DAFENG PORT(08310)

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大丰港(08310) - 2021 - 中期财报
2021-08-13 08:59
Financial Performance - Total revenue for the six months ended June 30, 2021, was approximately HKD 501.8 million, a decrease of about 60.2% compared to HKD 1,262 million for the same period in 2020[4] - The pre-tax loss for the period was approximately HKD 27.2 million, an increase of about 11.9% from a pre-tax loss of HKD 24.3 million in the same period of 2020[4] - Loss attributable to equity holders of the company was approximately HKD 28.6 million, up about 8.3% from HKD 26.4 million in the same period of 2020[4] - Basic and diluted loss per share was approximately HKD 2.22, compared to HKD 2.05 for the same period in 2020[5] - The company reported a total comprehensive loss of HKD 22.4 million for the six months ended June 30, 2021, compared to HKD 46.0 million for the same period in 2020[10] - The company reported a net loss of HKD 42,396,000 for the six months ended June 30, 2021, compared to a loss of HKD 40,526,000 for the same period in 2020[16] - The company recorded a loss before tax of HKD 27,180,000 for the six months ended June 30, 2021, compared to a loss of HKD 40,285,000 for the same period in 2020, showing an improvement of about 32.5%[32] - The company reported a total loss for the period of HKD 27,226,000, compared to a loss of HKD 40,526,000 in the same period last year, indicating a reduction in losses of approximately 32.8%[32] Assets and Liabilities - Non-current assets as of June 30, 2021, totaled HKD 192.8 million, an increase from HKD 167.8 million as of December 31, 2020[11] - Current assets as of June 30, 2021, were HKD 232.0 million, down from HKD 475.4 million as of December 31, 2020[11] - Total assets decreased to HKD 206,567,000 from a negative net current asset position of HKD 320,008,000 in the previous year[15] - Total assets as of June 30, 2021, amounted to HKD 424,735,000, compared to HKD 643,128,000 as of December 31, 2020, indicating a decrease of approximately 33.9%[37] - Total liabilities as of June 30, 2021, were HKD 829,633,000, a reduction from HKD 1,025,672,000 at the end of 2020, representing a decline of about 19.1%[40] - The company’s net debt position worsened to HKD (404,898,000) from HKD (382,544,000) year-over-year[15] - The company’s total liabilities increased significantly, with current liabilities at HKD 393,025,000 compared to HKD 402,334,000 in the previous year[15] - The company’s total current liabilities were HKD 89,448,000 as of June 30, 2021, down from HKD 129,196,000 as of December 31, 2020[77] Revenue Breakdown - The trading business generated revenue of HKD 486,943,000, down from HKD 1,256,548,000 in the previous year, indicating a decrease of about 61.3%[46] - The petrochemical storage business reported revenue of HKD 14,865,000, an increase from HKD 5,495,000 in the prior year, reflecting a growth of approximately 170.5%[46] - Revenue from external customers in Hong Kong was HKD 353,030,000, significantly down from HKD 1,207,432,000 in the previous year, a decrease of approximately 70.8%[43] - Revenue from external customers in China increased to HKD 139,920,000 from HKD 54,053,000, marking a growth of about 158.5%[43] Cash Flow and Expenditures - Operating cash flow for the period was negative HKD 190,705,000, a significant decline from positive cash flow of HKD 207,995,000 in the previous year[19] - Cash and cash equivalents increased to HKD 31.1 million from HKD 16.1 million as of December 31, 2020[11] - The company’s cash and cash equivalents at the end of the period were HKD 31,051,000, down from HKD 33,247,000 at the end of 2020[19] - The company acquired property, plant, and equipment at a cost of approximately HKD 600,000 during the period, a significant decrease from HKD 8,700,000 in the same period last year[58] - The company has capital expenditure commitments of approximately HKD 242,400,000 as of June 30, 2021, compared to HKD 209,500,000 at the end of 2020[129] Shareholder and Corporate Governance - The company did not recommend any interim dividend for the period, consistent with the previous year[55] - Major shareholders include Dafeng Port Overseas, Jiangsu Dafeng, and Jiangsu Yancheng, each holding approximately 57.46% of the issued share capital[136] - The company has not issued or granted any convertible securities, warrants, or similar rights as of June 30, 2021[132] - The company has adopted a code of conduct for securities trading by directors, ensuring compliance with GEM listing rules, with no known violations during the reporting period[148] - The audit committee, established on August 3, 2013, includes independent non-executive directors and is responsible for reviewing financial statements and overseeing internal control procedures[150] Operational Insights - The company operates in two main segments: trading business and petrochemical product storage services, focusing on electronic products and supply chain management[26] - The company plans to streamline operations and focus on core business development amid ongoing COVID-19 uncertainties[126] - The company aims to identify investment opportunities through the integration and optimization of resources with Jiangsu Yancheng Port Holding Group[126] - The management team regularly reviews foreign currency risks and does not anticipate significant exposure[127] - Jiangsu Dafeng's subsidiary companies are engaged in various trading businesses, including coal, metal ores, and chemical products, which may pose potential competition to the company[145] - The board believes that the product types offered by Jiangsu Dafeng Group differ significantly from those of the company, targeting different customers, thus not posing a significant competitive threat[145] Employee and Operational Costs - As of June 30, 2021, the total employee cost, including director remuneration, was approximately HKD 9,500,000, up from HKD 8,200,000 in the same period last year[128] - The company employs a total of 122 employees as of June 30, 2021, down from 123 employees at the end of 2020[128] Other Financial Information - The total income tax expense for the six months ended June 30, 2021, was HKD 46, unchanged from the same period in 2020[53] - The company has not recognized any impairment for overdue receivables, as the credit quality has not significantly changed[67] - There were no significant contingent liabilities reported as of June 30, 2021[130] - The interim financial statements have not been audited but have been reviewed by the audit committee, which believes they comply with applicable accounting standards and legal requirements[150] - The company expresses gratitude to management, employees, business partners, customers, and shareholders for their ongoing support[153]
大丰港(08310) - 2021 Q1 - 季度财报
2021-05-13 09:05
Dafeng Port Heshun Technology Company Limited 大豐港和順科技股份有限公司 (於開曼群島註冊成立的有限公司) 胎份代號 : 8310 | --- | --- | --- | |-----------|-------|-----------------| | | | | | | | | | | | | | | | | | | | 一季度 業績報告 | | NBOS NBOS | | | 香港聯合交易所有限公司(「聯交所」)GEM之特色 GEM之定位,乃為相比起其他在聯交所上市之公司帶有較高投資風險之中小型公司提供 上市之市場。有意投資之人士應了解投資於該等公司之潛在風險,並應經過審慎周詳之 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買賣之證券可能會較於主板買賣之證券 承受較大之市場波動風險,同時無法保證在GEM買賣之證券會有高流通量之市場。 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,並明確表示概不就因本報告全部或任何部分內容而產生或因倚賴該等 內容而引致之任何損失承擔任何責任。 本報告之資料 ...
大丰港(08310) - 2020 - 年度财报
2021-03-30 09:32
Economic Challenges - The Group faced significant challenges due to the COVID-19 pandemic, which severely impacted international trade and the import/export business of electronic and petrochemical products[16]. - The China-USA trade war intensified during the year, leading to increased tariffs on goods imported from China, negatively affecting the Group's trading and import/export operations[17]. - The macroeconomic environment presented various impacts on the Group's business development, necessitating strategic adjustments[15]. - The Group's performance was influenced by the complex macro situation, including economic downturns and trade frictions[15]. - The overall economic performance deteriorated, leading to a serious negative impact on the Group's core business areas[16]. Business Expansion and Adaptation - The Group expanded its trade business to include medical and food disinfection products, turning challenges into opportunities during the pandemic[16]. - The Group's proactive measures during the pandemic included diversifying into new markets and products[16]. - International crude oil prices experienced volatility, but the Group capitalized on the opportunity to expand its petrochemical storage business in response to China's increased oil reserves[18]. - The Group's strategic response to external challenges included leveraging market opportunities in the petrochemical sector[18]. Financial Performance - The Group's trading business revenue increased by approximately 34.4% to HK$2,018.8 million in 2020, up from HK$1,502.1 million in 2019, primarily due to new product trading related to medical treatment and food disinfection amid COVID-19[27]. - The integrated logistics handling business recorded a revenue decrease of approximately 2.8% to HK$6.9 million in 2020, down from HK$7.1 million in 2019, due to the disposal of 60% equity interests in Jiangsu Hairong[28]. - The petrochemical products storage business saw a revenue increase of 206.3% to approximately HK$24.2 million in 2020, compared to HK$7.9 million in 2019, driven by increased oil product storage quantities as a result of falling international crude oil prices[34]. - The Group's total revenue from continuing operations increased by approximately 35.3% to approximately HK$2,043.0 million in 2020, compared to HK$1,510.0 million in 2019[42]. - The cost of revenue increased by approximately 35.5% to approximately HK$2,010.7 million in 2020, up from HK$1,484.0 million in 2019, mainly due to the increase in trading and storage business[43]. - The Group recorded a gross profit margin of approximately 1.6% for the year, slightly down from 1.7% in 2019, attributed to intense competition in the trade business[44]. - The Group reported a profit of approximately HK$567.9 million for the year, a significant turnaround from a loss of approximately HK$945.0 million in 2019, largely due to a gain from the disposal of 60% equity interests in Jiangsu Hairong[46]. - The profit attributable to equity holders was approximately HK$563.6 million, compared to a loss of approximately HK$946.6 million in 2019, with basic earnings per share of HK cents 43.76[46]. Current Financial Position - As of December 31, 2020, the Group had net current liabilities of approximately HK$320.0 million, a decrease from approximately HK$788.5 million in 2019[47]. - The current ratio as of December 31, 2020, was approximately 0.60, compared to 0.57 in 2019, indicating a slight improvement in liquidity[51]. - The gearing ratio as of December 31, 2020, was approximately negative 120.3%, compared to negative 60.6% in 2019, reflecting a significant increase in debt relative to equity[51]. - The Group's net current liabilities decreased to approximately HK$320,000,000 as of December 31, 2020, down from HK$788,500,000 in 2019[50]. - The Group expects to generate adequate cash flows to maintain its operations moving forward[51]. Investments and Financial Support - The Group plans to invest resources to enhance its trade business and optimize resources in light of the integrated development opportunities with Jiangsu Yancheng[35]. - The Group plans to issue US$55 million in credit enhanced guaranteed bonds intended for professional investors, primarily for refinancing and replenishing working capital[54]. - The Group has obtained financial support of up to RMB1 billion (equivalent to HK$1,188,500,000) from Jiangsu Dafeng, a connected company[51]. Employee and Operational Changes - The Group employed a total of 123 employees as of December 31, 2020, with total staff costs from continuing operations amounting to approximately HK$17.0 million, down from approximately HK$19.5 million in 2019[85]. - The total employee cost from continuing operations for the year was approximately HKD 17,000,000, down from HKD 19,500,000 in 2019, with 123 employees as of December 31, 2020[89]. - The total number of employees decreased from 134 in 2019 to 123 in 2020, reflecting a strategic adjustment in workforce management[89]. Corporate Governance and Compliance - The Company has engaged a professional third-party institution to evaluate ESG risks and opportunities, establishing risk management and internal control policies[94]. - The Company actively communicates with stakeholders to understand their expectations and interests regarding ESG information[95]. - The Company has established an ESG working group that reports to the Board to implement ESG management[94]. - A detailed ESG report is provided in pages 51 to 96 of the annual report[98]. - The Company has maintained compliance with all provisions of the Corporate Governance Code as per GEM Listing Rules during the year[198]. - The Company is committed to continuously reviewing its corporate governance practices to enhance standards and meet regulatory requirements[199]. Shareholder Information - The Board did not recommend the payment of any dividend for the year, consistent with the previous year[72]. - As of December 31, 2020, the Company's reserves available for distribution to shareholders included a share premium account of HK$201.4 million and accumulated losses of approximately HK$591.2 million[138]. - Dafeng Port Overseas holds 740,040,000 shares, representing approximately 57.46% of the total issued shares as of December 31, 2020[87]. - The five highest paid employees' emoluments are detailed in the consolidated financial statements[158]. - The Company operates a share option scheme which has not granted, exercised, or cancelled any share options since its inception[160]. Directors and Management - Mr. Ji owns 55% equity interest in Success Pacific and Jiangsu Huahai, which hold 18% and 10% equity interests in Dafeng Port Overseas respectively[108]. - Mr. Yang has extensive experience in corporate management and is currently a director at Shenzhen Rongcheng Investment Company Limited[109]. - Mr. Miao has been the general manager at Shanghai Xinzhi Energy Co., Limited since 2004 and is also the chairman of Jiangsu Dafeng Port Hairong Shipping Co., Limited[110]. - Dr. Bian has a Ph.D. in Integrated Chinese and Western Medicine and serves as an associate vice-president at Hong Kong Baptist University[113]. - Mr. Lau has served as an independent non-executive director for multiple listed companies and holds degrees in commerce and professional accounting[114]. - Mr. Yu has extensive experience as an independent director for various companies and holds multiple law degrees from prestigious universities[118]. - Mr. Zhang has over 15 years of experience in import and export businesses and previously managed the business department at a state-owned enterprise[120]. Related Party Transactions - The Company is subject to notification and approval requirements under the GEM Listing Rules for connected transactions[174]. - The financial assistance received by the Company is provided on normal commercial terms and is exempt from reporting and independent shareholders' approval requirements under GEM Listing Rules[179]. - Jiangsu Dafeng's subsidiaries engage in trading various goods, which may compete with the Company's core activities, but the Board believes there is no material competitive threat due to different product focuses[182][183].
大丰港(08310) - 2020 Q3 - 季度财报
2020-11-13 11:09
Financial Performance - Total revenue from continuing operations for the nine months ended September 30, 2020, was approximately HKD 1,694,500,000, an increase of about 58.8% compared to HKD 1,067,300,000 for the same period in 2019[4] - The profit before tax from continuing operations for the nine months was approximately HKD 641,000,000, a significant turnaround from a loss of HKD 44,100,000 in the same period of 2019[4] - Profit attributable to equity holders of the company for the nine months was approximately HKD 638,000,000, compared to a loss of HKD 48,800,000 in the same period of 2019[4] - Earnings per share from continuing operations for the nine months was approximately HKD 49.54, compared to a loss of HKD 3.79 in the same period of 2019[10] - Total comprehensive income for the nine months was approximately HKD 616,619,000, compared to a loss of HKD 72,691,000 in the same period of 2019[10] - The company reported a profit attributable to equity holders of approximately HKD 664,460,000 for the three months ended September 30, 2020, compared to a loss of HKD 13,169,000 in the same period of 2019[38] - The company recorded a profit from continuing operations of approximately HKD 640,700,000, compared to a loss of HKD 44,300,000 in 2019[50] Revenue and Business Segments - Revenue from trade business and petrochemical product storage for Q3 2020 was HKD 432,490,000, up from HKD 300,158,000 in Q3 2019, representing a 44% increase[26] - For the nine months ended September 30, 2020, total revenue reached HKD 1,694,533,000, compared to HKD 1,067,274,000 for the same period in 2019, marking a 59% growth[26] - Revenue from trading activities increased to approximately HKD 1,683,700,000, up 58.8% from HKD 1,062,000,000 in 2019, primarily due to increased trade in medical and food disinfection products related to COVID-19[45] - Revenue from petrochemical storage business rose by approximately 105.7% to about HKD 10,900,000, compared to HKD 5,300,000 in 2019, driven by increased storage demand due to falling international oil prices[46] Costs and Expenses - The group reported a gross profit of approximately HKD 11,609,000 for the nine months, down from HKD 17,387,000 in the same period of 2019[7] - Administrative expenses decreased to approximately HKD 26,711,000 for the nine months, compared to HKD 37,381,000 in the same period of 2019[7] - The group’s financing costs decreased to approximately HKD 33,176,000 for the nine months, down from HKD 41,574,000 in the same period of 2019[7] - The gross profit margin from continuing operations decreased to approximately 0.7%, down from 1.6% in 2019, as revenue growth was lower than the increase in cost of revenue[49] - Financing costs decreased by approximately 20.2% to about HKD 33,200,000, down from HKD 41,600,000 in 2019, mainly due to partial repayment of loans from Jiangsu Dafeng[49] Dividends and Equity - The board of directors did not recommend any interim dividend for the period, consistent with the previous year[36] - The total equity as of September 30, 2020, was HKD 614,280,000, reflecting a decrease from HKD 616,619,000 in the previous year[18] - The total equity attributable to equity holders decreased to approximately HKD 353,200,000 as of September 30, 2020, down from HKD 967,500,000 as of December 31, 2019[54] - The board did not recommend any interim dividend for the period, consistent with 2019[55] Market and Operational Challenges - The company anticipates continued challenges due to ongoing US-China conflicts and the impact of COVID-19 on global economic activities, which may hinder productivity and logistics services[66] - The company will prudently monitor its business segments and optimize resources to maintain shareholder interests amid adverse external conditions[66] Corporate Governance and Compliance - The company has adopted a code of conduct for securities trading, adhering to GEM listing rules, with no known violations during the reporting period[88] - The company is committed to maintaining high corporate governance standards, having complied with all provisions of the GEM Corporate Governance Code during the reporting period[89] - The audit committee, established in August 2013, reviews financial statements and oversees internal control procedures, ensuring compliance with applicable accounting standards[90] Financing and Investments - The company utilized bank financing and other borrowings for business expansion, with collateralized borrowings amounting to approximately HKD 288,700,000 as of September 30, 2020[56] - The company has not issued or granted any convertible securities, warrants, or similar rights as of September 30, 2020[71] - There were no major investments, acquisitions, or disposals of subsidiaries or associates during the reporting period[62] - The company did not purchase, sell, or redeem any of its listed securities during the period[80] Shareholding Structure - The shareholding structure indicates that Dafeng Port Overseas and Jiangsu Dafeng each hold 740,040,000 shares, representing 57.46% of the issued share capital[75] - Jiangsu Dafeng now holds a significant influence over Dafeng Port Overseas, owning 57.46% of the shares[61] - The board of directors operates independently from Jiangsu Dafeng, ensuring no conflicts of interest in decision-making processes[85]
大丰港(08310) - 2020 - 中期财报
2020-08-14 09:50
Dafeng Port Heshun Technology Company Limited 大豐港和順科技股份有限公司 (於開曼群島註冊成立的有限公司) 胎份代號 : 8310 中期報告 2020 香港聯合交易所有限公司(「聯交所」)GEM之特色 GEM的定位,乃為中小型公司提供一個上市的市場,此等公司相比起其他在聯交所上市 的公司帶有較高投資風險。有意投資的人士應了解投資於該等公司的潛在風險,並應經 過審慎周詳的考慮後方作出投資決定。 由於GEM上市公司普遍為中小型公司,在GEM買賣的證券可能會較於主板買賣之證券 承受較大的市場波動風險,同時無法保證在GEM買賣的證券會有高流通量的市場。 香港交易及結算所有限公司及聯交所對本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。 本報告之資料乃遵照聯交所GEM證券上市規則(「GEM上市規則」)之規定而刊載,旨在提 供有關大豐港和順科技股份有限公司(「本公司」)之資料,本公司各董事(「董事」)願就本 報告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, ...
大丰港(08310) - 2020 Q1 - 季度财报
2020-05-14 09:00
Dafeng Port Heshun Technology Company Limited 大豐港和順科技股份有限公司 (於開曼群島註冊成立之有限公司) 胎份代號 : 8310 第一季度業績報告 2020 香港聯合交易所有限公司(「聯交所」)GEM之特色 GEM的定位,乃為中小型公司提供一個上市的市場,此等公司相比起其他在聯交所上市 的公司帶有較高投資風險。有意投資的人士應了解投資於該等公司的潛在風險,並應經 過審慎周詳的考慮後方作出投資決定。 由於GEM上市公司普遍為中小型公司,在GEM買賣的證券可能會較於主板買賣之證券 承受較大的市場波動風險,同時無法保證在GEM買賣的證券會有高流通量的市場。 香港交易及結算所有限公司及聯交所對本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。 本報告之資料乃遵照聯交所GEM證券上市規則(「GEM上市規則」)之規定而刊載,旨在提 供有關大豐港和順科技股份有限公司(「本公司」)之資料,本公司各董事(「董事」)願就本 報告之資料共同及個別地承擔全部責任。各董事在作出一切合 ...
大丰港(08310) - 2019 - 年度财报
2020-05-13 22:02
Dafeng Port Heshun Technology Company Limited 大豐港和順科技股份有限公司 (Incorporated in the Cayman Islands with limited liability) (於開曼群島註冊成立之有限公司) Stock Code 股份代號 : 8310 ANNUAL REPORT 年報 2019 NBOS NBOS CHARACTERISTICS OF GEM OF THE STOCK EXCHANGE OF HONG KONG LIMITED (THE "STOCK EXCHANGE") GEM has been positioned as a market designed to accommodate small and mid-sized companies to which a higher investment risk may be attached than other companies listed on the Stock Exchange. Prospective investors should be aware of ...
大丰港(08310) - 2019 Q3 - 季度财报
2019-11-14 09:11
Financial Performance - Total revenue for the nine months ended September 30, 2019, was approximately HKD 1,072,000,000, a decrease of about 65.3% compared to HKD 3,090,500,000 for the same period in 2018[5] - The pre-tax loss for the period was approximately HKD 67,200,000, a reduction of about 14.8% from the pre-tax loss of HKD 78,900,000 in the same period of 2018[5] - Loss attributable to equity holders for the period was approximately HKD 71,900,000, an increase of about 2.6% compared to HKD 70,100,000 in the same period of 2018[5] - Basic loss per share for the period was approximately HKD 5.58, compared to HKD 5.44 for the same period in 2018[5] - The gross loss for the nine months was approximately HKD 4,446,000, compared to a gross loss of HKD 1,891,000 in the same period of 2018[10] - Total comprehensive loss for the nine months was approximately HKD 72,691,000, compared to HKD 115,028,000 in the same period of 2018[16] - The company reported a loss from continuing operations of approximately HKD 67,350,000 for the nine months ended September 30, 2019[12] - The company experienced a significant decrease in revenue, indicating challenges in its operational performance and market conditions[5] - Revenue from trade business for the three months ended September 30, 2019, was approximately HKD 1,061,952,000, a decrease of 65.5% compared to HKD 3,084,337,000 in the same period of 2018[47] - Revenue from integrated logistics services for the three months ended September 30, 2019, was approximately HKD 4,682,000, a decrease of 96.1% compared to HKD 120,400,000 in the same period of 2018[66] - The company reported a loss attributable to equity holders of approximately HKD 21,811,000 for the three months ended September 30, 2019, compared to a loss of HKD 21,164,000 in the same period of 2018[58] - The basic loss per share for the three months ended September 30, 2019, was HKD (1.69), compared to HKD (1.64) in the same period of 2018[58] Strategic Adjustments and Future Outlook - The financial results reflect ongoing strategic adjustments and potential market expansion efforts[5] - Future outlook and guidance were not explicitly detailed in the provided content, indicating a need for further clarification in subsequent communications[5] - The company is focusing on expanding its market presence and enhancing its product offerings in response to the competitive landscape[29] - The company has indicated plans for future product development and technological advancements to drive growth[29] - The management provided guidance for the upcoming quarter, anticipating continued challenges in revenue generation but optimistic about long-term recovery strategies[29] Accounting and Financial Structure - The company has adopted new accounting standards effective from January 1, 2019, which include HKFRS 16, impacting the recognition of lease liabilities and right-of-use assets[30] - The company reported a significant increase in lease liabilities, amounting to HKD 4,758 million as of January 1, 2019, under the new accounting standards[39] - The company’s capital structure remains stable with a total equity of HKD 12,880 million as of September 30, 2019[25] - The company incurred finance costs of HKD 41,897,000 for the nine months ended September 30, 2019, compared to HKD 21,075,000 in the same period of 2018[48] - The company’s tax expense for the nine months ended September 30, 2019, was HKD 138,000, compared to HKD 268,000 in the same period of 2018[54] - The group recorded a loss of approximately HKD 67,400,000 compared to a loss of HKD 79,000,000 in 2018, with a loss per share of approximately HKD 0.0558[73] - As of September 30, 2019, the total equity attributable to the company's equity holders was approximately HKD -85,200,000, compared to HKD -6,400,000 at the end of 2018[74] Corporate Governance - The company is committed to maintaining high standards of corporate governance and has adhered to all provisions of the corporate governance code during the reporting period[114] - The board of directors has expressed gratitude to management, employees, business partners, customers, and shareholders for their ongoing support[120] - The company will continue to review its corporate governance practices to enhance standards and meet regulatory requirements[114] - The audit committee was established on August 3, 2013, and consists of independent non-executive directors, ensuring compliance with GEM listing rules[115] - The third quarter financial statements were reviewed by the audit committee and deemed compliant with applicable accounting standards and legal requirements[115] Market and Operational Challenges - The company is currently undergoing resource restructuring after the acquisition of Jiangsu Hairong, which was completed in December 2018, impacting the logistics service revenue[66] - The user data indicated a significant loss in the gaming segment, with a reported loss of HKD 74,063 million for the nine months ending September 30, 2019[21] - The company experienced a net loss of HKD 112,733 million in the healthcare segment for the nine months ending September 30, 2019, compared to a loss of HKD 9,151 million in the previous year[21] - The total assets of the company as of September 30, 2019, were reported at HKD 55,585 million, a decrease from HKD 84,300 million in the previous year[21] - The group's revenue decreased by approximately 65.3% to about HKD 1,072,000,000 compared to HKD 3,090,500,000 in 2018[72] - The group's sales cost decreased by approximately 65.5% to about HKD 1,073,800,000 from HKD 3,114,200,000 in 2018[72] - The gross loss margin fell to approximately 0.2% from 0.8% in 2018, primarily due to high fixed costs in logistics and petrochemical storage[72] - Financing costs increased by approximately 98.6% to about HKD 41,900,000 from HKD 21,100,000 in 2018[73] - The group did not recommend any interim dividend for the period, consistent with 2018[75] - The group completed the sale of 51% of Gamma Logistics for HKD 4,150,000 on January 10, 2019[85] - The group plans to leverage its geographical advantages to develop Jiangsu Hairong into a diversified entity providing integrated logistics, petrochemical storage, and trading services[86] - As of September 30, 2019, the group had no significant contingent liabilities[87] Shareholder Information - Major shareholders include Dafeng Port Overseas, Jiangsu Dafeng, and Dafeng District People's Government, each holding 740,040,000 shares, representing approximately 57.46% of the issued share capital[98] - Jiang Wen holds a beneficial interest in 75,550,000 shares, accounting for 5.87% of the issued share capital[98] - The company did not purchase, sell, or redeem any of its listed securities during the reporting period[107] - The board believes that the business of Jiangsu Dafeng Group does not pose a significant competitive threat to the company due to different target customers and product types[111] - The company has a stock option plan that has not granted, exercised, or canceled any options since its adoption in August 2013, with no unexercised options as of September 30, 2019[92]
大丰港(08310) - 2019 - 中期财报
2019-08-12 11:05
Dafeng Port Heshun Technology Company Limited 㣐鞮度ㄤ갫猰䪮肆⟨剤ꣳⰗ 倴剋纈䃋鏽ⱁ䧭用涸剤ꣳⰗ 肆⟨➿贫 : 8310 中期報 香港聯合交易所有限公司GEM之特色 GEM之定位,乃為相比起其他在香港聯合交易所有限公司(「聯交所」)上市之公司帶有較高 投資風險之公司提供上市之市場。有意投資之人士應了解投資於該等公司之潛在風險,並應 經過審慎周詳之考慮後方作出投資決定。GEM之較高風險及其他特色表示GEM較適合專業 及其他經驗豐富投資者。 由於GEM上市公司新興之性質所然,在GEM買賣之證券可能會較於主板買賣之證券承受較 大之市場波動風險,同時無法保證在GEM買賣之證券會有高流通量之市場。 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,並明確表示概不就因本報告全部或任何部分內容而產生或因倚賴該等內容而引 致之任何損失承擔任何責任。 本報告之資料乃遵照聯交所GEM證券上市規則(「GEM上市規則」)而刊載,旨在提供有關大 豐港和順科技股份有限公司(「本公司」)之資料,本公司各董事(「董事」)願就本報告之資料共 同及個別地承 ...
大丰港(08310) - 2019 Q1 - 季度财报
2019-05-14 09:26
Dafeng Port Heshun Technology Company Limited 大豐港和順科技股份有限公司 (於開曼群島註冊成立的有限公司) 股份代號 : 8310 OTA 一季度業績報告 策 香港聯合交易所有限公司GEM之特色 GEM之定位,乃為相比越其他在香港聯合交易所有限公司(「聯交所 J)上市之公司帶有較高 投資風險之公司提供上市之市場。有意投資之人士應了解投資於該等公司之潛在風險,並應 經過審慎周詳考慮後方作出投資決定 · GEM之較高風險及其他特色表示GEM較適合專業及 其他經驗豐富投資者。 由於GEM上市公司之新興性質所然,在GEM 買賣之證券可能會較於主板買賣之證券承受較 大之市場波勳風險,同時無法保證在 GEM 買賣之證券會有高流通量之市場。 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。 本報告之資料乃遵照聯交所GEM證券上市規則(「GEM上市規則」之規定而刊載·旨在提供 有關大豐港和順科技股份有限公司([本公司])之資料·本公司各董事 ...