Revenue and Profitability - For the six months ended September 30, 2023, the group's revenue was approximately HKD 116.6 million, an increase of about HKD 20.1 million or 20.8% compared to approximately HKD 96.5 million for the same period in 2022[3]. - For the six months ended September 30, 2023, the company's revenue was approximately HKD 116.6 million, compared to HKD 96.5 million for the same period in 2022, representing a growth of 21.9%[80]. - The company reported a profit before tax of HKD 1.5 million for the six months ended September 30, 2023, down from HKD 2.2 million in the same period of 2022, indicating a decline of 30.5%[83]. - The group reported a net profit of approximately HKD 1.5 million for the six months ended September 30, 2023, compared to HKD 2.0 million for the same period in 2022, representing a decrease of 25%[105]. - The group incurred a total comprehensive loss of HKD 1.498 million during the period, compared to a profit of HKD 2.007 million in the same period last year[190]. Expenses and Costs - The total expenses for the six months ended September 30, 2023, amounted to HKD 115.1 million, an increase from HKD 97.6 million in the same period of 2022, reflecting a rise of 17.9%[83]. - Employee costs increased to approximately HKD 44.9 million from HKD 39.8 million, attributed to an increase in the number of employees[5]. - Marketing and promotional expenses increased to HKD 11.5 million for the six months ended September 30, 2023, from HKD 8.7 million in the same period of 2022, a rise of 32.7%[50]. - Depreciation expenses were approximately HKD 12.9 million, slightly up from HKD 12.8 million, due to the acquisition of properties, plants, and equipment[6]. Assets and Liabilities - Total assets as of September 30, 2023, amounted to HKD 156.4 million, an increase from HKD 148.5 million as of March 31, 2023[116]. - The group’s total liabilities as of September 30, 2023, were HKD 152.1 million, compared to HKD 148.5 million as of March 31, 2023, indicating a slight increase[128]. - The company’s equity totalled HKD 20.999 million as of September 30, 2023, up from HKD 19.501 million as of April 1, 2023[188]. - Cash and cash equivalents increased to HKD 22.2 million from HKD 19.2 million as of March 31, 2023, reflecting a growth of 15.6%[173]. - Trade and other receivables rose to HKD 25.1 million from HKD 8.5 million, showing a significant increase of 194%[112]. Strategic Plans and Market Outlook - The group plans to closely monitor market conditions and strengthen its sustainable development strategy to seize opportunities in the medical beauty services industry[2]. - The company aims to expand its service offerings to enhance its competitive advantage in the medical beauty sector[55]. - The company plans to continue expanding its skincare product offerings and enhance service delivery in Hong Kong[175]. - Future outlook remains cautious due to market conditions, but the company aims to improve operational efficiency and explore new market opportunities[175]. Other Financial Information - Other income for the same period was approximately HKD 1.2 million, a decrease from HKD 4.6 million in the previous year, primarily due to government subsidies received in 2022[4]. - The average effective interest rate for lease liabilities ranged from 0.01% to 8.67% as of September 30, 2023[10]. - The final consideration for a completed sale was approximately HKD 23.07 million, with part of the payment made in cash and the remainder through promissory notes[16]. - The group purchased properties, plants, and equipment amounting to approximately HKD 4.4 million, a decrease from HKD 17.2 million in the previous year[11]. - The company did not recommend any dividend distribution for the six months ended September 30, 2023, consistent with the previous year[81]. - The company has no plans for significant investments or capital assets as of September 30, 2023[57]. - The group has no plans to purchase, sell, or redeem any of its listed securities during the reporting period[23]. - The company has adopted GEM listing rules for securities trading behavior, confirming compliance as of September 30, 2023[53]. - The group’s operating cash flow for the six months was HKD 23.3 million, indicating a strong cash generation capability[168].
亮晴控股(08603) - 2024 - 中期财报