Financial Performance - Revenue for the three months ended June 30, 2023, was HKD 23,803,000, a decrease of 16.8% compared to HKD 28,601,000 in 2022[9] - Gross profit for the same period was HKD 11,229,000, down 16.0% from HKD 13,364,000 in 2022[9] - Operating profit decreased by 20.2% to HKD 5,282,000 from HKD 6,615,000 in the previous year[9] - Profit for the period was HKD 4,666,000, representing a decline of 20.0% compared to HKD 5,832,000 in 2022[9] - Earnings per share (basic and diluted) were HKD 0.95, down 22.8% from HKD 1.23 in the same quarter of 2022[10] - Total comprehensive income for the period was HKD 4,625,000, compared to HKD 5,381,000 in 2022[13] - The net profit for the period was HKD 4,536,000, a decline of 23.3% from HKD 5,918,000 in the same quarter of 2022[26] - The total comprehensive income for the period was HKD 4,503,000, compared to HKD 5,501,000 in the previous year, reflecting a decrease of 18.1%[23] Revenue Breakdown - The sales of electronic payment terminals and related equipment amounted to HKD 5,354,000, down 53.6% from HKD 11,531,000 in the previous year[23] - The revenue from system support and software solution services increased to HKD 18,449,000, up 8.1% from HKD 17,070,000 in 2022[23] - Revenue from the sale of electronic payment terminals and related equipment significantly decreased by approximately 53.0%, from HKD 11.5 million in 2022 to HKD 5.4 million in 2023[31] Expenses and Costs - Administrative expenses increased to HKD 5,923,000 from HKD 5,068,000 in the previous year[12] - The company reported a decrease in employee costs and director remuneration to approximately HKD 5.6 million, down about 6.7% from HKD 6.0 million in the previous year[36] - Other administrative expenses increased by approximately 18.9% to HKD 4.4 million, primarily due to increased depreciation and amortization costs[37] - The company reported a tax expense of HKD 613,000 for the period, compared to HKD 783,000 in 2022[12] - The income tax expense for the period was HKD 613,000, down 21.7% from HKD 783,000 in the same quarter of 2022[24] Corporate Governance - The company is committed to maintaining high levels of corporate governance, emphasizing a high-quality board, sound risk management, and transparency[67] - The company continues to monitor and review its corporate governance matters and will make necessary changes when appropriate[68] - The company has confirmed that there were no known violations of the securities trading code by directors during the reporting period[66] - The company has adopted the principles and code provisions of the Corporate Governance Code as per GEM Listing Rules Appendix 15[70] - The Audit Committee was established on November 23, 2016, and is composed of independent non-executive directors, ensuring oversight of financial statements and internal controls[71] - The Audit Committee has reviewed the unaudited consolidated quarterly report and confirmed compliance with applicable accounting standards and GEM Listing Rules[74] Future Outlook and Strategy - The company continues to focus on expanding its electronic payment terminal sales and software solution services in the market[17] - The company aims to enhance its capabilities and provide diversified, high-quality one-stop integrated services to expand market share in electronic payment terminal sales, system support, and software solutions[54] - The digital payment market, particularly in QR code payments, fast payment systems, and e-wallets, is expected to see significant growth opportunities[54] - The company plans to invest professional skills to assist Hong Kong in transforming into a smart city[54] Shareholding and Dividends - As of June 30, 2023, Mr. Lau holds 348,455,000 shares, representing 72.59% of the issued share capital, while Ms. Lam holds 351,220,000 shares, representing 73.17%[56] - The board of directors did not recommend any dividend payment for the reporting period, consistent with the previous year[51] - The company has not disclosed any significant contracts with controlling shareholders during the reporting period[65] - The company has not entered into any arrangements that would allow directors or senior management to hold any interests in the company's shares or related securities[61] - No directors or major shareholders have reported any interests in competing businesses during the reporting period[62] Accounting Standards - The company adopted new and revised Hong Kong Financial Reporting Standards effective from April 1, 2023, with no significant changes to accounting policies[21] - The company has not purchased, sold, or redeemed any of its listed securities during the reporting period[75] - The company has no significant capital commitments or contingent liabilities as of June 30, 2023[44][46] - The company's total equity as of June 30, 2023, was HKD 129,578,000, an increase from HKD 125,717,000 a year earlier[23] - The company's current assets net value increased to approximately HKD 96.4 million as of June 30, 2023, compared to HKD 91.3 million as of March 31, 2023[42]
俊盟国际(08062) - 2024 Q1 - 季度财报