Financial Performance - Revenue for the six months ended September 30, 2023, was HKD 30,721,000, representing a 35.5% increase compared to HKD 22,639,000 for the same period in 2022[11] - The net profit attributable to owners for the six months ended September 30, 2023, was HKD 2,029,000, a slight increase from HKD 1,985,000 in the same period last year, reflecting a 2.2% growth[11] - Basic and diluted earnings per share for the six months ended September 30, 2023, were HKD 0.25, unchanged from the previous year[11] - Total comprehensive income for the three months ended September 30, 2023, was HKD 1,553,000, compared to HKD 2,122,000 for the same period in 2022, indicating a decrease of 26.8%[11] - The company reported a profit of HKD 2,029 thousand for the six months ended September 30, 2023, compared to HKD 1,985 thousand for the same period in 2022, indicating a growth of approximately 2.2%[14] - The company reported a pre-tax profit of HKD 1,000,000 for the six months ended September 30, 2023, compared to HKD 800,000 in the same period of 2022, indicating a growth of 25%[29] Expenses and Costs - Employee costs for the six months ended September 30, 2023, increased to HKD 19,409,000 from HKD 13,419,000 in the previous year, marking a 44.7% rise[11] - The total operating expenses for the six months ended September 30, 2023, were HKD 8,739,000, compared to HKD 7,567,000 in the previous year, indicating a 15.4% increase[11] - Other operating expenses increased by approximately 14.5% to HKD 8.7 million from HKD 7.6 million, driven by higher settlement, error, and marketing expenses[60] - The company reported a financing cost of HKD 83,000 for the six months ended September 30, 2023, compared to HKD 68,000 in the previous year, which is a 22.1% increase[11] Assets and Liabilities - As of September 30, 2023, the company's total assets amounted to HKD 93,407 thousand, a decrease from HKD 94,024 thousand as of March 31, 2023, reflecting a decline of approximately 0.65%[13] - The company's cash and cash equivalents increased to HKD 60,210 thousand from HKD 54,624 thousand, representing an increase of about 10.3%[16] - The total equity increased to HKD 85,742 thousand as of September 30, 2023, up from HKD 83,713 thousand as of March 31, 2023, marking an increase of about 2.4%[13] - Trade receivables decreased to HKD 10,314 thousand from HKD 14,840 thousand, a reduction of approximately 30.5%[13] - The company’s current liabilities decreased to HKD 6,980 thousand from HKD 8,823 thousand, reflecting a decrease of about 20.9%[13] Cash Flow - The net cash generated from operating activities for the six months ended September 30, 2023, was HKD 5,929 thousand, a significant improvement compared to a net cash used of HKD 1,100 thousand in the same period of 2022[16] - Cash and bank balances were approximately HKD 60.2 million as of September 30, 2023, compared to HKD 54.6 million as of March 31, 2023[64] Share and Equity Management - The company has not issued any shares under the share award scheme during the six months ended September 30, 2023, compared to 8,400,000 shares issued in the same period of 2022[14] - The company has a share option scheme in place since July 30, 2018, allowing for the granting of options not exceeding 10% of the issued shares at any time[43] - The total number of shares awarded under the share award plan is 88,000,000, with a total fair value of approximately HKD 5,984,000[50] - The company has no unvested award shares as of September 30, 2023, indicating effective management of the share award scheme[94] Corporate Governance - The company is committed to maintaining compliance with the GEM listing rules and ensuring the accuracy of its financial reporting[9] - The company has complied with the corporate governance code as of September 30, 2023, indicating a commitment to high standards of corporate governance[89] - The audit committee has reviewed the unaudited condensed consolidated financial statements for the six months ending September 30, 2023[96] - All directors have confirmed compliance with the trading standards set out in the GEM Listing Rules for the six months ending September 30, 2023, with no irregularities reported[90] Market and Business Strategy - The company has not provided specific guidance for future performance but continues to focus on market expansion and new product development strategies[11] - The company focused on providing brokerage services, with all assets located in Hong Kong and all major revenues sourced from the same region[25] - Revenue from the Hong Kong Stock Exchange accounted for 92.1% of total revenue, amounting to HKD 28.3 million, up from 89.8% or HKD 20.3 million in the previous year[57] Employee and Management - The total remuneration for key management personnel for the six months ended September 30, 2023, was HKD 10,361,000, compared to HKD 7,057,000 for the same period in 2022, reflecting a 46.5% increase[54] - The total number of employees increased from 25 to 27 as of September 30, 2023[78] Other Information - The company did not recognize any government grants during the six months ended September 30, 2023, compared to HKD 454 thousand recognized in the same period of 2022[16] - The company received a government subsidy of HKD 454,000 under the "Employment Support" scheme for the six months ended September 30, 2022, which was not applicable in 2023[27] - The company did not purchase, sell, or redeem any of its listed securities during the six months ended September 30, 2023[87] - The company believes that foreign exchange risk has a minimal impact on its operations[76]

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告全部或任何部分內容而產生或因 倚賴該等內容而引致的任何損失承擔任何責任。 DLC Asia Limited 衍 匯 亞 洲 有 限 公 司* （於開曼群島註冊成立的有限公司） （股份代號 ：8210） 截至二零二三年九月三十日止六個月的 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。 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 衍匯亞洲有限公司（「本公司」）的資料；本公司的董事（「董事」）願就本公告的資料共同及個別 地承擔全部責任。各董事在作出一切合理查詢後，確認就其所深知 ...

Financial Performance - The company reported revenue of HKD 14,339,000 for the three months ended June 30, 2023, representing a 45.5% increase compared to HKD 9,855,000 in the same period of 2022[8]. - Total revenue and other income reached HKD 14,552,000, a 45.0% increase from HKD 10,023,000 in the previous year[8]. - For the three months ended June 30, 2023, the company's revenue was approximately HKD 14.3 million, an increase of about 44.4% compared to approximately HKD 9.9 million for the same period in 2022[23]. - Commission income from futures non-settlement brokerage for the three months ended June 30, 2023, was HKD 14,339,000, compared to HKD 9,855,000 for the same period in 2022[16]. - The company achieved a profit before tax of HKD 528,000, compared to a loss of HKD 137,000 in the same quarter of 2022[8]. - The net profit attributable to owners of the company was HKD 476,000, a significant recovery from a loss of HKD 137,000 in the prior year[8]. - The company recorded a pre-tax profit of approximately HKD 476,000 for the three months ended June 30, 2023, compared to a loss of approximately HKD 137,000 for the same period in 2022[20]. - The basic and diluted earnings per share were HKD 0.06, compared to a loss per share of HKD 0.02 in the same quarter of 2022[8]. Expenses - Employee costs increased to HKD 9,398,000, up 39.5% from HKD 6,736,000 in the previous year[8]. - Other operating expenses rose to HKD 4,211,000, an increase of 24.5% from HKD 3,380,000 year-on-year[8]. - Employee costs rose from approximately HKD 6.7 million to approximately HKD 9.4 million, an increase of about 40.3%, primarily due to bonuses linked to revenue growth[27]. - Other operating expenses increased from approximately HKD 3.4 million to approximately HKD 4.2 million, a rise of about 23.5%, driven by increases in settlement, error, and marketing expenses[29]. - Settlement expenses for the three months ended June 30, 2023, were approximately HKD 1.4 million, up 43.4% from approximately HKD 976,000 in the same period last year[29]. Equity and Shareholder Information - The company’s total equity as of June 30, 2023, was HKD 84,189,000, compared to HKD 79,797,000 a year earlier, reflecting a growth of 5.0%[10]. - As of June 30, 2023, Oasis Green Ventures Limited holds 278,000,000 shares, representing approximately 34.75% of the company's total issued shares[49]. - The total number of shares held by major shareholders, including related interests, amounts to 294,000,000 shares, which is approximately 36.75% of the company's total issued shares[49]. - The company has a stock option plan that allows for the issuance of up to 80,000,000 shares, which represents 10% of the total issued share capital as of the report date[56]. - The stock option plan has a remaining validity of approximately 5 years from the adoption date[56]. - The number of shares available for issuance under the share incentive plan is 120,000,000, representing 15% of the total issued share capital as of the report date[58]. Corporate Governance - The company has complied with the corporate governance code as per GEM listing rules during the three months ending June 30, 2023[54]. - The company has maintained a high level of corporate governance, which is deemed essential for sustainable development and growth[54]. - The audit committee was established on July 30, 2018, and consists of three independent non-executive directors[59]. - The audit committee reviewed the unaudited condensed consolidated financial statements for the three months ended June 30, 2023[59]. - The company has confirmed that all directors have adhered to the trading standards set forth in the GEM listing rules during the reporting period[55]. - No directors or major shareholders have any competing business interests or conflicts of interest with the company's operations as of June 30, 2023[52]. Dividends and Future Plans - The company did not declare or propose any dividends for the three months ended June 30, 2023, consistent with the same period in 2022[19]. - The company has not disclosed any new product developments or market expansion strategies in the current report[7]. - There have been no significant changes in the company's business and future development since the publication of the annual report for the year ended March 31, 2023[23]. - As of June 30, 2023, the company had no significant investments or capital asset plans[39]. Risk Management - The company reported no foreign exchange risk impact on its operations, primarily conducted in HKD and USD[42]. - The company maintained a stable liquidity position, monitoring cash flow daily to meet funding needs and regulatory requirements[34]. Other Information - The report will be available on the Stock Exchange's website for at least seven days from the date of publication[60]. - The executive directors include Liu Mingyang, Cai Wenhao, Wu Yuhui, and Shao Jinwen[60]. - The independent non-executive directors include Wen Xianfu, Ke Yanfeng, and Wu Binglin[60]. - The company has not purchased, sold, or redeemed any of its listed securities during the three months ending June 30, 2023[53]. - No new shares have been granted under the stock option plan since its adoption[56]. - A total of 88,000,000 incentive shares have been granted under the share incentive plan, all of which have vested to the relevant participants[58]. - No incentive shares were granted, cancelled, lapsed, or vested during the three months ended June 30, 2023[58].

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告全部或任何部分內容而產生或因 倚賴該等內容而引致的任何損失承擔任何責任。 DLC Asia Limited 衍 匯 亞 洲 有 限 公 司* （於開曼群島註冊成立的有限公司） （股份代號 ：8210） 截至二零二三年六月三十日止三個月的 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。 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 衍匯亞洲有限公司（「本公司」）的資料；本公司的董事（「董事」）願就本公告的資料共同及個別 地承擔全部責任。各董事在作出一切合理查詢後，確認就其所 ...

Financial Performance - The company's revenue for the fiscal year 2023 was approximately HKD 56.9 million, representing a year-on-year growth of 43.3% from HKD 39.7 million in fiscal year 2022[12]. - The company reported a post-tax profit of HKD 3.9 million for fiscal year 2023, a significant improvement from a loss of HKD 8.8 million in fiscal year 2022[8]. - Other income increased from HKD 0 in fiscal year 2022 to approximately HKD 692,000 in fiscal year 2023, primarily due to government subsidies related to the COVID-19 pandemic amounting to HKD 504,000[16]. - The group recorded a profit of approximately HKD 3.9 million in FY2023, compared to a loss of HKD 8.8 million in FY2022, primarily due to revenue growth and reduced depreciation[21]. Revenue Breakdown - The revenue breakdown for fiscal year 2023 included HKD 51.4 million (90.3%) from the Hong Kong Stock Exchange, HKD 0.5 million (0.9%) from the Singapore Exchange, HKD 0.02 million (0.1%) from the European Exchange, and HKD 5.0 million (8.7%) from over-the-counter transactions[14]. Expenses and Costs - Employee costs rose from approximately HKD 28.8 million in fiscal year 2022 to about HKD 36.5 million in fiscal year 2023, an increase of approximately 26.7% driven by bonuses linked to revenue growth[17]. - Other operating expenses increased from approximately HKD 13.8 million in FY2022 to approximately HKD 17.2 million in FY2023, representing a rise of about 24.6%[19]. - Settlement expenses for FY2023 were approximately HKD 5.3 million, up HKD 2.0 million or 60.6% from approximately HKD 3.3 million in FY2022[19]. Assets and Liabilities - Current assets increased to approximately HKD 89.5 million in FY2023 from HKD 82.4 million in FY2022, while current liabilities rose to HKD 8.8 million from HKD 3.6 million[23]. - The current ratio decreased to approximately 10.1 times in FY2023 from 22.7 times in FY2022, indicating a change in financial strength[23]. - Cash and bank balances were approximately HKD 54.6 million in FY2023, slightly up from HKD 53.2 million in FY2022, indicating sufficient resources for operational needs[23]. Management and Governance - The company has a strong management team with extensive experience in the financial services industry, enhancing its operational capabilities[46]. - The group is focused on compliance and risk management, with key executives responsible for overseeing these areas[43][47]. - The company emphasizes the importance of good corporate governance to maintain transparency and accountability, with policies in place to promote business growth[70]. - The board of directors has complied with all provisions of the corporate governance code for the fiscal year 2023[71]. Board Composition and Committees - The board consists of four executive directors and three independent non-executive directors, meeting the GEM listing rules requirements[74]. - The audit committee is tasked with reviewing and supervising the integrity of the group's financial information and reporting[92]. - The nomination committee consists of three members, all of whom are independent non-executive directors, ensuring compliance with GEM listing rules[94]. Risk Management - The board is responsible for risk management and internal control systems, which are designed to manage risks rather than eliminate them[110]. - The company has established risk management procedures and guidelines, with annual self-assessments to ensure compliance with monitoring policies[111]. - No significant internal control deficiencies were reported in the fiscal year 2023, indicating effective risk management practices[111]. Environmental, Social, and Governance (ESG) - The ESG report outlines the company's performance in sustainable development and corporate social responsibility for the period from April 1, 2022, to March 31, 2023[123]. - The company has set multiple ESG performance goals and indicators to enhance its ESG performance[138]. - The board of directors is directly responsible for overseeing ESG-related issues and has engaged an independent consulting firm for materiality assessment[138]. Employee and Workplace Policies - The company reported a total employee count of 26 for the fiscal year 2023, unchanged from the previous year[148]. - The employee turnover rate decreased to 15% in fiscal year 2023 from 27% in fiscal year 2022[150]. - The group implements an 8-hour workday and a 5-day workweek, providing competitive compensation and various employee benefits[153]. Compliance and Ethics - The group has a zero-tolerance policy towards corruption and has organized anti-money laundering training for all licensed employees[160]. - The group complies with all relevant laws and regulations regarding anti-corruption, with no known violations reported during the year[161].

香港交易及結算所有限公司及香港聯合交易所有限公司（「聯交所」）對本公告的內容概不負責， 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告全部或任何部分內容而 產生或因倚賴該等內容而引致的任何損失承擔任何責任。 DLC Asia Limited 衍 匯 亞 洲 有 限 公 司* （於開曼群島註冊成立的有限公司） （股份代號 ：8210） 截至二零二三年三月三十一日止年度的 年度業績公告 衍匯亞洲有限公司（「本公司」）董事（「董事」）會（「董事會」）欣然宣佈本公司及 其附屬公司（統稱「本集團」）截至二零二三年三月三十一日止年度的經審核綜 合年度業績。本公告載有本公司二零二三年年報全文，符合香港聯合交易所有 限公司GEM證券上市規則（「GEM上市規則」）有關隨附年度業績初步公告的資 料的相關規定。本公司二零二三年年報的印刷本將於適當時候按GEM上市規 則所規定的方式寄發予本公司股東，並將於聯交所網站www.hkexnews.hk及本 公司網站www.derivaasia.com可供查閱。 ...

Financial Performance - The company's revenue for the three months ended December 31, 2022, was HKD 16,285,000, representing a 80.4% increase compared to HKD 9,045,000 for the same period in 2021[8] - For the nine months ended December 31, 2022, the total revenue reached HKD 38,924,000, up 30.6% from HKD 29,810,000 in the previous year[8] - The company reported a profit before tax of HKD 2,054,000 for the nine months ended December 31, 2022, compared to a loss of HKD 4,072,000 for the same period in 2021[8] - Basic and diluted earnings per share for the nine months ended December 31, 2022, were HKD 0.26, an improvement from a loss of HKD 0.51 in the previous year[8] - The total comprehensive income for the nine months ended December 31, 2022, was HKD 2,054,000, compared to a total comprehensive loss of HKD 4,053,000 for the same period in 2021[8] - For the nine months ended December 31, 2022, the company reported a profit of approximately HKD 2,054,000, compared to a loss of HKD 4,053,000 for the same period in 2021[20] - Commission income from futures non-settlement brokerage for the nine months ended December 31, 2022, was HKD 38,924,000, representing a 30.6% increase from HKD 29,810,000 in the same period of 2021[16] - Basic earnings per share for the nine months ended December 31, 2022, was approximately HKD 0.0026, compared to a loss per share of HKD 0.0051 for the same period in 2021[20] - The company recorded a profit of approximately HKD 2.1 million for the nine months ended December 31, 2022, compared to a loss of HKD 4.1 million for the same period in 2021[34] Employee Costs - Employee costs for the nine months increased to HKD 25,583,000, a rise of 17.5% from HKD 21,790,000 in the same period last year[8] - Employee costs increased from approximately HKD 21.8 million to HKD 25.6 million, reflecting a growth of about 17.4% due to increased bonuses[28] Expenses and Financial Position - Total financing costs for the nine months ended December 31, 2022, were HKD 82,000, compared to HKD 59,000 for the same period in 2021, reflecting an increase in interest expenses[17] - The company reported a net exchange loss of HKD 113,000 for the nine months ended December 31, 2022, compared to a net exchange loss of HKD 44,000 for the same period in 2021[18] - Other operating expenses rose from approximately HKD 10.1 million to HKD 11.8 million, an increase of about 16.8% primarily due to higher settlement and error expenses[30] - Settlement expenses for the nine months ended December 31, 2022, were approximately HKD 3.6 million, an increase of 44.0% from HKD 2.5 million in the previous year[30] Share Capital and Dividends - The company has issued 8,400,000 shares under the share incentive plan during the nine months ended December 31, 2022[9] - The issued share capital of the company remained unchanged at HKD 8 million, consisting of 800,000,000 ordinary shares[38] - The company did not declare or propose any dividends for the nine months ended December 31, 2022, consistent with the previous year[19] - The board decided not to declare an interim dividend for the nine months ended December 31, 2022[49] Government Subsidies and Compliance - The company received government subsidies totaling HKD 504,000 under the "Employment Support Scheme," which provided 50% wage subsidies for eligible employees[16] - The company has complied with all additional conditions of the government subsidy program during the reporting period[16] - The company’s financial statements were prepared in accordance with the applicable disclosure provisions of the GEM Listing Rules[12] - The company has adhered to the corporate governance code as per GEM listing rules for the nine months ending December 31, 2022[59] - The audit committee has reviewed the unaudited condensed consolidated financial statements for the nine months ending December 31, 2022[66] - All directors have confirmed compliance with the trading standards set out in GEM listing rules for the nine months ending December 31, 2022[60] Market Strategy and Future Plans - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[7] Employee Count and Operations - The group had a total of 25 employees as of December 31, 2022, down from 28 employees a year earlier[48] - There were no significant acquisitions or disposals of subsidiaries, associates, or joint ventures during the nine months ended December 31, 2022[43] - The group had no significant contingent liabilities as of December 31, 2022, and December 31, 2021[44] - The group had no major future investment or capital asset plans as of December 31, 2022[42] - During the review period, the group had no significant investments representing 5% or more of total assets[40] - There were no purchases, sales, or redemptions of the company's listed securities during the nine months ended December 31, 2022[57] - No directors or major shareholders had any competitive interests or conflicts of interest with the group's business during the nine months ended December 31, 2022[56] - The company has granted a total of 88,000,000 reward shares under the share reward plan, all of which have vested as of December 31, 2022[65] - The total number of share options that may be issued under the share option plan is 80,000,000 shares, representing 10% of the total issued share capital as of the report date[61] - The group generated revenue primarily in HKD and USD, with minimal foreign exchange risk impact[46]

Financial Performance - Revenue for the six months ended September 30, 2022, was HKD 22,639,000, representing an increase of 9% compared to HKD 20,765,000 for the same period in 2021[11] - The company reported a profit before tax of HKD 1,985,000 for the six months ended September 30, 2022, compared to a loss of HKD 1,592,000 in the same period of 2021[11] - Basic and diluted earnings per share for the six months ended September 30, 2022, were HKD 0.25, compared to a loss per share of HKD 0.20 for the same period in 2021[11] - Total comprehensive income for the three months ended September 30, 2022, was HKD 2,122,000, compared to HKD 657,000 for the same period in 2021[11] - The company reported a net profit of approximately HKD 1,985,000 for the six months ended September 30, 2022, compared to a net loss of HKD 1,545,000 for the same period in 2021[32] - The group recorded a profit of approximately HKD 2.0 million for the six months ended September 30, 2022, compared to a loss of HKD 1.5 million for the same period in 2021[62] Revenue Sources - Revenue from futures brokerage commissions for the six months ended September 30, 2022, was HKD 22,639,000, an increase of 9% compared to HKD 20,765,000 for the same period in 2021[24] - The increase in revenue is primarily attributed to a rise in trading volume on the Hong Kong Stock Exchange[56] - The company’s main business involves providing brokerage services for derivative instruments, generating income solely from commission revenue[54] Expenses and Costs - The company experienced a decrease in employee costs, which were HKD 13,419,000 for the six months ended September 30, 2022, down from HKD 14,351,000 in the same period of 2021, reflecting a reduction of approximately 6%[11] - Total operating expenses for the six months ended September 30, 2022, were HKD 7,567,000, an increase from HKD 6,710,000 in the same period of 2021[11] - Other operating expenses increased from approximately HKD 6.7 million to HKD 7.6 million, an increase of about 13.4%, mainly due to higher settlement and error expenses[60] - Financing costs for the six months ended September 30, 2022, totaled HKD 68,000, an increase from HKD 43,000 in the same period of 2021[28] Assets and Liabilities - As of September 30, 2022, the company's total assets amounted to HKD 83,348,000, compared to HKD 82,429,000 as of March 31, 2022, reflecting a slight increase of 1.1%[13] - Trade receivables increased significantly to HKD 12,838,000 from HKD 8,556,000, representing a growth of 50.9%[13] - The company's cash and cash equivalents decreased to HKD 51,748,000 from HKD 53,228,000, a decline of 2.8%[13] - The net asset value rose to HKD 81,786,000 from HKD 79,797,000, indicating an increase of 2.5%[13] - The total lease liabilities as of September 30, 2022, were approximately HKD 689,000, down from HKD 1,506,000 as of March 31, 2022, reflecting a decrease of about 54.3%[37] Cash Flow - Operating cash flow before changes in working capital improved to HKD 1,657,000 from a negative HKD 117,000 year-on-year[17] - The company received government grants totaling HKD 454,000 during the reporting period, which positively impacted cash flow[17] - The total cash outflow for leases, including interest paid and lease payments, was approximately HKD 834,000 for the six months ended September 30, 2022, unchanged from the same period in the previous year[39] Shareholder Information - As of September 30, 2022, the company had a total of 68,000,000 shares held by Mr. Wu Yuhui, representing approximately 8.50% of the company's equity[80] - Major shareholder Oasis Green Ventures Limited owned 278,000,000 shares, which is approximately 34.75% of the company's equity[82] - The total shares held by Mr. Yu Guodong and his spouse amounted to 294,000,000 shares, which is about 36.75% of the company's equity[82] Corporate Governance - The company maintained compliance with the corporate governance code as per GEM listing rules during the reporting period[88] - All directors confirmed adherence to trading standards set forth in GEM listing rules during the six months ending September 30, 2022[89] - The audit committee was established on July 30, 2018, and consists of three independent non-executive directors, responsible for reviewing financial information and risk management[94] Future Outlook - The company has not provided specific guidance for future performance but indicated a focus on market expansion and new product development[11] - The company plans to continue its focus on expanding its market presence and enhancing its product offerings in the upcoming periods[18]

Financial Performance - The company's revenue for the three months ended June 30, 2022, was HKD 9,855,000, representing an increase of 10% compared to HKD 8,953,000 for the same period in 2021[9]. - Total income, including other income and gains, reached HKD 10,023,000, up from HKD 8,953,000 year-on-year, marking a growth of approximately 12%[9]. - The company reported a pre-tax loss of HKD 137,000, a significant improvement compared to a loss of HKD 2,225,000 in the previous year, indicating a reduction in losses by approximately 94%[9]. - Basic and diluted loss per share improved to HKD 0.02 from HKD 0.28, reflecting a decrease in loss per share by about 93%[9]. - The company reported a loss attributable to owners of approximately HKD 137,000 for the three months ended June 30, 2022, compared to a loss of HKD 2,202,000 for the same period in 2021, representing a significant reduction in losses[25]. - Revenue increased from approximately HKD 9.0 million for the three months ended June 30, 2021, to approximately HKD 9.9 million for the three months ended June 30, 2022, representing a growth of about 10.0% due to increased trading volume[30]. Expenses and Costs - Employee costs decreased to HKD 6,736,000 from HKD 7,426,000, showing a reduction of approximately 9%[9]. - The company did not incur any depreciation expenses during the quarter, compared to HKD 633,000 in the same period last year[9]. - Other operating expenses increased slightly to HKD 3,380,000 from HKD 3,096,000, representing an increase of about 9%[9]. - Employee costs decreased from approximately HKD 7.4 million to approximately HKD 6.7 million, a decline of about 9.5%, primarily due to a reduction in the number of employees[32]. - Other operating expenses rose from approximately HKD 3.1 million to approximately HKD 3.4 million, an increase of about 9.7%, mainly attributed to higher settlement costs[35]. - The financing costs for the three months ended June 30, 2022, totaled HKD 44,000, compared to HKD 23,000 for the same period in 2021, indicating an increase of approximately 91.3%[22]. Shareholder Information - The total equity attributable to the owners of the company as of June 30, 2022, was HKD 79,664,000, down from HKD 88,299,000 a year earlier, indicating a decrease of approximately 10%[11]. - The company issued 8,400,000 shares under the share incentive plan during the quarter, compared to 30,916,000 shares in the same period last year[11]. - As of June 30, 2022, Oasis Green Ventures Limited holds 278,000,000 shares, representing 34.75% of the company's equity[57]. - The total number of shares held by major shareholders, including spouse interests, amounts to 294,000,000 shares, which is 36.75% of the company's equity[57]. - Jolly Ocean Global Limited, controlled by Liu Mingkang, holds 96,000,000 shares, accounting for 12.00% of the company's equity[57]. - The total number of stock options that may be granted under the stock option plan is 80,000,000 shares, which represents 10% of the total issued share capital as of the report date[65]. Corporate Governance - The company has complied with the corporate governance code as per GEM Listing Rules during the three months ending June 30, 2022[63]. - The company aims to maintain high levels of corporate governance, which is crucial for its sustainable development and growth[63]. - The audit committee was established on July 30, 2018, and consists of three independent non-executive directors, responsible for reviewing financial information and risk management[70]. - The audit committee has reviewed the unaudited condensed consolidated financial statements for the three months ended June 30, 2022[71]. - No directors or major shareholders have engaged in any business that competes with the company's operations during the reporting period[60]. - There are no records of any interests or short positions in shares or related securities held by directors or senior management as of June 30, 2022[59]. Dividends and Incentives - The company did not declare or propose any dividends for the three months ended June 30, 2022, consistent with the same period in 2021[24]. - The board decided not to declare an interim dividend for the three months ended June 30, 2022[52]. - The company has granted a total of 88,000,000 incentive shares under the share incentive plan, all of which have vested as of June 30, 2022[69]. - The company has not granted any stock options under the stock option plan since its adoption[66]. Operational Updates - The company has not reported any new product developments or market expansions during this quarter[8]. - The company operates as a futures non-settlement broker, providing derivative brokerage services exclusively to professional investors[27]. - The group maintained a prudent liquidity position, monitoring cash flow daily to meet funding needs and regulatory requirements[40]. - The group had no significant investments valued at 5% or more of total assets during the review period[43]. - There were no major acquisitions or disposals of subsidiaries, associates, or joint ventures during the three months ended June 30, 2022[47]. - The group had no capital commitments related to property and equipment acquisitions as of June 30, 2022[42]. - The group had a total of 25 employees as of June 30, 2022, down from 28 employees a year earlier[51].

Financial Performance - The company's revenue for the fiscal year 2022 was approximately HKD 39.7 million, a decrease of 26.5% compared to HKD 54.0 million in the fiscal year 2021[9]. - The after-tax loss for the fiscal year 2022 was HKD 8.8 million, up from a loss of HKD 3.5 million in the fiscal year 2021[9]. - The significant one-time impairment loss of HKD 3.4 million contributed to the increased loss in fiscal year 2022[9]. - The group recorded a loss of approximately HKD 8.8 million in FY2022, compared to a loss of HKD 3.5 million in FY2021, with the increase in loss mainly due to revenue decline and impairment losses on property and equipment[22]. - Other income decreased from approximately HKD 1.6 million in FY2021 to approximately HKD 0 in FY2022, a decline of about 100% due to government subsidies received in FY2021 related to COVID-19[18]. Revenue Breakdown - The revenue breakdown for fiscal year 2022 included HKD 34.8 million (87.8%) from the Hong Kong Stock Exchange, HKD 0.6 million (1.5%) from the Singapore Exchange, HKD 0.08 million (0.2%) from the European Exchange, and HKD 4.2 million (10.5%) from over-the-counter trading[16]. Operational Challenges - The company faced challenges due to the ongoing COVID-19 pandemic and sanctions imposed by the U.S. on certain Chinese companies, which significantly impacted client activities and trading volumes[9]. - The trading volume was severely affected by intermittent lockdowns and social distancing measures in Hong Kong[9]. Future Plans and Strategies - The company plans to expand its product offerings and recruit new staff to capture a larger market share despite the anticipated challenges in 2023[10]. - The company aims to maintain a balance between stability and innovation to continue providing quality services to clients and returns to shareholders[10]. - The company is committed to becoming a leading brokerage firm in the region while ensuring sustainable development[10]. Financial Stability - As of March 31, 2022, the current ratio was approximately 22.7 times, up from 17.8 times in the previous year, indicating strong financial stability[24]. - The interest coverage ratio was approximately (58.2) times in FY2022, compared to (38.9) times in FY2021, reflecting sufficient resources to meet operational funding needs[24]. - The group had no significant investments representing 5% or more of total assets as of March 31, 2022[33]. - The group had no contingent liabilities as of March 31, 2022[37]. Employee Costs and Management - Employee costs fell from approximately HKD 39.3 million in FY2021 to approximately HKD 28.8 million in FY2022, a decrease of about 26.7%, primarily due to reduced bonuses in line with the group's revenue decline[19]. - The company has a strong management team with extensive experience in derivatives trading and financial management, including executives with over 15 years of experience in the industry[69][72][74]. - The management team includes a Chief Financial Officer with over ten years of experience in accounting and finance, enhancing the company's financial oversight capabilities[75]. Corporate Governance - The company emphasizes good corporate governance practices to maintain transparency and accountability, adhering to the principles outlined in the corporate governance code[78][79]. - The board of directors consists of a mix of executive and independent non-executive directors, ensuring compliance with GEM listing rules regarding independent board composition[82]. - The company has established a compliance framework to ensure adherence to regulatory requirements and effective risk management practices[76]. - The company supports the division of responsibilities between the Chairman and the CEO to ensure balanced judgment[87]. Environmental, Social, and Governance (ESG) Initiatives - The company is focusing on sustainability initiatives, aiming to reduce carbon emissions by 20% over the next three years[60]. - The board of directors is directly responsible for overseeing ESG-related issues and ensuring compliance with ESG policies[135]. - Total greenhouse gas emissions for the fiscal year 2022 were 46 tons of CO2 equivalent, a decrease from 48 tons in 2021[144]. - The company emphasizes waste reduction and resource efficiency as part of its waste management goals[145]. Employee Development and Safety - The company emphasizes the importance of employee development and provides various training programs to adapt to changing business environments[154]. - The group has maintained a strong focus on employee health and safety, with no recorded work-related fatalities or lost workdays due to injuries over the past three years[156]. - The company has established special work arrangements for extreme weather conditions to ensure employee safety[149]. Customer Satisfaction and Community Engagement - The group has not received any significant complaints regarding its products and services during the year, indicating a high level of customer satisfaction[166]. - The group actively encourages employee participation in charitable and volunteer activities to contribute to community development[168].