Financial Performance - For the six months ended September 30, 2024, the company reported a revenue of HKD 276,058,000, a slight decrease of 0.1% compared to HKD 276,401,000 in the same period of 2023[3] - The gross profit for the same period was HKD 20,074,000, down from HKD 21,271,000, reflecting a decrease of approximately 5.6% year-over-year[3] - The company recorded a net loss of HKD 29,491,000 for the six months ended September 30, 2024, compared to a net loss of HKD 20,831,000 in the prior year, indicating an increase in losses of about 41%[3] - The total revenue for the six months ending September 30, 2023, was HKD 276,401,000, with a loss of HKD 15,860,000[22] - The basic loss attributable to shareholders for the six months ending September 30, 2024, was HKD 29,491,000, compared to HKD 20,831,000 for the same period in 2023[31] - The group reported a net loss of HKD 29.5 million for the six months ended September 30, 2024, compared to a net loss of HKD 20.8 million in the same period last year, resulting in a net loss margin decline from -7.5% to -10.7%[45] Assets and Liabilities - As of September 30, 2024, total assets were HKD 833,223,000, a decrease from HKD 908,505,000 as of March 31, 2024[9] - As of September 30, 2024, total assets amounted to HKD 1.0634 billion, with total liabilities of HKD 230.1 million and shareholders' equity of HKD 806 million[49] - The company has not reported any significant changes in its segment assets and liabilities for the six months ended September 30, 2024[17] Cash Flow and Investments - The company's cash and cash equivalents decreased to HKD 110,046,000 from HKD 174,556,000, representing a decline of approximately 37%[8] - The group held cash and bank deposits of HKD 403.8 million as of September 30, 2024, down from HKD 479.3 million as of March 31, 2024[50] - The company increased its property, plant, and equipment by approximately HKD 1,471,000 during the reporting period[35] - The group purchased three vehicles for approximately HKD 1.471 million during the six months ended September 30, 2024, with no significant investments in other tangible assets[52] Revenue Breakdown - The revenue from Europe was HKD 45,299,000, from the Americas was HKD 172,233,000, from Asia was HKD 47,078,000, and from other regions was HKD 11,448,000[18] - Sales revenue in Europe decreased by 36% to HKD 45.3 million, while sales in the Americas decreased by 4% to HKD 172.2 million, accounting for 62.4% of total sales[43] - Sales in Asia increased by 114% to HKD 47.1 million, representing 17.1% of total sales, and other markets saw a 203% increase to HKD 11.4 million, accounting for 4.1% of total sales[43] Operational Focus and Challenges - The company continues to focus on the manufacturing and sales of home appliances, with all received purchase orders expected to be completed within one year[16] - The group plans to seek growth opportunities through new customers and product categories, as well as online sales channels in mainland China[46] - The group anticipates continued challenges due to high inflation and geopolitical tensions, which may negatively impact consumer demand and sales in the U.S. market, currently accounting for over 60% of total sales[46] Employee and Governance - The group employed approximately 1,550 employees as of September 30, 2024, down from 1,640 employees in 2023[56] - The board confirms compliance with corporate governance codes and securities trading standards throughout the reporting period[59][61] Other Financial Metrics - The company recognized rental income of HKD 8,227,000 for the six months ending September 30, 2024, compared to HKD 8,561,000 in 2023[28] - The company reported a decrease in fair value of investment properties by HKD 17,586,000 for the six months ending September 30, 2024[34] - The group maintained strict control over all management expenses, with selling and distribution expenses increasing by 15.6% to HKD 7.9 million, representing 2.8% of sales revenue[45] - The financial position remains robust, supported by internal cash flow and available bank credit for operational needs and potential business expansion[52] Reporting and Compliance - The interim report will be made available on the Hong Kong Stock Exchange and the company's website at an appropriate time[63] - The company has not engaged in any share buybacks or sales during the six months ended September 30, 2024[58]
亚伦国际(00684) - 2025 - 中期业绩