Financial Performance - Total customer sales from continuing operations amounted to HKD 296.7 million, a decrease of 4.5% compared to HKD 310.6 million in the same period last year[5]. - Revenue from continuing operations was HKD 148.0 million, an increase of 29.3% from HKD 114.5 million in the previous year[5]. - The loss attributable to owners from continuing operations was HKD 0.4 million, compared to a profit of HKD 3.0 million in the same period last year[5]. - The loss per share attributable to owners from continuing operations was HKD 0.1 cents, down from a profit of HKD 0.6 cents in the previous year[5]. - Total comprehensive loss for the period was HKD 571,000, compared to a total comprehensive income of HKD 2.481 million in the previous year[7]. - The group reported a profit of HKD 2,767,000 from continuing operations, slightly up from HKD 2,730,000 in the previous year[17]. - The group's profit from continuing operations for the same period was HKD 2,767,000, compared to HKD 2,730,000 in 2024, indicating a slight increase of 1.4%[18]. Revenue and Sales - Revenue from travel-related services for the six months ended September 30, 2025, was HKD 148,026,000, an increase of 29.3% compared to HKD 114,490,000 for the same period in 2024[13]. - Sales from travel packages reached HKD 124,149,000, up 48% from HKD 84,036,000 in the previous year[13]. - Total revenue, including other income, amounted to HKD 151,929,000, representing a 25.7% increase from HKD 120,837,000 in the prior year[13]. - Travel group sales revenue increased by 47.7% to approximately HKD 124.1 million for the six months ended September 30, 2025, compared to HKD 84.0 million for the same period in 2024[35]. - Gross profit from travel group sales rose by 64.2% to approximately HKD 19.0 million, up from HKD 11.6 million in the previous year[35]. - Revenue from travel-related products decreased by 21.6% to approximately HKD 23.9 million, down from HKD 30.5 million for the same period in 2024[36]. Assets and Liabilities - Non-current assets decreased to HKD 18.964 million from HKD 20.068 million as of March 31, 2025[8]. - Current assets increased to HKD 178.742 million from HKD 141.787 million as of March 31, 2025[8]. - Total liabilities increased to HKD 134.534 million from HKD 92.755 million as of March 31, 2025[9]. - Equity attributable to owners decreased to HKD 60.523 million from HKD 65.173 million as of March 31, 2025[9]. - The total assets of the group as of September 30, 2025, amounted to HKD 197,706,000, up from HKD 161,855,000 in 2024, reflecting a growth of 22.1%[18]. - The total liabilities increased to HKD 137,183,000 as of September 30, 2025, compared to HKD 96,682,000 in 2024, marking an increase of 42.0%[18]. Expenses and Costs - Employee costs, including director remuneration, rose to HKD 28,725,000 for the six months ended September 30, 2025, from HKD 25,642,000 in 2024, an increase of 8.1%[21]. - Administrative and other operating expenses for the period were approximately HKD 18.8 million, an increase of 9.9% compared to HKD 17.1 million in the same period last year, primarily due to increased employee costs for logistics support staff[41]. - Sales and distribution costs increased by 11.9% to approximately HKD 28.2 million, compared to HKD 25.2 million in the previous year[39]. Dividends and Shareholder Returns - The board has resolved not to declare an interim dividend for the six months ended September 30, 2025, consistent with the previous year[5]. - The group did not declare an interim dividend for the six months ended September 30, 2025, consistent with the previous year[27]. - The group reported a basic loss per share of HKD 0.79 for the six months ended September 30, 2025, compared to a profit of HKD 5.80 per share in 2024[26]. Operational Developments - The company opened two new flagship stores in high-traffic retail areas to support sales growth and enhance customer reach[34]. - The company confirmed the recognition of right-of-use assets for new leases amounting to approximately HKD 2,608,000, with no prior year recognition[10]. - The company has restructured its internal reporting framework, resulting in changes to the composition of reportable segments[16]. Market Outlook and Strategy - The group expects continued growth in travel demand, while maintaining a cautiously optimistic outlook due to ongoing global economic challenges and geopolitical tensions[52]. - The company plans to launch a new brand "尊業旅遊" to offer cost-effective travel products aimed at expanding its customer base and revenue sources[52]. - The group will continue to invest resources in developing more diverse experiential travel products to meet customer preferences and market trends[52]. - The group will enhance promotional activities and leverage popular social media platforms to improve brand image and awareness[52]. Cash Flow and Financial Position - Operating cash inflow for the period was approximately HKD 53.4 million, compared to HKD 36.3 million for the six months ended September 30, 2024[43]. - As of September 30, 2025, the group had cash and cash equivalents totaling approximately HKD 135.9 million, up from HKD 90.7 million as of March 31, 2025[43]. - As of September 30, 2025, the group had no outstanding bank borrowings, maintaining a debt ratio of zero[44]. Foreign Exchange and Interest - Interest income from bank deposits was HKD 851,000, down 47.4% from HKD 1,613,000 in the previous year[13]. - The group experienced a net foreign exchange loss of HKD 1,791,000 for the six months ended September 30, 2025, compared to a gain of HKD 301,000 in 2024[21]. - The group recorded foreign exchange gains of approximately HKD 1.8 million during the period, compared to foreign exchange losses of approximately HKD 301,000 in 2024[50]. - The interest expense on lease liabilities for continuing operations was HKD 322,000 for the six months ended September 30, 2025, down from HKD 408,000 in 2024, a decrease of 21.1%[23]. Trade Receivables and Payables - Trade receivables aged analysis showed a total of HKD 5,381,000 as of September 30, 2025, down from HKD 5,543,000 as of March 31, 2025[29]. - Trade payables aged analysis indicated a total of HKD 25,035,000 as of September 30, 2025, slightly down from HKD 25,832,000 as of March 31, 2025[30].
专业旅运(01235) - 2026 - 中期业绩