Financial Performance - For the six months ended June 30, 2021, the revenue was approximately HKD 178,779,000, a decrease of about HKD 117,000 compared to the same period in 2020[6]. - The profit attributable to the company's owners for the six months ended June 30, 2021, was approximately HKD 4,313,000, a turnaround from a loss of HKD 12,274,000 in the same period of 2020[6]. - The operating profit for the same period was HKD 5,969,000, a significant improvement from an operating loss of HKD 15,635,000 in the previous year[103]. - The company reported total revenue of HKD 178,779,000, a slight decrease of 0.07% compared to HKD 178,896,000 in the same period of 2020[103]. - The company reported a loss of HKD 12,274,000 for the period, which reflects ongoing challenges in the market[115]. - The reported segment profit for the six months ended June 30, 2021, was HKD 11,048, down 51.2% from HKD 22,614 in the previous year[179]. Revenue Breakdown - Service revenue from the CRM business was approximately HKD 123,295,000, an increase of about 5% compared to HKD 117,301,000 in the previous year[10]. - The IM business generated revenue of approximately HKD 34,202,000, down from HKD 48,948,000 in the same period of 2020[10]. - Revenue from telecommunications industry clients increased by approximately 5% compared to the same period last year[19]. - Revenue from non-telecom industry clients increased by approximately 17% compared to the same period last year[20]. - Total revenue for the IM business was HKD 34,202 million, while the CRMS business generated HKD 123,295 million in revenue for the six months ended June 30, 2021[173]. Expenses and Costs - Total expenses decreased from approximately HKD 200,394,000 in the previous year to about HKD 176,663,000 in 2021[14]. - The total employee compensation paid by the group for the six months ended June 30, 2021, was approximately HKD 125,612,000, compared to HKD 109,822,000 for the same period last year[60]. - The company’s financial costs for the period were HKD 3,269,000, compared to HKD 3,006,000 in the previous year[103]. - The company incurred depreciation and amortization expenses totaling HKD 11,062 million during the reporting period[173]. Assets and Liabilities - The company reported total assets of HKD 1,269,460,000 as of June 30, 2021, an increase from HKD 1,258,594,000 at the end of 2020[111]. - The company’s total liabilities decreased to HKD 2,504,560,000 as of June 30, 2021, compared to HKD 2,472,060,000 at the end of the previous year[115]. - The company’s total equity attributable to the company's owners was HKD 838,736,000, up from HKD 829,782,000 at the end of 2020[111]. Cash Flow - The group recorded a cash flow increase of approximately HKD 7,360,000 for the six months ended June 30, 2021[46]. - The company reported a net cash flow from operating activities of HKD 40,690,000 for the six months ended June 30, 2021, compared to HKD 12,371,000 for the same period in 2020, representing an increase of 229%[117]. - The company incurred a net cash outflow from investing activities of HKD 29,756,000, a significant improvement from HKD 126,057,000 in the prior year[117]. Shareholder Information - The board proposed to issue up to 330,700,000 new shares under a share incentive plan, which was approved by shareholders on August 27, 2021[40]. - The company did not recommend any interim dividend for the six months ended June 30, 2021, consistent with the previous year[64]. - Zhao Linghuan holds 7,802,539,321 shares, representing approximately 68.76% of the company's equity[65]. Employee and Governance - The company emphasizes that employees are its most valuable asset and provides various employee benefits[65]. - The company has adopted a code of conduct that meets or exceeds the standards set out in the listing rules, ensuring compliance by all directors[93]. - The company has complied with all provisions of the corporate governance code as of June 30, 2021[98]. Investment and Strategy - The company plans to increase fundraising and marketing efforts while seeking additional investment opportunities in SDI to enhance shareholder returns[18]. - The group continues to pursue investment strategies that diversify its portfolio to mitigate market risks while generating returns[38]. - The group aims to enhance market penetration in China and explore opportunities in the non-telecom market, anticipating new market opportunities from the 14th Five-Year Plan[28]. Financial Risks and Management - The group faces various financial risks, including market risk, credit risk, liquidity risk, and price risk, which are consistent with those reported in the previous fiscal year[130]. - The group has not made any changes to its risk management policies since the end of the last fiscal year[131].
金涌投资(01328) - 2021 - 中期财报