Financial Performance - For the three months ended June 30, 2019, the group's revenue was approximately HKD 28.8 million, an increase of 29.4% compared to HKD 22.2 million for the same period in 2018[10]. - The group generated a net profit of approximately HKD 2.5 million for the three months ended June 30, 2019, compared to a net loss of approximately HKD 5.4 million for the same period in 2018[10]. - The total comprehensive income for the period was HKD 2.5 million, a significant recovery from the total comprehensive loss of HKD 5.4 million in the previous year[12]. - The company reported a basic earnings per share of HKD 0.31 for the three months ended June 30, 2019, compared to a loss per share of HKD 0.89 in the same period of 2018[12]. - Total revenue for the three months ended June 30, 2019, was HKD 28,788,000, compared to HKD 22,201,000 in 2018, reflecting a growth of 29.9%[30]. - The company reported a pre-tax profit of HKD 940,000 for the three months ended June 30, 2019, compared to HKD 896,000 in the same period of 2018[34]. - The company's revenue for the three months ended June 30, 2019, was approximately HKD 28.8 million, representing a 29.7% increase compared to HKD 22.2 million for the same period in 2018[42][46]. - The net profit for the three months ended June 30, 2019, was approximately HKD 2.5 million, a turnaround from a net loss of HKD 5.4 million in the same period of 2018[42][54]. Employee Costs - Employee costs increased to HKD 11.1 million for the three months ended June 30, 2019, compared to HKD 8.2 million in the same period of 2018, reflecting a rise of 35.4%[12]. - Total employee costs for the three months ended June 30, 2019, amounted to HKD 11,119,000, an increase from HKD 8,182,000 in the previous year, indicating a rise of 35.5%[32]. - Employee costs for the three months ended June 30, 2019, were approximately HKD 11.1 million, up from HKD 8.2 million in 2018, primarily due to an increase in the number of employees and sales commissions[48]. Dividends - The board of directors did not recommend the distribution of dividends for the three months ended June 30, 2019, consistent with no dividends declared in 2018[10]. - The company did not recommend any dividend distribution for the three months ended June 30, 2019, consistent with the previous year[36]. - The board did not recommend any dividend for the three months ended June 30, 2019[55]. Revenue Breakdown - Revenue from treatment services for the three months ended June 30, 2019, was HKD 26,964,000, representing a 27.5% increase from HKD 21,191,000 in the same period of 2018[30]. - Sales of skincare products for the same period reached HKD 1,474,000, up from HKD 602,000, marking a 144.5% increase year-over-year[30]. Operational Focus - The company continues to focus on expanding its skincare product offerings and enhancing service delivery in Hong Kong[18]. - The company is committed to ongoing research and development to innovate new products and improve existing services[18]. - The company plans to expand its operations by opening new centers in Central and Causeway Bay to capture growing customer demand[44]. - The management team is actively participating in industry exhibitions to stay updated on cutting-edge technologies and market trends[44]. - The company aims to enhance its competitive advantage by diversifying the range of services offered at its medical beauty centers[44]. Financial Position - The total equity of the company increased to HKD 73.2 million as of June 30, 2019, up from HKD 70.7 million at the beginning of the period[16]. - The cost of inventory and consumables for the three months ended June 30, 2019, was approximately HKD 2.7 million, compared to HKD 2.0 million in 2018, driven by sales growth[47]. - Depreciation expenses for property, plant, and equipment for the three months ended June 30, 2019, were approximately HKD 1.9 million, accounting for 6.5% of total revenue, compared to 5.9% in 2018[51]. - There were no significant capital commitments as of June 30, 2019[55]. Corporate Governance - The company has adopted the corporate governance code as per GEM Listing Rules Appendix 15 and has complied with all applicable provisions since its listing date[57]. - The audit committee, consisting of three independent non-executive directors, has reviewed the unaudited consolidated results for the three months ended June 30, 2019, and found them to comply with applicable accounting standards and GEM Listing Rules[59]. Shareholder Information - Equal Joy, a major shareholder, holds 600,000,000 shares, representing 75% of the company's equity after the share offering[68]. - The company has adopted a share option scheme to reward and recognize qualified individuals for their contributions, effective for ten years from September 21, 2018[71]. - As of June 30, 2019, there have been no share options granted, exercised, or canceled under the share option scheme[71]. - There are no outstanding share options, warrants, derivatives, or convertible securities as of the report date[71]. - No arrangements have been made for directors to acquire shares or debt securities of the company or any other corporation during the reporting period[72]. - There are no interests held by directors or their associates in any competing businesses during the review period[74].
亮晴控股(08603) - 2020 Q1 - 季度财报