วัน: 30 กันยายน 2025

Results Highlights- Revenue rose by 4.3% to HK$897.1 million, driven by sustained sales and receivables growth- Profit after tax increased by 37.1% to HK$233.6 million, with a 12.7% decrease in impairment losses and impairment allowances- Cost-to-income ratio improved to 43.8% from 47.0%- Declared interim dividend of 25.0 HK cents per share, representing payout ratio of 44.8%HONG KONG, Sep 30, 2025 - (ACN Newswire via SeaPRwire.com) – AEON Credit Service (Asia) Company Limited ("AEON Credit" or the "Group"; Stock Code: 00900) today announced its unaudited interim results for the six months ended 31st August 2025 ("1HFY2025/26" or the "Reporting Period").Despite persisted headwinds in the Hong Kong economy, the Group achieved a 4.3% increase in revenue year-on-year to HK$897.1 million during the Reporting Period, demonstrating the resilience of its core operations and the effectiveness of measures implemented to sustain sales and receivables growth. As the Group continued to enhance its operational efficiency, its cost-to-income ratio improved to 43.8% from 47.0% for the six months ended 31st August 2024 ("1HFY2024/25" or the "Previous Period"), and its operating profit before impairment losses and impairment allowances rose 11.7% to HK$475.6 million. With a decrease in impairment losses and impairment allowances of 12.7%, the Group’s profit after tax increased by 37.1% to HK$233.6 million (1HFY2024/25: HK$170.4 million).The Board has resolved to declare an interim dividend of 25.0 HK cents per share (1HFY2024/25: 24.0 HK cents per share), representing a dividend payout ratio of 44.8%.In response to the challenging economic environment, the Group adopted a more conservative approach to sales and receivables growth, prioritising maximizing returns from its credit card and personal loan portfolios while mitigating credit risk. Overall sales increased 4.4% in 1HFY2025/26 compared with the Previous Period, driven by growth in credit card sales, which offset the decline in personal loan sales resulting from prudent credit assessment. Gross advances and receivables continued an upward trajectory, increasing 2.7% from 28th February 2025 to 31st August 2025. To address the prevailing high credit default rates in Hong Kong consumer finance market, the Group has implemented robust credit monitoring measures to improve customers’ payment performance and mitigate deterioration in asset quality. Consequently, the percentage of impaired credit (i.e., stage 2 and stage 3 receivables) to gross advances and receivables decreased from 4.2% as of 28th February 2025 to 4.0% as of 31st August 2025.The Group’s marketing strategy effectively reduced advertising costs while maintaining marketing effectiveness and optimising resource allocation. Meanwhile, the launch of Green Personal Loan products further reinforced the Group’s commitment to environmental, social, and governance (ESG) principles. Leveraging the AEON Ecosystem, the Group also capitalised on group synergy through initiatives such as the AEON JCB credit card revamp programme. In information technology, the Group has completed the IP Contact Center (IPCC) project to enhance its call center operations, with ongoing evaluations planned for further efficiency improvements.Looking ahead to the second half of FY2025/26, the Group will focus on sustaining sales and receivables growth, particularly through domestic and online transactions, while refining credit assessment and monitoring processes to ensure a sustainable and high-quality asset portfolio. Marketing strategies will emphasise targeted campaigns, mass promotions, and leveraging incentives to expand market share, particularly among younger demographics. The Group will also pursue revenue diversification by increasing fee-generating transactions and expanding its insurance intermediary businesses.To enhance operational efficiency, the Group plans to accelerate the implementation of Artificial Intelligence tools into back-office operations automating routine tasks such as data processing and credit risk analysis to reduce operational costs and improve accuracy. Credit assessment and portfolio management will be enhanced through an upgraded risk-based methodology designed to identify high-quality customers for additional credit. Advanced models are expected to improve fraud detection and predictive analytics for credit assessments, enabling faster decision-making and optimised resource allocation.Within the AEON Ecosystem, the Group has commenced One AEON project to create an integrated bonus point platform for reward accumulation and redemption. The platform will enable seamless management of rewards earned from AEON Cards and prospective partner merchants, notably AEON Stores (Hong Kong) Limited ("AEON Stores"), via the “AEON HK” and partner merchant’s mobile app, enhancing customers convenience and flexibility, and fostering greater engagement and loyalty across both credit and retail services.Mr. Wei Aiguo, Managing Director of AEON Credit, said, "Our robust results in 1HFY2025/26 underscore our resilience and effective execution of strategic initiatives against a challenging market environment. As we celebrate our 35th anniversary, we continue to be guided by the AEON Vision Statement and the Three Principles of the AEON Group: ‘moving forward hand in hand’, ‘transcending the boundaries between groups and companies’, and ‘building multifaceted connections and creating a future full of smiles together.’ Bolstered by a solid financial foundation and ongoing digital transformation, we are well positioned to capitalise on opportunities in the credit finance market. We will continue to drive business growth in the second half of the year by delivering innovative and customer-centric credit services.”About AEON Credit Service (Asia) Company Limited (Stock Code: 00900)AEON Credit Service (Asia) Company Limited, a subsidiary of AEON Financial Service Co., Ltd. (TSE: 8570) and a member of the AEON Group, was set up in 1987 and listed on the Main Board of The Stock Exchange of Hong Kong Limited in 1995. The Group is principally engaged in the finance business, which includes the issuance of credit cards, personal loan financing, card payment processing services and insurance intermediary business in Hong Kong, and microfinance business in Mainland China.For more information, please visit the company’s website at www.aeon.com.hk. Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

Investment Highlights:- Golden Leaf International is an established E&M (Electrical and Mechanical) engineering contractor with almost 20 years of extensive industry experience, specializing in supply, installation and maintenance of HVAC systems which contributes to over 90% of the Group’s revenue.- For each of the past two financial years, the Group completed over 1,000 projects at different scales. As at 31 July 2025, the Group had 187 projects on hand with backlog value of approximately HK$62.8 million. In addition, the Group has renewed a project for a term of three years commencing from September 2025 with a contract sum expected to be no less than HK$50 million.- For the year ended 31 March 2025, the Group’s revenue increased by approximately 25.6% year-on-year to approximately HK$154.5 million, and the Group’s profit for the year increased by approximately 35.7% to approximately HK$14.1 million. For the year ended 31 March 2025, the Group’s gross profit margin and net profit margin were approximately 20.4% and 9.1%, respectively.- The Group has established business relationships as a main contractor with a wide range of sizeable property managers, reinforcing its solid market position.- The management team has extensive experience in the E&M engineering industry, with Executive Directors boasting over 20-30 years of industry experience.- The Group has developed a cloud-based and customized system “GL ERP” to facilitate efficient project management.- The Group has implemented strict operation systems complying with international standards and certified with ISO 9001:2015 (Quality Management), ISO 14001:2015 (Environmental Management) and ISO 45001:2018 (Occupational Health and Safety Management).HONG KONG, Sep 30, 2025 - (ACN Newswire via SeaPRwire.com) – Golden Leaf International Group Limited ("Golden Leaf International" or the "Company", together with its subsidiaries, the “Group”), a well-established electrical and mechanical ("E&M") engineering contractor in Hong Kong, today announced its listing plan on GEM of Hong Kong Stock Exchange.Before exercising the Offer Size Adjustment Option, the Company plans to offer 100,000,000 shares, with 90% allocated to the Placing and 10% to the Public Offer, at the Offer Price ranging from HK$0.45 to HK$0.65 per Offer Share, which is expected to raise a fund of approximately HK$45 million to HK$65 million.The Public Offer is expected to commence on 30 September 2025 and close at 12:00 noon on 6 October 2025. The allocation results are expected to be announced on or before 9 October 2025. Trading of the Company's shares on GEM is expected to commence on 10 October 2025 under the stock code 8549, with a board lot size of 5,000 shares.Alliance Capital Partners Limited is the Sole Sponsor for the listing. Alliance Capital Partners Limited and CMBC Securities Company Limited are the Joint Overall Coordinators. Alliance Capital Partners Limited, CMBC Securities Company Limited, China Industrial Securities International Capital Limited, First Shanghai Securities Limited, Patrons Securities Limited, Phillip Securities (Hong Kong) Limited, South China Securities Limited, SPDB International Capital Limited and uSmart Securities Limited are Joint Bookrunners and Joint Lead Managers.Golden Leaf International is an established E&M engineering contractor in Hong Kong with almost 20 years of industry experience, specialising in HVAC systems works, which accounted for over 90% of the Group’s revenue. The Group also undertakes electrical systems works, and plumbing and drainage systems works.For each of FY2023/24 and FY2024/25, the Group completed over 1,000 projects at different scales. For the year ended 31 March 2025, the Group’s revenue increased by approximately 25.6% to approximately HK$154.5 million, and profit for the year increased by approximately 35.7% to approximately HK$14.1 million, compared to the previous financial year. The gross profit margin and net profit margin were 20.4% and 9.1%, respectively, for FY2024/25. As at 31 July 2025, the Group had 187 projects on hand with a backlog value of approximately HK$62.8 million. In addition, the Group has renewed a project for a term of three years commencing from September 2025 with a contract sum expected to be no less than HK$50 million.The Group has maintained many years of business relationships with sizable property managers in Hong Kong. Revenue from the top five customers accounted for approximately 64.5% and 68.1% of the Group’s total revenue for the years ended 31 March 2024 and 2025, respectively.The Group’s project portfolio covers commercial properties across Hong Kong Island, Kowloon and the New Territories, including Olympian City in Tai Kok Tsui, China Hong Kong City in Tsim Sha Tsui, Citywalk in Tsuen Wan, Hang Lung Centre in Causeway Bay, Fashion Walk in Causeway Bay, Peak Galleria at the Peak, AIA Tower in North Point, Metro Harbour Plaza in Tai Kok Tsui, The Center in Central, Taikoo Place in Quarry Bay, AIRSIDE in Kai Tak and the Metropolis Tower in Hung Hom.The Company’s management team is experienced and up-to-date with the development of the E&M engineering industry. Mr. Ip Kam Yik, the Chairman of the Board, Chief Executive Officer, Executive Director and one of the founders of the Company, has over 20 years of experience in the E&M engineering industry. Mr. Lui Kwok Kit, Executive Director and one of the founders of the Company, has over 30 years of experience in the E&M engineering industry with extensive on-the-ground experience.The Group has developed a cloud-based "GL ERP" system to facilitate efficient project management, covering tender preparation and approval, project progress monitoring and financial management. Moreover, the Company has implemented strict operation systems complying with international standards and fully certified with ISO 9001:2015 (Quality Management), ISO 14001:2015 (Environmental Management) and ISO 45001:2018 (Occupational Health and Safety Management).The market size for HVAC works in Hong Kong has shown robust growth, driven by urban renewal, sustainability initiatives, and technological advancements. The private sector has been the dominant driver of this growth, expected to grow at a CAGR of approximately 5.8% from 2025 to 2029 reaching approximately HK$8,318.3 million by 2029, reflecting steady demand for upgrades and smart HVAC technologies.The Company intends to use the net proceeds from the Share Offer as follows: approximately 56.1% to finance up-front costs for new projects; approximately 32.6% for recruiting new staff and leasing an additional office; approximately 1.3% for upgrading the "GL ERP" system; and approximately 10% for general working capital purposes.Media Enquiries:Strategic Financial Relations (China) LimitedMs. Anita CHEUNG Tel: (852) 2864 4827Ms. Coco ZHANG Tel: (852) 2864 4830Ms. Alison YIU Tel: (852) 2864 4897Email: sprg-goldenleaf@sprg.com.hk Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com