智傲控股(08282) - 2020 Q1 - 季度财报

Financial Performance - Revenue for the three months ended March 31, 2020, was HKD 12,814,000, a decrease of 43.8% compared to HKD 22,786,000 for the same period in 2019[3] - Gross profit for the same period was HKD 2,273,000, down 68.4% from HKD 7,177,000 year-on-year[3] - The company reported a loss before tax of HKD 3,870,000, compared to a loss of HKD 1,469,000 in the previous year, representing a 163.5% increase in losses[3] - Total comprehensive loss for the period was HKD 3,629,000, compared to a loss of HKD 1,312,000 in the same period last year[3] - Basic and diluted loss per share was HKD 0.02 for the three months ended March 31, 2020, compared to HKD 0.01 for the same period in 2019[3] - The net loss for the three months ended March 31, 2020, was approximately HKD 3.9 million, compared to a net loss of about HKD 1.5 million for the same period in 2019[22] - The company's revenue decreased by approximately 43.9% from about HKD 22.8 million for the three months ended March 31, 2019, to about HKD 12.8 million for the same period in 2020, primarily due to a decline in game operation income from licensed mobile games and self-developed games[28] - Game operation revenue for the three months ended March 31, 2020, was HKD 12.5 million, down from HKD 22.5 million in 2019, representing a decline of approximately 44.4%[15] Equity and Cash Position - The company’s total equity as of March 31, 2020, was HKD 41,508,000, down from HKD 46,044,000 at the same time last year[4] - The company’s cash and cash equivalents were not disclosed in the provided documents, indicating a need for further financial analysis[6] Expenses - The cost of services provided for the three months ended March 31, 2020, was approximately HKD 10.5 million, a decrease of about 32.7% compared to approximately HKD 15.6 million for the same period in 2019[29] - Selling expenses for the three months ended March 31, 2020, were approximately HKD 2.7 million, a decrease of about 43.8% from approximately HKD 4.8 million in the same period of 2019[31] - Administrative expenses were approximately HKD 3.5 million for the three months ended March 31, 2020, down about 12.5% from approximately HKD 4.0 million in the same period of 2019[32] Dividends and Shareholder Actions - The company did not declare or pay any dividends during the three months ended March 31, 2020, consistent with the previous year[17] - The board did not recommend the payment of dividends for the three months ended March 31, 2020[34] New Developments and Projects - The company plans to launch a new MMORPG titled "Gangster M: In the Underworld" in the third quarter of 2020, developed in collaboration with Peace Publishing Co., Ltd.[23] - The company has obtained authorization to develop a new mobile game "Fire Phoenix: Heroes of the Chaos Era," with the first test scheduled for the second quarter of 2020 in China[25] - The company has secured rights to operate the mobile game "Snack Battle" in Hong Kong, Macau, and Taiwan, with a launch expected in the second quarter of 2020[26] Compliance and Governance - The company has not adopted any new accounting standards that would have a significant impact on its financial performance for the period[9] - The company continues to evaluate the impact of new accounting standards on its operations and financial condition[9] - The company has adopted the GEM Listing Rules regarding the standards of securities transactions by directors, confirming compliance throughout the review period[46] - The company has adhered to the corporate governance code and principles as outlined in the GEM Listing Rules during the three-month period ending March 31, 2020[47] - The audit committee, consisting of three independent non-executive directors, has reviewed and approved the group's financial reporting procedures and internal control systems[50] - The unaudited consolidated results for the three months ending March 31, 2020, have been reviewed by the audit committee and management, confirming compliance with applicable accounting standards and GEM Listing Rules[52] Other Information - There were no significant events affecting the group after the reporting period[20] - There were no significant acquisitions or disposals during the three months ended March 31, 2020[42] - The company and its subsidiaries did not purchase, sell, or redeem any of the company's listed securities during the three months ended March 31, 2020[43] - There were no business activities that could potentially compete with the company's operations during the three months ended March 31, 2020[44] - No share options were granted, exercised, expired, or lapsed during the three-month period ending March 31, 2020, and there are no unexercised share options under the plan[49] - No significant events affecting the group occurred after the reporting period up to the date of this report[53]