Financial Performance - For the six months ended March 31, 2021, the group's unaudited revenue was approximately HKD 21.6 million, a decrease of about 22.9% compared to the same period in 2020[4] - The group's unaudited gross profit for the same period was approximately HKD 10.7 million, representing a decrease of about 24.1% year-on-year[4] - The group recorded an unaudited net loss of approximately HKD 2.6 million for the six months ended March 31, 2021, compared to a net loss of approximately HKD 1 million for the same period in 2020[5] - Basic loss per share for the six months ended March 31, 2021, was HKD 0.26, compared to HKD 0.10 for the same period in 2020[6] - The group reported a total comprehensive loss of approximately HKD 2.6 million for the six months ended March 31, 2021[10] - The company reported a revenue decrease of approximately 22.9%, from HKD 28.0 million for the six months ended March 31, 2020, to HKD 21.6 million for the six months ended March 31, 2021[48] - The company recorded a loss attributable to shareholders of HKD 3,968,000 for the three months ended March 31, 2021, compared to a profit of HKD 1,042,000 for the same period in 2020[34] Assets and Liabilities - As of March 31, 2021, total non-current assets amounted to approximately HKD 13.5 million, down from HKD 19.5 million as of September 30, 2020[12] - Current assets totaled approximately HKD 80.1 million as of March 31, 2021, compared to HKD 88.4 million as of September 30, 2020[12] - The group's net assets as of March 31, 2021, were approximately HKD 70.3 million, down from HKD 72.8 million as of September 30, 2020[12] - The total trade receivables amounted to HKD 12,329,000 as of March 31, 2021, down from HKD 15,923,000 as of September 30, 2020[41] - The company reported a total lease liability of HKD 11,247,000 as of March 31, 2021, down from HKD 17,260,000 as of September 30, 2020[38] - Current liabilities were approximately HKD 21.7 million as of March 31, 2021, resulting in a current ratio of 3.7 times[62] Cash Flow - The net cash generated from operating activities for the six months ended March 31, 2021, was HKD 2,133,000, a decrease of 75% compared to HKD 8,557,000 for the same period in 2020[16] - The company reported a net cash decrease of HKD 4,586,000 for the six months ended March 31, 2021, compared to an increase of HKD 3,077,000 in the same period of 2020[16] - The total cash and cash equivalents at the end of the period were HKD 65,071,000, down from HKD 69,657,000 at the beginning of the period[16] - The company reported total cash outflow from leases of approximately HKD 6,453,000 for the period ended March 31, 2021[40] Expenses - The company incurred employee benefits expenses of HKD 9,435,000 for the six months ended March 31, 2021, a slight decrease from HKD 9,653,000 in the same period of 2020[31] - Service costs decreased from approximately HKD 13.9 million for the six months ended March 31, 2020, to approximately HKD 10.9 million for the six months ended March 31, 2021, a reduction of about 21.6%[51] - Administrative expenses decreased from approximately HKD 13.8 million for the six months ended March 31, 2020, to approximately HKD 12.8 million for the six months ended March 31, 2021[56] Dividends - The board of directors decided not to declare any dividends for the six months ended March 31, 2021, consistent with the previous year[7] - The company did not declare any dividends for the six months ended March 31, 2021, consistent with the previous year where no dividends were declared[32] - The board of directors decided not to declare an interim dividend for the six months ended March 31, 2021, compared to zero HKD for the same period in 2020[79] Market Outlook - The company anticipates a strong and active IPO market in Hong Kong in 2021, which is expected to drive demand for financial printing services[49] - The company has prepared to seize market opportunities by providing excellent service to existing clients and supporting their financial printing needs for listing-related documents[49] Corporate Governance - The company has complied with all corporate governance codes as per GEM listing rules during the reporting period[91] - The company has adopted the GEM Listing Rules regarding the standards for securities transactions by directors, confirming compliance for the six months ended March 31, 2021[92] - The Audit Committee has reviewed the unaudited consolidated results for the six months ended March 31, 2021, ensuring compliance with applicable accounting standards and GEM Listing Rules[95] Employee Information - The company had a total of 59 full-time employees as of March 31, 2021, an increase from 55 employees as of March 31, 2020[78] Other Information - There were no significant acquisitions or disposals of subsidiaries, associates, or joint ventures during the six months ended March 31, 2021[75] - There were no significant investments or capital assets as of March 31, 2021[76] - There were no contingent liabilities as of March 31, 2021, remaining at zero HKD since March 31, 2020[74] - The major shareholder, Achiever Choice, holds 750,000,000 shares, representing 75% of the company's equity[85] - The company has adopted a share option scheme to incentivize eligible participants, but no options have been granted or exercised as of March 31, 2021[87] - No repurchase of listed securities occurred during the six months ended March 31, 2021, and neither the company nor its subsidiaries bought or sold any such securities[93] - There were no significant events requiring disclosure after March 31, 2021, up to the report date[80]
钜京控股(08450) - 2021 - 中期财报