Financial Performance - The group's unaudited revenue for the three months ended March 31, 2021, was HKD 163.6 million, an increase of approximately HKD 49.9 million or 43.8% compared to HKD 113.7 million for the same period in 2020[16] - The unaudited profit for the three months ended March 31, 2021, was HKD 3.6 million, reversing a loss of HKD 8.6 million recorded for the same period in 2020[16] - The basic and diluted earnings per share for the three months ended March 31, 2021, was HKD 0.96, compared to a loss of HKD 2.02 per share for the same period in 2020[16] - The gross profit for the three months ended March 31, 2021, was HKD 21.1 million, compared to HKD 9.6 million for the same period in 2020[18] - The total comprehensive income for the period was a loss of HKD 211, compared to a loss of HKD 14.8 million for the same period in 2020[21] - The total revenue for the three months ended March 31, 2021, was HKD 164,746,000, representing an increase from HKD 116,987,000 in the same period of 2020, which is a growth of approximately 40.7%[34] - The net profit for the period was HKD 3,553,000, compared to a net loss of HKD 8,578,000 in the same quarter of the previous year, indicating a turnaround in profitability[34] - The gross profit margin for the total revenue was approximately 12.8%, with a gross profit of HKD 21,104,000[34] - The company reported a profit of HKD 3,833,000 for the three months ended March 31, 2021, compared to a loss of HKD 8,080,000 in the same period of 2020[49] - The group recorded a profit of HKD 3.6 million, reversing a loss of HKD 8.6 million in the previous year[58] Revenue Breakdown - Revenue from system integration services was HKD 115,724,000, up from HKD 73,657,000 in the previous year, marking a significant increase of about 57%[34] - Revenue from external customers in South Korea was HKD 156,645,000, which is an increase from HKD 107,794,000 in the previous year, reflecting a growth of about 45.2%[35] - Revenue from maintenance services increased to HKD 40,921,000, a rise of 19.0% compared to HKD 34,137,000 in the previous year[37] - The contribution from the Korean business was HKD 156.6 million, up 45.3% from HKD 107.8 million in the previous year[54] - The public sector contributed HKD 53.7 million, an increase of 9.5% from the previous year[58] - The maintenance services segment reported revenue growth from HKD 34.1 million in the previous year to HKD 40.9 million, driven by an increase in the number of contracts[70] - The cybersecurity services segment achieved revenue of HKD 6.9 million, up 16.9% from HKD 5.9 million year-over-year[70] Expenses and Costs - The total sales and administrative expenses for the three months ended March 31, 2021, were HKD 17.4 million, a decrease from HKD 18.7 million for the same period in 2020[18] - The group’s financial costs for the three months ended March 31, 2021, were HKD 0.25 million, slightly down from HKD 0.27 million for the same period in 2020[18] - The group’s income tax expense for the three months ended March 31, 2021, was HKD 1.4 million, compared to a tax credit of HKD 0.4 million for the same period in 2020[18] - The total administrative and selling expenses were HKD 17,364,000, a decrease from HKD 18,720,000 in the same period last year[34] - Employee costs for the period were HKD 23,336,000, slightly up from HKD 22,279,000 in the previous year[40] - The company incurred research and development costs of HKD 1,278,000, compared to HKD 1,173,000 in the previous year[40] - Director and key management compensation amounted to HKD 2,509,000, an increase from HKD 2,043,000 in the same period of 2020[52] Dividends and Share Capital - The group did not recommend any interim dividend for the three months ended March 31, 2021, consistent with no dividend declared for the same period in 2020[16] - The company did not recommend any interim dividend for the three months ended March 31, 2021, compared to no dividend in the same period of 2020[51] - The average number of ordinary shares outstanding was 400,000,000 for both periods[49] - As of March 31, 2021, the total issued share capital of the company was 400,000,000 shares[84] - The company did not repurchase any shares listed on GEM during the three months ending March 31, 2021[90] Assets and Liabilities - The group’s net current assets increased by 69.9% to HKD 109.8 million compared to HKD 64.6 million in the previous year[58] - The group’s asset-liability ratio was 47.1%, significantly improved from 21.1% at the end of 2020[58] Orders and Contracts - As of January 1, 2021, the company had an unfilled order backlog of HKD 166,124,000, which increased to HKD 293,143,000 by March 31, 2021, reflecting a growth of 76.4%[66] - The company secured new orders totaling HKD 290,605,000 during the period, contributing to a revenue of HKD 115.7 million for the systems integration segment, a 57.1% increase from HKD 73.7 million in the same period last year[66] - The company signed a contract worth 900 million KRW (approximately HKD 6.2 million) with a local government department, further expanding its market presence[70] Corporate Governance - The audit committee consists of three independent non-executive directors, ensuring compliance with financial reporting and internal controls[93] Shareholder Information - Major shareholders, including LiquidTech Limited, hold approximately 65.73% of the issued share capital, indicating strong control over the company[75] - LiquidTech holds 65.73% of the issued share capital, controlled by AMS and its shareholders[81] - AMS is owned by Mr. Xu (25.34%), Mr. Lee (22.71%), Mr. Fung (18.14%), and Mr. Park (14.03%) among others, collectively controlling approximately 65.73% of the company[82]
未来数据集团(08229) - 2021 Q1 - 季度财报