Financial Performance - The total revenue for the six months ended June 30, 2024, was approximately HKD 42,768,000, representing an increase of about 12.3% compared to HKD 38,097,000 for the same period in 2023[2]. - The profit attributable to the owners of the company for the six months ended June 30, 2024, was HKD 2,825,000, a decrease of approximately 32.1% from HKD 4,158,000 in the same period of 2023[3]. - The earnings per share for the six months ended June 30, 2024, was approximately HKD 0.96, down from HKD 1.49 for the same period in 2023[3]. - The group reported operating profit of HKD 3,014,000 for the six months ended June 30, 2024, compared to HKD 4,435,000 for the same period in 2023[3]. - Total comprehensive income for the period was HKD 2,825,000, consistent with the profit attributable to the owners of the company[3]. - The net cash generated from operating activities for the six months ended June 30, 2024, was HKD 8,278,000, compared to HKD 5,992,000 for the same period in 2023, representing an increase of approximately 38%[7]. - The net cash used in investing activities for the six months ended June 30, 2024, was HKD (23,259,000), significantly higher than HKD (8,800,000) in 2023, indicating increased investment activities[7]. - The pre-tax profit for the six months ended June 30, 2024, was HKD 3,002,000, down 31.8% from HKD 4,405,000 in the same period of 2023[12]. - The company reported a profit attributable to owners of approximately HKD 2,800,000 for the six months ending June 30, 2024, down from HKD 4,200,000 in the same period of 2023, primarily due to increased expected credit loss provisions[41]. Assets and Liabilities - Non-current assets as of June 30, 2024, amounted to HKD 2,843,000, a decrease from HKD 2,883,000 as of December 31, 2023[4]. - Current assets totaled HKD 50,841,000 as of June 30, 2024, compared to HKD 49,749,000 as of December 31, 2023[4]. - The net current assets were HKD 40,640,000 as of June 30, 2024, an increase from HKD 37,387,000 as of December 31, 2023[4]. - The total equity attributable to the owners of the company was HKD 45,710,000 as of June 30, 2024, up from HKD 42,885,000 as of December 31, 2023[5]. - The total liabilities as of June 30, 2024, were HKD 6,501,000, compared to HKD 7,113,000 as of June 30, 2023, showing a decrease in liabilities[11]. - The total assets as of June 30, 2024, amounted to HKD 45,710,000, down from HKD 89,851,000 as of December 31, 2022, reflecting a significant reduction in asset base[6]. - The company paid an interim dividend of HKD (4,200,000) during the period, impacting retained earnings[6]. Employee and Operational Expenses - The group incurred employee benefit expenses of HKD 35,360,000 for the six months ended June 30, 2024, compared to HKD 32,805,000 for the same period in 2023[3]. - The total employee benefits expenses, including director remuneration, increased to HKD 35,725,000 from HKD 33,158,000, reflecting a rise of approximately 7.7%[13]. - The total depreciation and amortization expenses decreased to HKD 839,000 from HKD 1,229,000, representing a reduction of approximately 31.9%[12]. - The company incurred research and development costs of HKD 468,000, down from HKD 788,000, representing a decrease of approximately 40.6%[12]. Revenue Segmentation - For the six months ended June 30, 2024, the reported segment performance was HKD 10,337,000, an increase of 20% compared to HKD 8,611,000 for the same period in 2023[12]. - The revenue from outsourced inbound customer contact services for the six months ended June 30, 2024, was approximately HKD 8,400,000, representing an increase of about 28% compared to approximately HKD 6,600,000 in 2023[34]. - The personnel dispatch service segment recorded revenue of approximately HKD 26,800,000 for the six months ending June 30, 2024, representing an increase of about 13.4% compared to HKD 23,600,000 in the same period of 2023[35]. - The customer contact service center equipment management service generated revenue of approximately HKD 3,000,000, a decrease of about 33.7% from HKD 5,000,000 in the same period of 2023[36]. - Financial services revenue was approximately HKD 10,000,000, down from HKD 1,200,000 in the same period of 2023, with a significant drop attributed to the sale of securities and asset management consulting services[37]. - The "Other" segment, primarily related to the Weisi customer contact center system, recorded revenue of approximately HKD 4,300,000, up from HKD 1,800,000 in the same period of 2023[38]. Corporate Governance and Compliance - The company adhered to all corporate governance codes as per GEM listing rules during the reporting period[42]. - The audit committee reviewed the group's unaudited interim results for the six months ended June 30, 2024, confirming compliance with Hong Kong accounting principles and sufficient disclosure[55]. - There are no reported conflicts of interest among directors or major shareholders in competing businesses as of June 30, 2024[50]. - The company has established a non-competition agreement to prevent its covenant parties from engaging in competing businesses during its validity period[48]. Future Outlook and Strategy - The management remains cautiously optimistic about future growth in the local business environment, anticipating increased demand from existing and new customers[29]. - The company is focusing on the development of system solutions and integrating artificial intelligence technology into its Marvel customer contact center system[28]. - The company continues to evaluate the impact of new accounting standards on its performance and financial position, which may affect future reporting[9].
易通讯集团(08031) - 2024 - 中期业绩