Financial Performance - For the three months ended December 31, 2020, the company reported revenue of HKD 56,494,000, a decrease of 37.6% compared to HKD 90,561,000 for the same period in 2019[10]. - The gross profit for the six months ended December 31, 2020, was HKD 20,172,000, down 34.5% from HKD 30,823,000 in the previous year[10]. - The company recorded a net profit of HKD 1,905,000 for the three months ended December 31, 2020, compared to a net loss of HKD 46,404,000 in the same period of 2019[10]. - Basic and diluted earnings per share for the three months ended December 31, 2020, were HKD 0.03, compared to a loss per share of HKD 0.62 in the previous year[11]. - The total comprehensive income for the six months ended December 31, 2020, was HKD 18,808,000, compared to a loss of HKD 44,383,000 in the same period of 2019[11]. - Revenue for the six months ended December 31, 2020, was HKD 82,781,000, a decrease of 52.4% from HKD 173,807,000 in the same period of 2019[24]. - The group reported a loss before tax of HKD 6,245,000 for the six months ended December 31, 2020, compared to a loss of HKD 43,726,000 for the same period in 2019, indicating an improvement in performance[27]. - The company incurred a loss of HKD 8,660,000 during the period, contributing to a cumulative loss of HKD 620,416,000 as of December 31, 2020[15]. Assets and Liabilities - As of December 31, 2020, the company's non-current assets increased to HKD 28,828,000 from HKD 26,399,000 as of June 30, 2020, representing a growth of approximately 9.2%[12]. - The company's current assets net value rose to HKD 359,970,000, up from HKD 343,257,000, indicating an increase of about 4.9%[13]. - Total assets less current liabilities reached HKD 388,798,000, compared to HKD 369,656,000, reflecting a growth of approximately 5.2%[13]. - The company’s total liabilities decreased from HKD 175,778,000 as of June 30, 2020, to HKD 143,559,000 as of December 31, 2020, indicating a reduction of about 18.3%[12]. - The company’s equity attributable to owners increased to HKD 385,159,000 from HKD 366,342,000, reflecting a growth of approximately 5.5%[13]. - Cash and cash equivalents increased to HKD 158,198,000 from HKD 122,081,000, marking a rise of approximately 29.6%[19]. - The current ratio as of December 31, 2020, was approximately 3.51 times, up from 2.95 times as of June 30, 2020[68]. - The debt-to-asset ratio as of December 31, 2020, was approximately 0.28, down from 0.33 as of June 30, 2020[68]. - The group has no bank borrowings as of December 31, 2020[68]. Operational Efficiency - Administrative and other operating expenses decreased to HKD 11,577,000 for the three months ended December 31, 2020, from HKD 15,504,000 in the same period of 2019, reflecting a reduction of 25.5%[10]. - The financing costs for the three months ended December 31, 2020, were HKD 550,000, a decrease of 71.6% from HKD 1,934,000 in the previous year[10]. - The group’s financing costs for the six months ended December 31, 2020, were HKD 1,533,000, a decrease from HKD 3,700,000 for the same period in 2019[31]. - The group has implemented efficiency measures to streamline operations and reduce costs amid increasing production costs and market competition[61]. Future Plans and Strategies - The company aims to enhance its market presence and explore new strategies for growth in the upcoming periods[10]. - The company plans to continue expanding its coal mining and construction services, as well as its heating services, to enhance revenue streams in the future[21]. - 日赢将继续发掘合适的商机及投资机会，以推动其业务增长[55]. Shareholder Information and Corporate Governance - The group holds 972,000 shares of China Fufeng, representing approximately 0.10% of the total issued shares as of December 31, 2020[5]. - The company has not established any arrangements allowing directors to benefit from purchasing shares or debentures of the company or any other corporation during the year[75]. - The company has not purchased, sold, or redeemed any of its listed securities during the period[83]. - The company has adopted the GEM Listing Rules as the code of conduct for directors' securities transactions, ensuring compliance throughout the period[85]. - The company has established an audit committee consisting of four independent non-executive directors to review financial reports and internal control procedures[89]. - The company is committed to maintaining high standards of corporate governance to enhance shareholder value[87]. - There are no changes in the information of directors since the last annual report date[86]. - The company has no other individuals or corporations holding 5% or more of the voting rights in any class of share capital as of December 31, 2020[80].
都都控股(08250) - 2021 - 中期财报