Financial Performance - For the six months ended March 31, 2025, the company reported revenue of HKD 36,689,000, a decrease of 11.5% compared to HKD 41,291,000 for the same period in 2024[12] - The total comprehensive loss for the period was HKD 11,349,000, down from HKD 15,421,000, representing a reduction of 26.5%[15] - Basic loss per share from continuing operations was HKD (25.31), improving from HKD (40.32) in the previous year[15] - The total loss for the period was HKD 11,307,000, compared to HKD 15,355,000, indicating a decrease of 26.5%[13] - The company reported a loss of HKD 8,920,000 for the period ending March 31, 2025, compared to a loss of HKD 15,177,000 in the previous period[20] - The company reported a total loss attributable to owners of HKD 11,261,000 for the six months ended March 31, 2025, compared to HKD 15,177,000 for the same period in 2024, indicating a 25.5% decrease in losses[49] Operational Efficiency - The administrative and other operating expenses decreased to HKD 46,722,000 from HKD 52,246,000, reflecting a reduction of approximately 10.5%[13] - The company is committed to improving operational efficiency and reducing costs in the upcoming periods[12] - The company incurred a segment loss of HKD 7,773,000 for the six months ended March 31, 2025, compared to a loss of HKD 8,340,000 in the same period last year[34][35] Assets and Liabilities - As of March 31, 2025, the total assets amounted to HKD 132,724,000, a decrease of 4.3% from HKD 138,321,000 as of September 30, 2024[18] - Total liabilities increased to HKD 37,573,000, up 27.1% from HKD 29,547,000, indicating a significant rise in financial obligations[16] - The company's equity attributable to owners decreased to HKD 127,871,000, down 3.3% from HKD 132,180,000[18] - The company's interest-bearing bank loans as of March 31, 2025, were HKD 15,164,000, down from HKD 16,322,000 as of September 30, 2024[69] Cash Flow - The net cash generated from operating activities for the six months ended March 31, 2025, was HKD 8,961,000, compared to a net cash used of HKD 11,738,000 in the same period last year[26] - Cash and cash equivalents increased by HKD 6,081,000 during the six months ended March 31, 2025, compared to a decrease of HKD 11,726,000 in the same period last year[26] - The company’s cash and cash equivalents at the end of the period were HKD 42,847,000, significantly up from HKD 8,867,000 at the end of the previous year[26] Revenue Breakdown - The licensed business segment generated revenue of HKD 6,280,000, while the non-licensed business segment generated HKD 30,409,000 for the six months ended March 31, 2025[34] - Revenue from non-licensed business consulting services increased significantly to HKD 6,626,000 in 2025 from HKD 1,685,000 in 2024[39] - Revenue from licensed business decreased by approximately HKD 7,800,000 or 55.3% to about HKD 6,300,000, primarily due to a decrease in placement and underwriting service revenue[86] - Revenue from non-licensed business increased by approximately HKD 3,200,000 or 11.8% to about HKD 30,400,000, mainly driven by an increase in business consulting service revenue[87] Shareholder Information - As of March 31, 2025, the total number of shares held by Mr. Li is 6,398,800, representing approximately 15.41% of the issued share capital[100] - Major shareholder Mr. Gan holds 7,416,000 shares, accounting for approximately 17.32% of the issued share capital[104] - The company’s issued and paid-up share capital increased to HKD 100,000,000 as of March 31, 2025, from HKD 20,000,000 as of October 1, 2023, following a share consolidation[70] Governance and Compliance - The company has adopted the corporate governance code as per GEM Listing Rules Appendix C1 and complied with all applicable code provisions during the period[112] - The audit committee, consisting of three independent non-executive directors, has reviewed the unaudited performance of the group for the period and confirmed compliance with applicable accounting standards and GEM Listing Rules[115] - The company has established an audit committee to oversee financial reporting, risk management, and internal control systems[115]
亦辰集团(08365) - 2025 - 中期业绩