世界华文媒体(00685) - 2025 - 中期业绩

Financial Performance - For the six months ended September 30, 2024, the company reported a revenue of $86,797 thousand, an increase of 11.8$77,482 thousand in the same period of 2023[2] - The gross profit for the same period was $21,871 thousand, up from$19,628 thousand, reflecting a growth of 11.4% year-over-year[2] - The net loss for the period was $2,330 thousand, an improvement from a net loss of$5,339 thousand in the prior year, indicating a reduction of 56.4%[2] - The company reported a basic loss per share of $0.12 for the six months ended September 30, 2024, compared to a loss of$0.29 in the same period of 2023[2] - The company reported a pre-tax loss of $1,531 thousand for the six months ending September 30, 2024, compared to a loss of$4,797 thousand for the same period in 2023, indicating an improvement in financial performance[21] - The group reported a loss before tax of $(1,858) thousand, which is a 63.8$(5,132) thousand in the previous year[57] - Basic loss per share for the six months ended September 30, 2024, was $(0.12), an improvement of 58.6$(0.29) for the same period in 2023[45][57] Assets and Liabilities - The company's total assets as of September 30, 2024, were $147,513 thousand, compared to$134,501 thousand as of March 31, 2024, representing an increase of 9.6%[6] - The company's total liabilities increased to $71,917 thousand from$64,668 thousand, reflecting a rise of 11.6%[6] - The company's equity attributable to owners was $138,235 thousand as of September 30, 2024, compared to$126,640 thousand as of March 31, 2024, indicating an increase of 9.2%[8] - The total assets and liabilities for the company as of September 30, 2024, are under review and will be disclosed in the upcoming financial statements[26] - The company's total liabilities, including unallocated liabilities, reached $69,871 million as of September 30, 2024[34] Revenue Breakdown - Revenue from the Publishing and Printing segment primarily comes from advertising services and sales of newspapers and magazines[17] - The revenue from publishing and digital content sales amounted to$19,660 thousand, while advertising revenue was $32,445 thousand for the six months ending September 30, 2024[24] - The service revenue related to travel and tourism reached$34,692 thousand for the six months ending September 30, 2024, compared to $22,475 thousand in the same period of the previous year, showing a significant growth of approximately 54.3$52,105,000, primarily due to weak market sentiment in core markets like Hong Kong[59] - The North America segment's revenue declined by 16.2% to $2,984,000, with a slight increase in loss before tax to$1,891,000[71] Cash and Cash Equivalents - The company's cash and cash equivalents increased to $75,578 thousand from$68,103 thousand, marking a growth of 10.5%[6] - The group's cash and cash equivalents as of September 30, 2024, amounted to $113,566,000, up from$95,524,000 as of March 31, 2024[88] - The group's net cash value increased to $81,147,000 as of September 30, 2024, compared to$68,451,000 as of March 31, 2024[88] Operational Segments - The group operates in four main business segments: Publishing and Printing in Malaysia, Publishing and Printing in Hong Kong and Taiwan, Publishing and Printing in North America, and Travel and Related Services[17] - The group continues to focus on expanding its travel-related services, which have shown strong revenue growth in the current reporting period[23] - The group has expanded its luxury travel offerings to ASEAN countries like Vietnam and European cruise destinations, responding to increased demand from high-spending customers[74] - The group is focusing on enhancing its luxury travel products to solidify its position in a profitable market despite rising travel costs due to new tourism taxes in various countries[75] Corporate Governance - The company has complied with the Malaysian Corporate Governance Code and the Hong Kong Listing Rules, ensuring a high level of corporate governance[94][95] - The board of directors aims to maintain good corporate governance standards, with at least 50% of members being independent directors and at least 30% being female directors[97] - The company has established a framework for corporate governance based on the Malaysian Corporate Governance Code and Hong Kong Listing Rules[94] - The company will continue to review and assess recommendations under the Malaysian Corporate Governance Code to achieve and maintain high governance standards[97] Other Financial Metrics - The group recognized a foreign currency translation gain of $17,418 thousand during the period, compared to a loss of$7,890 thousand in the previous year[4] - Interest income for the six months ending September 30, 2024, was $1,376 thousand, compared to$1,118 thousand for the same period in 2023, indicating an increase of approximately 23.1%[21] - The total operating expenses, excluding income tax, were $5,132 thousand for the six months ending September 30, 2024, compared to$5,879 thousand in the same period of 2023, showing a decrease in expenses[21] - The company incurred direct costs related to travel and travel-related services amounting to $30,333 million for the six months ended September 30, 2024, up from$19,520 million in 2023[39] - The company’s intangible asset amortization expense was $191 million for the six months ended September 30, 2024, down from$347 million in 2023[39] Shareholder Actions - The company repurchased a total of 32,978,600 shares at a total cost of approximately USD 946,000, with 31,522,600 shares repurchased on the Malaysian stock exchange for a total cost of 4,229,759 MYR (approximately USD 921,000)[90][92] - The total repurchased shares included 1,456,000 shares on the Hong Kong Stock Exchange for a total cost of 322,823 HKD (approximately USD 25,000)[92]