Financial Performance - Total revenue for the six months ended December 31, 2022, was SGD 5,616,939, a decrease of 9.8% compared to SGD 6,223,353 for the same period in 2021[10] - The company reported a net loss of SGD 594,752 for the six months ended December 31, 2022, compared to a profit of SGD 200,964 for the same period in 2021[10] - Basic and diluted loss per share for the six months ended December 31, 2022, was SGD (0.23), compared to earnings of SGD 0.09 in the same period of 2021[10] - Total comprehensive loss for the six months ended December 31, 2022, was SGD 599,893, a significant decline from a comprehensive income of SGD 212,308 in the previous year[10] - The company reported a net loss of SGD 541,904 for the six months ended December 31, 2022, compared to a loss of SGD 1,685,280 for the previous year[13] - The company reported a loss attributable to equity holders of approximately SGD 0.5 million for the six months ended December 31, 2022, compared to a profit of approximately SGD 0.2 million for the same period in 2021[64] Revenue Breakdown - Total revenue for the six months ended December 31, 2022, was SGD 5,616,939, with SGD 3,873,656 from bakery products and SGD 1,743,283 from restaurant operations[24] - The group experienced a decrease in revenue from bakery products, which was SGD 4,155,109 for the six months ended December 31, 2021, compared to SGD 3,873,656 for the same period in 2022, representing a decline of approximately 6.8%[28] - For the three months ended December 31, 2022, total revenue was SGD 2,897,667, with SGD 2,265,189 from bakery products and SGD 632,478 from restaurant operations[26] - Revenue from external customers for Singapore increased to SGD 2,621,900 in Q4 2022 from SGD 2,423,103 in Q4 2021, representing an 8.2% growth[36] - Revenue from external customers for China decreased to SGD 275,777 in Q4 2022 from SGD 307,705 in Q4 2021, a decline of 10.4%[36] Cost Management - Employee benefit expenses decreased by 18.4% to SGD 1,896,388 for the six months ended December 31, 2022, down from SGD 2,323,714 in the previous year[10] - The company experienced a significant reduction in the cost of materials, which fell by 17.3% to SGD 1,360,432 for the six months ended December 31, 2022, compared to SGD 1,646,966 in 2021[10] - The cost of materials and consumables amounted to SGD 1,360,432, while employee benefits cost was SGD 1,896,388 for the same period[24] - Total other expenses for the six months ended December 31, 2022, were SGD 1,345,802, slightly down from SGD 1,357,474 in the same period of 2021[42] Assets and Liabilities - Total assets decreased from SGD 10,765,522 to SGD 8,630,954, a decline of approximately 19.8%[11] - Cash and cash equivalents dropped significantly from SGD 2,270,293 to SGD 996,157, representing a decrease of about 56.2%[15] - Trade and other payables increased from SGD 2,740,793 to SGD 3,008,810, an increase of about 9.8%[11] - Non-current assets decreased from SGD 7,363,717 to SGD 5,823,053, a decline of approximately 20.9%[11] - The company's total liabilities decreased from SGD 10,146,974 to SGD 8,612,417, a reduction of about 15.1%[11] - The company’s equity attributable to owners decreased from SGD 639,784 to SGD 92,680, a decline of approximately 85.5%[13] Operational Strategy - The company plans to focus on cost management and operational efficiency to improve financial performance in the upcoming periods[10] - The company plans to enhance operational efficiency and explore opportunities to expand its customer base and market share[65] Corporate Governance - The company appointed a new compliance advisor, Fuqiang Financial Capital Limited, effective January 15, 2023[106] - The company changed its name from "Global Dining Holdings Limited" to "Global Uin Intelligence Holdings Limited" effective December 29, 2022[114] - The board of directors saw changes with Mr. Zhang appointed as CEO effective December 16, 2022[112] - The company is committed to maintaining high standards of corporate governance to foster trust among shareholders and stakeholders[122] - The board consists of four executive directors and three independent non-executive directors, ensuring adequate representation of shareholder interests[124]

Financial Performance - For the three months ended September 30, 2022, the company reported total revenue of SGD 2,719,272, a decrease of 22.1% compared to SGD 3,492,545 for the same period in 2021[10]. - The company incurred a loss before tax of SGD 571,552, compared to a profit of SGD 135,970 in the same quarter of the previous year[10]. - The total comprehensive loss for the period was SGD 563,293, while the total comprehensive income for the previous period was SGD 135,970[12]. - The loss attributable to owners of the company was SGD 510,607, compared to a profit of SGD 137,040 in the previous period[12]. - Basic and diluted loss per share was SGD (0.21), compared to earnings of SGD 0.06 per share in the previous period[12]. - Total revenue decreased by approximately SGD 0.8 million or 22.1% to about SGD 2.7 million for the period, down from approximately SGD 3.5 million for the three months ended September 30, 2021, attributed to reduced local consumption and travel restrictions[34]. Revenue Breakdown - Revenue from external customers in Singapore was SGD 2,469,899, a decrease from SGD 3,450,530 in the previous year, while revenue from China increased to SGD 249,373 from SGD 42,015[24]. - The bakery segment generated revenue of SGD 1,608,467, down from SGD 2,531,848 in the previous period, indicating a decline of approximately 36.4%[23]. - The bakery segment generated revenue of SGD 1,608,467, accounting for 59.2% of total revenue, while the Japanese casual dining segment contributed SGD 520,126 or 19.1%[36]. Operational Efficiency and Strategy - The company is focused on enhancing its operational efficiency and exploring new market opportunities[10]. - The company aims to continue its strategic initiatives to improve financial performance in the upcoming quarters[10]. - The company continues to assess its operational performance and make strategic decisions based on both qualitative and quantitative factors[22]. - The company aims to enhance operational efficiency and profitability while actively seeking opportunities to expand its customer base and market share[32]. Shareholder Information - As of September 30, 2022, major shareholders AA Food, Aris Goh, and Anita Chia collectively hold 153,000,000 shares, representing 63.75% of the company's equity[58]. - Dunman Capital Global Limited, owned by Yang Fan, holds 23,632,500 shares, accounting for 9.85% of the company's equity[58]. - On November 3, 2022, AA Food entered into a sale agreement to sell 153,000,000 shares for a total consideration of HKD 47,812,500, equivalent to HKD 0.3125 per share[67]. - Following the sale agreement, the buyer and its concert parties will collectively own 63.75% of the company's issued share capital[67]. Corporate Governance - The board confirmed that the information provided is accurate and complete, with no misleading or fraudulent elements[2]. - The company has maintained compliance with the corporate governance code as per GEM listing rules throughout the reporting period[62]. - The company emphasizes the importance of corporate transparency and accountability to maintain shareholder trust[62]. - The company has adopted a code of conduct for securities transactions by directors, ensuring compliance throughout the reporting period[63]. - The audit committee, consisting of three independent non-executive directors, has reviewed the unaudited financial results for the first quarter ending September 30, 2022[65]. Other Income and Expenses - Other income for the same period was SGD 110,726, which increased significantly from SGD 42,747 in the previous year[10]. - The company reported a financial expense of SGD 90,972, down from SGD 155,406 in the same quarter of 2021[10]. - Operating lease costs for the period totaled SGD 834,477, showing no significant change compared to SGD 808,249 for the three months ended September 30, 2021[41]. - Depreciation expenses increased to SGD 213,349 for the period, up from SGD 110,339 for the three months ended September 30, 2021, mainly due to new restaurant openings in China[43][44]. - Employee benefit expenses were SGD 1,029,915, slightly down from SGD 1,043,684 in the prior year[10]. - The depreciation of right-of-use assets was SGD 663,415, a decrease from SGD 874,881 in the previous year[10]. Future Outlook - The company maintains a cautious outlook on future developments, supported by robust financial management and a strong talent pool[32]. - There have been no significant events occurring after the reporting period up to the date of this report[68]. - The board did not recommend the payment of dividends for the period, consistent with the previous year[49].

Financial Performance - Revenue for the three months ended September 30, 2022, was SGD 2,719,272, a decrease of 22.1% compared to SGD 3,492,545 for the same period in 2021[9] - The company reported a loss before tax of SGD 571,552, compared to a profit of SGD 135,970 in the same quarter of the previous year[9] - Total comprehensive loss for the period was SGD 563,293, contrasting with a profit of SGD 135,970 in the prior year[11] - Basic and diluted loss per share was SGD (0.21), compared to earnings of SGD 0.06 per share in the previous year[11] - For the three months ended September 30, 2022, the company reported a net loss attributable to owners of approximately SGD 0.51 million, compared to a net profit of SGD 0.14 million for the same period in 2021[30] - Total revenue for the three months ended September 30, 2022, was SGD 2.72 million, a decrease of 22.1% from SGD 3.49 million in the same period of 2021[22] - Revenue from external customers in Singapore was SGD 2.47 million, down 28.5% from SGD 3.45 million in the previous year[23] - The bakery segment generated revenue of 1.61 million Singapore dollars, accounting for 59.2% of total revenue, down from 2.53 million Singapore dollars or 72.5% in the previous year[35] - The net loss attributable to the company's owners for the period was approximately 0.5 million Singapore dollars, compared to a profit of 0.1 million Singapore dollars in the same period last year[47] Income and Expenses - Other income increased to SGD 110,726 from SGD 42,747, representing a growth of 158.5% year-over-year[9] - Other income increased by approximately 159.0% to 110,726 Singapore dollars, driven by additional government support measures[36] - The cost of materials and consumables used decreased to SGD (826,017) from SGD (896,474), a reduction of 7.8%[9] - The cost of materials and consumables decreased by about 7.9% to approximately 0.8 million Singapore dollars, consistent with the decline in revenue[37] - Employee benefits expenses slightly decreased to SGD (1,029,915) from SGD (1,043,684), a decline of 1.3%[9] - Operating lease costs totaled 834,477 Singapore dollars, showing no significant change compared to 808,249 Singapore dollars in the previous year[40] - Depreciation of right-of-use assets was SGD (663,415), down from SGD (874,881), indicating a decrease of 24.1%[9] - Depreciation expense for the period increased to 213,349 Singapore dollars, up from 110,339 Singapore dollars in the same period last year[42] Equity and Shareholder Information - The total equity attributable to owners of the company decreased to SGD 2,462,191 from SGD 2,325,151, reflecting a decline of 5.9%[13] - The total equity attributable to owners as of September 30, 2022, was SGD 55,255, a decrease from SGD 618,548 as of July 1, 2022[5] - The company has not declared or paid any dividends during the period[27] - The company did not recommend any dividend payments for the period, consistent with the previous year[48] - As of September 30, 2022, AA Food holds 153,000,000 shares, representing 63.75% of the company's issued share capital[57] - Dunman Capital Global Limited holds 23,632,500 shares, representing 9.85% of the company's shares[57] - The total consideration for the sale of 153,000,000 shares was HKD 47,812,500, equivalent to HKD 0.3125 per share[66] - Aris Goh and Anita Chia each own 50% of AA Food, which is the beneficial owner of 153,000,000 shares[57] Operational Insights - The company operated 13 bakeries and 9 casual dining restaurants in Singapore as of September 30, 2022, with additional locations in Shanghai, China[32] - The bakery segment's customer traffic decreased significantly due to reliance on local consumption and COVID-19 restrictions in Shanghai affecting operations[47] - The company retained most employees from closed restaurants, resulting in no significant change in employee benefit costs[38] Governance and Compliance - The audit committee consists of three independent non-executive directors, ensuring compliance with financial reporting standards[64] - The company has maintained compliance with the corporate governance code throughout the reporting period[61] - The company emphasizes the importance of corporate governance and transparency to maintain stakeholder trust[61] - A mandatory unconditional offer commenced on November 4, 2022, following the sale of shares[66] - No significant events occurred after the reporting period up to the date of the report[67] Future Outlook - The company is actively seeking opportunities to expand its customer base and market share to enhance shareholder value[31] - The management remains confident in future growth due to ongoing operational efficiency improvements and market expansion efforts[31] - The company has adopted a share option scheme since April 24, 2020, but no options have been granted under this scheme[63] - The company recorded a foreign exchange gain of SGD 6,440 for the period, contributing to other comprehensive income[22] - The company experienced a foreign exchange loss of SGD 8,259 related to its overseas operations[9]

Financial Performance - The company reported revenue of approximately SGD 11.96 million for the fiscal year ending June 30, 2022, a decrease of 15.4% from SGD 14.14 million in 2021[9]. - The pre-tax loss for the year was SGD (1.58) million, representing a significant improvement of 67.1% compared to a loss of SGD (4.82) million in the previous year[9]. - The net loss attributable to equity holders of the company was SGD (1.69) million, down 65.5% from SGD (4.88) million in 2021[9]. - Total assets decreased by 37.4% to SGD 10.77 million from SGD 17.20 million in the previous year[9]. - Total liabilities also decreased by 31.8% to SGD 10.15 million from SGD 14.87 million in 2021[9]. - The company’s net assets fell by 73.4% to SGD 618,548 compared to SGD 2.33 million in the previous year[9]. - Total revenue for the fiscal year ended June 30, 2022, was approximately SGD 12.0 million, a decrease of about SGD 2.2 million or 15.4% compared to approximately SGD 14.1 million for the fiscal year ended June 30, 2021[37]. - Revenue from the bakery segment was approximately SGD 7.6 million, a decrease of about SGD 2.8 million or 26.9% from approximately SGD 10.3 million in the previous fiscal year[40]. - Revenue from casual dining restaurants totaled approximately SGD 4.4 million, an increase of about SGD 0.6 million or 15.9%, primarily due to the reopening of dining services after COVID-19 restrictions were lifted[41]. - Other income increased by approximately SGD 0.3 million or 34.7% to about SGD 1.1 million, mainly due to government support measures extended during the pandemic[42]. Operational Adjustments - The company faced significant challenges due to the COVID-19 pandemic, which severely impacted local and international economies[15]. - The company plans to adopt a cautious approach in adjusting its business strategies to minimize losses and improve performance[15]. - A series of reforms and adjustments have been implemented to streamline operations, enhance product and service quality, reduce costs, and improve efficiency[15]. - The company has reorganized affected restaurants and negotiated rent waivers or reductions with landlords to mitigate the impact of the pandemic[33]. - The group aims to enhance operational efficiency and profitability while actively exploring opportunities to expand its customer base and market share[33]. Asset and Liability Management - As of June 30, 2022, cash and bank balances were approximately SGD 2.3 million, down from SGD 4.6 million in 2021[61]. - Current liabilities net amount was SGD 3.4 million as of June 30, 2022, compared to SGD 2.4 million in 2021[62]. - Total equity attributable to owners was SGD 0.6 million as of June 30, 2022, down from SGD 2.3 million in 2021[63]. - Borrowings decreased by approximately SGD 0.3 million or 37.7% to approximately SGD 0.6 million as of June 30, 2022, primarily due to loan repayments[64]. - The debt-to-equity ratio was 6.18 as of June 30, 2022, compared to 1.97 in 2021[82]. Employee and Workforce Management - The number of employees increased from 162 in FY2021 to 165 in FY2022, indicating a growth in workforce[110]. - The company expanded its workforce by hiring an operations manager, three pastry chefs, three chefs, a human resources officer, a customer manager, and a marketing manager, fulfilling all recruitment plans[85]. - Employee benefits costs remained stable at approximately SGD 4.5 million compared to the previous fiscal year[47]. - The percentage of full-time employees rose from 58.6% (95 employees) in FY2021 to 67.9% (112 employees) in FY2022[148]. - New employee count increased significantly from 16 in FY2021 to 39 in FY2022, marking a 143.75% increase[153]. - Employee turnover was recorded at 6 individuals in FY2022, with 66.6% (4 employees) being from Malaysia[153]. - The company emphasizes a non-discriminatory work environment and has mechanisms in place to address any complaints related to discrimination or harassment[149]. - The company has committed to not employing any child or forced labor, with a minimum legal hiring age of 18 years established in its recruitment policy[163]. Environmental, Social, and Governance (ESG) Initiatives - A sustainability roadmap has been established to address significant environmental, social, and governance issues, with ongoing monitoring of related indicators and goals[88]. - The company plans to reduce electricity and water consumption by 5% compared to the previous fiscal year[105]. - The company aims to minimize waste generation, including waste from unsold products[105]. - The company has implemented measures to minimize food waste, including donating unsold products to non-profit organizations[136]. - The company has not generated any hazardous waste under Singapore's Hazardous Waste Act in FY2022, which is a point of pride[126]. - The company has established energy efficiency targets and steps to achieve these goals[187]. - The company identifies and addresses significant climate-related issues that may impact its operations[189]. - The company has established a code of conduct and anti-corruption policies communicated to all new employees and directors[180]. Customer Relations and Quality Control - Customer complaints in fiscal year 2022 were primarily related to service quality and product standards, with cash vouchers issued to address issues[174]. - The company emphasizes responsible sourcing and evaluates suppliers based on food safety, product quality, and timely delivery[167]. - The company has not integrated social and environmental criteria into its supplier evaluation process but aims to collaborate with ethically responsible suppliers[168]. - The company has a total of 56 food handlers and 1 food safety officer registered with the Singapore Food Agency, ensuring compliance with food safety training[173]. Financial Governance and Compliance - The company has maintained high standards of corporate governance and internal controls to uphold its brand and reputation[165]. - The report is prepared in accordance with the GEM listing rules, focusing on environmental, social, and governance (ESG) issues[184]. - The company has adhered to the corporate governance code since its listing date, ensuring transparency and accountability[200].

Financial Performance - Total revenue for the year ended June 30, 2022, was SGD 11,961,710, a decrease of 15.4% from SGD 14,136,821 in the previous year[10] - The company reported a pre-tax loss of SGD (1,581,965), which is an improvement of 67.1% compared to SGD (4,815,227) in the prior year[10] - Net loss attributable to equity holders of the company was SGD (1,685,280), down 65.5% from SGD (4,883,965) year-on-year[10] - The group reported revenue of approximately SGD 12.0 million for the fiscal year ending June 30, 2022, down from SGD 14.1 million in 2021, with a loss of SGD 1.8 million compared to a loss of SGD 4.9 million in the previous year[14] - Total revenue for the year was approximately SGD 12.0 million, a decrease of about SGD 2.2 million or 15.4% compared to SGD 14.1 million for the year ended June 30, 2021[38] Assets and Liabilities - Total assets decreased by 37.4% to SGD 10,765,522 from SGD 17,195,016[10] - Total liabilities decreased by 31.8% to SGD 10,146,974 from SGD 14,868,877[10] - Net assets decreased by 73.4% to SGD 618,548 from SGD 2,326,139[10] - The group's net current liabilities increased to 3.4 million SGD as of June 30, 2022, compared to 2.4 million SGD in 2021[63] - Total borrowings decreased from approximately 0.9 million SGD as of June 30, 2021, to about 0.6 million SGD, a reduction of approximately 0.3 million SGD or 37.7%[65] Operational Adjustments - The company plans to adopt a cautious approach to adjust its business strategy to minimize losses and improve performance amid ongoing uncertainties[16] - A series of reforms and adjustments have been implemented to streamline operations, enhance product and service quality, reduce costs, and improve efficiency[16] - The company has reorganized affected restaurants and negotiated rent reductions with landlords to mitigate the impact of the pandemic[34] - The company has reduced the number of bakery outlets from 18 to 13, and the total number of outlets decreased from 28 to 24[38] Employee and Workforce Management - Employee benefits costs remained stable at approximately SGD 4.5 million, consistent with the previous fiscal year[48] - The group employed a total of 165 employees as of June 30, 2022, down from 169 in 2021[76] - Employee count increased from 162 in FY2021 to 165 in FY2022, indicating a growth in workforce[111] - The percentage of full-time employees rose from 58.6% in FY2021 to 67.9% in FY2022, indicating a shift towards more stable employment[154] - New employee count increased significantly from 16 in FY2021 to 39 in FY2022, a rise of 143.75%[154] Environmental and Sustainability Efforts - The company aims to deepen its sustainability efforts by monitoring environmental, social, and governance indicators and setting additional goals[89] - The company plans to reduce electricity and water consumption by 5% compared to the previous fiscal year[106] - The company aims to minimize waste generation, including waste from unsold products[106] - Greenhouse gas emissions decreased from 22 tons of CO2 equivalent in FY2021 to 15 tons in FY2022, representing a reduction of approximately 32%[111] - Total electricity consumption dropped by 58% from 1,671,176 kWh in FY2021 to 701,857 kWh in FY2022[121] Compliance and Governance - The company has a strong commitment to corporate governance and internal controls to maintain stakeholder trust and brand reputation[166] - The company has implemented a code of conduct and anti-corruption policies communicated to all new employees and directors[181] - The company adheres to relevant employment laws and regulations, ensuring compliance in its operations[191] - The company has not reported any significant violations of local labor laws in FY2022[145] Customer Relations and Brand Management - The company has a formal customer complaint management policy, addressing feedback through various channels and offering cash vouchers ranging from SGD 10 to SGD 50 to resolve issues[175] - The company has registered its brand logos and names as trademarks, with no reported cases of intellectual property infringement in the fiscal year 2022[176] - The company emphasizes responsible sourcing and evaluates suppliers based on food safety, product quality, and delivery performance[168] Community Engagement - The company actively participates in charitable activities to support local communities and prevent food waste by donating unsold products[182] - The focus areas for community contributions include education, environmental issues, labor needs, health, culture, and sports[199]

Financial Performance - Revenue for Q3 2022 was SGD 2,941,439, a decrease of 12% compared to SGD 3,342,102 in Q3 2021[9] - Total income for the nine months ended March 31, 2022, was SGD 9,164,792, down 14% from SGD 10,617,281 in the same period of 2021[9] - The company reported a net loss of SGD 612,042 for Q3 2022, compared to a loss of SGD 25,451 in Q3 2021[9] - The company experienced a net loss before tax of SGD 596,383 in Q3 2022, compared to a profit of SGD 161,244 in Q3 2021[9] - Total comprehensive loss for Q3 2022 was SGD 619,954, compared to a comprehensive income of SGD 467,189 in Q3 2021[11] - The company reported a loss attributable to equity holders of SGD (411,078) for the nine months ended March 31, 2022, compared to a profit of SGD 467,189 for the same period in 2021[27] - The total comprehensive loss for the period was SGD (407,646), compared to a total comprehensive income of SGD 467,189 for the same period in 2021[15] - Total revenue decreased by approximately SGD 1.5 million or 13.7% from approximately SGD 10.6 million for the nine months ended March 31, 2021, to approximately SGD 9.2 million for the current period[34] Expenses and Costs - Employee benefit expenses decreased to SGD 1,104,465 in Q3 2022, down 18% from SGD 1,347,331 in Q3 2021[9] - The company incurred financial expenses of SGD 114,292 in Q3 2022, a significant reduction of 54% from SGD 251,494 in Q3 2021[9] - The cost of materials and consumables used increased to SGD 843,992 in Q3 2022, up 9% from SGD 772,164 in Q3 2021[9] - Operating lease costs decreased by approximately SGD 1.4 million or 37.8% from approximately SGD 3.6 million for the nine months ended March 31, 2021, to approximately SGD 2.2 million for the current period[45] - Other expenses increased by approximately SGD 0.5 million or 40.6% to about SGD 1.9 million for the nine months ended March 31, 2021, primarily due to increased legal and professional fees[50] Shareholder Information - The company did not declare or pay any dividends during the period, consistent with the previous year[28] - The board did not recommend the payment of dividends for the current period[53] - Major shareholders include AA Food Holdings Limited, which holds 153 million shares, representing 63.75% of the company[64] - Dunman Capital Global Limited holds 27 million shares, representing 11.25% of the company[64] Segment Performance - The bakery segment generated revenue of SGD 5,783,413 for the nine months ended March 31, 2022, compared to SGD 7,458,291 in the previous year, reflecting a decrease of about 22.5%[24] - Revenue from bakeries was SGD 1,628,304 for the three months ended March 31, 2022, accounting for 55% of total revenue[37] - Revenue from Japanese casual dining restaurants was SGD 459,507 for the three months ended March 31, 2022, representing 16% of total revenue[37] - The company operates through three segments: bakery products, casual dining restaurants, and beverage kiosks, with the bakery segment being the primary revenue driver[23] Corporate Governance - The company has complied with the corporate governance code since its listing date[69] - All directors confirmed compliance with the trading standards set out in the company's code of conduct for securities transactions from the listing date to March 31, 2022[70] - The audit committee was established on April 24, 2020, in accordance with GEM listing rules and corporate governance codes[72] - The audit committee consists of three independent non-executive directors, with Mr. Huang Hua serving as the chairman[72] - The unaudited third-quarter results for the nine months ending March 31, 2022, have not been reviewed by the independent auditor but have been reviewed by the audit committee members[72] Future Outlook - The management continues to assess the performance of each segment to make informed decisions regarding resource allocation and performance evaluation[23] - The group will continue to explore opportunities to expand its customer base and market share to enhance shareholder value[32] - The board will adopt a prudent approach to adjust business strategies in response to uncertainties caused by the COVID-19 pandemic[32] Compliance and Advisory - The company has appointed a new compliance advisor effective from February 16, 2021, with no interests held by the advisor or its associates in the company[55] - No purchase, sale, or redemption of the company's listed securities occurred during the current period[56] - The company has adopted a share option scheme since April 24, 2020, but no options have been granted under this scheme to date[71]

Company Overview - Global Dining Holdings Limited reported unaudited consolidated results for the nine months ending March 31, 2022[1]. - The company is listed under the stock code 8496 on the GEM of the Hong Kong Stock Exchange[1]. - The announcement complies with the GEM Listing Rules regarding the provision of financial information[2]. - The board of directors confirmed that the information provided is accurate and complete in all material aspects[2]. - The report includes a management discussion and analysis section, which is crucial for understanding the company's performance[5]. - The company aims to provide relevant information to investors regarding its operations and financial status[4]. - The report is accessible on the GEM website and the company's official website for transparency[3]. - The company is subject to higher investment risks due to its listing on the GEM, which caters to small and medium-sized enterprises[4]. Financial Performance - Revenue for the three months ended March 31, 2022, was SGD 2,941,439, a decrease of 12.0% compared to SGD 3,342,102 for the same period in 2021[11]. - Revenue for the nine months ended March 31, 2022, was SGD 9,164,792, down 13.6% from SGD 10,617,281 for the same period in 2021[11]. - The company reported a net loss of SGD 612,042 for the three months ended March 31, 2022, compared to a loss of SGD 25,451 in the same period of 2021[13]. - The net loss for the nine months ended March 31, 2022, was SGD 411,078, a significant decline from a profit of SGD 467,189 in the same period of 2021[13]. - Employee benefits expenses decreased to SGD 1,104,465 for the three months ended March 31, 2022, from SGD 1,347,331 in the same period of 2021, reflecting a reduction of 18.1%[11]. - The company incurred financial expenses of SGD 114,292 for the three months ended March 31, 2022, down 54.5% from SGD 251,494 in the same period of 2021[11]. - The basic and diluted loss per share for the three months ended March 31, 2022, was SGD (0.26), compared to SGD (0.01) for the same period in 2021[13]. - The total comprehensive loss for the three months ended March 31, 2022, was SGD 619,954, compared to a loss of SGD 25,451 in the same period of 2021[13]. - The company reported other income of SGD 187,302 for the three months ended March 31, 2022, a decrease of 79.5% from SGD 912,502 in the same period of 2021[11]. - The company’s total equity as of March 31, 2022, was SGD 1,918,493, reflecting a decrease from SGD 7,675,853 as of March 31, 2021[16]. - Total revenue for the period ending March 31, 2022, was SGD 2,941,439, a decrease of approximately SGD 1,500,000 or 13.7% compared to SGD 10,617,281 for the nine months ending March 31, 2021[36]. - The bakery segment generated revenue of SGD 1,628,304, accounting for 55% of total revenue for the three months ending March 31, 2022, down from 73% in the same period of 2021[39]. - The company reported a net loss attributable to equity holders of approximately SGD 0.4 million for the period, compared to a profit of SGD 0.5 million for the nine months ending March 31, 2021[33]. - Other income decreased by approximately SGD 200,000 or 16.1% to about SGD 1.3 million for the period, primarily due to reduced government subsidies compared to the previous year[40]. - The casual dining segment, particularly the Chinese casual dining, generated revenue of SGD 701,631, representing 24% of total revenue for the three months ending March 31, 2022[39]. Operational Insights - The company has 13 bakery outlets and four Japanese and four Chinese casual dining restaurants in Singapore as of March 31, 2022[35]. - The company plans to enhance operational efficiency and explore opportunities to expand its customer base and market share[34]. - The company confirmed the use of raw materials and consumables at approximately SGD 2.5 million, consistent with the previous period[43]. - The company will continue to adopt a cautious approach in adjusting its business strategies due to uncertainties arising from the COVID-19 pandemic[34]. - Employee benefits costs for the period amounted to approximately SGD 3.4 million, remaining stable compared to the previous period[46]. - Operating lease costs decreased by approximately SGD 1.4 million or 37.8% to about SGD 2.2 million for the period, down from approximately SGD 3.6 million for the nine months ended March 31, 2021[47]. - The group recorded a net loss attributable to equity holders of approximately SGD 0.4 million for the period, compared to a net profit of approximately SGD 0.5 million for the nine months ended March 31, 2021[53]. - Other expenses increased by approximately SGD 0.5 million or 40.6% to about SGD 1.9 million for the period, primarily due to an increase in legal and professional fees[52]. - Total operating lease costs for the nine months ended March 31, 2022, were approximately SGD 2.2 million, down from SGD 3.6 million for the same period in the previous year[47]. - The group applied a total of SGD 543,825 in rent concessions related to COVID-19, which were recognized as negative variable lease payments[50]. - Depreciation of right-of-use assets for the period was approximately SGD 2.3 million, down from SGD 3.2 million for the nine months ended March 31, 2021[47]. - The group assessed non-current assets due to the negative impact of COVID-19, leading to an impairment charge of approximately SGD 2.0 million for the year ended June 30, 2021[47]. Governance and Compliance - The board did not recommend the payment of dividends for the period[55]. - The company has not purchased, sold, or redeemed any of its listed securities during the period[58]. - AA Food holds a beneficial interest of 153,000,000 shares, representing 63.75% of the company's equity[66]. - Dunman Capital Global Limited has a beneficial interest of 27,000,000 shares, accounting for 11.25% of the company's equity[66]. - The company has maintained compliance with the corporate governance code since its listing date[71]. - The audit committee, consisting of three independent non-executive directors, has reviewed the unaudited third-quarter results for the nine months ending March 31, 2022[74]. - No share options have been granted under the share option scheme since its adoption on April 24, 2020[73]. - The company emphasizes the importance of corporate transparency and accountability to maintain stakeholder trust[71]. - The board of directors has confirmed full compliance with the securities trading code since the listing date[72]. - The company has not identified any other individuals with a 5% or greater interest in its shares as of March 31, 2022[68]. - The audit committee is responsible for reviewing financial statements and overseeing risk management systems[74]. - The company is committed to creating long-term value for its shareholders through effective governance practices[71].

Financial Performance - Total revenue for the six months ended December 31, 2021, was SGD 6,223,353, a decrease of 14.4% compared to SGD 7,275,179 for the same period in 2020[9] - The company reported a net profit of SGD 200,964 for the six months ended December 31, 2021, down 59.3% from SGD 492,640 in the same period of 2020[9] - The company reported a total comprehensive income of SGD 212,308 for the six months ended December 31, 2021, compared to SGD 492,640 for the same period in 2020, a decrease of 56.9%[9] - The basic and diluted earnings per share for the six months ended December 31, 2021, was SGD 0.09, down from SGD 0.21 in the same period of 2020[9] - The company reported a net loss of SGD 205,394 for the six months ended December 31, 2021, compared to a loss of SGD 4,883,965 for the same period in the previous year[15] Revenue Breakdown - For the six months ended December 31, 2021, total revenue from external customers was SGD 6,223,353, with contributions of SGD 4,155,109 from bakery sales, SGD 2,055,629 from restaurant operations, and SGD 12,615 from beverage kiosks[30] - The bakery segment contributed SGD 4,155,109, accounting for 66.8% of total revenue for the six months ended December 31, 2021, compared to 69.2% in the previous year[86] - For the three months ended December 31, 2021, total revenue was SGD 2,730,808, with SGD 1,623,261 from bakery sales and SGD 1,107,547 from restaurant operations[32] Cost and Expenses - Employee benefit expenses increased to SGD 2,323,714 for the six months ended December 31, 2021, compared to SGD 2,372,552 for the same period in 2020, reflecting a decrease of 2.1%[9] - The cost of materials and consumables used was SGD 1,646,966 for the six months ended December 31, 2021, compared to SGD 1,610,894 for the same period in 2020, reflecting an increase of 2.2%[9] - The total cost of materials and consumables for the six months ended December 31, 2021, was SGD 921,406, compared to SGD 1,000,000 for the same period in 2020, reflecting a decrease of approximately 7.9%[36] - The total cost of materials and consumables for the three-month period was SGD 750,492, with SGD 453,093 for bakery products and SGD 297,399 for restaurant operations[32] Assets and Liabilities - Total assets as of December 31, 2021, were SGD 15,021,445, a decrease of 12.7% from SGD 17,195,016 as of June 30, 2021[12] - Total liabilities decreased to SGD 12,482,998 from SGD 14,868,877, a reduction of 16.0%[12] - Cash and cash equivalents decreased to SGD 3,623,575 from SGD 4,554,600, representing a decline of 20.4%[18] - The total borrowings as of December 31, 2021, were SGD 739,130, down from SGD 920,477 as of June 30, 2021, indicating a reduction in debt[68] Operational Highlights - The company operated 24 bakeries, five Japanese casual dining restaurants, and five Chinese casual dining restaurants in Singapore as of December 31, 2021[82] - Employee count increased to 170 as of December 31, 2021, up from 169 on June 30, 2021[120] - The company plans to focus on expanding its market presence and enhancing its product offerings in the upcoming periods[9] Cash Flow and Investments - Operating cash flow for the six months ended December 31, 2021, was SGD 1,666,789, down 30.2% from SGD 2,388,638 in the same period of 2020[18] - The cash flow from investing activities was negative at SGD (450,992), compared to SGD (1,366,404) in the previous year, indicating improved cash management[18] Shareholder Information - The company did not declare or pay any dividends during the period, consistent with the previous year[79] - As of December 31, 2021, major shareholders AA Food, Aris Goh, and Anita Chia each held 153,000,000 shares, representing 63.75% ownership[141] - Dunman Capital Global Limited, owned by Mr. Yang, held 27,000,000 shares, accounting for 11.25% of the company's shares[141] Future Outlook - The company plans to actively explore opportunities to expand its customer base and market share to enhance shareholder value[83] - The company plans to continue optimizing its capital structure to maximize shareholder returns[123]

Company Overview - Global Dining Holdings Limited reported its unaudited consolidated results for the six months ended December 31, 2021[1]. - The company is listed on the GEM of the Hong Kong Stock Exchange under stock code 8496[9]. - The announcement aims to provide information in compliance with the GEM Listing Rules[2]. - The board of directors confirmed that the information provided is accurate and complete in all material aspects[2]. - The report includes unaudited consolidated financial statements, management discussion and analysis, and other relevant disclosures[5]. - The company operates in a high-risk investment environment typical of GEM-listed companies[4]. - The report is accessible on the GEM website and the company's website for further details[3]. Financial Performance - Revenue for the three months ended December 31, 2021, was SGD 2,730,808, a decrease of 34.4% compared to SGD 4,176,017 for the same period in 2020[11]. - Revenue for the six months ended December 31, 2021, was SGD 6,223,353, down 14.4% from SGD 7,275,179 for the same period in 2020[11]. - Other income for the three months ended December 31, 2021, increased to SGD 1,042,180, compared to SGD 273,254 in the same period of 2020[11]. - The net profit for the three months ended December 31, 2021, was SGD 64,994, a decrease of 73.8% from SGD 248,125 in the same period of 2020[11]. - The total comprehensive income for the six months ended December 31, 2021, was SGD 212,308, which includes a profit of SGD 205,394 and foreign exchange gains of SGD 11,344[20]. - The total operating loss for the six months ended December 31, 2021, was SGD 278,594, compared to a profit of SGD 868,660 for the same period in 2020[36]. - The company reported a pre-tax profit of SGD 200,297 for the six months ended December 31, 2021, compared to SGD 555,858 for the same period in 2020, indicating a decline of approximately 64.0%[36]. - The company reported a net loss of SGD 4,883,965 for the year ended June 30, 2021, and a further loss of SGD 6,997,069 as of June 30, 2021[17]. Assets and Liabilities - Total assets as of December 31, 2021, were SGD 15,021,445, down from SGD 17,195,016 as of June 30, 2021[14]. - Non-current assets decreased to SGD 10,206,965 from SGD 11,803,119 as of June 30, 2021[14]. - Current assets decreased to SGD 4,814,480 from SGD 5,391,897 as of June 30, 2021[14]. - Total equity increased to SGD 2,538,447 from SGD 2,326,139 as of June 30, 2021[14]. - Total liabilities decreased to SGD 12,482,998 from SGD 14,868,877 as of June 30, 2021[14]. - Cash and cash equivalents decreased to SGD 3,623,575 as of December 31, 2021, down from SGD 5,960,464 at the end of 2020[20]. - Trade receivables as of December 31, 2021, were SGD 2,409,408, up from SGD 2,094,106 as of June 30, 2021, an increase of 15.0%[58]. - Bank borrowings as of December 31, 2021, amounted to SGD 739.13 million, a decrease from SGD 920.48 million as of June 30, 2021, reflecting a reduction of approximately 19.7%[70]. - Trade payables increased to SGD 1,215.57 million as of December 31, 2021, from SGD 841.49 million as of June 30, 2021, representing a rise of approximately 44.5%[75]. Revenue Segmentation - The bakery segment contributed SGD 4.16 million, accounting for 66.8% of total revenue, while the Japanese casual dining segment generated SGD 806,914, representing 13.0% of total revenue[88]. - The revenue from bakery products for the six months ended December 31, 2021, was SGD 4,155,109, down from SGD 5,033,063 in the previous year, indicating a decrease of about 17.4%[34]. - The restaurant operations segment reported a revenue of SGD 2,055,629 for the six months ended December 31, 2021, compared to SGD 2,149,772 in the same period of 2020, reflecting a decline of approximately 4.4%[32]. Operational Insights - The company operates through three segments: sales of baked goods, restaurant operations, and beverage kiosks[30]. - The group operated 24 bakeries and 11 casual dining restaurants as of December 31, 2021, compared to 21 bakeries and 10 casual dining restaurants in 2020, indicating an increase in the number of outlets[86]. - The company has suspended its central kitchen food business operations as of October 28, 2021, impacting revenue generation[86]. - The company opened three "Proofer" bakeries and two "Yuba Hut" restaurants as part of its expansion strategy[132]. Future Outlook and Strategy - The group plans to actively explore opportunities to expand its customer base and market share, aiming to enhance shareholder value[85]. - The group is focused on improving operational efficiency and business profitability, with a commitment to resource allocation for process improvements[85]. - The group aims to accelerate the implementation of its expansion plans and new concepts announced on June 23, 2021, indicating a proactive approach to market growth[85]. Human Resources and Management - The company emphasizes competitive compensation to attract qualified candidates, with regular reviews of its human resources policies[125]. - The company has successfully hired an operations manager, three pastry chefs, and three chefs to support its operations and new bakery openings[132]. Shareholder Information - As of December 31, 2021, major shareholders AA Food, Aris Goh, and Anita Chia each hold 153,000,000 shares, representing 63.75% ownership in the company[143]. - Dunman Capital Global Limited, owned entirely by Mr. Yang, holds 27,000,000 shares, accounting for 11.25% of the company's equity[144]. Corporate Governance - The audit committee, established on April 24, 2020, consists of three independent non-executive directors and is responsible for reviewing financial statements and internal controls[152]. - The company changed its English name from "Singapore Food Holdings Limited" to "Global Dining Holdings Limited" on January 17, 2022[153].

（於開曼群島註冊成立的有限公司） 股份代號 : 8496 第一季度 報告 2021 香港聯合交易所有限公司（「聯交所」）GEM的特色 GEM的定位，乃為中小型公司提供一個上市的市場，此等公司相比起其他在聯交所上市的公司帶有較高投資風險。 有意投資的人士應了解投資於該等公司的潛在風險，並應經過審慎周詳的考慮後方作出投資決定。 由於GEM上市公司普遍為中小型公司，在GEM買賣的證券可能會較於聯交所主板買賣之證券承受較大的市場波 動風險，同時無法保證在GEM買賣的證券會有高流通量的市場。 香港交易及結算所有限公司及聯交所對本報告的內容概不負責，對其準確性或完整性亦不發表任何聲明，並明確 表示概不就因本報告全部或任何部分內容而產生或因依賴該等內容而引致的任何損失承擔任何責任。 本報告的資料乃遵照《聯交所的GEM證券上市規則》（「GEM上市規則」）而刊載，旨在提供有關新加坡美食控股有 限公司（「本公司」，連同其附屬公司「本集團」）的資料；本公司的董事（「董事」）願就本報告的資料共同及個別地承 擔全部責任。各董事在作出一切合理查詢後，確認就其所知及所信，本報告所載資料在各重要方面均屬準確完備， 沒有誤導或欺詐成分，且並無 ...