FIRST CREDIT中期报告 2024

(Incorporated in the Cayman Islands and continued in Bermuda with limited liability) 2024INTERIM REPORT中 期 報 告INTERIM REPORT中 期 報 告 CHARACTERISTICSOF GEM OF THE STOCK EXCHANGE OF HONGKONG LIMITED (“STOCK EXCHANGE”) GEM has been positioned as a market designed to accommodate small and mid-sized companiesto which a higher investment risk may be attached than other companies listed on the StockExchange. Prospective investors should be aware of the potential risks of investing in suchcompanies and should make the decision to invest only after due and careful consideration. Given that the companies listed on GEM are generally small and mid-sized companies, thereis a risk that securities traded on GEM may be more susceptible to high market volatility thansecurities traded on the Main Board and no assurance is given that there will be a liquid marketin the securities traded on GEM. Hong Kong Exchanges and Clearing Limited and the Stock Exchange take no responsibility for the contentsof this report, make no representation as to its accuracy or completeness and expressly disclaim any liabilitywhatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contentsof this report. This report, for which the directors (“Directors”) of First Credit Finance Group Limited (“Company”)collectively and individually accept full responsibility, includes particulars given in compliance with the RulesGoverning the Listing of Securities on GEM of the Stock Exchange (“GEM Listing Rules”) for the purposeof giving information with regard to the Company. The Directors, having made all reasonable enquiries,confirm that to the best of their knowledge and belief the information contained in this report is accurateand complete in all material respects and not misleading or deceptive, and there are no other matters theomission of which would make any statement herein or this report misleading. GEM GEM GEMGEMGEM GEMGEM Unaudited Condensed Consolidated Statement of Profit or Loss and Other Comprehensive Income For the six months ended 30 June 2024 Unaudited Condensed Consolidated Statement of Financial Position At 30 June 2024 Ho Yuen May MayDirector Lui Cheuk FungDirector Unaudited Condensed Consolidated Statement of Changes in Equity For the six months ended 30 June 2024 Unaudited Condensed Consolidated Statement of Cash Flows For the six months ended 30 June 2024 Notes to the Unaudited Condensed Consolidated Financial Statements For the six months ended 30 June 2024 1. 1.BASIS OF PREPARATION 34GEM These unaudited condensed consolidated financial statements of theGroup for the six months ended 30 June 2024 have been prepared inaccordance with Hong Kong Accounting Standard 34 “Interim FinancialReporting”issued by the Hong Kong Institute of Certified PublicAccountants (the “HKICPA”) and the applicable disclosures required bythe Rules Governing the Listing of Securities on the GEM of The StockExchange of Hong Kong Limited (the “Stock Exchange”). These unaudited condensed consolidated financial statements shouldbe read in conjunction with the annual financial statements for theyear ended 31 December 2023. The accounting policies and methodsof computation used in the preparation of these unaudited condensedconsolidated financial statements are consistent with those used inthe annual financial statements for the year ended 31 December 2023except as stated below. The unaudited condensed interim financial statements have neither beenaudited nor reviewed by the Company’s auditors. As at the date of approval of these unaudited condensed consolidatedfinancial statements, the trading of shares of the Company remainssuspended. 2. 2.ADOPTION OF NEW AND REVISED HONGKONG FINANCIAL REPORTING STANDARDS Inthe current period,the Group has applied,for the first time,the following amendments to HKFRSs issued by the HKICPA whicharemandatorily effective for the annual period beginning on orafter 1 January 2024 for the preparation of the Group’s condensedconsolidated financial statements: 161177 Lease Liability in a Sale and LeasebackClassification of Liabilities asCurrent or Non-currentNon-current Liabilities with CovenantsSupplier Finance Arrangements Amendments to HKFRS 16 Amendments to HKAS 1Presentation of FinancialStatementsAmendments to HKAS 1 Amendments to HKAS 7and HKFRS 7 Except as described above, the application of the amendments to HKFRSsin the current period has no material impact on the Group’s performanceand financial positions for the current and prior periods and/or on thedisclosures set out in these condensed consolidated financial statements. Notes to the Unaudited Condensed Consolidated Financial Statements(continued)For the six months ended 30 June 2024 3.FAIR VALUE MEASUREMENTS 3. Except as disclosed below, the carrying amount of the Group’s financialassets and financial liabilities as reflected in the unaudited condensedconsolidated statement of financial position ap