Financial Performance - Revenue for the six months ended June 30, 2022, was HKD 16,009 thousand, an increase of 55.5% compared to HKD 10,329 thousand for the same period in 2021[4] - Gross profit for the six months ended June 30, 2022, was HKD 1,969 thousand, representing a 83.1% increase from HKD 1,077 thousand in the previous year[4] - The company reported a loss attributable to owners of HKD 2,007 thousand for the six months ended June 30, 2022, compared to a loss of HKD 4,067 thousand for the same period in 2021, indicating a 50.7% improvement[4] - The basic and diluted loss per share for the six months ended June 30, 2022, was HKD 12.9 cents, an improvement from HKD 26.1 cents for the same period in 2021[4] - The company reported other income and gains of HKD 317 thousand for the six months ended June 30, 2022, compared to HKD 290 thousand in the same period of 2021[4] - The company reported a total loss of (2,007) thousand HKD for the first half of 2022, compared to a loss of (4,067) thousand HKD in the same period of 2021, indicating a reduction in losses[24] - The company’s planting business reported revenue of 11,880 thousand HKD for the first half of 2022, compared to 10,023 thousand HKD in the same period of 2021, reflecting a growth of 18.5%[24] - The gross profit from the other business segment was 393 thousand HKD for the first half of 2022, compared to 6 thousand HKD in the same period of 2021[24] - The company incurred a pre-tax loss of (1,659) thousand HKD for the first half of 2022, an improvement from (3,828) thousand HKD in the same period of 2021[24] - Revenue from external customers for the first half of 2022 was HKD 16,009,000, a 55.5% increase from HKD 10,329,000 in 2021[29] - Revenue from the Chinese market significantly increased to HKD 8,542,000, up 520.5% from HKD 1,376,000 in 2021[29] - The net loss attributable to the company's owners decreased by 51.2% to HKD 2,000,000, compared to HKD 4,100,000 in the same period last year[60] Assets and Liabilities - Total current assets as of June 30, 2022, were HKD 15,448 thousand, a decrease from HKD 16,000 thousand as of December 31, 2021[6] - Total current liabilities as of June 30, 2022, were HKD 68,639 thousand, slightly down from HKD 70,226 thousand as of December 31, 2021[8] - Non-current assets totaled HKD 6,086 thousand as of June 30, 2022, compared to HKD 6,304 thousand as of December 31, 2021[6] - The company’s total equity as of June 30, 2022, was HKD (47,105) thousand, a slight improvement from HKD (47,956) thousand at the end of the previous year[11] - The total assets as of June 30, 2022, amounted to 22,304 thousand HKD, with total liabilities of (70,260) thousand HKD[28] - The total amount of other loans increased to HKD 14,200,000 as of June 30, 2022, compared to HKD 13,900,000 in 2021[49] - The company’s trade payables as of June 30, 2022, amounted to HKD 8,478,000, an increase from HKD 7,888,000 at the end of 2021[46] - The company's total borrowings increased to HKD 49,500,000 as of June 30, 2022, from HKD 48,500,000 as of December 31, 2021[62] - Total liabilities were HKD 68,600,000 as of June 30, 2022, compared to HKD 70,300,000 as of December 31, 2021[62] Cash Flow - The net cash flow from operating activities for the first half of 2022 was (1,614) thousand HKD, an improvement from (3,554) thousand HKD in the same period of 2021[15] - The net cash and cash equivalents increased to 3,072 thousand HKD at the end of the reporting period, compared to 829 thousand HKD at the end of the previous year[15] - The financing cash flow net amount for the first half of 2022 was 2,829 thousand HKD, down from 3,013 thousand HKD in the same period of 2021[15] - The company recorded a net cash inflow of HKD 1,200,000 during the reporting period, compared to a cash outflow of HKD 700,000 in the previous year[61] Corporate Governance - The audit committee consists of three independent non-executive directors, ensuring the integrity of the financial statements and compliance with applicable accounting standards[85] - The company has adopted a code of conduct for securities trading by directors, confirming compliance during the reporting period[82] - The company has adhered to the corporate governance code as per GEM listing rules, with ongoing reviews of the board structure[84] - There were no significant contracts or agreements involving directors or major shareholders that could pose a conflict of interest during the reporting period[83] - The company has not engaged in any business activities that compete with its group during the reporting period[83] Shareholder Information - Major shareholders include Mega Trillion International Corporation with 2,596,875 shares (16.66%), Landmass Investments Limited with 1,517,212 shares (9.73%), and Jade Metro Limited with 1,031,250 shares (6.62%) as of June 30, 2022[79] - As of June 30, 2022, the total number of issued shares was 15,585,331[79] - The company did not recommend any interim dividend for the reporting period, consistent with the previous year[80] Market Conditions - The company anticipates challenges due to ongoing geopolitical tensions and the impact of the COVID-19 pandemic on the business environment[69] Other Information - The company did not acquire any property, plant, and equipment during the reporting period, compared to HKD 185,000 in 2021[39] - No stock options were granted during the reporting period, and as of June 30, 2022, there were no unexercised stock options[74] - There were no purchases, redemptions, or sales of the company's listed securities during the reporting period[81]
曼妠(08186) - 2022 - 中期财报