The principal activities of the Group are provision of financial leasing and other financial services, provision of consultancy services, advertising and media related services, provision of project management services, travel agency and related operations.
The Group's profit attributable to shareholders for the 6 months ended 30-09-2019 amounted to HKD 10.04 million. Basic earnings per share was HKD 0.0028. No dividend declared. Turnover amounted to HKD 436.9 million, an increase of 7.96X over the same period last year, gross profit margin up 2.6% to 17.9%. (Announcement Date: 12 Nov 2019)
Business Review - For the six months ended September 30, 2019
Publication, purchase and distribution of books
During the Period, the revenue contributed by such segment was approximately HK$386.3 million, mainly from publication, purchase and distribution of books in PRC. The Group accepted a trust loan with a principal amount of RMB500 million from a third party independent of and not connected with the Company and its connected persons to develop this newly added business. The Group also commenced business cooperation with Beijing Feiyang Shidai Cultural Industry Co., Ltd.*（北京飛揚時代文化產業有限公司）which includes the publication and distribution of books and the development and establishment of relevant cultural media channels in Shanghai and other provinces and cities in Eastern China.
Advertising and media related services
During the Period, the revenue contributed by such segment was approximately HK$50.4 million (2018: HK$46.0 million), mainly from advertising and media services projects in Hong Kong and the PRC.
Provision of Financial Leasing and other Financial Services
During the Period, the revenue contributed by such segment was approximately HK$0.2 million (2018: HK$2.8 million), mainly from other financial services and financial leasing in the PRC.
Business Outlook - For the six months ended September 30, 2019
The management of the Company will promote the business development of three segments under the leadership of the Board according to the resolutions and direction of the Board, so as to form a good business layout.
Firstly, regarding the publication, purchase and distribution of books business, the Company will continue to expand the scale of its book business to strive for larger growth in sales in the future, as well as actively advancing the cooperation with Shanghai Juvenile & Children’s Publishing House Co., Ltd.*（上海少年兒童出版社有限公司）and Base Media Technology Group Limited（倍視傳媒科技集團有限公司）to commence the relevant cooperation as soon as possible.
For the environmental protection investment, the Company will orderly promote the development of environmental protection business. Currently, a number of environmental protection projects are under research and technology discussion, and the Company is striving to achieve a breakthrough as soon as possible.
Finally, the financial business has also been actively promoted, the Company has carried out preliminary discussion with an environmental protection industry fund that has been in cooperation with various well-known institutions.
Source: Dadi Intl Group (08130) Interim Results Announcement