IDT INT'L-NEW2025中期报告

INTERIM REPORT2025 Corporate Information BOARD OF DIRECTORS Tiger Charles Chen Executive DirectorMr. Tiger Charles Chen Non-Executive DirectorsMs. Ng Kwok Ying IsabellaMs. Cheung Yuk KiMr. Cui Xiao(Ceased to be director on 8 January 2025) Independent Non-Executive DirectorsMs. Chen Weijie Mr. Mak Tin SangDr. Lowe Chun YipMr. Xu Jinwen(Resigned on 14 March 2025) AUDIT COMMITTEE Mr. Mak Tin Sang(Chairman)Ms. Chen WeijieDr. Lowe Chun Yip NOMINATION AND CORPORATEGOVERNANCE COMMITTEEMs. Chen Weijie(Chairman) Mr. Mak Tin SangDr. Lowe Chun Yip Tiger Charles Chen REMUNERATION COMMITTEEDr. Lowe Chun Yip(Chairman) Ms. Ng Kwok Ying lsabellaMr. Tiger Charles Chen COMPANY SECRETARYChen Kun(Solicitor of HKSAR) AUTHORISED REPRESENTATIVESCheung Yuk KiChen Kun Corporate Information PRINCIPAL BANKERSThe Hongkong and Shanghai Banking Corporation Limited Hang Seng Bank Limited AUDITORForvis Mazars CPA Limited LEGAL ADVISORS Conyers Dill & Pearman BermudaConyers Dill & Pearman Hong KongJT&N (Hong Kong) SHARE REGISTRARS Conyers Corporate Services (Bermuda) Limited BermudaConyers Corporate Services (Bermuda) Limited Clarendon House2 Church StreetHamilton, HM 11Bermuda Clarendon House2 Church StreetHamilton, HM 11Bermuda 3382333301–04 Hong KongUnion Registrars Limited Suites 3301–04, 33/FTwo Chinachem Exchange Square338 King’s RoadNorth PointHong Kong Clarendon House2 Church StreetHamilton HM 11Bermuda BERMUDA REGISTERED OFFICEClarendon House 2 Church StreetHamilton HM 11Bermuda PRINCIPAL PLACE OF BUSINESS INHONG KONG 126612 Unit 612, 6/FBank of America Tower12 Harcourt RoadCentralHong Kong 167 WEBSITEwww.idt-hk.com www.idt-hk.com IDT INTERNATIONAL LIMITEDINTERIM REPORT 2025 Financial Highlights IDT International Limited is an investment holding companywith subsidiaries engaged in investment holdings, as well asdesign, development, manufacturing, sales and marketing ofvarious electronic products. FINANCIAL HIGHLIGHTS –47.451.1–5.917.4–7.96.4–62.65.6 –Revenue was approximately HK$47.4 million for thesix months ended 30 June 2025 (“1H2025” or the“Interim Period”) (1H2024: approximately HK$51.1million). –Gross profit was approximately HK$5.9 million for1H2025 (1H2024: approximately HK$17.4 million). –Total operating expenses amounted to approximatelyHK$7.9 million for 1H2025 (1H2024: approximatelyHK$6.4 million). –Profit for the period amounted to approximatelyHK$62.6 million for 1H2025 (1H2024: profit ofapproximately HK$5.6 million). INTERIM RESULTS The board of directors (the “Board”) of IDT InternationalLimited (the “Company”) hereby announces the unauditedcondensed results of the Company and its subsidiaries (the“Group”) for 1H2025 together with the comparative figuresfor the corresponding period in 1H2024. For the six months ended 30 June 2025 Condensed Consolidated Statement of Profit or Loss and Other Comprehensive Income For the six months ended 30 June 2025 Condensed Consolidated Statement of Changes in Equity For the six months ended 30 June 2025 Condensed Consolidated Statement of Cash Flows For the six months ended 30 June 2025 Notes to the Condensed Consolidated Financial Statements For the six months ended 30 June 2025 1. 1.GENERAL INFORMATION IDT International Limited (the “Company”, togetherwith its subsidiaries are collectively referred to asthe “Group”) was incorporated in Bermuda as anexempted company with limited liability. The sharesof the Company are listed on the Main Board ofThe Stock Exchange of Hong Kong Limited (the“Stock Exchange”). In the opinion of the directorof the Company, the ultimate controlling party ofthe Company is Mr. Chen Tiger Charles and Mr.Wong Tung Yuen and the ultimate holding companyundertaking is Tiger Energy Technology CompanyLimited, which is incorporated in Hong Kong. Theaddresses of the registered office and principal placeof business of the Company is located at Unit 612, 6/F, Bank of America Tower, 12 Harcourt Road, Central,Hong Kong. ChenTiger Charles126612 The Company acts as an investment holding companywhile its subsidiaries are principally engaged inthe design, development, manufacture, sales andmarketing of various electronic products. 2. 2.BASIS OF PRESENTATION Basis of preparation The condensed consolidated interim financialstatements of the Group for the six months ended30 June 2025 (the “Interim Financial Statements”)has been prepared in accordance with the applicabledisclosure requirements of Appendix 16 to theRules Governing the Listing of Securities on theStock Exchange (“Listing Rules”) and with the HongKong Accounting Standard 34 “Interim FinancialReporting” (“HKAS 34”) issued by the Hong KongInstitute of Certified Public Accountants (“HKICPA”). 3434 34 The preparation of the Interim Financial Statements inconformity with HKAS 34 requires the managementof the Group to make judgements, estimates andassumptions that affect the application of policiesand reported amounts of assets and liabilities,