximately HK$96.2 million for the nine months ended January 31, 2022, to approximately HK$120.8 million for the same period in 2023, representing an increase of approximately 25.6%[19]. - Revenue from foundation works decreased from HK$0.2 million for the nine months ended January 31, 2022, to approximately HK$0.1 million for the same period in 2023 due to a decrease in foundation projects[20]. - Revenue from slope works for the nine months ended 31 January 2023 was HK$120,848,000, representing an increase of 25.6% compared to HK$96,242,000 for the same period in 2022[102]. - Total revenue for the nine months ended 31 January 2023 was HK$120,928,000, compared to HK$96,444,000 for the same period in 2022, marking an increase of 25.5%[102]. Profit and Loss - Loss attributable to owners of the Company for the nine months ended January 31, 2023, was approximately HK$2.7 million, a reduction from a loss of approximately HK$5.5 million in the previous year[12]. - Loss per share for the nine months ended January 31, 2023, was approximately HK0.17 cents, improved from approximately HK0.35 cents in the previous year[12]. - The loss attributable to owners of the Company was approximately HK$2.7 million for the nine months ended 31 January 2023, compared to a loss of approximately HK$5.5 million for the same period in 2022[33]. - Loss before income tax for the nine months ended January 31, 2023, was HK$2,748,000, a decrease of 50% compared to HK$5,501,000 for the same period in 2022[85]. - The Group reported a loss before income tax of HK$1,398,000 for the three months ended 31 January 2023, compared to a loss of HK$1,263,000 in the same period of 2022[118]. - For the nine months ended January 31, 2023, the basic and diluted loss per share was HK$2,748, down from HK$5,501 in the same period of 2022, indicating a reduction of approximately 50%[128]. Expenses and Costs - Direct costs increased by approximately HK$23.7 million or approximately 24.9%, from approximately HK$95.1 million to approximately HK$118.8 million, primarily due to the increase in slope works projects[25]. - Administrative expenses decreased by approximately HK$1.4 million or about 18.7%, from approximately HK$7.5 million to approximately HK$6.1 million, attributed to lower staff costs and rental expenses[27]. - Administrative expenses for the nine months ended January 31, 2023, were HK$6,081,000, a decrease of 19.4% from HK$7,535,000 in the previous year[85]. - Total staff costs for the three months ended 31 January 2023 amounted to HK$1,398,000, an increase of 10.7% from HK$1,263,000 in the same period of 2022[118]. - Subcontracting charges for the three months ended 31 January 2023 were HK$52,542,000, an increase of 7.9% from HK$49,114,000 in the same period of 2022[118]. Governance and Compliance - The Board does not recommend the payment of dividends for the nine months ended January 31, 2023, consistent with the previous year[12]. - The Company complied with the Corporate Governance Code, except for a deviation regarding insurance cover for directors[69]. - All directors confirmed compliance with the Code of Conduct regarding securities transactions during the Period[71]. - The Audit Committee reviewed the unaudited condensed consolidated results and confirmed compliance with applicable accounting standards and GEM Listing Rules[80]. - The company has established an Audit Committee consisting of three independent non-executive directors to oversee financial reporting and compliance[79]. Market Environment - The Group faces a challenging operating environment due to increasing operational costs, particularly higher subcontracting rates[14]. - Competition in the construction market remains intense, influenced by slower funding proposal scrutiny for public works projects[14]. - The Hong Kong Government's ongoing infrastructure projects are expected to increase demand for slope works related to public safety[17]. - The Directors remain cautiously optimistic about the slope works industry in Hong Kong due to the government's commitment to a rolling Landslip Prevention and Mitigation Programme[17]. Employee and Shareholder Information - The Group employed 47 employees as of 31 January 2023, with remuneration based on market terms and individual performance[48]. - As of January 31, 2023, Emperor Securities Limited held 792,000,000 shares, representing approximately 50.21% of the Company's shareholding[64]. - As of January 31, 2023, no directors or chief executives of the Company had any interests or short positions in shares or debentures of the Company[9]. - There were no significant contracts involving the Company and any director with a material interest during the Period[56]. - No share options were outstanding as of January 31, 2023, under the share option scheme adopted on October 15, 2015[82]. Financial Position - As of 31 January 2023, the equity attributable to owners of the Company amounted to approximately negative HK$22.0 million, compared to approximately negative HK$19.2 million as of 30 April 2022[34]. - The Group incurred a net loss of approximately HK$2,748,000 for the nine months ended 31 January 2023, with a deficit equity of approximately HK$21,966,000[99]. - As of January 31, 2023, the total equity attributable to owners of the company was HK$21,966,000, a decrease from HK$19,218,000 as of May 1, 2022[88]. - The Group had no material capital commitments or contingent liabilities as of 31 January 2023[37][47]. - The Group has implemented measures to improve working capital and liquidity in light of the net loss and deficit equity situation[99].

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分內容而產生或因依賴該等 內容而引致的任何損失承擔任何責任。 ZHEJIANG UNITED INVESTMENT HOLDINGS GROUP LIMITED 浙江聯合投資控股集團有限公司 （於開曼群島註冊成立的有限公司） （股份代號：8366） 截至二零二三年一月三十一日止九個月之 第三季度業績公佈 香港聯合交易所有限公司（「聯交所」）GEM的特色 GEM的定位，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小型及中型公司提供一 個上市的市場。有意投資者應瞭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上市公司一般為小型及中型公司，在GEM買賣的證券可能會較於聯交所主板買賣的證 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。 – 1 – 本公佈乃遵照聯交所GEM證券上市規則（「GEM上市規則」）的規定而提供有關浙江聯合投資控股 集團有限公司（「本公司」）的資料。本公司各董事（「董事」）願共同及 ...

Revenue Performance - Revenue for the six months ended 31 October 2021 amounted to approximately HK$46.3 million, representing an increase of approximately 30.8% compared to HK$35.4 million for the same period in 2020[11]. - The Group's total revenue increased by approximately HK$10.9 million or approximately 30.8% from approximately HK$35.4 million for the six months ended 31 October 2020 to approximately HK$46.3 million for the six months ended 31 October 2021[23]. - Revenue from slope works increased from approximately HK$35.1 million for the six months ended 31 October 2020 to approximately HK$46.1 million for the six months ended 31 October 2021, representing an increase of approximately 31.3%[19]. - For the three months ended 31 October 2021, the revenue was HK$21,182,000, representing an increase from HK$14,792,000 in the same period of 2020, which is a growth of approximately 43.5%[96]. - For the six months ended 31 October 2021, the revenue was HK$46,258,000, up from HK$35,439,000 in the same period of 2020, indicating a growth of about 30.5%[96]. Loss and Profitability - Loss attributable to owners of the Company for the six months ended 31 October 2021 was approximately HK$4.2 million, a significant reduction from a loss of approximately HK$71.9 million in 2020[11]. - Basic loss per share for the six months ended 31 October 2021 was approximately HK0.27 cents, compared to approximately HK4.56 cents for the same period in 2020[11]. - The loss for the period attributable to owners of the Company for the three months ended 31 October 2021 was HK$1,638,000, an improvement from a loss of HK$2,785,000 in the same period of 2020[98]. - The loss for the six months ended 31 October 2021 was HK$4,206,000, significantly reduced from HK$71,888,000 in the same period of 2020, reflecting a decrease of approximately 94.2%[98]. - The total comprehensive expenses for the six months ended 31 October 2021 were HK$4,206,000, down from HK$67,715,000 in the same period of 2020, indicating a reduction of about 93.8%[98]. Costs and Expenses - The Group's gross profit decreased by approximately HK$0.9 million from approximately HK$1.4 million to approximately HK$0.5 million, with the gross profit margin declining from approximately 4.0% to approximately 1.2%[24]. - Direct costs increased by approximately HK$11.7 million or approximately 34.4% from approximately HK$34.0 million to approximately HK$45.7 million, primarily due to the increase in slope works projects[26]. - Administrative expenses decreased by approximately HK$1.2 million or approximately 18.5% from approximately HK$6.5 million to approximately HK$5.3 million, mainly due to reduced staff costs and rental expenses[28]. - Total staff costs for the six months ended 31 October 2021 amounted to HK$3,027,000, a decrease from HK$3,425,000 in the same period of 2020, representing a reduction of approximately 11.6%[156]. Market Outlook - The Group anticipates that the Hong Kong construction market will remain challenging due to rising subcontracting costs and intense competition, which may pressure profit margins[17]. - The Hong Kong Government's ongoing major construction and infrastructure projects are expected to increase demand for slope works related to public safety[14]. - The Directors remain cautiously optimistic about the slope works industry in Hong Kong despite the challenging operating environment[16]. Financial Position - As of 31 October 2021, the Group's cash at banks and in hand amounted to approximately HK$31.1 million, an increase of approximately HK$5.9 million compared to HK$25.2 million as of 30 April 2021[39]. - The Group's gearing ratio was negative approximately 302.4% as of 31 October 2021, compared to negative approximately 286.5% as of 30 April 2021, indicating a deficit in equity[41]. - The Group had net current liabilities of approximately HK$16,550,000 and net liabilities of approximately HK$16,060,000 as of 31 October 2021[118]. - The company's current liabilities increased to HK$73,597,000 from HK$62,026,000, resulting in net current liabilities of HK$16,550,000, compared to HK$12,610,000 previously[101]. - The cash and bank balances increased to HK$31,104,000 from HK$25,183,000, reflecting improved liquidity[101]. Shareholder Information - As of October 31, 2021, United Financial Holdings Group Limited held 792,000,000 shares, representing approximately 50.21% of the company's shareholding[71]. - Mr. Zhang Yan was a beneficial owner of 158,000,000 shares, accounting for approximately 10.02% of the company's shareholding[71]. - The number of ordinary shares issued and fully paid remained at 1,577,200, with a carrying amount of HK$15,772,000 as of both 31 October 2021 and 30 April 2021[187]. Governance and Compliance - The Company complied with the applicable code provisions of the Corporate Governance Code, with a noted deviation regarding the separation of the roles of chairman and CEO[76]. - The Audit Committee reviewed the unaudited condensed consolidated results and confirmed compliance with applicable accounting standards and GEM Listing Rules[92]. - There were no significant contracts involving directors with material interests during the reporting period[64]. Other Information - The Group did not incur any cash outflow from investing activities during the reporting period[18]. - The company and its subsidiaries did not purchase, sell, or redeem any of the company's securities during the reporting period[74]. - There were no significant events that occurred after the reporting period[192].