Financial Performance - The group's revenue for the six months ended September 30, 2024, was approximately HKD 6.5 million, a decrease of about 29.7% compared to HKD 9.3 million in the same period of 2023[11]. - The total comprehensive loss attributable to the owners of the company for the six months ended September 30, 2024, was approximately HKD 2.6 million, a reduction of about 43.6% compared to HKD 4.5 million in the same period of 2023[11]. - The company reported a net financing income of HKD 377, down from HKD 1.1 million in the same period of 2023[13]. - The company’s basic and diluted loss per share for the period was HKD 0.001, compared to HKD 0.01 in the same period of 2023[13]. - The company incurred a total comprehensive loss of HKD 9,574,000 for the six months ended September 30, 2024, compared to a loss of HKD 4,551,000 in the previous period[19]. - The group reported a loss before tax of HKD 2,409 million for the six months ended September 30, 2024, compared to a loss of HKD 4,324 million in the same period of 2023[39]. - The group incurred a net loss of HKD 2,453 million for the six months ended September 30, 2024, compared to a net loss of HKD 4,423 million in the same period of 2023[39]. - The company reported a net loss attributable to owners of the company of (2,588) thousand HKD for the six months ended September 30, 2024, compared to a net loss of (4,472) thousand HKD in the same period of 2023[58]. Revenue Breakdown - Total revenue for the six months ended September 30, 2024, was HKD 6,545 million, a decrease of 29.8% from HKD 9,312 million in the same period of 2023[31]. - Revenue from the food supply business was HKD 5,254 million, down 20.9% from HKD 6,641 million year-on-year[31]. - Revenue from financial institution cooperation services was HKD 1,291 million, a decline of 51.6% compared to HKD 2,671 million in the previous year[31]. - The revenue from the food supply service was approximately HKD 5.3 million, a decrease of about 20.9% from approximately HKD 6.7 million in the previous year[84][93]. - The revenue from financial institution cooperation services was approximately HKD 1.3 million, down from HKD 2.7 million in the previous year, primarily due to adverse macroeconomic conditions in China[88][94]. Assets and Liabilities - Non-current assets as of September 30, 2024, totaled HKD 81.7 million, slightly down from HKD 82.1 million as of March 31, 2024[15]. - Current assets as of September 30, 2024, amounted to HKD 35.5 million, a decrease from HKD 40.2 million as of March 31, 2024[15]. - The total assets of the company were HKD 117.2 million as of September 30, 2024, down from HKD 122.2 million as of March 31, 2024[15]. - The equity attributable to the owners of the company was negative HKD 119.96 million as of September 30, 2024, compared to negative HKD 122.7 million as of March 31, 2024[15]. - Total liabilities decreased from HKD 239,966,000 to HKD 232,003,000, a reduction of approximately 3.9%[17]. - Current liabilities increased significantly from HKD 229,377,000 to HKD 221,522,000, primarily due to trade and other payables rising from HKD 52,817,000 to HKD 113,481,000, an increase of 114%[17]. - The total assets as of September 30, 2024, were approximately HKD 117.2 million, with cash and cash equivalents of approximately HKD 368,000[108]. Cash Flow and Financing - The company reported a net cash inflow from operating activities of HKD 64,599,000 for the six months ended September 30, 2024, compared to a cash outflow of HKD 387,000 in the same period last year[21]. - Cash and cash equivalents decreased from HKD 2,226,000 to HKD 368,000, a decline of approximately 83.5%[21]. - The company completed a placement of 370,000,000 shares at a price of HKD 0.0144 per share, raising approximately HKD 5,298,000[19]. - The net proceeds from the placement of 370 million shares at HKD 0.0144 per share amounted to approximately HKD 5.1 million, with 78.43% allocated for debt repayment[122]. - The company repaid HKD 4.0 million of its debts and utilized HKD 0.9 million for operational funding, with an expected timeline for the remaining funds to be used by December 31, 2024[124]. Operational Highlights - Employee benefit expenses decreased from approximately HKD 4.5 million to about HKD 1.6 million, mainly due to restaurant closures and organizational streamlining in China[97]. - The company plans to open a new Chinese restaurant in Hong Kong, currently under renovation, expected to commence operations in the first quarter of 2025[84]. - The company aims to invest more resources into the food supply business and actively seek long-term partnerships with more suppliers and customers[84]. - The company did not acquire or dispose of any property, plant, and equipment during the interim period[60]. - There were no new lease agreements established for restaurant operations during the interim period[61]. Compliance and Governance - The board of directors confirmed compliance with the GEM Listing Rules regarding securities trading during the six months ending September 30, 2024[135]. - The audit committee reviewed the unaudited consolidated results for the six months ending September 30, 2024, ensuring compliance with applicable accounting standards and sufficient disclosure[138]. - There were no significant events occurring after September 30, 2024, up to the report date[139].
生活概念(08056) - 2025 - 中期财报