Revenue and Profitability - Revenue for the six months ended September 30, 2024, was HKD 109 million, a decrease of 3.54% compared to HKD 113 million for the same period in 2023[4] - Gross profit for the same period was HKD 54 million, down from HKD 57 million, reflecting a gross margin of 49.54%[4] - The company reported a net loss of HKD 195 million for the six months ended September 30, 2024, compared to a net loss of HKD 250 million in the prior year, representing a 22% improvement[4] - Other income decreased to HKD 22 million from HKD 24 million year-over-year[4] - The company reported a basic loss per share of HKD 1.91, compared to HKD 2.85 in the same period last year[13] - The group reported a pre-tax loss of HKD 198 million for the six months ended September 30, 2024[56] - The company reported a pre-tax loss of HKD 261 million for the six months ended September 30, 2024, compared to a pre-tax loss of HKD 139 million for the same period in 2023, reflecting an increase in losses of approximately 88%[139] - The financial assets impairment loss for the period was HKD 9 million, which included expected credit losses, compared to a recovery of HKD 5 million in the previous year[139] - The company recorded a fair value loss of HKD 55 million, which was a significant increase from the previous year's loss of HKD 34 million, indicating a deterioration in asset valuations[139] - The company reported a net loss attributable to shareholders of HKD 137 million for the six months ended September 30, 2024, compared to a net loss of HKD 207 million in 2023, representing a 33.69% improvement[196] - Basic and diluted loss per share improved to HKD (1.91) for the six months ended September 30, 2024, from HKD (2.85) in 2023[196] Assets and Liabilities - The total assets as of September 30, 2024, were HKD 4,381 million, down from HKD 4,786 million as of March 31, 2024[18] - Current liabilities totaled HKD 2,090 million, a decrease from HKD 2,214 million in the previous period[24] - The company's cash and cash equivalents were HKD 298 million, down from HKD 350 million[18] - The total equity attributable to the owners of the company was HKD 1,640 million, compared to HKD 1,813 million as of March 31, 2024[28] - Non-current assets as of September 30, 2024, totaled HKD 3,041 million, a slight increase from HKD 3,006 million as of March 31, 2024[141] - Deferred tax assets recognized decreased to HKD (5) million in 2024 from HKD (15) million in 2023[192] Financing and Costs - The company incurred financing costs of HKD 63 million, a decrease from HKD 72 million in the previous year[4] - Financing costs decreased to HKD 63 million for the six months ended September 30, 2024, down 12.5% from HKD 72 million in 2023[190] - The company incurred a loss of HKD 8 million from the sale of equipment in 2024, compared to no loss in 2023[190] - The company reported a foreign exchange loss of HKD 3 million for both periods under review[190] Business Segments and Operations - The group operates six reportable segments, including construction machinery rental and sales, asset management, and lending services, among others[39][40] - The company holds a lending license and provides mortgage and personal loan services in Hong Kong[40] - The group has a commercial property for lease in London, UK, as part of its property leasing business[41] - The group has a subsidiary holding a developing property in Malaysia under its property development segment[42] - The company provides maintenance and transportation services for construction machinery, particularly crawler cranes, in Hong Kong[39] - The revenue from construction machinery rental was HKD 65 million, consistent with the previous year's performance, indicating stability in this segment[158] - The investment property rental income was HKD 23 million, which was a decrease from HKD 26 million in the prior year, representing a decline of approximately 11.54%[182] - Trade receivables from the construction machinery business generated rental income of HKD 43 million, a decrease from HKD 48 million in 2023[199] - Securities brokerage trade receivables generated income of HKD 164 million, an increase from HKD 150 million in 2023[200] Regulatory and Market Recognition - The financial statements are prepared in accordance with Hong Kong Financial Reporting Standards and have not been audited[32][34] - The group has adopted all new and revised Hong Kong Financial Reporting Standards effective from April 1, 2024, with no significant impact on its financial position[34] - The group has not applied any new or revised Hong Kong Financial Reporting Standards that have been issued but are not yet effective[34] - The company has been included in the Hang Seng Composite Index effective September 9, 2024, reflecting high recognition of its performance and value in the capital market[36] Dividend and Future Plans - The company did not recommend the payment of an interim dividend for the six months ended September 30, 2024, and 2023[194] - The company plans to continue focusing on market expansion and new product development to enhance revenue streams in the upcoming periods[141]
信铭生命科技(00474) - 2025 - 中期业绩