Financial Performance - The company reported unaudited consolidated financial results for the six months ending September 30, 2025, compared to the same period in 2024[11]. - The group's total revenue for the period was approximately HKD 35.3 million, an increase of about 31.7% from approximately HKD 26.8 million in the previous period[15]. - Revenue for the six months ended September 30, 2025, was HKD 35,293,000, representing a 31.5% increase from HKD 26,836,000 in the same period of 2024[55]. - Gross profit rose to approximately HKD 11.2 million, a 34.9% increase from approximately HKD 8.3 million, with a gross margin of about 31.7%[17]. - The group recorded a profit attributable to owners of approximately HKD 1.9 million, compared to a loss of approximately HKD 0.1 million in the previous period[22]. - Net profit attributable to owners for the period was HKD 1,851,000, a significant recovery from a loss of HKD 102,000 in the prior year[55]. - Basic and diluted earnings per share improved to HKD 0.19 compared to a loss of HKD 0.01 per share in the same period last year[55]. - The group employed a total of 31 full-time employees as of September 30, 2025, with employee benefit expenses amounting to approximately HKD 3.9 million, a decrease from approximately HKD 4.3 million in the previous period[27]. Revenue Breakdown - Home goods export business contributed approximately 92.4% to total revenue, with sales increasing from approximately HKD 24.8 million to about HKD 32.6 million[15][12]. - E-commerce sales performance was approximately HKD 1.5 million, a 15.4% increase from approximately HKD 1.3 million in the previous period, contributing about 4.2% to total revenue[13]. - Own brand product sales increased to approximately HKD 1.2 million, a 50% increase from approximately HKD 0.8 million in the previous period, contributing about 3.4% to total revenue[14]. - Revenue from Denmark increased to HKD 11,513,000, up 18.5% from HKD 9,715,000 in 2024[69]. - Revenue from the UK rose to HKD 8,532,000, reflecting a 28.0% increase from HKD 6,664,000 in the previous year[69]. - Major customer A contributed HKD 11,480,000 to total revenue, up 18.2% from HKD 9,715,000 in 2024[72]. Expenses and Profitability - Selling and distribution expenses increased to approximately HKD 4.7 million, a 20.5% increase from approximately HKD 3.9 million in the previous period[19]. - Administrative expenses decreased to approximately HKD 5.1 million from approximately HKD 5.7 million, primarily due to reduced employee and training costs[20]. - Operating profit turned positive at HKD 1,893,000 compared to an operating loss of HKD 91,000 in the previous year[55]. - The company reported a net cash inflow from operating activities of HKD 983,000, a decrease from HKD 1,445,000 in the prior year[60]. Assets and Liabilities - The group's total assets were approximately HKD 27.7 million, an increase from approximately HKD 23.7 million, while total equity was about HKD 20.9 million[25]. - Total assets increased to HKD 47,353,000 as of September 30, 2025, compared to HKD 43,343,000 as of March 31, 2025[56]. - Current assets rose to HKD 26,413,000, up from HKD 23,173,000 at the end of the previous reporting period[56]. - Trade receivables amounted to HKD 3,760,000 as of September 30, 2025, down from HKD 5,188,000 on March 31, 2025[82]. - Trade payables increased to HKD 2,490,000 as of September 30, 2025, from HKD 1,966,000 on March 31, 2025[88]. - The capital debt ratio increased from approximately 2.5% to about 10.6% due to an increase in lease liabilities and bank overdrafts[24]. Corporate Governance - The board of directors confirmed that the information provided in the announcement is accurate and complete, with no misleading or fraudulent elements[4]. - The company has a diverse board of directors, including independent non-executive members, which enhances corporate governance[9]. - The company has adopted corporate governance practices in line with GEM listing rules, although the roles of Chairman and CEO are held by the same individual[40]. - The audit committee, consisting of three independent non-executive directors, has reviewed the accounting policies and the interim report for the period[53]. - The company has established a code of conduct for directors regarding securities trading, ensuring compliance with GEM listing rules[42]. Compliance and Risk Management - The company is committed to adhering to the GEM listing rules, ensuring compliance with regulatory standards[7]. - The company emphasizes the importance of risk management, with a dedicated committee overseeing this aspect[9]. - The group closely monitors foreign exchange risks, as most transactions are denominated in HKD, RMB, and USD, but currently has no hedging policies in place[29]. - The company has not declared any interim dividends for the current period, consistent with the previous period[38]. - The group does not have any significant contingent liabilities as of September 30, 2025, consistent with the previous period[35]. Shareholder Information - As of September 30, 2025, the company has a significant shareholder, Hearthfire Limited, holding 611,250,000 shares, representing approximately 61.125% of total shares[43]. - Another major shareholder, Present Moment Limited, owns 86,250,000 shares, accounting for about 8.625% of total shares[48]. - No directors or major shareholders have any business interests that could directly or indirectly compete with the company's operations[51]. Other Financial Information - Government subsidies recognized during the period amounted to HKD 100,000, a decrease of 87.9% from HKD 826,000 in the previous year[67]. - Interest income for the period was HKD 166,000, down 39.6% from HKD 275,000 in the prior year[67]. - The company has not adopted any new or revised accounting standards that would significantly impact its financial performance or position[65]. - The group is currently assessing the impact of new accounting standards but has not identified any significant effects on its operating results[65]. - The company purchased property, plant, and equipment for approximately HKD 12,000,000 during the current period, compared to none in the previous period[80].
舍图控股(08392) - 2026 - 中期业绩