香港交易及結算所有限公司及香港聯合交易所有限公司（「聯交所」）對本公告之內容概不負責， 對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部份內容而 產生或因倚賴該等內容而引致之任何損失承擔任何責任。 Jia Group Holdings Limited 佳民集團有限公司 （於開曼群島註冊成立之有限公司） （股份代號：8519） 2022年年報之補充公告 茲提述佳民集團有限公司（「本公司」，連同其附屬公司統稱為「本集團」）截至2022 年12月31日止年度之年報（「2022年年報」）。除另有指明者外，本公告所用詞彙與 2022年年報所界定者具有相同涵義。 本公告旨在提供2022年年報之補充資料，內容有關本公司於2018年1月23日採納 之購股權計劃（「購股權計劃」）。 於2022年1月1日及2022年12月31日，根據購股權計劃可供授出之購股權總數分 別為82,250,000份及74,650,000份。 就於截至2022年12月31日止年度根據本公司所有計劃授出之購股權及獎勵可能 發行的股份總數除以截至2022年12月31日止年度已發行股份之加權平均數約為 0.66%。 ...

Financial Performance - The Group recorded an unaudited revenue of approximately HK$73.5 million for the three months ended 31 March 2023, representing an increase of approximately 94.1% compared to HK$37.8 million for the same period in 2022[15]. - The Group's unaudited profit for the period was approximately HK$4.7 million, a significant increase of approximately HK$16.4 million compared to a loss of approximately HK$11.8 million for the corresponding period in 2022[15]. - Earnings per share for the period was HK$0.43, compared to a loss per share of HK$0.87 for the same period in 2022, reflecting a turnaround in performance[15]. - The total comprehensive income attributable to owners of the Company was approximately HK$5.0 million, compared to a loss of HK$10.1 million for the same period in 2022[15]. - The company reported a profit of HK$4,988,000 for the period, recovering from a loss of HK$10,091,000 in the same quarter of 2022[17]. - Profit attributable to owners of the Company was approximately HK$5.0 million, an increase of approximately HK$15.1 million compared to a loss of approximately HK$10.1 million in the previous year[79]. Revenue Breakdown - Revenue from fine dining reached HK$44,637,000, up from HK$26,320,000, indicating a growth of 70% year-over-year[32]. - Casual dining revenue increased to HK$23,307,000 from HK$6,445,000, reflecting a growth of 262% compared to the previous year[32]. - Revenue from fine dining catering services increased by approximately 69.6%, mainly due to "Duddell Central" increasing by approximately HK$10.0 million and the opening of "Agora" in April 2022[59][60]. - Revenue from mid-market dining and casual dining services increased by approximately 80.7% and 261.6% respectively, attributed to the relaxation of social distancing measures and immigration controls[59][60]. - The reopening of Duddell's airport branch contributed approximately HK$14.6 million in revenue during the period[69]. Operational Costs - Raw materials and consumables used increased to HK$19.3 million from HK$10.9 million, indicating higher operational costs[16]. - Staff costs rose to HK$25.2 million from HK$19.5 million, reflecting increased workforce expenses[16]. - Property rentals and related expenses increased to HK$5.8 million from HK$2.0 million, primarily due to turnover rent at Duddell's Hong Kong Airport[78]. - Raw materials and consumables used amounted to approximately HK$19.3 million, representing 26.3% of total revenue, a decrease from 28.7% in the previous year[74]. - Total staff costs for the three months ended March 31, 2023, amounted to HK$25.2 million, compared to HK$19.5 million in the same period of 2022, reflecting an increase of approximately 28.9%[45]. Dividend and Share Capital - The Board does not recommend the payment of a dividend for the three months ended 31 March 2023, consistent with the previous year[15]. - As of March 31, 2023, the issued share capital of the company is 1,159,780,000 shares[94]. - The Company has 11,350,000 options outstanding under the share option scheme, representing approximately 0.98% of the Company's issued shares[106]. - No share options had been exercised, cancelled, or lapsed as of March 31, 2023[103]. Corporate Governance and Compliance - The Company is committed to maintaining high corporate governance standards and has complied with the CG Code, except for a deviation regarding the roles of chairman and CEO[125]. - The Company has established an Audit Committee to review financial reports and internal controls, comprising three independent non-executive Directors[128]. - The Company confirms that all Directors complied with the required standards of dealings regarding securities transactions during the review period[137]. - No competing business interests were reported by Directors or controlling shareholders during the three months ended March 31, 2023[133]. Market and Business Development - The company has not reported any new product launches or technological advancements during this period[19]. - There were no significant market expansions or acquisitions mentioned in the financial statements for the first quarter of 2023[19]. - The company continues to operate its restaurant business primarily in Hong Kong, with no indication of diversifying into new markets at this time[20]. - The Group's revenue for the three months ended March 31, 2023, is solely derived from restaurant operations in Hong Kong, with no further segment analysis presented[33][35]. - The company has not disclosed any new strategies or market expansions in the report[87]. Management and Staffing - The management team has demonstrated excellent capabilities, as evidenced by multiple awards received by the Group's restaurants[63]. - March 2023 was a busy month for the Group, with numerous events coinciding with Art Basel, contributing to increased business activity[64]. - The remuneration for Ms. Wong Pui Yain and Ms. Wan Suet Yee Cherry has changed to HK$75,000 per month effective from April 1, 2023[138]. - The monthly salary for Ms. Wong Pui Yain and Ms. Wan Suet Yee Cherry has been changed to HKD 75,000, effective from April 1, 2023[140]. Financial Position and Liabilities - As of March 31, 2023, total equity stood at HK$1,804,000, compared to HK$7,983,000 as of March 31, 2022, showing a decrease of 77%[17]. - The accumulated losses increased to HK$115,686,000 as of March 31, 2023, from HK$105,069,000 a year earlier, indicating a rise in losses of approximately 10%[17]. - The group has technically breached loan covenants due to not meeting certain financial standards, but lenders have not demanded immediate repayment as of the report date[87]. - The company has sufficient working capital from existing bank balances, cash, internally generated funds, and available bank financing[87]. - The board believes there is adequate operational funding available from current resources[87].

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告之內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部份內容而產生或因倚 賴該等內容而引致之任何損失承擔任何責任。 Jia Group Holdings Limited 佳民集團有限公司 （於開曼群島註冊成立之有限公司） （股份代號：8519） 截至二零二三年三月三十一日止三個月 之第一季度業績公告 佳民集團有限公司（「本公司」）之董事（「董事」）會（「董事會」）欣然公告本公司及 其附屬公司截至二零二三年三月三十一日止三個月之未經審核業績（「第一季度 業績」）。本公告載有本公司二零二三年第一季度業績全文，符合香港聯合交易 所有限公司（「聯交所」）GEM證券上市規則（「GEM上市規則」）有關隨附第一季 度業績初步公告的資料的相關規定。本公司二零二三年第一季度報告印刷本將 根據GEM上市規則規定的方式於適當時候寄發予本公司股東，並於聯交所網站 https://www.hkex.com.hk 及本公司網站www.jiagroup.co 閱覽。 承董事會命 佳民集團有限公司 主席兼執行董事 黃佩茵 ...

Financial Performance - Jia Group Holdings Limited reported its annual results for the year ended December 31, 2022[28]. - The Group's revenue for the year ended December 31, 2022, was approximately HK$217.0 million, a decrease of approximately 2.0% compared to HK$221.3 million in 2021[35]. - The Group recorded a loss attributable to owners of the Company of approximately HK$19.7 million for the year, compared to a loss of HK$19.5 million in 2021[35]. - Revenue from mid-market dining, specialty coffee, and casual dining decreased by approximately 24.7%, 52.0%, and 9.1% respectively, primarily due to the closure of "Bibi & Baba" and the disposal of shares in Between HK[48]. - For the year ended December 31, 2022, the Group recorded a revenue of approximately HK$217.0 million, a decrease of approximately HK$4.3 million or 2.0% compared to HK$221.3 million in 2021[56]. - Revenue from specialty coffee and casual dining catering services decreased by approximately HK$8.1 million and HK$3.6 million, respectively, due to the closure of the restaurant "Bibi & Baba" in September 2022 and the disposal of shares in Between HK in August 2022[56]. - Revenue from fine dining catering services increased by approximately HK$14.3 million or 10.4%, primarily due to the opening of "Agora" in April 2022 and the re-opening of "Duddell's Hong Kong Airport" in November 2022[56]. Assets and Liabilities - The Group's total assets decreased from approximately HK$136.0 million in 2021 to approximately HK$98.6 million in 2022[44]. - Non-current liabilities decreased from approximately HK$39.0 million in 2021 to approximately HK$22.1 million in 2022, improving the Group's asset-liability structure[44]. - The Group's current liabilities increased from approximately HK$77.3 million in 2021 to approximately HK$79.4 million in 2022[44]. - The Group's net current liabilities increased from approximately HK$38.4 million in 2021 to approximately HK$50.7 million in 2022[44]. - The current ratio was approximately 0.4 as of December 31, 2022, down from 0.5 in 2021[71]. - Total equity attributable to owners of the Company amounted to approximately HK$2.7 million as of December 31, 2022, a decrease from HK$22.0 million in 2021[73]. - The Group reported net current liabilities of HK$50.7 million for the year ended December 31, 2022, indicating material uncertainty regarding its ability to continue as a going concern[163]. Operational Changes - The Group closed the restaurant "Bibi & Baba" in September 2022 due to poor performance, which is expected to improve overall cash flow and liquidity[36]. - The management is optimistic about the recovery of Hong Kong's food and beverage industry in the short term following the relaxation of COVID-19 restrictions[37]. - Staff costs increased by approximately HK$4.8 million from approximately HK$87.1 million in 2021 to approximately HK$91.9 million in 2022, mainly due to the opening of new restaurants[62]. - Property rentals and related expenses rose by approximately HK$1.7 million from approximately HK$8.8 million in 2021 to approximately HK$10.5 million in 2022, attributed to new restaurant openings[63]. Corporate Governance - The Company has complied with the Corporate Governance Code, except for the separation of the roles of chairperson and chief executive officer[155]. - The Board is responsible for formulating the Group's overall strategies and supervising management performance[165]. - The management team is tasked with daily operations and must report significant matters to the Board for prior approval[168]. - The Board consists of five Directors, including two executive Directors and three independent non-executive Directors, ensuring a balance of skills and experience[170]. - The independent non-executive Directors actively participate in various committees, including the Audit Committee and Remuneration Committee, contributing to the company's governance[182]. - The Nomination Committee concluded that the existing Board is satisfactory and effective in terms of size, structure, composition, commitment, independence, and diversity[200]. Strategic Initiatives - The company aims to enhance spaces for people to connect, focusing on storytelling and authentic food experiences[29]. - The Group has established a creative and freedom-based working environment to foster meaningful brand development[160]. - The Company aims to expand its market presence and enhance its product offerings through strategic initiatives and potential acquisitions[121]. - The management team is committed to continuous improvement in business operations and exploring new market opportunities[130]. - The Group emphasizes ongoing market research for innovative ideas to enhance its offerings[162]. Leadership and Experience - Ms. Wong, the CEO and founder, has over 22 years of experience in the industry and has received multiple awards for her contributions, including "Asia's Best Young Entrepreneurs" in 2008[124]. - Ms. Wan, the senior operations director, has approximately 20 years of experience in the food and beverage industry, previously managing operations for multiple restaurants[131]. - The company has a strong board of directors with members holding significant experience in finance and operations, including Mr. Chanmugam and Mr. Leung, who have extensive backgrounds in investment banking and financial management[135][139]. - The Board's diverse expertise positions the company well for navigating market challenges and capitalizing on growth opportunities[139]. Financial Strategies - The proceeds from the Placing I completed on September 24, 2020, amounted to approximately HK$13.8 million, with net proceeds of HK$13.2 million intended for various business developments[106]. - The actual use of proceeds from Placing I included HK$1.9 million for cloud kitchen development and HK$5.0 million for loan repayment, totaling HK$10.6 million utilized by December 31, 2022[112]. - The Placing II completed on June 18, 2021, generated gross proceeds of approximately HK$18.1 million and net proceeds of HK$17.5 million for expanding the specialty coffee business and casual dining[116]. - By December 31, 2022, HK$15.0 million of the net proceeds from Placing II had been utilized, with HK$2.5 million remaining[120]. - The company plans to fully utilize the proceeds from Placing I and Placing II by December 31, 2023[120].

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告之內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部份內容而產生或因倚 賴該等內容而引致之任何損失承擔任何責任。 Jia Group Holdings Limited 佳民集團有限公司 （於開曼群島註冊成立之有限公司） （股份代號：8519） 截至2022年12月31日止年度之年度業績公告 香港聯合交易所有限公司（「聯交所」）GEM的特色 GEM的定位乃為相比起其他在聯交所上市的公司帶有較高投資風險的中小型公司 提供一個上市的市場。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上市公司一般為中小型公司，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。 本公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 提供有關佳民集團有限公司（「本公司」）的資料；本公司的董事（「董事」）願就本 公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 ...

Financial Performance - The Group recorded an unaudited revenue of approximately HK$154.4 million for the nine months ended 30 September 2022, representing an increase of approximately 1.0% compared to the corresponding period in 2021[16]. - The unaudited loss attributable to owners of the Company was approximately HK$8.1 million for the nine months ended 30 September 2022, a decrease in loss of approximately HK$1.5 million compared to a loss of approximately HK$9.6 million for the same period in 2021[17]. - Loss per share for the period was HK$0.70, an improvement from HK$0.88 in the previous year[16]. - The total comprehensive expense for the nine months ended September 30, 2022, was HK$9,377,000, improving from a total comprehensive expense of HK$11,262,000 in the same period of 2021[21]. - The total revenue for the nine months ended September 30, 2022, was HK$154,361,000, compared to HK$152,796,000 in the same period of 2021, indicating a slight increase of 1.0%[21]. - The company reported a loss attributable to owners of the company of HK$8,065,000 for the nine months ended September 30, 2022, compared to a loss of HK$9,579,000 in the same period of 2021[21]. - The profit before taxation for the three months ended September 30, 2022, was HK$3,574,000, compared to a loss of HK$4,728,000 in the same period of 2021[21]. - For the three months ended September 30, 2022, the profit attributable to owners of the Company was HK$3,644,000, compared to a loss of HK$3,008,000 in the same period of 2021[78]. Revenue Breakdown - For the three months ended September 30, 2022, the Group's revenue from fine dining was HK$41,502,000, representing an increase of 28% compared to HK$32,470,000 in the same period of 2021[50][42]. - The Group's revenue from mid-market dining decreased by 30% to HK$14,869,000 for the nine months ended September 30, 2022, down from HK$20,857,000 in the previous year[51][42]. - Casual dining revenue also saw a decline, dropping to HK$24,102,000 for the nine months ended September 30, 2022, compared to HK$29,446,000 in 2021, a decrease of 18%[53][42]. - Revenue from fine dining increased by approximately HK$17.5 million due to the openings of "Estro" and "Agora" in September 2021 and April 2022, respectively[92]. - Revenue from mid-market dining, specialty coffee, and casual dining decreased by HK$6.0 million, HK$4.6 million, and HK$5.3 million, respectively, due to the fifth wave of the COVID-19 pandemic in Hong Kong[92]. Expenses and Costs - The total operating expenses for the three months ended September 30, 2022, were HK$56,000,000, compared to HK$52,000,000 in the same period of 2021, reflecting an increase of 7.7%[21]. - Total staff costs, including directors' remuneration, increased to HK$24,368,000 for the three months ended September 30, 2022, up from HK$22,109,000 in 2021, representing an increase of approximately 10.2%[68]. - Property rentals and related expenses increased approximately HK$1.3 million from approximately HK$5.8 million for the nine months ended 30 September 2021 to approximately HK$7.2 million for the nine months ended 30 September 2022[103]. - Raw materials and consumables used amounted to approximately HK$43.8 million for the nine months ended September 30, 2022, representing approximately 28.4% of the Group's total revenue[98]. Dividends and Shareholder Returns - The Board does not recommend the payment of dividends for the nine months ended 30 September 2022, consistent with the previous year[17]. - The Company did not recommend the payment of any dividend for the nine months ended September 30, 2022, consistent with the same period in 2021[75]. Strategic Initiatives - The company plans to continue expanding its market presence and is focused on new product development to drive future growth[21]. - The company is exploring potential mergers and acquisitions to enhance its operational capabilities and market reach[21]. - The management will continuously explore and maintain the brand value and market position of the Group in the new market environment[87]. - The Group aims to design and offer a wider variety of cuisines to enhance customer satisfaction and provide a high-quality dining experience[87]. - The Board will proactively seek potential business opportunities to broaden the sources of income and enhance shareholder value[91]. - The Group anticipates further recovery in the food and beverage industry in Hong Kong in the short term due to potential quarantine-free travel arrangements[86]. Share Capital and Ownership - As of September 30, 2022, the issued share capital of the company is 1,159,780,000 shares[126]. - Ms. Wong Pui Yain holds a total interest of 520,416,000 shares, which includes 409,670,000 shares through her controlling corporation, representing approximately 35.32% of the company's issued share capital[130]. - The company’s shareholding structure indicates significant ownership concentration with Ms. Wong Pui Yain as a major shareholder[130]. - Mr. Lo Yeung Kit, Alan has a total interest in 522,346,000 shares, which includes 30,510,000 shares as a beneficial owner and 491,286,000 shares held by his spouse[139]. - Mr. Ko Kin Hang owns 64,990,000 shares, accounting for 5.60% of the total shareholding[135]. Share Option Scheme - The Share Option Scheme was conditionally adopted on January 23, 2018, to attract and retain top personnel[142]. - The purpose of the Share Option Scheme is to provide additional incentives to employees and promote the success of the business[171]. - The company aims to improve organizational efficacy and performance through the grant of share options[190]. - The company granted a total of 7,600,000 share options to certain directors, employees, and consultants under the Share Option Scheme, with an exercise price of HK$0.10 per share[198]. - The exercise period for the granted share options is from January 19, 2022, to January 18, 2032[198]. Compliance and Governance - The Audit Committee has reviewed the unaudited condensed consolidated results of the Group for the nine months ended September 30, 2022[106]. - Directors are not aware of any competing business interests during the nine months ended September 30, 2022[109]. - All Directors complied with the required standard of dealings regarding securities transactions during the period under review[110].

Financial Performance - The company reported a revenue increase of 15% year-over-year, reaching $150 million for the quarter[10]. - The Group recorded an unaudited revenue of approximately HK$95.0 million for the six months ended June 30, 2022, representing a decrease of approximately 3.9% compared to HK$98.9 million for the same period in 2021[52][56]. - Revenue for the three months ended June 30, 2022, was HK$57.2 million, compared to HK$55.3 million for the same period in 2021[59]. - Total revenue for the six months ended June 30, 2022, was HK$95,033,000, a decrease of 3.8% from HK$98,873,000 in the same period of 2021[93]. - Catering services revenue for the six months ended June 30, 2022, was HK$66,631,000, compared to HK$58,179,000 in the same period of 2021, reflecting a growth of 14.3%[93]. - The Group reported a profit before taxation of HK$4,501,000 for the three months ended June 30, 2022, compared to a loss of HK$1,901,000 in the same period of 2021[108]. - Loss attributable to owners of the Company was approximately HK$11.7 million for the six months ended 30 June 2022, representing an increase of approximately HK$5.1 million compared to a loss of approximately HK$6.6 million for the same period in 2021[179]. User and Market Expansion - User base expanded by 20%, with total active users now at 2 million[10]. - Market expansion efforts include entering two new countries, expected to generate $10 million in additional revenue[10]. - The company is exploring potential acquisitions to enhance market share, with a budget of $30 million allocated for this purpose[10]. - The Company is focusing on market expansion and new product development as part of its strategic initiatives moving forward[80]. Future Outlook - The company expects a revenue growth of 10-12% for the next quarter, projecting $165 million to $168 million[10]. - Future outlook remains cautious due to market volatility and economic uncertainties impacting overall performance[80]. Research and Development - Investment in R&D increased by 25%, totaling $5 million, focusing on innovative technologies[10]. Customer Metrics - Customer retention rate improved to 85%, up from 80% in the previous quarter[10]. - The company plans to enhance its digital marketing strategy, aiming for a 30% increase in online sales[10]. Financial Health and Liabilities - The Group recorded net current liabilities of approximately HK$53.5 million as at 30 June 2022, compared to HK$38.4 million as at 31 December 2021[182]. - The current ratio was approximately 0.3 as at 30 June 2022, down from 0.5 as at 31 December 2021[182]. - The gearing ratio was approximately 1,103.3% as at 30 June 2022, an increase from 403.9% as at 31 December 2021, mainly due to significant losses incurred during the period[182]. - The maximum limit of the banking facilities available to the Group amounted to HK$14.0 million and had been fully utilized as at 30 June 2022[182]. - The Group has technically breached certain bank loan covenants due to failure to meet specific financial criteria[198]. Operational Challenges - The recurring waves of the COVID-19 pandemic significantly impacted consumer sentiment, leading to challenges in the Group's operations during the first half of 2022[160]. - The Group's operating performance is affected by uncertainties related to the COVID-19 pandemic and social distancing measures in Hong Kong[161]. Shareholder Information - The Board does not recommend the payment of a dividend for the six months ended June 30, 2022, consistent with the previous year[198]. - The Company issued 134,280,000 new ordinary shares at a price of HK$ 0.135 per share on June 18, 2021, to strengthen its capital base[79].

Financial Performance - The Group recorded an unaudited revenue of approximately HK$37.8 million for the three months ended 31 March 2022, representing a decrease of approximately 13.2% compared to HK$43.6 million for the same period in 2021[31]. - The Group's unaudited loss was approximately HK$11.8 million for the three months ended 31 March 2022, an increase of approximately 62.7% compared to a loss of approximately HK$7.2 million for the same period in 2021[32]. - Loss per share for the period was HK$0.87, compared to HK$0.67 for the same period in 2021, reflecting a deterioration in financial performance[31]. - Total comprehensive expense for the period attributable to owners of the Company was HK$10.1 million, compared to HK$6.9 million for the same period in 2021[36]. - The Group's loss before taxation was HK$11.8 million, compared to HK$7.2 million for the same period in 2021[36]. - The loss for the period was HK$1,865,000, compared to a loss of HK$2,200,000 in the previous year, indicating an improvement of about 15.2%[42]. - The company's total comprehensive expense for the period was HK$10,091,000, a decrease from HK$11,771,000 in the prior year, reflecting a reduction of approximately 14.3%[42]. - Loss attributable to owners of the Company was approximately HK$10.1 million for the three months ended 31 March 2022, representing an increase in loss of approximately HK$3.2 million compared to a loss of approximately HK$6.9 million for the three months ended 31 March 2021[109]. Revenue and Expenses - Other income for the three months ended 31 March 2022 was HK$1.9 million, compared to HK$1.7 million for the same period in 2021, indicating a slight increase[36]. - Staff costs for the period were HK$19.5 million, slightly decreased from HK$19.8 million in the previous year[36]. - The Group's total operating expenses increased, with significant costs in raw materials and consumables used amounting to HK$10.9 million[36]. - Raw materials and consumables used amounted to approximately HK$10.9 million for the period ended March 31, 2022, accounting for approximately 28.7% of total revenue, compared to HK$12.4 million and 28.4% in the previous year[104]. - Property rentals and related expenses increased by approximately HK$0.1 million from approximately HK$1.9 million for the three months ended 31 March 2021 to HK$2.0 million for the three months ended 31 March 2022[109]. Corporate Governance - The company is committed to maintaining high corporate governance standards and has complied with the CG Code during the review period, except for a deviation regarding the roles of chairman and CEO[172]. - Ms. Wong Pui Yain serves as both the chairperson and CEO, which the Board believes is in the best interest of effective management and business development[172]. - The new Corporate Governance Code effective from January 1, 2022, will apply to the company's corporate governance report for the financial year starting on that date[177]. Strategic Initiatives - The financial results indicate a challenging market environment, necessitating strategic adjustments moving forward[32]. - The company is currently exploring new strategies for market expansion and product development to enhance its competitive position[50]. - The Group continues to focus on enhancing food quality and service to build a stronger brand during challenging times[99]. - The Group is actively seeking new potential locations for business expansion and plans to update menus and launch new brands[99]. - Investment in food technology is a highlight, with the Group subscribing to convertible promissory notes from Kin Shun Information Technology Holdings Limited to enhance customer experience through smart logistics and SaaS solutions[95]. - The Group expects that the expansion of Zeek's business will create potential synergies and reasonable financial returns in the growing food and delivery logistics market[95]. - The Group's management believes that business will continue to recover as the pandemic is brought under control and customers return to dining out[99]. - The Board will proactively seek potential business opportunities to broaden income sources and enhance shareholder value[99]. - The Group aims to facilitate effective implementation of business objectives to generate profits[99]. Share Capital and Ownership - As of March 31, 2022, the company had total assets of HK$11,600,000 and total liabilities of HK$100,807,000, resulting in a negative equity position[42]. - The total of 1,210,000 shares repurchased in November and December 2021 were cancelled on 10 January 2021, resulting in an issued share capital of 1,159,980,000 shares[117]. - As of March 31, 2022, the issued share capital of the company is 1,159,980,000 shares[131]. - Wong Pui Yain holds 409,670,000 shares, representing approximately 44.86% of the issued share capital[129]. - The company has granted share options to directors and associates under the share option scheme adopted on January 23, 2018[134]. - The total interests of Wong Pui Yain include 79,766,000 shares and 1,850,000 equity derivatives[129]. - The company has 11,350,000 options outstanding under the share option scheme, representing approximately 0.98% of the company's issued shares[146]. - Giant Mind holds 409,670,000 shares, representing approximately 35.32% of the issued share capital of the company[153]. - The spouse of a director has an interest of 29,130,000 shares[155]. Operational Challenges - The company has faced significant operational challenges due to COVID-19 restrictions, which have adversely affected its business operations[50]. - The Group has technically breached the loan covenant due to failure to fulfill certain financial criteria, but lenders have not demanded immediate loan repayment as of the approval date of the financial statements[112]. - The Group has sufficient working capital from existing bank balances, internally generated funds, and available banking facilities as of the report date[113]. - There has been no change in the capital structure of the Group during the three months ended 31 March 2022[113]. - The company operates solely in Hong Kong, with no geographical expansion reported during the period[64]. - The group has only one operating segment, which is the management of restaurants in Hong Kong, with no further segment analysis provided[63]. Miscellaneous - The unaudited financial statements have been prepared in accordance with Hong Kong Financial Reporting Standards (HKFRS) and have not been audited by the independent auditor[45]. - The financial information is presented in Hong Kong Dollars (HK$), which is the functional currency of the company[50]. - The company has consistently adopted HKFRS effective for its financial year beginning January 1, 2022[50]. - There have been no significant events requiring disclosure from March 31, 2022, to the date of this report[182]. - Ms. Wan Suet Yee Cherry's remuneration has been changed to HK$864,000 per annum effective from March 1, 2022[179].

佳民集團有限公司 INCORPORATED IN THE CAYMAN ISLANDS WITH LIMITED LIABILITY 。於開曼群島註冊成立有限公司 JIH ANNUAL REPORT 年度報告 2021 A GROUP HOLDINGS LIMIT STOCK CODE 股份代號 8519 CHARACTERISTICS OF GEM OF THE STOCK EXCHANGE OF HONG KONG LIMITED (THE "STOCK EXCHANGE") 香港聯合交易所有限公司（「聯交所」） GEM的特色 GEM的定位乃為相比起其他在聯交所上市的 公司帶有較高投資風險的中小型公司提供一 個上市的市場。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。 GEM has been positioned as a market designed to accommodate small and mid-sized companies to which a higher investment risk may be attached than othe ...

Financial Performance - The Group recorded an unaudited revenue of approximately HK$152.8 million for the nine months ended 30 September 2021, representing an increase of approximately 24.4% compared to the corresponding period in 2020[14]. - The unaudited loss attributable to owners of the Company was approximately HK$9.6 million for the nine months ended 30 September 2021, a decrease in loss of approximately HK$5.5 million compared to a loss of approximately HK$15.1 million for the same period in 2020[15]. - Loss per share for the nine months ended 30 September 2021 was HK$0.88, compared to HK$1.74 for the same period in 2020, indicating an improvement[14]. - Revenue for the third quarter ended 30 September 2021 was HK$53.9 million, compared to HK$39.1 million for the same quarter in 2020, reflecting a significant increase[20]. - The Group's total comprehensive loss for the period was HK$11.3 million for the nine months ended 30 September 2021, compared to HK$14.7 million for the same period in 2020[20]. - The Group's loss before taxation for the nine months ended 30 September 2021 was approximately HK$11.1 million, compared to a loss of HK$14.5 million for the same period in 2020[20]. - For the nine months ended September 30, 2021, the Group recorded revenue of approximately HK$152.8 million, an increase of approximately HK$30.0 million or 24.4% compared to HK$122.8 million for the same period in 2020[71]. - The Group's loss for the nine months ended September 30, 2021, was HK$9,579,000, compared to a loss of HK$15,071,000 for the same period in 2020[57]. Revenue Breakdown - Fine dining revenue for the nine months ended September 30, 2021, reached HK$90,649,000, up from HK$64,397,000 in the previous year, reflecting an increase of 40.9%[37]. - Mid-market dining revenue for the three months ended September 30, 2021, was HK$7,143,000, compared to HK$4,958,000 in the same period of 2020, marking a growth of 43.9%[37]. - Specialty coffee revenue for the nine months ended September 30, 2021, was HK$11,844,000, with no revenue reported in the same period of 2020[37]. - Casual dining revenue for the nine months ended September 30, 2021, was HK$29,446,000, down from HK$40,804,000 in the previous year, indicating a decline of 28.0%[37]. Expenses and Costs - Staff costs for the nine months ended September 30, 2021, were approximately HK$62.9 million, an increase from HK$59.5 million in the previous year[20]. - Other operating expenses for the nine months ended September 30, 2021 totaled approximately HK$21.4 million, compared to HK$16.1 million for the same period in 2020, indicating increased operational costs[20]. - Depreciation expenses for the nine months ended September 30, 2021 were approximately HK$23.0 million, slightly higher than HK$22.9 million for the same period in 2020[20]. - Raw materials and consumables used amounted to approximately HK$41.7 million for the nine months ended September 30, 2021, representing 27.3% of total revenue, compared to HK$32.2 million or 26.2% for the same period in 2020[72]. - Property rentals and related expenses decreased by approximately HK$2.8 million to approximately HK$5.8 million for the nine months ended September 30, 2021, mainly due to the closure of "Duddell's Airport"[76]. - Staff costs increased by approximately HK$3.5 million to approximately HK$63.0 million for the nine months ended September 30, 2021, primarily due to an increase in the number of staff following the relaxation of social distancing measures[76]. Corporate Governance and Compliance - The Company has established an Audit Committee to oversee financial reporting processes and internal control procedures[82]. - The Company confirms compliance with the required standards of dealings regarding directors' securities transactions during the review period[93]. - The Company is committed to high corporate governance standards, with a noted deviation from the CG Code regarding the roles of chairperson and CEO being held by the same individual[137]. - The company maintains high standards of corporate governance and has complied with the GEM Listing Rules during the review period[139]. - The company believes that maintaining high transparency is key to enhancing investor relations and regularly updates shareholders through quarterly, interim, and annual reports[140]. Share Repurchase and Ownership - The total consideration for the repurchase of 5,000,000 ordinary shares was HK$548,953, which included transaction costs[60]. - The Company repurchased a total of 4,460,000 shares at an aggregate consideration of HK$482,460 during the period ended 30 September 2021[86]. - 1,200,000 shares were subsequently cancelled to enhance the earnings per share for the benefit of the Company and its shareholders[86]. - Total shares held by Ms. Wong Pui Yain amount to 518,866,000, representing approximately 44.54% of the issued share capital[101]. - Mr. Lo Yeung Kit, Alan, has a beneficial ownership of 28,580,000 shares, which is 2.45% of the total[112]. - As of September 30, 2021, no directors or chief executives had any interests or short positions in the shares of the company or its associated corporations[109]. Strategic Initiatives - The Group plans to consolidate and expand its brand and sales network, launching additional "star brands" to enhance market penetration and maintain its leading position in the industry[70]. - The Group plans to further expand its online sales business and customer loyalty programs, enhancing the dining experience through improved technology systems[66]. - The Group's proactive brand management strategy has been key to its success, with a focus on high-quality brand development and customer engagement[66]. - The Group aims to balance cost control with food and service quality amidst high staff and food costs[70]. - The overall operating environment remains challenging due to reduced tourist numbers and government-imposed restrictions[69].