香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責， 對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任 何部份內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 2 附註： （於開曼群島註冊成立的有限公司） （股份代號：8473） 於二零二五年八月八日舉行之 二零二五年股東周年大會的表決結果 彌明生活百貨控股有限公司（「本公司」）於二零二五年八月八日舉行之二零二五年 股東周年大會（「二零二五年股東周年大會」）上，所有列載於二零二五年七月十一 日的二零二五年股東周年大會通告（「該通告」）內提呈的決議案（「決議案」）均以一 股一票方式進行投票表決。除文義另有界定者外，本公告所採用之詞彙與本公司 日期為二零二五年七月十一日之通函（「該通函」）及該通告所界定者具有相同涵義。 有關於二零二五年股東周年大會上提呈之決議案之投票表決結果如下： | | 普通決議案 | 票數(%) | | | --- | --- | --- | --- | | | | 贊成 | 反對 | | 1. | 採納截至二零二五年三月三十一日止年度 | 834,400,000 | 0 | | | 的經審核 ...

本公告僅供參考，並不構成收購、購買或認購本公司任何證券之邀請或要約。 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責， 對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任 何部份內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 （於開曼群島註冊成立的有限公司） （股份代號：8473） 進一步延遲寄發有關 (1)出售日本物業及美國物業 之 主要及關連交易 及 (2)建議宣派特別股息 之通函 1 由於本公司需更多時間編製及落實載於通函內之若干資料，預期通函之寄發日期 將進一步延遲至二零二五年八月二十二日或之前的日期。 承董事會命 彌明生活百貨控股有限公司 主席、行政總裁兼執行董事 袁彌明 香港，二零二五年八月一日 於本公告日期，本公司執行董事為袁彌明女士（主席）及袁彌望女士，非執行董事 為張肇漢先生及林雨陽先生，以及獨立非執行董事為雷家懿女士、曾詠儀女士及 黃婉君女士。 本公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；董事願就本公告的資料共同及個別承擔全部責任。各董事 在作出一切合理查詢後，確認就其所知及所信，本公告 ...

FF301 股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年7月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 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) 呈交日期: 2025年8月1日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 08473 | 說明 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 2,000,000,000 | HKD | | 0.01 HKD | | 20,000,000 | | 增加 / 減少 (-) | | | | | | HKD | | | | 本月底結存 | | | 2,000,000,000 | HKD | | 0.01 HKD | | 20,000,000 | 本月底 ...

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聯交所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年報的內容概不負責，對其準確性或完整性亦不發表任何聲明，並明 確表示概不就因本年報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。 本年報載有遵照聯交所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」，連同其附屬公司統稱「本集團」）資料的詳情，本公司董事（「董事」）就本年報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，本年報所載資料在各重大方面均屬準確完備，並無誤 導或欺詐成份，且並無遺漏任何其他事宜，致使本年報或當中所載任何陳述產生誤導。 彌明生活百貨控股有限公司 2 目錄 | ...

截至二零二五年三月三十一日止年度 全年業績公告 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聯交所主 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。 本公告載有遵照聯交所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 」，連同其附屬公司統稱「 本集團 」）資料的詳 情，本公司董事（「 董事 」）就本公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，本公告所載資料在各重大方面均屬準確 完備，並無誤導或欺詐成份，且並無遺漏任何其他事宜，致使本公告或當中所載 任何陳述產生誤導。 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 ...

Company Overview - Mi Ming Mart operates as a multi-brand retailer in Hong Kong, selling a variety of beauty and health products categorized into skincare, cosmetics, and food & health products [3] - The company has been led by its founder, Ms. Yuen Mi Ming, who is also the chairman, executive director, and CEO since its establishment in 2009 [3] - According to a Frost & Sullivan report, the company ranked third in the small and medium-sized segment of multi-brand retailing for skincare and cosmetics in Hong Kong in 2015 [3] Financial Performance - As of September 30, 2024, Mi Ming Mart reported total revenue of 54.6485 million yuan, a year-on-year decrease of 21.76% [2] - The net profit attributable to the parent company was 5.1636 million yuan, reflecting a year-on-year decline of 46.05% [2] - The gross profit margin stood at 61.46%, with a debt-to-asset ratio of 11.59% [2] Stock Performance - Over the past month, Mi Ming Mart's stock has seen a cumulative increase of 54.59%, outperforming the Hang Seng Index, which rose by 6.77% during the same period [2] - The stock closed at 0.115 HKD per share, marking a 7.48% increase with a trading volume of 60,000 shares and a turnover of 6,870 HKD [1] Industry Valuation - The average price-to-earnings (P/E) ratio for the professional retail industry is 6.07 times, with the industry median at -0.22 times [2] - Mi Ming Mart's P/E ratio is 11.95 times, ranking 18th in the industry [2] - Comparatively, other companies in the sector have the following P/E ratios: Other Baoguang Industrial at 0.18 times, Chen Chang International at 4.12 times, Baosheng International at 4.97 times, Asia Comm Hold at 5.01 times, and Emperor Watch & Jewellery at 5.54 times [2]

Financial Performance - The group's revenue decreased from approximately HK$77,500,000 for the six months ended September 30, 2023, to approximately HK$60,600,000 for the six months ended September 30, 2024, representing a decline of about 21.8%[6] - Gross profit for the six months ended September 30, 2024, was approximately HK$37,200,000, down approximately 24.5% from HK$49,300,000 for the same period in 2023[6] - Profit attributable to owners of the company for the six months ended September 30, 2024, was approximately HK$5,700,000, a decrease of about 46.1% compared to HK$10,600,000 for the same period in 2023[6] - The company reported a net profit before tax of approximately HK$6,461,000 for the six months ended September 30, 2024, compared to HK$12,769,000 for the same period in 2023[9] - Total comprehensive income for the period was approximately HK$6,340,000, down from HK$10,614,000 for the same period in 2023[9] - Basic earnings per share for the six months ended September 30, 2024, was HK$0.51, compared to HK$0.95 for the same period in 2023[9] - Segment profit for the period was HKD 5,726,000, down from HKD 10,614,000 in the previous year, reflecting a decline of 46.1%[25] - Revenue from skincare products was HKD 41,146,000, a decrease of 18.5% from HKD 50,547,000 in the prior year[27] - Revenue from cosmetics was HKD 3,043,000, down 34.1% from HKD 4,616,000 year-over-year[27] Dividends - The board declared an interim dividend of HK$0.004 per share for the six months ended September 30, 2024, totaling approximately HK$4,500,000, down from HK$9,000,000 for the same period in 2023[6] - The interim dividend declared was HKD 0.4 per share, totaling approximately HKD 4,500,000, compared to HKD 0.8 per share and approximately HKD 9,000,000 in the previous year[32] - The board proposed a final dividend of HKD 0.8 per share for the year ending March 31, 2024, totaling approximately HKD 9,000,000, consistent with the previous year[83] Cash Flow and Assets - Cash generated from operating activities for the six months ended September 30, 2024, was HKD 12,060,000, an increase of 25.6% from HKD 9,596,000 in the previous year[14] - The company's net cash used in investing activities was HKD 3,351,000, compared to HKD 13,231,000 in the same period last year, indicating a significant reduction in investment outflows[14] - The company's cash and cash equivalents at the end of the period were HKD 39,280,000, down from HKD 44,898,000 at the end of the same period last year[14] - The total cash and bank balance as of September 30, 2024, was HKD 40,100,000, down from HKD 45,800,000 on March 31, 2024[69] Liabilities and Equity - The total assets less current liabilities as of September 30, 2024, amounted to HKD 140,532,000, a decrease from HKD 144,519,000 as of March 31, 2024[11] - The company's total liabilities decreased to HKD 1,287,000 for non-current liabilities as of September 30, 2024, from HKD 2,654,000 as of March 31, 2024[11] - The company's equity as of September 30, 2024, was HKD 139,245,000, a decrease from HKD 141,865,000 as of March 31, 2024[11] Employee and Operational Expenses - The company reported a total employee benefit expense of HKD 15,088,000, down from HKD 17,484,000 in the previous year, indicating a reduction of 13.6%[29] - Sales and distribution expenses decreased from approximately HKD 18,700,000 to about HKD 15,800,000, a reduction of approximately 15.9%[63] - Administrative and operating expenses fell from approximately HKD 17,900,000 to about HKD 16,800,000, a decline of about 6.3%[64] - Employee costs, including director remuneration, amounted to approximately HKD 15,100,000 for the six months ending September 30, 2024, compared to HKD 17,500,000 for the same period in 2023[85] Corporate Governance - The audit committee consists of three independent non-executive directors, ensuring independent review of the group's financial reporting and internal controls[106] - The company has adhered to the corporate governance code, with a noted deviation regarding the separation of roles between the chairman and CEO, which is deemed appropriate for effective management[102] - The company is committed to good corporate governance standards to protect shareholder interests and enhance corporate value[101] Shareholder Information - Major shareholders include Prime Era Holdings Limited, holding 562,000,000 shares, representing 50.18% of the company[94] - Another significant shareholder, Ms. Xing Jiajue, holds 224,530,000 shares, accounting for 20.05% of the company[94] - The company has not disclosed any other persons holding 5% or more of the shares as of September 30, 2024[95] Investments and Acquisitions - The company acquired U.S. Treasury securities at a cost of approximately USD 900,000 (about HKD 7,300,000) during the six months ended September 30, 2024[74] - The fair value of U.S. Treasury long-term investment products was approximately USD 1,800,000 (about HKD 14,200,000), representing 9.0% of total assets as of September 30, 2024[77] - There were no significant acquisitions or disposals of subsidiaries or associated companies during the six months ending September 30, 2024[87] - The group has no major investment or capital asset plans as of September 30, 2024[88] Compliance and Regulations - The company has confirmed compliance with the trading standards set forth in the GEM Listing Rules for the six months ended September 30, 2024[98] - The company has not purchased, sold, or redeemed any of its listed securities during the six months ended September 30, 2024[104] - The company has not granted any stock options under its stock option plan as of the date of this interim report[85] - The total number of share options available for grant under the share option scheme as of April 1, 2024, and September 30, 2024, is 112,000,000 shares, representing approximately 10% of the issued ordinary shares as of the listing date on February 12, 2018[97]

Financial Performance - The group's revenue decreased from approximately HK$77,500,000 for the six months ended September 30, 2023, to approximately HK$60,600,000 for the six months ended September 30, 2024, representing a decline of about 21.8%[4] - Gross profit for the six months ended September 30, 2024, was approximately HK$37,200,000, down approximately 24.5% from HK$49,300,000 for the same period in 2023[4] - Profit attributable to owners of the company for the six months ended September 30, 2024, was approximately HK$5,700,000, a decrease of about 46.1% compared to HK$10,600,000 for the same period in 2023[4] - Total comprehensive income for the six months ended September 30, 2024, was HK$6,340,000, compared to HK$10,614,000 for the same period in 2023[7] - The total revenue for the six months ended September 30, 2024, was HKD 60,600,000, a decrease of 21.7% compared to HKD 77,452,000 for the same period in 2023[20] - The profit for the period was HKD 5,726,000, down 46.3% from HKD 10,614,000 in the same period last year[20] - Retail store sales decreased to HKD 46,772,000 from HKD 60,679,000, representing a decline of 23%[20] - Online store sales also fell to HKD 11,508,000 from HKD 13,375,000, a decrease of 13.9%[20] - The company reported a decrease in skincare product sales to HKD 41,146,000 from HKD 50,547,000, a decline of 18.5%[26] - The group's net profit decreased from approximately HKD 10,600,000 for the six months ended September 30, 2023, to approximately HKD 5,700,000 for the six months ended September 30, 2024, representing a decline of about HKD 4,900,000 or approximately 46.1%[68] - The net profit margin fell from approximately 13.7% for the six months ended September 30, 2023, to approximately 9.4% for the six months ended September 30, 2024[68] Dividends and Shareholder Returns - The board declared an interim dividend of HK$0.004 per share for the six months ended September 30, 2024, totaling approximately HK$4,500,000, down from HK$9,000,000 for the same period in 2023[4] - The company paid dividends of HKD 8,960,000, unchanged from the previous year[16] - The interim dividend declared for the six months ended September 30, 2024, is HKD 0.4 per share, a reduction of 50% from HKD 0.8 per share in the same period of 2023, totaling approximately HKD 4,500,000[32] - The interim dividend record date is set for December 20, 2024, with the payment date on January 10, 2025[107] Assets and Liabilities - Current assets decreased from HK$80,387,000 as of March 31, 2024, to HK$61,748,000 as of September 30, 2024[9] - The net asset value as of September 30, 2024, was HK$139,245,000, a slight decrease from HK$141,865,000 as of March 31, 2024[11] - Inventory decreased from HK$11,542,000 as of March 31, 2024, to HK$8,964,000 as of September 30, 2024[9] - Trade receivables decreased from HK$2,396,000 as of March 31, 2024, to HK$1,344,000 as of September 30, 2024[9] - Non-current assets as of September 30, 2024, totaled HKD 72,490,000, a decrease from HKD 75,335,000 as of March 31, 2024, representing a decline of approximately 3.7%[27] - The total cash and bank deposits, along with time deposits maturing in over three months, amounted to HKD 40,100,000 as of September 30, 2024, down from HKD 45,800,000 as of March 31, 2024[70] - The cash and cash equivalents at the end of the period were HKD 39,280,000, down from HKD 44,898,000 at the end of the previous year[16] Expenses and Costs - The group recorded a financing cost of HK$239,000 for the six months ended September 30, 2024, down from HK$331,000 for the same period in 2023[7] - Total employee benefits expenses amounted to HKD 15,088,000, down 13.7% from HKD 17,484,000 in the previous year[29] - Selling and distribution expenses decreased from approximately HKD 18,700,000 to approximately HKD 15,800,000, a reduction of about 15.9%[64] - Administrative and operating expenses decreased from approximately HKD 17,900,000 to approximately HKD 16,800,000, a decline of about 6.3%[65] - Employee costs, including director remuneration, amounted to approximately HKD 15,100,000 for the six months ended September 30, 2024, down from HKD 17,500,000 for the same period in 2023, representing a decrease of about 13.71%[87] Corporate Governance and Compliance - The company has adopted the corporate governance code and has complied with its principles, with a noted deviation regarding the separation of roles between the Chairman and CEO[105] - All directors confirmed compliance with the trading standards as per GEM Listing Rules for the six months ending September 30, 2024[101] - No interests in competing businesses were held by directors or controlling shareholders during the six months ending September 30, 2024[102] - The audit committee, consisting of three independent non-executive directors, reviewed the unaudited condensed consolidated financial statements for the six months ending September 30, 2024[109] Employment and Workforce - As of September 30, 2024, the group employed a total of 78 full-time employees and 12 part-time employees, a decrease from 84 full-time and 14 part-time employees as of September 30, 2023[87] - The remuneration policy is linked to employee and executive performance, with compensation including salary, sales commissions, retirement plan contributions, and discretionary bonuses based on profitability[87] - The remuneration committee reviews the compensation of all executive directors and senior management annually to ensure competitiveness in attracting and retaining talent[87] Investments and Acquisitions - The company has no significant new product launches or acquisitions reported during this period[17] - The group did not engage in any significant acquisitions or disposals of subsidiaries or associated companies during the six months ended September 30, 2024[89] - There are no major investment or capital asset plans as of September 30, 2024[90] Financial Instruments and Income - The company recognized a fair value loss of HKD 109,000 on financial assets measured at fair value through profit or loss[29] - Other income, gains, and losses increased from approximately HKD 400,000 to approximately HKD 2,000,000, an increase of about 357.9%[62] - Interest income related to U.S. Treasury mid-to-long-term financial products for the six months ended September 30, 2024, was approximately USD 29,000 (equivalent to about HKD 200,000)[78] - The total fair value of U.S. Treasury mid-to-long-term financial products was approximately USD 1,800,000 (equivalent to about HKD 14,200,000), representing 9.0% of the group's total assets as of September 30, 2024[78]

Financial Performance - For the fiscal year ending March 31, 2024, the company reported a revenue decline of 13.2% and a gross profit decrease of 15.4% compared to the previous year[6]. - The profit attributable to the company's owners was approximately HKD 14,900,000, representing a decrease of about 28.1% year-on-year[6]. - The group's revenue decreased from approximately HKD 171,400,000 for the year ended March 31, 2023, to approximately HKD 148,800,000 for the year ended March 31, 2024, a decline of about HKD 22,600,000 or approximately 13.2%[11]. - The gross profit for the year ended March 31, 2024, was approximately HKD 93,300,000, down about 15.4% from HKD 110,300,000 in the previous year[11]. - The net profit for the year ended March 31, 2024, was approximately HKD 14,900,000, down from approximately HKD 20,700,000, resulting in a net profit margin decrease from about 12.1% to 10.0%[22]. - The cost of sales decreased from approximately HKD 61,100,000 to approximately HKD 55,600,000, a reduction of about 9.1%[15]. - The gross margin decreased from approximately 64.3% to about 62.7% due to a smaller decline in costs compared to sales[16]. - Administrative and operating expenses decreased from approximately HKD 43,100,000 to approximately HKD 40,300,000, a reduction of about 6.5%[19]. - Employee costs, including director remuneration, were approximately HKD 39,200,000 for the year ending March 31, 2024, down from HKD 41,700,000 in 2023[36]. Dividend and Shareholder Information - The board proposed a final dividend of HKD 0.008 per share, totaling approximately HKD 9,000,000, compared to a previous interim dividend of HKD 0.013 per share totaling about HKD 14,600,000[10]. - The board proposed a final dividend of HKD 0.008 per share, totaling approximately HKD 9,000,000, consistent with the previous year's dividend[11]. - The board expresses gratitude to shareholders, customers, and business partners for their continued support and contributions from management and staff[8]. Business Strategy and Operations - The company has restructured its sales channels and business operations to optimize resource utilization, resulting in reduced sales and distribution expenses as well as administrative and operational costs[6]. - The company remains cautiously optimistic about the fiscal year 2025, planning to enhance business operations and adjust strategies in response to market trends[7]. - The company aims to attract customer repurchase and increase spending through adjusted sales strategies and product offerings[6]. - The company is focused on optimizing daily operations, resource allocation, and cross-departmental collaboration to improve overall performance[41]. - The company aims to expand its market presence and enhance its product offerings through strategic planning and development initiatives[41][46]. Market Presence and Product Offerings - The company operates nine retail stores under the "MI MING MART" brand, focusing on health-conscious products[5]. - The sales revenue from goods accounted for approximately 98.9% of total revenue, while income from beauty services and consignment commissions accounted for approximately 0.9% and 0.2%, respectively[14]. - New product launches are expected to contribute an additional HKD 200 million in revenue over the next fiscal year[50]. - The company plans to expand its market presence in Southeast Asia, targeting a 30% increase in market share by 2025[50]. Governance and Management - The board consists of seven directors, with five being female and two male, reflecting a gender diversity ratio of 71% female to 29% male[78]. - As of March 31, 2024, the board and senior management composition is 44% male and 56% female, indicating a commitment to gender diversity[75]. - The company has adopted a diversity policy to achieve a balanced representation in the board and senior management, considering factors such as gender, age, nationality, and professional experience[75]. - The board is responsible for leading and controlling the company, overseeing operations and financial performance, and ensuring effective internal controls and risk management[71]. - The company has established clear written terms of reference for all committees, ensuring compliance with corporate governance codes[86]. Environmental, Social, and Governance (ESG) Initiatives - The company aims for sustainable growth, focusing on environmental, social, and governance (ESG) factors in its business strategy[55]. - The board recognizes the importance of implementing ESG practices to meet stakeholders' evolving expectations and promote sustainable development[125]. - The company emphasizes a culture of environmental and social responsibility throughout its organization, integrating ESG principles into daily operations and decision-making[125]. - The company has identified and prioritized 17 key ESG issues that are crucial for stakeholders and business operations, including anti-corruption and climate change response[134]. - The company focuses on energy management, waste management, and sustainable packaging as part of its environmental initiatives[135]. Employee and Workplace Practices - The total number of employees at the end of the reporting period was 88, down from 98 in the previous year, representing a decrease of approximately 10.2%[167]. - The employee turnover rate during the reporting period was approximately 35%, with 33 employees leaving the company, including 10 males and 23 females[174]. - The company has implemented initiatives to enhance employee satisfaction and retention, including annual performance evaluations and opportunities for internal promotions[163]. - The company is committed to maintaining occupational health and safety, with no serious workplace injuries or fatalities reported in the past three years[180]. - The company promotes a diverse and inclusive work environment, strictly prohibiting discrimination and harassment[162]. Customer Engagement and Product Quality - The company emphasizes transparency in product information and quality, ensuring customer service and complaint handling are effectively managed[135]. - No significant complaints were received during the reporting period, indicating a strong customer service performance[197]. - The company has established a product quality assurance system covering the entire production process, from raw material procurement to delivery[186]. - The skincare repackaging service has received ISO 9001:2015 certification from the Hong Kong Quality Assurance Agency, with inspections conducted every two years[190].

Revenue and Profitability - The group's revenue decreased from approximately HKD 171,400,000 for the year ended March 31, 2023, to approximately HKD 148,800,000 for the year ending March 31, 2024, representing a decline of about HKD 22,600,000 or approximately 13.2%[1] - The group's net profit decreased from approximately HKD 20,700,000 for the year ended March 31, 2023, to approximately HKD 14,900,000 for the year ended March 31, 2024, representing a decline of about HKD 5,800,000 or approximately 28.1%[34] - The group's net profit margin decreased from approximately 12.1% for the year ended March 31, 2023, to approximately 10.0% for the year ended March 31, 2024[34] - The company's profit attributable to shareholders was HKD 14.92 million for the year ended March 31, 2024, down from HKD 20.74 million in 2023[114] - The group's gross profit for the year ended March 31, 2024, was approximately HKD 93.3 million, a decrease of about 15.4% compared to HKD 110.3 million in 2023[84] - The group's gross profit decreased from approximately HKD 110,300,000 to about HKD 93,300,000, a decline of approximately 15.4%[121] Dividends - The board declared an interim dividend of HKD 0.8 per share, totaling approximately HKD 9,000,000 for the six months ended September 30, 2023, compared to HKD 1.3 per share and a total of approximately HKD 14,600,000 for the previous year[2] - The board proposed a final dividend of HKD 0.8 per share for the year ending March 31, 2024, totaling approximately HKD 9,000,000, unchanged from the previous year[62] - The company plans to distribute a final dividend of HKD 0.8 per share, consistent with the previous year's dividend[123] Financial Position - The total assets less current liabilities amounted to HKD 144,519,000, down from HKD 150,242,000 in the previous year[5] - The group's net asset value was HKD 141,865,000, a decrease from HKD 144,917,000 in the previous year[5] - As of March 31, 2024, the group had no bank borrowings or other borrowings, making the capital debt ratio not applicable[46] - The total non-current assets as of March 31, 2024, were HKD 75,335,000, down from HKD 78,904,000 in the previous year[138] - The company's cash and bank balances as of March 31, 2024, were HKD 45,800,000, down from HKD 70,700,000 in 2023[164] Revenue Sources - Revenue from retail stores for the year ended March 31, 2024, was HKD 115,596,000, a decrease from HKD 132,800,000 in the previous year, representing a decline of approximately 12.9%[132] - Revenue from online stores was HKD 26,482,000, down from HKD 29,806,000, a decrease of about 10.4%[132] - Revenue from product sales accounted for approximately 98.9% of total revenue, while income from beauty services and consignment sales represented about 0.9% and 0.2%, respectively[159] Expenses and Costs - Employee costs, including director remuneration, were approximately HKD 39,200,000 for the year ending March 31, 2024, down from HKD 41,700,000 in the previous year[65] - Sales cost decreased by approximately HKD 5,500,000 to HKD 55,600,000, a reduction of about 9.1% compared to the previous year[149] - Administrative and operating expenses reduced by approximately HKD 2,800,000 to HKD 40,300,000, a decrease of about 6.5%[151] - Sales and distribution expenses decreased by approximately HKD 1,100,000 to HKD 37,800,000, a reduction of about 2.9%[161] Taxation - The income tax expenses for the years ended March 31, 2023, and March 31, 2024, were approximately HKD 4,300,000 and HKD 2,900,000, respectively, with effective tax rates of approximately 17.2% and 16.3%[45] - The company reported a total tax expense of HKD 2,903,000 for the year ended March 31, 2024[140] Employee and Operations - The group employed 73 full-time employees and 15 part-time employees as of March 31, 2024, compared to 85 full-time and 13 part-time employees in the previous year[65] - The company emphasized its brand image and quality products as key factors for customer loyalty and confidence, which are expected to strengthen its market position[119] - The group operates nine retail stores under the "MIMINGMART" brand, selling a variety of beauty and health products[28] - The group provides beauty services to its customers in addition to selling products through its online store and other e-commerce platforms[40] Investments - The group made an investment of approximately USD 2,200,000 (about HKD 16,900,000) in U.S. Treasury bonds, with a fair value of approximately HKD 17,300,000, representing 10.4% of total assets[75] - The company recorded interest income related to U.S. Treasury bonds of approximately USD 400,000 and a fair value loss of about HKD 52,000[75] - The company has not made any significant investments or capital asset plans as of March 31, 2024[66] - The company has no major capital commitments as of March 31, 2024[78] Other Financial Metrics - The operating profit for the year ended March 31, 2024, was HKD 17,823,000, compared to HKD 25,050,000 in the previous year[125] - The current ratio improved to 3.8 from 3.5 in the previous year, indicating a stronger liquidity position[153] - Financing costs remained stable at approximately HKD 600,000 compared to the previous year[162] - The company aims to enhance competitiveness by expanding its product portfolio and e-commerce business while maintaining its leading position in the Hong Kong skincare and cosmetics market[158]