Financial Performance - Revenue for the first quarter of 2019 was HKD 21,637,000, a decrease of 7.8% compared to HKD 23,459,000 in the same period of 2018[7] - The loss before tax for the period was HKD 4,451,000, significantly improved from a loss of HKD 11,918,000 in the previous year[7] - The total comprehensive loss for the period was HKD 4,454,000, compared to HKD 11,918,000 in the first quarter of 2018[9] - Basic and diluted loss per share for the period was HKD 0.25, an improvement from HKD 0.99 in the same quarter of the previous year[9] - For the three months ended March 31, 2019, the company reported a loss attributable to owners of HKD 4,436,000, compared to a loss of HKD 11,907,000 in the same period of 2018, representing a 63% improvement in losses year-over-year[22] - The group's revenue for the three months ended March 31, 2019, was HKD 21,637,000, down 8% from HKD 23,459,000 in the same period of 2018[29] - The company reported a total comprehensive loss of HKD 4,436,000 for the period, reflecting the ongoing adjustments in sales and marketing strategies[26] Revenue Breakdown - Revenue breakdown showed sales from gold jewelry products at HKD 3,587,000, down from HKD 4,926,000; enterprise software products at HKD 5,944,000, slightly down from HKD 6,004,000; and professional services at HKD 12,106,000, down from HKD 12,529,000[17] - Sales of gold jewelry products amounted to HKD 3,587,000, a decrease of 27% compared to HKD 4,926,000 in the same period of 2018[29] - The company experienced a 1% decline in enterprise software product sales to HKD 5,944,000, down from HKD 6,004,000 in the previous year[29] Cost Management - The company reported a decrease in employee benefit expenses to HKD 16,494,000 from HKD 17,280,000 year-on-year[7] - The company continues to focus on its core business areas while managing costs effectively to improve overall financial performance[7] Corporate Governance - The company is committed to establishing good corporate governance practices to protect shareholder interests[46] - The company has established a comprehensive risk management system as part of its governance practices[47] - The audit committee reviewed the unaudited consolidated results for the three months ended March 31, 2019, and confirmed compliance with applicable accounting standards[47] Shareholding Structure - As of March 31, 2019, China Silver Financial Limited holds 909,502,801 shares, representing 51.02% of the company's issued share capital[40] - Huacheng Limited owns 804,157,697 shares, accounting for 45.11% of the issued share capital, and is controlled by Mr. Zhuang Ruping[40] - The company has a total of 143,233,151 shares held by Cheung Kong Holdings, representing a significant interest[44] - The company has disclosed no other interests or short positions in its issued share capital as of March 31, 2019[44] - The company has pledged a total of 304,815,204 shares as collateral for loans provided to Huacheng Limited[42] Strategic Focus - The company plans to strategically expand its franchise network to distribute gold products in third and fourth-tier cities, responding to changing consumer preferences[32] - The company noted a 2% decline in gold jewelry demand in China during the first quarter of 2019, totaling 184.1 tons[30] - The company is focusing on developing innovative and unique products to meet evolving consumer demands while monitoring opportunities in the information technology and internet sectors[32] Dividends - The company did not recommend any interim dividend for the three months ended March 31, 2019, consistent with the previous year[28] Other Information - The company has not purchased, sold, or redeemed any of its listed securities during the review period[50] - Mr. Zhuang Ruping, Ms. Li Xia, and Mr. Chen Yin are the executive directors of the company[50] - The company has adopted the new Hong Kong Financial Reporting Standard 16 for leases, which may impact future financial reporting[13]

(D) Yu Tak International Holdings Limited 御德國際控股有限公司 (Incorporated in Bermuda with limited liability 於百慕達註冊成立之有限公司) Stock Code 股份代號：8048 EPORT Characteristics of GEM of The Stock Exchange of Hong Kong Limited (the "Stock Exchange") GEM has been positioned as a market designed to accommodate companies to which a higher investment risk may be attached than other companies listed on the Stock Exchange. Prospective investors should be aware of the potential risks of investing in such companies and should make t ...