Financial Performance - For the nine months ended September 30, 2021, revenue was approximately HKD 82.42 million, an increase of about 62.7% compared to HKD 50.65 million for the same period in 2020[5]. - Profit for the nine months ended September 30, 2021, was approximately HKD 22.64 million, representing a 42.8% increase from HKD 15.86 million for the same period in 2020[6]. - Basic and diluted earnings per share for the nine months ended September 30, 2021, were HKD 12.10, compared to HKD 7.96 for the same period in 2020[5]. - The company's net profit for the three months ended September 30, 2021, was HKD 8,944,233, compared to HKD 5,719,672 for the same period in 2020, representing a year-over-year increase of 56.5%[17]. - For the nine months ended September 30, 2021, the net profit was HKD 22,642,490, up from HKD 15,858,406 in the previous year, indicating a growth of 42.5%[17]. - Total comprehensive income for the three months ended September 30, 2021, was HKD 9,325,748, compared to HKD 4,444,020 in the same period of 2020, reflecting an increase of 109.5%[17]. - The company reported a total comprehensive income of HKD 27,562,292 for the nine months ended September 30, 2021, compared to HKD 12,634,007 for the same period in 2020, marking an increase of 118.5%[17]. Expenses and Costs - Employee costs for the nine months ended September 30, 2021, were approximately HKD 20.36 million, up from HKD 15.25 million for the same period in 2020, primarily due to business expansion[8]. - Commission expenses for the nine months ended September 30, 2021, were approximately HKD 13.24 million, an increase from HKD 8.65 million for the same period in 2020, driven by increased trading activity[8]. - Other operating expenses for the nine months ended September 30, 2021, were approximately HKD 13.10 million, compared to HKD 9.34 million for the same period in 2020, mainly due to increased marketing and IPO-related bank fees[8]. - The company recorded financing costs of approximately HKD 5.70 million for the nine months ended September 30, 2021, up from HKD 3.41 million for the same period in 2020[8]. - The total tax expense for the nine months ended September 30, 2021, was HKD 3,223,510, an increase from HKD 2,807,087 in the same period in 2020[64]. Revenue Sources - Revenue from securities and futures brokerage services, placement and underwriting services, and securities advisory services reached approximately HKD 50.86 million, up 61.7% from HKD 31.46 million in the previous year[85]. - Financing services generated revenue of approximately HKD 25.93 million, reflecting a 70.0% increase from HKD 15.26 million in the same period last year[96]. - Asset management services saw a significant increase in revenue to approximately HKD 4.02 million, a rise of 249.4% from HKD 1.15 million in the previous year[97]. - Financial advisory services reported a decrease in revenue to approximately HKD 0.97 million, down 46.4% from HKD 1.81 million in the same period last year[98]. - For the nine months ended September 30, 2021, customer contract revenue reached HKD 55,875,190, up 58.5% from HKD 35,318,592 in the prior year[48]. Market and Economic Context - The average daily trading volume in the Hong Kong stock market increased by approximately 43.4% to HKD 180.26 billion for the nine months ended September 30, 2021, compared to HKD 125.72 billion for the same period in 2020[79]. - The total trading volume for the nine months ended September 30, 2021, was approximately HKD 3,334.79 billion, a rise of about 41.9% from HKD 2,350.89 billion in the same period of 2020[79]. - The overall economic outlook for Hong Kong in 2021 remains influenced by global and local factors, including the effects of the COVID-19 pandemic[82]. Corporate Governance and Compliance - The board confirmed that the financial report is accurate and complete, with no misleading or fraudulent elements[5]. - The audit committee reviewed the unaudited consolidated financial statements for the nine months ended September 30, 2021, and confirmed compliance with applicable accounting standards[135]. - The company has adopted the revised Hong Kong Financial Reporting Standards for the first time during this financial period, ensuring consistency with the accounting policies applied in the previous fiscal year[37]. - The company did not experience any impact on its financial position or performance due to the amendments to the Hong Kong Financial Reporting Standards[40]. Shareholder Information - The major shareholder, DTTKF, holds 110,193,750 shares, representing 55.09% of the company's issued share capital[122]. - The company did not recommend the payment of a dividend for the nine months ended September 30, 2021, consistent with the previous year[9]. - The group declared an interim dividend of HKD 1.30 per share for the six months ended June 30, 2021, consistent with the previous year[70]. Strategic Plans and Future Outlook - The company plans to continue expanding its services in securities brokerage and financial advisory, leveraging its strong market position[24]. - The group plans to continue exploring opportunities in financial advisory services, although this is heavily dependent on the ongoing impact of COVID-19[2]. - The group will maintain a cautious approach to capital and liquidity management to address future challenges[1].
胜利证券(08540) - 2021 Q3 - 季度财报