恒富控股2025中期报告

CONTENTS目錄 Corporate Information2Management Discussion and Analysis6Corporate Governance and Other Information17Condensed Consolidated Statement of Profit orLoss and Other Comprehensive Income23Condensed Consolidated Statement ofFinancial Position24Condensed Consolidated Statement ofChanges in Equity26Condensed Consolidated Statement ofCash Flows27Notes to the Condensed ConsolidatedFinancial Statements28 CORPORATE INFORMATION EXECUTIVE DIRECTORS Mr. Zhang ZiXing(appointed on 11 April 2025) Mr. Lee Chi Ho(appointed on 16 June 2025) Mr. Tsang Chun Ho Anthony(resigned on 15 January 2025)Mr. Choi Tan Yee(resigned on 16 June 2025) Mr. Shen Peng(resigned on 30 April 2025) INDEPENDENT NON-EXECUTIVEDIRECTORS Mr. Cheng Wai Hei(Lead IndependentNon-Executive Director)Mr. Lam Chi WingMs. Li Qian(appointed on 16 June 2025) Ms. Chiu Hoi Shan(resigned on 16 June 2025) AUDIT COMMITTEE Mr. Cheng Wai Hei(Committee Chairman)Mr. Lam Chi WingMs. Li Qian(appointed on 16 June 2025) Ms. Chiu Hoi Shan(resigned on 16 June 2025) REMUNERATION COMMITTEE Mr. Lam Chi Wing(Committee Chairman)Mr. Cheng Wai HeiMs. Li Qian(appointed on 16 June 2025) Ms. Chiu Hoi Shan(resigned on 16 June 2025) NOMINATION COMMITTEE Mr. Lam Chi Wing(Committee Chairman)Mr. Cheng Wai HeiMs. Li Qian(appointed on 16 June 2025) Ms. Chiu Hoi Shan(resigned on 16 June 2025) INVESTMENT COMMITTEE Mr. Zhang ZiXing(Chairman) (appointed on 11 April 2025) Mr. Lee Chi Ho(appointed on 16 June 2025)Mr. Tsang Chun Ho Anthony(resigned on 15 January 2025)Mr. Choi Tan Yee(resigned on 16 June 2025) COMPANY SECRETARYMs. Lam Wai AUTHORISED REPRESENTATIVE Mr. Lee Chi Ho(appointed on 16 June 2025) Ms. Lam WaiMr. Choi Tan Yee(resigned on 16 June 2025) AUDITORS 213272 SFAI (HK) CPA LimitedRegistered Public Interest Entity AuditorUnit 2, 27/F, Wu Chung House213 Queen’s Road EastWanchaiHong Kong PRINCIPAL BANKERS Bank of China (Hong Kong) LtdChina CITIC Bank International LimitedStandard Chartered Bank PRINCIPAL SHARE REGISTRAR ANDTRANSFER AGENT Conyers Corporate Services (Bermuda) LimitedClarendon House, 2 Church StreetHamilton HM 11Bermuda Conyers Corporate Services (Bermuda) LimitedClarendon House, 2 Church StreetHamilton HM 11Bermuda BRANCH SHARE REGISTRAR ANDTRANSFER AGENT IN HONG KONG 1617 Tricor Investor Services Limited17/F., Far East Finance Centre16 Harcourt Road, Hong Kong REGISTERED OFFICE Clarendon House, 2 Church StreetHamilton HM 11, Bermuda Clarendon House, 2 Church StreetHamilton HM 11, Bermuda HEAD OFFICE AND PRINCIPAL PLACE OFBUSINESS IN HONG KONG 1009903(852) 2180 0001(852) 2122 9773 Unit 903, 9/F, Harbour Crystal Centre100 Granville Road, Tsim Sha Tsui, KowloonHong KongTel: (852) 2180 0001Fax: (852) 2122 9773 LEGAL ADVISER AS TO HONG KONGLAW 1009903 HL LawyersUnit 903, 9/F, Harbour Crystal Centre100 Granville Road, Tsim Sha Tsui, KowloonHong Kong www.carrywealth.com WEBSITEwww.carrywealth.com info@carrywealth.com E-MAIL ADDRESSinfo@carrywealth.com 643 STOCK CODE643 10,000 2336 The board of directors (the “Board”) of Carry WealthHoldings Limited (the “Company”) presents the InterimReport and condensed consolidated financial statementsof the Company and its subsidiaries (collectively the“Group”) for the six months ended 30 June 2025. Thecondensed consolidated statement of profit or loss and othercomprehensive income, condensed consolidated statementof changes in equity and condensed consolidated statementof cash flows of the Group for the six months ended 30 June2025, and the condensed consolidated statement of financialposition as at 30 June 2025 of the Group, all of which areunaudited and condensed, along with selected explanatorynotes, are set out on pages 23 to 36 of this Report. MANAGEMENT DISCUSSION ANDANALYSIS OVERVIEW The Group’s principal activity is manufacturing and tradinggarment products for internationally renowned brandnames. The Group utilizes its production facilities in Heshan,Mainland China (the “Heshan facility”), and engagesoverseas subcontractors for its manufacturing process. In addition, the Group has a securities investment businesssegment that trades securities listed on the Hong Kong StockExchange Limited. Concerning the volatile stock market, theGroup continues to adopt a conservative investment strategyduring the period under review. RESULTS 86.969.0%280.83.389.7%32.1(a)(b)(i)(ii)(c) For the six months ended 30 June 2025, the Group’srevenue amounted to HK$86.9 million, 69.0% lower thanthe same period in 2024 (2024: HK$280.8 million). Grossprofit reached HK$3.3 million, a 89.7% decrease versus thesame period in 2024 (2024: HK$32.1 million). The decreasesin revenue and gross profits for the period were mainly dueto (a) a substantial decline in revenue, mainly attributableto a marked reduction in order volumes from our principalcustomers in the United States and Europe, primarily dueto the change in customers’ sourcing strategy, alongsidebroader macro-economic headwinds; (b) the decrea