Revenue Performance - Revenue for the six months ended June 30, 2024, was HKD 93,037,000, representing a 39.9% increase from HKD 66,474,000 in the same period of 2023[2] - For the six months ended June 30, 2024, the total revenue was HKD 93,037,000, a significant increase of 39.9% compared to HKD 66,474,000 for the same period in 2023[9] - Total revenue from major customers exceeding 10% of the group's total revenue amounted to HKD 10,837,000 for Customer A as of June 30, 2024[11] - The group’s revenue from Hong Kong accounted for approximately 87.2% of total revenue, up from 85.0% in the previous year[41] - Total revenue for the group increased by approximately HKD 26,563,000 or 40.0%, from approximately HKD 66,474,000 for the six months ended June 30, 2023, to approximately HKD 93,037,000 for the six months ended June 30, 2024[32] Segment Performance - The recruitment services segment in Hong Kong generated revenue of HKD 26,352,000, down 24.0% from HKD 34,750,000 in the previous year[9] - The dispatch and payroll services segment in Hong Kong saw a substantial increase in revenue to HKD 54,803,000, up 152.0% from HKD 21,725,000 in the prior year[9] - Revenue from Hong Kong recruitment services decreased by approximately HKD 8,398,000 or 24.2%, while revenue from dispatch and payroll services increased significantly by approximately HKD 33,102,000 or 142.9%[32] - Revenue from mainland China recruitment services remained relatively stable at approximately HKD 8,457,000 for the six months ended June 30, 2024, compared to approximately HKD 8,425,000 in the same period of 2023[35] - Revenue from Singapore's recruitment market increased significantly from approximately HKD 127,000 to about HKD 1,954,000, representing a growth of 1,438.6% year-on-year[37] Financial Performance - The net loss for the period was HKD 2,466,000 compared to a profit of HKD 1,127,000 in the previous year, indicating a shift in performance[2] - Basic and diluted loss per share was HKD 0.31, compared to earnings of HKD 0.14 per share in the previous year[2] - The company reported a total comprehensive income of HKD 812,000 for the six months ended June 30, 2023, which decreased to HKD 11,635,000 for the same period in 2024[5] - The group recorded a net loss of approximately HKD 2,466,000 for the six months ending June 30, 2024, compared to a profit of HKD 1,127,000 in the same period of 2023, primarily due to a decline in Hong Kong recruitment service revenue[47] - Other expenses and losses rose to approximately HKD 15,579,000 from HKD 13,732,000, primarily due to business expansion costs in Hong Kong, mainland China, and Singapore[44] Asset and Liability Management - Non-current assets decreased to HKD 8,914,000 from HKD 11,847,000, a decline of 24.8%[3] - Current assets decreased to HKD 63,593,000 from HKD 68,639,000, a reduction of 7.4%[3] - Current liabilities decreased to HKD 12,377,000 from HKD 17,574,000, a decrease of 29.5%[4] - The company's total equity decreased to HKD 58,536,000 from HKD 61,229,000, reflecting a decline of 4.4%[4] - The total assets as of June 30, 2024, amounted to HKD 58,536,000, compared to HKD 66,619,000 as of June 30, 2023[5] Cash Flow and Liquidity - The net cash used in operating activities for the six months ended June 30, 2024, was HKD (7,994,000), compared to HKD 1,940,000 generated in the same period of 2023[6] - The cash and cash equivalents at the end of June 30, 2024, were HKD 23,421,000, down from HKD 35,844,000 at the end of June 30, 2023[6] - As of June 30, 2024, the group had cash and bank balances of approximately HKD 23,421,000, down from HKD 34,668,000 as of December 31, 2023[49] - The current ratio as of June 30, 2024, was approximately 5.1 times, an increase from 3.9 times as of December 31, 2023[49] - The debt-to-equity ratio was 4.4% as of June 30, 2024, down from 7.2% as of December 31, 2023[49] Employee and Management Costs - Employee costs rose significantly to HKD 80,511,000, up from HKD 50,811,000, reflecting a 58.6% increase[2] - The total compensation for key management personnel was HKD 3,722,000 for the six months ended June 30, 2024, compared to HKD 4,124,000 for the same period in 2023, a decrease of 9.7%[30] - Employee costs amounted to approximately HKD 80,511,000, representing 86.5% of revenue, an increase from HKD 50,811,000 or 76.4% in the previous year[43] - The total number of dispatched employees increased significantly to 671 from 271 in the previous year, contributing to a rise in dispatch employee costs by approximately HKD 29,492,000 or 144.8%[43] - The accrued payroll expenses were HKD 7,726,000 as of June 30, 2024, compared to HKD 10,605,000 as of December 31, 2023, reflecting a decrease of 27.8%[24] Strategic Initiatives - The company plans to continue expanding its dispatch and payroll services, particularly in Hong Kong and Macau, to leverage the growth in demand[10] - The group aims to expand its service offerings in Southeast Asia and other regions in China, focusing on comprehensive human resource solutions[31] - The company plans to establish an office in Shanghai in 2024 to capture new business opportunities in mainland China[36] - The company is committed to expanding its human resources services and providing innovative solutions to meet changing customer needs[38] - The company will strengthen its internal marketing teams in Hong Kong and mainland China to enhance brand recognition through digital and social media platforms[38] Governance and Compliance - The company has complied with the corporate governance code except for the absence of an independent non-executive director at the annual general meeting due to personal matters[65] - The Audit Committee has reviewed the unaudited condensed consolidated financial statements for the six months ending June 30, 2024[67] - The Audit Committee consists of three independent non-executive directors, with Mr. Pan Kai Jian as the chairman[67] - The main responsibilities of the Audit Committee include reviewing financial statements and overseeing internal control procedures[67] - The company has confirmed compliance with the trading rules for directors for the six months ending June 30, 2024[66]

Financial Performance - For the year ended December 31, 2023, the total revenue was HKD 143,566,000, representing an increase of 13.93% compared to HKD 125,965,000 for the year ended December 31, 2022[5]. - The company reported a net loss of HKD 4,157,000 for the year ended December 31, 2023, compared to a profit of HKD 14,047,000 in the previous year, indicating a significant decline in profitability[5]. - The company reported a loss before tax of HKD 4,157,000 for the year ending December 31, 2023, compared to a profit of HKD 14,047,000 in 2022[40]. - The group recorded a net loss of approximately HKD 4,157,000 and total comprehensive expenses of about HKD 4,578,000 for the year ended December 31, 2023, compared to a net profit of approximately HKD 14,047,000 for the previous year[77]. - Total revenue for the year ending December 31, 2023, increased by approximately HKD 17,601,000 or 14.0% to about HKD 143,566,000 compared to the previous year[49]. Revenue Breakdown - Revenue from recruitment services in Hong Kong decreased to HKD 67,873,000 in 2023 from HKD 78,150,000 in 2022, a decline of about 13.3%[29]. - Revenue from dispatch and payroll services in Hong Kong increased significantly to HKD 56,005,000 in 2023 from HKD 23,429,000 in 2022, marking a growth of approximately 139%[29]. - Revenue from recruitment services decreased, primarily due to adjustments in the job market supply and demand dynamics in Hong Kong and Mainland China[65]. - Recruitment service revenue in Hong Kong decreased by approximately HKD 10,277,000 or 13.2% to approximately HKD 67,873,000 for the year ended December 31, 2023, down from approximately HKD 78,150,000 for the year ended December 31, 2022[66]. - Recruitment revenue from mainland China decreased by approximately HKD 5,434,000 or 24.7% to about HKD 16,551,000 for the year ending December 31, 2023[56]. Employee Costs - Employee costs increased to HKD 119,613,000 from HKD 88,201,000, reflecting a rise of 35.66% year-on-year[5]. - Total employee costs rose to HKD 119,613,000 in 2023 from HKD 88,201,000 in 2022, reflecting an increase in salaries and benefits[35]. - Employee costs, including director remuneration, were approximately HKD 119,613,000 for the year, up from approximately HKD 88,201,000 in 2022[90]. Assets and Liabilities - Total assets decreased to HKD 68,639,000 as of December 31, 2023, down from HKD 75,627,000 in 2022, showing a decline of 9.66%[7]. - The company's cash and cash equivalents decreased to HKD 34,668,000 from HKD 42,734,000, a reduction of 18.93%[7]. - The total equity decreased to HKD 61,229,000 in 2023 from HKD 65,807,000 in 2022, representing a decline of 6.93%[8]. - The company’s non-current assets decreased to HKD 11,847,000 from HKD 16,045,000, a decline of 26.06%[7]. - The company’s current liabilities decreased to HKD 17,574,000 from HKD 21,850,000, a reduction of 19.93%[7]. Other Income and Expenses - The company reported other income of HKD 1,324,000, down from HKD 2,419,000, indicating a decrease of 45.49%[5]. - Other income decreased to HKD 1,324,000 in 2023 from HKD 2,419,000 in 2022, with significant drops in government subsidies from HKD 2,116,000 to HKD 233,000 and investment income from HKD 41,000 to HKD 21,000[32]. - Total other expenses and losses increased by approximately HKD 6,031,000 or 27.1%, reaching about HKD 28,289,000 for the year ended December 31, 2023[74]. Corporate Governance and Compliance - The company has complied with the corporate governance code as per GEM listing rules for the year ending December 31, 2023[99]. - The financial statements for the year ending December 31, 2023, have been reviewed and confirmed by the auditor, Debo CPA Limited[100]. - The audit committee, consisting of three independent non-executive directors, has reviewed the consolidated financial statements and the annual performance announcement[103]. - The board of directors includes three executive directors and three independent non-executive directors, ensuring a balanced governance structure[105]. Future Outlook and Strategy - The company aims to expand its operations in mainland China and Southeast Asia, with a focus on becoming a leading HR service provider in these regions[46]. - The company plans to establish an office in Shanghai in 2024 to capture new business opportunities and expand its market coverage in Mainland China[57]. - The company intends to maintain a healthy cash flow and manage liquidity prudently while enhancing its internal marketing teams in Hong Kong, Mainland China, and Singapore[60]. - The company recognizes the significant potential in the human resources services market in Hong Kong, Mainland China, and Southeast Asia, with plans to consider expansion into other cities under suitable conditions[59]. - The company is committed to creating long-term value and enhancing corporate social value as a listed company and human resources service provider[60].

Financial Performance - For the three months ended September 30, 2023, the company reported revenue of HKD 39,150,000, a 18.5% increase from HKD 33,020,000 in the same period of 2022[3] - For the nine months ended September 30, 2023, total revenue reached HKD 105,624,000, up 11.5% from HKD 94,795,000 year-on-year[3] - The company's profit before tax for the three months ended September 30, 2023, was HKD 1,339,000, a decrease of 81.8% compared to HKD 7,354,000 in the same quarter of 2022[3] - The net profit for the nine months ended September 30, 2023, was HKD 2,133,000, down 88.5% from HKD 18,518,000 in the same period of 2022[3] - The company reported a total comprehensive income of HKD 930,000 for the three months ended September 30, 2023, compared to HKD 5,858,000 in the same period of 2022[3] - Total comprehensive income for the nine months ended September 30, 2023, decreased by approximately HKD 16,132,000 or 90.3% to approximately HKD 1,742,000 compared to HKD 17,874,000 for the same period in 2022[40] Revenue Breakdown - Revenue from recruitment services in Hong Kong for the three months ended September 30, 2023, was HKD 20,473,000, a decrease of 10.6% from HKD 22,769,000 in the previous year[12] - The company reported a significant increase in revenue from dispatch and payroll services in Hong Kong, which rose to HKD 13,816,000 for the three months ended September 30, 2023, compared to HKD 5,201,000 in the same period of 2022[12] - For the nine months ended September 30, 2023, revenue from recruitment services decreased by approximately HKD 9,503,000 or 12.3%, while revenue from dispatch and payroll services significantly increased by approximately HKD 20,332,000 or 117.6%[22] - Recruitment service revenue decreased by approximately HKD 9,503,000 or 12.3% to about HKD 68,001,000 for the nine months ended September 30, 2023, from HKD 77,504,000 in the previous year[30] - The revenue from dispatch and payroll services increased by approximately HKD 20,332,000 or 117.6% to about HKD 37,623,000 for the nine months ended September 30, 2023[31] Employee Costs - Employee costs for the three months ended September 30, 2023, increased to HKD 31,327,000, a 58.5% rise from HKD 19,759,000 in the previous year[3] - Employee costs rose to approximately HKD 82,138,000 for the nine months ended September 30, 2023, representing 77.8% of total revenue, compared to 60.4% in the previous year[34] - The decrease in comprehensive income is attributed to three main factors: (i) a reduction in recruitment service revenue reflecting changes in the employment market dynamics; (ii) increased employee costs due to expansion and hiring in Hong Kong and Singapore; and (iii) the Singapore business is still in its early stages and requires time to establish in the local market[40] Future Outlook and Strategy - The company has not disclosed specific future outlook or guidance in the provided documents[3] - The company aims to capture more business opportunities through its agile teams in Hong Kong and mainland China, despite challenges in the recruitment industry[20] - The company plans to focus on industries with recovery potential and invest in dedicated teams for recruitment services in Hong Kong, mainland China, and Singapore[29] - The company is focusing on enhancing its team in mainland China to adapt to the rapidly changing environment and maintain high-quality professional services[24] Corporate Governance - The company has complied with the corporate governance code as set out in the GEM Listing Rules during the nine months ended September 30, 2023[55] - All directors confirmed compliance with the trading standards and the relevant code of conduct for securities transactions during the nine months ended September 30, 2023[56] - The Audit Committee was established on September 13, 2018, in accordance with GEM Listing Rule 5.28 and is currently composed of three independent non-executive directors[57] - The main responsibilities of the Audit Committee include reviewing and supervising financial statements and financial reporting, as well as monitoring internal control procedures and risk management systems[58] - The Audit Committee has reviewed the unaudited condensed consolidated financial statements for the nine months ended September 30, 2023, and provided opinions and recommendations on them[58] Shareholder Information - As of September 30, 2023, KJE Limited and Caiden Holdings Limited each hold 600,000,000 shares, representing approximately 75% of the issued share capital[47] - The shares held by KJE Limited are owned by Mr. Chan Ka Kin, Mr. Chan Ka On, and Mr. Chan Ka Sing, each holding approximately 33.33%[45] - No share options have been granted, exercised, cancelled, or lapsed under the share option scheme since its adoption on September 13, 2018, and there are no unexercised share options as of September 30, 2023[50] - The company and its subsidiaries did not purchase, sell, or redeem any of the company's listed securities during the nine months ended September 30, 2023[53] Dividends - The board did not recommend the payment of an interim dividend for the nine months ended September 30, 2023, compared to no dividend in 2022[18] - The board does not recommend the payment of an interim dividend for the nine months ended September 30, 2023[41]

KOS International Holdings Limited 高 奧 士 國 際 控 股 有 限 公 司 （於開曼群島註冊成立之有限公司） （股份代號：8042） 截 至 二 零 二 三 年 九 月 三 十 日 止 九 個 月 之 第 三 季 度 業 績 公 告 香港聯合交易所有限公司（「聯交所」）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聯 交所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及聯交所對本公告之內容概不負責，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公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。 本公告的資料乃遵照聯交所《GEM證券上市規則》（「GEM上市規則」）而刊載， 旨在提供有關高奧士國際控股有限公司（「本公司」）的資料；本公司的董事（「董 事」 ...

Financial Performance - For the three months ended June 30, 2023, the company reported revenue of HKD 35,383,000, representing a 8.5% increase from HKD 32,525,000 in the same period of 2022[4] - For the six months ended June 30, 2023, the company achieved revenue of HKD 66,474,000, up 7.5% from HKD 61,775,000 in the prior year[4] - The company's net profit for the six months ended June 30, 2023, was HKD 1,127,000, a decrease of 9.1% compared to HKD 12,378,000 for the same period in 2022[4] - The total comprehensive income for the six months ended June 30, 2023, was HKD 812,000, down from HKD 12,016,000 in the previous year[4] - The company reported a basic and diluted earnings per share of HKD 0.14 for the six months ended June 30, 2023, compared to HKD 1.55 for the same period in 2022[4] - The company reported a net profit of HKD 12,378,000 for the six months ended June 30, 2023, compared to HKD 7,436,000 for the same period in 2022, representing a 66.5% increase[27] - The basic earnings per share for the six months ended June 30, 2023, was HKD 15.47, compared to HKD 9.30 for the same period in 2022[27] - Total comprehensive income decreased by approximately HKD 11,204,000 or 93.2%, from approximately HKD 12,016,000 for the six months ended June 30, 2022, to approximately HKD 812,000 for the same period in 2023[72] Cash Flow and Assets - The company's cash and cash equivalents at the end of June 30, 2023, were HKD 35,844,000, a decrease from HKD 38,567,000 at the end of June 30, 2022[9] - Operating cash flow for the six months ended June 30, 2023, was HKD 1,940,000, down from HKD 5,424,000 in the same period of 2022[9] - The company's total assets as of June 30, 2023, were HKD 86,292,000, compared to HKD 91,672,000 as of December 31, 2022[5] - The company's total liabilities decreased to HKD 19,673,000 as of June 30, 2023, from HKD 25,865,000 as of December 31, 2022[6] - The company’s net asset value increased to HKD 66,619,000 as of June 30, 2023, from HKD 65,807,000 as of December 31, 2022[6] - As of June 30, 2023, accounts receivable amounted to HKD 23,520,000, a decrease of 6.9% from HKD 25,294,000 as of December 31, 2022[32] - The total amount of accounts receivable and other receivables was HKD 27,486,000, down from HKD 29,485,000, reflecting a decline of 6.8%[32] - The company reported a bank overdraft of HKD 5,961,000 as of June 30, 2023, slightly down from HKD 5,996,000 as of December 31, 2022[41] Revenue Breakdown - Recruitment services in Hong Kong generated revenue of HKD 34,750,000, a decrease of 2.4% from HKD 35,624,000 in the previous year[18] - The dispatch and payroll services in Hong Kong saw a significant increase in revenue to HKD 21,725,000, up 110.5% from HKD 10,309,000 in the same period last year[18] - Revenue from recruitment services decreased by approximately HKD 6,963,000 or 13.9% to approximately HKD 43,302,000, while revenue from dispatch and payroll services increased significantly by approximately HKD 11,662,000 or 101.3% to approximately HKD 23,172,000[54][64] - The revenue from Hong Kong accounted for approximately 85.0% of the total revenue, up from 74.4% in the previous year[64] Expenses and Costs - Employee costs increased to approximately HKD 50,811,000 for the six months ended June 30, 2023, from approximately HKD 37,499,000 for the same period in 2022, representing a rise of about 35.4%[67] - The cost of dispatched employees rose by approximately HKD 9,979,000 or 96.1%, while internal employee costs increased by approximately HKD 3,333,000 or 12.3%[67] - Total financing costs for the six months ended June 30, 2023, were HKD 169,000, a decrease of 8.2% from HKD 184,000 in the same period last year[22] - Other expenses and losses increased from approximately HKD 10,133,000 to approximately HKD 13,732,000, an increase of about HKD 3,599,000[69] Corporate Governance and Shareholding - The company did not recommend any interim dividend for the six months ended June 30, 2023, consistent with the previous year[28] - The group had no significant investments or plans for major investments or capital assets as of June 30, 2023[80] - As of June 30, 2023, the company’s directors and senior management collectively hold 600,000,000 shares, representing 75% of the issued share capital[87] - KJE Limited and Caiden Holdings Limited each hold 600,000,000 shares, also accounting for 75% of the issued share capital[91] - The shares held by KJE Limited are distributed among three individuals, each owning approximately 33.33%[89] - No stock options have been granted, exercised, canceled, or lapsed under the stock option plan since its adoption[97] - The company did not purchase, sell, or redeem any of its listed securities during the six months ending June 30, 2023[99] - The company has complied with the corporate governance code as per GEM Listing Rules during the reporting period[101] - There are no arrangements for directors to acquire shares or bonds of the company or its affiliates as of June 30, 2023[98] - No significant changes in shareholding have been reported outside of the disclosed interests of directors and senior management[93] - The company has not disclosed any interests or short positions in its securities by any other individuals as of June 30, 2023[93] - There are no competitive interests held by directors or controlling shareholders that could directly or indirectly compete with the company's business[100] - The board of directors confirmed compliance with the trading standards and guidelines for securities transactions as of June 30, 2023[103] - The audit committee, consisting of three independent non-executive directors, oversees financial reporting and internal control systems[104] - The unaudited condensed consolidated financial statements for the six months ended June 30, 2023, were reviewed by the audit committee[104] Future Outlook and Strategy - The company aims to expand its human resources services in regions beyond the Greater Bay Area, including other parts of China and Southeast Asia[51] - The company has established offices in Singapore, enhancing its presence in Southeast Asia[51] - The company is focusing on building its team in mainland China and providing additional training to adapt to the rapidly changing environment[56][58] - The company plans to explore expansion opportunities in Southeast Asia and other cities when conditions are favorable[59][61] - The company aims to maintain a strong cash flow and manage liquidity prudently while seeking opportunities for growth in the financial services and IT sectors in Hong Kong and mainland China[62] - The company is committed to enhancing its internal marketing team to improve brand awareness through digital and social media platforms[62] - The company remains cautiously optimistic about its overall performance in 2023, despite uncertainties in the economic recovery[59][61]

KOS International Holdings Limited 高 奧 士 國 際 控 股 有 限 公 司 （於開曼群島註冊成立之有限公司） （股份代號：8042） 截 至 二 零 二 三 年 六 月 三 十 日 止 六 個 月 之 中 期 業 績 公 告 香港聯合交易所有限公司（「聯交所」）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聯 交所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及聯交所對本公告之內容概不負責，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公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。 本公告的資料乃遵照聯交所《GEM證券上市規則》（「GEM上市規則」）而刊載， 旨在提供有關高奧士國際控股有限公司（「本公司」）的資料；本公司的董事（「董 事」）願就本 ...

Financial Performance - The company's revenue for the first quarter of 2023 was HKD 31,091,000, an increase of 6.3% compared to HKD 29,250,000 in the same period of 2022[4] - The company reported a loss before tax of HKD 517,000, a decrease from a profit of HKD 5,513,000 in the same quarter of 2022[4] - The net loss for the period was HKD 715,000, compared to a profit of HKD 4,942,000 in the previous year[4] - Total comprehensive income for the period was a loss of HKD 617,000, down from a total comprehensive income of HKD 4,985,000 in the same quarter of 2022[4] - The company reported a basic loss per share of HKD (715,000) for the three months ended March 31, 2023, compared to a profit of HKD 4,942,000 for the same period in 2022[18] - Total comprehensive income for the three months ended March 31, 2023, resulted in a net loss of approximately HKD 617,000, a decrease of approximately HKD 5,602,000 from a net profit of HKD 4,985,000 in the same period of 2022[43] Revenue Segmentation - The recruitment services segment in Hong Kong generated HKD 16,889,000, up from HKD 16,469,000, while the segment in China decreased to HKD 3,530,000 from HKD 7,466,000[14] - The dispatch and payroll services segment in Hong Kong saw significant growth, increasing to HKD 9,992,000 from HKD 4,762,000, and the segment in Macau rose to HKD 680,000 from HKD 553,000[14] - Revenue from Hong Kong's recruitment services increased slightly by approximately HKD 420,000 or 2.6% to approximately HKD 16,889,000 for the three months ended March 31, 2023, compared to approximately HKD 16,469,000 for the same period in 2022[26] - Revenue from Hong Kong's dispatch and payroll services surged by approximately HKD 5,230,000 or 109.8% to approximately HKD 9,992,000 for the three months ended March 31, 2023, compared to approximately HKD 4,762,000 for the same period in 2022[26] - Recruitment service revenue decreased by approximately HKD 3,516,000 or 14.7% to HKD 20,419,000, primarily due to adjustments in the recruitment service market in mainland China[35] - The revenue from dispatch and payroll services increased by approximately HKD 5,357,000 or 100.8% to HKD 10,672,000, attributed to the expansion of the dispatch team and new strategies focusing on higher-margin clients[35] - The revenue from Hong Kong accounted for approximately 86.5% of total revenue for the three months ended March 31, 2023, compared to 72.6% in the same period of 2022[35] Employee Costs - Employee costs increased to HKD 24,390,000 from HKD 17,843,000, reflecting a rise of 36.5%[4] - Employee costs for the three months ended March 31, 2023, were approximately HKD 24,390,000, representing 78.4% of total revenue, compared to 61.0% in the same period of 2022[36] Corporate Governance and Compliance - The company confirmed that the financial statements were prepared in accordance with Hong Kong Financial Reporting Standards and GEM Listing Rules[11] - The audit committee has reviewed the unaudited condensed consolidated financial statements for the three months ended March 31, 2023, and provided recommendations[63] - The company has complied with the corporate governance code as stipulated in the GEM Listing Rules during the three months ended March 31, 2023[58] - The company has confirmed that all directors have adhered to the trading standards and guidelines for securities transactions during the three months ended March 31, 2023[60] - No interests were held by directors or major shareholders in any business that directly or indirectly competes with the company's operations during the three months ended March 31, 2023[57] Strategic Initiatives - The company has established an office in Singapore to expand its service offerings and revenue base[21] - The company aims to become a leading human resources service provider in Hong Kong, mainland China, and Southeast Asia, with plans to expand its team and services[20] - The company is focusing on high-margin new clients in its dispatch and payroll services to enhance profitability[26] - The company is investing additional resources to build its mainland China team and provide more training to adapt to the changing environment[27] - The company is following the development plan of the Guangdong-Hong Kong-Macao Greater Bay Area, increasing business in technology, consumption, and real estate sectors in Shenzhen and Guangzhou[28] - The company plans to focus on developing industries with recovery potential and invest in dedicated teams in Hong Kong and mainland China[31] - The company maintains a cautious optimism regarding its overall performance in 2023, while actively exploring opportunities for business expansion[32] Shareholding Structure - As of March 31, 2023, the company's directors and senior executives collectively hold 600,000,000 shares, representing approximately 75% of the issued share capital[46] - KJE Limited and Caiden Holdings Limited each hold 600,000,000 shares, also accounting for approximately 75% of the issued share capital[50] - The shareholding structure indicates that each of the three directors owns about 33.33% of KJE Limited, which holds 450,000,000 shares[48] - No stock options have been granted, exercised, canceled, or lapsed since the adoption of the stock option plan on September 13, 2018, with no unexercised options as of March 31, 2023[53] - The company did not purchase, sell, or redeem any of its listed securities during the three months ended March 31, 2023[56] Dividend Policy - The company did not recommend the payment of an interim dividend for the three months ended March 31, 2023, consistent with the previous year[18] - The company did not recommend the payment of dividends for the three months ended March 31, 2023[44] Board Composition - The board consists of three executive directors and three independent non-executive directors[65] Earnings Report - The first quarter of 2023 earnings report was released[66]

KOS International Holdings Limited 高 奧 士 國 際 控 股 有 限 公 司 （於開曼群島註冊成立之有限公司） （股份代號：8042） 截 至 二 零 二 三 年 三 月 三 十 一 日 止 三 個 月 之 第 一 季 度 業 績 公 告 香港聯合交易所有限公司（「聯交所」）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聯 交所上市的公司帶有較高投資風險。有意投資的人士應瞭解投資於該等公司 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及香港聯合交易所有限公司對本公告之內容概不 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公告全 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。 本公告的資料乃遵照聯交所《GEM證券上市規則》（「GEM上市規則」）而刊載， 旨在提供有關高奧士國際控股有限公司（「本公司」）的資料；本公 ...

Revenue Growth - For the year ended December 31, 2022, the group's revenue increased by approximately HKD 17.0 million or 15.6% to approximately HKD 126.0 million from about HKD 108.9 million in 2021[9] - Revenue from recruitment services in Hong Kong rose by approximately HKD 16.4 million or 26.5% to approximately HKD 78.2 million, compared to about HKD 61.8 million in the previous year[9] - Revenue from recruitment services in mainland China increased by 26.7% to approximately HKD 22.0 million from about HKD 17.4 million in 2021[9] - The company's revenue increased from approximately HKD 108,948,000 in 2021 to approximately HKD 125,965,000 in 2022, representing a growth of about 15.6%[17] - Revenue from recruitment services in Hong Kong rose from approximately HKD 61,767,000 in 2021 to approximately HKD 78,150,000 in 2022, an increase of about 26.5%[21] - Revenue from mainland China operations grew from approximately HKD 17,355,000 in 2021 to approximately HKD 21,985,000 in 2022, marking an increase of about 26.7%[23] - Revenue from recruitment services amounted to approximately HKD 100,135,000, representing 79.5% of total revenue, an increase from approximately HKD 79,122,000 or 72.6% in the previous year[32] - Recruitment service revenue in Hong Kong rose by approximately HKD 16,383,000 or 26.5% to about HKD 78,150,000, while revenue from mainland China increased by approximately HKD 4,630,000 or 26.7% to about HKD 21,985,000[33] - Revenue from dispatch and payroll services decreased by approximately HKD 3,996,000 or 13.4% to about HKD 25,830,000, accounting for 20.5% of total revenue[34] Profit and Financial Performance - The company recorded a net profit of approximately HKD 14,047,000 for the year ended December 31, 2022, compared to approximately HKD 12,804,000 for the previous year[17] - Total comprehensive income rose by approximately HKD 588,000 or 4.5% to about HKD 13,540,000 for the year ended December 31, 2022, compared to approximately HKD 12,952,000 for the previous year[43] - Employee costs increased by approximately HKD 10,503,000 or 13.5%, with internal employee costs rising by approximately HKD 15,215,000 or 30.4% due to business expansion[39] - Income tax expenses increased by approximately HKD 476,000 to about HKD 2,508,000 for the year ended December 31, 2022, primarily due to an increase in estimated taxable profits from subsidiaries[42] - The group had cash and cash equivalents of approximately HKD 42,734,000 as of December 31, 2022, slightly down from about HKD 42,767,000 in the previous year[46] - The current ratio as of December 31, 2022, was approximately 3.5 times, compared to about 3.4 times in the previous year[46] - The capital-to-debt ratio decreased to 19.9% as of December 31, 2022, from 22.3% in the previous year[47] - Employee costs, including directors' remuneration, were approximately HKD 88,201,000 for the year ended December 31, 2022, up from about HKD 77,698,000 in the previous year[55] Strategic Initiatives and Market Expansion - The group established a new entity in Singapore to expand into the Southeast Asian market, marking a strategic move for regional expansion[12] - The company plans to expand its operations in mainland China and Southeast Asia, focusing on high-potential markets[24] - The company aims to enhance internal team synergy by seeking business opportunities in human resources and consulting services[12] - The company plans to leverage its strong reputation and extensive candidate pool to capitalize on further growth opportunities[12] - The company is adapting its business development strategy to focus on higher-margin new clients in its dispatch and payroll services[21] - The company plans to focus on industries with recovery potential and maintain a strong cash flow management strategy[28] - The company aims to enhance its internal marketing teams in Hong Kong, mainland China, and Singapore to improve brand awareness through digital and social media platforms[28] Corporate Governance and Compliance - The company emphasizes the importance of compliance with legal and regulatory requirements, with no significant violations reported for the fiscal year[83] - The company has complied with the corporate governance code as per GEM Listing Rules Appendix 15 during the year ended December 31, 2022[142] - The board consists of six members, including three executive directors and three independent non-executive directors, complying with GEM Listing Rules requirements[149] - The independent non-executive directors have reviewed compliance with the non-competition agreements by the controlling shareholders[134] - The company has adopted a culture of integrity, accountability, and flexibility to adapt to the changing business environment[144][145][147] - The company has a commitment to the highest standards of business conduct and compliance with insider information disclosure policies[187] Shareholder Engagement and Communication - The company has adopted a shareholder communication policy to ensure timely access to comprehensive and understandable information for shareholders[198] - The company encourages open communication with shareholders regarding their queries[200] - Shareholders can directly address any equity-related inquiries to the company's share transfer registration office[200] - The company maintains a proactive approach to shareholder engagement[200] - The communication strategy aims to enhance shareholder relations[200] - The company provides multiple avenues for shareholders to access information[200] Employee Relations and Corporate Social Responsibility - The company recognizes employees as valuable assets and regularly reviews compensation and benefits to maintain good relationships with them[84] - The company has committed to providing equal opportunities in recruitment, training, development, and promotion for all employees[168] - The management team is actively involved in charitable work and youth development, reflecting the company's commitment to corporate social responsibility[70] - For the fiscal year ending December 31, 2022, the company reported a total charitable contribution of HKD 362,000, an increase from HKD 140,000 in the previous year[87] Risk Management - The company faced significant risks including reliance on key management personnel and potential labor shortages impacting operations and financial performance[77] - The board is responsible for risk management and internal control systems, which are reviewed annually by the audit committee[184] Board Diversity and Structure - The company plans to appoint a female director by December 31, 2024, to enhance board diversity[166] - The board currently lacks gender diversity, with all members being male, which does not comply with the revised GEM Listing Rules[166] - The board's diversity policy includes measurable targets to enhance gender diversity among board members[165]

KOS International Holdings Limited 高 奧 士 國 際 控 股 有 限 公 司 （於開曼群島註冊成立之有限公司） （股份代號：8042） 截 至 二 零 二 二 年 十 二 月 三 十 一 日 止 年 度 的 全 年 業 績 公 告 香港聯合交易所有限公司（「聯交所」）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聯 交所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及香港聯合交易所有限公司對本公告之內容概不 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公告全 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。 本公告的資料乃遵照聯交所《GEM證券上市規則》（「GEM上市規則」）而刊載，旨 在提供有關高奧士國際控股有限公司（「本公司」或「高奧士國際」，連同 ...