Financial Performance - For the six months ended September 30, 2025, the company's revenue was HKD 60,898,000, a decrease of 3.2% compared to HKD 62,916,000 for the same period in 2024[4] - Gross profit for the same period was HKD 30,347,000, reflecting a slight increase of 0.8% from HKD 30,099,000 in 2024[4] - The company's profit before tax decreased to HKD 8,755,000, down 23.9% from HKD 11,507,000 in the previous year[4] - Net profit attributable to the company's owners was HKD 7,484,000, a decline of 25.7% compared to HKD 10,061,000 in 2024[4] - Basic and diluted earnings per share were HKD 1.87, down from HKD 2.52 in the same period last year, representing a decrease of 25.8%[4] - Other income for the same period was HKD 904,000, significantly down from HKD 3,028,000 in 2024, primarily due to a decrease in bank interest income from HKD 1,262,000 to HKD 648,000[19] - The group reported a net profit of HKD 7,484,000 for the six months ended September 30, 2025, down from HKD 10,061,000 in 2024, reflecting a decline of 25.6%[25] - Basic and diluted earnings per share for the period were HKD 1.87, compared to HKD 2.52 for the same period in 2024[25] - The net profit after tax decreased by approximately 25.6% or about HKD 2,600,000 to approximately HKD 7,500,000 for the six months ended September 30, 2025[49] Cash Flow and Assets - Cash generated from operating activities increased to HKD 4,636,000, compared to HKD 3,437,000 in 2024, marking a growth of 34.8%[8] - Total assets as of September 30, 2025, were HKD 117,245,000, an increase from HKD 107,701,000 as of March 31, 2025[5] - The company's cash and cash equivalents at the end of the period were HKD 79,603,000, up from HKD 74,575,000 at the beginning of the period[8] - Non-current assets increased to HKD 17,074,000 from HKD 13,353,000, indicating a growth of 27.4%[5] - The company reported a net asset value of HKD 115,185,000, up from HKD 107,701,000, reflecting an increase of 6.9%[6] - Trade receivables as of September 30, 2025, amounted to HKD 44,761,000, an increase from HKD 28,909,000 as of March 31, 2025[27] - Trade and other payables were HKD 20,306,000 as of September 30, 2025, compared to HKD 18,646,000 as of March 31, 2025, indicating an increase of 8.9%[29] Employee and Operational Costs - The total employee costs, excluding directors' remuneration, were HKD 17,187,000, slightly down from HKD 17,547,000 in 2024[23] - The group employed 71 full-time staff as of September 30, 2025, with employee costs amounting to approximately HKD 23,000,000 for the reporting period[52] - The service costs decreased by approximately 7.1% to about HKD 30,600,000 from approximately HKD 32,800,000 for the same period in 2024[41] Dividends and Shareholder Information - The group did not recommend any dividend for the six months ended September 30, 2025, consistent with the previous year[24] - The group did not recommend any dividend for the six months ended September 30, 2025, consistent with the previous period[39] - As of September 30, 2025, Mr. Lin Jianyun and Mr. Fang Yongguang each hold 116,580,000 shares, representing approximately 29.1% of the issued share capital[61] - Mr. Yu Mingwei holds 580,000 shares, representing approximately 0.1% of the issued share capital[61] - The company has not granted any share options as of September 30, 2025, and there are no unexercised options[67] - No shares were purchased, sold, or redeemed by the company or its subsidiaries during the six months ending September 30, 2025[68] - No major shareholders or other individuals have recorded interests in the company's shares as of September 30, 2025[65] - The company has the capacity to issue 40,000,000 shares under the share option plan, equivalent to 10% of the existing issued share capital[67] - The company does not have any provisions for preemptive rights in its articles of association[69] - The company maintained a minimum public float of at least 25% of its issued shares as of September 30, 2025[74] Governance and Compliance - The company has adopted the corporate governance code as per the listing rules and has complied with it during the reporting period[70] - There are no interests held by directors or controlling shareholders in any competing businesses as of September 30, 2025[71] - All directors confirmed compliance with the securities trading standards during the six months ending September 30, 2025[72] - The audit committee, established on March 23, 2016, consists of three independent non-executive directors and has reviewed the unaudited consolidated financial statements for the six months ending September 30, 2025[75] Future Outlook - The group has begun evaluating the impact of new and revised Hong Kong Financial Reporting Standards, which are expected to be adopted on their effective dates without significant impact on the interim financial statements[15] - The group has no significant investment or acquisition plans as of September 30, 2025[54]
优越集团控股(01841) - 2026 - 中期业绩