Financial Performance - Revenue for the six months ended September 30, 2025, was HKD 498,241,000, a decrease of 7.5% compared to HKD 538,745,000 for the same period in 2024[4] - The company reported a pre-tax profit of HKD 6,715,000, significantly lower than HKD 28,415,000 in the previous year, representing a decline of 76.4%[4] - Net profit attributable to shareholders for the period was HKD 3,981,000, down 82.5% from HKD 22,788,000 in the same period last year[4] - Basic and diluted earnings per share decreased to HKD 0.01 from HKD 0.06, a decline of 83.3%[4] - Revenue from product sales was HKD 359,658,000, a decrease of 5.7% compared to HKD 381,484,000 in the previous year[18] - Revenue from operational services decreased to HKD 115,054,000 from HKD 136,235,000, representing a decline of 15.6%[18] - The segment performance for the product business was HKD 7,066,000, a significant decline from HKD 34,411,000 in the previous year, indicating a decrease of 79.5%[22] - The total other income and gains for the six months ended September 30, 2025, was HKD 1,127,000, down from HKD 2,655,000 in 2024, a decrease of 57.6%[26] - Profit attributable to owners for the period was approximately HKD 3.98 million, a significant decline of about 82.5% from HKD 22.79 million in the previous year[69] Assets and Liabilities - Total assets as of September 30, 2025, were HKD 1,175,180,000, compared to HKD 1,207,629,000 as of March 31, 2025[5] - Current liabilities decreased to HKD 676,319,000 from HKD 702,563,000, a reduction of 3.7%[6] - The company's net asset value as of September 30, 2025, was HKD 480,547,000, down from HKD 486,485,000[6] - The company’s net current liabilities as of September 30, 2025, were HKD 454,076,000, indicating a stable financial position[14] - The group’s bank borrowings totaled HKD 588,178,000 as of September 30, 2025, compared to HKD 583,746,000 on March 31, 2025[43] - Cash and cash equivalents decreased to HKD 20,730,000 from HKD 29,100,000, reflecting a decline of 29.0%[11] Cash Flow - For the six months ended September 30, 2025, the net cash generated from operating activities was HKD 4,298,000, compared to a net cash used of HKD 20,361,000 in the same period of 2024[10] - The net cash generated from investing activities was HKD 29,005,000, a significant improvement from a net cash used of HKD 6,336,000 in the prior year[10] - The net cash used in financing activities was HKD 35,325,000, contrasting with a net cash generated of HKD 28,412,000 in the same period of 2024[11] Shareholder Information - The board declared no interim dividend for the period ending September 30, 2025, compared to an interim dividend of HKD 0.03 per share in the previous year[78] - The average number of ordinary shares for calculating basic and diluted earnings per share remained at 403,753,000 for both periods[33] - CKK Investment Limited holds 220,000,000 shares, representing approximately 54.49% of the company's issued shares[90] - Major shareholders include CKK Investment Limited, Amazing Gain Limited, and KW Cheung Family Holdings Limited, each holding 220,000,000 shares, equating to 54.49%[90] Operational Insights - The company plans to continue focusing on cost management and operational efficiency to improve future performance[4] - The company operates 69 retail stores in Hong Kong, providing a wide range of electronic products and consumer goods[58] - The outlook for the short-term business environment remains challenging due to potential economic instability and structural challenges in the local retail sector[82] Governance and Compliance - The company has adopted the Corporate Governance Code and has complied with its provisions during the reporting period[93] - The Audit Committee has been established by the Board of Directors to review and monitor the company's financial reporting procedures and internal controls[100] - The unaudited condensed consolidated interim financial information for the six months ending September 30, 2025, has been reviewed and approved by the Audit Committee and the Board[100] Future Commitments - The group is actively seeking to acquire Telecom Digital Securities Limited for HKD 40 million, with the transaction still pending approval[80] - The company plans to extend the loan agreement until March 31, 2028, with monthly interest repayments and full principal repayment by the end of the financing period[54]
电讯数码控股(06033) - 2026 - 中期业绩