Financial Performance - Revenue for the six months ended September 30, 2024, was HKD 16,150,000, an increase of 13.3% compared to HKD 14,263,000 for the same period in 2023[6] - Gross profit for the same period was HKD 2,203,000, up from HKD 1,931,000, reflecting a gross margin improvement[6] - The company reported a loss before tax of HKD 993,000, significantly reduced from a loss of HKD 3,693,000 in the prior year[6] - Basic and diluted loss per share was HKD 0.11, compared to HKD 0.41 for the same period last year[8] - The company incurred a loss of HKD 993,000 during the period, compared to a loss of HKD 3,690,000 in the previous year, indicating an improvement in financial performance[13] - The net loss for the period was HKD 1,000,000, a significant improvement from a net loss of HKD 3,700,000 in the previous year[51] Assets and Liabilities - Total assets as of September 30, 2024, amounted to HKD 65,403,000, an increase from HKD 57,758,000 as of March 31, 2024[10] - Accounts receivable increased to HKD 21,878,000 from HKD 17,850,000, indicating improved sales performance[10] - The company has no non-current liabilities related to bonds as of September 30, 2024, compared to HKD 6,274,000 as of March 31, 2024[10] - The total equity attributable to owners of the company was HKD 9,866,000, down from HKD 10,859,000[10] - The group’s total liabilities as of September 30, 2024, included HKD 6,079,000 in bonds payable[42] - As of September 30, 2024, the group's net asset value decreased by 9.3% to HKD 9,800,000 from HKD 10,800,000 as of March 31, 2024[58] Cash Flow - For the six months ended September 30, 2024, the company reported a net cash flow from operating activities of HKD 403,000, compared to a net cash outflow of HKD 432,000 for the same period in 2023[15] - The total cash and cash equivalents increased to HKD 6,437,000 as of September 30, 2024, up from HKD 5,692,000 a year earlier[15] - The group maintained cash and cash equivalents of HKD 6,400,000, slightly up from HKD 6,200,000 as of March 31, 2024[59] - The financing activities resulted in a cash outflow of HKD 195,000 for both periods, indicating stable financing costs[15] Business Operations - The company aims to enhance its market presence and explore new product development strategies moving forward[6] - The company continues to engage in various business segments, including natural resources and commodity trading, lending, and the development and promotion of fashion apparel[18] - The consumer goods and fashion apparel segment generated revenue of HKD 14,600,000, up from HKD 13,000,000 in the previous year[54] - The lending business recorded revenue of HKD 1,500,000, an increase from HKD 1,300,000 in the previous year, indicating steady growth[55] Shareholder Information - The group did not recommend any dividend for the six months ending September 30, 2024, consistent with the previous year[48] - The group reported a weighted average number of shares of 890,723,000 for the calculation of basic and diluted loss per share[35] - As of September 30, 2023, the number of shares available for issuance under the share option scheme was 71,901,900, representing approximately 8.07% of the issued share capital[70] - No unissued shares were available for issuance under the share option scheme as of September 30, 2024[71] Governance and Compliance - The company has adopted a code of conduct for securities trading by directors, which is in line with GEM Listing Rules, and no non-compliance was reported for the six months ending September 30, 2024[83] - The company has adhered to the Corporate Governance Code throughout the review period, with some board meeting notifications being less than 14 days to respond to investment opportunities[85] - The Audit Committee, consisting of three independent non-executive directors, has reviewed the unaudited condensed consolidated interim financial statements for the six months ending September 30, 2024[87] Market Strategy - The group plans to continue developing its existing business through organic growth or acquisitions, while seeking other investment opportunities to diversify and enhance shareholder returns[68]
富誉控股(08269) - 2025 - 中期业绩