Financial Performance - For the three months ended March 31, 2023, the group's unaudited revenue was approximately HKD 24.8 million, an increase of approximately 335.1% compared to HKD 5.7 million for the same period in 2022[4]. - The group reported an unaudited net profit of approximately HKD 0.6 million for the three months ended March 31, 2023, compared to a net loss of approximately HKD 14.2 million for the same period in 2022[4]. - The gross profit for the three months ended March 31, 2023, was HKD 7.9 million, compared to a gross loss of HKD 8.5 million for the same period in 2022[5]. - Operating profit for the three months ended March 31, 2023, was HKD 0.4 million, a significant improvement from an operating loss of HKD 15.3 million in the same period of the previous year[5]. - The total comprehensive income for the three months ended March 31, 2023, was HKD 0.9 million, compared to a total comprehensive loss of HKD 13.8 million for the same period in 2022[6]. - The basic and diluted earnings per share for the three months ended March 31, 2023, was HKD 0.15, compared to a loss per share of HKD 3.56 for the same period in 2022[5]. - The company reported a net profit attributable to owners of HKD 581,000 for the three months ended March 31, 2023, compared to a loss of HKD 14,235,000 in 2022[25]. - Basic earnings per share for the three months ended March 31, 2023, was HKD 0.15, a recovery from a loss of HKD 3.56 per share in the same period last year[25]. - Net profit for the reporting period was approximately HKD 0.6 million, an increase of approximately HKD 14.8 million compared to a net loss of approximately HKD 14.2 million for the three months ended March 31, 2022[36]. Revenue Breakdown - Revenue for the three months ended March 31, 2023, was HKD 24,827,000, a significant increase from HKD 5,661,000 for the same period in 2022, representing a growth of approximately 338%[14]. - Revenue from services in Hong Kong was HKD 10,018,000, up from HKD 3,608,000 in 2022, marking an increase of about 177%[16]. - Revenue from services in China reached HKD 14,659,000, compared to HKD 1,888,000 in 2022, reflecting a growth of approximately 776%[16]. - Revenue by geographical location for 2023 shows Hong Kong at HKD 10,018 thousand (40.3%), China at HKD 14,659 thousand (59.1%), and Macau at HKD 150 thousand (0.6%), compared to HKD 3,608 thousand (63.7%), HKD 1,888 thousand (33.4%), and HKD 165 thousand (2.9%) respectively in 2022[28]. Expenses and Costs - Total operating expenses for the three months ended March 31, 2023, amounted to HKD 24,311,000, an increase from HKD 21,028,000 in 2022[17]. - Service costs rose from approximately HKD 14.1 million for the three months ended March 31, 2022, to approximately HKD 17.0 million during the reporting period, an increase of approximately 20.6%[29]. - The group incurred financial expenses of HKD 1.65 million for the three months ended March 31, 2023, compared to HKD 1.04 million for the same period in 2022[5]. - The group's financial expenses net increased from approximately HKD 1.0 million for the three months ended March 31, 2022, to approximately HKD 1.2 million during the reporting period, an increase of approximately 22.3%[34]. - Employee costs totaled approximately HKD 13.3 million during the reporting period, compared to HKD 12.9 million for the three months ended March 31, 2022[43]. Dividends and Equity - The board of directors did not recommend the payment of any dividends for the three months ended March 31, 2023[4]. - The company did not recommend any dividend for the three months ended March 31, 2023, consistent with the previous year[22]. - The group had a total equity of HKD 72.2 million as of March 31, 2023, compared to HKD 115.4 million as of March 31, 2022[8]. - The group's capital structure as of March 31, 2023, included equity attributable to owners of approximately HKD 72.2 million, down from HKD 115.4 million as of December 31, 2022[37]. Corporate Governance and Management - The company has complied with the corporate governance code, with a noted deviation regarding the separation of the roles of Chairman and CEO[55][56]. - Mr. Huang Wenbo serves as both Chairman and CEO, which the board believes provides strong leadership for the company's operations[56]. - The company emphasizes maintaining high transparency levels to strengthen investor relations[57]. - The company has adopted a share option scheme to attract and retain top talent since December 1, 2017, with no options granted, exercised, canceled, or lapsed as of March 31, 2023[60]. - The audit committee, consisting of three independent non-executive directors, has reviewed the financial performance for the first quarter and found the unaudited condensed consolidated financial statements to be prepared in accordance with applicable accounting standards[61]. - As of March 31, 2023, the unaudited financial results for the three months have not been audited or reviewed by the company's auditors[62]. Business Operations - The company primarily provides audiovisual, lighting, and sound solutions services in Hong Kong, China, and Macau[10]. - The company conducted 190 events during the reporting period, compared to 75 events in the same period last year, indicating a recovery in public activities[26]. - The company expects financial performance to maintain pre-pandemic levels as public activities gradually return to normal[26]. - The group did not make any significant investments or acquisitions during the reporting period[38]. - There were no significant contingent liabilities as of March 31, 2023[40]. - No securities were purchased, sold, or redeemed by the company or its subsidiaries during the reporting period[50]. - The company has no other disclosures regarding interests or positions held by directors or senior management as of March 31, 2023[54].

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，概不對因本公告 全部或任何部份內容而產生或因倚賴該等內容而引致之任何損失承擔任何責 任。 AV PROMOTIONS HOLDINGS LIMITED AV策劃推廣（控股）有限公司 （於開曼群島註冊成立之有限公司） （股份代號：8419） 截 至 二 零 二 三 年 三 月 三 十 一 日 止 三 個 月 的 第 一 季 度 業 績 公 告 香港聯合交易所有限公司（「聯交所」）GEM的特點 GEM之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 交所上市之公司帶有較高投資風險。有意投資人士應了解投資於該等公司之 潛在風險，並應經過審慎周詳之考慮後方作出投資決定。 由於GEM上市之公司普遍為中小型公司，在GEM買賣之證券可能會較於聯交 所主板買賣之證券承受較大市場波動風險，同時無法保證在GEM買賣之證券 會有高流通量之市場。 AV策劃推廣（控股）有限公司（「本公司」）各董事（「董事」）對本公告共同及個別承 ...

Financial Performance - The company reported revenue of approximately HKD 94.4 million for the year ended December 31, 2022, a significant decrease of about HKD 72.2 million or 43.3% compared to the previous year[9]. - The gross loss for the reporting period was approximately HKD 17.6 million, compared to a gross profit of about HKD 25.9 million for the year ended December 31, 2021[9]. - The net loss increased from approximately HKD 9.7 million for the year ended December 31, 2021, to about HKD 53.5 million for the reporting period[9]. - The group's total revenue for the reporting period was approximately HKD 94.4 million, a significant decrease of about HKD 72.2 million or 43.3% compared to the previous year[14]. - The net loss increased from approximately HKD 9.7 million in the previous year to about HKD 53.5 million in the reporting period[14]. - The group reported a net loss of approximately HKD 53,529,000 for the year ended December 31, 2022[95]. - As of December 31, 2022, the group's current liabilities exceeded its current assets by HKD 17,426,000, indicating significant uncertainty regarding the group's ability to continue as a going concern[95]. Operational Impact - The COVID-19 pandemic significantly impacted operations, leading to a reduction in the number of events conducted during the reporting period[9]. - The number of events handled by the group decreased to 698 from 783 in the previous year, reflecting the impact of the pandemic on operations[18]. - Revenue from exhibitions accounted for approximately 54.2% of total revenue, down from 67.9% in the previous year[18]. - The group participated in approximately 700 events during the reporting period, a decrease from 780 events in the previous year[13]. Strategic Plans - The company plans to maintain a cautious approach and robust financial policies to improve financial performance and actively explore business opportunities[10]. - The company intends to explore potential business opportunities outside the live event industry, such as content distribution and production expertise, to expand revenue sources[10]. - The group will maintain a cautious approach and seek potential opportunities to expand revenue sources and enhance shareholder value[14]. Governance and Management - The company has a strong leadership team, with key executives having over 25 years of industry experience in audio-visual solutions and technology integration[50][51][56]. - The company has a diverse board with members holding various qualifications and extensive experience in finance and law, contributing to its strategic direction[54][56]. - The board believes that having the same individual serve as both Chairman and CEO is beneficial for the company's operations and management[68]. - The board is responsible for formulating the overall strategy and monitoring management performance, with management authorized to handle daily operations[70]. - The company has adopted the GEM Listing Rules regarding the conduct of securities transactions by directors, confirming compliance during the reporting period[69]. Employee and Workforce Management - The group employed 159 staff members as of December 31, 2022, down from 171 in the previous year, with total employee costs amounting to approximately HKD 52.5 million[47]. - The total number of employees at the end of the reporting period was 159, a decrease from 171 in the previous year, representing a reduction of approximately 7%[189]. - The employee turnover rate for the total workforce was 18.8%, slightly down from 19.7% in the previous year[189]. - The average training hours per employee decreased to 13.0 hours from 13.5 hours in the previous year[196]. - There were no recorded work-related injuries or fatalities during the reporting period, consistent with the previous two years[191]. Environmental, Social, and Governance (ESG) Initiatives - The report covers the group's performance in environmental, social, and governance (ESG) matters from January 1, 2022, to December 31, 2022[122]. - The group is committed to integrating sustainability into its operations, focusing on responsible and value-optimizing practices[124]. - The company aims to set strategic goals for the next three to five years, focusing on achieving sustainable development outcomes[142]. - The company is committed to reducing its carbon footprint and managing resources responsibly, despite its operations having minimal direct environmental impact[143]. - The company has established waste classification recycling bins in the office to enhance recycling awareness among employees[152]. Climate Change and Risk Management - The company is exploring opportunities to collaborate with partners to enhance climate change resilience and reduce carbon footprint[164]. - The company plans to establish a natural disaster emergency plan to address acute physical risks such as extreme weather events, which may increase operational costs and maintenance expenses[173]. - The company is actively monitoring environmental laws and regulations to avoid litigation risks associated with non-compliance with new rules[175]. - The company has increased capital investment and R&D spending to enhance low-carbon and energy-saving technologies[176]. Shareholder Relations - The company maintains a high level of transparency to strengthen investor relations, with annual and quarterly reports updating shareholders on business developments and financial performance[112]. - The company has adopted a share option scheme since December 1, 2017, aimed at attracting and retaining top talent, with no options granted, exercised, cancelled, or lapsed as of December 31, 2022[48]. - The board of directors did not recommend the payment of any final dividend for the reporting period, consistent with the previous year[49].

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的任何損失承擔任何責任。 AV PROMOTIONS HOLDINGS LIMITED AV策劃推廣（控股）有限公司 （於開曼群島註冊成立之有限公司） （股份代號：8419） 截 至 二 零 二 二 年 十 二 月 三 十 一 日 止 年 度 之 全 年 業 績 公 告 AV策劃推廣（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二零二二年十二月三十一日止年度之經審核綜合全年 業績。 本公告載列本公司截至二零二二年十二月三十一日止年度之年度報告（「年報」） 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」）有關全年業績初步公告隨附資料之相關規定。載有GEM上市規則所規 定資料的年報的印刷版本將按GEM上市規則規定的方式適時寄發予本公司股 東，並可於聯交所網站www.hkexnews.hk及本公司網站www.avpromotions.com閱覽。 ...

Financial Performance - For the nine months ended September 30, 2022, the group's unaudited revenue was approximately HKD 47.4 million, a decrease of about 52.9% compared to approximately HKD 100.6 million for the same period in 2021[3] - The unaudited loss attributable to the owners of the company for the nine months ended September 30, 2022, was approximately HKD 34.4 million, an increase of about 330.0% compared to approximately HKD 8.0 million for the same period in 2021[3] - The group's gross loss for the nine months ended September 30, 2022, was HKD 13.1 million, compared to a gross profit of HKD 23.9 million for the same period in 2021[4] - The total comprehensive loss for the nine months ended September 30, 2022, was HKD 40.2 million, compared to HKD 5.8 million for the same period in 2021[5] - Total revenue for the nine months ended September 30, 2022, was HKD 47,374,000, down 52.0% from HKD 100,585,000 for the same period in 2021[12] - For the nine months ended September 30, 2022, the company reported a net loss attributable to shareholders of approximately HKD 34.4 million, an increase of about HKD 26.4 million compared to a net loss of approximately HKD 8.0 million for the same period in 2021[34] Revenue Breakdown - Revenue from services for the three months ended September 30, 2022, was HKD 23,361,000, an increase of 10.0% compared to HKD 20,967,000 for the same period in 2021[12] - The company’s revenue from the Hong Kong market for the three months ended September 30, 2022, was HKD 15,525,000, a significant increase from HKD 7,806,000 in 2021[14] - Revenue from the China market for the three months ended September 30, 2022, was HKD 7,463,000, a decrease of 42.5% from HKD 12,897,000 in 2021[14] - Revenue from exhibitions accounted for approximately 45.0% of total revenue for the nine months ended September 30, 2022, down from 64.3% in the same period of 2021[21] Expenses and Costs - Employee benefit expenses for the nine months ended September 30, 2022, were HKD 35,992,000, a decrease of 17.7% from HKD 43,733,000 in 2021[15] - Service costs decreased by approximately 21.1% from about HKD 76.7 million for the nine months ended September 30, 2021, to about HKD 60.5 million for the same period in 2022[26] - Selling expenses decreased by approximately 67.7% from about HKD 3.1 million for the nine months ended September 30, 2021, to about HKD 1.0 million for the same period in 2022[29] Dividends and Equity - The board of directors does not recommend the payment of any dividend for the nine months ended September 30, 2022, consistent with the previous year[3] - The company did not recommend any dividend payment for the nine months ended September 30, 2022, consistent with the previous year[18] - The company's total equity attributable to owners as of September 30, 2022, was HKD 88.9 million, down from HKD 134.0 million at the beginning of the year[6] - The company's capital structure as of September 30, 2022, consisted of equity attributable to shareholders of approximately HKD 88.9 million, down from HKD 128.3 million as of December 31, 2021[35] Operational Insights - The number of events held by the company decreased from 472 in the nine months ended September 30, 2021, to 437 in the same period of 2022[21] - The company continues to operate in the audiovisual, lighting, and sound solution services sector primarily in Hong Kong, China, and Macau[7] - The company has not reported any new product or technology developments in the current financial period[3] - There is no mention of market expansion or acquisitions in the current financial report[3] - The company did not make any significant investments or acquisitions during the nine months ended September 30, 2022[36] Government Support and Financial Management - Government grants received for the nine months ended September 30, 2022, amounted to HKD 1,299,000, compared to HKD 552,000 for the same period in 2021[12] - Other income increased due to a one-time government subsidy received from the Hong Kong government during the nine months ended September 30, 2022[28] - The group maintains a robust liquidity position and closely monitors its cash flow to meet funding needs[40] Corporate Governance and Compliance - The company has complied with the corporate governance code, with the exception of a deviation regarding the roles of the Chairman and CEO[55] - The board confirmed compliance with the trading standards set out in the GEM Listing Rules regarding securities transactions[47] - The group has not entered into any significant contracts with its controlling shareholders during the reporting period[44] Future Outlook - Future outlook and performance guidance are expected to be discussed in subsequent reports[62] - The company is focused on expanding its market presence and exploring new strategies for growth[62] - The report highlights ongoing efforts in product development and technological advancements[62]

Financial Performance - For the six months ended June 30, 2022, the group's unaudited revenue was approximately HKD 24.0 million, a decrease of about 69.8% compared to approximately HKD 79.6 million for the same period in 2021[3]. - The unaudited loss attributable to the owners of the company for the six months ended June 30, 2022, was approximately HKD 25.0 million, compared to an unaudited profit of approximately HKD 0.5 million for the same period in 2021[3]. - The total comprehensive loss for the six months ended June 30, 2022, was approximately HKD 28.8 million, compared to a total comprehensive income of approximately HKD 2.8 million for the same period in 2021[5]. - For the six months ended June 30, 2022, the company reported a net loss of HKD 25,048,000 compared to a profit of HKD 519,000 in the same period of 2021[8]. - The company reported a net loss of approximately HKD 25.0 million for the six months ended June 30, 2022, compared to a net profit of approximately HKD 0.5 million for the same period in 2021, representing an increase in loss of approximately HKD 25.5 million[51]. Revenue Breakdown - Revenue from services for the six months ended June 30, 2022, was HKD 24,013,000, down 69.9% from HKD 79,618,000 in the same period of 2021[16]. - Revenue from the Hong Kong market for the six months ended June 30, 2022, was HKD 14,110,000, a decrease of 40.4% from HKD 23,594,000 in the same period of 2021[19]. - Revenue from the China market decreased to HKD 9,600,000 for the six months ended June 30, 2022, down 82.7% from HKD 55,443,000 in the same period of 2021[19]. - Revenue from exhibitions accounted for approximately 45.1% of total revenue for the six months ended June 30, 2022, down from 68.1% in the same period of 2021[40]. Assets and Liabilities - As of June 30, 2022, total assets amounted to approximately HKD 270.9 million, a decrease from approximately HKD 303.5 million as of December 31, 2021[6]. - The total equity attributable to the owners of the company as of June 30, 2022, was approximately HKD 100.4 million, down from approximately HKD 129.1 million as of December 31, 2021[6]. - The company's total liabilities as of June 30, 2022, were approximately HKD 170.6 million, slightly down from approximately HKD 174.3 million as of December 31, 2021[7]. - Trade receivables decreased to approximately HKD 46.6 million as of June 30, 2022, from approximately HKD 86.1 million as of December 31, 2021[6]. - Trade payables and notes payable increased to HKD 43.6 million as of June 30, 2022, from HKD 40.2 million as of December 31, 2021[33]. - Total borrowings decreased from HKD 99.96 million as of December 31, 2021, to HKD 96.54 million as of June 30, 2022[35]. Cash Flow and Expenses - Operating cash flow for the six months ended June 30, 2022, was HKD 15,098,000, an increase of 62% from HKD 9,253,000 in the same period of 2021[10]. - Employee benefit expenses decreased to HKD 10,699,000 for the three months ended June 30, 2022, down 26.5% from HKD 14,475,000 in 2021[22]. - Total service costs, selling expenses, and administrative expenses for the six months ended June 30, 2022, were HKD 52,024,000, down 30.5% from HKD 74,665,000 in 2021[21]. - Sales expenses decreased by approximately 62.5% from about HKD 1.6 million for the six months ended June 30, 2021, to about HKD 0.6 million for the same period in 2022, consistent with the decline in revenue[47]. - Administrative expenses slightly decreased by approximately 0.8% from about HKD 13.2 million for the six months ended June 30, 2021, to about HKD 13.1 million for the same period in 2022[48]. Corporate Governance and Shareholding - As of June 30, 2022, the company has 290,000,000 shares held by Mr. Huang Wenbo, representing a 72.5% ownership stake[69]. - Mega King, a wholly owned subsidiary of Jumbo Fame, also holds 290,000,000 shares, equating to a 72.5% ownership[71]. - The company has complied with the corporate governance code, except for a deviation regarding the roles of the Chairman and CEO, which are held by the same individual, Mr. Huang Wenbo[75]. - The company has not granted, exercised, canceled, or allowed any stock options under its stock option plan since its adoption in December 2017, and there are no unexercised options as of June 30, 2022[78]. - The audit committee, consisting of three independent non-executive directors, has reviewed the interim results for the six months ended June 30, 2022, and found the financial information to be prepared in accordance with applicable accounting standards[79]. Future Outlook - The company plans to explore business opportunities actively as the economies of Hong Kong, China, and Macau are expected to gradually recover[40]. - The company aims to minimize the impact of the pandemic and improve profitability for stakeholders in the future[40].

Financial Performance - For the three months ended March 31, 2022, the group's unaudited revenue was approximately HKD 5.7 million, a decrease of about 56.5% compared to HKD 13.1 million for the same period in 2021[3] - The group's unaudited net loss for the three months ended March 31, 2022, was approximately HKD 14.2 million, an increase of about 23.5% from HKD 11.5 million for the same period in 2021[3] - The gross loss for the three months ended March 31, 2022, was HKD 8.5 million, compared to a gross loss of HKD 5.3 million for the same period in 2021[5] - Operating loss for the three months ended March 31, 2022, was HKD 15.3 million, compared to HKD 12.0 million for the same period in 2021[5] - Total comprehensive loss for the three months ended March 31, 2022, was HKD 13.8 million, compared to HKD 12.1 million for the same period in 2021[7] - The net loss attributable to owners of the company for the three months ended March 31, 2022, was HKD 14.2 million, with a basic and diluted loss per share of HKD 3.56[5] - Revenue for the three months ended March 31, 2022, was HKD 5,661,000, a decrease of 56.8% compared to HKD 13,115,000 for the same period in 2021[14] - The net loss attributable to owners for the three months ended March 31, 2022, was HKD 14,235,000, compared to a net loss of HKD 11,516,000 in 2021[24] - Basic loss per share for the three months ended March 31, 2022, was HKD 3.56, compared to HKD 2.88 in 2021[24] Revenue Breakdown - Revenue from Hong Kong for the three months ended March 31, 2022, was HKD 3,608,000, down 54.3% from HKD 7,882,000 in 2021[16] - Revenue from China for the same period was HKD 1,888,000, a decline of 64.1% compared to HKD 5,233,000 in 2021[16] - Revenue breakdown by region for 2022 shows Hong Kong at HKD 3,608 thousand (63.7%), China at HKD 1,888 thousand (33.4%), and Macau at HKD 165 thousand (2.9%) compared to 2021 figures[28] - Revenue from exhibitions accounted for approximately 31.3% of total revenue for the three months ended March 31, 2022, compared to 27.4% in 2021[25] Expenses and Costs - Total expenses for the three months ended March 31, 2022, were HKD 21,028,000, a decrease of 16.9% from HKD 25,284,000 in 2021[18] - Service costs decreased by approximately 23.4% from HKD 18.4 million to about HKD 14.1 million, consistent with the revenue decline[29] - Selling expenses decreased by about 20.0% from HKD 0.5 million to approximately HKD 0.4 million due to reduced employee costs in the sales and marketing department[31] - Administrative expenses slightly increased by approximately 3.2% from HKD 6.3 million to about HKD 6.5 million, mainly due to higher administrative employee costs[32] Corporate Governance and Compliance - The company has complied with the corporate governance code as per GEM Listing Rules, with one exception noted[58] - The board of directors confirmed full compliance with the trading standards set out in the code of conduct during the reporting period[50] - The audit committee, consisting of three independent non-executive directors, reviewed the financial performance for the first quarter and found the unaudited condensed consolidated financial statements to be prepared in accordance with applicable accounting standards[64] - As of March 31, 2022, the unaudited financial results for the three months ended have not been audited or reviewed by the company's auditors[65] Shareholder Information - As of March 31, 2022, the founder Mr. Huang Wenbo holds 290,000,000 shares, representing 72.5% of the company's equity[53] - Mr. Huang Zhibo, as the spouse of a major shareholder, holds 2,700,000 shares, accounting for 0.68% of the company's equity[53] - Mega King, a controlled corporation, holds 290,000,000 shares, which is 72.5% of the company's equity[55] - The company has not redeemed, purchased, or sold any of its securities during the reporting period[51] - No other individuals have reported holdings or interests in the company's shares as of March 31, 2022[57] - There are no reported interests or holdings by other major shareholders outside of those disclosed[57] Future Outlook - The group anticipates a gradual recovery in the economy of Hong Kong, China, and Macau, and aims to minimize the impact of the pandemic[25] - The company has not disclosed any new strategies or market expansions in the current report[58] Employee Information - The total employee cost for the reporting period was approximately HKD 12.9 million, down from HKD 14.4 million in the previous period, with a total of 166 employees as of March 31, 2022[44] Leadership - The chairman and CEO roles are held by Mr. Wong Man Po, who has been managing the group's business since its inception, providing strong leadership[59] Dividend Information - The board does not recommend the payment of any dividend for the three months ended March 31, 2022[4] - The board did not recommend any dividend for the three months ended March 31, 2022[21] Events and Activities - The group conducted 75 events during the reporting period, down from 89 events in the same period last year[25] Financial Income - The company reported a financial income of HKD 0.076 million for the three months ended March 31, 2022, compared to HKD 0.047 million for the same period in 2021[5] Capital Structure - The company's total equity as of March 31, 2022, was HKD 115.4 million, down from HKD 129.1 million as of January 1, 2022[8] - The group's capital structure as of March 31, 2022, included equity attributable to owners of approximately HKD 115.4 million, down from HKD 129.1 million as of December 31, 2021[37] Share Option Scheme - The company adopted a share option scheme on December 1, 2017, aimed at attracting and retaining top talent, with no options granted, exercised, canceled, or lapsed as of March 31, 2022[63]

Financial Performance - The company reported revenue of approximately HKD 166.6 million for the year ended December 31, 2021, an increase of about HKD 43.3 million or 35.1% compared to the previous year[9]. - Gross profit decreased to approximately HKD 25.9 million, a decline of about HKD 13.4 million or 34.1% from the previous year[9]. - The company recorded a net loss of approximately HKD 9.7 million for the year ended December 31, 2021, compared to a net profit of approximately HKD 7.1 million in the previous year[9]. - Total revenue for the fiscal year ending December 31, 2021, was approximately HKD 166.6 million, an increase of about HKD 43.3 million or 35.1% from HKD 123.3 million in the previous year[17]. - Revenue from exhibitions accounted for approximately 67.9% of total revenue in the fiscal year ending December 31, 2021, slightly down from 68.5% in the previous year[17]. - The majority of revenue, approximately HKD 98.9 million or 59.4%, was generated from China, while Hong Kong contributed HKD 66.2 million or 39.7%[19]. - Service costs increased to HKD 140.7 million in the fiscal year ending December 31, 2021, from HKD 84.0 million in the previous year, primarily due to rising equipment rental costs, employee benefits, and consumables[20]. - Gross profit for the fiscal year ending December 31, 2021, was approximately HKD 25.9 million, with a gross margin of about 15.6%, down from HKD 39.3 million and 31.9% in the previous year[25]. Impact of COVID-19 - The ongoing COVID-19 pandemic has had a significant negative impact on operations, particularly in Hong Kong, China, and Macau[10]. - The management team will continue to take necessary measures to minimize the impact of the pandemic on operations[10]. - The pandemic continues to pose risks and uncertainties that may affect the company's financial condition and operational performance[15]. - The company participated in approximately 780 events in the fiscal year ending December 31, 2021, compared to about 400 events in the previous year, reflecting a significant recovery from the pandemic impact[13]. Business Strategy and Opportunities - The company plans to explore potential business opportunities outside the live event industry, such as content distribution and production expertise, to expand revenue sources[10]. - The board aims to maintain cost control and enhance competitive advantages by carefully evaluating each project to improve returns[10]. - The company will actively seek potential business opportunities to expand revenue sources and enhance shareholder value[14]. - The board is committed to expanding the company's geographical coverage to enhance shareholder value[10]. Governance and Management - The company has a management team with extensive experience in the audio-visual solutions industry, with over 30 years of industry knowledge collectively among the executive directors[46][47][48]. - The independent non-executive director, Dr. Leung, has over 30 years of experience in financial reporting and management, enhancing the company's governance and financial oversight[50]. - The board consists of executive directors, including Mr. Wong Man Po as Chairman and CEO, and Mr. Wong Han Po, with Mr. Fu Bin Bin resigning on September 30, 2021[69]. - The company emphasizes the importance of transparency and accountability in maintaining good corporate governance practices[61]. - The company has been compliant with the corporate governance code, with a noted deviation regarding the separation of the roles of Chairman and CEO[62]. - The board is responsible for the group's risk management and internal control systems, ensuring that appropriate and effective measures are in place[112]. Sustainability and Environmental Responsibility - The company emphasizes the integration of sustainability into business operations to enhance long-term competitiveness[118]. - The company has implemented policies to manage and monitor risks related to environment, employment, operations, and community[118]. - The company is committed to achieving net-zero carbon emissions through comprehensive energy-saving policies and the introduction of renewable energy[159]. - The company aims to reduce air pollutant emissions by 5% by 2025[142]. - The company aims to reduce greenhouse gas emissions by 5% by 2025[143]. - The company aims to reduce total energy consumption by 5% by 2025[150]. - The company aims to reduce water consumption by 5% before 2025 as part of its sustainability goals[152]. Employee and Labor Practices - The total number of employees at the end of the reporting period was 171, down from 186 in the previous year[182]. - Employee turnover rate for males was 18.6%, an increase from 15.2% in the previous year, while for females it rose to 23.4% from 7.3%[182]. - The company is committed to providing a safe and equal working environment for all employees[175]. - The group recorded zero work-related injuries during the reporting period, consistent with the previous two years (2020: none; 2019: none)[184]. - All employees received safety training, achieving a 100% training rate across all categories, including management and general staff[188]. Stakeholder Engagement - Stakeholder engagement is crucial for the company's success, with a focus on effective communication and maintaining good relationships[119]. - The company has established various communication channels to engage with stakeholders effectively[120][122]. - The report aims to provide insights into the company's commitment to corporate social responsibility and sustainable development[118].

香港聯合交易所有限公司（「聯交所」）GEM的特點 GEM乃為較於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 解投資於該等公司的潛在風險，並應經過審慎周詳考慮後方作出投資決定。 由於GEM上市公司一般為中小型公司，在GEM買賣的證券可能會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。 香港交易及結算所有限公司及聯交所對本報告之內容概不負責，對其準確性或完整性亦不發表任何聲明， 並明確表示概不就因本報告全部或任何部份內容而產生或因依賴該等內容而引致之任何損失承擔任何責 任。 AV策劃推廣（控股）有限公司（「本公司」）各董事（「董事」）對本報告共同及個別承擔全部責任。本報告載有 遵照聯交所GEM證券上市規則（「GEM上市規則」）之規定，向公眾人士提供有關本公司及其附屬公司（統稱 「本集團」或「我們」）之資料。董事在作出一切合理查詢後確認，就彼等所知及所信，本報告所載資料在所 有重大事項均屬正確及完整且並無誤導或欺詐成分，且並無遺漏其他事實，致使本報告或當中產生誤導。 二零二一年第三季度報告 1 目錄 未經審核簡明綜合收益表 ...

香港聯合交易所有限公司（「聯交所」）GEM的特點 GEM乃為較於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 解投資於該等公司的潛在風險，並應經過審慎周詳考慮後方作出投資決定。 由於GEM上市公司一般為中小型公司，在GEM買賣的證券可能會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。 香港交易及結算所有限公司及聯交所對本報告之內容概不負責，對其準確性或完整性亦不發表任何聲明， 並明確表示概不就因本報告全部或任何部份內容而產生或因依賴該等內容而引致之任何損失承擔任何責 任。 AV策劃推廣（控股）有限公司（「本公司」）各董事（「董事」）對本報告共同及個別承擔全部責任。本報告載有 遵照聯交所GEM證券上市規則（「GEM上市規則」）之規定，向公眾人士提供有關本公司及其附屬公司（統稱 「本集團」或「我們」）之資料。董事在作出一切合理查詢後確認，就彼等所知及所信，本報告所載資料在所 有重大事項均屬正確及完整且並無誤導或欺詐成分，且並無遺漏其他事實，致使本報告或當中產生誤導。 二零二一年中期報告 1 目錄 | 財務摘要 | 2 | | ...