（文章来源：证券时报网） 公司是一家在香港知名的餐饮集团，旗下拥有多个屡获殊荣的餐厅品牌，包括"都爹利会 馆"、"Andō"、"Louise"、"MONO"、"Estro"及"Chachawan"。业绩公告指出，由于香港本地居民更倾向 于出境旅游，访港游客数量尚未恢复，对集团的生意造成了一定影响。 新享时代公布截至2025年6月30日止的六个月中期业绩。期内，公司实现收入1.23亿港元，同比增长 0.44%；股东应占溢利为170.8万港元，同比增长107.03%；每股基本盈利为0.294港仙。 ...

Core Viewpoint - New Era (08519) reported a revenue of HKD 123 million for the six months ending June 30, 2025, reflecting a year-on-year increase of 0.44% and a profit attributable to owners of HKD 1.708 million, which represents a significant year-on-year increase of 107.03% [1] Group 1: Financial Performance - The company achieved a revenue of HKD 123 million, marking a 0.44% increase compared to the previous year [1] - Profit attributable to owners reached HKD 1.708 million, showing a substantial increase of 107.03% year-on-year [1] - Basic earnings per share were reported at 0.294 HKD cents [1] Group 2: Business Operations - The group operates six restaurant brands, including "Duddell's," "Andō," "Louise," "MONO," "Estro," and "Chachawan," providing diverse dining options for customers [1] - The business faced challenges due to a preference among local Hong Kong residents to travel abroad and a slow recovery in tourist numbers visiting Hong Kong [1]

智通财经APP讯，新享时代(08519)发布截至2025年6月30日止6个月的中期业绩，该公司取得收入1.23亿 港元，同比增加0.44%;公司拥有人应占期内溢利170.8万港元，同比增加107.03%;每股基本盈利0.294港 仙。 公告称，集团是香港一家知名餐饮集团，餐厅屡获奖项。截至2025年6月30日止6个月，集团经营6个品 牌餐厅，包括包括"都爹利会馆"、"Andō"、"Louise"、"MONO"、"Estro"及"Chachawan"，为顾客带来 多元化的用餐选择。于回顾期内，香港本籍人士乐于离港旅行，访港游客数量有待增加，因此生意受到 影响。 ...

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之任何損失承擔任何責任。 截至2025年6月30日止六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的定位乃為相比起其他在聯交所上市的公司帶有較高投資風險的中小型公司提供一 個上市的市場。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。 XinXiang Era Group Company Limited 新 享 時 代 集 團 有 限 公 司 （ 於 開 曼 群 島 註 冊 成 立 的 有 限 公 司 ） （股份代號： 8519） 本公司董事會（「董事會」）欣然公告本公司及其附屬公司截至2025年6月30日止六個月之未 經審核簡明綜合業績（「中期業績」）。本公告載有本公司2025年中期報告全文，符合GEM 上市規則有關隨附中期業績初步公告的資料的相關披露規定。 本公司2025年中期報告印刷本將於適當時候寄發予本公司股東，並於聯交所網站 www.hkexnew ...

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 等內容而引致之任何損失承擔任何責任。 XinXiang Era Group Company Limited 8519 董事會會議召開日期 新享時代集團有限公司（「本公司」）董事（「董事」）會（「董事會」）茲通告謹定二零二五年八月二十五 日舉行董事會會議，以（其中包括）考慮及批准本公司及其附屬公司截至二零二五年六月三十日止 之六個月的未經審核綜合財務業績及其發佈，以及考慮派發股息（如有）。 承董事會命 新享時代集團有限公司 主席兼非執行董事 劉恩宇 香港，二零二五年八月十一日 於本公告日期，執行董事為孔令磊先生及溫雪儀女士；非執行董事為劉恩宇先生（主席）及彭犇先 生；及獨立非執行董事為鄧永玲女士、毛曉碧女士及馬麗娜女士。 本公告資料乃遵照GEM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 共同及個別地承擔全部責任。各董事在作出一切合理查詢後，確認就其所知及所信，本公告所載 資料在各重要方面均屬準確完備，沒有誤導或欺詐成分，且 ...

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: 新享時代集團有限公司 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) | 08519 | 說明 | 普通股 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 2,500,000,000 | HKD | | 0.02 | HKD | | 50,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 2,500,000,000 | HKD | | 0.02 | HKD | | 50,000,000 | 本月底法定/ ...

Financial Performance - The company reported a significant increase in revenue, achieving a total of $XX million, representing a YY% growth compared to the previous year[5]. - Revenue for the year ended December 31, 2024, was HK$244,604,000, a decrease of 12.2% from HK$278,542,000 in 2023[22]. - For the year ended December 31, 2024, the Group recorded revenue of approximately HK$244.6 million, a decrease of approximately HK$33.9 million or 12.2% compared to HK$278.5 million in 2023[49]. - Loss before taxation improved to HK$6,312,000 in 2024 from HK$9,453,000 in 2023[22]. - The total deficit increased to HK$15,218,000 in 2024 from HK$10,827,000 in 2023[23]. - Loss attributable to owners of the Company was approximately HK$6.6 million for the year ended December 31, 2024, an increase of approximately HK$4.8 million from a loss of approximately HK$1.8 million in 2023[57]. User Engagement and Market Expansion - User data showed an increase in active users, reaching a total of ZZ million, which is an increase of AA% year-over-year[5]. - The company provided a positive outlook for the next fiscal year, projecting revenue growth of BB% and an increase in user engagement metrics[5]. - Market expansion plans include entering new geographic regions, with a target of increasing market share by EE% in the next year[5]. - The Group plans to establish a high-end Hunan cuisine brand and expand branches in multiple areas in Mainland China[29]. - The Group remains optimistic about the recovery of Hong Kong's food and beverage industry in 2025, driven by an increase in tourists visiting Hong Kong[48]. Strategic Initiatives - New product launches are expected to contribute to revenue, with an estimated impact of $CC million in the upcoming quarter[5]. - The company is investing in new technology development, allocating $DD million towards R&D initiatives aimed at enhancing product offerings[5]. - The company is considering strategic acquisitions to bolster its market position, with potential targets identified that could add $FF million in annual revenue[5]. - The company has established new partnerships that are expected to enhance distribution channels and increase sales by HH%[5]. Cost Management and Financial Health - Cost management strategies are being implemented, aiming to reduce operational expenses by GG% over the next fiscal year[5]. - The Group's cash and cash equivalents were approximately HK$9.2 million as of December 31, 2024, down from approximately HK$10.4 million in 2023, and there were no bank borrowings as of December 31, 2024[60]. - The Group's net current liabilities amounted to HK$29.0 million for the year ended December 31, 2024, indicating a material uncertainty regarding its ability to continue as a going concern[132][136]. - The Group's current ratio improved to approximately 0.5 from 0.4 in 2023, with net current liabilities decreasing to approximately HK$29.0 million from HK$41.6 million[58][59]. Leadership and Governance - Mr. Kong Linglei was appointed as the CEO and Executive Director on February 15, 2024, bringing extensive experience in the catering and media industries[105]. - Mr. Liu Enyu was appointed as the Non-Executive Director and Chairman of the Board on February 9, 2024, with a background in brand management and operations in the catering sector[106]. - The roles of chairman and chief executive officer were separated on February 15, 2024, with Mr. Liu Enyu appointed as chairman and Mr. Kong Linglei as CEO[121][126]. - The company has expanded its leadership team with diverse expertise in catering, technology, and management, enhancing its strategic direction[113]. - The company has complied with the Corporate Governance Code provisions during the year under review, except for deviations from code provisions C.2.1 and D.2.5[119]. Corporate Governance and Compliance - The company is committed to high standards of corporate governance to safeguard and enhance shareholders' interests[118]. - The Board consists of seven Directors, including two executive Directors, two non-executive Directors, and three independent non-executive Directors, ensuring a balance of skills and experience[140][144]. - The Company has established four committees: Audit, Remuneration, Nomination, and Legal Compliance, each with delegated powers[196]. - The Audit Committee will continue to review the necessity of an internal audit function annually, considering the cost-effectiveness of appointing external professionals[130]. - The Company has a policy for Directors to seek independent professional advice at the Company's expense[194]. Awards and Recognition - Five restaurants were awarded one MICHELIN star each, marking a significant achievement for the Group[42]. - The Group's restaurants received multiple awards, including Michelin stars for five restaurants, highlighting its commitment to quality and innovation[46]. Future Plans and Investments - The company plans to fully utilize the proceeds from Placing I and Placing II by December 31, 2025[100]. - The company is also investing HK$2.5 million in potential PRC or overseas food and beverage related investment opportunities from Placing I[93]. - The company intends to continue evaluating its operations and financial performance when applying the proceeds from both placings[100].

Financial Performance - The company's revenue for the year ended December 31, 2024, was HKD 244,604,000, a decrease of 12.2% compared to HKD 278,542,000 in 2023[5] - Other income increased significantly to HKD 3,708,000 from HKD 1,427,000, representing a growth of 159.5%[5] - The company reported a loss before tax of HKD 6,312,000, an improvement from a loss of HKD 9,453,000 in the previous year, indicating a reduction in losses by 33.5%[5] - The total comprehensive loss for the year was HKD 8,555,000, compared to HKD 6,745,000 in 2023, reflecting an increase in losses by 27.0%[5] - Basic and diluted loss per share was HKD 1.14, compared to HKD 0.31 in the previous year, indicating a significant increase in loss per share[5] - The group recorded a net loss of HKD 8,487,000 for the year ended December 31, 2024[21] - Revenue from high-end dining decreased to HKD 140,320,000 in 2024 from HKD 165,020,000 in 2023, representing a decline of approximately 15%[25] - Revenue from mid-range dining dropped to HKD 7,532,000 in 2024 from HKD 16,750,000 in 2023, a decrease of about 55%[25] - Total revenue from dining services for 2024 was HKD 244,604,000, down from HKD 278,542,000 in 2023, indicating a decline of around 12%[25] - The pre-tax loss for 2024 was HKD 21,745,000, a decrease of 24.8% from HKD 28,878,000 in 2023[32] - The net loss attributable to the company's owners for the fiscal year ending December 31, 2024, was approximately HKD 6.6 million, an increase of about HKD 4.8 million from a loss of HKD 1.8 million in 2023[60] Assets and Liabilities - Non-current assets decreased to HKD 27,140,000 from HKD 57,663,000, a decline of 53.1%[6] - Current liabilities decreased to HKD 56,094,000 from HKD 71,641,000, a reduction of 21.8%[6] - The company's cash and cash equivalents stood at HKD 9,162,000, down from HKD 10,359,000, a decrease of 11.5%[6] - The total equity attributable to owners of the company was HKD (1,728,000), compared to HKD 775,000 in 2023, indicating a deterioration in equity position[7] - Current liabilities net amount to HKD 28,976,000 and total liabilities net amount to HKD 15,218,000 as of the same date[21] - Non-current assets located in Hong Kong amounted to approximately HKD 15,132,000 in 2024, down from HKD 33,458,000 in 2023, indicating a significant decrease of 54.8%[28] - The company reported a basic and diluted loss per share of HKD 11.40 for 2024, compared to HKD 3.11 in 2023, indicating a significant increase in loss per share[36] - The company reported a net current liability of approximately HKD 29.0 million as of December 31, 2024, compared to HKD 41.6 million in 2023[61] Operational Changes - The company closed two restaurants, "Mak Mak" and "22 Ships," in September and August 2024, respectively, contributing to the revenue decline[55] - The company is focused on expanding its restaurant operations in Hong Kong, as indicated by its strategic initiatives[10] - The group is implementing measures to strengthen cost control over employee expenses to improve working capital and cash flow[24] - The company achieved a significant milestone with five restaurants receiving Michelin one-star ratings, showcasing its commitment to quality and innovation[51] - The rental expenses increased to approximately HKD 24.6 million for the fiscal year ending December 31, 2024, due to a 14.0% increase in revenue at the "Hong Kong Airport Duddell's" location[59] - The company remains optimistic about the recovery of the Hong Kong dining industry in 2025, driven by an increase in visitors[54] Governance and Compliance - The company has adopted a code of conduct for securities trading, ensuring compliance with GEM listing rules[94] - The company has maintained compliance with corporate governance codes, with a commitment to review its governance structure regularly[97] - The roles of the chairman and CEO were separated on February 15, 2024, with Liu Enyu appointed as chairman and Kong Linglei as CEO[98][100] - The company has established a comprehensive internal control and risk management system, which was reviewed by the Audit Committee[107] - The new appointments in the board aim to enhance governance and compliance oversight[104] - The independent auditor confirmed that the figures in the consolidated financial statements are consistent with the amounts reported for the fiscal year ending December 31, 2024[108] Future Outlook and Plans - The group plans to apply new Hong Kong Financial Reporting Standards upon their effective date, with no significant impact expected on the consolidated financial statements in the foreseeable future[14] - The group is assessing the impact of new accounting standards on its consolidated financial statements, particularly regarding performance indicators and additional disclosures[17] - The company plans to utilize proceeds from a previous placement to develop cloud kitchen operations and upgrade sales channels, with approximately HKD 4.5 million (34.1%) allocated for this purpose[78] - The proceeds from a second placement are intended for expanding premium coffee services, with HKD 9.0 million (51.4%) earmarked for this initiative[82] - The company has no major investments or acquisitions planned for the upcoming year[73] Employee and Labor Relations - As of December 31, 2024, the group had 255 employees, a decrease from 380 employees in 2023, with total employee costs for the year amounting to approximately HKD 97.4 million compared to HKD 103.2 million in 2023[83] - The company has not experienced any strikes, work stoppages, or significant labor disputes during the reporting year, maintaining good relations with employees[85] Shareholder and Financial Management - The company did not declare or propose any dividends for the year, consistent with 2023[35] - The company has no bank borrowings as of December 31, 2024, compared to approximately HKD 4.8 million in 2023[61] - The controlling shareholder has confirmed that they will not demand repayment of due amounts until it does not affect the company's ability to repay other obligations[69] - The company has no significant foreign exchange risk exposure as most transactions are settled in Hong Kong dollars[65] - The company has not established an internal audit function as of December 31, 2024, but plans to review the need for it annually[97]

Financial Performance - Revenue for the six months ended June 30, 2024, was HK$122,879,000, a decrease of HK$19,890,000 compared to HK$142,769,000 in the same period of 2023[9]. - The company reported a loss of HK$410,000 for the period, a decline of HK$4,098,000 from a profit of HK$3,688,000 in the previous year[9]. - Profit attributable to owners of the Company was HK$825,000, down from HK$4,330,000, representing a decrease of HK$3,505,000[9]. - Basic earnings per share decreased to HK$0.142 from HK$0.75, a decline of HK$0.608[9]. - Diluted earnings per share also fell to HK$0.140 from HK$0.75, a decrease of HK$0.61[9]. - The Group recorded an unaudited revenue of approximately HK$122.9 million for the six months ended 30 June 2024, representing a decrease of approximately 13.9% compared with the corresponding period in 2023[11]. - The unaudited profit attributable to the owners of the Company was approximately HK$0.8 million for the six months ended 30 June 2024, a decrease of approximately HK$3.5 million compared to the same period in 2023[11]. - The profit before taxation for the six months ended June 30, 2024, was HK$825,000, a decrease from HK$4,330,000 for the same period in 2023, representing a decline of approximately 81%[64]. Operational Efficiency and Strategy - The report indicates that the company is committed to improving its financial performance in the upcoming periods[9]. - The company is exploring new product development and market expansion strategies to enhance revenue streams[9]. - Management is focused on addressing the challenges faced in the current market environment to stabilize operations[9]. - The company plans to enhance its operational efficiency through strategic initiatives and potential partnerships[9]. - Future guidance remains cautious, with an emphasis on monitoring market conditions and adjusting strategies accordingly[9]. - The Group's strategic focus includes market expansion and new product development in the food sector[142]. Cost Management - Staff costs for the period were HK$48.4 million, down from HK$51.3 million in the previous year, indicating a reduction of approximately 5.7%[13]. - Advertising and promotion expenses decreased to HK$3.0 million from HK$4.9 million, reflecting a reduction of approximately 38.5%[14]. - Total staff costs for the six months ended June 30, 2024, amounted to approximately HK$48.4 million, down from approximately HK$51.3 million for the same period in 2023, representing a decrease of about 5.6%[146]. - The closure of "Agora" in October 2023 significantly impacted the Group's revenue and staff costs[113][119]. Assets and Liabilities - As of 30 June 2024, total assets less current liabilities amounted to HK$7.7 million, a decrease from HK$16.0 million as of 31 December 2023[18]. - The Group's net current liabilities were HK$35.8 million, an improvement from HK$41.6 million at the end of the previous year[18]. - As of June 30, 2024, the total liabilities amounted to HK$17,964,000, a decrease from HK$26,844,000 as of December 31, 2023, representing a reduction of approximately 33%[19]. - The net liabilities were reported at HK$(10,226,000) as of June 30, 2024, compared to HK$(10,827,000) at the end of 2023, indicating an improvement of about 5.5%[19]. - The total amount of trade payables aged over 90 days was HK$1,130,000, down from HK$1,542,000, a decrease of approximately 26.7%[89]. - The company reported a total of HK$26,432,000 in trade and other payables as of June 30, 2024, compared to HK$33,068,000 as of December 31, 2023, reflecting a decrease of about 20.1%[84]. Cash Flow - The cash and cash equivalents at the end of the period were HK$6,688,000, down from HK$8,675,000 at the same time last year, reflecting a decrease of approximately 23%[24]. - For the six months ended June 30, 2024, the net cash from operating activities was HK$9,587,000, compared to HK$16,219,000 for the same period in 2023, a decline of about 41%[24]. - The cash used in financing activities was HK$(11,573,000) for the six months ended June 30, 2024, compared to HK$(15,993,000) in the same period of 2023, reflecting a decrease of approximately 27.5%[24]. - The Company reported a net decrease in cash and cash equivalents of HK$(3,671,000) for the period, compared to a decrease of HK$(666,000) in the previous year, indicating a significant increase in cash outflow[24]. Market Performance - Fine dining revenue decreased to HK$67,242,000 from HK$86,538,000, representing a decline of 22.3%[37]. - Mid-market dining revenue decreased to HK$6,116,000 from HK$10,453,000, a decline of 41.5%[37]. - Casual dining revenue increased to HK$49,521,000 from HK$45,778,000, an increase of 12.0%[37]. - The Group remains optimistic about a gradual recovery in the Hong Kong food and beverage industry in Q3 and Q4 2024, driven by an anticipated increase in tourist arrivals[113]. Shareholder Information - The Company granted share options amounting to HK$1,011,000 during the period, contributing to the overall equity changes[22]. - The total equity attributable to owners of the Company decreased to HK$11,558,000 as of June 30, 2024, from HK$11,598,000 at the beginning of the year, a slight decline of about 0.3%[22]. - The Company completed a share consolidation on 25 March 2024, reducing the total number of issued shares from 1,159,780,000 to 579,890,000[130]. - Mr. Peng Ben holds 434,917,500 shares through his controlled corporation, representing approximately 75% of the issued share capital[154]. Corporate Governance - The Audit Committee reviewed the unaudited condensed consolidated results for the six months ended June 30, 2024, and confirmed compliance with applicable accounting standards and GEM Listing Rules[183]. - Ms. Wong Pui Yain resigned as chairperson on February 9, 2024, and ceased to be CEO on February 15, 2024; Mr. Liu Enyu was appointed as chairperson, and Mr. Kong Linglei as CEO[187]. - The Company fully complied with the code provision C.2.1 of the CG Code, separating the roles of chairman and CEO since February 15, 2024[187]. - The Board currently comprises two executive Directors, two non-executive Directors, and three independent non-executive Directors[190].

Financial Performance - The company reported unaudited consolidated revenue for the six months ended June 30, 2024, amounting to HKD 50 million, representing a 20% increase compared to the same period last year[2]. - The Group recorded an unaudited revenue of approximately HK$122.9 million for the six months ended 30 June 2024, representing a decrease of approximately 13.9% compared to the corresponding period in 2023[13]. - For the six months ended June 30, 2024, the Group's revenue from fine dining was HK$67,242,000, a decrease of 22.3% compared to HK$86,538,000 in the same period of 2023[39]. - Mid-market dining revenue decreased to HK$6,116,000, down 41.5% from HK$10,453,000 year-over-year[39]. - Casual dining revenue increased to HK$49,521,000, up 8.3% from HK$45,778,000 in the previous year[39]. - Total revenue for the six months ended June 30, 2024, was HK$122,879,000, a decline of 13.9% compared to HK$142,769,000 in 2023[39]. - The unaudited profit attributable to the owners of the Company was approximately HK$0.8 million for the six months ended 30 June 2024, a decrease of approximately HK$3.5 million compared to the same period in 2023[13]. - Basic earnings per share for the period was HK$0.142, down from HK$0.75 in the same period of 2023, representing a decrease of approximately 81.1%[11]. - Diluted earnings per share for the period was HK$0.140, also down from HK$0.75 in the same period of 2023, reflecting a similar decrease[11]. - For the six months ended June 30, 2024, the profit attributable to owners of the Company was HK$825,000, compared to HK$4,330,000 for the same period in 2023[67]. Operational Efficiency and Cost Management - The management highlighted a focus on improving operational efficiency, targeting a 5% reduction in costs by the end of 2024[2]. - Staff costs for the period were HK$48.4 million, a decrease from HK$51.3 million in the same period of 2023[15]. - Raw materials and consumables used amounted to HK$32.2 million, down from HK$37.9 million in the previous year, indicating a decrease of approximately 15.0%[15]. - Utility expenses for the period were HK$3.5 million, reflecting a decrease compared to the previous year's figure[15]. - Property rentals and related expenses were reported at HK$11.7 million, slightly up from HK$11.0 million in the previous year[15]. Future Outlook and Strategic Initiatives - The company provided a positive outlook for the second half of 2024, projecting a revenue growth of 25% year-over-year[2]. - New product launches are expected to contribute an additional HKD 10 million in revenue by the end of 2024[2]. - Market expansion plans include entering two new regions, which are anticipated to increase market share by 10%[2]. - The company is considering strategic acquisitions to bolster its product offerings and market presence, with a budget of HKD 15 million allocated for potential deals[2]. - The Group remains optimistic about a gradual recovery in the food and beverage industry in Q3 and Q4 2024, driven by an anticipated increase in tourists visiting Hong Kong[115]. Financial Position and Assets - The company's non-current assets decreased from HK$57,663,000 as of December 31, 2023, to HK$43,493,000 as of June 30, 2024, reflecting a reduction of about 24.6%[18]. - Current liabilities net amount improved from HK$41,646,000 at the end of 2023 to HK$35,755,000 by June 30, 2024, showing a decrease of approximately 14.1%[20]. - The total deficit attributable to owners of the company decreased from HK$10,827,000 as of December 31, 2023, to HK$10,226,000 as of June 30, 2024, indicating a reduction of about 5.5%[21]. - The company's cash and bank balances decreased from HK$10,359,000 at the end of 2023 to HK$6,688,000 by June 30, 2024, a decline of approximately 35.0%[20]. - The total assets less current liabilities decreased from HK$16,017,000 as of December 31, 2023, to HK$7,738,000 as of June 30, 2024, reflecting a decline of about 51.7%[20]. Share Capital and Corporate Governance - The company's issued share capital as of June 30, 2024, is 579,890,000 shares[162]. - The share consolidation was approved on March 21, 2024, consolidating every two existing shares into one[101]. - The Group's share capital as of June 30, 2024, was HK$50,000,000, with 2,500,000 shares issued after a consolidation[97]. - The Board does not recommend the payment of a dividend for the six months ended June 30, 2024, consistent with the previous year[13]. - The Audit Committee reviewed the unaudited condensed consolidated results for the six months ended June 30, 2024, ensuring compliance with applicable accounting standards[185]. Employee and Management Changes - As of June 30, 2024, the company employed 297 staff, a decrease from 380 employees as of December 31, 2023[148]. - The company maintains an attractive level of employee remuneration, which is reviewed periodically based on performance and business performance[148]. - Ms. Wong Pui Yain resigned as chairperson on February 9, 2024, and ceased to be CEO on February 15, 2024[189]. - Mr. Liu Enyu has been appointed as the chairman of the Board on February 9, 2024, and Mr. Kong Linglei has been appointed as CEO on February 15, 2024[189]. Market Conditions and Challenges - The Group's business has been affected due to locals in Hong Kong traveling outside the city and a lack of tourists visiting Hong Kong[108]. - The decrease in revenue was primarily due to fewer tourists visiting Hong Kong and the closure of the restaurant "Agora" in October 2023[115].