Financial Performance - Total customer sales from continuing operations reached HKD 310.6 million, an increase of 43.1% compared to HKD 217.0 million in the same period last year[3] - Revenue from continuing operations was HKD 114.5 million, up 99.5% from HKD 57.4 million year-on-year[3] - Profit attributable to owners from continuing operations was HKD 3.0 million, compared to HKD 1.9 million in 2023[3] - Earnings per share from continuing operations was HKD 0.6 cents, an increase from HKD 0.4 cents in 2023[3] - Gross profit for the period was HKD 42.1 million, compared to HKD 30.2 million in the previous year[5] - Operating profit was HKD 3.4 million, up from HKD 2.1 million year-on-year[5] - Total comprehensive income for the period was HKD 2.5 million, compared to HKD 1.6 million in the previous year[5] - For the six months ending September 30, 2024, the company reported total revenue of HKD 120,837,000, a significant increase from HKD 63,267,000 in the same period of 2023, representing a growth of approximately 91%[20] - The group's reported segment revenue for the six months ended September 30, 2024, was HKD 114,490,000, compared to HKD 57,370,000 for the same period in 2023, representing a 99.5% increase[27] - The group's profit from continuing operations for the same period was HKD 12,572,000, up from HKD 9,621,000 in 2023, indicating a 30.4% growth[27] Customer Sales and Revenue - Total customer sales receipts for ongoing operations amounted to HKD 310,618,000, up from HKD 217,003,000, reflecting a growth of around 43%[21] - Revenue from the sale of travel and wedding-related products reached HKD 30,454,000, up from HKD 23,939,000, indicating a growth of about 27%[19] - The company generated HKD 84,036,000 from tour sales, compared to HKD 33,431,000 in the previous year, marking an increase of approximately 151%[19] Dividends and Shareholder Returns - The board decided not to declare an interim dividend for the six months ended September 30, 2024, consistent with the previous year[3] - Basic earnings per share from continuing operations were HKD 0.6 cents, compared to HKD 0.4 cents in the previous year[54] Assets and Liabilities - Total assets as of September 30, 2024, were HKD 161.4 million, an increase from HKD 130.0 million as of March 31, 2024[10] - The group's total liabilities as of September 30, 2024, were HKD 119,158,000, compared to HKD 84,464,000 as of March 31, 2023, indicating a 41.1% increase[27] - Total equity attributable to owners was HKD 64.2 million, down from HKD 68.8 million as of March 31, 2024[12] Expenses and Costs - Employee costs, including director remuneration, rose to HKD 25,642,000 for the six months ended September 30, 2024, from HKD 19,516,000 in 2023, a 31.5% increase[30] - The group recorded a significant increase in sales and distribution costs, rising by 36.2% to HKD 25.2 million compared to HKD 18.5 million in the same period last year[61] - Administrative and other operating expenses increased by 30.5% to HKD 17.1 million, up from HKD 13.1 million in the previous year, primarily due to rising employee costs[62] Cash Flow and Financial Position - The group achieved an operating cash inflow of approximately HKD 36.5 million, compared to HKD 24.8 million for the six months ending September 30, 2023[64] - The group had cash and cash equivalents totaling HKD 112.5 million as of September 30, 2024, compared to HKD 85.2 million as of March 31, 2024[64] Discontinued Operations - The company completed the sale of its entire stake in a subsidiary, which has been reflected in the financial statements as discontinued operations[2] - The group incurred a loss of HKD 478,000 from discontinued operations for the six months ended September 30, 2024, compared to a loss of HKD 304,000 in 2023[27] Compliance and Governance - The company has complied with all provisions of the corporate governance code as outlined in the listing rules during the period[75] - The audit committee reviewed the interim results for the period and discussed them with management[76] - The company adopted the standard code of conduct for securities trading by directors and confirmed compliance during the period[77] Future Outlook and Strategy - The group anticipates continued growth in travel demand despite global economic challenges and geopolitical tensions, maintaining a cautiously optimistic outlook[73] - The group plans to continue expanding its product offerings and enhancing competitiveness to adapt to market trends and challenges[56] - The group will continue to invest in exploring new travel routes and tailor-made itineraries for individual, small group, and corporate clients[73] - The company plans to enhance operational efficiency by optimizing employee structure and strengthening resources to improve customer service and product offerings[73]
专业旅运(01235) - 2025 - 中期业绩