Financial Performance - Revenue for the six months ended June 30, 2024, was HKD 378,094,000, a decrease of 9.1% compared to HKD 415,837,000 in the same period of 2023[4] - Gross profit for the period was HKD 139,534,000, down 15.4% from HKD 164,844,000 year-on-year[4] - Operating profit decreased to HKD 42,369,000, representing a decline of 19.8% from HKD 52,879,000 in the previous year[4] - Net profit for the period was HKD 38,510,000, a decrease of 24.0% compared to HKD 50,725,000 in the same period last year[4] - Basic earnings per share were 10.1 cents, down from 13.0 cents in the previous year, reflecting a decline of 22.2%[4] - Total comprehensive income for the period was HKD 37,799,000, down 17.9% from HKD 46,031,000 in the same period of 2023[6] - The company reported a consolidated profit before tax of HKD 42,138,000 for the six months ended June 30, 2024, down from HKD 52,647,000 in 2023, a decline of 20.0%[19] - The group's consolidated profit for the first half of 2024 was HKD 38.5 million, a decrease of 23.9% compared to HKD 50.7 million in 2023[38] - Consolidated revenue for the group was HKD 378 million, down 9.1% year-on-year, with a gross profit of HKD 140 million, reflecting a 15.4% decline and a gross margin of 36.9%[38] Assets and Liabilities - Non-current assets as of June 30, 2024, were HKD 483,017,000, slightly down from HKD 483,033,000 at the end of 2023[8] - Current assets increased to HKD 344,126,000 from HKD 324,523,000, showing a growth of 6.0%[8] - Total liabilities decreased to HKD 40,664,000 from HKD 30,772,000, indicating an increase in non-current liabilities[9] - The company's equity attributable to shareholders increased to HKD 714,638,000 from HKD 696,572,000, reflecting a growth of 2.1%[9] - Total assets net worth remained at HKD 692 million as of June 30, 2024, compared to HKD 673 million at the end of 2023[38] - Total reported segment assets increased to HKD 1,097,194,000 as of June 30, 2024, compared to HKD 1,077,749,000 in 2023, reflecting a growth of 1.8%[20] - Total reported segment liabilities remained relatively stable at HKD 432,908,000 in 2024, slightly up from HKD 432,628,000 in 2023[20] Revenue Sources - Hong Kong external customer revenue for the six months ended June 30, 2024, was HKD 118,620,000, a decrease of 6.0% from HKD 127,143,000 in 2023[23] - Mainland China external customer revenue for the same period was HKD 30,902,000, down 1.9% from HKD 31,523,000 in 2023[23] - Total external customer revenue decreased to HKD 378,094,000 in 2024 from HKD 415,837,000 in 2023, representing a decline of 9.1%[19] Dividends and Share Activity - The company did not declare any dividends for the six months ended June 30, 2024, consistent with the previous year[28] - The group did not declare any dividends for the six months ending June 30, 2024[39] - The group has not engaged in any purchases, sales, or redemptions of its listed shares during the six months ending June 30, 2024[47] Market and Operational Insights - The domestic sales volume of the group's Guangdong operations grew slightly by 3% in the first half of 2024, while export volume decreased by 12%[43] - The Hong Kong beer market contracted by 3.2%, with the group's local sales volume decreasing by 6% compared to the same period in 2023[40] - The group launched new promotional activities for its products, including the "Sapporo Strong Hong Kong Flavor" campaign and various promotional events in retail outlets[41][42] - The group anticipates continued economic growth in Hong Kong and South China, while acknowledging potential challenges from a tightening financial environment and geopolitical tensions[46] Interest Income - Interest income from bank deposits increased to HKD 3,579,000 in 2024 from HKD 1,248,000 in 2023, a significant rise of 187.5%[19]
香港生力啤(00236) - 2024 - 中期业绩