星光集团截至二零二四年九月三十日止六个月中期业绩报告

STARLITE HOLDINGS LIMITED• INTERIM REPORT 2024星光集團有限公司‧二零二四年中期業績報告 RESULTS The Group posted a profit of approximately HK$7 million forthesix months ended 30th September,2024,compared toprofitof approximately HK$6.6 million in the same periodlastyear.The Group recorded about HK$509 million inrevenue increased by 11% compared with the same periodlast year. Given that the prices of major raw materials remained stablewith inflation retreating from peak levels, coupled with theeconomies of scale brought about by the moderate businessgrowthand the exchange gains from the depreciation ofRenminbi, the Group maintained its core profit level duringthe period. During the reporting period, despite a sharp and synchronisedtighteningof monetary policy among major economies,theglobal economy has remained unusually resilient throughoutthedisinflationary process,avoiding a global recession.However,with an escalation in regional conflicts,financialmarket volatility as a result of monetary policy adjustments,adeeper growth slowdown in China,and the continuedratcheting up of protectionist policies, the downside risks tothe economy are rising, which have had a negative impacton overall industry demand as well as consumer confidenceandexpectations.Facing adverse external factors andmultiple challenges in the global economy, the three plantsinChina strived for excellence and performed better thanexpectedduring the period.The Guangzhou and Shaoguanplants experienced business growth and continued to recordprofits,and the Suzhou plant also recorded growth inbusiness and contributed add-on value. On the other hand,salesin the ASEAN region slightly decreased but it stillmanaged to maintain its profitability. In this critical period of high-quality economic developmentandcultivating new quality productive forces,the Groupadhered to the concept of seeking progress while maintainingstability,proactively strengthened its research anddevelopmentand innovation capabilities,continued toimproveits productivity levels,promoted automation,informatisation, and intelligent processes, thereby enhancingitsoperational standards and promoting the sustainabledevelopmentof the industry.The Group also strived forexcellence in the midst of continuous changes by improvingitscustomer service system and professional marketingserviceswith a focus on customer experience and needs.Details are set out in the section headed “Business Reviewand Prospects”. STARLITE HOLDINGS LIMITED• INTERIM REPORT 2024星光集團有限公司‧二零二四年中期業績報告 Interim Dividend The Board recommends an interim dividend of HK1 cent perordinaryshare(30th September,2023:interim dividend ofHK1 cent) for the six months ended 30th September, 2024payableon 19th February,2025 to shareholders whosenames appear on the Register of Members on 10th January,2025. BUSINESS REVIEW AND PROSPECTS Overview During the period under review, as the post-pandemic supplyissues eased and the tightening of monetary policy started toconstraindemand,normalisation in labour markets allowedinflation to decline rapidly without a significant slowdown ineconomic activities. Since the second half of the year, majoreconomieshave started their pivot on monetary policy.Centralbanks in major developed economies havesuccessively initiated the cycle of interest rate cuts, movingtheirpolicy stance toward neutral to support economicactivities.However,the growth paces vary across differentregions and industries, with structural issues in manufacturingand productivity. Many countries are implementing industrialandtrade policy measures to protect local workers andmarkets.Moreover,with the ongoing geopolitical instabilitybetween Russia and Ukraine and in the Middle East, as wellas the impact of the global election year, it is expected thatthe market demand for products and services will tend to beconservativeand cautious in the second half of the year,posinggreat challenges to the operation of enterprises.Despitethe accelerating market segmentation,intensifyingmarket competition, and accelerating industry consolidation,theGroup has won the recognition and trust of manydomestic and foreign strategic partners for its solid businessfoundation,globally agile delivery capabilities,first-classcustomer resources, and advanced integrated smart industrialchainlayout,laying a solid foundation for the long-term,stable, and healthy development of the Group. STARLITE HOLDINGS LIMITED• INTERIM REPORT 2024星光集團有限公司‧二零二四年中期業績報告 11721915 Meanwhile,in order to enhance operational efficiency andriskmanagement capability,the Group adheres totechnologicalinnovation and upgrade,and continuouslyadvances the research and development of new technologiesand processes. Through ongoing investment in research anddevelopment,establishment of independent research anddevelopment capabilities, and industry-academia cooperation,the Group has continuously optimised its product lines andconsolidatedits technological advantages.As at the end ofthereporting period,the Group