Financial Performance - The group recorded revenue of approximately HKD 16.01 million for the three months ended March 31, 2021, compared to HKD 19.54 million for the same period in 2020, representing a decrease of 12.9%[5] - The loss attributable to the owners of the company for the three months ended March 31, 2021, was approximately HKD 5.73 million, compared to a loss of HKD 3.28 million for the same period in 2020, indicating an increase in loss of 74.8%[5] - The gross profit for the three months ended March 31, 2021, was HKD 3.196 million, down from HKD 3.891 million in the same period of 2020, reflecting a decline of 17.8%[7] - The total comprehensive loss for the period was HKD 7.309 million, compared to a total comprehensive loss of HKD 4.547 million for the same period in 2020, representing an increase of 60.8%[8] - Basic and diluted loss per share for the period was HKD 0.14, compared to HKD 0.08 for the same period in 2020, indicating a worsening of the loss per share by 75%[8] - Total revenue for the three months ended March 31, 2021, decreased by approximately 18% to about HKD 16.10 million compared to the same period in 2020[23] - Revenue from financial printing services decreased by approximately 55%, primarily due to a reduction in income from IPO-related financial printing services[21] - Gross profit for the three months ended March 31, 2021, was approximately HKD 3.20 million, a decrease of about HKD 0.7 million from approximately HKD 3.89 million in the same period in 2020[24] - The overall gross profit margin remained stable at approximately 20%[24] Administrative and Operational Expenses - The administrative expenses increased to HKD 8.789 million for the three months ended March 31, 2021, compared to HKD 7.886 million for the same period in 2020, an increase of 11.4%[7] - For the three months ended March 31, 2021, the group's sales and distribution expenses were approximately HKD 1.73 million, remaining stable compared to HKD 1.74 million for the same period in 2020[25] - Administrative expenses for the same period were approximately HKD 8.79 million, an increase of about 11% from approximately HKD 7.89 million in the prior year[26] Shareholder Information - The group’s total equity attributable to owners decreased to HKD 18.071 million as of March 31, 2021, from HKD 27.740 million as of January 1, 2020[9] - The company issued 660 million new shares at a price of HKD 0.028 per share, raising approximately HKD 18.48 million, net of expenses[10] - The weighted average number of ordinary shares issued increased to 4,160 million as of March 31, 2021, from 4,116 million in the same period in 2020[16] - As of March 31, 2021, Mr. Cai Zhaoming held 150,320,000 shares, representing 3.61% of the company's issued share capital[33] - Major shareholders include Mr. Fang Jinhui with 709,640,000 shares (17.06%) and Mr. Yuan Yunnan with 410,000,000 shares (9.86%) as of March 31, 2021[36] Dividend and Corporate Governance - The company did not recommend the payment of an interim dividend for the three months ended March 31, 2021[5] - The company did not purchase, sell, or redeem any of its securities during the three months ended March 31, 2021[41] - The audit committee, consisting of three independent non-executive directors, has reviewed the report and provided recommendations[45] - The company has adopted the corporate governance code as per GEM Listing Rules Appendix 15 and has complied with its provisions as of March 31, 2021[46] Future Outlook and Strategy - The company will continue to monitor the development of the COVID-19 pandemic and strengthen cost control and resource management to maintain market competitiveness[20] - The company aims to diversify its business and create new revenue sources through potential investment opportunities[20] Other Information - The company is actively communicating with the owner and landlord regarding the rectification of the ownership issues of the leased property, with no commitment on the completion timeline due to pending approvals[30] - The chairman and executive director, Cai Zhaoming, reported on the first quarter of 2021 on May 14, 2021[47]
吉盛集团控股(08133) - 2021 Q1 - 季度财报