Financial Performance - For the six months ended September 30, 2024, the group's revenue was approximately HKD 48.98 million, a decrease of about HKD 1.60 million or 3.16% compared to HKD 50.58 million for the same period in 2023[5] - The loss for the six months ended September 30, 2024, was approximately HKD 10.89 million, compared to a loss of HKD 8.96 million for the same period in 2023[5] - Basic loss per share for the six months ended September 30, 2024, was approximately HKD 0.95, compared to HKD 0.93 for the same period in 2023[5] - The group recorded other income of HKD 0.16 million for the six months ended September 30, 2024, compared to HKD 0.035 million for the same period in 2023[8] - The group incurred financing costs of HKD 0.626 million for the six months ended September 30, 2024, compared to HKD 0.575 million for the same period in 2023[8] - The group reported a net loss of approximately HKD 10,889,000 for the six months ended September 30, 2024, with current liabilities amounting to HKD 9,315,000, indicating significant uncertainty regarding the group's ability to continue as a going concern[27] - The group incurred a loss before tax of HKD 10,855,000 for the six months ended September 30, 2024, compared to a loss of HKD 8,759,000 for the same period in 2023[41] - The company reported a pre-tax loss of HKD 10,889,000 for the six months ended September 30, 2024, compared to a loss of HKD 8,962,000 for the same period in 2023[65] - The company reported a net loss attributable to shareholders of approximately HKD 10.89 million for the six months ended September 30, 2024, compared to a loss of HKD 18.96 million in the same period last year[93] Assets and Liabilities - Total non-current assets as of September 30, 2024, amounted to HKD 46.61 million, an increase from HKD 44.78 million as of March 31, 2024[18] - Current assets as of September 30, 2024, totaled HKD 38.78 million, compared to HKD 24.93 million as of March 31, 2024[18] - Current liabilities as of September 30, 2024, were HKD 48.10 million, up from HKD 24.14 million as of March 31, 2024[18] - The net asset value as of September 30, 2024, was HKD 23.56 million, a decrease from HKD 34.44 million as of March 31, 2024[20] - The total assets of the group as of September 30, 2024, amounted to HKD 85,386,000, while total liabilities were HKD 61,831,000[45] - Total assets as of September 30, 2024, amounted to HKD 69,713,000, an increase from HKD 57,930,000 as of March 31, 2024[47] - Total liabilities as of September 30, 2024, were HKD 35,269,000, compared to HKD 31,729,000 as of March 31, 2024[48] Revenue Breakdown - Total revenue for the six months ended September 30, 2024, was HKD 48,980,000, with the breakdown as follows: Chinese cuisine HKD 6,123,000, Malaysian cuisine HKD 5,251,000, and aircraft engine maintenance services HKD 37,606,000[41] - The "麻酸樂╱嫲孫樂" brand generated revenue of approximately HKD 6.12 million, accounting for 12.50% of total revenue, representing a 42.60% decrease year-on-year[74] - The "泰巷" brand recorded zero revenue, a 100.00% decrease compared to the previous year, due to lease expiration[74] - The "峇峇娘惹" brand achieved revenue of approximately HKD 5.25 million, making up 10.72% of total revenue, down 55.49% year-on-year[74] Cost Management - The group is actively implementing cost control measures to reduce discretionary spending and administrative costs to improve financial performance[27] - Employee costs decreased by approximately 36.60% to HKD 11.49 million, down from HKD 18.12 million in the previous year, primarily due to a reduction in staff[84] - The cost of raw materials and consumables increased by 30.38% to approximately HKD 25.00 million, compared to HKD 19.17 million in the previous year[81] Capital and Fundraising - The group plans to raise new capital through fundraising activities, including a placement agreement to issue up to 230,160,000 new shares at a price of HKD 0.017 per share[27] Governance and Compliance - The company has adhered to the corporate governance code as per GEM listing rules throughout the reporting period[103] - The company has established an audit committee consisting of two independent non-executive directors to oversee internal audit functions and financial reporting[109] - The total number of shares issued by the company is at least 25% held by the public, in compliance with GEM listing rules[108] Dividends - The board of directors did not recommend the payment of an interim dividend for the six months ended September 30, 2024, consistent with the previous year[5] - The company did not declare or propose any dividends for the six months ended September 30, 2024, consistent with the previous year[64] - The board has resolved not to recommend an interim dividend for the six months ending September 30, 2024, consistent with the previous year[102] Segment Performance - The group reported a total segment loss of HKD 1,535,000 for the six months ended September 30, 2024, with individual segment losses as follows: Chinese cuisine HKD 1,883,000, Thai cuisine HKD 303,000, and Malaysian cuisine HKD 1,272,000[41] Reporting Standards - The group’s financial statements are prepared in accordance with the Hong Kong Financial Reporting Standards and are presented in Hong Kong dollars (HKD)[26] - The group has not adopted any new or revised Hong Kong Financial Reporting Standards that have been issued but are not yet effective during the reporting period[24] Other Information - The company has no significant contingent liabilities or capital commitments as of September 30, 2024[97][99] - No significant investments, acquisitions, or disposals of subsidiaries occurred during the six months ending September 30, 2024[101] - Other income decreased by 354.29% to approximately HKD 0.16 million, down from HKD 0.04 million, mainly due to reduced rental income[82]
倩碧控股(08367) - 2025 - 中期业绩