Karin Annual Report 2026
Units appear below each metric. Scroll to compare years
| Metric / unit | 2026Group | 2025Group | Source |
|---|---|---|---|
| Group profit and comprehensive income | |||
| RevenueHKD thousand | 2,334,300 | 1,929,544 | PDF p. 68 |
| Cost of salesHKD thousand | (2,151,475) | (1,752,908) | PDF p. 68 |
| Gross profitHKD thousand | 182,825 | 176,636 | PDF p. 68 |
| Other income and gains, netHKD thousand | 10,708 | 10,263 | PDF p. 68 |
| Selling and distribution costsHKD thousand | (74,762) | (76,162) | PDF p. 68 |
| Administrative expensesHKD thousand | (116,428) | (72,969) | PDF p. 68 |
| Other expenses, netHKD thousand | (7,840) | (7,938) | PDF p. 68 |
| Finance costsHKD thousand | (2,489) | (5,716) | PDF p. 68 |
| (Loss)/profit before taxHKD thousand | (7,986) | 24,114 | PDF p. 68 |
| Income tax expenseHKD thousand | (10,892) | (7,548) | PDF p. 68 |
| (Loss)/profit for the yearHKD thousand | (18,878) | 16,566 | PDF p. 68 |
| Exchange differences on translation of foreign operationsHKD thousand | 3,784 | 2,100 | PDF p. 68 |
| Exchange differences reclassified on disposal of an associateHKD thousand | – | 606 | PDF p. 68 |
| Actuarial gain on long service payment obligationHKD thousand | 432 | 272 | PDF p. 68 |
| Other comprehensive income for the year, net of taxHKD thousand | 4,216 | 2,978 | PDF p. 68 |
| Total comprehensive income for the yearHKD thousand | (14,662) | 19,544 | PDF p. 68 |
| (Loss)/profit attributable to owners of the CompanyHKD thousand | (22,594) | 19,151 | PDF p. 68 |
| (Loss)/profit attributable to non-controlling interestsHKD thousand | 3,716 | (2,585) | PDF p. 68 |
| Total (loss)/profit attributableHKD thousand | (18,878) | 16,566 | PDF p. 68 |
| Total comprehensive income attributable to owners of the CompanyHKD thousand | (18,237) | 22,151 | PDF p. 68 |
| Total comprehensive income attributable to non-controlling interestsHKD thousand | 3,575 | (2,607) | PDF p. 68 |
| Total comprehensive income attributableHKD thousand | (14,662) | 19,544 | PDF p. 68 |
Original report: PDF p. 68 ↗
Units appear below each metric. Scroll to compare years
| Metric / unit | 2026Group | 2025Group | Source |
|---|---|---|---|
| Group profit and comprehensive income | |||
| Basic and diluted earnings/(loss) per shareHK cents per share | (10.5) | 8.9 | PDF p. 68 |
Original report: PDF p. 68 ↗
Units appear below each metric. Scroll to compare years
| Metric / unit | 2026Group | 2025Group | 2026Company | 2025Company | Source |
|---|---|---|---|---|---|
| Group and Company assets and current liabilities | |||||
| Property, plant and equipmentHKD thousand | 28,574 | 4,311 | – | – | PDF p. 69 |
| GoodwillHKD thousand | 1,059 | 1,059 | – | – | PDF p. 69 |
| Right-of-use assetsHKD thousand | 9,636 | 18,409 | – | – | PDF p. 69 |
| Investment in subsidiariesHKD thousand | – | – | 76,308 | 76,308 | PDF p. 69 |
| Investment in an associateHKD thousand | – | – | – | – | PDF p. 69 |
| Deferred tax assetsHKD thousand | 4,279 | 4,263 | – | – | PDF p. 69 |
| Amount due from an associateHKD thousand | – | – | – | – | PDF p. 69 |
| Prepayments and other assets — non-currentHKD thousand | 24,876 | 25,069 | – | – | PDF p. 69 |
| Total non-current assetsHKD thousand | 68,424 | 53,111 | 76,308 | 76,308 | PDF p. 69 |
| InventoriesHKD thousand | 257,768 | 252,013 | – | – | PDF p. 69 |
| Trade and bills receivablesHKD thousand | 439,383 | 385,946 | – | – | PDF p. 69 |
| Prepayments, other receivables and other assets — currentHKD thousand | 137,050 | 153,569 | – | – | PDF p. 69 |
| Amounts due from subsidiariesHKD thousand | – | – | 48,385 | 50,006 | PDF p. 69 |
| Financial asset at fair value through profit or lossHKD thousand | 281 | 1,055 | – | – | PDF p. 69 |
| Derivative financial instrumentsHKD thousand | 1,078 | 327 | – | – | PDF p. 69 |
| Cash and cash equivalentsHKD thousand | 103,805 | 144,025 | 3,544 | 1,012 | PDF p. 69 |
| Current assets subtotal excluding held-for-sale assetsHKD thousand | 939,365 | 936,935 | 51,929 | 51,018 | PDF p. 69 |
| Assets classified as held for saleHKD thousand | – | 66,792 | – | – | PDF p. 69 |
| Total current assetsHKD thousand | 939,365 | 1,003,727 | 51,929 | 51,018 | PDF p. 69 |
| Trade and bills payablesHKD thousand | 319,712 | 248,899 | – | – | PDF p. 69 |
| Other payables and accrualsHKD thousand | 229,084 | 298,751 | 2,037 | 1,688 | PDF p. 69 |
| Amounts due to subsidiariesHKD thousand | – | – | 10,000 | 1,442 | PDF p. 69 |
| Tax payableHKD thousand | 6,308 | 8,789 | – | – | PDF p. 69 |
| Interest-bearing bank and other borrowingsHKD thousand | 46,134 | 57,507 | – | – | PDF p. 69 |
| Lease liabilities — currentHKD thousand | 8,099 | 8,890 | – | – | PDF p. 69 |
| Current liabilities subtotal excluding held-for-sale liabilitiesHKD thousand | 609,337 | 622,836 | 12,037 | 3,130 | PDF p. 69 |
| Liabilities directly associated with assets classified as held for saleHKD thousand | – | 1,733 | – | – | PDF p. 69 |
| Total current liabilitiesHKD thousand | 609,337 | 624,569 | 12,037 | 3,130 | PDF p. 69 |
| Net current assetsHKD thousand | 330,028 | 379,158 | 39,892 | 47,888 | PDF p. 69 |
Original report: PDF p. 69 ↗
Units appear below each metric. Scroll to compare years
| Metric / unit | 2026Group | 2025Group | 2026Company | 2025Company | Source |
|---|---|---|---|---|---|
| Group and Company non-current liabilities and equity | |||||
| Deferred tax liabilitiesHKD thousand | 11,808 | 7,247 | – | – | PDF p. 70 |
| Other payables — non-currentHKD thousand | 13,422 | 15,708 | 21 | – | PDF p. 70 |
| Other borrowings — non-currentHKD thousand | 168 | 267 | – | – | PDF p. 70 |
| Lease liabilities — non-currentHKD thousand | 1,259 | 8,629 | – | – | PDF p. 70 |
| Total non-current liabilitiesHKD thousand | 26,657 | 31,851 | 21 | – | PDF p. 70 |
| Net assetsHKD thousand | 371,795 | 400,418 | 116,179 | 124,196 | PDF p. 70 |
| Issued capitalHKD thousand | 21,636 | 21,636 | 21,636 | 21,636 | PDF p. 70 |
| Treasury sharesHKD thousand | (5,629) | (61) | (5,629) | (61) | PDF p. 70 |
| ReservesHKD thousand | 361,841 | 388,471 | 100,172 | 102,621 | PDF p. 70 |
| Equity attributable to owners of the CompanyHKD thousand | 377,848 | 410,046 | 116,179 | 124,196 | PDF p. 70 |
| Non-controlling interestsHKD thousand | (6,053) | (9,628) | – | – | PDF p. 70 |
| Total equityHKD thousand | 371,795 | 400,418 | 116,179 | 124,196 | PDF p. 70 |
Original report: PDF p. 70 ↗
Units appear below each metric. Scroll to compare years
| Metric / unit | 2026Group | 2025Group | Source |
|---|---|---|---|
| Group cashflows — operating activities | |||
| (Loss)/profit before taxHKD thousand | (7,986) | 24,114 | PDF p. 73 |
| Interest incomeHKD thousand | (1,898) | (2,330) | PDF p. 73 |
| Interest income from an associateHKD thousand | – | (584) | PDF p. 73 |
| Reversal of write down of inventories, netHKD thousand | (3,132) | (3,071) | PDF p. 73 |
| Allowance/(reversal of allowance) for ECL on trade receivablesHKD thousand | 3,292 | (1,133) | PDF p. 73 |
| Write-back of long outstanding trade and other payablesHKD thousand | (2,258) | (2,305) | PDF p. 73 |
| Fair value gain on derivative financial instrumentsHKD thousand | (751) | (280) | PDF p. 73 |
| Fair value loss/(gain) on a financial asset at fair value through profit or lossHKD thousand | 774 | (15) | PDF p. 73 |
| Depreciation of property, plant and equipmentHKD thousand | 42,252 | 3,324 | PDF p. 73 |
| Depreciation of right-of-use assetsHKD thousand | 9,661 | 9,765 | PDF p. 73 |
| Gain on disposal of property, plant and equipmentHKD thousand | (10) | (48) | PDF p. 73 |
| Gain on disposal of an associateHKD thousand | – | (291) | PDF p. 73 |
| Property, plant and equipment written offHKD thousand | – | 217 | PDF p. 73 |
| Allowance for ECL on amount due from an associateHKD thousand | – | 6,086 | PDF p. 73 |
| Impairment of advances to supplierHKD thousand | 3,345 | – | PDF p. 73 |
| Finance costsHKD thousand | 2,489 | 5,716 | PDF p. 73 |
| Operating cash flows before changes in working capitalHKD thousand | 45,778 | 39,165 | PDF p. 73 |
| InventoriesHKD thousand | (2,112) | 202 | PDF p. 73 |
| Trade and bills receivablesHKD thousand | (55,271) | 86,293 | PDF p. 73 |
| Prepayments, other receivables and other assetsHKD thousand | 14,509 | 45,568 | PDF p. 73 |
| Trade and bills payablesHKD thousand | 71,328 | (80,048) | PDF p. 73 |
| Other payables and accrualsHKD thousand | (71,061) | 2,351 | PDF p. 73 |
| Cash flows from operationsHKD thousand | 3,171 | 93,531 | PDF p. 73 |
| Interest paidHKD thousand | (1,687) | (4,545) | PDF p. 73 |
| Income tax paidHKD thousand | (10,538) | (4,310) | PDF p. 73 |
| Net cash flows (used in)/from operating activitiesHKD thousand | (9,054) | 84,676 | PDF p. 73 |
Original report: PDF p. 73 ↗
Units appear below each metric. Scroll to compare years
| Metric / unit | 2026Group | 2025Group | Source |
|---|---|---|---|
| Group cashflows — investing, financing and cash | |||
| Purchase of property, plant and equipmentHKD thousand | (330) | (1,846) | PDF p. 74 |
| Proceeds from disposal of property, plant and equipmentHKD thousand | 10 | 265 | PDF p. 74 |
| Proceeds from exercise of forward currency contractsHKD thousand | – | 723 | PDF p. 74 |
| Interest receivedHKD thousand | 1,898 | 2,330 | PDF p. 74 |
| Proceeds from disposal of an associateHKD thousand | – | 7,662 | PDF p. 74 |
| Increase in amount due from an associateHKD thousand | – | (623) | PDF p. 74 |
| Net cash flows from investing activitiesHKD thousand | 1,578 | 8,511 | PDF p. 74 |
| Share buy-backHKD thousand | (5,247) | – | PDF p. 74 |
| Proceeds from bank and other borrowingsHKD thousand | 438,412 | 1,273,311 | PDF p. 74 |
| Repayment of bank and other borrowingsHKD thousand | (449,791) | (1,321,362) | PDF p. 74 |
| Payment of principal portion of lease paymentsHKD thousand | (9,149) | (8,649) | PDF p. 74 |
| Interest portion of lease paymentsHKD thousand | (802) | (1,171) | PDF p. 74 |
| Dividends paid to owners of the CompanyHKD thousand | (8,393) | (18,993) | PDF p. 74 |
| Net cash flows used in financing activitiesHKD thousand | (34,970) | (76,864) | PDF p. 74 |
| Net (decrease)/increase in cash and cash equivalentsHKD thousand | (42,446) | 16,323 | PDF p. 74 |
| Cash and cash equivalents at beginning of financial yearHKD thousand | 144,025 | 127,206 | PDF p. 74 |
| Cash and cash equivalents reclassified from assets classified as held for saleHKD thousand | 417 | – | PDF p. 74 |
| Cash and cash equivalents included in assets classified as held for saleHKD thousand | – | 305 | PDF p. 74 |
| Effect of foreign exchange rate changes, netHKD thousand | 1,809 | 191 | PDF p. 74 |
| Cash and cash equivalents at end of financial yearHKD thousand | 103,805 | 144,025 | PDF p. 74 |
Original report: PDF p. 74 ↗
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| Metric / unit | 2025GroupIssued capital | 2025GroupTreasury shares | 2025GroupShare premium account* | 2025GroupContributed surplus* | 2025GroupLand and buildings revaluation reserve* | 2025GroupGeneral reserve* | 2025GroupOther reserve* | 2025GroupExchange fluctuation reserve* | 2025GroupRetained profits* | 2025GroupOwners subtotal | 2025GroupNon-controlling interests | 2025GroupTotal equity | Source |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group changes in equity FY 2025 | |||||||||||||
| At 1 July 2024HKD thousand | 21,636 | (61) | 48,935 | 898 | 57,810 | 6,150 | (890) | (3,042) | 275,452 | 406,888 | (7,021) | 399,867 | PDF p. 71 |
| Profit for the yearHKD thousand | – | – | – | – | – | – | – | – | 19,151 | 19,151 | (2,585) | 16,566 | PDF p. 71 |
| Exchange differences on translation of foreign operationsHKD thousand | – | – | – | – | – | – | – | 2,122 | – | 2,122 | (22) | 2,100 | PDF p. 71 |
| Exchange differences reclassified on disposal of an associateHKD thousand | – | – | – | – | – | – | – | 606 | – | 606 | – | 606 | PDF p. 71 |
| Actuarial gain on long service payment obligationHKD thousand | – | – | – | – | – | – | 272 | – | – | 272 | – | 272 | PDF p. 71 |
| Total comprehensive income for the yearHKD thousand | – | – | – | – | – | – | 272 | 2,728 | 19,151 | 22,151 | (2,607) | 19,544 | PDF p. 71 |
| Dividends paidHKD thousand | – | – | – | – | – | – | – | – | (18,993) | (18,993) | – | (18,993) | PDF p. 71 |
| Total contributions by and distributions to ownersHKD thousand | – | – | – | – | – | – | – | – | (18,993) | (18,993) | – | (18,993) | PDF p. 71 |
| At 30 June 2025HKD thousand | 21,636 | (61) | 48,935 | 898 | 57,810 | 6,150 | (618) | (314) | 275,610 | 410,046 | (9,628) | 400,418 | PDF p. 71 |
Original report: PDF p. 71 ↗
Units appear below each metric. Scroll to compare years
| Metric / unit | 2026GroupIssued capital | 2026GroupTreasury shares | 2026GroupShare premium account* | 2026GroupContributed surplus* | 2026GroupLand and buildings revaluation reserve* | 2026GroupGeneral reserve* | 2026GroupOther reserve* | 2026GroupExchange fluctuation reserve* | 2026GroupRetained profits* | 2026GroupOwners subtotal | 2026GroupNon-controlling interests | 2026GroupTotal equity | Source |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group changes in equity FY 2026 | |||||||||||||
| At 1 July 2025HKD thousand | 21,636 | (61) | 48,935 | 898 | 57,810 | 6,150 | (618) | (314) | 275,610 | 410,046 | (9,628) | 400,418 | PDF p. 72 |
| Loss for the yearHKD thousand | – | – | – | – | – | – | – | – | (22,594) | (22,594) | 3,716 | (18,878) | PDF p. 72 |
| Exchange differences on translation of foreign operationsHKD thousand | – | – | – | – | – | – | – | 3,925 | – | 3,925 | (141) | 3,784 | PDF p. 72 |
| Actuarial gain on long service payment obligationHKD thousand | – | – | – | – | – | – | 432 | – | – | 432 | – | 432 | PDF p. 72 |
| Total comprehensive income for the yearHKD thousand | – | – | – | – | – | – | 432 | 3,925 | (22,594) | (18,237) | 3,575 | (14,662) | PDF p. 72 |
| Share buy-backHKD thousand | – | (5,568) | – | – | – | – | – | – | – | (5,568) | – | (5,568) | PDF p. 72 |
| Dividend paidHKD thousand | – | – | – | – | – | – | – | – | (8,393) | (8,393) | – | (8,393) | PDF p. 72 |
| Total contributions by and distributions to ownersHKD thousand | – | (5,568) | – | – | – | – | – | – | (8,393) | (13,961) | – | (13,961) | PDF p. 72 |
| At 30 June 2026HKD thousand | 21,636 | (5,629) | 48,935 | 898 | 57,810 | 6,150 | (186) | 3,611 | 244,623 | 377,848 | (6,053) | 371,795 | PDF p. 72 |
Original report: PDF p. 72 ↗
Units appear below each metric. Scroll to compare years
| Metric / unit | 2026Group | 2025Group | 2026Company | 2025Company | Source |
|---|---|---|---|---|---|
| Cash and cash equivalents — Note 23 | |||||
| Cash and bank balancesHKD thousand | 68,706 | 82,032 | 3,544 | 1,012 | PDF p. 126 |
| Short-term depositsHKD thousand | 35,099 | 61,993 | – | – | PDF p. 126 |
| Total cash and cash equivalentsHKD thousand | 103,805 | 144,025 | 3,544 | 1,012 | PDF p. 126 |
Original report: PDF p. 126 ↗
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| Metric / unit | 2026Group and Company | 2025Group and Company | Source |
|---|---|---|---|
| Dividends declared and paid — Note 10 | |||
| Interim dividend for FY 2026 NIL / FY 2025 HKD0.049 per shareHKD thousand | – | 10,600 | PDF p. 111 |
| Final dividend for FY 2025 / FY 2024 HKD0.0388 per shareHKD thousand | 8,393 | 8,393 | PDF p. 111 |
| Total dividends declared and paidHKD thousand | 8,393 | 18,993 | PDF p. 111 |
Original report: PDF p. 111 ↗
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| Metric / unit | 2026Group and Company | 2025Group and Company | Source |
|---|---|---|---|
| Proposed dividends not recognised as liability — Note 10 | |||
| Proposed final dividend for FY 2026 HKD0.018 / FY 2025 HKD0.0388 per shareHKD thousand | 3,813 | 8,393 | PDF p. 111 |
| Proposed special dividend for FY 2026 HKD0.05 / FY 2025 Nil per shareHKD thousand | 10,590 | – | PDF p. 111 |
| Total proposed dividendsHKD thousand | 14,403 | 8,393 | PDF p. 111 |
Original report: PDF p. 111 ↗
Units appear below each metric. Scroll to compare years
| Metric / unit | 2026Group and CompanyNumber of shares | 2025Group and CompanyNumber of shares | Source |
|---|---|---|---|
| Treasury share count movements — Note 28 | |||
| Beginning of yearshares | 36,600 | 36,600 | PDF p. 132 |
| Share buy-backshares | 3,561,100 | – | PDF p. 132 |
| End of yearshares | 3,597,700 | 36,600 | PDF p. 132 |
Original report: PDF p. 132 ↗
Units appear below each metric. Scroll to compare years
| Metric / unit | 2026Group and CompanyAmount | 2025Group and CompanyAmount | Source |
|---|---|---|---|
| Treasury share cost movements — Note 28 | |||
| Beginning of yearHKD thousand | 61 | 61 | PDF p. 132 |
| Share buy-backHKD thousand | 5,568 | – | PDF p. 132 |
| End of yearHKD thousand | 5,629 | 61 | PDF p. 132 |
Original report: PDF p. 132 ↗
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| Metric / unit | 2026Group and Company | 2025Group and Company | Source |
|---|---|---|---|
| Authorised and issued share capital — Note 28 | |||
| Authorised capital — 10, 000, 000, 000 ordinary shares of HKD0.1 eachHKD thousand | 1,000,000 | 1,000,000 | PDF p. 132 |
| Issued and fully paid — 216, 360, 000 ordinary shares of HKD0.1 eachHKD thousand | 21,636 | 21,636 | PDF p. 132 |
Original report: PDF p. 132 ↗
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| Metric / unit | 2026Group | 2025Group | Source |
|---|---|---|---|
| Earnings per share — Note 11 | |||
| Weighted average ordinary shares, excluding treasury sharesshares | 215,876,228 | 216,323,400 | PDF p. 111 |
Original report: PDF p. 111 ↗
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| Metric / unit | 2026Group and Company; paid FY 2025 dividend versus proposedFY 2026 dividends distinguished by row | Source |
|---|---|---|
| Per-share dividends — Note 10 | ||
| Final dividend paid in respect of FY 2025HKD per share | 0.0388 | PDF p. 111 |
| Proposed final dividend for FY 2026HKD per share | 0.018 | PDF p. 111 |
| Proposed special dividend for FY 2026HKD per share | 0.05 | PDF p. 111 |
Original report: PDF p. 111 ↗
Units appear below each metric. Scroll to compare years
| Metric / unit | 2024Group | 2023Group | Source |
|---|---|---|---|
| Group income and comprehensive income | |||
| RevenueHKD thousand | 2,201,995 | 2,039,621 | PDF p. 65 |
| Cost of salesHKD thousand | (2,014,974) | (1,867,065) | PDF p. 65 |
| Gross profitHKD thousand | 187,021 | 172,556 | PDF p. 65 |
| Other income and gains, netHKD thousand | 9,067 | 46,756 | PDF p. 65 |
| Selling and distribution costsHKD thousand | (78,377) | (75,863) | PDF p. 65 |
| Administrative expensesHKD thousand | (78,762) | (78,108) | PDF p. 65 |
| Other expenses, netHKD thousand | (6,118) | (1,369) | PDF p. 65 |
| Finance costsHKD thousand | (11,766) | (10,374) | PDF p. 65 |
| Share of profit of associates, netHKD thousand | 2,938 | 3,353 | PDF p. 65 |
| Profit before taxHKD thousand | 24,003 | 56,951 | PDF p. 65 |
| Income tax expenseHKD thousand | (6,621) | (10,852) | PDF p. 65 |
| Profit for the yearHKD thousand | 17,382 | 46,099 | PDF p. 65 |
| Exchange differences on translation of foreign operationsHKD thousand | (1,048) | (7,880) | PDF p. 65 |
| Share of other comprehensive income of an associateHKD thousand | (70) | (479) | PDF p. 65 |
| Other comprehensive income for the year, net of taxHKD thousand | (1,118) | (8,359) | PDF p. 65 |
| Total comprehensive income for the yearHKD thousand | 16,264 | 37,740 | PDF p. 65 |
| Profit attributable to owners of the CompanyHKD thousand | 19,005 | 46,965 | PDF p. 65 |
| Profit attributable to non-controlling interestsHKD thousand | (1,623) | (866) | PDF p. 65 |
| Total profit attributableHKD thousand | 17,382 | 46,099 | PDF p. 65 |
| Comprehensive income attributable to owners of the CompanyHKD thousand | 17,959 | 38,956 | PDF p. 65 |
| Comprehensive income attributable to non-controlling interestsHKD thousand | (1,695) | (1,216) | PDF p. 65 |
| Total comprehensive income attributableHKD thousand | 16,264 | 37,740 | PDF p. 65 |
Original report: PDF p. 65 ↗
Units appear below each metric. Scroll to compare years
| Metric / unit | 2024Group | 2023Group | Source |
|---|---|---|---|
| Group income and comprehensive income | |||
| Basic and diluted earnings per shareHK cents per share | 8.8 | 21.8 | PDF p. 65 |
Original report: PDF p. 65 ↗
Units appear below each metric. Scroll to compare years
| Metric / unit | 2024Group | 2023Group | 2024Company | 2023Company | Source |
|---|---|---|---|---|---|
| Group and Company assets and current liabilities | |||||
| Property, plant and equipmentHKD thousand | 6,187 | 20,751 | – | – | PDF p. 66 |
| Investment propertiesHKD thousand | – | – | – | – | PDF p. 66 |
| GoodwillHKD thousand | 1,059 | 2,098 | – | – | PDF p. 66 |
| Investment in subsidiariesHKD thousand | – | – | 76,308 | 76,308 | PDF p. 66 |
| Investment in associatesHKD thousand | 7,371 | 7,350 | – | – | PDF p. 66 |
| Deferred tax assetsHKD thousand | 5,142 | 6,212 | – | – | PDF p. 66 |
| Right-of-use assetsHKD thousand | 4,965 | 10,825 | – | – | PDF p. 66 |
| Amount due from an associateHKD thousand | 4,879 | – | – | – | PDF p. 66 |
| Prepayments and other assets — non-currentHKD thousand | 40,252 | 37,136 | – | – | PDF p. 66 |
| Total non-current assetsHKD thousand | 69,855 | 84,372 | 76,308 | 76,308 | PDF p. 66 |
| InventoriesHKD thousand | 248,766 | 258,013 | – | – | PDF p. 66 |
| Trade and bills receivablesHKD thousand | 470,152 | 416,012 | – | – | PDF p. 66 |
| Prepayments, other receivables and other assets — currentHKD thousand | 183,999 | 171,472 | 2 | 2 | PDF p. 66 |
| Amounts due from subsidiariesHKD thousand | – | – | 50,865 | 52,077 | PDF p. 66 |
| Financial asset at fair value through profit or lossHKD thousand | 1,040 | 1,284 | – | – | PDF p. 66 |
| Derivative financial instrumentsHKD thousand | 770 | 8 | – | – | PDF p. 66 |
| Cash and cash equivalentsHKD thousand | 127,206 | 90,071 | 321 | 210 | PDF p. 66 |
| Current assets subtotal excluding held-for-sale assetsHKD thousand | 1,031,933 | 936,860 | 51,188 | 52,289 | PDF p. 66 |
| Assets classified as held for saleHKD thousand | 67,097 | 71,031 | – | – | PDF p. 66 |
| Total current assetsHKD thousand | 1,099,030 | 1,007,891 | 51,188 | 52,289 | PDF p. 66 |
| Trade and bills payablesHKD thousand | 330,882 | 249,750 | – | – | PDF p. 66 |
| Other payables and accrualsHKD thousand | 274,311 | 209,668 | 1,769 | 1,255 | PDF p. 66 |
| Amount due to a subsidiaryHKD thousand | – | – | 1,672 | 2,294 | PDF p. 66 |
| Tax payableHKD thousand | 6,982 | 7,586 | – | – | PDF p. 66 |
| Interest-bearing bank and other borrowingsHKD thousand | 105,553 | 146,443 | – | – | PDF p. 66 |
| Lease liabilities — currentHKD thousand | 2,730 | 9,371 | – | – | PDF p. 66 |
| Current liabilities subtotal excluding held-for-sale liabilitiesHKD thousand | 720,458 | 622,818 | 3,441 | 3,549 | PDF p. 66 |
| Liabilities directly associated with assets classified as held for saleHKD thousand | 1,789 | 1,592 | – | – | PDF p. 66 |
| Total current liabilitiesHKD thousand | 722,247 | 624,410 | 3,441 | 3,549 | PDF p. 66 |
| Net current assetsHKD thousand | 376,783 | 383,481 | 47,747 | 48,740 | PDF p. 66 |
Original report: PDF p. 66 ↗
Units appear below each metric. Scroll to compare years
| Metric / unit | 2024Group | 2023Group | 2024Company | 2023Company | Source |
|---|---|---|---|---|---|
| Group and Company non-current liabilities and equity | |||||
| Deferred tax liabilitiesHKD thousand | 7,241 | 7,058 | – | – | PDF p. 67 |
| Other payables — non-currentHKD thousand | 37,385 | 32,424 | – | – | PDF p. 67 |
| Other borrowings — non-currentHKD thousand | 359 | – | – | – | PDF p. 67 |
| Lease liabilities — non-currentHKD thousand | 1,786 | 1,673 | – | – | PDF p. 67 |
| Total non-current liabilitiesHKD thousand | 46,771 | 41,155 | – | – | PDF p. 67 |
| Net assetsHKD thousand | 399,867 | 426,698 | 124,055 | 125,048 | PDF p. 67 |
| Issued capitalHKD thousand | 21,636 | 21,636 | 21,636 | 21,636 | PDF p. 67 |
| Treasury sharesHKD thousand | (61) | (19) | (61) | (19) | PDF p. 67 |
| ReservesHKD thousand | 385,313 | 410,407 | 102,480 | 103,431 | PDF p. 67 |
| Equity attributable to owners of the CompanyHKD thousand | 406,888 | 432,024 | 124,055 | 125,048 | PDF p. 67 |
| Non-controlling interestsHKD thousand | (7,021) | (5,326) | – | – | PDF p. 67 |
| Total equityHKD thousand | 399,867 | 426,698 | 124,055 | 125,048 | PDF p. 67 |
Original report: PDF p. 67 ↗
Units appear below each metric. Scroll to compare years
| Metric / unit | 2024GroupIssued capital | 2024GroupTreasury shares | 2024GroupShare premium account* | 2024GroupContributed surplus* | 2024GroupLand and buildings revaluation reserve* | 2024GroupGeneral reserve* | 2024GroupOther reserve* | 2024GroupExchange fluctuation reserve* | 2024GroupRetained profits* | 2024GroupOwners subtotal | 2024GroupNon-controlling interests | 2024GroupTotal equity | Source |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group changes in equity FY 2024 | |||||||||||||
| At 1 July 2023HKD thousand | 21,636 | (19) | 48,935 | 898 | 57,810 | 6,150 | (890) | (1,996) | 299,500 | 432,024 | (5,326) | 426,698 | PDF p. 68 |
| Profit for the yearHKD thousand | – | – | – | – | – | – | – | – | 19,005 | 19,005 | (1,623) | 17,382 | PDF p. 68 |
| Exchange differences on translation of foreign operationsHKD thousand | – | – | – | – | – | – | – | (976) | – | (976) | (72) | (1,048) | PDF p. 68 |
| Share of other comprehensive income of an associateHKD thousand | – | – | – | – | – | – | – | (70) | – | (70) | – | (70) | PDF p. 68 |
| Total comprehensive income for the yearHKD thousand | – | – | – | – | – | – | – | (1,046) | 19,005 | 17,959 | (1,695) | 16,264 | PDF p. 68 |
| Share buy-backHKD thousand | – | (42) | – | – | – | – | – | – | – | (42) | – | (42) | PDF p. 68 |
| Final 2023 dividend paidHKD thousand | – | – | – | – | – | – | – | – | (32,452) | (32,452) | – | (32,452) | PDF p. 68 |
| Interim 2024 dividend paidHKD thousand | – | – | – | – | – | – | – | – | (10,601) | (10,601) | – | (10,601) | PDF p. 68 |
| Total contributions by and distributions to ownersHKD thousand | – | (42) | – | – | – | – | – | – | (43,053) | (43,095) | – | (43,095) | PDF p. 68 |
| At 30 June 2024HKD thousand | 21,636 | (61) | 48,935 | 898 | 57,810 | 6,150 | (890) | (3,042) | 275,452 | 406,888 | (7,021) | 399,867 | PDF p. 68 |
Original report: PDF p. 68 ↗
Units appear below each metric. Scroll to compare years
| Metric / unit | 2023GroupIssued capital | 2023GroupTreasury shares | 2023GroupShare premium account* | 2023GroupContributed surplus* | 2023GroupLand and buildings revaluation reserve* | 2023GroupGeneral reserve* | 2023GroupOther reserve* | 2023GroupExchange fluctuation reserve* | 2023GroupRetained profits* | 2023GroupOwners subtotal | 2023GroupNon-controlling interests | 2023GroupTotal equity | Source |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group changes in equity FY 2023 — FY 2024 comparative | |||||||||||||
| At 1 July 2022HKD thousand | 21,476 | (19) | 45,885 | 898 | 57,810 | 6,150 | (890) | 6,013 | 289,125 | 426,448 | (3,498) | 422,950 | PDF p. 69 |
| Profit for the yearHKD thousand | – | – | – | – | – | – | – | – | 46,965 | 46,965 | (866) | 46,099 | PDF p. 69 |
| Exchange differences on translation of foreign operationsHKD thousand | – | – | – | – | – | – | – | (7,530) | – | (7,530) | (350) | (7,880) | PDF p. 69 |
| Share of other comprehensive income of an associateHKD thousand | – | – | – | – | – | – | – | (479) | – | (479) | – | (479) | PDF p. 69 |
| Total comprehensive income for the yearHKD thousand | – | – | – | – | – | – | – | (8,009) | 46,965 | 38,956 | (1,216) | 37,740 | PDF p. 69 |
| Issue of sharesHKD thousand | 160 | – | 3,050 | – | – | – | – | – | – | 3,210 | – | 3,210 | PDF p. 69 |
| Final 2022 dividend paidHKD thousand | – | – | – | – | – | – | – | – | (25,340) | (25,340) | – | (25,340) | PDF p. 69 |
| Interim 2023 dividend paidHKD thousand | – | – | – | – | – | – | – | – | (11,250) | (11,250) | – | (11,250) | PDF p. 69 |
| Dividend payable to a non-controlling shareholderHKD thousand | – | – | – | – | – | – | – | – | – | – | (612) | (612) | PDF p. 69 |
| Total contributions by and distributions to ownersHKD thousand | 160 | – | 3,050 | – | – | – | – | – | (36,590) | (33,380) | (612) | (33,992) | PDF p. 69 |
| At 30 June 2023HKD thousand | 21,636 | (19) | 48,935 | 898 | 57,810 | 6,150 | (890) | (1,996) | 299,500 | 432,024 | (5,326) | 426,698 | PDF p. 69 |
Original report: PDF p. 69 ↗
Units appear below each metric. Scroll to compare years
| Metric / unit | 2024Group | 2023Group | Source |
|---|---|---|---|
| Group operating cashflows | |||
| Profit before taxHKD thousand | 24,003 | 56,951 | PDF p. 70 |
| Bank interest incomeHKD thousand | (651) | (740) | PDF p. 70 |
| Fair value loss on investment propertiesHKD thousand | 3,300 | 1,200 | PDF p. 70 |
| (Reversal of)/write-down of inventories, netHKD thousand | (4,003) | 4,703 | PDF p. 70 |
| Depreciation of property, plant and equipmentHKD thousand | 8,654 | 10,525 | PDF p. 70 |
| Depreciation of right-of-use assetsHKD thousand | 9,828 | 9,786 | PDF p. 70 |
| Fair value gain on derivative financial instrumentsHKD thousand | (762) | (26) | PDF p. 70 |
| Fair value loss on financial asset at fair value through profit or lossHKD thousand | 244 | 161 | PDF p. 70 |
| Reversal of impairment of trade receivablesHKD thousand | (431) | (2,367) | PDF p. 70 |
| Gain on disposal of investment propertiesHKD thousand | – | (1,008) | PDF p. 70 |
| Loss/(gain) on disposal of property, plant and equipmentHKD thousand | 1,536 | (37,809) | PDF p. 70 |
| Gain on deregistration of a subsidiaryHKD thousand | (89) | – | PDF p. 70 |
| Gain on termination of leaseHKD thousand | (17) | – | PDF p. 70 |
| Write-back of long outstanding trade and other payablesHKD thousand | (880) | (1,246) | PDF p. 70 |
| Impairment of goodwillHKD thousand | 1,039 | – | PDF p. 70 |
| Finance costsHKD thousand | 11,766 | 10,374 | PDF p. 70 |
| Share of profit of associates, netHKD thousand | (2,938) | (3,353) | PDF p. 70 |
| Operating cash flows before changes in working capitalHKD thousand | 50,599 | 47,151 | PDF p. 70 |
| InventoriesHKD thousand | 13,218 | (4,102) | PDF p. 70 |
| Trade and bills receivablesHKD thousand | (54,344) | 38,089 | PDF p. 70 |
| Prepayments, other receivables and other assetsHKD thousand | (15,176) | 652 | PDF p. 70 |
| Trade and bills payablesHKD thousand | 81,533 | (25,747) | PDF p. 70 |
| Other payables and accrualsHKD thousand | 70,950 | 8,587 | PDF p. 70 |
| Cash flows from operationsHKD thousand | 146,780 | 64,630 | PDF p. 70 |
| Interest paidHKD thousand | (11,766) | (10,374) | PDF p. 70 |
| Income tax paidHKD thousand | (5,354) | (9,652) | PDF p. 70 |
| Net cash flows from operating activitiesHKD thousand | 129,660 | 44,604 | PDF p. 70 |
Original report: PDF p. 70 ↗
Units appear below each metric. Scroll to compare years
| Metric / unit | 2024Group | 2023Group | Source |
|---|---|---|---|
| Group investing, financing and cash | |||
| Purchase of property, plant and equipmentHKD thousand | (2,080) | (3,785) | PDF p. 71 |
| Proceeds from disposal of property, plant and equipmentHKD thousand | 6,297 | 64,840 | PDF p. 71 |
| Proceeds from disposal of investment propertiesHKD thousand | – | 5,608 | PDF p. 71 |
| Dividend from an associateHKD thousand | 3,084 | 408 | PDF p. 71 |
| Interest receivedHKD thousand | 651 | 740 | PDF p. 71 |
| Investment in an associateHKD thousand | (237) | – | PDF p. 71 |
| Increase in amount due from an associateHKD thousand | (4,879) | – | PDF p. 71 |
| Net cash flows from investing activitiesHKD thousand | 2,836 | 67,811 | PDF p. 71 |
| Share buy-backHKD thousand | (42) | – | PDF p. 71 |
| Proceeds from new bank and other borrowingsHKD thousand | 708,522 | 324,118 | PDF p. 71 |
| Repayment of bank and other borrowingsHKD thousand | (749,436) | (420,731) | PDF p. 71 |
| Payment of principal portion of lease paymentsHKD thousand | (10,086) | (10,073) | PDF p. 71 |
| Dividends paid to owners of the CompanyHKD thousand | (43,053) | (36,590) | PDF p. 71 |
| Dividend paid to non-controlling interestsHKD thousand | (612) | – | PDF p. 71 |
| Net cash flows used in financing activitiesHKD thousand | (94,707) | (143,276) | PDF p. 71 |
| Net increase/(decrease) in cash and cash equivalentsHKD thousand | 37,789 | (30,861) | PDF p. 71 |
| Cash and cash equivalents at beginning of financial yearHKD thousand | 90,071 | 123,751 | PDF p. 71 |
| Cash and cash equivalents included in assets classified as held for saleHKD thousand | 643 | (627) | PDF p. 71 |
| Effect of foreign exchange rate changes, netHKD thousand | (1,297) | (2,192) | PDF p. 71 |
| Cash and cash equivalents at end of financial yearHKD thousand | 127,206 | 90,071 | PDF p. 71 |
Original report: PDF p. 71 ↗
Units appear below each metric. Scroll to compare years
| Metric / unit | 2023Group | 2022Group | Source |
|---|---|---|---|
| Group income and comprehensive income | |||
| RevenueHKD thousand | 2,039,621 | 1,992,562 | PDF p. 63 |
| Cost of salesHKD thousand | (1,867,065) | (1,815,937) | PDF p. 63 |
| Gross profitHKD thousand | 172,556 | 176,625 | PDF p. 63 |
| Other income and gains, netHKD thousand | 46,756 | 18,552 | PDF p. 63 |
| Selling and distribution costsHKD thousand | (75,863) | (68,795) | PDF p. 63 |
| Administrative expensesHKD thousand | (78,108) | (76,839) | PDF p. 63 |
| Other expenses, netHKD thousand | (1,369) | (8,443) | PDF p. 63 |
| Finance costsHKD thousand | (10,374) | (3,169) | PDF p. 63 |
| Share of profit of associates, netHKD thousand | 3,353 | 1,606 | PDF p. 63 |
| Profit before taxHKD thousand | 56,951 | 39,537 | PDF p. 63 |
| Income tax expenseHKD thousand | (10,852) | (20,824) | PDF p. 63 |
| Profit for the yearHKD thousand | 46,099 | 18,713 | PDF p. 63 |
| Exchange differences on translation of foreign operationsHKD thousand | (7,880) | (481) | PDF p. 63 |
| Share of other comprehensive income of an associateHKD thousand | (479) | (384) | PDF p. 63 |
| Other comprehensive income for the year, net of taxHKD thousand | (8,359) | (865) | PDF p. 63 |
| Total comprehensive income for the yearHKD thousand | 37,740 | 17,848 | PDF p. 63 |
| Profit attributable to owners of the CompanyHKD thousand | 46,965 | 20,418 | PDF p. 63 |
| Profit attributable to non-controlling interestsHKD thousand | (866) | (1,705) | PDF p. 63 |
| Total profit attributableHKD thousand | 46,099 | 18,713 | PDF p. 63 |
| Comprehensive income attributable to owners of the CompanyHKD thousand | 38,956 | 19,525 | PDF p. 63 |
| Comprehensive income attributable to non-controlling interestsHKD thousand | (1,216) | (1,677) | PDF p. 63 |
| Total comprehensive income attributableHKD thousand | 37,740 | 17,848 | PDF p. 63 |
Original report: PDF p. 63 ↗
Units appear below each metric. Scroll to compare years
| Metric / unit | 2023Group | 2022Group | Source |
|---|---|---|---|
| Group income and comprehensive income | |||
| Basic and diluted earnings per shareHK cents per share | 21.8 | 9.5 | PDF p. 63 |
Original report: PDF p. 63 ↗
Units appear below each metric. Scroll to compare years
| Metric / unit | 2023Group | 2022Group | Source |
|---|---|---|---|
| Group assets and current liabilities | |||
| Property, plant and equipmentHKD thousand | 20,751 | 56,062 | PDF p. 64 |
| Investment propertiesHKD thousand | – | 4,506 | PDF p. 64 |
| GoodwillHKD thousand | 2,098 | 2,098 | PDF p. 64 |
| Investment in an associateHKD thousand | 7,350 | 4,884 | PDF p. 64 |
| Deferred tax assetsHKD thousand | 6,212 | 7,342 | PDF p. 64 |
| Right-of-use assetsHKD thousand | 10,825 | 20,155 | PDF p. 64 |
| Prepayments and other assets — non-currentHKD thousand | 37,136 | 27,855 | PDF p. 64 |
| Total non-current assetsHKD thousand | 84,372 | 122,902 | PDF p. 64 |
| InventoriesHKD thousand | 258,013 | 258,217 | PDF p. 64 |
| Trade and bills receivablesHKD thousand | 416,012 | 455,061 | PDF p. 64 |
| Prepayments, other receivables and other assets — currentHKD thousand | 171,472 | 182,742 | PDF p. 64 |
| Financial asset at fair value through profit or lossHKD thousand | 1,284 | 1,445 | PDF p. 64 |
| Derivative financial instrumentsHKD thousand | 8 | – | PDF p. 64 |
| Cash and cash equivalentsHKD thousand | 90,071 | 125,265 | PDF p. 64 |
| Current assets subtotal excluding held-for-sale assetsHKD thousand | 936,860 | 1,022,730 | PDF p. 64 |
| Assets classified as held for saleHKD thousand | 71,031 | 71,615 | PDF p. 64 |
| Total current assetsHKD thousand | 1,007,891 | 1,094,345 | PDF p. 64 |
| Trade and bills payablesHKD thousand | 249,750 | 276,827 | PDF p. 64 |
| Other payables and accrualsHKD thousand | 209,668 | 213,173 | PDF p. 64 |
| Tax payableHKD thousand | 7,586 | 8,772 | PDF p. 64 |
| Derivative financial instruments — liabilityHKD thousand | – | 18 | PDF p. 64 |
| Interest-bearing bank and other borrowingsHKD thousand | 146,443 | 244,610 | PDF p. 64 |
| Lease liabilities — currentHKD thousand | 9,371 | 9,923 | PDF p. 64 |
| Current liabilities subtotal excluding held-for-sale liabilitiesHKD thousand | 622,818 | 753,323 | PDF p. 64 |
| Liabilities directly associated with assets classified as held for saleHKD thousand | 1,592 | 2,262 | PDF p. 64 |
| Total current liabilitiesHKD thousand | 624,410 | 755,585 | PDF p. 64 |
| Net current assetsHKD thousand | 383,481 | 338,760 | PDF p. 64 |
Original report: PDF p. 64 ↗
Units appear below each metric. Scroll to compare years
| Metric / unit | 2023Group | 2022Group | Source |
|---|---|---|---|
| Group non-current liabilities and equity | |||
| Deferred tax liabilitiesHKD thousand | 7,058 | 6,925 | PDF p. 65 |
| Other payables — non-currentHKD thousand | 32,424 | 21,140 | PDF p. 65 |
| Other borrowings — non-currentHKD thousand | – | 63 | PDF p. 65 |
| Lease liabilities — non-currentHKD thousand | 1,673 | 10,584 | PDF p. 65 |
| Total non-current liabilitiesHKD thousand | 41,155 | 38,712 | PDF p. 65 |
| Net assetsHKD thousand | 426,698 | 422,950 | PDF p. 65 |
| Issued capitalHKD thousand | 21,636 | 21,476 | PDF p. 65 |
| Treasury sharesHKD thousand | (19) | (19) | PDF p. 65 |
| ReservesHKD thousand | 410,407 | 404,991 | PDF p. 65 |
| Equity attributable to owners of the CompanyHKD thousand | 432,024 | 426,448 | PDF p. 65 |
| Non-controlling interestsHKD thousand | (5,326) | (3,498) | PDF p. 65 |
| Total equityHKD thousand | 426,698 | 422,950 | PDF p. 65 |
Original report: PDF p. 65 ↗
Units appear below each metric. Scroll to compare years
| Metric / unit | 2023GroupIssued capital | 2023GroupTreasury shares | 2023GroupShare premium account* | 2023GroupContributed surplus* | 2023GroupLand and buildings revaluation reserve* | 2023GroupGeneral reserve* | 2023GroupOther reserve* | 2023GroupExchange fluctuation reserve* | 2023GroupRetained profits* | 2023GroupOwners subtotal | 2023GroupNon-controlling interests | 2023GroupTotal equity | Source |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group changes in equity FY 2023 — original | |||||||||||||
| At 1 July 2022HKD thousand | 21,476 | (19) | 45,885 | 898 | 57,810 | 6,150 | (890) | 6,013 | 289,125 | 426,448 | (3,498) | 422,950 | PDF p. 66 |
| Profit for the yearHKD thousand | – | – | – | – | – | – | – | – | 46,965 | 46,965 | (866) | 46,099 | PDF p. 66 |
| Exchange differences on translation of foreign operationsHKD thousand | – | – | – | – | – | – | – | (7,530) | – | (7,530) | (350) | (7,880) | PDF p. 66 |
| Share of other comprehensive income of an associateHKD thousand | – | – | – | – | – | – | – | (479) | – | (479) | – | (479) | PDF p. 66 |
| Total comprehensive income for the yearHKD thousand | – | – | – | – | – | – | – | (8,009) | 46,965 | 38,956 | (1,216) | 37,740 | PDF p. 66 |
| Issue of sharesHKD thousand | 160 | – | 3,050 | – | – | – | – | – | – | 3,210 | – | 3,210 | PDF p. 66 |
| Final 2022 dividend paidHKD thousand | – | – | – | – | – | – | – | – | (25,340) | (25,340) | – | (25,340) | PDF p. 66 |
| Interim 2023 dividend paidHKD thousand | – | – | – | – | – | – | – | – | (11,250) | (11,250) | – | (11,250) | PDF p. 66 |
| Dividend payable to a non-controlling shareholderHKD thousand | – | – | – | – | – | – | – | – | – | – | (612) | (612) | PDF p. 66 |
| Total contributions by and distributions to ownersHKD thousand | 160 | – | 3,050 | – | – | – | – | – | (36,590) | (33,380) | (612) | (33,992) | PDF p. 66 |
| At 30 June 2023HKD thousand | 21,636 | (19) | 48,935 | 898 | 57,810 | 6,150 | (890) | (1,996) | 299,500 | 432,024 | (5,326) | 426,698 | PDF p. 66 |
Original report: PDF p. 66 ↗
Units appear below each metric. Scroll to compare years
| Metric / unit | 2022GroupIssued capital | 2022GroupTreasury shares | 2022GroupShare premium account* | 2022GroupContributed surplus* | 2022GroupLand and buildings revaluation reserve* | 2022GroupGeneral reserve* | 2022GroupOther reserve* | 2022GroupExchange fluctuation reserve* | 2022GroupRetained profits* | 2022GroupOwners subtotal | 2022GroupNon-controlling interests | 2022GroupTotal equity | Source |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group changes in equity FY 2022 | |||||||||||||
| At 1 July 2021HKD thousand | 21,476 | (19) | 45,885 | 898 | 57,810 | 3,435 | (890) | 6,906 | 322,102 | 457,603 | (1,821) | 455,782 | PDF p. 67 |
| Profit for the yearHKD thousand | – | – | – | – | – | – | – | – | 20,418 | 20,418 | (1,705) | 18,713 | PDF p. 67 |
| Exchange differences on translation of foreign operationsHKD thousand | – | – | – | – | – | – | – | (509) | – | (509) | 28 | (481) | PDF p. 67 |
| Share of other comprehensive income of an associateHKD thousand | – | – | – | – | – | – | – | (384) | – | (384) | – | (384) | PDF p. 67 |
| Total comprehensive income for the yearHKD thousand | – | – | – | – | – | – | – | (893) | 20,418 | 19,525 | (1,677) | 17,848 | PDF p. 67 |
| Final 2021 dividend paidHKD thousand | – | – | – | – | – | – | – | – | (23,193) | (23,193) | – | (23,193) | PDF p. 67 |
| Interim 2022 dividend paidHKD thousand | – | – | – | – | – | – | – | – | (27,487) | (27,487) | – | (27,487) | PDF p. 67 |
| Total contributions by and distributions to ownersHKD thousand | – | – | – | – | – | – | – | – | (50,680) | (50,680) | – | (50,680) | PDF p. 67 |
| Transfer between reserves of a subsidiaryHKD thousand | – | – | – | – | – | 2,715 | – | – | (2,715) | – | – | – | PDF p. 67 |
| At 30 June 2022HKD thousand | 21,476 | (19) | 45,885 | 898 | 57,810 | 6,150 | (890) | 6,013 | 289,125 | 426,448 | (3,498) | 422,950 | PDF p. 67 |
Original report: PDF p. 67 ↗
Units appear below each metric. Scroll to compare years
| Metric / unit | 2023Group | 2022Group | Source |
|---|---|---|---|
| Group operating cashflows | |||
| Profit before taxHKD thousand | 56,951 | 39,537 | PDF p. 68 |
| Bank interest incomeHKD thousand | (740) | (396) | PDF p. 68 |
| Fair value loss on investment propertiesHKD thousand | 1,200 | 1,800 | PDF p. 68 |
| Write-down of inventories to net realisable value, netHKD thousand | 4,703 | 9,143 | PDF p. 68 |
| Depreciation of property, plant and equipmentHKD thousand | 10,525 | 10,439 | PDF p. 68 |
| Depreciation of right-of-use assetsHKD thousand | 9,786 | 8,322 | PDF p. 68 |
| Fair value gain on derivative financial instrumentsHKD thousand | (26) | (34) | PDF p. 68 |
| Fair value loss on financial asset at fair value through profit or lossHKD thousand | 161 | (227) | PDF p. 68 |
| (Reversal of)/impairment of trade receivablesHKD thousand | (2,367) | 5,746 | PDF p. 68 |
| Gain on disposal of investment propertiesHKD thousand | (1,008) | (559) | PDF p. 68 |
| Loss/(gain) on disposal of property, plant and equipmentHKD thousand | (37,809) | (9,984) | PDF p. 68 |
| Finance costsHKD thousand | 10,374 | 3,169 | PDF p. 68 |
| Share of profit of associates, netHKD thousand | (3,353) | (1,606) | PDF p. 68 |
| Operating cash flows before changes in working capitalHKD thousand | 48,397 | 65,350 | PDF p. 68 |
| InventoriesHKD thousand | (4,102) | (34,267) | PDF p. 68 |
| Trade and bills receivablesHKD thousand | 38,089 | (9,392) | PDF p. 68 |
| Prepayments, other receivables and other assetsHKD thousand | 652 | (53,240) | PDF p. 68 |
| Trade and bills payablesHKD thousand | (25,747) | (5,779) | PDF p. 68 |
| Other payables and accrualsHKD thousand | 7,341 | 38,058 | PDF p. 68 |
| Cash flows from operationsHKD thousand | 64,630 | 730 | PDF p. 68 |
| Interest paidHKD thousand | (10,374) | (3,169) | PDF p. 68 |
| Income tax paidHKD thousand | (9,652) | (11,264) | PDF p. 68 |
| Net cash flows from operating activitiesHKD thousand | 44,604 | (13,703) | PDF p. 68 |
Original report: PDF p. 68 ↗
Units appear below each metric. Scroll to compare years
| Metric / unit | 2023Group | 2022Group | Source |
|---|---|---|---|
| Group investing, financing and cash | |||
| Purchase of property, plant and equipmentHKD thousand | (3,785) | (21,317) | PDF p. 69 |
| Proceeds from disposal of property, plant and equipmentHKD thousand | 64,840 | 18,067 | PDF p. 69 |
| Proceeds from disposal of investment propertiesHKD thousand | 5,608 | 12,701 | PDF p. 69 |
| Dividend from an associateHKD thousand | 408 | – | PDF p. 69 |
| Interest receivedHKD thousand | 740 | 396 | PDF p. 69 |
| Net cash flows from investing activitiesHKD thousand | 67,811 | 9,847 | PDF p. 69 |
| Proceeds from new bank and other borrowingsHKD thousand | 324,118 | 815,331 | PDF p. 69 |
| Repayment of bank and other borrowingsHKD thousand | (420,731) | (703,081) | PDF p. 69 |
| Payment of principal portion of lease paymentsHKD thousand | (10,073) | (6,595) | PDF p. 69 |
| Dividends paid to owners of the CompanyHKD thousand | (36,590) | (50,680) | PDF p. 69 |
| Net cash flows used in financing activitiesHKD thousand | (143,276) | 54,975 | PDF p. 69 |
| Net increase/(decrease) in cash and cash equivalentsHKD thousand | (30,861) | 51,119 | PDF p. 69 |
| Cash and cash equivalents at beginning of financial yearHKD thousand | 123,751 | 70,713 | PDF p. 69 |
| Cash and cash equivalents included in assets classified as held for saleHKD thousand | (627) | (469) | PDF p. 69 |
| Effect of foreign exchange rate changes, netHKD thousand | (2,192) | 2,388 | PDF p. 69 |
| Cash and cash equivalents at end of financial yearHKD thousand | 90,071 | 123,751 | PDF p. 69 |
| Cash and bank balancesHKD thousand | 90,071 | 125,265 | PDF p. 69 |
| Bank overdraftHKD thousand | – | (1,514) | PDF p. 69 |
| Cash and cash equivalents as stated in cash flowsHKD thousand | 90,071 | 123,751 | PDF p. 69 |
Original report: PDF p. 69 ↗
Units appear below each metric. Scroll to compare years
| Metric / unit | 2023Company | 2022Company | Source |
|---|---|---|---|
| Company financial position | |||
| Investments in subsidiariesHKD thousand | 76,308 | 76,308 | PDF p. 70 |
| PrepaymentsHKD thousand | 2 | 2 | PDF p. 70 |
| Amounts due from subsidiariesHKD thousand | 52,077 | 50,498 | PDF p. 70 |
| Cash and cash equivalentsHKD thousand | 210 | 311 | PDF p. 70 |
| Total current assetsHKD thousand | 52,289 | 50,811 | PDF p. 70 |
| Amount due to a subsidiaryHKD thousand | 2,294 | 2,254 | PDF p. 70 |
| AccrualsHKD thousand | 1,255 | 2,356 | PDF p. 70 |
| Total current liabilitiesHKD thousand | 3,549 | 4,610 | PDF p. 70 |
| Net current assetsHKD thousand | 48,740 | 46,201 | PDF p. 70 |
| Net assetsHKD thousand | 125,048 | 122,509 | PDF p. 70 |
| Issued capitalHKD thousand | 21,636 | 21,476 | PDF p. 70 |
| Treasury sharesHKD thousand | (19) | (19) | PDF p. 70 |
| ReservesHKD thousand | 103,431 | 101,052 | PDF p. 70 |
| Total equityHKD thousand | 125,048 | 122,509 | PDF p. 70 |
Original report: PDF p. 70 ↗
Units appear below each metric. Scroll to compare years
| Metric / unit | 2026Group | 2025Group | 2024Group | 2023Group | 2022Group | Source |
|---|---|---|---|---|---|---|
| Five-year income and adjusted EBITDA summary | ||||||
| RevenueHKD thousand | 2,334,300 | 1,929,544 | 2,201,995 | 2,039,621 | 1,992,562 | PDF p. 147 |
| Cost of salesHKD thousand | (2,151,475) | (1,752,908) | (2,014,974) | (1,867,065) | (1,815,937) | PDF p. 147 |
| Gross profitHKD thousand | 182,825 | 176,636 | 187,021 | 172,556 | 176,625 | PDF p. 147 |
| Other income and gains, netHKD thousand | 10,708 | 10,263 | 9,067 | 46,756 | 18,552 | PDF p. 147 |
| Selling and distribution costsHKD thousand | (74,762) | (76,162) | (78,377) | (75,863) | (68,795) | PDF p. 147 |
| Administrative expensesHKD thousand | (116,428) | (72,969) | (78,762) | (78,108) | (76,839) | PDF p. 147 |
| Other expenses, netHKD thousand | (7,840) | (7,938) | (6,118) | (1,369) | (8,443) | PDF p. 147 |
| Finance costsHKD thousand | (2,489) | (5,716) | (11,766) | (10,374) | (3,169) | PDF p. 147 |
| Share of profits of associatesHKD thousand | – | – | 2,938 | 3,353 | 1,606 | PDF p. 147 |
| (Loss)/profit before taxHKD thousand | (7,986) | 24,114 | 24,003 | 56,951 | 39,537 | PDF p. 147 |
| Income tax expenseHKD thousand | (10,892) | (7,548) | (6,621) | (10,852) | (20,824) | PDF p. 147 |
| (Loss)/profit for the yearHKD thousand | (18,878) | 16,566 | 17,382 | 46,099 | 18,713 | PDF p. 147 |
| (Loss)/profit attributable to owners of the CompanyHKD thousand | (22,594) | 19,151 | 19,005 | 46,965 | 20,418 | PDF p. 147 |
| (Loss)/profit attributable to non-controlling interestsHKD thousand | 3,716 | (2,585) | (1,623) | (866) | (1,705) | PDF p. 147 |
| Total (loss)/profit attributableHKD thousand | (18,878) | 16,566 | 17,382 | 46,099 | 18,713 | PDF p. 147 |
| Adjusted EBITDA — non-IFRS, see report definitionHKD thousand | 47,876 | 45,674 | 58,868 | 52,624 | 52,067 | PDF p. 147 |
Original report: PDF p. 147 ↗
Units appear below each metric. Scroll to compare years
| Metric / unit | 2026Group | 2025Group | 2024Group | 2023Group | 2022Group | Source |
|---|---|---|---|---|---|---|
| Five-year financial position and turnover summary | ||||||
| Non-current assetsHKD thousand | 68,424 | 53,111 | 69,855 | 84,372 | 122,902 | PDF p. 148 |
| Current assetsHKD thousand | 939,365 | 1,003,727 | 1,099,030 | 1,007,891 | 1,094,345 | PDF p. 148 |
| Current liabilities — presented as deductionsHKD thousand | (609,337) | (624,569) | (722,247) | (624,410) | (755,585) | PDF p. 148 |
| Net current assetsHKD thousand | 330,028 | 379,158 | 376,783 | 383,481 | 338,760 | PDF p. 148 |
| Non-current liabilities — presented as deductionsHKD thousand | (26,657) | (31,851) | (46,771) | (41,155) | (38,712) | PDF p. 148 |
| Net assetsHKD thousand | 371,795 | 400,418 | 399,867 | 426,698 | 422,950 | PDF p. 148 |
| Equity attributable to owners of the CompanyHKD thousand | 377,848 | 410,046 | 406,888 | 432,024 | 426,448 | PDF p. 148 |
| Non-controlling interestsHKD thousand | (6,053) | (9,628) | (7,021) | (5,326) | (3,498) | PDF p. 148 |
| Total equityHKD thousand | 371,795 | 400,418 | 399,867 | 426,698 | 422,950 | PDF p. 148 |
| Debtors turnover daysdays | 64.5 | 81.0 | 73.4 | 77.9 | 83.2 | PDF p. 148 |
| Creditors turnover daysdays | 49.8 | 62.4 | 54.0 | 54.7 | 54.8 | PDF p. 148 |
| Inventories turnover daysdays | 53.0 | 67.6 | 55.3 | 50.5 | 49.5 | PDF p. 148 |
Original report: PDF p. 148 ↗
Units appear below each metric. Scroll to compare years
| Metric / unit | 2025Group — held-for-sale Compusmart | Source |
|---|---|---|
| Held-for-sale assets and liabilities — Note 24 | ||
| Property, plant and equipmentHKD thousand | 66,088 | PDF p. 127 |
| Prepayments, deposits and other receivablesHKD thousand | 287 | PDF p. 127 |
| Cash and cash equivalentsHKD thousand | 417 | PDF p. 127 |
| Total assets classified as held for saleHKD thousand | 66,792 | PDF p. 127 |
| Other payables and accrualsHKD thousand | 93 | PDF p. 127 |
| Tax payableHKD thousand | 286 | PDF p. 127 |
| Deferred tax liabilitiesHKD thousand | 1,354 | PDF p. 127 |
| Total liabilities associated with held-for-sale assetsHKD thousand | 1,733 | PDF p. 127 |
| Net assetsHKD thousand | 65,059 | PDF p. 127 |
Original report: PDF p. 127 ↗
Units appear below each metric. Scroll to compare years
| Metric / unit | 2025CompanyShare premium account | 2025CompanyContributed surplus | 2025CompanyRetained profits | 2025CompanyTotal Company reserves | Source |
|---|---|---|---|---|---|
| Company reserve movements FY 2025 — Note 30 | |||||
| At 1 July 2024HKD thousand | 48,935 | 36,311 | 17,234 | 102,480 | PDF p. 135 |
| Profit and total comprehensive income for FY 2025HKD thousand | – | – | 19,134 | 19,134 | PDF p. 135 |
| Dividends paid in FY 2025HKD thousand | – | – | (18,993) | (18,993) | PDF p. 135 |
| At 30 June 2025 and 1 July 2025HKD thousand | 48,935 | 36,311 | 17,375 | 102,621 | PDF p. 135 |
Original report: PDF p. 135 ↗
Units appear below each metric. Scroll to compare years
| Metric / unit | 2026CompanyShare premium account | 2026CompanyContributed surplus | 2026CompanyRetained profits | 2026CompanyTotal Company reserves | Source |
|---|---|---|---|---|---|
| Company reserve movements FY 2026 — Note 30 | |||||
| At 30 June 2025 and 1 July 2025HKD thousand | 48,935 | 36,311 | 17,375 | 102,621 | PDF p. 135 |
| Profit and total comprehensive income for FY 2026HKD thousand | – | – | 5,944 | 5,944 | PDF p. 135 |
| Dividend paid in FY 2026HKD thousand | – | – | (8,393) | (8,393) | PDF p. 135 |
| At 30 June 2026HKD thousand | 48,935 | 36,311 | 14,926 | 100,172 | PDF p. 135 |
Original report: PDF p. 135 ↗
Where the money comes from
| Item / unit | 2026Components Distribution | 2026IT Infrastructure | 2026Others | 2026Total | Source |
|---|---|---|---|---|---|
| Business segments 2026 | |||||
| Segment revenueHK$'000 | 325,885 | 1,870,322 | 138,093 | 2,334,300 | PDF p. 99 |
| Segment resultsHK$'000 | (3,049) | 30,033 | 3,219 | 30,203 | PDF p. 99 |
| Segment assetsHK$'000 | 145,209 | 702,392 | 11,879 | 859,480 | PDF p. 99 |
Segment performance is evaluated on reportable segment results, a measure of adjusted profit before tax. Reconciliation to Group loss before tax (7,986), loss for the year (18,878) and total assets 1,007,789 is printed but not tabulated here. No material intersegment sales.
| Item / unit | 2026Components Distribution | 2026IT Infrastructure | 2026Others | 2026Total | Source |
|---|---|---|---|---|---|
| Business segments 2026 | |||||
| Segment liabilitiesHK$'000 | 31,068 | 504,439 | 1,835 | 537,342 | PDF p. 100 |
| Other segment information | |||||
| Reversal of write down of inventoriesHK$'000 | (1,040) | (559) | (1,533) | (3,132) | PDF p. 100 |
| Allowance for ECL on trade receivablesHK$'000 | 493 | 2,798 | 1 | 3,292 | PDF p. 100 |
| Impairment of advances to supplierHK$'000 | 3,345 | – | – | 3,345 | PDF p. 100 |
| Write-back of long outstanding trade and other payablesHK$'000 | – | (2,258) | – | (2,258) | PDF p. 100 |
| Depreciation of property, plant and equipment (Karin Building)*HK$'000 | 768 | 4,410 | 326 | 5,504 | PDF p. 100 |
| Depreciation of property, plant and equipment (other than Karin Building)HK$'000 | 204 | 1,171 | 86 | 1,461 | PDF p. 100 |
| Depreciation of right-of-use assetsHK$'000 | 1,349 | 7,740 | 572 | 9,661 | PDF p. 100 |
| Capital expenditureHK$'000 | – | – | – | 330 | PDF p. 100 |
* The depreciation of Karin Building and related building assets are allocated to each segment according to segment revenue.
Segment liabilities exclude tax payable, borrowings, deferred tax liabilities and unallocated liabilities; total liabilities 635,994 after reconciliation. Capital expenditure printed only as a Total.
| Item / unit | 2025Components Distribution | 2025IT Infrastructure | 2025Others | 2025Total | Source |
|---|---|---|---|---|---|
| Business segments 2025 | |||||
| Segment revenueHK$'000 | 344,347 | 1,439,711 | 145,486 | 1,929,544 | PDF p. 101 |
| Segment resultsHK$'000 | (6,553) | 43,140 | (1,612) | 34,975 | PDF p. 101 |
| Segment assetsHK$'000 | 138,981 | 641,746 | 36,344 | 817,071 | PDF p. 101 |
Reconciliation to Group profit before tax 24,114, profit for the year 16,566 and total assets 1,056,838 is printed but not tabulated here.
| Item / unit | 2025Components Distribution | 2025IT Infrastructure | 2025Others | 2025Total | Source |
|---|---|---|---|---|---|
| Business segments 2025 | |||||
| Segment liabilitiesHK$'000 | 31,425 | 480,795 | 31,740 | 543,960 | PDF p. 102 |
| Other segment information | |||||
| Write-down/(reversal of write-down) of inventoriesHK$'000 | 276 | (3,148) | (199) | (3,071) | PDF p. 102 |
| Allowance/(reversal of allowance) for ECL on trade receivablesHK$'000 | 74 | (1,190) | (17) | (1,133) | PDF p. 102 |
| Write-back of long outstanding trade and other payablesHK$'000 | – | (2,305) | – | (2,305) | PDF p. 102 |
| Depreciation of property, plant and equipment (other than Karin Building)HK$'000 | 593 | 2,480 | 251 | 3,324 | PDF p. 102 |
| Depreciation of right-of-use assetsHK$'000 | 1,743 | 7,286 | 736 | 9,765 | PDF p. 102 |
| Capital expenditureHK$'000 | – | – | – | 1,846 | PDF p. 102 |
Total liabilities after reconciliation 656,420. Capital expenditure printed only as a Total.
| Item / unit | 2026Hong Kong | 2026Mainland China | 2026Others | 2026Total | 2025Hong Kong | 2025Mainland China | 2025Others | 2025Total | Source |
|---|---|---|---|---|---|---|---|---|---|
| Geographical information | |||||||||
| Segment revenueHK$'000 | 1,875,616 | 177,059 | 281,625 | 2,334,300 | 1,527,968 | 243,441 | 158,135 | 1,929,544 | PDF p. 103 |
| Non-current assetsHK$'000 | 60,934 | 2,749 | 462 | 64,145 | 44,707 | 3,839 | 302 | 48,848 | PDF p. 103 |
The revenue information is based on the location of the customers.
The non-current assets information is based on the location of assets and excludes deferred tax assets.
The Group did not have a single external customer from whom the revenue derived amounted to 10% or more of the Group's revenue during the year (2025: Nil).
Revenue based on location of customers; non-current assets based on location of assets, excluding deferred tax assets.
Debt
| Item / unit | 2026On demand | 2026Less than 3 months | 20263 to less than 12 months | 20261 to 5 years | 2026Total | 2025On demand | 2025Less than 3 months | 20253 to less than 12 months | 20251 to 5 years | 2025Total | Source |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Interest-bearing bank andHK$'000 | – | 46,036 | – | – | 46,036 | – | 57,415 | – | – | 57,415 | PDF p. 145 |
| Lease liabilitiesHK$'000 | – | 2,357 | 6,153 | 1,448 | 9,958 | – | 2,488 | 7,310 | 9,181 | 18,979 | PDF p. 145 |
The maturity profile of the Group’s financial liabilities at the end of the reporting period, based on the contractual undiscounted payments. No 'after five years' column printed.
Same table as 2026, comparative year block.
| Item / unit | 2026HK$'000, current/non-current (maturity year shown in notes) | 2025HK$'000, current/non-current (maturity year shown in notes) | Source |
|---|---|---|---|
| Current | |||
| Lease liabilities (Note 14(b))HK$'000 | 98 | 92 | PDF p. 130 |
| Bank loans, unsecuredHK$'000 | 46,036 | 57,415 | PDF p. 130 |
| Current total | |||
| 46,134 57,507HK$'000 | 46,134 | 57,507 | PDF p. 130 |
| Non-current | |||
| Lease liabilities (Note 14(b))HK$'000 | 168 | 267 | PDF p. 130 |
Maturity printed: 2026 column: lease liabilities current 2027, bank loans 2027, non-current lease liabilities 2028-2029; 2025 column: current 2026, non-current 2027-2029.
The Group’s bank loans bear interest at floating rates ranging from 1.3% to 4.7% (2025: 1.3% to 5.0%) per annum.
At 30 June 2026, bank borrowings of HK$46,036,000 (2025: HK$57,415,000) were guaranteed by the Company and certain subsidiaries.
Bank loans are labelled unsecured; no secured borrowings line printed. Currency HK$'000; no currency split of borrowings printed.
No non-current subtotal printed.
| Item / unit | 2026Group | 2025Group | Source |
|---|---|---|---|
| Lease liabilities | |||
| – CurrentHK$'000 | 8,099 | 8,890 | PDF p. 116 |
| – Non-currentHK$'000 | 1,259 | 8,629 | PDF p. 116 |
| Other | |||
| Other borrowings (Note 26)HK$'000 | 266 | 359 | PDF p. 116 |
| Movement | |||
| Carrying amount at end of financial yearHK$'000 | 9,624 | 17,878 | PDF p. 116 |
Lease liabilities total 9,358 (2026) and 17,519 (2025); the carrying amount includes lease liabilities under interest-bearing bank and other borrowings and other borrowings.
The maturity analysis of lease liabilities is disclosed in Note 35 to the financial statements.
| Item / unit | 2026Group | 2025Group | Source |
|---|---|---|---|
| Capital management | |||
| Interest-bearing bank and other borrowingsHK$'000 | 46,302 | 57,774 | PDF p. 146 |
| Gearing ratioratio | 0.12 | 0.14 | PDF p. 146 |
Gearing ratio is interest-bearing bank and other borrowings divided by the total equity.
Payout
| Item | Value | Period / scope | Source |
|---|---|---|---|
| Provision 11.6 – Dividend policy | When considering dividend payments, the Company evaluates factors such as its current cash position, future cash requirements, profitability, retained earnings, and business outlook. Adopting a fixed dividend policy could compromise its financial stability during adverse market conditions, so the Company has chosen not to implement one. Nevertheless, it has consistently paid dividends annually since its public listing in 2005. | Company | PDF p. 56 |
| Item | Value | Period / scope | Source |
|---|---|---|---|
| Final dividend for 2026 | HK$0.018 | Group and Company; proposed, FY2026 (year ended 30 June 2026), tax-exempt; subject to AGM approval; comparative 2025 proposed HK$0.0388 | PDF p. 111 |
| Special dividend for 2026 | HK$0.05 | Group and Company; proposed, FY2026, tax-exempt; subject to AGM approval; comparative 2025: Nil | PDF p. 111 |
| Interim dividend for 2026 | NIL | Group and Company; FY2026; comparative 2025: HK$0.049 per share (HK$10,600 thousand) | PDF p. 111 |
| Final dividend for 2025 | HK$0.0388 | Group and Company; declared and paid during FY2026; comparative 2024 final: HK$0.0388 | PDF p. 111 |
| The Proposed Dividends | 11 November 2026 | Proposed final and special dividends FY2026 | PDF p. 160 |
Extracted from Karin Annual Report 2026 and checked against the cited pages; see the original report for full context.
Auditor’s report
| Item | Value | Period / scope | Source |
|---|---|---|---|
| Ernst & Young LLP | Ernst & Young LLP | Group | PDF p. 67 |
| Engagement partner | Lim Tze Yuen | Group | PDF p. 67 |
| OPINION | In our opinion, the consolidated financial statements of the Group and the statement of financial position of the Company are properly drawn up in accordance with IFRS Accounting Standards | Group and Company | PDF p. 64 |
| Item | Value | Period / scope | Source |
|---|---|---|---|
| ALLOWANCE FOR EXPECTED CREDIT LOSSES ON TRADE RECEIVABLES | As this assessment requires significant management judgment, we determined this to be a key audit matter. | Group | PDF p. 65 |
| PROVISION FOR OBSOLETE AND SLOW-MOVING INVENTORIES | As such, we determined this to be a key audit matter. | Group | PDF p. 65 |
Extracted from Karin Annual Report 2026 and checked against the cited pages; see the original report for full context.
Group and parent company or bank figures are labelled separately. Parentheses indicate negative amounts; a dash and NA retain the report’s notation.
Comparative figures follow Karin Annual Report 2026, including retrospective adjustments. Adjusted and reported earnings may have different definitions; refer to each statement’s notes.
Amounts are HKD thousands, except EPS in HK cents, dividends per share in HKD, share counts in shares and turnover ratios in days. Group and Company scopes remain separate. FY2022–FY2026 original comparisons are preserved.
FY2023 cash flow in the FY2024 comparative separately presents HKD 1,246 thousand payable write-back in adjustments, offset by the working-capital movement; total CFO is unchanged. FY2022 cash flow cash equivalents deduct HKD 1,514 thousand overdraft from HKD 125,265 thousand cash and bank balances.
FY2026 share buy-back cost of HKD 5,568 thousand comprises HKD 5,247 thousand cash paid plus HKD 321 thousand payable at year end. Paid dividends are separate from proposed final HKD 0.018 and special HKD 0.05 per share, which are subject to approval and not recognised as year-end liabilities.
The five-year summary is stated to be outside the audited financial statements. Adjusted EBITDA is a non-IFRS indicator with the original definition preserved. Starred equity headings identify reserve components, not small-amount thresholds.
Company profit and comprehensive income from Note30 are HKD 5,944 thousand for FY2026 and HKD 19,134 thousand for FY2025. Note24 reports Karin Building moved from held-for-sale back to PPE on 31 December 2025, with HKD 40,791 thousand depreciation as a non-cash accounting adjustment.
These tables show the available extracted figures. The original annual report contains the full statements, notes and definitions.