Financial Performance - The company reported a revenue of HKD 168,244,000 for the six months ended September 30, 2023, a decrease of 3.7% compared to HKD 174,870,000 in the same period last year[3]. - The pre-tax profit was HKD 102,614,000, representing an increase of 19.6% from HKD 85,754,000 in the previous year[5]. - The net profit for the period was HKD 85,957,000, up 19.8% from HKD 71,731,000 year-on-year[5]. - Basic and diluted earnings per share increased to HKD 3.4 from HKD 2.9, reflecting a growth of 17.2%[5]. - Total revenue for the six months ended September 30, 2023, was HKD 168,244,000, compared to HKD 150,000,000 for the same period in 2022, representing an increase of 12.83%[43]. - The pre-tax profit for the group was HKD 102,614,000 for the six months ended September 30, 2023, compared to HKD 87,114,000 for the same period in 2022, reflecting a growth of 17.73%[43]. - The company’s profit attributable to equity holders for the period was approximately HKD 86,000,000, an increase from HKD 71,700,000 in the previous year, primarily due to gains from the sale of properties and a decrease in impairment losses on receivables[57]. - Revenue for the period was approximately HKD 168,200,000, a decrease of 3.8% compared to HKD 174,900,000 in the previous fiscal period[79]. Assets and Liabilities - Total assets as of September 30, 2023, were HKD 4,629,868,000, slightly down from HKD 4,645,512,000 at the end of March 2023[7]. - The total assets of the group as of September 30, 2023, were HKD 4,682,743,000, compared to HKD 4,702,241,000 as of March 31, 2023, showing a slight decrease[45][46]. - The total liabilities of the group as of September 30, 2023, were HKD 333,838,000, compared to HKD 364,319,000 as of March 31, 2023, indicating a reduction in liabilities[45][46]. - The company’s non-current assets decreased to HKD 52,875,000 from HKD 56,729,000, indicating a decline of 6.7%[7]. - The company’s cash and cash equivalents in customer accounts were HKD 293,159,000, down from HKD 318,857,000[7]. - As of September 30, 2023, the group's net current assets were HKD 4,296,200,000, compared to HKD 4,281,300,000 as of March 31, 2023[65]. - The liquidity ratio (current assets/current liabilities) was 13.87 times as of September 30, 2023, up from 12.76 times as of March 31, 2023[65]. - The bank balance and cash on hand reached HKD 2,399,100,000, an increase from HKD 2,235,000,000 as of March 31, 2023, primarily due to cash inflows from receivables[65]. - The company’s total equity increased to HKD 4,348,905,000 from HKD 4,337,922,000, showing a slight growth[9]. - Total equity attributable to owners increased by approximately HKD 11 million or 0.3% to HKD 4,348.9 million as of September 30, 2023[86]. Dividends - The company maintained a dividend of HKD 150,000,000, unchanged from the previous year[5]. - The company declared an interim dividend of HKD 0.03 per share, consistent with the previous year, amounting to HKD 75,000,000[29]. - The company declared a final dividend of HKD 0.03 per share, which was paid to shareholders on September 7, 2023[49]. Segment Performance - The brokerage segment generated revenue of HKD 66,125,000, while the financing segment contributed HKD 100,617,000, indicating strong performance in both areas[43]. - The company’s performance in the asset management segment generated revenue of HKD 297,000, reflecting a stable contribution to overall earnings[43]. - The group’s financing segment achieved a profit of HKD 54,711,000, demonstrating effective management and growth in this area[43]. - Brokerage business recorded a profit of approximately HKD 40.7 million, a 682.7% increase from a loss of HKD 5.2 million in 2022[82]. - Brokerage segment revenue increased by 174.3% to approximately HKD 66.1 million, driven by interest income from time deposits[82]. - Interest income from securities margin financing decreased by 32.5% to approximately HKD 100.6 million, down from HKD 149 million in 2022[83]. - The investment segment recorded a loss of approximately HKD 1.1 million due to a decrease in the fair value of the investment portfolio, which had a total fair value of approximately HKD 17.4 million[84]. - The group conducted 4 financial advisory projects during the period, up from 3 in 2022, generating a profit of approximately HKD 1.2 million[83]. Impairment and Expenses - The company reported a net impairment loss on receivables of HKD 45,905,000, down from HKD 56,544,000, a decrease of 18.9%[3]. - The net impairment loss on receivables for the period was HKD 45,900,000, down from HKD 56,500,000 in the previous year[57]. - Total employee compensation costs for the period were HKD 10.1 million, down from HKD 11.3 million in 2022[89]. - The group reported a net loss of HKD 1,265,000 in corporate expenses for the six months ended September 30, 2023[43]. Business Strategy - The group aims to expand its business scope and scale, maintaining a cautious and balanced risk management approach[85]. - The average level of securities margin lending decreased, impacting overall income from this segment[83]. - The average daily turnover of the main board and GEM during the six months ended September 30, 2023, was approximately HKD 100.6 billion, a decrease of 11.3% from approximately HKD 113.4 billion in the previous fiscal period[60]. - As of September 30, 2023, the group had no bank borrowings, maintaining a capital debt ratio of zero[65]. - The company had no significant acquisitions or disposals of subsidiaries, associates, or joint ventures during the period[68].
结好金融(01469) - 2024 - 中期业绩