Financial Performance - For the nine months ended September 30, 2021, the group's revenue was approximately HKD 5.5 million, a decrease of about 85.8% compared to approximately HKD 39.1 million for the same period in 2020[6] - Revenue from electronic gaming equipment sales and distribution decreased by approximately 89.4% to about HKD 3.8 million from approximately HKD 36.1 million in the same period last year[6] - The group recorded a total comprehensive loss of approximately HKD 13.0 million, a decrease of 44.7% compared to a loss of approximately HKD 23.5 million in the same period last year[6] - The gross profit for the nine months ended September 30, 2021, was HKD 603,132, down from HKD 12.97 million in the same period of 2020[7] - Operating expenses for the period were HKD 13.5 million, compared to HKD 14.6 million in the same period last year[7] - The basic loss per share for the period was HKD 0.01, compared to HKD 0.02 for the same period in 2020[7] - Total revenue for the nine months ended September 30, 2021, was HKD 5,548,387, a decrease of 85.8% compared to HKD 39,139,851 for the same period in 2020[34] - Revenue from electronic gaming equipment sales and distribution was HKD 3,845,831, down 89.4% from HKD 36,139,432 year-on-year[34] - Gross profit for the nine months ended September 30, 2021, was HKD 603,132, with a gross margin of 10.9%, down from 33.1% in the same period last year[36][38] - The company reported a loss attributable to shareholders of HKD 13,006,806 for the nine months ended September 30, 2021, compared to a loss of HKD 23,499,372 in the same period last year[24] - The company recorded an unaudited loss attributable to shareholders of approximately HKD 13,000,000 for the period, compared to HKD 23,500,000 in the same period last year[43] Dividend Policy - The board of directors decided not to declare any dividends for the period, consistent with the previous year[6] - The company did not declare any dividends for the period[25] - The board decided not to declare any dividends for the period, consistent with the previous year[57] Revenue Breakdown - Revenue from the technical sales and distribution segment decreased by approximately 89.4%[33] - Revenue from the consulting and technical services segment decreased by approximately 32.2%[33] - Revenue from the maintenance services segment decreased by approximately 65.3%[33] - 79% of the company's revenue came from customers in the Macau SAR, while 21% came from outside the region[17] Corporate Governance - The financial statements were prepared in accordance with International Financial Reporting Standards and the GEM Listing Rules, ensuring compliance and transparency[13] - The company has complied with all applicable corporate governance codes during the reporting period[68] - The audit committee has reviewed the unaudited consolidated financial statements and confirmed compliance with applicable accounting standards[74] - The company has maintained a stable governance structure with three independent non-executive directors on the audit committee[71] Shareholder Information - As of September 30, 2021, the company's executives collectively own 733,710,000 shares, representing 73.37% of the total issued shares[60] - The total number of issued shares as of September 30, 2021, is 1,000,000,000[65] - The executives have been acquiring shares consistently, with ownership increasing from 72.51% to 73.37% over the reporting period[65] - No other individuals or entities outside of the board and executives hold 5% or more of the company's shares as of September 30, 2021[64] - The executives are bound by a concerted action agreement, ensuring coordinated actions in share ownership[65] Current Assets and Liabilities - As of September 30, 2021, the company's net current assets were approximately HKD 40,100,000, down from HKD 53,500,000 as of December 31, 2020[44] - The company had no bank borrowings or overdrafts as of September 30, 2021, and maintained a stable capital structure[44] Business Initiatives - The company has installed 16 smart vending machines in the Macau SAR and plans to expand this initiative[30] - The smart vending machine business aims to cater to tourists and mobile consumers, leveraging the company's experience in maintenance and software integration[29] - The company is implementing a diversification strategy through its subsidiary, focusing on the growing smart vending market[29] Other Financial Information - There were no significant investments or acquisitions made during the period[47] - The company reported a foreign exchange loss of HKD 59,265 during the period, compared to a foreign exchange gain of HKD 21,692 in the same period last year[56] - The company did not repurchase any of its listed securities during the reporting period[69] - There have been no significant events or disclosures required after the reporting period up to the report date[70]
亚洲先锋娱乐(08400) - 2021 Q3 - 季度财报