Financial Performance - Revenue for the first quarter of 2021 was HKD 73,196,000, representing a 32.2% increase from HKD 55,390,000 in the same period of 2020[10] - Gross profit for the first quarter of 2021 was HKD 7,168,000, with a gross margin of 9.8%, compared to HKD 4,694,000 and 8.5% in the first quarter of 2020[10] - The net loss for the first quarter of 2021 was HKD 5,981,000, an improvement from a net loss of HKD 8,699,000 in the same period of 2020[10] - The total comprehensive loss for the first quarter of 2021 was HKD 4,387,000, compared to HKD 7,703,000 in the same period of 2020[10] - The company recorded a pre-tax loss of approximately HKD 5,854,000 for the period, compared to a loss of HKD 8,441,000 in the same period of 2020[28] - Other income for the period was approximately HKD 845,000, slightly down from HKD 854,000 in the same period of 2020[41] Earnings Per Share - The company reported a basic loss per share of HKD 0.83 for the first quarter of 2021, compared to HKD 1.24 for the same period in 2020[10] - The basic loss per share for the period was 0.83 HKD cents, improved from 1.24 HKD cents in the first quarter of 2020[29] Revenue Breakdown - OEM customers contributed HKD 43,898,000, accounting for 60.0% of total revenue, up from 52.1% in the previous year[20] - Retail distributors generated HKD 25,768,000 in revenue, representing 35.2% of total revenue, compared to 37.0% in the prior year[20] - The company provided comprehensive construction services that generated HKD 3,530,000, which was 4.8% of total revenue, down from 10.9% in the previous year[20] - The electronic products segment generated revenue of approximately HKD 69,666,000, a growth of about 41.1% from HKD 49,369,000 in the first quarter of 2020[35] - The construction design segment reported revenue of approximately HKD 3,530,000, a decrease of about 41.4% from HKD 6,021,000 in the same period of 2020[36] - Total revenue for the first quarter of 2021 was approximately HKD 73,196,000, representing a 32.1% increase compared to HKD 55,390,000 in the same period of 2020[39] Expenses - Selling and distribution expenses were approximately HKD 1,745,000, a 19.0% increase from HKD 1,466,000 in the same period of 2020, attributed to increased marketing efforts[42] - Administrative expenses decreased by approximately 11.4% to HKD 8,445,000 from HKD 10,163,000 in the first quarter of 2020, due to ongoing cost control measures[43] Future Strategies - The company aims to expand its market presence and enhance product offerings in the upcoming quarters[10] - Future strategies include focusing on research and development of new products to drive growth and improve financial performance[10] Shareholding and Governance - As of March 31, 2021, PT Design holds 355,620,000 shares, representing 50.51% of the company's issued ordinary shares[51] - Mr. Pang Guoxi has a controlled interest in 74,403,000 shares, accounting for 10.57% of the issued share capital[51] - The company has not granted any share options under the incentive scheme since its adoption[55] - The company maintained sufficient public float during the reporting period[57] - The audit committee, consisting of three independent non-executive directors, reviewed the financial results for the three months ending March 31, 2021[70] Dividend Policy - The company did not recommend any dividend payment for the period, consistent with the previous year[27]
新华联合投资(08159) - 2021 Q1 - 季度财报