Financial Performance - Revenue for the six months ended September 30, 2025, was HKD 222,674,000, a decrease of 0.26% from HKD 224,248,000 in the same period of 2024[3] - Operating profit for the same period was HKD 8,594,000, compared to an operating loss of HKD 10,068,000 in 2024[4] - Net profit for the six months was HKD 6,946,000, a significant recovery from a net loss of HKD 16,125,000 in the previous year[7] - Basic and diluted earnings per share for the period were HKD 0.72, compared to a loss per share of HKD 1.80 in 2024[4] - Total comprehensive income for the period was HKD 8,547,000, compared to a total comprehensive loss of HKD 14,060,000 in the same period last year[6] - The pre-tax profit for the six months ended September 30, 2025, was HKD 6,544,000, compared to a loss of HKD 16,302,000 for the same period in 2024[30] Assets and Liabilities - Non-current assets as of September 30, 2025, amounted to HKD 190,027,000, down from HKD 198,393,000 as of March 31, 2025[8] - Current assets totaled HKD 371,770,000, an increase from HKD 366,066,000 in the previous period[8] - Total liabilities decreased to HKD 328,130,000 from HKD 352,290,000, indicating improved financial stability[9] - The company's equity increased to HKD 199,746,000 as of September 30, 2025, compared to HKD 191,199,000 at the end of March 2025[9] - Total assets as of September 30, 2025, were HKD 561.797 million, slightly down from HKD 564.459 million as of March 31, 2025[19] - The group’s total liabilities decreased to HKD 362.051 million as of September 30, 2025, from HKD 373.260 million as of March 31, 2025[19] Revenue Breakdown - Revenue from beauty and wellness services and sales of skincare and wellness products amounted to HKD 222,674,000 for the six months ended September 30, 2025, compared to HKD 224,248,000 for the same period in 2024, representing a decrease of 0.7%[24] - Revenue from beauty package expiration recognition was HKD 202,668,000, while sales of skincare and wellness products increased to HKD 20,006,000 from HKD 15,386,000, showing a growth of 30.5%[24] - Revenue for beauty and facial care services decreased by 5.2% to HKD 149,697,000 compared to HKD 157,891,000 in the same period last year[44] - Spa and massage revenue increased by 28.6% to HKD 9,502,000, up from HKD 7,391,000 year-on-year[44] - Product sales revenue rose by 30.0% to HKD 20,006,000, compared to HKD 15,386,000 in the previous year[44] Expenses and Costs - Employee benefits expenses decreased by 11.3% to HKD 131,325,000 from HKD 148,071,000 year-on-year, with total employees down by 6.9% to 791[46] - Advertising expenses decreased to HKD 839,000 from HKD 1,031,000 year-on-year, representing 0.4% of revenue[48] - The group incurred other income of HKD 5.590 million for the six months ended September 30, 2025, down from HKD 6.621 million in the same period of 2024[18] - Interest income for the six months ended September 30, 2025, was HKD 1.740 million, compared to HKD 2.161 million for the same period in 2024[18] - The group’s unallocated costs for the six months ended September 30, 2025, were HKD 13.925 million, slightly down from HKD 14.297 million in the same period of 2024[18] Strategic Initiatives - The company plans to continue expanding its beauty and wellness services, focusing on enhancing customer experience and product offerings in the upcoming fiscal year[22] - A strategic plan to integrate artificial intelligence into operations is underway, focusing on automating administrative and inventory management tasks to enhance accuracy and free up human resources for value-added activities[62] - The introduction of AI tools, such as chatbots and personalized recommendation systems, is expected to improve customer experience by providing instant support and tailored product suggestions[62] - The group aims to leverage the current macroeconomic trend of declining retail rents to negotiate better lease terms, potentially significantly reducing rental costs, which are a major operational expense[61] Governance and Compliance - The company adheres to good corporate governance principles to achieve stable management and enhance shareholder value[65] - The board of directors has established various committees, including the remuneration committee, nomination committee, and audit committee, to ensure effective governance[69][70][72][73] - The audit committee has reviewed and approved the group's financial statements for the review period[73] - The group regularly reviews its compensation policies to ensure compliance with legal regulations and market standards[58] Future Outlook - The group has a strong brand presence and customer base, contributing to management's confidence in future growth prospects[38] - The mid-term report will be published on December 23, 2025, or around that date, and will be available on the Hong Kong Stock Exchange website and the company's website[75]
现代健康科技(00919) - 2026 - 中期业绩