Financial Performance - For the three months ended June 30, 2021, the group's unaudited revenue was approximately HKD 894,000, a decrease of about 39% compared to HKD 1,466,000 for the same period in 2020[5] - The group recorded an unaudited consolidated loss attributable to owners of the company from continuing operations of approximately HKD 1,977,000, compared to a loss of HKD 2,001,000 in the same period of 2020[5] - The loss per share from continuing operations for the three months ended June 30, 2021, was HKD 0.08, consistent with the loss per share of HKD 0.08 in the same period of 2020[19] - Revenue for the three months ended June 30, 2021, decreased by approximately 39% to HKD 894,000 compared to HKD 1,466,000 in the same period of 2020[46] - The loss attributable to owners of the company from continuing operations for the three months ended June 30, 2021, was approximately HKD 1,977,000, compared to a loss of HKD 2,001,000 in the same period of 2020[46] - The total comprehensive loss for the period was HKD 1,977,000, compared to HKD 2,044,000 for the same period in 2020[18] - The company reported a pre-tax loss of HKD 1,925,000 for the three months ended June 30, 2021, compared to a pre-tax loss of HKD 2,001,000 in the same period of 2020[32] Operating Costs and Expenses - The group's operating costs for the three months ended June 30, 2021, were HKD 273,000, down from HKD 791,000 in the same period of 2020[9] - Administrative and operating expenses for the three months ended June 30, 2021, were HKD 2,514,000, slightly down from HKD 2,589,000 in the same period of 2020[10] - Administrative and operating expenses for the three months ended June 30, 2021, decreased by approximately 2.9% to about HKD 2,514,000 from approximately HKD 2,589,000 in the same period of 2020[46] - The interest on lease liabilities for the three months ended June 30, 2021, was HKD 32,000, down from HKD 87,000 in the same period of 2020[31] - As of June 30, 2021, the total employee benefits expenditure (including director remuneration) was approximately HKD 1,060,000, a decrease of about 25% from HKD 1,410,000 for the same period in 2020[51] Business Operations - The group operates primarily in dry bulk shipping and shipping agency services, as well as IP automation and entertainment businesses[23] - The IP automation and entertainment business generated revenue of approximately HKD 894,000, a decrease of about 39.5% from HKD 1,466,000 in the previous year[45] - The net loss from the dry bulk shipping and agency services was approximately HKD 19,000 for the three months ended June 30, 2021, compared to a net loss of approximately HKD 238,080 in the same period of 2020[44] Shareholder Information - As of June 30, 2021, the company’s major shareholders included Refulgent Sunrise Limited, holding 229,062,500 shares (9.26% of the company’s equity) and Zhao Genlong, holding 200,000,000 shares (8.09%)[60] - Ms. He Chaoyuan holds a total of 636,952,500 shares/related shares, representing approximately 25.76% of the company's equity[57] - The weighted average number of ordinary shares for the three months ended June 30, 2021, was 2,472,959,000 shares, unchanged from the previous year[40] Dividend Policy - The company did not recommend the payment of any dividends for the three months ended June 30, 2021[5] - The company did not recommend any dividend for the three months ended June 30, 2021, consistent with the same period in 2020[37] Future Plans and Developments - The company plans to develop a comprehensive entertainment venue exceeding 7,000 square feet in Westwood in Q4 2021, introducing elements such as e-sports and STEAM education[53] - Mobile/pop-up amusement parks will be launched in various shopping centers across Hong Kong, with confirmed locations including Whampoa in July 2021 and West Point City in August 2021[53] - The company aims to enhance its entertainment offerings to attract more visitors and generate additional revenue streams[53] Employee Information - The company employed 18 full-time employees and 4 consultants as of June 30, 2021, compared to 19 full-time employees and 4 part-time employees in the previous year[51] - The company’s employee remuneration is determined based on market terms and individual performance, qualifications, and experience[51] - The company has adopted a share option scheme to reward eligible participants, including full-time employees, for their contributions[54] - The company’s stock options granted as of June 30, 2021, are subject to specific terms outlined in the company’s prospectus[54] Compliance and Governance - The financial statements were prepared in accordance with the Hong Kong Financial Reporting Standards and GEM Listing Rules, with no significant impact from the adoption of new standards[24] - The company has adopted a code of conduct regarding securities trading by directors, which complies with GEM Listing Rules[66] - The audit committee, consisting of three independent non-executive directors, reviewed the unaudited condensed consolidated financial statements for the first quarter ended June 30, 2021, ensuring compliance with applicable accounting standards[69] Share Transactions - No shares or debt securities of the company were purchased, redeemed, or sold by the company or its subsidiaries during the three months ended June 30, 2021[64]
宏海控股集团(08020) - 2022 Q1 - 季度财报