Revenue Performance - Revenue decreased by approximately SGD 0.41 million or 2.3% to SGD 17.05 million for the year ended December 31, 2023, compared to SGD 17.46 million for the previous year[10]. - Revenue from Singapore operations declined by 7.5% to SGD 12.34 million due to poor performance of restaurants, while revenue from Malaysia operations increased by 14.3% to SGD 4.72 million[10]. - Total revenue for the year ended December 31, 2023, was SGD 17,052,000, a decrease of 2.3% from SGD 17,461,000 in 2022[187]. - Gross profit decreased to SGD 11,717,000, down 6.0% from SGD 12,468,000 in the previous year[187]. Financial Losses - The group recorded a loss of approximately SGD 4.92 million for the year ended December 31, 2023, compared to a loss of SGD 1.69 million for the previous year, primarily due to asset impairment losses and rising food and labor costs[10]. - The company reported a pre-tax loss of SGD 4,909,000, compared to a loss of SGD 1,687,000 in 2022, indicating a significant increase in losses[187]. - Net loss attributable to equity holders for the year was SGD 4,923,000, compared to a loss of SGD 1,687,000 in the prior year, reflecting a worsening financial position[187]. - The company recorded a total comprehensive loss of SGD 4,956,000 for the year, compared to a loss of SGD 1,803,000 in 2022, reflecting ongoing financial difficulties[191]. Cash Flow and Liquidity - Cash and bank balances (excluding pledged fixed deposits) were approximately SGD 0.41 million as of December 31, 2023, down from SGD 2.24 million a year earlier[26]. - Operating cash flow for the year was SGD 2,150,000, an increase from SGD 1,563,000 in 2022, indicating improved cash generation from operations despite losses[193]. - The total cash and cash equivalents decreased to SGD 411,000 at the end of 2023 from SGD 2,236,000 at the end of 2022[195]. - The company has committed to providing ongoing financial support to ensure operational continuity and fulfill financial obligations[200]. Cost Management - Cost of goods sold increased by approximately SGD 0.34 million or 6.8% to approximately SGD 5.33 million, primarily due to rising material prices[19]. - The company plans to adopt a cautious strategy by negotiating early termination of underperforming store leases to avoid further losses[13]. - The group is implementing cost control measures to improve operational efficiency and enhance future cash flow[200]. Corporate Governance - The company emphasizes high standards of corporate governance, believing that good governance practices are crucial for sustainable growth and protecting shareholder interests[51]. - The company currently does not have a separate chairman and CEO, with Ms. Liu Wan-Zhen holding both positions, which the board believes ensures consistent internal leadership[51]. - The company has faced challenges in meeting the GEM listing rules regarding the number of independent non-executive directors following the resignations of Mr. Lu Qingxing and Mr. Chen Baihong[52][53]. - The company has adopted a code of conduct for directors' securities trading, aligning with GEM Listing Rules[57]. Board Composition and Diversity - The board consists of seven directors, including one female director, with age diversity represented in the 30-39 and 70-79 age groups[71]. - The company has adopted a board diversity policy to consider various factors when recommending dividend payments, including overall financial condition and future cash needs[112]. - The gender ratio among employees is approximately equal, reflecting the company's commitment to diversity[81]. Risk Management - The company has established policies and procedures to identify, assess, and manage significant risks, with the board responsible for maintaining an effective risk management and internal control system[88]. - The audit committee has emphasized that no internal control system can eliminate all errors and irregularities, providing only reasonable assurance against significant errors or losses[90]. - The board conducted an annual review of the effectiveness of the risk management and internal control systems, finding no significant deficiencies[90]. Shareholder Communication - The board emphasizes the importance of maintaining ongoing communication with shareholders through various channels, including announcements and reports[101]. - The annual general meeting provides a communication platform between shareholders and the board, with special meetings called as necessary[94]. Employee and Management Information - The group employed a total of 239 full-time employees in Singapore and Malaysia as of December 31, 2023, down from 246 employees the previous year[34]. - The company has established service agreements for its executive directors, initially for three years, with provisions for renewal[121]. Audit and Compliance - The independent auditor's report confirmed that the consolidated financial statements fairly reflect the group's financial position as of December 31, 2023[171]. - The audit committee reviewed the management and accounting principles adopted by the group and discussed internal controls and financial reporting matters[166]. - The independent auditor's fees for the year ending December 31, 2023, amounted to SGD 177,000 for audit services and SGD 10,000 for non-audit services, totaling SGD 187,000[85].

Revenue Performance - Revenue decreased by approximately SGD 0.41 million or 2.3% to SGD 17.05 million for the year ended December 31, 2023, compared to SGD 17.46 million for the year ended December 31, 2022[14]. - Revenue from Singapore operations decreased by 7.5% to SGD 12.34 million due to a decline in restaurant performance, while revenue from Malaysia operations increased by 14.3% to SGD 4.72 million[14]. - Total revenue for the year ended December 31, 2023, was SGD 17,052,000, a decrease of 2.3% from SGD 17,461,000 in 2022[191]. Financial Losses - The group recorded a loss of approximately SGD 4.92 million for the year ended December 31, 2023, compared to a loss of SGD 1.69 million for the year ended December 31, 2022, with the increase in loss primarily due to asset impairment losses from Singapore store performance decline[14]. - The company reported a pre-tax loss of SGD 4,909,000 for 2023, compared to a loss of SGD 1,687,000 in 2022, indicating a significant increase in losses[191]. - The net loss attributable to equity holders for the year was SGD 4,923,000, compared to a loss of SGD 1,687,000 in the prior year, reflecting a worsening financial position[191]. - For the year ended December 31, 2023, the company reported a total comprehensive loss of SGD 4.956 million, compared to a loss of SGD 1.803 million in the previous year, indicating an increase in losses of approximately 174%[195]. Operational Challenges - The ongoing geopolitical tensions and inflationary pressures are impacting the company's operations and market conditions[13]. - The company is facing high rental and wage costs, along with increased competition in the restaurant sector, which is affecting profitability[13]. - The group continues to experience losses primarily due to rising food and labor costs driven by inflation in both Singapore and Malaysia[14]. Strategic Management - The company acknowledges future challenges and is committed to managing resources and capital more prudently to ensure sustainable growth[13]. - The company plans to remain flexible and adaptive to changing market environments while cautiously exploring expansion opportunities[13]. - The company plans to adopt a cautious strategy by terminating underperforming store leases and reviewing upcoming lease renewals to control rising rental costs[17]. Cash Flow and Financial Position - As of December 31, 2023, cash and bank balances were approximately SGD 0.41 million, down from SGD 2.24 million on December 31, 2022[30]. - The net cash flow from operating activities for the year ended December 31, 2023, was approximately SGD 2.15 million, which would be SGD 1.03 million after excluding the impact of IFRS 16 depreciation of approximately SGD 3.18 million[30]. - The company reported a net cash outflow from investing activities of SGD 106,000, a significant decrease from a net inflow of SGD 622,000 in 2022[199]. - The company’s financing activities resulted in a net cash outflow of SGD 3.869 million, compared to SGD 3.017 million in the previous year, representing an increase in cash outflow of approximately 28%[199]. Corporate Governance - The company has a commitment to corporate governance, with independent directors providing oversight on strategy, policy, and performance[49]. - The company has adopted a code of conduct for directors' securities trading, aligning with GEM Listing Rules[61]. - The board consists of four executive directors and two independent non-executive directors, with the chairman also serving as the CEO[62]. - The company emphasizes the importance of good corporate governance practices for sustainable growth and shareholder value enhancement[60]. Management and Leadership - The company has over 11 years of experience in the restaurant industry, with Mr. Liu serving as General Manager since December 2016, overseeing advertising, marketing, and operations for Greyhound Café in Singapore[43]. - The company has a strong financial management team, with Mr. Liu as CFO since January 2017, who has over 20 years of experience in financial advisory and mergers and acquisitions[51]. - The company is focused on expanding its market presence and enhancing operational efficiency through strategic management and experienced leadership[48]. Employee and Operational Metrics - The total number of full-time employees as of December 31, 2023, was 239, a decrease from 246 employees in the previous year[38]. - The company incurred a total of SGD 6,861,000 in employee benefits expenses in 2023, an increase from SGD 6,433,000 in 2022, indicating rising operational costs[191]. Compliance and Regulatory Matters - The company has not achieved compliance with GEM Listing Rules regarding the requirement for at least three independent non-executive directors on the board following the resignation of Mr. Lu and Mr. Chan[56][57]. - The board has appointed Mr. Chan Jun-jie as an independent non-executive director and chairman of the audit committee, effective March 21, 2024, improving compliance with GEM Listing Rules[59]. - The company is actively seeking suitable candidates to fill the vacancies to ensure compliance with GEM Listing Rules within three months from the date of non-compliance[59]. Audit and Financial Reporting - The independent auditor has confirmed that the consolidated financial statements fairly reflect the group's financial position as of December 31, 2023[175]. - The audit committee currently consists of two independent non-executive directors, Mr. Chen Junjie and Mr. Wen Zhizhong, with responsibilities including reviewing quarterly, interim, and annual performance[71]. - The board has conducted an annual review of the effectiveness of the risk management and internal control systems, finding no significant deficiencies[94].

Financial Performance - For the three months ended September 30, 2023, the company reported revenue of SGD 4,146,000, a slight decrease of 0.5% compared to SGD 4,166,000 in the same period of 2022[11] - Gross profit for the same period was SGD 2,777,000, down 5.6% from SGD 2,942,000 year-on-year[11] - The company incurred a pre-tax loss of SGD 965,000 for the three months ended September 30, 2023, compared to a loss of SGD 812,000 in the prior year, representing an increase in loss of 18.9%[11] - The net loss attributable to equity holders for the three months was SGD 969,000, compared to SGD 810,000 in the same period of 2022, reflecting a year-on-year increase of 19.6%[11] - For the nine months ended September 30, 2023, total revenue was SGD 12,920,000, an increase of 2.4% from SGD 12,624,000 in the same period of 2022[11] - The company reported a net loss of SGD 2,125,000 for the nine months, compared to a loss of SGD 1,502,000 in the previous year, indicating a 41.5% increase in loss[11] - The company’s total comprehensive loss for the nine months was SGD 2,129,000, compared to SGD 1,397,000 in the same period of 2022, marking a 52.6% increase[12] - The company’s basic loss per share for the nine months was SGD 0.42, compared to SGD 0.30 in the previous year, reflecting a 40% increase in loss per share[11] Revenue Breakdown - Revenue from the bakery segment for the nine months ended September 30, 2023, increased to SGD 3,435,000, up 14.2% from SGD 3,007,000 in the same period last year[20] - The group’s total revenue from restaurant operations and bakery retail stores for the nine months ended September 30, 2023, was SGD 12,920,000, an increase from SGD 12,624,000 in the same period last year[20] - Total revenue for the nine months ended September 30, 2023, was SGD 9,477,000, a decrease of 1.3% compared to SGD 9,606,000 for the same period in 2022[20] - Revenue increased by approximately SGD 0.3 million or 2.3% to SGD 12.9 million for the nine months ended September 30, 2023, compared to SGD 12.6 million for the same period in 2022[33] Expenses and Costs - Employee benefit expenses rose to SGD 5,031,000 for the nine months, up 7.5% from SGD 4,681,000 in the same period of 2022[11] - Cost of goods sold increased by approximately SGD 0.54 million or 15.4% to SGD 4.07 million due to inflation in food costs, particularly in Malaysia[34] - Employee benefits expenses rose by approximately SGD 0.35 million or 7.5% to SGD 5.03 million, primarily due to annual salary increases and additional training costs for new staff[35] - Depreciation of property, plant, and equipment increased by approximately SGD 0.14 million or 27.6% to SGD 0.65 million, attributed to the opening and rebranding of two new outlets[37] - Other expenses decreased by approximately SGD 0.27 million or 11.0% to SGD 2.23 million, mainly due to the absence of asset write-offs related to two closed stores[38] Operational Challenges - The group recorded a loss of approximately SGD 2.12 million for the nine months ended September 30, 2023, compared to a loss of SGD 1.50 million for the same period in 2022, primarily due to declining performance in Singapore and rising inflation[39] - The company faces challenges from high inflation, with food inflation rising to 6.8% year-on-year, impacting operational costs significantly[30] - Labor costs have increased by at least 10% over the past year, exacerbated by a tight labor market and new minimum wage regulations[31] Strategic Changes - The termination of the "Greyhound Café" franchise in April 2023 led to the establishment of a new brand, "Crazy Rich Thai," which offers innovative Thai cuisine[28] - The company aims to implement cost-cutting measures to better manage cash flow amidst rising operational costs and labor shortages[31] Shareholder and Governance Information - As of September 30, 2023, major shareholders include Net Heart Rehabilitation Hospital (International) Limited, holding 90,500,000 shares, representing 18.1% of the company's equity[45] - The company did not engage in any related party transactions during the nine months ended September 30, 2023[48] - No significant investments, acquisitions, or disposals were made by the group during the nine months ended September 30, 2023[57] - The board does not recommend any interim dividend for the nine months ended September 30, 2023, consistent with the previous year[56] - The company has not established any plans for significant investments or acquisitions of capital assets as of the report date[58] - The company has not granted any share options since the adoption of the share option scheme on April 4, 2018, until September 30, 2023[50] - The audit committee reviewed the group's unaudited interim results for the nine months ended September 30, 2023[55] - The company has maintained compliance with corporate governance codes and principles during the reporting period[52] - There were no purchases, sales, or redemptions of the company's listed securities from the listing date until September 30, 2023[49] - The company has not established any arrangements for directors or senior management to acquire any securities of the company or its affiliates[44]

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，概不對因本公告全部或任何部分內容 而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 JLOGO HOLDINGS LIMITED 聚利寶控股有限公司 （於開曼群島註冊成立的有限公司） （股份代號：8527） 二零二三年第三季度業績公告 聚利寶控股有限公司（「本公司」）董事（「董事」）會（「董事會」）欣然宣佈本公司及其附屬 公司（「本集團」）截至二零二三年九月三十日止九個月的未經審核簡明綜合財務業績。本 公告列載本公司二零二三年第三季度報告全文，乃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」）中有關季度業績初步公告附載的資料之相關 要求。 承董事會命 聚利寶控股有限公司 主席兼行政總裁 劉婉貞女士 香港，二零二三年十一月十三日 ...

Financial Performance - For the six months ended June 30, 2023, the company reported total revenue of SGD 8,774,000, an increase of 3.7% compared to SGD 8,458,000 for the same period in 2022[11]. - The gross profit for the same period was SGD 6,070,000, a slight decrease of 1.3% from SGD 6,152,000 in 2022[11]. - The company incurred a loss before tax of SGD 1,145,000, compared to a loss of SGD 682,000 in the previous year, reflecting a significant increase in losses[11]. - The net loss attributable to equity holders of the company for the six months was SGD 1,156,000, compared to SGD 692,000 in 2022, indicating a worsening financial performance[11]. - The company reported a total comprehensive loss of SGD 1,166,000 for the six months, compared to SGD 709,000 in 2022, highlighting ongoing challenges[11]. - The basic loss per share for the period was SGD 0.23, compared to SGD 0.14 in the same period last year, indicating a decline in shareholder value[11]. - The group reported a pre-tax loss of SGD 1,145,000 for the six months ended June 30, 2023, compared to a loss of SGD 682,000 in the same period of 2022[26]. - The group recorded a loss of approximately SGD 1.16 million for the six months ended June 30, 2023, compared to a loss of SGD 0.69 million for the same period in 2022, attributed to declining performance in Singapore and rising food costs[55]. Revenue Breakdown - Revenue for the restaurant business was SGD 6,520,000 for the six months ended June 30, 2023, a decrease of 0.5% compared to SGD 6,551,000 in the same period of 2022[22]. - Revenue from the artisanal bakery segment increased to SGD 2,250,000 for the six months ended June 30, 2023, up 18.4% from SGD 1,900,000 in the previous year[22]. - Total revenue for the group was SGD 8,774,000 for the six months ended June 30, 2023, compared to SGD 8,458,000 for the same period in 2022, reflecting a growth of 3.7%[24]. Expenses and Costs - Employee benefits expenses totaled SGD 3,139,000, showing a marginal decrease from SGD 3,152,000 in the prior year[11]. - Cost of goods sold increased by approximately SGD 0.40 million or 17.3% to SGD 2.70 million for the six months ended June 30, 2023, primarily due to food cost inflation driven by the depreciation of the Malaysian Ringgit[52]. - Other income decreased by approximately SGD 0.12 million or 40.9% to SGD 0.17 million for the six months ended June 30, 2023, due to the lack of Covid-19 related subsidies from the local government[53]. Assets and Liabilities - Total non-current assets decreased from SGD 11,571,000 in December 2022 to SGD 10,633,000 in June 2023, a decline of 8.1%[12]. - Current assets decreased from SGD 3,942,000 in December 2022 to SGD 3,002,000 in June 2023, a decline of 23.9%[12]. - Total liabilities increased from SGD 7,059,000 in December 2022 to SGD 7,684,000 in June 2023, an increase of 8.8%[12]. - The company's equity decreased from SGD 1,481,000 in December 2022 to SGD 315,000 in June 2023, a decline of 78.7%[12]. - Cash and cash equivalents decreased significantly from SGD 2,236,000 at the beginning of the period to SGD 630,000 at the end, a reduction of 71.8%[15]. - Trade and other receivables increased to SGD 2,453,000 as of June 30, 2023, from SGD 1,627,000 as of December 31, 2022[33]. - Total trade receivables as of June 30, 2023, amounted to SGD 118,000, an increase from SGD 113,000 as of December 31, 2022, reflecting a growth of approximately 4.42%[35]. - The net refundable deposits increased to SGD 1,537,000 as of June 30, 2023, compared to SGD 1,403,000 as of December 31, 2022, representing a growth of about 9.54%[35]. - Trade payables decreased to SGD 1,095,000 as of June 30, 2023, down from SGD 1,153,000 as of December 31, 2022, indicating a decline of approximately 5.03%[36]. - Other payables rose significantly to SGD 1,214,000 as of June 30, 2023, compared to SGD 778,000 as of December 31, 2022, marking an increase of around 55.95%[36]. - Total borrowings decreased to SGD 9,100,000 as of June 30, 2023, from SGD 10,320,000 as of December 31, 2022, reflecting a reduction of approximately 11.77%[38]. Operational Highlights - The company has not adopted any new or revised International Financial Reporting Standards that have been issued but are not yet effective[19]. - The group did not recommend any interim dividend for the six months ended June 30, 2023, consistent with the previous year[30]. - The group faced a labor market vacancy rate of 7% as of the first quarter of 2023, exacerbated by a reduction in foreign worker quotas[48]. - Inflation rate in Singapore remained high at 4.7% as of May 2023, with food inflation rising to 6.8% year-on-year[48]. - The group does not plan to expand further this year and will implement cost-cutting measures to better manage cash flow[50]. - The company has issued 500,000,000 ordinary shares, maintaining the same issued and paid-up capital of SGD 869,000 as of June 30, 2023, unchanged from December 31, 2022[42]. Management and Governance - The company has adhered to the corporate governance code and principles applicable since the six months ending June 30, 2023[81]. - The audit committee was established in accordance with GEM Listing Rule 5.28, consisting of independent non-executive directors[84]. - No directors or major shareholders have interests in any competing businesses as of June 30, 2023[82]. - No related party transactions were entered into by the group for the six months ending June 30, 2023[76]. - The board expressed gratitude to shareholders, business partners, and customers for their continued support[88].

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，概不對因本公告全部或任何部分內容 而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 JLOGO HOLDINGS LIMITED 聚利寶控股有限公司 （於開曼群島註冊成立的有限公司） （股份代號：8527） 二零二三年中期業績公告 聚利寶控股有限公司（「本公司」）董事（「董事」）會（「董事會」）欣然宣佈本公司及其附屬 公司（「本集團」）截至二零二三年六月三十日止六個月之未經審核簡明綜合業績（「二零 二三年中期報告」）。本公告列載二零二三年中期報告全文，乃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」）中有關中期業績初步公告附載的 資料之相關要求。 承董事會命 聚利寶控股有限公司 主席兼行政總裁 劉婉貞女士 香港，二零二三年八月十四日 ...

Financial Performance - For the first quarter of 2023, the company reported revenue of SGD 4,561,000, an increase of 16.2% compared to SGD 3,926,000 in the same period of 2022[11] - Gross profit for the first quarter was SGD 3,114,000, reflecting a 8.9% increase from SGD 2,859,000 year-over-year[11] - The company incurred a pre-tax loss of SGD 467,000, slightly improved from a loss of SGD 479,000 in the previous year[11] - The net loss attributable to the owners of the company for the quarter was SGD 475,000, compared to a loss of SGD 484,000 in Q1 2022[11] - The total comprehensive loss for the period was SGD 421,000, an improvement from SGD 483,000 in Q1 2022[11] - The company's basic loss per share for the quarter was SGD 0.09, compared to SGD 0.10 in the previous year[11] - Revenue for the three months ended March 31, 2023, was SGD 4,561,000, an increase of 16.2% compared to SGD 3,926,000 for the same period in 2022[20] - Restaurant business revenue was SGD 3,453,000, up from SGD 3,033,000 year-over-year, representing a growth of 13.9%[20] - The handmade bakery segment generated SGD 1,106,000 in sales, a 24.5% increase from SGD 889,000 in the previous year[20] - The company reported a net loss of SGD 475,000 for the three months ended March 31, 2023, compared to a loss of SGD 484,000 for the same period in 2022[24] - Basic loss per share for the three months ended March 31, 2023, was (0.09) Singapore cents, an improvement from (0.10) Singapore cents in the prior year[24] Liabilities and Financial Position - The company reported total liabilities of SGD 15,000,000 as of March 31, 2023, compared to SGD 14,500,000 at the end of the previous quarter[12] - Cost of goods sold increased by approximately SGD 0.38 million or 35.6% to SGD 1.45 million for the three months ended March 31, 2023, due to overall food ingredient price inflation[31] - The group recorded a loss of approximately SGD 0.47 million for the three months ended March 31, 2023, compared to a loss of SGD 0.48 million for the same period in 2022, primarily due to the depreciation of the Malaysian Ringgit affecting import costs[33] Strategic Plans and Market Presence - The company plans to focus on expanding its market presence and enhancing product offerings in the upcoming quarters[10] - The company opened its third café Q Classified in March 2023, with plans to establish five more locations across Singapore[28] - Revenue from Singapore operations rose by 13.8% to SGD 3.45 million, while revenue from Malaysia operations increased by 24.1% to SGD 1.11 million[30] - The strategic location of restaurants and retail stores is aligned with the company's site selection strategy to enhance brand visibility and customer access[27] Governance and Compliance - The board of directors confirmed that all information in the report is accurate and complete, with no misleading elements[4] - The company has adopted a code of conduct for securities trading by directors, confirming compliance with the GEM Listing Rules from January to March 2023[47] - The audit committee, consisting of independent non-executive directors, reviewed the unaudited first-quarter results for the period ending March 31, 2023[50] - The company emphasizes the importance of good corporate governance for sustainable growth and shareholder value[48] - The roles of Chairman and CEO are held by the same individual, which the board believes enhances internal leadership and decision-making efficiency[48] - No interests in competing businesses were reported by directors and controlling shareholders as of March 31, 2023[49] Shareholder Information - The company did not recommend any interim dividend for the three months ended March 31, 2023, consistent with the previous year[23] - Major shareholder Net Heart Rehabilitation Hospital holds approximately 18.1% of the company's shares, totaling 90.5 million shares[39] - The company expresses gratitude to shareholders, business partners, and customers for their continued support[53] Other Financial Information - Other comprehensive income included a foreign exchange gain of SGD 54,000, up from SGD 1,000 in the same quarter last year[11] - Government grants received amounted to SGD 115,000, primarily from Singapore's wage support scheme and other business subsidies[20] - The effective tax rates for subsidiaries in Singapore and Malaysia are 17% and 24%, respectively, for the estimated profits generated in those jurisdictions[21] - The company has not entered into any related party transactions during the three months ended March 31, 2023[41] - The group has not established any further mortgages on its assets during the reporting period[42] - Management is closely monitoring foreign exchange risks and may consider adopting significant foreign exchange hedging policies in the future[44] - There were no significant investments, acquisitions, or disposals made by the group during the three months ended March 31, 2023[52]

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，概不對因本公告全部或任何部分內容 而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 JLOGO HOLDINGS LIMITED 聚利寶控股有限公司 （於開曼群島註冊成立的有限公司） （股份代號：8527） 二零二三年第一季度業績公告 聚利寶控股有限公司（「本公司」）董事（「董事」）會（「董事會」）欣然宣佈本公司及其附屬 公司截至二零二三年三月三十一日止三個月之未經審核簡明綜合財務業績（「二零二三年 第一季度報告」）。本公告列載二零二三年第一季度報告全文，乃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」）中有關季度業績初步公告附載 的資料之相關要求。 承董事會命 聚利寶控股有限公司 主席兼行政總裁 劉婉貞 香港，二零二三年五月十二日 ...

Financial Performance - The group recorded a revenue increase of 32.0% to SGD 17.46 million for the year ended December 31, 2022, compared to the previous year[11]. - Revenue from Singapore operations increased by 29.6% to SGD 13.34 million, while revenue from Malaysia operations rose by 40.5% to SGD 4.13 million[11]. - The group reported a reduced loss of approximately SGD 1.69 million for the year ended December 31, 2022, down from a loss of SGD 2.82 million in the previous year[11]. - Revenue increased by approximately SGD 4.23 million or 32.0% to about SGD 17.46 million for the year ended December 31, 2022, compared to approximately SGD 13.23 million for the year ended December 31, 2021[18]. - The company reported a pre-tax loss of SGD 1,687,000 for 2022, an improvement from a loss of SGD 2,820,000 in 2021[188]. - The company reported a total comprehensive loss of SGD 1,803,000 for the year, compared to a total comprehensive loss of SGD 2,782,000 in the previous year, showing a 35.2% reduction in losses[192]. - The company reported a net loss of SGD 1,687,000 for the fiscal year ending December 31, 2022[199]. Operational Developments - The group plans to open five café locations under the brand Q Classified in Singapore, with the third location opened in March 2023[13]. - The group operates multiple restaurant brands in Singapore and one of the largest handmade baking chains in Malaysia[16]. - The group’s brands include "Central Hong Kong Café," "Black Society," and "Bread Story," focusing on various dining experiences and offerings[16]. - The group is closely monitoring the business outlook in China and will adjust its business strategies to reduce losses and improve performance[13]. Cost and Expenses - Cost of goods sold increased by approximately SGD 1.48 million or 42.4% to about SGD 4.99 million for the year ended December 31, 2022, aligning with the revenue growth[21]. - Employee benefits expenses increased by approximately SGD 0.57 million or 9.8% to about SGD 6.43 million, primarily due to salary growth and hiring more temporary staff[23]. Cash Flow and Financial Position - The net cash flow from operating activities was approximately SGD 1.56 million, with an adjusted net cash flow of about SGD 1.27 million after excluding the impact of depreciation and rent concessions[28]. - Cash and bank balances were approximately SGD 2.24 million as of December 31, 2022, down from SGD 3.07 million as of December 31, 2021[28]. - The company experienced a decrease in cash and cash equivalents, ending the year with SGD 2,236,000, down from SGD 3,068,000, representing a decline of 27.1%[196]. - Current liabilities exceeded current assets by SGD 3,117,000 as of December 31, 2022[199]. - The company has sufficient financial resources to continue operations for at least the next twelve months, supported by financing from several banks and a major shareholder's financial assistance[199]. Corporate Governance - The group emphasizes its commitment to serving stakeholders and maintaining shareholder trust as a core principle[13]. - The company has a commitment to high standards of corporate governance, which is deemed essential for sustainable growth and enhancing shareholder value[58]. - The board consists of seven members, including four executive directors and three independent non-executive directors, responsible for business and investment planning, annual budgeting, and profit distribution[40]. - The company has established a remuneration committee to assess the performance and determine the remuneration of directors and senior management[69]. - The board consists of executive directors including the Chairwoman and CEO, Liu Wan-Zhen, and other key executives[60]. Risk Management - The board has established policies and procedures to identify, assess, and manage significant risks, ensuring the effectiveness of the risk management and internal control systems[88]. - The company has engaged a professional risk advisory firm to conduct annual reviews of its risk management and internal audit processes[88]. Employee Relations - The group has established effective relationships with employees, customers, and suppliers, ensuring a healthy and safe working environment[153]. - The total number of full-time employees increased to 246 as of December 31, 2022, from 223 as of December 31, 2021[37]. - The company has a clear commitment to fair employment practices, providing equal opportunities regardless of gender, age, marital status, race, religion, or nationality[81]. Shareholder Communication - The company has adopted a shareholder communication policy to enhance transparency and investor confidence[102]. - The board of directors is committed to maintaining effective communication with shareholders through various channels[102]. - The company encourages shareholder participation in all general meetings[102]. Audit and Compliance - The independent auditor's report confirmed that the consolidated financial statements fairly reflect the group's financial position as of December 31, 2022[171]. - The audit committee reviewed the management and accounting principles adopted by the group, discussing internal controls and financial reporting matters[166]. - All directors have undergone training on corporate governance and relevant regulations to ensure compliance with GEM listing rules[80].

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，概不對因本公告全部或任何部分內容 而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 JLOGO HOLDINGS LIMITED 聚利寶控股有限公司 （於開曼群島註冊成立的有限公司） （股份代號：8527） 二零二二年年度業績公告 聚利寶控股有限公司（「本公司」）董事（「董事」）會（「董事會」）欣然宣佈本公司及其附屬 公司（「本集團」）截至二零二二年十二月三十一日止年度的經審核綜合末期業績。本公告 列載本公司二零二二年年度報告全文，乃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」）中有關年度業績初步公告附載的資料之相關要 求。 承董事會命 聚利寶控股有限公司 主席兼行政總裁 劉婉貞 香港，二零二三年三月二十四日 ...