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电讯数码控股(06033) - 2025 - 中期财报
TELECOM DIGITTELECOM DIGIT(HK:06033)2024-12-17 11:06

Financial Performance - Revenue for the six months ended September 30, 2024, was HKD 538,745,000, a decrease of 16.1% compared to HKD 641,846,000 for the same period in 2023[3] - The profit attributable to the company's owners for the period was HKD 22,788,000, down 60.8% from HKD 58,115,000 in the previous year[3] - The company's basic and diluted earnings per share decreased to HKD 0.06 from HKD 0.14, representing a decline of 57.1%[4] - Total comprehensive income for the period was HKD 22,059,000, compared to HKD 58,588,000 in the same period last year, reflecting a decrease of 62.4%[4] - The company reported a pre-tax profit of HKD 28,415,000 for the six months ended September 30, 2024, compared to HKD 68,258,000 for the same period in 2023, indicating a significant decrease[40] - Other income and gains significantly dropped to approximately HKD 2.66 million, a decrease of about 93.5% from HKD 41.16 million in the previous year, mainly due to last year's property sale gains[128] - Profit attributable to owners for the period was approximately HKD 22.79 million, a decrease of about 60.8% from HKD 58.12 million in 2023, mainly due to lower gross profit and the absence of property sale gains[132] Revenue Breakdown - Revenue from product sales was HKD 381,484,000, down 16.9% from HKD 458,616,000 year-over-year[34] - Revenue from operational services was HKD 136,235,000, a decline of 13.5% compared to HKD 157,419,000 in the previous year[34] - Rental income from properties increased slightly to HKD 10,859,000 from HKD 10,173,000, representing a growth of 6.8%[34] - The product business generated revenue of approximately HKD 382.67 million, down 17.4% from HKD 463.43 million in the previous year, accounting for about 71.0% of total revenue[127] - Revenue from the operation services segment decreased by approximately 13.5% to about HKD 136.24 million, compared to HKD 157.42 million in 2023[127] - Property investment revenue slightly increased to approximately HKD 10.86 million, up about 6.8% from HKD 10.17 million in 2023, primarily due to rental income from a building acquired in May 2022[127] Assets and Liabilities - Non-current assets as of September 30, 2024, amounted to HKD 1,014,845,000, slightly down from HKD 1,019,140,000 as of March 31, 2024[6] - Current assets increased to HKD 295,437,000 from HKD 206,249,000, marking an increase of 43.3%[6] - Current liabilities totaled HKD 788,048,000, up from HKD 709,636,000, indicating an increase of 11.0%[9] - The net asset value of the company increased to HKD 499,581,000 from HKD 493,672,000, reflecting a growth of 1.8%[11] - The group had net current liabilities of approximately HKD 492.61 million and cash and cash equivalents of approximately HKD 29.10 million as of September 30, 2024[138] Cash Flow - For the six months ended September 30, 2024, the net cash used in operating activities was HKD (20,361) thousand, a significant decrease compared to HKD 74,794 thousand for the same period in 2023[19] - The net cash used in investing activities was HKD (6,336) thousand, down from HKD 86,614 thousand in the previous year, indicating a substantial reduction in investment outflows[21] - The financing activities generated a net cash inflow of HKD 28,412 thousand, contrasting with a net cash outflow of HKD (165,451) thousand in the prior period[21] - The group’s cash and cash equivalents increased to HKD 29,100 thousand from HKD 25,639 thousand year-over-year, reflecting a positive cash flow trend[21] Dividends and Shareholder Information - The interim dividend declared for the second quarter was 0.03 HKD per share, totaling 16,150,000 HKD, compared to 12,113,000 HKD for the same period in 2023[59] - The board declared an interim dividend of HKD 0.03 per share for the period ended September 30, 2024, compared to no dividend in 2023[143] - As of September 30, 2024, the company has issued 403,753,000 shares, with CKK Investment holding approximately 54.49% of the issued shares[160] Operational Insights - The company plans to focus on market expansion and new product development to drive future growth[5] - The company operates 70 retail stores in Hong Kong, providing a variety of electronic and consumer products[118] - The overall market environment remains challenging due to economic slowdown, weak consumer confidence, and intensified competition[118] - The short-term business outlook remains challenging due to weak economic conditions and low consumer confidence in Hong Kong's retail sector[149] - The group is focused on enhancing cost management and improving overall operational efficiency for future growth[149] Compliance and Governance - The group’s financial statements are prepared based on the Hong Kong Financial Reporting Standards, ensuring compliance with local regulations[26] - The company has established an audit committee consisting of all independent non-executive directors to oversee financial reporting and internal controls[172] - The company has complied with the Corporate Governance Code, except for the deviations mentioned in the report[169] - The board of directors confirmed compliance with the securities trading standards throughout the reporting period[164] - The company is committed to maintaining transparency and governance standards as per the listing rules[169]