Financial Performance - For the fiscal year ending March 31, 2023, the company reported a loss attributable to shareholders of HKD 201,962,000, compared to a loss of HKD 158,417,000 in the previous year, resulting in a basic loss per share of HKD 0.0894[11] - The group reported a loss of approximately HKD 360,405,000, with a net cash outflow from operations of HKD 50,529,000[178] - The financial institution segment generated revenue of HKD 301,000, down from HKD 1,163,000 in the previous year, with a loss of HKD 6,670,000[35] - The loan financing segment reported revenue of HKD 16,000, a decrease from HKD 254,000 in the previous year, with a profit of HKD 3,000[37] - Long-term investments recorded zero revenue for the year, down from HKD 2,005,000 in 2022, with segment income of HKD 24,469,000 compared to a loss of HKD 67,179,000 in 2022[18] - The group’s trading business generated segment revenue of HKD 360,984,000, a decrease from HKD 844,337,000 in 2022, with a segment profit of HKD 3,055,000 compared to a segment loss of HKD 7,388,000 in 2022[12] Business Operations and Strategy - The company anticipates a rebound in business activities as the impact of COVID-19 restrictions in China eases, particularly in the oil port and storage operations[7] - The company has been appointed as a partner by the National Oil and Gas Pipeline Group to expand its oil pipeline network in Guangxi, which is expected to enhance its customer base and reduce transportation costs for oil products[7] - The company is initiating a tender for necessary engineering works related to the Guangxi project, with operations expected to commence in the first half of 2024[7] - The company plans to expand its investment banking operations in Mauritius, with expected revenue contributions from new hires in the brokerage and wealth management sectors over the next 12 to 18 months[8] - The company continues to strategically invest in potential investment projects and maintain close ties with management teams of invested companies to enhance the value of strategic investments[10] Challenges and Risks - The group faces operational challenges including supply shortages, shipping delays, and high freight costs, impacting trading business performance[13] - The company has decided to adopt a conservative approach in its metal trading business due to anticipated market volatility and risks from potential economic slowdowns[8] - The group has adopted a conservative approach to monitor commodity market conditions and credit risks, increasing buffers for freight costs and delivery timelines[13] - The management acknowledges that the outcome of the plans and measures taken is subject to various uncertainties, which may impact the group's ability to continue as a going concern[185] Investments and Acquisitions - The group acquired 90% of Cupral Group Limited for a total subscription amount of approximately HKD 26,955,000[14] - The company holds a 29.71% stake in AFC Mercury Fund, which invested USD 20,000,000 (approximately HKD 156,000,000) in STX Corporation Limited[27] - The investment in Jiangsu Hongmao Warehousing is expected to strengthen the company's commitment to sustainable development and expand revenue sources in the near future[32] - The group is developing a green metal market to help reduce carbon emissions and has invested in a recycling plant in the UK, which has a processing capacity of 2 tons of copper per hour[16][17] Governance and Compliance - The company has adopted the corporate governance code as per the listing rules, ensuring compliance with governance policies and practices[128] - The board consists of six members, including three executive directors and three independent non-executive directors, maintaining a balance of independent elements[135] - The company has received annual independence confirmations from all independent non-executive directors, affirming their independence under listing rules[148] - The board has delegated daily management responsibilities to executive directors while retaining approval authority for significant matters[139] - The company has established an internal control and risk management system, which is regularly discussed with management to ensure effective operation[140] Financial Position - As of March 31, 2023, the total assets of the group amounted to HKD 1,029,144,000, a decrease of HKD 571,106,000 or 35.7% compared to the previous year[40] - The equity attributable to the owners of the company was HKD 334,450,000, down HKD 224,357,000 or 40.2% from the previous year[40] - The current ratio of the group as of March 31, 2023, was approximately 0.22, significantly lower than 1.1 in the previous year[41] - The debt-to-equity ratio increased to 22.9% as of March 31, 2023, compared to 10% in the previous year[42] Legal and Regulatory Matters - The group is currently involved in legal disputes regarding lease payments amounting to approximately HKD 403,831,000 and related costs of HKD 80,123,000[47] - The group is involved in legal claims related to sale-and-leaseback arrangements and debt disputes, with claims amounting to approximately RMB 553,641,000 (equivalent to HKD 632,785,000) as of March 31, 2023[177] - The auditor has issued a disclaimer of opinion regarding the appropriateness of the going concern basis for preparing the financial statements[182] Future Outlook - The company remains optimistic about the recovery of its business to pre-pandemic levels as global inflation impacts and interest rate hikes are managed[6] - The company aims to establish an international financial platform for cross-border investment between Asia and Africa, anticipating increased business flow post-pandemic[36] - The audit committee has agreed with management's plans to alleviate liquidity pressure and improve financial conditions, which, if successful, may remove the uncertainty regarding the company's ability to continue as a going concern by March 31, 2024[190] Shareholder Information - The company has no proposed final dividend for the year ending March 31, 2023, compared to no dividend in the previous year[53] - Major shareholders include Mr. Cheng with 100,000,000 shares (4.95%) and Champion Choice holding 488,000,000 shares (24.18%) of the company[102] - The top five customers accounted for 82% of total sales, while the largest customer represented 27% of total sales[106]

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佈之內容概不負 責，對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公佈全部 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。 （於百慕達註冊成立之有限公司） （股份代號：372） 截至二零二三年三月三十一日止年度之全年業績公佈 業績 保德國際發展企業有限公司（「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」）截至二零二三年三月三十一日止年度（「本年度」） 之經審核綜合業績連同截至二零二二年三月三十一日止年度比較數字如下： 綜合損益及其他全面收入表 截至二零二三年三月三十一日止年度 二零二三年 二零二二年 附註 千港元 千港元 收入 3 客戶合約 452,514 882,232 實際利率法下之利息 16 2,259 總收入 452,530 884,491 銷售成本 (733,840) (838,310) 毛（損）利 (281,310) 46,181 ...

Financial Performance - Total revenue for the six months ended September 30, 2022, was HKD 367,380,000, a decrease of 26% compared to HKD 497,060,000 for the same period in 2021[11]. - The company reported a loss before tax of HKD 96,800,000 for the six months ended September 30, 2022, compared to a loss of HKD 96,653,000 for the same period in 2021[11]. - The total comprehensive loss for the period was HKD 145,215,000, significantly higher than HKD 96,084,000 in the previous year[11]. - Basic and diluted loss per share for the period was HKD 4.48, slightly improved from HKD 4.74 in the same period last year[11]. - The company reported a foreign exchange loss of HKD 48,415,000 during the period, compared to a gain of HKD 569,000 in the previous year[11]. - The total comprehensive expenses for the period amounted to HKD 145.215 million, with a significant portion attributed to foreign exchange losses of HKD 27.005 million[18]. - The company recorded a net cash outflow from operating activities of HKD 62.126 million for the six months ended September 30, 2022[18]. - The company reported a net loss from financial instruments of HKD 33,478,000 for the six months ended September 30, 2022, compared to a loss of HKD 72,433,000 in the previous year[53]. - The group recorded a loss attributable to shareholders of HKD 90,343,000 for the period, compared to a loss of HKD 95,573,000 in the previous year, reflecting a slight improvement[112]. Assets and Liabilities - Non-current assets as of September 30, 2022, totaled HKD 1,066,835,000, down from HKD 1,261,461,000 as of March 31, 2022[13]. - Current liabilities amounted to HKD 696,118,000, an increase from HKD 311,417,000 as of March 31, 2022[13]. - The company's net asset value decreased to HKD 571,023,000 from HKD 716,238,000 as of March 31, 2022[13]. - The company has a total equity of HKD 571,023,000, down from HKD 716,238,000 in the previous period[13]. - The company's cash and cash equivalents decreased by HKD 48.524 million, resulting in a closing balance of HKD 93.585 million as of September 30, 2022[18]. - As of September 30, 2022, the company had current liabilities totaling HKD 472.173 million, which includes lease liabilities of HKD 386.209 million due to violations of lease agreements[24]. - The company’s total assets as of April 1, 2022, were HKD 716.238 million, with total liabilities amounting to HKD 558.807 million[16]. - The group’s equity attributable to owners decreased by HKD 117,348,000 or 21% to HKD 441,459,000 as of September 30, 2022[143]. - The current ratio of the group was approximately 0.3 as of September 30, 2022, down from 1.1 on March 31, 2022[144]. - The group’s debt-to-equity ratio was reported at 10.8% as of September 30, 2022, compared to 10% on March 31, 2022[145]. Revenue Breakdown - Trade revenue accounted for HKD 330,320,000, down 33.1% from HKD 494,089,000 year-on-year[37]. - The company generated metal recycling revenue of HKD 9,368,000, with no revenue reported in the previous year[37]. - Port and port-related service revenue was HKD 27,440,000, also with no revenue reported in the previous year[37]. - Insurance brokerage revenue decreased to HKD 236,000 from HKD 846,000, representing a decline of 72%[37]. - The financial services segment generated income of HKD 236,000, down from HKD 846,000 in the previous year, indicating a decline of approximately 72.1%[43]. - The group’s revenue contribution from Qianyang was HKD 27,440,000, with a loss of HKD 6,040,000, following its acquisition on October 11, 2021[136]. Legal and Compliance Issues - The company faced legal claims amounting to RMB 344.796 million (approximately HKD 381.568 million) related to post-sale leaseback arrangements and debt disputes[22]. - The group is involved in significant litigation related to a sale and leaseback arrangement, with a court ruling requiring the payment of RMB 106,273,000 (approximately HKD 117,607,000) in outstanding rent[104]. - The group has received a property preservation order from the court concerning assets valued at RMB 107,049,000 (approximately HKD 118,466,000) as of September 30, 2022[106]. - The group is facing a civil lawsuit demanding repayment of a principal debt of RMB 110,658,000 (approximately HKD 122,460,000) along with late payment penalties[109]. - The group has incurred legal costs related to the aforementioned lawsuits, including RMB 100,000 (approximately HKD 111,000) for litigation expenses[105]. - The group has received a court ruling requiring payment of RMB 58,465,000 (approximately HKD 64,700,000) for another leaseback arrangement dispute[155]. Strategic Initiatives - The company continues to explore new strategies for market expansion and product development to improve financial performance[11]. - The company is actively negotiating with banks to alleviate cash flow pressure and improve financial conditions[27]. - The management's ability to continue as a going concern is uncertain and depends on successful negotiations and cash flow generation[27]. - The company has prepared cash flow forecasts covering at least 12 months from September 30, 2022, indicating sufficient working capital to meet financial obligations[26]. - The group is developing a green metal market to help reduce carbon emissions, investing in a recycling plant in the UK to process copper and aluminum scrap for export to Asia and China[117]. - The group believes that the long-term outlook for the metal recycling industry remains positive and will play a significant role in its future strategy[171]. Corporate Governance - The company has complied with the corporate governance code, except for the deviation regarding the roles of the Chairman and CEO being held by the same person since September 30, 2017[193]. - The company believes that having the same individual serve as both Chairman and CEO enhances the efficiency of planning and implementing business strategies[194]. - The board of directors did not recommend the payment of an interim dividend for the period, consistent with the previous year[166]. - The company continues to comply with applicable corporate governance codes and will monitor and review its corporate governance practices[199].

Financial Performance - The overall financial performance of the group was weaker compared to the previous period, primarily due to the absence of one-time gains from the sale of an associate company last year and unrealized fair value losses from the AFC Mercury Fund[9]. - The group recorded a loss attributable to owners of HKD 158,417,000 for the year ended March 31, 2022, compared to a profit of HKD 167,056,000 in 2021, resulting in a basic loss per share of HKD 7.85[13]. - The commodity trading segment generated revenue of HKD 844,337,000, down from HKD 1,462,355,000 in 2021, with a segment loss of HKD 7,388,000 compared to a profit of HKD 3,418,000 in the previous year[14]. - The metal recycling business recorded revenue of HKD 43,480,000 with a segment loss of HKD 25,588,000[15]. - Long-term investment income was HKD 2,005,000, down from HKD 4,000,000 in 2021, with a segment loss of HKD 67,179,000 compared to a profit of HKD 44,804,000 in the previous year[20]. Business Operations and Strategy - The acquisition of Qianyang Investment Limited has become a new source of revenue for the group, with expectations that the energy sector will continue to play a significant role in China's economy as it recovers from COVID-19[10]. - The group's new subsidiary in the UK, Cupral, is viewed as a major future source of copper and aluminum supply, although production faced delays due to COVID-19 and transportation issues in Europe[11]. - The group plans to adopt a more conservative approach in the coming year, focusing on projects in China due to uncertainties related to travel, logistics, inflation, and interest costs[11]. - The group's operations in China were nearly halted due to COVID-19 outbreaks, particularly in Shanghai and other regions, significantly impacting business activities[9]. - The group is monitoring commodity market conditions and credit risks closely amid widespread economic deterioration and logistical challenges[9]. Investments and Acquisitions - The group invested approximately HKD 27,000,000 in Cupral, acquiring 90% of its expanded issued share capital[15]. - The group completed the acquisition of 65% of Qianyang's issued shares, with a subscription price of HKD 200,000,000 for new ordinary shares[50]. - The group acquired 668,571,429 new ordinary shares of Qianyang at a subscription price of HKD 200,000,000, resulting in a 65% ownership stake in Qianyang[29]. - Qianyang contributed revenue of HKD 34,990,000 and incurred a loss of HKD 18,248,000 from October 11, 2021, to March 31, 2022[38]. Financial Position and Liquidity - The group's total assets increased to HKD 1,600,250,000 as of March 31, 2022, representing a 103% increase from HKD 789,037,000 in 2021[47]. - The group's current ratio decreased to approximately 1.1 as of March 31, 2022, down from 4.7 in 2021[48]. - The group's bank balances and cash decreased to HKD 109,590,000 as of March 31, 2022, from HKD 239,325,000 in 2021[49]. - The group's total liabilities to equity ratio was 10% as of March 31, 2022, compared to zero in 2021[49]. - The group has pledged assets amounting to HKD 366,512,000 to secure any bank loans as of March 31, 2022[56]. Corporate Governance - The company has maintained a sufficient number of independent non-executive directors, constituting over one-third of the board, ensuring effective independent judgment and oversight[144]. - The board of directors consists of seven members, including four executive directors and three independent non-executive directors, promoting a balanced and diverse governance structure[143]. - The company emphasizes high standards of corporate governance to maximize shareholder returns and enhance transparency and accountability to stakeholders[138]. - The company has adopted a board diversity policy to ensure a balanced mix of skills, experience, and perspectives among board members[159]. - The audit committee has reviewed the accounting principles and practices adopted by the group and discussed financial reporting matters with independent auditors[135]. Risk Management - The company has implemented a comprehensive risk management framework, including self-assessments and internal control reviews to ensure compliance and operational efficiency[195]. - The board is responsible for maintaining a robust risk management and internal control system, with annual reviews conducted to assess the effectiveness of these systems[197]. - The company has established internal controls to safeguard assets and ensure accurate financial reporting, aiming to provide reasonable assurance against material misstatements[194]. - The company has committed to timely and accurate disclosure of significant information, with established internal controls for handling insider information[198]. Social Responsibility - The company donated HKD 1,000,000 to the Wo Gui Foundation Limited to support community initiatives[130]. - The company is dedicated to social responsibility and sustainable development, with annual reviews of its efforts in environmental, social, and governance aspects[200].

n PT INTERNATIONAL DEVELOPMENT CORPORATION LIMITED 保 德 國 際 發 展 企 業 有 限 公 司 * (於百慕達註冊成立之有限公司) (股份代號 : 372) * 僅供錄別 精報告 2027 1111 6 目 錄 簡 稱 2 公司資料 3 簡明綜合財務報表審閱報告書 4 簡明綜合損益及其他全面收入表 5 簡明綜合財務狀況表 7 簡明綜合權益變動表 8 簡明綜合現金流量表 9 簡明綜合財務報表附註 10 管理層討論及分析 28 補充資料 36 1 保德國際發展企業有限公司 簡 稱 於本中期報告內，除文義另有所指外，下列簡稱具有以下涵義： | --- | --- | --- | |----------------------|-------|-----------------------------------------------| | | | | | 「董事會」 | 指 | 本公司之董事會 | | 「公司細則」 | 指 | 本公司之公司細則 | | 「本公司」 | 指 | 保德國際發展企業有限公司 | | 「本期間」 | 指 | 截至二零二一年九月三十日止 ...

P PT INTERNATIONAL DEVELOPMENT CORPORATION LIMITED 保 德 國 際 發 展 企 業 有 限 公 司 * (於百慕達註冊成立之有限公司) (股份代號 : 372) * 僅供錄別 2021 年度報告 目 錄 釋義及詞彙表 2 公司資料 3 主席報告書 4 管理層討論及分析 6 董事及公司秘書履歷簡介 14 董事會報告書 17 企業管治報告書 27 | --- | |--------------------------| | | | 環境、社會及管治報告書 | | 獨立核數師報告書 | | 綜合損益及其他全面收入表 | | 綜合財務狀況表 | | 綜合權益變動表 | | 綜合現金流量表 | | 綜合財務報表附註 | | 五年財務摘要 | 44 67 72 74 76 78 80 158 釋義及詞彙表 於本年報內，除另有所指者外，下列詞彙具有以下涵義： | --- | --- | --- | |----------------------|-------|----------------------------------| | | | | | | | | | 「董事 ...

0 TOTOID 01110101 101001 10011010 01110101 10101001 100110101 1 011101010 0011010 期業績報告 PT INTERNATIONAL DEVELOPMENT CORPORATION LIMITED 00110 德 國 際 發 展 企 業 有 限 公 司 * 倡 (於百慕達註冊成立之有限公司) (股份代號 : 372) "僅供鐵別 目 錄 簡 稱 2 公司資料 3 簡明綜合財務報表審閱報告書 4 簡明綜合損益及其他全面收入表 5 簡明綜合財務狀況表 7 簡明綜合權益變動表 8 簡明綜合現金流量表 9 簡明綜合財務報表附註 10 管理層討論及分析 35 補充資料 43 簡 稱 | --- | --- | --- | |----------------------------------------------------------|-------|--------------------------------------| | | | | | 於本中期報告內，除文義另有所指外，下列簡稱具有以下涵義： | | | | 「董事會」 | 指 ...

PT INTERNATIONAL DEVELOPMENT CORPORATION LIMITED 保 德 國 際 發 展 企 業 有 限 公 司 * (於百慕達註冊成立之有限公司) (股份代號 : 372) ・僅供織別 2020 年度報告 | --- | --- | --- | |--------------------------------|-------|-------| | | | | | | | | | | | | | | | | | | | | | | | | | 目 錄 | | | | 釋義及詞彙表 | 2 | | | 公司資料 | 3 | | | 主席報告書 | 4 | | | 管理層討論及分析 | 6 | | | 董事及公司秘書履歷簡介 | 14 | | | 董事會報告書 | 17 | | | 企業管治報告書 | 26 | | | 環 境、社 會 及 管 治 報 告 書 | 39 | | | 獨立核數師報告書 | 58 | | | 綜合損益及其他全面收入表 | 62 | | | 綜合財務狀況表 | 64 | | | 綜合權益變動表 | 66 | | | 綜合現金流量表 | 68 | | | ...

17.45 15.22 2019 中期業績報告 09.00 PT INTERNATIONAL DEVELOPMENT CORPORATION LIMITED 保存德、國際際發展展、企業業、有一限，公開司。* (於百慕達註冊成立之有限公司) (股份代號 : 372) ·僅供鐵別 簡稱 2 公司資料 3 簡明綜合財務報表審閱報告書 4 簡明綜合損益及其他全面收益表 5 簡明綜合財務狀況表 7 簡明綜合權益變動表 8 簡明綜合現金流量表 9 簡明綜合財務報表附註 10 管理層討論及分析 41 補充資料 46 目 錄 簡 稱 | --- | --- | --- | |----------------------|-------|-----------------------------------------------| | | | | | 「董事會」 | 指 | 本公司之董事會 | | 「公司細則」 | 指 | 本公司之公司細則 | | 「企業管治守則」 | 指 | 上市規則附錄十四所載之企業管治守則 | | 「本公司」 | 指 | 保德國際發展企業有限公司 | | 「本期間」 | 指 | 截至二零一九年九月三十 ...

| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |-------|-------|-------|-------|-------|-------|-------|-------|-------|-------|-------| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | PT INTERNATIONAL DEVELOPMENT CORPORATION LIMITED 保 德 國 際 發 展 企 業 有 限 公 司 * (於百慕達註冊成立之有限公司) (股份代號 : 372) * 僅供當別 釋義及詞彙表 公司資料 主席報告書 管理層討論及分析 董事及公司秘書履歷簡介 董事會報告書 企業管治報告書 環境、社會及管治報告書 獨立核數師報告書 綜合損益及其他全面收入表 綜合財務狀況表 綜合權益變動表 綜合現金流量表 綜合財務報表附註 財務摘要 2 3 4 5 11 14 23 37 5 ...