Financial Performance - For the first half of 2024, the Group's revenue decreased by 47.2% year-on-year to HK$146 million[26] - The Group recorded a slight loss of HK$606,000 during the same period[26] - Revenue for the six months ended September 30, 2024, decreased by 47.2% to HK$146.1 million compared to HK$276.6 million in the same period of 2023[38] - Gross profit fell by 65.9% to HK$6.6 million, with a gross profit margin of 4.5%, down from 7.0% in the previous year[38] - The company recorded a loss attributable to owners of HK$2.2 million, compared to a profit of HK$6.9 million in the same period last year[38] - Total comprehensive loss for the period amounted to HK$376,000, compared to a total comprehensive income of HK$8.7 million in the same period last year[40] - The company reported a loss attributable to owners of the Company of HK$2,235,000 for the six months ended September 30, 2024, compared to a profit of HK$6,880,000 in the same period of 2023, representing a significant decline[42] - Basic and diluted loss per share for the period was HK$1.12, compared to earnings of HK$3.48 per share in the previous year[38] - The Group recorded a revenue of approximately HK$146.1 million for the six months ended 30 September 2024, a decrease of approximately 47.2% compared to HK$276.6 million for the same period in 2023[154] - The gross profit for the Current Period was approximately HK$6.6 million, representing a decrease of approximately 65.9% from approximately HK$19.5 million in the Previous Period[154] - The loss attributable to owners of the Company was approximately HK$2.2 million for the Current Period, compared to a profit of approximately HK$6.9 million for the Previous Period[155] Market Conditions - The vacancy rate in the Hong Kong office market reached a record high of 14.8% in Q2 2024, surpassing levels during the SARS downturn in 2003 and the global financial crisis in 2009[25] - In Central, the vacancy rate increased sharply from approximately 9.7% to approximately 14% in the first half of 2024, marking a new high since June 2004[25] - The vacancy rate of high-quality office buildings in Shenzhen was reported at 27% as of June 2024[25] - The occupancy rate of Grade A offices in Hong Kong is expected to rebound as the U.S. enters a period of interest rate cuts and capital returns to the market[31] - The long-term outlook for the fit-out market is positive, driven by large-scale development projects and increased interest from mainland companies to establish a presence in Hong Kong[33] - The demand for renovation services is expected to increase as more businesses relocate to newer and larger Grade A commercial properties[163] Business Strategy - The Group is actively expanding its business beyond Grade A commercial properties to include retail branches and government-related organizations[26] - The company aims to expand its business beyond Grade A offices by targeting new clients from retail stores, government agencies, and non-profit organizations[29] - The Group aims to provide more diversified and higher quality one-stop fit-out solutions while controlling costs as market confidence gradually recovers[163] - The Group has been awarded a total of 20 new bare shell fit-out projects with a total project sum of approximately HK$214.2 million since April 1, 2024[175] Financial Position - Total assets decreased to HK$247,604,000 as of September 30, 2024, from HK$266,360,000 as of March 31, 2024, indicating a reduction of approximately 7%[44] - Current assets fell to HK$219,114,000 from HK$236,593,000, reflecting a decrease of about 7.4%[44] - Total liabilities decreased to HK$103,996,000 from HK$122,376,000, a reduction of approximately 15%[46] - The company’s retained earnings decreased to HK$75,666,000 from HK$77,836,000, a decline of approximately 2.8%[44] - The total equity of the company as of September 30, 2024, was HK$143,608,000, a slight decrease from HK$150,889,000 as of September 30, 2023[48] - As of September 30, 2024, the Group had net current assets of approximately HK$116.0 million, unchanged from March 31, 2024[199] - The current ratio was approximately 2.1 times as of September 30, 2024, compared to 2.0 times on March 31, 2024[199] - The gearing ratio decreased to 2.0% as of September 30, 2024, from 2.9% on March 31, 2024[199] Cash Flow and Expenses - For the six months ended September 30, 2024, the company reported a net cash outflow from operating activities of HK$12,817,000, compared to an inflow of HK$23,391,000 in the same period last year[50] - The company experienced a significant decrease in cash generated from operations, which was a negative HK$14,608,000 compared to a positive HK$21,755,000 in the previous year[50] - The Group's administrative expenses for the period were HK$10,857,000, a decrease of 0.4% from HK$10,897,000[78] - The Group's staff costs for the Current Period were approximately HK$14.7 million, a decrease from approximately HK$15.3 million for the Previous Period[196] - Finance costs increased to approximately HK$75,000 for the Current Period, representing an increase of approximately 114.3% compared to approximately HK$35,000 for the Previous Period[185] Accounting and Compliance - The unaudited condensed consolidated financial information for the six months ended September 30, 2024, has been prepared on a historical cost basis, except for certain financial instruments measured at fair value[60] - The Group's significant accounting policies for the six months ended September 30, 2024, are consistent with those used in the preparation of the consolidated financial statements for the year ended March 31, 2024[63] - The Group has not applied any new and revised HKFRSs that are not yet effective for the current period[68] - A change in accounting policy regarding the offsetting arrangement in the long service payment scheme in Hong Kong will take effect from May 1, 2025, impacting the calculation of long service payment obligations[64] - The change in accounting policy has resulted in a catch-up adjustment for past service costs and an increase in the Group's long service payment obligations as of April 1, 2022[73] Customer and Revenue Breakdown - Revenue from Hong Kong was HK$139,920,000, down 47.5% from HK$266,220,000 in 2023, while revenue from the PRC was HK$6,207,000, down 40.0% from HK$10,367,000[99] - Major customers contributing over 10% of total revenue included Customer A with HK$41,200,000, Customer B with HK$20,659,000, and Customer C with HK$15,839,000[101] - The Group's revenue from maintenance and other services was HK$553,000, an increase of 118% from HK$253,000 in the previous year[94] - The Group's revenue from restacking services was HK$5,585,000, down 73% from HK$20,935,000 in the previous year[94]

SANBASE CORPORATION LIMITED 莊 皇 集 團 公 司 （於開曼群島註冊成立的有限公司） （股份代號：8501） 截至2024年9月30日止6個月之中期業績公告 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主板 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可作出投資決定。 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。 本公告乃遵照聯交所GEM 證券上市規則（「GEM 上市規則」）而刊載，旨在提供有 關莊皇集團公司（「本公司」）的資料，本公司的董事（「董事」）願就此共同及個別 地承擔全部責任。各董事在作出一切合理查詢後，確認就彼等所知及所信，本公告 所載 ...

SANBASE CORPORATION LIMITED 莊皇集團公 司 (Incorporated in the Cayman Islands with limited liability) （於開曼群島註冊成立的有限公司） GEM has been positioned as a market designed to accommodate small and mid-sized companies to which a higher investment risk may be attached than other companies listed on the Stock Exchange. Prospective investors should be aware of the potential risks of investing in such companies and should make the decision to invest only after due and careful consideration. Given that the companies listed on ...

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。 SANBASE CORPORATION LIMITED 莊 皇 集 團 公 司 截至2024年3月31日止年度 （於開曼群島註冊成立的有限公司） （股份代號：8501） 截至2024年3月31日止年度末期業績公告 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主板 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。 本公告乃遵照聯交所GEM 證券上市規則（「GEM 上市規則」）而刊載，旨在提供有 關莊皇集團公司（「本公司」）的資料，本公司的董事（「董事」）願就此共同及個別 地承擔全部責任。各董事在作出一切合理 ...

香港交易及結算所有限公司及香港聯合交易所有限公司（「聯交所」）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。 SANBASE CORPORATION LIMITED 莊 皇 集 團 公 司 （於開曼群島註冊成立的有限公司） （股份代號：8501） 有關截至2023年3月31日止年度之年度業績公告及年報 及截至2023年9月30日止六個月之中期業績公告及中期報告 的補充公告 有關截至2023年3月31日止年度之年度業績公告及年報的額外資料 茲提述於2023年6月25日刊發的莊皇集團公司（「本公司」）截至2023年3月31日止年度 之年度業績公告（「2023年年度業績公告」）中「股份獎勵計劃」一節及於2023年6月 29日刊發的本公司截至2023年3月31日止年度之年報（「2023年年報」）中「董事會報 告－股份獎勵計劃」一節所載之披露。除另有界定外，本公告所用詞彙與2023年年報所 界定者具有相同涵義。 ...

SANBASE CORPORATION LIMITED 莊皇集團公 司 SANBASE CORPORATION LIMITED 莊皇集團公 司 (Incorporated in the Cayman Islands with limited liability) (Incorporated in the Cayman Islands with limited liability) （於開曼群島註冊成立的有限公司） Stock code 股份代號：8501 中期報告 INTERIM REPORT 2023 CHARACTERISTICS OF GEM OF THE STOCK EXCHANGE OF HONG KONG LIMITED (THE "STOCK EXCHANGE") GEM has been positioned as a market designed to accommodate small and mid-sized companies to which a higher investment risk may be attached than other companies listed ...

SANBASE CORPORATION LIMITED 莊 皇 集 團 公 司 （於開曼群島註冊成立的有限公司） （股份代號：8501） 截至2023年9月30日止6個月之中期業績公告 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主板 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可作出投資決定。 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。 本公告乃遵照聯交所GEM證券上市規則（「GEM上市規則」）而刊載，旨在提供有 關莊皇集團公司（「本公司」）的資料，本公司的董事（「董事」）願就此共同及個別 地承擔全部責任。各董事在作出一切合理查詢後，確認就彼等所知及所信，本公告 所載資料在各重 ...

SANBASE CORPORATION LIMITED 莊皇集團公 司 SANBASE CORPORATION LIMITED 莊皇集團公 司 (Incorporated in the Cayman Islands with limited liability) (Incorporated in the Cayman Islands with limited liability) （於開曼群島註冊成立的有限公司） Stock code 股份代號：8501 第一季度報告 FIRST QUARTERLY REPORT 2023 CHARACTERISTICS OF GEM OF THE STOCK EXCHANGE OF HONG KONG LIMITED (THE "EXCHANGE") GEM has been positioned as a market designed to accommodate small and mid-sized companies to which a higher investment risk may be attached than other companies lis ...

SANBASE CORPORATION LIMITED 莊 皇 集 團 公 司 （於開曼群島註冊成立的有限公司） （股份代號：8501） 截至2023年6月30日止3個月之第一季度業績公告 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 在主板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可作出投資決定。 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。 本公告乃遵照聯交所GEM證券上市規則（「GEM上市規則」）而刊載，旨在提供有 關莊皇集團公司（「本公司」）的資料，本公司的董事（「董事」）願就此共同及個別 地承擔全部責任。各董事在作出一切合理查詢後，確認就彼等所知及所信，本公告 所載資料 ...

CHARACTERISTICS OF GEM OF THE STOCK EXCHANGE OF HONG KONG LIMITED (THE "STOCK EXCHANGE") GEM has been positioned as a market designed to accommodate small and mid-sized companies to which a higher investment risk may be attached than other companies listed on the Stock Exchange. Prospective investors should be aware of the potential risks of investing in such companies and should make the decision to invest only after due and careful consideration. Given that the companies listed on GEM are generally small ...