Financial Performance - For the nine months ended September 30, 2021, the revenue of Winto Group was HK$43,650,000, representing an increase of 118% compared to HK$19,989,000 for the same period in 2020[11]. - The gross profit for the nine months ended September 30, 2021, was HK$27,029,000, which is a 171% increase from HK$9,967,000 in the previous year[11]. - Profit before taxation for the nine months ended September 30, 2021, was HK$16,804,000, compared to a loss of HK$1,793,000 for the same period in 2020[13]. - The profit attributable to owners of the Company for the nine months ended September 30, 2021, was HK$16,584,000, a significant recovery from a loss of HK$1,954,000 in the previous year[13]. - Basic and diluted earnings per share for the nine months ended September 30, 2021, were 3.84 HK cents, compared to a loss of 0.45 HK cents for the same period in 2020[13]. - For the three months ended September 30, 2021, the revenue was HK$18,690,000, an increase of 197% from HK$6,289,000 in the same quarter of 2020[11]. - The gross profit for the three months ended September 30, 2021, was HK$12,266,000, compared to HK$2,984,000 for the same period in 2020, marking a 311% increase[11]. - The total comprehensive income for the period was HK$16,804,000, a turnaround from a loss of HK$1,701,000 in the previous year[13]. - Total revenue increased by approximately HK$23,661,000 from approximately HK$19,989,000 for the nine months ended 30 September 2020 to approximately HK$43,650,000 for the nine months ended 30 September 2021[48]. - Gross profit increased from approximately HK$9,967,000 for the nine months ended 30 September 2020 to approximately HK$27,029,000 for the nine months ended 30 September 2021, with a gross profit margin increase from approximately 50% to approximately 62%[54]. - Profit attributable to owners of the Company amounted to approximately HK$16,584,000 for the nine months ended 30 September 2021, compared to a loss of approximately HK$1,954,000 for the same period in 2020[57]. Operating Expenses - Operating expenses for the nine months ended September 30, 2021, decreased to HK$8,569,000 from HK$10,126,000 in the previous year, reflecting a reduction of 15.4%[11]. - Operating expenses decreased by approximately 15% from approximately HK$10,126,000 for the nine months ended 30 September 2020 to approximately HK$8,569,000 for the nine months ended 30 September 2021[55]. - Cost of sales increased from approximately HK$10,022,000 for the nine months ended 30 September 2020 to approximately HK$16,621,000 for the nine months ended 30 September 2021[49]. - Finance costs amounted to approximately HK$2,579,000 for the nine months ended September 30, 2021, compared to HK$2,648,000 for the same period in 2020[56]. Income and Other Income - The Company reported other income of HK$181,000 for the nine months ended September 30, 2021, down from HK$1,637,000 in the same period of 2020[11]. - No income tax expenses were recognized for the nine months ended September 30, 2021, reflecting a stable tax position[33]. Shareholder Information - As of September 30, 2021, Mr. Lui Man Wah holds a total of 320,023,300 shares, representing 74.08% of the issued share capital of the Company, which has 432,000,000 shares in issue[67][69]. - No dividend has been paid or proposed for the nine months ended 30 September 2021[36]. - The Company did not purchase, sell, or redeem any of its listed securities during the nine months ended September 30, 2021[75]. - No other substantial shareholders were reported with interests or short positions in the shares of the Company as of September 30, 2021[68][71]. Compliance and Governance - The company has maintained compliance with the GEM Listing Rules and HKFRSs in preparing its financial results[19]. - The audit committee has been established in accordance with GEM listing rules, consisting of independent non-executive directors[86]. - The unaudited consolidated financial performance for the nine months ended September 30, 2021, has been reviewed by the audit committee and management before being presented to the board for approval[86]. - The financial results for the group have not been audited or reviewed by the company's auditors as of the report date[86]. Market and Future Outlook - The Group expects the impact of the coronavirus outbreak to subside gradually from 2021 with the ongoing vaccination program[47]. - The Group will continue to monitor uncertainties in the economic environment and formulate strategies for steady development[47]. Business Operations - The Group is engaged in sales and distribution of publications, outdoor advertising, and provision of exhibitions and trade shows[46]. - Publications and advertising income for the three months ended September 30, 2021, was HK$10,115,000, up 102% from HK$4,995,000 in the same period of 2020[31]. - Outdoor advertising income surged to HK$19,335,000 for the nine months ended September 30, 2021, compared to HK$1,042,000 in the prior year, representing a significant increase of 1,754%[31]. Other Information - The Company has not early adopted any new HKFRSs that are not yet effective, anticipating no material impact on future consolidated financial statements[26]. - The comparative figures for the nine months ended September 30, 2020, have been restated to correct prior period adjustments[24]. - There were no competing business interests reported by the Directors or controlling shareholders during the nine months ended September 30, 2021[76]. - As of September 30, 2021, the compliance adviser, Lego Corporate Finance Limited, reported no interest in the share capital of the Company[77]. - An application for the resumption of trading in the Shares was made to the Stock Exchange, effective from November 3, 2021[82]. - The Company has not disclosed any new product or technology developments in the provided content[70]. - There were no significant market expansion or acquisition strategies mentioned in the content[70]. - The Share Option Scheme adopted on February 16, 2015, allows directors to grant options to eligible persons to subscribe for the Company's shares, expiring on February 16, 2025[74].
惠陶集团(08238) - 2021 Q3 - 季度财报