Financial Performance - Revenue for the first quarter of 2021 was HKD 26,886,000, representing a 19.1% increase from HKD 22,571,000 in 2020[28] - Gross profit for the same period was HKD 10,898,000, an 8.5% increase compared to HKD 10,040,000 in 2020[28] - Operating profit decreased by 10.5% to HKD 5,618,000 from HKD 6,279,000 in the previous year[28] - Profit before tax was HKD 5,618,000, down 6.6% from HKD 6,012,000 in 2020[28] - Net profit for the quarter was HKD 4,545,000, a decrease of 9.4% from HKD 5,019,000 in the same period last year[28] - Earnings attributable to shareholders were HKD 4,485,000, down 10.1% from HKD 4,988,000 in 2020[28] - Basic and diluted earnings per share were HKD 0.93, a decrease of 10.6% from HKD 1.04 in the previous year[28] - Total comprehensive income for the period was HKD 4,469,000, compared to HKD 5,419,000 in 2020[32] - The company reported other income of HKD 19,000, down from HKD 89,000 in the previous year[30] - Administrative expenses increased to HKD 5,019,000 from HKD 3,835,000 in 2020[30] Revenue Breakdown - Revenue from the sale of electronic payment terminals and related equipment increased to HKD 10,631,000, up 55.5% from HKD 6,865,000 in the same quarter of 2020[47] - Revenue from system support and software solution services rose to HKD 16,255,000, a slight increase of 3.5% compared to HKD 15,706,000 in the prior year[47] - Total revenue for the quarter reached HKD 26,886,000, representing a growth of 19.5% from HKD 22,571,000 in the same quarter of 2020[47] Tax and Expenses - The company incurred a total tax expense of HKD 1,073,000 for the quarter, an increase from HKD 993,000 in the previous year, marking an 8.1% rise[48] - Employee costs and director remuneration increased by approximately 11.5%, from HKD 5.2 million in 2020 to HKD 5.8 million in 2021, primarily due to higher salaries[65] - Other administrative expenses rose by approximately 36.0%, from HKD 2.5 million in 2020 to HKD 3.4 million in 2021, mainly due to increased legal and professional fees related to acquisitions[66] Acquisitions and Investments - The company completed the acquisition of 100% equity in a private company registered in Macau for approximately HKD 10.68 million on June 2021[77] - The company also acquired a property from directors for HKD 9.1 million, completed on May 3, 2021[77] Corporate Governance - The board does not recommend any dividend payment for the reporting period, with none for the three months ended June 30, 2020[79] - The company has not established any arrangements that would allow directors or senior management to hold any interests in the company's shares or related securities[94] - There are no reported interests in any competing businesses by directors or major shareholders as of the report date[95] - The company reported no significant transactions or contracts involving directors with substantial interests during the review period[96] - The company has adopted a code of conduct for securities trading by directors, ensuring compliance with GEM listing rules[100] - The board emphasizes high standards of corporate governance, risk management, and accountability to enhance corporate value[101] - The audit committee has reviewed the unaudited consolidated financial statements for the reporting period, ensuring compliance with applicable accounting standards[110] - The board consists of experienced directors, including independent non-executive directors, to maintain a balance of power[105] - The company has established an audit committee, nomination committee, and remuneration committee in accordance with GEM listing rules[105] - The chairman and CEO roles are held by the same individual, which the board believes is appropriate given the company's rapid development[105] Market Position and Strategy - The company continues to focus on expanding its market presence and enhancing its product offerings in the electronic payment sector[39] - The company maintains its leading position as an innovative electronic payment terminal solution provider in Hong Kong, focusing on sales of electronic payment terminals and related equipment[80] - The company has developed the "ESTIM" smart terminal management system, utilizing cloud technology for real-time monitoring and Over-The-Air (OTA) updates, enhancing service efficiency[82] - The company is expanding its transaction systems by collaborating with major local banks in Hong Kong to offer comprehensive payment solutions for merchants[82] - The company is actively enhancing its business in the Greater Bay Area and has provided system development services for a payment aggregator in Macau[83] - The company anticipates that the COVID-19 outbreak in Hong Kong may negatively impact its performance, particularly in sales of electronic payment terminals and related services[83] Shareholding Structure - As of June 30, 2021, Mr. Lau holds 348,455,000 shares, representing 72.59% of the issued share capital of the company[90] - Ms. Lam, as Mr. Lau's spouse, is deemed to have an interest in 351,220,000 shares, representing 73.17% of the issued share capital[90] Reporting and Compliance - The report will be published on the stock exchange and the company's website for at least 7 days from the publication date[112]

Financial Performance - Revenue for the year ended March 31, 2021, was HKD 104.0 million, a decrease of 13.1% from HKD 119.7 million in 2020[9] - Gross profit decreased by 32.5% to HKD 34.0 million from HKD 50.4 million in the previous year[9] - Operating profit increased by 67.0% to HKD 29.9 million compared to HKD 17.9 million in 2020[9] - Profit before tax rose significantly by 239.5% to HKD 29.2 million from HKD 8.6 million in the prior year[9] - Net profit for the year was HKD 26.7 million, a substantial increase of 551.2% from HKD 4.1 million in 2020[9] - Earnings attributable to shareholders increased by 531.0% to HKD 26.5 million from HKD 4.2 million in the previous year[9] - Basic and diluted earnings per share rose to HKD 5.53, up 528.4% from HKD 0.88 in 2020[9] - Total assets increased by 8.2% to HKD 128.3 million from HKD 118.6 million in 2020[9] Revenue Breakdown - Revenue from the sale of electronic payment terminals and related equipment was approximately HKD 41.8 million for the year ended March 31, 2021, an increase of about 1.2% from HKD 41.3 million in the previous year[27] - Revenue from system support and software solution services decreased by approximately 20.7%, from HKD 78.4 million to HKD 62.2 million, primarily due to a reduction in point-of-sale software solution services[27] - Overall gross profit decreased by approximately 32.5%, from HKD 50.4 million to HKD 34.0 million for the respective years[29] - The overall gross profit margin decreased to approximately 32.7% from 42.1%, a reduction of about 22.3% due to a higher sales volume of lower-margin electronic payment terminals[30] Business Development - The company has developed the "ESTIM" smart terminal management system, enhancing real-time monitoring and remote updates for terminals[13] - The company is expanding its business in the Greater Bay Area and has provided system development services for a payment aggregator in Macau[14] - The company aims to enhance its capabilities and provide diversified, high-quality one-stop integrated services to expand market share in the electronic payment terminal sales and support services[22] - The company anticipates significant growth opportunities in the electronic payment terminal market due to the rapid development of digital payment methods, including QR code payments and e-wallet systems[22] - The company will continue to strengthen big data analysis services to help merchants predict market trends and better understand customer needs[21] Employee and Operational Costs - Employee costs increased by approximately 2.0%, from HKD 25.3 million to HKD 25.8 million, primarily due to an increase in the number of employees[33] - The group employed 78 full-time employees as of March 31, 2021, a slight decrease from 81 in the previous year[48] Corporate Governance - The company emphasizes high-level corporate governance, focusing on a quality board, sound risk management, and transparency to enhance corporate value[66] - The board has established an audit committee, nomination committee, and remuneration committee, adhering to the principles of the GEM Listing Rules[67] - The company has maintained compliance with the GEM Listing Rules, with necessary adjustments made to governance practices as needed[67] - The independent non-executive directors bring diverse expertise, enhancing the board's effectiveness in strategic decision-making[58][59] - The company is committed to maintaining accountability and protecting the interests of all shareholders[66] - The company has a clear delineation of roles within the board, with the chairman also serving as the CEO to ensure consistent leadership[67] Risk Management and Internal Controls - The company has a strong focus on risk management and internal controls to safeguard its operations and stakeholder interests[66] - The board is responsible for determining business operations, financial, capital, and investment plans, and ensuring compliance with relevant laws and regulations[73] - The company has established a framework for risk management and internal control, which includes a comprehensive organizational structure and clear division of responsibilities[101] - The board of directors confirmed that the internal control system is effective and sufficient, with an external consultant reviewing the system annually[104] Shareholder Engagement and Dividends - The company aims to provide continuous returns to shareholders while retaining adequate reserves for future development, with dividend declarations subject to the group's profitability and operational needs[111] - The proposed final dividend for the fiscal year ending March 31, 2021, is HKD 0.01 per ordinary share, an increase from HKD 0.00625 per share in the previous year[122] - As of March 31, 2021, the company's distributable reserves amount to approximately HKD 56,598,000, up from HKD 43,117,000 in 2020[133] - The company encourages shareholder participation in meetings and voting, ensuring transparency in decision-making processes[105] Related Party Transactions - The group had related party transactions amounting to HKD 1,060,100 for warehouse, maintenance center, and office rentals with Mr. Lau, and a total of HKD 18,261,176 for sales of electronic payment terminals and related services with EasyPay[164] - The total annual cap for related party transactions with Mr. Lau and his associates was set at HKD 2,080,100[164] - The group has established a series of agreements with related parties, ensuring compliance with GEM Listing Rules[167] Environmental, Social, and Governance (ESG) Initiatives - The company aims to integrate environmental, social, and governance (ESG) factors across all operations, striving to be recognized as a responsible IT and payment solutions provider[199] - The board is responsible for overseeing ESG strategies and managing related risks, with a dedicated ESG working group assisting in policy review[200] - The company has implemented green office measures to reduce energy consumption, including the use of energy-saving lighting and environmentally friendly paper[182] Audit and Compliance - The total audit fees paid to the auditor for the year ended March 31, 2021, amounted to HKD 620,000, while non-audit services accounted for HKD 113,000, bringing the total to HKD 733,000[99] - The auditor, Kwan & Co., will retire but is eligible and willing to be reappointed at the upcoming annual general meeting[194] - The company has complied with all applicable laws and regulations, maintaining good relationships with customers, suppliers, employees, and investors, with no significant disputes reported for the year[184]

Financial Performance - Revenue for the three months ended December 31, 2020, was HKD 73.7 million, a decrease of 19.3% compared to HKD 91.3 million in the same period of 2019[13] - Gross profit for the same period was HKD 34.5 million, down 11.5% from HKD 39.0 million year-on-year[13] - Operating profit increased by 20.8% to HKD 21.5 million, compared to HKD 17.8 million in the previous year[13] - Profit before tax surged by 133.3% to HKD 21.0 million, up from HKD 9.0 million in the same quarter of 2019[13] - Net profit for the period was HKD 16.3 million, representing a significant increase of 201.9% from HKD 5.4 million in the prior year[13] - Earnings per share for the three months was HKD 3.38, a 193.9% increase compared to HKD 1.15 in the same period of 2019[14] - The total comprehensive income for the nine months ended December 31, 2020, was HKD 16.3 million, compared to HKD 5.4 million in the same period of 2019[13] - The company experienced a decrease in revenue for the nine months, reporting HKD 91.3 million, down from HKD 91.3 million in 2019[13] - The total revenue for the nine months ended December 31, 2020, was HKD 73,698,000, compared to HKD 91,307,000 in the previous year, indicating a decline[34] - The company recorded a profit of HKD 5,915,000 for the period, compared to a loss of HKD 2,405,000 in the previous period, marking a significant turnaround[19] - Total comprehensive income for the period amounted to HKD 6,196,000, compared to a loss of HKD 2,292,000 in the previous period[19] Revenue Breakdown - Revenue from the procurement of electronic payment terminals and related equipment was HKD 11,123,000 for the three months ended December 31, 2020, an increase from HKD 8,761,000 in the same period last year[34] - Revenue from system support and software solution services was HKD 15,670,000 for the three months ended December 31, 2020, down from HKD 19,176,000 in the same period last year[34] - Revenue from the procurement of electronic payment terminals and related equipment was approximately HKD 26.1 million, a decrease of about 13% compared to HKD 30.0 million in the same period of 2019[59] - Revenue from system support and software solution services was approximately HKD 47.6 million, a decrease of about 22.3% compared to HKD 61.3 million in the same period of 2019, due to the termination of point-of-sale software services since January 2020[59] Market Strategy and Outlook - The company plans to explore new market expansion strategies and product development initiatives in the upcoming quarters[13] - The company plans to continue expanding its market presence and investing in new technologies to enhance its service offerings[22] - The company anticipates that the global COVID-19 pandemic may adversely affect its performance, particularly in sales of electronic payment terminals and related equipment[55] - The company continues to focus on expanding its market share in the electronic payment terminal sector and providing customized software solutions[54] - The company aims to enhance its capabilities and provide diversified, high-quality one-stop services to further expand its market share[55] - Market expansion plans include entering two new regions, which are projected to increase market share by 10%[112] - The company is considering strategic acquisitions to enhance its product offerings and market presence[112] Cost Management and Financial Health - The cost of goods sold and services for the reporting period was approximately HKD 39.2 million, a decrease of about 25.0% compared to HKD 52.3 million for the nine months ended December 31, 2019[60] - Overall gross profit for the reporting period was approximately HKD 34.5 million, down about 11.5% from HKD 39.0 million for the nine months ended December 31, 2019, while the gross profit margin increased to approximately 46.8%, up about 4.1%[63] - Other income increased to approximately HKD 1.1 million for the nine months ended December 31, 2020, compared to HKD 0.5 million for the same period in 2019, primarily due to an increase in foreign exchange gains from the Australian dollar[64] - Other losses for the reporting period were approximately HKD 2.3 million, a decrease from HKD 6.2 million for the nine months ended December 31, 2019, mainly due to a one-time loss from the sale of a subsidiary in 2019[65] - Financing costs for the reporting period were approximately HKD 0.01 million, significantly reduced from HKD 7.5 million for the nine months ended December 31, 2019, due to the exemption of interest expenses on bills after the sale of a subsidiary[69] - The group recorded a profit of approximately HKD 16.3 million for the reporting period, compared to HKD 5.4 million for the nine months ended December 31, 2019, primarily due to reduced financing costs and lower administrative expenses[70] - As of December 31, 2020, the group's net current assets were approximately HKD 101.6 million, an increase from HKD 84.8 million as of March 31, 2020, including cash and bank balances of approximately HKD 54.4 million[71] Shareholder Information - The company declared a dividend of HKD 0.02 per share for the reporting period, totaling HKD 9.6 million payable to shareholders[57] - The board declared a dividend of HKD 0.02 per share for the reporting period, totaling approximately HKD 9.6 million, payable on March 19, 2021[79] - As of December 31, 2020, LCK's beneficial owner holds 1,348,455,000 shares, representing 72.59% of the total issued shares[90] - The company has not entered into any significant contracts with its controlling shareholders during the reporting period[100] - There were no purchases, sales, or redemptions of the company's listed securities by the company or its subsidiaries during the reporting period[101] Compliance and Governance - The company has adopted all new and revised Hong Kong Financial Reporting Standards effective from April 1, 2020, with no significant changes to accounting policies during the reporting period[31] - The company has adopted a code of conduct for securities trading, ensuring compliance with GEM listing rules[102] - The audit committee has reviewed the unaudited consolidated quarterly results and confirmed compliance with applicable accounting standards and GEM listing rules[110] User Engagement and Product Development - User data showed an increase in active users by 15% compared to the previous quarter, reaching a total of 1.5 million active users[112] - The company provided a positive outlook for Q4 2020, projecting a revenue increase of 20% year-over-year[112] - New product launches are expected to contribute an additional $5 million in revenue in the upcoming quarter[112] - The company is investing in new technology development, allocating $2 million towards R&D initiatives[112] - Cost management strategies have led to a 5% reduction in operational expenses compared to the previous quarter[112] - The company aims to improve customer retention rates by 8% through enhanced service offerings[112] - Overall, the company remains optimistic about achieving its long-term growth targets despite market challenges[112]

Financial Performance - The company's revenue for the six months ended September 30, 2020, was HKD 46,905,000, a decrease of 26.0% compared to HKD 63,370,000 in the same period of 2019[21] - Gross profit for the same period was HKD 21,534,000, down 22.4% from HKD 27,766,000 year-on-year[21] - Operating profit decreased to HKD 14,203,000, a decline of 14.0% from HKD 16,508,000 in the previous year[21] - Profit before tax increased by 29.6% to HKD 13,500,000 from HKD 10,420,000 in the prior year[21] - Net profit for the period was HKD 10,433,000, representing a 34.1% increase compared to HKD 7,780,000 in the same period last year[21] - Total comprehensive income for the six months ended September 30, 2020, was HKD 11,306,000, compared to HKD 8,337,000 for the same period in 2019, representing a 35.5% increase[30] - The company reported a significant increase in net profit attributable to shareholders, which was HKD 10,362,000, a rise of 30.7% from HKD 7,926,000 in the previous year[21] - The company recorded a profit of approximately HKD 10.4 million for the six months ended September 30, 2020, representing a significant increase of about 33.3% compared to HKD 7.8 million in the same period of 2019[124][136] Assets and Liabilities - Total current assets as of September 30, 2020, were HKD 111,194,000, an increase of 7.2% from HKD 103,723,000[22] - Total assets increased by 5.9% to HKD 125,515,000 from HKD 118,562,000[22] - Total equity rose by 8.4% to HKD 107,737,000 compared to HKD 99,431,000 at the end of the previous fiscal year[22] - Non-current assets as of September 30, 2020, totaled HKD 14,321,000, compared to HKD 14,839,000 as of March 31, 2020[33] - The company’s total assets less current liabilities amounted to HKD 108,700,000 as of September 30, 2020, compared to HKD 99,653,000 as of March 31, 2020[36] - Total liabilities decreased from HKD 19,131 million to HKD 17,778 million, a reduction of about 7.1%[73] Revenue Breakdown - Sales of electronic payment terminals and related equipment generated revenue of HKD 14,975 thousand, down 29.5% from HKD 21,252 thousand in the previous year[62] - Revenue from system support and software solution services was HKD 31,930 thousand, a decline of 24.5% compared to HKD 42,118 thousand in the same period last year[62] - Revenue from Hong Kong decreased from HKD 46,204 million to HKD 40,433 million, a decline of approximately 12.0%[81] - Revenue from Macau dropped significantly from HKD 12,774 million to HKD 2,395 million, a decrease of about 81.2%[81] Cash Flow and Investments - Cash and cash equivalents at the end of the period were HKD 40,876,000, an increase from HKD 34,844,000 at the beginning of the period[49] - Operating cash flow for the six months ended September 30, 2020, was HKD 16,629,000, slightly down from HKD 17,327,000 in the same period last year[50] - The company reported a net cash outflow from investing activities of HKD 6,790,000 for the six months ended September 30, 2020, compared to HKD 1,959,000 in the previous year[50] - The company acquired property, plant, and equipment for approximately HKD 6,181,000 during the six months ended September 30, 2020, a significant increase from HKD 179,000 in the same period of 2019[100] Employee and Operational Costs - Total employee benefits expenses amounted to HKD 11,012,000 for the six months ended September 30, 2020, compared to HKD 14,625,000 for the same period in 2019, reflecting a decrease of approximately 24%[93] - Employee costs were recorded at approximately HKD 11.0 million, a decrease from HKD 14.6 million in the same period of 2019, influenced by government subsidies and an increase in employee numbers[130] - The company employed 79 full-time employees as of September 30, 2020, a decrease from 81 employees as of March 31, 2020[146] Corporate Governance - The company emphasizes high standards of corporate governance, maintaining transparency and accountability to protect shareholder interests[179] - The board of directors consists of experienced individuals, including three independent non-executive directors, ensuring a balance of power[180] - The audit committee, established on November 23, 2016, is responsible for monitoring the integrity of the company's financial statements and reviewing internal controls[182] - The company has confirmed that all directors complied with the established code of conduct during the reporting period[176] Future Outlook and Strategy - The company’s strategy includes focusing on electronic payment terminal sales and enhancing system support services to drive future growth[62] - The company anticipates significant growth opportunities in the electronic payment terminal market due to the rapid development of digital payment methods, particularly QR code payments and e-wallet systems[155] - The company aims to enhance its capabilities and provide diversified, high-quality one-stop integrated services to expand market share in the electronic payment terminal procurement and support services[156] - The company acknowledges potential adverse impacts on performance due to the economic downturn caused by COVID-19, which may affect sales of electronic payment terminals and related services[156]

Financial Performance - Revenue for the three months ended June 30, 2020, was HKD 22,571,000, a decrease of 29.5% compared to HKD 32,003,000 in the same period of 2019[21] - Gross profit for the same period was HKD 10,040,000, down 34.7% from HKD 15,383,000 year-on-year[21] - Operating profit decreased by 36.9% to HKD 6,279,000 from HKD 9,945,000 in the previous year[21] - Profit before tax was HKD 6,012,000, reflecting a decline of 13.6% compared to HKD 6,955,000 in 2019[21] - Net profit for the period was HKD 5,019,000, an 8.5% decrease from HKD 5,486,000 in the same quarter of 2019[21] - Profit attributable to owners of the company was HKD 4,988,000, down 11.5% from HKD 5,633,000 year-on-year[21] - Basic and diluted earnings per share for the period were HKD 1.04, a decrease of 11.1% from HKD 1.17 in the previous year[21] - Total comprehensive income for the period was HKD 5,419,000, slightly down from HKD 5,525,000 in the same quarter of 2019[31] - The company reported a foreign exchange gain of HKD 400,000 from the translation of financial statements of overseas subsidiaries[31] Revenue Breakdown - Sales of electronic payment terminals and related equipment amounted to HKD 6,865,000, down 54.4% from HKD 15,048,000 year-on-year[45] - Revenue from system support and software solution services was HKD 15,706,000, a decline of 7.4% compared to HKD 16,955,000 in the previous year[45] - The company recorded revenue of approximately HKD 22.6 million for the three months ended June 30, 2020, a decrease of about 29.4% compared to HKD 32.0 million in the same period of 2019[56] - Sales of electronic payment terminals and related equipment generated revenue of approximately HKD 6.9 million in the three months ended June 30, 2020, a significant decrease of about 54.0% from HKD 15.0 million in the same period of 2019[57] Cost and Expenses - The overall gross profit decreased to approximately HKD 10.0 million for the three months ended June 30, 2020, down about 35.1% from HKD 15.4 million in the same period of 2019[60] - The total income tax expense for the period was HKD 993,000, a decrease from HKD 1,469,000 in the same period of 2019[46] - Other administrative expenses decreased significantly to approximately HKD 2.5 million for the three months ended June 30, 2020, down about 35.9% from HKD 3.9 million in the same period of 2019[62] - The company's financing costs significantly reduced to approximately HKD 0.01 million for the three months ended June 30, 2020, compared to HKD 2.7 million in the same period of 2019[66] Shareholder Information - As of June 30, 2020, Mr. Lau holds a beneficial interest in 348,455,000 shares, representing 72.59% of the issued share capital of the company[82] - Ms. Lam, as Mr. Lau's spouse, is deemed to have an interest in the shares held by Mr. Lau, totaling 351,220,000 shares or 73.17% of the issued share capital[83] - The weighted average number of ordinary shares for the calculation of basic and diluted earnings per share remained constant at 480,000,000 shares for both periods[50] Corporate Governance - The company has adopted a strict code of conduct for securities trading by directors, ensuring compliance with GEM Listing Rules[97] - The board emphasizes high-quality governance, risk management, and transparency to enhance corporate value and protect shareholder interests[98] - The audit committee has reviewed the unaudited consolidated financial statements for the reporting period, confirming compliance with applicable accounting standards and GEM Listing Rules[106] - The company has established an audit committee, nomination committee, and remuneration committee in accordance with GEM Listing Rules[101] - The chairman and CEO roles are held by the same individual, which the board believes enhances effective business planning and decision-making[101] - The audit committee's main responsibilities include monitoring the integrity of financial statements and reviewing internal control systems[102] Future Outlook - The overall financial performance indicates a significant impact from market conditions, necessitating strategic adjustments moving forward[21] - The company continues to focus on the sales of electronic payment terminals and related services, despite the decline in revenue[45] - The rapid development of the digital payment market, particularly in QR code payments and e-wallet systems, is expected to provide significant growth opportunities for the sales of electronic payment terminals and related services[80] - The company anticipates potential adverse impacts on performance due to the economic downturn caused by COVID-19, which may lead to a decline in sales of electronic payment terminals and the number of terminals covered by system support services[80] - The company aims to enhance its capabilities and provide diversified, high-quality integrated services to further expand market share in the electronic payment terminal procurement and support industry[80] - The company will continue to provide customized software solutions to capture ongoing development opportunities in the electronic payment terminal market[79] - The company will closely monitor the situation regarding COVID-19 and inform shareholders of any significant developments[80] Dividend and Investments - The company did not recommend any dividend payment for the reporting period, consistent with the previous quarter[76] - The company had no major investments or acquisitions during the three months ended June 30, 2020[74] - The company has no significant capital expenditures or contingent liabilities as of June 30, 2020[72][73] - The company has not purchased, sold, or redeemed any of its listed securities during the reporting period[107]

Financial Performance - Revenue for the year ended March 31, 2020, was HKD 119.7 million, a decrease of 9.9% from HKD 132.9 million in 2019[7] - Gross profit for the same period was HKD 50.4 million, down 12.8% from the previous year's figure[7] - Operating profit decreased by 41.5% to HKD 17.9 million from HKD 30.6 million in 2019[7] - Profit before tax was HKD 8.6 million, a decline of 57.8% compared to HKD 20.4 million in 2019[7] - Net profit for the year was HKD 4.1 million, down 71.3% from HKD 14.3 million in the previous year[7] - Total current assets as of March 31, 2020, were HKD 103.7 million, a decrease of 14.5% from HKD 121.3 million[7] - Total assets decreased by 65.5% to HKD 118.6 million from HKD 343.6 million in 2019[7] - The company’s earnings per share for the year was HKD 0.88, down 56.7% from HKD 2.03 in 2019[7] - The group recorded an annual profit of approximately HKD 4.1 million for the year ended March 31, 2020, a significant decrease of about 71.3% compared to HKD 14.3 million in 2019, mainly due to a decline in sales of electronic payment terminals and related services[33] Revenue Breakdown - Revenue from the procurement of electronic payment terminals and related equipment was approximately HKD 41.3 million for the year ended March 31, 2020, down about 17.4% from HKD 50.0 million in the previous year, primarily due to a decrease in the number of terminals sold[25] - Revenue from system support and software solution services was approximately HKD 78.4 million for the year ended March 31, 2020, a decline of about 5.4% from HKD 82.9 million in the previous year, mainly due to a significant reduction in point-of-sale software services[25] Cost and Expenses - Employee costs increased by approximately 11.0%, amounting to HKD 25.3 million for the year ended March 31, 2020, compared to HKD 22.8 million in the previous year, primarily due to an increase in the number of employees[30] - Other administrative expenses rose by approximately 13.0% to HKD 17.4 million for the year ended March 31, 2020, from HKD 15.4 million in the previous year, mainly due to increased legal and professional fees[31] - The overall gross profit margin slightly decreased to approximately 42.1% for the year ended March 31, 2020, from 43.5% in the previous year, attributed to a higher procurement of lower-margin electronic payment terminals[28] Market Opportunities and Risks - The company anticipates significant growth opportunities in the electronic payment terminal market due to the rapid development of digital payment methods, particularly QR code payments and e-wallet systems[19] - The company faces operational risks, including market changes and the need to attract and retain qualified technical and management personnel[21] Corporate Governance - The company has a strong commitment to high-level corporate governance, emphasizing a quality board, sound risk management, and transparency[61] - The board has established an audit committee, nomination committee, and remuneration committee, adhering to the principles of the GEM Listing Rules[62] - The company has maintained compliance with the corporate governance code, with the exception of the chairman and CEO roles being held by the same individual, which the board deems appropriate given the rapid development of the group[62] - The company has a management team with extensive experience in finance, accounting, and electronic payment solutions, ensuring effective oversight of operations[56][57][58][59] - The independent non-executive directors bring over 25 years of experience in real estate investment and over 15 years in accounting and financial management[52][53] Shareholder and Investor Relations - The company has established various communication channels to maintain transparency and good investor relations, including timely publication of quarterly, interim, and annual reports[109] - The company encourages shareholder participation in meetings, with all resolutions presented at the shareholder meetings being voted on, except for procedural matters[104] - The company has established procedures for shareholders to nominate candidates for the board, requiring specific documentation to be submitted[107] Environmental and Social Responsibility - The company has committed to environmental protection measures, including energy-saving lighting and the use of eco-friendly products, to ensure sustainable business development[181] - The company aims to be recognized as a responsible information technology and payment solutions provider, integrating environmental, social, and governance factors into all operations[198] Related Party Transactions - The group has entered into several related party transactions, including leasing agreements with Mr. Lau and his associates, totaling 792,000 HKD for warehouse and office rentals[163] - The actual amount for sales of electronic payment terminals and related equipment with EasyPay (owned by Mr. Lau) was 18,241,137 HKD against an annual cap of 20,000,000 HKD[163] - The independent non-executive directors confirmed that the related party transactions were conducted in the ordinary course of business and on terms no less favorable than those offered to independent third parties[176] Dividend Policy - The company reported a proposed final dividend of HKD 0.625 per share for the fiscal year ending March 31, 2020, compared to no dividend in the previous year[121] - The board of directors has full discretion to declare dividends based on the group's financial performance and liquidity needs[120]

1 0 1 1 0 1 1 0 1 1 0 0 J 1 1 1 1 0 1 1 0 0 0 C 0 1 0 0 0 T 1 1 0 1 1 0 1 1 0 1 0 1 0 0 0 1 0 1 0 ● 0 0 0 J 1 0 ● 1 1 0 0 0 0 1 0 俊盟國際控股有限公司 (於開曼群島註冊成立的有限公司) 股份代號 : 8062 第三季度業績報告 2019 您值得信賴的電子支付合作夥伴 香港聯合交易所有限公司（「聯交所」）GEM的特色 GEM的定位，乃為相比起其他在聯交所上市的公司帶有較高投資風險的中小型公司提供一個 上市的市場。有意投資者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上市的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的證券承受 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，並明確表示概不會就因本報告全部或任何部分內容而產生或因依賴該等內容而 引致之任何損失承擔任何責任。 本報告乃遵照聯交所GEM證券上市規則（「G ...

Financial Performance - For the six months ended September 30, 2019, the company reported revenue of HKD 63,370,000, a decrease of 4.4% compared to HKD 66,282,000 for the same period in 2018[24]. - Gross profit for the same period was HKD 27,766,000, reflecting a significant decline of 34.1% from HKD 42,119,000 in the previous year[24]. - Operating profit decreased by 50.8% to HKD 16,508,000, down from HKD 33,538,000 in the prior year[24]. - Profit before tax fell by 64.8% to HKD 10,420,000, compared to HKD 29,627,000 in the same period last year[24]. - Net profit attributable to owners of the company was HKD 7,780,000, a decrease of 67.6% from HKD 24,106,000 in the previous year[24]. - The total comprehensive income for the three months ended September 30, 2019, was HKD 2,812 thousand, down 81.4% from HKD 15,149 thousand in the same period of 2018[33]. - The company reported a total comprehensive income of HKD 24,190,000 for the period, compared to HKD 19,710,000 in the previous year, marking a growth of approximately 22.5%[48]. - The company recorded a profit of approximately HKD 7.8 million, a significant decrease of about 67.6% year-on-year, primarily due to a substantial reduction in profit margins from point-of-sale software services[130]. - The company reported a net profit for the six months ended September 30, 2019, of HKD 7,926,000, a decrease of 59.9% compared to HKD 19,710,000 for the same period in 2018[101]. Revenue Breakdown - Revenue for the reporting period was approximately HKD 63.4 million, down about 4.4% from HKD 66.3 million in the same period of 2018, mainly due to a decrease in revenue from point-of-sale software services[131]. - Revenue from electronic payment terminal procurement and related equipment was HKD 21,252,000 for the six months ended September 30, 2019, compared to HKD 19,084,000 for the same period in 2018, indicating an increase of approximately 11.4%[73]. - Revenue from electronic payment system support services rose by approximately 27.7% to HKD 26.3 million, up from HKD 20.6 million in 2018, due to an increase in the number of terminals covered by support services[131]. - Revenue from point-of-sale software services significantly decreased by approximately 56.3% to HKD 8.7 million, compared to HKD 19.9 million in 2018, due to a reduction in the number of projects completed during the reporting period[131]. - The company's revenue from embedded system solutions was HKD 1,567,000 for the six months ended September 30, 2019, compared to HKD 2,541,000 for the same period in 2018, showing a decrease of approximately 38.4%[73]. Assets and Liabilities - Total current assets as of September 30, 2019, were HKD 124,154,000, an increase of 2.4% from HKD 121,295,000 as of March 31, 2019[24]. - Total assets amounted to HKD 346,696,000, reflecting a slight increase of 0.9% from HKD 343,638,000[24]. - The company's total assets as of September 30, 2019, amounted to HKD 222,542,000, slightly up from HKD 222,343,000 as of March 31, 2019[36]. - The total liabilities decreased to HKD 230,006,000 as of September 30, 2019, down from HKD 235,285,000 as of March 31, 2019[83]. - The aging analysis of trade receivables shows that as of September 30, 2019, HKD 18,041,000 was within 30 days, while HKD 5,129,000 was overdue by more than 365 days[108]. Cash Flow and Financing - The net cash generated from operating activities for the six months ended September 30, 2019, was HKD 17,327,000, an increase of 47% compared to HKD 11,729,000 for the same period in 2018[50]. - The net cash used in investing activities was HKD (1,959,000), a significant improvement from HKD (5,122,000) in the previous year[50]. - The net cash used in financing activities increased to HKD (15,244,000) from HKD (1,850,000) year-on-year, indicating a shift in financing strategy[50]. - The total cash and cash equivalents at the end of the reporting period was HKD 38,271,000, up from HKD 27,486,000 in the previous year, reflecting a positive cash flow position[50]. - The total financing costs amounted to HKD 5,353,000, an increase of 49.8% compared to HKD 3,570,000 for the same period in 2018[95]. Corporate Governance - The company emphasizes high standards of corporate governance, with a focus on a high-quality board, sound internal controls, transparency, and accountability to protect shareholder interests[194]. - The audit committee, established on November 23, 2016, consists of independent non-executive directors and is responsible for monitoring the integrity of financial statements and reviewing internal controls and risk management systems[197]. - The board includes experienced directors, with three being independent non-executive directors, ensuring a balance of power within the board[195]. - The company has adopted the principles and code provisions of the Corporate Governance Code as per GEM listing rules, with a clear delineation of responsibilities among board members[194]. - The company plans to maintain transparency and accountability in its operations, aligning with the best interests of the group[194]. Market Position and Strategy - The company continues to focus on electronic payment solutions, positioning itself as a reliable partner in the industry[24]. - The company is focused on expanding its electronic payment terminal business in Hong Kong and China, aiming to capture a larger market share[54]. - The rapid development of the digital payment market, especially in QR code payments and fast payment systems, is expected to provide substantial growth opportunities for the company[161]. - The company aims to expand its market share in the electronic payment and software solution industry by enhancing its capabilities and offering diversified high-quality one-stop services[165]. - The ongoing social unrest in Hong Kong may negatively impact the company's performance, potentially reducing sales of electronic payment terminals and the number of terminals covered by its support services[165].

Financial Performance - Revenue for the first quarter ended June 30, 2019, was HKD 32,003,000, representing a 1.7% increase from HKD 31,472,000 in the same period of 2018[22] - Gross profit decreased by 17.2% to HKD 15,383,000 compared to HKD 18,586,000 in the previous year[22] - Operating profit fell by 18.1% to HKD 9,945,000 from HKD 12,146,000 year-on-year[22] - Profit before tax decreased by 37.2% to HKD 6,955,000, down from HKD 11,074,000 in the prior year[22] - Net profit for the period was HKD 5,486,000, a decline of 39.0% from HKD 8,997,000 in the same quarter of 2018[22] - Earnings per share (basic) decreased by 27.8% to HKD 1.17 from HKD 1.62 in the previous year[24] - The company reported a significant drop in profit attributable to owners, which was HKD 5,633,000, down 27.4% from HKD 7,760,000 in 2018[22] - Comprehensive income for the period totaled HKD 5,525,000, compared to HKD 9,041,000 in the same quarter of the previous year[29] - The group reported a total comprehensive income of HKD 5,486,000 for the three months ended June 30, 2019, compared to HKD 8,997,000 for the same period in 2018, reflecting a decline of 39.5%[35] Revenue Sources - For the three months ended June 30, 2019, the company's revenue from the procurement of electronic payment terminals and related equipment was HKD 15,048,000, a decrease of 11.3% compared to HKD 16,955,000 for the same period in 2018[46] - Revenue from system support and software solution services decreased by approximately 11.9%, from HKD 19.3 million in 2018 to HKD 17.0 million in 2019[61] - Revenue from the procurement of electronic payment terminals and related equipment increased significantly by approximately 24.0%, from HKD 12.1 million in 2018 to HKD 15.0 million in 2019[61] Expenses and Costs - The company incurred no share-based payment expenses during the quarter, contrasting with HKD 1,372,000 in the same period of 2018[22] - The group’s operating expenses for the three months ended June 30, 2019, were HKD 26,534,000, compared to HKD 25,000,000 for the same period in 2018, indicating an increase of 6.1%[46] - The cost of goods sold and services increased by approximately 28.7%, from HKD 12.9 million in 2018 to HKD 16.6 million in 2019, mainly due to rising salary and subcontracting costs[62] - Other administrative expenses increased by approximately 25.8%, from HKD 3.1 million in 2018 to HKD 3.9 million in 2019, mainly due to rising legal and professional fees[66] - The financing costs rose sharply from approximately HKD 0.7 million in 2018 to HKD 2.7 million in 2019, attributed to the issuance of HKD 194.0 million in commercial paper[68] Tax and Liabilities - The income tax expense for the period was HKD 1,469,000, down from HKD 2,077,000 in the previous year, representing a decrease of 29.3%[49] - As of June 30, 2019, the group's net current liabilities were approximately HKD 4.1 million, compared to net current assets of approximately HKD 85.3 million in 2018[73] - The group's cash and cash equivalents as of June 30, 2019, were approximately HKD 32.0 million, an increase from approximately HKD 25.1 million in 2018[73] Corporate Governance - The board did not recommend any dividend payment for the reporting period, consistent with the previous year[81] - The company has adopted a code of conduct for securities trading by directors, ensuring compliance with GEM listing rules[102] - The audit committee, established on November 23, 2016, is responsible for monitoring the integrity of the company's financial statements[106] - The company emphasizes high standards of corporate governance, risk management, and accountability to enhance shareholder value[103] - The audit committee has reviewed the unaudited consolidated financial statements for the reporting period, confirming compliance with applicable accounting standards[107] Strategic Focus - The company continues to focus on expanding its electronic payment services despite the decline in profits[26] - The company plans to expand its market presence in Australia and Macau, focusing on enhancing its electronic payment solutions[41] - The group aims to expand its market share in the electronic payment terminal sector and enhance its service offerings to meet the needs of a cashless society[84] - The group has maintained stable revenue levels in the electronic payment industry, supported by strong relationships with manufacturers of electronic payment terminals and related equipment[85] Shareholding and Management - The group holds 72% of its shares, with Mr. Lau and Ms. Lam collectively owning 345.6 million shares[90] - As of June 30, 2019, Mr. Lau holds all issued shares of LCK, representing a significant interest in the company[94] - No other individuals, excluding directors or senior management, disclosed any interests in the company's shares or related securities as of June 30, 2019[95] - During the reporting period, there were no rights granted or exercised by directors or senior management to purchase shares or related securities of the company[96] - The company has not entered into any significant contracts with its controlling shareholders during the reporting period[100] - The board of directors includes experienced individuals, ensuring a balance of power despite Mr. Lau serving as both Chairman and CEO[105]

Financial Performance - Revenue for the year ended March 31, 2019, was HKD 132.9 million, representing a 41.2% increase from HKD 94.1 million in 2018[9] - Gross profit increased to HKD 57.8 million, up 18.4% from HKD 48.8 million in the previous year[9] - Operating profit rose to HKD 30.6 million, a 10.9% increase compared to HKD 27.6 million in 2018[9] - Profit before tax decreased by 25.5% to HKD 20.4 million from HKD 27.4 million in 2018[9] - Net profit for the year was HKD 14.3 million, down 34.1% from HKD 21.7 million in the previous year[9] - Earnings attributable to shareholders per share decreased by 55.3% to HKD 2.03 from HKD 4.52 in 2018[11] - The overall gross profit for the fiscal year ending March 31, 2019, was approximately HKD 57.8 million, an increase of about 18.4% from HKD 48.8 million, although the gross margin decreased from approximately 51.9% to 43.5% [49] - The annual profit for the fiscal year ending March 31, 2019, was approximately HKD 14.3 million, a decrease from HKD 21.7 million in the previous year, attributed to increased financing costs and administrative expenses [58] Assets and Liabilities - Total current assets increased by 26.6% to HKD 121.3 million from HKD 95.8 million in 2018[11] - Total assets surged by 210.1% to HKD 343.6 million compared to HKD 110.8 million in the previous year[11] - As of March 31, 2019, the company's net current assets were approximately HKD 24.0 million, a decrease from HKD 71.0 million in 2018[60] - The company's cash and cash equivalents as of March 31, 2019, were approximately HKD 38.2 million, up from HKD 22.6 million in 2018[60] - The capital debt ratio as of March 31, 2019, was approximately 197.1%, significantly higher than 5.8% in 2018[60] - The company had bank borrowings of approximately HKD 13.3 million, an increase from HKD 5.0 million in 2018[66] Business Strategy and Growth - The company aims to expand its software solution services to capture growth opportunities in the cashless society[17] - The company continues to focus on the procurement of electronic payment terminals and related services, with significant growth in software solution services[16] - The company plans to continue investing more resources to enhance its payment solutions technology and software solutions[21] - The company aims to capture a larger market share in the electronic payment sector by providing diversified and high-quality services[21] - The company anticipates continued growth in demand for payment terminals and related services[25] - The company is actively seeking strategic partnerships, particularly in payment solutions, to create greater value for customers and shareholders[21] - The company successfully acquired 70% of Earn World Development Limited and 75% of Newport Tek Pty Ltd, expanding its business into retail, distribution, and accounting software solutions[28] - Approximately HKD 10.0 million is earmarked for potential future strategic acquisitions to enhance the product portfolio and expand market share [39] Operational Efficiency - Other administrative expenses rose significantly by approximately 161.0%, reaching HKD 15.4 million, primarily due to increased legal and professional fees related to compliance and acquisitions [53] - The company recorded a financing cost of approximately HKD 9.1 million for the fiscal year ending March 31, 2019, compared to HKD 13,000 for the previous year [55] - The company has upgraded its servers to improve performance and security, and has procured additional computers for new employees[34] - The company has utilized approximately HKD 2.0 million for property renovations to accommodate new employees [42] Corporate Governance - The board has emphasized the importance of corporate governance, ensuring compliance with GEM listing rules and maintaining transparency[96] - The company has established a robust risk management framework to mitigate potential operational risks and safeguard shareholder interests[96] - The board of directors consists of executive, non-executive, and independent non-executive directors, with a three-year initial term for non-executive and independent non-executive directors, automatically renewing for one year thereafter[106] - The audit committee, established on November 23, 2016, is composed of three independent non-executive directors and is responsible for reviewing the group's financial reporting process and internal control systems[112] - The remuneration committee, also established on November 23, 2016, is tasked with recommending remuneration for all executive directors and senior management, including benefits and compensation payments[114] - The nomination committee, formed on November 23, 2016, evaluates the board's structure and diversity, and provides recommendations for the appointment or reappointment of directors[118] - The company has adopted a written terms of reference for the audit committee, remuneration committee, and nomination committee in accordance with GEM listing rules[113] Shareholder Information - The company encourages shareholders to participate in meetings and vote on resolutions presented[141] - The company has a policy to declare dividends only when profitable and not affecting normal operations[148] - The largest customer contributed approximately 13.2% of total revenue for the year ended March 31, 2019, down from 18.9% in 2018[171] - The top five customers accounted for about 43.1% of total revenue in the year, compared to 50.4% in 2018[171] - The largest supplier represented approximately 20.8% of total cost of goods and services, a decrease from 30.7% in 2018[171] - The top five suppliers accounted for around 62.5% of total cost of goods and services, down from 74.2% in 2018[171] Stock Options and Equity - A total of 38,400,000 stock options have lapsed under the stock option plan as of the report date[172] - The stock option plan allows for a maximum of 30% of the issued shares to be potentially issued upon exercise of options[177] - The exercise price for stock options is determined by the board and is the higher of the closing price on the grant date or the average closing price over the preceding five trading days[178] - The stock options granted to certain directors are subject to specific vesting periods, with some options becoming exercisable three months after the grant date[180][181] - As of March 31, 2019, Mr. Lau holds a total equity interest of 345,600,000 shares, representing 72% of the issued shares[196] - Ms. Lam, as Mr. Lau's spouse, is deemed to have an interest in the shares held by Mr. Lau, totaling 345,600,000 shares, which is 72% of the issued shares[197] - LCK Group Limited, beneficially owned by Mr. Lau, holds 345,600,000 shares, accounting for 72% of the total issued shares[200]