UNI PRINTSHOP(08448)

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环球印馆(08448) - 2025 - 中期财报
2024-11-29 14:43
Financial Performance - For the six months ended September 30, 2024, the company's revenue was approximately HKD 123.1 million, an increase of about 242.7% compared to HKD 35.9 million for the same period in 2023[9]. - The gross profit increased from approximately HKD 5.6 million in the first half of 2023 to approximately HKD 21.0 million in the first half of 2024[9]. - The company recorded a total comprehensive income attributable to equity holders of approximately HKD 3.0 million for the first half of 2024, compared to a total comprehensive loss of approximately HKD 9.4 million for the first half of 2023[9]. - Total revenue for the first half of 2024 was approximately HKD 123.1 million, a significant increase from HKD 35.9 million in the same period of 2023, reflecting successful market expansion into mainland China, Taiwan, and the United States[17]. - The operating profit for the six months was HKD 4,808,527, a turnaround from an operating loss of HKD 8,972,427 in the previous year[90]. - The net profit for the period was HKD 3,180,353, compared to a net loss of HKD 9,433,765 in the same period last year, marking a substantial recovery[90]. - The total comprehensive income for the period amounted to HKD 3,069,494, compared to a total comprehensive loss of HKD 9,433,765 in 2023[90]. - Basic and diluted earnings per share for the period were HKD 0.59, a significant improvement from a loss per share of HKD 4.19 in the previous year[90]. Business Expansion - The company successfully expanded its business into mainland China, Taiwan, and the United States, contributing to revenue growth and reducing reliance on the Hong Kong market[12]. - The new business line supplying printing materials and equipment in mainland China and Taiwan has been well received by customers, creating synergies with core products[12]. - The company expresses optimism about continued growth in new markets, particularly in the United States[12]. - The strategic growth plan includes diversifying revenue sources to mitigate dependence on any single market[12]. - The company continues to focus on strategic expansion and diversification to drive growth, emphasizing high service standards and product quality while exploring new business opportunities[16]. Operational Efficiency - The company is focusing on improving operational efficiency and reducing costs across all business segments to enhance competitiveness and ensure sustainable financial performance[14]. - Strategic measures taken by the company have led to a turnaround from loss to profit, reflecting successful adaptation and growth in new regions despite external economic challenges[13]. - The company aims to leverage technology and optimize resource allocation to improve work efficiency while maintaining product and service quality[14]. Financial Position - As of September 30, 2024, total assets amounted to HKD 101,255,104, a significant increase from HKD 22,879,705 as of March 31, 2024[92]. - The total liabilities increased to HKD 109,267,564 as of September 30, 2024, up from HKD 29,727,855 as of March 31, 2024[92]. - The company’s equity attributable to owners increased to HKD 10,267,749 as of September 30, 2024, from HKD 7,315,465 as of March 31, 2024[94]. - Cash and cash equivalents decreased to HKD 7,565,963 as of September 30, 2024, from HKD 9,778,940 at the beginning of the period[100]. - Trade and other receivables surged to HKD 75,974,249 as of September 30, 2024, from HKD 11,065,545 as of March 31, 2024[92]. - The company reported a net cash inflow from operating activities of HKD 2,403,023 for the six months ended September 30, 2024, compared to a cash outflow of HKD 4,652,987 in the same period last year[100]. Shareholder Information - As of September 30, 2024, New Metro holds 296,679,133 shares, representing 59.45% of the company[71]. - The combined holdings of the concert party shareholders amount to 327,052,333 shares, approximately 65.54% of the total issued share capital[71]. - The company’s major shareholders include Mr. Lin Cheng Tai with 296,679,133 shares and Mr. Zhou Wenqiang with 8,273,200 shares[71]. Governance and Compliance - The company has complied with all applicable code provisions of the Corporate Governance Code, except for a deviation regarding the separation of roles between the Chairman and the CEO[78]. - The board consists of five executive directors and three independent non-executive directors, ensuring a high level of independence[78]. - The audit committee has reviewed the unaudited financial statements and confirmed their compliance with applicable accounting standards and GEM listing rules[87]. - The company has established an audit committee to oversee financial reporting and internal controls, enhancing governance practices[85]. Risks and Challenges - The largest customer accounted for approximately 40.3% of the total revenue for the first half of 2024, posing a risk to profitability if the relationship is terminated or significantly reduced[41]. - The group faces risks related to fluctuations in raw material procurement costs and employee costs, which may adversely affect operational and financial performance[42]. - The group relies on subcontractors for certain production processes, and failure to meet standards could negatively impact business and reputation[44]. - The group aims to diversify revenue sources and expand into new markets, although this exposes it to additional risks associated with operating in multiple jurisdictions[46]. Capital and Investments - The company has no significant capital commitments as of September 30, 2024, compared to approximately HKD 2,549,700 for capital commitments related to the acquisition of leasing business renovations and printing machines as of March 31, 2024[35]. - The group has no significant investments as of September 30, 2024, consistent with no significant investments as of March 31, 2024[36]. - The company has allocated HKD 10.7 million for the purchase of a six-color offset printing machine, with the full amount utilized[56]. - The company has also allocated HKD 10.5 million for the purchase of a hybrid printing machine, which remains unutilized[56]. - The company plans to expand its store network with an allocation of HKD 1.9 million, which is also unutilized[56]. Employee Information - The company employed 46 full-time employees as of September 30, 2024, down from 55 in the previous year, with employee costs amounting to approximately HKD 8.2 million[33]. - Key management personnel compensation for the six months ended September 30, 2024, totaled HKD 2,466,300, up from HKD 1,548,000 in the previous year[127]. - The company is actively recruiting more experienced employees[62].
环球印馆(08448) - 2025 - 中期业绩
2024-11-29 14:41
Financial Performance - For the six months ended September 30, 2024, the company's revenue was approximately HKD 123.1 million, an increase of about 242.7% compared to HKD 35.9 million for the same period in 2023[10]. - The gross profit increased from approximately HKD 5.6 million in the first half of 2023 to approximately HKD 21.0 million in the first half of 2024[10]. - The total comprehensive income attributable to equity holders for the first half of 2024 was approximately HKD 3.0 million, compared to a total comprehensive loss of approximately HKD 9.4 million in the first half of 2023[10]. - For the six months ended September 30, 2024, the company reported a turnaround from a loss to a profit, with total revenue of approximately HKD 123.1 million compared to HKD 35.9 million in the same period of 2023, reflecting a significant growth driven by expansion into mainland China, Taiwan, and the United States[18]. - The operating profit for the six months was HKD 4,808,527, a turnaround from an operating loss of HKD 8,972,427 in the prior year[91]. - The net profit for the period was HKD 3,180,353, compared to a net loss of HKD 9,433,765 in the same period last year, marking a substantial recovery[91]. - Basic and diluted earnings per share for the period were HKD 0.59, compared to a loss per share of HKD 4.19 in the previous year[91]. Business Expansion - The company successfully expanded its business into mainland China, Taiwan, and the United States, contributing to revenue growth and reducing reliance on the Hong Kong market[13]. - The new business line supplying printing materials and equipment in mainland China and Taiwan has been well received by customers, enhancing long-term profitability[13]. - The company remains optimistic about continued growth in the new U.S. market, further diversifying its revenue sources[13]. - The strategic growth plan includes a focus on core printing services such as offset printing, inkjet printing, and digital printing[12]. - The company aims to create synergies between its core printing services and the supply of materials and equipment, contributing significantly to diversified revenue streams[12]. Financial Position - The company's cost of sales increased to approximately HKD 102.1 million in the first half of 2024, up from HKD 30.3 million in the same period of 2023, primarily due to rising raw material and equipment trade costs as well as increased sales volume[19]. - The company's trade and other receivables increased significantly to approximately HKD 76.0 million as of September 30, 2024, from HKD 11.1 million as of March 31, 2024, driven by increased sales, particularly from new regions[27]. - Inventory balance rose to approximately HKD 7.4 million as of September 30, 2024, from HKD 0.8 million as of March 31, 2024, due to the expansion of business supplying printing-related materials and equipment to customers in mainland China[26]. - Contract liabilities increased significantly to approximately HKD 3.3 million as of September 30, 2024, from HKD 2.0 million as of March 31, 2024, primarily due to advance payments received from customers in mainland China[32]. - As of September 30, 2024, the group's net current liabilities were approximately HKD 8.0 million, an increase from HKD 6.8 million as of March 31, 2024, with cash and cash equivalents at HKD 7.6 million, down from HKD 9.8 million[33]. - The group's current ratio improved to approximately 0.93 as of September 30, 2024, compared to 0.77 as of March 31, 2024[33]. - The total lease liabilities amounted to approximately HKD 21.3 million as of September 30, 2024, down from HKD 24.5 million as of March 31, 2024[33]. - The group reported total assets amounted to HKD 101,255,104, a significant increase from HKD 22,879,705 as of March 31, 2024[93]. - The total liabilities increased to HKD 109,267,564 as of September 30, 2024, up from HKD 29,727,855 as of March 31, 2024[93]. Operational Efficiency - The company is focusing on operational efficiency and cost reduction across all business segments to strengthen its competitive position while maintaining product and service quality[15]. - The company aims to enhance its operational efficiency through technology and optimized resource allocation, which is anticipated to lower operational costs without compromising quality[15]. - The group employed 46 full-time employees as of September 30, 2024, a decrease from 55 employees as of September 30, 2023, with employee costs around HKD 8.2 million, down from HKD 10.5 million in the same period last year[34]. Governance and Compliance - The company has adopted a share option scheme, with a maximum of 90,000,000 shares (equivalent to 18,000,000 shares post-share consolidation) available for issuance under the scheme, representing approximately 3.6% of the issued share capital as of September 30, 2024[75]. - The company has complied with all applicable provisions of the corporate governance code, except for a deviation regarding the separation of the roles of Chairman and CEO[78]. - The board consists of five executive directors and three independent non-executive directors, ensuring a high level of independence[79]. - The company believes that the current structure of having the same individual serve as both Chairman and CEO will enhance the execution of business strategies and operational efficiency[79]. - The company has established an audit committee consisting of three independent non-executive directors to oversee financial reporting and internal controls[86]. Risks and Liabilities - The group faced a major risk as its largest customer accounted for approximately 40.3% of total revenue for the first half of 2024, raising concerns about dependency on this client[42]. - The company believes it faces low foreign exchange risk, as its revenues and costs are primarily denominated in Renminbi and Hong Kong dollars, with no hedging activities undertaken[40]. - The group has no significant contingent liabilities as of September 30, 2024, consistent with the previous reporting period[49]. Shareholder Information - The company’s major shareholder, Mr. Lin Cheng Tai, holds 59.45% of the shares, totaling 296,679,133 shares[66]. - The total shareholding of the concert party shareholders is approximately 65.54% of the company’s issued share capital[68]. - The combined beneficial interest of Mr. Zhou Wenqiang and another party amounts to 318,779,133 shares, which is approximately 63.88% of the company's issued share capital[72]. - Ms. Feng Zhijuan, as the spouse of Executive Director Lin Chengda, is deemed to have an interest in 327,052,333 shares, equivalent to about 65.54% of the company's issued share capital[74].
环球印馆(08448) - 正面盈利预告
2024-11-18 11:10
環球印館控股有限公司 (於開曼群島註冊成立之有限公司) (股份代號:8448) 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。 UNIVERSE PRINTSHOP HOLDINGS LIMITED 股東及潛在投資者務請細閱本集團截至二零二四年九月三十日止六個月之中期業績公 告,預期該業績公告將於二零二四年十一月刊發。 股東及潛在投資者於買賣本公司證券時務請審慎行事。 承董事會命 環球印館控股有限公司 主席兼執行董事 正面盈利預告 本公告由環球印館控股有限公司(「本公司」,連同其附屬公司統稱「本集團」)根據香港 聯合交易所有限公司GEM證券上市規則(「GEM上市規則」)第17.10(2)(a)條及香港法例 第571章證券及期貨條例第XIVA部項下內幕消息條文(定義見GEM上市規則)而作出。 本公司董事(「董事」)會(「董事會」)謹此知會本公司股東(「股東」)及潛在投資者,根據 對本集團截至二零二四年九月三十日止六個月的未經審核綜合管理賬目之初步評估及本 ...
环球印馆(08448) - 董事会会议通告
2024-11-15 11:34
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通告之內容概不負責,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通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。 UNIVERSE PRINTSHOP HOLDINGS LIMITED 環球印館控股有限公司 (於開曼群島註冊成立之有限公司) (股份代號:8448) 董事會會議通告 環球印館控股有限公司(「本公司」)之董事(「董事」)會(「董事會」)謹此公告,董事會將 於二零二四年十一月二十九日(星期五)舉行會議,以商討(其中包括)考慮批准本公司及 其附屬公司截至二零二四年九月三十日止六個月之未經審核中期業績及其發佈,以及考 慮派付股息(如有)。 承董事會命 環球印館控股有限公司 主席兼執行董事 林承大 香港,二零二四年十一月十五日 本通告的資料乃遵照香港聯合交易所有限公司 GEM 證券上市規則而刊載,旨在提供有關 本公司的資料;董事願就本通告的資料共同及個別地承擔全部責任。各董事在作出一切 合理查詢後,確認就其所知及所信,本通告所載資料在各重要方面均屬準確完備,沒有 誤導或欺詐成分,且並無遺漏任何事項,足以令致本通告 ...
环球印馆(08448) - 变更公司网站
2024-11-15 11:30
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。 承董事會命 環球印館控股有限公司 主席兼執行董事 林承大 UNIVERSE PRINTSHOP HOLDINGS LIMITED 環球印館控股有限公司 ( 於開曼群島註冊成立之有限公司) (股份代號:8448) 變更公司網站 環球印館控股有限公司(「本公司」)董事(「董事」)會(「董事會」)謹此宣佈,本公司網站 將由「www.uprintshop.hk」更改為「www.uprintshop.com」,自二零二四年十一月十五日 起生效。所有由本公司呈交以在香港聯合交易所有限公司網站刊載的公告、通告或其他 文件,亦將於本公司此新網站刊載。 本公告將於刊登日期後起計最少七日在香港聯合交易所有限公司網頁 www.hkexnews.hk 「最新上市公司公告」一頁內刊登。本公告亦將於本公司網頁 www.uprintshop.com 刊登及 保存。 香港,二零二四年十一月十五日 本公告的資料乃遵照香港聯合交易所有限公司 ...
环球印馆(08448) - 自愿性公告 - 一名控股股东的持股变动
2024-10-30 08:38
UNIVERSE PRINTSHOP HOLDINGS LIMITED 環球印館控股有限公司 ( 於開曼群島註冊成立之有限公司) (股份代號:8448) 自願性公告 一名控股股東的持股變動 環球印館控股有限公司(「本公司」)董事(「董事」)會(「董事會」)獲主席兼執行董事林承 大先生(「林先生」)、執行董事李爽女士(「李女士」)及執行董事高榮先生(「高先生」)告 知,有關本公司一名控股股東New Metro Inc.的股權變動(定義見下文)已於二零二四年十 月二十八日完成。 股權變動 於本公告日期,本公司擁有499,000,000股已發行股份(「股份」),其中New Metro Inc. (一間根據英屬處女群島法律註冊成立且於股權變動完成前由林先生全資擁有的有限公 司)持有296,679,133股股份(佔股份總數約59.45%)。New Metro Inc.、林先生、前執行董 事周文强先生及前執行董事許清耐先生(統稱「一致行動控股股東」)訂立日期為二零二二 年四月四日之一致行動人士承諾契據(「一致行動承諾契據」),據此,訂約方已同意集合 彼等各自於本公司之權益以及直接及╱或間接控制本公司,並就將於本公司任何股 ...
环球印馆(08448) - 2024 - 年度财报
2024-06-28 14:22
Financial Performance - For the fiscal year 2024, the company's gross profit decreased from approximately HKD 14.7 million in fiscal year 2023 to about HKD 9.4 million, resulting in a gross margin decline from approximately 15.4% to 13.5%[6]. - The company reported a revenue of approximately HKD 69.9 million for the fiscal year 2024, a decrease of about 26.8% compared to HKD 95.5 million in fiscal year 2023[33]. - The total comprehensive loss attributable to equity holders for fiscal year 2024 was approximately HKD 28.4 million, compared to HKD 20.5 million in fiscal year 2023[33]. - Operating loss for fiscal year 2024 was approximately HKD 22.7 million, slightly higher than HKD 21.2 million in fiscal year 2023, excluding one-time items[33]. - The impairment of assets increased significantly to approximately HKD 6.5 million in fiscal year 2024 from HKD 2.4 million in fiscal year 2023, reflecting current market conditions[28]. Income and Expenses - Other income significantly dropped from approximately HKD 3.9 million in fiscal year 2023 to around HKD 190,000 in fiscal year 2024, primarily due to a reduction of about HKD 3.3 million in government subsidies[7]. - Administrative and other expenses decreased to approximately HKD 32.9 million in fiscal year 2024, down about 11.0% from HKD 37.0 million in fiscal year 2023[34]. - Total sales cost decreased from approximately HKD 80.8 million in fiscal year 2023 to about HKD 60.5 million in fiscal year 2024, aligning with the reduction in sales orders[42]. - The total cost of retirement benefit plan contributions deducted from profit and loss for the fiscal year 2024 is approximately HKD 0.7 million, compared to HKD 1.0 million for the fiscal year 2023[61]. Assets and Liabilities - Right-of-use assets increased by approximately 157.4% to about HKD 20.5 million as of March 31, 2024, primarily due to the acquisition of new printing equipment[37]. - Trade and other receivables increased from approximately HKD 6.0 million as of March 31, 2023, to about HKD 11.1 million as of March 31, 2024[48]. - Cash and cash equivalents rose from approximately HKD 5.0 million as of March 31, 2023, to about HKD 9.8 million as of March 31, 2024, primarily due to the net proceeds from the rights issue[57]. - Current liabilities net value decreased from approximately HKD 16.6 million as of March 31, 2023, to about HKD 6.8 million as of March 31, 2024[49]. - The total lease liabilities as of March 31, 2024, were approximately HKD 24.5 million, compared to HKD 11.3 million as of March 31, 2023[49]. Employment and Human Resources - The company employed 39 full-time employees as of March 31, 2024, down from 69 employees as of March 31, 2023, with employee costs for fiscal year 2024 at approximately HKD 20.3 million[53]. - The group regularly reviews and determines employee compensation based on their roles, responsibilities, experience, and skills[161]. - The total employee costs for the fiscal year 2024 are approximately HKD 20.3 million, down from HKD 26.0 million in the fiscal year 2023[190]. Strategic Plans and Investments - The company announced plans to expand its printing business into mainland China starting from the fiscal year ending March 31, 2025, aiming to enhance market coverage and create new opportunities[1]. - The company has committed to a financing lease agreement for new printing machines, indicating a strategic investment in operational capacity[94]. - The company plans to upgrade its IT systems with an investment of approximately HKD 0.9 million, which is part of the total planned use of proceeds[83]. Rights Issue and Proceeds - The company entered into an underwriting agreement for a rights issue, with New Metro agreeing to underwrite up to 163,602,300 shares[22]. - The total proceeds from the rights issue amounted to approximately HKD 34.4 million, with a net amount of about HKD 32.7 million after expenses[98]. - The net proceeds are planned to be used for repaying trade and other payables (HKD 8.6 million), partially repaying a shareholder loan (HKD 16.2 million), and general working capital (HKD 8.2 million)[99]. - As of January 8, 2024, the company has utilized HKD 24.8 million of the net proceeds, leaving approximately HKD 7.9 million unutilized[99]. Corporate Governance and Compliance - The board of directors does not recommend the payment of a final dividend for the fiscal year 2024, consistent with the previous fiscal year[62]. - The company has not identified any significant non-compliance with relevant laws and regulations that could materially impact its business operations as of March 31, 2024[197]. - Independent non-executive directors have reviewed compliance and confirmed adherence to all non-competition commitments as of March 31, 2024[192]. Related Party Transactions - Related party transactions have been conducted under normal commercial terms and are deemed fair and reasonable, aligning with the interests of the company and its shareholders[178]. - The company has obtained independent shareholder approval for related party transactions in accordance with GEM listing rules[187].
环球印馆(08448) - 2024 - 年度业绩
2024-06-25 22:07
Financial Performance - The total revenue for the year ended March 31, 2024, was approximately HKD 69.9 million, a decrease of about 26.8% compared to HKD 95.5 million for the year ended March 31, 2023[3] - The group recorded a total comprehensive loss attributable to equity holders of approximately HKD 28.4 million for the fiscal year 2024, compared to a loss of about HKD 20.5 million in fiscal year 2023[3] - The operating loss for fiscal year 2024 was approximately HKD 22.7 million, compared to HKD 21.2 million in fiscal year 2023, excluding the impact of one-off items[3] - The gross profit for the year was approximately HKD 9.4 million, down from HKD 14.7 million in the previous year[5] - The basic and diluted loss per share for the year was HKD 9.6, compared to HKD 9.9 in the previous year[5] - Other income for the year was significantly lower, with no specific figures provided for fiscal year 2024 compared to HKD 3.9 million in fiscal year 2023[5] - The company reported a net loss of HKD 28,670,570 for the year ending March 31, 2024, and a net cash outflow from operating activities of HKD 32,839,105[38] - The group recorded a pre-tax loss of HKD 28,437,446 for the year ended March 31, 2024, compared to a loss of HKD 20,502,806 in the previous year[103] Assets and Liabilities - Total non-current assets increased to HKD 29,636,138 in 2024 from HKD 19,823,574 in 2023, representing a growth of approximately 49%[23] - Current assets rose to HKD 22,879,705 in 2024, up from HKD 12,990,458 in 2023, marking an increase of about 76%[23] - The company's total liabilities decreased slightly from HKD 29,576,723 in 2023 to HKD 29,727,855 in 2024, indicating a marginal increase of 0.5%[24] - Cash and cash equivalents significantly increased to HKD 9,778,940 in 2024, compared to HKD 4,958,855 in 2023, reflecting a growth of approximately 97%[23] - The company recorded a net current liability of HKD 6,848,150 in 2024, an improvement from HKD 16,586,265 in 2023, showing a reduction of approximately 59%[23] - Trade and other receivables surged to HKD 11,065,545 in 2024, up from HKD 5,988,874 in 2023, representing an increase of about 85%[23] - Trade payables decreased significantly to HKD 4,942,652 in 2024 from HKD 15,572,702 in 2023, a reduction of approximately 68.3%[118] Corporate Actions - The board does not recommend the payment of a final dividend for the year ended March 31, 2024[3] - The company completed a rights issue on February 6, 2024, issuing 299,400,000 new ordinary shares, raising approximately HKD 34.4 million[71] - The net proceeds from the rights issue, after accounting for related expenses, amounted to approximately HKD 32.7 million, with a net price of about HKD 0.109 per rights share[71] - The company has not declared or proposed any dividends for the fiscal year 2024, consistent with the previous year[111] - The company did not recommend a final dividend for the fiscal year 2024, consistent with the previous fiscal year[159] Governance and Compliance - The company has complied with all applicable provisions of the Corporate Governance Code, except for a deviation noted in section C.2.1[46] - The audit committee, composed entirely of independent non-executive directors, reviewed the annual performance and found it compliant with applicable accounting standards and GEM listing rules[51] - The company plans to continue monitoring and reviewing its practices to maintain high standards of corporate governance[47] Employee and Operational Matters - Employee costs for the fiscal year 2024 amounted to approximately 20.3 million HKD, down from 26.0 million HKD in fiscal year 2023[78] - The company employed 39 full-time employees in Hong Kong as of March 31, 2024, down from 69 employees a year earlier[78] - The total cost of retirement benefit contributions for the fiscal year 2024 was approximately 0.7 million HKD, compared to about 1.0 million HKD in fiscal year 2023[78] - The group has implemented cost control measures, including streamlining workflows and tightening advertising expenses to increase cash flow[87] Future Plans and Developments - Management plans to expand digital printing services and acquire two sets of four-color digital inkjet printers for a total of 18.7 million HKD to improve gross margins[86] - The company plans to expand its printing business into mainland China starting from the fiscal year ending March 31, 2025, which is expected to create new opportunities[128] - The company plans to fully utilize the net proceeds for settling additional employee salaries by the end of the fiscal year ending March 31, 2025[75] - The company anticipates that the net proceeds for settling rental payments will be fully utilized by the end of the fiscal year ending March 31, 2025[77] Risks and Uncertainties - The company faces significant uncertainty regarding its ability to continue as a going concern, dependent on the successful implementation of its plans and measures[89] - The group relies on subcontractors for printing services, which may impact business and reputation if they fail to meet requirements[173]
环球印馆(08448) - 2024 - 中期财报
2023-11-10 14:41
Financial Performance - The company's revenue for the first half of 2023 was approximately HKD 35.9 million, a decrease of about 28.7% compared to HKD 50.3 million in the first half of 2022[10]. - Gross profit decreased from approximately HKD 7.4 million in the first half of 2022 to about HKD 5.6 million in the first half of 2023, maintaining a stable gross margin of around 15%[10][19]. - The net loss attributable to the owners of the company was approximately HKD 9.4 million in the first half of 2023, compared to HKD 9.2 million in the same period of 2022[10][13]. - The total comprehensive loss attributable to owners for the first half of 2023 was approximately HKD 9.4 million, compared to about HKD 9.2 million in the first half of 2022[24]. - The company's revenue for the six months ended September 30, 2023, was HKD 35,916,221, a decrease of 28.6% compared to HKD 50,341,607 in the same period of 2022[87]. - Gross profit for the same period was HKD 5,571,756, down 24.3% from HKD 7,358,624 year-on-year[87]. - Operating loss increased slightly to HKD 8,972,427 from HKD 8,750,184 in the previous year, indicating a 2.5% increase in losses[87]. - The total comprehensive loss for the period was HKD 9,433,765, compared to HKD 9,244,651 in the prior year, reflecting a 2.0% increase in losses[87]. - Basic and diluted loss per share improved to HKD (0.96) from HKD (1.03) year-on-year, showing a reduction in loss per share by 6.8%[87]. Cost Management - The total sales cost decreased from approximately HKD 43.0 million in the first half of 2022 to about HKD 30.3 million in the first half of 2023, aligning with the revenue decline[18]. - Other income decreased significantly from approximately HKD 3.7 million in the first half of 2022 to about HKD 89,000 in the first half of 2023, primarily due to the absence of government subsidies in 2023[20]. - Administrative and other expenses decreased by approximately HKD 3.0 million or 14.9%, from about HKD 20.1 million in the first half of 2022 to approximately HKD 17.1 million in the first half of 2023[22]. - The company faces challenges in controlling production costs, particularly due to fluctuations in raw material procurement costs and increasing labor costs in Hong Kong[40]. Asset Management - Property, plant, and equipment decreased from approximately HKD 9.9 million as of March 31, 2023, to about HKD 5.9 million as of September 30, 2023, mainly due to the sale of a six-color printing machine[25]. - Right-of-use assets increased by approximately 244.2%, from about HKD 8.0 million as of March 31, 2023, to approximately HKD 27.5 million as of September 30, 2023, due to the acquisition of two digital inkjet printing machines[26]. - Trade and other receivables, prepayments, and deposits increased from approximately HKD 6.0 million as of March 31, 2023, to about HKD 13.4 million as of September 30, 2023[28]. - Cash and cash equivalents decreased from approximately HKD 5.0 million as of March 31, 2023, to about HKD 2.5 million as of September 30, 2023, primarily due to declining operating performance[29]. - Lease liabilities increased from approximately HKD 11.3 million as of March 31, 2023, to about HKD 27.5 million as of September 30, 2023, mainly due to the acquisition of new printing machines[30]. Business Development - The company acquired two new four-color digital inkjet printing machines (model: Jet Press 750S) to enhance printing efficiency and reduce fixed costs[14]. - In August 2023, the company rented several properties in Kwun Tong and established a joint venture with an independent third party to expand its revenue sources[14]. - The company remains optimistic about its future business prospects and plans to continue investing in technology, talent, and innovation to maintain a competitive edge[15]. Shareholder and Corporate Governance - The company plans to increase its authorized share capital from HKD 20 million to HKD 200 million, pending shareholder approval[64]. - The board proposed a rights issue to raise approximately HKD 34.43 million by issuing 299,400,000 rights shares at a subscription price of HKD 0.115 per share[65]. - New Metro Inc. currently holds 354,659,000 existing shares, equivalent to 35.54% of the company's issued share capital, which may increase to 340,931,800 shares post-rights issue, representing 68.32%[66]. - The estimated net proceeds from the rights issue, after deducting all estimated expenses, will be approximately HKD 32.81 million[65]. - The company has applied for a waiver under the Takeovers Code regarding mandatory offer obligations due to the potential increase in New Metro's shareholding[66]. - The rights issue is contingent upon the completion of a share consolidation, which will affect the number of shares held by existing shareholders[65]. - The company has adopted a stock option plan with a total of 90,000,000 options available for grant as of September 30, 2023[76]. - The company maintains a high level of corporate governance, adhering to all principles of the GEM Listing Rules Appendix 15, except for a deviation regarding the roles of the Chairman and CEO[77]. - The company has established an audit committee composed of three independent non-executive directors to oversee financial reporting and internal controls[85]. - The audit committee has reviewed the unaudited condensed consolidated financial statements and believes they comply with applicable accounting standards and GEM Listing Rules[85]. Employee and Operational Insights - The group employed 55 full-time employees as of September 30, 2023, down from 85 employees a year earlier, with employee costs amounting to approximately HKD 10.5 million[33]. - As of September 30, 2023, the company's net current liabilities amounted to approximately HKD 8.4 million, indicating liquidity risk[44]. - The company has incurred approximately HKD 5.0 million in lease payments for four digital printing machines, with installation completed in June 2020[51]. - The company has successfully upgraded its IT systems, including the completion of its website and mobile application in 2020[51]. - The company has a future plan to utilize the remaining unutilized proceeds based on the proposed purposes outlined in the announcements[57].
环球印馆(08448) - 2024 - 中期业绩
2023-11-10 14:12
香港交易及結算所有限公司及香港聯合交易所有限公司對本公告之內容概不負責,對其準確 性或完整性亦不發表任何聲明,並明確表示概不就因本公告全部或任何部分內容而產生或因 倚賴該等內容而引致之任何損失承擔任何責任。 UNIVERSE PRINTSHOP HOLDINGS LIMITED 環 球 印 館 控 股 有 限 公 司 (於開曼群島註冊成立之有限公司) 8448 (股份代號: ) 截至二零二三年九月三十日止六個月之中期業績公告 GEM 香港聯合交易所有限公司(「聯交所」) 的特點 GEM 之定位,乃為相比起其他在聯交所上市之公司帶有較高投資風險之中小型公司提供一個 上市之市場。有意投資者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。 GEM GEM 鑒於 上市公司通常為中小型公司,在 買賣的證券可能會較於聯交所主板買賣的證 GEM 券承受較大的市場波動風險,同時無法保證在 買賣的證券會有高流通量的市場。 ...