Financial Performance - The group's revenue for the six months ended September 30, 2024, was approximately HKD 12.5 million, a decrease of about 46.7% compared to the same period in 2023[12]. - The loss attributable to the owners of the company for the six months ended September 30, 2024, was approximately HKD 3.5 million, a decrease of about 7.9% compared to the same period in 2023[13]. - The total comprehensive loss for the period attributable to owners of the company was HKD 3.52 million, compared to HKD 3.72 million in the same period of 2023[16]. - The basic and diluted loss per share for the six months ended September 30, 2024, was HKD 1.80, compared to HKD 6.78 in the same period of 2023[16]. - The group reported a pre-tax loss of HKD 3.53 million for the six months ended September 30, 2024, compared to a loss of HKD 3.68 million in the same period of 2023[16]. - The net loss for the six months ended September 30, 2024, was HKD 3,754,000, compared to a loss of HKD 3,456,000 for the same period in the previous year[21]. - For the six months ended September 30, 2024, the group recorded a net loss of approximately HKD 3,525,000 and had current liabilities net of approximately HKD 920,000, indicating significant uncertainty regarding the group's ability to continue as a going concern[32]. Revenue Breakdown - Revenue for the six months ended September 30, 2024, was HKD 12,496,000, a decrease of 46.4% compared to HKD 23,462,000 for the same period in 2023[36]. - Revenue from restaurant operations in Hong Kong was HKD 11,516,000 for the six months ended September 30, 2024, down from HKD 21,585,000 in the prior year, representing a decline of 46.6%[39]. - The group’s revenue from franchise royalties was HKD 485,000 for the six months ended September 30, 2024, compared to HKD 591,000 in the previous year, reflecting a decrease of 18%[36]. Cost Management - The cost of goods sold for the six months ended September 30, 2024, was HKD 3.66 million, compared to HKD 6.39 million in the same period of 2023[16]. - Employee costs for the six months ended September 30, 2024, were HKD 4.65 million, down from HKD 10.1 million in the same period of 2023[16]. - Total employee costs for the six months ended September 30, 2024, amounted to HKD 4,654,000, down 53.83% from HKD 10,096,000 in the same period of 2023[45]. - The company incurred interest expenses on lease liabilities of HKD 104,000, significantly reduced from HKD 418,000 in the previous year, representing a decrease of 75.16%[43]. - Other operating expenses decreased by approximately HKD 1.0 million or 18.9%, from about HKD 5.5 million for the six months ended September 30, 2023, to about HKD 4.5 million for the same period in 2024[79]. Assets and Liabilities - As of September 30, 2024, total assets decreased to HKD 18,536,000 from HKD 20,859,000 as of March 31, 2024, representing a decline of approximately 11%[19]. - The company's cash and cash equivalents dropped significantly to HKD 5,808,000 from HKD 13,257,000, a decrease of about 56%[19]. - Current liabilities decreased to HKD 14,181,000 from HKD 16,757,000, reflecting a reduction of approximately 15%[19]. - The company's total equity decreased to HKD 16,570,000 from HKD 20,161,000, a decline of about 18%[21]. - The company’s total liabilities decreased to HKD 1,046,000 from HKD 192,000, indicating a significant increase in non-current liabilities[19]. - The total amount of trade and other receivables, deposits, and prepayments as of September 30, 2024, was HKD 9,445,000, down 20.19% from HKD 11,835,000 as of March 31, 2024[58]. Cash Flow and Financing - The operating cash flow for the six months ended September 30, 2024, was negative at HKD (4,773,000)[26]. - The cash flow from financing activities showed a net decrease of HKD (2,010,000) for the period[26]. - The group has utilized all net proceeds from the rights issue, amounting to approximately HKD 26.5 million, for capital expenditures on new restaurants and general working capital[97]. Dividends and Shareholder Information - The board of directors did not recommend the payment of any dividends for the six months ended September 30, 2024, consistent with the previous year[14]. - The company did not declare or propose any dividends for the six months ended September 30, 2024, consistent with the previous year[53]. - The major shareholder, Jinshi No. 1 Limited Partnership Fund, holds 21,155,000 shares, representing 10.99% of the company's equity[99]. Compliance and Governance - The company has established an audit committee to review financial information and internal controls, ensuring compliance with applicable accounting standards and regulations[106]. - The company has adopted the GEM Listing Rules regarding securities trading standards, and all directors confirmed compliance during the six months ending September 30, 2024[104]. - There were no competitive businesses or conflicts of interest reported by directors or major shareholders during the six months ending September 30, 2024[103].
赏之味(08096) - 2025 - 中期业绩