Financial Performance - Revenue for the three months ended June 30, 2019, was HKD 7,135,000, a decrease of 50.8% compared to HKD 14,490,000 for the same period in 2018[5] - Gross profit for the same period was HKD 2,704,000, down 29.5% from HKD 3,836,000 year-on-year[5] - Profit before tax decreased to HKD 254,000, a decline of 81.8% from HKD 1,396,000 in the previous year[5] - Net profit attributable to owners of the company was HKD 125,000, down 88.5% from HKD 1,083,000 in the same quarter of 2018[5] - Basic and diluted earnings per share were 0.03 cents, compared to 0.26 cents for the same period last year[5] - Total comprehensive income for the period was HKD 125,000, significantly lower than HKD 1,083,000 in the same quarter of 2018[5] Expenses and Assets - Administrative expenses were HKD 2,524,000, slightly decreased from HKD 2,546,000 in the previous year[5] - As of June 30, 2019, the company's current assets net amounted to approximately HKD 41.2 million, up from HKD 29.9 million as of March 31, 2019[32] - The income tax expense for the three months ended June 30, 2019, was approximately HKD 0.1 million, a decrease from HKD 0.3 million in 2018[30] - The company reported a total equity of HKD 45,437,000 as of June 30, 2019, compared to HKD 51,550,000 a year earlier[7] - The company’s capital as of June 30, 2019, amounted to approximately HKD 45.4 million, an increase from HKD 42.9 million as of March 31, 2019[32] Business Operations - The company operates primarily in Hong Kong, with all revenue generated from this region[15] - The company continues to focus on providing comprehensive construction and structural engineering consultancy services[10] - The company plans to expand its business scope and service coverage to capture new market opportunities for long-term development[25] - The company does not recommend the payment of an interim dividend for the three months ended June 30, 2019[21] Shareholding Structure - As of June 30, 2019, the company had 418,000,000 shares issued, with 194,800,000 shares (46.60%) held by Energetic Way Limited, controlled equally by Mr. Pan and Ms. Chan[46][48] - Major shareholder Energetic Way Limited holds 194,800,000 shares, representing 46.60% of the issued share capital[48] - Mr. Ke holds 83,624,000 shares, accounting for 20.01% of the issued share capital[48] - Mr. Zhang and Ms. Wang each hold 24,000,000 shares, representing 5.74% of the issued share capital[48] - The percentage of shares held by directors and senior management is based on the total issued shares as of June 30, 2019[46] Stock Options and Corporate Governance - The company has a stock option plan effective from December 12, 2016, allowing for the issuance of up to 41,800,000 shares, which is approximately 10% of the issued share capital at the time of adoption[56] - The stock option plan is designed to incentivize employees and other qualified participants[54] - The company has not granted any stock options since the adoption of the stock option plan[60] - The company has established an audit committee consisting of three independent non-executive directors to review and supervise the financial reporting process and internal control systems[69] - The company has adhered to the corporate governance code as per GEM listing rules throughout the reporting period[66] - The company is committed to high standards of corporate governance to protect shareholder interests and enhance corporate value[66] Compliance and Interests - The company is subject to the disclosure requirements under the Securities and Futures Ordinance[53] - There were no interests held by directors, major shareholders, or their associates in any business that competes directly or indirectly with the company as of June 30, 2019[62] - The company has not issued any stock options exceeding the limit set by the stock option plan without shareholder approval[59] - The company’s board of directors has confirmed compliance with trading standards during the reporting period[63] - No shares were purchased, sold, or redeemed by the company or its subsidiaries during the three months ending June 30, 2019[65] - The company has not established a CEO position; daily operations are overseen by executive directors and senior management[67] - The company and its subsidiaries did not engage in any arrangements that would allow directors to benefit from purchasing shares or debentures of the company or any other corporate entity[61] - No other individuals or entities, apart from those disclosed, hold any recorded interests in the company's shares as of June 30, 2019[52]
中国来骑哦(08039) - 2020 Q1 - 季度财报