Financial Performance - The company recorded a revenue growth of 4.5% for the fiscal year ending March 31, 2021, despite a challenging retail environment due to COVID-19[17]. - Profit attributable to the company's owners increased by approximately 44.3% from about HKD 22.9 million to approximately HKD 33 million for the fiscal year ending March 31, 2021[17]. - The group's revenue for the year ended March 31, 2021, was approximately HKD 148,900,000, an increase of about 4.5% from HKD 142,500,000 in the previous year[22]. - Gross profit for the same period was approximately HKD 97,900,000, reflecting a 7.1% increase from HKD 91,400,000 in the prior year[22]. - Profit attributable to the company's owners for the year was approximately HKD 27,100,000, a significant increase of about 71.2% from HKD 15,900,000 in the previous year[22]. - Revenue growth was primarily driven by an increase in online sales, which rose by approximately HKD 10,500,000, despite a decrease in retail store sales by about HKD 2,700,000[24]. - The gross profit margin improved from approximately 64.2% to 65.8%, attributed to a higher proportion of sales from exclusive and self-branded products[27]. - Other income increased significantly to approximately HKD 3,600,000, up from HKD 200,000, mainly due to foreign exchange gains and government subsidies[28]. - Selling and distribution expenses decreased by approximately 5.9% to about HKD 32,600,000, primarily due to reduced marketing expenses and employee costs[29]. - The effective tax rate for the year ended March 31, 2021, was approximately 16.6%, lower than the previous year's 23.5%, due to non-taxable government subsidies[32]. Online Sales and Digital Strategy - Online sales revenue increased by 96.1% as the company enhanced its self-operated online store and digital customer services[17]. - The company has completed the upgrade and enhancement of its self-operated online store, integrating it with the sales point system[57]. - The company has increased staff to handle customer service and orders for the self-operated online store due to anticipated increases in online customer traffic[59]. - The management team emphasized a focus on digital marketing strategies, aiming for a 40% increase in online sales[1]. Retail Expansion and Operations - The company plans to gradually implement its retail store expansion plan while improving operational efficiency[18]. - The company will focus on enhancing retail store services and launching new products to improve customer shopping experiences[18]. - The company has been actively seeking suitable locations for new retail stores in Kowloon Bay, Mong Kok, Kwun Tong, and Causeway Bay since its listing[50]. - The company plans to open two new retail stores in Hong Kong, closely monitoring the market environment for prudent and cost-effective expansion[53]. - The company successfully opened a new retail store in Kwun Tong in April 2019, following the relocation of its original store in Causeway Bay to a larger space[50]. Dividends and Shareholder Returns - The board proposed a final dividend of HKD 0.006 per share for the fiscal year ending March 31, 2021[17]. - The company proposed a final dividend of HKD 0.006 per share, totaling approximately HKD 6,700,000, compared to no dividend in the previous year[22]. - The board of directors approved a dividend payout of $0.50 per share, reflecting confidence in the company's financial health[1]. Governance and Compliance - The board of directors consists of eight members, with five being female and three male, reflecting a commitment to gender diversity[101]. - The company has adopted a diversity policy to enhance decision-making capabilities and reduce groupthink, considering factors such as gender, age, nationality, and professional experience[101]. - The company has established three committees: Audit Committee, Remuneration Committee, and Nomination Committee, each with defined responsibilities[110]. - The board is responsible for leading and monitoring the company's operations and financial performance, ensuring effective internal controls and risk management[97]. - The company maintains compliance with corporate governance standards, ensuring transparency and accountability in its operations[94]. Environmental, Social, and Governance (ESG) Initiatives - The company emphasizes the importance of environmental, social, and governance (ESG) performance to meet stakeholder expectations and support sustainable development[148]. - The company aims to continuously improve its ESG performance to meet stakeholder expectations and address associated risks[160]. - The group reported a total of approximately 93 tons of Scope 2 greenhouse gas emissions during the reporting period, a decrease from 114 tons in 2020, averaging about 7.8 tons per month[167]. - The group generated no hazardous waste during the reporting period, maintaining a record of zero pollution to water and land[170]. - The company is committed to reducing emissions and waste generated during its operations, reflecting its dedication to environmental protection[161]. Employee and Workforce Management - The company employed 79 full-time and 11 part-time employees as of March 31, 2021, with total employee costs around HKD 28,900,000[46]. - Total number of employees at the end of the reporting period was 90, up from 89 in the previous year[189]. - Overall employee turnover rate was 22%, down from 25% in the previous year, indicating improved employee retention[195]. - The company has implemented an annual performance review plan to motivate employees and ensure fair compensation[199]. - The employee structure remains stable, with a focus on equal opportunities regardless of gender, family status, or race[187].

Financial Performance - For the three months ended December 31, 2020, the company reported revenue of HKD 38,157,000, an increase from HKD 36,181,000 in the same period of 2019, representing a growth of 5.4%[8] - The gross profit for the same three-month period was HKD 24,375,000, compared to HKD 23,533,000 in 2019, indicating a year-on-year increase of 3.6%[8] - The net profit for the three months ended December 31, 2020, was HKD 8,533,000, up from HKD 4,658,000 in the previous year, reflecting an increase of 83.5%[8] - For the nine months ended December 31, 2020, total revenue reached HKD 105,933,000, slightly higher than HKD 105,576,000 in the same period of 2019, showing a marginal growth of 0.3%[8] - The total comprehensive income for the nine months ended December 31, 2020, was HKD 21,984,000, significantly higher than HKD 11,110,000 in the previous year, representing a growth of 97.5%[8] - The company reported a basic earnings per share of HKD 0.76 for the three months ended December 31, 2020, compared to HKD 0.42 in the same period of 2019, marking an increase of 81%[8] - Basic earnings per share for the three months ended December 31, 2020, was HKD 8,533, compared to HKD 4,658 in 2019, representing an increase of 83.5%[28] - The group’s revenue increased from approximately HKD 105,600,000 to HKD 105,900,000, a growth of about 0.3% due to an increase in online sales by approximately HKD 9,200,000[35] - Gross profit rose from approximately HKD 67,200,000 to HKD 69,200,000, an increase of about 3.1%, with the gross margin improving from approximately 63.6% to 65.4%[37] - Net profit surged from approximately HKD 11,100,000 to HKD 22,000,000, an increase of about 97.9%, with the net profit margin rising from approximately 10.5% to 20.8%[44] - Basic earnings per share increased from approximately HKD 0.99 to HKD 1.96, reflecting an increase of about HKD 0.97[45] Financial Position - The company’s retained earnings increased to HKD 98,051,000 as of December 31, 2020, up from HKD 76,067,000 at the beginning of the period, indicating a growth of 29%[10] - The company has maintained a stable financial position with total equity reaching HKD 147,062,000 as of December 31, 2020, compared to HKD 125,078,000 at the start of the period[10] - The group has no significant capital commitments or contingent liabilities as of December 31, 2020[48][50] Strategic Plans - The company plans to continue expanding its product offerings and market presence, focusing on beauty and health products[13] - The management remains optimistic about future growth prospects, driven by ongoing product development and market expansion strategies[13] - The company plans to transfer its shares from GEM to the Main Board, indicating a strategic move for market expansion[23] - The group aims to enhance competitiveness by expanding its sales network, enriching its product portfolio, and developing its e-commerce business[34] - The group believes it is well-positioned to seize growth opportunities in the skincare and cosmetics market in Hong Kong[34] Corporate Governance - The company has adhered to the corporate governance code, with a noted deviation regarding the separation of the roles of Chairman and CEO[65] - The board believes that having Ms. Yuan Miming serve as both Chairman and CEO is in the best interest of the group[66] - The board is committed to good corporate governance standards to protect shareholder interests and enhance corporate value[64] - The audit committee has been established in accordance with GEM Listing Rules and consists of three independent non-executive directors[69] - The audit committee's main responsibilities include independent review of internal audit functions, financial reporting procedures, internal controls, and risk management systems[69] - The audit committee has reviewed the unaudited quarterly results for the nine months ended December 31, 2020[69] Shareholder Information - As of December 31, 2020, Prime Era Holdings Limited holds 559,000,000 shares, representing 49.9% of the company's equity[58] - Ms. Xing Jiajue owns 251,000,000 shares, accounting for 22.4% of the company's equity[58] - The company has not disclosed any other individuals with 5% or more equity interests apart from those mentioned[59] Dividends - The company did not recommend any interim dividend for the nine months ended December 31, 2020, compared to HKD 6,720,000 in dividends for the same period in 2019[30] - The group did not declare or propose any dividends for the nine months ended December 31, 2020[47] Other Financial Details - The pre-tax profit for the three months ended December 31, 2020, was HKD 5,222,000, down from HKD 6,592,000 in 2019, a decrease of 20.8%[23] - The income tax expense for the three months ended December 31, 2020, was HKD 1,966,000, compared to HKD 1,566,000 in 2019, an increase of 25.5%[25] - The total employee benefit expenses for the three months ended December 31, 2020, were HKD 5,222,000, down from HKD 6,592,000 in 2019, a decrease of 20.8%[23] - The company has applied the revised Hong Kong Financial Reporting Standards, which did not have a significant impact on the financial performance for the current and prior periods[20] - Other income increased significantly from approximately HKD 500,000 to HKD 3,900,000, a rise of about 772.7%, mainly due to foreign exchange gains and government subsidies[38] - The company has not granted any stock options under its stock option plan since its adoption on January 23, 2018[61] - There were no purchases, sales, or redemptions of the company's listed securities during the nine months ended December 31, 2020[67] - The company has no interests in any competing businesses as of December 31, 2020[63]

Financial Performance - The group's revenue decreased from approximately HK$69,400,000 for the six months ended September 30, 2019, to approximately HK$67,800,000 for the six months ended September 30, 2020, a decline of about HK$1,600,000 or approximately 2.3%[6] - The gross profit for the six months ended September 30, 2020, was approximately HK$44,900,000, an increase of about 2.9% compared to HK$43,600,000 for the same period in 2019[6] - The profit attributable to owners of the company for the six months ended September 30, 2020, was approximately HK$13,500,000, representing an increase of about 108.5% from HK$6,500,000 for the same period in 2019[6] - Excluding non-recurring legal and professional fees related to the proposed transfer of the company's shares from GEM to the main board, the profit attributable to owners of the company was approximately HK$17,300,000 for the six months ended September 30, 2020, compared to HK$11,100,000 for the same period in 2019[6] - Revenue for the six months ended September 30, 2020, was HKD 67,776,000, a decrease of 2.4% compared to HKD 69,395,000 for the same period in 2019[14] - Gross profit for the same period was HKD 44,863,000, representing a gross margin of 66.1%[14] - Net profit for the six months ended September 30, 2020, was HKD 13,451,000, an increase of 106.5% compared to HKD 6,452,000 in the prior year[14] - Basic earnings per share increased to HKD 1.20 from HKD 0.58, reflecting a growth of 106.9%[14] - The company reported a profit of HKD 13,451,000 for the six months ended September 30, 2020, compared to HKD 6,452,000 in 2019, marking an increase of 108.8%[34] - Basic earnings per share for the six months ended September 30, 2020, were HKD 13,451,000 compared to HKD 6,452,000 for the same period in 2019, representing a 108.8% increase[47] Cash Flow and Assets - Cash generated from operating activities for the six months was HKD 23,977,000, up from HKD 15,800,000 in the previous year[19] - Total assets less current liabilities increased to HKD 143,348,000 from HKD 127,174,000, indicating a growth of 12.7%[16] - The company's cash and cash equivalents at the end of the period were HKD 94,201,000, compared to HKD 72,116,000 at the end of the previous year[19] - Non-current liabilities, specifically lease liabilities, rose to HKD 4,819,000 from HKD 2,096,000, reflecting an increase of 130.0%[16] - The total equity of the company increased to HKD 138,529,000 from HKD 125,078,000, a growth of 10.8%[16] Revenue Sources - Revenue from retail stores for the six months ended September 30, 2020, was HKD 57,755,000, down 9.2% from HKD 63,735,000 in 2019[30] - Online store revenue increased significantly to HKD 9,224,000 for the six months ended September 30, 2020, compared to HKD 2,934,000 in 2019, representing a growth of 214.5%[30] - The skincare product revenue for the six months ended September 30, 2020, was HKD 49,468,000, slightly up from HKD 49,115,000 in 2019[37] - The company reported a total of HKD 2,460,000 in revenue from other products for the six months ended September 30, 2020, down from HKD 4,488,000 in 2019[37] Expenses and Costs - The total employee costs for the six months ended September 30, 2020, were HKD 11,526,000, a decrease from HKD 13,184,000 in 2019[40] - Sales cost reduced from approximately HKD 25,800,000 to approximately HKD 22,900,000, a decrease of about 11.1%, primarily due to increased sales of exclusive skincare products and favorable exchange rates[65] - Selling and distribution expenses decreased from approximately HKD 17,500,000 to approximately HKD 14,100,000, a decline of about 19.1%[67] - Administrative and operating expenses fell from approximately HKD 17,500,000 to approximately HKD 16,200,000, a decrease of about 7.5%[69] - Employee costs, including director remuneration, were approximately HKD 11,500,000 for the six months ended September 30, 2020, down from HKD 13,200,000 for the same period in 2019, representing a decrease of about 12.83%[85] Dividends - The board of directors decided not to recommend any interim dividend for the six months ended September 30, 2020, consistent with the same period in 2019[7] - The company did not declare any interim dividend for the six months ended September 30, 2020, compared to HKD 6,720,000 in dividends declared for the same period in 2019[45] - The company declared dividends of HKD 6,720,000 during the period, impacting retained earnings[17] Strategic Initiatives - The company aims to enhance competitiveness by expanding its sales network, enriching its product portfolio, and developing its e-commerce business[62] - The group plans to continue opening two new retail stores in Hong Kong, one in a prime shopping area (Mong Kok) and another in a local shopping area (Kowloon Bay or Tai Po), while closely monitoring the retail market environment[92] - The group has successfully renovated eight existing retail stores, with plans for further renovations delayed due to the postponement of store expansion plans[92] - The group has upgraded its self-operated online store and integrated it with the sales point system, anticipating an increase in online customer traffic[97] - The company aims to enhance its self-operated online store, with an allocation of HKD 1,000,000, of which HKD 312,000 has been utilized so far[99] Shareholder Information - Prime Era holds a 49.9% stake in the company, representing 559,000,000 shares, making it the largest shareholder[107] - Another significant shareholder, Ms. Xing Jiajue, holds 22.4% of the shares, amounting to 251,000,000 shares[107] Corporate Governance - The company has adopted the GEM Listing Rules and confirmed that all directors complied with the trading standards for the six months ended September 30, 2020[112] - There were no interests held by directors or controlling shareholders in any competing businesses during the six months ended September 30, 2020[113] - The company has established an audit committee consisting of three independent non-executive directors to oversee financial reporting and risk management[118] - The company believes that having the same individual serve as both Chairman and CEO is in the best interest of the group, despite deviating from corporate governance guidelines[115]

Financial Performance - Revenue for the three months ended June 30, 2020, was HKD 29,436,000, a decrease of 6.8% compared to HKD 31,589,000 for the same period in 2019[7] - Gross profit for the same period was HKD 19,356,000, with a gross margin of 65.7%, slightly down from HKD 19,641,000 and a margin of 62.1% in 2019[7] - Profit before tax increased to HKD 5,878,000, representing a 27.1% increase from HKD 4,626,000 in the previous year[7] - Net profit for the period was HKD 4,614,000, up 16.9% from HKD 3,943,000 in the same quarter of 2019[7] - Basic earnings per share increased to HKD 0.41, compared to HKD 0.35 for the same period last year, reflecting a growth of 17.1%[7] - The group reported a pre-tax profit of HKD 4,614,000 for the three months ended June 30, 2020, compared to HKD 3,943,000 for the same period in 2019[29] - Net profit increased from approximately HKD 3,900,000 to approximately HKD 4,600,000, an increase of about 17.0%, with the net profit margin rising from approximately 12.5% to approximately 15.7%[45] - Basic earnings per share increased from approximately HKD 0.35 to approximately HKD 0.41, an increase of about HKD 0.06[47] Revenue Breakdown - Revenue from retail store sales decreased by approximately HKD 2,800,000, primarily due to the outbreak of COVID-19[35] - Revenue from consignment sales decreased by approximately HKD 1,000,000, attributed to the cessation of previous consignment arrangements and new distribution agreements[35] - Revenue from the self-operated online store increased by approximately HKD 1,800,000 during the same period[35] - The group's revenue for the three months ended June 30, 2020, was approximately HKD 29,436,000, a decrease of about 6.8% from approximately HKD 31,600,000 for the same period in 2019[35] Expenses and Costs - The total employee benefit expenses amounted to HKD 5,710,000, down from HKD 6,531,000 in the previous year[23] - Selling and distribution expenses decreased from approximately HKD 8,500,000 to approximately HKD 6,900,000, a decline of about 18.8%[40] - Administrative and operating expenses rose from approximately HKD 6,300,000 to approximately HKD 8,400,000, an increase of about 33.4%[42] - The group's sales cost decreased from approximately HKD 11,900,000 for the three months ended June 30, 2019, to approximately HKD 10,100,000 for the same period in 2020, a decline of about 15.6%[36] Equity and Dividends - Total equity as of June 30, 2020, was HKD 129,692,000, an increase from HKD 125,078,000 as of April 1, 2020[11] - The group did not declare or propose any dividends for the three months ended June 30, 2020[30] - The group did not declare or recommend any dividends for the three months ended June 30, 2020, consistent with the same period in 2019[49] Strategic Focus and Outlook - The company continues to focus on multi-brand beauty and health product retailing in Hong Kong, indicating a commitment to market expansion[14] - Future outlook remains cautiously optimistic, with management emphasizing the importance of adapting to market conditions[14] - The company is actively monitoring potential acquisition opportunities to enhance its market position[14] - The group aims to enhance competitiveness through expanding the sales network, enriching the product portfolio, and developing e-commerce business[33] Corporate Governance and Compliance - The board has confirmed compliance with the trading standards as of June 30, 2020[62] - No interests in competing businesses were reported by directors or major shareholders as of June 30, 2020[64] - The company has adhered to the corporate governance code, with a noted deviation regarding the separation of roles between the chairman and CEO[67] - The audit committee, consisting of three independent non-executive directors, has reviewed the unaudited quarterly results for the period ending June 30, 2020[70] Other Information - The company has not disclosed any new product launches or technological developments during this reporting period[14] - There were no significant capital commitments or major investment acquisitions or disposals during the three months ended June 30, 2020[50][51] - Prime Era holds 780,000,000 shares, representing 69.6% of the company's equity[59] - The company has not granted any options under the share option scheme since its adoption on January 23, 2018[61] - No purchase, sale, or redemption of the company's listed securities occurred during the three months ending June 30, 2020[68]

Financial Performance - MI MING Mart Holdings Limited reported a significant increase in revenue, achieving a total of HKD 150 million for the fiscal year 2019/2020, representing a growth of 20% compared to the previous year[22]. - The group's revenue for the year ended March 31, 2020, was approximately HKD 142.5 million, a decrease of about 4.8% compared to HKD 149.7 million in the previous year[54]. - The gross profit for the same period was approximately HKD 91.4 million, down about 2.2% from HKD 93.5 million in the previous year[54]. - The profit attributable to the company's owners for the year was approximately HKD 22.9 million, a decrease of about 17.1% from HKD 27.6 million in the previous year[54]. - The company reported a net profit margin of 12%, reflecting improved operational efficiency and cost management[22]. - The company anticipates a revenue growth forecast of 15% for the next fiscal year, supported by ongoing marketing campaigns and product diversification[22]. Retail Expansion and Marketing - The company expanded its retail presence by opening three new specialty stores, contributing to a 15% increase in customer footfall[8]. - MI MING Mart's proprietary brand sales grew by 30%, driven by the introduction of new product lines and enhanced marketing strategies[22]. - The company plans to enhance its existing online store and actively develop its e-commerce business in response to changing consumer shopping habits[50]. - The company aims to increase its market share by 10% through strategic partnerships and collaborations with local suppliers[22]. - The marketing strategy focuses on enhancing brand image and customer loyalty through high-quality beauty and health products selected by the senior management team[97]. Sustainability and ESG Initiatives - MI MING Mart is committed to sustainability, with 100% of its products being cruelty-free and free from harmful chemicals[2]. - The environmental, social, and governance (ESG) report covers the period from April 1, 2019, to March 31, 2020, detailing the company's progress in ESG initiatives across 12 locations, including 10 retail stores and warehouses in Hong Kong[175]. - The board emphasizes the importance of excellent ESG performance to meet stakeholder expectations and support sustainable development[177]. - The company maintains a commitment to providing products that do not harm health, aligning with its core philosophy since its establishment in 2009[176]. - The company has increased its focus on community development and charitable contributions as part of its social responsibility initiatives[183]. Operational Efficiency and Challenges - The group will continue to improve operational efficiency and focus on enhancing the quality of service in retail stores while introducing new products[50]. - The company has faced challenges due to the COVID-19 pandemic, which has impacted customer foot traffic and sales[49]. - The board believes that the trend towards online shopping will continue even after the pandemic, as consumers have become increasingly reliant on e-commerce[50]. - The company aims to utilize a new integrated system to collect data and study customer shopping patterns to further improve operational efficiency[50]. Corporate Governance - The company has adopted and complied with the corporate governance code since its listing date on February 12, 2018[114]. - The board believes that good corporate governance standards are essential for protecting shareholder interests and enhancing corporate value[114]. - The company has established written guidelines for employees regarding securities trading, which comply with the standards set forth in the GEM Listing Rules[116]. - The board consists of independent non-executive directors with extensive experience in various industries, including telecommunications and pharmaceuticals[108][105]. - The company has implemented monitoring procedures to ensure unauthorized access to insider information is strictly prohibited[159]. Employee and Management - The group employed a total of 78 full-time employees and 11 part-time employees as of March 31, 2020, compared to 73 full-time and 15 part-time employees in 2019[76]. - Employee costs, including director remuneration, amounted to approximately HKD 29.4 million for the year ending March 31, 2020, up from HKD 27.9 million in 2019, representing a year-on-year increase of about 5.4%[76]. - The company has a diverse management team with qualifications from prestigious universities, enhancing its strategic decision-making capabilities[106][109]. Risk Management - The board is responsible for evaluating the nature and extent of risks the company is willing to take in achieving its strategic objectives, establishing and maintaining effective risk management and internal control systems[157]. - The board has conducted an annual review of the risk management and internal control systems in April 2020, confirming that these systems are effective and adequate[160]. - The company has identified key risks and prioritized them based on their likelihood and impact, with management evaluating the potential occurrence of these risks[158]. Financial Management - The company has engaged Deloitte as its external auditor, with fees for audit services amounting to HKD 1,023,000 and non-audit services totaling HKD 1,026,000, leading to a total of HKD 2,049,000[166]. - The company has adopted a dividend policy on December 27, 2018, which guides the board in determining whether to declare and pay dividends, considering future operations, profitability, funding needs, and overall financial condition[161].

MI MING MART HOLDINGS LIMITED 彌 明 生 活 百 貨 控 股 有 限 公 司 （於開曼群島註冊成立的有限公司） 股份代號：8473 ar 香港聯合交易所有限公司（「聯交所」）GEM的特色 GEM的定位，乃為中小型公司提供一個上市的市場，此等公司相比起其他在聯交所上市 的公司帶有較高投資風險。有意投資的人士應了解投資於該等公司的潛在風險，並應經 過審慎周詳的考慮後方作出投資決定。 由於GEM上市公司普遍為中小型公司，在GEM買賣的證券可能會較於主板買賣之證券承 受較大的市場波動風險，同時無法保證在GEM買賣的證券會有高流通量的市場。 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依賴該等 內容而引致的任何損失承擔任何責任。 本報告載有遵照聯交所GEM證券上市規則（「GEM上市規則」）的規定而提供有關彌明生活 百貨控股有限公司（「本公司」）資料的詳情，本公司董事（「董事」）就本報告共同及個別地 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 料在各重大方面 ...

Financial Performance - The group's revenue increased slightly from approximately HK$69,100,000 for the six months ended September 30, 2018, to approximately HK$69,400,000 for the six months ended September 30, 2019, representing a growth of about HK$300,000 or approximately 0.4%[7] - The gross profit for the six months ended September 30, 2019, was approximately HK$43,600,000, an increase of about 4.3% compared to HK$41,800,000 for the same period in 2018[7] - The profit attributable to owners of the company for the six months ended September 30, 2019, was approximately HK$6,500,000, a decrease of about 39.2% from HK$10,600,000 for the same period in 2018[7] - Excluding non-recurring legal and professional fees related to the proposed transfer of the company's listing from GEM to the main board, the profit attributable to owners of the company was approximately HK$11,100,000 for the six months ended September 30, 2019, compared to HK$10,600,000 for the same period in 2018[7] - Revenue for the six months ended September 30, 2019, was HKD 69,395,000, an increase from HKD 69,101,000 for the same period in 2018, representing a growth of 0.4%[17] - Gross profit for the six months ended September 30, 2019, was HKD 43,619,000, compared to HKD 41,813,000 in the previous year, reflecting an increase of 4.3%[17] - The net profit for the six months ended September 30, 2019, was HKD 6,452,000, down from HKD 10,617,000 in the same period of 2018, indicating a decrease of 39.5%[17] - Basic earnings per share for the six months ended September 30, 2019, was HKD 0.58, compared to HKD 0.95 for the same period in 2018, a decline of 38.9%[17] Cash Flow and Assets - Cash and cash equivalents at the end of the period were HKD 72,116,000, down from HKD 91,873,000 at the end of the previous year, a decrease of 21.5%[24] - The company reported a net cash outflow from operating activities of HKD 15,800,000 for the six months ended September 30, 2019, compared to HKD 9,972,000 in the same period of 2018, an increase of 58.4%[24] - Total assets less current liabilities amounted to HKD 119,639,000 as of September 30, 2019, compared to HKD 115,946,000 as of March 31, 2019, an increase of 3.0%[19] - Non-current assets, including property, plant, and equipment, were valued at HKD 33,597,000 as of September 30, 2019, significantly higher than HKD 2,711,000 as of March 31, 2019[19] Dividends and Shareholder Returns - The board of directors decided not to declare any interim dividend for the six months ended September 30, 2019, compared to an interim dividend of HK$0.009 per share totaling approximately HK$10,100,000 for the same period in 2018[8] - The company did not recommend any interim dividend for the six months ended September 30, 2019, compared to a dividend of HKD 0.009 per share in the same period of 2018[86] Operational Changes and Future Plans - The company plans to continue expanding its marketing and distribution of beauty and health products in Hong Kong[28] - The group aims to enhance competitiveness by expanding its sales network and enriching its product portfolio while maintaining its leading position in the multi-brand retail segment of skincare and cosmetics in Hong Kong[104] - The group will closely monitor the retail market environment in Hong Kong due to uncertainties from the US-China trade war and recent protests affecting foot traffic in major shopping areas[104] - The group successfully opened five new retail stores in locations including Kowloon Bay and Mong Kok, contributing to the expansion of its retail network[131] - Four existing retail stores were renovated, with completion expected by the end of 2019[136] Accounting Standards and Policies - The company has adopted the new Hong Kong Financial Reporting Standards (HKFRS) No. 16, which replaces HKAS 17, effective from the current interim period[34] - The application of HKFRS No. 16 has resulted in significant changes in accounting policies, particularly in the recognition of right-of-use assets and lease liabilities[38] - Right-of-use assets are measured at cost, which includes the initial measurement of lease liabilities and any initial direct costs incurred by the company[41] - Lease liabilities are recognized at the present value of unpaid lease payments, using the incremental borrowing rate if the implicit rate is not readily determinable[47] - The company will present right-of-use assets as a separate line item in the consolidated financial position statement[44] - The company will reassess lease liabilities whenever there is a change in lease term or assessment of purchase options, adjusting the corresponding right-of-use assets accordingly[51] - The company has determined that it will acquire ownership of the leased assets at the end of the lease term, depreciating the right-of-use assets over the shorter of the lease term or estimated useful life[43] - The company will account for lease modifications as separate leases if they expand the scope of the lease by adding the right to use one or more underlying assets[53] - The initial measurement of lease liabilities includes fixed payments and variable lease payments that depend on an index or rate[49] - The application of HKFRS No. 16 has not had a significant impact on the financial position and performance of the company for the current and prior periods[38] - The company recognized lease liabilities of approximately HKD 17,683,000 and corresponding right-of-use assets on April 1, 2019, following the adoption of HKFRS 16[57] - The weighted average incremental borrowing rate applied was 5.375% per annum for the lease liabilities recognized[58] Employee and Operational Costs - Total employee costs for the six months ended September 30, 2019, were HKD 13,184,000, an increase of 6.6% from HKD 12,371,000 in the same period of 2018[81] - The group has implemented training programs to enhance employee knowledge and skills, aiming to improve service quality[126] - The group employed a total of 75 full-time employees and 11 part-time employees as of September 30, 2019, with employee costs amounting to approximately HKD 13,200,000, an increase from HKD 12,400,000 for the same period in 2018[131] Market and Sales Performance - Retail store sales amounted to HKD 63,735,000 for the six months ended September 30, 2019, up from HKD 62,063,000 in the previous year, indicating a growth of 2.7%[71] - Online store sales decreased to HKD 2,934,000 for the six months ended September 30, 2019, from HKD 3,874,000 in the same period last year, representing a decline of 24.3%[71] - The company reported a total of HKD 37,806,000 in revenue for the three months ended September 30, 2019, compared to HKD 37,623,000 in the same quarter of 2018, showing a growth of 0.5%[71] - Skincare products generated revenue of HKD 27,055,000 for the three months ended September 30, 2019, a decrease of 0.6% from HKD 27,216,000 in 2018[78] Corporate Governance - The company has established an audit committee consisting of three independent non-executive directors to oversee financial reporting and risk management[167] - The company has adhered to the corporate governance code, with a noted deviation regarding the separation of roles between the chairman and CEO[163] - The company emphasizes the importance of good corporate governance standards to protect shareholder interests and enhance corporate value[162]

MI MING MART HOLDINGS LIMITED 彌 明 生 活 百 貨 控 股 有 限 公 司 (於開曼群島註冊成立的有限公司) == = 股份代號：8473 2019/20 第一季度 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，乃為中小型公司提供一個上市的市場，此等公司相比起其他在聯交所上市 的公司帶有較高投資風險。有意投資的人士應了解投資於該等公司的潛在風險，並應經 過審慎周詳的考慮後方作出投資決定。 由於GEM上市公司普遍為中小型公司，在GEM買賣的證券可能會較於主板買賣之證券承 受較大的市場波動風險，同時無法保證在GEM買賣的證券會有高流通量的市場。 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依賴該等 內容而引致的任何損失承擔任何責任。 本報告載有遵照聯交所GEM證券上市規則（「GEM上市規則」）的規定而提供有關彌明生活 百貨控股有限公司（「本公司」）資料的詳情，本公司董事（「董事」）就本報告共同及個別地 承擔全部責任。董事在作出一切合理查詢後確認，就彼等 ...

日 日 日 0 。MI MING MART HOLDINGS LIMITED ~ 彌 明 生 活 百 貨 控 股 有 限 公 司 (於開曼群島註冊成立的有限公司） 股份代號:8473 8/19 2011 第三季度業績報告 Den OF 香港聯合交易所有限公司（「聯交所」）GEM的特色 GEM的定位，乃為中小型公司提供一個上市的市場，此等公司相比起其他在聯交所上市的公司 帶有較高投資風險。有意投資的人士應了解投資於該等公司的潛在風險，並應經過審慎周詳的 考慮後方作出投資決定。 由於GEM上市公司普遍為中小型公司，在GEM買賣的證券可能會較於主板買賣之證券承受較 大的市場波動風險，同時無法保證在GEM買賣的證券會有高流通量的市場。 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依賴該等內容而引致 的任何損失承擔任何責任。 本報告載有遵照聯交所GEM證券上市規則（「GEM上市規則」）的規定而提供有關彌明生活百貨 控股有限公司（「本公司」）資料的詳情，本公司董事（「董事」）就本報告共同及個別地承擔全部責 任。董事在作 ...