Financial Performance - For the nine months ended June 30, 2019, the group's unaudited revenue was approximately HKD 45.8 million, a decrease of about 30.9% compared to the same period in 2018[4]. - The group's unaudited gross profit for the nine months ended June 30, 2019, was approximately HKD 18.2 million, a decrease of about 46.5% compared to the same period in 2018[6]. - The group recorded an unaudited net loss of approximately HKD 6.7 million for the nine months ended June 30, 2019, compared to a net profit of approximately HKD 1.8 million for the same period in 2018[6]. - Basic loss per share for the nine months ended June 30, 2019, was HKD 0.67, compared to basic earnings per share of HKD 0.21 for the same period in 2018[6]. - The group recorded a loss of approximately HKD 6.7 million after tax for the nine months ended June 30, 2019, compared to a profit of approximately HKD 1.8 million for the same period in 2018[38]. - Gross profit fell by approximately 46.5%, from about HKD 34.0 million to about HKD 18.2 million, primarily due to the decline in revenue from listing-related documents[32]. Revenue Breakdown - For the three months ended June 30, 2019, the group's unaudited revenue was HKD 23.3 million, down from HKD 28.3 million in the same period of 2018[8]. - Revenue from financial printing services for the three months ended June 30, 2019, was HKD 23,303,000, a decrease of 17.5% compared to HKD 28,254,000 for the same period in 2018[18]. - For the nine months ended June 30, 2019, revenue from financial printing services was HKD 45,755,000, down 30.9% from HKD 66,288,000 in the previous year[18]. - The decline in revenue was significantly impacted by a decrease in the number of new clients successfully listed on the stock exchange during the nine months ended June 30, 2019[31]. Expenses and Losses - The group's unaudited loss before tax for the nine months ended June 30, 2019, was HKD 6.7 million, compared to a profit before tax of HKD 4.1 million for the same period in 2018[8]. - The group reported administrative expenses of HKD 23.1 million for the nine months ended June 30, 2019, down from HKD 27.4 million in the same period of 2018[8]. - Employee benefits expenses for the nine months ended June 30, 2019, increased to HKD 18,386,000 from HKD 16,571,000 in 2018, reflecting a rise of 10.9%[24]. - Selling and distribution expenses decreased from approximately HKD 2.6 million to about HKD 2.4 million, mainly due to a reduction in employee costs and compensation expenses[35]. - Administrative expenses decreased from approximately HKD 27.4 million to about HKD 23.1 million, primarily due to the absence of non-recurring listing expenses[36]. Dividends and Equity - The board of directors decided not to declare any dividends for the nine months ended June 30, 2019, compared to zero dividends in 2018[6]. - The company did not declare any dividends for the nine months ended June 30, 2019, consistent with the previous year[25]. - The total equity attributable to owners of the company as of June 30, 2019, was HKD 73.6 million, a decrease from HKD 82.4 million as of June 30, 2018[10]. Compliance and Governance - The company has appointed a compliance advisor, who has declared its independence, and there are no interests in the company's securities held by the compliance advisor or its associates[55]. - The company has adhered to all corporate governance code provisions as outlined in the GEM Listing Rules during the nine months ended June 30, 2019[56]. - The financial information in the report has not been audited by the company's independent auditor, but the audit committee has reviewed the unaudited consolidated results and found them compliant with applicable accounting standards[59]. Operational Plans - The group plans to continue expanding operational capabilities and market share following the completion of office renovations in Central Hong Kong[30]. - The company has identified only one operating segment, which is the provision of financial printing services, with all revenue generated in Hong Kong[19]. - The company has no new implementation or financing plans beyond those disclosed in the prospectus[40].
钜京控股(08450) - 2019 Q3 - 季度财报