文化传信2023/2024 年报

2023/2024Annual Report年報 CONTENTS目錄CORPORATE INFORMATION2CHAIRMAN’S STATEMENT5MANAGEMENT DISCUSSION AND ANALYSIS12DIRECTORS’ REPORT25CORPORATE GOVERNANCE REPORT52INDEPENDENT AUDITOR’S REPORT73CONSOLIDATED STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME82CONSOLIDATED STATEMENT OF FINANCIAL POSITION85CONSOLIDATED STATEMENT OF CHANGES IN EQUITY88CONSOLIDATED STATEMENT OF CASH FLOWS91NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS95FINANCIAL SUMMARY299 CORPORATE INFORMATION公司資料 EXECUTIVE DIRECTORS Mr. Kwan Kin Chung(Managing Director)Mr. Yuen Kin(resigned on 6 May 2024) NON-EXECUTIVE DIRECTORS Mr. Wong Kon Man Jason(Chairman)Dr. Liu Ka Ying Rebecca(Vice Chairman) INDEPENDENT NON-EXECUTIVEDIRECTORS Mr. Wong Kwan KitMr. Fan Chun Wah Andrew(resigned on 6 May 2024)Mr. Mung Yat Lik CHIEF EXECUTIVE OFFICER Dr. Liu Hin Wang Leris COMPANY SECRETARY Ms. Lee Yuk Ping CORPORATE GOVERNANCECOMMITTEE Mr. Kwan Kin ChungMr. Wong Kon Man JasonMr. Yue Chi Wing AUDIT COMMITTEE Mr. Wong Kwan KitMr. Fan Chun Wah Andrew(resigned on 6 May 2024)Mr. Mung Yat LikMr. Wong Kon Man Jason(appointed on 6 May 2024) REMUNERATION COMMITTEE Mr. Wong Kwan KitMr. Mung Yat Lik(appointed on 6 May 2024)Mr. Fan Chun Wah Andrew(resigned on 6 May 2024)Mr. Kwan Kin Chung CORPORATE INFORMATION公司資料 NOMINATION COMMITTEE Mr. Kwan Kin ChungMr. Fan Chun Wah Andrew(resigned on 6 May 2024)Mr. Wong Kwan KitMr. Mung Yai Lik(appointed on 6 May 2024) PRINCIPAL BANKERS The Hongkong and Shanghai BankingCorporation Limited SOLICITORS Michael Li & Co.Appleby Appleby AUDITOR Gary Cheng CPA LimitedCertified Public Accountants12th Floor, Elite Centre,22 Hung To Road,Kwun Tong, KowloonHong Kong 2212 REGISTERED OFFICE Victoria Place, 5th Floor31 Victoria StreetHamilton HM 10Bermuda Victoria Place, 5th Floor31 Victoria StreetHamilton HM 10Bermuda PRINCIPAL OFFICE Suite 1502, 15/F,Far East Finance Centre,16 Harcourt Road, AdmiraltyHong Kong 16151502 PRINCIPAL REGISTRAR 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 CORPORATE INFORMATION公司資料 BRANCH REGISTRAR Computershare Hong Kong InvestorServices LimitedShops 1712-1716, 17th FloorHopewell Centre183 Queen’s Road EastWan ChaiHong Kong 183171712-1716 COMPANY WEBSITE www.culturecom.com.hk www.culturecom.com.hk STOCK CODE 343343 CHAIRMAN’S STATEMENT主席報告書 RESULTS 20,158,00030,600,00015,104,00011,983,0002,597,00015,328,0002,457,0003,289,00020,782,00037,223,0001.22.2 The consolidated turnover of the Companyand its subsidiaries for the year ended 31M a r c h2 0 2 4 a m o u n t e d t o H K $ 2 0 , 1 5 8 , 0 0 0(2023: HK$30,600,000) of which HK$15,104,000(2023:H K $11,983,000)w a s a t t r i b u t a b l e t othe business of publishing and intellectualproperties (IPs) licensing; HK$2,597,000 (2023:H K $15,328,000) w a s a t t r i b u t a b l e t o d i g i t a lmarketing; HK$2,457,000 (2023: HK$3,289,000)was attributable to retailing and wholesalesbusiness. Loss for the year attributable to equityholders, taking into account of taxation, wasHK$20,782,000 (2023: HK$37,223,000). The lossper share was HK1.2 cents (2023: HK2.2 cents). FINAL DIVIDEND The Board of Directors has resolved not todeclare any final dividend for the year ended 31March 2024 (2023: nil). BUSINESS REVIEW The overall economy needs time to recovera f t e rt h e C o v i d - 1 9 p a n d e m i c ,t h e G r o u pcontinued to face a rather challenging year.While business seems picking up gradually inthe People’s Republic of China (the “PRC”),c o n s u m e rs p e n d i n g p a t t e r n i s c h a n g i n gand overall business activities are still weakneeding further stimulus to maintain a steadygrowth trend. Against such acute business andeconomic environment, the Group’s focus onconserving resources, restructuring operations,and taking actions to control and reduce costsand expenses, helped the Group to preserveits resources. During the year ended ended 31March 2024, total revenue has decreased 34.1%from HK$30,600,000 in 2023 to HK$20,158,000 in2024. 201930,600,00034.1%20,158,000 CHAIRMAN’S STATEMENT主席報告書 BUSINESS REVIEW(Continued)Digital Marketing 80.1% In streamlining its operations, the remainingo p e r a t i n gs u b s i d i a r y o f d i g i t a l m a r k e t i nBeijing is Beijing Skyvior Technology Co. Ltd.(“Beijing Skyvior”), this is after the operations ofHyperchannel Info Tech., Ltd. (“HyperchannelInfo”), which engaged in digital marketing,a p p l y i n gb i g d a t a a n a l y s i s i n m a t c h i n gintellectual properties (“IPs”) to assist customersi n m a r k e t i n g p r o d u c t s a n d s e r v i c e s , w e r econsolidated with Beijing Skyvior in last year.Also, our 80.1% subsidiary of Beijing Star EngineInformation Technology Co. Ltd. (“Beijing StarEngine”), which was engaged in providingtechnical support and services of our digitalm a r