Financial Performance - The profit before tax for the six months ended June 30, 2021, was HK$8,719,000, a recovery from a loss of HK$25,745,000 in the same period last year [29]. - Earnings per share for the period were HK$3.42 cents, compared to a loss of HK$13.44 cents per share in the previous year [36]. - The total comprehensive income attributable to equity holders of the company for the period was HK$8,719,000, a turnaround from the previous year's loss [34]. - The accumulated loss for the period was HK$1,006,381,000, with a profit of HK$8,719,000 recorded for the six months ended June 30, 2021 [44]. - The Group recorded a net profit of approximately HK$8.7 million for the six months ended June 30, 2021, compared to a net loss of approximately HK$25.7 million in the same period last year [149]. - Basic and diluted earnings per share for the Period were HK3.42 cents and HK3.37 cents, respectively, compared to losses per share of HK13.44 cents for the same period in 2020 [149]. Revenue and Income - Revenue for the period was HK$110,000, up from HK$72,000 in the previous year, reflecting a growth in business activity [21]. - The Group's revenue for the six months ended 30 June 2021 includes dividend income of HK$110,000 and government grants of HK$72,000 [69]. - The Group achieved a net gain on listed securities of approximately HK$14.5 million, which included a realised gain of approximately HK$2.8 million and an unrealised gain of approximately HK$11.7 million [162]. - The realised gain on disposal of listed securities of approximately HK$2.8 million was primarily from the sale of shares in Aeso Holdings Limited, amounting to approximately HK$2.4 million [162]. Asset Management - As of June 30, 2021, total net assets increased to HK$248,411,000, up from HK$229,493,000 as of December 31, 2020, representing an increase of approximately 8.0% [39]. - The company reported a net current asset value of HK$166,819,000, compared to HK$128,901,000 at the end of 2020, reflecting a growth of about 29.5% [39]. - The Group's cash and bank balances were approximately HK$13.5 million as of June 30, 2021, compared to approximately HK$0.7 million as of December 31, 2020 [194]. - The consolidated net asset value per share as of June 30, 2021, was HK$0.901, up from HK$1.027 as of December 31, 2020, with total net assets of approximately HK$248.4 million [197]. - The Group's gearing ratio was 0.1% as of June 30, 2021, down from 0.3% as of December 31, 2020, indicating a stronger financial position [197]. Investment Strategy - The company is focused on enhancing its investment strategies and exploring new market opportunities to drive future growth [19]. - The Group operates in a single business segment focused on investments in listed and unlisted securities, with no requirement for further segment reporting [72]. - The Board will maintain a diversified investment portfolio covering various sectors, including finance, consumer goods, and media [156]. - The Group's focus remains on listed equity investments in Hong Kong, with a cautious approach to identifying investment opportunities for medium- to long-term capital appreciation [151]. Share Capital and Options - The company issued new shares under placing, raising a total of HK$5,677,000 during the period [44]. - Share capital increased to HK$275,000 as of June 30, 2021, from HK$223,000 at the beginning of the year, reflecting a growth of approximately 23.3% [42]. - The total number of outstanding share options increased to 33,410,000 from 22,320,000 at the beginning of the period [131]. - During the period, 22,250,000 share options were granted, while 7,440,000 were exercised and 3,720,000 lapsed [131]. - The total expense of approximately HK$3,194,000 for share options granted during the six months ended 30 June 2021, compared to HK$1,456,000 for the same period in 2020, representing a significant increase [135]. Compliance and Governance - The audit committee has reviewed the unaudited financial statements, ensuring compliance and accuracy in reporting [19]. - The accounting policies used in the preparation of the interim financial statements are consistent with those from the previous year, ensuring comparability [68]. - The Group has adopted all new and revised HKFRSs relevant to its operations effective from 1 January 2021, with no significant changes to accounting policies [68]. Market Conditions - The Dow Jones Industrial Average Index increased from 30,606 points on December 31, 2020, to 34,502 points on June 30, 2021, reflecting a significant recovery in the U.S. stock market [182]. - The European economy's near-term outlook improved, with a marginal contraction of GDP in Q1 2021, leading to a rebound in consumption and tourism activity [187]. - The Board noted that the global economic recovery is on the right track, despite potential impacts from the Delta variant of COVID-19 and unstable U.S.-China relations [189].
港湾数字(00913) - 2021 - 中期财报