Financial Performance - The Group reported a revenue of HK58,603,000 in the same period of 2022[6]. - The Group incurred a loss of approximately HK3,566,000 in the prior year, primarily due to a change in share of results from associates[18]. - Total comprehensive income for the period was HK15,683,000 in the same period of 2022[6]. - The loss attributable to shareholders for the period was HK3,994,000 in the same period of 2022[152]. - Basic and diluted loss per share for the period was HK0.07 per share in the same period of 2022[144]. Revenue Sources - Revenue from contracts with customers, including hospitality services and food and beverage sales, totaled HK57,579,000 in the previous year[147]. - The Group's lending business generated interest income of approximately HKD 1,131,000 for the three months ended March 31, 2023, compared to HKD 1,024,000 in the same period of 2022, reflecting an increase due to a rise in loans issued[32]. - The Group's two platforms, providing micro-lending services and healthcare information, generated approximately HKD 24,000 in revenue for the three months ended March 31, 2023, compared to zero in the same period of 2022[29]. - Revenue from the network media services segment significantly decreased to approximately HK42,788,000 in 2022, primarily due to the Walletku Disposal[163]. - Revenue from the hospitality and related services segment in Australia was approximately HK4,096,000 or approximately 27.69% compared to HK24,460,000, slightly higher than HK$24,181,000 in the same period of 2022, reflecting ongoing operational costs[6]. - The Group's hospitality business is focused on providing integrated resort-based travel experiences, including event hosting and dining services[45]. - Balgownie's occupancy rate improved to approximately 80% for the three months ended 31 March 2023, up from 77% in the same period in 2022[47]. - The new restaurant at Balgownie began accepting bookings in February 2022, with a maximum capacity of approximately 270 customers, aimed at enhancing the dining experience and expanding income streams through banquet services[45]. - The Group plans to regularly review and enhance Balgownie's products, services, and interior design to maintain market competitiveness[162]. Legal and Compliance - The Audit Committee reviewed the Group's unaudited condensed consolidated results for the three months ended March 31, 2023, ensuring compliance with applicable accounting standards and GEM Listing Rules[90]. - The Group's entities operating in Hong Kong are subject to a profits tax rate of 16.5%, with no provision made for the current period due to sufficient tax losses carried forward[149]. - The Group has not early adopted any new and revised HKFRSs that have been issued but are not yet effective[146]. - The company has complied with the Corporate Governance Code during the three months ended March 31, 2023[117]. - The company has adopted a code of conduct regarding Directors' securities transactions, with no reported non-compliance during the review period[116]. Future Outlook - The Group's future outlook remains uncertain, heavily influenced by the development of the pandemic and global economic conditions[66]. - The stabilization of the global pandemic situation and the recovery of the labor market are expected to boost domestic consumption demand[66]. - Positive effects on consumption demand may be offset by declines in general asset prices due to quantitative tightening measures and uncertainties from recent economic turmoil and the Russo-Ukrainian War[66]. - The Group will continue to implement its business plans and strategies to enhance existing businesses, aiming for sustainable value creation and investment returns for shareholders[95]. - The Group's management expects continued improvement in the resort's business for the second quarter of 2023[162].
恒泰裕集团(08081) - 2023 Q1 - 季度财报