MELBOURNE ENT(HK:00158)2025-12-29 02:06Financial Performance - The company reported a consolidated comprehensive income of $X million for the fiscal year ending September 30, 2025, representing a Y% increase compared to the previous year[92]. - The company has provided a revenue guidance of $B million for the next fiscal year, indicating a projected growth of C%[54]. - New product launches contributed to a D% increase in sales, with the introduction of E new products during the year[54]. - The aggregate revenue from the Group's five largest customers accounted for 26% of total revenue, with the largest customer contributing 10%[90]. - The aggregate purchases from the Group's five largest suppliers represented 57% of total purchases, with the largest supplier accounting for 12%[90]. User Growth - User data showed a growth of Z% in the active user base, reaching a total of A million users by the end of the reporting period[54]. Market Expansion - The company is expanding its market presence in the Asia-Pacific region, targeting a growth rate of F% in that market segment[54]. - A strategic acquisition was completed, enhancing the company's portfolio and expected to add G million in annual revenue[54]. Research and Development - Research and development expenses increased by H%, reflecting the company's commitment to innovation and new technology[54]. Operational Efficiency - The company has implemented new operational strategies aimed at improving efficiency, projected to reduce costs by I% over the next year[54]. Dividends - The board of directors has approved a dividend of $J per share, maintaining a consistent return to shareholders[54]. - An interim dividend of HK$1.70 per share was paid in July 2025, totaling HK$42,500,000[29]. - The Directors recommend a final dividend of HK$1.6 per share, totaling HK$40,000,000, payable on February 9, 2026[29]. - The company declared an interim dividend of HK$1.7 per share totaling HK$42,500,000 in July 2025[34]. - The board proposed a final dividend of HK$1.6 per share, amounting to HK$40,000,000, to be distributed to shareholders on record as of January 29, 2026[34]. Corporate Governance - The Company is committed to transparency and governance, as reflected in the Corporate Governance Report[30]. - The Company has fully complied with the Corporate Governance Code provisions, except for holding only three formal Board meetings instead of the required four[98][99]. - The Board held three formal meetings during the financial year, deviating from the corporate governance code which requires at least four meetings annually[103]. - The Board comprises seven Directors, including two Executive Directors, two Non-Executive Directors, and three Independent Non-Executive Directors[115]. - The independent auditor issued an unqualified opinion on the Group's continuing connected transactions, confirming compliance with the relevant regulations[53]. Related Party Transactions - The Group's related party transactions for the year ended September 30, 2025, include rental and related income from Kin Fung Hong Limited and Dedicare Limited, and meal provisions from Fu Hop, which are classified as continuing connected transactions under Listing Rules[52]. - These transactions are exempt from shareholders' approval and annual review as they fall below the de minimis threshold under Rule 14A.76 of the Listing Rules[53]. - The independent non-executive directors and auditors have confirmed that these transactions were conducted in the ordinary course of business, on normal commercial terms, and are in the interests of the shareholders[54]. Board Composition and Diversity - The Board currently consists of seven Directors, with one female Director, representing 14% of the Board, and aims to maintain or adjust this proportion as appropriate[128]. - The Board Diversity Policy emphasizes the importance of diverse perspectives in decision-making and aims to ensure a variety of skills and attributes among Board members[123]. - The Board has reviewed the Board Diversity Policy during the year ended September 30, 2025, and considers it to remain robust and effective[129]. - The Board's composition includes 2 Executive Directors (28.5%), 2 Non-Executive Directors (28.5%), and 3 Independent Non-Executive Directors (43%)[132]. - The Company adheres to non-discriminatory employment practices and provides training opportunities tailored to diverse employees' needs[138]. Risk Management and Internal Controls - The Audit Committee reviewed the effectiveness of the Group's risk management and internal control systems[157]. - The effectiveness of the risk management and internal control systems of the Group was reviewed by the Board[191]. Training and Development - Continuous professional development activities are encouraged for all Directors to enhance their knowledge and skills[142]. - Directors participated in two in-house training sessions on the latest developments of the Listing Rules during the financial year[145]. Attendance and Meetings - Attendance records for Board meetings show that the Chairman attended 3 out of 3 meetings, while other Directors also maintained high attendance rates[198]. - Two Audit Committee meetings were held during the year ended September 30, 2025, with attendance details available in the relevant section[156]. Future Outlook - The Company plans to continue evaluating emerging risks and challenges while staying updated on evolving market and governance trends[196].