Financial Performance - AEON Stores (Hong Kong) reported revenue of HKD 3,405,213, a decrease of 24.7% compared to HKD 4,521,844 in the same period last year[2]. - The company recorded a loss before tax of HKD 173,440, compared to a loss of HKD 75,520 in the previous year, representing an increase in losses of 129.0%[2]. - The net loss for the period was HKD 174,188, compared to a loss of HKD 76,553 in the prior year, indicating a year-over-year increase of 128.0%[3]. - Total comprehensive loss for the period amounted to HKD 182,097, significantly higher than HKD 75,651 in the same period last year, reflecting an increase of 140.5%[3]. - The loss attributable to equity holders of the parent was HKD 367,938, compared to HKD 197,738 in the previous year, indicating a significant increase in losses[4]. - The basic and diluted loss per share was HKD 65.84, compared to HKD 30.07 in the same period last year, reflecting a deterioration in performance[2]. - The group reported a pre-tax loss of HKD 173,440 for the six months ending June 30, 2024, compared to a pre-tax loss of HKD 75,520 for the same period in 2023[12]. - The group recorded a loss attributable to equity holders of HKD 171.176 million for the first half of 2024, compared to a loss of HKD 78.194 million for the same period in 2023[17]. - Loss attributable to shareholders increased to HKD 171.1 million in the first half of 2024, up from a loss of HKD 78.2 million in 2023, representing an increase of HKD 92.9 million[27]. Revenue Breakdown - For the six months ending June 30, 2024, total revenue from direct sales and franchise sales in Hong Kong was HKD 1,897,425, while in Mainland China it was HKD 2,154,708, totaling HKD 4,052,133[10]. - The revenue for the same period in 2023 was HKD 2,102,228 in Hong Kong and HKD 2,419,616 in Mainland China, totaling HKD 4,521,844, indicating a decrease of approximately 10.4% year-over-year[12]. - The company's revenue from Hong Kong operations decreased by 9.74% to HKD 1,897.4 million for the first half of 2024, compared to HKD 2,102.2 million in the same period of 2023[22]. - Revenue from mainland China operations decreased by 10.95% to HKD 2,154.7 million in the first half of 2024, compared to HKD 2,419.6 million in 2023[23]. - Revenue for the first half of 2024 decreased by 10.4% to HKD 4,052.1 million compared to HKD 4,521.8 million in 2023[27]. Assets and Liabilities - Non-current assets as of June 30, 2024, totaled HKD 4,122,756, a decrease from HKD 4,840,399 as of December 31, 2023[4]. - Current assets increased to HKD 3,779,755 from HKD 3,213,060, showing a growth of 17.6%[4]. - Current liabilities were reported at HKD 2,981,644, a slight decrease from HKD 3,049,656 in the previous period[4]. - The group’s current liabilities exceeded current assets by HKD 1,024,711,000 as of June 30, 2024, raising concerns about liquidity[5]. - The current liabilities exceeded current assets by HKD 1,024.7 million as of June 30, 2024, compared to HKD 683.7 million as of December 31, 2023[28]. - The total lease liabilities as of June 30, 2024, were HKD 3,664.7 million, an increase from HKD 3,208.8 million as of December 31, 2023[28]. Operational Highlights - The group continues to expand its store network, opening its fourth "KOMEDA'S Coffee" in Tsuen Wan and a new Japanese restaurant in July 2024[21]. - E-commerce sales significantly increased, with revenue from the AEON App nearly tripling compared to the same period last year[22]. - The group has implemented various operational improvements, including the introduction of self-service checkouts and electronic shelf labels, enhancing operational efficiency[22]. - The company plans to open 2 new AEON supermarkets in the Greater Bay Area in the second half of 2024[25]. - Capital expenditure for the second half of 2024 is projected to be approximately HKD 95.7 million for new store openings, renovations, and IT system upgrades[26]. - The company will continue to enhance its digital transformation to improve e-commerce growth and operational management[24]. - The company plans to optimize its store operations and enhance its private label sales to improve overall gross margin[24]. Income and Dividends - Rental income from investment properties for the six months ending June 30, 2024, was HKD 158,390, compared to HKD 164,720 for the same period in 2023[13]. - The total other income for the six months ending June 30, 2024, was HKD 235,046, compared to HKD 218,741 for the same period in 2023[13]. - The company did not declare an interim dividend for the six months ended June 30, 2024, compared to a dividend of HKD 0.02 per share totaling HKD 5.2 million for the same period in 2023[16]. - The company will not declare an interim dividend for the first half of 2024, compared to HKD 0.02 per share in 2023[27]. Governance and Compliance - The group has adopted several amendments to Hong Kong Financial Reporting Standards effective from January 1, 2024, which did not have a significant impact on the financial statements[7]. - The board of directors confirmed compliance with the corporate governance code during the six-month period[34]. - The interim report for the six months ended June 30, 2024, will be published on the stock exchange and the company's website[35].
永旺(00984) - 2024 - 中期业绩