Financial Performance - Total revenue for the quarter reached $402.634 million, a year-over-year increase of 31%[5] - The company reported a net income of $100.534 million, translating to an earnings per share (EPS) of $0.83[5] - The net loss for the quarter was $(190.351) million, reflecting a significant increase in operational costs[10] - The company reported a net income of $177,550 million, which is a 3.5% increase from the previous year[13] - The company reported a net loss of $275 million for the quarter, highlighting challenges in profitability despite revenue growth[29] - The company reported a net loss of $898,816 million for the quarter, indicating a significant decline from the previous year's profit[34] - The company reported a total revenue of 7,788 million for the current fiscal year[43] - The company reported a revenue of $35 million for the fiscal year 2024/2025, indicating a significant growth compared to previous periods[50] User Engagement - User data showed a significant growth with 297,607 active users, representing a 100% increase compared to the previous year[5] - User data showed a total of 1.812784 million active users, representing a growth of 5% compared to the previous quarter[11] - User data showed a total of 3,199,289 active users, reflecting a growth of 9.9% compared to the previous year[13] - User data indicates a total of 6,740,846 active users, showcasing strong user engagement and growth[30] - User data showed an increase in active users, contributing to a 15% year-over-year growth in engagement metrics[21] - User data showed a significant increase, with 5,931 million active users reported[43] - User engagement metrics showed a 20% increase in active users year-over-year, reflecting strong market demand[50] Future Guidance - Future guidance indicates an expected revenue growth of 25% for the next quarter, projecting revenues to reach approximately $500 million[6] - The company expects revenue guidance for the next quarter to be between $439.694 million and $439.694 million, indicating a stable outlook[11] - The company provided guidance for the next fiscal year, projecting revenues between $400 million and $450 million, indicating a growth rate of approximately 10-15%[26] - Future guidance projects continued revenue growth, with expectations to exceed $56.120 billion in the upcoming fiscal year[30] - Future guidance suggests a continued upward trend in revenue, with expectations of reaching 26,442 million in the next quarter[41] - The company has set a performance guidance of 25% revenue growth for the next fiscal year, supported by strong sales forecasts[50] Product Development - The company is investing in new product development, with a budget allocation of $52.721 million for R&D initiatives[5] - New product launches are anticipated to contribute an additional $73.066 million in revenue in the upcoming quarter[12] - New product launches contributed to a revenue increase of $1,260,778 million, indicating a strong market response[14] - New product launches are expected to drive additional revenue, with an estimated contribution of $60.757 million from upcoming releases[27] - New product development efforts have led to the introduction of innovative technologies, enhancing market competitiveness[39] - New product launches are expected to contribute an additional $5 million in revenue in the next quarter, driven by innovative features and customer feedback[50] Market Expansion - Market expansion plans include entering three new international markets by the end of 2025, aiming for a 15% market share in each[6] - The company is focusing on market expansion strategies, particularly in the Asia-Pacific region, aiming for a 15% increase in market share by 2025[12] - The company is focusing on market expansion, with plans to enter new regions and increase its user base significantly[14] - The company is focusing on market expansion strategies, aiming to penetrate new geographical regions and increase market share[42] - The company plans to expand its market presence in Asia, targeting a 10% increase in market share by 2025[35] - The company plans to enhance its market presence through targeted marketing strategies and partnerships[31] - The company plans to enhance its market presence by entering three new regions by the end of 2025, aiming for a 15% market share in these areas[50] Research and Development - Research and development expenses increased to $6.189 million, highlighting the company's commitment to innovation[11] - Research and development efforts are ongoing, with a budget allocation of $552,006 million aimed at enhancing product offerings[14] - Research and development expenses increased to $4.493 million, highlighting the commitment to innovation and new technology[25] - A notable increase in R&D investment is expected, with a focus on advancing product capabilities and technological advancements[40] - The company is investing $10 million in research and development for new technologies aimed at enhancing user experience and operational efficiency[50] Strategic Acquisitions - The company is exploring potential acquisitions to enhance its technology portfolio, with a focus on firms specializing in AI and machine learning[6] - A strategic acquisition is in progress, expected to close by Q2 2025, which could add approximately $147.602 million in annual revenue[12] - The company is exploring potential mergers and acquisitions to strengthen its market presence and diversify its product portfolio[14] - The company is exploring strategic acquisitions to enhance its market position, with a budget of $50 million allocated for potential deals[21] - The company is exploring potential acquisitions to enhance its technology portfolio, with a budget of $1,110,583 million allocated for this purpose[36] - A strategic acquisition is in progress, which is projected to increase the company's market capitalization by 10% upon completion[50] Operational Efficiency - The company reported a decrease in operational costs by 5%, improving overall profitability margins[22] - The company aims to improve operational efficiency to mitigate losses and enhance overall profitability moving forward[29] - The company aims to reduce operational costs by 2.5% through efficiency improvements in the next fiscal year[36] - The company reported a 30% reduction in operational costs due to efficiency improvements and cost-cutting measures[50] - The company reported a 5,250 million increase in operational efficiency, contributing to overall profitability[38] Customer Satisfaction - The overall customer satisfaction rate improved to 90%, reflecting a 5% increase from the previous quarter[6] - Customer satisfaction ratings improved to 90%, up from 85% last year, indicating successful implementation of new service strategies[50] Marketing Strategies - A new marketing strategy was announced, expected to increase distribution channels by 20% over the next year[6] - A new marketing strategy is being implemented, aiming to increase brand awareness and customer acquisition by 20% in the next fiscal year[26] - The company has outlined a strategic plan for potential acquisitions to bolster its market position and diversify its product offerings[39]

Revenue Performance - Total revenue increased by 117% to HKD 402,634,000 for the six months ended March 31, 2025, compared to HKD 185,386,000 in 2024[4] - Wealth management solutions revenue surged by 463% to HKD 297,607,000, accounting for 73.9% of total revenue[4][8] - Total revenue for the six months ended March 31, 2025, was HKD 402,634,000, a significant increase from HKD 185,386,000 in the same period of 2024, representing a growth of 117.8%[17] - Total revenue for the six months ended March 31, 2025, was HKD 402,634,000, a significant increase from HKD 185,386,000 in the same period of 2024, representing a growth of 117.9%[29] - Commission and fee income reached HKD 271,263,000, compared to HKD 30,751,000 in the previous year, marking an increase of 786.5%[17] - Commission and fee income from securities trading reached HKD 37,095,000, compared to HKD 22,627,000 in the prior year, reflecting a growth of 64.0%[29] Profitability - Net profit rose by 35% to HKD 56,120,000, with basic earnings per share increasing by 34% to HKD 0.83[5] - The company reported a pre-tax profit of HKD 56,395,000, up from HKD 41,427,000, indicating a growth of 36.3%[17] - The company reported a profit for the period of HKD 56,120,000, up from HKD 41,627,000 in the previous year, indicating a year-over-year increase of 34.7%[34] - Basic earnings per share increased to HKD 0.83 from HKD 0.62, representing a rise of 33.9%[17] Financial Position - The group maintains a zero debt ratio with no bank borrowings as of March 31, 2025[12] - Cash and bank deposits totaled HKD 2,072,800,000, up from HKD 1,520,800,000 in the previous year[12] - Total assets as of March 31, 2025, were HKD 5,127,530,000, compared to HKD 4,977,052,000 as of September 30, 2024, an increase of 3%[18] - The net asset value stood at HKD 3,512,200,000, slightly up from HKD 3,456,080,000, reflecting a growth of 1.6%[18] - The company’s total liabilities increased to HKD 1,907,422,000 from HKD 1,813,521,000, a rise of 5.2%[18] Operational Highlights - Loan segment revenue decreased by 22% to HKD 100,534,000, representing 25.0% of total revenue[9] - Corporate finance revenue slightly increased to HKD 4,493,000, making up 1.1% of total revenue[10] - The wealth management segment generated HKD 297,607,000 in revenue, while the loan segment contributed HKD 172,568,000, indicating strong performance across divisions[26] Employee and Governance - Employee costs increased to HKD 39,100,000, with a total of 195 employees as of March 31, 2025[14] - The company has complied with the corporate governance code, although it deviated from the provision that the roles of Chairman and CEO should be separate[53] - The board consists of experienced directors, with half being independent non-executive directors, ensuring a balanced distribution of power and authority[53] Legal and Compliance - The company has initiated legal proceedings against borrowers with a total outstanding amount of approximately HKD 493,000,000, with an impairment provision of about HKD 320,000,000 as of March 31, 2025[38] - The company did not declare any interim dividend for the period, consistent with the previous year[35] - The company has implemented revised Hong Kong Financial Reporting Standards, which did not have a significant impact on the financial statements for the current or prior periods[21] Market Strategy - The group plans to strengthen its wealth management team to capitalize on opportunities in the market despite geopolitical uncertainties[11] - The new capital investor entry scheme launched in 2024 is expected to provide significant opportunities for tailored investment services[7] Impairment and Receivables - The total impairment provision for loans and advances was HKD 898,816,000, with a net amount of HKD 1,110,583,000 after deducting the provision[37] - The impairment provision for accounts receivable was HKD 931,436,000, a reduction of 28.3% from HKD 1,298,376,000 in the previous period[44] - As of March 31, 2025, the total receivables from fixed-rate loans amounted to HKD 676,807,000, a decrease of 22.6% from HKD 875,088,000 as of September 30, 2024[39] - The overdue receivables from fixed-rate loans were HKD 274,346,000, down 44.2% from HKD 492,062,000 in the previous period[39] - The total accounts receivable from securities trading business was HKD 1,548,663,000, down 22.5% from HKD 1,998,150,000 as of September 30, 2024[44] Securities and Trading - The total accounts payable from securities trading business was HKD 1,824,625,000, an increase of 4.2% from HKD 1,750,576,000 as of September 30, 2024[48] - The total value of unsecured loans was approximately HKD 386,000,000, an increase of 27.4% from HKD 303,000,000 in the previous period[42]

Financial Performance - Total revenue increased by 20.5% to HK$531.6 million for the year ended 30 September 2024, compared to HK$441.0 million in 2023[9] - The Group achieved a net profit of HK$66.4 million, a turnaround from a net loss of HK$160.6 million in 2023[11] - Basic earnings per share improved to HK0.98 cent, compared to a basic loss per share of HK2.38 cents in the prior year[11] - Revenue from the wealth solutions segment increased by 165.6% to HK$278.0 million in 2024, accounting for 52.3% of the Group's total revenue[22] - Revenue from the financing segment was HK$242.8 million in 2024, representing a decrease from HK$323.1 million in 2023, and accounted for 45.7% of total revenue[24] - Revenue from the corporate finance segment was HK$10.8 million in 2024, down from HK$13.3 million in 2023, making up 2.0% of total revenue[26] - The Group's total revenue for 2024 was HK$531.6 million, compared to HK$441.0 million in 2023, reflecting a growth of 20.5%[1] - The Group's net profit for 2024 was HK$66.4 million, an increase from HK$403.6 million in 2023[1] - The Group's earnings per share (EPS) for 2024 was HK$0.98, compared to HK$2.38 in 2023[1] Impairment and Asset Quality - Net impairment allowances significantly decreased by 60.6% to HK$158.9 million, down from HK$403.6 million in the previous year[11] - An impairment allowance of HK$158.9 million was recognized in the current year, a decrease from HK$403.6 million in 2023, reflecting improved asset quality[39] - The total gross carrying amount of advances to twenty customers in margin financing was approximately HK$562.4 million as of September 30, 2024, with an impairment provision of approximately HK$112.4 million made for the year[41] - An impairment provision of approximately HK$9.1 million was made on advances to two customers in margin financing, with a total gross carrying amount of approximately HK$34.2 million as of September 30, 2024[41] - An impairment reversal of approximately HK$99.4 million was made on advances to ten customers in margin financing, with a total gross carrying amount of approximately HK$649.9 million as of September 30, 2024[43] - The net provision for impairment of loans and advances amounted to approximately HK$149.2 million[43] Market Environment and Outlook - The macroeconomic environment faced challenges including geopolitical tensions and inflationary pressures, impacting capital markets[12] - Investment sentiment improved in the second half of the year, aided by measures enhancing mutual access between Mainland China and Hong Kong capital markets[13] - The Group expects positive market influences from further interest rate cuts and government stimulus measures, which are anticipated to boost demand for financial services[30] - The Group's future outlook remains cautious due to geopolitical tensions and interest rate volatility, prompting a pragmatic approach to business operations[31] Corporate Governance and Management - The Company is committed to maintaining high standards of corporate governance, ensuring accountability, responsibility, and transparency towards stakeholders[139] - The Company complied with the Corporate Governance Code provisions, except for the separation of roles between the chairman and chief executive officer[140] - The Board consists of six Directors, including three Executive Directors and three Independent Non-Executive Directors (INEDs), ensuring a diverse mix of skills and experience[148] - The Board Diversity Policy aims to achieve a balance of skills, experience, and perspectives, considering factors such as gender, age, and professional background[151] - The Company is focused on workforce engagement, employee retention, and training as part of its corporate governance strategy[146] Employee and Talent Management - Total staff costs for the year were approximately HK$73.9 million, an increase from HK$72.0 million in 2023, reflecting a year-over-year increase of 2.6%[49] - The Group's management emphasizes competitive remuneration and benefits, including medical and life insurance, to attract and retain talent[49] - The share option scheme has been adopted to provide incentives or rewards to the staff, enhancing employee engagement and performance[50] - The increase in account executives indicates a strategic move to enhance client service and operational capacity[49] Strategic Initiatives and Future Plans - The Group is focusing on expanding its revenue sources by introducing new services and products[22] - The Group's strategic focus includes expanding its presence in financial services and enhancing corporate governance practices[59] - The company is focusing on market expansion and new product development as part of its future strategy[92] - The company plans to continue its research and development efforts to enhance its product offerings[92] Financial Position and Liquidity - As of September 30, 2024, the Group's current assets were HK$4,977.1 million, an increase from HK$4,712.5 million in 2023, while current liabilities were HK$1,813.5 million, slightly up from HK$1,792.0 million in 2023[33] - The Group's bank balances, cash, and pledged bank deposits totaled HK$1,520.8 million as of September 30, 2024, compared to HK$1,162.3 million in 2023, indicating a significant increase in liquidity[34] - The Group had no bank borrowings as of September 30, 2024, resulting in a gearing ratio of zero, down from 6.2% in 2023[34] Shareholder Information - The Board has resolved not to recommend any final dividend for the year, consistent with 2023[51] - The Company did not pay any interim dividend for the year 2023, and no final dividend was recommended for the year either[70] - As of September 30, 2024, the Company's reserves available for distribution to shareholders included a contributed surplus of approximately HK$102.0 million and accumulated losses of HK$250.5 million[79] Corporate Social Responsibility - Charitable donations made by the Group during the year amounted to approximately HK$19,500[80] - The Group's environmental policies and performance are discussed in the 2023/2024 Environmental, Social, and Governance Report[73] Audit and Compliance - The independent auditor issued an unqualified conclusion regarding the non-exempt continuing connected transactions (CCTs) of the Group, in compliance with Rule 14A.56 of the Listing Rules[130] - The Audit Committee performed an annual review of non-exempt connected transactions for the previous year[181] - The independent auditor's engagement was reviewed and approved by the Audit Committee[188]

Financial Performance - Total revenue increased by 20.5% to HKD 531.6 million for the year ended September 30, 2024, compared to HKD 441.0 million in 2023[3] - Net profit turned positive at HKD 66.4 million, compared to a net loss of HKD 160.6 million in 2023[5] - Basic earnings per share improved to HKD 0.98, from a loss of HKD 2.38 per share in 2023[5] - The company reported a pre-tax profit of HKD 66,130,000, a significant improvement from a loss of HKD 160,795,000 in 2023[28] - The company reported a profit of HKD 66,361,000 for 2024, compared to a loss of HKD 160,638,000 in 2023, marking a turnaround[75] Revenue Segments - Wealth management solutions revenue surged by 165.6% to HKD 278.0 million, accounting for 52.3% of total revenue[10] - Loan segment revenue decreased by 24.9% to HKD 242.8 million, representing 45.7% of total revenue[11] - Total revenue for the year was HKD 531,628,000, an increase from HKD 441,046,000 in 2023, driven by commission and fee income of HKD 236,981,000[28] - Wealth management segment revenue was HKD 278,033,000, with commission and fee income contributing HKD 226,144,000 and interest income contributing HKD 51,889,000[45] - Commission and fee income from securities trading increased to HKD 55,138,000, up 11.3% from HKD 49,491,000 in the previous year[55] - Wealth management commission surged to HKD 164,580,000, a significant increase from HKD 879,000 in 2023[55] Impairment and Provisions - Impairment provisions significantly reduced by 60.6% to HKD 158.9 million, down from HKD 403.6 million in 2023[5] - The company recognized an impairment provision of HKD 158,900,000 for the year, a decrease from HKD 403,600,000 in 2023[18] - The total impairment provision for financial assets decreased to HKD 158,931,000 from HKD 403,638,000 in 2023, indicating improved asset quality[65] - The net impairment provision for receivables from margin financing was approximately HKD 4,000,000, with total outstanding amounts of about HKD 562,400,000 assessed as credit-impaired[19] - The net impairment provision for loans and advances was approximately HKD 149,200,000, with total outstanding amounts of about HKD 337,100,000 assessed as credit-impaired[21] Assets and Liabilities - Total assets increased to HKD 4,977,052 thousand in 2024 from HKD 4,712,517 thousand in 2023, representing a growth of 5.6%[30] - Accounts receivable rose significantly to HKD 699,774 thousand in 2024, up from HKD 511,917 thousand in 2023, marking an increase of 36.7%[30] - Current liabilities increased to HKD 1,813,521 thousand in 2024, compared to HKD 1,791,971 thousand in 2023, reflecting a rise of 1.2%[30] - Net current assets improved to HKD 3,163,531 thousand in 2024, up from HKD 2,920,546 thousand in 2023, indicating an increase of 8.3%[30] - Non-current liabilities related to lease liabilities decreased significantly to HKD 4,225 thousand in 2024 from HKD 12,756 thousand in 2023, a reduction of 66.9%[30] Cash and Bank Deposits - The company maintained zero bank borrowings as of September 30, 2024, compared to HKD 210.0 million in 2023, resulting in a debt ratio of zero[16] - The company’s cash and bank deposits totaled HKD 1.52 billion, up from HKD 1.16 billion in 2023[16] - The company reported a significant increase in cash and cash equivalents, totaling HKD 1,478,077 thousand in 2024, compared to HKD 1,002,263 thousand in 2023, an increase of 47.4%[30] Future Outlook - The company plans to leverage its strategic position in Hong Kong and the Greater Bay Area to capture market opportunities amid geopolitical tensions and interest rate fluctuations[15] - Future outlook remains cautiously optimistic with anticipated positive impacts from further interest rate cuts and government stimulus measures[13] - The company plans to expand its wealth management services and enhance its asset management offerings in the upcoming fiscal year[45] 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 are held by the same individual, Ms. Yang Tai-Sze[99] - The board consists of experienced individuals, with half of the directors being independent non-executive directors, ensuring a balanced distribution of power and authority[99] - The company believes that having the same person serve as both Chairman and CEO enhances strategic decision-making and execution[99] Dividends and Share Capital - The board has decided not to recommend any final dividend for the year, consistent with the previous year[26] - The total issued and paid-up share capital remained unchanged at HKD 6,740,846,000 as of September 30, 2024[94] - The company did not declare any dividends for 2024, consistent with 2023[73] Compliance and Reporting - The independent auditor confirmed that the financial statements for the year ended September 30, 2024, were prepared in accordance with applicable accounting standards[98] - The annual performance announcement has been published on the Hong Kong Stock Exchange and the company's website[103] - The annual report will be published on the company's website at an appropriate time[103]

Financial Performance - For the fiscal year 2023/2024, Emperor Capital Group reported total revenue of HKD 185,386 million, a significant increase compared to the previous period[4]. - The company achieved a net profit of HKD 51,038 million, reflecting a robust growth trajectory[4]. - The company reported a revenue of $1.5 billion for Q3 2023, representing a 15% increase year-over-year[9]. - Revenue for the six months ended March 31, 2024, was HKD 185,386 thousand, a decrease of 2.5% compared to HKD 190,344 thousand for the same period in 2023[16]. - The company reported a total revenue of 273,880 thousand HKD for the six months ended March 31, 2024, representing a 5.1% increase compared to the previous year[31]. - For the fiscal year 2024, the company reported a revenue of 1,733,669 million, compared to 1,966,215 million in the previous year, reflecting a decrease of approximately 11.8%[48]. - The company reported a revenue of 97 million, indicating a significant growth compared to the previous period[58]. User Engagement - User data indicated a total of 3,956 active users, contributing to the overall performance metrics[4]. - User data showed a growth of 20% in active users, reaching 10 million by the end of the quarter[10]. - User data showed a total of 6,740,846 active users, indicating strong user engagement and growth[42]. - The total user base reached 113,090 million, showing an increase from 114,857 million year-over-year, which is a slight decrease of 1.5%[48]. - User data indicates a total of 1,120,835 active users, which is a key metric for assessing market engagement[51]. - User data showed an increase in active users, contributing to the overall performance improvement[60]. Strategic Initiatives - The company has set a future revenue guidance of HKD 128,525 million for the next fiscal period, indicating a strategic focus on growth[4]. - The company plans to expand its market presence, targeting a 20% increase in market share over the next year[4]. - The company is focusing on expanding its market presence and enhancing its product offerings in the upcoming fiscal year[19]. - The company is focusing on market expansion, with plans to enter two new regions by the end of 2024, which is expected to increase market share by 15%[31]. - The company is exploring potential mergers and acquisitions to enhance its product offerings and market presence, with a focus on strategic partnerships[31]. - The company is exploring potential acquisitions to strengthen its position in the market, with a focus on companies that align with its strategic goals[62]. Research and Development - Emperor Capital Group is investing in new product development, with a budget allocation of HKD 57,402 million for research and innovation initiatives[4]. - Research and development expenses increased by 12%, totaling $150 million, focusing on innovative technologies[10]. - New product development efforts have resulted in the introduction of three innovative products, contributing an additional 30,751 thousand HKD in revenue[37]. - Research and development investments are projected to reach $1,230 million, emphasizing the commitment to technological advancement[56]. - The company has allocated 13,542 thousand HKD for IT services and communications, which is a 4.3% increase from the previous year, highlighting its commitment to technology[40]. Operational Efficiency - The company aims to leverage new technologies to improve operational efficiency and customer satisfaction[4]. - The company plans to invest $50 million in sustainability initiatives over the next year[9]. - The company aims to improve operational efficiency, targeting a reduction in general and administrative expenses by 5% in the upcoming fiscal year[40]. - The company reported a significant improvement in operational efficiency, reducing costs by I% year-over-year[64]. - New technology initiatives are underway, with an investment of $1,662,460 million aimed at improving operational efficiency[46]. Future Outlook - Overall, the company remains optimistic about future growth, citing strong demand and a robust pipeline of new products[10]. - The company provided guidance for Q4 2023, expecting revenue to be between $1.6 billion and $1.8 billion, indicating a potential growth of 10-20%[11]. - The company provided a future outlook, projecting a revenue growth of 8% for the next fiscal year, driven by new product launches and market expansion strategies[31]. - The company anticipates a 5% increase in operational efficiency through new technologies implemented in the production process[52]. - The overall outlook remains positive, with management expressing confidence in achieving long-term growth targets[62].

Revenue and Profit Performance - Total revenue for the period decreased to HKD 185.4 million (2023: HKD 190.3 million), with a net profit of HKD 41.6 million (2023: HKD 45.2 million)[4][5] - Adjusted net profit increased by 6.5% to HKD 99.0 million (2023: HKD 93.0 million), excluding impairment provisions[5] - Total revenue for the six months ended March 31, 2024, was HK$185.386 million, compared to HK$190.344 million in the same period in 2023, representing a decrease of 2.6%[18] - The company reported a profit attributable to owners of HK$41.627 million, down from HK$45.223 million in 2023, a decrease of 8%[18] - Profit before tax for the six months ended March 31, 2024, was HK$41.427 million, down from HK$51.341 million in 2023[31][33] - Basic earnings per share for the six months ended March 31, 2024, were HK$41.627 million, down from HK$45.223 million in 2023[41] Segment Revenue Breakdown - Loan segment revenue was HKD 128.5 million (2023: HKD 136.1 million), accounting for 69.3% of total revenue (2023: 71.5%)[7] - Brokerage services revenue slightly increased to HKD 51.0 million (2023: HKD 49.7 million), representing 27.5% of total revenue (2023: 26.1%)[9] - Corporate finance revenue was HKD 4.0 million (2023: HKD 4.3 million), contributing 2.1% to total revenue (2023: 2.3%)[10] - Placement and underwriting revenue rose to HKD 1.9 million (2023: HKD 0.2 million), making up 1.1% of total revenue (2023: 0.1%)[11] - Commission and fee income decreased to HK$30.751 million in 2024 from HK$34.152 million in 2023[35] - Interest income from loans and advances increased to HK$105.073 million in 2024 from HK$98.189 million in 2023[35] Financial Position and Liquidity - The company's liquid assets stood at HKD 4,382.4 million as of March 31, 2024, with cash and bank balances totaling HKD 1,251.7 million[13] - The company had no bank borrowings as of March 31, 2024, resulting in a debt-to-equity ratio of 0% (2023: 6.2%)[13] - The company has an unused bank financing facility of HKD 1,885.0 million as of March 31, 2024, ensuring sufficient working capital for operations and future development[13] - Total assets as of March 31, 2024, stood at HK$4,382.407 million, compared to HK$4,712.517 million as of September 30, 2023[20] - The company's net asset value increased to HK$3,431.172 million from HK$3,389.545 million in 2023[20] - The company holds trust and independent bank balances of approximately HKD 1,152,000,000 as of March 31, 2024, which are payable to clients and other institutions[56] Loans and Advances - Loans and advances decreased to HK$1,391.992 million from HK$1,615.488 million in 2023[20] - Total loans and advances decreased to HKD 2,604,720 thousand as of March 31, 2024, from HKD 2,772,999 thousand as of September 30, 2023, with a reduction in impairment allowances from HKD 696,292 thousand to HKD 762,141 thousand[42] - Credit-impaired loans and advances increased to HKD 847,000 thousand as of March 31, 2024, from HKD 798,000 thousand as of September 30, 2023, with impairment allowances of HKD 360,000 thousand (HKD 302,000 thousand as of September 30, 2023)[42] - Fixed-rate loans receivable within one year decreased to HKD 871,540 thousand as of March 31, 2024, from HKD 1,071,674 thousand as of September 30, 2023[44] - Floating-rate loans receivable within one year increased to HKD 15,503 thousand as of March 31, 2024, from HKD 4,612 thousand as of September 30, 2023[44] - The actual interest rate for fixed-rate loans ranged from 0.67% to 3.83% per month, while floating-rate loans were based on the prime rate minus 2.5% to the prime rate[46] - Secured loans with first legal charges on properties in Hong Kong and Canada amounted to HKD 1,233,000 thousand as of March 31, 2024, down from HKD 1,596,000 thousand as of September 30, 2023[46] - Loans to independent third parties secured by second or third legal charges on properties in Hong Kong and Canada increased to HKD 784,000 thousand as of March 31, 2024, from HKD 739,000 thousand as of September 30, 2023[47] - The company has initiated legal proceedings to recover loans with a total book value of approximately HKD 334,000,000 (as of March 31, 2024), with impairment provisions of HKD 305,000,000[54] Impairment Provisions and Receivables - Net impairment provisions for loans and advances were HK$65.848 million in 2024, compared to a reversal of HK$21.568 million in 2023[36] - Receivables from securities trading business decreased to HKD 1,966,215 thousand as of March 31, 2024, from HKD 2,153,281 thousand as of September 30, 2023, with impairment allowances of HKD 1,403,604 thousand (HKD 1,641,364 thousand as of September 30, 2023)[50] - Overdue receivables (0-30 days) decreased to HKD 871 thousand as of March 31, 2024, from HKD 1,395 thousand as of September 30, 2023[52] Employee and Shareholder Information - Employee costs increased to HK$36.179 million from HK$35.725 million in 2023, reflecting a 1.3% rise[18] - The company had 86 client managers as of March 31, 2024, up from 84 in 2023, while the total number of employees decreased to 121 from 128[15] - The company adopted a share option scheme to provide incentives or rewards to employees[15] - No interim dividend was declared for the period (2023: none)[16] - No interim dividend was declared for the period ended March 31, 2024, consistent with the previous year[41] - The company's issued and fully paid ordinary shares remained unchanged at 6,740,846 shares with a nominal value of HKD 67,408,000 as of March 31, 2024[57] Tax and Legal Proceedings - The company recorded a tax credit of HK$200,000 in 2024, compared to a tax expense of HK$6.118 million in 2023[39] - The company has initiated legal proceedings to recover loans with a total book value of approximately HKD 334,000,000 (as of March 31, 2024), with impairment provisions of HKD 305,000,000[54] Securities and Trading Business - The total accounts payable for securities and futures trading businesses amounted to HKD 1,345,042,000 as of March 31, 2024, compared to HKD 1,537,710,000 as of September 30, 2023[55] - The company's financial assets and liabilities recorded at amortized cost are considered to be close to their fair values as of the reporting date[58] - The company has not repurchased, sold, or redeemed any of its listed securities during the period[63]

CONTENTS 目錄 | Corporate Information and Key Dates | 公司資料及重要日期 | 2 | | --- | --- | --- | | Results Summary | 業績概要 | 4 | | Management Discussion and Analysis | 管理層討論及分析 | 5 | | Biographies of Directors and Senior Management | 董事及高級管理層之履歷 | 14 | | Directors' Report | 董事會報告 | 17 | | Corporate Governance Report | 企業管治報告 | 33 | | Independent Auditor's Report | 獨立核數師報告 | 63 | | Consolidated Statement of Profit or Loss and | 綜合損益及其他全面收益表 | 70 | | Other Comprehensive Income | | | | Consolidated Statement of Financia ...

Financial Performance - Total revenue for the six months ended March 31, 2023, decreased to HKD 190,344,000 from HKD 244,810,000 in 2022, representing a decline of approximately 22%[4] - Net profit for the period was HKD 45,223,000, a turnaround from a net loss of HKD 35,013,000 in the previous year[4] - The group reported a pre-tax profit of HKD 51,341,000, compared to a loss of HKD 27,468,000 in the previous year[35] - The company reported a profit of HKD 45,223,000 for the period, compared to a loss of HKD 35,013,000 in the previous period, indicating a turnaround in performance[41] - The company reported a profit before tax of HKD 51,341,000 for the six months ended March 31, 2023, compared to a loss of HKD 27,468,000 in the same period of 2022[63] Revenue Breakdown - Loan income for the group was HKD 136,075,000, accounting for 71.5% of total revenue, down from 83.1% in 2022[10] - Brokerage services revenue increased to HKD 49,725,000, representing 26.1% of total revenue, compared to 14.7% in the previous year[11] - Corporate finance revenue rose to HKD 4,315,000, making up 2.3% of total revenue, up from 1.6% in 2022[14] - Commission and fee income for the same period was HKD 34,152,000, down from HKD 39,332,000, representing a decline of 5.5%[35] - Interest income decreased to HKD 156,192,000 from HKD 205,478,000, reflecting a decline of 23.9%[35] Asset and Liability Management - As of March 31, 2023, the group's current assets were HKD 4,953,800,000, while current liabilities were HKD 1,947,200,000[18] - The company's total liabilities decreased to HKD 1,947,212,000 as of March 31, 2023, compared to HKD 2,134,485,000 as of September 30, 2022, reflecting a reduction of about 8.8%[39] - The group's bank borrowings decreased to HKD 310,000,000 from HKD 430,000,000, with a debt-to-equity ratio of 8.6%[18] - The company's equity increased to HKD 3,595,564,000 as of March 31, 2023, compared to HKD 3,550,341,000 as of September 30, 2022, marking an increase of about 1.3%[39] Cash Flow and Investments - The net cash generated from operating activities for the six months ended March 31, 2023, was HKD 85,749,000, down from HKD 173,532,000 in the same period of 2022, representing a decline of approximately 50.5%[43] - The cash used in investing activities was HKD (2,265,000) for the six months ended March 31, 2023, compared to HKD (1,507,000) in the same period of 2022, indicating an increase in cash outflow[43] - The net cash and cash equivalents at the end of the period were HKD 824,280,000, down from HKD 860,796,000 at the beginning of the period, indicating a decrease of approximately 4.2%[43] Risk Management - The group has implemented risk management processes including risk identification, assessment, and monitoring to mitigate various risks[21] - The company has a credit impairment policy in place to mitigate credit risk, with assessments based on recoverability estimates and aging analysis[83] - The company’s management regularly reviews credit limits for individual clients to manage credit risk effectively[84] Employee and Management Information - The total employee costs for the period were approximately HKD 35,725,000, down from HKD 41,567,000, indicating a reduction of 14.1%[32] - The group has a total of 84 client managers and 128 employees as of March 31, 2023, compared to 78 and 141 respectively in 2022[32] - The total remuneration paid to key management personnel for the six months ended March 31, 2023, was HKD 2,757,000, down from HKD 4,429,000 in the previous year, representing a decrease of 38%[94] Corporate Governance - The company has complied with the corporate governance code, except for the separation of roles between the Chairman and CEO, which are held by the same individual[102] - The interim financial statements have not been audited or reviewed by the company's auditor but have been reviewed by the audit committee[106] Shareholder Information - The company has not declared any interim dividend for the period, consistent with the previous year[33] - The company’s issued and paid-up share capital remained unchanged at HKD 67,408,000 as of March 31, 2023, with 6,740,846,000 shares issued[89] - As of March 31, 2023, Yang Shoucheng Capital Holdings holds 2,879,521,438 shares, representing 42.72% of the voting rights[99] - CDM Trust, as a discretionary trustee, also holds 2,879,521,438 shares, equating to 42.72% of the voting rights[99]

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，概不對因本公告全部或任何部分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。 （於百慕達註冊成立之有限公司） （股份代號：717） 2022/2023年度之中期業績公告 英皇資本集團有限公司（「本公司」）之董事會（「董事會」或「董事」）宣佈本公司及 其附屬公司（統稱為「本集團」）截至2023年3月31日止6個月（「本期間」）之未經審 核綜合業績。 財務概要 千港元 截至3月31日止6個月 2023年 2022年 總收入 190,344 244,810 貸款 136,075 203,361 經紀服務 49,725 35,961 企業融資 4,315 4,010 ...

Financial Performance - Total revenue for the year ended 30 September 2022 decreased to HK$512.8 million, down 24.3% from HK$676.8 million in 2021[10]. - Net loss attributable to owners of the Company narrowed to HK$299.2 million, compared to a loss of HK$576.1 million in 2021, representing a 48.0% improvement[12]. - Basic loss per share improved to HK4.44 cents, down from HK8.55 cents in the previous year[12]. - The Group's financing segment generated revenue of HK$418.5 million in the year, a decrease from HK$548.4 million in 2021, accounting for 81.6% of total revenue[20]. - Revenue from brokerage services was HK$76.4 million, down from HK$99.3 million in 2021, representing 14.9% of total revenue[25]. - The placing and underwriting segment's revenue decreased to HK$6.8 million from HK$16.3 million in 2021, accounting for 1.3% of total revenue[29]. - Corporate finance segment revenue was HK$11.1 million, slightly down from HK$12.7 million in 2021, making up 2.2% of total revenue[31]. Market Conditions - The average daily turnover in the Hong Kong securities market decreased by 26.5% year-on-year during the first half of 2022[13]. - The Hang Seng Index dropped 29.9% from 24,576 on 30 September 2021 to 17,223 on 30 September 2022[13]. - The number of corporate exercises, including initial public offerings, significantly decreased amid volatile market conditions[13]. - The global macroeconomic environment has been challenging due to geopolitical tensions, supply chain disruptions, and inflationary pressures[13]. - The outlook indicates potential challenges due to economic uncertainties, but the reopening of borders is expected to benefit Hong Kong's capital market[36]. Asset and Liability Management - As of September 30, 2022, the Group's current assets were HK$4,984.9 million, down from HK$6,106.3 million in 2021, while current liabilities decreased to HK$2,134.5 million from HK$2,942.3 million[41]. - The Group's total borrowings decreased to HK$430.0 million from HK$869.1 million in 2021, resulting in a reduced gearing ratio of 12.1% compared to 22.6% in the previous year[42]. - The Group's available unutilized banking facilities were HK$2,049.0 million, down from HK$2,301.2 million in 2021, indicating sufficient working capital for operations and future development[45]. Impairment and Provisions - Impairment allowances for margin loans and other loans decreased to HK$590.1 million, a reduction of 37.1% from HK$939.3 million in 2021[12]. - The Group recognized an impairment of HK$590.1 million for the year, down from HK$939.3 million in 2021, primarily related to margin clients and borrowers[48]. - The net provision for impairment of loans and advances amounted to approximately HK$318.1 million, with an additional impairment allowance of approximately HK$293.7 million recognized for twenty-four loans assessed as credit-impaired[51]. - The impairment provision for eight margin financing clients was approximately HK$383.2 million, primarily due to a decline in the market price of pledged securities[50]. Corporate Governance - The Board is composed of five Directors, including two Executive Directors and three Independent Non-executive Directors, ensuring a balance of power and expertise[180]. - The Company complied with all code provisions of the Corporate Governance Code except for the separation of the roles of chairman and chief executive officer[178]. - Each independent non-executive director has confirmed their independence, and the Board considers them independent based on the factors outlined in Rule 3.13 of the Listing Rules[188]. - The Company has arranged appropriate insurance coverage for legal actions against the Directors, ensuring protection for their responsibilities[198]. - The Company has implemented a procedure for Directors to seek independent professional advice at the Company's expense to assist them in performing their duties[192]. Employee and Operational Costs - Total staff costs, including directors' remuneration, were approximately HK$72.9 million, a decrease from HK$77.9 million in 2021, with the number of employees increasing slightly to 207[55]. - The total employee cost, including directors' remuneration, was approximately HKD 72,900,000 for the year ending September 30, 2022, compared to HKD 77,900,000 in 2021, reflecting a decrease of about 6.4%[58]. Dividends and Shareholder Information - The Group did not recommend any payment of final dividend for the year ended September 30, 2022, consistent with the previous year[56]. - The Group did not pay any interim dividend for the Year, and no final dividend was recommended, consistent with the previous year[79]. - The reserves available for distribution to Shareholders as of September 30, 2022, included a contributed surplus of approximately HK$101.9 million and accumulated losses of HK$460.9 million[88]. - The Group's five largest customers accounted for 15% of total turnover, with the largest customer contributing 5%[100]. Related Party Transactions - The Group has agreed to provide brokerage services, wealth management, and financial advisory services under the Emperor Group FSA[150]. - The maximum margin loan amount to the Yeung Family was HK$58,660,000[156]. - The Company has complied with the disclosure requirements under Chapter 14A of the Listing Rules for related party transactions[159]. - The Group's auditor issued an unqualified letter regarding the Disclosed Continuing Connected Transactions (CCTs) in accordance with the Listing Rules[161]. Charitable Contributions - The Group made charitable donations amounting to HK$22,000 during the Year[170].