朗华国际集团二零二四年中期业绩报告

CHARACTERISTICS OF GEM OF THE STOCKEXCHANGEOF HONG KONG LIMITED(THE“STOCK EXCHANGE”) GEM GEM GEM has been positioned as a market designed toaccommodate small and mid-sized companies towhich a higher investment risk may be attachedthan other companies listed on the Stock Exchange.Prospectiveinvestors should be aware of thepotential risks of investing in such companies andshould make the decision to invest only after dueand 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 48,551,0008.3% •Revenueof the Group for the six monthsended30 September 2024 amounted toapproximately HK$48,551,000, representing anincrease of approximately 8.3% as comparedto the corresponding period of the previousfinancial year. 7,849,0003,202,000 CONDENSED CONSOLIDATED STATEMENTOF PROFIT OR LOSS AND OTHERCOMPREHENSIVE INCOME For the six months ended 30 September 2024 The board of Directors (the “Board”) of the Companyannounces the unaudited consolidated results of theCompany and its subsidiaries (the “Group”) for the sixmonths ended 30 September 2024 together with theunaudited comparative figures for the correspondingperiods in 2023 as follows: CONDENSED CONSOLIDATED STATEMENT OFFINANCIAL POSITIONAs at 30 September 2024 For the six months ended 30 September 2024 CONDENSED CONSOLIDATED STATEMENT OFCHANGES IN EQUITY(Continued) Notes: Under the Companies Law (2001 Revision) of the CaymanIslands, the share premium account of the Company isdistributable to its shareholders provided that immediatelyfollowing the date on which the dividend is proposed to bedistributed, the Company will be in a position to pay off itsdebts as they fall due in the ordinary course of business. Foreign currency translation reserve represents exchangedifferences relating to the translation of the net assetsof the Group’s foreign operations from their functionalcurrencies to the Group’s presentation currency (i.e. HongKong dollar (“HK$”)) 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)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)Merger reserve Themerge reser ve represents the acquisition of asubsidiary and disposal of subsidiaries under commoncontrol and the acquisition is accounted for by applyingthe principles of merger accounting in accordance withAccounting Guideline 5 Merger accounting for CommonControl Combinations. 5 (e)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. CONDENSED CONSOLIDATED STATEMENT OFCHANGES IN EQUITY(Continued) (f) Share awards reserve represent cumulative fair value ofservices received/receivable from employees measuredat the date of grant under the CBG Share Award Schemeadopted on 20 March 2024. 50%25% Pursuant to the relevant laws and regulations for businessenterprises in the People’s Republic of China (the “PRC”),a portion of the profits of the entities which are registeredin the PRC has been transferred to the statutory reservefund which is restricted as to use. When the balanceof such reserve fund reaches 50% of the capital of thatentity, any further appropriation is optional. The statutoryreserve fund can be utilised, upon approval of the relevantauthority, to offset prior years’ losses or to increasecapital. However, the balance of the statutory reservefund must be maintained at least 25% of c