Financial Performance - The company's revenue for the six months ended March 31, 2024, was HKD 5,735,000, representing an increase of 12.0% compared to HKD 5,119,000 for the same period in 2023[4] - The net loss before tax for the period was HKD 2,663,000, compared to a loss of HKD 2,404,000 in the previous year, indicating a 10.8% increase in losses[4] - The company reported a basic and diluted loss per share of HKD 0.24, compared to HKD 0.23 in the previous year, indicating a slight increase in loss per share[4] - Net loss for the six months ended March 31, 2024, was approximately HKD 2.7 million, an increase of about 12.5% from HKD 2.4 million in the same period of 2023[49] Employee Expenses - Employee benefit expenses rose to HKD 6,558,000, up 24.0% from HKD 5,290,000 in the prior year[4] - Employee benefits expenses for the six months ended March 31, 2024, were approximately HKD 6.6 million, up about 24.5% from HKD 5.3 million in the same period of 2023[46] - The number of employees increased to 25 as of March 31, 2024, from 15 in the previous year[58] Cash and Assets - The company's cash and cash equivalents decreased to HKD 21,371,000 from HKD 23,967,000, a decline of 10.9%[6] - Cash and cash equivalents as of March 31, 2024, were approximately HKD 21.4 million, down from HKD 24.0 million as of September 30, 2023[50] - The total assets less current liabilities amounted to HKD 27,924,000, down from HKD 30,587,000, reflecting a decrease of 8.7%[6] Revenue Sources - Customer A contributed HKD 990,000 in revenue for the six months ended March 31, 2024, while Customer B contributed HKD 600,000, an increase from HKD 400,000 in 2023[16] - The financial advisory fee income from acting as a financial advisor was HKD 3,810,000, down 14.6% from HKD 4,460,000 in the previous year[12] - The company generated other income of HKD 496,000, a decrease of 3.1% from HKD 512,000 in the same period last year[13] Other Financial Metrics - The average weighted number of ordinary shares for calculating basic loss per share increased to 1,100,000,000 in 2024 from 1,064,286,000 in 2023[20] - The company incurred net other losses of HKD 935,000, an improvement from HKD 1,433,000 in the previous year, showing a reduction of 34.8%[13] - The company reported a net foreign exchange loss of HKD 35,000 for the six months ended March 31, 2024, compared to HKD 5,000 in 2023[17] Corporate Governance and Compliance - The company has complied with the corporate governance code as per GEM Listing Rules Appendix C1 during the six months ending March 31, 2024[62] - The audit committee, composed of three independent non-executive directors, has reviewed the unaudited consolidated results for the six months ending March 31, 2024[78] - The company has adopted the GEM Listing Rules as its code of conduct for securities transactions by its directors, confirming compliance during the period[63] Future Outlook - The company has not provided specific guidance for future performance or new product developments in the announcement[4] - The company has been actively engaging new clients through telecommunications media and competitive pricing strategies in a challenging economic environment[40] Dividends and Investments - The company did not declare any dividends for the six months ended March 31, 2024, consistent with 2023[19] - No significant investments, acquisitions, or disposals of subsidiaries or capital assets during the reporting period, with a total equity investment portfolio valued at approximately HKD 10.4 million as of September 30, 2023[59]
宝积资本(08168) - 2024 - 中期业绩