Financial Performance - For the three months ended September 30, 2022, total revenue was HK$1,821,000, a decrease of 11.5% compared to HK$2,064,000 for the same period in 2021[10]. - For the six months ended September 30, 2022, total revenue was HK$3,413,000, slightly down from HK$3,425,000 in the corresponding period of 2021, representing a decrease of 0.4%[10]. - The loss for the period attributable to owners of the Company for the three months ended September 30, 2022, was HK$3,893,000, compared to a loss of HK$1,788,000 for the same period in 2021, indicating an increase in loss of 117.5%[12]. - The loss for the six months ended September 30, 2022, was HK$7,789,000, up from HK$6,782,000 in the same period of 2021, reflecting an increase of 14.8%[12]. - Basic loss per share for the three months ended September 30, 2022, was HK$0.19, compared to HK$0.09 for the same period in 2021[12]. - Basic loss per share for the six months ended September 30, 2022, was HK$0.39, an increase from HK$0.34 in the corresponding period of 2021[12]. - The company reported a total comprehensive loss of HK$7,789,000 for the six months ended September 30, 2022, compared to a loss of HK$6,468,000 for the same period in 2021[22]. Assets and Liabilities - Non-current assets as of September 30, 2022, totaled HK$10,116,000, down from HK$11,979,000 as of March 31, 2022, representing a decrease of 15.5%[14]. - Current assets as of September 30, 2022, were HK$186,208,000, slightly down from HK$187,487,000 as of March 31, 2022, indicating a decrease of 0.7%[14]. - Total current liabilities increased to HK$49,191,000 from HK$43,209,000 as of March 31, 2022, representing a 13.8% increase[19]. - Net current assets decreased to HK$137,017,000 from HK$144,278,000, a decline of 5.1%[19]. - Total equity attributable to owners of the company decreased to HK$145,545,000 from HK$153,334,000, a reduction of 5.1%[22]. - Cash and bank balances decreased to HK$118,740,000 as of September 30, 2022, from HK$133,389,000 as of March 31, 2022, indicating a decrease of 11.0%[14]. Revenue Breakdown - Revenue from securities dealing and brokerage services for the six months ended September 30, 2022, was HK$647,000, down 59% from HK$1,580,000 in the previous year[43]. - Interest income from margin financing increased to HK$1,559,000 for the six months ended September 30, 2022, representing a 37% increase from HK$1,141,000 in the same period of 2021[43]. - Interest income from loan financing and money lending rose to HK$732,000 for the six months ended September 30, 2022, up 33% from HK$550,000 in the previous year[43]. - Revenue from supply chain financing and logistic services was HK$283,000 for the six months ended September 30, 2022, compared to no revenue in the same period of 2021[43]. - Commission expenses for the six months ended September 30, 2022, were HK$202,000, a decrease of 70% from HK$670,000 in the previous year[47]. Operating Expenses - Total operating expenses for the three months ended September 30, 2022, were HK$3,404,000, significantly higher than HK$1,011,000 in the same period of 2021, marking a 236.4% increase[53]. - The company incurred a foreign exchange loss of HK$1,475,000 for the three months ended September 30, 2022, while there was no foreign exchange loss reported in the same period of 2021[53]. - Legal and professional fees for the three months ended September 30, 2022, amounted to HK$618,000, up from HK$272,000 in 2021, reflecting a 127.9% increase[53]. - The company reported depreciation expenses of HK$658,000 for property, plant, and equipment for the six months ended September 30, 2022, compared to HK$156,000 in 2021, representing a 320.5% increase[58]. Share Capital and Dividends - The company’s share capital remained unchanged at HK$20,000,000 as of September 30, 2022[22]. - No dividend was declared or paid during the six months ended September 30, 2022, consistent with the previous year[66]. - The company’s issued and fully paid ordinary shares remained at 2,000,000 with a total amount of HK$20,000,000 as of both September 30, 2022, and March 31, 2022[107]. Corporate Governance and Shareholding - The Company has not noted any significant matters regarding its business or financial performance since the reporting period[175]. - The Company’s issued share capital is primarily held by a small number of substantial shareholders, with Mr. Fok and Ms. Hsieh being the largest[183]. - The Company has a total of 1,199,640,000 shares held by CWIL, which is a controlled corporation by Mr. Fok and Ms. Hsieh[182]. - All Directors confirmed compliance with the Required Standard of Dealings throughout the six months ended September 30, 2022[199]. - The Board is committed to high standards of corporate governance practices to safeguard shareholders' interests and the Group's assets[200].
PF GROUP(08221) - 2023 - 中期财报