Financial Performance - For the nine months ended June 30, 2020, the group reported unaudited revenue of approximately HKD 60.6 million, an increase of about 32.3% compared to the same period in 2019[6]. - The gross profit for the nine months ended June 30, 2020, was approximately HKD 32.1 million, representing a significant increase of 76.4% year-on-year[6]. - The group recorded an unaudited net profit of approximately HKD 10.8 million for the nine months ended June 30, 2020, compared to a net loss of approximately HKD 6.7 million for the same period in 2019[6]. - Basic earnings per share for the nine months ended June 30, 2020, was HKD 1.08, compared to a basic loss per share of HKD 0.67 for the same period in 2019[6]. - For the three months ended June 30, 2020, the group reported revenue of HKD 32.6 million, compared to HKD 23.3 million for the same period in 2019, marking a year-on-year increase of approximately 39.9%[9]. - The gross profit for the three months ended June 30, 2020, was HKD 18.0 million, up from HKD 9.6 million in the same period of 2019, reflecting an increase of 88.5%[9]. - The group achieved a profit before tax of HKD 12.0 million for the three months ended June 30, 2020, compared to a profit of HKD 1.4 million for the same period in 2019[9]. - Total comprehensive income for the nine months ended June 30, 2020, amounted to HKD 10.8 million, compared to a total comprehensive loss of HKD 6.7 million for the same period in 2019[9]. - Revenue for the nine months ended June 30, 2020, reached HKD 60,587,000, up 32.5% from HKD 45,755,000 in the previous year[23]. - The company reported a total comprehensive income of HKD 3,793,000 for the three months ended June 30, 2020, compared to HKD 6,071,000 for the same period in 2019, reflecting a decrease of 37.5%[27]. Dividends and Shareholder Information - The group did not declare any dividends for the nine months ended June 30, 2020, consistent with the previous year[6]. - There were no dividends declared for the nine months ended June 30, 2020, consistent with the previous year[43]. - Achiever Choice holds 750,000,000 shares, representing 75% of the company's issued share capital as of June 30, 2020[48]. - No share options were granted under the share option scheme since its adoption, and there were no share options exercised, cancelled, or lapsed during the nine months ended June 30, 2020[50]. Expenses and Liabilities - Employee benefits expenses, including director remuneration, decreased to HKD 13,446,000 for the nine months ended June 30, 2020, down 26.6% from HKD 18,386,000 in the previous year[27]. - Selling and distribution expenses decreased from approximately HKD 2.4 million to about HKD 1.8 million, primarily due to reduced employee costs[35]. - Administrative expenses also decreased from approximately HKD 23.1 million to about HKD 18.9 million, despite an increase in depreciation of right-of-use assets[37]. - The company has no significant contingent liabilities as of June 30, 2020[42]. Operational Insights - The financial printing services segment is the sole operating segment of the company, with all revenue generated from this service[24]. - The company experienced a rise in revenue from the IPO-related documents segment, which increased by approximately HKD 13.0 million to about HKD 30.2 million for the nine months ended June 30, 2020[31]. - The company’s compliance documents revenue for the three months ended June 30, 2020, was HKD 2,985,000, a decrease of 15.5% from HKD 3,531,000 in the same period of 2019[23]. - The company noted early signs of recovery in IPO activities in Hong Kong, indicating a potential increase in demand for financial printing services[32]. Compliance and Governance - The audit committee reviewed the unaudited consolidated results for the nine months ended June 30, 2020, and confirmed compliance with applicable accounting standards and GEM listing rules[56]. - The company did not redeem any of its listed securities, nor did it or any of its subsidiaries purchase or sell such securities during the nine months ended June 30, 2020[55]. - There were no competitive businesses or interests reported by directors or major shareholders during the nine months ended June 30, 2020[51]. - The company incurred a tax expense of HKD 211,000 for the three months ended June 30, 2020, as it became subject to Hong Kong profits tax[26]. Asset and Equity Position - The group's total equity as of June 30, 2020, was approximately HKD 79.6 million, an increase from HKD 73.6 million as of June 30, 2019[11]. - The company’s total assets and liabilities are located entirely in Hong Kong, indicating a focused operational geography[24]. - The adoption of HKFRS 16 resulted in the recognition of right-of-use assets and corresponding lease liabilities, impacting the financial statements starting from October 1, 2019[20].
钜京控股(08450) - 2020 Q3 - 季度财报