文化传信2024/2025 年报

CORPORATE INFORMATION2CHAIRMAN’S STATEMENT5MANAGEMENT DISCUSSION AND ANALYSIS9DIRECTORS’ REPORT20CORPORATE GOVERNANCE REPORT47INDEPENDENT AUDITOR’S REPORT68CONSOLIDATED STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME77CONSOLIDATED STATEMENT OF FINANCIAL POSITION80CONSOLIDATED STATEMENT OF CHANGES IN EQUITY83CONSOLIDATED STATEMENT OF CASH FLOWS85NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS89FINANCIAL SUMMARY299 CORPORATE INFORMATION公司資料 EXECUTIVE DIRECTORS Mr. Kwan Kin Chung(Managing Director)Mr. Yuen Kin(resigned on 6 May 2024) NON-EXECUTIVE DIRECTORS Mr. Wong Kon Man Jason(Chairman)Dr. Liu Ka Ying Rebecca(Vice Chairman) INDEPENDENT NON-EXECUTIVEDIRECTORS Mr. Wong Kwan KitMr. Mung Yat LikMr. Fan Chun Wah Andrew(resigned on 6 May 2024)Mr. Fung Ting Ho(appointed on 31 July 2024) CHIEF EXECUTIVE OFFICER Dr. Liu Hin Wang Leris COMPANY SECRETARYMs. Lee Yuk Ping CORPORATE GOVERNANCECOMMITTEE Mr. Kwan Kin ChungMr. Wong Kon Man JasonMr. Yue Chi Wing AUDIT COMMITTEE Mr. Wong Kwan KitMr. Mung Yat LikMr. Fan Chun Wah Andrew(resigned on 6 May 2024)Mr. Fung Ting Ho(appointed on 26 September 2024)Mr. Wong Kon Man Jason(appointed on 6 May 2024 andresigned on 26 September 2024) CORPORATE INFORMATION公司資料 REMUNERATION COMMITTEE Mr. Wong Kwan KitMr. Mung Yat Lik(appointed on 6 May 2024)Mr. Fan Chun Wah Andrew(resigned on 6 May 2024)Mr. Kwan Kin Chung NOMINATION COMMITTEE Mr. Fung Ting Ho(appointed on 26 September 2024)Mr. Kwan Kin Chung(resigned on 26 September 2024)Mr. Wong Kwan KitMr. Mung Yai Lik(appointed on 6 May 2024)Mr. Fan Chun Wah Andrew(resigned on 6 May 2024) PRINCIPAL BANKERS The Hongkong and Shanghai BankingCorporation Limited CLKW Lawyers LLPAppleby SOLICITORS CLKW Lawyers LLPAppleby AUTHORISED REPRESENTATIVES Mr. Kwan Kin ChungMs. Lee Yuk Ping AUDITOR 2212 Gary Cheng CPA LimitedCertified Public Accountants12th Floor, Elite Centre,22 Hung To Road,Kwun Tong, KowloonHong Kong CORPORATE INFORMATION公司資料 REGISTERED OFFICE Victoria Place, 5th Floor31 Victoria StreetHamilton HM 10Bermuda Victoria Place, 5th Floor31 Victoria StreetHamilton HM 10Bermuda PRINCIPAL OFFICE Suite 1502, 15/F,Far East Finance Centre,16 Harcourt Road, AdmiraltyHong Kong 16151502 PRINCIPAL REGISTRAR Appleby Global Corporate Services(Bermuda) LimitedCanon’s Court, 22 Victoria Street,PO Box HM 1179, Hamilton HM EXBermuda Appleby Global Corporate Services(Bermuda) LimitedCanons Court, 22 Victoria Street,PO Box HM 1179, Hamilton HM EXBermuda BRANCH REGISTRAR Computershare Hong Kong InvestorServices LimitedShops 1712-1716, 17th FloorHopewell Centre183 Queen’s Road EastWan ChaiHong Kong 183171712-1716 COMPANY WEBSITE www.culturecom.com.hk www.culturecom.com.hk STOCK CODE 343343 CHAIRMAN’S STATEMENT主席報告書 RESULTS 17,328,00020,158,00015,990,00015,104,000111,0002,597,0001,227,0002,457,00027,963,00020,782,0001.71.2 Theconsolidated turnover of the Companyandits subsidiaries for the year ended 31March 2025 amounted to HK$17,328,000 (2024:HK$20,158,000)of which HK$15,990,000(2024:HK$15,104,000) was attributable to the businessof publishing and intellectual properties (“IPs”)licensing; HK$111,000 (2024: HK$2,597,000) wasattributable to digital marketing; HK$1,227,000( 2 0 2 4 :H K $ 2 , 4 5 7 , 0 0 0 )w a s a t t r i b u t a b l e t oretailing and wholesales business. Loss for theyear attributable to equity holders, taking intoaccount of taxation, was HK$27,963,000 (2024:HK$20,782,000).The loss per share was HK1.7cents (2024: HK1.2 cents). FINAL DIVIDEND TheBoard of Directors has resolved not todeclare any final dividend for the year ended 31March 2025 (2024: nil). BUSINESS REVIEW Following the COVID-19 pandemic, the overalle c o n o m yh a s y e t t o r e c o v e r i n t h e p a s ttwoyears.Against the acute business andeconomic environment, coupled with unstablegeopolitical factors, the Group remains focus onconserving resources, restructuring operations,and taking actions to control and reduce costsand expenses, helped the Group to preserveits resources. During the year ended 31 March2025, total revenue has decreased 14.0% fromHK$20,158,000 in 2024 to HK$17,328,000 in 2025. 201920,158,00014.0%17,328,000 CHAIRMAN’S STATEMENT主席報告書 Publishing and IPs Licensing Business 15,990,00015,104,000 T h ep u b l i s h i n g a n d I P s l i c e n s i n g b u s i n e s sisstable.Revenue from this segment,wereHK$15,990,000in 2025 and HK$15,104,000 in2024. The Company is putting more effort onpublication book sales of IPs’ owned or underlicenses, and to broaden the scope of licensingbusiness. Other than IPs licensing, the Group isplanning to expand including publishing anddistributionof certain comic title in the lastseason of this financial year. Digital Marketing I ns t r e a m l i n i n g i t s o p e r a t i o n s ,f o l l o w i n gthevoluntary liquidation restructuring,theremaining operations of the digital marketingdivisions in Beijing and Guangzhou have beensubstantially scaled down. Revenue fr