高山企业截至2023年9月30日止六个月之中期业绩报告

CORPORATE INFORMATIONFINANCIAL HIGHLIGHTSMANAGEMENT DISCUSSION AND ANALYSISDISCLOSURE OF INTERESTSCORPORATE GOVERNANCE AND OTHER INFORMATIONCONDENSED CONSOLIDATED STATEMENT OF PROFITOR LOSS AND OTHER COMPREHENSIVE INCOMECONDENSED CONSOLIDATED STATEMENT OFFINANCIAL POSITIONCONDENSED CONSOLIDATED STATEMENT OFCHANGES IN EQUITYCONDENSED CONSOLIDATED STATEMENT OFCASH FLOWSNOTES TO THE CONDENSED CONSOLIDATEDFINANCIAL STATEMENTS25741475559616467 Eminence Enterprise Limited2023/2024 Interim Report Corporate Information BOARD OF DIRECTORS Executive Directors Mr. Lai Law Kau(Chairman and Chief Executive Officer)Ms. Lui Yuk Chu(Deputy Chairman)Mr. Kwong Jimmy Cheung Tim Independent Non-executive DirectorsMr. Kan Ka HonMr. Lau Sin MingMr. Wu Koon Yin Welly BOARD COMMITTEES Audit Committee Mr. Kan Ka Hon(Chairman)Mr. Lau Sin MingMr. Wu Koon Yin Welly Remuneration Committee Mr. Lau Sin Ming(Chairman)Mr. Kan Ka HonMr. Wu Koon Yin WellyMr. Lai Law Kau Nomination Committee Mr. Wu Koon Yin Welly(Chairman)Mr. Kan Ka HonMr. Lau Sin MingMr. Lai Law Kau Executive CommitteeMr. Lai Law Kau(Chairman) Ms. Lui Yuk ChuMr. Kwong Jimmy Cheung Tim COMPANY SECRETARYMr. Lee Po Wing AUTHORIZED REPRESENTATIVESMr. Kwong Jimmy Cheung TimMs. Lui Yuk Chu AUDITOR •8835 Deloitte Touche TohmatsuCertified Public AccountantsRegistered Public Interest Entity Auditor35/F One Pacific Place88 QueenswayHong Kong David Norman & Co. LEGAL ADVISERS As to Hong Kong law:David Norman & Co. As to Bermuda law:Conyers Dill & Pearman PRINCIPAL BANKERHang Seng Bank Limited REGISTERED OFFICE Clarendon House2 Church StreetHamilton HM 11Bermuda Clarendon House2 Church StreetHamilton HM 11Bermuda Eminence Enterprise Limited2023/2024 Interim Report Corporate Information PRINCIPAL PLACE OF BUSINESS Block A, 7th FloorHong Kong Spinners Building, Phase 6481–483 Castle Peak RoadCheung Sha Wan, KowloonHong Kong 481–48367A BERMUDA PRINCIPAL SHAREREGISTRAR AND TRANSFER OFFICE MUFG Fund Services (Bermuda) Limited4th Floor North Cedar House41 Cedar AvenueHamilton HM 12Bermuda MUFG Fund Services (Bermuda) Limited4th Floor North Cedar House41 Cedar AvenueHamilton HM 12Bermuda HONG KONG BRANCH SHAREREGISTRAR AND TRANSFER OFFICE 1617 Tricor Secretaries Limited17/F., Far East Finance Centre16 Harcourt RoadHong Kong 616 STOCK CODE Hong Kong Stock Exchange (Main Board): 616 www.eminence-enterprise.com WEBSITE ADDRESSwww.eminence-enterprise.com Eminence Enterprise Limited2023/2024 Interim Report Financial Highlights ASSETS AND LIABILITIES Total assetsTotal liabilitiesEquity attributable to ownersof the Company Management Discussion and Analysis 2023930 The board (the “Board”) of directors (the“Director(s)”) of Eminence Enterprise Limited(the “Company”) is pleased to announce theunaudited condensed consolidated interimresults of the Company and its subsidiaries(collectively, the “Group”) for the six monthsended 30 September 2023 (the “Period”)together with comparative figures. These interimresults have been reviewed by the Company’saudit committee (the “Audit Committee”). INTERIM RESULTS 158,263,0002 0 2 22 0 2 263,412,000149,150,000202253,680,0009,113,00020229,732,000(i)(ii)(iii)(iv)(v) The Group’s unaudited consolidated lossattributable to shareholders of the Company(t h e “S h a r e h o l d e r s”) f o r t h e P e r i o d w a sapproximately HK$158,263,000 as compared toprofit of approximately HK$63,412,000 for thecorresponding period in 2022 (“2022 Period”).The unaudited consolidated loss from continuingoperations for the Period was approximatelyHK$149,150,000 as compared with 2022 Periodof profit of approximately HK$53,680,000. Theunaudited consolidated loss from discontinuedoperation for the Period was approximatelyHK$9,113,000, as compared with 2022 Periodof profit of approximately HK$9,732,000. Theconsolidated net loss was mainly attributableto, among other things, (i) decrease in revenue;(ii) increase in loss on changes in fair value ofinvestment properties; (iii) increase in write-down on properties held for development forsale; and (iv) increase in finance costs. Such losswas partially offset by (v) increase in net gain onchanges in fair value of financial assets at fairvalue through profit or loss. 2.282.2820222.011.79 The basic and diluted loss per share fromcontinuing and discontinued operations forthe Period were approximately HK$2.28 andHK$2.28 (2022 Period basic and diluted earningsper share: approximately HK$2.01 and HK$1.79)respectively. Management Discussion and Analysis INTERIM DIVIDEND 2022 The Board does not recommend the payment ofan interim dividend for the Period (2022 Period:nil). BUSINESS REVIEW During the Period, the Group was principallyengaged in property development, propertyinvestment (comprising ownership and rental ofinvestment properties), investment in securitiesand others and loan financing business whichproperty development and property investmentare the core businesses of the Group. The re