Financial Performance - Total revenue for the six months ended June 30, 2025, was HKD 11,712,000, an increase of 4.9% compared to HKD 11,168,000 for the same period in 2024[5] - The company reported a pre-tax profit of HKD 7,640,000, a significant recovery from a loss of HKD 23,194,000 in the previous year[5] - Net profit attributable to the owners of the company for the period was HKD 6,794,000, compared to a loss of HKD 18,552,000 in the same period last year[7] - Basic and diluted earnings per share increased to HKD 1.63 from a loss of HKD 4.44 in the previous year[7] - For the six months ended June 30, 2025, the profit was 6,794 thousand HKD, compared to a loss of 18,552 thousand HKD for the same period in 2024, indicating a significant turnaround in performance[30] - The group recorded a net profit of approximately HKD 6,800,000, a significant improvement from a net loss of approximately HKD 19,400,000 in the previous year[52] Assets and Liabilities - The company’s total assets as of June 30, 2025, were HKD 354,992,000, up from HKD 342,653,000 at the end of 2024[8] - The company’s total assets increased to HKD 412,964,000 as of June 30, 2025, compared to HKD 406,232,000 at the end of 2024, marking a growth of about 1.9%[23] - The company’s total liabilities remained relatively stable at HKD 34,683,000 as of June 30, 2025, compared to HKD 34,745,000 at the end of 2024[23] - The company’s total liabilities for accounts payable to clearing houses and brokers as of June 30, 2025, were 21,791 thousand HKD, compared to 21,332 thousand HKD as of December 31, 2024[37] - The debt-to-asset ratio was 0.7% as of June 30, 2025, compared to 1.0% at the end of 2024[55] Cash Flow and Expenses - The company generated a net cash outflow from operating activities of HKD 4,232,000 in 2025, an improvement from HKD 24,106,000 in 2024[11] - Cash and cash equivalents decreased to HKD 76,351,000 as of June 30, 2025, down from HKD 79,578,000 at the end of June 2024, reflecting a reduction of approximately 4.4%[11] - Cash and bank balances as of June 30, 2025, were approximately HKD 76,400,000, down from HKD 80,900,000 at the end of 2024[55] - Administrative expenses remained relatively stable at HKD 6,555,000 compared to HKD 6,526,000 in the previous year[5] - The employee cost was approximately HKD 3,700,000, an increase from HKD 3,300,000 in the previous year[57] Revenue Segments - The company’s financial services segment reported revenue of HKD 7,789,000 in 2025, up from HKD 6,920,000 in 2024, reflecting a growth of approximately 12.5%[21] - The total revenue for the securities brokerage segment was approximately 7,800,000 HKD, an increase from 6,900,000 HKD in the same period of 2024, representing a growth of about 12.99%[45] - The total revenue from the lending business for the six months ended June 30, 2025, was 39.1 million HKD in outstanding personal loans, down from 42.0 million HKD in 2024[48] - The brokerage services revenue for the six months ended June 30, 2025, was 607 thousand HKD, nearly unchanged from 608 thousand HKD in 2024[43] - The group recorded loan interest income of approximately HKD 3,700,000, accounting for about 31.3% of total revenue during the period[49] Corporate Governance and Compliance - The company has adhered to the corporate governance code as per GEM Listing Rules Appendix C1 for the six-month period ending June 30, 2025[69] - The audit committee, composed solely of independent non-executive directors, has reviewed the unaudited financial results for the six months ending June 30, 2025, and confirmed compliance with applicable accounting standards[71] - There have been no changes in director information that require disclosure under GEM Listing Rules after the date of the 2024 annual report[70] Other Information - The company did not recommend any interim dividend for the six months ended June 30, 2025, consistent with the previous year[32] - The company has not reported any inter-segment sales during the period, consistent with the previous year[21] - The company has no significant capital commitments as of June 30, 2025[39] - There were no related party transactions conducted by the company for the six months ended June 30, 2025[40] - The group has no significant acquisitions or disposals to disclose during the reporting period[56] - The board plans to continue developing existing businesses while actively exploring new business areas and investment opportunities[54]
树熊金融集团(08226) - 2025 - 中期业绩