中期報告 2025 目錄 頁次 2 公司資料 3 管理層討論與分析 9 簡明綜合損益表 10 簡明綜合財務狀況表 11 簡明綜合權益變動表 12 簡明綜合現金流量表 13 簡明綜合財務報表附註 26 企業管治及其他資料 公司資料 董事會 執行董事 李灼金先生 （主席兼行政總裁） 周文珍女士 獨立非執行董事 黃植剛先生 陳仲戟先生 李國麟先生 審核委員會 陳仲戟先生 （主席） 黃植剛先生 李國麟先生 提名委員會 李灼金先生 （主席） 陳仲戟先生 黃植剛先生 李國麟先生 薪酬委員會 黃植剛先生 （主席） 陳仲戟先生 李國麟先生 李灼金先生 香港 新界 荃灣 海盛路9號 有線電視大樓 30樓3010室 開曼群島註冊辦事處 71 Fort Street, PO Box 500 George Town Grand Cayman KY1-1106 Cayman Islands 開曼群島股份過戶登記總處 公司秘書 李美慧女士 授權代表 李灼金先生 李美慧女士 總部及香港主要營業地點 Appleby Global Services (Cayman) Limited 71 Fort Street, PO Box 500 Geo ...

Financial Performance - Revenue for the six months ended September 30, 2025, was HKD 18.9 million, an increase of 60.17% compared to HKD 11.8 million for the same period in 2024[7] - Gross profit decreased to HKD 0.4 million, down 83.33% from HKD 2.4 million year-on-year[7] - Operating loss for the period was HKD 8.4 million, compared to an operating profit of HKD 8.9 million in the previous year[7] - Net profit attributable to equity holders was HKD 25.8 million, a decrease of 29.41% from HKD 36.6 million in the same period last year[7] - Basic and diluted earnings per share were 4.2 cents, down from 5.9 cents year-on-year[7] - The company reported a total comprehensive income of HKD 25.8 million for the period, down from HKD 34.0 million in the previous year[8] - The gross income from property sales was HKD 11.6 million for the six months ended September 30, 2025, compared to HKD 0 for the same period in 2024[15] - The company reported a profit attributable to equity holders of HKD 25.8 million for the six months ended September 30, 2025, down from HKD 36.6 million in 2024, reflecting a decrease of 29.32%[26] Assets and Liabilities - Total assets as of September 30, 2025, were HKD 6,276.1 million, a slight decrease from HKD 6,370.0 million as of March 31, 2025[9] - Total assets as of September 30, 2025, amounted to HKD 6,614.8 million, a decrease from HKD 6,681.1 million as of March 31, 2025[18] - The company’s total liabilities were HKD 309.9 million as of September 30, 2025, compared to HKD 328.1 million as of March 31, 2025, indicating a reduction of 5.67%[18] - The total assets less current liabilities amounted to HKD 9,187.6 million as of September 30, 2025, slightly down from HKD 9,212.6 million as of March 31, 2025[43] - The group’s current assets were reported at HKD 6,276.1 million as of September 30, 2025, compared to HKD 6,370.0 million as of March 31, 2025[43] - The group’s liabilities decreased to HKD 289.5 million in current liabilities as of September 30, 2025, from HKD 323.9 million as of March 31, 2025[43] Cash Flow - Cash and cash equivalents decreased to HKD 603.7 million from HKD 1,004.1 million year-on-year[11] - The net cash outflow from operating activities was HKD 170.6 million, compared to HKD 122.7 million in the prior year[11] - The company has a strong balance sheet with a net cash position of HKD 632.8 million as of September 30, 2025, down from HKD 859.1 million on March 31, 2025, with all loans due within one year[48] Dividends - The company plans to maintain an interim dividend of HKD 0.12 per share, consistent with the previous year[7] - The group announced an interim dividend of HKD 0.12 per share, consistent with the dividend from the same period last year[39] Investments and Projects - The group is progressing with the development of the "Jing Nan" project in Ap Lei Chau, which has received occupancy permits and is preparing for sales[44] - The group’s investment in the Sheraton Hotel in Hong Kong is accounted for using the equity method, with improvements in hotel performance partially offsetting declines in interest income[41] - The Hong Kong Sheraton Hotel, owned 35% by the company, has maintained a strong market reputation with high occupancy rates as group and business travelers return, contributing to significant growth in inbound tourist numbers expected by 2025[45] - The company is implementing new tourism strategies targeting high-end travelers, including yacht, horse racing, cruise, and eco-tourism experiences[45] - The company has announced a series of investment stimulus measures aimed at enhancing demand for high-end residential properties, including lowering the transaction price threshold for the "New Capital Investor Scheme" from HKD 50 million to HKD 30 million[46] Economic Outlook - The local economy is showing positive momentum, with a steady increase in inbound travelers and major events expected to support recovery through the remainder of this year and into 2026[46] - The luxury residential market in Hong Kong is showing signs of optimism, with record transactions in August 2025, indicating potential growth in the super luxury segment[46] Governance and Compliance - The board of directors will continue to review and monitor the company's corporate governance practices to maintain high standards of governance[58] - All directors have confirmed compliance with the securities trading standards during the specified period[59] - The company believes that the current arrangement of having the chairman and CEO remain in office is beneficial for the overall interests of the company and its shareholders[57] Employee and Operational Management - Employee expenses for the first half of the fiscal year reached HKD 30.8 million, excluding director remuneration, reflecting the company's commitment to its workforce[49] - The company is actively monitoring geopolitical and trade policy uncertainties that may impact its operations, maintaining a cautious risk management approach[47] - The company has not engaged in any purchases, sales, or redemptions of its listed securities during the first half of the fiscal year[54] Financial Income - Bank interest income for the six months ended September 30, 2025, was HKD 8.5 million, a decrease from HKD 23.7 million in the same period of 2024, representing a decline of 64.15%[21] - The fair value changes of financial investments recognized through profit or loss were HKD 11.7 million for the six months ended September 30, 2025, slightly up from HKD 11.1 million in 2024[22] - The fair value of financial investments as of September 30, 2025, was HKD 59.6 million, an increase from HKD 48.6 million as of March 31, 2025[33]

Financial Performance - Revenue for the six months ended September 30, 2025, was HK$2,711,814, a decrease of 9.6% from HK$3,001,360 in the same period of 2024[13] - Gross profit increased to HK$749,445, representing a gross margin of 27.6%, compared to HK$719,529 and a margin of 24.0% in 2024[13] - Profit for the period was HK$111,244, up 9.0% from HK$101,429 in the previous year[16] - Basic and diluted earnings per share increased to 8.1 HK cents, compared to 7.3 HK cents in the same period last year[13] - Total comprehensive income for the period was HK$160,637, down from HK$181,369 in 2024[16] - Other income and gains decreased to HK$79,996 from HK$110,371, reflecting a decline of 27.5%[13] - Selling and distribution expenses reduced to HK$266,510, down 20.0% from HK$333,425 in the previous year[13] - Administrative expenses decreased slightly to HK$391,326 from HK$406,949, a reduction of 3.9%[13] - Finance costs significantly decreased to HK$20,832, down 50.3% from HK$41,981 in the previous year[13] Assets and Liabilities - As of September 30, 2025, total assets less current liabilities amounted to HK$5,403,455,000, a slight decrease from HK$5,429,917,000 as of March 31, 2025[17] - Net current assets increased to HK$2,777,966,000 from HK$2,670,549,000, reflecting a growth of approximately 4%[17] - Non-current assets totaled HK$2,625,489,000, down from HK$2,759,368,000, indicating a decrease of about 5%[17] - Trade receivables rose significantly to HK$819,139,000, up from HK$662,790,000, representing an increase of approximately 24%[17] - Cash and bank balances slightly decreased to HK$1,607,123,000 from HK$1,633,407,000, a decline of about 2%[17] - Total equity increased to HK$4,846,904,000 from HK$4,769,169,000, marking an increase of approximately 2%[19] - Interest-bearing bank borrowings decreased to HK$245,745,000 from HK$539,424,000, a reduction of about 54%[17] - Lease liabilities increased to HK$140,387,000 from HK$118,519,000, reflecting an increase of approximately 18%[17] Dividends and Share Capital - Dividends declared decreased to HK$55,268,000 from HK$82,902,000, a decline of approximately 33%[19] - The interim dividend per ordinary share was declared at HK4.0 cents for the six months ended September 30, 2025, up from HK1.0 cent in 2024[54] - The issued capital remains stable at HK$69,085,000, indicating no changes in share issuance[20] - The issued share capital of the Company is 1,381,696,104 shares as of September 30, 2025[156] Cash Flow and Operations - Cash generated from operations increased significantly to HK$467,728,000 for the six months ended September 30, 2025, compared to HK$157,030,000 in the same period of 2024, representing a growth of 197%[22] - Net cash flows from operating activities reached HK$468,247,000, up from HK$147,910,000, indicating a substantial increase of 216% year-over-year[22] - The net cash flows used in investing activities were HK$944,878,000, compared to HK$343,891,000 in the previous year, reflecting an increase of 175%[22] - Cash and cash equivalents at the end of the period decreased to HK$679,666,000 from HK$1,564,742,000, a decline of 57%[22] Segment Performance - Segment revenue for textile and garment was HK$2,265,919,000, a decrease of 8.5% from HK$2,476,315,000 in the previous year[37] - Retailing and distribution segment revenue decreased to HK$445,693,000, down 15% from HK$523,893,000[37] - Total consolidated revenue for the six months ended September 30, 2025, was HK$2,764,557,000, a decline of 10.2% compared to HK$3,079,205,000 in the same period last year[37] - Profit before tax increased to HK$147,709,000, up 9.5% from HK$134,690,000 year-over-year[37] Taxation - Current tax for the six months ended 30 September 2025 was HK$26,023,000, a decrease from HK$29,753,000 in the same period of 2024[48] - Deferred tax increased to HK$10,442,000 for the six months ended 30 September 2025, compared to HK$3,508,000 in 2024[48] - The Group's effective tax rate for Hong Kong profits tax remained at 16.5% for both periods ended 30 September 2025 and 2024[49] Strategic Initiatives - The Group's strategic "China + Vietnam" dual-location manufacturing model has helped mitigate regional risks and reduce dependency on single-location production[97] - The Group is actively expanding its domestic sales footprint in Mainland China while strengthening customer bases in Japan, Korea, Europe, and the United States[148] - The Group plans to implement stringent controls on procurement, labor costs, and energy consumption to enhance operational efficiency[142] - The Group will prioritize the expansion of its e-commerce business by leveraging direct sales and strategic partnerships with leading online shopping platforms[149] Governance and Compliance - The company complied with all code provisions of the Corporate Governance Code throughout the accounting period, except for a deviation regarding the attendance of the chairman at the annual general meeting[174][175] - The Audit Committee, consisting of three independent non-executive directors, reviewed the interim report and risk management processes during the review period[166][167] Future Outlook - Future outlook remains positive with projected revenue growth of 15% year-over-year for the next fiscal year[181] - The company has set a performance guidance of $200 million in net income for the next fiscal year[181] - Cost management initiatives are expected to reduce operational expenses by 5%[181]

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，概不會就本公告全部或任何部分內容 而產生或因依賴該等內容而引致之任何損失承擔任何責任。 MAIKE TUBE INDUSTRY HOLDINGS LIMITED （ 邁 科 管 業 控 股 有 限 公 司 ） （ 於 開 曼 群 島 註 冊 成 立 的 有 限 公 司 ） （股份代號：1553） 二零二三年年報及二零二四年年報之補充公告 茲提述：(i)邁科管业控股有限公司（「本公司」）截至二零二三年十二月三十一日止年度（「二 零二三年財政年度」）之年報（「二零二三年年報」）；及(ii)本公司截至二零二四年十二月 三十一日止年度（「二零二四年財政年度」）之年報（「二零二四年年報」）（統稱為「該等年 報」）。除文義另有所指外，本公告所用詞彙與該等年報所界定者具有相同涵義。 除分別載於二零二三年年報及二零二四年年報「董事會報告」中「薪酬政策」一節及綜合財 務報表附註7所披露者外，董事會謹此根據上市規則附錄D2第24段的規定（當時為上市規 則附錄16），就關於本公司前行政總裁（彼並非董事）（「行政 ...

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。 JF SmartInvest Holdings Ltd 九方智投控股有限公司 （於開曼群島註冊成立的有限公司） （股份代號：9636） 完成更改每手買賣單位及 有關2024年年度報告 的補充公告 完成更改每手買賣單位 茲提述九方智投控股有限公司（「本公司」）日期為2025年11月17日的公告，內容 有關建議將本公司普通股（「股份」）於香港聯合交易所有限公司（「聯交所」）買賣 之每手買賣單位由500股股份更改為100股股份（「更改每手買賣單位」）。本公司董 事（「董事」）會（「董事會」）謹此宣佈，更改每手買賣單位已於2025年12月8日（星 期一）生效。 有關2024年年度報告的補充公告 2024年股份激勵計劃 茲亦提述本公司日期為2024年9月27日的公告，內容有關採納2024年股份激勵計 劃。根據2024年股份激勵計劃的條款，受限制股份單位參與者毋須就接納據此授 出的獎勵支付任何款項。 1 2023年 ...

目錄 本中期報告以環保紙張印刷 2 公司資料 3 財務摘要 4 主席報告 6 管理層討論及分析 13 綜合損益表 14 綜合全面收益表 15 綜合財務狀況表 17 綜合權益變動表 18 綜合現金流量表 19 中期財務報表附註 27 企業管治及其他資料 公司資料 董事局 執行董事 李遠康先生 （主席） 李堃綸先生 （集團行政總裁） 李易舫女士 非執行董事 鄭仲勳先生 黃志堅先生 李遠康先生 郭兆文先生 董事委員會 審核委員會 蘇智文先生 （主席） 黃志堅先生 蔡嘉祐女士* 薪酬委員會 鄧文慈先生 （主席） 李遠康先生 蘇智文先生 提名委員會 獨立非執行董事 鄧文慈先生 蘇智文先生 蔡嘉祐女士* 授權代表 李遠康先生 （主席） 鄧文慈先生 蘇智文先生 蔡嘉祐女士* 公司秘書 郭兆文先生 法律顧問 有關香港法律 程彥棋律師樓 公司網址 www.tsuiwah.com * 於2025年6月28日獲委任 獨立核數師 畢馬威會計師事務所 執業會計師 於香港法例第588章會計及財務匯報局條例下的 註冊公眾利益實體核數師 主要往來銀行 渣打銀行（香港）有限公司 華僑銀行（香港）有限公司 恒生銀行有限公司 上市資料 註冊辦事處 ...

PORT Stock Code 00480 2025/2026 中期報告 2025/2026 INTERIM REPORT 中期報告 VIDEO PHOTO RE INTERIM 目錄 | 02 | 03 | 11 | | --- | --- | --- | | 業務及 財務概要 | 管理層 討論及分析 | 其他資料 | | 18 簡明綜合 | 19 簡明綜合 | 20 簡明綜合 | | 財務報表 | 損益表 | 損益及其他 | | 審閱報告 | | 全面收益表 | | 21 | 23 | 25 | | 簡明綜合 財務狀況表 | 簡明綜合 權益變動表 | 簡明綜合 現金流量表 | | 26 | | | | 簡明綜合 | | | | 財務報表附註 | | 封底 | | | | 內頁 公司資料 | 業務及財務概要 業務概要 於回顧期內的重要事件 | 4月 | ● | 集團首個企業展廳於上海隆重開幕 | | --- | --- | --- | | | ● | 大埔半山低密度海景豪邸林海山城全新現樓經布置示範單位登場 | | | ● | 第十八屆愉景灣沙灘獵蛋奇兵暨嘉年華的參與人數創下歷年最高紀錄 | | 5月 | ...

WECON HOLDINGS LIMITED 偉工控股有限公司 (於開曼群島註冊成立之有限公司） (Incorporated in the Cayman Islands with limited liability) Stock code 股份代號: 1793 2025/2026 INTERIM REPORT 中期報告 WECON HOLDINGS LIMITED 偉工控股有限公司 CONTENTS 目錄 | Corporate Information | 2 | | --- | --- | | 公司資料 | | | Management Discussion and Analysis | 4 | | 管理層討論及分析 | | | Corporate Governance and Other Information | 13 | | 企業管治及其他資料 | | | Report on Review of Condensed Consolidated | 21 | | Financial Statements | | | 簡明綜合財務報表審閱報告 | | | Condensed Consolidated Sta ...

Financial Performance - Revenue for the six months ended September 30, 2025, was HKD 29,010,000, a decrease of 22.4% compared to HKD 37,412,000 in the same period of 2024[3] - Gross profit increased to HKD 9,263,000, up 2.0% from HKD 9,079,000 year-on-year[3] - The net loss for the period was HKD 2,469,000, an improvement of 42.5% compared to a net loss of HKD 4,302,000 in the previous year[4] - Basic and diluted loss per share improved to HKD 0.15 from HKD 0.27 year-on-year[3] - Total revenue for the six months ended September 30, 2025, was HKD 29,010,000, a decrease of 22.4% compared to HKD 37,412,000 for the same period in 2024[22] - The company's loss attributable to owners for the six months ended September 30, 2025, was HKD 2,469,000, compared to a loss of HKD 4,302,000 in the same period of 2024, representing a 42.6% improvement[29] - Basic loss per share for the six months ended September 30, 2025, was HKD 0.15, compared to HKD 0.27 for the same period in 2024, indicating a reduction in losses[29] - Net loss for the period was approximately HKD 2,500,000, reduced from HKD 4,300,000 in the same period last year[55] Assets and Liabilities - Total assets decreased to HKD 70,946,000 from HKD 73,519,000 as of March 31, 2025[5] - Cash and cash equivalents decreased to HKD 13,744,000 from HKD 19,947,000[5] - The company reported a decrease in trade receivables to HKD 8,814,000 from HKD 6,343,000[5] - Total liabilities as of September 30, 2025, amounted to HKD 32,894,000, an increase from HKD 32,395,000 as of March 31, 2025[21] - Non-current assets in China decreased to HKD 18,886,000 as of September 30, 2025, from HKD 20,600,000 as of March 31, 2025[22] - Trade payables amounted to HKD 7.03 million as of September 30, 2025, compared to HKD 7.39 million as of March 31, 2025, indicating a decrease of approximately 4.8%[40] Cash Flow - Operating cash flow for the period was a net outflow of HKD 171,000, compared to an inflow of HKD 9,379,000 in the previous year[8] - The cash and cash equivalents at the end of the reporting period decreased to HKD 13,744,000 from HKD 46,480,000 at the beginning of the period, representing a decline of 70.5%[9] - The net cash used in investing activities was HKD 5,150,000, compared to HKD 31,000 in the prior period, indicating a significant increase in investment outflows[9] - The net cash used in financing activities was HKD 950,000, an increase from HKD 416,000 in the previous period, reflecting higher financing costs[9] Revenue Breakdown - Revenue from the manufacturing and trading of printed and packaging products was HKD 20,486,000, down 17.8% from HKD 24,930,000 in the previous year[16] - Revenue from the circuit board business was approximately HKD 8,500,000, down 32.0% from HKD 12,500,000 in the previous year[52] - Revenue from the printing business was approximately HKD 20,500,000, a decrease of 17.7% from HKD 24,900,000 in the same period last year[52] Investments and Acquisitions - The company’s investment activities included an investment of HKD 5,476,000 in an associate, indicating a strategic focus on expanding its investment portfolio[9] - Noricap Fund agreed to acquire Full Smart Inc Limited for approximately $3.7 million, representing about HKD 28.74 million, with a 1.72% equity interest in the target company[34] - The group completed the acquisition of approximately 15.12% equity interest in Beijing Weihang Yining Health Management Group Co., Ltd. for RMB 28.5 million, equivalent to about HKD 30.5 million[36] - The goodwill recognized in the investment in the associate is approximately RMB 3.7 million, equivalent to about HKD 4.06 million[36] - The company provided a loan of approximately HKD 19,800,000 to Noricap Fund for investment purposes[53] Operational Performance - The company identified major customers contributing to 10% or more of total revenue, with significant reliance on key clients for revenue generation[20] - The company’s operational segments include manufacturing and trading of printed and packaging products, which are critical to its revenue generation strategy[15] - The demand for the circuit board business segment is expected to remain under pressure due to geopolitical tensions and inflationary pressures[72] - The printing business segment has seen a rebound in sales compared to Q1 2025, but demand remains under pressure due to macroeconomic uncertainties[73] - The group continues to implement cost control measures and expand its customer base in response to market challenges[72][73] Compliance and Governance - The company has adopted new and revised Hong Kong Financial Reporting Standards, which did not have a significant impact on the financial statements for the current and prior periods[13] - The company did not declare any interim dividend for the six months ended September 30, 2025, consistent with the previous year[28] - The board does not recommend declaring an interim dividend for the period[69] - All directors confirmed compliance with the standard code of conduct for securities trading during the reporting period[87] Shareholder Information - Major shareholders include Spring Global Enterprises Limited with 17.36% and Wu Wencan with 26.10% of the issued share capital[84] - Spring Global Enterprises Limited is wholly owned by Wu Wencan, who holds a total of 420,988,000 shares, representing approximately 26.0% of the company's issued shares as of September 30, 2025[90] - The total number of issued shares for the company is 1,613,287,570 as of September 30, 2025[90]

高鑫零售有限公司 （於香港註冊成立的有限公司） 股份代號：6808 最受顧客喜愛、信賴，員工引以為榮的零售商 成為三公里全客群首選的「菜籃子」，滿足家庭與年輕客群需求 中期報告 2025 目錄 | 公司資料 | 2 | | --- | --- | | 中期業績摘要 | 3 | | 管理層討論與分析 | 4 | | 企業管治及其他資料 | 17 | | 審閱報告 | 40 | | 簡明綜合損益及其他全面收益表 | 42 | | 簡明綜合財務狀況表 | 43 | | 簡明綜合權益變動表 | 45 | | 簡明綜合現金流量表 | 47 | | 簡明綜合財務資料附註 | 50 | 1 高鑫零售有限公司 二零二五年中期報告 公司資料 董事 執行董事 李衛平 （首席執行官）（於二零二五年十二月一日 獲委任） 沈輝 （首席執行官）（於二零二五年十二月一日辭任） 非執行董事 華裕能 （主席） 王冠男 梅夢雪 獨立非執行董事 張挹芬 陳尚偉 葉禮德 審核委員會 香港銅鑼灣 希慎道33號 利園一期 19樓1928室 陳尚偉 （主席） 張挹芬 葉禮德 梅夢雪 薪酬委員會 張挹芬 （主席） 葉禮德 陳尚偉 華裕能 提名委員會 葉禮德 ...