Workflow
世界华文媒体(00685) - 2025 - 年度业绩
00685MEDIA CHINESE(00685)2025-05-28 10:09

Financial Performance - For the fiscal year ending March 31, 2025, the company reported total revenue of 157.531million,anincreaseof7.7157.531 million, an increase of 7.7% compared to 147.018 million for the previous year[3]. - The cost of goods sold was 117.916million,upfrom117.916 million, up from 109.130 million, resulting in a gross profit of 39.615million,whichisa32.839.615 million, which is a 32.8% increase from 29.824 million[3]. - The company recorded a net loss of 8.525millionfortheyear,animprovementfromanetlossof8.525 million for the year, an improvement from a net loss of 13.631 million in the previous year, indicating a reduction in losses by 37.5%[3]. - Earnings per share (EPS) for the year was reported at a loss of 0.46,comparedtoalossof0.46, compared to a loss of 0.76 in the previous year, reflecting a 39.5% improvement[3]. - The company’s other income increased to 7.006millionfrom7.006 million from 5.885 million, marking a growth of 19.0%[3]. - Selling and administrative expenses were 27.026million,slightlydownfrom27.026 million, slightly down from 27.507 million, showing a decrease of 1.7%[3]. - The company reported a total comprehensive loss of 8,525,000fortheyearendingMarch31,2025,comparedtoalossof8,525,000 for the year ending March 31, 2025, compared to a loss of 13,631,000 for the previous year, representing a 37.5% improvement[4]. - For the fiscal year ending March 31, 2025, the total revenue from the publishing and printing segment was 102.725million,withadvertisingrevenuecontributing102.725 million, with advertising revenue contributing 64.371 million[14]. - The travel and related services segment generated revenue of 54.806million,indicatingasignificantcontributiontotheoverallrevenue[14].Thegroupreportedapretaxlossof54.806 million, indicating a significant contribution to the overall revenue[14]. - The group reported a pre-tax loss of 7.463 million for the fiscal year, with a net loss of 8.525million[14].Thegroupspretaxprofitfromthepublishingandprintingsegmentwas8.525 million[14]. - The group’s pre-tax profit from the publishing and printing segment was 1.836 million, while the North America segment reported a pre-tax loss of 2.849million[14].Thegroupreportedapretaxlossof2.849 million[14]. - The group reported a pre-tax loss of 13,597 thousand for the year, with a net annual loss of 13,631thousand[15].AssetsandLiabilitiesThecompanystotalassetsincreasedto13,631 thousand[15]. Assets and Liabilities - The company's total assets increased to 138,360,000 as of March 31, 2025, up from 134,501,000inthepreviousyear,indicatingagrowthof2.7134,501,000 in the previous year, indicating a growth of 2.7%[5]. - The company's cash and cash equivalents stood at 68,610,000 as of March 31, 2025, compared to 68,103,000inthepreviousyear,reflectingaslightincreaseof0.768,103,000 in the previous year, reflecting a slight increase of 0.7%[5]. - The company’s total liabilities decreased to 73,370,000 from 64,668,000,showinganincreaseof13.264,668,000, showing an increase of 13.2% year-over-year[5]. - The company’s retained earnings were reported at 173,920,000 for the year ending March 31, 2025, down from 185,335,000inthepreviousyear,adeclineof6.1185,335,000 in the previous year, a decline of 6.1%[6]. - The company’s total equity attributable to shareholders was 122,264,000 as of March 31, 2025, compared to 126,640,000inthepreviousyear,adecreaseof3.5126,640,000 in the previous year, a decrease of 3.5%[6]. - The company reported a significant increase in short-term bank deposits, which rose to 36,997,000 from 27,421,000,markingagrowthof34.827,421,000, marking a growth of 34.8%[5]. - The company’s total liabilities as of March 31, 2024, were 69,871 thousand, with segment liabilities of 65,169thousand[19].OperationalEfficiencyandFuturePlansThecompanyplanstofocusonexpandingitsmarketpresenceanddevelopingnewproductsintheupcomingfiscalyear[3].Thecompanyaimstoenhanceoperationalefficiencyandreducecostsfurtherinthenextfiscalyear[3].Futureguidancesuggestsacontinuedfocusonrevenuegrowthandstrategicinvestmentsintechnology[3].Thecompanyisactivelyinvestinginnewtechnologiesandproductdevelopmenttoimproveitscompetitivepositioninthemarket[21].ThegroupplanstoexpanditspremiumtravelproductofferingsintoASEANmarketsandEuropeancruisedestinations[55].Thegroupisleveragingartificialintelligencetoimproveproductivityandaudienceengagement,withanotableinnovationbeingthelaunchoftheAIdigitalpersona"Aido"for"Baige"[56].Thegroupplanstofocusondigitaltransformationandprudentexecutiontoenhanceprofitabilityandensuresustainablegrowth[59].ShareholderInformationThecompanydeclaredaninterimdividendof65,169 thousand[19]. Operational Efficiency and Future Plans - The company plans to focus on expanding its market presence and developing new products in the upcoming fiscal year[3]. - The company aims to enhance operational efficiency and reduce costs further in the next fiscal year[3]. - Future guidance suggests a continued focus on revenue growth and strategic investments in technology[3]. - The company is actively investing in new technologies and product development to improve its competitive position in the market[21]. - The group plans to expand its premium travel product offerings into ASEAN markets and European cruise destinations[55]. - The group is leveraging artificial intelligence to improve productivity and audience engagement, with a notable innovation being the launch of the AI digital persona "Aido" for "Baige"[56]. - The group plans to focus on digital transformation and prudent execution to enhance profitability and ensure sustainable growth[59]. Shareholder Information - The company declared an interim dividend of 0.10 per share for the fiscal year ending March 31, 2025, down from 0.15pershareinthepreviousyear[30].ThetotalamountofinterimdividendsdeclaredforthefiscalyearendingMarch31,2024,was0.15 per share in the previous year[30]. - The total amount of interim dividends declared for the fiscal year ending March 31, 2024, was 2,531,000, which was paid on July 9, 2024[32]. - A mid-term dividend of 0.10 USD per ordinary share will be paid on July 8, 2025, with share transfer procedures suspended on June 18, 2025[71]. - The group repurchased a total of 57,567,300 shares at an approximate total cost of $1,086,000 during the fiscal year ending March 31, 2025[66]. - A total of 50,927,300 shares were repurchased on the Malaysia Securities Exchange for a total cost of 6,559,958 MYR (approximately 1,455,000 USD)[68]. - 31,222,600 shares repurchased have been canceled as of August 6, 2024, while the remaining 19,704,700 shares will be held as treasury shares until March 31, 2025[68]. - On the Hong Kong Stock Exchange, 6,640,000 shares were repurchased for a total cost of 1,328,846 HKD (approximately 171,000 USD)[68]. Corporate Governance - The company has adopted the highest standards of corporate governance according to the Malaysian and Hong Kong corporate governance codes[73]. - The board of directors has confirmed compliance with the Malaysian Securities Exchange Listing Rules and Hong Kong Listing Rules during the review period[75]. - The company is committed to maintaining good corporate governance standards and will continue to assess compliance with the Malaysian corporate governance code[74]. - The company’s financial statements for the year ending March 31, 2025, have been reviewed by the auditors, but no audit opinion has been issued[76].