Financial Performance - For the September quarter, the company recorded revenue of HKD 157.3 million, an increase of HKD 6.8 million or 4.5% compared to the previous quarter[12]. - The company achieved a profit after tax of HKD 7.2 million for the September quarter, marking a consecutive profitable quarter, and a profit of HKD 3.0 million for the nine-month period, reversing the loss from the previous six months[12]. - Earnings per share for the September quarter and the nine-month period were HKD 1.72 and HKD 0.91, respectively[13]. - The company reported a gross profit of HKD 21.2 million for the September quarter, compared to HKD 21.0 million in the same quarter last year[15]. - The net profit attributable to the owners of the company for the September quarter was HKD 6.9 million, compared to HKD 0.5 million in the same quarter last year[15]. - The company reported a net profit of HKD 7.2 million for the September quarter, compared to a profit of HKD 0.3 million in the same quarter last year[15]. - Total comprehensive income for the nine months ended September 30, 2020, was HKD 1,268,000, a recovery from a loss of HKD 14,682,000 in the same period of 2019[18]. - The gross profit for the nine months ended September 30, 2020, was HKD 52,729,000, compared to HKD 48,901,000 in 2019, indicating a growth of approximately 7.4%[31]. - The net profit for the period was HKD 3,046,000, a significant recovery from a loss of HKD 8,281,000 in the same period of the previous year[31]. Revenue Breakdown - The company’s total revenue for the nine-month period was HKD 421.5 million, an increase of HKD 17.7 million or 4.4% year-on-year[12]. - Revenue from the system integration segment was HKD 113,783,000, while maintenance services and cybersecurity services generated HKD 36,035,000 and HKD 8,796,000 respectively for the nine months ended September 30, 2020[28]. - The revenue from system integration services was HKD 292,306,000 for the nine months ended September 30, 2020, compared to HKD 293,713,000 in 2019, showing a slight decrease of 0.5%[36]. - Maintenance services revenue increased to HKD 110,332,000 in 2020 from HKD 92,996,000 in 2019, reflecting a growth of approximately 18.6%[36]. - Cybersecurity services revenue reached HKD 18,883,000 for the nine months ended September 30, 2020, up from HKD 17,065,000 in 2019, marking an increase of about 10.6%[36]. Expenses and Costs - Total sales and administrative expenses for the September quarter were HKD 12.8 million, down from HKD 20.8 million in the previous quarter[15]. - The company incurred total sales and administrative expenses of HKD 12,802,000 for the nine months ended September 30, 2020[28]. - Total sales and administrative expenses decreased to HKD 47,338,000 in 2020 from HKD 60,922,000 in 2019, a reduction of approximately 22.3%[31]. - The company reported a financial cost of HKD 569,000 for the nine months ended September 30, 2020, down from HKD 1,132,000 in 2019, reflecting a decrease of about 49.8%[31]. - Employee costs for the nine months ended September 30, 2020, totaled HKD 64.7 million, slightly up from HKD 64.2 million in the same period last year[42]. Corporate Governance - The audit committee consists of three independent non-executive directors, ensuring compliance with GEM listing rules and corporate governance standards[101]. - The company has adhered to the corporate governance code as of September 30, 2020, enhancing shareholder value and communication[99]. - The company is committed to robust corporate governance practices to fulfill its responsibilities to shareholders[99]. - The audit committee's primary responsibilities include reviewing financial information, risk management, and internal control systems[101]. Market Strategy and Future Plans - The company plans to continue expanding its market presence in Hong Kong and South Korea, focusing on system integration and cybersecurity services[24]. - Future product development will emphasize enhancing network security solutions to meet growing market demands[24]. - The company is exploring potential acquisitions to strengthen its service offerings and market position[24]. - The group aims to diversify its business and explore opportunities in other regions, including China, due to risks posed by the current pandemic[78]. Shareholder Information - The total issued shares of the company as of September 30, 2020, amounted to 400 million shares, with significant ownership concentration among major shareholders[8]. - Major shareholders collectively control approximately 65.73% of the company's equity, indicating a strong alignment among key stakeholders[3]. - LiquidTech Limited holds 262,917,327 shares, representing approximately 65.73% of the issued share capital as of September 30, 2020[86]. Employee and Training - The number of employees increased to 220 as of September 30, 2020, from 193 a year earlier, due to recruitment of more engineers in Korea[81]. - The company has implemented regular technical and on-the-job training for employees to enhance competitiveness and improve employee quality[82].
未来数据集团(08229) - 2020 Q3 - 季度财报