Financial Performance - Revenue for the six months ended September 30, 2024, was approximately HKD 58.5 million, a decrease of 3.1% compared to HKD 60.4 million for the same period in 2023[3] - Gross profit for the same period was approximately HKD 5.2 million, down from HKD 6.7 million in the previous year[3] - The loss attributable to the company's owners for the six months ended September 30, 2024, was approximately HKD 35.0 million, compared to HKD 14.4 million for the same period in 2023[3] - The total loss before tax for the period was HKD 34,959,000, compared to a loss of HKD 14,821,000 in the previous period, indicating a worsening financial performance[34] - The group reported a pre-tax loss of HKD 34,959,000 for the six months ended September 30, 2024, compared to a loss of HKD 14,446,000 for the same period in 2023, indicating a significant increase in losses[66] - The group recorded a loss before tax of approximately HKD 35.0 million for the six months ended September 30, 2024, compared to a loss of HKD 14.8 million for the same period in 2023[118] Revenue Breakdown - For the six months ending September 30, 2024, the total revenue from external customers was HKD 58,531,000, a decrease of 3.0% from HKD 60,446,000 in the same period of 2023[36] - The construction and engineering services segment generated revenue of HKD 49,858,000, up from HKD 49,512,000, reflecting a growth of 0.7%[36] - The property development and investment segment reported revenue of HKD 3,007,000, down 7.4% from HKD 3,247,000[36] - The life consumption products segment saw a significant decline in revenue to HKD 5,666,000, down 26.2% from HKD 7,687,000[36] - Total customer contract revenue for the six months ended September 30, 2024, was HKD 58,531,000, a decrease of 3.2% from HKD 60,446,000 in 2023[37] - Revenue from building construction services was HKD 791,000, down 36.2% from HKD 1,239,000 in the previous year[37] - Revenue from renovation, addition, and alteration works was HKD 41,097,000, an increase of 45.3% compared to HKD 28,244,000 in 2023[37] - Revenue from maintenance and restoration of historical buildings decreased to HKD 7,970,000, down 60.2% from HKD 20,029,000 in 2023[37] - Sales of consumer products generated revenue of HKD 5,666,000, a decline of 26.2% from HKD 7,687,000 in the previous year[37] - Hotel revenue was HKD 3,007,000, slightly down from HKD 3,247,000 in 2023[37] - The total revenue from the Hong Kong market was HKD 49,512,000, while revenue from Japan was HKD 3,247,000 and from mainland China was HKD 7,687,000[42] Expenses and Costs - Administrative expenses decreased to approximately HKD 17.6 million from HKD 21.0 million year-on-year[3] - Selling and marketing expenses for the six months ended September 30, 2024, were approximately HKD 16.0 million, a decrease from HKD 17.0 million for the same period in 2023[115] - The cost of sales for construction recognized was HKD 47,934,000, slightly up from HKD 47,377,000 in the previous year, reflecting a 1.2% increase[59] - The cost of goods sold for consumer products sold decreased to HKD 3,690,000 from HKD 4,476,000, representing a reduction of approximately 17.6%[59] - Total employee costs for the six months ended September 30, 2024, amounted to approximately HKD 14.6 million, down from approximately HKD 16.8 million for the same period in 2023[132] Assets and Liabilities - Total non-current assets as of September 30, 2024, amounted to approximately HKD 52.3 million, compared to HKD 51.0 million as of March 31, 2024[15] - Total current assets were approximately HKD 226.5 million, slightly down from HKD 227.5 million as of March 31, 2024[15] - Total non-current liabilities increased to approximately HKD 170.4 million from HKD 170.0 million as of March 31, 2024[17] - The company's equity attributable to owners was approximately HKD 16.0 million, down from HKD 17.8 million as of March 31, 2024[17] - Trade receivables increased to HKD 18,838,000 as of September 30, 2024, compared to HKD 14,955,000 at the end of March 2024, marking a rise of 25.5%[71] - Total trade and other payables amounted to HKD 69,409,000 as of September 30, 2024, down from HKD 70,818,000 at the end of March 2024, indicating a decrease of 2%[73] - Trade payables as of September 30, 2024, totaled HKD 58,572,000, a slight decrease from HKD 60,237,000 as of March 31, 2024[75] - Other payables and accrued expenses amounted to HKD 10,837,000 as of September 30, 2024, compared to HKD 10,581,000 as of March 31, 2024[80] - Non-current other borrowings stood at HKD 72,648,000 as of September 30, 2024, up from HKD 70,357,000 as of March 31, 2024[81] Dividends and Share Capital - The board has resolved not to declare any interim dividend for the six months ended September 30, 2024[3] - The group did not declare any dividends for the six months ended September 30, 2024, consistent with the previous year[62] - The company’s total issued and paid-up share capital remained at HKD 96,000,000 as of September 30, 2024[86] Future Outlook and Strategies - The company anticipates sufficient operational funding for the next 12 months, considering available shareholder loans and projected cash flows[23] - The company has ongoing strategies in property development and investment primarily in Japan, and in smart consumer products in mainland China[89] - The company is expanding its service offerings in the construction sector, focusing on renovation and maintenance of public facilities[100] - The company has a strategic focus on securing contracts for public works and enhancing its capabilities in specialized construction services[103] - The group has sufficient financial resources to meet future operational needs[124] Compliance and Reporting - The interim report for the six months ending September 30, 2024, will be sent to shareholders and published on the Hong Kong Stock Exchange and the company's website[142] - The board of directors is responsible for the accuracy of the information presented in the announcement[142] - The announcement has been carefully considered and does not omit any facts that could mislead the statements made[142]
迪米生活控股(01667) - 2025 - 中期业绩