Business Strategy and Expansion - The company is strategically repositioning its business to achieve future growth amid a challenging market environment, including labor shortages and rising operational costs[9]. - The decision to enter the online gaming industry represents a significant expansion into the digital entertainment sector, with initial investments made to establish a foothold[9]. - The company is focused on prudent management during this transitional period, with a priority on nurturing the new online gaming business while stabilizing the environmental services business[10]. - The board remains confident in the diversification strategy, which is supported by prudent financial management and operational expertise to create sustainable long-term value[10]. - The company will continue to explore and identify new business opportunities to broaden its scope and benefit from diversified returns in the future[12]. - The company has sold a major subsidiary during the year, which has reduced its revenue base but was a strategic decision to reallocate resources more efficiently[9]. - The group established its first online gaming licensing agreement in April 2024, marking its expansion into the online gaming industry[13]. - The company is expanding its operations in the waste management sector through the acquisition of specialized vehicles[37]. Financial Performance - The group's revenue decreased by approximately 39.6% from about HKD 948.7 million for the year ended December 31, 2023, to approximately HKD 573.4 million for the reporting period[14]. - The service cost reduced by approximately 39.6% to about HKD 537.5 million, compared to HKD 890.7 million in 2023[20]. - Gross profit decreased by approximately 38.2% to about HKD 35.9 million, down from HKD 58.0 million in 2023[21]. - The group recorded a profit attributable to shareholders of approximately HKD 3.4 million for the reporting period, compared to HKD 14.1 million in the same period of 2023[26]. - The group’s cash and cash equivalents were approximately HKD 76.7 million as of December 31, 2024, down from HKD 102.0 million in 2023[28]. - The group’s net current asset value was approximately HKD 117.2 million as of December 31, 2024, compared to HKD 61.8 million in 2023[29]. - The group’s gross margin increased to approximately 6.3% for the year ended December 31, 2024, from 6.1% in 2023[22]. - The group’s administrative expenses decreased by approximately 4.2% to about HKD 35.8 million, compared to HKD 37.3 million in 2023[24]. - The group’s financing costs were approximately HKD 3.8 million for the year ended December 31, 2024, compared to HKD 5.9 million in 2023[25]. - The net proceeds from the initial public offering amounted to approximately HKD 18.7 million, which is HKD 2.1 million short of the estimated net proceeds of HKD 20.8 million disclosed in the prospectus[31]. - The company raised approximately HKD 41.7 million from the rights issue, with the net proceeds allocated for performance guarantee reserves (HKD 26.0 million) and purchasing additional vehicles (HKD 7.0 million)[32]. - As of December 31, 2024, the company's asset-liability ratio is approximately 0.2 times, a significant decrease from 0.9 times in 2023[34]. Governance and Compliance - The company has appointed new executive directors with extensive experience in finance and investment management[39][40][41]. - The new executive directors will be responsible for managing the company's investment portfolio and strategic development in China[40]. - The financial management team has a strong background in accounting and corporate finance, enhancing the company's governance[39][45]. - The company is focused on compliance management and operational efficiency in its daily operations[41]. - The independent non-executive directors bring over 20 years of experience in accounting and corporate financing[42][45]. - The company has established specific committees to oversee various aspects of its operations, including audit, remuneration, and nomination[92]. - The company has established a nomination committee responsible for recommending directors and succession planning, consisting of one executive director and two independent non-executive directors[99]. - The company has adopted internal guidelines requiring board approval for significant operational initiatives and investment decisions[90]. - The audit committee consists of three independent non-executive directors, ensuring compliance with applicable accounting standards and GEM Listing Rules[96]. - The board is responsible for identifying key business risks and ensuring appropriate systems are in place to manage those risks[90]. - The company has established a communication policy with shareholders to enhance engagement and transparency since July 18, 2017[113]. - The company has complied with all applicable corporate governance codes as of December 31, 2024[85]. Environmental, Social, and Governance (ESG) Practices - The company is committed to environmental, social, and governance (ESG) practices, integrating sustainability into its business strategy[123]. - The company aims to improve service quality by setting higher standards for sustainable development[125]. - The board of directors is responsible for overseeing the company's ESG strategy and risk management[126]. - A risk management working group has been established to monitor risks related to ESG and ensure effective internal controls[128]. - The company has implemented ISO 14001 standards to minimize environmental pollution in daily operations[125]. - The company encourages suppliers and customers to understand environmental factors to share corporate social responsibility[125]. - The company has committed to enhancing occupational health and safety measures for employees[125]. - The ESG report is prepared in accordance with the GEM Listing Rules and aims for transparency and accuracy in performance reporting[121]. - The company achieved a 55% reduction in absolute greenhouse gas emissions compared to the previous fiscal year[136]. - The total waste paper generated decreased by 34% year-on-year[136]. - Diesel consumption was reduced by 26% and oil consumption decreased by 45%[136]. - Over 90% of the company's vehicles meet the Euro 5 or higher standards, contributing to significant environmental benefits[140]. - Nitrogen oxides (NOx) emissions decreased from 27,110 kg in the previous year to 12,330 kg in the current year[140]. - Sulfur oxides (SOx) emissions reduced from 40 kg to 18 kg year-on-year[140]. - Particulate matter (PM) emissions dropped from 2,106 kg to 751 kg compared to the previous fiscal year[140]. - The company is committed to improving resource efficiency and aims to limit or reduce water and electricity usage to 2021 levels by 2030[150]. - The company continues to monitor waste generation and disposal methods, adhering to waste management principles to minimize environmental impact[145]. - The company has implemented regular maintenance of machinery and tools to promote effective resource usage, ensuring compliance with standards and enhancing asset durability[152]. Employee and Workplace Dynamics - Employee composition for the reporting period shows a total of 645 employees, with 47% male and 53% female, compared to 3,279 employees in the previous year[163]. - The employee turnover rate is reported at 44% for males and 50% for females, indicating a significant change in workforce dynamics[168]. - The average training hours for employees were 20 hours for directors, 15 hours for management, and 2 hours for regular employees[136]. - The company has implemented a series of health and safety measures to ensure employee well-being, including the distribution of sanitizers and masks[175]. - The company emphasizes a performance management mechanism that includes annual evaluations based on specific, measurable, and actionable criteria[171]. - The company has a strict non-discrimination hiring policy to promote diversity and equal opportunities in the workplace[172]. - The average training hours for supervisory employees was 20 hours, while management employees averaged 15 hours during the reporting period[177]. - The company has not recorded any work-related fatalities during the reporting period[176]. - The company encourages employee feedback on safety procedures to enhance workplace safety awareness[175]. Community Engagement and Social Responsibility - The company has donated HKD 5,000 to support community initiatives and has engaged employees in 24 hours of community service activities[190]. - During the reporting period, the company received 83 complaints, which were all properly handled, indicating a significant reduction in complaints compared to previous fiscal years[182]. Compliance and Risk Management - The company has not encountered any significant incidents of non-compliance with anti-corruption laws during the reporting period[189]. - The company emphasizes the importance of intellectual property and ensures that all software used is properly licensed[185]. - The company actively monitors its supply chain and promotes sustainable procurement practices to minimize environmental impact[180]. - The management supports resource investment in various areas to maintain and enhance service quality[182]. - The company has established a whistleblowing mechanism for employees to report potential violations or conflicts of interest anonymously[187].

立高控股有限公司为本地清洁业优质公司之一。公司於1999年成立,名为"卓士清洁有限公司"。在90年 代初,公司发展稳步向上,於2006年8月正式改名为[立高服务有限公司](以下简称︰立高/LSL或Lapco)。立 高於业界拥有多年之经验,由起初为客户提供简便之清洁服务发展至现时为政府机构﹑各大工商构及物 业管理公司提供大型清洁服务。时至今日,公司曾为不同行业提供专业及饭质之清洁服务,例如:各大公营 及私人机构﹑物业管理公司﹑政府部门﹑教育机构等。在选用人材方面,现时立高所聘用之员工超过 2000名,各员工一律经过专业培训,为客户提供专业及优质之服务,成绩有目共睹。为进一步提供更专业及 更优质之清洁服务,公司精益求精,并於1999年获质量保证体系认证证书ISO9002:1994及在2000年提升品 质检定标准至ISO9001:2008。其后更於2005年6月获环境管理体系认证证书ISO14001:2004,这样对客户 有进一步的确定及信心,并且在2007年5月获OHSAS18001:2007职业健康及安全管理体系认证证书。自成 立以来,公司贯彻提供专业及优质之服务态度,不断改进,努力创新。 (以上内容为金融界基 ...

Financial Performance - For the fiscal year ending December 31, 2024, total revenue was HKD 573,390,000, a decrease of 39.5% compared to HKD 948,683,000 in 2023[3] - Gross profit for the same period was HKD 35,854,000, down 38.2% from HKD 58,021,000 in the previous year[3] - The company reported a net profit attributable to owners of HKD 3,385,000, a significant decline of 76.0% from HKD 14,060,000 in 2023[3] - Basic earnings per share decreased to HKD 0.04 from HKD 0.38, representing a drop of 89.5%[3] - The total revenue for the year 2024 is HKD 573.39 million, a decrease of 39.6% from HKD 948.68 million in 2023[15] - Revenue from cleaning services is HKD 440.40 million, down 46.1% from HKD 816.33 million in the previous year[14] - Revenue from pest management services is HKD 13.38 million, a decline of 44.7% compared to HKD 24.11 million in 2023[14] - Revenue from waste management and recycling services is HKD 95.64 million, a decrease of 6.9% from HKD 101.38 million in 2023[15] - The company generated HKD 562.37 million from customer contracts, which is a 40.3% decrease from HKD 942.56 million in the previous year[14] - Government clients contributed HKD 457.80 million, down 44.8% from HKD 830.20 million in 2023[14] Assets and Liabilities - Total assets as of December 31, 2024, were HKD 241,548,000, an increase from HKD 160,861,000 in 2023[4] - Non-current assets rose to HKD 88,770,000 from HKD 46,320,000, reflecting a growth of 91.5%[4] - Current liabilities increased to HKD 179,699,000 from HKD 43,629,000, indicating a rise of 311.5%[4] - As of December 31, 2024, total trade receivables were HKD 46,330,000, a decrease of 63.4% from HKD 126,503,000 in 2023[40] - The aging analysis of trade receivables showed that HKD 18,909,000 was within 30 days, down from HKD 77,670,000 in 2023, indicating a decline in timely payments[41] - The company had overdue trade receivables of HKD 962,000 as of December 31, 2024, compared to HKD 3,002,000 in 2023, showing an improvement in collection[42] - The book value of trade receivables pledged as collateral for bank loans was HKD 32,670,000 in 2024, down from HKD 126,067,000 in 2023[43] - The total liabilities as of December 31, 2024, were HKD 60,805,000, with cleaning services accounting for HKD 20,226,000 of this total[24] Operational Changes and Strategies - The company plans to expand its environmental hygiene services, including cleaning, pest management, waste management, and landscaping services[5] - The company is focused on enhancing its operational efficiency and exploring potential acquisitions to strengthen its market position[5] - The company’s business operations have expanded to include services in mainland China, in addition to its traditional Hong Kong market[13] - The group expanded its main business into the online gaming industry, establishing its first online gaming licensing agreement in April 2024[50] - The group will continue to explore new business opportunities to diversify and enhance returns[49] Employee and Administrative Costs - The company’s total employee costs decreased significantly from HKD 757,789,000 in 2023 to HKD 428,054,000 in 2024, a reduction of approximately 43%[33] - The company’s administrative expenses for the fiscal year ending December 31, 2024, were HKD 35,761,000[22] - Administrative expenses decreased by approximately 4.2% to HKD 35.8 million, representing about 6.2% of total revenue[60] - As of December 31, 2024, the group had 645 full-time and part-time employees, a significant decrease from 3,279 employees in 2023[53] Financial Reporting and Compliance - The company has not applied any new Hong Kong Financial Reporting Standards that are expected to have a significant impact on its financial performance[9] - The company is evaluating the impact of the new Hong Kong Financial Reporting Standard No. 18, but does not anticipate any significant effects on its financial position[11] - The company confirms that the information in the announcement is accurate and complete in all material aspects[92] - The announcement will be available on the GEM website and the company's website for at least seven days from the publication date[92] Dividends and Shareholder Information - The company did not declare any dividends for the year ending December 31, 2024, consistent with 2023[35] - No final dividend is recommended for the year ending December 31, 2024, compared to none in 2023[86] - The next annual general meeting will be held on June 6, 2025[87] - Share transfer registration will be suspended from June 3, 2025, to June 6, 2025[88] Corporate Governance - The company has complied with all applicable corporate governance codes as per GEM listing rules as of December 31, 2024[76] - Three directors, including Mr. Wang Rong, Ms. Liu Jingjing, and Mr. Liang Jiawei, will retire at the next annual general meeting but are eligible and willing to be re-elected[77] - The audit committee consists of three independent non-executive directors, with Mr. Zhou Runzhang serving as the chairman[89] Other Financial Metrics - The company reported other income of HKD 11,915,000 for the fiscal year ending December 31, 2024[22] - The company incurred a loss of HKD 2,431,000 from the sale of a subsidiary during the fiscal year ending December 31, 2024[22] - The company reported a total revenue of HKD 11,915,000 for other income in 2024, compared to HKD 3,805,000 in 2023, representing an increase of approximately 213%[29] - The company incurred a loss of HKD 134,000 from the sale of machinery and equipment in 2024, compared to a loss of HKD 28,000 in 2023, indicating a significant increase in losses[30] - The company’s financing costs decreased to HKD 3,848,000 in 2024 from HKD 5,864,000 in 2023, reflecting a reduction of approximately 34%[33]

LAPCO HOLDINGS LIMITED 立高控股有限公司 （於開曼群島註冊成立的有限公司） 股份代號 : 8472 # In Fi 2024 中期報告 la 香港聯合交易所有限公司（「聯交所」）GEM的特色 GEM的定位，乃為較於聯交所上市的其他公司可能帶有較高投資風險的中小型公司提供一 個上市的市場。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報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。 本報告乃遵照聯交所GEM證券上市規則（「GEM上市規則」）而刊載，旨在提供有關立高控 股有限公司（「本公司」）的資料；本公司董事（「董事」）願就本報告的資料共同及個別地承擔 全部責任。董事在作出一切合理查詢後確認，就彼等所深知及確信，本報告所載資料在各 重要方面均屬準確及完整，沒 ...

Lapco Holdings Limited 立高控股有限公司 （於 開 曼 群 島 註 冊 成 立 的 有 限 公 司） （股 份 代 號：8472） 中期業績 截至二零二四年六月三十日止六個月 香港聯合交易所有限公司（「聯 交 所」）GEM的特色 GEM的 定 位，乃 為 較 於 聯 交 所 上 市 的 其 他 公 司 可 能 帶 有 較 高 投 資 風 險 的 中 小 型 公 司 提 供 一 個 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 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 ...

Business Growth and Opportunities - The company successfully secured more service contracts during the reporting period, contributing to business growth despite challenges from labor shortages and high operational costs[8]. - The company is actively exploring business opportunities in the Greater Bay Area and Southeast Asia[11]. - The company aims to target untapped government departments and private institutions for new tender contracts, leveraging its substantial resources[16]. - The company plans to enhance its service capabilities by investing in vehicles and cleaning equipment to secure more projects[15]. Financial Performance - The company's revenue for the year ended December 31, 2023, decreased by approximately 1.8% to about HKD 948.7 million from HKD 966.3 million in the previous year[19]. - The service cost reduced by approximately 3.0% to about HKD 890.7 million, resulting in a gross profit increase of approximately 21.3% to about HKD 58.0 million[19][26]. - The gross profit margin improved to approximately 6.1% from 5.0% in the previous year[29]. - The profit attributable to shareholders for the reporting period was approximately HKD 14.1 million, down from HKD 20.3 million for the year ended December 31, 2022[33]. - Administrative expenses increased by approximately 8.0% to about HKD 37.3 million, primarily due to legal and professional fees related to various corporate actions[31]. Investments and Future Plans - The company plans to invest in advanced and innovative cleaning machines and equipment to improve service quality and efficiency[9]. - The company plans to enhance its information technology systems to improve operational efficiency, with an allocation of HKD 2.7 million for this purpose[42]. - The company is investing in R&D, allocating $H million towards the development of new technologies and products[54]. - The company is expanding its market presence in regions E and F, aiming to capture a larger share of the market[54]. Corporate Governance and Compliance - The board of directors includes three executive directors and three independent non-executive directors, with changes in appointments noted in May 2023[80]. - The company has established a remuneration committee to review the remuneration policy and structure for all directors and senior management based on the group's operating performance and market practices[96]. - The company has complied with all applicable code provisions of the corporate governance code during the reporting period[107]. - The company has established a risk management framework, with a risk management team that conducts annual assessments of significant risks affecting business objectives[137]. Environmental, Social, and Governance (ESG) Efforts - The company has maintained compliance with environmental protection laws and regulations, emphasizing resource efficiency and waste reduction[68]. - The ESG strategy focuses on pollution prevention, service improvement, and promoting environmental awareness among suppliers and customers[157]. - The company achieved a 7% reduction in absolute greenhouse gas emissions compared to the previous fiscal year[171]. - The company is committed to enhancing workplace health and safety, including measures to address COVID-19 risks[157]. Shareholder and Financial Management - The company does not recommend the payment of a final dividend for the year ended December 31, 2023[20]. - The board will consider various factors, including the company's financial performance and capital expenditure needs, before recommending any dividend distribution[99]. - The company has confirmed that at least 25% of its issued share capital is held by the public as of the report date[100]. - The company has not engaged in the purchase, redemption, or sale of any listed securities during the reporting period[78]. Risk Management and Training - The board is responsible for monitoring the effectiveness of the risk management and internal control systems, which are designed to manage rather than eliminate risks[139]. - The company provides training for directors, with each director receiving at least 15 hours of relevant professional training to update their skills and knowledge[133]. - The company has implemented appropriate liability insurance for its directors and senior officers to cover legal responsibilities arising from company operations[130]. Operational Efficiency and Cost Management - The company aims to enhance operational efficiency and control costs while improving internal monitoring and financial conditions[9]. - The company has implemented cost-saving measures projected to reduce operational expenses by J% over the next year[54]. - The company has established energy-saving principles and green practices in the workplace, including monitoring electricity consumption and maintaining office temperatures between 24 to 26 degrees Celsius during summer[191].

Financial Performance - Revenue for the year ended December 31, 2023, was HKD 948,683,000, a decrease of 1.3% from HKD 966,288,000 in 2022[4] - Gross profit increased to HKD 58,021,000, up 21.4% from HKD 47,834,000 in the previous year[4] - Profit before tax decreased to HKD 18,590,000, down 18.3% from HKD 22,786,000 in 2022[4] - Net profit attributable to owners of the company was HKD 14,060,000, a decline of 30.8% compared to HKD 20,326,000 in the prior year[4] - Basic earnings per share decreased to HKD 0.38 from HKD 0.61, representing a drop of 37.7%[4] - The company reported a total comprehensive income of HKD 20,326,000 for the year ended December 31, 2022, and HKD 14,060,000 for the year ended December 31, 2023[7] - The profit attributable to equity shareholders was approximately HKD 14.1 million, down from HKD 20.3 million in the same period of 2022[59] Assets and Liabilities - Total assets decreased to HKD 150,619,000 from HKD 121,258,000, indicating a growth of 24.2%[6] - Current liabilities decreased to HKD 179,699,000 from HKD 200,723,000, a reduction of 10.5%[6] - Non-current liabilities increased to HKD 49,340,000 from HKD 41,949,000, an increase of 17.1%[6] - Total assets as of December 31, 2023, amounted to HKD 330,318,000, a decrease from HKD 321,981,000 in 2022[28] - Total liabilities as of December 31, 2023, were HKD 229,039,000, compared to HKD 242,672,000 in 2022, indicating a reduction in liabilities[28] - The company's asset-liability ratio improved to approximately 0.9 times as of December 31, 2023, compared to 1.4 times in 2022[83] Equity and Retained Earnings - The company's equity attributable to owners increased to HKD 101,279,000 from HKD 79,309,000, a rise of 27.7%[6] - The total equity increased from HKD 58,983,000 on January 1, 2022, to HKD 101,279,000 by December 31, 2023, reflecting a growth of approximately 71.5%[7] - The retained earnings rose significantly from HKD 12,570,000 at the beginning of 2022 to HKD 46,956,000 by the end of 2023, indicating an increase of about 273.5%[7] Revenue Breakdown - Revenue from cleaning services increased to HKD 816,330,000 in 2023, up 3.1% from HKD 786,807,000 in 2022[20] - Revenue from pest management services decreased significantly to HKD 24,111,000 in 2023, down 61.3% from HKD 62,381,000 in 2022[21] - Waste management and recycling services revenue fell to HKD 101,381,000 in 2023, a decline of 12.8% from HKD 116,278,000 in 2022[21] - New revenue streams from car sales and leasing amounted to HKD 6,120,000 in 2023, indicating diversification efforts[21] Expenses and Costs - Administrative expenses increased to HKD 37,343,000 in 2023 from HKD 34,577,000 in 2022[26] - Financing costs rose to HKD 5,864,000 in 2023, compared to HKD 4,507,000 in 2022[26] - Service costs reduced by about 3.0% to approximately HKD 890.7 million, compared to HKD 918.5 million in 2022[59] Cash Flow and Liquidity - The company’s cash and bank balances stood at HKD 72,277,000 as of December 31, 2023, compared to HKD 21,084,000 in 2022, showing a significant increase in liquidity[28] - As of December 31, 2023, the group maintained a net cash position with total bank borrowings of approximately HKD 54.7 million, down from HKD 78.5 million in 2022[74] - The current ratio improved to approximately 1.3 times, compared to 1.1 times in the previous year, indicating better liquidity management[74] Future Plans and Market Outlook - The company plans to focus on market expansion and new product development in the upcoming year[2] - The company plans to continue focusing on expanding its cleaning and waste management services in the Hong Kong market[25] - The company aims to secure more tender contracts from government departments and private organizations that currently do not use its services[56] - The company is optimistic about the future of the environmental hygiene service industry due to increasing public awareness of hygiene and health[58] Corporate Governance and Compliance - The company has complied with all applicable corporate governance codes as of December 31, 2023[85] - The audit committee confirmed that the annual performance complies with applicable accounting standards and GEM listing rules[100] - The group has disclosed its financial results in accordance with the relevant legal requirements[104] Dividends and Shareholder Information - The company did not declare or propose any dividends for the year ended December 31, 2023, consistent with 2022[37] - The board of directors does not recommend the payment of a final dividend for the year ending December 31, 2023, consistent with the previous year[96] - The next annual general meeting is scheduled for May 7, 2024, with a notice to be published in due course[97]

（於開曼群島註冊成立的有限公司） 股份代號 : 8472 LAPCO HOLDINGS LIMITED 立高控股有限公司 2023 第三季度業績報告 香港聯合交易所有限公司（「聯交所」）GEM的特色 GEM的定位，乃為較於聯交所上市的其他公司可能帶有較高投資風險的中小型公司提供一 個上市的市場。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報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。 本報告乃遵照聯交所GEM證券上市規則（「GEM上市規則」）而刊載，旨在提供有關立高控 股有限公司（「本公司」）的資料；本公司董事（「董事」）願就本報告的資料共同及個別地承擔 全部責任。董事在作出一切合理查詢後確認，就彼等所深知及確信，本報告所載資料在各 重要方面均屬準確及完整，沒有誤導或欺詐成 ...

Lapco Holdings Limited 立高控股有限公司 （於開曼群島註冊成立的有限公司） （股份代號：8472） 第 三 季 度 業 績 截 至 二 零 二 三 年 九 月 三 十 日 止 九 個 月 香港聯合交易所有限公司（「聯交所」）GEM的特色 GEM的定位，乃為較於聯交所上市的其他公司可能帶有較高投資風險的中小 型公司提供一個上市的市場。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。 本公告乃遵照聯交所GEM證券上市規則（「GEM上市規則」）而刊載，旨在提供有 關立高控股有限公司（「本公司」）的資料；本公司董事（「董事」）願就本公告的資 料共同及個別地承擔全部責任。董事在作出一切合理查詢後確認，就彼等所深 知及確 ...

Financial Performance - For the six months ended June 30, 2023, total revenue was HKD 485,442,000, an increase of 7.2% compared to HKD 450,691,000 for the same period in 2022[4] - Gross profit for the six months ended June 30, 2023, was HKD 26,783,000, representing a 14.8% increase from HKD 23,478,000 in the previous year[4] - The net profit attributable to owners for the six months ended June 30, 2023, was HKD 7,715,000, down 18.7% from HKD 9,482,000 in the same period of 2022[4] - Basic earnings per share for the six months ended June 30, 2023, was HKD 1.87, a decrease of 21.1% compared to HKD 2.37 for the same period in 2022[4] - The company reported a profit before tax of HKD 9,016,000 for the six months ended June 30, 2023, down from HKD 10,621,000 in the same period of 2022, indicating a slight decline in profitability[21] - The after-tax net profit declined by approximately 18.6% from HKD 9.5 million to HKD 7.7 million, attributed to reduced government subsidies and increased administrative expenses[52] Assets and Liabilities - As of June 30, 2023, total assets amounted to HKD 231,221,000, slightly up from HKD 228,601,000 at the end of 2022[6] - The total assets as of June 30, 2023, amounted to HKD 318,184,000, while total liabilities were HKD 223,247,000, resulting in a net asset position[23] - The total assets as of June 30, 2023, amounted to HKD 321,981,000, with total liabilities at HKD 242,672,000, resulting in a net asset value of HKD 79,309,000[25] - Bank and other borrowings decreased to HKD 45,661,000 as of June 30, 2023, from HKD 58,508,000 as of December 31, 2022, a decline of approximately 22%[40] - The debt-to-equity ratio as of June 30, 2023, was 23.9%, significantly improved from 76.5% on December 31, 2022[58] Cash Flow - For the six months ended June 30, 2023, the net cash generated from operating activities was HKD 28,899,000, compared to a net cash used of HKD 14,011,000 in the same period of 2022, representing a significant improvement[9] - The net cash used in investing activities for the six months ended June 30, 2023, was HKD 2,012,000, a decrease from HKD 29,015,000 in the same period of 2022, indicating improved cash management[9] - The net cash used in financing activities for the six months ended June 30, 2023, was HKD 3,245,000, compared to a net cash generated of HKD 19,379,000 in the same period of 2022, showing a shift in financing strategy[9] - Cash and cash equivalents increased to HKD 44,726,000 as of June 30, 2023, compared to HKD 21,084,000 at the end of 2022[6] Shareholder Activities - The company completed a placement of 80,000,000 shares at a price of HKD 0.1 per share, raising approximately HKD 7,910,000 in net proceeds[8] - The company issued exchangeable bonds amounting to HKD 20 million, with an initial exchange price of HKD 400 per share, representing a premium of 13.4% over the net asset value[43] - A share consolidation was approved, merging every 20 existing shares into one share with a par value of HKD 0.2, effective from August 1, 2023[50] - The company completed a placement of 80,000,000 shares at a price of HKD 0.1 per share, resulting in net proceeds of approximately HKD 7.91 million[78] Operational Insights - The company plans to continue exploring market expansion opportunities and new product development to drive future growth[3] - The company continues to focus on expanding its environmental hygiene services, which include cleaning, pest management, waste management, and gardening services, to enhance market presence[20] - The group aims to secure more tender contracts from currently untapped Hong Kong government departments and private entities, leveraging its substantial resources[55] - The group plans to enhance brand awareness and competitiveness through strengthening its sales and marketing teams in the coming years[57] - The group has a positive outlook on the environmental hygiene services industry, driven by increasing public awareness of hygiene and health[57] Employee and Administrative Costs - Employee costs totaled HKD 392,914,000 for the six months ended June 30, 2023, up from HKD 353,623,000 in the previous year, representing an increase of about 11.1%[27] - The company reported a decrease in administrative expenses to HKD 17,707,000 for the six months ended June 30, 2023, down from HKD 15,869,000 in the previous year[4] - Administrative expenses increased by approximately 11.6% from HKD 15.9 million to HKD 17.7 million, mainly due to a rise in professional fees related to the issuance of exchangeable bonds and new shares[51] Corporate Governance - The company has adopted a code of conduct for directors' securities transactions, adhering to the standards set forth in the GEM Listing Rules[85] - The company has complied with all applicable corporate governance code provisions during the reporting period[86] - The Audit Committee, established on June 24, 2017, is responsible for reviewing the financial statements and internal control systems[89] - The Remuneration Committee, also established on June 24, 2017, provides recommendations on the remuneration policies for all directors and senior management[90] - The Nomination Committee, established on June 24, 2017, is responsible for providing recommendations on the appointment of directors[92]