Financial Performance - For the nine months ended December 31, 2020, the group's unaudited revenue reached HKD 5,737,000, a decrease of approximately 83.7% compared to the same period in 2019[5]. - The company reported a consolidated loss attributable to owners of approximately HKD 8,246,000 for the nine months ended December 31, 2020, compared to a loss of approximately HKD 7,262,000 in the same period of 2019[5]. - The loss per share for the nine months ended December 31, 2020, was approximately HKD 0.33[5]. - For the three months ended December 31, 2020, the group's revenue was HKD 1,989,000, down from HKD 6,137,000 in the same period of 2019[7]. - The company experienced significant financial challenges, reflected in the substantial decrease in revenue and increase in losses compared to the previous year[5]. - The company reported a total comprehensive loss of HKD 8,246,000 for the nine months ended December 31, 2020, compared to a loss of HKD 7,262,000 for the same period in 2019[13]. - The company incurred a loss before tax of HKD 7,132,000 for the nine months ended December 31, 2020, compared to a loss of HKD 5,334,000 in 2019[27]. - The company recorded a net loss of approximately HKD 667,000 in its dry bulk shipping business for the nine months ended December 31, 2020, compared to a net profit in the same period last year[54]. - The company reported a loss of approximately HKD 2,883,000 in its IP automation and entertainment business for the review period[55]. Revenue Breakdown - Revenue from dry bulk shipping and agency services was HKD 34,822,000 for the nine months ended December 31, 2019, while it was zero for the same period in 2020[20]. - Revenue from IP automation and entertainment business increased to HKD 5,737,000 for the nine months ended December 31, 2020, compared to HKD 412,000 in 2019[21]. - The company’s total revenue for the nine months ended December 31, 2020, was HKD 6,137,000, down from HKD 35,234,000 in 2019[22]. - For the nine months ended December 31, 2020, the company's revenue decreased by approximately 83.7% to about HKD 5,737,000, down from HKD 35,234,000 in the same period last year[58]. Expenses - The cost of sales for the three months ended December 31, 2020, was HKD (2,153,000), compared to HKD (5,686,000) in the same period of 2019[7]. - The administrative and operating expenses for the nine months ended December 31, 2020, totaled HKD (8,835,000), compared to HKD (6,832,000) in the same period of 2019[7]. - The company’s employee benefits expenses for the nine months ended December 31, 2020, amounted to approximately HKD 4,438,000, compared to HKD 3,104,000 in the previous year[62]. - The company’s financing costs for the nine months ended December 31, 2020, were HKD 266,000, an increase from HKD 204,000 in the previous year[42]. - The company reported administrative expenses of HKD 1,904,000 for the period[36]. - The financing costs for the period were HKD 6,000[37]. Dividends and Shareholder Information - The company did not recommend the payment of any dividends for the nine months ended December 31, 2020[5]. - The company did not purchase, redeem, or sell any of its listed shares during the nine months ending December 31, 2020[76]. - No rights were granted to any directors or their immediate family members to acquire shares or debt securities of the company during the reporting period[75]. - The company has ensured compliance with all relevant regulations regarding the disclosure of shareholdings by directors and major shareholders[73]. - As of December 31, 2020, the company had a total of 636,952,500 shares, representing approximately 25.68% of the company's equity, held by Ms. He Chaoqian[69]. - Ms. He Chaoqian personally holds 407,890,000 shares, accounting for 16.49% of the company's equity[67]. - Refulgent Sunrise Limited, owned 36% by Ms. He Chaoqian, holds 229,062,500 shares, representing 9.26% of the company's equity[72]. Corporate Governance - The company has adopted a code of conduct for securities trading by directors, which complies with GEM listing rules[78]. - The company has complied with all provisions of the GEM Listing Rules Appendix 15 Corporate Governance Code, except for the absence of the chairman at the annual general meeting due to other important duties[79]. - The chairman, Ms. Ho Chiu-Yin, was unable to attend the annual general meeting held on September 30, 2020, but the executive director, Mr. Liu Ling-De, chaired the meeting and addressed shareholder questions[80]. - The Audit Committee, established on September 21, 2011, consists of three independent non-executive directors and has reviewed the unaudited condensed consolidated financial statements for the nine months ended December 31, 2020[81]. - The Audit Committee believes that the financial statements comply with applicable accounting standards and have made adequate disclosures[81]. - The company’s executive directors include Ms. Ho Chiu-Yin (Chairman), Mr. Liu Ling-De, Ms. Wen Ying-Yi, and Mr. Wang Qiang, with independent non-executive directors being Mr. Shao Zhi-Yao, Mr. Li Zhi-Qiang, and Dr. Zhou Hao-Yun[82]. Employment - The company employed 20 full-time and 4 part-time employees as of December 31, 2020, compared to 15 full-time employees in the previous year[62]. - The company has a stock option plan that allows selected participants, including full-time employees, to acquire shares[66]. - As of December 31, 2020, no directors or key executives held any interests in businesses that could significantly compete with the company[77]. - The company reported no changes in the shareholdings of directors and key executives that required disclosure under the Securities and Futures Ordinance[70]. Future Plans - The company plans to continue monitoring and reviewing its shipping and IP automation businesses while actively exploring new business opportunities[63].
宏海控股集团(08020) - 2021 Q3 - 季度财报