Financial Performance - The Group's revenue increased to approximately HK$96.5 million, representing a 34.0% growth compared to HK$72.0 million for the nine months ended December 31, 2019[11]. - Gross profit rose by 66.3% from approximately HK$21.5 million for the nine months ended December 31, 2019, to approximately HK$35.8 million for the same period in 2020[11]. - The gross profit margin improved from 29.9% for the nine months ended December 31, 2019, to 37.1% for the same period in 2020[11]. - Profit for the Group increased from approximately HK$3.9 million for the nine months ended December 31, 2019, to approximately HK$16.7 million for the same period in 2020[11]. - The operating profit for the nine months ended December 31, 2020, was HK$20.07 million, compared to HK$4.77 million for the same period in 2019[15]. - Profit before income tax for the nine months ended December 31, 2020, was HK$19.83 million, up from HK$4.53 million for the same period in 2019[15]. - Profit attributable to owners of the Company for the nine months ended December 31, 2020, was HK$16,775,127, compared to HK$3,950,352 for the same period in 2019, representing a 324.5% increase[18]. - Total comprehensive income for the nine months ended December 31, 2020, was HK$16,793,736, compared to HK$3,878,384 for the same period in 2019, showing a significant increase of 333.5%[18]. Earnings and Dividends - The Group did not recommend the payment of an interim dividend for the nine months ended December 31, 2020 (2019: Nil)[11]. - The Company has not declared any dividends for the period, maintaining a focus on reinvestment[21]. - The Company did not recommend the payment of an interim dividend for the nine months ended December 31, 2020, consistent with the previous year[51]. Revenue Sources - Revenue for the nine months ended 31 December 2020 was HK$96,458,735, an increase of 34% compared to HK$71,994,863 for the same period in 2019[31]. - Revenue from customers located in Hong Kong was HK$91,529,639, up from HK$65,153,818 in 2019, representing an increase of 40.5%[43]. - Revenue from customers in Macau decreased to HK$4,929,096 from HK$6,841,045, a decline of 28%[45]. - The Group's ancillary services revenue for the nine months ended December 31, 2020 was HK$10,163,765, an increase of 81% from HK$5,584,045 in 2019[31]. Expenses and Costs - The cost of sales for the nine months ended December 31, 2020, was HK$60.66 million, compared to HK$50.47 million for the same period in 2019[15]. - General and administrative expenses for the nine months ended December 31, 2020, totaled HK$1.21 million, compared to HK$814,544 for the same period in 2019[15]. - The cost of materials used increased to HK$34.3 million for the nine months ended December 31, 2020, compared to HK$27.3 million for the same period in 2019[62]. - Employee benefit expenses rose to HK$11.1 million for the nine months ended December 31, 2020, up from HK$10.8 million in the same period of 2019[62]. - Subcontractor costs increased to HK$22.3 million for the nine months ended December 31, 2020, compared to HK$19.5 million for the same period in 2019[62]. Subsidies and Financial Support - The Group received subsidies of HK$1,450,277 from the COVID-19 Anti-epidemic Fund and other subsidy schemes[47]. - The Group received approximately HK$1.5 million in subsidies from the COVID-19 prevention fund and other subsidy programs in Hong Kong and Macau, compared to none in 2019[80]. Shareholder Information - Mr. Kwong beneficially owns 70% of Sage City, which holds approximately 64.34% of the issued share capital of the Company[118]. - As of December 31, 2020, Sage City held 386,016,000 shares, representing a 64.34% shareholding in the Company[116]. - Ms. Li Chuen Chun, spouse of Mr. Kwong, is deemed to be interested in all shares of the Company in which Mr. Kwong is interested[119]. - No directors or chief executive officers had any interests or short positions in the shares of the Company or associated corporations as of December 31, 2020[120]. Compliance and Governance - The Company has complied with the principles and applicable code provisions of the Corporate Governance Code for the nine months ended December 31, 2020[129]. - The Audit Committee has reviewed the Group's unaudited condensed consolidated financial results for the nine months ended December 31, 2020[136]. - The Company has confirmed that all directors fully complied with the trading code of conduct during the nine months ended December 31, 2020[126]. - No competing interests were reported by directors or controlling shareholders during the nine months ended December 31, 2020[121].
邝文记(08023) - 2021 Q3 - 季度财报