Financial Performance - The company recorded revenue of approximately HKD 70.59 million for the nine months ended September 30, 2021, compared to HKD 69.71 million for the same period in 2020, representing a year-over-year increase of 1.26%[4] - The attributable loss to owners for the nine months ended September 30, 2021, was approximately HKD 5.44 million, an improvement from a loss of HKD 7.81 million in the same period of 2020, indicating a reduction in loss by 30.3%[4] - The gross profit for the nine months ended September 30, 2021, was HKD 17.97 million, slightly down from HKD 18.38 million in 2020, reflecting a decrease of 2.2%[5] - The total comprehensive loss for the nine months ended September 30, 2021, was HKD 5.41 million, compared to a total comprehensive loss of HKD 7.67 million for the same period in 2020, showing an improvement of 29.5%[6] - The company reported a basic and diluted loss per share of HKD 0.12 for the nine months ended September 30, 2021, compared to HKD 0.21 for the same period in 2020, indicating a reduction in loss per share by 42.9%[6] - Total revenue for the nine months ended September 30, 2021, was HKD 70,589,000, a slight increase of 1.3% compared to HKD 69,712,000 for the same period in 2020[16] Revenue Breakdown - For the three months ended September 30, 2021, revenue from the sale of cast metal products was HKD 16,240,000, an increase of 65.5% compared to HKD 9,796,000 in the same period of 2020[16] - Revenue from financial printing services for the three months ended September 30, 2021, was HKD 7,916,000, a decrease of 45.4% from HKD 14,529,000 in the same period of 2020[16] - The group’s financial printing service revenue for the nine months ended September 30, 2021, was HKD 32,254,000, down from HKD 37,685,000 in the same period of 2020, reflecting a decrease of 14.5%[16] - The total sales of cast metal products for the nine months ended September 30, 2021, reached HKD 38,335,000, an increase of 19.8% from HKD 32,027,000 in the same period of 2020[16] - Metal casting business revenue increased by approximately 19.70% year-on-year, indicating a slow recovery in the European and US markets[26] - Financial printing service revenue decreased by approximately 14.41% year-on-year due to ongoing restrictions affecting IPO-related orders[27] Expenses and Costs - The company’s administrative expenses decreased to HKD 18.36 million for the nine months ended September 30, 2021, from HKD 26.82 million in 2020, a reduction of 31.5%[5] - The company’s financial costs increased to HKD 1.10 million for the nine months ended September 30, 2021, compared to HKD 0.65 million in 2020, representing an increase of 69.2%[5] - The company experienced a foreign exchange gain of HKD 38, compared to a gain of HKD 141 in the previous year, indicating a decrease of 73.0%[7] Dividends and Shareholder Information - The company did not recommend the payment of an interim dividend for the nine months ended September 30, 2021, consistent with the previous year[4] - The average number of issued ordinary shares for the nine months ended September 30, 2021, was 4,160,000 thousand shares, unchanged from the previous year[22] - As of September 30, 2021, major shareholder Fang Jinhou holds 709,640,000 shares, representing 17.06% of the issued share capital[46] - As of September 30, 2021, Hu Lanying holds 410,000,000 shares, accounting for 9.86% of the issued share capital[43] - The company proposes a share consolidation of every 40 existing shares with a par value of HKD 0.002 into 1 consolidated share with a par value of HKD 0.08, subject to shareholder approval[38] - The company plans to issue up to 52,000,000 rights shares at a subscription price of HKD 0.2 per share, aiming to raise approximately HKD 10.4 million before expenses[41] Corporate Governance and Compliance - The company has established an audit committee consisting of three independent non-executive directors to review the report and provide recommendations[54] - The company has adopted the corporate governance code as per GEM Listing Rules and confirmed compliance during the reporting period[55][56] - The company has confirmed that there are no competing interests among directors or major shareholders during the reporting period[53] - No purchases, sales, or redemptions of the company's securities were made by the company or its subsidiaries during the period[50] Accounting Standards and Future Outlook - The company has adopted new and revised Hong Kong Financial Reporting Standards effective from January 1, 2021, but these changes are not expected to have a significant impact on the financial statements in the foreseeable future[14] - The group’s financial performance is prepared in accordance with the Hong Kong Accounting Standards and has been consistently applied with no significant changes in accounting policies[11] - The company is currently evaluating the impact of new accounting standards that have been issued but are not yet effective, which may affect future financial performance[13] - The company continues to monitor the development of the COVID-19 pandemic and is implementing flexible strategies to maintain market competitiveness[26] - The company is considering providing additional value-added corporate services to expand its future revenue base[27]
吉盛集团控股(08133) - 2021 Q3 - 季度财报