东方表行集团2024中期业绩报告

(Stock Code398) For the six months ended 30 September 2024截至二零二四年九月三十日止六個月 簡明綜合損益及其他全面收益表（續） For the six months ended 30 September 2024截至二零二四年九月三十日止六個月 At 30 September 2024於二零二四年九月三十日 At 30 September 2024於二零二四年九月三十日 CONDENSED CONSOLIDATED STATEMENT OF CHANGES IN EQUITY簡明綜合權益變動表 For the six months ended 30 September 2024截至二零二四年九月三十日止六個月 CONDENSEDCONSOLIDATEDSTATEMENTOFCHANGESINEQUITY(CONTINUED)簡明綜合權益變動表（續） For the six months ended 30 September 2024截至二零二四年九月三十日止六個月 Notes: (a) (a)The special reserve of the Group comprises the differencebetween the nominal amount of the share capital issued bythe Company and the nominal amount of the issued sharecapital and special reserves of those companies which wereacquired by the Company pursuant to a group reorganisationin 1993. The special reserves of these acquired subsidiariesrepresent the credit arising on reduction of their paid-up sharecapital under the group reorganisation. (b)6,000,00060,000,00015,698,00090%96% (b)S u b s e q u e n tt o( “ L iL o o n g ” )becoming a subsidiary of the Company in May 2013, theGroup further subscribed 6,000,000 shares of Li Loong inSeptember 2013, for a cash consideration of New TaiwanDollar (“NT$”) 60,000,000 (equivalent to HK$15,698,000).The Group’s equity interest in Li Loong increased from 90%to 96%. This is accounted for as a deemed acquisitionof additional interests in a subsidiary and the differencesbetween the amount of non-controlling interests and fair valueof consideration paid upon acquisition of additional interestsin a subsidiary has been recognised as capital reserve. (c)10% (c)In accordance with relevant laws and regulations for foreigninvestment enterprises in the People’s Republic of China (the“PRC”), the PRC subsidiaries are required to transfer 10% oftheir profit after taxation reported in their statutory financialregulations applicable to enterprises established in the PRC(the “PRC GAAP”) to the statutory reserve. For the six months ended 30 September 2024截至二零二四年九月三十日止六個月 NOTES TO THE CONDENSED CONSOLIDATED FINANCIAL STATEMENTS簡明綜合財務報表附註 For the six months ended 30 September 2024截至二零二四年九月三十日止六個月 1. 1.BASIS OF PREPARATION 3416 The condensed consolidated financial statementshave been prepared in accordance with Hong KongAccounting Standard (“HKAS”) 34 “Interim FinancialReporting” issued by the Hong Kong Institute ofCertified Public Accountants (the “HKICPA”) as well aswith the applicable disclosure requirements of Appendix16 to the Rules Governing the Listing of Securities onThe Stock Exchange of Hong Kong Limited. 2. 2.PRINCIPAL ACCOUNTING POLICIES The condensed consolidated financial statements havebeen prepared on the historical cost basis except forcertain financial instruments, which are measured at fairvalues. Other than additional accounting policy resultingfrom application of new and amendments to HongKong Financial Reporting Standards (“HKFRSs”), theaccounting policies and methods of computation usedin the condensed consolidated financial statementsfor the six months ended 30 September 2024 are thesame as those presented in the Group’s annual financialstatements for the year ended 31 March 2024. Application of amendments to HKFRSs In the current interim period, the Group has applied thefollowing new and amendments to HKFRSs issued bythe HKICPA, for the first time, which are mandatorilyeffective for the annual period beginning on 1 April2024 for the preparation of the Group’s condensedconsolidated financial statements: 1615177 Amendments toHKFRS 16Lease Liability in a Sale andLeasebackAmendments to HKAS 1Classification of Liabilitiesas Current or Non-currentand related amendments toHong KongInterpretation 5 (2020)Amendments to HKAS 1Non-current Liabilities withCovenantsAmendments to HKAS 7and HKFRS 7Supplier FinanceArrangements NOTES TO THE CONDENSED CONSOLIDATED FINANCIAL STATEMENTS(CONTINUED)簡明綜合財務報表附註（續） For the six months ended 30 September 2024截至二零二四年九月三十日止六個月 2. 2.PRINCIPAL ACCOUNTING POLICIES(Continued) The application of the new and amendments to HKFRSsin the current interim period has had no material impacton the Group’s financial positions and performance forthe current and prior periods and/or on the disclosuresset out in these condensed consolidated financialstatements. 3. 3.REVENUE AND SEGMENT INFORMATION The Group’s operation is principally sales of watches.The Group’s revenue represents consideration receivedor receivable from sales of watches. Information reported to the executive directors of theCompany, being the chief operating decision maker,for the purpose of resource allocation and assessmentof segment performance is analysed based on thegeographical markets of the goods sold, which is alsothe basis of organisation of the Group for managing thebusiness operations. (a)(b)(c) Specifically, the Group had three operating segments,being (a) Hong Kong, (b) the PRC and (c) Macau. Nooperating segments identified by the chief operatingdecision maker hav