Financial Performance - Revenue for the six months ended September 30, 2025, was HK$8,342,000, a decrease of 52.3% compared to HK$17,459,000 for the same period in 2024[15] - Gross profit for the current interim period was HK$1,631,000, down 62.1% from HK$4,311,000 in the previous year[15] - Operating loss increased significantly to HK$33,727,000, compared to an operating loss of HK$2,057,000 in the same period last year, reflecting a deterioration in operational performance[15] - Loss for the period was HK$33,751,000, compared to a loss of HK$2,006,000 for the same period in 2024, indicating a substantial increase in net losses[15] - For the six months ended September 30, 2025, the total comprehensive loss was HK$54,150,000, compared to a comprehensive income of HK$4,293,000 for the same period in 2024, indicating a significant decline[16] - The loss attributable to owners of the Company for the period was HK$33,751,000, compared to a loss of HK$2,006,000 in the previous year, reflecting a worsening financial performance[16] - The company reported finance income of HK$3,000 for the six months ended 30 September 2025, down from HK$59,000 in the previous year, reflecting a decrease of 94.6%[46] - The finance (costs)/income, net for the six months ended 30 September 2025 was reported at HK$(2,000), a significant decline from HK$51,000 in 2024[46] - The basic loss per ordinary share for the six months ended September 30, 2025, was HK$10.61, compared to HK$1.11 for the same period in 2024, reflecting a substantial decline in earnings per share[53] Operating Expenses - Staff costs rose to HK$3,807,000, up 74.0% from HK$2,187,000 in the previous year, contributing to the overall increase in operating expenses[15] - Other operating expenses increased to HK$7,498,000, compared to HK$3,486,000 in the prior year, reflecting higher operational costs[15] - The Group's total employee remuneration and staff costs for the current interim period were approximately HK$3.81 million, an increase from approximately HK$2.19 million in the last interim period[149][151] - Other operating expenses increased by approximately 115% to HK$7.5 million for the Current Interim Period, attributed to higher expenses in premium white spirit trading[131] Assets and Liabilities - Total assets decreased to HK$1,460,938,000 as of September 30, 2025, down from HK$1,510,839,000 as of March 31, 2025, showing a reduction of approximately 3.3%[17] - Current liabilities decreased slightly to HK$296,713,000 from HK$308,351,000, resulting in a net current asset value of HK$898,243,000[17] - Cash and cash equivalents at September 30, 2025, were HK$13,651,000, a significant decrease from HK$110,731,000 at March 31, 2025, indicating a cash reduction of approximately 87.7%[21] - The total liabilities as of 30 September 2025 were HK$1,140,387,000, which is a slight increase from HK$1,136,138,000 as of 31 March 2025[43] - The Group's net current assets were approximately HK$898.2 million as of September 30, 2025, down from approximately HK$1,007.1 million as of March 31, 2025, with a current ratio of approximately 4.03 compared to 4.27[137][139] - The net debt gearing ratio increased to approximately 249.0% as of September 30, 2025, from approximately 182.9% as of March 31, 2025[139][141] Segment Information - For the six months ended September 30, 2025, the Group reported segment revenue from external customers of HK$8,342,000[36] - The Group incurred a segment loss before income tax of HK$33,729,000 for the same period[36] - The Group's operating segments include property investment, property development, hotel operations, trading and developing of premium white spirit, and comprehensive healthcare planning and management services[31] - The property development segment is engaged in property development and sales in Weihai and Shenzhen Qianhai[34] - The hotel operations segment focuses on hotel rental and food and beverage business in Weihai[34] - The trading and developing of premium white spirit segment is involved in trading and developing premium white spirit[34] - The comprehensive healthcare planning and management services segment provides services to healthcare operators and sells healthcare products[34] Future Outlook and Strategic Initiatives - The company has not provided specific guidance for future performance or strategic initiatives in the current report[15] - The company plans to develop a land in Qianhai, Shenzhen into two residential towers with a gross floor area of approximately 71,000 square meters, starting late 2025[92] - The Group anticipates sufficient financing for the Weihai Property through cash flow from pre-sales, loan facilities, contractor financing, and other capital arrangements[113] - The Group's key project, the Jin Haidan No. 1 residential apartments in Weihai, Shandong, is currently in pre-sale and is expected to complete in the second half of 2026 due to delays caused by the COVID-19 pandemic[153] Corporate Governance - The Group is committed to high standards of corporate governance and has complied with the Corporate Governance Code throughout the Current Interim Period, except for the separation of the roles of chairman and chief executive officer[171] - The Audit Committee, comprising independent non-executive Directors, reviewed the unaudited interim results for the Current Interim Period and had no disagreement with the accounting treatment adopted by the Company[175] Shareholder Information - The company did not recommend the payment of an interim dividend for the six months ended September 30, 2025, consistent with the previous year where no dividend was declared[55] - The Share Option Scheme allows for the issuance of up to 12,005,000 shares, representing 3.7% of the issued shares as of the interim report date[162] - The maximum number of shares that can be issued upon the exercise of share options in any 12-month period is limited to 1% of the issued share capital[162] - The Company did not redeem any of its shares listed on the Stock Exchange during the Current Interim Period, nor did it or any of its subsidiaries purchase or sell any shares[169]

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 就 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。 Twintek Investment Holdings Limited 乙德投資控股有限公司 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 | 千港元 | 千港元 | 註 | （未 | 經 | 審 | 核） | （未 | 經 | 審 | 核） | | 收 | 益 | 141,578 | 4 | 68,709 | 銷售及服務成本 | (122,201) | (54,535) | | | | | | 毛 | 利 | 19,377 | 14,174 | 其他收入 | 5 | 489 | 6,965 | | | | ...

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，並明確表示概不就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之任何損失承擔任何責任。 WMHW Holdings Limited 萬民好物控股有限公司 （於開曼群島註冊成立的有限公司） （股份代號：8217） 截至二零二五年九月三十日止六個月之 中期業績公告 萬民好物控股有限公司（「本公司」，連同其附屬公司稱為「本集團」）董事（「董事」） 會（「董事會」）欣然公佈本集團截至二零二五年九月三十日止六個月之未經審核 業績。本公告載有本公司二零二五年中期報告全文，乃符合香港聯合交易所有限 公司GEM證券上市規則（「GEM上市規則」）中有關中期業績初步公告附載資料之 相關要求。 承董事會命 萬民好物控股有限公司 執行董事 陳健 香港，二零二五年十一月二十八日 於本公告日期，執行董事為陳健先生及余曉女士，而獨立非執行董事為黃智瑾先生、 劉燕欽女士及廖洪浩先生。 本公告遵照GEM 上市規則的規定，提供關於本公司的資料；全體董事共同及個別 對本公告負全責。董事經作出一切合理查詢後確認，據彼等所知及所信， ...

Financial Performance - For the six months ended September 30, 2025, the company reported total revenue of HKD 203,573,000, a significant increase from HKD 93,150,000 in the same period of 2024, representing a growth of approximately 118%[4] - The gross profit for the same period was HKD 860,000, compared to HKD 1,140,000 in 2024, indicating a decrease of about 24.6%[4] - The company incurred a loss before tax of HKD 3,533,000 for the six months ended September 30, 2025, compared to a loss of HKD 3,017,000 in the previous year, reflecting a deterioration in performance[4] - The net loss attributable to shareholders for the period was HKD 3,546,000, compared to HKD 3,001,000 in 2024, marking an increase in losses of approximately 18.2%[4] - Revenue for the six months ended September 30, 2025, was HKD 93,150,000, a decrease of 54.3% compared to HKD 203,573,000 for the same period in 2024[12] - For the six-month period ending September 30, 2025, the group recorded a net loss of approximately HKD 3.0 million, compared to a net loss of approximately HKD 3.5 million for the same period in 2024, indicating a slight improvement[29][37] - Revenue for the six-month period ending September 30, 2025, was approximately HKD 93.2 million, a decrease of about 54.2% compared to HKD 203.5 million for the same period in 2024, primarily due to project completions and competitive pricing pressures[32] - Gross profit for the six-month period ending September 30, 2025, was approximately HKD 1.1 million, an increase of about 22.2% from HKD 0.9 million for the same period in 2024, with a gross margin of approximately 1.2% compared to 0.4% in 2024[33] Cash Flow and Assets - The company's cash and cash equivalents decreased to HKD 11,814,000 as of September 30, 2025, down from HKD 12,965,000 at the end of March 2025, a decline of about 8.8%[7] - Total assets less current liabilities stood at HKD 75,372,000 as of September 30, 2025, compared to HKD 78,205,000 as of March 31, 2025, indicating a decrease of approximately 3.6%[5] - The company reported a net cash outflow from operating activities of HKD 1,055,000 for the six months ended September 30, 2025, compared to HKD 12,804,000 in the same period of 2024, showing an improvement in cash flow management[7] - The company's non-current assets totaled HKD 1,847,000 as of September 30, 2025, an increase from HKD 1,626,000 as of March 31, 2025, representing a growth of approximately 13.5%[5] - Trade receivables as of September 30, 2025, amounted to HKD 14,615,000, a decrease from HKD 17,656,000 as of March 31, 2025[22] - Trade payables as of September 30, 2025, totaled HKD 17,195,000, an increase from HKD 13,160,000 as of March 31, 2025[24] Shareholder and Equity Information - The company’s equity attributable to shareholders decreased to HKD 74,596,000 as of September 30, 2025, down from HKD 77,597,000 at the end of March 2025, a decline of about 3.9%[6] - Major shareholders include Gao Di with 105,000,000 shares, representing 37.99% of the company[61] - Wang Wei and Sun Yiyun each hold 20,940,000 shares, accounting for 7.57% of the company[61] - Che Wenlong holds 14,200,000 shares, which is 5.13% of the company[61] Operational Highlights - The company continues to focus on providing masonry engineering services, with no new product launches or significant market expansion strategies disclosed in the report[8] - The group plans to implement more cautious project selection and will choose established contractors and reputable business partners to ensure project stability and healthy receivables[29] - The group aims to enhance operational efficiency and profitability while expanding its machinery and equipment to improve technical capabilities for future project bids[30] - The group is exploring opportunities to expand its core business beyond the Hong Kong market to strengthen its revenue base and diversify its operations[31] Corporate Governance and Compliance - The audit committee consists of three independent non-executive directors and has reviewed the unaudited financial results for the six months ending September 30, 2025[69] - The company has complied with corporate governance codes since its listing date[68] - No conflicts of interest or competition with the group's business were reported among directors or major shareholders[64] - The company has confirmed compliance with the GEM listing rules regarding securities trading by directors[63] Employee and Cost Management - Total employee costs for the six months ended September 30, 2025, amounted to approximately HKD 8.1 million, a decrease from HKD 10.2 million for the same period in 2024[55] - The group employed 43 full-time employees in Hong Kong as of September 30, 2025, down from 51 employees in the previous year[55] - Administrative and other operating expenses decreased by approximately HKD 0.3 million or 6.7% to approximately HKD 4.2 million for the six-month period ending September 30, 2025, primarily due to reduced employee costs[35] Financing and Investments - The company entered into a new lease agreement for a warehouse with a total recognized right-of-use asset and lease liability of approximately HKD 564,000[21] - The company has not made any acquisitions or significant investments in property, plant, and equipment during the six months ended September 30, 2025[21] - The group had no significant investments, acquisitions, or disposals of subsidiaries, associates, or joint ventures as of September 30, 2025[47] - There were no capital expenditures reported for the six months ended September 30, 2025, remaining at zero as in the previous period[51] - The group has no significant contingent liabilities as of September 30, 2025[52] - The group has no significant capital commitments as of September 30, 2025[53] Market and Risk Management - The group continues to manage its bank balances and maintain healthy liquidity to seize future growth opportunities[46] - The group has no major foreign exchange risk as most transactions are denominated in HKD[49] - The company has not purchased, sold, or redeemed any of its listed securities in the past six months[65] - The company has adopted a share option scheme since September 14, 2017, with 12,000,000 options available as of both March 31, 2025, and September 30, 2025, representing approximately 4.34% of issued shares[67] Dividend and Financial Reporting - The company did not declare or recommend any dividend for the six months ended September 30, 2025[20] - The mid-term results announcement and report are available on the Hong Kong Stock Exchange and the company's website[70]

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 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 告 全 部 或 任 何 部 分 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。 （於開曼群島註冊成立之有限公司） （股份代號： 01382） 截 至2025年9月30日止六個月 中期業績公告 本公司之董事局欣然公佈本集團截至2025年9月30日止六個月之未經審核簡明綜合 業 績，連 同 截 至2024年9月30日 止 六 個 月 之 比 較 數 字。 中期財務資料 簡明綜合損益表 截 至2025年9月30日止六個月 | | | | | | | | 至9月30日止六個月 | | | | 截 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | | | | | 2025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。 CHERISH SUNSHINE INTERNATIONAL LIMITED 承 輝 國 際 有 限 公 司 （ 於 百 慕 達 註 冊 成 立 之 有 限 公 司 ） 截至二零二五年九月三十日止六個月之中期業績公告 承輝國際有限公司（「本公司」）董事（「董事」）會（「董事會」）公佈本公司及其附屬 公司（統稱「本集團」）截至二零二五年九月三十日止六個月（「本期間」）未經審核 簡明綜合中期業績及財務狀況連同截至二零二四年九月三十日止六個月之比較數 字。簡明綜合中期業績未經本公司核數師審閱或審核，惟已經本公司審核委員會（「審 核委員會」）審閱。 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 ...

Financial Performance - Revenue for the six months ended September 30, 2025, increased by approximately 8.9% to about HKD 476.3 million compared to HKD 437.2 million for the same period in 2024[9]. - Gross profit for the reporting period rose by approximately 7.9% to about HKD 76.4 million, up from HKD 70.9 million in the previous year[9]. - Profit attributable to owners of the company decreased by approximately 23.4% to about HKD 5.1 million, down from HKD 6.6 million in the same period last year[9]. - Basic earnings per share decreased by approximately 23.2% to HKD 0.63, compared to HKD 0.82 for the same period in 2024[9]. - The company reported a net profit of HKD 5,067,000 for the six months ended September 30, 2025, a decrease from HKD 6,618,000 in the same period of 2024, representing a decline of 23.4%[14]. - The company’s total comprehensive income for the six months ended September 30, 2025, was HKD 7,241,000, compared to HKD 9,074,000 for the same period in 2024, a decrease of 20.2%[14]. - The group achieved a net profit attributable to shareholders of HKD 5.1 million, a decrease of approximately 23.4% from HKD 6.6 million in the same period last year[58]. Revenue Breakdown - Revenue from IT infrastructure solutions was HKD 314,040,000, up 12.2% from HKD 279,700,000 year-over-year[26]. - Revenue from IT infrastructure management services increased to HKD 162,122,000, a rise of 3.5% compared to HKD 157,415,000 in the previous year[26]. - AI products and solutions generated revenue of HKD 102,000, a decrease of 10.5% from HKD 114,000 in the prior year[26]. Expenses and Cash Flow - Total operating expenses during the reporting period were approximately HKD 68.4 million, with about HKD 5.9 million allocated to support research and development in generative AI and the establishment of the Network and Security Operations Center (NOC/SOC)[9]. - The net cash used in operating activities for the six months ended September 30, 2025, was HKD 57,998,000, compared to HKD 47,196,000 for the same period in 2024, indicating a 22.5% increase in cash outflow[15]. - The company incurred cash outflows of HKD 3,619,000 for the purchase of property, plant, and equipment during the six months ended September 30, 2025, compared to HKD 251,000 in the same period of 2024, indicating a significant increase in capital expenditure[15]. Assets and Liabilities - Non-current assets as of September 30, 2025, totaled HKD 133.3 million, an increase from HKD 127.3 million as of March 31, 2025[12]. - Total assets as of September 30, 2025, amounted to HKD 585,878,000, compared to HKD 511,556,000 as of September 30, 2024[24]. - Total liabilities increased to HKD 386,862,000 from HKD 316,962,000 year-over-year[24]. - Current liabilities totaled HKD 297.1 million, slightly up from HKD 295.0 million as of March 31, 2025[12]. - The company’s non-current liabilities increased to HKD 89,811,000 as of September 30, 2025, from HKD 80,575,000 as of March 31, 2025, marking an increase of 11.5%[13]. Shareholder Information - Proposed final dividend per share is HKD 0.75, down from HKD 0.82 in the previous year, totaling HKD 6,025,000[31]. - Major shareholders include Mr. Mo with 91,800,000 shares (11.4%) and Mr. Zhang with 89,760,000 shares (11.2%) as of September 30, 2025[76]. - Ms. Luk holds 226,890,000 shares (28.2%) and has a spouse interest in 450,500,000 shares (56.1%)[76]. - The total issued shares as of September 30, 2025, is 803,280,000[79]. Employee and Management Costs - The total employee cost for the reporting period was approximately HKD 122.7 million, compared to HKD 118.3 million in 2024[69]. - The total compensation for directors and key management personnel for the six months ended September 30, 2025, was HKD 6,788,000, down from HKD 7,030,000 in 2024, a decrease of 3.44%[40]. - The company employed a total of 1,023 employees as of September 30, 2025, an increase from 1,006 employees as of March 31, 2025[69]. Strategic Focus and Challenges - The company continues to actively reinvest in technology innovation to drive future growth[9]. - The company recognizes ongoing challenges in the business environment due to geopolitical tensions and economic slowdowns, which may negatively impact revenue and cost structures[43]. - The company aims to focus resources on three high-growth product lines: cybersecurity, automation and AI, and managed services to enhance competitive advantages[44]. - The group is actively expanding its services in the Asia-Pacific region to meet the growing demand for IT infrastructure management services[47]. - The group is focusing on developing generative AI solutions to meet the urgent needs for business automation and cost reduction[48]. Governance and Compliance - The board has adopted a code of conduct for securities trading, ensuring compliance with GEM listing rules[88]. - The company emphasizes good corporate governance practices and has adopted the corporate governance code as per GEM listing rules[89]. - The audit committee has reviewed the unaudited consolidated financial statements and confirmed compliance with applicable accounting standards and GEM listing rules[91].

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，並明確表示概不就因本公佈全部或任何部份內 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。 STEED ORIENTAL (HOLDINGS) COMPANY LIMITED 駿 東（控股 ）有限公 司 （於開曼群島註冊成立之成員有限公司） （股份代號：8277） 截至2025年9月30日止六個月之中期業績公佈 香港聯合交易所有限公司（「聯交所」）GEM的特色 GEM的定位，乃為相比起其他在聯交所上市的公司帶有較高投資風險的公司提供一個 上市的市場。有意投資者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。GEM的較高風險及其他特色表示GEM較適合專業及其他資深投資 者。 由於GEM上市公司新興的性質使然，在GEM買賣的證券可能會較於聯交所主板買賣 的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。 本公佈乃遵照聯交所GEM證券上市規則（「GEM上市規則」）之規定提供有關駿東（控股） 有限公司（「本公司」）之資料。本公司董事（「董事」）願 ...

Financial Performance - For the six months ended September 30, 2025, the company reported a revenue of HKD 25,023,000, a decrease of 30.9% compared to HKD 36,237,000 for the same period in 2024[7] - The gross profit for the same period was HKD 2,413,000, compared to a gross loss of HKD 2,175,000 in the previous year, indicating a significant improvement[7] - The operating loss narrowed to HKD 1,970,000 from HKD 7,458,000 year-over-year, reflecting a reduction in operating expenses[7] - The basic loss per share improved to HKD 0.36 from HKD 1.35, showing a 73.3% reduction in loss per share[6] - The company reported a loss attributable to owners of HKD 1,997,000 for the six months ended September 30, 2025, compared to a loss of HKD 7,458,000 for the same period in 2024[23] - The group reported a loss attributable to owners of approximately HKD 2.0 million for the six months ended September 30, 2025, compared to a loss of about HKD 7.5 million for the same period in 2024[41] Cash Flow and Liquidity - Cash and cash equivalents decreased to HKD 1,557,000 from HKD 11,516,000 at the end of the previous reporting period, indicating a cash outflow[11] - The company reported a net cash outflow from operating activities of HKD 9,959,000, compared to HKD 8,860,000 in the previous year, highlighting ongoing cash management challenges[11] - The current ratio as of September 30, 2025, was approximately 11.78, down from 14.60 as of March 31, 2025[43] - The group had cash and bank balances totaling approximately HKD 1.6 million as of September 30, 2025, compared to HKD 11.5 million as of March 31, 2025[43] Inventory and Receivables - Inventory levels increased significantly to HKD 59,900,000 from HKD 31,467,000, suggesting potential overstocking or changes in sales strategy[8] - Trade receivables decreased to HKD 6,192,000 from HKD 7,939,000, indicating improved collection efforts[8] - Trade receivables as of September 30, 2025, totaled HKD 6,192,000, down from HKD 7,939,000 as of March 31, 2025[24] - Trade payables as of September 30, 2025, were HKD 3,321,000, a decrease from HKD 3,874,000 as of March 31, 2025[25] Expenses and Cost Management - Total employee costs amounted to HKD 2,427,000, a decrease of 18.9% from HKD 2,991,000 in the previous year[21] - Promotional, sales, and distribution expenses decreased by approximately 33.1% to about HKD 2.3 million for the six months ended September 30, 2025, compared to HKD 3.4 million for the same period in 2024[37] - Administrative expenses decreased by approximately 38.5% to about HKD 1.9 million for the six months ended September 30, 2025, from HKD 3.1 million for the same period in 2024[37] Dividend and Shareholder Information - The company did not declare an interim dividend for the six months ended September 30, 2025, reflecting a cautious approach to cash distribution[5] - The company did not declare an interim dividend for the six months ended September 30, 2025, consistent with the previous year[22] - As of September 30, 2025, Mr. Zhang Jun Tao holds 298,092,515 shares, representing 53.77% of the company's equity[48] - Ms. Lian Shuxuan, as the spouse of Mr. Zhang, holds 1,856,667 shares, contributing to a total of 299,949,182 shares or 54.10% when combined with Mr. Zhang's holdings[49] - Zheng Huanming holds 48,000,000 shares, representing 8.66% of the company's equity[50] - Zhang Guozhong holds 44,600,000 shares, representing 8.05% of the company's equity[50] - Zhang Guangyuan holds 47,714,040 shares, representing 8.61% of the company's equity[50] - The company has a stock option plan with 33,260,000 options available for issuance, equivalent to 6.0% of the total issued shares[52] - No shares were bought, sold, or redeemed by the company or its subsidiaries in the six months ending September 30, 2025[53] Market and Operational Insights - The company’s primary market remains Hong Kong, with all revenue generated from this region[17] - The group remains confident in its position as a major retailer of quality wines in Hong Kong, despite ongoing challenges in the retail market[33] Audit and Compliance - The Audit Committee is responsible for reviewing the group's financial systems, accounting policies, financial condition, and financial reporting procedures[64] - The Audit Committee consists of three independent non-executive directors: Mr. Hsiao Cheng-te, Mr. Yu Chi-hua, and Ms. Li Bo[64] - The interim financial information for the six months ending September 30, 2025, has not been audited by the company's auditor[64] - The interim results announcement will be published on the company's website and the Hong Kong Stock Exchange website[65] - The interim report for 2025 is expected to be sent to shareholders around November 28, 2025[65] Risk Management - The company maintains a prudent treasury policy to mitigate credit risk through continuous credit assessments of clients[61] - The company does not have any significant foreign exchange risks as most sales and monetary assets are denominated in Hong Kong dollars[62] - The group has no significant lease or capital commitments as of September 30, 2025[44] - The company has not made any significant investments or capital asset plans as of September 30, 2025[60]

Financial Performance - The group's revenue for the six months ended September 30, 2025, was approximately HKD 24,700,000, an increase from HKD 20,300,000 for the same period in 2024, representing a growth of about 21.8%[4] - The loss attributable to the owners of the company for the six months ended September 30, 2025, was approximately HKD 500,000, significantly reduced from a loss of HKD 11,400,000 for the same period in 2024[4] - Gross profit for the six months ended September 30, 2025, was HKD 12,845,000, compared to HKD 9,901,000 for the same period in 2024, indicating a gross margin improvement[5] - Operating loss for the six months ended September 30, 2025, was HKD 426,000, a significant improvement from an operating loss of HKD 11,585,000 in the prior year[5] - The basic and diluted loss per share for the six months ended September 30, 2025, was HKD 1.48, compared to HKD 2.20 for the same period in 2024, showing a reduction in loss per share[6] - The net loss before tax for the six months ended September 30, 2025, was HKD 557,000, a substantial improvement compared to a net loss of HKD 11,679,000 for the same period in 2024[20] Dividend and Shareholder Information - The board of directors does not recommend the payment of an interim dividend for the six months ended September 30, 2025, consistent with the previous year where no dividend was declared[4] - The company did not recommend the payment of an interim dividend for the six months ended September 30, 2025[23] - As of September 30, 2025, major shareholders hold approximately 3,952,500 shares, representing 12.70% of the company's issued share capital[57] Assets and Liabilities - Total assets as of September 30, 2025, were HKD 33,713,000, an increase from HKD 28,989,000 as of March 31, 2025[7] - Current liabilities increased to HKD 17,198,000 as of September 30, 2025, compared to HKD 11,290,000 as of March 31, 2025, reflecting a rise in trade payables and contract liabilities[8] - The company's net assets as of September 30, 2025, were HKD 28,178,000, slightly down from HKD 28,735,000 as of March 31, 2025[8] - As of September 30, 2025, the net amount of loans and advances to customers was HKD 18,208,000, down from HKD 23,447,000 as of March 31, 2025[28] - The company reported a decrease in the provision for impairment of loans and advances to customers, from HKD 89,572,000 as of March 31, 2025, to HKD 80,798,000 as of September 30, 2025[28] Cash Flow and Liquidity - Cash and cash equivalents as of September 30, 2025, were HKD 10,343,000, up from HKD 3,964,000 as of March 31, 2025, indicating improved liquidity[8] - The net cash generated from operating activities for the six months ended September 30, 2025, was HKD 10,506,000, compared to HKD 1,393,000 for the same period in 2024, representing a significant increase[10] - The company reported a total cash and cash equivalents balance of HKD 10,343,000 at the end of the period, up from HKD 5,655,000 at the end of the previous year, reflecting a growth of 83.5%[10] - As of September 30, 2025, the group's cash and cash equivalents were approximately HKD 10,300,000, up from HKD 4,000,000 as of March 31, 2025[50] Revenue Segmentation - Total revenue from customer contracts for the six months ended September 30, 2025, was HKD 24,691,000, up from HKD 20,323,000 in 2024, indicating a growth of approximately 21.7%[15] - The retail and wholesale business segment generated revenue of HKD 20,246,000 for the six months ended September 30, 2025, compared to HKD 13,351,000 in 2024, marking an increase of 51.7%[17] - The lending business generated revenue of approximately HKD 4,400,000 during the six-month period, with expectations for sustainable income in the future[45] - The retail segment's revenue was approximately HKD 20,200,000 for the six months ended September 30, 2025, compared to HKD 13,400,000 in the same period last year, reflecting an increase of about 52%[47] Expenses and Costs - The company incurred employee benefit expenses of HKD 7,570,000 for the six months ended September 30, 2025, compared to HKD 6,855,000 in 2024, which is an increase of 10.4%[20] - The total financing costs for the six months ended September 30, 2025, were HKD 131,000, compared to HKD 94,000 in 2024, indicating an increase of 39.4%[20] Corporate Governance - The company has established an audit committee responsible for reviewing the annual report and financial statements, ensuring compliance with applicable accounting standards[61] - The audit committee has reviewed the unaudited consolidated results for the six-month period, confirming that the results were prepared in accordance with applicable accounting standards[62] - The company has complied with the corporate governance code as per GEM Listing Rules during the six-month period[60] - The remuneration committee is responsible for reviewing and setting the remuneration policies for directors and senior management based on the group's performance[63] - The nomination committee has been established to review and provide recommendations on any proposed changes to the board[64] - The company has adopted trading standards as per GEM Listing Rules, ensuring compliance by all directors during the six-month period[65] - The board of directors includes both executive and independent non-executive members, ensuring a balanced governance structure[66] Business Strategy and Operations - The group plans to continue improving its existing business and explore new investments to broaden its business scope and maximize shareholder returns[48] - The group operates several retail stores and focuses on offering a diverse range of products, including health products and ready-to-eat meals[46] - The group has obtained distribution and sales rights for health supplement products from FromBio Co. Limited, a global healthcare company established in 2006 in South Korea[42] - The group has not engaged in any significant investments, acquisitions, or disposals of subsidiaries, associates, or joint ventures during the reporting period[53] - During the six-month period, the group did not purchase, sell, or redeem any listed securities[58] - The company has not granted any share options under the share option scheme as of September 30, 2025[31] - There were no guarantees provided to third parties as of September 30, 2025[32]