Financial Performance - For the six months ended September 30, 2025, the company reported revenue of HKD 416,269,000, representing a 7.4% increase from HKD 387,301,000 in the same period of 2024[3] - Gross profit for the same period was HKD 142,161,000, up from HKD 123,546,000, indicating a growth of 15.0%[3] - Operating profit increased to HKD 42,795,000, compared to HKD 36,926,000 in the previous year, reflecting a rise of 15.4%[3] - Profit before tax for the period was HKD 39,720,000, an increase from HKD 34,644,000, marking a growth of 14.0%[3] - The company reported a net profit of HKD 39,720,000, compared to HKD 37,044,000 in the prior year, which is an increase of 4.5%[4] - Basic and diluted earnings per share rose to HKD 4.37 from HKD 4.07, representing a 7.4% increase[4] - Total revenue for the six months ended September 30, 2025, was HKD 416,269,000, representing an increase of 7.5% compared to HKD 387,301,000 for the same period in 2024[17] - Revenue from gold jewelry, jewelry, watches, and gift retail was HKD 363,431,000, up from HKD 341,151,000, reflecting a growth of 6.4%[17] - Retail business revenue increased by HKD 28.5 million or 7.4% to HKD 415.7 million, despite a challenging economic environment in Hong Kong and mainland China[33] - The overall same-store sales for gold, jewelry, and watch businesses grew by 11.2% during the period[35] - Gross profit margin improved from 31.9% to 34.2%, primarily due to better performance in the jewelry business and rising gold prices[35] Assets and Liabilities - Total assets as of September 30, 2025, amounted to HKD 1,082,182,000, up from HKD 1,006,656,000, indicating a growth of 7.5%[5] - Inventory increased significantly to HKD 498,370,000 from HKD 420,218,000, reflecting a rise of 18.6%[5] - The company's cash and cash equivalents rose to HKD 340,534,000, compared to HKD 276,773,000, marking a substantial increase of 23.1%[5] - Trade receivables as of September 30, 2025, were HKD 7.463 million, compared to HKD 13.887 million as of March 31, 2025[28] - The total lease liabilities present value as of September 30, 2025, was HKD 53.783 million, compared to HKD 55.508 million as of March 31, 2025[27] Dividends and Taxation - The group declared a final dividend of HKD 0.026 per ordinary share for the year 2024/25, totaling HKD 23,642,000, consistent with the previous year[22] - The board declared an interim dividend of HKD 0.4 per share for the six months ended September 30, 2025, consistent with the previous year[30] - The group has no provisions for Hong Kong profits tax for the six months ended September 30, 2025, due to sufficient prior tax losses to offset estimated taxable profits[21] Governance and Compliance - The company has complied with all provisions of the corporate governance code as of September 30, 2025, except for specified deviations[38] - The company's auditor, Hong Kong Li Xin De Hao Accounting Firm, reviewed the unaudited interim consolidated financial statements for the six months ending September 30, 2025[38] - The board of directors has not established a formal dividend policy or predetermined dividend rate, considering various factors for future dividend announcements[39] - The financial data for the year ending March 31, 2025, included in the interim results announcement does not constitute the statutory annual consolidated financial statements[40] - The auditor's report on the financial statements was unqualified, with no emphasis of matter or reservations noted[40] - The company submitted its financial statements for the year ending March 31, 2025, to the Companies Registry as required by the Hong Kong Companies Ordinance[40] - The board of directors includes both executive and non-executive members, ensuring a diverse governance structure[41] Other Income and Expenses - Other income for the six months ended September 30, 2025, totaled HKD 9,172,000, a decrease from HKD 10,511,000 in the same period of 2024[18] - The pre-tax profit for the six months ended September 30, 2025, included a cost of sales of HKD 273,329,000, compared to HKD 263,183,000 for the same period in 2024[20] - The group recognized a right-of-use asset adjustment of HKD 19,504,000 for the six months ended September 30, 2025, compared to HKD 16,624,000 for the same period in 2024[26] - The group reported net foreign exchange losses of HKD 270,000 for the six months ended September 30, 2025, down from HKD 819,000 in the same period of 2024[19] Future Plans - The company has maintained its commitment to developing new products and expanding market presence, although specific details were not disclosed in the financial report[7] - The group plans to continue investing in design and craftsmanship to meet customer preferences for high-quality jewelry and gold products[36] - The group did not purchase, sell, or redeem any of its shares during the six months ended September 30, 2025[37]
景福集团(00280) - 2026 - 中期业绩