Financial Performance - For the six months ended September 30, 2022, the group's unaudited revenue reached approximately HKD 57,714,000, an increase of about 1,161% compared to the same period in 2021[5]. - The profit attributable to owners of the company for the six months ended September 30, 2022, was approximately HKD 2,931,000, compared to a loss of approximately HKD 4,491,000 in the same period of 2021[5]. - The earnings per share from continuing operations for the six months ended September 30, 2022, was approximately HKD 0.11, compared to a loss per share of HKD 0.18 in the same period of 2021[5]. - The gross profit for the six months ended September 30, 2022, was HKD 10,049,000, compared to HKD 1,740,000 in the same period of 2021[8]. - The total comprehensive income for the six months ended September 30, 2022, was HKD 2,931,000, a significant recovery from a loss of HKD 4,491,000 in the same period of 2021[10]. - For the six months ended September 30, 2022, the company reported a total revenue of HKD 57,714,000, a significant increase from HKD 4,577,000 in the same period of 2021, representing a growth of approximately 1,157%[36]. - The company reported a profit of HKD 2,931,000 for the six months ended September 30, 2022, compared to a loss of HKD 4,491,000 in the same period of 2021[17]. - The company’s total comprehensive income for the six months ended September 30, 2022, was HKD 2,931,000, compared to a total comprehensive loss of HKD 4,491,000 in the same period of 2021[17]. - The company incurred a loss of HKD 4,491,000 for the six months ended September 30, 2021, compared to a profit of HKD 2,931,000 for the same period in 2022[50]. Assets and Liabilities - The total assets as of September 30, 2022, were HKD 43,750,000, a decrease from HKD 49,714,000 as of March 31, 2022[12]. - The current liabilities as of September 30, 2022, totaled HKD 21,823,000, down from HKD 30,612,000 as of March 31, 2022[14]. - The total assets as of September 30, 2022, amounted to HKD 45,333,000, with total liabilities of HKD 21,823,000[44]. - The total equity attributable to the owners of the company as of September 30, 2022, was HKD 23,510,000, an increase from HKD 20,579,000 as of March 31, 2022[17]. - The company’s net assets as of September 30, 2022, were approximately HKD 23,510,000, up from approximately HKD 20,579,000 as of March 31, 2022[79]. Cash Flow - The company generated a net cash inflow from operating activities of HKD 1,134,000 for the six months ended September 30, 2022, compared to a net cash outflow of HKD 7,799,000 in the same period of 2021[19]. - The company’s financing activities resulted in a net cash outflow of HKD 1,233,000 for the six months ended September 30, 2022[19]. - The cash and cash equivalents at the end of the period were HKD 28,332,000, a decrease from HKD 18,740,000 at the end of the same period in 2021[19]. Revenue Segments - The company’s revenue from IP automation and entertainment for the six months ended September 30, 2022, was HKD 11,300,000, up from HKD 4,577,000 in the same period of 2021[36]. - The company’s revenue from dry bulk shipping and logistics agency services for the six months ended September 30, 2022, was HKD 46,414,000, with no revenue reported in the same period of 2021[36]. - The dry bulk shipping and logistics services generated revenue of HKD 46,410,000, with a net profit of approximately HKD 2,930,000 for the period[74]. - The IP automation and entertainment business generated revenue of approximately HKD 11,300,000, an increase of about 147% compared to HKD 4,580,000 in the previous year[75]. Operating Costs - The company reported a significant increase in operating costs, which rose to HKD 47,665,000 for the six months ended September 30, 2022, compared to HKD 2,837,000 in the same period of 2021[8]. - Administrative and operating expenses increased by approximately 6.77% to about HKD 6,370,000 from approximately HKD 5,966,000 in the same period last year[78]. Dividends - The company did not recommend the payment of an interim dividend for the six months ended September 30, 2022[5]. - The company did not recommend any dividend for the six months ended September 30, 2022, consistent with the previous year[46]. Corporate Governance - The audit committee reviewed the unaudited condensed consolidated interim financial statements for the six months ending September 30, 2022, and found them compliant with applicable accounting standards[111]. - The company has adopted a code of conduct for securities trading by directors, which complies with GEM Listing Rules[107]. - The company has adhered to the corporate governance code as per GEM Listing Rules, with the exception of the chairman's absence at the annual general meeting due to other commitments[108]. Employee Information - As of September 30, 2022, the group employed 19 full-time and 4 part-time employees, with total employee benefits expenses amounting to approximately HKD 2,971,000, up from HKD 2,253,000 for the same period in 2021[86]. Trading Suspension - The company’s shares have been suspended from trading since May 17, 2022, and will remain suspended until further notice[87]. - The group is taking necessary steps to resolve issues leading to the trading suspension and aims to comply with the resumption guidance from the stock exchange[89]. Future Plans - The group is currently assessing resources and discussing with business partners to resume dry bulk shipping and logistics agency services[91]. - The logistics service business has shown strong growth since its recovery in Q4 2021, with ongoing negotiations with various clients and a large freight forwarding group in China contributing to the business[93]. - The IP-related brand management and marketing consulting services have become a major revenue source for the group, with a large integrated entertainment experience park completed and contributing revenue in Q3 2022[93]. - The group is actively seeking business partners to open entertainment venues in Hong Kong and Macau, aiming to diversify its entertainment business[93]. - The group expects the entertainment experience park to continue generating revenue in Q4 2022, which will help demonstrate compliance with GEM listing rules[94]. - The company is committed to improving existing operations to increase revenue and maximize returns for shareholders[96]. Shareholding Structure - As of September 30, 2022, Ms. He Chaoyan holds 407,890,000 shares, representing 15.61% of the company's equity[99]. - Ms. Wen Yingyi holds 441,900,000 shares, representing 16.91% of the company's equity[99]. - Mr. Wang Qiang (suspended) holds 100,000,000 shares, representing 3.83% of the company's equity[99]. - Mr. Liu Lingde holds 43,937,500 shares, representing 1.78% of the company's equity[99]. - Mr. Chen Yufeng holds 251,462,500 shares, representing 9.62% of the company's equity[102]. - Mr. Lin Jinhong holds 163,900,000 shares, representing 6.27% of the company's equity[102]. Securities Transactions - No purchases, redemptions, or sales of the company's listed securities were made by the company or its subsidiaries during the six months ending September 30, 2022[105].
宏海控股集团(08020) - 2023 - 中期财报