高丰集团控股(02863) - 2025 - 年度业绩
2025-12-30 12:56
Financial Performance - For the fiscal year ending September 30, 2025, the total revenue was HKD 467,145,000, a decrease of 36.6% compared to HKD 736,676,000 in the previous year[3] - The cost of sales for the same period was HKD 452,502,000, resulting in a gross profit of HKD 14,643,000, which is an increase of 9.4% from HKD 13,382,000 in the prior year[3] - The total comprehensive loss for the year was HKD 18,797,000, compared to a loss of HKD 16,764,000 in the previous year, indicating a worsening of 12.1%[3] - Basic and diluted loss per share for the year was HKD 2.69, compared to HKD 0.95 in the previous year, reflecting an increase in loss per share of 182.1%[3] - The company reported a pre-tax loss of HKD 19,509,000 for the year ending September 30, 2025, compared to a pre-tax loss of HKD 16,173,000 in 2024, reflecting a worsening financial performance[16] - The company reported a pre-tax loss of HKD 17,938,000 for 2025, compared to a loss of HKD 6,313,000 in 2024, indicating a significant increase in losses[23] Assets and Liabilities - Non-current assets decreased to HKD 6,913,000 from HKD 8,685,000, a decline of 20.4%[4] - Current assets decreased to HKD 273,694,000 from HKD 329,007,000, a reduction of 16.8%[4] - Total liabilities decreased to HKD 45,655,000 from HKD 62,193,000, a decrease of 26.6%[4] - The net asset value decreased to HKD 234,897,000 from HKD 273,313,000, a decline of 14.0%[5] - The total assets of the company as of September 30, 2025, included HKD 2,018,000,000 in property, plant, and equipment, down from HKD 957,000,000 in 2024[19] - The company’s total liabilities related to contract liabilities decreased to HKD 9,970,000 in 2025 from HKD 26,719,000 in 2024, a reduction of 62.7%[26] Revenue Sources - Service revenue for electrical and maintenance engineering services decreased to HKD 467,145,000 in 2025 from HKD 736,676,000 in 2024, representing a decline of approximately 36.6%[12] - Major customer A contributed HKD 374,594,000 to total revenue in 2025, down from HKD 483,522,000 in 2024, while customer B's contribution fell to HKD 65,842,000 from HKD 155,739,000[20] - The company recognized a net loss of HKD 324,000 from other income and losses in 2025, compared to a net gain of HKD 7,000,000 in 2024, indicating a significant decline in other income sources[20] - Other income for the fiscal year 2025 was approximately HKD 1.9 million, a decrease of about HKD 1.6 million primarily due to reduced bank interest income[32] Operational Costs - The company’s administrative expenses increased to HKD 7,823,000 in 2025 from HKD 9,362,000 in 2024, indicating a rise in operational costs despite lower revenues[16] - Administrative expenses decreased by approximately HKD 4.4 million or 11.1% in fiscal year 2025, mainly due to reductions in share-based payment expenses and legal fees[34] - The company’s employee costs decreased to HKD 275,731,000 in 2025 from HKD 368,104,000 in 2024, a decrease of approximately 25.0%[21] Contracts and Future Obligations - The remaining performance obligations for electrical and maintenance engineering services contracts as of September 30, 2025, total HKD 1,982,296,000, compared to HKD 715,495,000 in 2024, indicating a significant increase[14] - Contract assets from engineering service contracts increased to HKD 133,093,000 in 2025, up from HKD 60,369,000 in 2024, representing a growth of 120.5%[26] - The company secured long-term contracts totaling over HKD 1.9 billion, contributing to stable future income[40] Dividends and Shareholder Information - The company declared an interim dividend of HKD 0.03 per share for 2025, totaling HKD 20,004,000, while no dividend was declared for 2024[23] - The company has decided not to recommend any final dividend for the fiscal year ending September 30, 2025, with a mid-term dividend of HKD 0.03 per share totaling approximately HKD 20,004,000 for the period ending March 31, 2025[54] Compliance and Governance - The audit committee has reviewed the consolidated financial statements for the fiscal year 2025, including the accounting principles and practices adopted by the group[52] - The company has adopted the standard code of conduct for securities trading by directors, confirming compliance for the fiscal year 2025[51] - There have been no significant events requiring disclosure from September 30, 2025, to the date of this announcement[53] - Deloitte has confirmed that the figures in the preliminary announcement align with the audited consolidated financial statements approved by the board on December 30, 2025[56] - The annual report for the fiscal year 2025 will be distributed to shareholders and published on the company's website at an appropriate time[57] Employee Information - Employee count as of September 30, 2025, included 84 long-term employees and 547 short-term employees, reflecting a reduction in short-term staff from 1,022 in the previous year[41]
首都创投(02324) - 2025 - 年度业绩
2025-12-30 12:28
Financial Performance - For the fiscal year ending September 30, 2025, the company reported a net profit of HKD 131,088,977, a significant recovery from a loss of HKD 19,915,626 in the previous year[3] - The company reported a pre-tax profit of HKD 131,088,977 for the year ending September 30, 2025, compared to a pre-tax loss of HKD 20,326,277 in the previous year[16] - Total comprehensive income for the year 2025 was HKD 131,088,977, a significant recovery from a loss of HKD 19,915,626 in 2024[25] - Net profit attributable to equity holders was approximately HKD 131,100,000 for the current year, a significant recovery from a net loss of HKD 19,900,000 in the previous year[33] Investment Income - The company's investment income increased to HKD 20,660,012, up from HKD 19,849,416, reflecting a growth of approximately 4.1% year-over-year[3] - The net investment income (loss) for the year ending September 30, 2025, was HKD 125,276,732, compared to a loss of HKD 22,181,450 for the previous year[14] - The group's listed investments generated a profit of HKD 125,300,000, reversing a loss of HKD 22,100,000 from the previous year[33] - The group recorded total investment income of approximately HKD 125,300,000 from listed securities for the year ended September 30, 2025[60] - The group generated bond interest income of HKD 20,600,000 during the same period[60] Assets and Liabilities - The total assets of the company rose to HKD 417,715,571, compared to HKD 209,094,102 in the previous year, indicating a growth of about 99.9%[4] - Total assets as of September 30, 2025, were HKD 474,939,165, up from HKD 352,974,554 in the previous year, indicating a growth of approximately 34.5%[18] - Total liabilities decreased to HKD 36,344,050 as of September 30, 2025, from HKD 45,468,416 in 2024, representing a reduction of about 20.2%[18] - The company's equity attributable to shareholders increased to HKD 438,595,115 from HKD 307,506,138, reflecting a growth of approximately 42.6%[4] Cash and Financing - The cash and cash equivalents increased to HKD 38,258,394 from HKD 25,178,400, marking a growth of approximately 51.8%[4] - The company reported a decrease in financing costs to HKD 3,582,063 from HKD 6,396,834, a reduction of about 44.5%[3] - The total employee costs, including directors' remuneration, decreased to HKD 3,553,561 in 2025 from HKD 3,796,543 in 2024, a decline of about 6.4%[23] - The group has pledged listed stocks valued at approximately HKD 82,400,000 as collateral for margin financing[56] Corporate Governance - The company has adhered to the corporate governance code as per the listing rules, with the exception of the separation of roles between the Chairman and CEO, which is managed collectively by the executive directors[64] - The audit committee, composed of three independent non-executive directors, held three meetings this year to review financial reporting, risk management, and internal control systems[67] - The company has a robust corporate governance structure to effectively supervise management, ensuring adaptability to changing environments[64] - The board consists of both executive and independent non-executive directors, ensuring a diverse governance structure[70] Accounting Standards - The company has adopted new and revised Hong Kong Financial Reporting Standards, which did not have a significant impact on the financial position and performance for the year[7] - The company expects that the adoption of new accounting standards will not have a significant impact on its financial performance or position[12] - The new Hong Kong Financial Reporting Standard 18 will come into effect for annual periods beginning on or after January 1, 2027, allowing for early adoption[12] Market Position and Strategy - The company aims to strengthen its market position and expand capacity in response to the growing demand in the umbrella market[46] - Japan Symbiosis Group plans to diversify its business by investing in modern logistics and data centers to adapt to the rapid transformation driven by e-commerce and digitalization[48] Other Financial Metrics - The current ratio improved from 4.6 to 11.5, indicating a strong liquidity position[38] - The debt-to-equity ratio decreased to 8.0% from 14.0% in the previous year, reflecting a low level of leverage[39] - The company did not declare any dividends for the year ending September 30, 2025, consistent with the previous year[24] - The company has recognized expected credit losses of approximately HKD 3,000,000 for bond investments and HKD 400,000 for receivables from the sale of investments during the year[52]
信铭生命科技(00474) - 2026 - 中期财报
2025-12-30 12:08
(Stock Code 股份代號 : 00474) (Incorporated in the Cayman Islands with limited liability) (於開曼群島註冊成立的有限公司) 2025 INTERIM REPORT 中期報告 Interim Report 2025 中期報告 Contents 目 錄 2 Corporate Information 公司資料 4 Management Discussion and Analysis 管理層討論及分析 13 Disclosure of Interests 權益披露 16 Corporate Governance 企業管治 19 Condensed Consolidated Statement of Profit or Loss and Other Comprehensive Income 簡明綜合損益及其他全面收益表 22 Condensed Consolidated Statement of Financial Position 簡明綜合財務狀況報表 24 Condensed Consolidated Statement of Ch ...
昊天国际建投(01341) - 2026 - 中期财报
2025-12-30 11:45
Financial Performance - For the six months ended September 30, 2025, the Group recorded a revenue of approximately HK$41 million, a decline of approximately HK$45 million compared to the prior period[13]. - The loss before tax for the period was approximately HK$39 million, compared to a loss of approximately HK$80 million in the prior period[13]. - The gross profit dropped significantly from approximately HK$31 million in the prior period to approximately HK$1 million in the current period, primarily due to high costs in the rental and sales of construction machinery[62]. - The Group incurred a loss of approximately HK$36 million for the Period, an improvement from a loss of approximately HK$81 million in the prior period[60]. - Revenue from the financial services business was approximately HK$3 million, down from approximately HK$6 million in the prior period[18]. - The aggregated revenue from asset management, securities brokerage, and other financial services was approximately HK$4 million, a decrease of approximately HK$3 million compared to the prior period[69]. - Administrative expenses increased by approximately 30% to approximately HK$35 million, up from approximately HK$27 million in the prior period[71]. - Finance costs rose to approximately HK$9 million from approximately HK$6 million in the prior period, mainly due to increased bank and other borrowings[78]. - The Group recognized a provision for expected credit losses on financial assets of approximately HK$3 million, a decrease from approximately HK$17 million in the prior period[72]. - The total comprehensive expenses for the period attributable to owners of the Company were HK$36 million, down from HK$61 million, indicating a reduction in overall losses[184]. Construction Machinery and Services - The utilization rate of the Group's construction machinery rental fleet fell to approximately 50%, indicating a significant slowdown in construction activities[14]. - The decline in revenue was primarily due to reduced demand for heavy construction machinery resulting from a lack of new infrastructure projects in Hong Kong[14]. - Sales of construction machinery and spare parts were approximately HK$5 million, down from approximately HK$11 million in the prior period, while rental income from construction machinery decreased to approximately HK$29 million from approximately HK$65 million[68]. - The anticipated Northern Metropolis infrastructure initiative in Hong Kong is expected to stimulate demand for construction equipment, with the company ready to deploy its fleet[140]. - The Group maintains a cautiously optimistic long-term outlook for the construction machinery rental and sales business, anticipating a significant land tender in the Northern Metropolis of Hong Kong to stimulate demand for construction equipment and services by October 2025[143]. Financial Position and Assets - As of September 30, 2025, the Group's current assets were approximately HK$280 million, while current liabilities were approximately HK$159 million, indicating an increase in both compared to 31 March 2025[80]. - The Group's total borrowings increased to HK$599 million as of September 30, 2025, from HK$592 million as of March 31, 2025[97]. - The net debts decreased to HK$493 million as of September 30, 2025, from HK$551 million as of March 31, 2025[97]. - The gearing ratio improved to 27.4% as of September 30, 2025, down from 35.8% as of March 31, 2025[97]. - Total assets as of September 30, 2025, increased to HK$2,034 million from HK$1,709 million as of March 31, 2025, reflecting a growth of 19.0%[185]. - Non-current assets totaled HK$1,754 million, up from HK$1,452 million, representing a 20.8% increase[185]. - Cash and cash equivalents rose to HK$106 million from HK$41 million, indicating a significant improvement in liquidity[185]. - As of September 30, 2025, total assets less current liabilities increased to HK$1,875 million from HK$1,582 million as of March 31, 2025, reflecting a growth of 18.5%[186]. - Net assets rose to HK$1,307 million, up from HK$989 million, indicating a significant increase of 32.1%[186]. Loan Management and Credit Risk - The Group did not have material loan receivables as of September 30, 2025, with total loan receivables settled during the period being approximately HK$2 million[24]. - The company did not grant any new loans during the period, consistent with the previous year[27]. - The company has adopted a credit risk policy that includes comprehensive due diligence on potential borrowers, assessing their identity, financial conditions, and creditworthiness[29]. - The risk management department reviews the risk level of each loan daily and reports to senior management, including the CEO and Financial Controller[40]. - The company aims to diversify its loan portfolio to reduce concentration risk by lending to various types of borrowers[29]. - The company requires documentation such as loan applications, proof of identity, and credit reports from potential borrowers before granting loans[32]. - The company assesses the necessity and value of collateral on a case-by-case basis before granting loans[34]. - The risk management department conducts daily reviews of loan risk levels and reports to senior management on loan defaults or late repayments[44]. - The Group did not recognize any provision for expected credit loss of loans receivables during the Period, compared to approximately HK$10 million in the prior Period[54]. Corporate Governance and Compliance - The Company has fully complied with the Corporate Governance Code, except for a deviation regarding the separation of roles between the Chairman and Chief Executive[145]. - The Group is committed to continuously improving its corporate governance practices through periodic reviews to meet CG Code requirements[147]. - The Audit Committee, established on October 23, 2015, comprises four independent non-executive Directors and is responsible for reviewing the financial reporting process and internal control systems of the Group[153]. - The unaudited interim results and financial report for the period have been reviewed by the Audit Committee, ensuring compliance with corporate governance standards[154]. - The Group has adopted all new and revised HKFRSs effective from 1 April 2025, with no significant changes to accounting policies or financial statement presentation[195]. Strategic Initiatives and Future Outlook - The company plans to submit an application to the Securities and Futures Commission to seek approval for providing virtual asset trading services by August 31, 2025[25]. - The company is focusing on expanding its margin financing business and developing virtual assets, indicating a shift towards digital finance solutions[131]. - The Group is exploring opportunities in the virtual asset trading sector for retail customers, pending regulatory approval, which is expected to expand the customer base and enhance service offerings[143]. - The management emphasizes prudent financial management and operational efficiency, continuously assessing market trends to explore new business models that enhance risk resilience and create long-term shareholder value[143]. - The company plans to enhance its service offerings by providing virtual asset dealing services, pending approval from the SFC, which is expected to diversify its customer base[141].
日光控股(08451) - 2025 - 年度财报
2025-12-30 11:32
CHARACTERISTICS OF GEM GEM之特色 GEM has been positioned as a market designed to accommodate small and mid-sized companies to which a higher investment risk may be attached than other companies listed on the Stock Exchange. Prospective investors should be aware of the potential risks of investing in such companies and should make the decision to invest only after due and careful consideration. Given that the companies listed on GEM are generally small and mid-sized companies, there is a risk that securities tr ...
滉达富控股(01348) - 2026 - 中期财报
2025-12-30 11:02
2025/2026 Interim Report 中期報告 Contents 目錄 | | | Page 頁次 | | --- | --- | --- | | Corporate Information | 公司資料 | 2 | | Management Discussion and Analysis | 管理層討論及分析 | 4 | | Other Information | 其他資料 | 15 | | Condensed Consolidated Financial Statements | 簡明綜合財務報表 | | | – Condensed Consolidated Statement of Comprehensive Income | ― 簡明綜合全面收益表 | 21 | | – Condensed Consolidated Statement of Financial Position | ― 簡明綜合財務狀況表 | 22 | | – Condensed Consolidated Statement of Changes In Equity | ― 簡明綜合權益變動表 | 24 | | – Con ...
十方控股(01831) - 2025 - 年度业绩
2025-12-30 10:35
香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責, 對其準確性或完整性亦不發表任何聲明,並表明概不會就因本公告全部或任何部 分內容而產生或因依賴該等內容而引致的任何損失承擔任何責任。 SHIFANG HOLDING LIMITED 執行董事(主席兼行政總裁) 陳志 澄清公告 茲提述十方控股有限公司(「本公司」)日期為二零二二年八月四日相關業務收購 之公告、二零二三年三月三十一日截至二零二二年十二月三十一日止年度全年業 績公告、二零二三年八月二十三日「最新業務情況-撤銷通知及宣布收購事項無 效的可能訴訟」之公告及二零二四年二月二十六日「最新業務情況-以和解方式 撤銷收購事項之公告」。 本公司謹此澄清,依照以上公告提及的相關事實及本公司對目標公司「百鳴及琢 石」始終未有任何現金投資,基於該業務發出的相關股票亦依照公告內容由「百鳴 及琢石」之持股代表人念家興先生同意全額退回予本公司。羅兵咸永道會計師事 務所(「PWC」)就本集團截至二零二二年十二月三十一日止年度的收益表內確認 本集團分佔虧損人民幣75,034,000元(「該財物數據」),因為「百鳴及琢石」的全部 股東及財務資料均被北京市朝陽公 ...
富一国际控股(01470) - 2026 - 中期业绩
2025-12-30 10:23
香港交易及結算所有限公司及香港聯合交易所有限公司(「聯交所」)對本公告的內容概不負責,對其準確性或 完整性亦不發表任何聲明,並明確表示,概不對因本公告全部或任何部份內容而產生或因倚賴該等內容而引 致的任何損失承擔任何責任。 PROSPER ONE INTERNATIONAL HOLDINGS COMPANY LIMITED 富 一 國 際 控 股 有 限 公 司 ( 於開曼群島註冊成立之有限公司) (股份代號:1470) 截至二零二五年十月三十一日止六個月 之中期業績公告 中期業績 富一國際控股有限公司董事會( 分別為「本公司」、「董事」及「董事會」)公佈本公司及其附屬 公司( 統稱「本集團」)截至二零二五年十月三十一日止六個月(「回顧期間」)之未經審核簡明 綜合業績,連同相關比較數字如下: 簡明綜合損益及其他全面收益表 截至二零二五年十月三十一日止六個月 | | | 截至十月三十一日 | | | --- | --- | --- | --- | | | | 止六個月 | | | | | 二零二五年 | 二零二四年 | | | 附註 | 千港元 | 千港元 | | | | (未經審核) ( | 未經審核) | ...
星谦发展(00640) - 2025 - 年度业绩
2025-12-30 10:17
香港交易及結算所有限公司、香港聯合交易所有限公司及新加坡證券交易所有限 公司對本公告之內容概不負責,對其準確性或完整性亦不發表任何聲明,並明確 表示概不就因本公告全部或任何部分內容而產生或因依賴該等內容而引致之任何 損失承擔任何責任。 INFINITY DEVELOPMENT HOLDINGS COMPANY LIMITED 星 謙 發 展 控 股 有 限 公 司 ( 於 開 曼 群 島 註 冊 成 立 的 有 限 公 司 ) (香港股份代號:640) ( 公司註冊編號:234794 ) (新加坡股份代號:ZBA) 截至二零二五年九月三十日止年度之年度業績公告 星謙發展控股有限公司(「本公司」)董事(「董事」)會(「董事會」)謹此公佈本公司 及其附屬公司(統稱「本集團」)截至二零二五年九月三十日止年度之經審核綜合 年度業績,連同截至二零二四年九月三十日止年度之比較數字。本公司審核委員 會(「審核委員會」)已審閱本集團截至二零二五年九月三十日止年度之年度業績。 綜合損益及其他全面收益表 截至二零二五年九月三十日止年度 | | | | | 增加╱ | | --- | --- | --- | --- | --- | ...
美高域(01985) - 2026 - 中期财报
2025-12-30 10:14
Financial Performance - Total revenue for the six months ended September 30, 2025, was approximately HKD 658.8 million, a decrease of about HKD 61.9 million or 8.6% compared to HKD 720.7 million for the previous period[9]. - Gross profit for the same period was approximately HKD 74.6 million, an increase of about HKD 7.9 million or 11.8% from HKD 66.7 million in the previous period, primarily due to reduced sales costs[11]. - Profit and total comprehensive income for the period was approximately HKD 3.1 million, a decrease of about HKD 10.4 million or 77.0% from HKD 13.5 million in the previous period[13]. - Revenue from the IT infrastructure solutions segment was approximately HKD 591.1 million, a decrease of about HKD 58.0 million or 8.9% compared to HKD 649.1 million in the previous period, contributing approximately 89.7% to total revenue[9]. - Revenue for the six months ended September 30, 2025, was HKD 658,833,000, a decrease of 8.6% compared to HKD 720,738,000 for the same period in 2024[50]. - Gross profit increased to HKD 74,594,000, up 11.3% from HKD 66,717,000 year-over-year[50]. - The company reported a net profit attributable to shareholders of HKD 2,432,000, a significant decline of 80% from HKD 12,181,000 in the previous year[50]. - Total comprehensive income for the period was HKD 3,055,000, down from HKD 13,454,000 in the prior year[50]. Operating Expenses and Costs - Operating expenses totaled approximately HKD 77.8 million, an increase of about HKD 20.7 million or 36.3% compared to HKD 57.1 million in the previous period, driven by increased operational costs related to business development in China[12]. - The cost of inventory recognized as an expense was HKD 487,011,000 for the six months ending September 30, 2025, down from HKD 543,450,000 in 2024, indicating a reduction of 10.4%[76]. - The group incurred depreciation expenses of HKD 6,739,000 for the six months ending September 30, 2025, slightly down from HKD 6,987,000 in 2024[76]. - The group reported a provision for inventory of HKD 3,532,000 for the six months ending September 30, 2025, compared to HKD 1,386,000 in 2024, indicating an increase of 154.5%[76]. Assets and Liabilities - Total bank borrowings as of September 30, 2025, amounted to approximately HKD 76.9 million, up from HKD 22.5 million as of March 31, 2025[14]. - Net current assets were approximately HKD 105.9 million as of September 30, 2025, down from approximately HKD 148.9 million as of March 31, 2025[16]. - Total assets decreased to HKD 472,187,000 from HKD 630,059,000, a decline of 25.1%[52]. - Current liabilities decreased to HKD 366,294,000 from HKD 481,136,000, a reduction of 24%[52]. - The company’s equity attributable to shareholders decreased to HKD 191,089,000 from HKD 222,617,000, a decline of 14.2%[52]. - Cash and cash equivalents were approximately HKD 66.0 million as of September 30, 2025, down from approximately HKD 160.9 million as of March 31, 2025[16]. - Trade receivables as of September 30, 2025, amounted to HKD 163,061,000, a decrease from HKD 189,344,000 as of March 31, 2025, representing a decline of approximately 13.9%[88]. - Trade payables as of September 30, 2025, were HKD 134,474,000, significantly lower than HKD 248,769,000 as of March 31, 2025, indicating a reduction of approximately 46%[90]. Shareholder Information - A total of 29,998,000 shares, representing approximately 10% of the company's issued shares, were granted under the share incentive plan on January 3, 2025[37]. - The company granted a total of 15,000,000 options under the share option plan on August 15, 2025, with an exercise price of HKD 1.67 per share[39]. - Major shareholder Weiye Holdings holds 120,189,400 shares, accounting for 40.06% of the total shares issued, which is 300,000,000 shares[45]. - The company’s chairman, Mr. Wang Guangbo, has a controlled interest in Weiye Holdings and has transferred 47,000,000 shares to it, resulting in a total indirect ownership of 55.73% of the issued share capital[46]. - As of September 30, 2025, Mr. Wang Guangbo holds an additional 47,000,000 shares directly, representing 15.67% of the total shares issued[42]. - The total number of stock options available for grant decreased from 30,000,000 shares to 15,000,000 shares during the period[41]. Dividends and Investments - The board has decided not to declare an interim dividend for this period, consistent with the previous period[25]. - The group did not hold any significant investments during this period[26]. - There were no significant acquisitions or disposals of subsidiaries, associates, or joint ventures during this period, and no future major investment plans as of September 30, 2025[27]. - The group declared a special dividend of HKD 0.10 per share for the year ending March 31, 2025, while no special dividend was declared for the previous year[77]. Future Outlook and Strategy - The group remains confident about the future and will continue to provide quality IT services and products while steadily developing its AI business[30]. - The company plans to continue expanding its IT infrastructure solutions and management services in both public and private sectors[68]. - The company will continue to focus on core business and partnerships with key suppliers to enhance competitiveness and maintain industry leadership[30]. Risk Management and Compliance - The audit committee has reviewed the unaudited interim results and found no objections to the accounting policies adopted by the company[48]. - The audit committee is responsible for overseeing the financial reporting process and risk management systems of the company[47]. - The company confirmed that the application of new accounting standards did not have a significant impact on its financial position or performance[60]. - The company has not reported any significant impacts from the application of the revised Hong Kong Financial Reporting Standards on its financial statements[61]. - The group has no significant claims expected against it, as assessed by the board of directors as of September 30, 2025[103].