Financial Performance - For the six months ended September 30, 2025, the group recorded revenue of approximately HKD 7,854,000, an increase of about 88.4% compared to HKD 4,167,000 for the same period in 2024[9]. - The unaudited consolidated net profit for the six months ended September 30, 2025, was approximately HKD 2,700,000, compared to a net loss of HKD 4,133,000 for the same period in 2024[9]. - The profit attributable to owners of the company for the six months ended September 30, 2025, was approximately HKD 1,932,000, compared to a loss of HKD 4,301,000 for the same period in 2024[9]. - The basic and diluted earnings per share for the period was HKD 0.19, compared to a loss per share of HKD 0.43 for the same period in 2024[10]. - The total comprehensive income for the period was HKD 2,524,000, compared to a total comprehensive loss of HKD 5,096,000 for the same period in 2024[11]. - The group did not recommend the payment of any dividend for the six months ended September 30, 2025[9]. - Other income and other losses for the six months ended September 30, 2025, amounted to HKD 4,411,000, compared to HKD 1,603,000 for the same period in 2024[10]. - The group reported a segment profit of HKD 4,602,000 for the six months ended September 30, 2025, compared to a segment loss of HKD 4,023,000 in the same period of 2024[25][26]. Assets and Liabilities - As of September 30, 2025, total assets amounted to HKD 64,642,000, a slight decrease from HKD 64,774,000 as of March 31, 2025[12]. - Current assets increased to HKD 40,018,000 from HKD 38,166,000, primarily driven by a rise in trade receivables, which grew to HKD 5,223,000 from HKD 1,808,000[12]. - The company's net current asset value improved to HKD 34,359,000 compared to HKD 29,846,000 in the previous period[13]. - Total equity increased to HKD 43,348,000 from HKD 40,824,000, reflecting a rise in reserves from HKD 35,108,000 to HKD 36,864,000[13]. - Total liabilities were HKD 21,294,000 as of September 30, 2025[28]. - The company’s borrowings remained stable at HKD 10,135,000 for non-current liabilities, with a slight increase in current borrowings to HKD 393,000 from HKD 385,000[13]. Cash Flow - The net cash used in operating activities for the six months ended September 30, 2025, was HKD 152,000, a significant improvement from a net cash outflow of HKD 4,251,000 in the same period last year[15]. - Cash and cash equivalents decreased to HKD 7,121,000 from HKD 9,199,000, influenced by financing activities that used HKD 2,457,000[15]. - The company recorded cash and cash equivalents of HKD 7,121,000 as of September 30, 2025, compared to HKD 9,199,000 as of March 31, 2025[37]. Business Operations - The company is focused on expanding its business in Hong Kong and China, providing financial information and technology solutions to corporate and retail clients[16]. - The group has terminated its loan business segment as of March 31, 2025, focusing on financial information, advertising, investor relations, securities, talent search, and property investment services[23]. - The group plans to focus on strengthening and expanding four major business segments: media, brokerage, talent search services, and property investment, anticipating increased demand for high-quality financial content and investor relations solutions[56]. - The advertising and investor relations business is expected to become profitable in the coming years, supported by a strong production team and strategic partnerships with local consultants and marketing firms[57]. - The group aims to fully restart its brokerage business by January 2026, enhancing its service offerings in portfolio management and private fund investment consulting[57]. Employee and Corporate Governance - The total employee cost for the six months was approximately HKD 5,534,000, a decrease from HKD 5,971,000 for the same period in 2024[65]. - The company had 49 full-time employees in Hong Kong and China as of September 30, 2025, up from 40 on March 31, 2025[65]. - The company’s audit committee, consisting of three independent non-executive directors, reviewed the unaudited condensed consolidated financial statements for the six months ending September 30, 2025[77]. - The company has complied with the GEM Listing Rules Appendix C1 on corporate governance, with the exception of the separation of the roles of Chairman and CEO, which are held by Ms. Lau Yu-yee since 2011[81]. - The board believes that having Ms. Lau serve as both Chairman and CEO provides excellent and consistent leadership for the group's management and business development[81]. Market Outlook - The demand for professional talent familiar with the regulatory and business environment in China and Hong Kong is expected to continue growing, driven by ongoing IPO activities and cross-border enterprises entering Hong Kong[58]. - The group maintains confidence in achieving stable and sustainable growth for the second half of the fiscal year ending March 31, 2026, through business diversification and prudent risk management[59].
财华社集团(08317) - 2026 - 中期业绩