Financial Performance - The company recorded an unaudited revenue of approximately HKD 11,400,000 for the three months ended June 30, 2021, representing an increase of approximately 9.1% compared to HKD 10,400,000 for the same period in 2020[3]. - The unaudited profit attributable to owners of the company for the three months ended June 30, 2021, was approximately HKD 12,300,000, compared to HKD 8,800,000 for the same period in 2020[3]. - Basic and diluted earnings per share for the three months ended June 30, 2021, were both approximately HKD 0.56, compared to HKD 0.40 for the same period in 2020[3]. - The company reported a pre-tax profit of HKD 13,769,384 for the three months ended June 30, 2021, compared to HKD 10,150,991 for the same period in 2020[6]. - Total comprehensive income attributable to owners for the three months ended June 30, 2021, was HKD 12,314,691, compared to HKD 11,442,493 for the same period in 2020[6]. - The net profit attributable to the owners of the company for the three months ended June 30, 2021, was HKD 12,343,323, compared to HKD 8,783,983 in the same period of 2020[23]. Revenue Sources - The total revenue and investment income for the three months ended June 30, 2021, was approximately HKD 18,300,000, an increase of about 34.4% or approximately HKD 4,700,000 compared to HKD 13,600,000 in the same period of 2020[29]. - The commission and brokerage fees from securities trading for the three months ended June 30, 2021, were approximately HKD 1,500,000, compared to approximately HKD 1,600,000 in the same period of 2020[30]. - The total trading volume for securities transactions increased approximately 666.3% to about HKD 28,689,400,000 for the three months ended June 30, 2021, from approximately HKD 3,743,500,000 in the same period of 2020[30]. - Interest income from loans and financing activities for the three months ended June 30, 2021, was approximately HKD 5,600,000, compared to approximately HKD 5,000,000 in the same period of 2020[33]. - The interest income from financial assets measured at fair value through profit or loss for the three months ended June 30, 2021, was approximately HKD 700,000, compared to approximately HKD 100,000 in the same period of 2020[34]. Expenses and Equity - Administrative expenses for the three months ended June 30, 2021, were HKD (4,355,947), compared to HKD (3,675,393) for the same period in 2020[6]. - The company’s total equity attributable to owners as of June 30, 2021, was HKD 245,100,475, compared to HKD 236,488,334 as of June 30, 2020[9]. - The Hong Kong profit tax expense for the three months ended June 30, 2021, was HKD 1,127,982, compared to HKD 915,500 in the same period of 2020[19]. Corporate Governance - The company has not adopted any new Hong Kong Financial Reporting Standards that have been issued but are not yet effective[13]. - The audit committee, consisting of three independent non-executive directors, reviewed the unaudited consolidated results for the three months ending June 30, 2021, ensuring compliance with applicable accounting standards[63]. - The company has adopted a code of conduct for securities trading, confirming compliance by all directors during the three months ending June 30, 2021[58]. - The company is committed to high standards of corporate governance and has complied with all relevant GEM listing rules during the reporting period[59]. - No directors were aware of any business interests that may compete with the company during the three months ending June 30, 2021[56]. Future Outlook and Strategy - The company expects the financial and overall impact of COVID-19 to begin to wane as global vaccination programs are rolled out, which will attract more capital into the Hong Kong securities market[39]. - The group aims to expand its client base and strengthen its trading platform to develop its brokerage and underwriting businesses[39]. - The group has no plans for significant investments or acquisitions of capital assets as of June 30, 2021, but will actively seek investment opportunities to enhance profitability[38]. Share Options and Ownership - The new share option scheme allows for a total of up to 220,000,000 shares to be granted, representing 10% of the total shares as of June 30, 2021[42]. - The fair value of the options granted was HKD 8,275,000, calculated using the Black-Scholes model[48]. - As of June 30, 2021, the company has granted a total of 60,000,000 share options to directors, representing 2.73% of the total shares[51]. - Major shareholder Zillion Profit Limited holds 1,500,000,000 shares, accounting for 68.18% of the company's issued share capital[53]. - The company did not purchase, sell, or redeem any of its listed securities during the three months ending June 30, 2021[55]. - The company has no knowledge of any other individuals holding 5% or more of the issued share capital apart from those disclosed[54]. - The company plans to elect a new chairman when appropriate[61]. - The company has not established a chairman position, with daily operations managed by the CEO and executive directors[60].
昌利控股(08098) - 2022 Q1 - 季度财报