Financial Performance - The company's revenue for the three months ended June 30, 2023, was approximately HKD 11,500,000, a decrease of about 47.7% compared to HKD 22,000,000 for the same period in 2022[5] - The loss attributable to the owners of the company for the three months ended June 30, 2023, was approximately HKD 9,600,000, compared to a loss of HKD 4,000,000 for the same period in 2022[5] - The operating loss for the three months ended June 30, 2023, was HKD 9,014,000, compared to an operating loss of HKD 3,766,000 for the same period in 2022[6] - The company reported a basic and diluted loss per share of HKD 2.05 for the three months ended June 30, 2023[6] - The total comprehensive loss for the period was HKD 9,621,000 for the three months ended June 30, 2023[6] - For the three months ended June 30, 2023, the company's revenue was approximately HKD 11,500,000, a decrease of about 47.7% compared to HKD 21,988,000 in the same period of 2022[27] - The loss attributable to the company's owners for the three months ended June 30, 2023, was approximately HKD 9,621,000, compared to a loss of HKD 3,976,000 in the same period of 2022[22] - The lending business generated revenue of approximately HKD 4,000,000 for the three months ended June 30, 2023, down from HKD 9,600,000 in the same period of 2022[29] - The retail and wholesale business reported revenue of approximately HKD 7,500,000 for the three months ended June 30, 2023, compared to HKD 12,400,000 in the same period of 2022[30] Dividend and Equity - The board of directors does not recommend the payment of dividends for the three months ended June 30, 2023[5] - The company issued new shares amounting to HKD 17,200,000 during the period[7] - The total equity attributable to the owners of the company as of June 30, 2023, was HKD 177,586,000[7] - The company issued 43,000,000 new shares at a subscription price of HKD 0.20 per share, raising a total of HKD 8,600,000, which was completed on May 23, 2023[36] Business Development and Strategy - The company plans to continue seeking investment opportunities to improve its business and explore new avenues for expansion[31] - The company has established a solid customer base in the lending business, which has been active for over ten years[29] - The company completed a conditional agreement to acquire 90.1% of the shares of Lian Wang Limited for HKD 1,000,000[33] - The company will provide management services to Lian Wang Limited under a management agreement following the acquisition[34] - The company completed the acquisition of 90.1% of Pet Supermarket Limited for HKD 1,000,000, with the financial data of Pet Supermarket to be consolidated into the group's financial statements[37] Corporate Governance - The company has adhered to the GEM Listing Rules and corporate governance standards, ensuring the protection of shareholder interests[50] - The company has established an audit committee responsible for reviewing financial reports and internal control processes[52] - The company has confirmed compliance with trading regulations as per GEM Listing Rules, with all directors adhering to the standards[49] - The company’s financial performance for the three months ending June 30, 2023, has been reviewed by the audit committee, ensuring compliance with applicable accounting standards[51] - The company has established a Compensation Committee consisting of four independent non-executive directors and three executive directors to review and set the remuneration policy for directors and senior management based on operational performance and market practices[53] - A Nomination Committee has been formed with four independent non-executive directors and three executive directors to review and recommend any proposed changes to the board of directors[54] - The company has implemented written guidelines for employees regarding securities trading to ensure compliance with insider trading regulations[55] - The board of directors includes four executive directors and four independent non-executive directors, ensuring a balanced governance structure[56]
仍志集团控股(08079) - 2024 Q1 - 季度财报