先施中期报告2025

2 3 4 31 CLKW Lawyers LLP 2811 1617 1242411 244 www.sincere.com.hk (26,468)(26,662) 455 –1,883 (26,423)(24,774) (25,853)(25,415)(570)641 (26,423)(24,774) (14,259)(2,373) (1,397)(125)11310,09217– 18,88481,000(18,622)(81,397)–(2,292)22,05522,400–(91,960)(8,812)(14,851) (2,021)(79,506)10,94792,694 8,92613,188 1. 1242411 70%30% 2. 34D2 3 2. 436 662(3)63 406(2)407(2)(3) 26,468,000195,653,0008,926,000 (i)(ii)(iii)(iv) 730,000 2. 70%30%200,000,00036260,000,0005%80,392,000 (i)(ii)(iii) (i)(ii)(iii) 3. 21 21 1819979710285 221 1 31112 123 4. (i)(ii) (a) (b) (c) Win Dynamic LimitedWin Dynamic 4. (a) 4. (b) 5. (a) (i) 5. (a) (ii) 1,014,0001,202,000 194156Win Dynamic209,4269,42437672(31)26215690 6. 7. 18,00816,251660597 8. 9. 26,684,00027,260,0001,313,962,5601,313,962,560 10. Win Dynamic202,527,000193,101,00028,941,00029,395,0001,052,000803,0006,119,0006,119,000 13. 30,39438,0837,7941,195109552,0132,05940,31041,392 14. 13 (a) 11 (b) 13,64311,91361,0311,609(9,843)(31,997)2749,3891113,06422,729 18,16913,643 9,5977,3198,5726,324 18,16913,643(9,597)(7,319) 8,5726,324 15. (a) 11,103,00011,216,000 2%2%12 (c) 8.2% 70%30%5% 16. 17. (i)(ii)15(c)(iii)15(c)(iv)(v)(vi) 6,000 17. (b) 18. 18. 3% % 3(201)(3)201 6,1654,127–2,038 6,1656,165 19. 1,5361,581 20. Win DynamicWin Dynamic662,525,276Win Dynamic260,443,000Win DynamicWin Dynamic 20. Win DynamicWin DynamicWin Dynamic32265D Peter Tan Win DynamicWin Dynamic Win DynamicWin Dynamic Win DynamicWin DynamicWin DynamicWinDynamic260,435,000WD 20. Win DynamicWin Dynamic(a)WD(b)Win DynamicWD Win DynamicWin Dynamic(i)(ii) Win DynamicWin Dynamic(i)Win DynamicWD(ii) Win DynamicWin DynamicWin Dynamic Win Dynamic 20. Win DynamicWD Win DynamicWin DynamicWD Win Dynamic Win DynamicWD Win DynamicWD Win DynamicWD Win DynamicWDWin DynamicWD Win Dynamic 20. Win Dynamic Win DynamicWDWD-Win DynamicWD- Win Dynamic WD- (i)(ii)WDWDWin Dynamic150,001,0009.66%WD Win Dynamic200,641,0001,886,000191,847,0001,254,000WinDynamic9,426,0009,424,000 64,300,00065,100,000800,0001.2%26,500,00026,700,000200,0000.7% 30,400,00035,900,0005,500,00015.3%6,200,000 64,300,00065,100,000800,0001.2%64,200,00065,300,000 10,200,00010,400,000200,0001.9%Win Dynamic9,400,0009,400,000 34,200,00033,500,000700,0002.1%(i)8,100,00016,400,000(ii)15,500,0007,400,000(iii)9,400,0008,300,000700,0001,100,000 24,100,00025,100,0001,000,0004.0%9,300,0008,500,0001,000,0002,300,0001,500,000 8,100,00014,300,0006,200,00043.4%2,400,0003,900,000 26,700,00027,300,000600,0002.2% 64,200,00065,300,0001.7%23,700,00017,300,0006,400,00037.0% 32,000,00037,600,0005,600,00014.9% 300,000700,000100,00070,000400,0001,300,0001,300,000 20,000,00022,200,00011,100,00011,200,0008,900,00010,900,000 8,800,0008,600,0001%1% 179,600,000157,600,000 8,100,00014,300,000 195,700,0004,200,00020,700,00046,600,000 0.270.95314%195% (i)(ii)(iii)(iv) 191199 336 985,471,362985,471,36275.00%30%70%985,471,362 XV352 (1)985,471,36270%985,471,362 (2)985,471,362 (b) XV352 18 17 20 19 C3 C1C.1.5 C.1.5