华讯(00833) - 2025 - 中期业绩

Unaudited Interim Results Announcement This report presents the unaudited interim results, financial performance, and operational review for the six months ended June 30, 2025 Condensed Consolidated Statement of Profit or Loss For the six months ended June 30, 2025, Alltronics Holdings Limited reported revenue of HKD 613,594 thousand, a 16.3% increase year-on-year, with profit for the period at HKD 44,527 thousand, profit attributable to owners at HKD 40,982 thousand, and basic and diluted earnings per share at HKD 8.7 cents | Indicator | Six Months Ended June 30, 2025 (thousand HKD) | Six Months Ended June 30, 2024 (thousand HKD) | | :--- | :--- | :--- | | Revenue | 613,594 | 527,492 | | Cost of sales | (491,729) | (428,406) | | Gross profit | 121,865 | 99,086 | | Operating profit | 72,331 | 53,570 | | Profit before tax | 57,073 | 49,566 | | Profit for the period | 44,527 | 40,502 | | Profit attributable to owners of the Company | 40,982 | 36,131 | | Basic and diluted earnings per share (HK cents) | 8.7 | 7.6 | Condensed Consolidated Statement of Comprehensive Income For the six months ended June 30, 2025, the Group's total comprehensive income was HKD 52,974 thousand, a 19.3% increase from HKD 44,394 thousand in the prior period, primarily driven by exchange differences on translating foreign operations | Indicator | Six Months Ended June 30, 2025 (thousand HKD) | Six Months Ended June 30, 2024 (thousand HKD) | | :--- | :--- | :--- | | Profit for the period | 44,527 | 40,502 | | Exchange differences on translating foreign operations | 8,447 | 3,892 | | Total comprehensive income for the period | 52,974 | 44,394 | | Total comprehensive income attributable to owners of the Company | 49,519 | 39,784 | Condensed Consolidated Statement of Financial Position As of June 30, 2025, the Group's total assets increased to HKD 1,212,615 thousand from December 31, 2024, with net current assets rising to HKD 521,284 thousand and total equity to HKD 768,719 thousand | Indicator | June 30, 2025 (thousand HKD) | December 31, 2024 (thousand HKD) | | :--- | :--- | :--- | | Total non-current assets | 266,692 | 250,734 | | Total current assets | 945,923 | 928,843 | | Total current liabilities | 424,639 | 437,198 | | Net current assets | 521,284 | 491,645 | | Net assets | 768,719 | 729,937 | | Equity attributable to owners of the Company | 709,853 | 674,526 | | Total equity | 768,719 | 729,937 | Notes to the Condensed Consolidated Interim Financial Statements This section details the Group's background, financial statement preparation basis, accounting policy changes, operating segment information, financing costs, taxation, earnings per share, dividends, trade receivables and payables, contingent liabilities, and significant post-reporting period events 1 Company and Group Information Provides essential details about the company's incorporation, listing, primary business activities, and ultimate controlling party - The company was incorporated in the Cayman Islands on July 24, 2003, and listed on the Main Board of the Hong Kong Stock Exchange since July 15, 2005[8] - Primary business involves manufacturing and trading electronic products, plastic molds for electronic products, plastics, and other components[8] - The ultimate holding company is Profit International Holdings Limited, with Mr. Lam Yin Kee as the ultimate controlling party, owning 46.48% of the company's issued shares as of June 30, 2025[8] 2 Basis of Preparation Outlines the accounting standards and regulatory guidelines used for preparing the interim financial information - Financial information is prepared in accordance with Hong Kong Accounting Standard 34 'Interim Financial Reporting' issued by the HKICPA and the Listing Rules of the Stock Exchange[10] - Should be read in conjunction with the annual consolidated financial statements for the year ended December 31, 2024[10] 3 Changes in Accounting Policies and Disclosures Details the adoption of new and revised Hong Kong Financial Reporting Standards and their impact on the interim financial statements - Adopted the revised HKAS 21 'Lack of Exchangeability' effective January 1, 2025, which had no significant impact on the results and financial position for the current and prior periods[11][12] - New and revised HKFRSs (including HKFRS 18, HKFRS 19, etc.) issued but not yet effective are not expected to have a significant impact on the condensed consolidated interim financial statements[13][14] 4 Operating Segment Information Presents financial data segmented by business operations and geographical regions, highlighting key customer contributions - The Group has only one reportable segment, the electronic products segment; the biodiesel products segment and energy-saving business segment are combined and disclosed under the 'All Other Segments' category[16] Segment Revenue and Operating Profit | Indicator | Electronic Products (thousand HKD) | All Other (thousand HKD) | Total (thousand HKD) | | :--- | :--- | :--- | :--- | | Six Months Ended June 30, 2025 Segment Revenue (External Customer Sales) (thousand HKD) | 613,594 | – | 613,594 | | Six Months Ended June 30, 2025 Operating Profit/(Loss) Before Interest and Tax (thousand HKD) | 62,766 | (107) | 62,659 | | Six Months Ended June 30, 2024 Segment Revenue (External Customer Sales) (thousand HKD) | 527,492 | – | 527,492 | | Six Months Ended June 30, 2024 Operating Profit/(Loss) Before Interest and Tax (thousand HKD) | 57,628 | (139) | 57,489 | Geographical Revenue Breakdown | Region | Six Months Ended June 30, 2025 (thousand HKD) | Six Months Ended June 30, 2024 (thousand HKD) | | :--- | :--- | :--- | | United States | 426,104 | 322,730 | | Hong Kong | 36,731 | 48,611 | | Europe | 68,997 | 86,075 | | China | 63,504 | 55,424 | | Other Overseas Countries | 18,258 | 14,652 | | Total | 613,594 | 527,492 | - For the six months ended June 30, 2025, revenue from Customer A was HKD 320,753 thousand, while revenue from Customer B accounted for less than 10% of the Group's revenue (HKD 57,090 thousand in the corresponding period of 2024)[22][23] - Revenue primarily derives from the sale of industrial products and is recognized at a point in time when goods are transferred[24] 5 Finance Costs Summarizes the interest expenses incurred from bank borrowings, overdrafts, and lease liabilities for the reporting periods Finance Costs Breakdown | Finance Cost Type | Six Months Ended June 30, 2025 (thousand HKD) | Six Months Ended June 30, 2024 (thousand HKD) | | :--- | :--- | :--- | | Interest on bank loans and overdrafts | 5,620 | 6,936 | | Interest on lease liabilities | 632 | 763 | | Total Finance Costs | 6,252 | 7,699 | [6 Profit Before Tax](index=12&type=section&id=6%20Profit%20Before%20Tax