Financial Performance - CBK Holdings Limited reported its interim results for the six months ending September 30, 2024, in compliance with GEM Listing Rules[2]. - Revenue for the six months ended September 30, 2024, was HK10,132,000 in the same period last year, representing a growth of 18.1%[20]. - Gross profit for the period was HK6,836,000 in the previous year, reflecting an increase of 10.9%[20]. - Loss before tax from continuing operations was HK8,290,000 in the prior year, indicating a deterioration of 11.5%[20]. - Total loss for the period was HK9,402,000 reported in the same period last year, an increase of 2.7%[20]. - For the six months ended September 30, 2024, the total comprehensive loss attributable to owners of the Company was HK9,267,000 for the same period in 2023, representing a decrease of approximately 3.3%[22]. - The loss per share attributable to owners of the Company for the period was HK0.15 in the previous year, indicating a reduction in loss per share by approximately 46.7%[22]. Operational Highlights - The company is focusing on cost management strategies to mitigate rising operational expenses in the upcoming periods[20]. - The segment loss for the provision of catering services through restaurant operations in Hong Kong was HK3,563,000 for the same period in 2023, indicating an improvement in performance[63][67]. - The company completed the disposal of its 100% equity interest in Quick Success Holding Limited on 13 September 2024, aiming to generate cash for the expansion of other businesses[81]. - The company aims to enhance its competitiveness and market share in the catering service market through diversified catering choices[127]. Financial Position - Total assets less current liabilities as of September 30, 2024, were HK8,612,000 as of March 31, 2024[24]. - The net current liabilities as of September 30, 2024, were HK375,000 as of March 31, 2024, indicating a deterioration in liquidity position[24]. - The Company reported a total equity deficit of HK7,752,000 as of March 31, 2024, indicating a decline in equity position[26]. - Current liabilities increased to HK11,979,000 as of March 31, 2024, representing an increase of approximately 22.9%[24]. - The Company’s cash and cash equivalents decreased to HK7,796,000 as of March 31, 2024, indicating a decline of approximately 69.4%[24]. Compliance and Governance - The company confirmed that the information provided in the report is accurate and complete in all material respects, with no misleading or deceptive elements[9]. - The company has a compliance officer and authorized representatives to ensure adherence to regulatory requirements[12]. - The interim report is part of the company's commitment to transparency and accountability to its shareholders[3]. - The Audit Committee reviewed the unaudited condensed consolidated financial statements for the six months ended September 30, 2024, confirming compliance with applicable accounting standards and GEM Listing Rules[200]. Shareholder Information - The Company did not recommend the payment of any dividend for the six months ended September 30, 2024, consistent with the previous year[92]. - The total number of issued ordinary shares as of the report date is 111,971,512[172]. - The Group's issued and fully paid share capital remained at 111,972,000 shares, amounting to HK$1,120,000 as of 30 September 2024[110]. Market and Economic Conditions - The overall economic situation remains complex and changeable, affecting consumer confidence and behavior in the catering industry[126]. - Investors are advised to consider the potential risks associated with investing in GEM-listed companies due to their susceptibility to market volatility[7]. - The GEM market is designed for small and mid-sized companies, which may carry higher investment risks compared to other companies listed on the Stock Exchange[6].
国茂控股(08428) - 2025 - 中期业绩