Financial Performance - The group recorded revenue of HKD 77,524,000 for the three-month period, a decrease of 7.54% compared to the same period in 2018, attributed to the traditional off-peak season, particularly from business obtained from the Macau government[3] - Gross profit was HKD 11,920,000, resulting in a gross margin of 15.38%, primarily due to most revenue coming from lower-margin hardware sales[3] - The group incurred an operating loss of HKD 13,125,000, compared to an operating loss of HKD 5,190,000 in the same period last year[6] - Net loss before tax was HKD 12,013,000, with a net loss attributable to equity holders of the company amounting to HKD 11,316,000[6] - The basic loss per share for the period was HKD (1.84), compared to HKD (0.72) for the same period last year[6] - The group recorded revenue of HKD 77,524,000 for the three-month period, a decrease of 7.54% compared to the same period last year[21] - Gross profit for the three-month period was HKD 11,920,000, resulting in a gross margin of 15.38%[21] - The group incurred a net loss of HKD 12,013,000 during the three-month period, an increase in loss compared to the same period last year[21] Cash and Assets - Cash and cash equivalents, along with financial instruments, totaled HKD 151,053,000, representing approximately 40% of the group's total assets[3] - The group maintained a strong capital structure with cash and cash equivalents totaling HKD 151,053,000, representing approximately 40% of total assets[21] Business Development - The company was awarded a significant project by a gaming operator to establish a monitoring system and support network infrastructure for a new integrated resort under construction in Cotai[3] - The mainland China business continued to perform steadily, generating over HKD 16,000,000 in projects for a leading internet value-added service provider and several leading network communication service providers[3] - The group is focused on expanding its market presence and enhancing its product offerings through new technology developments[3] - The group secured a significant contract valued at over HKD 42,000,000 for the supply and installation of a traffic detection system as part of a smart traffic system project[17] - New orders worth HKD 16,000,000 were obtained from various sectors, including banks and government departments, during the three-month period[18] - The group focused on completing various projects obtained from the Macau government, including the installation of monitoring systems and low-voltage systems[17] Corporate Governance - The company is a wholly-owned subsidiary of Vodatel Holdings Limited, registered in the British Virgin Islands[40] - The company has a share capital of ordinary shares with a par value of HKD 0.10 each[40] - The company is subject to the GEM Listing Rules established by the Hong Kong Stock Exchange[38] - The company operates in the Macau region and is involved in telecommunications[39] - The company has key shareholders who control 10% or more of the voting rights at the company's general meetings[40] - The executive directors and independent non-executive directors are listed, indicating a structured governance[39] - The company has no significant changes in its shareholding structure during the reporting period[36] - The company is focused on maintaining compliance with the Securities and Futures Ordinance in Hong Kong[40] Shareholder Activity - The board does not recommend the payment of an interim dividend for the three-month period[3] - The company did not redeem any shares during the three-month period[36] - There were no purchases or sales of shares by the company or any of its subsidiaries during the three-month period[36] Market Conditions - The group is closely monitoring developments regarding the potential sale of TTSA, which has shown continued weak performance since the entry of new telecom operators[20] - TTSA reported revenue of HKD 47,515,000, a decline of 6.57% compared to the last quarter of 2018[20] - Average wage growth was 3% to keep pace with inflation and maintain competitiveness, while total sales, marketing, and administrative expenses remained stable at around HKD 25,000,000[21]

VODATEL | --- | --- | --- | --- | |-------|----------------|-------|-------| | | 我，們，一，起 | | | | 聖 | 持 | 興 | 盛 | l 八年 年 報 ) GEM的特色 GEM的定位，乃為中小型公司提供一個上市的市場，此等公司相比起其他在主板上市的公司帶 有較高投資風險。有意投資的人士應了解投資於該等公司的潛在風險，並應經過審慎周詳的考 慮後方作出投資決定。 由於GEM上市公司普遍為中小型公司，在GEM買賣的證券可能會較於主板買賣之證券承受較 大的市場波動風險，同時無法保證在GEM買賣的證券會有高流通量的市場。 香港交易及結算所有限公司（在香港註冊成立的有限公司）及聯交所對本報告之內容概不負責， 對其準確性或完整性亦不發表任何聲明，並明確表示概不就因本報告全部或任何部分內容而產 生或因倚賴該等內容而引致之任何損失承擔任何責任。 本報告的資料乃遵照《GEM上市規則》而刊載，旨在提供有關本公司的資料；董事願就本報告的 資料共同及個別地承擔全部責任。各董事在作出一切合理查詢後，確認就其所知及所信，本報 告所載資料在各重要方面 ...