Financial Performance - The group's unaudited revenue for the nine months ended September 30, 2021, was HKD 483.5 million, an increase of HKD 62.0 million or 14.7% compared to the same period last year [17]. - The unaudited profit for the nine months ended September 30, 2021, was HKD 8.6 million, up HKD 5.5 million or 181.0% from HKD 3.1 million for the same period in 2020 [17]. - The unaudited basic and diluted earnings per share for the nine months ended September 30, 2021, was HKD 0.021, compared to HKD 0.0091 for the same period in 2020 [17]. - The group's revenue for the three months ended September 30, 2021, was HKD 142.1 million, compared to HKD 157.3 million for the same period in 2020 [19]. - The gross profit for the nine months ended September 30, 2021, was HKD 57.97 million, an increase from HKD 52.73 million in the same period last year [19]. - The total comprehensive income for the nine months ended September 30, 2021, was a loss of HKD 1.3 million, compared to a profit of HKD 1.27 million for the same period in 2020 [22]. - The net profit before tax for the nine months ended September 30, 2021, was HKD 11.97 million, compared to HKD 6.91 million for the same period in 2020 [19]. - Total revenue for the nine months ended September 30, 2021, was HKD 143,381,000, a decrease from HKD 158,614,000 in the same period of 2020, representing a decline of approximately 9.6% [34]. - The company reported a net loss of HKD 2,087,000 for the nine months ended September 30, 2021, compared to a profit of HKD 7,233,000 in the same period of 2020 [34]. - The company reported a loss of HKD 2,087,000 for the three months ended September 30, 2021, compared to a profit of HKD 7,092,000 in the same period last year, marking a 129.4% decline [64]. - The total income tax expense for the nine months ended September 30, 2021, was HKD 3,415,000, down from HKD 3,868,000 in the previous year [49]. Revenue Breakdown - Revenue from system integration services was HKD 334,172,000, up from HKD 292,306,000, representing a 14.3% growth year-over-year [41]. - Maintenance services revenue increased to HKD 127,083,000, compared to HKD 110,332,000, marking a 15.2% rise [41]. - Network security services generated HKD 22,229,000, up from HKD 18,883,000, reflecting a 17.8% increase [41]. - The revenue contribution from the system integration segment was HKD 91,383,000, while maintenance services and cybersecurity services contributed HKD 42,403,000 and HKD 9,595,000, respectively [34]. - Revenue from the South Korean market was HKD 461,255,000, up from HKD 402,638,000, a growth of 14.5% [40]. - The public sector contributed HKD 189,207,000 to total revenue, while the private sector contributed HKD 294,277,000, indicating strong performance across both segments [46]. Expenses and Costs - The company's administrative expenses for the nine months ended September 30, 2021, were HKD 49.05 million, compared to HKD 47.34 million in the previous year [19]. - The total administrative expenses for the period were HKD 17,381,000, an increase from HKD 12,802,000 in the previous year [34]. - Employee costs and subcontracting costs for the nine months ended September 30, 2021, totaled HKD 73,003,000, an increase from HKD 64,745,000 in the previous year [48]. - Research and development costs for the nine months ended September 30, 2021, were HKD 3,906,000, slightly down from HKD 3,994,000 in the previous year [48]. - The company's financial costs amounted to HKD 170,000, slightly higher than HKD 142,000 in the previous year [34]. Dividends and Share Capital - The board did not recommend the payment of an interim dividend for the nine months ended September 30, 2021, consistent with the previous year [17]. - The company did not declare an interim dividend for the nine months ended September 30, 2021, compared to no dividend declared in the same period last year [60]. - The weighted average number of ordinary shares for the nine months ended September 30, 2021, remained at 400,000,000 shares, consistent with the previous year [58]. - The total issued share capital of the company is 400,000,000 shares, providing a basis for calculating ownership percentages [89]. Corporate Governance and Management - The company has adhered to the corporate governance code as of September 30, 2021, for the nine months period [103]. - The audit committee consists of three independent non-executive directors, ensuring compliance with GEM listing rules [101]. - Employee performance-based discretionary bonuses are part of the compensation structure, aligning incentives with company performance [82]. - The company encourages continuous learning and participation in external seminars to improve employee knowledge and skills [83]. - No stock options have been granted under the stock option plan as of September 30, 2021, indicating a focus on employee training and development to enhance competitiveness [83]. Future Outlook and Strategies - Future strategies include potential market expansion and enhancement of service offerings in the cybersecurity domain [28]. - The group remains optimistic about its profit outlook for 2021 despite potential unforeseen circumstances [81]. - The group recorded a profit of HKD 8.6 million for the nine months ended September 30, 2021, with all divisions awarded more large-scale contracts, maintaining an optimistic outlook for the full year 2021 [81]. Assets and Liabilities - As of September 30, 2021, the group's current assets net value was HKD 98.2 million, with a current ratio of 1.9 times, indicating sufficient financial resources [71]. - The group's debt-to-equity ratio increased to 38.8% as of September 30, 2021, compared to 21.1% on December 31, 2020, primarily due to new loans for business operations and property acquisitions [71]. - The group secured a bank credit facility amounting to KRW 5,013,132,000 (approximately HKD 32.9 million) to cover related interim payments for property purchases [74]. - The group has ongoing contracts with significant values, including a contract worth KRW 5.1 billion (approximately HKD 34.1 million) for equipment replacement with the government [78]. - The group did not engage in any major investments or acquisitions during the nine months ended September 30, 2021 [75].
未来数据集团(08229) - 2021 Q3 - 季度财报