Financial Performance - Revenue for the six months ended September 30, 2022, was HK$212,910,000, representing a 15.3% increase from HK$184,668,000 in 2021[14] - Profit attributable to shareholders of the company was HK$32,258,000, up 12.7% from HK$28,624,000[15] - Total revenue increased by 15.3% to HK$212.9 million during the six months ended 30 September 2022[26] - Net profit rose by 12.7% to HK$32.3 million, aligning with the company's 5-year corporate strategy (2019-2024)[26] - The Group's total revenue for the six months ended September 30, 2022, reached HK$212.9 million, representing an increase of HK$28.2 million or 15.3% compared to the same period last year[82] Revenue Breakdown - Media Content Distribution Business revenue increased by 9.1% to HK$138,013,000 from HK$126,535,000[15] - Brand Licensing Business revenue rose by 28.8% to HK$74,897,000 compared to HK$58,133,000 in the previous year[15] - Media Content Distribution Business accounted for 64.8% of total revenue, while Brand Licensing Business contributed 35.2%[27] - Revenue from the Media Content Distribution Business increased by 9.1% to HK$138.0 million, contributing 64.8% of total revenue[83] - Revenue from the Brand Licensing Business increased by 28.8% to HK$74.9 million, driven by growth in Japanese anime and merchandise sales[84] Dividends and Shareholder Returns - The interim dividend per share was increased to HK$0.70 cents from HK$0.50 cents[15] - The interim dividend per share is set at HK$0.70, reflecting the company's commitment to returning value to shareholders[22] - The board has approved a share buyback program worth $5 million to enhance shareholder value[171] Financial Ratios and Position - The current ratio as of September 30, 2022, was 2.3, slightly down from 2.4 as of March 31, 2022[15] - The cash ratio decreased to 0.7 from 0.9 over the same period[15] - The liquidity ratio indicates a stable financial position, with sufficient current assets to cover current liabilities[15] - As of September 30, 2022, the group's cash and bank balances were HK$255.5 million, with a current ratio of 2.3 times[123] - The Group's net current assets as of September 30, 2022, were HKD 479.9 million, an increase from HKD 446.6 million as of March 31, 2022[128] Operational Highlights - The company expanded its content distribution network, partnering with platforms like Amazon Prime Video, Disney+, and Netflix, now covering regions including India, Korea, and Europe[32] - The company successfully released the animated film "Jujutsu Kaisen: Zero," achieving strong box office performance in multiple regions[34] - Ani-One® YouTube platform launched a localized channel, gaining over 140,000 subscribers within three months of its launch[39] - Ani-One® Asia YouTube channel operates in over 42 territories, with more than 2.9 million subscribers and over 514 million accumulated views as of 25 November 2022[41] - The Group has a total of 21 platforms across eight territories for its Ani-One® OTT service, enhancing its market presence[35] Cost and Expenses - The Group's cost of sales increased by HK$20.6 million or 22.6% to HK$111.7 million, in line with revenue growth[88] - Selling and distribution expenses amounted to HK$26.8 million, a modest increase of 0.3% compared to the previous year[91] - General and administrative expenses increased by HK$0.8 million or 3.8% to HK$22.8 million, primarily due to higher staff costs[92] Strategic Initiatives - The Group aims for double-digit growth in the financial year 2022/2023, focusing on expanding content distribution platforms and acquiring high-quality media content[75] - The company plans to expand its market presence in Asia, targeting a 30% increase in market share by the end of 2024[171] - New product launches are expected to contribute an additional $20 million in revenue for the next quarter[171] - A strategic acquisition is in progress, which is anticipated to add $50 million in annual revenue once completed[171] Share Award Scheme - As of the adoption date of the Share Award Scheme, a total of 21,929,000 shares had been awarded, representing approximately 1.1% of the total number of issued shares of the Company[178] - The Scheme Limit is set at 10% of the total number of issued shares, which equates to 199,200,000 shares, requiring shareholder approval for any increase[172] - The total number of Award Shares granted to a Selected Participant under the Scheme shall not exceed 5% of the total number of issued shares as at the Adoption Date[172] - The Scheme may be altered by a resolution of the Board, but any changes cannot adversely affect the rights of existing Selected Participants without their consent[174] Shareholder Information - As of September 30, 2022, Ms. Lovinia Chiu holds 1,434,240,000 ordinary shares, representing 72% of the issued shares[187] - Ms. Noletta Chiu holds 18,924,000 ordinary shares, representing 0.95% of the issued shares[187] - The substantial shareholder RLA is a beneficial owner of 1,434,240,000 ordinary shares, representing 72%[195] - The company maintains a register of interests as required under the Securities and Futures Ordinance[196]
羚邦集团(02230) - 2023 - 中期财报