维珍妮中期报告 2024/25

Stock Code股份代號: 2199 INTERIM REPORT2024/25中期報告 CONTENTS Corporate Information2Financial Highlights5Management Discussion and Analysis7Report on Review of Interim Financial Information34Interim Condensed Consolidated Income Statement36Interim Condensed Consolidated Statement of Comprehensive Income37Interim Condensed Consolidated Balance Sheet38Interim Condensed Consolidated Statement of Changes in Equity40Interim Condensed Consolidated Cash Flow Statement42Notes to the Interim Condensed Consolidated Financial Information44Other Information86 CORPORATE INFORMATION Board of DirectorsExecutive Directors Mr. HUNG Yau Lit (also known as YY Hung)(Chairman and Chief Executive Officer)Mr. YIU Kar Chun Antony(Chief Financial Officer)Mr. LIU ZhenqiangMr. CHEN Zhiping(Chief Operating Officer)Ms. SZE Shui Ling Independent Non-executive Directors Dr. OR Ching FaiMrs. TO WONG Wing Yue AnnieMs. MOH Angela Jen-Yin Board CommitteesAudit CommitteeDr. OR Ching Fai(Chairman)Mrs. TO WONG Wing Yue AnnieMs. MOH Angela Jen-Yin Remuneration Committee Mrs. TO WONG Wing Yue Annie(Chairman)Mr. HUNG Yau Lit (also known as YY Hung)Ms. MOH Angela Jen-Yin Nomination Committee Mr. HUNG Yau Lit (also known as YY Hung)(Chairman)Mrs. TO WONG Wing Yue AnnieMs. MOH Angela Jen-Yin Environmental, Social and Governance CommitteeMr. CHEN Zhiping(Chairman)Ms. SZE Shui LingDr. OR Ching Fai Authorised RepresentativesMr. YIU Kar Chun AntonyMr. LAW Kwan Chuen REGINA MIRACLE INTERNATIONAL (HOLDINGS) LIMITED CORPORATE INFORMATION Company SecretaryMr. LAW Kwan Chuen Auditor 22 PricewaterhouseCoopersCertified Public AccountantsRegistered Public Interest Entity Auditor22/F, Prince’s BuildingCentralHong Kong Registered Office Cricket SquareHutchins DriveP.O. Box 2681Grand Cayman KY1-1111Cayman Islands Cricket SquareHutchins DriveP.O. Box 2681Grand Cayman KY1-1111Cayman Islands Principal Place of Business and Head Officein Hong Kong 63A10 10th Floor, Tower ARegent Centre63 Wo Yi Hop RoadKwai ChungHong Kong Principal Share Registrar Conyers Trust Company (Cayman) LimitedCricket SquareHutchins DriveP.O. Box 2681Grand Cayman KY1-1111Cayman Islands Conyers Trust Company (Cayman) LimitedCricket SquareHutchins DriveP.O. Box 2681Grand Cayman KY1-1111Cayman Islands Hong Kong Branch Share Registrar Computershare Hong Kong Investor Services LimitedShops 1712-1716, 17th FloorHopewell Centre183 Queen’s Road EastWanchaiHong Kong 183171712-1716 CORPORATE INFORMATION Principal Bankers The Hongkong and Shanghai Banking Corporation LimitedHang Seng Bank LimitedBank of China (Hong Kong) Limited Investor and Press Relations Adviser Strategic Financial Relations Limited24/F, Admiralty Centre I18 Harcourt RoadHong Kong 1824 www.reginamiracleholdings.com Company Websitewww.reginamiracleholdings.com 2199 Stock Code2199 The board of directors (the “Board”) of Regina MiracleInternational (Holdings) Limited (“Regina Miracle” orthe “Company”) is pleased to announce the unauditedinterim results of the Company and its subsidiaries(collectively, the “Group”) for the six months ended 30September 2024 (“1HF2025” or the “Period”), togetherwith the comparative figures for the corresponding yearin 2023 (“1HF2024”). 20249 30202520232024 Comparison of Key Financial Information andFinancial Ratios FINANCIAL HIGHLIGHTS #These are not measures of performance under Hong KongFinancial Reporting Standards (“HKFRS”), but are widelyused by management for monitoring business performanceof a company from operational perspective. They may notbe comparable to similar measures presented by othercompanies. * *Adjusted profit attributable to owners of the Companyand adjusted earnings before interest, taxes, depreciationand amortisation are derived by excluding exceptionalrestructuring costs and share of net losses/profits ofassociates accounted for using the equity method. MANAGEMENT DISCUSSION AND ANALYSISMANAGEMENTDISCUSSIONAND ANALYSIS MANAGEMENT DISCUSSION AND ANALYSIS MARKET REVIEW During the Period, there were various signs of recoveryin global markets, with markets in Europe and the U.S.gradually regaining their vitality, while market demandin Mainland China was relatively weak. The textile andapparel industries were undergoing a series of significantchanges, with agility and innovation being highly soughtafter in the market. Brand partners gradually regainedconfidence in procurement, and shifted their focus fromdestocking to responding quickly to market demand andproduct innovation. As consumer demands for productquality continue to grow, major brands are also raisingtheir supply chain standards. Bonding The Group’s commitment to its business strategy of“prioritizing and strengthening core segments” hasbegun to bear fruit. Benefiting from the recovery inorders from key brand partners, the Group’s two corebusiness segments, namely intimate wear and sportsproducts, recorded steady performance during thePeriod, laying the foundation for further busine