永顺控股香港(06812) - 2026 - 中期财报
2025-11-28 09:28
Madam Ng Sing Mui (Chairperson) Ms. Sze Tan Nei Mr. Ang Ming Wah (Retired on 21 August 2025) Mr. Sze Wai Lun Independent Non-executive Directors Mr. Yuen Ching Bor Stephen Mr. Chung Koon Yan Mr. Chan Chun Sing COMPANY SECRETARY Mr. Tse Kam Fai AUDIT COMMITTEE Mr. Chung Koon Yan (Chairperson) Mr. Yuen Ching Bor Stephen Mr. Chan Chun Sing INTERIM REPORT 中期報告 2025 CORPORATE INFORMATION BOARD OF DIRECTORS Executive Directors REMUNERATION COMMITTEE Mr. Yuen Ching Bor Stephen (Chairperson) Ms. Sze Tan Nei Mr. Chu ...
均安控股(01559) - 2026 - 中期业绩
2025-11-28 09:19
Financial Performance - Revenue for the six months ended September 30, 2025, was HKD 110,434,000, a decrease of 7.3% from HKD 119,619,000 in the same period last year[3] - Gross profit increased to HKD 2,131,000, up 9.4% from HKD 1,947,000 year-on-year[3] - The loss before tax improved to HKD 5,326,000, a reduction of 44.8% compared to HKD 9,495,000 in the prior period[3] - Total comprehensive loss for the period was HKD 2,079,000, a significant improvement from HKD 27,703,000 in the same period last year[5] - The company reported a loss attributable to owners of the company of HKD 6,457,000 for the six months ended September 30, 2025, compared to a loss of HKD 23,431,000 in 2024[30] - The company reported a significant reduction in loss to approximately HKD 5.9 million for the period, compared to a loss of approximately HKD 23.3 million in the same period last year, indicating an improvement of about 74.7%[53] Revenue Breakdown - For the six months ended September 30, 2025, total revenue from continuing operations was HKD 110,434,000, with construction contributing HKD 88,387,000 and trade contributing HKD 22,047,000[15] - Revenue from external customers for the six months ended September 30, 2025, was HKD 110,434,000, a decrease of 7.5% compared to HKD 119,619,000 for the same period in 2024[23] - Revenue from Cambodia significantly increased to HKD 86,014,000 in 2025, compared to no revenue in 2024[23] - The construction-related segment's revenue increased to approximately HKD 88.4 million, compared to HKD 64.2 million in the previous year, marking an increase of approximately 37.5%[55] - The trade segment recorded revenue of approximately HKD 22 million, down from approximately HKD 55.4 million in the previous year, reflecting a decrease of about 60.3% due to reduced transaction volume[55] Expenses and Liabilities - Administrative expenses decreased significantly to HKD 7,353,000, down 36.5% from HKD 11,628,000 in the previous year[3] - The total interest expense for the six months ended September 30, 2025, was HKD 105,000, down 30.5% from HKD 151,000 in 2024[26] - The company incurred depreciation expenses of HKD 413,000 for property, plant, and equipment for the six months ended September 30, 2025, compared to HKD 1,956,000 in 2024[29] - Current liabilities were reduced to HKD 125,936,000 from HKD 152,709,000, indicating improved liquidity[6] - Total reportable segment liabilities as of September 30, 2025, were HKD 65,167,000, with construction liabilities at HKD 62,344,000 and trade liabilities at HKD 2,823,000[19] Assets and Equity - Current assets decreased to HKD 143,803,000 from HKD 172,344,000 as of March 31, 2025[6] - The company's net asset value decreased to HKD 40,989,000 from HKD 43,069,000[7] - Non-current assets as of September 30, 2025, totaled HKD 23,392,000, slightly down from HKD 23,702,000 as of March 31, 2025[23] - As of September 30, 2025, total reportable segment assets were HKD 134,826,000, with construction assets at HKD 132,341,000 and trade assets at HKD 2,485,000[19] - The debt-to-equity ratio was approximately 29.3% as of September 30, 2025, an increase from 22.6% as of March 31, 2025[58] Shareholder and Market Information - The average number of ordinary shares used to calculate basic loss per share remained constant at 1,869,160,000 shares for both periods[30] - The issued share capital was approximately HKD 18.7 million, with 1,869,159,962 ordinary shares as of September 30, 2025[60] - The company has not declared any interim dividends for the six months ended September 30, 2025, consistent with the previous year[50] - The board did not recommend any dividend payment for the reporting period[66] Future Outlook and Strategy - The company is focusing on expanding its construction business in Southeast Asia and chemical trading in mainland China to enhance overall profitability[54] - The company’s major shareholder's business network and experienced project management team are expected to support the pursuit of sustainable growth in Malaysia, China, and Cambodia markets[54] Other Information - The company has not applied any new standards or interpretations that have not yet come into effect during the accounting period[12] - The group has no capital commitments or significant contingent liabilities as of September 30, 2025[59] - There were no significant events affecting the group after the reporting period[67] - The group has not engaged in any purchase, sale, or redemption of its listed securities during the reporting period[65]
皇冠环球集团(00727) - 2026 - 中期财报
2025-11-28 09:13
Financial Performance - Revenue for the six months ended September 30, 2025, was HK$8,342,000, a decrease of 52.3% compared to HK$17,459,000 for the same period in 2024[11] - Gross profit for the current interim period was HK$1,631,000, down 62.1% from HK$4,311,000 in the previous year[11] - Operating loss increased significantly to HK$33,727,000 from HK$2,057,000, reflecting a substantial decline in profitability[11] - Loss for the period was HK$33,751,000, compared to a loss of HK$2,006,000 in the prior year, indicating a worsening financial position[12] - Total comprehensive loss for the period amounted to HK$54,150,000, contrasting with a comprehensive income of HK$4,293,000 in the previous year[12] - Basic and diluted loss per share for the current period was HK$10.61, compared to HK$1.11 in the previous year[12] - The Group reported a loss before income tax of HK$33,751,000 for the six months ended 30 September 2025, compared to a loss of HK$2,006,000 for the same period in 2024[49] - The Group recorded a loss attributable to owners of the Company of approximately HK$33.7 million for the Current Interim Period, compared to a loss of approximately HK$2.0 million for the Last Interim Period[129] Asset and Liability Management - Total assets decreased from HK$1,510,839,000 as of March 31, 2025, to HK$1,460,938,000 as of September 30, 2025, representing a decline of approximately 3.3%[13] - Current liabilities decreased from HK$308,351,000 to HK$296,713,000, a reduction of about 3.8%[13] - Net current assets decreased from HK$1,007,072,000 to HK$898,243,000, indicating a decline of approximately 10.8%[13] - Non-current liabilities increased from HK$827,787,000 to HK$843,674,000, reflecting an increase of about 1.9%[14] - Total liabilities as of 30 September 2025 were HK$1,140,387,000, unchanged from HK$1,136,138,000 as of 31 March 2025[39] - The total equity decreased from HK$374,701,000 to HK$320,551,000, a decline of approximately 14.4%[14] Operational Costs - Staff costs rose to HK$3,807,000, an increase of 74.1% from HK$2,187,000 in the last interim period[11] - Other operating expenses increased to HK$7,498,000 from HK$3,486,000, reflecting higher operational costs[11] - Interest expenses for the six months ended 30 September 2025 were HK$5,000, down from HK$8,000 for the same period in 2024[42] - The net debt gearing ratio as of 30 September 2025 was approximately 249.0%, up from approximately 182.9% as of 31 March 2025[135] Segment Performance - For the six months ended September 30, 2025, the Group reported segment revenue of HK$8,342,000 from external customers, a decrease of 52.3% compared to HK$17,459,000 for the same period in 2024[32][33] - The Group's segment results for the six months ended September 30, 2025, showed a loss of HK$33,727,000, compared to a loss of HK$2,057,000 for the same period in 2024, indicating a significant decline in performance[32][33] - The Group's operating segments include property investment, property development, hotel operations, trading and developing of premium white spirit, and comprehensive healthcare planning and management services[27][30] Cash Flow and Investments - Cash and cash equivalents decreased significantly from HK$110,731,000 at March 31, 2025, to HK$13,651,000 at September 30, 2025, a drop of approximately 87.7%[17] - Net cash used in operating activities was HK$1,165,000 for the six months ended September 30, 2025, compared to HK$7,196,000 for the same period in 2024[17] - As of September 30, 2025, the Group had total employee costs of approximately HK$3.81 million, an increase from approximately HK$2.19 million in the last interim period[145] - The Group did not hold any significant investments, consistent with the previous period[144] Corporate Governance - The Company has complied with the Corporate Governance Code throughout the Current Interim Period, except for the separation of the roles of chairman and chief executive officer[167] - The audit committee consists of independent non-executive directors with relevant business, legal, engineering, and financial experience to review financial statements[172] - The interim unaudited results for the period have been reviewed by the audit committee, which did not disagree with the accounting treatment adopted by the company[172] - The report is issued by the executive director Wei Zhenming on November 28, 2025, indicating ongoing corporate governance practices[173] Future Projects and Developments - The Group plans to develop a land in Qianhai, Shenzhen, into two residential towers with a gross floor area of approximately 71,000 sq.m.[148] - The hotel operations project in the Weihai Property includes approximately 200 hotel suites, managed by a world-renowned hotel group, with construction expected to be completed in the second half of 2025[91][117] - The hotel is expected to achieve a 5-star international standard, targeting high-end business and leisure travelers[118] - The estimated initial costs for the development of the Weihai Property are expected to exceed RMB1.0 billion, excluding land costs[106] - The Group's property development includes approximately 1,400 serviced apartment units in Weihai, Shandong province, which is 100% owned by the Group[87]
中国数字视频(08280) - 2026 - 中期财报
2025-11-28 09:12
本報告載有遵照聯交所 GEM證券上市規則(「GEM上市規 則」)而提供的詳情,旨在提供中國數字視頻控股有限公司 (「本公司」)之資料,本公司董事(「董事」)對本報告共同及個 別承擔全部責任。董事在作出一切合理查詢後確認,就彼等 所深知及確信,本報告所載資料在所有重大方面均屬準確完 整,並無誤導或欺詐成分,亦無遺漏任何其他事宜,致使本 報告所載任何陳述或本報告產生誤導。 目 錄 香港聯合交易所有限公司(「聯交所」) 「GEM」的特色 GEM乃為較其他聯交所上市公司帶有高投資風險的中小型公 司提供一個上市的市場。有意投資的人士應了解投資於該等 公司的潛在風險,並應經過審慎周詳的考慮後方作出投資決 定。 由於 GEM上市公司一般為中小型公司,在 GEM買賣的證 券可能會較於聯交所主板買賣的證券承受較大的市場波動風 險,同時無法保證在GEM買賣的證券會有高流通量的市場。 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 報告的內容概不負責,對其準確性或完整性亦不發表任何聲 明,並明確表示概不就因本報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。 | 公司資料 | 2 | | --- | ...
神通机器人教育(08206) - 2026 - 中期财报
2025-11-28 09:11
香港聯合交易所有限公司(「聯交所」)GEM的特色 本報告以環保紙張印刷 摘要 | • | 本集團截至二零二五年九月三十日止六個月的收益約為港幣12,213,000元。 | | --- | --- | | • | 截至二零二五年九月三十日止六個月的本公司期內溢利約為港幣195,000元。 | | • | 截至二零二五年九月三十日止六個月的每股溢利約為0.05港仙。 | | • | 董事會(「董事會」)不建議就截至二零二五年九月三十日止六個月派付股息。 | 董事謹此提呈本集團截至二零二五年九月三十日止六個月的未經審核綜合業績。 財務表現 截至二零二五年九月三十日止六個月,本集團錄得綜合收益約港幣12,213,000元,較截至二 零二四年九月三十日止六個月約港幣5,575,000元增加約119.1%。本集團於培訓時數及學員 人數方面均錄得增長。 截至二零二五年九月三十日止六個月,本集團錄得本公司期內溢利約港幣195,000元,相比 截至二零二四年九月三十日止六個月的虧損約港幣2,800,000 元。業績增長主要是由於上述 收益增加。 GEM的定位乃為相比起其他在聯交所上市的公司帶有較高投資風險的中小型公司提供一個上 ...
中国数字视频(08280) - 2026 - 中期业绩
2025-11-28 09:11
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,並明確表示概不就因本公告全部或任何部份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。 截至二零二五年九月三十日止六個月的中期業績公告 香港聯合交易所有限公司(「聯交所」)GEM的特色 GEM乃為較其他聯交所上市公司而言帶有更高投資風險的中小型公司提供一個上 市的市場。有意投資的人士應了解投資於該等公司的潛在風險,並應經過審慎周詳 的考慮後方作出投資決定。 由於GEM上市公司一般為中小型公司,在GEM買賣的證券可能會較於主板買賣的 證券而言承受更大的市場波動風險,同時無法保證在GEM買賣的證券會有高流通 量的市場。 – 1 – 本公告載有遵照聯交所GEM證券上市規則(「GEM上市規則」)而提供的詳情,旨在 提供中國數字視頻控股有限公司(「本公司」)之資料,本公司董事(「董事」)對本公 告共同及個別承擔全部責任。董事在作出一切合理查詢後確認,就彼等所深知及確 信,本公告所載資料在所有重大方面均屬準確完整,並無誤導或欺詐成分,亦無遺 漏任何其他事宜,致使本公告所載任何陳述或本公告產生誤導。 Ch ...
皇冠环球集团(00727) - 2026 - 中期业绩
2025-11-28 09:11
Financial Performance - Revenue for the six months ended September 30, 2025, was HK$8,342,000, a decrease of 52.3% compared to HK$17,459,000 for the same period in 2024[15] - Gross profit for the current interim period was HK$1,631,000, down 62.1% from HK$4,311,000 in the previous year[15] - Operating loss increased significantly to HK$33,727,000, compared to an operating loss of HK$2,057,000 in the same period last year, reflecting a deterioration in operational performance[15] - Loss for the period was HK$33,751,000, compared to a loss of HK$2,006,000 for the same period in 2024, indicating a substantial increase in net losses[15] - For the six months ended September 30, 2025, the total comprehensive loss was HK$54,150,000, compared to a comprehensive income of HK$4,293,000 for the same period in 2024, indicating a significant decline[16] - The loss attributable to owners of the Company for the period was HK$33,751,000, compared to a loss of HK$2,006,000 in the previous year, reflecting a worsening financial performance[16] - The company reported finance income of HK$3,000 for the six months ended 30 September 2025, down from HK$59,000 in the previous year, reflecting a decrease of 94.6%[46] - The finance (costs)/income, net for the six months ended 30 September 2025 was reported at HK$(2,000), a significant decline from HK$51,000 in 2024[46] - The basic loss per ordinary share for the six months ended September 30, 2025, was HK$10.61, compared to HK$1.11 for the same period in 2024, reflecting a substantial decline in earnings per share[53] Operating Expenses - Staff costs rose to HK$3,807,000, up 74.0% from HK$2,187,000 in the previous year, contributing to the overall increase in operating expenses[15] - Other operating expenses increased to HK$7,498,000, compared to HK$3,486,000 in the prior year, reflecting higher operational costs[15] - The Group's total employee remuneration and staff costs for the current interim period were approximately HK$3.81 million, an increase from approximately HK$2.19 million in the last interim period[149][151] - Other operating expenses increased by approximately 115% to HK$7.5 million for the Current Interim Period, attributed to higher expenses in premium white spirit trading[131] Assets and Liabilities - Total assets decreased to HK$1,460,938,000 as of September 30, 2025, down from HK$1,510,839,000 as of March 31, 2025, showing a reduction of approximately 3.3%[17] - Current liabilities decreased slightly to HK$296,713,000 from HK$308,351,000, resulting in a net current asset value of HK$898,243,000[17] - Cash and cash equivalents at September 30, 2025, were HK$13,651,000, a significant decrease from HK$110,731,000 at March 31, 2025, indicating a cash reduction of approximately 87.7%[21] - The total liabilities as of 30 September 2025 were HK$1,140,387,000, which is a slight increase from HK$1,136,138,000 as of 31 March 2025[43] - The Group's net current assets were approximately HK$898.2 million as of September 30, 2025, down from approximately HK$1,007.1 million as of March 31, 2025, with a current ratio of approximately 4.03 compared to 4.27[137][139] - The net debt gearing ratio increased to approximately 249.0% as of September 30, 2025, from approximately 182.9% as of March 31, 2025[139][141] Segment Information - For the six months ended September 30, 2025, the Group reported segment revenue from external customers of HK$8,342,000[36] - The Group incurred a segment loss before income tax of HK$33,729,000 for the same period[36] - The Group's operating segments include property investment, property development, hotel operations, trading and developing of premium white spirit, and comprehensive healthcare planning and management services[31] - The property development segment is engaged in property development and sales in Weihai and Shenzhen Qianhai[34] - The hotel operations segment focuses on hotel rental and food and beverage business in Weihai[34] - The trading and developing of premium white spirit segment is involved in trading and developing premium white spirit[34] - The comprehensive healthcare planning and management services segment provides services to healthcare operators and sells healthcare products[34] Future Outlook and Strategic Initiatives - The company has not provided specific guidance for future performance or strategic initiatives in the current report[15] - The company plans to develop a land in Qianhai, Shenzhen into two residential towers with a gross floor area of approximately 71,000 square meters, starting late 2025[92] - The Group anticipates sufficient financing for the Weihai Property through cash flow from pre-sales, loan facilities, contractor financing, and other capital arrangements[113] - The Group's key project, the Jin Haidan No. 1 residential apartments in Weihai, Shandong, is currently in pre-sale and is expected to complete in the second half of 2026 due to delays caused by the COVID-19 pandemic[153] Corporate Governance - The Group is committed to high standards of corporate governance and has complied with the Corporate Governance Code throughout the Current Interim Period, except for the separation of the roles of chairman and chief executive officer[171] - The Audit Committee, comprising independent non-executive Directors, reviewed the unaudited interim results for the Current Interim Period and had no disagreement with the accounting treatment adopted by the Company[175] Shareholder Information - The company did not recommend the payment of an interim dividend for the six months ended September 30, 2025, consistent with the previous year where no dividend was declared[55] - The Share Option Scheme allows for the issuance of up to 12,005,000 shares, representing 3.7% of the issued shares as of the interim report date[162] - The maximum number of shares that can be issued upon the exercise of share options in any 12-month period is limited to 1% of the issued share capital[162] - The Company did not redeem any of its shares listed on the Stock Exchange during the Current Interim Period, nor did it or any of its subsidiaries purchase or sell any shares[169]
乙德投资控股(06182) - 2026 - 中期业绩
2025-11-28 09:08
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 全部或任何部份內容而產生或因倚賴該等內容而引致之任何損失承擔任何責 任。 Twintek Investment Holdings Limited 乙德投資控股有限公司 截至二零二五年九月三十日止六個月 | 截至九月三十日止六個月 | 二零二五年 | 二零二四年 | | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 附 | 千港元 | 千港元 | 註 | (未 | 經 | 審 | 核) | (未 | 經 | 審 | 核) | | 收 | 益 | 141,578 | 4 | 68,709 | 銷售及服務成本 | (122,201) | (54,535) | | | | | | 毛 | 利 | 19,377 | 14,174 | 其他收入 | 5 | 489 | 6,965 | | | | ...
菊福堂生物(08217) - 2026 - 中期业绩
2025-11-28 09:06
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。 WMHW Holdings Limited 萬民好物控股有限公司 (於開曼群島註冊成立的有限公司) (股份代號:8217) 截至二零二五年九月三十日止六個月之 中期業績公告 萬民好物控股有限公司(「本公司」,連同其附屬公司稱為「本集團」)董事(「董事」) 會(「董事會」)欣然公佈本集團截至二零二五年九月三十日止六個月之未經審核 業績。本公告載有本公司二零二五年中期報告全文,乃符合香港聯合交易所有限 公司GEM證券上市規則(「GEM上市規則」)中有關中期業績初步公告附載資料之 相關要求。 承董事會命 萬民好物控股有限公司 執行董事 陳健 香港,二零二五年十一月二十八日 於本公告日期,執行董事為陳健先生及余曉女士,而獨立非執行董事為黃智瑾先生、 劉燕欽女士及廖洪浩先生。 本公告遵照GEM 上市規則的規定,提供關於本公司的資料;全體董事共同及個別 對本公告負全責。董事經作出一切合理查詢後確認,據彼等所知及所信, ...
怡康泰工程集团(08445) - 2026 - 中期业绩
2025-11-28 08:52
Financial Performance - For the six months ended September 30, 2025, the company reported total revenue of HKD 203,573,000, a significant increase from HKD 93,150,000 in the same period of 2024, representing a growth of approximately 118%[4] - The gross profit for the same period was HKD 860,000, compared to HKD 1,140,000 in 2024, indicating a decrease of about 24.6%[4] - The company incurred a loss before tax of HKD 3,533,000 for the six months ended September 30, 2025, compared to a loss of HKD 3,017,000 in the previous year, reflecting a deterioration in performance[4] - The net loss attributable to shareholders for the period was HKD 3,546,000, compared to HKD 3,001,000 in 2024, marking an increase in losses of approximately 18.2%[4] - Revenue for the six months ended September 30, 2025, was HKD 93,150,000, a decrease of 54.3% compared to HKD 203,573,000 for the same period in 2024[12] - For the six-month period ending September 30, 2025, the group recorded a net loss of approximately HKD 3.0 million, compared to a net loss of approximately HKD 3.5 million for the same period in 2024, indicating a slight improvement[29][37] - Revenue for the six-month period ending September 30, 2025, was approximately HKD 93.2 million, a decrease of about 54.2% compared to HKD 203.5 million for the same period in 2024, primarily due to project completions and competitive pricing pressures[32] - Gross profit for the six-month period ending September 30, 2025, was approximately HKD 1.1 million, an increase of about 22.2% from HKD 0.9 million for the same period in 2024, with a gross margin of approximately 1.2% compared to 0.4% in 2024[33] Cash Flow and Assets - The company's cash and cash equivalents decreased to HKD 11,814,000 as of September 30, 2025, down from HKD 12,965,000 at the end of March 2025, a decline of about 8.8%[7] - Total assets less current liabilities stood at HKD 75,372,000 as of September 30, 2025, compared to HKD 78,205,000 as of March 31, 2025, indicating a decrease of approximately 3.6%[5] - The company reported a net cash outflow from operating activities of HKD 1,055,000 for the six months ended September 30, 2025, compared to HKD 12,804,000 in the same period of 2024, showing an improvement in cash flow management[7] - The company's non-current assets totaled HKD 1,847,000 as of September 30, 2025, an increase from HKD 1,626,000 as of March 31, 2025, representing a growth of approximately 13.5%[5] - Trade receivables as of September 30, 2025, amounted to HKD 14,615,000, a decrease from HKD 17,656,000 as of March 31, 2025[22] - Trade payables as of September 30, 2025, totaled HKD 17,195,000, an increase from HKD 13,160,000 as of March 31, 2025[24] Shareholder and Equity Information - The company’s equity attributable to shareholders decreased to HKD 74,596,000 as of September 30, 2025, down from HKD 77,597,000 at the end of March 2025, a decline of about 3.9%[6] - Major shareholders include Gao Di with 105,000,000 shares, representing 37.99% of the company[61] - Wang Wei and Sun Yiyun each hold 20,940,000 shares, accounting for 7.57% of the company[61] - Che Wenlong holds 14,200,000 shares, which is 5.13% of the company[61] Operational Highlights - The company continues to focus on providing masonry engineering services, with no new product launches or significant market expansion strategies disclosed in the report[8] - The group plans to implement more cautious project selection and will choose established contractors and reputable business partners to ensure project stability and healthy receivables[29] - The group aims to enhance operational efficiency and profitability while expanding its machinery and equipment to improve technical capabilities for future project bids[30] - The group is exploring opportunities to expand its core business beyond the Hong Kong market to strengthen its revenue base and diversify its operations[31] Corporate Governance and Compliance - The audit committee consists of three independent non-executive directors and has reviewed the unaudited financial results for the six months ending September 30, 2025[69] - The company has complied with corporate governance codes since its listing date[68] - No conflicts of interest or competition with the group's business were reported among directors or major shareholders[64] - The company has confirmed compliance with the GEM listing rules regarding securities trading by directors[63] Employee and Cost Management - Total employee costs for the six months ended September 30, 2025, amounted to approximately HKD 8.1 million, a decrease from HKD 10.2 million for the same period in 2024[55] - The group employed 43 full-time employees in Hong Kong as of September 30, 2025, down from 51 employees in the previous year[55] - Administrative and other operating expenses decreased by approximately HKD 0.3 million or 6.7% to approximately HKD 4.2 million for the six-month period ending September 30, 2025, primarily due to reduced employee costs[35] Financing and Investments - The company entered into a new lease agreement for a warehouse with a total recognized right-of-use asset and lease liability of approximately HKD 564,000[21] - The company has not made any acquisitions or significant investments in property, plant, and equipment during the six months ended September 30, 2025[21] - The group had no significant investments, acquisitions, or disposals of subsidiaries, associates, or joint ventures as of September 30, 2025[47] - There were no capital expenditures reported for the six months ended September 30, 2025, remaining at zero as in the previous period[51] - The group has no significant contingent liabilities as of September 30, 2025[52] - The group has no significant capital commitments as of September 30, 2025[53] Market and Risk Management - The group continues to manage its bank balances and maintain healthy liquidity to seize future growth opportunities[46] - The group has no major foreign exchange risk as most transactions are denominated in HKD[49] - The company has not purchased, sold, or redeemed any of its listed securities in the past six months[65] - The company has adopted a share option scheme since September 14, 2017, with 12,000,000 options available as of both March 31, 2025, and September 30, 2025, representing approximately 4.34% of issued shares[67] Dividend and Financial Reporting - The company did not declare or recommend any dividend for the six months ended September 30, 2025[20] - The mid-term results announcement and report are available on the Hong Kong Stock Exchange and the company's website[70]