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 何部份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。 Wine's Link International Holdings Limited 8509 威揚酒業國際控股有限公司 主席兼執行董事 更改香港總辦事處及 主要營業地點之地址、電話及傳真號碼 威揚酒業國際控股有限公司（「本公司」）董事（「董事」）會（「董事會」）謹此宣佈，自二零二 五年八月十六日起，本公司之香港總辦事處及主要營業地點之地址、電話及傳真號碼更 改為： 地址： 香港九龍尖沙咀梳士巴利道3號星光行1911至1912室 承董事會命 王姿潞 香港，二零二五年八月十五日 於本公告日期，執行董事為王姿潞女士及陳詩桐先生；非執行董事為楊志紅女士， S.B.S., B.B.S., J.P. ；及獨立非執行董事為陳曼琪女士， M.H., J.P. 、陳湛文先生及劉健威先生。 - 1 - 電話： (852) 3753 5623 傳真： (852) 3563 6625 本公告載有遵照聯交所GEM ...

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 呈交日期: 2025年8月1日 FF301 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: 威揚酒業國際控股有限公司 （ 於開曼群島註冊成立之有限公司） 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) | 08509 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 1,000,000,000 | HKD | | 0.01 HKD | | | 10,000,000 | | 增加 / 減少 (-) | | | | | | HKD | | | | | 本月底結存 | | | 1,000,000,000 | HKD | | 0.01 HKD | | ...

WINE'S LINK INTERNATIONAL HOLDINGS LIMITED Stock Code | 股份代號：8509 威揚酒業國際控股有限公司 (Incorporated in the Cayman Islands with limited liability) （於開曼群島註冊成立之有限公司） 年報 WINE'S LINK INTERNATIONAL HOLDINGS LIMITED 26/ Floor, AIA Financial Centre, 712 Prince Edward Road East, San Po Kong, Kowloon, Hong Kong 香港九龍新蒲崗太子道東712號友邦九龍金融中心26樓 T (852) 2317 1100 F (852) 2317 1032 E general@wines-link.com W wines-link.com 威揚酒業國際控股有限公司 WINE'S LINK INTERNATIONAL HOLDINGS LIMITED 威揚酒業國際控股有限公司 This report, for which the directors (the ...

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 部份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。 Wine's Link International Holdings Limited 威揚酒業國際控股有限公司 （於開曼群島註冊成立之有限公司） （股份代號：8509） 本公告載有遵照聯交所GEM證券上市規則（「GEM上市規則」）而提供有關威揚酒業 國際控股有限公司（「本公司」）之資料，本公司之董事（「董事」）願就本公告共同及 個別承擔全部責任。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 告所載資料在所有重大方面均屬準確及完整，亦無誤導或欺詐成分，且本公告並無 遺漏任何其他事宜而致使當中任何陳述產生誤導。 – 1 – 董事會（「董事會」）謹此提呈本公司及其附屬公司（統稱「本集團」）截至二零二五 年三月三十一日止年度（「本年度」）之經審核綜合業績，連同截至二零二四年三月 三十一日止年度之經審核比較數字如下： 綜合損益及其他全面收益報表 截至二零二五年三月三十一日止年度 截至二零二五年三月三十一 ...

Financial Performance - Revenue for the six months ended September 30, 2024, was HKD 157,836,000, an increase of 23.4% compared to HKD 127,699,000 for the same period in 2023[7] - Gross profit for the period was HKD 30,137,000, representing a gross margin of 19.1%, up from HKD 23,898,000 in the previous year[7] - Profit before tax increased to HKD 13,983,000, a significant rise of 160.5% from HKD 5,370,000 in the prior year[7] - Net profit for the period was HKD 11,004,000, compared to HKD 3,710,000 in the same period last year, marking an increase of 195.4%[7] - Basic and diluted earnings per share were HKD 2.75, up from HKD 0.94 in the previous year, reflecting a growth of 193.6%[9] - Total revenue for wine products reached HKD 134,875,000, up 61.6% from HKD 83,399,000 in the same period of 2023[32] - Revenue from other alcoholic beverages surged to HKD 21,650,000, compared to HKD 1,175,000 in the previous year, marking an increase of 1745.3%[32] - For the six months ended September 30, 2024, the company reported a pre-tax profit of 11,006 thousand HKD, compared to 3,743 thousand HKD for the same period in 2023, representing an increase of approximately 194%[47] - The cost of goods sold for the period was 127,699 thousand HKD, significantly higher than 60,776 thousand HKD in the previous year, indicating a substantial increase in operational costs[44] - Gross profit increased by approximately 26.1% from about HKD 23.9 million to approximately HKD 30.1 million, with a gross margin of approximately 19.1% for the current period[66] Assets and Liabilities - Total assets as of September 30, 2024, were HKD 316,170,000, compared to HKD 299,089,000 as of March 31, 2024, indicating a growth of 5.7%[12] - The company's cash and cash equivalents increased to HKD 1,016,000 from HKD 2,889,000, showing a significant improvement in liquidity[12] - Non-current assets decreased to HKD 144,890,000 from HKD 149,038,000, a decline of 2.8%[12] - The total equity attributable to owners of the company rose to HKD 306,854,000 from HKD 295,834,000, reflecting an increase of 3.7%[13] - The total cash and cash equivalents decreased by HKD 4,869,000, with an ending balance of HKD 1,986,000 as of September 30, 2024[22] - Trade receivables as of September 30, 2024, amounted to 53,465 thousand HKD, slightly up from 52,304 thousand HKD as of March 31, 2024[55] Cash Flow - The net cash generated from operating activities for the six months ended September 30, 2024, was HKD 2,321,000, compared to HKD 16,262,000 in the previous year, indicating a decrease of 86.7%[22] - The company reported a net cash outflow from financing activities of HKD 7,266,000 for the six months ended September 30, 2024, an improvement from HKD 21,445,000 in the same period of 2023[22] - The company’s cash flow from investing activities was HKD 76,000, a recovery from a cash outflow of HKD 307,000 in the previous year[22] Corporate Governance - The company has adopted all applicable principles of the corporate governance code as per GEM Listing Rules Appendix C1, except for the separation of roles between the Chairman and the CEO, which is currently held by Ms. Wang Zilu[123] - The board consists of one non-executive director and three independent non-executive directors, ensuring a balanced distribution of power and adequate safeguards[125] - The Audit Committee, established on December 18, 2017, is composed of three independent non-executive directors and is responsible for reviewing the financial statements and monitoring the integrity of financial reporting[126] - The company emphasizes that significant decisions are made collectively by the board and relevant committees, ensuring that power is not concentrated in one individual[123] - The company will continue to review the effectiveness of its corporate governance structure and may consider separating the roles of Chairman and CEO if necessary[125] Shareholder Information - As of September 30, 2024, the major shareholder Shirz Limited holds 280,000,000 shares, representing 70% of the issued share capital[102] - The company’s major shareholder, Ms. Wang Zilu, holds a 70% stake in the company as of the report date[112] Financing Activities - The company accepted a bank financing letter from Lender A on August 11, 2023, for a total financing amount of up to HKD 63,000,000, which includes a new three-year term loan and other trade financing[107] - The updated financing letter I increased the trade financing amount by HKD 7,000,000, bringing the total financing to a maximum of HKD 70,000,000, effective until May 3, 2024[108] - On May 3, 2024, the company accepted a renewed financing letter from Lender A, with a total financing amount of up to HKD 73,000,000, including a three-year term loan and other trade financing[110] - The updated financing letter II on September 10, 2024, increased the total financing to a maximum of HKD 98,000,000, which includes various forms of trade and loan financing[111] - The company accepted a financing letter from Lender B on October 31, 2023, for a total amount of up to HKD 18,000,000 for trade financing and revolving loans[115] Operational Insights - The company is focused on optimizing operational cost efficiency and diversifying its business portfolio to support sustainable long-term development[96] - The company is actively seeking additional business opportunities, including the sale of other alcoholic beverages and providing marketing services for new alcoholic beverage brands[96] - The company has established a tracking and reporting system to monitor foreign exchange rate fluctuations, allowing for effective risk management and procurement strategy adjustments[90] - The company currently has no foreign currency hedging policy but is prepared to implement appropriate measures if foreign exchange risks increase[90] - The company has ceased holding any foreign currency-denominated collateral bank deposits since October 2016 to manage foreign exchange risk[88] Employee Information - The total employee costs for the period were 4,756 thousand HKD, down from 5,510 thousand HKD in the previous year, showing a decrease of approximately 13.7%[44] - The total number of employees increased from 24 to 28 between March 31, 2024, and September 30, 2024, with total employee benefits expenses reaching approximately HKD 5.5 million and HKD 4.8 million for the six months ending September 30, 2023, and the current period, respectively[92] Other Information - The company did not declare any dividends for the current period, consistent with the previous year[49] - The company has not purchased, sold, or redeemed any of its listed securities during the reporting period[119] - There were no significant acquisitions or disposals of subsidiaries, associates, or joint ventures during the period[85] - The company recorded a loss of approximately 62 thousand HKD from the sale of property and equipment, compared to a gain of 165 thousand HKD in the same period of 2023[50] - The company’s bank interest income and rental income were not specified but are part of the other income category, which accounted for less than 10% of total revenue[37] - The report will be published on the Hong Kong Stock Exchange website and the company's website for at least seven days from the publication date[127]

Financial Performance - Revenue for the six months ended September 30, 2024, was HKD 157,836,000, representing an increase of 86.3% compared to HKD 84,674,000 for the same period in 2023[4] - Gross profit for the same period was HKD 30,137,000, up 26.0% from HKD 23,898,000 year-over-year[4] - Profit before tax increased to HKD 13,983,000, a significant rise of 160.5% from HKD 5,370,000 in the previous year[4] - Net profit for the period was HKD 11,004,000, compared to HKD 3,710,000 in the prior year, marking an increase of 195.4%[4] - Basic and diluted earnings per share rose to HKD 2.75, up from HKD 0.94, reflecting a growth of 193.6%[6] - The company reported a total comprehensive income of HKD 10,998,000 for the period, compared to HKD 3,723,000 in the previous year, an increase of 195.5%[6] - The net profit for the six months ended September 30, 2024, was HKD 11,006,000, compared to HKD 3,743,000 for the same period in 2023, representing an increase of about 194%[12] - The total comprehensive income for the six months ended September 30, 2024, was HKD 11,020,000, significantly higher than HKD 3,781,000 for the same period in 2023, marking an increase of about 192%[12] Assets and Liabilities - Total assets as of September 30, 2024, were HKD 316,170,000, compared to HKD 299,089,000 as of March 31, 2024, indicating an increase of 5.7%[8] - Inventory increased to HKD 184,392,000 from HKD 152,822,000, representing a rise of 20.6%[8] - Non-current assets decreased to HKD 144,890,000 from HKD 149,038,000, a decline of 2.4%[8] - Current liabilities increased to HKD 155,445,000 from HKD 153,645,000, reflecting a rise of 1.2%[10] - As of September 30, 2024, total equity increased to HKD 305,472,000 from HKD 263,304,000 as of March 31, 2023, reflecting a growth of approximately 16%[12] - The company’s total liabilities decreased from HKD 1,292,000 to HKD 1,382,000 in the same period, indicating a reduction in non-controlling interests[12] Cash Flow and Financing - Operating cash flow before tax profit for the six months ended September 30, 2024, was HKD 23,054,000, up from HKD 14,214,000 in 2023, indicating a growth of approximately 62%[15] - The company raised new bank loans amounting to HKD 74,976,000 during the financing activities for the six months ended September 30, 2024, compared to HKD 40,652,000 in the previous year[17] - The company reported a decrease in cash and cash equivalents of HKD 4,869,000 for the six months ended September 30, 2024, compared to a decrease of HKD 5,490,000 in the same period of 2023[17] - Financing costs increased to HKD 4,673,000 for the six months ended September 30, 2024, compared to HKD 4,372,000 in 2023, representing an increase of 6.9%[31] Revenue Sources - Revenue from wine products increased to HKD 134,875,000 for the six months ended September 30, 2024, compared to HKD 83,399,000 in the same period of 2023, representing a growth of 61.5%[25] - The cost of goods sold for the six months ended September 30, 2024, was HKD 127,699,000, compared to HKD 60,776,000 in 2023, reflecting a rise of 109.7%[33] - The cost of sales rose by approximately 110.1% to about HKD 127.7 million, directly related to the increase in revenue[49] Corporate Governance and Shareholder Information - The company is committed to maintaining high levels of corporate governance to protect shareholder interests and enhance company value[97] - The company has complied with all provisions of the corporate governance code, except for the separation of roles between the Chairman and the CEO, which is currently held by Ms. Wang Zilu[98] - The Board believes that the dual role of the Chairman and CEO will enhance the effectiveness of business strategy planning and execution[98] - As of the announcement date, the major shareholder, Ms. Wang Zilu, holds a 70% stake in the company[88] Employee and Operational Information - The total employee count increased from 24 to 28 between March 31, 2024, and September 30, 2024[74] - Employee benefits expenses for the six months ending September 30, 2023, were approximately HKD 5.5 million, while for the current period, it was about HKD 4.8 million[74] Strategic Initiatives - The company is actively seeking additional business opportunities, including the sale of other alcoholic beverages and marketing services for new product lines[75] - The company has not reported any new product launches or significant market expansion strategies during the current period[24] - The company has no significant investments or acquisitions during the reporting period[66][68] Financing Agreements - The financing agreement with Lender A includes a total financing amount of up to HKD 63,000,000, which consists of a new three-year term loan and other trade financing[83] - The updated financing agreement increased the trade financing amount by HKD 7,000,000, bringing the total to a maximum of HKD 70,000,000[85] - The renewed financing agreement allows for a total financing amount of up to HKD 73,000,000, including a three-year term loan and other trade financing[86] - The latest financing agreement allows for a maximum financing amount of up to HKD 98,000,000, which includes various forms of trade and loan financing[87]

Business Strategy and Market Expansion - The Group is focused on diversifying and creating new sales channels while enhancing operational efficiency through optimized processes[17]. - The Group aims to expand its customer base and supply channels, targeting both existing and emerging markets[17]. - The Group is actively exploring additional business opportunities, including selling other liquor products and providing related promotion and marketing services[17]. - The Group's strategy includes ongoing development of its wine and alcoholic beverage operations to strengthen its leading position in Hong Kong's wine industry[17]. - The Group is committed to driving further market expansion globally[17]. - Future strategies include expanding the customer base and supply channels, diversifying the business, and capitalizing on opportunities in existing and emerging markets[29]. - The Group aims to strengthen its leadership position in the Hong Kong wine industry and expand into global markets[29]. - The company is focusing on expanding its market presence and enhancing its product offerings through new strategies and technologies[105]. - The company is exploring potential mergers and acquisitions to enhance its market position and expand its product portfolio[105]. - The company plans to establish distribution points in the Guangdong-Hong Kong-Macao Greater Bay Area over the next few years[120]. - The company envisions diversifying and expanding its business over the next decade[120]. Financial Performance - The Group's revenue increased by approximately 46.6% from approximately HK$147.7 million for the year ended March 31, 2023, to approximately HK$216.6 million for the year ended March 31, 2024[26]. - Profit for the year amounted to approximately HK$31.2 million, representing an increase of approximately 90.7% from approximately HK$16.3 million in the previous year[26]. - The increase in revenue was primarily driven by improved demand for wine products, while profit growth was supported by reduced selling and distribution expenses and administrative expenses due to cost reduction measures[26]. - The Group's gross profit increased by approximately 28.5% from approximately HK$59.7 million for the year ended March 31, 2023, to approximately HK$76.8 million for the Year, with a gross profit margin of approximately 35.4%[66]. - The increase in profit was mainly due to higher revenue, decreased selling and distribution expenses, and administrative expenses, partially offset by increased finance costs[82]. - The Group's current ratio improved from approximately 1.7 as at March 31, 2023, to approximately 1.9 as at March 31, 2024, due to increased inventories and trade receivables[66]. - The gearing ratio decreased from approximately 54.9% as at March 31, 2023, to approximately 45.6% as at March 31, 2024, indicating improved financial stability[66]. - The company reported a significant increase in revenue, achieving a total of $500 million for the fiscal year, representing a 20% growth compared to the previous year[131]. - The company provided an optimistic outlook for the next fiscal year, projecting a revenue growth of 25% driven by new product launches and market expansion strategies[131]. Cost Management and Operational Efficiency - The Group's operational efficiency is being enhanced through process optimization and the creation of new sales channels[29]. - Selling and distribution expenses decreased from approximately HK$12.4 million for the year ended March 31, 2023, to approximately HK$10.9 million for the Year, attributed to cost reduction measures[66]. - Administrative expenses decreased from approximately HK$21.7 million for the year ended March 31, 2023, to approximately HK$16.4 million for the Year, mainly due to reduced depreciation and cost efficiency measures[67]. - The Group aims to optimise operational cost efficiency as part of its strategy for sustainable long-term performance[49]. - The company has implemented new technology solutions aimed at improving operational efficiency, projected to reduce costs by 5% annually[131]. Corporate Governance and Compliance - The company is committed to corporate governance and internal control to ensure operational efficiency[106]. - The company has adhered to all provisions of the corporate governance code during the year, except for specific deviations explained in the corporate governance report[121]. - The Board has reviewed the Shareholders' Communication Policy and confirmed its appropriateness and effective implementation for the Year[150]. - The Company recognizes the importance of timely disclosure of corporate information to enable shareholders to make informed investment decisions[150]. - The Board encourages shareholders to attend general meetings to raise concerns directly with management[150]. - The Company provides shareholders with contact details for inquiries, including a telephone hotline and email address[150]. Environmental, Social, and Governance (ESG) Initiatives - The Group actively responds to environmental policies such as carbon neutrality, energy conservation, and waste reduction[158]. - The Board is responsible for the Group's ESG strategies, management approach, and reporting, ensuring effective ESG risk management[159]. - The Group has set targets for material ESG issues, including greenhouse gas emissions, waste management, energy consumption, and water consumption[158]. - The Group's environmental policy aims to manage its environmental footprint across its operating markets, with no material non-compliance reported regarding air and GHG emissions[172]. - The Group is committed to minimizing adverse environmental impacts by improving existing policies and incorporating green practices in daily operations[172]. - The Group has set a goal to conduct two recycling activities annually starting from the year ending 31 March 2023 to raise employee awareness on waste reduction[177]. - The gender ratio in the workforce, including senior management, is 50% female and 50% male, reflecting adherence to gender equality principles[196]. - The Group has been awarded the Caring Company Logo for the seventh consecutive year, recognizing its contributions to community services and donations[166]. Employee and Management Information - Total employee benefit expenses amounted to approximately HK$12.2 million and HK$10.4 million for the years ended March 31, 2023, and 2024, respectively[100]. - The Group's total number of employees decreased from 30 to 24 between March 31, 2023, and 2024[100]. - The remuneration package for employees is assessed annually to ensure competitiveness[100]. - The management team is focused on executing board policies and strategies to achieve the group's strategic objectives[138]. - The company has a strong leadership team with extensive experience in the wine industry and financial management[115].

Financial Performance - For the fiscal year ending March 31, 2024, the company reported total revenue of HKD 216,553,000, a 46.7% increase from HKD 147,727,000 in the previous year[4] - Gross profit for the same period was HKD 76,753,000, up 28.5% from HKD 59,728,000 year-on-year[4] - The company's net profit for the year was HKD 31,159,000, representing a significant increase of 91.0% compared to HKD 16,335,000 in the prior year[4] - Basic and diluted earnings per share rose to HKD 7.80, compared to HKD 4.15 in the previous year, marking an increase of 87.7%[4] - The company reported a total comprehensive income of HKD 31,170,000 for the year, compared to HKD 16,356,000 in the previous year, an increase of 91.0%[4] - Profit before tax increased to HKD 31,201 thousand in 2024, up from HKD 16,599 thousand in 2023, reflecting an increase of 88.1%[24] - The group recorded a net profit of approximately HKD 31.2 million for the year, compared to HKD 16.3 million for the previous year, driven by increased revenue and cost-saving measures[41] Revenue and Sales - Revenue from wine products increased to HKD 126,415 thousand in 2024, up from HKD 70,069 thousand in 2023, representing an increase of 80.5%[15] - Total revenue for the year reached HKD 216,553 thousand, compared to HKD 147,727 thousand in the previous year, marking a growth of 46.6%[15] - The group's revenue increased by approximately 46.6% from about HKD 147.7 million to approximately HKD 216.6 million for the year ending March 31, 2024[31] Costs and Expenses - The cost of goods sold for the year was HKD 139,800 thousand, up from HKD 87,999 thousand in the previous year, an increase of 58.7%[21] - Financing costs rose to HKD 9,294 thousand in 2024 from HKD 5,789 thousand in 2023, an increase of 60.5%[20] - Administrative expenses decreased from about HKD 21.7 million to approximately HKD 16.4 million, mainly due to reduced depreciation and ongoing cost-saving measures[38] - The company’s total employee costs decreased to HKD 10,375 thousand in 2024 from HKD 12,196 thousand in 2023, a reduction of 14.9%[21] Assets and Liabilities - Total assets as of March 31, 2024, were HKD 294,482,000, an increase from HKD 264,815,000 in the previous year[6] - The company's cash and cash equivalents decreased to HKD 2,889,000 from HKD 5,754,000, indicating a reduction in liquidity[5] - Inventory levels increased to HKD 152,822,000 from HKD 138,765,000, reflecting a 10.1% rise year-on-year[5] - Trade receivables rose to HKD 52,304,000, up from HKD 44,804,000, indicating a 16.3% increase[5] - The current ratio improved from approximately 1.7 to 1.9, attributed to increases in inventory and trade receivables, along with a decrease in bank borrowings[44] - The debt-to-equity ratio decreased from approximately 54.9% to 45.6%[44] Dividends and Shareholder Information - The company did not declare or propose any dividends for both years, maintaining a consistent policy[25] - The board did not recommend a final dividend for the year, consistent with the previous year[42] - As of the announcement date, Ms. Wang Zilu holds a 70% stake in the company[63] - The company confirms that all directors and major shareholders have complied with their non-competition agreements during the year[65] Financing and Investments - The group has secured a financing letter from Chuang Hing Bank for a total amount of up to HKD 70 million, which includes a new three-year term loan and trade financing[59] - The group has entered into a financing letter with Fubon Bank for a total amount of up to HKD 18 million for trade financing and revolving loans[60] - The company has accepted a new bank financing letter from Lender A, totaling up to HKD 73,000,000, which includes a three-year term loan and other trade and loan financing[61] - An overdraft facility of up to HKD 3,000,000 is also included in the renewed financing letter, subject to Lender A's approval[61] Operational Strategies - The company plans to continue expanding its market presence and investing in new product development to drive future growth[11] - The group is actively seeking additional business opportunities, including the sale of other alcoholic beverages and providing marketing services for new product divisions[56] - The group is focused on optimizing operational cost efficiency and diversifying its business portfolio for sustainable long-term development[56] - The group has established a tracking and reporting system to monitor foreign exchange rate fluctuations and adjust procurement strategies accordingly[54] - The group has ceased holding any foreign currency-denominated collateral bank deposits since October 2016 to manage foreign exchange risks[54] - The group believes that its listing on the GEM enhances its corporate visibility and market recognition, improving its bargaining power with suppliers[56] Compliance and Audit - The audit committee has reviewed the audited consolidated financial statements for the year, confirming compliance with applicable accounting standards and GEM listing rules[70] - The company has begun evaluating the impact of new and revised Hong Kong Financial Reporting Standards but has not determined any significant effects on its operational performance[13] - The group has not reported any significant contingent liabilities as of March 31, 2024, and March 31, 2023[52]

Financial Performance - For the six months ended September 30, 2023, the company reported revenue of HKD 84,674,000, a 38.3% increase compared to HKD 61,197,000 for the same period in 2022[5] - Gross profit for the six months was HKD 23,898,000, representing a slight increase of 3.8% from HKD 23,019,000 in the previous year[5] - The company achieved a profit before tax of HKD 5,370,000, up 47.0% from HKD 3,656,000 in the same period last year[5] - Net profit attributable to owners of the company for the six months was HKD 3,743,000, an increase of 49.1% compared to HKD 2,509,000 in 2022[7] - Basic and diluted earnings per share for the six months were HKD 0.94, compared to HKD 0.63 for the same period in 2022, reflecting a 49.2% increase[7] - The company reported a total comprehensive income of HKD 3,723,000 for the six months, up from HKD 2,339,000 in the previous year[7] - The company reported a net profit of HKD 3,743,000 for the six months ended September 30, 2023, compared to HKD 2,509,000 for the same period in 2022, representing a year-on-year increase of 49.0%[12] - The company’s total comprehensive income for the six months ended September 30, 2023, was HKD 3,781,000, compared to HKD 2,509,000 in the previous year, reflecting a growth of 50.7%[12] Assets and Liabilities - The company’s total assets as of September 30, 2023, were HKD 269,082,000, a decrease from HKD 276,840,000 as of March 31, 2023[9] - The company’s cash and cash equivalents decreased significantly to HKD 105,000 from HKD 5,754,000 at the end of the previous reporting period[9] - The company’s inventory increased to HKD 144,167,000 from HKD 138,765,000, indicating a 3.0% rise[9] - The company’s non-current assets increased to HKD 154,296,000 from HKD 154,524,000, showing a slight decrease[9] - Total equity as of September 30, 2023, was HKD 267,027,000, up from HKD 246,948,000 as of March 31, 2022, indicating a growth of 8.2%[12] - The company’s total liabilities decreased from HKD 1,069,000 to HKD 1,350,000, indicating a reduction in financial obligations[12] Cash Flow and Financing - Operating cash flow before changes in working capital for the six months ended September 30, 2023, was HKD 14,214,000, an increase of 25.5% from HKD 11,339,000 in the same period of 2022[13] - The company raised new bank borrowings of HKD 40,652,000 during the six months ended September 30, 2023, slightly down from HKD 41,709,000 in the same period of 2022[14] - The net cash used in investing activities was HKD 307,000 for the six months ended September 30, 2023, compared to HKD 33,000 in the previous year[14] - The company reported a decrease in cash and cash equivalents of HKD 5,490,000 for the period, compared to a decrease of HKD 226,000 in the same period of 2022[14] - Financing costs for the six months ended September 30, 2023, totaled HKD 4,372,000, up from HKD 2,162,000 in the same period of 2022, marking an increase of 102%[29] Revenue Sources - For the three months ended September 30, 2023, total customer contract revenue was HKD 45,818,000, a significant increase from HKD 27,950,000 in the same period of 2022, representing a growth of 64%[23] - Wine product sales accounted for HKD 45,037,000 for the three months ended September 30, 2023, compared to HKD 3,707,000 in the same period of 2022, indicating a substantial increase of 1,115%[23] - The total revenue from other income for the six months ended September 30, 2023, was HKD 30,000, down from HKD 373,000 in the same period of 2022, indicating a decline of 92%[26] Expenses - Selling and distribution expenses decreased from about HKD 7.0 million to about HKD 5.9 million due to ongoing cost reduction efforts[51] - Administrative expenses reduced from about HKD 10.9 million to about HKD 8.1 million, mainly due to decreased employee costs and depreciation[53] - The company’s total employee costs for the six months ended September 30, 2023, were HKD 5,510,000, a decrease from HKD 7,030,000 in the same period of 2022, representing a reduction of 22%[30] - Income tax expenses rose by approximately 26.0% from about HKD 1.3 million to about HKD 1.7 million due to increased taxable profits[55] Corporate Governance - The company has adopted all applicable principles of the corporate governance code as per GEM Listing Rules Appendix 15, except for the separation of roles between the Chairman and the CEO, which is currently held by Ms. Wang Zilu[92] - Ms. Wang Zilu was appointed as the Chairman of the Board and CEO on September 14, 2023, which deviates from the corporate governance code[92] - The Audit Committee, consisting of three independent non-executive directors, has reviewed the unaudited consolidated results for the period and confirmed compliance with applicable accounting standards and GEM Listing Rules[95] - The company is committed to maintaining a high level of corporate governance to protect shareholder interests and enhance company value[92] Shareholder Information - As of September 30, 2023, the company has a total of 400,000,000 shares issued, with major shareholders holding 70% of the shares[78] - Ms. Wang Zilu and Mr. Ding Zhiwei collectively hold 280,000,000 shares, representing 70% of the company's issued share capital[80] - The company is committed to ensuring that its major shareholders maintain at least 50% beneficial ownership[82] Future Outlook - The company is exploring collaborations with other alcoholic beverage brands to expand revenue sources and achieve synergies with existing operations[76] - The company aims to enhance its business portfolio and believes that ongoing developments will drive sustainable growth in the long term[76]

Wine’s Link International Holdings Limited 威 揚 酒 業 國 際 控 股 有 限 公 司 （於開曼群島註冊成立之有限公司） （股份代號： 8509） 截至二零二三年九月三十日止六個月之中期業績公告 GEM 香港聯合交易所有限公司（「聯交所」） 之特色 GEM之定位，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之公 司帶有較高投資風險。有意投資者應了解投資於該等公司之潛在風險，並應經過審慎周詳之 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買賣之證券可能會較於主板買賣之證券承受較 大之市場波動風險，同時無法保證在GEM買賣之證券會有高流通量之市場。 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。 本公告載有遵照聯交所GEM證券上市規則（「GEM上市規則」）而提供有關威揚酒業國際控股有 限公司（「本公司」）之資料，本公司之董事（「董事」）願就本公告共同及個別承擔全部責任。董 事在作出 ...