Imperial International Resources Holdings Limited released its financial results for the year ending March 31, 2024, and no dividends were distributed during the reporting period. The group's revenue sources are diverse, including design, decoration, engineering services, rental of construction equipment, procurement and sales of wine, and financial services. The group recorded a loss of HKD 10.42 million before tax. The group has capital commitments and participates in retirement benefit plans, including mandatory provident fund schemes for Hong Kong employees. Major subsidiaries include China Procurement Creation Co., Ltd., Knight Frank China Property Consultants Limited, etc., involved in investment holding, property investment, lending, and financial services. Transactions with related parties include rental expenses paid to the former major shareholder Superb Rich and commission income...Show More

Imperial International Resources Holdings Limited released its financial results for the year ending March 31, 2024, and no dividends were distributed during the reporting period. The group's revenue sources are diverse, including design, decoration, engineering services, rental of construction equipment, procurement and sales of wine, and financial services. The group recorded a loss of HKD 10.42 million before tax. The group has capital commitments and participates in retirement benefit plans, including mandatory provident fund schemes for Hong Kong employees. Major subsidiaries include China Procurement Creation Co., Ltd., Knight Frank China Property Consultants Limited, etc., involved in investment holding, property investment, lending, and financial services. Transactions with related parties include rental expenses paid to the former major shareholder Superb Rich and commission income from related companies controlled by Superb Rich. The group manages credit risks through credit policies and monitors exposures regularly. The group's financial instruments include loans and interest receivables, trade and other receivables, as well as cash and bank balances. During the reporting period, the group's lease liabilities and other borrowings were fully repaid. The group's retirement benefit plan includes mandatory provident fund contributions for eligible Hong Kong employees.