Financial Performance - Total revenue for the six months ended September 30, 2025, was HKD 11,993,000, an increase of 10.4% compared to HKD 10,864,000 for the same period in 2024[9]. - Gross profit for the same period was HKD 7,905,000, representing a 33.5% increase from HKD 5,921,000 in 2024[9]. - Profit before tax for the six months was HKD 26,100,000, a significant recovery from a loss of HKD 1,230,000 in the previous year[9]. - The company reported a net profit of HKD 26,100,000, compared to a net loss of HKD 1,552,000 in the same period last year[9]. - Basic and diluted earnings per share for the period were HKD 9.7, a turnaround from a loss of HKD 0.4 per share in 2024[10]. - For the six months ended September 30, 2025, the total comprehensive income amounted to HKD 27,263,000, compared to a total comprehensive income of HKD 23,569,000 for the previous period[13]. - The company reported a pre-tax profit of HKD 26,100,000 for the six months ended September 30, 2025, compared to a loss of HKD 1,230,000 in 2024[26]. - The group recorded unrealized gains of approximately HKD 28,600,000 during the period, compared to HKD 700,000 for the six months ended September 30, 2024[63]. Assets and Liabilities - Non-current assets as of September 30, 2025, totaled HKD 22,180,000, up from HKD 3,320,000 as of March 31, 2025[11]. - Current assets increased to HKD 115,350,000 from HKD 106,916,000, indicating a growth in liquidity[11]. - The company's total equity as of September 30, 2025, was HKD 51,029,000, a substantial increase from HKD 24,891,000 at the end of March 2025[12]. - The company’s total liabilities decreased to HKD 590,107,000 as of September 30, 2025, from HKD 617,349,000 at the beginning of the period[13]. - The net current assets as of September 30, 2025, were approximately HKD 53,000,000, an increase from HKD 45,800,000 as of March 31, 2025[79]. - Total borrowings, including loans and promissory notes, were approximately HKD 37,100,000 as of September 30, 2025, down from HKD 37,900,000 as of March 31, 2025[79]. - The net debt-to-equity ratio as of September 30, 2025, was 0.7, significantly improved from 1.2 as of March 31, 2025[79]. Cash Flow - The net cash used in operating activities for the six months ended September 30, 2025, was HKD (4,748,000), a decrease from HKD 1,251,000 in the same period of 2024[14]. - The total cash and cash equivalents at the end of the period decreased to HKD 2,212,000 from HKD 5,655,000 in the previous year[14]. - The group’s financial cost for the period was approximately HKD 1,100,000, resulting in a profit attributable to shareholders of about HKD 27,200,000, compared to a loss of HKD 1,100,000 in the previous period[53]. - The group expects stable demand for professional business services in the Greater China region, particularly in asset advisory and corporate consulting services, due to ongoing corporate expansions and market complexities[55]. Expenses - Marketing and administrative expenses rose to HKD 10,695,000 from HKD 7,164,000, reflecting increased operational costs[9]. - The total employee costs for the period were approximately HKD 3,100,000, compared to HKD 5,700,000 for the six months ending September 30, 2024[83]. - Marketing and administrative expenses increased by approximately 48.6% to HKD 10,700,000 from HKD 7,200,000 in the previous year, due to higher advertising and management costs[52]. Shareholder Information - The issued share capital increased to 279,812,000 shares as of September 30, 2025, from 233,182,000 shares as of April 1, 2024, following the issuance of 46,630,000 shares[39]. - The total number of options available for grant under the new plan is 27,981,234 shares, approximately 10% of the issued shares[94]. - The company has adopted a new share option plan to provide greater flexibility for granting options to employees and directors[90][91]. - The company did not declare any dividends for the current period, consistent with the previous year[29]. Governance and Compliance - The audit committee has reviewed the unaudited condensed consolidated results and confirmed compliance with applicable accounting standards and GEM listing rules[103]. - The company has complied with the corporate governance code, except for the separation of the roles of Chairman and CEO[102]. - The board believes that combining the roles of Chairman and CEO strengthens leadership and ensures effective decision-making[101]. Market and Investment Strategy - The group maintains a diversified investment portfolio and will continue to monitor investment performance and market trends to adjust its investment strategy accordingly[64]. - The group aims to achieve capital appreciation and stable returns within an acceptable risk level through its investment strategy[66]. - The financial services segment is anticipated to remain stable in the coming year, with a focus on monitoring credit risk and enhancing competitiveness in a rapidly changing industry[55].
亚太金融投资(08193) - 2026 - 中期财报