Financial Performance - The company reported unaudited revenue of HK$64.2 million for the three months ended June 30, 2021[18]. - The Group recorded revenue of approximately HK$64.2 million for the three months ended 30 June 2021, a significant increase from approximately HK$2.1 million for the same period in 2020, representing a growth of 2,971%[21]. - Gross profit for the same period was approximately HK$7.2 million, compared to approximately HK$1.0 million in the previous year, indicating a growth of 642%[22]. - Loss attributable to owners of the Company was approximately HK$1.6 million for the three months ended 30 June 2021, a decrease from a loss of approximately HK$2.4 million for the same period in 2020, reflecting an improvement of 33%[22]. - Total comprehensive loss for the period was approximately HK$526,000, compared to HK$2.4 million for the same period in 2020, showing a reduction of 78%[23]. - The Group reported a profit before tax of HK$470,000 for the three months ended 30 June 2021, compared to a loss of HK$2.4 million in the previous year[23]. - The Group reported a loss and total comprehensive income attributable to owners of approximately HK$1.5 million for the three months ended June 30, 2021, compared to a loss of approximately HK$2.4 million for the same period in 2020[126]. Revenue Sources - Revenue from catering services through restaurant operations in Hong Kong was HK$7,210,000, while revenue from the manufacture and sales of frozen aquatic products in the PRC was HK$56,968,000[55]. - Excluding the revenue from the newly acquired Jintian, catering service revenue increased by approximately HK$5.1 million to HK$7.2 million, driven by increased dining out and consumption due to relaxed restrictions[102]. - The cost of inventories sold was HK$56,974,000 for the three months ended June 30, 2021, significantly higher than HK$1,149,000 in 2020, marking an increase of 4,861%[72]. - The segment profit from catering services was HK$335,000, while the segment profit from frozen aquatic products was HK$3,252,000, indicating positive performance in both segments[55]. Expenses and Costs - Staff costs increased to HK$3.6 million for the three months ended June 30, 2021, compared to HK$1.4 million in the previous year, representing a rise of 157%[23]. - Administrative expenses rose to HK$3.5 million for the three months ended June 30, 2021, compared to HK$567,000 in the same period of 2020, an increase of 517%[23]. - Administrative expenses for the three months ended June 30, 2021, were approximately HK$3.5 million, with an increase of approximately HK$2.5 million when excluding Jintian's expenses, mainly due to one-off demolition works costing HK$1.2 million[125]. - Staff costs for the three months ended June 30, 2021, increased by approximately HK$1.7 million to approximately HK$3.1 million, primarily due to increased revenue from catering services[110]. Corporate Governance and Compliance - The board of directors confirmed that the information in the report is accurate and complete in all material respects[3]. - The company is committed to transparency and compliance with GEM Listing Rules, ensuring investor awareness of potential risks[4]. - The Audit Committee reviewed the unaudited consolidated financial statements for the three months ended June 30, 2021, and confirmed compliance with applicable accounting standards and GEM Listing Rules[186]. - The company has made adequate disclosures in its financial reporting, adhering to legal requirements and accounting standards[186]. - The company emphasizes the importance of transparency and governance through the establishment of the Audit Committee[176]. Market Position and Strategy - The company is positioned within the GEM market, which is designed for small and mid-sized companies, indicating a higher investment risk[2]. - The management discussion and analysis section will provide insights into future strategies and market expansion plans[5]. - The company is exploring new product development and technological advancements to enhance its market position[5]. - The company aims to leverage its position in the market to pursue strategic opportunities, including potential mergers and acquisitions[5]. - The board emphasizes the importance of careful consideration for prospective investors due to the inherent risks in GEM investments[2]. Shareholder Information - The Group's total equity attributable to owners amounted to approximately HK$22.9 million as of June 30, 2021, down from HK$24.4 million as of March 31, 2021[133]. - The Group's borrowings included lease liabilities of approximately HK$13.1 million and a bond of approximately HK$1.5 million, resulting in a gearing ratio of approximately 54.0%, up from 19.3% as of March 31, 2021[134]. - Sure Wonder holds 39,320,640 shares, representing approximately 83.4% ownership by Ms. Wong Wai Fong[152]. - The Company has not purchased, sold, or redeemed any listed securities from the Listing Date up to June 30, 2021[166]. - No substantial shareholders other than Directors or chief executives were reported to have interests or short positions in the shares of the Company[150]. Future Outlook - The Hong Kong government’s relaxation of restaurant operation restrictions and the launch of electronic consumption vouchers totaling HK$5,000 per eligible person are expected to positively impact the catering industry[95]. - The acquisition of 51% equity interest in Zhangzhou Jintian Food Co., Limited was completed on May 18, 2021, providing an additional source of income for the Group[96]. - The acquisition of Jintian provides an additional revenue source for the Group[99].
汉诺佳池(08428) - 2022 Q1 - 季度财报