Financial Performance - The company recorded a loss attributable to shareholders of approximately HKD 134,744,000 for the six months ended September 30, 2022, an increase of about 78.5% compared to a loss of HKD 75,483,000 in the same period last year [2]. - Basic loss per share increased from HKD 0.19 to HKD 0.33 [2]. - The group reported a net loss before tax of HKD 134,744,000, an increase from a loss of HKD 75,483,000 for the same period in 2021 [67]. - The company reported a pre-tax loss of HKD 128,340,000, compared to a pre-tax loss of HKD 69,152,000 in the same period last year, reflecting a worsening financial position [41]. - The net loss recognized in profit or loss for the six months ended September 30, 2022, was HKD 1,245,000, compared to a loss of HKD 12,000 for the same period in 2021, indicating a significant increase in losses [84]. Revenue and Income - Total revenue increased by approximately 13.6% to HKD 68,243,000, up from HKD 60,053,000 in the previous year [2]. - Revenue for the six months ended September 30, 2022, was HKD 68,243,000, an increase of 13.4% compared to HKD 60,053,000 for the same period in 2021 [41]. - Warehouse operations revenue reached HKD 10,293,000, up 18.9% from HKD 8,653,000 year-on-year [54]. - Property investment income increased to HKD 49,012,000 from HKD 46,863,000, representing a growth of 4.6% [41]. Assets and Liabilities - The net asset value of the company decreased by approximately 3.9% to HKD 3,869,092,000, with a decrease in net asset value per share of about 4.0% to HKD 9.55 [16]. - Non-current assets, primarily investment properties, decreased to HKD 2,847,200,000 from HKD 2,966,340,000, a decline of 4.0% [43]. - Current assets totaled HKD 943,054,000, down from HKD 966,876,000, indicating a decrease of 2.5% [43]. - Total assets as of September 30, 2022, amounted to HKD 4,023,621,000, an increase from HKD 3,964,000,000 as of September 30, 2021 [59]. - The group’s total liabilities were HKD 154,529,000, an increase from HKD 69,152,000 year-on-year [59]. Shareholder Information - As of September 30, 2022, the total equity held by Mr. Lyu Rongyi is 41,501,580 shares, representing 10.25% of the company's issued shares [22]. - Major shareholder Jian Nan Financial Limited holds 147,610,335 shares, accounting for 36.45% of the company's issued shares [24]. - As of September 30, 2022, the total issued shares of the company are 405,000,000 [23]. - Ms. Chen Guanfeng holds a total of 218,827,818 shares indirectly, representing 54.03% of the company's issued shares [24]. Governance and Compliance - The company has complied with all provisions of the corporate governance code, except for specific clauses regarding the separation of roles between the chairman and CEO [31]. - The company has not signed formal appointment letters with its directors, but they are subject to re-election according to the company's articles of association [32]. - The company has adopted the standard code for securities transactions by directors, and all directors have confirmed compliance during the period [34]. Dividends and Share Transactions - The company declared an interim dividend of HKD 0.02 per share, totaling HKD 8,100,000, compared to HKD 16,200,000 for the same period in 2021 [66]. - The company has not purchased, sold, or redeemed any of its shares during the review period [28]. - The company will suspend share transfer registration from December 16 to December 21, 2022, for the distribution of interim dividends [27]. Investment Properties - The group recorded a fair value loss on investment properties of HKD 119,140,000, compared to a loss of HKD 99,440,000 in the same period last year [13]. - The fair value of investment properties decreased to HKD 2,847,200,000 as of September 30, 2022, down from HKD 2,966,340,000 as of March 31, 2022 [70]. - The company reported a loss of HKD 119,140,000 from the revaluation of investment properties for the six months ended September 30, 2022 [71]. Other Financial Information - Interest income increased to HKD 5,512,000 due to rising interest rates, while dividend income was HKD 3,426,000 [9]. - The tax expense for the six months ended September 30, 2022, was HKD 6,404,000, slightly up from HKD 6,331,000 in the same period of 2021 [65]. - The company recognized other income of HKD 665,000 related to COVID-19 subsidies from the Hong Kong government for the six months ended September 30, 2022 [63]. - The total compensation for directors and other key management personnel during the period was HKD 778,000, up from HKD 712,000 for the six months ended September 30, 2021, reflecting an increase of approximately 9.3% [87].
安全货仓(00237) - 2023 - 中期财报