Financial Performance - The group's revenue for the year ended December 31, 2024, was approximately HKD 40.84 million, compared to HKD 16.73 million for the year ended December 31, 2023, representing a growth of 143%[3] - The loss attributable to owners for the year ended December 31, 2024, was approximately HKD 2.48 million, a decrease from a loss of HKD 3.93 million in the previous year, indicating an improvement of 37%[3] - The company reported a basic and diluted loss per share of HKD 0.087 for the year ended December 31, 2024, compared to HKD 0.422 in the previous year, showing a reduction in loss per share[4] - The company recorded a total segment loss before tax of HKD 2,477,000 for the year ended December 31, 2024, compared to a loss of HKD 3,928,000 in 2023, showing an improvement[15] - The group reported a loss attributable to owners of approximately HKD 2.48 million, a decrease of about 36.9% from a loss of HKD 3.93 million in 2023[39] Revenue Breakdown - Revenue from corporate finance advisory and asset management services was HKD 15,259,000, down from HKD 16,200,000 in 2023, a decrease of 5.8%[15] - The network gaming business generated revenue of HKD 20,670,000 in 2024, with no revenue reported in 2023, indicating a new revenue stream[15] - The automotive leasing business reported revenue of HKD 4,421,000, up from HKD 53,000 in 2023, reflecting a substantial growth[15] - Revenue from external customers in Hong Kong was HKD 40,775,000 in 2024, compared to HKD 15,261,000 in 2023, marking a growth of 167%[18] - The network gaming segment contributed HKD 20.67 million to the total revenue, with five games generating revenue for the first time, compared to zero in the previous year[38] Assets and Equity - Non-current assets increased significantly to HKD 49.23 million as of December 31, 2024, from HKD 13.67 million as of December 31, 2023, reflecting a growth of 260%[5] - The total equity of the company reached HKD 74.75 million as of December 31, 2024, up from HKD 24.58 million in the previous year, representing a growth of 204%[5] - The total assets of the group increased to approximately HKD 92.70 million as of December 31, 2024, up from approximately HKD 42.76 million in 2023[40] - The net asset value of the group was approximately HKD 74.75 million, compared to approximately HKD 24.58 million in the previous year[40] Share Capital and Dividends - The board of directors did not recommend the payment of a final dividend for the year ended December 31, 2024[3] - The company issued new shares, increasing its share capital to HKD 53.76 million as of December 31, 2024, from HKD 8.96 million in the previous year[6] - The company did not recommend the payment of a final dividend for the years ended December 31, 2024, and 2023[26] Business Expansion - The company expanded its business operations in the automotive leasing and online gaming sectors during the year ended December 31, 2024[7] - The company has expanded its operations to include a new segment in automotive leasing and network gaming, increasing the number of operating segments from three to four[14] - The automotive leasing business expanded in the Greater Bay Area, with a fleet of eight luxury vehicles successfully rented out by December 31, 2024[31] - The company plans to focus on expanding its car rental business in the Greater Bay Area, anticipating increased demand due to government policies[55] Financial Management - The company incurred interest expenses of HKD 1,491,000 in 2024, a significant increase from HKD 402,000 in 2023[5] - The company recorded a depreciation expense of HKD 7,239,000 for owned properties and equipment in 2024, compared to HKD 587,000 in 2023[5] - The total employee costs for the year amounted to HKD 9.74 million, down from approximately HKD 10.24 million in 2023[48] - The company utilized available tax losses to offset taxable profits for the year, resulting in no provision for Hong Kong profits tax[20] Future Outlook - The company anticipates future revenue from customer contracts, although specific figures are not disclosed due to the nature of the contracts[13] - The management maintains a cautiously optimistic outlook for 2025, despite uncertainties in trade policies and geopolitical factors[54] - Future outlook includes potential growth opportunities in emerging markets[60] - The company is exploring new product development and technological advancements[60] - The group aims to enhance its online gaming business by obtaining additional licenses and building an internal team for game operations[55] Corporate Governance and Transparency - The board emphasizes the importance of corporate governance and compliance[60] - The company is committed to transparency and timely disclosure of financial information to stakeholders[60] - The financial results and performance metrics will be detailed in the upcoming reports[60] - The company plans to engage with investors to discuss performance and strategies[60]
紫荆国际金融(08340) - 2024 - 年度业绩