Financial Performance - For the six months ended September 30, 2022, the group's revenue was approximately HKD 96.5 million, a decrease of 13.5% compared to HKD 111.2 million for the same period in 2021[21] - The net profit for the same period was approximately HKD 2.0 million, down 79.6% from HKD 9.8 million in the previous year[21] - Basic earnings per share for the period were HKD 0.09, a decrease from HKD 0.25 in the previous year[24] - Total comprehensive income for the period was HKD 2.0 million, compared to HKD 9.8 million in the previous year[24] - The company recorded a total comprehensive income of HKD 2,007,000 for the six months ended September 30, 2022, improving from a total comprehensive loss of HKD 9,770,000 in the same period of 2021[35] - Net profit for the six months ended September 30, 2022, was approximately HKD 2.0 million, down from HKD 9.8 million in the same period of 2021[95] Dividends - The board of directors did not recommend the distribution of dividends for the six months ended September 30, 2022, compared to zero dividends for the same period in 2021[21] - The company did not declare any dividends for the six months ended September 30, 2022, consistent with the previous year[58] - The company does not recommend the distribution of an interim dividend for the six months ended September 30, 2022[103] Assets and Liabilities - The group's non-current assets as of September 30, 2022, amounted to HKD 173.9 million, a slight decrease from HKD 179.1 million as of March 31, 2022[27] - Current assets totaled HKD 52.8 million as of September 30, 2022, an increase from HKD 40.5 million as of March 31, 2022[27] - The group's total liabilities were HKD 120.5 million as of September 30, 2022, compared to HKD 116.1 million as of March 31, 2022[32] - The company’s total liabilities as of September 30, 2022, included current liabilities of HKD 120,513,000, primarily due to contract liabilities of HKD 115,590,000[42] - The total outstanding debt as of September 30, 2022, was approximately HKD 83.9 million, down from HKD 94.4 million as of March 31, 2022[98] - As of September 30, 2022, the company's debt-to-equity ratio was 1,631.5%, a decrease from 3,051.2% on March 31, 2022[112] Cash Flow - For the six months ended September 30, 2022, the company reported a net cash inflow from operating activities of HKD 23,339,000, compared to HKD 14,679,000 for the same period in 2021, representing a year-over-year increase of 58.1%[38] - Cash and cash equivalents increased by HKD 17,649,000 during the six months ended September 30, 2022, compared to a decrease of HKD 9,450,000 in the same period of 2021[38] - The company’s cash and cash equivalents at the beginning of the period were HKD 1,642,000, compared to HKD 39,377,000 at the beginning of the same period in 2021[38] - Cash and bank balances were approximately HKD 193 million as of September 30, 2022, compared to HKD 1.6 million as of March 31, 2022[98] Income and Expenses - The group reported a significant increase in other income to HKD 4.6 million from HKD 0.26 million in the previous year[24] - The company received government subsidies amounting to HKD 4,272,000 during the six months ended September 30, 2022, while no subsidies were recorded in the same period of 2021[52] - Employee costs totaled HKD 39,825,000 for the six months ended September 30, 2022, an increase of 11.5% from HKD 35,902,000 in the same period of 2021[53] - Employee costs rose to approximately HKD 39.8 million from HKD 35.9 million, attributed to an increase in the number of employees[88] - Depreciation expenses for property, plant, and equipment increased to approximately HKD 12.8 million from HKD 8.3 million, due to the acquisition of new assets[90] Strategic Initiatives - The company plans to implement several strategies to increase revenue, including active negotiations with banks for credit financing and financial support from major shareholders[42] - The company’s management believes that the strategic expansion of its medical beauty center network will enhance its competitive advantage and profitability[78] - The company opened new flagship centers in Mong Kok and a new center in Tsim Sha Tsui to expand its operations[78] Shareholder Information - The major shareholders, Equal Joy, hold 562,000,000 shares, representing 70.25% of the company's equity[131] - The board of directors and major shareholders have no interests in any competing businesses as of September 30, 2022[145] - The executive directors include Mr. Ye Zhen Guo and Ms. Fu Zhi Qing, with independent non-executive directors also listed[147] Compliance and Governance - The company has maintained compliance with all applicable corporate governance codes and standards as of September 30, 2022[123] - There were no significant investments, acquisitions, or disposals of subsidiaries or capital assets during the reporting period[111] - The company reported no significant contingent liabilities as of September 30, 2022, remaining unchanged from zero on March 31, 2022[116] - The company has not experienced any significant impact on its operating cash flow due to exchange rate fluctuations, as most transactions are denominated in HKD[115] Other Information - There were no major events occurring after September 30, 2022, that would impact the company's financial position[120] - The company has not purchased, sold, or redeemed any of its listed securities during the six months ending September 30, 2022[128] - The company has no plans for significant investments or capital assets as of September 30, 2022[111] - The company has adopted a share option scheme to reward and incentivize qualified individuals for their contributions, effective for ten years from September 21, 2018[141] - As of September 30, 2022, there have been no share options granted, exercised, or cancelled under the share option scheme[141] - There are no outstanding share options, warrants, derivatives, or convertible securities as of the report date[141]
亮晴控股(08603) - 2023 - 中期财报