Financial Performance - The total revenue for the fiscal year 2024 was approximately HKD 54.4 million, representing a decrease of about 47.9% compared to the previous fiscal year[10]. - The company recorded a loss attributable to owners of approximately HKD 27.1 million for the fiscal year 2024, compared to a profit of approximately HKD 1.3 million for the fiscal year 2023[10]. - The group recorded total revenue of approximately HKD 54.4 million for the fiscal year 2024, a decrease of about 47.9% compared to approximately HKD 104.5 million in fiscal year 2023, primarily due to the closure of two restaurants in the first half of fiscal year 2024[18]. - Revenue from the "Dragon King" brand decreased by approximately HKD 41.0 million or about 59.6% to HKD 27.8 million in fiscal year 2024, mainly due to the closure of two locations[22]. - Revenue from the "Dragon Robe" brand decreased by approximately HKD 8.9 million or about 25.0% to HKD 26.7 million in fiscal year 2024, attributed to a challenging business environment and changing consumer behavior[23]. - Gross profit for the group was approximately HKD 38.9 million in fiscal year 2024, a significant decrease of about HKD 35.8 million or about 47.9% from approximately HKD 74.7 million in fiscal year 2023[24]. - Other income and net gains decreased by approximately HKD 0.6 million or about 75.0% to approximately HKD 0.2 million in fiscal year 2024, mainly due to a decline in miscellaneous income[26]. - Employee costs decreased by approximately HKD 13.5 million or about 34.8% to approximately HKD 25.3 million in fiscal year 2024, due to the closure of several restaurants[27]. - The group reported a loss attributable to owners of approximately HKD 27.0 million in fiscal year 2024, compared to a profit of approximately HKD 1.3 million in fiscal year 2023, primarily due to the closure of two restaurants[34]. Operational Changes - The company operated three full-service Cantonese restaurants in Hong Kong during the fiscal year 2024, but closed two locations due to lease expirations[11]. - The management aims to accelerate the opening of new restaurants in smaller scales and diversify the existing dining offerings as market conditions allow[11]. - The company will continue to monitor and adjust its operational strategies to meet consumer demands and capitalize on holiday spending opportunities[11]. - The company emphasizes maintaining flexibility to respond to the changing market environment and strengthen its competitive advantages for long-term growth[11]. Debt and Financial Position - As of December 31, 2024, the group's bank and other borrowings amounted to approximately HKD 93.5 million, an increase from approximately HKD 61.4 million as of December 31, 2023[41]. - The capital debt ratio as of December 31, 2024, is approximately 375.9%, an increase from 336.5% as of December 31, 2023[42]. - The group has pledged properties valued at approximately HKD 25.5 million for bank financing as of December 31, 2024, down from HKD 26.3 million as of December 31, 2023[43]. - The total employee cost for the year is approximately HKD 25.3 million, a decrease from HKD 38.8 million in the previous year, with the number of employees reduced from 122 to 41[52]. - The group plans to use 50% of the net proceeds from a recent share placement for general working capital and the other 50% for repaying outstanding debts, totaling approximately HKD 4.26 million each[38]. - The company reported a current liability exceeding current assets by approximately HKD 146.6 million as of December 31, 2024, indicating significant financial uncertainty[113]. - The net debt of the company was approximately HKD 120.9 million on the same date, with total interest-bearing borrowings amounting to about HKD 93.5 million and cash and cash equivalents of approximately HKD 6.9 million[113]. - The independent auditor was unable to obtain sufficient appropriate audit evidence to provide an opinion on the financial statements, indicating significant uncertainty regarding the group's ability to continue as a going concern[153]. - The board believes that the financial statements are prepared on a going concern basis, assuming sufficient working capital to meet operational and financial obligations[154]. Corporate Governance - The board consists of five members, including one executive director, one non-executive director, and three independent non-executive directors[87]. - The company has not established an internal audit function during the year, but the audit committee will continue to review the need for such a function annually[85]. - The chairman has authorized the company secretary to ensure all directors receive timely and accurate information[82]. - The company has complied with the corporate governance code, except for the lack of insurance arrangements for directors against legal actions, which will be reviewed as necessary[81]. - The board is responsible for overseeing the company's overall strategy and business performance, including financial performance and risk management systems[88]. - The company has not held a meeting with independent non-executive directors without the presence of other directors during the year, but concerns will be reported for follow-up if necessary[84]. - The roles of the chairman and CEO are separated to balance power distribution, with all executive directors collectively assuming the CEO role[92]. - The company emphasizes a proactive corporate culture as essential for sustainable development[86]. - The board has authorized executive directors and senior management to manage daily operations and report regularly on their work[91]. - All directors act in the best interests of the company and its shareholders, with no significant related relationships among them[90]. - The company has three independent non-executive directors, all of whom have confirmed their independence according to GEM Listing Rules[93]. - The audit committee, consisting of three independent non-executive directors, held two meetings during the year to review the company's annual and interim results[104]. - The company emphasizes the importance of continuous professional development for directors, providing training on GEM Listing Rules and other regulatory updates[97]. - The independent non-executive directors do not hold any service contracts with the company, ensuring their impartiality[95]. - The company has established three board committees: the audit committee, the remuneration committee, and the nomination committee, each with clear written terms of reference[101]. - The audit committee reviewed the consolidated financial statements, confirming compliance with applicable accounting standards and sufficient disclosures[104]. - The company encourages directors to attend training courses to stay updated on corporate governance practices[97]. - The company has a policy for directors to provide records of their continuous professional development training[98]. - The company’s governance report indicates that one-third of the directors are required to retire at each annual general meeting, ensuring regular rotation[96]. - The company has not received confirmation of continuous professional development training from certain executive directors who have been removed from their positions[99]. Sustainability and Environmental Initiatives - The company has established a dedicated team to manage environmental, social, and governance (ESG) matters, ensuring effective implementation of sustainability policies[172]. - In the reporting period, the company reported NOx emissions of 0.004 tons, SOx emissions of 0.00001 tons, and PM emissions of 0.0004 tons, with SOx and PM emissions reduced by approximately 66.67% and 60% respectively compared to the previous fiscal year[181]. - The company is committed to complying with all environmental laws and regulations in its operating regions, with no violations or significant penalties reported during the period[180]. - The company actively engages with stakeholders, including investors, customers, and suppliers, to gather feedback and improve its ESG performance[173]. - The company has implemented measures to reduce vehicle usage, such as avoiding peak traffic times and encouraging public transport, to align with its environmental policies[181]. - The company emphasizes employee health and safety, providing a safe working environment and sharing safety information through drills and notices[177]. - The company is focused on reducing operational emissions and enhancing supply chain resilience through collective action with suppliers[178]. - The company regularly reviews and adjusts its sustainability policies to meet the evolving needs of stakeholders[172]. - The company has adopted various environmental policies to mitigate climate change risks and enhance brand value, potentially attracting more investors[176]. - The company’s sustainability report is based on principles of materiality, quantification, balance, and consistency, ensuring comprehensive assessment of its ESG performance[173]. - Greenhouse gas emissions in 2024 totaled 1,021.26 tons, a decrease of approximately 34% from 1,549.90 tons in 2023[187]. - Scope 1 direct emissions dropped from 4.85 tons in 2023 to 1.75 tons in 2024, representing a reduction of about 64%[187]. - Scope 2 indirect emissions decreased by approximately 33%, from 1,488.10 tons in 2023 to 989.88 tons in 2024[188]. - The density of greenhouse gas emissions per restaurant property area reduced from 0.65 tons to 0.43 tons, a decline of about 34% due to the closure of two restaurants[188]. - Total water consumption decreased from 77,827 cubic meters in 2023 to 41,607 cubic meters in 2024, a reduction of approximately 47%[195]. - Water consumption density per restaurant property area fell from 32.54 cubic meters to 17.39 cubic meters, a decrease of about 47%[195]. - The company aims to reduce greenhouse gas emissions by 10% and electricity consumption by 10% by the fiscal year 2026/27, using 2022/23 as the baseline[189]. - The company plans to implement a comprehensive data collection mechanism for managing food waste in the future[191]. - The company has recycled a total of 272 barrels of waste cooking oil during the reporting period[192]. - The company promotes energy efficiency by upgrading to high-efficiency appliances and using LED lighting in various areas[197]. - Total energy consumption decreased by approximately 38.4% in 2024 compared to 2023, due to the closure of two restaurants[198]. - Non-renewable fuel consumption reduced from 757,228 kWh in 2023 to 699,514 kWh in 2024[198]. - The company achieved a 10% reduction in greenhouse gas emissions compared to the previous period through optimized production processes[199]. - The energy purchased decreased from 2,412,948 kWh in 2023 to 1,253,012 kWh in 2024[198]. - Water consumption density per restaurant property area decreased from 1,325.36 kWh in 2023 to 816.29 kWh in 2024[198]. - The company is committed to reducing excessive packaging and single-use utensils as part of its green initiatives[200]. - The company has established a data collection mechanism to enhance the management of packaging materials used[200]. - The company aims to improve the reusability of existing packaging[200]. - The company promotes the application of alternative materials in overall takeaway packaging solutions[200].

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告之內容概不負責， 對其準確性或完整性亦不發表任何聲明，並明確表示概不就因本公告全部或任何 部分內容而產生或因倚賴該等內容而引致之任何損失承擔任何責任。 Dragon King Group Holdings Limited 1 末期業績 本公司董事會（「董事會」）宣佈本集團截至二零二四年十二月三十一日止年度（「二 零二四財年」）之初步綜合業績，連同截至二零二三年十二月三十一日止年度（「二 零二三財年」）之比較數字。本集團財務資料已經董事會批准。 （股份代號：8493） 龍皇集團控股有限公司 （於開曼群島註冊成立的有限公司） 截至二零二四年十二月三十一日止年度之 年度業績公告 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 ...

INTERIM REPORT 2024 Dragon King Group Holdings Limited 龍皇集團控股有限公司 (於開曼群島註冊成立的有限公司) 股份代號: 8493 2024 中期報告 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之內容概不負責，對其準確性或完整性亦不 發表任何聲明，並明確表示概不就因本報告全部或任何部分內容而產生或因倚賴該等內容 而引致之任何損失承擔任何責任。 本報告乃遵照聯交所的GEM 證券上市規則（「GEM 上市規則」）而刊載，旨在提供有關龍皇 集團控股有限公司（「本公司」，連同其附屬公司統稱「本集團」）的資料，本公司的董事（「董 事」）願就本報告的資料共同及個別承擔全 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告之內容概不負責， 對其準確性或完整性亦不發表任何聲明，並明確表示概不就因本公告全部或任何 部分內容而產生或因倚賴該等內容而引致之任何損失承擔任何責任。 Dragon King Group Holdings Limited 龍皇集團控股有限公司 （於開曼群島註冊成立的有限公司） （股份代號：8493） 截至二零二四年六月三十日止六個月之 中期業績公告 龍皇集團控股有限公司（「本公司」，連同其附屬公司統稱「本集團」）董事（「董事」） 會（「董事會」）公佈截至二零二四年六月三十日止六個月之未經審核綜合中期業績。 本公告載有本公司二零二四年中期報告全文（「二零二四年中期報告」）並遵守香 港聯合交易所有限公司（「聯交所」）GEM 證券上市規則（「GEM 上市規則」）中有 關中期業績初步公告隨附資料的相關規定。二零二四年中期報告將於聯交所網站 www.hkexnews.hk及本公司網站www.dragonkinggroup.com可供查閱。 承董事會命 龍皇集團控股有限公司 執行董事兼主席 唐鴻江 香港，二零二四年八月二十三日 於本公告日期，董事會包括執行董事唐鴻江 ...

Financial Performance - For the fiscal year ending December 31, 2023, Dragon King Group Holdings Limited reported total revenue of approximately HKD 104.5 million, representing a significant increase of about 31.4% compared to the previous year[15]. - The company achieved a profit of approximately HKD 1.3 million for the fiscal year 2023, recovering from a loss of approximately HKD 5.3 million in the fiscal year 2022[15]. - The company recorded total revenue of approximately HKD 104.5 million for the fiscal year 2023, a significant increase of about 31.4% compared to approximately HKD 79.5 million in fiscal year 2022[22]. - Revenue from the "Dragon Emperor" brand increased by approximately HKD 12.4 million or about 22% to HKD 68.8 million in fiscal year 2023, driven by improved customer spending and the full resumption of restaurant operations[26]. - Revenue from the "Dragon Robe" brand rose significantly by approximately HKD 13.6 million or about 61.8% to HKD 35.6 million in fiscal year 2023, attributed to improved consumer sentiment and the full resumption of operations[28]. - The group's gross profit for fiscal year 2023 was approximately HKD 74.7 million, an increase of about HKD 20.6 million or approximately 38.1% from about HKD 54.1 million in fiscal year 2022[29]. - The overall gross profit margin slightly increased by 3.5% in fiscal year 2023 due to improved operational efficiency and cost control measures[29]. - Other income and net gains decreased by approximately HKD 12.3 million or about 93.9% to approximately HKD 0.8 million in fiscal year 2023, primarily due to the absence of government subsidies[30]. - The company reported a profit attributable to owners of approximately HKD 1.3 million for the fiscal year 2023, compared to a loss of approximately HKD 5.3 million in the previous year, indicating a significant improvement driven by revenue growth[40]. Operational Developments - The overall business environment and consumer sentiment in Hong Kong improved following the easing of strict COVID-19 policies, contributing to the recovery in the restaurant industry[15]. - The company has implemented various operational streamlining measures to enhance efficiency and reduce costs in response to the recovery trend[15]. - As of December 31, 2023, the company operated three restaurants in Hong Kong, located in Wanchai, Kwun Tong, and Whampoa[15]. - The company plans to launch a new light meal brand in China, primarily using dining robots to serve customers, and will consider franchising to increase market share[16]. - The company will continue to monitor and flexibly adjust its operational strategies to meet consumer demands and enhance competitive advantages for long-term growth[16]. Financial Position and Debt - As of December 31, 2023, the company's borrowings amounted to approximately HKD 61.4 million, an increase from HKD 60.8 million in 2022, reflecting ongoing operational funding needs[44]. - The capital debt ratio as of December 31, 2023, was approximately 336.5%, up from 314.1% in 2022, indicating a higher level of debt relative to equity[46]. - The company has issued a total of 34,560,000 capitalization shares at HKD 0.1 per share to settle approximately HKD 3.456 million of debt[43]. - The company has outstanding bank and other borrowings amounting to approximately HKD 61.4 million, with financial costs of about HKD 2.6 million for the fiscal year ending 2023[190]. - The group’s net debt was approximately HKD 102.4 million, with total interest-bearing borrowings amounting to about HKD 59.4 million and cash and cash equivalents of approximately HKD 1.0 million[136]. Corporate Governance - The company emphasizes high standards of corporate governance to maintain stakeholder trust and promote accountability[96]. - The independent auditor's report expressed a disclaimer of opinion on the consolidated financial statements for the year ending December 31, 2023, due to insufficient audit evidence[84]. - The company did not establish an internal audit function during the year, which is a requirement under the corporate governance code[101]. - The board did not hold the minimum required four meetings during the year due to delays in the annual results publication and trading suspension[107]. - Following the resignation of independent non-executive directors, the company fell below the minimum number of independent directors required by GEM listing rules[101][102]. - The company has since appointed new independent non-executive directors, restoring compliance with GEM listing rules[102]. - The board is committed to reviewing its corporate governance practices regularly to ensure compliance with the GEM listing rules[106]. - The company has not made appropriate insurance arrangements for directors against potential legal actions, citing minimal risk[101]. - The company has not had a CEO since October 6, 2022, with the role being shared among all executive directors to enhance governance and shareholder interests[112]. Board Composition and Diversity - The board consists of seven members, with five males and two females, actively seeking to enhance gender diversity among board members[145]. - As of December 31, 2023, the employee gender ratio is 66 males to 56 females, with no immediate need for numerical targets for gender diversity on the board[146]. - The company has adopted a board diversity policy to ensure a diverse composition of board members, considering factors such as gender, age, experience, and cultural background[149]. - The nomination committee will consider diversity in various aspects, including gender, age, experience, and professional skills when recommending board appointments[31]. Risk Management and Internal Controls - The company is committed to maintaining a robust internal control system and risk management framework, as reviewed by the audit committee[125]. - The board has confirmed that it will continue to assess the effectiveness of the internal control system at least annually[144]. - The company has established risk management procedures to identify, assess, and mitigate significant risks affecting its objectives[144]. - The company maintains effective internal control and risk management systems to safeguard shareholder investments and group assets[142]. Environmental, Social, and Governance (ESG) - The company is committed to maintaining high standards in environmental protection, social responsibility, and governance practices[193]. - The environmental, social, and governance report reflects the company's performance in these areas for the fiscal year 2023, emphasizing transparency and accountability[195]. - The company has established a dedicated team to manage environmental, social, and governance matters, ensuring effective implementation of related policies[198]. - Stakeholder engagement is prioritized to assess and improve the company's environmental, social, and governance performance based on feedback from various parties[199].

Financial Performance - Total revenue for the fiscal year 2023 was HKD 104,453,000, representing a 31.4% increase from HKD 79,469,000 in 2022[32]. - The gross profit for fiscal year 2023 was approximately HKD 74.7 million, representing an increase of about 38.1% from approximately HKD 54.1 million in fiscal year 2022[68]. - The net loss for the year was HKD 102,379,000, slightly improved from a net loss of HKD 107,152,000 in the previous year[5]. - The group reported a profit attributable to owners of the company of HKD 1,327,000, a recovery from a loss of HKD 5,295,000 in the previous year[126]. - Total comprehensive income for the year was HKD 1,317,000, compared to a total comprehensive loss of HKD 5,004,000 in the prior year[156]. - Basic and diluted earnings per share for the fiscal year were HKD 0.71, compared to a loss per share of HKD 3.06 in the prior year[126]. Revenue Breakdown - Revenue from the "Dragon King" brand accounted for 65.9% of total revenue in 2023, up from 71.0% in 2022, while "Dragon Robe" contributed 34.1% in 2023, compared to 27.6% in 2022[32]. - The overall business environment and consumer sentiment in Hong Kong improved, leading to a recovery in the restaurant sector, which positively impacted the group's revenue in FY2023[193]. Expenses and Liabilities - Other operating expenses decreased by approximately HKD 3.3 million or about 14.9% to approximately HKD 18.9 million in fiscal year 2023, primarily due to a reduction in the number of restaurants operated[39]. - The company's rental and related expenses decreased by approximately HKD 2.5 million or about 20.7% to approximately HKD 9.6 million in fiscal year 2023[72]. - Employee benefits expenses, excluding directors and key management personnel, increased to HKD 37,178,000 from HKD 35,358,000, reflecting rising operational costs[149]. - Current liabilities exceeded current assets by approximately HKD 130 million, indicating significant uncertainty regarding the company's ability to continue as a going concern[114]. - The total current interest-bearing borrowings amounted to approximately HKD 59.4 million, while cash and cash equivalents were approximately HKD 1.0 million, highlighting liquidity challenges[114]. Strategic Initiatives - The company plans to launch a new light dining brand focused on restaurant robots in China and is considering franchising to increase market share[74]. - The company continues to monitor and flexibly adjust its operational strategies to meet consumer demands in a changing market environment[97]. - Management is exploring potential fundraising activities such as share placements to enhance the group's capital base and meet operational funding requirements[126]. - The company has considered other financing arrangements to enhance its market value and equity[15]. Legal and Compliance - The company has partially settled legal claims, with payments totaling HKD 850,000 made during the year[118]. - The company has no significant contingent liabilities as of December 31, 2023, consistent with the previous year[79]. - The company's auditor has issued a disclaimer of opinion regarding the company's ability to continue as a going concern due to the identified uncertainties[114]. Operational Overview - The company operates three full-service restaurants in Hong Kong, strategically located in prime commercial areas[30]. - The restaurant "Long Xi" did not generate revenue in the fiscal year 2023, while it generated approximately HKD 1.1 million in revenue in fiscal year 2022 before closing in January 2022[186]. - The company is actively monitoring operating costs to improve liquidity and financial conditions[168]. - The group has implemented several measures to streamline operations and enhance efficiency while reallocating resources to capitalize on growth momentum in its restaurants[193].

未經審核簡明綜合財務報表附註 6 管理層討論及分析 11 其他資料 18 龍皇集團控股有限公司 2023 第三季度報告 龍皇集團控股有限公司 2023 第三季度報告 2 本公司董事會欣然呈列本集團截至二零二三年九月三十日止三個月及九個月之未經審核 簡明綜合業績，連同二零二二年同期之未經審核比較數字如下： | --- | --- | --- | --- | --- | --- | |----------------------------------|-------|------------------------------------------------|------------------|------------------------------------------------|------------| | | | 截至九月三十日止三個月 \n未經審核 \n二零二三年 | \n \n二零二二年 | 截至九月三十日止九個月 \n未經審核 \n二零二三年 | 二零二二年 | | | 附註 | 千港元 | 千港元 | 千港元 | 千港元 | | 收益 | 3 | 25,188 | 20,875 | ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告之內容概不負責， 對其準確性或完整性亦不發表任何聲明，並明確表示概不就因本公告全部或任何 部分內容而產生或因倚賴該等內容而引致之任何損失承擔任何責任。 Dragon King Group Holdings Limited 龍 皇 集 團 控 股 有 限 公 司 （於開曼群島註冊成立的有限公司） （股份代號：8493） 截至二零二三年九月三十日止九個月之 第三季度業績公告 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。 ...

Financial Performance - For the six months ended June 30, 2023, the group's revenue was HK$54,325,000, an increase of 51.2% compared to HK$35,895,000 for the same period in 2022[11] - Gross profit for the same period was HK$39,667,000, up 61.5% from HK$24,556,000 in 2022[11] - The group reported a profit before tax of HK$4,646,000 for the six months ended June 30, 2023, compared to a loss of HK$3,111,000 in the same period of 2022[11] - The net loss attributable to owners of the company for the six months ended June 30, 2023, was HK$885,000, an improvement from a loss of HK$9,466,000 in the same period of 2022[11] - For the six months ended June 30, 2023, the group reported a total comprehensive loss of HKD 210,044,000 as of June 30, 2023, compared to a loss of HKD 102,506,000 as of June 30, 2022, representing an increase in loss of approximately 104.5%[22] - The group’s total revenue for the six months ended June 30, 2023, was not explicitly stated in the provided documents, but the financial performance indicates a challenging operating environment[24] - For the six months ended June 30, 2023, the net other income and gains amounted to HKD 179,000, compared to HKD 2,994,000 for the same period in 2022, representing a decrease of approximately 94.0%[57] Assets and Liabilities - Trade receivables as of June 30, 2023, were HK$537,000, a decrease from HK$596,000 as of December 31, 2022[7] - Total non-current assets decreased to HK$32,341,000 as of June 30, 2023, from HK$33,729,000 as of December 31, 2022[15] - Current assets totaled HK$18,883,000 as of June 30, 2023, down from HK$21,648,000 as of December 31, 2022[15] - The group had total liabilities of HK$150,046,000 as of June 30, 2023, compared to HK$157,642,000 as of December 31, 2022[15] - The company's current liabilities exceeded its current assets by approximately HKD 131,163,000, with a net debt of about HKD 102,506,000 as of June 30, 2023[44] - The total amount of current borrowings was approximately HKD 58,900,000, while cash and cash equivalents were only about HKD 2,422,000[44] - The group’s total liabilities increased to HKD 424,000,000 as of June 30, 2023, compared to HKD 209,395,000 as of June 30, 2022, indicating a significant rise of approximately 102.5%[21] Cash Flow and Financing - For the six months ended June 30, 2023, the group reported a net cash inflow from operating activities of HKD 4,816,000, compared to HKD 4,880,000 for the same period in 2022, reflecting a decrease of approximately 1.3%[25] - The cash and cash equivalents decreased by HKD 2,663,000 during the six months ended June 30, 2023, compared to an increase of HKD 1,876,000 in the same period of 2022[25] - The group incurred a loss of HKD 7,480,000 from financing activities for the six months ended June 30, 2023, compared to a loss of HKD 5,319,000 in the same period of 2022, indicating a deterioration of approximately 40.7%[25] Employee and Operational Costs - Employee benefits expenses (excluding directors and key management personnel) totaled HKD 19,269,000 for the six months ended June 30, 2023, an increase of approximately 4.8% from HKD 18,383,000 in the same period of 2022[20] - Employee costs increased by approximately HKD 0.5 million or about 2.6% to approximately HKD 19.7 million, primarily due to the full operation of the three restaurants[90] - Rental and related expenses decreased by approximately HKD 1.6 million or about 25.4% to approximately HKD 4.7 million, attributed to a reduction in the number of restaurants operated[92] Corporate Governance and Compliance - The group has maintained compliance with all additional conditions during the reporting period[19] - The company confirmed that all directors complied with the trading standards set out in GEM Listing Rules during the six months ending June 30, 2023[150] - The unaudited condensed consolidated financial statements for the six months ending June 30, 2023, were reviewed by the audit committee and deemed to meet applicable accounting standards and GEM Listing Rules[153] Legal and Regulatory Matters - The company was ordered by the court to pay a fine of HKD 36,000 on June 29, 2023, which has been fully paid[123] - The company is required to repay a total of HKD 453,200 plus interest and legal fees to Blooming (HK) Business Limited as per the final judgment on January 19, 2022[125] - The company must repay HKD 1,500,000 plus interest and legal fees to 富比資本有限公司 following the court's final judgment on January 19, 2022[129] - The company is obligated to repay HKD 366,000 plus interest and legal fees to 陳馮吳律師事務所 as per the final judgment on February 8, 2022[130] - The company has settled a total of HKD 400,000 regarding three legal cases as of the report date[130] Business Strategy and Outlook - Management is actively reviewing and shortening the collection cycle of receivables and improving follow-up measures[44] - The company plans to implement stricter measures to improve liquidity and financial conditions, including close monitoring of operating costs[44] - The management is cautiously optimistic about the business environment for the restaurant industry in the second half of 2023, planning to accelerate the opening of new restaurants as market conditions allow[96] - The group aims to diversify its restaurant portfolio by operating various cuisines on a smaller scale, while continuously monitoring and adjusting operational strategies to meet consumer demands[96]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告之內容概不負責， 對其準確性或完整性亦不發表任何聲明，並明確表示概不就因本公告全部或任何 部分內容而產生或因倚賴該等內容而引致之任何損失承擔任何責任。 Dragon King Group Holdings Limited 龍 皇 集 團 控 股 有 限 公 司 （於開曼群島註冊成立的有限公司） （股份代號：8493） 截至二零二三年六月三十日止六個月之 中期業績公告 龍皇集團控股有限公司（「本公司」，連同其附屬公司統稱「本集團」）董事（「董事」） 會（「董事會」）宣佈截至二零二三年六月三十日止六個月之未經審核綜合中期業 績。本公告載有本公司二零二三年中期報告全文（「二零二三年中期報告」）並遵守 香港聯合交易所有限公司GEM證券上市規則（「GEM上市規則」）中有關中期業績 初步公告隨附資料的相關規定。二零二三年中期報告的印刷本將於適當的時候按 GEM上市規則規定的方式寄發予本公司股東，並將於聯交所網站www.hkexnews.hk 及本公司網站www.dragonkinggroup.com可供查閱。 承董事會命 龍皇集團控股有限公司 ...