Financial Performance - The total revenue for the fiscal year ending March 31, 2024, decreased by approximately 3.05% to about HKD 116,130,000 from HKD 119,780,000 for the previous year[5] - The group recorded a profit of approximately HKD 3,170,000 for the fiscal year ending March 31, 2024, compared to a loss of approximately HKD 5,900,000 for the previous year[6] - The total comprehensive income attributable to owners of the company for the fiscal year ending March 31, 2024, was HKD 3,504,000, compared to a loss of HKD 5,520,000 for the previous year[9] - Basic and diluted earnings per share for the fiscal year ending March 31, 2024, were HKD 1.90, compared to a loss of HKD 3.54 for the previous year[9] - The group reported a pre-tax profit of HKD 3,167,000 for the year ended March 31, 2024, compared to a pre-tax loss of HKD 5,818,000 in the previous year[27] - The group reported a profit attributable to owners of approximately HKD 3,170,000, compared to a loss of HKD 5,900,000 in the previous year[91] - Earnings per share for the year were HKD 1.90, recovering from a loss per share of HKD 3.54 in the previous year[91] Revenue Breakdown - The group experienced a decrease in revenue from social media management and digital advertising services, partially offset by an increase in revenue from creative and technology services[5] - Revenue from digital advertising services was HKD 9,077,000, down 3.5% from HKD 9,405,000[27] - Revenue from social media management services decreased by 14.1% to HKD 28,325,000 from HKD 33,002,000[27] - Revenue from creative and technology services increased by 1.8% to HKD 78,727,000 from HKD 77,373,000[27] - Revenue recognized at a point in time increased significantly to HKD 3,234,000 from HKD 1,524,000[24] - Revenue recognized over time decreased to HKD 112,895,000 from HKD 118,256,000[24] Cost Management - The administrative expenses decreased significantly from HKD 25,782,000 to HKD 18,627,000, reflecting effective cost control measures[9] - The company continues to execute cost control policies, resulting in reduced employee costs and marketing-related expenses[8] - The reduction in losses was primarily due to continued cost control measures and a decrease in marketing-related expenses[91] Assets and Liabilities - Non-current assets increased to HKD 5,728 million in 2024 from HKD 3,115 million in 2023, representing an increase of 83.5%[10] - Current assets rose to HKD 62,304 million in 2024, up from HKD 58,083 million in 2023, reflecting a growth of 4.1%[10] - Total liabilities decreased slightly to HKD 40,263 million in 2024 from HKD 40,923 million in 2023, a reduction of 1.6%[10] - Total equity increased significantly to HKD 25,672 million in 2024, compared to HKD 20,019 million in 2023, marking a growth of 28.4%[12] - Trade receivables surged to HKD 34,535 million in 2024, compared to HKD 12 million in 2023, indicating a substantial increase[10] - Cash and cash equivalents rose to HKD 20,958 million in 2024 from HKD 18,491 million in 2023, an increase of 8.0%[10] Corporate Governance - The board of directors consists of five executive directors and three independent non-executive directors, ensuring adequate checks and balances to protect the interests of the company and its shareholders[97] - The audit committee, composed of three independent non-executive directors, has reviewed the company's annual performance for the year[99] - The company has adhered to the corporate governance code, except for specific provisions regarding the separation of the roles of chairman and CEO[97] - The audit committee's written terms of reference were established in accordance with GEM listing rules and corporate governance code provisions[99] Future Outlook and Strategy - The company has expanded its digital media services and marketing services as part of its core business strategy[14] - The group anticipates challenges in the advertising industry due to rising labor costs and increased market competition driven by advancements in artificial intelligence technology[53] - The group continues to focus on enhancing services and products to adapt to changes in technology and consumer preferences[57] - The company plans to continue monitoring foreign currency risks and will consider hedging significant foreign currency exposures as necessary[72] Dividends and Share Capital - The company did not recommend the payment of a final dividend for the fiscal year ending March 31, 2024, consistent with the previous year[7] - The company did not declare any dividends for the fiscal years ending March 31, 2024, and 2023[38] - The company’s issued share capital as of March 31, 2024, was HKD 16,672,000, with 166,720,000 shares issued, maintaining the same capital structure as the previous year[74] - The company plans to implement a capital reorganization and rights issue, which was approved by shareholders at a special meeting on April 24, 2024[100] Regulatory Compliance - The group is currently evaluating the impact of revised regulations on long-term service obligations[21] - The company does not expect the adoption of new and revised Hong Kong Financial Reporting Standards to have a significant impact on its performance and financial position[23] - The group has not early adopted any new or revised Hong Kong Financial Reporting Standards that have been issued but are not yet effective[22]

Financial Performance - For the six months ended September 30, 2023, the company reported revenue of HKD 58,694,000, a slight decrease of 1.3% compared to HKD 59,482,000 in the same period of 2022[6]. - Gross profit for the same period increased to HKD 12,928,000, up 10.3% from HKD 11,719,000 year-on-year[6]. - The company achieved a profit before tax of HKD 1,764,000, a significant improvement from a loss of HKD 4,460,000 in the previous year[6]. - Basic and diluted earnings per share for the six months were HKD 1.06, compared to a loss of HKD 2.67 in the same period last year[6]. - The company reported a net profit of HKD 1,764,000 for the six months ended September 30, 2023, compared to a net loss of HKD 4,460,000 for the same period in 2022[40]. - The group reported a profit attributable to owners of approximately HKD 1,760,000, a significant improvement from a loss of approximately HKD 4,460,000 in the previous period[69]. Revenue Breakdown - Revenue from digital advertising services decreased by 37.5% to HKD 3,196,000 for the six months ended September 30, 2023, down from HKD 5,066,000 in the same period of 2022[21]. - Revenue from social media management services decreased by 14.2% to HKD 15,324,000 for the six months ended September 30, 2023, compared to HKD 17,858,000 in the same period of 2022[21]. - Revenue from creative and technology services increased by 10.4% to HKD 40,174,000 for the six months ended September 30, 2023, up from HKD 36,558,000 in the same period of 2022[21]. - Revenue from external customers for the six months ended September 30, 2023, was HKD 58,694,000, a decrease of 1.33% compared to HKD 59,482,000 for the same period in 2022[29]. - Revenue from external customers in China was HKD 8,225,000, down 13.78% from HKD 9,540,000 in the previous year[29]. - Revenue from external customers in Taiwan decreased by 27.83% to HKD 1,967,000 from HKD 2,725,000 year-on-year[29]. - Revenue from external customers in Hong Kong increased by 2.72% to HKD 48,502,000 compared to HKD 47,217,000 in the same period last year[29]. Assets and Liabilities - Total assets increased to HKD 63,459,000 as of September 30, 2023, compared to HKD 58,083,000 at the end of March 2023[7]. - The company's cash and cash equivalents stood at HKD 18,327,000, slightly down from HKD 18,491,000 at the end of the previous period[7]. - Trade receivables rose to HKD 39,992,000 from HKD 36,114,000, indicating improved collection efficiency[7]. - The company reported a total equity of HKD 22,150,000 as of September 30, 2023, up from HKD 20,019,000 at the end of March 2023[7]. - Trade payables increased to HKD 26,103,000 as of September 30, 2023, compared to HKD 24,550,000 as of March 31, 2023[49]. - As of September 30, 2023, trade receivables amounted to HKD 48,929,000, an increase from HKD 46,095,000 as of March 31, 2023[45]. Cash Flow - For the six months ended September 30, 2023, the net cash generated from operating activities was HKD 968,000, compared to a net cash used of HKD 2,731,000 in the same period of 2022, representing a significant turnaround[12]. - The net cash used in investing activities for the six months ended September 30, 2023, was HKD 729,000, a decrease from HKD 5,465,000 generated in the same period of 2022[12]. - The net cash used in financing activities for the six months ended September 30, 2023, was HKD 770,000, compared to HKD 2,612,000 used in the same period of 2022[12]. - The cash and cash equivalents at the end of the period were HKD 18,327,000, an increase from HKD 12,891,000 at the end of the same period in 2022[12]. Cost Management - Total employee costs for the six months were HKD 15,563,000, a decrease of 29.93% from HKD 22,182,000 in the previous year[39]. - Selling expenses decreased by approximately 38.85% to about HKD 2,790,000, mainly due to reduced marketing-related expenses and sales staff costs[64]. - Administrative expenses decreased by approximately 38.46% to about HKD 8,880,000, primarily due to lower depreciation of right-of-use assets and administrative staff costs[65]. - The company has implemented cost-saving measures to ensure business stability amid strict regulations in Hong Kong and mainland China[57]. Market Outlook and Strategy - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[6]. - The reopening of borders in early 2023 has led to an increase in customer inquiries, indicating a more optimistic market demand[57]. - The gradual recovery of the tourism industry is seen as a positive growth indicator, with the company prepared to support clients in this sector[57]. - The company aims to leverage advanced artificial intelligence tools to enhance service efficiency and optimize processes[58]. - The company has diversified its customer base and expanded into new business sectors to increase revenue sources in a changing business environment[57]. Corporate Governance - The company is committed to high standards of corporate governance and has implemented measures to enhance internal control systems and ongoing professional training for directors[102]. - The audit committee, consisting of three independent non-executive directors, has reviewed the unaudited consolidated results for the period and confirmed compliance with applicable accounting standards[105]. - The company has adopted a code of conduct for directors regarding securities trading, ensuring compliance with GEM Listing Rules standards[99]. - The roles of chairman and CEO were held by the same individual until October 20, 2023, when a new chairman and CEO were appointed, which the board believes aids in executing business strategies effectively[103].

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佈的內容概不負責,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佈全部或任何部份內容而 產生或因倚賴該等內容而引致的任何損失承擔任何責任。 Guoen Holdings Limited 國恩控股有限公司 (於開曼群島註冊成立的有限公司) (股份代號:8121) 截至二零二三年九月三十日止六個月的 中期業績公佈 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聯交所主板買賣 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。 本公佈乃根據聯交所GEM證券上市規則(「GEM上市規則」)的規定而提供有關國恩控股 有限公司(前稱為超凡網絡(控股)有限公司)(「本公司」,連同其附屬公司統稱「本集團」或 「我們」)的資料;本公司的董事(「董事」)願就本公佈所載資料共同及個別承 ...

Financial Performance - For the three months ended June 30, 2023, the company reported revenue of HKD 30,334,000, an increase of 6.9% compared to HKD 28,367,000 for the same period in 2022[6] - Gross profit for the same period was HKD 5,949,000, up from HKD 5,095,000, reflecting a gross margin improvement[6] - The company recorded a loss before tax of HKD 34,000, significantly reduced from a loss of HKD 2,840,000 in the prior year[6] - Total comprehensive income attributable to owners for the period was HKD 306,000, a recovery from a loss of HKD 2,598,000 in the same quarter last year[6] - Basic and diluted loss per share improved to HKD 0.02 from HKD 1.70 year-over-year[6] - The company reported a net loss attributable to shareholders of HKD 34,000 for the three months ended June 30, 2023, compared to a net loss of HKD 2,840,000 for the same period in 2022[28] Revenue Breakdown - Revenue from social media management services decreased to HKD 7,356,000, down 16.3% from HKD 8,794,000 in the previous year[18] - Revenue from digital advertising services fell to HKD 1,336,000, a decline of 49.6% compared to HKD 2,642,000 in the same period last year[18] - Revenue from creative and technology services increased significantly to HKD 21,642,000, up 27.8% from HKD 16,931,000 in the prior year[18] - Total revenue increased by approximately 6.93% from about HKD 28,370,000 to approximately HKD 30,330,000, primarily due to increased income from creative and technology services[34] Cost Management - The total employee costs for the period were HKD 7,974,000, a decrease of 34.5% from HKD 12,188,000 in the previous year[26] - Selling expenses decreased by approximately 37.48% from about HKD 2,350,000 to approximately HKD 1,470,000, driven by reductions in marketing-related expenses and sales staff costs[37] - Administrative expenses fell by approximately 37.09% from about HKD 7,540,000 to approximately HKD 4,750,000, primarily due to a decrease in administrative staff costs[38] - The company reported a loss attributable to owners of approximately HKD 30,000, a significant reduction from about HKD 2,840,000 in the previous period, attributed to increased revenue from creative and technology services and effective cost control measures[42] Other Income and Expenses - Other comprehensive income included a foreign exchange gain of HKD 340,000, compared to HKD 242,000 in the previous year[6] - Other income and net gains for the three months ended June 30, 2023, were HKD 64,000, a significant decrease from HKD 1,721,000 in the same period last year[20] - Other income decreased significantly from about HKD 1,720,000 to approximately HKD 60,000, mainly due to a reduction in subsidies received under the "Employment Support" scheme[36] - Financing costs remained stable at approximately HKD 40,000, consistent with the previous period[39] Corporate Strategy and Governance - The company continues to focus on digital media services and marketing services as part of its core business strategy[11] - The company is exploring market expansion opportunities but has not disclosed specific plans or targets at this time[6] - The company plans to leverage artificial intelligence tools to enhance service efficiency and optimize processes in the digital marketing sector[31] - The company has adhered to the corporate governance code, except for the provision that the roles of chairman and CEO should be separate, which is currently held by the same individual, Mr. Ye Shuo Lin[62] - The audit committee has reviewed the unaudited consolidated results for the period and confirmed compliance with applicable accounting standards and GEM listing rules[64] Shareholder Information - The company's total equity as of June 30, 2023, was HKD 20,314,000, an increase from HKD 20,019,000 at the beginning of the period[7] - As of June 30, 2023, there are 166,720,000 unexercised share options available under the share option scheme, representing approximately 10% of the issued shares as of the report date[54] - The company did not declare any interim dividends for the period[24] - No interim dividend was declared for the period, consistent with the previous period[45] Market Conditions - The company has seen an increase in customer inquiries since the reopening of borders in early 2023, indicating a positive market demand[30] - There are no significant new product launches or technological developments reported during this quarter[6] - There were no significant events occurring after June 30, 2023, up to the report date[44] Investment Plans - The company plans to hold investment properties valued at approximately HKD 1,170,000, with a focus on capital appreciation[47]

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佈的內容概不負責,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佈全部或任何部份內容而 產生或因倚賴該等內容而引致的任何損失承擔任何責任。 Guoen Holdings Limited 國恩控股有限公司 (於開曼群島註冊成立的有限公司) (股份代號:8121) 截至二零二三年六月三十日止三個月的 第一季度業績公佈 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聯交所主板買賣 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。 本公佈乃根據聯交所GEM證券上市規則(「GEM上市規則」)的規定而提供有關國恩控股 有限公司(前稱為超凡網絡(控股)有限公司)(「本公司」,連同其附屬公司統稱「本集團」或 「我們」)的資料;本公司的董事(「董事」)願就本公佈所載資料共同及個 ...

Business Performance - The digital marketing business faced challenges due to the COVID-19 pandemic, impacting operations throughout the year[12]. - The reopening of borders in February and the lifting of mask mandates in March signaled improvement and new opportunities for growth[13]. - Increased client inquiries since the border reopening indicate positive market demand and optimism[13]. - The gradual recovery of the tourism industry is expected to drive business growth, with plans to redevelop tourism promotion services[13]. - The demand for digital marketing has intensified competition, prompting the company to develop more effective and innovative marketing strategies[16]. - The group's total revenue for the year reached approximately HKD 119,780,000, a decrease of about 23.11% from HKD 155,780,000 in the previous year[25]. - Revenue from social media management services was approximately HKD 33,000,000, accounting for about 27.55% of total revenue, down from HKD 39,220,000 and 25.18% in the previous year[25]. - Revenue from digital advertising services increased to approximately HKD 9,410,000, representing about 7.85% of total revenue, compared to HKD 9,180,000 and 5.89% in the previous year[25]. - Revenue from creative and technology services was approximately HKD 77,370,000, making up about 64.60% of total revenue, down from HKD 107,380,000 and 68.93% in the previous year[25]. - The group's gross profit decreased by approximately 24.39% to about HKD 25,490,000, with a gross margin of 21.28% compared to 21.64% in the previous year[26]. - Other income increased slightly to approximately HKD 2,640,000, mainly due to subsidies received under the "Employment Support Scheme" from the Hong Kong government[27]. - Sales expenses decreased by approximately HKD 4,700,000 to about HKD 8,170,000, primarily due to reductions in employee costs and marketing-related expenses[29]. - Administrative expenses decreased by approximately 28.75% to about HKD 25,780,000, mainly due to a reduction in administrative staff costs[33]. - Financing costs for the year were approximately HKD 130,000, down from HKD 250,000 in the previous year[34]. - The company reported a loss attributable to owners of approximately HKD 5,900,000 for the year, compared to a loss of HKD 30,000 for the previous year, primarily due to decreased gains from the sale of a subsidiary[37]. Financial Position - As of March 31, 2023, the current ratio improved to 1.42 from 1.33 the previous year, driven by increases in trade receivables and cash balances[38]. - The group had cash and bank balances of approximately HKD 18,490,000 as of March 31, 2023, up from HKD 12,240,000 the previous year[38]. - The group employed 101 full-time employees as of March 31, 2023, a decrease from 156 employees the previous year, with total employee costs around HKD 40,270,000 compared to HKD 58,060,000 previously[55]. - The group has no interest-bearing debts as of March 31, 2023, making the debt-to-asset ratio not applicable[49]. - The fair value of investment properties as of March 31, 2023, was approximately HKD 1,930,000, down from HKD 2,000,000 the previous year[43]. - The group has no significant contingent liabilities or major commitments as of March 31, 2023[45][47]. - The group has no foreign currency hedging policy but will monitor foreign exchange risks and consider hedging if necessary[48]. - The board decided not to recommend a final dividend for the year[51]. - The company’s available reserves for distribution as of March 31, 2023, were zero, unchanged from the previous year[102]. - The company has not engaged in any purchase, sale, or redemption of its securities during the year[107]. Corporate Governance - The company emphasizes the importance of corporate governance, with independent directors playing key roles in audit and remuneration committees[80]. - The board of directors is committed to high corporate governance standards and has adopted measures to enhance internal control systems[161]. - The company has adhered to the corporate governance code, with the exception of the separation of roles between the chairman and CEO[162]. - The board consists of seven members, including executive and independent non-executive directors, with recent changes in appointments[167]. - The board of directors is committed to acting in the best interests of the company and its shareholders, ensuring compliance with applicable laws and regulations[168]. - The board has established mechanisms to ensure board independence, including the appointment of at least three independent non-executive directors[192]. - The nomination committee is responsible for evaluating the independence of all independent non-executive directors annually, ensuring they can make independent judgments[193]. - The company has a fixed term of one year for both executive and independent non-executive directors, with automatic renewal provisions[184]. - Directors are required to retire at least once every three years, ensuring regular turnover and fresh perspectives on the board[186]. - The company received annual confirmations of independence from all independent non-executive directors, affirming their compliance with GEM listing rules[191]. - The board recognizes the importance of independence for good corporate governance and has implemented policies to maintain it[192]. - The attendance record of directors at meetings demonstrates a commitment to governance and oversight responsibilities[183]. - The board has conducted an annual review of the execution of the decision-making mechanism and found it satisfactory[197]. - All directors have received updates on relevant laws, rules, and regulations to ensure compliance and enhance awareness of good corporate governance practices[198]. - A summary of individual training records for directors has been provided, indicating participation in training courses and reading materials[199]. Strategic Initiatives - The company plans to enhance its capabilities in digital marketing and leverage AI tools to improve operational efficiency and productivity[17]. - The company has diversified its customer base and expanded into new business sectors to increase revenue sources in a changing environment[68]. - The company plans to leverage artificial intelligence (AI) tools like ChatGPT to enhance service efficiency and effectiveness[70]. - The company has implemented cost-saving measures to ensure business stability amid changing market conditions[68]. - The company is committed to becoming an environmentally friendly enterprise by minimizing its impact on the environment[61]. - The company has a strong management team, including Mr. Wu Zhi Feng, who has been with the group since its inception and is responsible for overall business management and marketing[76]. - The company is actively involved in private equity investments in the healthcare sector through its subsidiary, Asia Pacific Chenghua[79]. - The company reported a significant focus on the healthcare sector, with Mr. Yin Di leading the expansion of its core health business across the country[79]. Employee Relations - The company maintains strong relationships with employees, customers, and suppliers, which are deemed crucial for sustainable development[67]. - The company emphasizes fair employment practices and has implemented anti-discrimination policies to ensure equal opportunities for all employees[177]. - The company has a total of 101 employees as of March 31, 2023, with a gender composition of approximately 46.53% male and 53.47% female[177]. - The board aims to maintain gender diversity, with at least one female director currently serving on the board[174]. Awards and Recognition - The group maintained high-quality service and innovative solutions, earning recognition in the industry, including nominations for the 2022 Golden Award and winning the 2022 Markies Awards[16]. - The company has received multiple awards in the Asia-Pacific and Hong Kong markets, including the 2016 Marketing Events Award[77]. Shareholder Information - The company has a stock option plan that allows for the issuance of shares up to 10% of the total shares issued at the time of listing[112]. - The company has a total of 166,720,000 unexercised options available for issuance under the share option plan, which represents approximately 10% of the issued shares as of March 31, 2023[121]. - The share option plan will remain effective for a period of ten years from the date of its adoption[121]. - The maximum number of shares that can be issued under the share option plan in any 12-month period is capped at 1% of the company's issued shares[115]. - The exercise price for any share options is determined by the board but cannot be lower than the highest of the closing price on the date of the offer, the average closing price over the preceding five trading days, or the par value of the shares[119]. - The company has not entered into any equity-linked agreements during the year[122]. - The board of directors has confirmed the independence of all independent non-executive directors as of the report date[125]. - The company confirmed compliance with non-competition commitments from its controlling shareholders, as stated in the annual declaration[152]. - The company changed its name to "Guoen Holdings Limited" and "國恩控股有限公司" as approved in a special shareholders' meeting on April 25, 2023[154].

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佈的內容概不負責,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佈全部或任何部份內容而 產生或因倚賴該等內容而引致的任何損失承擔任何責任。 Guoen Holdings Limited 國恩控股有限公司 (前稱為超凡網絡(控股)有限公司 Guru Online (Holdings) Limited) (於開曼群島註冊成立的有限公司) (股份代號:8121) 截至二零二三年三月三十一日止年度的 年度業績公佈 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聯交所主板買賣 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。 本公佈乃根據聯交所GEM證券上市規則(「GEM上市規則」)的規定而提供有關國恩控股 有限公司(前稱為超凡網絡(控股)有限公司)(「本公司」,連同其 ...

Financial Performance - For the nine months ended December 31, 2022, the company reported total revenue of HKD 93,005,000, a decrease of 26% compared to HKD 125,626,000 for the same period in 2021[4] - The gross profit for the nine months ended December 31, 2022, was HKD 17,518,000, down 35% from HKD 26,876,000 in the previous year[4] - The company recorded a loss attributable to owners of HKD 5,758,000 for the nine months ended December 31, 2022, compared to a loss of HKD 9,176,000 for the same period in 2021, representing a 37% improvement[4] - The basic and diluted loss per share for the nine months ended December 31, 2022, was HKD 3.45, an improvement from HKD 5.50 in the same period of 2021[4] - The company reported a total comprehensive loss of HKD 5,231,000 for the nine months ended December 31, 2022, compared to a total comprehensive loss of HKD 9,815,000 for the same period in 2021[6] - Other income for the nine months ended December 31, 2022, increased to HKD 2,683,000 from HKD 516,000 in 2021, a significant rise of 418.0%[19] - The group reported a loss attributable to owners of approximately HKD 5,760,000, a decrease from HKD 9,180,000 in the previous period[40] - Basic and diluted loss per share for the nine months ended December 31, 2022, was HKD 0.0345, compared to HKD 0.0550 for the same period in 2021[26] Revenue Breakdown - Revenue for digital advertising services decreased to HKD 1,996,000 in Q3 2022 from HKD 2,514,000 in Q3 2021, a decline of 20.5%[17] - Social media management services revenue fell to HKD 7,680,000 in Q3 2022 from HKD 10,672,000 in Q3 2021, representing a decrease of 28.0%[17] - Creative and technology services revenue dropped to HKD 23,847,000 in Q3 2022 from HKD 32,882,000 in Q3 2021, a decline of 27.5%[17] - Revenue from social media management services was approximately HKD 25,540,000, accounting for about 27.46% of total revenue[31] - Revenue from digital advertising services was approximately HKD 7,060,000, representing about 7.59% of total revenue[31] - Revenue from creative and technology services was approximately HKD 60,400,000, making up about 64.95% of total revenue[31] Expenses and Financial Management - Sales expenses decreased by approximately 35.12% to about HKD 6,650,000, primarily due to reduced marketing-related expenses and employee costs[35] - Administrative expenses decreased by approximately 28.11% to about HKD 19,590,000, mainly due to a reduction in administrative employee costs[36] - The gross profit margin decreased from approximately 21.39% to 18.84% due to service costs increasing more than revenue[33] Corporate Governance and Management - The company has complied with the corporate governance code, except for a specific provision under section C.2.1[60] - The board is committed to maintaining high standards of corporate governance and has adopted measures to enhance internal control systems[59] - The company has established an audit committee consisting of three independent non-executive directors to oversee financial reporting and internal controls[63] - The audit committee has reviewed the unaudited consolidated results for the period and confirmed compliance with applicable accounting standards and GEM listing rules[65] - The chairman and CEO roles are held by the same individual, which the board believes provides consistent leadership and effective management[62] - The executive directors include the chairman and CEO, along with three other executive members, ensuring a diverse leadership team[66] Future Outlook and Strategic Direction - The company has not provided specific guidance for future performance or market expansion strategies in the available documents[10] - The company has not disclosed any new strategies or market expansions during the reporting period[56] - The company plans to continue diversifying its products and services to strengthen its operational segments despite a challenging business environment[30] Shareholder Information - As of December 31, 2022, the total number of share options available for subscription under the share option scheme is 166,720,000, which represents approximately 10% of the issued shares as of the report date[53] - Mr. Ye Shuo Lin and Ms. Yin Wei Ting each hold 50.00% of Cooper Global Capital Limited, which holds shares in the company, thus they are deemed to have interests in the shares held by Cooper Global[51] - The total number of shares held by Mr. Ye Shuo Lin is 10,000, representing 0.006% of the total shares[50] - There are no known interests or short positions held by directors or senior management in the company's shares or related securities as of December 31, 2022[52] - The company has not purchased, sold, or redeemed any of its securities during the reporting period[58] Government Support - The company received government subsidies amounting to approximately HKD 2,371,000 under the anti-epidemic fund during the nine months ended December 31, 2022[19]