莱尔斯丹中期报告书 2025/26

(Stock Code: 00738)(incorporated in Bermuda with limited liability)() CONTENTS目錄 Corporate Information2Management’s Discussion and Analysis6Condensed Consolidated Interim Income Statement25Condensed Consolidated Interim Statement of Comprehensive Income26Condensed Consolidated Interim Balance Sheet27Condensed Consolidated Interim Statement of Changes in Equity29Condensed Consolidated Interim Cash Flow Statement31Notes to the Condensed Consolidated Interim Financial Information32Disclosure of Interests53Corporate Governance and Other Information60 CORPORATEINFORMATION公司資料 EXECUTIVE DIRECTORLi Wing Yeung, Peter NON-EXECUTIVE DIRECTORJames Ngai(Chairman) INDEPENDENT NON-EXECUTIVE DIRECTORS Lam Siu Lun, SimonLeung Wai Ki, GeorgeHui Chi KwanChan Kit Yin AUDIT COMMITTEE Lam Siu Lun, Simon(Chairman)Leung Wai Ki, GeorgeHui Chi KwanChan Kit Yin REMUNERATION COMMITTEE Lam Siu Lun, Simon(Chairman)Leung Wai Ki, GeorgeHui Chi KwanChan Kit YinJames Ngai NOMINATION COMMITTEE Hui Chi Kwan(Chairman)Lam Siu Lun, SimonLeung Wai Ki, GeorgeChan Kit YinJames Ngai COMPANY SECRETARYChan Tsz Lok PRINCIPAL BANKERSThe Hongkong and Shanghai Banking Corporation LimitedChina Construction Bank (Asia) Corporation Limited CORPORATE INFORMATION公司資料 AUDITOR 22 PricewaterhouseCoopersCertified Public Accountants and Registered PIE Auditor22nd Floor, Prince’s BuildingCentral, Hong Kong 2311 LEGAL ADVISER Wilkinson & Grist11/F, Great Eagle Centre23 Harbour Road, Hong Kong REGISTERED OFFICE Clarendon House2 Church StreetHamilton HM 11Bermuda Clarendon House2 Church StreetHamilton HM 11Bermuda HEAD OFFICE AND PRINCIPAL PLACE OFBUSINESS IN HONG KONG Suite 1106, 11th Floor1063 King’s RoadQuarry Bay, Hong Kong 1063111106 PRINCIPAL SHARE REGISTRAR Conyers Corporate Services (Bermuda) LimitedClarendon House2 Church StreetHamilton HM 11Bermuda Conyers Corporate Services (Bermuda) LimitedClarendon House2 Church StreetHamilton HM 11Bermuda HONG KONG BRANCH SHARE REGISTRAR 183171712–1716 Computershare Hong Kong Investor Services LimitedUnits 1712–1716, 17th FloorHopewell Centre183 Queen’s Road EastWan Chai, Hong Kong 007382,000 LISTING INFORMATION Listing: The Stock Exchange of Hong Kong LimitedStock Code: 00738Board Size: 2,000 Shares ir@lesaunda.com.hk INVESTOR RELATIONSEmail address: ir@lesaunda.com.hk WEBSITE ADDRESShttp://www.lesaunda.com.hk http://www.lesaunda.com.hk MANAGEMENT’SDISCUSSIONAND ANALYSIS管理層討論及分析 FINANCIAL REVIEW Operating Results LESAUNDAlesaunda MENLINEA ROSA The Group is engaged in the design, development andretailingof ladies’and men’s footwear,handbags andfashionableaccessories in Mainland China.The majorproprietary brands of the Group include LE SAUNDA, lesaunda MEN and LINEA ROSA, which aim to appeal todiversifiedtarget customer groups with their distinctiveproduct lines. In the first half of fiscal year 2025/26, the total revenue of theGroup decreased by 36.0% year-on-year to RMB95,800,000(2024/25:RMB149,600,000).Consolidated gross profitdecreasedby 30.0%year-on-year to RMB55,600,000(2024/25: RMB79,400,000). The Group recorded an overallgross profit margin of 58.0%, representing an increase of4.9 percentage points as compared to the correspondingperiodof last year.During the period under review,consolidated loss attributable to owners of the CompanywasRMB31,400,000(2024/25:consolidated loss ofRMB38,000,000). 36.0%95,800,000149,600,00030.0%55,600,00079,400,0004.958.0%31,400,00038,000,000 MANAGEMENT’S DISCUSSION AND ANALYSIS管理層討論及分析 FINANCIAL REVIEW (CONTINUED) Profitability Analysis D u r i n gt h e p e r i o d u n d e r r e v i e w,f o o t w e a r r e t a i lconsumptionin Mainland China remained sluggish,significantlyimpacting the Group’s sales performance.However, as slow-moving inventory gradually decreased,the Group’s sales mix improved, as a result of a highersalesproportion of new-season products compared tothe previous year, resulting in a year-on-year increase ingross profit margin. Overall, the total revenue of the Groupdecreasedby 36.0%year-on-year to RMB95,800,000(2024/25:RMB149,600,000).Consolidated gross profitde cre ase dby 30.0%to R MB55,600,000(2024/25:RMB79,400,000).Gross profit margin increased by4.9percentage points to 58.0%as compared to thecorresponding period of last year. 36.0%95,800,000149,600,00030.0%55,600,00079,400,0004.958.0% 39.5%50,500,00083,300,0003.052.7%55.7% To cope with the sluggish retail environment, the Groupcontinuedto evaluate its stores,consolidate its salesnetworkand close underper forming outlets to savefixed selling and distribution expenses during the periodunderreview.Hence,selling and distribution expensesdecreasedby 39.5%year-on-year to RMB50,500,000(2024/25:RMB83,300,000).The ratio of selling anddistribution expenses to total revenue decreased by 3.0percentage points to 52.7% (2024/25: 55.7%). During the period under review, general and administrativeexpensesdecreased by 17.6%to RMB34,500,000 ascomparedto the corresponding pe