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佈之內容概不負責， 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佈之全部或任何 部分內容而產生或因倚賴該等內容而引致之任何損失承擔任何責任。 （於開曼群島註冊成立之有限公司） （股份代號：1841） 截至二零二五年九月三十日止六個月之 中期業績公佈 中期業績 優越集團控股有限公司（「本公司」）董事（「董事」）會（「董事會」）欣然宣佈本公司及其 附屬公司（統稱「本集團」）截至二零二五年九月三十日止六個月之未經審核簡明綜合 業績，連同二零二四年同期之未經審核比較數字如下： 1 未經審核簡明綜合損益及其他全面收益表 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） | | 收益 | 4 | 60,898 | 62,916 | | 服務成本 | | (30,551) | (32,817) | | 毛利 | | 30,347 | 30,099 | ...

Financial Performance - Revenue for the six months ended September 30, 2025, was HKD 429,409,000, a decrease of 15.6% compared to HKD 508,622,000 for the same period in 2024[4] - Gross profit for the same period was HKD 52,540,000, down 42.2% from HKD 90,901,000 year-over-year[4] - Operating loss for the six months was HKD 27,529,000, compared to an operating profit of HKD 10,196,000 in the previous year[4] - Net loss for the period was HKD 29,030,000, compared to a profit of HKD 7,090,000 in the same period last year[5] - Basic and diluted loss per share was HKD 5.76, compared to earnings of HKD 1.45 per share in the prior year[5] - Revenue for the six months ended September 30, 2025, was HKD 429,409,000, a decrease of 15.6% from HKD 508,622,000 in the same period of 2024[13] - Sales of packaging materials, labels, and paper products, including eco-friendly products, amounted to HKD 414,660,000, down from HKD 494,196,000, representing a decline of 16.1%[13] - The group reported a total operating loss of HKD 29,030,000 for the six months ended September 30, 2025, compared to an operating profit of HKD 7,090,000 in the same period of 2024[15][16] - The company reported a loss of approximately HKD 28.81 million for the six months ended September 30, 2025, compared to a profit of HKD 7.26 million in the same period last year[30] - Revenue for the period was approximately HKD 429 million, representing a decrease of about 16% year-on-year[30] Assets and Liabilities - Total assets as of September 30, 2025, were HKD 815,219,000, a decrease from HKD 842,010,000 as of March 31, 2025[8] - Total liabilities decreased to HKD 254,514,000 from HKD 262,429,000 as of March 31, 2025[8] - Cash and cash equivalents decreased to HKD 114,308,000 from HKD 198,650,000 as of March 31, 2025[8] - Trade receivables increased to HKD 229,727,000 from HKD 171,893,000 year-over-year[8] - Trade payables as of September 30, 2025, were HKD 105.17 million, compared to HKD 70.84 million as of March 31, 2025[29] - As of September 30, 2025, the group reported cash and bank balances of approximately HKD 115 million[45] - The group's operating capital surplus was approximately HKD 198 million as of September 30, 2025, compared to HKD 252 million in the previous year[46] - The debt-to-equity ratio as of September 30, 2025, was 5%, down from 7% in the previous year[46] Operational Highlights - The South China region generated revenue of HKD 285,403,000, a decrease of 24.8% from HKD 378,349,000 in the previous year[15][16] - The group incurred a financing cost of HKD 1,028,000, compared to HKD 1,556,000 in the previous year, reflecting a reduction of 34%[18] - The net exchange gain for the six months ended September 30, 2025, was HKD 1,743,000, an increase from HKD 1,223,000 in the same period of 2024[17] - The group reported a net other income of HKD 4,069,000 for the six months ended September 30, 2025, compared to HKD 7,335,000 in the same period of 2024[17] - The gross profit margin declined by approximately 6 percentage points compared to the same period last year, primarily due to increased competition and pricing strategies[30] Strategic Initiatives - The company plans to accelerate capacity layout in Southeast Asia to mitigate geopolitical risks and enhance operational efficiency through technological innovation[31] - The company is focusing on diversifying its business into non-traditional sectors such as e-commerce and high-end packaging to strengthen its market position[31] - The company is accelerating capacity construction in Malaysia to mitigate tariff risks and enhance service to global customers, while also increasing investment in high-growth areas such as domestic packaging and proprietary cultural products[33] - The company aims to leverage opportunities from the Regional Comprehensive Economic Partnership (RCEP) and ASEAN market openings to expand non-traditional businesses and high-value product offerings[44] Market Conditions - The global printing market is undergoing significant structural adjustments due to geopolitical tensions and trade protectionism, particularly the U.S. tariffs on Chinese imports, which have increased export costs and compressed profit margins[33] - The South China business has faced severe impacts from new U.S. tariffs, leading to a significant reduction in export orders and resulting in overall business losses[36] - The East China business has experienced major strategic adjustments due to delayed orders from key clients, prompting the company to implement a market diversification strategy[40] - Southeast Asia business recorded robust sales growth, reflecting a positive trend of international customers shifting orders from traditional production bases to Southeast Asia[42] Innovation and Development - The company has introduced a total of 14 new patents across its factories, showcasing its strength in process improvement and product development, with 4 new utility model patents in Guangzhou and Shaoguan, and 5 in Suzhou[34] - The company has developed new automated equipment to enhance production efficiency and product precision, contributing to its commitment to sustainable development[41] - The Malaysian plant, as the core base in Southeast Asia, is enhancing operational efficiency and product yield through process standardization and automation upgrades[42] Governance and Compliance - The company has adhered to the corporate governance code as per the Hong Kong Stock Exchange rules for the six-month period ending September 30, 2025[56] - The company has adopted the standard code for directors' securities transactions, confirming compliance during the same reporting period[57] - No significant events requiring disclosure occurred after September 30, 2025, until the announcement date[59] - The interim results report for the six-month period ending September 30, 2025, will be sent to shareholders and published on the company's website[60] - The chairman, Mr. Lin Guangru, holds both the chairman and CEO positions, which the board believes enhances strategic development and business plan execution[56] Human Resources - The group employs approximately 2,400 staff and is committed to continuous training and talent development programs[50]

Financial Performance - For the six months ended September 30, 2025, the company recorded revenue of approximately RMB 301.1 million, a decrease of about RMB 39.8 million or approximately 11.7% compared to the same period in 2024[3]. - The company reported a loss of approximately RMB 55.1 million for the six months ended September 30, 2025, an increase of about 18.9 million or approximately 52.1% compared to the loss in 2024[3]. - Basic loss per share for the six months ended September 30, 2025, was RMB 0.05, an increase of RMB 0.02 from RMB 0.03 in the same period of 2024[3]. - The group's revenue for the six months ended September 30, 2025, was RMB 301,146,000, a decrease of 11.6% compared to RMB 340,904,000 for the same period in 2024[15]. - For the six months ended September 30, 2025, the company recorded a net loss of approximately RMB 55.1 million, an increase of about 52.1% compared to a net loss of approximately RMB 36.2 million for the same period in 2024[35]. - Revenue decreased to RMB 301.1 million for the six months ended September 30, 2025, a decline of approximately 11.7% from RMB 340.0 million for the same period in 2024[37]. - The company's overall gross profit decreased to RMB 24.5 million for the six months ended September 30, 2025, a decline of approximately 49.0% from RMB 48.0 million for the same period in 2024[39]. - The overall gross profit margin fell from approximately 14.1% for the six months ended September 30, 2024, to about 8.1% for the same period in 2025[39]. Assets and Liabilities - Total assets as of September 30, 2025, amounted to RMB 2,990.7 million, a decrease from RMB 3,107.2 million as of March 31, 2025[7]. - Total liabilities as of September 30, 2025, were RMB 1,743.3 million, down from RMB 1,804.8 million as of March 31, 2025[8]. - Non-current assets totaled RMB 1,762.8 million as of September 30, 2025, compared to RMB 1,875.7 million as of March 31, 2025[7]. - Current assets were RMB 1,227.9 million as of September 30, 2025, slightly down from RMB 1,231.5 million as of March 31, 2025[8]. - The company’s cash and cash equivalents were RMB 133.1 million as of September 30, 2025, compared to RMB 145.5 million as of March 31, 2025[7]. - The company’s equity attributable to owners was RMB 1,245.1 million as of September 30, 2025, down from RMB 1,300.7 million as of March 31, 2025[8]. - Non-current bank loans (secured) amounted to RMB 385.2 million as of September 30, 2025, compared to RMB 413.6 million as of March 31, 2025[29]. - Current bank loans (secured) were RMB 454.0 million as of September 30, 2025, compared to RMB 442.5 million as of March 31, 2025[29]. - Total borrowings amounted to RMB 1,099.4 million as of September 30, 2025, compared to RMB 1,122.6 million as of March 31, 2025[30]. Dividends - The company did not declare an interim dividend for the six months ended September 30, 2025[4]. - The group has not declared any dividends for the six months ended September 30, 2025, consistent with the previous year[20]. Taxation - The estimated average annual tax rate for the six months ended September 30, 2025, was 15.1%, compared to 5.3% for the same period in 2024[19]. - The group has confirmed that its subsidiaries in China are subject to a corporate income tax rate of 25%[18]. Expenses - Employee benefits expenses totaled approximately RMB 55.9 million for the six months ended September 30, 2025, an increase of 37.1% compared to the same period in 2024, mainly due to the transition of subcontracted work to in-house employees[58]. - R&D expenses increased from approximately RMB 10.2 million for the six months ended September 30, 2024, to approximately RMB 10.3 million for the same period in 2025, mainly due to an increase in patent development projects[41]. - Sales and distribution expenses decreased by approximately 10.2% from approximately RMB 8.2 million for the six months ended September 30, 2024, to approximately RMB 7.3 million for the same period in 2025, primarily due to reduced marketing and consulting costs[42]. - General and administrative expenses were approximately RMB 37.6 million for the six months ended September 30, 2025, a slight increase of approximately RMB 0.1 million or about 0.3% compared to RMB 37.5 million for the same period in 2024[43]. - Financing costs decreased by approximately RMB 0.5 million or about 1.6% to approximately RMB 32.4 million for the six months ended September 30, 2025, from RMB 33.0 million for the same period in 2024, mainly due to lower interest rates[44]. Corporate Governance - An audit committee has been established to review and supervise the financial reporting process and internal audit functions, consisting of three independent non-executive directors[65]. - The audit committee reviewed the unaudited interim consolidated financial results for the six months ending September 30, 2025, and found no disagreements regarding the accounting principles and practices used[65]. - The interim results announcement has been published on the Hong Kong Stock Exchange and the company's website, containing all relevant information required by listing rules[66]. - The interim report includes disclosures that comply with applicable accounting standards and listing requirements[65]. - The company has adopted a code of conduct for directors' securities trading, confirming compliance with the standards set forth until September 30, 2025[64]. Future Outlook - The company is focusing on clean energy projects and expanding into overseas markets as key development directions for the future[36]. - The company managed a total of 1,135 tower cranes in China to meet various EPC project demands as of September 30, 2025[34].

Revenue Performance - Revenue for the six months ended September 30, 2025, was HKD 171,662,000, a decrease of 20.9% compared to HKD 217,328,000 for the same period in 2024[3] - For the six months ended September 30, 2025, the total revenue was HKD 171,662,000, a decrease of 21% compared to HKD 217,328,000 for the same period in 2024[20] - The revenue from the Hong Kong market for the six months ended September 30, 2025, was HKD 162,734,000, down from HKD 200,910,000 in 2024, representing a decline of 18.9%[20] - The segment revenue from brokerage was HKD 42,910,000 for 2025, down from HKD 60,863,000 in 2024, representing a decline of 29.6%[13][15] Profit and Earnings - The net profit for the period was HKD 49,539,000, a slight decrease of 2.5% compared to HKD 50,831,000 in the same period last year[3] - Basic earnings per share increased to HKD 8.0, up from HKD 6.5, representing a growth of 23.1%[4] - Profit attributable to the company's owners for the same period was approximately HKD 49.5 million, an increase from HKD 31.4 million in 2024, primarily due to a reduction in impairment losses on receivables from margin clients and the acquisition of non-controlling interests in a subsidiary[44] - The pre-tax profit for the six months ended September 30, 2025, was HKD 65,824,000, compared to HKD 63,508,000 for the same period in 2024, showing a slight increase of 3.6%[15] Comprehensive Income - Total comprehensive income for the period was HKD 68,209,000, down 18.7% from HKD 83,885,000 in the previous year[4] - The company's profit attributable to equity holders for the six months ended September 30, 2025, was HKD 49,512,000, compared to HKD 31,418,000 for the same period in 2024, representing a year-over-year increase of 57.6%[26] Assets and Liabilities - Total assets as of September 30, 2025, were HKD 5,446,831,000, a decrease from HKD 5,517,675,000 as of March 31, 2025[5] - The total liabilities as of September 30, 2025, were HKD 476,910,000, down from HKD 700,193,000 as of March 31, 2025, indicating a reduction of 31.9%[17] - Non-current assets decreased to HKD 1,690,728,000 from HKD 1,806,168,000, reflecting a decline of 6.4%[5] - Total accounts receivable as of September 30, 2025, amounted to HKD 2,025,818,000, down from HKD 2,291,132,000 as of March 31, 2025, indicating a decrease of 11.6%[29] Dividends - The company declared dividends of HKD 61,820,000, an increase from HKD 48,314,000 in the previous year, reflecting a growth of 28.1%[4] - The company proposed an interim dividend of HKD 30,910,000 for the six months ended September 30, 2025, compared to no interim dividend in the same period of 2024[24] - The company declared an interim dividend of HKD 0.05 per share for the six months ended September 30, 2025, to be paid on or around December 30, 2025[42] Risk Management and Future Outlook - The company maintained a cautious and balanced risk management approach, regularly reviewing and adjusting business strategies[58] - The management remains cautiously optimistic about future business development and overall performance[58] Employee Compensation - The total employee compensation cost for the period was approximately HKD 9,300,000, down from HKD 12,200,000 in the previous year[65] Other Financial Metrics - The average daily turnover of the main board and GEM increased by 116.6% to approximately HKD 262.3 billion during the six months ended September 30, 2025, compared to approximately HKD 121.1 billion in the previous fiscal period[46] - The group has no mortgaged assets for obtaining bank credit as of September 30, 2025[63] - The company had no significant contingent liabilities as of September 30, 2025[62] - There were no major acquisitions or disposals of subsidiaries, associates, or jointly controlled entities during the period[64]

香港聯合交易所有限公司（「聯交所」）GEM之特色 GEM的定位，乃為中小型公司提供一個上市的市場，此等公司相比起其他在聯交所 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以及聯交所對本報告之內容概不負責，對其準確性或完 整性亦不發表任何聲明，並明確表示概不就因本報告全部或任何部分內容而產生或 因倚賴該等內容而引致之任何損失承擔任何責任。 本報告乃遵照聯交所GEM證券上市規則（「GEM上市規則」）之規定而提供有關毅高（國 際）控股集團有限公司（「本公司」）之資料。本公司各董事（「董事」）願就本報告共同 及個別承擔全部責任，並於作出一切合理查詢後，確認就彼等所深知及確信：本報 告所載資料在各重大方面均屬準確及完整，且無誤導或欺詐成分；亦無遺漏任何其 他事項致使本報告所載任何聲明或本報告產生誤導。 財務摘要 3 毅高（國際）控股集團有限公司 / 中期報告2025 ...

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佈之內容概不負責， 對其準確性或完整性亦不發表任何聲明，並明確表示概不就因本公佈全部或任何 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。 截至二零二五年九月三十日止六個月之業績公佈 修身堂控股有限公司（「本公司」）董事（「董事」）會（「董事會」）欣然宣佈本公司 及其附屬公司截至二零二五年九月三十日止六個月之中期業績。本公佈列載本公 司二零二五年中期業績報告全文，並符合香港聯合交易所有限公司（「聯交所」） GEM證券上市規則（「GEM上市規則」）中有關中期業績初步公佈附載資料之要求。 承董事會命 梅偉琛 香港，二零二五年十一月二十七日 於本公佈發表日期，董事會成員包括執行董事：梅偉琛先生及李錦晉先生；獨立非 執行董事：區兆倫先生、鄭振康先生及曾芷諾女士。 本公佈（董事願共同及個別對此負全責）乃遵照GEM上市規則之規定而提供有關 本公司的資料。董事經作出一切合理查詢後確認，就彼等所深知及確信，本公佈所 載資料在各重大方面均屬準確及完整，且無誤導或欺詐成份，及並無遺漏任何其 他事項，致使本公佈所載任何陳述或本公佈產生誤導。 本公佈將自其發出日期起 ...

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 全部或任何部分內容而產生或因依賴該等內容而引致的任何損失承擔任何責 任。 （於百慕達註冊成立之有限公司） （股份代號：621） 截至二零二五年九月三十日止六個月 中期業績公告 中期業績 Taung Gold International Limited（壇 金 礦 業 有 限 公 司*）（「本公司」）董 事 會（「董事會」 欣 然 宣 佈 本 公 司 及 其 附 屬 公 司（統 稱「本集團」）截 至 二 零 二 五 年 九 月 三 十 日 止 六 個 月 之 未 經 審 核 綜 合 中 期 業 績（連 同 二 零 二 四 年 同 期 之 比 較 數 字）如 下： – 2 – 未經審核簡明綜合財務狀況表 於二零二五年九月三十日 | | | | | | | | 二零二五年 | | | | | | | 二零二五年 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- ...

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佈的內容概不負責， 對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公佈全部或任 何部份內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 資本策略地產有限公司 * CSI PROPERTIES LIMITED （於百慕達註冊成立之有限公司） （股份代號：497） （認股權證代號：2612） 中期業績公告 截至二零二五年九月三十日止六個月 資本策略地產有限公司（「本公司」）的董事會欣然宣佈本公司及其附屬公司（統稱 為「本集團」）截至二零二五年九月三十日止六個月的未經審核簡明綜合業績。 管理層討論及分析 業務回顧 截至二零二五年九月三十日止中期期間，本集團的收益為124,100,000港元，而上 一個中期期間為143,000,000港元。截至二零二五年九月三十日止中期期間，本集 團錄得未經審核簡明綜合虧損為557,900,000港元，而上一個中期期間綜合虧損為 914,600,000港元。綜合虧損主要可歸因於本集團持作出售物業之撇減以及合營企 業及聯營公司物業之減值撥備約287,400,000港元。本集團持作出售物業之撇減以 及合營企業及聯營 ...

Revenue and Profitability - Revenue for the six months ended September 30, 2025, was HKD 20.7 million, a decrease of 7.9% compared to HKD 22.4 million for the same period in 2024[2] - Gross profit decreased by 23.9% to HKD 9.3 million from HKD 12.3 million year-on-year[2] - Loss attributable to equity shareholders was HKD 12.4 million, a 36.7% improvement from a loss of HKD 19.6 million in the previous year[2] - Basic and diluted loss per share improved to HKD 0.26 from HKD 0.41, reflecting a 36.7% reduction in loss per share[2] - Operating loss for the period was HKD 18.5 million, compared to HKD 22.8 million in the previous year[3] - Total comprehensive loss for the period was HKD 11.5 million, down from HKD 19.7 million in the previous year[4] - The total loss before tax for the six months ended September 30, 2025, was HKD 12,580,000, compared to a loss of HKD 19,679,000 for the same period in 2024[22] - The company reported a net loss of HKD 12,639,000 for the six months ended September 30, 2025, compared to a net loss of HKD 19,679,000 in the previous year[22] Revenue Breakdown by Segment - For the six months ended September 30, 2025, total revenue from customer contracts was HKD 20,660,000, a decrease of 7.8% compared to HKD 22,423,000 for the same period in 2024[15] - The segment revenue for CMDS was HKD 5,869,000, down 28.5% from HKD 8,186,000 in the previous year[19] - The logistics services segment reported revenue of HKD 1,236,000, a decrease of 9.2% from HKD 1,361,000 in the prior year[19] - Revenue from the sale of recycled paper and materials increased to HKD 13,355,000, up 10.7% from HKD 12,065,000 in the previous year[19] - Revenue from the sales of recycled paper increased by HKD 1,313,000 or 11.0% to HKD 13,275,000, driven by a 10.4% increase in sales volume[49] - CMDS service revenue decreased by HKD 2,317,000 or 28.3% to HKD 5,869,000 due to reduced income from non-paper destruction projects[50] Assets and Liabilities - Non-current assets amounted to HKD 222.5 million, slightly down from HKD 224.9 million as of March 31, 2025[5] - Current assets decreased to HKD 44.9 million from HKD 56.6 million, primarily due to a reduction in cash and bank deposits[5] - The net value of trade receivables as of September 30, 2025, was HKD 4,819,000, an increase from HKD 4,219,000 as of March 31, 2025[35] - The company had a total of HKD 5,457,000 in trade receivables as of September 30, 2025, an increase from HKD 4,857,000 as of March 31, 2025[35] - The company recognized a total impairment of HKD 638,000 against trade receivables as of both September 30, 2025, and March 31, 2025[36] - As of September 30, 2025, the company's accounts payable amounted to HKD 1,349,000, with overdue payments exceeding 120 days totaling HKD 503,000[37] - The net debt balance as of September 30, 2025, was HKD 17,900,000, an increase from HKD 7,300,000 as of March 31, 2025, with a debt-to-equity ratio of 8.6%[56] Income and Expenses - Other income increased significantly to HKD 2.675 million from HKD 0.399 million, indicating a strong growth in non-operating revenue[3] - Other income for the six months ended September 30, 2025, was HKD 2,675,000, compared to HKD 399,000 in the same period of 2024[20] - The financing income for the six months ended September 30, 2025, was HKD 328,000, a decrease from HKD 1,721,000 in the previous year[22] - The group recorded a significant decrease in corporate expenses by HKD 7,324,000 or 29.3%, primarily due to reduced depreciation and amortization expenses related to its Tseung Kwan O property[46] - Sales, distribution, administrative, and other operating expenses totaled HKD 30,500,000, a decrease of HKD 4,900,000 or 13.8% due to reduced depreciation and amortization expenses[53] - The group reported an EBITDA loss of HKD 6,800,000, slightly increasing by HKD 100,000 from the previous period's loss of HKD 6,700,000[54] Dividends and Share Options - The company did not recommend any interim dividend for the six months ended September 30, 2025[2] - The company has not declared or paid any dividends for the six months ended September 30, 2025, consistent with the previous period[41] - The company has not granted, exercised, or canceled any share options under its share option scheme since its adoption on August 30, 2023[41] Future Outlook and Strategic Plans - The company expects that the application of new IFRS standards will not have a significant impact on the consolidated financial statements in the foreseeable future[11] - The company is currently evaluating the specific impact of new IFRS standards on future consolidated financial statements[11] - The company plans to return the lease of its Tseung Kwan O headquarters to alleviate long-term financial pressure, with the move expected to enhance operational efficiency[45] - The group anticipates stable revenue sources from its high-quality CMDS services and efficient logistics fleet, with growth opportunities from the expanded regulatory scope for electronic waste recycling in Hong Kong and the mainland China market[62] Corporate Governance - The audit committee consists of three independent non-executive directors and two non-executive directors, overseeing the review of the unaudited interim results for the six months ending September 30, 2025[67] - No purchases, sales, or redemptions of the company's listed securities occurred during the six months ending September 30, 2025[68] - The interim results announcement is available on the company's website and the designated website of the Hong Kong Stock Exchange[69]

Financial Performance - Revenue for the six months ended September 30, 2025, was HKD 44,919,000, an increase of 8.0% compared to HKD 41,304,000 for the same period in 2024[4] - The company reported a loss attributable to owners of the company of HKD 3,962,000 for the period, a decrease in loss compared to HKD 4,258,000 in the previous year[4] - The basic and diluted loss per share for the period was HKD (0.65), an improvement from HKD (0.72) in the previous year[4] - The group reported a pre-tax loss of HKD 722 for the six months ended September 30, 2025, compared to a pre-tax loss of HKD 3,436 for the same period in 2024[15] - The company reported a loss attributable to shareholders of HKD 3,962,000 for the six months ended September 30, 2025, compared to a loss of HKD 4,258,000 for the same period in 2024, indicating a decrease in losses of approximately 6.96%[23] - The company reported a loss of approximately HKD 0.7 million for the reporting period, a decrease from a loss of approximately HKD 3.4 million in the same period last year[48] Cash Flow and Liquidity - The net cash flow from operating activities was approximately HKD 8,260,000, indicating positive cash generation despite the reported loss[8] - The company maintained cash and cash equivalents of approximately HKD 10,266,000 as of September 30, 2025, compared to HKD 7,972,000 at the end of March 2025[5] - The company regularly monitors its liquidity needs to ensure sufficient cash reserves for short-term and long-term obligations[58] - As of September 30, 2025, the company's cash and cash equivalents totaled approximately HKD 10.3 million, an increase of about HKD 2.3 million from approximately HKD 8.0 million as of March 31, 2025[50] Assets and Liabilities - Current liabilities net value was approximately HKD (31,706,000), an improvement from HKD (39,561,000) in the previous period[5] - The total assets less current liabilities stood at HKD 30,427,000, slightly up from HKD 30,289,000 in the previous period[5] - Total assets as of September 30, 2025, were HKD 82,851, a decrease from HKD 85,545 as of March 31, 2025[16] - The group’s total liabilities as of September 30, 2025, were HKD 65,281, compared to HKD 67,583 as of March 31, 2025[16] - The company's debt-to-equity ratio as of September 30, 2025, was approximately 272%, up from approximately 239% as of March 31, 2025[50] Revenue Breakdown - For the six months ended September 30, 2025, total revenue from external customers was HKD 44,919, with leasing services contributing HKD 18,745 and debt collection services contributing HKD 26,174[14] - The group’s debt collection service revenue increased to HKD 14,891 for the six months ended September 30, 2025, up from HKD 10,321 in the same period of 2024[17] - The group’s leasing service revenue decreased to HKD 11,209 for the six months ended September 30, 2025, down from HKD 13,513 in the same period of 2024[17] - Debt collection services contributed approximately HKD 26.2 million to the company's revenue during the reporting period, enhancing the leasing business ecosystem[42] Cost Management - The group implemented active cost-saving measures to control administrative costs and improve cash flow and financial condition[10] - Personnel costs decreased to approximately HKD 12.7 million, down about 3.3% from approximately HKD 13.1 million in the same period last year, primarily due to a reduction in staff numbers[43] - Other operating expenses increased to approximately HKD 7.4 million, up about 1.5% from approximately HKD 7.2 million in the same period last year[44] - The total cost of acquiring property, plant, and equipment was approximately HKD 11,298,000 for the six months ended September 30, 2025, down from HKD 15,494,000 in the same period of 2024, representing a decrease of about 27.06%[25] Financing and Investment - The company has unused and available financing totaling HKD 41,739,000 as of September 30, 2025, which includes HKD 13,516,000 from a related company[9] - The company extended a loan financing of RMB 20,000,000 from a related company, maturing on October 21, 2026, to improve working capital[8] - The company plans to issue convertible bonds worth HKD 35,000,000, which was approved by independent shareholders at a special meeting held on October 30, 2025[37] - The company is exploring investment opportunities that benefit shareholders, with no major acquisitions or disposals reported during the period[60] Risk Factors - The company faces increased credit risk due to the economic slowdown and higher default risks among small and medium-sized enterprises (SMEs)[55] - The company has significant interest expenses related to bank borrowings, and interest rate fluctuations directly impact financing costs and profitability[56] - The company is exposed to foreign exchange risks primarily from transactions denominated in RMB and USD, with no current hedging policies in place[57] Corporate Governance - The company is committed to good corporate governance practices and has adopted a board diversity policy to enhance performance quality[64] - The company emphasizes the importance of a diverse board to maintain competitive advantages and regularly reviews its composition for improvements[65] - The audit committee was established on December 18, 2015, and is responsible for reviewing the group's financial information and overseeing the financial reporting system[66] - The audit committee includes two non-executive directors and three independent non-executive directors, with Mr. Li as the chairman[66] - The interim financial statements for the six months ending September 30, 2025, were reviewed by the audit committee before formal approval by the board[68] Shareholder Communication - The company did not declare or propose any dividends to ordinary shareholders for the six months ended September 30, 2025, consistent with the previous year[21] - The interim report will be sent to shareholders and published on the company's website and the Hong Kong Stock Exchange website[71]