Financial Performance - For the six months ended September 30, 2024, the company reported revenue of HKD 392,170,000, a decrease of 3.4% compared to HKD 406,783,000 for the same period in 2023[1] - Gross profit increased to HKD 114,989,000, up 11.4% from HKD 103,324,000 year-over-year[1] - Operating profit surged to HKD 30,483,000, a significant increase from HKD 10,396,000 in the previous year, representing a 193.5% growth[1] - The net profit for the period was HKD 27,782,000, compared to HKD 7,628,000 in the same period last year, marking a 264.5% increase[1] - Basic and diluted earnings per share rose to HKD 4.50, up from HKD 1.36 in the prior year, reflecting a 230.9% increase[3] - Total comprehensive income for the period was HKD 37,645,000, compared to a loss of HKD 874,000 in the previous year[5] - Profit before tax for the six months ended September 30, 2024, was HKD 30,359,000, compared to HKD 9,744,000 for the same period in 2023, an increase of approximately 211.5%[26] Revenue Breakdown - Revenue from toys decreased from HKD 261,917,000 in 2023 to HKD 227,268,000 in 2024, a decline of approximately 13.2%[19] - Revenue from computer products increased from HKD 51,089,000 in 2023 to HKD 60,419,000 in 2024, an increase of approximately 18.5%[19] - Revenue from watches increased from HKD 93,777,000 in 2023 to HKD 104,483,000 in 2024, an increase of approximately 11.4%[19] - The company reported a decrease in revenue from Hong Kong, from HKD 41,999,000 in 2023 to HKD 33,249,000 in 2024, a decline of approximately 20.9%[19] - Revenue from mainland China increased from HKD 35,221,000 in 2023 to HKD 47,735,000 in 2024, an increase of approximately 35.6%[19] Assets and Liabilities - Current assets increased to HKD 629,448,000, up from HKD 540,880,000, indicating a 16.3% growth[7] - Total assets as of September 30, 2024, were HKD 883,583,000, compared to HKD 812,449,000 as of March 31, 2024, an increase of approximately 8.7%[26] - Total liabilities as of September 30, 2024, were HKD 271,087,000, compared to HKD 219,463,000 as of March 31, 2024, an increase of approximately 23.5%[26] - The company's debt-to-asset ratio was 31% as of September 30, 2024, compared to 27% as of March 31, 2024[49] Equity and Dividends - The company's total equity increased to HKD 612,496,000 from HKD 592,986,000, reflecting a 3.5% rise[9] - The company declared a dividend of HKD 18,135,000 to shareholders, compared to no dividends declared in the previous year[7] - The interim dividend declared is HKD 0.03 per share, totaling HKD 18,000,000, consistent with the previous year[52] Employee and Operational Insights - As of September 30, 2024, the total number of employees is 2,282, a slight decrease from 2,210 in the previous year, with total employee costs amounting to HKD 146,435,000, up from HKD 145,750,000[55] - The company continues to focus on expanding its market presence and enhancing product offerings, although specific new products and technologies were not detailed in the report[1] - The company did not purchase, sell, or redeem any of its listed securities during the six-month period ending September 30, 2024[56] Cash and Investments - As of September 30, 2024, the company's cash balance, including pledged bank balances, was HKD 269 million, up from HKD 233 million as of March 31, 2024[47] - The company recorded a net gain of HKD 9.9 million from trading securities, compared to a net loss of HKD 4.8 million in the previous year[44] - The company has no significant contingent liabilities as of September 30, 2024[50]
HERALD HOLD(00114) - 2025 - 中期业绩