朗华国际集团二零二三年中期业绩报告

2023Interim Report GEM CHARACTERISTICS OF GEM OF THE STOCKEXCHANGEOF HONG KONG LIMITED(THE“STOCK EXCHANGE”) GEM GEM has been positioned as a market designedto accommodate small and mid-sized companiest ow h i c h a h i g h e r i n v e s t m e n t r i s k m a y b eat tachedthan other companies listed on theStock Exchange. Prospective investors should beaware of the potential risks of investing in suchcompanies and should make the decision to investonly after due and careful consideration. GEMGEMGEM Giventhat the companies listed on GEM aregenerally small and mid-sized companies, there isa risk that securities traded on GEM may be moresusceptible to high market volatility than securitiestraded on the Main Board of the Stock Exchangeand no assurance is given that there will be a liquidmarket in the securities traded on GEM. GEMGEM This report, for which the directors (the “Directors”) ofChina Brilliant Global Limited (the “Company”) collectivelyandindividually accept full responsibility,includesparticulars given in compliance with the Rules Governingthe Listing of Securities on GEM of the Stock Exchange(the“GEM Listing Rules”)for the purpose of givinginformation with regard to the Company. The Directors,having made all reasonable enquiries, confirm that tothe best of their knowledge and belief the informationcontained in this report is accurate and complete in allmaterial respects and not misleading or deceptive, andthere are no other matters the omission of which wouldmake any statement herein or this report misleading. HIGHLIGHTS 34,138,00020.3% •Revenueof the Group for the six monthsended30 September 2023 amounted toapproximately HK$34,138,000, representing adecrease of approximately 20.3% as comparedto the corresponding period of the previousfinancial year. 1,410,000457,000 •The Group’s gross profit for the six monthsended 30 September 2023 was approximatelyHK$1,410,000,decreased by approximatelyHK$457,000as compared with the sameperiod of the last financial year. •Loss attributable to owners of the Companyfor the six months ended 30 September 2023amountedto approximately HK$19,877,000(for the six months ended 30 September 2022:HK$22,500,000). •The Board does not recommend the paymentofany interim dividend for the six monthsended 30 September 2023. CONDENSED CONSOLIDATED STATEMENTOF PROFIT OR LOSS AND OTHERCOMPREHENSIVE INCOME For the six months ended 30 September 2023 The board of Directors (the “Board”) of the Companyannounces the unaudited consolidated results of theCompany and its subsidiaries (the “Group”) for the sixmonths ended 30 September 2023 together with theunaudited comparative figures for the correspondingperiods in 2022 as follows: CONDENSED CONSOLIDATED STATEMENT OFFINANCIAL POSITIONAs at 30 September 2023 CONDENSED CONSOLIDATED STATEMENT OFCHANGES IN EQUITY For the six months ended 30 September 2023 CONDENSED CONSOLIDATED STATEMENT OFCHANGES IN EQUITY(Continued) Notes: (a)Share premium account Under the Companies Law (2001 Revision) of the CaymanIslands, the share premium account of the Company isdistributable to its shareholders provided that immediatelyfollowing the date on which the dividend is proposed to bedistributed, the Company will be in a position to pay off itsdebts as they fall due in the ordinary course of business. (b) (b)Foreign currency translation reserve Foreign currency translation reserve represents exchangedifferences relating to the translation of the net assetsof the Group’s foreign operations from their functionalcurrencies to the Group’s presentation currency (i.e. HongKong dollar (“HK$”)) which are recognised directly in othercomprehensive income and accumulated in the foreigncurrency translation reserve. Such exchange differencesaccumulated in the foreign currency translation reserveare reclassified to profit or loss on the disposal of theforeign operations. (c) (c)Share option reserve The share option reserve comprises the fair value ofshare options granted which are yet to be exercised.The amount will be transferred to the share premiumaccount when the related options are exercised, and willbe transferred to accumulated losses should the relatedoptions expire or be forfeited. (d) (d)Capital contribution reserve Capitalcontribution reser ve represents Mr.ZhangChunhua, a director and substantial shareholder of theCompany, had accepted a promissory note issued by theCompany with terms of promissory note in favor to theGroup. For the six months ended 30 September 2023 Notes: 1. 1.ORGANISATION AND PRINCIPAL ACTIVITY Century Yard, CricketSquare, Hutchins Drive, P.O. Box2681, Grand Cayman KY1-1111, theCayman IslandsBGEM The Company is a limited liability company incorporatedin the Cayman Islands. The address of its registered officeis Century Yard, Cricket Square, Hutchins Drive, P.O. Box2681, Grand Cayman KY1-1111, the Cayman Islands. Theaddress of its principal place of business in Hong Kongis Flat B, 9/F., 9 Des Voeux Road We