金至尊集团2025/26年报

DISTRIBUTION NETWORK分銷網絡 DISTRIBUTION NETWORK IN MAINLAND|內地分銷網絡 As at 31 March 2026於2026年3月31日 OPERATIONAL HIGHLIGHTS營運摘要 OPERATIONAL HIGHLIGHTS營運摘要 REVENUE AND SEGMENT LOSS ANALYSIS(Continued)|收入及分部虧損分析（續） RETAIL SALES PERFORMANCE|零售銷售表現 FINANCIAL HIGHLIGHTS財務摘要 CONTENTS目錄 Distribution Network分銷網絡Operational Highlights營運摘要Financial Highlights財務摘要01Corporate Profile企業簡介02Chairman’s Statement主席報告06Management Discussion and Analysis管理層討論及分析25Major Events大事記28Corporate Governance Report企業管治報告57Report of the Directors董事會報告88Independent Auditor’s Report獨立核數師報告98Financial Statements財務報表207Corporate Information公司資料 CORPORATE PROFILE企業簡介 3DG Jewellery is a distinguished jewellery brand from Hong Kong, China and a member of theLuk Fook Group. The brand is mainly engaged in design, product development, and retailing ofgem-set jewellery products under the “3DG Jewellery” name and gold and platinum jewellery,it also provides customized corporate gift services. Since 2003, 3DG Jewellery has established a retail network in Mainland, Hong Kong and Thailand,with over 250 shops, its brand image is deeply recognised and affirmed. Embracing the brandphilosophy of ‘Young at Heart,’ 3DG Jewellery crafts stylish and distinctive pieces. With its uniqueproduct charm and “3DG Prestige Service”, the brand has won the recognition of consumers andcelebrities, while also receiving widespread praise throughout its development. 金至尊珠寶為中國香港品牌，六福集團成員，主要從事設計、研發、銷售以「金至尊」品牌命名的名貴珠寶鑽飾、足金及鉑金飾品，同時提供企業禮品定製服務。 自2003年起，已在內地、香港、泰國建立零售網路。目前集團開設多於250間專營店，品牌形象深受認同和肯定。秉持「Young at Heart心齡無界」的品牌理念，打造時尚獨特的珠寶產品，並以3DG尊享服務獲得大眾消費者及名人明星的青睞。同時，品牌在發展歷程中獲得社會各界的廣泛認同及好評。 CHAIRMAN’S STATEMENT主席報告 WONG Ho Lung, Danny黃浩龍Chairman and Chief Executive Officer主席兼行政總裁 CHAIRMAN’S STATEMENT主席報告 Dear Shareholders, 各位股東： 本人謹代表金至尊集團（國際）有限公司（「本公 司」）及 其 附 屬 公 司（統 稱「本 集 團」或「我們」），謹 此 提 呈 本 集 團 截 至2026年3月31日止 年 度（「2026財 年」或「本 年 度」）之 全 年 業績。 On behalf of 3DG Holdings (International) Limited (the “Company”)and its subsidiaries (collectively referred to as the “Group” or “We”),I hereby present the Group’s annual results for the year ended 31March 2026 (“FY2026” or the “Year”). 於過往年度，本財政年度內，金價呈現急遽上升趨勢，但走勢伴隨著顯著波動。於2025年，金 價 持 續 上 漲，創 下 歷 史 新 高，隨 後 於2026年3月經歷明顯回調。在內地新增值稅政策實施後，黃金原料採購成本上升。儘管如此，此等發展並未大幅削弱內地消費者對黃金產品之需求。美國關稅政策持續影響全球經 濟，中 美 關 係 緊 張。同 時，內 地 政 府 正 著力構建「雙循環」戰略佈局，推出一系列措施以促進內需，並扶持樓市及資本市場。面對這個充滿挑戰的局面，本集團堅定不移致力推 動 其 企 業 策 略、願 景、使 命 及 價 值 觀，善用使六福集團（國際）有限公司（「六福」）取得商業成就的策略框架。憑藉穩健的財務管理及前瞻的業務策略，我們相信即使在充滿挑戰的環境下，本集團仍能持續成長，並為股東及其他持份者創造長期價值。 Over the past year, the gold price experienced a sharpupward trend over the fiscal year, though the trajectory wasmarked by significant volatility. Gold continued its upwardmomentum throughout 2025, attaining record highs beforeundergoing a pronounced correction in March 2026. Followingthe implementation of the new value-added tax policies in theMainland, procurement costs for gold raw materials increased.Nonetheless, these developments did not materially weakenconsumer demand for gold products in the Mainland. U.S. tariffpolicies continue to weigh on the global economy, while China-U.S.relations remain strained. Meanwhile, the Mainland governmenthas been advancing its “dual circulation” strategy, introducing arange of measures to stimulate domestic demand and supportthe property and capital markets. In the face of this challenginglandscape, the Group is steadfast in its commitment to advancingits corporate strategies, vision, mission, and values, leveraginga strategic framework that has contributed to the commercialsuccess of Luk Fook Holdings (lnternational) Limited (“Luk Fook”).With sound financial management and forward-looking businessstrategies, we believe that the Group will continue to grow evenin a challenging environment while creating long-term value forshareholders and other stakeholders. 本 集 團 的 收 入 增 長94%至1,383,624,000港元（2025年：711,541,000港 元）。經 營 虧損 增 加47%至240,670,000港 元（2025年：164,110,000港 元），主 要 由 於 金 價 飆 升，影響黃金貸款的公允值，並導致對沖虧損增加至405,340,000港 元（2025年：169,968,000港元）。撇除黃金對沖虧損後，經調整後經營溢 利#將 為164,670,000港 元，而 上 一 財 政 期間為5,858,000港元。年度虧損增加53%，達到304,976,000港 元（2025年：199,686,000港 元），而 權 益 持 有 人 應 佔 虧 損 增 加61%至152,366,000港 元（2025年：94,864,000港元）。本集團在香港、澳門及海外的業務已由分部虧損轉為盈利。撇除黃金對沖虧損的影響，內地業務的分部溢利則增長逾兩倍。 The Group’s revenue rose 94% to HK$1,383,624,000 (2025:HK$711,541,000). Operating loss increased by 47% toHK$240,670,000 (2025: HK$164,110,000), primarily due to thesurge in gold prices, which affected the fair value of gold loansand resulted in an increase in hedging losses to HK$405,340,000(2025: HK$169,968,000). Excluding gold hedging losses,the adjusted operating profit#would be HK$164,670,000,compared with HK$5,858,000 in the previous financial period.Loss for the year increased by 53% to HK$304,976,000 (2025:HK$199,686,000), while loss attributable to equity holdersincreased by 61% to HK$152,366,000 (2025: HK$94,864,000).The Group’s businesses in Hong Kong, Macao, and overseasturned around from segment loss to profitability. Excl