Financial Performance - For the six months ended June 30, 2023, the group's revenue was approximately HKD 35.8 million, a decrease of 60.2% compared to the same period last year[9]. - The group recorded a gross profit of approximately HKD 11.7 million for the six months ended June 30, 2023, compared to HKD 9.9 million for the same period in 2022[9]. - The loss attributable to owners of the company for the six months ended June 30, 2023, was approximately HKD 4.5 million, significantly improved from a loss of HKD 105.4 million in the same period last year[9]. - Basic loss per share for the six months ended June 30, 2023, was approximately HKD 0.18, compared to HKD 4.24 for the same period in 2022[9]. - The company reported a total comprehensive loss of HKD 39.9 million for the six months ended June 30, 2023, compared to a total comprehensive loss of HKD 45.1 million for the same period in 2022[13]. - The company reported a net loss of HKD 10,680,000 for the first half of 2023, a significant improvement from a net loss of HKD 47,260,000 in the same period of 2022[188]. Equity and Assets - As of June 30, 2023, total equity attributable to owners of the company was approximately HKD 1,808.8 million, slightly down from HKD 1,827.2 million as of December 31, 2022[9]. - The group's total assets less current liabilities amounted to HKD 1,860.8 million as of June 30, 2023, compared to HKD 1,878.9 million as of December 31, 2022[16]. - Current liabilities totaled HKD 324.7 million as of June 30, 2023, down from HKD 376.1 million as of December 31, 2022[16]. - Non-current liabilities were approximately HKD 53.8 million as of June 30, 2023, compared to HKD 53.0 million as of December 31, 2022[16]. - Total equity amounted to HKD 2,090,217 thousand, reflecting a decrease of HKD 105,885 thousand compared to the previous period[19]. - The total amount of assets classified as held for sale reached HKD 850,200 thousand, with no previous amount reported[33]. Cash Flow and Financing - For the six months ended June 30, 2023, the net cash used in operating activities was HKD (42,373,000), a decrease from HKD (112,736,000) in the same period of 2022, indicating improved cash flow management[38]. - The net cash used in investing activities was HKD (43,737,000), compared to a net cash generated of HKD 101,567,000 in the prior year, reflecting a shift in investment strategy[38]. - The net cash used in financing activities was HKD (1,712,000), significantly improved from HKD (11,254,000) in the previous year, suggesting reduced reliance on external financing[38]. - The total cash and cash equivalents decreased to HKD 88,720,000 as of June 30, 2023, down from HKD 319,592,000 at the end of the previous year, indicating a tighter liquidity position[38]. - The group has no significant outstanding debts apart from lease liabilities and certain loans as of June 30, 2023[97]. Investment Properties and Valuation - The company anticipates selling investment properties located in the United States within the next twelve months, indicating a strategic shift in asset management[45]. - The fair value of financial assets measured at fair value through profit or loss was approximately HKD 15,582,000 as of June 30, 2023, down from HKD 16,429,000 at the end of 2022, reflecting market fluctuations[47]. - The fair value of the investment property located in the United States was approximately HKD 796,858,000 as of May 31, 2022, with an average adjustment price of USD 1,279 per square foot[54]. - The group's investment properties measured at fair value in profit or loss amounted to HKD 107,681,000 as of June 30, 2023, compared to HKD 79,957,000 as of December 31, 2022[62]. - The company reported a net change in fair value of investment properties of HKD 27,724,000 during the reporting period[65]. Segment Performance - The group's revenue from various business segments includes HKD 24.122 million from IDC, HKD 11.535 million from other services, and a total income of HKD 35.769 million[78]. - The net loss from the IDC segment was HKD 6.023 million, while the other segments reported varying performances, leading to an overall segment performance of HKD 22.891 million[78]. - Rental income from the leasing business was approximately HKD 4.2 million, reflecting a slight decrease of 14.5% compared to the same period last year, attributed to currency depreciation and lower occupancy rates[91]. - The group recognized a revaluation net loss of approximately HKD 2.0 million from investment properties due to decreased rental rates[92]. Risk Management and Governance - The company has established an audit committee consisting of three independent non-executive directors, ensuring compliance with corporate governance standards[123]. - The company is committed to improving risk management systems across various aspects of its operations, facing risks from geopolitical tensions and macroeconomic conditions due to the COVID-19 pandemic[131]. - The group adopts a prudent treasury policy and continuously assesses the financial status of clients to minimize credit risk[103]. Shareholder Information - The total number of shares outstanding as of June 30, 2023, was 2,487,704,800 shares[118]. - Unicorn Resources Inc. holds a 29.80% stake in the company, with 741,379,800 shares, indicating significant ownership concentration[138]. - The company has a total of 179,211,680 shares issued under the share option plan, representing 10% of the total issued shares as of the adoption date[135].
裕兴科技(08005) - 2023 - 中期财报