Financial Performance - Revenue for the six months ended September 30, 2025, was HKD 239,052,000, a decrease of 14.7% compared to HKD 280,177,000 for the same period in 2024[5] - Net profit for the period was HKD 1,522,000, down 94.0% from HKD 25,363,000 in the previous year[5] - Basic and diluted earnings per share decreased to HKD 0.05 cents from HKD 1.05 cents year-on-year[6] - Total comprehensive income for the period was HKD 22,842,000, a decline of 51.4% compared to HKD 47,012,000 in 2024[6] - Operating cash flow for the period was HKD 24,069,000, significantly lower than HKD 98,622,000 in the same period last year[11] - For the six months ended September 30, 2025, the net cash generated from investment activities was HKD 6,989,000, a decrease of 49% compared to HKD 13,703,000 for the same period in 2024[12] - The company reported a net cash outflow from financing activities of HKD 24,846,000, significantly lower than the HKD 144,743,000 outflow in the previous year, indicating improved cash management[12] - The company paid dividends totaling HKD 23,979,000 during the period, a decrease from HKD 143,876,000 in the previous year, indicating a shift in dividend policy[13] - The company incurred total tax expenses of HKD 3,186,000 for the current period, down from HKD 5,945,000 in the previous period, indicating improved tax efficiency[33] Assets and Liabilities - Non-current assets as of September 30, 2025, totaled HKD 696,375,000, slightly down from HKD 699,535,000 as of March 31, 2025[8] - Current assets increased to HKD 1,119,219,000 from HKD 1,109,557,000, primarily driven by an increase in inventory[8] - Total liabilities decreased to HKD 79,571,000 from HKD 79,458,000, indicating stable financial leverage[9] - Cash and cash equivalents rose to HKD 544,759,000 from HKD 526,248,000, reflecting improved liquidity[8] - The company's equity attributable to owners as of September 30, 2025, was HKD 1,644,543,000, down from HKD 1,683,541,000 a year earlier, reflecting changes in retained earnings and reserves[13] - The company's total receivables included overdue amounts of approximately HKD 472,600,000 from five borrowers, with ongoing legal actions to recover these debts[42] - The group's net current assets as of September 30, 2025, were approximately HKD 1,041,739,000, slightly up from HKD 1,039,603,000 as of March 31, 2025[56] Revenue Breakdown - Revenue from the publishing segment was HKD 192,824,000, down 4.3% from HKD 202,260,000 in the previous year[22] - Internet subscription and advertising revenue decreased to HKD 37,267,000 from HKD 43,685,000, representing a decline of 14.7%[22] - The loan business reported a significant drop in revenue, with interest income falling to HKD 786,000 from HKD 25,710,000, a decrease of 96.9%[24] - The total segment profit for the publishing segment was HKD 19,030,000, an increase of 62.5% from HKD 11,728,000 in the previous year[24] - Non-current assets in Hong Kong generated revenue of HKD 233,527,000, down from HKD 275,434,000 in the previous year[28] - The overall revenue for the Oriental Daily was approximately HKD 192,824,000, a decrease of about HKD 9,436,000 or approximately 5% compared to the previous year[62] - The digital media business revenue was approximately HKD 37,267,000, down by about HKD 6,418,000 or approximately 15% year-on-year[62] - Rental income from the commercial property in North Point was approximately HKD 920,000, a decrease of about HKD 850,000 or approximately 48% compared to the same period last year[62] Investment Properties - The company reported a fair value loss on investment properties of HKD 7,900,000, compared to HKD 10,355,000 in the previous year[5] - The fair value loss on investment properties for the period was approximately HKD 7,900,000, compared to HKD 10,355,000 for the same period last year, showing a reduction in losses[20] - The fair value of investment properties increased to HKD 348,160,000 as of September 30, 2025, up from HKD 344,698,000 at the end of the previous reporting period[38] - The valuation of the group's investment properties decreased by approximately HKD 7,900,000 or about 6% compared to March 31, 2025[62] - The company's investment properties in Australia were valued at HKD 216,260,000, while those in Hong Kong were valued at HKD 131,900,000 as of September 30, 2025[40] Credit Risk Management - The company recognized an expected credit loss provision of approximately HKD 6,144,000 for receivables, reflecting ongoing credit risk management efforts[42] - The net loss allowance for expected credit losses on receivables was approximately HKD 6,144,000, compared to none for the same period last year[55] - The expected credit loss provision for receivables and interest during the reporting period was approximately HKD 6,144,000, resulting in net receivables of approximately HKD 466,456,000 after deducting the provision[63] - The company maintained strict monitoring of its approved loans and outstanding receivables to mitigate credit risk, with a focus on the recoverability of overdue balances[41] Employee and Corporate Strategy - The group employed 734 employees as of September 30, 2025, down from 779 employees as of March 31, 2025[68] - The group plans to focus resources on its core media business to strengthen its market leadership amid an uncertain local economic outlook[66] - The group anticipates continued pressure on its media business due to a weak consumer market and rising unemployment rates[65] - The company continues to focus on its core business of investment holding and corporate management services, with no significant changes in its operational strategy reported[15] Shareholding Structure - As of September 30, 2025, the total issued shares of the company are 2,397,917,898 shares[80] - Conyers Trustee Services (BVI) Limited holds 1,547,851,284 shares, representing 64.55% of the company's equity[80] - Magicway Investment Limited owns 1,222,941,284 shares, accounting for 51.00% of the company's equity[80] - Ever Holdings Limited has 324,910,000 shares, which is 13.55% of the company's equity[80] - Perfect Deal Trading Limited holds 149,870,000 shares, representing 6.25% of the company's equity[80] - Mr. Ma Chengfa and Mr. Ma Jinghao are beneficial owners of Magicway Investment Limited, holding 26.00% and 16.70% respectively[78] - Ms. Hong Meifang, as the spouse of Mr. Ma Chengfa, is deemed to hold 1,697,721,284 shares, which is 70.80% of the company's equity[80] - The ownership percentages are calculated based on the total issued shares as of September 30, 2025[79] - Ocean Trust, through Conyers Trustee Services, indirectly holds 57.3% of Magicway Investment Limited[79] - The company has no other individuals holding shares or related equity interests as of September 30, 2025[82] Proposed Changes - The board proposed changing the company name to "Oriental Media Group Limited" to better reflect its business focus[75] - The board did not recommend the distribution of an interim dividend for the reporting period[61]

Financial Performance - For the six months ended September 30, 2025, the company's revenue increased by approximately HKD 79.4 million or 22.5% to HKD 431.7 million compared to the same period in 2024[13]. - Profit attributable to owners of the company rose from approximately HKD 27 million in the first half of 2024 to about HKD 48.3 million, an increase of approximately HKD 21.3 million[13]. - The company's revenue increased from approximately HKD 352.3 million in the first half of 2024 to approximately HKD 431.7 million in the first half of 2025, representing a growth of about 22.5%[17]. - Revenue from U.S. customers rose by approximately HKD 12.4 million or 4.5%, from HKD 274.2 million in the first half of 2024 to HKD 286.6 million in the first half of 2025, driven by strong consumer confidence in the U.S. market[17]. - Gross profit rose from approximately HKD 75.1 million in the first half of 2024 to approximately HKD 103.4 million in the first half of 2025, an increase of about 37.6%[24]. - The gross profit margin improved from 21.3% in the first half of 2024 to 23.9% in the first half of 2025, an increase of 2.6%[24]. - The company's profit attributable to owners increased from approximately HKD 27,000,000 in the first half of 2024 to approximately HKD 48,300,000 in the first half of 2025, representing a growth of about 78.9%[34]. - The net profit margin improved from 8.1% in the first half of 2024 to 11.8% in the first half of 2025[34]. - Net profit for the period was HKD 50,959,000, which is an increase of 78.8% from HKD 28,511,000 in the prior year[85]. - Basic and diluted earnings per share for the company owners were HKD 11.8, up from HKD 6.6, reflecting a 78.8% increase[85]. Operational Efficiency - The company benefits from its early strategic move to establish production capacity in Cambodia, which now accounts for about 90% of total production capacity, enhancing operational efficiency and cost-effectiveness[12]. - The company recognizes Cambodia as a stable and cost-effective manufacturing base, contributing significantly to its profitability and operational advantages[12]. - The company aims to achieve sustainable growth by enhancing production efficiency and exploring opportunities arising from sustainable and mid-market trends[16]. Market Positioning - The company is positioned to capitalize on the growing "affordable luxury" and "premium casual" markets, driven by consumer demand for quality, value, and multifunctional design[13]. - The resilient U.S. labor market and moderate GDP growth support consumer spending, despite ongoing inflationary pressures and high interest rates[9]. - The company continues to monitor global trade dynamics closely and is prepared to implement strategies to mitigate potential risks associated with trade policies[11]. Financial Health - As of September 30, 2025, the company's cash and cash equivalents were approximately HKD 191,000,000, up from approximately HKD 188,800,000 as of March 31, 2025[38]. - The current ratio decreased from 3.2 as of March 31, 2025, to 2.9 as of September 30, 2025[38]. - The total employee cost for the first half of 2025 was approximately HKD 92,900,000, compared to approximately HKD 86,700,000 in the first half of 2024[43]. - The company maintained a net cash position with no borrowings as of September 30, 2025[36]. - The company reported a total comprehensive income of HKD 50,883,000 for the period, compared to HKD 28,578,000 in the previous year, reflecting an increase of 77.9%[86]. - Total assets as of September 30, 2025, amounted to HKD 482,904,000, compared to HKD 420,867,000 as of March 31, 2025, indicating a growth of 14.7%[89]. - Total equity increased to HKD 319,891,000 from HKD 293,526,000, marking an increase of 9.0%[89]. Dividends and Shareholder Information - The company declared an interim dividend of HKD 0.04 per share for the first half of 2025, up from HKD 0.03 per share in the first half of 2024, along with a special dividend of HKD 0.02 per share[16]. - As of September 30, 2025, the board members and senior executives collectively own 301,138,000 shares, representing approximately 73.70% of the issued shares[56]. - Each of the five key executives holds a 20% personal interest in the total issued share capital of Huaxin Holdings, which is the direct shareholder of the company[59]. - The total issued and fully paid ordinary shares remained at 408,626,000 with a par value of HKD 4,086,000 as of both September 30, 2025, and March 31, 2025[142]. Risk Management and Compliance - The company continues to monitor global trade dynamics closely and is prepared to implement strategies to mitigate potential risks associated with trade policies[11]. - The company has adopted a standard code for securities trading by its directors, and all directors confirmed compliance with this code throughout the first half of 2025[68]. - The board's audit committee reviewed and discussed the unaudited condensed consolidated financial statements for the first half of 2025[75]. - The company maintains a high level of transparency to strengthen investor relations, providing timely disclosures through announcements and reports[76]. Investments and Acquisitions - There were no significant investments or acquisitions made during the first half of 2025[45]. - The company plans to renew the lease agreement for the Dongguan factory after the lease term expires in 2025, reflecting a strategic move to maintain operational support for its Cambodian production facilities[129].

中期報告 2025 Interim report 2025 2 財務摘要 4 公司資料 6 投資者資料 7 管理層討論及分析 17 簡明綜合損益及其他全面收益表 18 簡明綜合財務狀況報表 19 簡明綜合權益變動表 20 簡明綜合現金流量表 21 簡明綜合財務報表附註 36 其他資料 02 財務摘要 | | | | 二零二五年 | 二零二四年 | | | --- | --- | --- | --- | --- | --- | | | | | 四月至九月 | 四月至九月 | | | 主要財務比率 | | 附 註 | 期 間 | 期 間 | 變 動+/– | | 表 現 | | | | | | | 毛利率 | (%) | 1 | +70.4 | +73.4 | -3.0%個百分點 | | 純利率 | (%) | 2 | 不適用 | 不適用 | 不適用 | | 平均股本回報率 | | | | | | | （按年度化計算） | (%) | 3 | 不適用 | 不適用 | 不適用 | | 平均資產回報率 | | | | | | | （按年度化計算） | (%) | 4 | 不適用 | 不適用 | 不適用 | | 經營狀 ...

Financial Performance - The company's revenue for the six months ended September 30, 2025, was approximately HKD 10.7 million, a decrease of about 6.6% compared to HKD 11.4 million for the same period in 2024[3] - Gross profit for the same period was approximately HKD 8.2 million, down about 5.3% from HKD 8.7 million in 2024, with a gross margin of approximately 77.1%, an increase of about 1.0% year-on-year[5] - The net loss for the reporting period was approximately HKD 4.8 million, an improvement from a net loss of HKD 6.6 million in the previous year[5] - The company reported a loss before tax of HKD 4,766,000, an improvement from a loss of HKD 6,556,000 in the previous year, indicating a reduction in losses by 27.3%[48] - Basic and diluted loss per share for the period was HKD 1.32, compared to HKD 1.81 for the same period in 2024, showing a decrease in loss per share by 27.1%[48] - The company reported a basic loss attributable to equity holders of HKD 4,766,000 for the six months ended September 30, 2025, compared to a loss of HKD 6,556,000 for the same period in 2024, indicating a 27.2% improvement in losses year-over-year[78] Expenses and Cost Management - Administrative expenses decreased to approximately HKD 10.6 million from about HKD 12.3 million, a reduction of approximately 14.3%[7] - The company has implemented several cost control measures to reduce operating costs and improve working capital management[62] - Financing costs for the six months ended September 30, 2025, totaled HKD 2,189,000, down 10.3% from HKD 2,442,000 in 2024[72] - The company recorded a depreciation expense of HKD 2,901,000 for the six months ended September 30, 2025, down from HKD 4,088,000 in the previous year[54] - Depreciation expenses for property, plant, and equipment amounted to HKD 2,901,000 for the six months ended September 30, 2025, compared to HKD 4,088,000 in 2024, reflecting a reduction of 29.0%[73] Assets and Liabilities - Total assets as of September 30, 2025, were HKD 9,816,000, an increase from HKD 9,295,000 as of March 31, 2025[50] - Current liabilities increased to HKD 61,727,000 from HKD 59,504,000, reflecting a rise of 3.7%[50] - The company's equity as of September 30, 2025, was a deficit of HKD 15,516,000, worsening from a deficit of HKD 10,750,000 as of March 31, 2025[50] - The company's current liabilities net value as of September 30, 2025, was HKD 51,911,000[60] - Trade receivables increased to HKD 429,000 as of September 30, 2025, from HKD 314,000 as of March 31, 2025, reflecting a 36.5% increase[81] - Trade payables surged to HKD 1,663,000 as of September 30, 2025, compared to HKD 450,000 as of March 31, 2025, marking a significant increase of 270.4%[83] Corporate Governance - The company maintains a high standard of corporate governance and has complied with the relevant provisions of the corporate governance code during the reporting period[27] - The board regularly reviews the company's corporate governance practices and will implement changes as necessary to ensure ongoing compliance[28] - The company has adopted a code of conduct for securities trading by directors, ensuring compliance with GEM listing rules[29] - The company has established an audit committee to oversee financial reporting and risk management, consisting of three independent non-executive directors[47] Shareholder Information - Directors and senior executives hold a total of 270,000,000 shares, representing approximately 74.66% of the company's ordinary shares[31] - Profit Ocean, a major shareholder, holds 270,000,000 shares, which is 74.66% of the total issued shares[36] - Huang Dek Ming holds 18,135,000 shares, representing 5.01% of the total issued shares[36] - The directors are considered to have interests in all shares held by Profit Ocean due to a concerted action arrangement[32] Future Outlook - The company anticipates stable revenue growth as the overall economy in Hong Kong continues to improve, while closely monitoring administrative expenses to reduce future losses[9] - The company expects to maintain existing bank financing and secure new sources of financing[62] - Related party Chen Xinghai Enterprises Limited has confirmed it will not demand repayment of the promissory notes before ensuring the company can meet its obligations to other creditors[62] - The company has received a commitment from related party Jin Hai International Group Limited to provide ongoing financial support for at least twelve months from the date of board approval of the unaudited interim financial statements[62] Dividends - The board of directors resolved not to declare any dividends for the reporting period[21] - No interim dividend was recommended for the six months ended September 30, 2025, consistent with the previous year[76]

Financial Performance - Total revenue for the six months ended September 30, 2025, was HKD 429,644,000, representing a 7.7% increase from HKD 398,953,000 in the same period of 2024[9]. - Gross profit rose by 23.2% to HKD 253,601,000, with a gross margin of 59.0%, up from 51.6%[9]. - Profit attributable to equity holders increased by 20.0% to HKD 115,011,000, with a profit margin of 26.8%[9]. - Adjusted EBITDA for the period was HKD 175,315,000, reflecting a 21.7% increase, with an adjusted EBITDA margin of 40.8%[9][10]. - Operating profit rose by HKD 29.0 million or 23.8% to HKD 150.6 million, mainly due to increased gross profit[56]. - Net profit for the period was HKD 120,659,000, up 21.6% from HKD 99,276,000 in the same period last year[117]. - Basic and diluted earnings per share increased to HKD 14.12, compared to HKD 11.63 in the previous year, reflecting a growth of 21.4%[117]. - The company reported a total comprehensive income of HKD 120,962,000, an increase of 27.3% from HKD 95,027,000 in the prior year[117]. Revenue Breakdown - Brand medicine revenue increased by 15.5% to HKD 150,908,000, while health supplements revenue decreased by 13.2% to HKD 42,178,000[9]. - The brand health business recorded a revenue increase of 7.7% year-on-year to HKD 429.6 million, with gross profit rising by 23.2% to HKD 253.6 million, and profit attributable to equity holders increasing by 20.0% to HKD 115.0 million[24]. - The brand pharmaceutical segment, particularly the product He Ji Gong, achieved a revenue growth of 15.5% to HKD 150.9 million, driven by effective market strategies and promotional activities[27]. - Revenue from the traditional Chinese medicine segment increased by HKD 16.8 million, representing a growth of 7.6%, supported by strong sales of specific products[46]. - Revenue from external customers in Hong Kong increased significantly to HKD 367,443,000 in 2025 from HKD 264,631,000 in 2024, marking a growth of approximately 38.9%[138]. Assets and Liabilities - Total assets as of September 30, 2025, were HKD 1,771,878,000, a 14.7% increase from the previous period[9]. - Total liabilities increased by 67.9% to HKD 640,098,000, indicating a significant rise in financial obligations[9]. - Total equity decreased by 2.8% to HKD 1,131,780,000, suggesting a slight reduction in shareholder value[9]. - The net capital debt ratio as of September 30, 2025, was 13.8%, up from zero on March 31, 2025[71]. - Cash and cash equivalents decreased to HKD 194,197,000 as of September 30, 2025, from HKD 205,847,000 as of March 31, 2025, a decline of about 5.4%[120]. Strategic Initiatives - The company aims to enhance its brand management and product portfolio to strengthen its position in the Asian healthcare market[15]. - The company is committed to maintaining high-quality standards and is one of the few GMP-certified manufacturers of traditional Chinese medicine in Hong Kong[18]. - The company is leveraging its strong product portfolio and brand management expertise to navigate market challenges and enhance its position in the health product sector in Hong Kong and the Greater Bay Area[23]. - The company plans to expand its product portfolio by launching new concentrated Chinese medicine granules and health supplements, while also enhancing the registration scope of its compound granules[39]. - The company is set to launch an upgraded Chinese medicine e-commerce platform designed for practitioners and clinics to improve service efficiency and deepen customer interaction[39]. Marketing and Brand Development - The introduction of a new convenient packaging for Bao Ji Wan, designed for on-the-go consumption, is part of a comprehensive advertising campaign to boost brand visibility[30]. - The company is actively engaging in multi-channel marketing strategies to strengthen brand awareness and consumer interaction across different age groups[31]. - The brand's innovative marketing strategy won two industry awards in 2025, further solidifying its image in the pain relief category[33]. Acquisitions and Investments - The company completed the acquisition of 90% of Tianxi Tang's issued shares for a total consideration of HKD 171 million on April 3, 2025[75]. - The company also agreed to acquire all issued shares of Jianfu Tang Chinese Medicine Group for HKD 38 million on June 16, 2025[75]. - Tianxi Tang contributed revenue of HKD 12,800,000 and profit of HKD 5,335,000 from April 3, 2025, to September 30, 2025[160]. - Jianfu Tang contributed revenue of HKD 11,151,000 and profit of HKD 708,000 from June 30, 2025, to September 30, 2025[165]. Shareholder Information - The interim dividend declared for the six months ending September 30, 2025, is HKD 0.0975 per share, totaling approximately HKD 80.1 million, compared to HKD 0.055 per share and HKD 45.2 million for the same period last year[90]. - The major shareholder, Mr. Chan, holds approximately 71.96% of the issued share capital, equating to 591,523,346 shares[92]. - Lincoln's Hill holds 322,834,578 shares, representing 39.27% of the issued share capital[97]. - The company will suspend the transfer of shares from December 2 to December 3, 2025, to determine the eligibility of shareholders for the interim dividend[91]. Management and Governance - The audit committee consists of three independent non-executive directors, responsible for overseeing the integrity and accuracy of the company's financial statements[87]. - The company has not purchased, sold, or redeemed any of its listed securities during the reporting period[88]. - The company has no significant changes in the interests of directors and key executives in shares or related securities as of September 30, 2025[96].

Interim Report 中期報告 2025 SERVE The Better LOVE The Community 服 務 美 好· 善 愛 生 活 Interim Report 中期報告 2025 CONTENT 目錄 2 Company Introduction 公司簡介 3 Corporate Information 公司資料 5 Management Discussion and Analysis 管理層討論與分析 17 Other Information 其他資料 24 Interim Condensed Consolidated Statement of Profit or Loss and Other Comprehensive Income 中期簡明綜合損益及其他全面收益表 26 Interim Condensed Consolidated Statement of Financial Position 中期簡明綜合財務狀況表 28 Interim Condensed Consolidated Statement of Changes in Equity 中期簡明綜合權益變動表 30 I ...

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 ...

Revenue and Financial Performance - Total revenue increased by 14.9% from HK$7,792,000 in 2024 to HK$8,953,000 in 2025[11] - Revenue from the publishing and IP licensing business was HK$7,783,000 in 2025, compared to HK$7,680,000 in 2024[12] - Revenue for the six months ended September 30, 2025, increased to HK$8,953,000 from HK$7,792,000, representing a growth of 14.9% year-over-year[39] - Gross profit for the same period rose to HK$3,694,000, compared to HK$3,527,000, marking an increase of 4.7%[39] - The Group's revenue from comic book sales was HK$6,112,000, contributing significantly to the total revenue[72] - Revenue from royalty income from IP licensing was HK$1,671,000, indicating ongoing monetization of intellectual properties[72] - External sales from the Publishing and IPs licensing segment were HK$7,783,000, while the Digital marketing segment generated HK$1,170,000 in external sales[83] Losses and Expenses - Loss before tax significantly increased to HK$31,799,000 from HK$11,933,000, indicating a rise of 166.7% year-over-year[39] - Loss for the period escalated to HK$32,099,000, compared to HK$11,620,000, reflecting an increase of 175.5%[41] - Total comprehensive expense for the period amounted to HK$31,521,000, up from HK$10,409,000, a rise of 202.5%[41] - The total loss before tax for the Group was HK$31,799,000, compared to a loss of HK$11,933,000 for the same period in 2024, indicating a significant increase in losses[83] - The Digital marketing segment reported a segment result loss of HK$24,058,000, contributing significantly to the overall loss[83] - The Group's unallocated expenses for the period were HK$8,256,000, which impacted the overall financial performance[83] Impairment and Asset Management - The Group incurred an impairment loss on intangible assets of HK$16,313,000 due to intense competition in the smart/AI product market[19] - The Group reported an impairment loss of HKD 16,313,000 on intangible assets due to the unfavorable market conditions for its Chinese smart products[22] - Impairment loss on intangible assets recognized was HK$16,313,000 for the six months ended September 30, 2025, with no impairment loss recorded in the same period of 2024[98] - An impairment loss of approximately HK$4,859,000 was recognized for deposits related to AI technology, reflecting caution in investment prospects due to unfavorable market conditions[136] Operating Expenses and Workforce - Net operating expenses for the AI speech technology segment amounted to approximately HK$24,058,000, primarily due to personnel and business promotion costs[20] - The Group employed 15 personnel in the AI speech technology segment and plans to continue hiring professionals for technical and business development[20] - The total manpower as of 30 September 2025 was 46, an increase from 45 on 31 March 2025[21] - For the six months ended September 30, 2025, the net operating expenses amounted to approximately HKD 24,058,000, primarily driven by personnel and business promotion costs[22] - The total number of employees increased from 45 to 46 as of March 31, 2025, indicating a focus on expanding the workforce for business development[23] Strategic Initiatives and Future Plans - The Group is focusing on expanding traditional publishing operations through AI technology to enhance production quality and cost control[12] - The Group aims to launch the natural language processing segment to generate profits as soon as possible[21] - The Group is enhancing cooperation with iFlytek and IBT to develop AI speech real-time human-computer interaction technology, with products like the Feilong Master mobile phone set to launch gradually[24] - The Group plans to expand its IP revitalization business by converting over 200 IPs into animation, short dramas, and short video content using AI technology[25] - The Group aims to maintain sustainable development while quickly bringing the natural language processing division to market for profitability[23] - The Group's focus on AI technology has opened significant opportunities in content creation, licensing, and derivative applications[25] - The Group's strategy includes the "fragmentation" of its IP portfolio to leverage AI technology for new content formats[25] Cash Flow and Financial Position - Cash and cash equivalents increased to HK$18,672,000 from HK$18,429,000, a growth of 1.3%[44] - Operating cash flows before movements in working capital were HK$7,385,000 for the six months ended September 30, 2025, an improvement from HK$9,129,000 in 2024[53] - Net cash used in operating activities was HK$4,933,000 for the six months ended September 30, 2025, compared to HK$8,849,000 in 2024, indicating a reduction in cash outflow[53] - The company reported a net cash used in financing activities of HK$1,274,000 for the six months ended September 30, 2025, a significant decrease from HK$5,938,000 in the same period of the previous year[56] - Cash and cash equivalents at the end of the period were HK$18,672,000, down from HK$24,741,000 at the beginning of the period[56] Share Capital and Options - The company has adopted a new share option scheme effective for 10 years from 29 August 2023, replacing the previous scheme that expired on 11 August 2023[169] - A total of 14,000,000 share options were granted under the 2013 Scheme, representing approximately 0.84% of the total number of shares in issue at the time of grant[170] - The company’s issued and fully paid share capital remained at HK$16,687,000 as of both 30 September 2025 and 31 March 2025, with 1,668,657,000 shares issued[167] - As of September 30, 2025, a total of 14,000,000 share options under the 2013 Scheme lapsed, resulting in no outstanding share options from this scheme[179] - Under the 2023 Scheme, no share options were granted, exercised, cancelled, or lapsed as of September 30, 2025[180] Taxation and Compliance - Current tax expense for Hong Kong profits tax was HK$25,000 for the six months ended September 30, 2025, compared to HK$21,000 in 2024[111] - Deferred tax expense for the period was HK$275,000, a decrease from a credit of HK$334,000 in 2024[111] - The total income tax expense credit for the period was HK$300,000, compared to a credit of HK$313,000 in 2024[111] - The company is not subject to any income tax in Bermuda for both interim periods[104] - No dividend was paid, declared, or proposed during the interim periods[112]

Financial Performance - Revenue for the six months ended September 30, 2025, was HKD 27,782,000, an increase of 6.56% compared to HKD 26,070,000 in the same period of 2024[4] - Gross profit for the same period was HKD 5,161,000, representing a significant increase from HKD 3,564,000, marking a growth of 45%[4] - The net profit attributable to the company's owners for the six months was HKD 15,374,000, a turnaround from a loss of HKD 1,281,000 in the previous year[4] - Total comprehensive income for the period was HKD 16,875,000, compared to a loss of HKD 3,288,000 in the same period last year[5] - The group recorded a profit before tax of HKD 15,374,000 for the six months ended September 30, 2025, compared to a loss of HKD 1,281,000 in the same period of 2024[22] - The basic and diluted earnings per share for the six months ended September 30, 2025, were HKD 0.0655, compared to a loss per share of HKD 0.0133 in the same period of 2024[25] - The company reported a profit attributable to shareholders of approximately HKD 15,374,000, compared to a loss of HKD 1,281,000 in the previous year, with earnings per share of HKD 0.0656[42] Assets and Liabilities - Current assets increased to HKD 72,132,000 from HKD 50,795,000, reflecting a growth of 42%[6] - Total assets as of September 30, 2025, were HKD 74,714,000, up from HKD 51,876,000, indicating a 44% increase[6] - Total equity rose to HKD 61,450,000 from HKD 44,575,000, representing a growth of 38%[7] - Cash and cash equivalents decreased to HKD 4,685,000 from HKD 15,042,000, a decline of 69%[10] - Trade receivables as of September 30, 2025, totaled HKD 67,538,000, with a credit loss provision of HKD 39,265,000, resulting in a net receivable of HKD 28,273,000[31] - Trade payables as of September 30, 2025, amounted to HKD 10,023,000, reflecting an increase from HKD 3,202,000 as of March 31, 2025[32] - The total current assets amounted to approximately HKD 72,132,000, while current liabilities were approximately HKD 13,264,000 as of September 30, 2025[46] - The company has no bank borrowings as of September 30, 2025, maintaining a capital debt ratio of zero[46] Income and Expenses - The company reported a significant increase in other income, totaling HKD 12,777,000, compared to a loss of HKD 1,259,000 in the prior year[4] - Other income, primarily from fair value changes of financial assets held for trading, amounted to HKD 12,777,000, a significant recovery from a loss of HKD 1,259,000 in the prior year[21] - Administrative expenses decreased to approximately HKD 2,564,000 from HKD 3,586,000 in the previous year, primarily due to reduced employee costs and marketing expenses[41] Revenue Segments - The advertising segment generated revenue of HKD 10,180,000, up 18.63% from HKD 8,580,000 in the prior year[19] - The e-commerce segment reported revenue of HKD 17,602,000, a slight increase of 0.64% from HKD 17,490,000 in the previous year[19] - For the six months ended September 30, 2025, the total revenue from contracts with external customers was HKD 27,782,000, representing an increase of 6.56% from HKD 26,070,000 in the same period of 2024[16] Investments - The company has significant investments in listed equity securities, with a total fair value of approximately HKD 34,288,000, representing 45.9% of total assets[49] - The Group holds a significant investment in Investment 1, valued at approximately HKD 3,740,000, representing 1.1% equity, which accounts for about 5.0% of the Group's total assets as of September 30, 2025[50] - The Group holds a significant investment in Investment 2, valued at approximately HKD 5,667,000, representing 2.4% equity, which accounts for about 7.6% of the Group's total assets as of September 30, 2025[51] - The Group holds a significant investment in Investment 3, valued at approximately HKD 6,197,000, representing 4.8% equity, which accounts for about 8.3% of the Group's total assets as of September 30, 2025[52] - The company’s investments in listed equity securities are intended for long-term strategic purposes, with market price fluctuations not aligning with the long-term strategy[29] Corporate Governance - The company has adopted and complied with all provisions of the Corporate Governance Code, except for certain deviations regarding the separation of roles between the Chairman and CEO, as no Chairman has been appointed as of September 30, 2025[87] - The Audit Committee consists of three independent non-executive directors, with Mr. Liao Guangsheng serving as the chairman, ensuring proper oversight of financial reporting and risk management[88] - The Board is composed of executive directors Mr. Wang Shidi, Ms. Sun Wei, and Ms. Man Qiaozhen, along with independent non-executive directors Mr. Liao Guangsheng, Ms. Wang Miaojun, and Ms. Wang Yujie[91] Future Outlook - The advertising segment's revenue is expected to grow as the company shifts its customer base from mainland China to the more stable Hong Kong market[44] - The company plans to continue investing in customized product services to strengthen its position in the Hong Kong e-commerce market[45] - Future plans include continuous development in advertising and e-commerce, diversification into other industries, and potential acquisitions to expand the product portfolio[80] - The company aims to utilize excess capital for diversified investments to achieve returns above typical bank deposit rates, enhancing equity returns[68] Employee and Operational Information - The company has 22 full-time employees as of September 30, 2025, all based in Hong Kong and China, with compensation aligned with market levels[78] - The company anticipates a strong retail sales growth of 5.9% year-on-year in Hong Kong for September 2025, driving its expansion strategy[79] Miscellaneous - The company did not declare or propose any interim dividends for the six months ended September 30, 2025[24] - The company has adopted a new share option scheme as of September 18, 2025, following the expiration of the previous scheme in August 2024[36] - There were no significant changes affecting the company's performance from April 1, 2025, to September 30, 2025[75] - There are no significant events after the reporting period that require disclosure[89] - The Board expresses gratitude to shareholders, management, and employees for their efforts and support[90]

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 ...