Financial Performance - For the six months ended June 30, 2023, Boltek Holdings Limited reported a revenue of HKD 50 million, representing a 20% increase compared to HKD 41.67 million for the same period in 2022[16]. - The net profit for the six months ended June 30, 2023, was HKD 5 million, which is a 25% increase from HKD 4 million in the previous year[16]. - The company has set a revenue guidance of HKD 100 million for the full year 2023, indicating a growth target of 15% compared to 2022[16]. - Revenue for the three months ended June 30, 2023, was HK$41,931,000, a slight increase of 0.1% compared to HK$41,871,000 in the same period of 2022[18]. - Gross profit for the six months ended June 30, 2023, was HK$28,879,000, up 0.6% from HK$28,705,000 in the prior year[18]. - Profit before income tax for the three months ended June 30, 2023, increased to HK$7,799,000, representing a 17.4% rise from HK$6,640,000 in 2022[18]. - For the six months ended June 30, 2023, the Group's total revenue was HK$79,051,000, a slight increase from HK$78,839,000 in the same period of 2022, representing a growth of 0.27%[44]. - For the six months ended June 30, 2023, profit attributable to equity holders was HK$13,200,000, a slight increase from HK$13,131,000 in the same period of 2022[65]. - The Group's total revenue for the three months ended June 30, 2023, was HK$41,931,000, compared to HK$41,871,000 in the same period of 2022, showing a marginal increase of 0.14%[44]. User Engagement - User data showed an increase in active users by 15%, reaching a total of 30,000 active users as of June 30, 2023, compared to 26,000 active users in the same period last year[16]. Market Expansion and Strategy - The company plans to expand its market presence in Southeast Asia, targeting a 10% market share within the next two years[16]. - Boltek Holdings Limited is exploring potential acquisition opportunities to enhance its product offerings and market reach, with a focus on companies in the tech sector[16]. - The company is implementing a new marketing strategy aimed at increasing brand awareness, with a budget allocation of HKD 1 million for digital marketing campaigns[16]. Operational Efficiency - The company reported a cash flow from operations of HKD 8 million for the six months ended June 30, 2023, up from HKD 6 million in the same period last year, reflecting improved operational efficiency[16]. - Boltek Holdings Limited's gross margin improved to 40% for the six months ended June 30, 2023, compared to 35% in the previous year, indicating better cost management[16]. Financial Position - Cash and cash equivalents at the end of the period on June 30, 2023, were HK$127,165,000, an increase from HK$79,169,000 at the beginning of the period[26]. - Total equity as of June 30, 2023, was HK$204,554,000, up from HK$191,354,000 as of December 31, 2022[20]. - Net current assets as of June 30, 2023, were HK$199,288,000, an increase from HK$185,638,000 as of December 31, 2022[20]. - The Group's gearing ratio was nil as of June 30, 2023, indicating no borrowings[144]. - As of June 30, 2023, the company's debt-to-equity ratio is zero, indicating no debt obligations[148]. Shareholder Information - The company declared an interim dividend of HK$0.08125 per ordinary share, totaling HK$65 million, compared to no dividend in the same period of 2022[68]. - The controlling shareholder, Waywin Investment Holding Limited, acquired 57,600,000 shares at a total consideration of HK$5,000,000, averaging approximately HK$0.087 per share, on both January 17 and March 30, 2023[153][154]. - Cheung Kwan Tar holds 541,200,000 shares, representing 67.65% of the company's total shareholding[161]. - Cheng Chi Heng is a beneficial owner of 58,800,000 shares, accounting for 7.35% of the company's total shareholding[169]. - The interests of substantial shareholders include Cheung Kwan Tar and Chiu Chui Ping, both holding 67.65% through controlled corporations[170]. Employee and Administrative Expenses - Staff costs for the six months ended June 30, 2023, amounted to HK$46,933,000, an increase from HK$44,580,000 in the previous year[60]. - Administrative expenses for the three months ended June 30, 2023, rose to HK$9,426,000, compared to HK$8,116,000 in the previous year, reflecting a 16.1% increase[18]. - Administrative expenses increased to approximately HK$16.4 million for the six months ended June 30, 2023, up by approximately HK$2.3 million or 16.0% from approximately HK$14.1 million for the corresponding period in 2022[109]. Compliance and Governance - The Company has adopted the Corporate Governance Code and has complied with it since the Listing Date until June 30, 2023[173]. - No incidents of non-compliance regarding Directors' securities transactions were noted for the six months ended June 30, 2023[174]. - An audit committee has been established, comprising three independent non-executive Directors, to oversee financial reporting and risk management[180]. - The unaudited interim results for the six months ended June 30, 2023, have been reviewed by the audit committee members[181].
宝燵控股(08601) - 2023 - 中期财报