Financial Performance - For the nine months ended December 31, 2018, the group's unaudited revenue was HKD 76,957,000, a decrease of approximately 19.3% compared to the same period in 2017[4]. - The profit attributable to owners of the company for the nine months ended December 31, 2018, was approximately HKD 782,000, an improvement from a loss of HKD 4,074,000 in the same period of 2017[4]. - The earnings per share for the nine months ended December 31, 2018, was approximately HKD 0.03, compared to a loss per share of HKD 0.17 in the same period of 2017[4]. - The gross profit for the nine months ended December 31, 2018, was HKD 14,550,000, compared to HKD 11,934,000 for the same period in 2017, indicating a positive trend[6]. - The total comprehensive income for the nine months ended December 31, 2018, was HKD 782,000, a turnaround from a total comprehensive loss of HKD 4,074,000 in the same period of 2017[8]. - The company recorded a profit before tax of HKD 2,461,000 for the nine months ended December 31, 2018, compared to a loss of HKD 4,046,000 in the same period of 2017[17]. - The company reported a net profit of HKD 782,000 for the nine months ended December 31, 2018, compared to a net loss of HKD 4,074,000 for the same period in 2017[25]. Revenue Breakdown - The corporate finance advisory service revenue for the nine months ended December 31, 2018, was HKD 2,099,000, down about 57% from HKD 4,885,000 in the same period of 2017[30]. - The dry bulk shipping service revenue for the nine months ended December 31, 2018, was HKD 74,858,000, a decrease of approximately 17.3% compared to HKD 90,498,000 in the same period of 2017[31]. - For the nine months ended December 31, 2018, the company reported revenue of HKD 76,957,000, a decrease of approximately 19.2% compared to HKD 95,383,000 for the same period in 2017[15]. - The company's total revenue for the three months ended December 31, 2018, was HKD 23,600,000, a decrease of approximately 41.3% from HKD 40,193,000 in the same period of 2017[15]. Expenses and Costs - The administrative and operating expenses for the nine months ended December 31, 2018, were HKD 12,631,000, down from HKD 15,982,000 in the same period of 2017[6]. - The financing costs for the nine months ended December 31, 2018, were zero, compared to HKD 4,301,000 in the same period of 2017, reflecting a significant reduction[6]. - The company’s total expenses for the nine months ended December 31, 2018, included salaries and wages of HKD 8,651,000, down from HKD 12,664,000 in the same period of 2017[20]. - The total employee benefit expenses for the nine months ended December 31, 2018, were approximately HKD 8,835,000, down from HKD 12,855,000 in 2017[38]. Dividend Policy - The company does not recommend the payment of dividends for the nine months ended December 31, 2018[4]. - The company did not recommend any dividend payment for the nine months ended December 31, 2018[23]. Company Overview - The company operates primarily in providing corporate finance advisory services and shipping and logistics businesses in Hong Kong and China[11]. - The company was incorporated in the Cayman Islands and listed on the GEM of the Hong Kong Stock Exchange on October 12, 2011[11]. - The group has no mortgaged assets as of December 31, 2018, consistent with the previous year[37]. Shareholding Structure - Major shareholders include Ms. He Chaoyan with a 16.42% stake and Ms. Wen Yingyi with a 17.79% stake in the company[46]. - As of December 31, 2018, Ms. He Chaoyan holds a total of 635,062,500 shares, representing approximately 25.68% of the company's equity[49]. - Refulgent Sunrise Limited, in which Ms. He owns 36%, holds 229,062,500 shares, accounting for 9.26% of the company's equity[50]. - Zhao Genlong holds 200,000,000 shares, representing 8.09% of the company's equity[50]. Management and Future Outlook - The management remains optimistic about potential opportunities in the corporate finance advisory and shipping and logistics sectors despite global economic uncertainties[39]. - The company plans to strengthen its core business by enhancing technological capabilities, expanding alliance networks, and increasing public awareness[39]. Audit and Compliance - The audit committee, consisting of four independent non-executive directors, reviewed the unaudited condensed consolidated financial statements for the nine months ending December 31, 2018[61]. - The company did not purchase, redeem, or sell any of its listed shares during the nine months ending December 31, 2018[54].
宏海控股集团(08020) - 2019 Q3 - 季度财报