Financial Performance - Revenue for the six months ended September 30, 2025, was HKD 46,076,000, a decrease of 27% compared to HKD 63,144,000 for the same period in 2024[3] - The company reported a profit from continuing operations of HKD 181,000 for the six months ended September 30, 2025, compared to a loss of HKD 10,463,000 in the same period of 2024[3] - Total comprehensive income for the period was HKD 316,000, a significant improvement from a loss of HKD 22,669,000 in 2024[5] - Basic and diluted earnings per share from continuing operations was HKD 0.02, compared to a loss of HKD 1.00 in the previous year[7] - The company recorded a net loss of HKD 16,588,000 during the period, contributing to a total comprehensive expense of HKD 22,165,000[9] - The company’s total comprehensive income for the period was HKD 316,000, compared to HKD 0 in the previous year[9] - For the six months ended September 30, 2025, the company's revenue from continuing operations decreased by approximately HKD 17,068,000 or 27.0% to about HKD 46,076,000 compared to the same period in 2024[53] - Operating profit from continuing operations decreased by approximately HKD 3,709,000 to about HKD 17,637,000, while the operating profit margin increased from 33.8% to 38.3%[55] Revenue Breakdown - The revenue from video conferencing and multimedia audio-visual solutions services was HKD 36,987,000, down 32% from HKD 54,102,000 in the previous year[16] - Revenue from video conferencing and multimedia audio-visual solutions decreased by approximately HKD 17,115,000 or 31.6% to about HKD 36,987,000 for the same period[53] - Revenue from external customers for the six months ended September 30, 2025, was HKD 46,076,000, a decrease of 27.1% compared to HKD 63,144,000 for the same period in 2024[20] Assets and Liabilities - Non-current assets decreased slightly to HKD 74,024,000 as of September 30, 2025, from HKD 75,583,000 as of March 31, 2025[8] - Current assets decreased to HKD 71,079,000 from HKD 75,910,000, with a notable reduction in inventory from HKD 3,315,000 to HKD 2,550,000[8] - Current liabilities decreased to HKD 25,841,000 from HKD 32,547,000, indicating improved liquidity management[8] - Total equity increased slightly to HKD 117,526,000 as of September 30, 2025, compared to HKD 117,210,000 as of March 31, 2025[8] - Trade receivables as of September 30, 2025, amounted to HKD 15,655,000, down from HKD 19,721,000 as of March 31, 2025[33] - Non-current assets in Hong Kong as of September 30, 2025, were HKD 73,044,000, slightly down from HKD 74,603,000 as of March 31, 2025[20] - Bank borrowings as of September 30, 2025, totaled HKD 8,191,000, down from HKD 10,239,000 as of March 31, 2025, representing a decrease of approximately 19.9%[40] Cash Flow and Liquidity - The company maintained a stable cash position with bank balances and cash increasing to HKD 50,520,000 from HKD 48,829,000[8] - The net cash generated from operating activities for the six months ended September 30, 2025, was HKD 3,660,000, a decline from HKD 8,324,000 in 2024[10] - The cash and cash equivalents at the end of the period increased to HKD 50,520,000 from HKD 41,427,000 in the previous year[10] - The group’s cash and cash equivalents as of September 30, 2025, were approximately HKD 50,520,000, up from HKD 48,829,000 as of March 31, 2025[64] Expenses and Costs - Employee costs for continuing operations decreased by approximately HKD 4,392,000 or 25.2% to about HKD 13,030,000 due to a reduction in the number of employees[56] - Operating expenses for continuing operations decreased by 48.1% from approximately HKD 5,519,000 for the six months ended September 30, 2024, to approximately HKD 2,863,000 for the six months ended September 30, 2025[59] - Interest expenses on bank borrowings for the six months ended September 30, 2025, were HKD 170,000, down 57.1% from HKD 396,000 in 2024[21] - The total income tax expense for the six months ended September 30, 2025, was HKD 4,000, significantly lower than HKD 243,000 in 2024[22] Shareholder Information - The company did not declare or recommend any dividends for the six months ended September 30, 2025, consistent with 2024[24] - The company has no unexercised options remaining under the share option plan as of September 30, 2025, following the expiration of all options granted under the plan[42] - The stock option plan adopted on May 11, 2015, will expire on May 2025, with no unexercised options remaining as of September 30, 2025[79] - The share award plan adopted on February 3, 2021, allows for a maximum of 150,000,000 shares to be granted, representing 15% of the issued share capital at the time of adoption[80] Corporate Actions and Events - The company completed the sale of its subsidiary for HKD 100,000, with total receivables of approximately HKD 36.2 million[29] - The company completed the sale of its entire equity interest in a subsidiary on August 30, 2024, resulting in a loss of approximately HKD 3,332,000[51] - The company incurred a foreign exchange loss of HKD 7,000, compared to a gain of HKD 277,000 in the same period last year[17] - There have been no significant events requiring disclosure since the end of the reporting period[87] Compliance and Governance - The audit committee, composed of three independent non-executive directors, has reviewed the unaudited consolidated results and confirmed compliance with applicable accounting standards and regulations[85] - The company maintains the required public float as per listing rules as of the announcement date[86]
超智能控股(01402) - 2026 - 中期业绩