Financial Performance - The financial year ending September 30, 2021, faced challenges due to COVID-19 and regulatory developments in mainland China, impacting the IPO market sentiment[18] - The company's revenue for the fiscal year 2021 was approximately HKD 57.5 million, a decrease of 30% from HKD 82.0 million in 2020[32] - Gross profit decreased by approximately HKD 14.7 million or 33.2% to HKD 29.6 million in 2021, with a gross margin of 51.4% compared to 54.1% in 2020[36] - The company recorded a net loss of approximately HKD 1.7 million in 2021, compared to a net profit of HKD 11.3 million in 2020[42] - The service cost for 2021 was approximately HKD 27.9 million, down from HKD 37.6 million in 2020, aligning with the decrease in revenue[33] - Sales expenses increased by approximately HKD 0.9 million or 33.3% to HKD 3.6 million in 2021, primarily due to increased marketing and employee costs[37] - Administrative expenses decreased by approximately HKD 2.7 million or 8.4% to HKD 29.3 million in 2021, due to reduced impairment losses and professional fees[38] - The total asset return rate for the year 2020 was approximately 10.6% (restated), while it turned negative at about -1.9% for 2021[45] - The equity return rate for 2020 was around 16.2% (restated), and it declined to a negative rate of approximately -2.5% in 2021[46] - The gross profit margin for the group was 51.4% in 2021, down from 54.1% in 2020 (restated)[49] Operational Strategy - The company has strengthened its operational capabilities and overall competitiveness over the years to maintain customer relationships[18] - The long-term demand for quality financial printing services remains strong, and the company is poised to seize opportunities[18] - The company plans to enhance its financial printing services in Hong Kong, particularly for IPO-related documents, amidst a high number of IPO applications[22] - The company is actively managing risks and has established independent workstations in different regions to avoid service interruptions[72] - The company has upgraded its computer and email systems, enhancing operational efficiency[72] Sustainability and Corporate Responsibility - The company is committed to incorporating sustainable development practices into its daily operations to create value for stakeholders[18] - The company has implemented a "No Plastic Fantastic" initiative to reduce plastic usage in the office, supporting sustainable development[21] - The company reported a significant focus on environmental sustainability, implementing policies aimed at resource conservation and waste reduction[94] - The company has not generated or emitted any pollutants during its business operations, indicating a low environmental impact[94] - The company made charitable donations of HKD 5,700 during the year, compared to none in 2020[158] Governance and Compliance - The company has a strong commitment to compliance with Hong Kong laws and regulations, ensuring operational adherence through internal rules and procedures[95] - The financial risk management objectives and policies are detailed in the annual report, indicating a structured approach to managing financial uncertainties[93] - The company has a diverse board of directors with extensive experience in finance, law, and management, enhancing governance and oversight[78][79][82] - The financial statements for the year ending September 30, 2021, have been audited, reflecting the company's commitment to transparency and accountability[91] - The company confirmed compliance with all applicable corporate governance code provisions during the year[170] Shareholder and Financial Management - The company decided not to declare a final dividend for the year[105] - As of September 30, 2021, the company's distributable reserves were approximately HKD 36.8 million[110] - The net proceeds from the listing amounted to approximately HKD 28.7 million after deducting underwriting commissions and related listing expenses[66] - The planned use of net proceeds included HKD 18.6 million for upgrading the Central office, with actual usage at HKD 13.9 million[67] - The company expanded its workforce with an allocation of HKD 10 million, of which HKD 7.5 million was utilized by September 30, 2021[67] Board and Committee Activities - The board consists of five directors, with independent non-executive directors making up 60% of the board[176] - The company held four regular board meetings during the year, approving the audited consolidated financial statements for the year ended September 30, 2020[182] - The audit committee reviewed the audited consolidated financial statements for the year[165] - The Audit Committee held four meetings during the year to review and approve the audited consolidated financial statements for the year 2020 and the unaudited condensed consolidated financial statements for the three months ended December 31, 2020, six months ended March 31, 2021, and nine months ended June 30, 2021[194] - The Remuneration Committee held one meeting during the year to determine the remuneration of the company's directors and senior management, as well as to review annual performance bonuses[200]

Financial Performance - For the nine months ended June 30, 2021, the group's unaudited revenue was approximately HKD 43.5 million, a decrease of about 28.2% compared to the same period in 2020[4] - The group's unaudited gross profit for the nine months ended June 30, 2021, was approximately HKD 22.5 million, down approximately 29.9% year-on-year[4] - The unaudited net profit for the nine months ended June 30, 2021, was approximately HKD 1.6 million, representing a significant decrease of about 85.2% compared to the same period in 2020[5] - Basic earnings per share for the nine months ended June 30, 2021, were HKD 0.16, down from HKD 1.08 for the same period in 2020[6] - For the three months ended June 30, 2021, the group's revenue was HKD 21.9 million, a decrease of approximately 32.8% from HKD 32.6 million in the same period of 2020[10] - The group's gross profit for the three months ended June 30, 2021, was HKD 11.9 million, down approximately 34.1% from HKD 18.0 million in the same period of 2020[10] - The group recorded a profit before tax of HKD 1.6 million for the nine months ended June 30, 2021, compared to HKD 11.1 million for the same period in 2020[10] - The total comprehensive income attributable to owners of the company for the nine months ended June 30, 2021, was HKD 1.6 million, down from HKD 10.8 million in the same period of 2020[10] - The total comprehensive income for the three months ended June 30, 2021, was HKD 4.2 million, compared to HKD 11.8 million for the same period in 2020[31] - The group recorded a profit after tax of approximately HKD 1.6 million for the nine months ended June 30, 2021, down from approximately HKD 10.8 million for the same period in 2020, primarily due to decreased revenue[40] Dividends and Shareholder Information - The board of directors decided not to declare any dividends for the nine months ended June 30, 2021, consistent with the previous year[7] - Basic earnings per share for the nine months ended June 30, 2021, was HKD 0.16, down from HKD 1.08 in the same period of 2020[31] - The group did not declare any dividends for the nine months ended June 30, 2021, consistent with the previous year[29] - No dividends were declared for the nine months ended June 30, 2021, consistent with the previous year[44] - The major shareholder, Achiever Choice, holds 750 million shares, representing 75% of the company's equity[50] Revenue Breakdown - For the nine months ended June 30, 2021, the group's revenue decreased by approximately 28.2% compared to the same period last year, primarily due to a decline in revenue from the listing-related documents segment from approximately HKD 30.2 million to HKD 14.2 million[33] - Revenue from periodic report documents decreased from approximately HKD 18.2 million to HKD 16.7 million during the same period[33] - Revenue from miscellaneous and marketing peripheral products increased from approximately HKD 1.6 million to HKD 2.0 million[33] - The group's revenue decreased from approximately HKD 60.6 million for the nine months ended June 30, 2020, to approximately HKD 43.5 million for the nine months ended June 30, 2021, representing a decline of about 28.2%[34] Expenses and Costs - Employee benefits expenses increased from HKD 12.9 million to HKD 14.7 million for the nine months ended June 30, 2021[28] - Sales and distribution expenses increased from approximately HKD 1.8 million to approximately HKD 2.1 million during the same period, primarily due to increased marketing expenses[36] - Administrative expenses rose from approximately HKD 18.9 million to approximately HKD 19.6 million, mainly due to higher employee costs[38] Compliance and Governance - The company has appointed a compliance advisor, Zhi Fu Financing Limited, in accordance with GEM Listing Rule 6A.19[55] - As of June 30, 2021, the company has complied with all provisions of the corporate governance code as per GEM Listing Rule Appendix 15[56] - The audit committee, consisting of independent non-executive directors, has reviewed the unaudited consolidated results for the nine months ending June 30, 2021, ensuring compliance with applicable accounting standards and GEM Listing Rules[58] Market Outlook and Strategy - The group has noted early signs of recovery in IPO activities in Hong Kong, which may lead to increased demand for primary financial printing services[33] - The group plans to continue investing in facilities and staff to enhance service levels and competitiveness[33] Other Information - The group operates solely in Hong Kong, with all revenues and assets located there[25] - The group has no significant contingent liabilities as of June 30, 2021[43] - There are no new implementation plans or financing plans outside those disclosed in the prospectus as of June 30, 2021[42] - The group does not face significant foreign exchange risks as its business activities are primarily conducted in Hong Kong and denominated in HKD[41] - No repurchase of listed securities has occurred by the company or its subsidiaries during the nine months ending June 30, 2021[57]

Financial Performance - For the six months ended March 31, 2021, the group's unaudited revenue was approximately HKD 21.6 million, a decrease of about 22.9% compared to the same period in 2020[4] - The group's unaudited gross profit for the same period was approximately HKD 10.7 million, representing a decrease of about 24.1% year-on-year[4] - The group recorded an unaudited net loss of approximately HKD 2.6 million for the six months ended March 31, 2021, compared to a net loss of approximately HKD 1 million for the same period in 2020[5] - Basic loss per share for the six months ended March 31, 2021, was HKD 0.26, compared to HKD 0.10 for the same period in 2020[6] - The group reported a total comprehensive loss of approximately HKD 2.6 million for the six months ended March 31, 2021[10] - The company reported a revenue decrease of approximately 22.9%, from HKD 28.0 million for the six months ended March 31, 2020, to HKD 21.6 million for the six months ended March 31, 2021[48] - The company recorded a loss attributable to shareholders of HKD 3,968,000 for the three months ended March 31, 2021, compared to a profit of HKD 1,042,000 for the same period in 2020[34] Assets and Liabilities - As of March 31, 2021, total non-current assets amounted to approximately HKD 13.5 million, down from HKD 19.5 million as of September 30, 2020[12] - Current assets totaled approximately HKD 80.1 million as of March 31, 2021, compared to HKD 88.4 million as of September 30, 2020[12] - The group's net assets as of March 31, 2021, were approximately HKD 70.3 million, down from HKD 72.8 million as of September 30, 2020[12] - The total trade receivables amounted to HKD 12,329,000 as of March 31, 2021, down from HKD 15,923,000 as of September 30, 2020[41] - The company reported a total lease liability of HKD 11,247,000 as of March 31, 2021, down from HKD 17,260,000 as of September 30, 2020[38] - Current liabilities were approximately HKD 21.7 million as of March 31, 2021, resulting in a current ratio of 3.7 times[62] Cash Flow - The net cash generated from operating activities for the six months ended March 31, 2021, was HKD 2,133,000, a decrease of 75% compared to HKD 8,557,000 for the same period in 2020[16] - The company reported a net cash decrease of HKD 4,586,000 for the six months ended March 31, 2021, compared to an increase of HKD 3,077,000 in the same period of 2020[16] - The total cash and cash equivalents at the end of the period were HKD 65,071,000, down from HKD 69,657,000 at the beginning of the period[16] - The company reported total cash outflow from leases of approximately HKD 6,453,000 for the period ended March 31, 2021[40] Expenses - The company incurred employee benefits expenses of HKD 9,435,000 for the six months ended March 31, 2021, a slight decrease from HKD 9,653,000 in the same period of 2020[31] - Service costs decreased from approximately HKD 13.9 million for the six months ended March 31, 2020, to approximately HKD 10.9 million for the six months ended March 31, 2021, a reduction of about 21.6%[51] - Administrative expenses decreased from approximately HKD 13.8 million for the six months ended March 31, 2020, to approximately HKD 12.8 million for the six months ended March 31, 2021[56] Dividends - The board of directors decided not to declare any dividends for the six months ended March 31, 2021, consistent with the previous year[7] - The company did not declare any dividends for the six months ended March 31, 2021, consistent with the previous year where no dividends were declared[32] - The board of directors decided not to declare an interim dividend for the six months ended March 31, 2021, compared to zero HKD for the same period in 2020[79] Market Outlook - The company anticipates a strong and active IPO market in Hong Kong in 2021, which is expected to drive demand for financial printing services[49] - The company has prepared to seize market opportunities by providing excellent service to existing clients and supporting their financial printing needs for listing-related documents[49] Corporate Governance - The company has complied with all corporate governance codes as per GEM listing rules during the reporting period[91] - The company has adopted the GEM Listing Rules regarding the standards for securities transactions by directors, confirming compliance for the six months ended March 31, 2021[92] - The Audit Committee has reviewed the unaudited consolidated results for the six months ended March 31, 2021, ensuring compliance with applicable accounting standards and GEM Listing Rules[95] Employee Information - The company had a total of 59 full-time employees as of March 31, 2021, an increase from 55 employees as of March 31, 2020[78] Other Information - There were no significant acquisitions or disposals of subsidiaries, associates, or joint ventures during the six months ended March 31, 2021[75] - There were no significant investments or capital assets as of March 31, 2021[76] - There were no contingent liabilities as of March 31, 2021, remaining at zero HKD since March 31, 2020[74] - The major shareholder, Achiever Choice, holds 750,000,000 shares, representing 75% of the company's equity[85] - The company has adopted a share option scheme to incentivize eligible participants, but no options have been granted or exercised as of March 31, 2021[87] - No repurchase of listed securities occurred during the six months ended March 31, 2021, and neither the company nor its subsidiaries bought or sold any such securities[93] - There were no significant events requiring disclosure after March 31, 2021, up to the report date[80]

Financial Performance - The group reported unaudited revenue of approximately HKD 14.0 million for the three months ended December 31, 2020, representing an increase of approximately 17.6% compared to the same period in 2019[4]. - The unaudited gross profit for the same period was approximately HKD 7.7 million, which is an increase of approximately 30.5% year-on-year[5]. - The group recorded an unaudited net profit of approximately HKD 1.4 million for the three months ended December 31, 2020, compared to a net loss of approximately HKD 2.0 million in the same period of 2019[6]. - Basic earnings per share for the three months ended December 31, 2020, was HKD 0.14, compared to a basic loss per share of HKD 0.20 for the same period in 2019[7]. - The total comprehensive income attributable to owners of the company for the three months ended December 31, 2020, was HKD 1.4 million, compared to a total comprehensive loss of HKD 2.0 million in the same period of 2019[10]. - The group recorded a loss of approximately HKD 2.0 million for the three months ended December 31, 2019, and a profit of approximately HKD 1.4 million after tax for the three months ended December 31, 2020, reflecting a significant improvement in performance[42]. Revenue Breakdown - Revenue from listing-related documents rose by approximately HKD 3.1 million to about HKD 8.0 million, while revenue from periodic reports, compliance documents, and miscellaneous marketing products decreased by approximately HKD 0.7 million, HKD 0.2 million, and HKD 0.2 million, respectively[32]. - The group's revenue increased by approximately 17.6% from about HKD 11.9 million for the three months ended December 31, 2019, to about HKD 14.0 million for the same period in 2020[34]. Expenses and Costs - Employee benefits expenses decreased from HKD 5.042 million to HKD 4.792 million, with salaries and allowances accounting for HKD 4.612 million[27]. - Administrative expenses decreased from approximately HKD 7.0 million for the three months ended December 31, 2019, to HKD 6.5 million for the three months ended December 31, 2020, primarily due to reduced employee costs and office maintenance expenses[39]. - Other income rose from HKD 44,000 to approximately HKD 1.0 million, primarily due to a one-time subsidy received under the government's employment support scheme[37]. Dividends and Shareholder Information - The board of directors decided not to declare any dividends for the three months ended December 31, 2020, consistent with the previous year[8]. - The major shareholder, Achiever Choice, holds 750,000,000 shares, representing 75% of the company's equity[52]. - The company did not declare any dividends for the three months ended December 31, 2020, consistent with the previous year[29]. - The board did not declare any dividends for the three months ended December 31, 2020, consistent with the previous year[47]. Corporate Governance and Compliance - The financial statements were prepared in accordance with Hong Kong Financial Reporting Standards and GEM Listing Rules[17]. - The company has complied with all corporate governance codes as of December 31, 2020[58]. - The audit committee has reviewed the unaudited consolidated performance for the three months ending December 31, 2020, and confirmed compliance with applicable accounting standards and GEM listing rules[60]. - The audit committee consists of independent non-executive directors, including Mr. Li Weiming (Chairman), Mr. Yin Zhenwei, and Ms. Zeng Zhaoyi[60]. Market Outlook - The company expects a strong and active IPO market in Hong Kong for 2021, which is anticipated to drive demand for financial printing services[33]. - The company is prepared to seize market opportunities and create long-term value for shareholders through exceptional service[33]. Operational Information - The company primarily engages in providing financial printing services in Hong Kong[16]. - The group generated all its revenue in Hong Kong, with no independent segment reporting due to the singular operational segment of financial printing services[23]. - The group had no significant contingent liabilities as of December 31, 2020, remaining unchanged from December 31, 2019[46]. - The group has no foreign exchange risk as its business activities are primarily conducted in Hong Kong and denominated in HKD[43]. - As of December 31, 2020, the group had no new implementation or financing plans beyond those disclosed in the prospectus[44]. - The company has adopted a share option scheme, but no options have been granted or exercised as of December 31, 2020[54]. Reporting and Issuance - The report was issued on February 8, 2021, by the Chairman and Executive Director, Mr. Chen Zengtie[60].

EDICO Holdings Limited 鉅京控股有限公司* (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 : 8450 * For identication purpose only 僅供識別 EDICO Holdings Limited 2019/2020 8/F., Wheelock House, 20 Pedder Street, Central, Hong Kong 香港中環畢打街 20 號會德豐大廈 8 樓 Website 網站 : http://www.edico.com.hk C127090 聯交所GEM（分別為（「聯交所」）及「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主板上市的公司帶有較高投資風險。 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。 鉅京控股有限公 司 Annual Report 年報 由於GEM上市公司一般為中小型公司，在GEM買賣之證券可能會較於聯交 ...

Financial Performance - For the nine months ended June 30, 2020, the group reported unaudited revenue of approximately HKD 60.6 million, an increase of about 32.3% compared to the same period in 2019[6]. - The gross profit for the nine months ended June 30, 2020, was approximately HKD 32.1 million, representing a significant increase of 76.4% year-on-year[6]. - The group recorded an unaudited net profit of approximately HKD 10.8 million for the nine months ended June 30, 2020, compared to a net loss of approximately HKD 6.7 million for the same period in 2019[6]. - Basic earnings per share for the nine months ended June 30, 2020, was HKD 1.08, compared to a basic loss per share of HKD 0.67 for the same period in 2019[6]. - For the three months ended June 30, 2020, the group reported revenue of HKD 32.6 million, compared to HKD 23.3 million for the same period in 2019, marking a year-on-year increase of approximately 39.9%[9]. - The gross profit for the three months ended June 30, 2020, was HKD 18.0 million, up from HKD 9.6 million in the same period of 2019, reflecting an increase of 88.5%[9]. - The group achieved a profit before tax of HKD 12.0 million for the three months ended June 30, 2020, compared to a profit of HKD 1.4 million for the same period in 2019[9]. - Total comprehensive income for the nine months ended June 30, 2020, amounted to HKD 10.8 million, compared to a total comprehensive loss of HKD 6.7 million for the same period in 2019[9]. - Revenue for the nine months ended June 30, 2020, reached HKD 60,587,000, up 32.5% from HKD 45,755,000 in the previous year[23]. - The company reported a total comprehensive income of HKD 3,793,000 for the three months ended June 30, 2020, compared to HKD 6,071,000 for the same period in 2019, reflecting a decrease of 37.5%[27]. Dividends and Shareholder Information - The group did not declare any dividends for the nine months ended June 30, 2020, consistent with the previous year[6]. - There were no dividends declared for the nine months ended June 30, 2020, consistent with the previous year[43]. - Achiever Choice holds 750,000,000 shares, representing 75% of the company's issued share capital as of June 30, 2020[48]. - No share options were granted under the share option scheme since its adoption, and there were no share options exercised, cancelled, or lapsed during the nine months ended June 30, 2020[50]. Expenses and Liabilities - Employee benefits expenses, including director remuneration, decreased to HKD 13,446,000 for the nine months ended June 30, 2020, down 26.6% from HKD 18,386,000 in the previous year[27]. - Selling and distribution expenses decreased from approximately HKD 2.4 million to about HKD 1.8 million, primarily due to reduced employee costs[35]. - Administrative expenses also decreased from approximately HKD 23.1 million to about HKD 18.9 million, despite an increase in depreciation of right-of-use assets[37]. - The company has no significant contingent liabilities as of June 30, 2020[42]. Operational Insights - The financial printing services segment is the sole operating segment of the company, with all revenue generated from this service[24]. - The company experienced a rise in revenue from the IPO-related documents segment, which increased by approximately HKD 13.0 million to about HKD 30.2 million for the nine months ended June 30, 2020[31]. - The company’s compliance documents revenue for the three months ended June 30, 2020, was HKD 2,985,000, a decrease of 15.5% from HKD 3,531,000 in the same period of 2019[23]. - The company noted early signs of recovery in IPO activities in Hong Kong, indicating a potential increase in demand for financial printing services[32]. Compliance and Governance - The audit committee reviewed the unaudited consolidated results for the nine months ended June 30, 2020, and confirmed compliance with applicable accounting standards and GEM listing rules[56]. - The company did not redeem any of its listed securities, nor did it or any of its subsidiaries purchase or sell such securities during the nine months ended June 30, 2020[55]. - There were no competitive businesses or interests reported by directors or major shareholders during the nine months ended June 30, 2020[51]. - The company incurred a tax expense of HKD 211,000 for the three months ended June 30, 2020, as it became subject to Hong Kong profits tax[26]. Asset and Equity Position - The group's total equity as of June 30, 2020, was approximately HKD 79.6 million, an increase from HKD 73.6 million as of June 30, 2019[11]. - The company’s total assets and liabilities are located entirely in Hong Kong, indicating a focused operational geography[24]. - The adoption of HKFRS 16 resulted in the recognition of right-of-use assets and corresponding lease liabilities, impacting the financial statements starting from October 1, 2019[20].

Financial Performance - The group reported unaudited revenue of approximately HKD 28.0 million for the six months ended March 31, 2020, representing an increase of approximately 24.4% compared to the same period in 2019[7]. - The unaudited gross profit for the same period was approximately HKD 14.1 million, which is an increase of approximately 62.1% year-on-year[8]. - The group recorded an unaudited net loss of approximately HKD 1.0 million for the six months ended March 31, 2020, compared to a net loss of approximately HKD 8.1 million in the same period of 2019[9]. - Basic loss per share for the six months ended March 31, 2020, was HKD 0.10, a significant improvement from HKD 0.81 for the same period in 2019[10]. - The group experienced a decrease in contract assets to HKD 3.5 million as of March 31, 2020, down from HKD 10.8 million[16]. - The group reported a decrease in administrative expenses to HKD 13.8 million for the six months ended March 31, 2020, compared to HKD 16.1 million in the same period of 2019[14]. - Revenue from financial printing services for the six months ended March 31, 2020, was HKD 27,998,000, representing a 24.0% increase from HKD 22,452,000 in 2019[30]. - The total revenue from listing-related documents for the three months ended March 31, 2020, was HKD 9,645,000, significantly up from HKD 2,685,000 in 2019[30]. - The company’s revenue from compliance documents for the six months ended March 31, 2020, was HKD 7,625,000, up from HKD 5,579,000 in 2019[30]. Cash Flow and Assets - The group's cash and bank balances increased to HKD 50.5 million as of March 31, 2020, from HKD 47.4 million as of September 30, 2019[16]. - The net cash generated from operating activities for the six months ended March 31, 2020, was HKD 8,557,000, compared to a net cash used of HKD 4,936,000 in the same period of 2019[19]. - The cash and cash equivalents increased by HKD 3,077,000 during the six months ended March 31, 2020, compared to a decrease of HKD 13,088,000 in the same period of 2019[19]. - As of March 31, 2020, the company’s cash and cash equivalents at the end of the period were HKD 50,476,000, compared to HKD 49,301,000 at the end of the previous period[19]. - Total assets less current liabilities as of March 31, 2020, amounted to HKD 76.4 million, compared to HKD 68.7 million as of September 30, 2019[16]. - Total trade receivables as of March 31, 2020, amounted to HKD 24,242,000, an increase from HKD 20,783,000 as of September 30, 2019[43]. Dividends and Shareholder Information - The board resolved not to declare any dividend for the six months ended March 31, 2020, consistent with the previous year[11]. - The company did not declare any dividends for the six months ended March 31, 2020, consistent with the previous year[35]. - The major shareholder, Achiever Choice, holds 750 million shares, representing 75% of the company's equity[79][82]. Employee and Operational Information - The company recorded employee benefit expenses of HKD 9,653,000 for the six months ended March 31, 2020, down from HKD 12,315,000 in the same period of 2019, representing a decrease of approximately 21.5%[34]. - As of March 31, 2020, the company had a total of 55 full-time employees, down from 61 employees as of March 31, 2019[76]. Corporate Governance and Compliance - The company has appointed a compliance advisor, who has confirmed their independence as of March 31, 2020[87]. - The company has adhered to all corporate governance codes except for a deviation related to the absence of the chairman at the annual general meeting held on February 5, 2020[88]. - All directors have confirmed compliance with the trading standards set forth in the GEM Listing Rules for the six months ending March 31, 2020[89]. - No directors or major shareholders have any competing business interests with the group as of March 31, 2020[85]. Future Plans and Investments - The group plans to continue investing in facilities and staff to enhance service levels and competitiveness[49]. - The company plans to postpone the use of net proceeds from its IPO until the fiscal year ending March 31, 2021, due to rising rental costs and a competitive business environment[67]. Other Financial Information - The company did not redeem any listed securities nor did it or any of its subsidiaries purchase or sell any such securities during the six months ending March 31, 2020[90]. - The financial information in the report has not been audited by the independent auditor, but the audit committee has reviewed the unaudited consolidated results for the six months ending March 31, 2020[92].

二零一九年/二零二零年第一季度業績報告 承蒙信賴，深感榮耀 EDICO Holdings Limited 鉅京控股有限公司* (於開曼群島註冊成立之有限公司) 股份代號 : 8450 * 僅供識別 YOUR CHOICE, OUR PRIDE * For identication purpose only EDICO Holdings Limited 鉅京控股有限公司* (Incorporated in the Cayman Islands with limited liability) Stock code : 8450 First Quarterly Report 2019/2020 摺線 聯交所GEM（分別為（「聯交所」）及「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 在主板上市的公司帶有較高投資風險。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上市公司一般為中小型公司，在GEM買賣之證券可能會較於聯交 所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 ...

Financial Performance - For the fiscal year ending September 30, 2019, the company's revenue was approximately HKD 60.0 million, a decrease of about 33.8% compared to the previous year[20]. - The gross profit for the same period was approximately HKD 24.4 million, reflecting a decrease of 47.0% year-over-year[20]. - The company reported a loss attributable to owners of approximately HKD 11.5 million, compared to a profit of HKD 4.7 million in the previous year[20]. - Revenue for the year ended September 30, 2019, was approximately HKD 59.98 million, a decrease of 33.9% from HKD 90.61 million in 2018[29]. - Gross profit decreased by 47.2% to approximately HKD 24.44 million, with a gross margin of 40.8% compared to 50.9% in 2018[34]. - The company recorded a net loss of approximately HKD 11.54 million for the year, compared to a profit of HKD 4.74 million in 2018, resulting in a net loss margin of 19.2%[29][40]. - The total asset return rate fell to approximately -13.8% in 2019 from 4.6% in 2018, reflecting the financial challenges faced[42]. - The equity return rate also declined to approximately -16.8% in 2019 from 5.6% in 2018, indicating a significant drop in profitability[43]. - The company did not recommend a final dividend for the year, contrasting with a dividend of HKD 0.005 per share in 2018[44]. Market Conditions - The company faced challenges due to the ongoing trade tensions between China and the United States, which affected investor confidence[20]. - The number of initial public offerings (IPOs) in Hong Kong significantly declined in the first nine months of 2019 compared to the same period in 2018[20]. Customer and Supplier Concentration - The five largest customers accounted for approximately 22.7% of total revenue in 2019, up from 19.0% in 2018, indicating a slight increase in customer concentration[28]. - The top five suppliers represented about 43.0% of the total service costs, up from 40.3% in 2018, with the largest supplier accounting for approximately 16.2% of total service costs[137]. Operational Improvements - The company has renovated and upgraded its office facilities to enhance the working experience for clients[21]. - Employee workspace has been expanded to provide a better working environment, aimed at improving efficiency[21]. - The company aims to enhance service quality and competitiveness by investing in resources and employee training[23][31]. - The company has upgraded its computer and email systems, as well as server configurations, to improve operational efficiency[66]. Use of IPO Proceeds - The net proceeds from the IPO amounted to approximately HKD 28.7 million after deducting underwriting commissions and related listing expenses[59]. - The planned use of net proceeds includes upgrading the Central office and establishing a new office with a total planned expenditure of HKD 34.6 million, of which HKD 13.9 million has been utilized as of September 30, 2019[62]. - The actual application of funds for expanding the workforce was HKD 7.5 million, with an additional HKD 2.1 million spent on equipment and software upgrades[62]. - The company plans to extend the use period of the proceeds from March 31, 2020, to March 31, 2021, due to competitive market conditions and economic slowdown[66]. Management and Governance - The company has a strong management team with over 20 years of experience in finance and accounting, including independent non-executive directors with significant qualifications[71][73][74]. - The Chief Financial Officer, Zheng Guiyi, has over 20 years of experience in accounting and financial management, overseeing daily operations since joining the group in April 2010[75][76]. - The company emphasizes the importance of independent opinions in its board structure, with independent non-executive directors serving on various committees[73][74]. - The company has a commitment to maintaining high standards of corporate governance, as evidenced by the qualifications of its board members and management team[71][73]. - The company is actively involved in risk management, with independent directors participating in the risk management committee[73]. Compliance and Regulations - The company has established internal rules to ensure compliance with applicable laws and regulations in Hong Kong[90]. - The company has confirmed the independence of its independent non-executive directors according to GEM Listing Rules[108]. - The company has complied with all applicable corporate governance code provisions as per GEM Listing Rules Appendix 15 during the year[159]. Charitable Contributions - The company made charitable donations of HKD 20,000 this year, compared to zero in 2018[150]. Financial Summary - The financial summary of the company's performance over the past five fiscal years is detailed in the annual report[97]. - As of September 30, 2019, the company's distributable reserves were approximately HKD 37.2 million[104].

Financial Performance - For the nine months ended June 30, 2019, the group's unaudited revenue was approximately HKD 45.8 million, a decrease of about 30.9% compared to the same period in 2018[4]. - The group's unaudited gross profit for the nine months ended June 30, 2019, was approximately HKD 18.2 million, a decrease of about 46.5% compared to the same period in 2018[6]. - The group recorded an unaudited net loss of approximately HKD 6.7 million for the nine months ended June 30, 2019, compared to a net profit of approximately HKD 1.8 million for the same period in 2018[6]. - Basic loss per share for the nine months ended June 30, 2019, was HKD 0.67, compared to basic earnings per share of HKD 0.21 for the same period in 2018[6]. - The group recorded a loss of approximately HKD 6.7 million after tax for the nine months ended June 30, 2019, compared to a profit of approximately HKD 1.8 million for the same period in 2018[38]. - Gross profit fell by approximately 46.5%, from about HKD 34.0 million to about HKD 18.2 million, primarily due to the decline in revenue from listing-related documents[32]. Revenue Breakdown - For the three months ended June 30, 2019, the group's unaudited revenue was HKD 23.3 million, down from HKD 28.3 million in the same period of 2018[8]. - Revenue from financial printing services for the three months ended June 30, 2019, was HKD 23,303,000, a decrease of 17.5% compared to HKD 28,254,000 for the same period in 2018[18]. - For the nine months ended June 30, 2019, revenue from financial printing services was HKD 45,755,000, down 30.9% from HKD 66,288,000 in the previous year[18]. - The decline in revenue was significantly impacted by a decrease in the number of new clients successfully listed on the stock exchange during the nine months ended June 30, 2019[31]. Expenses and Losses - The group's unaudited loss before tax for the nine months ended June 30, 2019, was HKD 6.7 million, compared to a profit before tax of HKD 4.1 million for the same period in 2018[8]. - The group reported administrative expenses of HKD 23.1 million for the nine months ended June 30, 2019, down from HKD 27.4 million in the same period of 2018[8]. - Employee benefits expenses for the nine months ended June 30, 2019, increased to HKD 18,386,000 from HKD 16,571,000 in 2018, reflecting a rise of 10.9%[24]. - Selling and distribution expenses decreased from approximately HKD 2.6 million to about HKD 2.4 million, mainly due to a reduction in employee costs and compensation expenses[35]. - Administrative expenses decreased from approximately HKD 27.4 million to about HKD 23.1 million, primarily due to the absence of non-recurring listing expenses[36]. Dividends and Equity - The board of directors decided not to declare any dividends for the nine months ended June 30, 2019, compared to zero dividends in 2018[6]. - The company did not declare any dividends for the nine months ended June 30, 2019, consistent with the previous year[25]. - The total equity attributable to owners of the company as of June 30, 2019, was HKD 73.6 million, a decrease from HKD 82.4 million as of June 30, 2018[10]. Compliance and Governance - The company has appointed a compliance advisor, who has declared its independence, and there are no interests in the company's securities held by the compliance advisor or its associates[55]. - The company has adhered to all corporate governance code provisions as outlined in the GEM Listing Rules during the nine months ended June 30, 2019[56]. - The financial information in the report has not been audited by the company's independent auditor, but the audit committee has reviewed the unaudited consolidated results and found them compliant with applicable accounting standards[59]. Operational Plans - The group plans to continue expanding operational capabilities and market share following the completion of office renovations in Central Hong Kong[30]. - The company has identified only one operating segment, which is the provision of financial printing services, with all revenue generated in Hong Kong[19]. - The company has no new implementation or financing plans beyond those disclosed in the prospectus[40].