IDT INT'L2023年中期报告

INTERIMREPORT2 0 2 3 Corporate Information公司資料 BOARD OF DIRECTORS Executive DirectorZhu Yongning (Chief Executive Officer, resigned on 1 February 2024)Cheung Yuk Ki(Chief Executive Officer, appointed on 1 February 2024) Non-Executive DirectorsCui Xiao Ng Kwok Ying Isabella(Appointed on 1 February 2024)Chen Tiger Charles(Appointed on 1 February 2024) Chen Tiger Charles Independent Non-Executive DirectorZhou Meilin(Resigned on 1 February 2024)Zhou Rui(Resigned on 1 February 2024)Xu Jinwen EXECUTIVE COMMITTEEZhu Yongning (Chief Executive Officer, resigned on 1 February 2024)Cheung Yuk Ki(Chief Executive Officer, appointed on 1 February 2024) AUDIT COMMITTEEZhou Meilin(Chairman, resigned on 1 February 2024) Xu JinwenZhou Rui(Resigned on 1 February 2024) NOMINATION AND CORPORATEGOVERNANCE COMMITTEEZhou Rui(Chairman, resigned on 1 February 2024) Zhou Meilin(Resigned on 1 February 2024)Xu Jinwen REMUNERATION COMMITTEEXu Jinwen(Chairman) Chen Tiger Charles Zhou Meilin(Resigned on 1 February 2024)Zhou Rui(Resigned on 1 February 2024)Ng Kwok Ying Isabella(Appointed on 1 February 2024)Chen Tiger Charles(Appointed on 1 February 2024) COMPANY SECRETARYChen Kun(Solicitor of HKSAR) AUTHORISED REPRESENTATIVESZhu Yongning (Chief Executive Officer, resigned on 1 February 2024)Cheung Yuk Ki(Chief Executive Officer, appointed on 1 February 2024)Chen Kun Corporate Information公司資料 PRINCIPAL BANKERSThe Hongkong and Shanghai Banking Corporation Limited Hang Seng Bank Limited AUDITORForvis Mazars CPA Limited(formerly known as Mazars CPA Limited) LEGAL ADVISORS Conyers Dill & Pearman BermudaConyers Dill & Pearman Hong KongPeter Chen Law Office SHARE REGISTRARS Conyers Corporate Services (Bermuda) Limited BermudaConyers Corporate Services (Bermuda) LimitedClarendon House2 Church StreetHamilton, HM 11Bermuda Clarendon House2 Church StreetHamilton, HM 11Bermuda 3382333301–04 Hong KongUnion Registrars Limited Suites 3301–04, 33/F.Two Chinachem Exchange Square338 King’s RoadNorth PointHong Kong Clarendon House2 Church StreetHamilton, HM 11Bermuda BERMUDA REGISTERED OFFICEClarendon House 2 Church StreetHamilton, HM 11Bermuda PRINCIPAL PLACE OF BUSINESS INHONG KONGUnit 612, 6/F 126612 Bank of America Tower12 Harcourt RoadCentralHong Kong STOCK CODE167 167 www.idt-hk.com WEBSITEwww.idt-hk.com IDT INTERNATIONAL LIMITEDINTERIM REPORT 2023 Financial Highlights財務摘要 IDT International Limited is an investment holding companywith subsidiaries engaged in investment holdings, as well asdesign, development, manufacturing, sales and marketing ofvarious electronic products. FINANCIAL HIGHLIGHTS 2.211.05.237.16.849.9 –Turnover was nil for the six months ended 30 June2023 (“1H2023” or the ”Period”) (for the six monthsended 30 June 2022 (“1H2022”): HK$2.2 million). –Gross profit was nil for 1H2023 (1H2022: gross lossof HK$11.0 million).–Total operating expenses amounted to HK$5.2 millionfor 1H2023 (1H2022: HK$37.1 million).–Loss for the Period amounted to HK$6.8 million(1H2022: HK$49.9 million). INTERIM RESULTS The board of directors (the “Board”) of IDT InternationalLimited (the “Company”) hereby announces the unauditedcondensed results of the Company and its subsidiaries (the“Group”) for the Period together with the comparativefigures for the corresponding period in 1H2022. For the six months ended 30 June 2023 Condensed Consolidated Statement of Profit or Loss and Other Comprehensive Income簡明綜合損益及其他全面收益表 For the six months ended 30 June 2023截至二零二三年六月三十日止六個月 Condensed Consolidated Statement of Financial Position簡明綜合財務狀況報表 At 30 June 2023 Condensed Consolidated Statement of Changes in Equity簡明綜合權益變動表 For the six months ended 30 June 2023截至二零二三年六月三十日止六個月 Condensed Consolidated Statement of Cash Flows簡明綜合現金流量表 For the six months ended 30 June 2023 Notes to the Condensed Consolidated Financial Statements簡明綜合財務報表附註 For the six months ended 30 June 2023 1. 1.GENERAL INFORMATION IDT International Limited (the “Company”, togetherwith its subsidiaries are collectively referred to asthe “Group”) was incorporated in Bermuda as anexempted company with limited liability. The sharesof the Company are listed on the Main Board of TheStock Exchange of Hong Kong Limited (the “StockExchange”). The addresses of the registered officeand principal place of business of the Company islocated at Block C, 9th Floor, Phase I, Kaiser Estate,41 Man Yue Street, Hunghom, Kowloon, Hong Kong. 4119C The Company acts as an investment holding companywhile its subsidiaries are principally engaged inthe design, development, manufacture, sales andmarketing of various electronic products. 15,000,000 On 19 March 2024, the Company received a statutorydemand (the “Statutory Demand”) dated 19 March2024 from a creditor, demanding the Company topay an amount of HK$15,000,000 within 3 weeksfrom the date of service of the Statutory Demand,failing which the creditor may present a winding-uppetition against the Company. The managem