Financial Performance - For the six months ended September 30, 2025, the company reported revenue of HKD 1,236,227,000, a slight increase of 0.4% compared to HKD 1,224,709,000 for the same period in 2024[3] - The gross profit for the same period was HKD 1,567,000, a significant decrease of 86.0% from HKD 11,260,000 in 2024[3] - Operating profit increased to HKD 12,779,000, up 541.5% from HKD 1,990,000 in the previous year[3] - The profit attributable to owners of the company from continuing operations was HKD 12,750,000, compared to HKD 1,566,000 in 2024, marking an increase of 715.5%[4] - The total comprehensive income for the period was HKD 7,798,000, up 37.5% from HKD 5,666,000 in the same period last year[4] - Basic earnings per share from continuing and discontinued operations was HKD 0.75, an increase from HKD 0.41 in 2024[4] Assets and Liabilities - The company's total assets as of September 30, 2025, were HKD 736,392,000, compared to HKD 662,102,000 as of March 31, 2025[5] - Current liabilities decreased to HKD 201,014,000 from HKD 417,972,000, indicating improved liquidity[5] - The net assets attributable to owners of the company increased to HKD 155,842,000 from HKD 148,006,000[6] - Trade receivables as of September 30, 2025, amounted to HKD 93,422,000, a decrease from HKD 100,694,000 as of March 31, 2025[33] - Trade payables as of September 30, 2025, amounted to HKD 114.8 million, an increase from HKD 96.8 million as of March 31, 2025[36] Revenue Breakdown - Revenue from external customers in Hong Kong was HKD 117,775 thousand for the six months ended September 30, 2025, down from HKD 240,097 thousand in 2024, indicating a decline of approximately 51%[16] - Revenue from external customers in China (excluding Hong Kong) increased to HKD 1,118,452 thousand in 2025 from HKD 984,612 thousand in 2024, representing a growth of about 13.6%[16] - For the six months ended September 30, 2025, the group recorded revenue from continuing operations of approximately HKD 1,236 million, a slight increase of about 1% compared to HKD 1,225 million in the same period last year[47] - The supply chain management segment recorded revenue of approximately HKD 1,236 million, including material trading revenue of HKD 1,232 million and transportation service revenue of HKD 3.98 million[50] Discontinued Operations - For the six months ended September 30, 2025, the company reported a loss attributable to discontinued operations of HKD 8,113,000, compared to a profit of HKD 602,000 for the same period in 2024[24] - Revenue from customer contracts for discontinued operations was HKD 125,203,000, down 41.7% from HKD 214,777,000 in the previous year[24] - The company incurred service costs of HKD 114,713,000 for discontinued operations, a decrease of 41.7% from HKD 196,921,000 in the prior year[24] - The basic and diluted loss per share from discontinued operations was HKD 1.305, compared to earnings of HKD 0.114 per share in the previous year[32] Strategic Decisions and Future Outlook - The company has not disclosed specific future outlook or guidance in the provided documents[3][4][5][6] - The group has terminated three business segments during the reporting period, which are not included in the reported segment information[14] - The group is currently evaluating the impact of HKFRS 18 on the presentation and disclosure of its consolidated financial statements[11] - The group anticipates that the fair value of the target group after deducting selling costs will be approximately equal to the total book value of the related assets and liabilities[39] - The company aims to reallocate significant financial resources from the discontinued construction business to expand its supply chain management operations[60] Corporate Governance and Compliance - The company has established a remuneration policy linked to performance to attract and retain talent, considering financial conditions and industry benchmarks during performance evaluations[76] - The audit committee has reviewed the group's interim performance during the period[82] - The company has adhered to all provisions of the corporate governance code during the six-month period ending September 30, 2025[78] - The audit committee consists of three independent non-executive directors, ensuring oversight of financial reporting and risk management[81] - The interim results announcement and report are available on the company's and the stock exchange's websites, ensuring transparency[83] Employee and Operational Metrics - The group employed a total of 69 employees as of September 30, 2025, down from 95 employees a year earlier, with total employee compensation during the period amounting to approximately HKD 18.9 million[74] - The group plans to further optimize its logistics and distribution network by establishing long-term relationships with reputable logistics service providers[61] - The group aims to explore and commit to business diversification and development by 2025[61]
绿色经济(01315) - 2026 - 中期业绩