Financial Performance - Revenue for the six months ended September 30, 2025, was HKD 48,172,000, a decrease of 4.8% compared to HKD 50,571,000 for the same period in 2024[3] - Gross profit for the same period was HKD 36,260,000, down 12.5% from HKD 41,572,000 year-on-year[3] - Operating loss for the six months was HKD 16,760,000, an improvement from a loss of HKD 21,101,000 in the previous year[3] - Loss before tax decreased to HKD 18,824,000 from HKD 23,943,000, reflecting a 21.5% improvement[3] - The company reported a net loss of HKD 18,583,000, compared to a net loss of HKD 23,610,000 in the prior year, indicating a 21.4% reduction in losses[3] - Total comprehensive expenses for the period amounted to HKD 20,313,000, compared to HKD 18,696,000 in the previous year[5] - The basic loss per share for the period was HKD 0.06, compared to HKD 0.08 in the previous year[5] Assets and Liabilities - The company’s total assets less current liabilities stood at HKD 375,138,000 as of September 30, 2025, down from HKD 393,354,000 as of March 31, 2025[6] - The company’s net asset value was HKD 297,159,000, a decrease from HKD 317,472,000 as of March 31, 2025[6] - Accounts receivable as of September 30, 2025, totaled HKD 4.782 million, down from HKD 5.584 million as of March 31, 2025[18] - The group's current liabilities net amount was HKD 68,000,000 as of September 30, 2025, compared to HKD 67,000,000 as of March 31, 2025[41] - The capital debt ratio was approximately 35.3% as of September 30, 2025, up from 31.1% as of March 31, 2025[41] - As of September 30, 2025, the group's cash and bank deposits totaled approximately HKD 9,000,000, an increase from HKD 5,000,000 as of March 31, 2025[40] - The group secured total bank financing of approximately HKD 89,000,000 as of September 30, 2025, compared to HKD 86,000,000 as of March 31, 2025[40] Revenue Breakdown - The company’s revenue from Hong Kong operations was HKD 32,169,000, up 9.1% from HKD 29,394,000 in the previous year[11] - Revenue from Hong Kong operations increased by 9% year-on-year to approximately HKD 32.2 million, while revenue from mainland China decreased by 26% to approximately HKD 9.7 million[23] - Overall revenue for the group decreased by 5% year-on-year to approximately HKD 48.2 million, with a gross profit margin of 75.3%, down from 82.2% in the previous fiscal year[23] - The group's revenue in Macau decreased by 17% year-on-year to approximately HKD 3,834,000 due to a decline in purchasing power among mainland Chinese tourists[36] - Revenue from the group's Taiwan operations fell by 28% year-on-year to approximately HKD 2,497,000, accounting for about 5% of total revenue[37] - The revenue for the mainland China business decreased by 26% year-on-year to HKD 9,672,000[33] Store Operations - The company closed three underperforming stores in mainland China while opening four new stores, including a MOISELLE counter in Shanghai[34] - The number of retail stores in Hong Kong and mainland China increased from 31 to 32 between March 31, 2025, and September 30, 2025[29] - As of September 30, 2025, the group operated 12 retail stores in mainland China, up from 11 stores as of March 31, 2025[35] - The group employed 222 staff members as of September 30, 2025, down from 271 as of March 31, 2025[43] Strategic Initiatives - The group engaged in more frequent promotional activities and short-term sales events in Hong Kong and Macau to boost sales, including temporary retail locations in major shopping areas[24] - The group partnered with American Express to expand its customer base and enhance sales, offering shopping discounts to selected customers recommended by American Express[25] - The company is focusing on e-commerce and social media platforms to promote and sell products, leveraging cost-effective channels[28] - The company has established partnerships with four local e-commerce operators in mainland China to enhance its online sales[34] - The group plans to enhance its e-commerce operations and has appointed a specialized management team to improve efficiency in this area[38] - The group’s strategy includes adapting to market changes by focusing on design and sales that appeal to both younger and middle-aged customers[22] - The company is rebranding its MOISELLE line to appeal to younger consumers and a more vibrant middle-aged demographic[26] - The company is actively negotiating with landlords to reduce rental costs in Hong Kong due to the challenging economic environment[30] - The company is integrating environmental awareness and artistic elements into its retail store designs to enhance the shopping experience[27] - The company continues to sponsor artists on social media to promote its MOISELLE products and expand its quality customer base[31] Dividends - The group did not declare an interim dividend for the year ending March 31, 2026[17]
慕诗国际(00130) - 2026 - 中期业绩