Financial Performance - Revenue from continuing operations reached approximately HK$158,099,000, representing an increase of 27.7% compared to the same period of the previous financial year[16]. - Profit from continuing operations attributable to shareholders increased by 143.6% to HK$22,846,000 for the Interim Period compared to HK$9,378,000 for the same period of the previous financial year[16]. - Basic and diluted earnings per share for the Interim Period were HK3.11 cents[16]. - Gross profit for the Interim Period was HK$38,505,000, a decrease from HK$42,139,000 in the previous year[21]. - Operating profit for the Interim Period was HK$38,210,000, compared to HK$26,529,000 in the previous year[21]. - Profit for the period from continuing operations was HK$30,448,000, compared to HK$18,163,000 in the previous year[23]. - No dividend was declared for the Interim Period[16]. - Finance income for the Interim Period was HK$600,000, a decrease from HK$2,232,000 in the previous year[23]. - Income tax expense for the Interim Period was HK$8,326,000, compared to HK$10,187,000 in the previous year[23]. - Total comprehensive income for the period was HK$35,684,000, down 55.6% from HK$80,298,000 in the same period of 2020[29]. - Profit attributable to equity holders of the Company for the six months ended June 30, 2021, was HK$22,846,000, a decrease of 71.6% compared to HK$80,182,000 in 2020[26]. - Basic earnings per share attributable to equity holders from continuing operations was HK$0.031, compared to HK$0.013 in the previous year[32]. - The profit attributable to owners of the Company for the six months ended June 30, 2021, was HK$22,846,000, a decrease of 71.5% compared to HK$80,182,000 for the same period in 2020[112]. - The decrease in profit was mainly due to the absence of a one-off gain on disposal of discontinued operations amounting to HK$70.8 million in the Comparative Period[174]. Assets and Liabilities - Total assets reached HK$844,651,000, an increase of 26.1% compared to HK$669,099,000 as of December 31, 2020[34]. - Trade receivables increased significantly to HK$111,393,000 from HK$53,251,000, representing a growth of 109.1%[34]. - Cash and cash equivalents rose to HK$236,775,000, up 83.5% from HK$129,132,000 at the end of 2020[34]. - Total liabilities decreased from HK$200,965,000 as of December 31, 2020, to HK$186,770,000 as of June 30, 2021, representing a reduction of approximately 7.5%[40]. - Current income tax liabilities increased from HK$18,770,000 to HK$20,281,000, reflecting an increase of about 8.0%[40]. - The total equity attributable to owners of the Company rose to HK$657,881,000 from HK$468,134,000, an increase of 40.5%[37]. - The total equity increased from HK$669,099,000 as of December 31, 2020, to HK$844,651,000 as of June 30, 2021, representing a growth of about 26.1%[40]. - Non-controlling interests increased to HK$96,797,000 from HK$90,040,000, reflecting a growth of 7.8%[37]. - Trade payables rose significantly from HK$19,968,000 to HK$31,225,000, an increase of approximately 56.5%[40]. Cash Flow - Net cash outflow from operating activities was HK$6,399,000 for the six months ended June 30, 2021, compared to HK$1,854,000 for the same period in 2020, indicating a significant increase in cash outflow[49]. - Net cash inflow from financing activities surged to HK$129,435,000 in the first half of 2021, compared to only HK$1,869,000 in the same period of 2020[49]. - Cash and cash equivalents at the end of the period increased to HK$236,775,000 as of June 30, 2021, up from HK$187,844,000 at the end of June 2020, marking an increase of approximately 26.0%[49]. - The Group experienced a net cash inflow from investing activities of HK$1,561,000 in the first half of 2021, contrasting with a net cash outflow of HK$29,675,000 in the same period of 2020[49]. Segment Information - The Group has three operating segments: environmental maintenance, property leasing, and securities trading[66]. - Revenue from environmental maintenance services was HK$156,467,000, up from HK$122,861,000, reflecting a growth of 27.4%[85]. - The Group's revenue from property leasing business was HK$1,496,000, compared to HK$537,000 in the previous year, showing a growth of 178.4%[85]. - The Group's geographical revenue breakdown shows HK$157,963,000 from China and HK$136,000 from Hong Kong for the six months ended June 30, 2021[82]. - The Group's environmental maintenance business is expanding into regions such as Xinjiang Autonomous Region, Hebei Province, and Inner Mongolia Autonomous Region[178]. Employee and Operational Metrics - The Group had a total of 1,859 employees as of 30 June 2021, an increase from 1,089 employees as of 30 June 2020[198]. - Salaries and benefits expenses for workers were approximately HK$71,174,000, up from HK$51,341,000 in the Comparative Period[199]. - General and administrative expenses for the six months ended June 30, 2021, totaled HK$14,502,000, significantly higher than HK$6,645,000 for the same period in 2020, marking an increase of 118.5%[92]. Corporate Actions - The Company adopted a share award scheme on 10 August 2021, allowing the trustee to purchase up to 79,500,000 shares, representing 10% of the total issued shares as of the adoption date[167]. - The English name of the Company was changed to "Net-a-Go Technology Company Limited" on 9 August 2021, along with a new website[165]. - Loans from Mr. Sang amounted to HK$20,180,000, with a total loan facility of HK$300,000,000 at an interest rate of 4.5% per annum, which was fully repaid during the Interim Period[161]. Discontinued Operations - The company did not report any new product or technology developments, market expansion, or mergers and acquisitions during the Interim Period[19]. - Discontinued operations reported no revenue for the six months ended June 30, 2021, compared to HK$21,523,000 in revenue for the same period in 2020[102]. - The loss for the period from discontinued operations was HK$10,597,000 for the six months ended June 30, 2020, with no corresponding loss reported for 2021 due to the cessation of these operations[102]. - The gain on disposal of subsidiaries amounted to HK$81,401,000, with net liabilities disposed of totaling HK$81,201,000, resulting in a net cash inflow of HK$200,000 from the transaction[105].
网誉科技(01483) - 2021 - 中期财报