Financial Performance - For the year ended December 31, 2024, the company's revenue was approximately HKD 186.9 million, a decrease of about 13.3% compared to HKD 215.6 million in 2023[18]. - The gross profit for the year was approximately HKD 59.6 million, down about 21.0% from HKD 75.4 million in the previous year, resulting in a gross margin decrease from 35.0% to 31.8%[18][22]. - Net profit attributable to equity holders was approximately HKD 6.5 million, a decrease of about 55.8% compared to HKD 14.7 million in 2023[23]. - Revenue from beauty products accounted for 82.2% of total revenue in 2024, down from 85.3% in 2023, while revenue from cosmetic bags increased to 17.8% from 14.7%[20]. - The company does not recommend a final dividend for the year, indicating no payout to shareholders[71]. - The company's distributable reserves amount to HKD 124.0 million as of December 31, 2024, unchanged from December 31, 2023[78]. Market Expansion and Strategy - The sales in the UK market increased from 22.9% in 2023 to 45.1% in 2024, highlighting significant market expansion efforts[12]. - The company is exploring growth and diversification opportunities, particularly in the European market, recognizing its potential for expansion and profitability[12]. - The company plans to focus on creating innovative products and expanding its business into new regions, particularly the European market[19]. - The company has expanded its business by providing a "one-stop service" to customers, leveraging its experience in packaging products, including seasonal and promotional beauty product gift sets[40]. - The company is focused on enhancing its overseas customer base and operational efficiency across various business segments, including sales, marketing, and product development[40]. Operational Efficiency and Cost Management - The company has implemented robust cost control measures and comprehensive risk management strategies to enhance operational efficiency[12]. - The company's administrative expenses decreased by approximately 5.9% to about HKD 45.9 million from HKD 48.8 million in the previous year[24]. - Sales and distribution expenses decreased by approximately 14.1% to about HKD 14.6 million from HKD 17.0 million in 2023, primarily due to reduced shipping and freight costs[25]. - Labor shortages and rising labor costs in China could impact the company's operational efficiency and expansion plans[68]. - The company has implemented strict supplier selection systems to ensure material quality and consistency in product quality[64]. Corporate Governance and Board Structure - The company has a strong board with members who have extensive backgrounds in finance and corporate governance, including Mr. Xu Xialin, who has over 20 years of experience in design, marketing, licensing, and brand promotion[52]. - The board consists of six directors, including three executive directors and three independent non-executive directors, with no changes in composition during the year[126]. - The company has maintained compliance with GEM listing rules by appointing at least three independent non-executive directors, with at least one possessing appropriate professional qualifications in accounting or related financial management skills[129]. - The company has established a mechanism for assessing the independence of the board, which is reviewed at least annually, and has confirmed its effective implementation as of December 31, 2024[138]. - The company has insurance in place to indemnify directors and senior management against losses and liabilities incurred in the performance of their duties[138]. Risk Management - The group faces significant risks due to the uncertain U.S.-China trade relations, which may adversely affect sales demand and overall business performance[67]. - The company emphasized the importance of risk management and internal control effectiveness, reviewing related systems and procedures[146]. - The audit committee engaged Amba Partners Corporate Services Limited to review the adequacy and effectiveness of the group's risk management and internal control systems for the year ending December 31, 2024, with no significant discrepancies identified[170]. - The company has implemented various policies to manage and monitor environmental and social-related operational risks[191]. Shareholder Engagement and Communication - The company has established a communication policy to enhance engagement with shareholders and stakeholders, which is reviewed annually by the board[183]. - The company’s website serves as a channel for shareholders and potential investors to access corporate information and updates[183]. - The company will continue to ensure effective communication and maintain good relationships with key stakeholders[200]. Social Responsibility and Community Engagement - The company has been involved in various educational initiatives, including scholarships and awards, reflecting its commitment to social responsibility and community development[48]. - The company made charitable donations of approximately HKD 3,000 during the year, down from HKD 16,000 in the previous year[79]. - The company is committed to sustainable development strategies that incorporate environmental and social factors into management considerations[191].

Financial Performance - For the six months ended June 30, 2024, the group's revenue was approximately HKD 77.1 million, an increase of about 10.4% compared to the previous period[6] - The group's gross profit for the same period was approximately HKD 27.8 million, reflecting a 13.4% increase from the previous period[6] - The gross profit margin improved from approximately 35.1% in the previous period to about 36.0% in the current period[6] - The profit attributable to equity holders for the current period was approximately HKD 5.2 million, an increase of about HKD 3.2 million compared to the previous period[6] - Earnings per share for the current period were approximately HKD 1.31, compared to HKD 0.52 in the previous period[6] - Revenue for the six months ended June 30, 2024, was HKD 77,080,000, an increase of 10.3% from HKD 69,801,000 in the same period of 2023[7] - Gross profit for the same period was HKD 27,755,000, up from HKD 24,482,000, reflecting a gross margin improvement[7] - Operating profit increased significantly to HKD 4,334,000 compared to HKD 1,310,000 in the prior year, indicating a strong operational performance[7] - Profit attributable to owners of the company for the period was HKD 5,225,000, a substantial increase from HKD 2,061,000 in the previous year[8] - Basic and diluted earnings per share rose to HKD 1.31 from HKD 0.52, demonstrating improved profitability[8] - The group's revenue for the six months ended June 30, 2024, was HKD 77,081 thousand, an increase of 10.3% compared to HKD 69,801 thousand for the same period in 2023[20] - Revenue from beauty products was HKD 56,876 thousand, up from HKD 49,207 thousand, representing a growth of 15.4% year-on-year[21] - The net profit for the period was HKD 5,225 thousand, compared to HKD 2,061 thousand in the same period last year, indicating a significant increase[21] Financial Position - Total assets as of June 30, 2024, were HKD 278,600,000, slightly down from HKD 279,774,000 at the end of 2023[9] - Total liabilities decreased to HKD 38,362,000 from HKD 42,849,000, indicating improved financial stability[10] - Cash and cash equivalents at the end of the period increased to HKD 170,383,000 from HKD 149,390,000, reflecting better liquidity management[14] - The company reported a net cash outflow from operating activities of HKD 23,152,000, an improvement from HKD 30,713,000 in the previous year[14] - Trade receivables increased significantly to HKD 37,295,000 as of June 30, 2024, compared to HKD 26,953,000 at the end of 2023, marking a 38.5% increase[37] - Trade payables increased to HKD 15,139,000 as of June 30, 2024, compared to HKD 6,374,000 at the end of 2023, reflecting a 137% increase[39] - The group maintained a current ratio of approximately 7.6 times as of June 30, 2024, compared to 6.5 times at the end of 2023[49] Revenue Streams - Revenue from cosmetic bags was HKD 20,205 thousand, a slight decrease of 1.9% from HKD 20,594 thousand in the previous year[20] - Other income for the period was HKD 660,000, significantly higher than HKD 25,000 in the same period last year, indicating diversification in revenue streams[7] - Revenue from the UK increased to HKD 40,474,000 in the first half of 2024, up 48% from HKD 27,388,000 in the same period of 2023[27] - Total revenue for the first half of 2024 was HKD 77,081,000, representing a 10% increase from HKD 69,801,000 in the first half of 2023[27] Expenses and Costs - Administrative expenses slightly decreased to approximately HKD 17.1 million from about HKD 17.4 million in the previous period[50] - Sales and distribution expenses increased by approximately 58.0% to about HKD 4.6 million from approximately HKD 2.7 million[51] - The company reported a decrease in depreciation of property, plant, and equipment to HKD 554,000 from HKD 698,000, a reduction of 20.7%[30] Corporate Governance and Shareholder Information - The board of directors did not recommend the payment of any interim dividend for the current period, consistent with the previous period[6] - Major shareholders, Classic Charm Investments Limited, holds 300,000,000 shares, representing 75.00% of the issued voting shares[77] - The beneficial ownership of the 300,000,000 shares by Classic Charm Investments Limited is distributed among Mr. Ko, Ms. Zhu, and Ms. Chan, with respective ownerships of 50.8%, 39.7%, and 9.5%[77] - The company has complied with all provisions of the corporate governance code as per GEM Listing Rules Appendix C1, except for the absence of independent non-executive directors at the annual general meeting held on May 10, 2024[82] - The chairman of the board was unable to attend the annual general meeting due to prior commitments, which is a deviation from the corporate governance code[83] Risks and Challenges - The company faces significant risks due to external factors such as the ongoing pandemic, which has negatively impacted business operations and customer performance[66] - The majority of the company's products are manufactured in China and exported to the U.S., making it vulnerable to potential tariffs and geopolitical tensions[66] - Labor shortages and rising labor costs in China pose a risk to the company's operational efficiency and expansion plans[67] Employee Information - As of June 30, 2024, the group employed 166 full-time employees in Hong Kong and China, an increase from 163 employees as of December 31, 2023[64] - Total employee costs for the period amounted to approximately HKD 14.2 million, up from HKD 12.5 million in the previous period, primarily due to salary increases[64] Stock Options and Share Issuance - The company has a stock option plan approved in 2017, allowing it to grant options to eligible individuals, with a total of 40 million shares available for issuance under this plan, representing about 10% of the issued share capital[68] - The total number of shares that can be issued under the stock option plan cannot exceed 1% of the issued share capital in any twelve-month period without shareholder approval[69] - As of June 30, 2024, there are no outstanding, granted, canceled, exercised, or expired stock options[72] - The stock option plan is valid for 10 years from the adoption date, expiring on September 28, 2027[72] - The exercise price of stock options will not be less than the highest of the closing price on the offer date or the average closing price over the five trading days preceding the offer date[72] - The stock options can be exercised at any time within a period not exceeding 10 years from the grant date, subject to the terms and conditions of the stock option plan[72]

Financial Performance - Revenue for the year ended December 31, 2023, was HKD 215.591 million, representing a 3.0% increase from HKD 209.300 million in 2022[14] - Gross profit increased to HKD 75.405 million, up 6.9% from HKD 70.567 million, with a gross margin of 35.0%, compared to 33.7% in the previous year[14] - Net profit surged to HKD 14.658 million, a significant increase of 1,354.2% from HKD 1.008 million in 2022[14] - Earnings per share rose to HKD 3.7, reflecting a 1,133.3% increase from HKD 0.3 in the prior year[14] - The group's revenue for the year ended December 31, 2023, was approximately HKD 215.6 million, an increase of about 3.0% compared to the previous year[18] - Gross profit for the same period was approximately HKD 75.4 million, up by about 6.9%, with a gross margin increase from approximately 33.7% to about 35.0%[18] - Profit attributable to equity holders was approximately HKD 14.7 million, a significant increase of about 1,354.2% year-on-year, mainly due to a shift towards higher-margin products and reduced sales costs[18] - Administrative expenses rose to approximately HKD 48.8 million, an increase of about 21.2% from approximately HKD 40.2 million, primarily due to increased bonuses paid to employees[21] - Sales and distribution expenses decreased to approximately HKD 17.0 million, down by about 14.6% from approximately HKD 19.9 million, mainly due to reduced shipping and freight costs[22] Market Expansion and Strategy - The company is focusing on expanding into the European market, recognizing its potential for growth and profitability[15] - The company is actively seeking to penetrate the domestic market in China, capitalizing on its large consumer base and growing demand[8] - The company is expanding its market presence in Southeast Asia, targeting a 30% market share by 2025[50] - Strategic partnerships and collaborations have been established to explore new growth avenues and potential synergies[9] Innovation and Product Development - There is an emphasis on developing innovative products and leveraging intellectual property licensing opportunities[15] - New product launches included a cutting-edge software platform expected to generate an additional $200 million in revenue[50] - Research and development expenses increased by 20%, totaling $100 million, to support innovation initiatives[50] Financial Position and Cash Management - As of December 31, 2023, the group had cash and cash equivalents of approximately HKD 187.0 million, an increase from approximately HKD 180.5 million in the previous year[19] - The current ratio as of December 31, 2023, was approximately 6.5 times, slightly down from about 6.9 times in the previous year[19] - The group had no outstanding borrowings or other debts as of December 31, 2023, indicating a strong financial position[19] Corporate Governance and Compliance - The company has complied with the GEM Corporate Governance Code, except for the absence of two independent non-executive directors at the annual general meeting held on May 12, 2023[135] - The company has established written guidelines and policies to regulate the selection of new suppliers and monitor the performance of existing suppliers[72] - The company has allocated sufficient resources and training to ensure compliance with applicable laws and regulations, with no significant non-compliance issues reported during the year[68] - The company has implemented a risk management and internal control system, which is reviewed annually for effectiveness[188] Shareholder Information and Dividends - The company did not recommend a final dividend for the year, consistent with the previous year where no dividend was paid[80] - The company reported a distributable reserve of HKD 141.0 million as of December 31, 2023, unchanged from the previous year[87] - The company maintains a public float of at least 25% of its issued shares as required by GEM listing rules[128] Employee and Labor Relations - The total employee cost for the year was approximately HKD 37.3 million, an increase from approximately HKD 28.6 million in the previous year, reflecting higher bonuses due to challenging market conditions[34] - The company values its employees as its most valuable asset and strives to create a positive work environment with competitive compensation and performance evaluation systems[73] Risk Factors - The company faced significant risks from external factors, including the uncertainty of US-China trade relations and potential tariffs[75] - Labor shortages and rising labor costs in China could adversely affect the company's operations and expansion plans[77] Environmental and Social Responsibility - The company made charitable donations of approximately HKD 16,000 during the year, an increase from HKD 5,000 in the previous year[88] - The company’s board report includes discussions on environmental policies and performance, which are detailed in the annual report[67]

Business Focus and Market Strategy - The company reported a focus on personal care and beauty business, targeting the changing preferences of Generation Z and millennials [10]. - The company identified the European market as a key area for expansion and profitability, recognizing its potential [10]. - The company is actively seeking opportunities in intellectual property (IP) licensing, acknowledging its value and potential revenue sources [10]. - The company is increasing efforts to penetrate the domestic market in the People's Republic of China, leveraging its large consumer base and growing demand [10]. - The group plans to focus on innovative product development and expanding its business into new regions, particularly the European market [17]. Financial Performance - The group's revenue for the year ended December 31, 2023, was approximately HKD 215.6 million, an increase of about 3.0% compared to the previous year [20]. - Gross profit for the same period was approximately HKD 75.4 million, reflecting a 6.9% increase year-on-year, with a gross margin improvement from 33.7% to 35.0% [20]. - Net profit attributable to equity holders was approximately HKD 14.7 million, a significant increase of about 1,354.2% compared to the previous year, driven by a shift towards higher-margin products and reduced sales costs [20]. - Revenue from beauty products accounted for 85.3% of total revenue, amounting to HKD 183.9 million, while cosmetic bags contributed 14.7% with HKD 31.6 million [18]. - The group maintained a strong cash position with cash and cash equivalents of approximately HKD 187.0 million as of December 31, 2023, up from HKD 180.5 million in the previous year [21]. Cost Management and Operational Efficiency - The company has implemented robust cost control measures and adopted comprehensive risk management strategies to enhance operational efficiency [11]. - Administrative expenses increased by approximately 21.2% to about HKD 48.8 million, primarily due to increased bonuses paid to employees to maintain revenue targets [23]. - Sales and distribution expenses decreased by approximately 14.6% to about HKD 17.0 million, attributed to reduced shipping and freight costs [24]. - The group has no outstanding borrowings or other debts, maintaining a healthy financial position with a current ratio of approximately 6.5 times [21]. Governance and Board Structure - The company has established a strong governance framework with independent committees overseeing audit and remuneration [56]. - The board consists of six directors, including three executive directors and three independent non-executive directors, maintaining a balance for effective leadership and decision-making [143]. - The company has maintained compliance with the GEM listing rules regarding the appointment of independent non-executive directors throughout the year [147]. - The company has established three board committees: audit committee, remuneration committee, and nomination committee, each with defined responsibilities [162]. Risk Management - The company faced significant risks from external factors, including the uncertainty of US-China trade relations and potential tariffs [77]. - Labor shortages and rising labor costs in China could adversely affect the company's operations and expansion plans [79]. - The company emphasizes the importance of effective risk management and internal control systems, which are reviewed annually for effectiveness [190]. - The audit committee engaged Amba Partners Corporate Services Limited to assess the adequacy and effectiveness of the group's risk management and internal control procedures [191]. Employee and Community Engagement - The company values its employees as its most valuable asset and strives to create a positive work environment with competitive compensation and performance evaluation systems [75]. - The company made charitable donations of approximately HKD 16,000 during the year, an increase from HKD 5,000 in the previous year [90]. - The company is committed to public service and community engagement through various initiatives led by its board members [54]. Shareholder Relations and Dividends - The company expressed gratitude for the unwavering support and trust from shareholders, management team, and employees [11]. - The company did not recommend a final dividend for the year, consistent with the previous year where no dividend was paid [82]. - The company is focused on sustainable profit growth and will consider dividend payments based on business development needs and financial stability [76]. Compliance and Regulatory Matters - The company has allocated sufficient resources and training to ensure compliance with applicable laws and regulations, with no significant non-compliance issues reported during the year [70]. - The company has implemented a disclosure policy to ensure compliance with listing rules and securities regulations regarding insider information [196]. - Related party transactions conducted during the year were in compliance with GEM listing rules and were considered minor transactions [112].

Financial Performance - For the nine months ended September 30, 2023, the group's revenue was approximately HKD 184.9 million, an increase of about 3.6% compared to the same period in 2022[8]. - The gross profit for the same period was approximately HKD 67.5 million, representing an increase of about 13.9% from the previous period[9]. - The gross profit margin improved from approximately 33.2% in the previous period to approximately 36.5% in the current period[10]. - Profit attributable to equity holders for the nine months was approximately HKD 25.8 million, an increase of about 44.0% compared to the previous period[11]. - Earnings per share for the current period was approximately HKD 6.44, compared to HKD 4.47 in the previous period[12]. - Operating profit for the nine months was approximately HKD 27.4 million, an increase from HKD 20.7 million in the previous period[15]. - Financing income for the nine months was approximately HKD 3.8 million, significantly higher than HKD 0.8 million in the previous period[15]. - The total comprehensive income for the nine months was approximately HKD 22.2 million, compared to HKD 14.5 million in the previous period[16]. - The net profit for the nine months ended September 30, 2023, was HKD 25,772,000, an increase from HKD 17,899,000 in the same period of 2022, representing a growth of 43.9%[18]. Revenue Breakdown - Revenue from beauty products for the nine months ended September 30, 2023, was HKD 156,852,000, an increase of 6.0% compared to HKD 147,989,000 in the same period of 2022[27]. - Revenue from cosmetic bags for the nine months ended September 30, 2023, decreased to HKD 28,030,000, down 8.2% from HKD 30,448,000 in the same period of 2022[27]. - The total revenue for the nine months ended September 30, 2023, was HKD 184,882,000, compared to HKD 178,437,000 for the same period in 2022, reflecting a growth of 3.0%[27]. Equity and Dividends - For the nine months ended September 30, 2023, the total equity attributable to owners increased to HKD 246,876,000, up from HKD 229,886,000 for the same period in 2022, representing a growth of 7.4%[18]. - The board did not recommend any interim dividend for the current period, consistent with the previous period[13]. - The board did not recommend the payment of an interim dividend for the nine months ended September 30, 2023, consistent with the previous period[34]. Cash and Liabilities - The group maintained a current ratio of approximately 5.4 times as of September 30, 2023, down from approximately 6.9 times at the end of the previous year[45]. - The group had cash and cash equivalents of approximately HKD 141.1 million as of September 30, 2023, a decrease from approximately HKD 180.5 million at the end of the previous year[45]. - The group has no significant contingent liabilities or capital commitments as of September 30, 2023[50]. Corporate Governance and Compliance - The audit committee, consisting of three independent non-executive directors, reviewed the unaudited financial data for the third quarter ending September 30, 2023[92]. - The company has complied with the corporate governance code as per GEM listing rules, except for the absence of two independent non-executive directors at the annual general meeting[87]. - The company has established a code of conduct for securities trading, which aligns with GEM listing rules[89]. Shareholding and Stock Options - As of September 30, 2023, the company has 300,000,000 shares held by Classic Charm Investments Limited, representing 75% of the issued shares[74]. - As of September 30, 2023, Classic Charm Investments Limited holds 300,000,000 shares, representing 75.00% of the voting shares of the company[78]. - The beneficial ownership of Classic Charm Investments Limited is divided among Mr. Ko (50.8%), Ms. Zhu (39.7%), and Ms. Chan (9.5%)[80]. - The stock option plan was approved on September 29, 2017, and became unconditional on October 27, 2017, aiming to attract and reward eligible individuals[64]. - The total number of shares that may be issued under the stock option plan is capped at 10% of the total issued shares as of the plan's effective date, which is 40,000,000 shares based on 400,000,000 issued shares[66]. - The stock options granted to eligible individuals cannot exceed 1% of the company's issued share capital within any 12-month period[66]. - The stock option plan is valid for 10 years from the adoption date, expiring on September 28, 2027[70]. - The exercise price of the stock options will not be less than the highest of the closing price on the offer date or the average closing price over the five trading days preceding the offer date[71]. Market Strategy and Operations - The group continues to explore innovative strategies and plans to maintain good relationships with long-term customers despite challenging market conditions[38]. - The group is focused on assessing changing market preferences and evaluating different sales and marketing strategies to meet customer demands[39]. - The group did not engage in any significant acquisitions or disposals of subsidiaries, associates, or joint ventures during the period[60]. - The company did not enter into any acquisition agreements during the period that require disclosure under GEM listing rules[61]. - No significant changes in shareholding or conflicts of interest were reported for the nine months ending September 30, 2023[84]. - The company did not repurchase any shares during the nine months ending September 30, 2023[91]. - No major events affecting the business or financial performance were noted after the reporting period ending September 30, 2023[96]. - The company amended its articles of association through a special resolution passed on May 12, 2023[95].

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的任何損失承擔任何責 任。 Takbo Group Holdings Limited 德 寶 集 團 控 股 有 限 公 司 （於開曼群島註冊成立的有限公司） （股份代號：8436） 截 至 二 零 二 三 年 九 月 三 十 日 止 九 個 月 的 第 三 季 度 業 績 公 告 德寶集團控股有限公司（「本公司」）董事（「董事」）會（「董事會」）欣然宣佈本公司 及其附屬公司（統稱「本集團」）截至二零二三年九月三十日止九個月的未經審 核綜合業績。本公告載列本集團二零二三年第三季度業績報告全文，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」）有關第三季度業 績初步公告隨附資料的相關規定。本公司二零二三年第三季度業績報告的印 刷版本載有GEM上市規則規定的資料，並將適時寄發予股東。 本公司的二零二三年第三季度業績公告刊登於香港聯合交易所有限公司網站 http://www.hkexnews.hk及本公司網站www ...

Financial Performance - For the six months ended June 30, 2023, the group's revenue was approximately HKD 69.8 million, an increase of about 6.7% compared to the previous period[10]. - The gross profit for the same period was approximately HKD 24.5 million, representing an increase of about 20.2% from the previous period[11]. - The gross profit margin improved from approximately 31.2% in the previous period to approximately 35.1% in the current period[12]. - The profit attributable to equity holders of the company was approximately HKD 2.1 million, compared to a loss of approximately HKD 2.6 million in the previous period[13]. - Earnings per share for the current period was approximately HKD 0.52, compared to a loss per share of HKD 0.66 in the previous period[14]. - Operating profit for the six months was approximately HKD 1.3 million, a significant improvement from an operating loss of approximately HKD 2.7 million in the previous period[17]. - The total comprehensive income for the period was approximately HKD 1.5 million, compared to a loss of approximately HKD 2.3 million in the previous period[19]. - The company reported a net loss of HKD 1,243,000 for the six months ended June 30, 2023, compared to a profit of HKD 2,061,000 in the same period of 2022[25]. Revenue Breakdown - Sales of beauty products reached HKD 49,207,000 for the six months ended June 30, 2023, up 20.2% from HKD 40,745,000 in 2022[40]. - Sales of cosmetic bags decreased to HKD 20,594,000 for the six months ended June 30, 2023, down 16.5% from HKD 24,657,000 in 2022[40]. - Revenue from the UK market increased to HKD 27,388,000, up from HKD 11,685,000 in 2022, marking a growth of 134%[47]. Assets and Liabilities - Total assets as of June 30, 2023, increased to HKD 273,065,000 from HKD 263,407,000 as of December 31, 2022, representing a growth of approximately 3%[21]. - Total liabilities increased to HKD 49,594,000 from HKD 38,693,000, which is an increase of about 28%[23]. - Current assets rose significantly, with inventory increasing to HKD 24,382,000 from HKD 3,640,000, marking a substantial increase of over 570%[21]. - Trade receivables surged to HKD 36,254,000 from HKD 15,047,000, reflecting an increase of approximately 141%[21]. - Cash and cash equivalents decreased to HKD 149,390,000 from HKD 180,462,000, a decline of approximately 17%[27]. Cash Flow and Expenses - Operating cash flow used was HKD 30,713,000 for the six months ended June 30, 2023, compared to HKD 26,125,000 in the previous year, indicating a worsening cash flow situation[27]. - Administrative expenses increased slightly to approximately HKD 17.4 million from about HKD 16.1 million in the previous period[83]. - Sales and distribution expenses decreased by approximately 27.2% to about HKD 4.6 million from approximately HKD 6.3 million in the previous period[84]. Corporate Governance and Compliance - The company has complied with all provisions of the corporate governance code, except for the absence of independent non-executive directors at the annual general meeting held on May 12, 2023[136]. - The chairman of the board did not attend the annual general meeting due to prior commitments[137]. - There are no reported conflicts of interest involving directors, major shareholders, or their associates as of June 30, 2023[133]. Risks and Challenges - The company faces significant risks due to external factors such as trade wars and the ongoing impact of the pandemic on economic conditions, which may adversely affect sales and profitability[106]. - Labor shortages and rising labor costs in China pose a risk to the company's operational capabilities and expansion plans[108]. Stock Options and Shareholder Information - The company has a stock option plan that allows for the issuance of up to 10% of the total issued shares, which currently stands at 400,000,000 shares, allowing for 40,000,000 shares to be issued under the plan[113]. - Classic Charm Investments Limited holds 300,000,000 shares, representing 75.00% of the voting rights in the company[127]. - The beneficial ownership of the 300,000,000 shares by Classic Charm Investments Limited is distributed among Mr. Ko (50.8%), Ms. Zhu (39.7%), and Ms. Chan (9.5%)[129]. Future Plans and Commitments - The company plans to use the remaining proceeds for the activities disclosed in the prospectus related to the expansion of the Hong Kong headquarters over the next twelve months[105]. - The company has capital commitments of HKD 390,000 as of June 30, 2023, unchanged from December 31, 2022[64].

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的任何損失承擔任何責 任。 Takbo Group Holdings Limited 德 寶 集 團 控 股 有 限 公 司 （於開曼群島註冊成立的有限公司） （股份代號：8436） 截 至 二 零 二 三 年 六 月 三 十 日 止 六 個 月 的 中 期 業 績 公 告 德寶集團控股有限公司（「本公司」）董事（「董事」）會（「董事會」）欣然宣佈本公司 及其附屬公司（統稱「本集團」）截至二零二三年六月三十日止六個月的未經審 核綜合業績。本公告載列本集團二零二三年中期報告全文，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」）有關中期業績初步公告隨 附資料的相關規定。本公司二零二三年中期報告的印刷版本載有GEM上市規 則規定的資料，並將適時寄發予股東。 本 公 司 的 二 零 二 三 年 中 期 業 績 公 告 刊 登 於 香 港 聯 合 交 易 所 有 限 公 司 網 站 http://www.hkexne ...

Financial Performance - The group's revenue for the three months ended March 31, 2023, was approximately HKD 13.8 million, a decrease of about 45.6% compared to HKD 25.3 million for the same period in 2022[8]. - Gross profit for the same period was approximately HKD 4.7 million, down approximately 45.4% from HKD 8.6 million in the previous year[9]. - The gross profit margin slightly increased from approximately 34.1% in the previous period to about 34.2% in the current period[10]. - Loss attributable to equity holders for the current period was approximately HKD 3.9 million, compared to a loss of about HKD 1.6 million in the prior period[11]. - Basic and diluted loss per share for the current period was approximately HKD 0.99, compared to HKD 0.39 in the previous period[12]. - Operating loss for the current period was approximately HKD 4.7 million, compared to HKD 1.7 million in the prior period[15]. - The total comprehensive loss attributable to equity holders for the current period was approximately HKD 2.79 million, compared to HKD 1.08 million in the previous period[17]. - For the three months ended March 31, 2023, total revenue was HKD 13,765,000, a decrease of 45.5% compared to HKD 25,290,000 for the same period in 2022[29]. Sales Performance - Sales of beauty products, including cosmetics and other products, amounted to HKD 10,849,000, down 29.5% from HKD 15,462,000 in the previous year[29]. - Hand sanitizer sales dropped significantly to HKD 283,000 from HKD 5,358,000, representing a decline of 94.7%[29]. - Sales of cosmetic bags were HKD 2,633,000, a decrease of 41.2% compared to HKD 4,470,000 in the same period last year[29]. Income and Expenses - Other income for the current period was HKD 10, a significant decrease from HKD 100 in the previous period[15]. - The company reported a net foreign exchange gain of HKD 72,000, compared to a loss of HKD 45,000 in the same period last year[31]. - Depreciation of property, plant, and equipment was HKD 387,000, down 75.8% from HKD 1,596,000 in the previous year[33]. - Administrative expenses increased slightly by about HKD 0.2 million or approximately 3% to about HKD 7.5 million for the period[48]. - Sales and distribution expenses decreased by approximately HKD 0.7 million or about 25% to approximately HKD 2.1 million, primarily due to increased freight costs in the previous period[49]. Dividends and Shareholder Information - The board of directors did not recommend the payment of any interim dividend for the current period, consistent with the previous period[13]. - The company did not declare any interim dividend for the three months ended March 31, 2023, consistent with the previous year[37]. - Major shareholders, Classic Charm Investments Limited, hold 300,000,000 shares, representing 75% of the voting rights in the company[79]. - The total number of shares held by directors and major executives in the company and its associated corporations is 300,000,000, which constitutes 75% of the issued voting shares[75]. Corporate Governance and Compliance - The board believes the company has complied with all provisions of the corporate governance code as per GEM Listing Rules Appendix 15 during the three months ending March 31, 2023[85]. - The company has adopted a code of conduct for securities trading by directors and employees, ensuring compliance with GEM Listing Rules[86]. - There are no reported conflicts of interest involving directors, major shareholders, or controlling shareholders during the three months ending March 31, 2023[84]. Future Outlook - The management anticipates ongoing uncertainty and challenges in global business, focusing on innovative product creation and market expansion[41]. - E-commerce solutions targeting Generation Z and Millennials are becoming a major trend in the service industry, with sustainability expected to play a significant role in the beauty and cosmetics sector[41]. Other Information - As of March 31, 2023, the group had cash and cash equivalents of approximately HKD 169.3 million, down from approximately HKD 180.5 million as of December 31, 2022[47]. - The current ratio as of March 31, 2023, was approximately 9.9 times, an increase from approximately 6.9 times as of December 31, 2022[47]. - As of March 31, 2023, the group had no significant contingent liabilities or capital commitments[53]. - There were no major acquisitions or disposals of subsidiaries, associates, or joint ventures during the period[61]. - The stock option plan is valid for 10 years from the adoption date until September 28, 2027, and no options can be granted thereafter[71]. - The exercise price of the stock options will not be less than the highest of the closing price on the offer date or the average closing price over the five trading days preceding the offer date[74]. - As of March 31, 2023, the company has no outstanding, granted, canceled, exercised, or expired stock options[72]. - The stock option plan requires shareholder approval if the total value exceeds HKD 5 million and the total shares exceed 0.1% of the issued share capital[68]. - The company has no knowledge of any person (excluding directors or major executives) holding any interests or short positions in the company's shares or related shares as of March 31, 2023[81]. - No shares were repurchased, purchased, or sold by the company or its subsidiaries during the three months ended March 31, 2023[88]. - The Audit Committee, consisting of three independent non-executive directors, has reviewed the unaudited financial information for the first quarter ended March 31, 2023[89]. - There have been no significant events related to the company's business or financial performance after the reporting period[93]. - The company has proposed amendments to its Articles of Association, which will be approved at the annual general meeting on May 12, 2023[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的任何損失承擔任何責 任。 Takbo Group Holdings Limited 德 寶 集 團 控 股 有 限 公 司 （於開曼群島註冊成立的有限公司） （股份代號：8436） 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 德寶集團控股有限公司（「本公司」）董事（「董事」）會（「董事會」）欣然宣佈本公司 及其附屬公司（統稱「本集團」）截至二零二三年三月三十一日止三個月的未經 審核綜合業績。本公告載列本集團二零二三年第一季度業績報告全文，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」）有關第一季度 業績初步公告隨附資料的相關規定。本公司二零二三年第一季度業績報告的 印刷版本載有GEM上市規則規定的資料，並將適時寄發予股東。 本公司的二零二三年第一季度業績公告刊登於香港聯合交易所有限公司網站 www.hkexnews.hk及本公司網站www.tak ...