Revenue and Sales Performance - The group's total revenue for the period was approximately HKD 35.3 million, an increase of about 31.7% compared to approximately HKD 26.8 million in the previous period[10]. - The home goods export business contributed approximately 92.4% of the total revenue, with sales increasing from approximately HKD 24.8 million to about HKD 32.6 million[10]. - E-commerce sales for the period were approximately HKD 1.5 million, representing a growth of about 15.4% from approximately HKD 1.3 million in the previous period[11]. - The sales of the company's own brand products increased to approximately HKD 1.2 million, a rise of about 50% compared to approximately HKD 0.8 million in the previous period[12]. - Revenue from home goods sales increased to HKD 35,293,000 in 2025, up 31.5% from HKD 26,836,000 in 2024[65]. - Revenue from Denmark increased significantly to HKD 11,513,000 in 2025, up 18.5% from HKD 9,715,000 in 2024[67]. - Revenue from the United Kingdom rose to HKD 8,532,000 in 2025, an increase of 28.0% from HKD 6,664,000 in 2024[67]. - Revenue from major customers, including Customer A, B, and C, was HKD 11,480,000, HKD 5,447,000, and HKD 3,538,000 respectively for the six months ended September 30, 2025[70]. Profitability and Financial Performance - Gross profit rose to approximately HKD 11.2 million, an increase of about 34.9% from approximately HKD 8.3 million in the previous period[15]. - The gross profit margin improved to approximately 31.7%, up from about 30.7% in the previous period[15]. - The group recorded a profit attributable to owners of the company of approximately HKD 1.9 million, compared to a loss of approximately HKD 0.1 million in the previous period[12]. - The operating profit for the period was HKD 1,893,000, compared to an operating loss of HKD 91,000 in the previous year[53]. - The net profit attributable to the company's owners was HKD 1,851,000, a significant turnaround from a loss of HKD 102,000 in the prior year[53]. - Basic and diluted earnings per share for the period were HKD 0.19, compared to a loss per share of HKD 0.01 in 2024[53]. - The group reported a profit of approximately HKD 1,851,000 for the six months ended September 30, 2025, compared to a loss of HKD 102,000 in the previous period[75]. Expenses and Cost Management - The cost of sales increased by approximately 29.6% to about HKD 24.1 million, driven by an increase in sales orders[14]. - Sales and distribution expenses increased to approximately HKD 4.7 million, a rise of about 20.5% from approximately HKD 3.9 million, mainly due to higher advertising and promotional costs[17]. - Administrative expenses decreased from approximately HKD 5.7 million to about HKD 5.1 million, a reduction of approximately 10.5%, attributed to lower employee and training costs[18]. - Management compensation decreased to HKD 1,009 million for the six months ended September 30, 2025, down from HKD 1,334 million for the same period in 2024, reflecting a reduction of 24.3%[90]. Assets and Liabilities - Total assets as of September 30, 2025, were approximately HKD 27.7 million, an increase from about HKD 23.7 million as of March 31, 2025[23]. - The group's cash and bank balances were approximately HKD 12.8 million, up from about HKD 11.1 million as of March 31, 2025[21]. - The group's debt-to-equity ratio increased from approximately 2.5% to about 10.6% due to higher lease liabilities and bank overdrafts[22]. - Trade payables increased to HKD 2,490 million as of September 30, 2025, representing a 26.7% increase from HKD 1,966 million as of March 31, 2025[86]. - The total liabilities, including trade payables and other payables, reached HKD 4,493 million as of September 30, 2025, compared to HKD 3,999 million as of March 31, 2025, indicating a growth of 12.4%[86]. Cash Flow and Financial Position - Cash and cash equivalents at the end of the reporting period were HKD 12,839,000, up from HKD 11,069,000[54]. - The company reported a net increase in cash and cash equivalents of HKD 821,000 for the six months ended September 30, 2025, compared to HKD 1,238,000 in 2024, reflecting a decline of 33.7%[58]. - Net cash generated from operating activities for the six months ended September 30, 2025, was HKD 983,000, a decrease of 31.9% from HKD 1,445,000 in 2024[58]. - Cash and cash equivalents at the end of the period were HKD 11,736,000 in 2025, down 21.5% from HKD 14,889,000 in 2024[58]. Future Outlook and Strategic Focus - The company maintains a cautious outlook for the future, considering global economic challenges and trade tensions[12]. - The management is focused on expanding the customer base and enhancing product quality to strengthen competitiveness[12]. Shareholder Information and Governance - The company's issued share capital as of September 30, 2025, is HKD 10 million, divided into 1 billion shares at HKD 0.01 each, with no treasury shares held during the period[32]. - The chairman and CEO roles are currently held by the same individual, which the board believes aids in effective strategy implementation[38]. - The company has adopted a code of conduct for directors' securities trading, ensuring compliance with GEM listing rules[40]. - There were no significant competitive interests or conflicts of interest reported among directors or major shareholders[49]. - The group has not declared or proposed any dividends during the current and previous periods[77].
舍图控股(08392) - 2026 - 中期财报