Financial Performance - Revenue for the year ended March 31, 2025, was approximately HKD 102.1 million, a decrease of 16.0% compared to HKD 121.5 million for the year ended March 31, 2024[2] - Gross loss for the year ended March 31, 2025, was approximately HKD 7.5 million, compared to a gross profit of HKD 2.0 million for the year ended March 31, 2024[2] - The loss attributable to owners of the company for the year ended March 31, 2025, was approximately HKD 72.6 million, compared to HKD 90.4 million for the year ended March 31, 2024[2] - The company reported a basic loss per share of HKD 9.00 for the year ended March 31, 2025, compared to a loss per share of HKD 7.56 for the year ended March 31, 2024[4] - The total loss attributable to the owners of the company for the year ended March 31, 2025, was HKD (72,581,000), compared to HKD (90,417,000) in 2024, reflecting a reduction in losses[21] - Pre-tax loss for the year ending March 31, 2025, was approximately HKD 72.0 million, down from approximately HKD 90.2 million for the year ending March 31, 2024[55] Expenses - Sales and marketing expenses for the year ended March 31, 2025, were approximately HKD 23.3 million, down from HKD 35.4 million for the year ended March 31, 2024[2] - Administrative expenses for the year ended March 31, 2025, were approximately HKD 34.6 million, reduced from HKD 60.1 million for the year ended March 31, 2024[2] - The decrease in pre-tax loss and annual loss attributable to owners was mainly due to reduced marketing and administrative expenses related to the lifestyle consumer products business[55] Assets and Liabilities - Total non-current assets as of March 31, 2025, were approximately HKD 51.7 million, slightly increased from HKD 51.0 million as of March 31, 2024[5] - Total current assets as of March 31, 2025, were approximately HKD 198.5 million, down from HKD 227.5 million as of March 31, 2024[5] - Total liabilities as of March 31, 2025, were approximately HKD 235.7 million, compared to HKD 261.7 million as of March 31, 2024[6] - The net asset value attributable to owners of the company as of March 31, 2025, was approximately HKD 14.4 million, down from HKD 17.8 million as of March 31, 2024[6] - The group held cash and bank balances of approximately HKD 7.5 million as of March 31, 2025, down from HKD 9.7 million as of March 31, 2024[61] - As of March 31, 2025, the group's total borrowings amounted to approximately HKD 154.1 million, a decrease from HKD 171.9 million as of March 31, 2024[59] Revenue Breakdown - Revenue from renovation, extension, and building services accounted for 67.0% of total revenue in 2025, up from 46.4% in 2024[43] - The company reported a significant decrease in revenue from consumer products, dropping to HKD 6,984,000 in 2025 from HKD 18,054,000 in 2024, a decline of approximately 61.3%[26] - The revenue from the lifestyle consumer products business significantly decreased from approximately HKD 18.1 million to approximately HKD 7.0 million for the respective periods[50] Projects and Operations - The group is primarily engaged in construction and engineering services, property development and investment in Hong Kong and Japan, and the development and marketing of smart consumer products in mainland China[10] - The company has 1 ongoing project in building construction services, 24 in renovation and building services, and 8 in maintenance and restoration of historic buildings as of March 31, 2025[43] - The company has ongoing projects with contract values exceeding HKD 300 million, including residential development and historical building restoration[47] Corporate Governance - The company has established an audit committee to assist the board in reviewing financial information and internal controls[76] - The company has adopted the corporate governance code and has complied with the relevant provisions for the year ended March 31, 2025[72] Employee Information - As of March 31, 2025, the group had 65 employees, a decrease from 109 employees as of March 31, 2024, primarily due to a reduction in sales personnel related to consumer products[68] - Employee costs for the year ended March 31, 2025, amounted to approximately HKD 29.0 million, down from approximately HKD 51.7 million for the year ended March 31, 2024[68] Dividends and Shareholder Information - The company did not recommend the payment of dividends for the year ending March 31, 2025, consistent with the previous year[32] - The annual report for the year ended March 31, 2025, will be sent to shareholders and published on the company's website and the Hong Kong Stock Exchange website[78]
迪米生活控股(01667) - 2025 - 年度业绩