Financial Performance - For the six months ended September 30, 2021, the revenue was HK$70,582,000, an increase of 13.0% compared to HK$61,990,000 for the same period in 2020[12]. - Profit for the period was HK$47,211,000, representing a 20.3% increase from HK$39,219,000 in the previous year[12]. - Basic and diluted earnings per share increased to HK$1.76 from HK$1.46, reflecting a growth of 20.5%[12]. - Total comprehensive income attributable to owners of the Company was HK$48,268,000, compared to HK$40,634,000 in the prior year, marking a 18.5% increase[15]. - The profit before taxation for the period was HK$54,005,000, up from HK$45,229,000 in the previous year, representing a growth of 19.5%[71]. - The profit for the period increased to HK$47,211,000, compared to HK$39,219,000 in 2020, marking a rise of 20.8%[71]. - Profit attributable to owners of the Company for the period was approximately HK$47,234,000, up from HK$39,229,000 in 2020, representing a growth of 20.5%[125]. Revenue Breakdown - Commission and brokerage income from securities broking was HK$3,880,000, down 13.9% from HK$4,511,000 in the previous year[63]. - Rental income and interest income from margin clients totaled HK$62,462,000, up 14.1% from HK$54,599,000 in the prior year[63]. - The financing segment reported revenue of HK$47,857,000, a significant increase of 18.5% from HK$40,265,000 in 2020[71]. - Corporate finance revenue was HK$1,933,000, up from HK$740,000, reflecting a growth of 161.1%[71]. - Assets management revenue increased to HK$807,000 from HK$836,000, showing a slight decrease of 3.5%[71]. - Properties investment revenue remained stable at HK$14,623,000, compared to HK$14,432,000 in the previous year, indicating a growth of 1.3%[71]. - Precious metal trading reported a revenue of HK$206,000, up from HK$120,000, representing a growth of 71.7%[71]. Assets and Liabilities - The Group's non-current assets totaled HK$1,759,243,000 as of September 30, 2021, compared to HK$1,742,198,000 as of March 31, 2021[18]. - The total liabilities decreased to HK$553,700,000 from HK$812,488,000, indicating a reduction of approximately 32%[21]. - The Group's total liabilities as of September 30, 2021, were HK$250,391,000, compared to HK$278,906,000 as of March 31, 2021[112]. - The Group's borrowings as of September 30, 2021, included secured bank loans of HK$246,694,000, down from HK$258,629,000 as of March 31, 2021[190]. - The carrying amount of the Group's investment properties remained stable at approximately HK$1,394,100,000 as of both September 30, 2021, and March 31, 2021[198]. Cash Flow - Net cash generated from operating activities for the six months ended September 30, 2021, was HK$64,689,000, a decrease of 59.4% compared to HK$159,313,000 for the same period in 2020[24]. - The company reported a net cash used in investing activities of HK$36,000 for the six months ended September 30, 2021, compared to HK$14,000 in 2020[24]. - The cash and cash equivalents at the end of the period increased to HK$515,549,000 from HK$504,605,000, showing a growth of 2.0%[40]. - Cash at bank as of September 30, 2021, was HK$351,537,000, a decrease from HK$369,570,000 as of March 31, 2021[175]. - The Group's non-pledged short-term bank deposits amounted to HK$581,459,000 as of September 30, 2021, compared to HK$816,192,000 as of March 31, 2021[187]. Dividends - The interim dividend declared was nil, consistent with the previous year[12]. - The company paid dividends of HK$26,823,000, consistent with the previous period[35]. - The proposed dividend for the period was not applicable, as it was not declared[21]. Operational Segments - The Group is organized into seven reportable operating segments: broking, financing, corporate finance, assets management, properties investment, precious metal trading, and investment holding[65]. - The Group's financing segment includes securities margin financing and money lending, contributing significantly to overall revenue growth[66]. Taxation - Hong Kong profits tax provision for the period was HK$6,794,000, compared to HK$5,760,000 in 2020, reflecting an increase of 17.9%[129]. - The Group has unutilized tax losses of approximately HK$67,375,000 as of the reporting date, which can be carried forward indefinitely[131]. - The Group reported unutilised tax losses of approximately HK$67,375,000 as of 30th September 2021, a slight decrease from HK$69,284,000 as of 31st March 2021[133]. Strategic Outlook - The company has plans for market expansion and new product development to sustain growth in the upcoming periods[71].
美建集团(00335) - 2022 - 中期财报