Financial Performance - The Group's revenue for the three months ended June 30, 2021, was approximately HK$47.3 million, a decrease of approximately HK$15.8 million or 25.0% compared to HK$63.1 million for the same period in 2020[19] - The gross profit for the same period was approximately HK$16.7 million, compared to approximately HK$14.1 million in 2020[19] - The net profit for the three months ended June 30, 2021, amounted to approximately HK$5.8 million, an increase from approximately HK$5.3 million in 2020[20] - Revenue for the three months ended June 30, 2021, was HK$47,325,000, a decrease of 25.0% compared to HK$63,095,000 for the same period in 2020[24] - Gross profit increased to HK$16,716,000, up 18.4% from HK$14,116,000 in the previous year[24] - Profit before tax for the period was HK$6,844,000, representing an increase of 11.8% from HK$6,121,000 in 2020[24] - Profit attributable to owners of the Company was HK$5,818,000, an increase of 10.7% compared to HK$5,257,000 in the same period last year[24] - Basic earnings per share increased to HK1.47 cents, up from HK1.33 cents in the previous year, reflecting a growth of 10.5%[24] Dividend and Shareholder Information - The Board does not recommend the payment of an interim dividend for the three months ended June 30, 2021, consistent with the previous year[20] - The Group does not recommend the payment of any dividend for the three months ended June 30, 2021[57] - On July 5, 2021, 2,375,000 shares were awarded to eligible employees, representing approximately 0.6% of the total number of shares in issue[101] - As of June 30, 2021, the total number of issued shares was 402,500,000[126] - Mr. KM Luk holds 100,000,000 shares directly and is deemed to be interested in an additional 57,000,000 shares through his spouse, totaling 157,000,000 shares, representing 39.01% of the company[126] - KML Holdings, a controlled corporation, holds 138,000,000 shares, accounting for 34.29% of the company[129] - Mr. YC Luk is deemed to be interested in 138,600,000 shares through his spouse, representing 34.43% of the company[129] - Mr. CL Chan directly holds 2,000,000 shares and has options to subscribe for an additional 2,000,000 shares[126] Operational Efficiency and Strategic Direction - The Company continues to focus on enhancing its operational efficiency to improve future financial performance[19] - The management discussion and analysis section provides insights into the Group's strategic direction and market positioning[11] - The Group remains committed to exploring new market opportunities and potential technological advancements[19] - The Company continues to focus on providing mechanical and electrical engineering solutions and services, with plans for market expansion and new product development in the upcoming quarters[30] - The Group's performance reflects the challenges faced in the market, necessitating strategic adjustments moving forward[19] Market and Contract Information - The Group submitted 71 tenders and quotations during the three months ended June 30, 2021, resulting in 27 contracts awarded, down from 81 tenders and 39 contracts in 2020[68] - As of June 30, 2021, the total value of outstanding contracts was approximately HK$363.6 million, including HK$52.4 million awarded during the three months ended June 30, 2021[68] - The total value of outstanding contracts in the Mobile Ticketing and Digital Payment Solutions segment was approximately HK$132.6 million as of June 30, 2021[76] - The total value of outstanding contracts in the Digital Fabrication and Maintenance Services segment was approximately HK$20.3 million as of June 30, 2021[81] - The total value of outstanding contracts in the M&E Technology Solutions and Engineering Services segment was approximately HK$174.9 million as of June 30, 2021, including two new major projects worth approximately HK$50.0 million[85] Cost Management - Administrative expenses decreased slightly to HK$10,068,000 from HK$10,311,000 in the same period last year, a reduction of 2.4%[24] - Finance costs decreased significantly to HK$27,000 from HK$92,000, a reduction of 70.7%[24] - Other income decreased to HK$129,000 from HK$2,085,000, a decline of 93.8% year-over-year[24] - The cost of sales decreased by approximately 37.6% from approximately HK$49.0 million for the three months ended June 30, 2020, to approximately HK$30.6 million for the three months ended June 30, 2021[97] - Administrative expenses decreased by approximately 1.9% from approximately HK$10.3 million for the three months ended June 30, 2020, to approximately HK$10.1 million for the three months ended June 30, 2021[98] Compliance and Governance - The financial report is prepared in compliance with the GEM Listing Rules, ensuring accuracy and completeness of the information provided[5] - The report is available in both English and Chinese on the Company's website, ensuring accessibility for stakeholders[6] - The Company complied with all applicable code provisions of the Corporate Governance Code during the three months ended June 30, 2021[109] - The company maintains compliance with the SFO regarding the disclosure of interests and short positions[131] Shareholder Interests - As of June 30, 2021, no other directors or chief executives had any interests or short positions in the shares of the company that required disclosure[124] - The company has not identified any substantial shareholders with interests or short positions that require disclosure under the SFO, apart from those mentioned[131] - The total interest of Madam Leung, including her spouse's interest, is 157,000,000 shares, which is 39.01% of the company[129] - The interests of Mr. KL Luk and Mr. YC Luk in KML Holdings represent 138,000,000 shares, which is 34.29% of the company[129] Future Outlook - The company did not disclose any future performance guidance or outlook in the provided documents[138] - The report does not indicate any new strategies being implemented by the company[138] - The company has not reported any new product or technology developments in the current quarter[138] - There were no significant market expansions or acquisitions mentioned in the report[138]
高萌科技(08065) - 2022 Q1 - 季度财报