Financial Performance - For the three months ended June 30, 2021, the company reported a revenue of HKD 8,030,000, a slight decrease of 0.37% compared to HKD 8,060,000 for the same period in 2020[6] - The gross profit for the same period was HKD 1,802,000, significantly up from HKD 408,000 in the previous year, indicating a substantial improvement in gross margin[6] - The company recorded a loss attributable to owners of HKD 456,000, compared to a loss of HKD 1,758,000 in the prior year, reflecting a 74% reduction in losses[6] - Basic loss per share improved to HKD 0.11 from HKD 0.42 year-over-year, showing a positive trend in per-share performance[6] - The total comprehensive loss for the period was HKD 456,000, down from HKD 1,758,000 in the previous year, indicating improved overall financial health[6] - The company's accumulated losses increased to HKD 45,584,000 as of June 30, 2021, from HKD 45,128,000 at the beginning of the period[8] - The company's revenue for the three months ended June 30, 2021, was approximately HKD 8.0 million, compared to HKD 8.1 million for the same period in 2020, indicating stability year-over-year[25] - The loss attributable to the company's owners for the three months ended June 30, 2021, was approximately HKD 0.5 million, a decrease from a loss of HKD 1.8 million in the same period of 2020[31] - The gross profit margin increased from approximately 5.1% for the three months ended June 30, 2020, to approximately 22.4% for the same period in 2021, primarily due to higher profit margin contributions from projects[28] Administrative Expenses - Administrative expenses decreased to HKD 2,069,000 from HKD 2,855,000, representing a reduction of approximately 27.5%[6] - Administrative expenses for the three months ended June 30, 2021, totaled approximately HKD 2.1 million, down from HKD 2.9 million in 2020, mainly due to reduced legal and professional fees[29] Operations and Market Focus - The company continues to focus on providing comprehensive construction and structural engineering consultancy services, with all operations based in Hong Kong[11][17] - There were no new product developments or market expansions reported during this quarter[6][11] - The company plans to expand its range of construction-related services to capture new market opportunities and contribute long-term returns to shareholders[25] - The company is seeking to maintain normal operations by negotiating with subcontractors, reducing expenses, and closely monitoring the recoverability of receivables due to the uncertain economic environment[25] Shareholder Information - As of June 30, 2021, Mr. Pan holds 194,800,000 shares, representing approximately 46.60% of the issued shares through Energetic Way Limited[43] - Energetic Way Limited, co-owned by Mr. Pan and his spouse, also holds 194,800,000 shares, accounting for 46.60% of the issued shares[46] - Mr. Ke holds 69,168,000 shares, which is approximately 16.55% of the issued shares[46] - The maximum number of shares available for issuance under the share option scheme is 41,800,000 shares, representing about 10% of the issued share capital at the time of adoption[51] - The total number of shares that can be issued due to the exercise of options granted under any share option scheme shall not exceed 1% of the total issued shares in any twelve-month period[52] - No share options have been granted since the adoption of the share option scheme[54] - There are no arrangements for directors to benefit from acquiring shares or debentures of the company or any other corporation during the three months ending June 30, 2021[55] - No directors or major shareholders have any interests in businesses that directly or indirectly compete with the group as of June 30, 2021[56] Corporate Governance - The company is committed to high standards of corporate governance to protect shareholder interests and enhance corporate value[56] - The company has complied with all provisions of the corporate governance code, except for the separation of the roles of Chairman and CEO, which are held by the same individual[57] Other Financial Activities - The company had no collateral arrangements with any financial institutions as of June 30, 2021[35] - The total employee and director remuneration for the three months ended June 30, 2021, was approximately HKD 5.2 million, compared to HKD 4.3 million in 2020[34] - The company has entered into a placement agreement to issue up to 75,000,000 placement shares at a price of HKD 0.137 per share, subject to approval from the stock exchange[41] - No shares were purchased, sold, or redeemed by the company or its subsidiaries during the three months ended June 30, 2021[60] - The unaudited financial performance for the three months ended June 30, 2021, has been reviewed by the company's audit committee, consisting of three independent non-executive directors[61]
中国来骑哦(08039) - 2022 Q1 - 季度财报