Financial Performance - The company's revenue for the third quarter of 2021 was approximately HKD 94.2 million, an increase of about 18.8% compared to HKD 79.3 million in the third quarter of 2020[5][10][12]. - Gross profit rose from HKD 16.4 million in the third quarter of 2020 to HKD 22.7 million in the third quarter of 2021, with a gross margin increase from 20.7% to 24.2%[6][13]. - The net profit for the third quarter of 2021 was approximately HKD 1.7 million, compared to a net loss of HKD 6.7 million in the same period of 2020, after excluding one-off items[6][10]. - The increase in revenue was primarily driven by improved market conditions leading to higher demand for printing services, including offset printing and digital printing[5][12]. - The increase in net profit was primarily due to a rise in demand for printing services and reduced depreciation from asset impairment of approximately HKD 11.8 million in the previous fiscal year[18]. - For the nine months ended December 31, 2021, the company's revenue was HKD 94,174,445, an increase of 18.8% compared to HKD 79,267,140 for the same period in 2020[35]. - The gross profit for the same period was HKD 22,749,895, representing a 38.8% increase from HKD 16,392,740 in the previous year[35]. - Operating profit for the nine months was HKD 3,176,605, up 32.4% from HKD 2,398,742 in the prior year[35]. - The profit attributable to owners of the company for the nine months was HKD 1,956,079, compared to HKD 2,008,944 in the same period of 2020, reflecting a decrease of 2.6%[35]. - The basic and diluted earnings per share for the nine months were HKD 0.22, unchanged from the previous year[35]. - The company reported a basic earnings per share of HKD 2.18 for the nine months ended December 31, 2021, compared to HKD 2.23 for the same period in 2020[50]. Expenses and Cost Management - Sales and administrative expenses for Q3 2021 were HKD 20.8 million, a decrease of HKD 2.6 million from HKD 23.4 million in Q3 2020[17]. - The company has implemented cost control measures and efficiency improvements to maintain profitability and market competitiveness[10]. Shareholder Information - As of December 31, 2021, the largest shareholder, Mr. Zhou Wenqiang, held 280.4 million shares, representing approximately 31.16% of the issued share capital[22]. - The second-largest shareholder, Mr. Xu Qingnai, held 110.5 million shares, representing approximately 12.28% of the issued share capital[22]. - The company has adopted a share option scheme since February 26, 2018, with no options granted, exercised, lapsed, or cancelled up to the report date[27]. Corporate Governance - The company emphasizes high standards of corporate governance, adhering to the GEM Listing Rules and maintaining transparency and accountability[28]. - The audit committee has reviewed the unaudited condensed consolidated financial statements and confirmed compliance with applicable accounting standards and GEM listing rules[33]. - The company has established an audit committee consisting of three independent non-executive directors to oversee financial reporting and risk management[33]. Market Conditions and Challenges - The ongoing COVID-19 pandemic continues to create uncertainty in the economic outlook, impacting the company's financial performance[6][10]. - The company anticipates that the ongoing spread of COVID-19 variants will continue to pose challenges to its business operations and financial outlook[6][10]. Revenue Sources - The revenue from digital printing for the nine months ended December 31, 2021, was HKD 7,213,521, up 37.2% from HKD 5,258,921 in the previous year[45]. - The company has a diversified customer base with no single customer accounting for more than 10% of total revenue[45]. - The company's revenue is entirely derived from external customers located in Hong Kong[46]. Taxation - The income tax expense for the nine months ended December 31, 2021, included a deferred tax credit of HKD 673,194, compared to a deferred tax expense of HKD 308,660 in the previous year[48]. - The estimated tax provision for Hong Kong profits tax is calculated at a rate of 16.5%, consistent with the previous year[49].

環球印館控股有限公司 中 期 報 告 2021 香港聯合交易所有限公司（「聯交所」）GEM的特點 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 之中小型公司提供一個上市之市場。有意投資者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。 尹志強先生， 銅紫荊星章，太平紳士 陳俊傑先生 孫咏菁博士 鑒於GEM上市公司通常為中小型公司，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。 香港交易及結算所有限公司及聯交所對本中期報告（「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，旨在提供有關環球印館控股有限公司（「本公司」）之資料；本公司的 董事（「董事」）願就本報告所載資料共同及個別地承擔全部責任。董事在 作出一切合理查詢後，確認就其所知及所信，本報告所載資料在各重要 方面均屬準確完備，並無誤導或欺詐成分， ...

Financial Performance - The company's revenue for Q1 2021 was approximately HKD 24.7 million, an increase of about 10.7% from HKD 22.3 million in Q1 2020[5] - Gross profit rose from HKD 4.4 million in Q1 2020 to HKD 4.9 million in Q1 2021, maintaining a stable gross margin of 19.9% compared to 19.7% in the previous year[13] - The company reported a loss attributable to owners of approximately HKD 1.9 million in Q1 2021, compared to a profit of HKD 0.05 million in Q1 2020, primarily due to the absence of government subsidies[6] - The company's revenue for the three months ended June 30, 2021, was HKD 24,653,996, representing a 10.6% increase from HKD 22,275,746 in the same period of 2020[35] - Gross profit for the same period was HKD 4,898,621, up from HKD 4,388,890, indicating a gross margin improvement[35] - Operating loss for the quarter was HKD 1,567,473, compared to an operating profit of HKD 213,765 in the prior year[35] - The net loss attributable to the company's owners for the period was HKD 1,922,292, a significant decline from a profit of HKD 54,649 in the same quarter of 2020[35] - Basic and diluted loss per share was HKD (0.21), compared to earnings per share of HKD 0.01 in the previous year[35] - The company reported other income of HKD 280,941, down from HKD 2,771,641 in the same period last year[35] - The total comprehensive loss for the period was HKD 1,922,292, reflecting the overall financial performance[37] - The company reported a basic loss attributable to owners of HKD 1,922,292,000 for the period, compared to a profit of HKD 54,649,000 for the same period in 2020[50] Cost Management - Sales and administrative expenses decreased to HKD 7.0 million in Q1 2021 from HKD 7.9 million in Q1 2020, attributed to reduced depreciation and lower employee costs[17] - The company aims to continue actions to control costs and improve efficiency to maintain competitiveness in the market[6] Market Conditions - The overall market sentiment improved in Q1 2021, leading to increased demand for printing services, particularly offset and inkjet printing[12] - The company anticipates ongoing uncertainty in economic recovery due to the COVID-19 pandemic and its variants, which may impact financial performance[6] Shareholding Structure - As of June 30, 2021, Mr. Zhou Wenqiang holds 280,400,000 shares, representing approximately 31.16% of the company's issued share capital[22] - As of June 30, 2021, Mr. Xu Qingnai holds 110,500,000 shares, representing approximately 12.28% of the company's issued share capital[22] - As of June 30, 2021, Mr. Liang Yuechang holds 66,460,000 shares, representing approximately 7.38% of the company's issued share capital[22] - As of June 30, 2021, Ms. Xiao Minyin holds 280,400,000 shares, representing approximately 31.16% of the company's issued share capital[25] - As of June 30, 2021, Ms. Wu Liya holds 110,500,000 shares, representing approximately 12.28% of the company's issued share capital[25] - As of June 30, 2021, Ms. Mo Chun'e holds 66,460,000 shares, representing approximately 7.38% of the company's issued share capital[25] Corporate Governance - The company has complied with all corporate governance code provisions as set out in the GEM Listing Rules during the three months ended June 30, 2021[28] - The audit committee has reviewed the unaudited financial statements, ensuring compliance with applicable accounting standards and regulations[33] - The company and its subsidiaries did not purchase, sell, or redeem any of the company's listed securities during the three months ended June 30, 2021[30] - There are no interests held by directors, controlling shareholders, or their close associates in any business that competes directly or indirectly with the company's business as of June 30, 2021[31] Taxation - The current Hong Kong profits tax provision was calculated at an estimated taxable profit rate of 16.5%, unchanged from 2020[49] - Deferred tax items included a gain of HKD 158,547,000, compared to a loss of HKD 19,987,000 in the previous year[4] - The group did not incur any Cayman Islands income tax due to applicable regulations[4] Business Strategy - The company is exploring horizontal expansion and diversification of services to increase market share and enhance brand reputation[10] - The company continues to operate primarily in the printing services and products trade sector, with all revenue generated from external customers in Hong Kong[46] - The company's customer base is diversified, with no single customer accounting for more than 10% of total revenue[45] Other Income - Other income in Q1 2021 included approximately HKD 0.2 million from lease modifications, down from HKD 0.9 million in Q1 2020[15]

Financial Performance - The group recorded revenue of approximately HKD 103.1 million for the fiscal year 2021, a decrease of about 22.7% compared to HKD 133.4 million in the fiscal year 2020[11]. - The net loss for the fiscal year 2021 was approximately HKD 12.5 million, compared to a net loss of HKD 15.5 million in the fiscal year 2020[11]. - Operating loss for the fiscal year 2021, excluding one-off items, was approximately HKD 9.4 million, compared to HKD 11.0 million in the fiscal year 2020[11]. - Total sales costs decreased from HKD 108.4 million in the fiscal year 2020 to HKD 82.8 million in the fiscal year 2021, consistent with the decline in revenue[16]. - Gross profit decreased from HKD 25.1 million in the fiscal year 2020 to HKD 20.3 million in the fiscal year 2021, with a gross profit margin of 19.7% for fiscal year 2021[17]. - Sales and administrative expenses decreased from HKD 36.8 million in FY2020 to HKD 30.7 million in FY2021, a reduction of HKD 6.1 million, primarily due to lower depreciation and temporary salary reductions during COVID-19[20]. - The company's loss attributable to owners for FY2021 was approximately HKD 12.5 million, compared to HKD 15.5 million in FY2020, with an operating loss of HKD 9.4 million in FY2021 versus HKD 11.0 million in FY2020[24]. - Cash and cash equivalents decreased significantly from HKD 31.3 million as of March 31, 2020, to HKD 23.6 million as of March 31, 2021, primarily due to a decline in operating performance caused by COVID-19[26]. - Current assets net value dropped to HKD 10.8 million in FY2021 from HKD 16.7 million in FY2020, with a current ratio of 1.43 compared to 1.61 in FY2020[29]. - Employee costs decreased to HKD 28.6 million in FY2021 from HKD 32.9 million in FY2020, reflecting a reduction in the average number of employees from 125 to 114[30]. Impact of COVID-19 - The group faced challenges due to the COVID-19 pandemic, which significantly impacted customer business and market activities[11]. - Other income for the fiscal year 2021 included government subsidies of approximately HKD 7.8 million related to COVID-19, compared to none in the fiscal year 2020[18]. - The company faced significant impacts from COVID-19, with management expecting continued financial performance challenges in FY2022 depending on the severity of the pandemic[36]. - Impairment losses on property, plant, and equipment amounted to HKD 11.8 million in FY2021, up from HKD 7.7 million in FY2020, attributed to the economic downturn caused by COVID-19[22]. Business Strategy and Operations - The group is exploring horizontal expansion and service diversification opportunities in response to the ongoing uncertainties of the pandemic[12]. - The group aims to implement business plans to increase market share and enhance brand image and reputation[12]. - The company has no major investments or acquisitions during FY2021, maintaining a focus on cost control and efficiency improvements[34]. - The company relies on subcontractors for printing services, which may adversely affect its business and reputation if they fail to meet requirements[38]. - The company faces potential shortages in raw material supply, impacting production and delivery timelines[39]. Corporate Governance - The company is committed to maintaining high standards of corporate governance and transparency in its operations[56]. - The board includes independent non-executive directors with significant experience in finance and corporate governance[55][58]. - The company has established four board committees to oversee specific aspects of the group's affairs[136]. - The board is responsible for strategic decision-making, business development, corporate governance, and risk management[124]. - The company has confirmed compliance with all applicable provisions of the corporate governance code[120]. Environmental Impact and Sustainability - In the fiscal year 2021, the company consumed 1,692,818.00 kWh of electricity, resulting in greenhouse gas emissions of 656.17 tons of CO2 equivalent, with an intensity of 16,414 kWh per HKD 1 million in revenue[182]. - The company has implemented various measures to reduce gas emissions, including fuel-saving initiatives supported by management and daily monitoring[179]. - The company has adopted multiple strategies to minimize waste generation and improve waste management, including returning empty toner cartridges for reuse or recycling[183]. - The company has established a proper ventilation system at production sites to reduce employee exposure to harmful emissions[180]. - The company has set a target to maintain a more environmentally friendly office temperature between 24-26 degrees Celsius[181]. Employee Relations and Workforce - The group employed 114 full-time employees as of March 31, 2021, down from 125 in the previous fiscal year[107]. - The company has implemented measures to ensure no child or forced labor is present in its operations, with no reported violations in the fiscal year[193]. - Health and safety measures include providing personal protective equipment and implementing COVID-19 safety protocols, with no reported work-related fatalities[196]. - The company promotes a strong sense of belonging among employees and regularly reviews compensation and benefits to attract and retain talent[189].

[Financial Highlights](index=4&type=section&id=Financial%20Highlights) This section provides a concise overview of the company's financial performance, highlighting key metrics and dividend policy [Financial Highlights](index=4&type=section&id=Financial%20Highlights) For the nine months ended December 31, 2020, the company's revenue and gross profit decreased year-on-year due to reduced printing service demand, yet profit attributable to owners turned positive to approximately **HKD 2.0 million** from a **HKD 1.4 million** loss, primarily due to one-off items, while core operating loss widened from **HKD 4.6 million** to **HKD 6.7 million**, with no interim dividend recommended 2020 Q3 Key Financial Indicators (Nine Months Ended December 31) | Indicator | 2020 Q3 (Nine Months) | 2019 Q3 (Nine Months) | Year-on-Year Change | | :--- | :--- | :--- | :--- | | Revenue | 79.3 million HKD | 110.4 million HKD | -28.2% | | Gross Profit | 16.4 million HKD | 21.8 million HKD | -24.8% | | Profit/(Loss) Attributable to Owners of the Company | 2.0 million HKD | (1.4) million HKD | Turned from Loss to Profit | | Net Operating Loss (Excluding One-off Items) | (6.7) million HKD | (4.6) million HKD | Loss Widened | - Current period results include approximately **HKD 7.8 million** in government subsidies and **HKD 0.9 million** in gain on disposal of right-of-use assets, which are the primary reasons for achieving profitability[6](index=6&type=chunk) - The Board does not recommend the payment of an interim dividend for the nine months ended December 31, 2020[7](index=7&type=chunk) [Management Discussion and Analysis](index=5&type=section&id=Management%20Discussion%20and%20Analysis) This section offers insights into the company's operational strategies, market challenges, and future growth initiatives [Business Review and Outlook](index=5&type=section&id=Business%20Review%20and%20Outlook) The Group's core business is offset, inkjet, and digital printing services in Hong Kong, with revenue declining **28.2%** due to COVID-19 and economic slowdown, leading to the closure of six underperforming stores, while future strategies include horizontal expansion, service diversification into paperless printing, and a **HKD 2.0 million** investment in new machinery for cost reduction and growth - The Group primarily provides offset printing, inkjet printing, and primary color digital printing services to Hong Kong customers[9](index=9&type=chunk) - Affected by the pandemic and economic slowdown, the company closed six underperforming stores and will continue to control costs to maintain profitability[10](index=10&type=chunk) - Future strategies include horizontal expansion, service diversification (e.g., developing paperless printing business), and an investment of **HKD 2.0 million** in new machinery to reduce subcontracting costs[11](index=11&type=chunk) [Financial Review](index=6&type=section&id=Financial%20Review) During the reporting period, the Group's total revenue decreased **28.2%** to **HKD 79.3 million** due to reduced demand for printing services caused by COVID-19, with sales costs decreasing in line with order volume, gross profit margin slightly improving to **20.7%**, other income significantly increasing due to **HKD 7.8 million** in government pandemic-related subsidies, and selling and administrative expenses decreasing due to reduced depreciation and temporary salary reductions, resulting in a **HKD 2.0 million** net profit primarily driven by one-off gains, while core operating loss widened when excluding these items Financial Performance Analysis (Nine Months Ended December 31) | Item | 2020 (HKD million) | 2019 (HKD million) | Reason for Change | | :--- | :--- | :--- | :--- | | Revenue | 79.3 | 110.4 | COVID-19 led to reduced demand for printing services | | Gross Profit | 16.4 | 21.8 | Consistent with decrease in revenue and cost of sales | | Gross Profit Margin | 20.7% | 19.7% | Slight improvement | | Other Income | 8.5 | 1.2 | Primarily **HKD 7.8 million** in government subsidies | | Selling and Administrative Expenses | 23.4 | 27.1 | Reduced depreciation and temporary salary reduction measures | - Profit attributable to owners of the company was approximately **HKD 2.0 million**, compared to a loss of **HKD 1.4 million** in the prior period, with this turnaround primarily influenced by one-off items including government subsidies and asset disposal gains[21](index=21&type=chunk) - The Board expects the negative impact of the COVID-19 pandemic to persist in the short term and continue to affect the Group's financial performance[21](index=21&type=chunk) [Other Information](index=8&type=section&id=Other%20Information) This section details the company's shareholding structure, directors' interests, and adherence to corporate governance standards [Shareholding and Interests](index=8&type=section&id=Shareholding%20and%20Interests) This section discloses the shareholding of the company's directors, chief executives, and major shareholders as of December 31, 2020, with four directors collectively holding over **54%** of the company's shares, and notes that a share option scheme adopted in 2018 has not yet granted any options as of the reporting date Directors' Long Positions in Shares as of December 31, 2020 | Director Name | Capacity | Number of Shares Held | Percentage of Issued Share Capital | | :--- | :--- | :--- | :--- | | Mr. Chow Man Keung | Beneficial Owner | 280,400,000 | 31.16% | | Mr. Hui Ching Noi | Beneficial Owner | 110,500,000 | 12.28% | | Mr. Leung Yuet Cheong | Beneficial Owner | 66,460,000 | 7.38% | | Mr. Wong Man Hin | Beneficial Owner | 30,380,000 | 3.38% | - Spouses of three executive directors (Ms. Siu Man Yan, Ms. Ng Lai Nga, Ms. Mok Chun Ngo) are deemed to have interests in the corresponding shares due to spousal interests[26](index=26&type=chunk)[27](index=27&type=chunk) - The company adopted a share option scheme on February 26, 2018, but as of the report date, no share options have been granted, exercised, lapsed, or cancelled[28](index=28&type=chunk) [Corporate Governance](index=10&type=section&id=Corporate%20Governance) The company is committed to maintaining high corporate governance standards, complying with the GEM Listing Rules' Corporate Governance Code, adopting a code for directors' securities transactions, with all directors confirming compliance, and has not repurchased, sold, or redeemed any securities during the reporting period, while the Audit Committee, comprising three independent non-executive directors, has reviewed the unaudited quarterly financial statements - For the nine months ended December 31, 2020, the company has complied with all code provisions of the Corporate Governance Code set out in Appendix 15 to the GEM Listing Rules[29](index=29&type=chunk) - During the reporting period, neither the company nor any of its subsidiaries purchased, sold, or redeemed any of the company's listed securities[31](index=31&type=chunk) - The Audit Committee, comprising three independent non-executive directors, has reviewed the Group's unaudited condensed consolidated financial statements and expressed satisfaction with their compliance and adequacy of disclosure[34](index=34&type=chunk) [Third Quarter Results](index=12&type=section&id=Third%20Quarter%20Results) This section presents the unaudited condensed consolidated financial statements, including comprehensive income and equity changes for the period [Unaudited Condensed Consolidated Financial Statements](index=12&type=section&id=Unaudited%20Condensed%20Consolidated%20Financial%20Statements) This section presents the unaudited condensed consolidated statement of comprehensive income and statement of changes in equity for the nine months ended December 31, 2020, showing a profit attributable to owners of the company of **HKD 2.0 million**, a significant improvement from a **HKD 1.4 million** loss in the prior year, with basic earnings per share of **0.22 HK cents**, and total equity at period-end of **HKD 38.8 million** Unaudited Condensed Consolidated Statement of Comprehensive Income (Nine Months Ended December 31) | Item | 2020 (HKD) | 2019 (HKD) | | :--- | :--- | :--- | | Revenue | 79,267,140 | 110,421,965 | | Gross Profit | 16,392,740 | 21,753,028 | | Operating Profit/(Loss) | 2,398,742 | (951,960) | | Profit/(Loss) Before Tax | 1,700,284 | (1,507,572) | | Profit/(Loss) Attributable to Owners of the Company for the Period | 2,008,944 | (1,369,299) | | Basic Earnings/(Loss) Per Share | 0.22 HK cents | (0.15) HK cents | Summary of Unaudited Condensed Consolidated Statement of Changes in Equity | Item | Amount (HKD) | | :--- | :--- | | As at April 1, 2020 (Audited) | 36,805,070 | | Profit and Total Comprehensive Income for the Period | 2,008,944 | | As at December 31, 2020 (Unaudited) | 38,814,014 | [Notes to the Financial Statements](index=14&type=section&id=Notes%20to%20the%20Unaudited%20Condensed%20Consolidated%20Financial%20Statements) The notes to the financial statements explain the basis of preparation, significant accounting policies, and detailed composition of various items, with the Group's revenue primarily from printing services in Hong Kong, where offset printing is the largest but also most significantly declined source, and from this period, all businesses are managed as a single reporting segment, while also explaining tax calculations and basic earnings per share methodology Revenue by Business Segment (Nine Months Ended December 31) | Service Type | 2020 (HKD) | 2019 (HKD) | | :--- | :--- | :--- | | Offset Printing | 58,382,435 | 84,030,132 | | Primary Color Digital Printing | 5,258,921 | 6,574,599 | | Inkjet Printing | 10,388,068 | 15,797,139 | | Other Services | 5,237,716 | 4,020,095 | | **Total** | **79,267,140** | **110,421,965** | - Starting from this reporting period, the Group is managed and performance is assessed as a single reporting segment, namely the provision of printing services and trading of printed products[47](index=47&type=chunk) - Basic earnings per share is calculated based on the profit attributable to owners of the company of **HKD 2,008,944** and the weighted average of **900,000,000** ordinary shares outstanding during the period[51](index=51&type=chunk)

環球印館控股有限公司 環球印館控股有限公司 中期報告 2020 Interim Report 2020 香港聯合交易所有限公司（「聯交所」）GEM的特點 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 公司提供一個上市之市場。有意投資者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。 鑒於GEM上市公司通常為中小型公司，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。 執行董事 周文強先生 （主席） 許清耐先生 （行政總裁） 梁悅昌先生 黃文軒先生 獨立非執行董事 尹志強先生， 銅紫荊星章，太平紳士 陳俊傑先生 孫咏菁博士 審核委員會 陳俊傑先生 （主席） 孫咏菁博士 尹志強先生， 銅紫荊星章，太平紳士 香港交易及結算所有限公司及聯交所對本中期報告（「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 ...

香港聯合交易所有限公司（「聯交所」）GEM的特點 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 公司提供一個上市之市場。有意投資者應了解投資於該等公司之潛在風險，並應 截至二零二零年六月三十日止三個月（「二零二零年第一季度」），本公司及其附屬公司（「本集團」）的收益約為22.3百萬港 元，較截至二零一九年六月三十日止三個月（「二零一九年第一季度」）的約36.6百萬港元減少。收益下降乃因為印刷服務 的需求減少所導致。我們的印刷服務的需求主要依賴由市場氛圍所帶動的由我們的下游客戶所進行的本地業務及市場活 動。新型冠狀病毒流行病自二零二零年一月起爆發，導致香港於二零二零年第一季度的市場氣氛轉差。因此，本集團的 客戶已減少彼等各自的營銷活動。 二零二零年第一季度的毛利約為4.4百萬港元，較二零一九年第一季度的6.7百萬港元減少約34.7%，其乃主要由於收益 減少，原因為如上所述的需求減少所導致。 本公司擁有人於二零二零年第一季度的應佔溢利約為0.05百萬港元，而於二零一九年第一季度則為2.1百萬港元。撇除 一次性項目於相關財務期間的影響，與二零一九年第一季度的2.1百萬港元相比，於二零二零年 ...

環球印館控股有限公司 年報 2020 環球印館控股有限公司 Annual Report 2020 Annual Report 年報 2020 | | 目錄 | | --- | --- | | 2 | 公司資料 | | 4 | 主席報告 | | 5 | 管理層討論與分析 | | 12 | 董事及高級管理層履歷詳情 | | 15 | 董事會報告 | | 26 | 企業管治報告 | | 37 | 環境、社會及管治報告 | | 50 | 獨立核數師報告 | | 55 | 綜合全面收益表 | | 56 | 綜合財務狀況表 | | 58 | 綜合權益變動表 | | 59 | 綜合現金流量表 | | 60 | 財務報表附註 | | 116 | 財務概要 | 公司資料 董事會 執行董事 周文強先生 （主席） 許清耐先生 （行政總裁） 梁悅昌先生 黃文軒先生 環球印館控股有限公司 香港聯合交易所有限公司（「聯交所」）GEM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公司提 供一個上市之市場。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 ...

Financial Performance - For the nine months ended December 31, 2019, the company's revenue was approximately HKD 110.4 million, a decrease of about 7.2% from HKD 118.9 million for the same period in 2018[5]. - Gross profit for the same period was approximately HKD 21.8 million, down about 11.2% from HKD 24.5 million, resulting in a gross margin decrease from 20.6% to 19.7%[5][15]. - The company recorded a net loss of approximately HKD 4.6 million for the nine months ended December 31, 2019, compared to a net loss of HKD 1.2 million for the same period in 2018[5][17]. - The total revenue for the nine months ended December 31, 2019, was HKD 110,421,965, a decrease of 7.5% compared to HKD 118,927,672 for the same period in 2018[33]. - The gross profit for the nine months was HKD 21,753,028, down 11.3% from HKD 24,507,935 in the previous year[33]. - The company incurred a net loss attributable to owners of HKD 1,369,299 for the nine months, compared to a loss of HKD 1,177,881 in the same period of 2018[33]. - Operating loss for the nine months was HKD 951,960, compared to an operating profit of HKD 847,292 in the previous year[33]. - The basic and diluted loss per share for the nine months was HKD (0.15), compared to HKD (0.13) for the same period in 2018[33]. - The profit before tax for the nine months ended December 31, 2019, was a loss of HKD 1,507,572, compared to a loss of HKD 1,037,678 in 2018[49]. Revenue Breakdown - The revenue from offset printing accounted for HKD 84.0 million or 76.1% of total revenue, a decrease of HKD 5.2 million or 5.9% from HKD 89.3 million in the previous year[9]. - Revenue from inkjet printing was HKD 15.8 million, down HKD 2.6 million or 14.3% from HKD 18.4 million in the previous year[10]. - Other services revenue remained relatively stable at HKD 4.0 million for the nine months ended December 31, 2019, compared to HKD 4.2 million in the previous year[13]. - The total revenue from digital printing for the nine months ended December 31, 2019, was HKD 6,574,599, a decrease of 6.4% from HKD 7,028,357 in 2018[49]. - The revenue from offset printing for the nine months ended December 31, 2019, was HKD 84,030,132, down 5.6% from HKD 89,276,065 in 2018[49]. - The revenue from inkjet printing for the three months ended December 31, 2019, was HKD 5,520,567, down 23.4% from HKD 7,207,428 in 2018[48]. Cost and Expenses - The total cost of sales decreased from HKD 94.4 million in the previous year to HKD 88.7 million, consistent with the decline in revenue[14]. - The depreciation expense for the nine months ended December 31, 2019, was HKD 378,484, down from HKD 591,324 in 2018[49]. Corporate Governance - The board of directors does not recommend the payment of an interim dividend for the nine months ended December 31, 2019[18]. - The company has complied with all provisions of the corporate governance code as per GEM Listing Rules Appendix 15 for the nine months ending December 31, 2019[26]. - The company emphasizes high standards of corporate governance, including a quality board and accountability[26]. - The company has confirmed compliance with the trading code for directors as of December 31, 2019[27]. - The audit committee has reviewed the unaudited consolidated financial statements and confirmed compliance with applicable accounting standards and GEM listing rules[31]. Shareholding and Options - As of December 31, 2019, Mr. Zhou Wenqiang holds 280,400,000 shares, representing approximately 31.16% of the company's issued share capital[20]. - Mr. Xu Qingnai owns 110,500,000 shares, accounting for approximately 12.28% of the company's issued share capital[20]. - Major shareholders include Ms. Xiao Minyin with 280,400,000 shares (31.16%) and Mr. Xie Jiaxuan with 114,760,000 shares (12.75%)[22]. - The company has adopted a share option scheme effective from February 26, 2018, which is valid for 10 years[25]. - The company has not issued any share options since the adoption of the share option scheme[25]. - No shares were purchased, sold, or redeemed by the company or its subsidiaries during the nine months ending December 31, 2019[28]. - There are no known interests held by directors or major shareholders in any competing businesses as of December 31, 2019[29]. Business Strategy - The company plans to explore vertical and horizontal expansion and service diversification due to challenges in the traditional printing business[8]. - The company continues to focus on general printing services and trading of printing products as its main business activities[38]. - The company has a diversified customer base with no single customer accounting for more than 10% of total revenue[43].

Financial Performance - For the six months ended September 30, 2019, the total revenue of the company was approximately HKD 73.9 million, a decrease of about 3.1% compared to HKD 76.3 million for the same period in 2018[8]. - The company recorded a net loss attributable to owners of approximately HKD 2.7 million, compared to a loss of HKD 2.2 million for the same period in 2018[9]. - Revenue from offset printing services accounted for 75.9% of total revenue, generating HKD 56.1 million, a decrease of 2.5% from HKD 57.5 million in the previous year[13]. - Revenue from inkjet printing services decreased by 8.5% to HKD 10.3 million, down from HKD 11.2 million in the previous year[13]. - Other service revenue decreased from HKD 2.9 million to HKD 2.7 million, primarily due to reduced demand for pre-press design services[13]. - The company reported unaudited revenue of HKD 73,857,287 for the six months ended September 30, 2019, a decrease of 3.6% compared to HKD 76,250,157 in the same period of 2018[56]. - Gross profit for the same period was HKD 15,125,254, slightly down from HKD 15,206,393, resulting in a gross margin of approximately 20.5%[56]. - The company achieved a profit attributable to owners of HKD 552,512, compared to a loss of HKD 2,161,749 in the same period last year[56]. - The profit before tax for the six months ended September 30, 2019, was HKD 703,993, a turnaround from a loss of HKD 2,274,084 in the same period of 2018[81]. - The group reported a loss attributable to ordinary equity shareholders of HKD 552,512 for the period, a significant recovery from a loss of HKD 2,161,749 in the previous year[85]. Cost and Expenses - The gross profit margin increased from 19.9% to 20.5%, primarily due to a decrease in the unit cost of raw materials[9]. - Total sales cost decreased from HKD 61.0 million in the first half of 2018 to HKD 58.7 million in the first half of 2019, primarily due to a decrease in unit costs of raw materials[14]. - Employee costs amounted to HKD 16.2 million, slightly up from HKD 16.1 million in the first half of 2018, with 136 full-time employees maintained[21]. - The income tax expense for the six months ended September 30, 2019, was HKD 151,481, compared to a tax credit of HKD 112,335 in the previous year[83]. Assets and Liabilities - As of September 30, 2019, the current assets net amount was HKD 25.2 million, with a current ratio of 1.78, down from HKD 30.1 million and 2.19 on March 31, 2019[19]. - Total assets as of September 30, 2019, were HKD 89,386,400, an increase from HKD 79,241,951 as of March 31, 2019[60]. - Current liabilities increased to HKD 32,158,378 from HKD 25,167,126, reflecting a rise in trade and other payables[59]. - Trade receivables as of September 30, 2019, were HKD 12,720,925, up from HKD 12,175,074 as of March 31, 2019[89]. - Total trade and other payables increased to HKD 23,316,588 from HKD 21,453,855 in the previous period[92]. Corporate Governance and Shareholder Information - The company emphasizes high standards of corporate governance, adhering to all principles and code provisions of the GEM Listing Rules as of September 30, 2019[47]. - The major shareholders include Mr. Zhou Wenqiang with 280,400,000 shares (31.16%) and Mr. Xu Qingnai with 110,500,000 shares (12.28%) as of September 30, 2019[41]. - The company adopted a share option scheme on February 26, 2018, which remains valid for 10 years without any options granted or exercised as of the report date[46]. Future Plans and Investments - The company plans to develop non-paper printing products to meet the growing market demand[12]. - The company has postponed expansion plans due to political instability in Hong Kong, with future plans to seek quotes for a hybrid printing machine once the situation stabilizes[34]. - The company has no significant investment or capital asset plans beyond those disclosed in the prospectus as of September 30, 2019[39]. Cash Flow and Financing Activities - For the six months ended September 30, 2019, the operating cash flow was HKD 6,154,616, compared to a cash outflow of HKD 10,871,975 in the same period of 2018, indicating a significant improvement[65]. - The net cash generated from operating activities was HKD 5,925,579, a recovery from a net cash outflow of HKD 10,883,962 in the previous year[65]. - The company’s financing activities resulted in a net cash outflow of HKD 5,230,880, compared to an outflow of HKD 595,117 in the same period of 2018[65]. Other Relevant Information - The board of directors did not recommend the payment of an interim dividend for the six months ended September 30, 2019[9]. - There were no major acquisitions or disposals of associates, joint ventures, or subsidiaries in the first half of 2019[25]. - The company did not engage in any buybacks, sales, or redemptions of its listed securities during the reporting period[49]. - There are no known matters requiring disclosure after the reporting period[40].