v3.26.3
SEGMENT REPORTING
 12 Months Ended
Sep. 30, 2025
Segment Reporting [Abstract]  
SEGMENT REPORTING

NOTE 24. SEGMENT REPORTING

 

The CODM reviews financial information of operating segments based on internal management report when making decisions about allocating resources and assessing the performance of the Group. As a result of the assessment made by CODM, the Group has two reportable segments for continuing operations, including security-related engineering services business and security guarding and screening services business. The Group’s CODM evaluates performance based on the operating segment’s revenues and their operating results.

 

The following tables present summary information by segment for the years ended September 30, 2024 and 2025:

 

                        
   For the Year Ended September 30, 2025 
   Security-related
engineering
services		   Security guarding
and screening
services		   Unallocated   Total 
   HK$   HK$   HK$   HK$ 
Revenues   111,862,812    80,523,771    —    192,386,583 
Cost of revenues   (91,244,218)   (70,398,803)   —    (161,643,021)
Gross profit   20,618,594    10,124,968    —    30,743,562 
                     
Employee benefit expenses   (8,885,528)   (6,525,269)   (9,456,447)   (24,867,244)
Depreciation and amortization   (1,319,293)   (1,134,016)   —    (2,453,309)
Advertising and promotion expenses   (192,146)   (65,000)   (6,287,676)   (6,544,822)
Legal and professional fee   (76,958)   (13,612)   (4,188,956)   (4,279,526)
Credit losses   (2,140,000)   (243,000)   —    (2,383,000)
Losses on disposal of property and equipment   (1,998,157)   (10,167)   —    (2,008,324)
Other segment items *    (3,548,603)   (1,503,054)   (3,141,243)   (8,192,900)
Segment operating profit (loss)   2,457,909    630,850    (23,074,322)   (19,985,563)
                     
Reconciliation of segment profit:                    
Other income   30,136    9,955    —    40,091 
Other gains, net   106,253    —    105,094    211,347 
Finance income   108,653    —    646,579    755,232 
Finance cost   (148,878)   —    —    (148,878)
Income tax benefits   618,432    24,862    —    643,294 
Segment profit (loss)   3,172,505    665,667    (22,322,649)   (18,484,477)

 

                     
       For the Year Ended September 30, 2024 
   Security-related
engineering
services		   Security guarding
and screening
services		   Unallocated   Total 
   HK$   HK$   HK$   HK$ 
Revenues   106,954,121    75,210,418    —    182,164,539 
Cost of revenues   (70,735,182)   (63,832,917)   —    (134,568,099 
Gross profit   36,218,939    11,377,501    —    47,596,440 
                     
Employee benefit expenses   (11,213,392)   (5,770,191)   (4,255,157)   (21,238,740)
Depreciation and amortization   (700,610)   (864,261)   —    (1,564,871)
Advertising and promotion expenses   (62,459)   (43,136)   (2,048,268)   (2,153,863)
Legal and professional fee   (14,100)   (19,605)   (5,413,176)   (5,446,881)
Credit losses   3,190,000    (32,000)   —    3,158,000 
Losses on disposal of property and equipment   (636,289)   —    —    (636,289)
Other segment items *    (3,343,924)   (1,229,255)   (4,209,014)   (8,782,193)
Segment operating profit   23,438,165    3,419,053    (15,925,615)   10,931,603 
                     
Reconciliation of segment profit:                    
Other income   1,000    71,238    —    72,238 
Other gains (losses), net   437,305    —    (89,798)   347,507 
Finance income   148,182    —    651,449    799,631 
Finance cost   (109,360)   (80,389)   —    (189,749)
Income tax expenses   (1,340,506)   32,764    —    (1,307,742)
Segment profit (loss)   22,574,786    3,442,666    (15,363,964)   10,653,488 

 

* For the reportable segment, the other segment items category primarily includes expenses relating to short-term leases and low-value assets, insurance, building management fees, utilities, travelling expenses, and other miscellaneous expenses.

 

The Group’s revenue was derived in Hong Kong. The Group’s long-lived assets are situated in Hong Kong. The asset information by reportable segments is not regularly provided to the CODM as it is not utilized in the assessment of performance and allocation of resources. Consequently, the disclosure of asset information is not mandated for reportable segments.