Financial Performance - The group reported unaudited revenue of approximately HKD 14.0 million for the three months ended December 31, 2020, representing an increase of approximately 17.6% compared to the same period in 2019[4]. - The unaudited gross profit for the same period was approximately HKD 7.7 million, which is an increase of approximately 30.5% year-on-year[5]. - The group recorded an unaudited net profit of approximately HKD 1.4 million for the three months ended December 31, 2020, compared to a net loss of approximately HKD 2.0 million in the same period of 2019[6]. - Basic earnings per share for the three months ended December 31, 2020, was HKD 0.14, compared to a basic loss per share of HKD 0.20 for the same period in 2019[7]. - The total comprehensive income attributable to owners of the company for the three months ended December 31, 2020, was HKD 1.4 million, compared to a total comprehensive loss of HKD 2.0 million in the same period of 2019[10]. - The group recorded a loss of approximately HKD 2.0 million for the three months ended December 31, 2019, and a profit of approximately HKD 1.4 million after tax for the three months ended December 31, 2020, reflecting a significant improvement in performance[42]. Revenue Breakdown - Revenue from listing-related documents rose by approximately HKD 3.1 million to about HKD 8.0 million, while revenue from periodic reports, compliance documents, and miscellaneous marketing products decreased by approximately HKD 0.7 million, HKD 0.2 million, and HKD 0.2 million, respectively[32]. - The group's revenue increased by approximately 17.6% from about HKD 11.9 million for the three months ended December 31, 2019, to about HKD 14.0 million for the same period in 2020[34]. Expenses and Costs - Employee benefits expenses decreased from HKD 5.042 million to HKD 4.792 million, with salaries and allowances accounting for HKD 4.612 million[27]. - Administrative expenses decreased from approximately HKD 7.0 million for the three months ended December 31, 2019, to HKD 6.5 million for the three months ended December 31, 2020, primarily due to reduced employee costs and office maintenance expenses[39]. - Other income rose from HKD 44,000 to approximately HKD 1.0 million, primarily due to a one-time subsidy received under the government's employment support scheme[37]. Dividends and Shareholder Information - The board of directors decided not to declare any dividends for the three months ended December 31, 2020, consistent with the previous year[8]. - The major shareholder, Achiever Choice, holds 750,000,000 shares, representing 75% of the company's equity[52]. - The company did not declare any dividends for the three months ended December 31, 2020, consistent with the previous year[29]. - The board did not declare any dividends for the three months ended December 31, 2020, consistent with the previous year[47]. Corporate Governance and Compliance - The financial statements were prepared in accordance with Hong Kong Financial Reporting Standards and GEM Listing Rules[17]. - The company has complied with all corporate governance codes as of December 31, 2020[58]. - The audit committee has reviewed the unaudited consolidated performance for the three months ending December 31, 2020, and confirmed compliance with applicable accounting standards and GEM listing rules[60]. - The audit committee consists of independent non-executive directors, including Mr. Li Weiming (Chairman), Mr. Yin Zhenwei, and Ms. Zeng Zhaoyi[60]. Market Outlook - The company expects a strong and active IPO market in Hong Kong for 2021, which is anticipated to drive demand for financial printing services[33]. - The company is prepared to seize market opportunities and create long-term value for shareholders through exceptional service[33]. Operational Information - The company primarily engages in providing financial printing services in Hong Kong[16]. - The group generated all its revenue in Hong Kong, with no independent segment reporting due to the singular operational segment of financial printing services[23]. - The group had no significant contingent liabilities as of December 31, 2020, remaining unchanged from December 31, 2019[46]. - The group has no foreign exchange risk as its business activities are primarily conducted in Hong Kong and denominated in HKD[43]. - As of December 31, 2020, the group had no new implementation or financing plans beyond those disclosed in the prospectus[44]. - The company has adopted a share option scheme, but no options have been granted or exercised as of December 31, 2020[54]. Reporting and Issuance - The report was issued on February 8, 2021, by the Chairman and Executive Director, Mr. Chen Zengtie[60].
钜京控股(08450) - 2021 Q1 - 季度财报