Financial Performance - The company reported a consolidated profit of HKD 50 million for the fiscal year, representing a 20% increase compared to the previous year[6]. - Total revenue for the year was approximately HK$57,805,000, down from HK$71,207,000 in the previous year, while gross profit increased to HK$8,237,000 from HK$6,619,000[36]. - The loss attributable to owners of the Company was approximately HK$15,256,000, an increase from HK$5,170,000 for the year ended June 30, 2021[35]. - Administrative expenses decreased to HK$17,574,000 from HK$25,343,000 in the previous year, contributing to the overall financial performance[35]. - Finance costs decreased to approximately HK$844,000 from HK$2,241,000 in the previous year, indicating improved financial management[35]. - The Group's bank balances and cash decreased to approximately HK$6,842,000 from HK$18,206,000 in 2021, indicating a significant reduction in liquidity[52]. - The current ratio as of June 30, 2022, was approximately 2.13, down from 2.87 in the previous year, reflecting a tightening liquidity position[52]. - The gearing ratio increased to 77% in 2022 from 29% in 2021, calculated as net debt divided by total equity[52]. Revenue Segments - Revenue from the Swimwear and garment segment was approximately HK$27,824,000, significantly up from HK$16,499,000 in 2021, with a gross profit margin of 19.74%[36]. - The E-commerce and on-line shopping related segment generated revenue of approximately HK$28,465,000, down from HK$50,771,000 in 2021, with a gross profit margin of 4.32%[42]. - The money lending segment reported revenue of approximately HK$1,516,000, unchanged from the gross profit of HK$1,516,000, maintaining a gross profit margin of 100%[45][47]. - The decline in the e-commerce segment's gross profit was primarily attributed to a decrease in revenue, exacerbated by supply chain disruptions due to the COVID-19 pandemic[43]. User and Market Growth - User data showed a growth in active users by 15%, reaching a total of 1.2 million users[6]. - The company has provided a revenue guidance of HKD 60 million for the next fiscal year, indicating a projected growth of 10%[6]. - New product launches are expected to contribute an additional HKD 10 million in revenue, with a focus on expanding the product line in the next quarter[6]. - Market expansion plans include entering two new regions, which are projected to increase market share by 5%[6]. - The Company experienced a substantial increase in orders from European customers as the impact of COVID-19 subsided[36]. Strategic Initiatives - The company is investing HKD 5 million in research and development for new technologies aimed at enhancing user experience[6]. - The company is considering strategic acquisitions to enhance its competitive position, with a budget of HKD 15 million allocated for potential deals[6]. - The management emphasized a commitment to improving operational efficiency, targeting a 10% reduction in costs over the next year[6]. - The company plans to enhance its digital marketing efforts, aiming for a 25% increase in online engagement[6]. - A new partnership with a leading tech firm is expected to drive innovation and improve service delivery[6]. Employee and Corporate Governance - As of June 30, 2022, the Group had 95 full-time employees, up from 88 in the previous financial year, with total staff costs approximately HK$15,517,000, down from HK$18,049,000 in 2021[69]. - The emolument policy for employees is based on merit, qualifications, and competence, determined by the Compensation Committee[135]. - The Group encourages employee participation in external seminars to enhance knowledge in legal, compliance, and financial reporting areas[196]. - The Group is committed to maintaining a high standard of corporate social governance and environmental sustainability[182]. Shareholder Information - The Directors do not recommend the payment of a dividend for the year, consistent with the previous year where no dividend was paid[84]. - The total number of issued shares as of June 30, 2022, is 792,745,615[144]. - The largest customer accounted for 28% of the Group's total revenue, while the five largest customers collectively represented 60%[178]. - The largest supplier contributed 18% to the Group's total purchases, with the five largest suppliers together accounting for 54%[178]. - Throughout the Year, at least 25% of the Company's total issued share capital was held by the public[174].
荟萃国际(控股)(08041) - 2022 - 年度财报