Revenue Growth - The total revenue from continuing operations for the six months ended September 30, 2024, was HKD 310.6 million, an increase of 43.1% compared to HKD 217.0 million in the same period last year[10]. - The service income from travel and wedding-related products was HKD 30.5 million, up 27.2% from HKD 23.9 million year-on-year[10]. - Revenue from tour sales surged to HKD 84.0 million, a remarkable increase of 151.4% compared to HKD 33.4 million in the previous year[10]. - Total customer sales from continuing operations reached HKD 310.6 million, a 43.1% increase from HKD 217.0 million in the same period last year[18]. - Total revenue from continuing operations was HKD 114.5 million, up 99.5% from HKD 57.4 million year-on-year[18]. - Revenue for the six months ended September 30, 2024, was HKD 114,490,000, a 100% increase from HKD 57,370,000 in the same period of 2023[54]. - Revenue from the sale of travel and wedding-related products amounted to HKD 226,582,000, up from HKD 183,572,000 year-over-year, indicating a growth of approximately 23.4%[75]. - The total customer contract revenue for the six months was HKD 313,318,000, compared to HKD 219,182,000 in the previous year, marking a growth of 42.9%[75]. - Revenue from the sale of travel packages was HKD 310,618,000, up from HKD 217,003,000, representing an increase of 43.2%[75]. Profitability - The profit attributable to the owners of the company from continuing operations was HKD 3.0 million, a 57.9% increase from HKD 1.9 million in the same period last year[14]. - The basic earnings per share from continuing operations rose to HKD 0.6, compared to HKD 0.4 in the previous year[10]. - Operating profit increased to HKD 3,367,000, up 57.3% from HKD 2,140,000 year-over-year[54]. - Profit before tax for the period was HKD 2,959,000, a 55% increase compared to HKD 1,910,000 in the previous year[54]. - The company reported a total comprehensive income of HKD 2,481,000 for the period, compared to HKD 1,606,000 in the prior year[54]. - The basic earnings per share for the six months ended September 30, 2024, was approximately HKD 2,959,000, compared to HKD 1,913,000 for the same period in 2023, reflecting an increase in profitability[105]. Operational Efficiency - The company plans to enhance its competitiveness by investing in infrastructure and expanding its customer base through promotional activities and digital channels[14]. - The group plans to enhance operational efficiency by optimizing employee structure and strengthening resources to improve customer service and product offerings[33]. - The group will continue to explore new travel routes and tailor itineraries for individual, group, and corporate clients, investing resources in these initiatives[33]. - The company will continue to strengthen resources in study tours, incentive travel, and cruise holidays to meet customer needs[16]. Financial Position - As of September 30, 2024, the total assets amounted to HKD 161,433,000, an increase from HKD 130,013,000 as of March 31, 2024, representing a growth of approximately 24.2%[60]. - Cash and cash equivalents increased to HKD 70,041,000 from HKD 49,573,000, reflecting a rise of about 41.2%[66]. - The current liabilities rose significantly to HKD 112,801,000 from HKD 75,754,000, indicating an increase of approximately 48.9%[62]. - The company reported a profit of HKD 1,609,000 for the period, with total equity amounting to HKD 64,194,000 as of September 30, 2024, down from HKD 68,761,000 as of March 31, 2024[64]. - The company’s total liabilities increased to HKD 48,632,000 from HKD 54,259,000, indicating a decrease of about 10.0%[62]. Employee and Management - As of September 30, 2024, the group employed 153 staff, an increase from 140 staff as of March 31, 2024, with approximately 54.2% being frontline employees[31]. - Employee costs, including director remuneration, increased to HKD 25,642,000 for the six months ended September 30, 2024, compared to HKD 19,516,000 in 2023, reflecting a rise of 31.5%[95]. - Total remuneration for directors and other key management personnel amounted to HKD 1,008,000 for the six months ended September 30, 2024, up from HKD 948,000 in the previous year, representing a 6.3% increase[126]. - Short-term employee benefits for key management personnel increased to HKD 984,000 from HKD 906,000, reflecting a growth of 8.6%[126]. Market Outlook - The company remains cautiously optimistic about future growth despite challenges from global economic uncertainties and geopolitical tensions[16]. - The group anticipates continued growth in travel demand despite global economic challenges and geopolitical tensions, maintaining a cautiously optimistic outlook[31]. Shareholder Information - As of September 30, 2024, the group’s major shareholders, Mr. Ko and Mrs. Ko, collectively hold 72.74% of the issued share capital[36]. - Major shareholder Gao Xuan holds 356,715,000 shares, representing 69.96% of the issued share capital[51]. - The company has adopted a share option scheme on September 6, 2011, to reward employees and attract talent, with options granted for a total of 31 million shares[44]. Miscellaneous - The company has no outstanding bank borrowings as of September 30, 2024[26]. - The group recorded a foreign exchange loss of approximately HKD 301,000 for the period, compared to a loss of HKD 1.3 million in 2023[30]. - The company has not purchased, sold, or redeemed any of its listed securities during the six months ending September 30, 2024[33]. - The company has decided not to declare an interim dividend for the six months ended September 30, 2024, consistent with the previous period[106].
专业旅运(01235) - 2025 - 中期财报