Revenue Performance - Revenue for the six months ended September 30, 2024, was HKD 34,437,000, a slight decrease of 0.7% compared to HKD 34,677,000 for the same period in 2023[3]. - Alcoholic beverage sales decreased to HKD 9,701,000, down 23.5% from HKD 12,620,000 year-over-year[3]. - Loan financing services revenue increased to HKD 24,736,000, up 12.1% from HKD 22,057,000 in the previous year[3]. - Revenue from external customers in China increased to HKD 22,122,000, up 17.3% from HKD 18,808,000 in the previous year[25]. - Revenue from the wine business decreased by approximately 23.0% to about HKD 9,700,000, while the loan financing business revenue increased by approximately 11.8% to about HKD 24,700,000[75][78]. Financial Losses and Earnings - The company reported a net loss of HKD 5,298,000 for the period, compared to a profit of HKD 1,905,000 in the same period last year[4]. - Basic and diluted loss per share was HKD 1.10, compared to HKD 0.22 in the prior year[4]. - The company reported a net loss of HKD 6.885 million during the period, contributing to a total comprehensive loss of HKD 6.686 million[8]. - The group reported a loss of approximately HKD 5,300,000 for the period, a decline of about HKD 7,200,000 compared to a profit of HKD 1,900,000 in 2023[76]. - Other income decreased significantly from approximately HKD 12,900,000 in the six months ending September 30, 2023, to about HKD 2,100,000, primarily due to a reduction in foreign exchange gains of about HKD 9,500,000[92]. Assets and Liabilities - Non-current assets decreased to HKD 37,701,000 from HKD 51,596,000 as of March 31, 2024[5]. - Current assets increased to HKD 322,839,000 from HKD 299,212,000 as of March 31, 2024[5]. - Total liabilities decreased to HKD 187,271,000 from HKD 235,464,000[6]. - Total equity increased to HKD 172,846,000 from HKD 113,284,000 as of March 31, 2024[7]. - Total assets as of September 30, 2024, amounted to HKD 360,540,000, an increase from HKD 350,808,000 as of March 31, 2024[22]. Employee and Operational Costs - The total employee costs for the six months ended September 30, 2024, amounted to HKD 15,480,000, up from HKD 14,917,000 in 2023, reflecting an increase of approximately 3.8%[32]. - Short-term employee benefits for the six months ended September 30, 2024, amounted to HKD 3,132,000, compared to HKD 2,607,000 for the same period in 2023[65]. Share Capital and Options - The company has issued a total of 623,127,227 shares with a par value of HKD 0.01 as of September 30, 2024[61]. - The company has a share option plan established to incentivize and retain qualified personnel, with 18,100,000 options granted initially[66]. - The company granted 85,922,330 stock options to SRA Holdings at an exercise price of HKD 1.03 per share on December 5, 2023[70]. - The maximum number of stock options that can be granted under the revised plan as of August 9, 2022, is 62,312,722 shares, which is 10.0% of the total issued shares[69]. Corporate Governance and Compliance - The company is committed to high standards of corporate governance to protect shareholder interests and enhance corporate value, adhering to the GEM Listing Rules[111]. - The company has established an audit committee to review financial systems, accounting policies, and internal controls, consisting of four members with appropriate professional qualifications[113]. - The audit committee has reviewed the unaudited condensed consolidated financial statements for the period and agreed with the accounting principles and practices adopted by the company[113]. Future Outlook and Strategy - The group plans to actively seek investment opportunities in other areas to diversify its revenue sources amid a challenging global economic environment[104]. - The group has not established specific plans for significant investments or capital assets as of September 30, 2024[102].
麦迪森控股(08057) - 2025 - 中期业绩