智傲控股(08282) - 2019 Q1 - 季度财报

Financial Performance - The group reported revenue of HKD 36,189,000 for the three months ended March 31, 2019, compared to HKD 22,786,000 in the same period of 2018, representing an increase of 58.8%[2] - Gross profit for the period was HKD 12,136,000, up from HKD 7,177,000 in the previous year, indicating a growth of 69.5%[2] - The group achieved a profit before tax of HKD 2,363,000, compared to a loss of HKD 1,469,000 in the same period of 2018, marking a turnaround in performance[2] - Total comprehensive income for the period was HKD 2,260,000, compared to a loss of HKD 1,312,000 in the previous year, reflecting a significant improvement[2] - The company's revenue decreased by approximately 37.0% from about HKD 36.2 million in the three months ended March 31, 2018, to about HKD 22.8 million in the same period of 2019[18] - The net loss for the three months ended March 31, 2019, was approximately HKD 1.5 million, compared to a net profit of about HKD 2.4 million in the same period of 2018[17] - The gross profit decreased by approximately 40.5% from about HKD 12.1 million in the three months ended March 31, 2018, to about HKD 7.2 million in the same period of 2019[20] - The gross profit margin decreased by approximately 1.8 percentage points from about 33.4% in the three months ended March 31, 2018, to about 31.6% in the same period of 2019[20] Revenue Breakdown - Revenue from Hong Kong decreased to HKD 19,916,000 from HKD 34,960,000 year-on-year, a decline of 43%[9] - Revenue from Taiwan was HKD 1,201,000, while other regions contributed HKD 2,773,000, up from HKD 28,000 in the previous year[9] - The company did not have any single customer contributing 10% or more to its revenue during the reporting period, indicating a diversified customer base[10] Expenses and Costs - The cost of services provided decreased by approximately 35.3% from about HKD 24.1 million in the three months ended March 31, 2018, to about HKD 15.6 million in the same period of 2019[19] - Sales expenses increased by approximately 20.0% from about HKD 4.0 million in the three months ended March 31, 2018, to about HKD 4.8 million in the same period of 2019, mainly due to increased promotion and advertising expenses for new games[21] - Administrative expenses decreased by approximately 31.0% from about HKD 5.8 million in the three months ended March 31, 2018, to about HKD 4.0 million in the same period of 2019[23] Shareholder Information - As of March 31, 2019, major shareholders include Mr. Huang with a controlled entity holding 66,787,235 shares, representing approximately 41.74% of the company's equity[28] - Ms. Shi holds 29,004,337 shares, accounting for approximately 18.13% of the company's equity[28] - Nineyou International Limited and its controlled entities collectively hold 18,367,182 shares, which is about 11.48% of the company's equity[28] Corporate Governance - The audit committee reviewed the unaudited consolidated results for the three months ending March 31, 2019, and found them compliant with applicable accounting standards[39] - The group has not applied any new accounting standards that have been issued but not yet effective, and is currently assessing their potential impact[7] - The financial statements were prepared in accordance with Hong Kong Financial Reporting Standards and reflect the group's ongoing operations in online and mobile game development and distribution[6] Future Plans and Events - The company plans to introduce more quality licensed games and focus on mobile games to strengthen market positioning and enhance marketing efforts[17] - There were no significant events affecting the company after the reporting period[15] - No dividends were declared or paid by the company or any of its subsidiaries for the three months ended March 31, 2019[13] - No significant acquisitions or disposals occurred during the three months ending March 31, 2019[31] - The company did not purchase, sell, or redeem any of its listed securities during the three months ending March 31, 2019[32] - There were no stock options granted, exercised, expired, or lapsed during the three months ending March 31, 2019[38] - No events occurred after the reporting period that would have a significant impact on the group[40]