INTERIM REPORT 2025/26 中期報告 CONTENTS 目錄 Mr. Yip Yuk Kit (Chairman) (Chief Executive Officer) Mr. Cheung Chun Fai Mr. Zou Shuji (appointed on 21 November 2025) Independent Non-Executive Directors Mr. Lee Kwok Lun Mr. Chan Wa Shing Ms. Ding Xin AUDIT COMMITTEE Mr. Lee Kwok Lun (Chairman) Mr. Chan Wa Shing Ms. Ding Xin REMUNERATION COMMITTEE 2-3 Corporate Information 公司資料 4-11 Management Discussion and Analysis 管理層討論及分析 12-41 Condensed Consolidated Interim Financial Statements 簡明綜合中期財務報表 42-48 Corporate Govern ...

INTERIM REPORT 中期報告 2025-2026 2 Culturecom Holdings Limited Interim Report 2025-2026 Culturecom Holdings Limited 文化傳信集團有限公司 2025-2026 Interim Report 中期報告 中期業績報告 2025-2026 文化傳信集團有限公司 1 Mr. Wong Kon Man Jason (Chairman) Dr. Liu Ka Ying Rebecca (Vice Chairman) (retired on 26 August 2025) INDEPENDENT NON-EXECUTIVE DIRECTORS Mr. Wong Kwan Kit Mr. Mung Yat Lik Ms. Chan Shuk Man Lora (appointed on 25 November 2025) CHIEF EXECUTIVE OFFICER Dr. Liu Hin Wang Leris COMPANY SECRETARY CORPORATE INFORMATION Ms. Tsang Oi ...

中期報告 2025 2025 中期報告 2025 Interim Report 目錄 2 簡明綜合損益表 3 簡明綜合損益及其他全面收入表 4 簡明綜合財務狀況表 6 簡明綜合權益變動表 7 簡明綜合現金流量表 8 簡明綜合財務報表附註 20 管理層討論及分析 30 其他資料 1 中國國家文化產業集團有限公司 簡明綜合損益表 截至二零二五年九月三十日止六個月 | | | 截至九月三十日止六個月 | | | --- | --- | --- | --- | | | | 二零二五年 | 二零二四年 | | | 附註 | 千港元 | 千港元 | | | | （未經審核） | （未經審核） | | 營業額 | 5 | 27,782 | 26,070 | | 銷售成本 | | 22,621 | (22,506) | | 毛利 | | 5,161 | 3,564 | | 其他收益╱（虧損）淨額 | 6 | 12,777 | (1,259) | | 行政開支 | | (2,564) | (3,586) | | 除稅前溢利╱（虧損） | 7 | 15,374 | (1,281) | | 所得稅費用 | 8 | – | – | ...

中 期 報 告 CENTURY PLAZA HOTEL GROUP 新都酒店集 團 （於開曼群島註冊成立的有限公司） （原名為長城匯理公司） 股份代號： 8315 CENTURY PLAZA HOTEL GROUP 新都酒店集 團 (Formerly known as Greatwalle Inc.) (Incorporated in the Cayman Islands with limited liability) Stock Code: 8315 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的內容概不負責，對其準確性或完整性亦不發表任何聲明， 並明確表示概不就因本報告全部或任何部分內容而產生或因依賴該等內容而 ...

INTERIM REPORT FOR THE SIX MONTHS ENDED 30TH SEPTEMBER, 2025 中期業績報告 截至二零二五年九月三十日止六個月 STARLITE HOLDINGS LIMITED • INTERIM REPORT 2025 星光集團有限公司 ‧ 二零二五年中期業績報告 RESULTS The Group posted a loss of approximately HK$29 million for the six months ended 30th September, 2025, compared to profit of approximately HK$7 million in the same period last year. The Group recorded about HK$429 million in revenue which decreased by approximately 16% compared with the same period last year. During the reporting period, the globa ...

中期報告書 2025-2026 股份代號：0113 目錄 | | 頁次 | | --- | --- | | 集團資料 | 3 | | 代理主席報告書 | 4-5 | | 致董事局之審閱報告書 | 6 | | 綜合損益計算表 | 7 | | 綜合損益及其他全面收益表 | 8 | | 綜合財務狀況表 | 9 | | 綜合權益變動表 | 10 | | 簡明綜合現金流轉表 | 11-12 | | 未審計之中期財務報告書附註 | 13-24 | | 權益披露 | 25-26 | | 其他資料 | 27-30 | 2 集團資料 董事局： 集團執行主席： 潘廸生 * 代理主席： 陳漢松 # 執行董事： 潘冠達（首席營運官） 劉汝熹 獨立非執行董事： 潘廸生（主席）*# 潘冠達 陳漢松 馬清源 艾志思 馮愉敏 林詩韻 公司秘書： 柯淑英 審核委員會： 艾志思（主席） 馬清源 馮愉敏 提名委員會： 潘廸生（主席）* 陳漢松（主席）# 馬清源 艾志思 林詩韻 薪酬委員會： 馬清源（主席） 陳漢松 艾志思 投資委員會： 獨立核數師： 畢馬威會計師事務所 執業會計師 於《財務匯報局條例》下的 註冊公眾利益實體核數師 總辦事處及主要業 ...

Revenue and Profitability - Revenue for the six months ended September 30, 2025, was RMB 11,107,792, representing a 2.1% increase from RMB 10,876,637 in the same period of 2024[19]. - Profit attributable to equity holders decreased by 7.8% to RMB 1,717,427 from RMB 1,863,371[19]. - Basic and diluted earnings per share were RMB 14.55, down 7.8% from RMB 15.78[19]. - The Group's profit for the period was RMB 1,717,236, compared to RMB 1,862,321 for the same period in 2024, indicating a decrease of approximately 7.8%[169]. - Total comprehensive income for the period was RMB 1,788,728, slightly down from RMB 1,791,025 in 2024[129]. Gross Profit and Margins - Gross profit decreased slightly to RMB 5,131,748, down 0.2% from RMB 5,141,311 year-over-year[19]. - Gross profit margin declined to 46.2%, a decrease of 1.1 percentage points from 47.3%[19]. - The gross profit margin decreased by 1.1 percentage points to 46.2%, primarily due to increased unit costs of imported whole milk powder and palm oil offsetting decreases in other raw material costs[23]. - The gross profit margin for the dairy products and beverages segment was 47.8% for the first half of FY2025, a decrease of 2.5 percentage points year-on-year, primarily due to a double-digit increase in the unit cost of imported whole milk powder[73][76]. - The gross profit margin for the snack foods segment increased to 45.3% for the first half of FY2025, up by 1.0 percentage point year-on-year, attributed to a decrease in the unit cost of raw materials[74][77]. Operating Performance - Operating profit fell by 11.0% to RMB 2,260,712 compared to RMB 2,540,711 in the previous year[19]. - Operating profit margin also decreased to 20.4%, down 3.0 percentage points from 23.4%[19]. - The Group's overall operating expenses increased by 10.6%, mainly due to higher marketing and promotion expenses for new channels and products[23]. - Distribution costs rose by 13.2% to RMB 1,549.9 million, representing 14.0% of revenue, an increase of 1.4 percentage points year-on-year, mainly due to higher advertising and promotion expenses[75][78]. - Administrative expenses increased by 8.3% to RMB 1,652.4 million, with the ratio to revenue rising by 0.9 percentage points to 14.9%, driven by a double-digit increase in staffing expenses[79][83]. Cash Flow and Liquidity - The Group generated a net cash inflow of RMB 1.3054 billion from operating activities in the first half of FY 2025, while financing activities resulted in a net cash outflow of RMB 1.2686 billion[95]. - Cash and bank balances increased significantly to RMB 11.4459 billion as of September 30, 2025, from RMB 8.3465 billion as of March 31, 2025[126]. - Cash generated from operations for the six months ended September 30, 2025, was RMB 1,829,929,000, a decrease of 13.5% compared to RMB 2,114,344,000 in 2024[133]. - Net cash flows generated from operating activities amounted to RMB 1,305,422,000, down from RMB 1,433,759,000 in the previous year, reflecting a decline of 8.9%[133]. - The Group's cash and bank balances stood at RMB 11,445,880 as of September 30, 2025, reflecting a strong liquidity position[166]. Inventory and Receivables - Inventory turnover days increased to 80 days, compared to 74 days in the previous year[19]. - Trade receivables turnover days increased to 14 days, up from 13 days[19]. - Trade receivables from third parties increased to RMB 1,044,830,000 as of September 30, 2025, compared to RMB 851,820,000 as of March 31, 2025, reflecting a rise of 22.67%[182]. - The ageing analysis of trade receivables showed that the amount within 60 days increased significantly to RMB 839,223,000 as of September 30, 2025, compared to RMB 490,631,000 as of March 31, 2025, a growth of 70.94%[186]. - The provision for impairment of trade receivables increased to RMB 103,370,000 as of September 30, 2025, compared to RMB 75,281,000 as of March 31, 2025, indicating a rise of 37.4%[182]. Capital Expenditure and Investments - Capital expenditure for the first half of FY 2025 was RMB 662.0 million, an increase of 84% from RMB 359.0 million in the same period of FY 2024[96]. - The Group's investment in Vietnam production capacity aims to mitigate tariff risks and enhance operational efficiency in overseas markets[36]. - The Group plans to continue optimizing channel structures and increasing investment in product R&D and innovation to sustain high-quality growth[49]. Strategic Initiatives and Market Performance - Revenue from emerging channels achieved solid double-digit growth, accounting for more than 10% of the Group's total revenue in the first half of FY2025[33]. - Revenue from new products launched in the past five years accounted for a mid-teen percentage of total revenue, becoming a key growth driver for the Group[21]. - Specialty snack retail revenue grew rapidly, accounting for about 15% of the Group's total revenue[27]. - The Group's strategic collaborations with the NBA and other brands enhanced brand exposure and significantly improved brand influence among target consumer groups[40]. - Future strategies will emphasize channel refinement and brand differentiation, with increased investment in R&D and innovative marketing activities to support sustainable growth[47].

Financial Performance - Revenue for the six months ended September 30, 2025, was HKD 317,605,000, representing a 15% increase from HKD 276,058,000 in the same period of 2024[5] - Gross profit for the same period was HKD 36,263,000, up 81% from HKD 20,074,000 year-over-year[5] - The company reported a net loss of HKD 18,492,000 for the six months ended September 30, 2025, compared to a net loss of HKD 29,491,000 in the prior year, indicating a 37% improvement[6] - Basic loss per share improved to HKD 5.55 cents from a loss of HKD 8.85 cents year-over-year[6] - For the six months ended September 30, 2025, the company reported a pre-tax loss of HKD 17,061,000, an improvement from a loss of HKD 28,562,000 in the same period of 2024, representing a 40% reduction in losses[10] - The consolidated net loss for the period was HKD 18.5 million, an improvement from a net loss of HKD 29.5 million in the previous year[35] - Net loss for the six months ended September 30, 2025, was HKD 18.5 million, improving the net loss margin from -10.7% to -5.8% compared to the previous year[39] Assets and Liabilities - Total assets as of September 30, 2025, were HKD 574,994,000, an increase from HKD 536,843,000 as of March 31, 2025[7] - Current liabilities increased to HKD 227,643,000 from HKD 191,165,000, reflecting a 19% rise[8] - The company’s cash and cash equivalents decreased to HKD 122,691,000 from HKD 147,493,000, a decline of 17%[7] - Total cash and cash equivalents at the end of the period were HKD 262,822,000, down from HKD 337,177,000 a year earlier, reflecting a decrease of approximately 22%[11] - Total assets as of September 30, 2025, amounted to HKD 959.6 million, with total liabilities of HKD 227.6 million and shareholders' equity of HKD 703.3 million[42] Cash Flow - Operating cash flow before changes in working capital was HKD 214,000, a significant recovery from a negative cash flow of HKD 17,517,000 in the prior year[10] - The company experienced a net cash outflow from operating activities of HKD 70,039,000, compared to HKD 36,819,000 in the previous year, indicating increased cash consumption[10] - The company generated a net cash inflow from investing activities of HKD 25,769,000, a turnaround from a cash outflow of HKD 136,000 in the same period last year[11] Revenue Segmentation - Revenue from the European segment was HKD 49,516,000, while the Americas segment generated HKD 217,894,000, contributing to a total revenue of HKD 317,605,000 for the group[17] - Sales revenue increased by 15% to HKD 317.6 million, with Americas sales up 26.5% to HKD 217.9 million, accounting for 68.6% of total sales[38] Inventory and Receivables - Inventory levels rose to HKD 51,065,000, up 22% from HKD 41,732,000 in the previous period[7] - Trade receivables increased significantly to HKD 190,014,000, compared to HKD 91,079,000, marking a 109% increase[7] - Trade receivables from product sales increased to HKD 191.148 million as of September 30, 2025, from HKD 91.669 million as of March 31, 2025[30] - Trade payables increased to HKD 91.6 million as of September 30, 2025, compared to HKD 55.975 million as of March 31, 2025[32] Other Income and Expenses - Rental income decreased to HKD 7,261,000 from HKD 8,227,000 year-over-year, indicating a decline of approximately 11.8%[21] - Interest income fell to HKD 3,828,000 from HKD 7,788,000, representing a decrease of about 50.9% compared to the previous year[21] - The company’s total other income for the period was HKD 14,051,000, down from HKD 19,238,000 in the prior year, reflecting a decline of approximately 27%[21] Corporate Governance and Compliance - The board confirmed compliance with the corporate governance code as per the Hong Kong Stock Exchange listing rules during the reporting period[58] - The audit committee reviewed the unaudited consolidated financial statements and found them to comply with applicable accounting standards and legal requirements[60] Strategic Outlook - The company plans to enhance efficiency and reduce costs through operational streamlining and prudent supply chain management[41] - The geopolitical tensions and high import tariffs from the U.S. continue to impact consumer prices and demand, with a focus on mitigating these effects through collaboration with customers[40] - The company will seek growth opportunities through new customers, product categories, and online sales channels in mainland China[41] Employment and Shareholder Information - As of September 30, 2025, the group employed approximately 1,580 employees, an increase from 1,550 in 2024[47] - The public float of the company was approximately 24.04%, which is below the minimum requirement of 25% as per listing rules[56] - The company did not purchase, sell, or redeem any of its shares during the six months ending September 30, 2025[57] - The company did not declare any dividends for the six months ended September 30, 2025, compared to a dividend of HKD 0.02 per share in 2024[25] Market Challenges - The group faced challenges in the global business environment, including geopolitical tensions and changes in U.S. import tariffs[36]

目錄 | 公司資料 | 2 | | --- | --- | | 財務摘要 | 4 | | 主席報告 | 5 | | 簡明綜合財務報表審閱報告 | 7 | | 簡明綜合損益及其他全面收益表 | 9 | | 簡明綜合財務狀況表 | 11 | | 簡明綜合權益變動表 | 13 | | 簡明綜合現金流量表 | 14 | | 簡明綜合財務報表附註 | 15 | | 管理層討論與分析 | 45 | | 企業管治及其他資料 | 56 | 01 晉景新能控股有限公司 公司資料 董事會 執行董事 郭晋昇先生 （主席） 詹志豪先生 （首席執行官） 郭可兒女士 （營運總監） 鄧志堅先生 獨立非執行董事 侯穎承先生 藍章華先生 薛永恒教授 余仲良先生 審核委員會 余仲良先生 （主席） 侯穎承先生 藍章華先生 薛永恒教授 薪酬委員會 薛永恒教授 （主席） 詹志豪先生 郭可兒女士 藍章華先生 余仲良先生 提名委員會 郭晋昇先生 （主席） 侯穎承先生 薛永恒教授 公司秘書 朱沛祺先生 授權代表 郭晋昇先生 詹志豪先生 香港總部、總公司及 主要營業地點 公司資料 開曼群島主要股份過戶登記處 Appleby Global Services ( ...

KNT HOLDINGS LIMITED 嘉 藝 控 股有限公司 股份代號：1025 （於開曼群島註冊成立的有限公司） 中 期 報 告 2025 ⦂❸閆⯈ 目錄 | 公司資料 | 2 | | --- | --- | | 管理層討論及分析 | 3 | | 其他資料 | 13 | | 簡明綜合損益表 | 23 | | 簡明綜合損益及其他全面收益表 | 24 | | 簡明綜合財務狀況表 | 25 | | 簡明綜合權益變動表 | 27 | | 簡明綜合現金流量表 | 29 | | 簡明綜合財務報表附註 | 31 | 二零二五年中期報告 • 嘉藝控股有限公司 02 公司資料 董事會 執行董事 莊碩 （主席兼行政總裁） 莊斌 林志遠 徐永得 吳宗梅 獨立非執行董事 陳繼忠 劉冠業 袁景森 審核委員會 陳繼忠 （主席） 劉冠業 袁景森 薪酬委員會 劉冠業 （主席） 陳繼忠 袁景森 提名委員會 莊碩 （主席） 陳繼忠 劉冠業 袁景森 聯席公司秘書 陳雅珍 陳釗洪 授權代表 莊碩 陳雅珍 核數師 香港 新界 荃灣 德士古道120號 安泰國際中心 30樓 股份過戶登記總處 Conyers Trust Company (Cayma ...