Financial Performance - Revenue for the three months ended June 30, 2019, was HKD 20,434,000, a decrease of 6.5% compared to HKD 21,863,000 for the same period in 2018[10] - Gross profit for the same period was HKD 5,084,000, down 33.0% from HKD 7,607,000 year-on-year[10] - The company reported a loss before tax of HKD 908,000, an improvement from a loss of HKD 3,959,000 in the previous year[10] - Total comprehensive loss for the period was HKD 943,000, compared to a loss of HKD 4,433,000 in the same quarter of 2018[10] - Basic and diluted loss per share was HKD 0.22, compared to HKD 1.16 for the same period last year[10] - The group reported a net loss of HKD 951,000 for the three months ended June 30, 2019, compared to a net loss of HKD 4,525,000 in the same period of 2018[36] - Basic loss per share was HKD 0.0022, based on a weighted average of 440,000 shares for the period[36] - The company recorded a total loss of approximately HKD 900,000 for the three months ended June 30, 2019, compared to a loss of HKD 4,400,000 for the same period in 2018[61] Revenue Breakdown - Revenue from commercial printing services was HKD 12,075,000, down 4.9% from HKD 12,704,000 in the previous year[24] - Revenue from financial printing services decreased by 13.7% to HKD 7,755,000 from HKD 8,986,000 in the prior year[24] - Revenue from commercial printing services decreased by approximately 4.7% from HKD 12,700,000 in the three months ended June 30, 2018, to HKD 12,100,000 in the same period in 2019[41] - Revenue from financial printing services decreased by approximately 13.3% from HKD 9,000,000 in the three months ended June 30, 2018, to HKD 7,800,000 in the same period in 2019[41] - Total revenue decreased by approximately 6.9% from HKD 21,900,000 in the three months ended June 30, 2018, to HKD 20,400,000 in the same period in 2019[48] - Revenue from existing customers decreased by approximately HKD 1,500,000 (or 6.8%) from HKD 21,900,000 to HKD 20,400,000 for the three months ended June 30, 2019[61] Expenses and Costs - The company incurred service costs of HKD 15,350,000, which increased from HKD 14,256,000 in the previous year[10] - Administrative and other operating expenses totaled HKD 5,300,000, compared to HKD 5,106,000 in the same period last year[10] - Financing costs for the three months ended June 30, 2019, amounted to HKD 121,000, an increase from HKD 56,000 in the previous year[31] - Service costs increased by approximately 7.7% from HKD 14,300,000 in the three months ended June 30, 2018, to HKD 15,400,000 in the same period in 2019[49] - Administrative and other operating expenses slightly increased by approximately 3.9% from HKD 5,100,000 in the three months ended June 30, 2018, to HKD 5,300,000 in the same period in 2019[55] - Financing costs increased by approximately 116.1% from HKD 56,000 to HKD 121,000 due to the adoption of HKFRS 16 "Leases"[57] Taxation and Compliance - The income tax expense for the period was HKD 35,000, significantly lower than HKD 474,000 in the same period of 2018[34] - The group’s estimated taxable profits in Hong Kong were provided for at a tax rate of 16.5% for the three months ended June 30, 2019[59] - The group has applied all new and revised Hong Kong Financial Reporting Standards effective from January 1, 2019, including HKFRS 16 on leases[21] - The group has complied with all applicable code provisions of the corporate governance code since the listing date[66] - The Audit Committee was established on April 19, 2018, in compliance with GEM Listing Rules and consists of three independent non-executive directors[89] - The Audit Committee reviewed the unaudited condensed consolidated financial statements for the three months ended June 30, 2019, and found them to be prepared in accordance with applicable accounting standards[89] Strategic Focus and Future Plans - The company is focused on expanding its market presence and enhancing its product offerings[10] - Future strategies include exploring new technologies and potential acquisitions to drive growth[10] - The company plans to strengthen existing customer relationships and develop new ones to achieve sustainable organic growth[45] - The company aims to upgrade hardware and software for financial printing services as part of its business expansion strategy[45] Shareholder Information - Mr. Su Yongqiang holds 330,000,000 shares, representing 75% of the issued share capital[75] - The company’s major shareholder, Guanshuang, holds 330,000,000 shares, also representing 75% of the issued share capital[81] - Guanshuang is legally and beneficially owned 90% by Caibei, which is 100% owned by Mr. Su[77] - No directors or senior management held any other interests in the company’s shares or related securities as of June 30, 2019[79] - The company confirmed compliance with a non-competition agreement among its major shareholders[85] Other Information - The company does not recommend the payment of an interim dividend for the three months ended June 30, 2019[38] - The company did not incur any listing expenses for the three months ended June 30, 2019, compared to HKD 6,300,000 for the same period in 2018[58] - No significant investments, acquisitions, or disposals of subsidiaries or associates were made during the three months ended June 30, 2019[64] - The compliance advisor was changed from Jianquan Financing Limited to Dejian Financing Limited effective July 31, 2019[88] - The company has not granted or exercised any share options under the share option scheme during the three months ended June 30, 2019[72] - As of June 30, 2019, the company or its subsidiaries did not purchase, sell, or redeem any listed securities[75]

Financial Performance - The group's revenue for the year ended March 31, 2019, was approximately HKD 74 million, a decrease of about 8.2% compared to HKD 80.6 million for the year ended March 31, 2018, primarily due to a decline in revenue from commercial printing services and other services [9]. - Revenue from commercial printing services decreased by approximately 15.8% from HKD 55,200,000 for the year ended March 31, 2018, to HKD 46,500,000 for the year ended March 31, 2019 [21]. - Revenue from financial printing services increased by approximately 11.9% from HKD 23,500,000 for the year ended March 31, 2018, to HKD 26,300,000 for the year ended March 31, 2019 [22]. - Total revenue decreased by approximately 8.2% from HKD 80,610,000 for the year ended March 31, 2018, to HKD 73,976,000 for the year ended March 31, 2019 [19]. - Gross profit decreased by approximately 20.7% from HKD 25,452,000 for the year ended March 31, 2018, to HKD 20,180,000 for the year ended March 31, 2019 [26]. - Gross margin decreased from approximately 31.6% for the year ended March 31, 2018, to 27.3% for the year ended March 31, 2019 [26]. - The company recorded a total comprehensive loss of approximately HKD 7,600,000 for the year ended March 31, 2019, compared to a loss of approximately HKD 8,600,000 for the previous year [35]. Operational Strategies - The company aims to expand its market share and strengthen its market position through strategies such as consolidating existing customer relationships and developing new ones, purchasing permanent office properties for financial printing services, upgrading hardware and software, and attracting top industry talent [10]. - The company plans to expand market share and strengthen its market position through strategies such as consolidating existing customer relationships and upgrading hardware and software for financial printing services [16]. - The company is focused on expanding its market presence and enhancing its operational efficiency through strategic management [69]. - The company aims to enhance and strengthen marketing activities as part of its strategic objectives [54]. Corporate Governance - The company has adhered to all applicable corporate governance codes since its listing on May 11, 2018, with some exceptions noted [75]. - The roles of Chairman and CEO are held by the same individual, Mr. Su Yongqiang, which the board believes provides strong leadership and effective strategic planning [76]. - The board consists of five experienced members, including two executive directors and three independent non-executive directors, ensuring a balanced decision-making process [76]. - The company has established internal guidelines requiring board approval for significant operational and investment decisions [84]. - The board is responsible for overseeing the company's operations and ensuring management aligns with shareholders' best interests [84]. - The company has a structured approach to corporate governance, with various committees overseeing different aspects of operations [67]. - The audit committee was established on April 19, 2018, and has held four meetings since the company's listing date on May 11, 2018 [92]. - The remuneration committee, also formed on April 19, 2018, has conducted three meetings during the reporting period, reviewing the remuneration policies for directors and senior management [96]. - The nomination committee, established on April 19, 2018, has held three meetings and evaluated the independence of non-executive directors [99]. - The company has adopted a board diversity policy, which includes criteria such as gender, age, cultural background, and professional experience [100]. Financial Position - The company's total borrowings were approximately HKD 5,200,000 as of March 31, 2019, down from approximately HKD 7,300,000 in the previous year [38]. - Cash and bank balances increased significantly to approximately HKD 62,100,000 from approximately HKD 10,400,000 year-on-year [39]. - The current ratio improved to approximately 4.7 times as of March 31, 2019, compared to approximately 1.6 times in the previous year [38]. - The debt-to-equity ratio was zero as of March 31, 2019, indicating that cash and cash equivalents exceeded total liabilities [38]. - The net current assets were approximately HKD 69,500,000 as of March 31, 2019, compared to approximately HKD 14,100,000 in the previous year [39]. Risk Management - The company is exposed to risks from the digitalization of information, which may reduce demand for printed materials and affect financial performance [50]. - The company has established risk management procedures, including risk identification, assessment, and mitigation measures [114]. - The board confirmed the effectiveness and adequacy of the internal control and risk management systems as of March 31, 2019 [113]. - The audit committee reviewed the internal control system and found it effective and sufficient for the year ended March 31, 2019 [116]. Employee and Talent Management - The company has hired experienced sales personnel, with three sales staff recruited in 2018 to support operational growth [55]. - The group had 105 employees in Hong Kong as of March 31, 2019, an increase from 100 employees in 2018 [142]. - The group has implemented a stock option plan to attract and retain talent [142]. - The company has adopted a share option scheme on April 19, 2018, aimed at incentivizing and retaining skilled personnel [190]. Shareholder Relations - The company is committed to enhancing investor relations and welcomes feedback from investors and stakeholders [124]. - The company has established multiple communication channels with shareholders, including printed corporate communications and regular updates on its website [124]. - The company has maintained good relationships with customers and suppliers, with no complaints or debt disputes reported as of March 31, 2019 [139]. Legal and Compliance - There have been no significant legal or regulatory violations affecting the company's operations as of March 31, 2019 [138]. - The company emphasizes its responsibility for environmental protection and compliance with relevant laws and regulations [137].

Financial Performance - For the three months ended December 31, 2018, the group's revenue was HKD 13,564,000, a decrease of 21.5% compared to HKD 17,213,000 for the same period in 2017[5]. - The gross profit for the nine months ended December 31, 2018, was HKD 15,518,000, down 6.9% from HKD 16,664,000 in the same period of 2017[5]. - The group reported a loss before tax of HKD 4,550,000 for the three months ended December 31, 2018, an improvement of 35.5% compared to a loss of HKD 7,049,000 in the same period of 2017[5]. - The total comprehensive loss for the nine months ended December 31, 2018, was HKD 6,586,000, a reduction of 22.1% from HKD 8,469,000 in the same period of 2017[5]. - Basic and diluted loss per share for the three months ended December 31, 2018, was HKD 0.87, compared to HKD 2.03 for the same period in 2017[8]. - The group reported a net loss of HKD 2,172,000 for the three months ended December 31, 2018, compared to a net loss of HKD 2,195,000 for the same period in 2017[50]. - The total comprehensive loss for the nine months ended December 31, 2018, was approximately HKD 6,600,000, compared to a loss of approximately HKD 8,500,000 for the same period in 2017[94]. Revenue Breakdown - Revenue from commercial printing services for the three months ended December 31, 2018, was HKD 10,982,000, a decrease of 17.5% compared to HKD 13,307,000 for the same period in 2017[42]. - Financial printing services revenue for the nine months ended December 31, 2018, increased to HKD 19,857,000, up 10.8% from HKD 17,912,000 in the same period of 2017[42]. - Total revenue for the nine months ended December 31, 2018, was HKD 55,935,000, a decrease of 6.8% compared to HKD 59,958,000 for the same period in 2017[42]. - Revenue from commercial printing services decreased by approximately 12.8% from HKD 40,200,000 for the nine months ended December 31, 2017, to HKD 35,000,000 for the nine months ended December 31, 2018[63]. - Revenue from financial printing services increased by approximately 10.9% from HKD 17,900,000 for the nine months ended December 31, 2017, to HKD 19,900,000 for the nine months ended December 31, 2018[63]. - Total revenue decreased by approximately 6.7% from HKD 60,000,000 for the nine months ended December 31, 2017, to HKD 55,900,000 for the nine months ended December 31, 2018[77]. Expenses and Costs - The group incurred administrative and other operating expenses of HKD 15,258,000 for the nine months ended December 31, 2018, an increase of 15.9% from HKD 13,141,000 in the same period of 2017[5]. - Total employee costs for the nine months ended December 31, 2018, amounted to HKD 21,771,000, slightly up from HKD 21,362,000 in the same period of 2017[50]. - The cost of inventories for the nine months ended December 31, 2018, was HKD 40,417,000, down from HKD 43,294,000 for the same period in 2017[50]. - Selling expenses decreased by approximately 4.0% to HKD 1,485,000 for the nine months ended December 31, 2018, from HKD 1,547,000 for the same period in 2017, due to a reduction in sales commissions[86]. - Administrative and other operating expenses increased by approximately 16.1% to HKD 15,300,000 for the nine months ended December 31, 2018, from HKD 13,100,000 for the same period in 2017, primarily due to additional administrative costs post-listing[88]. - Financing costs decreased by approximately 25.9% to HKD 169,000 for the nine months ended December 31, 2018, from HKD 228,000 for the same period in 2017, mainly due to the repayment of bank loans[89]. Shareholder Information - The company declared a dividend of HKD 1,000,000, of which HKD 150,000 is attributable to non-controlling interests[13]. - On May 11, 2018, the company issued 110,000,000 new ordinary shares at HKD 0.6 per share, raising a total of HKD 66,000,000[13]. - The company authorized the issuance of 329,999,999 shares at par value of HKD 0.01, capitalizing HKD 3,299,999.99 from the share premium account[14]. - Mr. Su holds 330 million shares, representing 75% of the issued share capital[112]. - As of December 31, 2018, the major shareholder, Guan Shuang, holds 330,000,000 shares, representing 75% of the issued share capital[124]. - Cai Bei, which is 90% owned by Guan Shuang, is also considered to have the same 75% stake in the company[124]. Corporate Governance - The chairman and CEO roles are held by the same individual, Mr. Su, which the group believes provides strong leadership[106]. - The group has complied with all applicable corporate governance code provisions since its listing date[103]. - The Audit Committee, formed on April 19, 2018, consists of three independent non-executive directors and has reviewed the financial statements for the nine months ending December 31, 2018[131]. - The company has confirmed compliance with the non-competition agreement established by its controlling shareholders, ensuring no engagement in competitive businesses[128]. - The company has maintained a 100% beneficial ownership of Cai Bei by Mr. Su, who is also considered to have interests in Guan Shuang[124]. Future Plans and Strategies - The group plans to explore new market expansion strategies and product development initiatives to enhance future performance[5]. - The company aims to expand market share by strengthening existing customer relationships and developing new ones[66]. - The company plans to purchase permanent office properties for financial printing services to support business expansion[66]. - The company intends to upgrade hardware and software for financial printing services to enhance operational efficiency[66]. Compliance and Accounting Standards - The company’s financial statements are prepared in accordance with the Hong Kong Financial Reporting Standards and GEM Listing Rules[19]. - The adoption of HKFRS 9 did not have a significant impact on the company’s accounting policies for financial liabilities and assets[23]. - The expected credit loss model under HKFRS 9 requires the recognition of credit losses based on expected rather than incurred losses[24]. - The company measures loss provisions based on expected credit losses over the lifetime of financial instruments[25]. - The adoption of HKFRS 9 did not have a significant impact on the group’s consolidated financial statements[31].