Financial Performance - For the fiscal year ended June 30, 2023, the company reported a revenue of HKD 333,964,000, an increase of 12.9% compared to HKD 295,561,000 for the previous year[3] - The company incurred a loss of HKD 38,707,000 for the year, compared to a profit of HKD 40,701,000 in the previous year, representing a significant decline[2] - Operating loss for the year was HKD 37,941,000, a decrease from an operating profit of HKD 15,656,000 in the prior year[3] - Total comprehensive loss for the year amounted to HKD 44,880,000, compared to a total comprehensive income of HKD 38,050,000 in the previous year[5] - The group recorded a net loss of HKD 38,707,000 for the year, a significant decrease from a profit of HKD 40,701,000 in the previous year[15] - The company reported a basic loss per share of HKD 7.21, compared to earnings per share of HKD 7.70 in the previous year[6] - The company reported a net loss attributable to shareholders of HKD 38,710,000 in 2023, compared to a profit of HKD 41,375,000 in 2022[33] Revenue Breakdown - Total revenue for the group in 2023 was HKD 333,964,000, an increase from HKD 295,561,000 in 2022, representing a growth of approximately 13%[15] - The party products trading segment generated revenue of HKD 92,332,000 in 2023, down from HKD 115,510,000 in 2022, reflecting a decline of about 20%[15] - The securities brokerage and asset management segment reported a loss of HKD 6,794,000 in 2023, compared to a profit of HKD 41,044,000 in 2022[15] - The commodity trading segment saw significant growth, with revenue increasing to HKD 241,632,000 in 2023 from HKD 133,227,000 in 2022, marking an increase of approximately 81%[15] - Revenue from party product trading decreased to HKD 92,332,000 in 2023 from HKD 115,510,000 in 2022, representing a decline of 20%[25] - Revenue from commodity trading significantly increased to HKD 241,632,000 in 2023, up from HKD 133,227,000 in 2022, marking an increase of 81.5%[25] Assets and Liabilities - Current assets decreased to HKD 155,625,000 from HKD 226,150,000, indicating a reduction of 31.2%[7] - Total assets decreased to HKD 207,094,000 from HKD 239,639,000, reflecting a decline of 13.6%[7] - The company's equity attributable to shareholders decreased to HKD 142,670,000 from HKD 188,336,000, a drop of 24.2%[7] - Total assets as of June 30, 2023, amounted to HKD 207,094,000, with total liabilities of HKD 64,398,000[18] - Total liabilities were reported at HKD 52,063,000, with tax payable at HKD 4,941,000[19] Cash Flow and Financing - The company raised approximately HKD 286 million through a rights issue and subscription, with a net amount of about HKD 284 million after expenses[57] - The estimated remaining unutilized funds from the rights issue are expected to be used by June 30, 2024[59] - The company has no outstanding loans payable to third parties as of June 30, 2023[55] Operational Costs - The group’s unallocated corporate expenses increased to HKD 31,167,000 in 2023 from HKD 18,054,000 in 2022, indicating rising operational costs[15] - Operating expenses for the reporting period were approximately HKD 39.36 million, a decrease of about 17.57% from HKD 47.75 million in the previous year[50] Employee and Corporate Governance - The company had 36 employees as of June 30, 2023, down from 42 employees a year earlier[62] - The company has complied with the corporate governance code during the reporting period, with no CEO appointed, and the functions were undertaken by the board's executive committee[65] Future Plans and Developments - The company plans to enhance research and development efforts in artificial intelligence trading technology for sustainable long-term growth[64] Miscellaneous - The company did not declare any final dividend for the year ending June 30, 2023, consistent with the previous year[32] - The company did not sell any subsidiaries in the year ending June 30, 2023, but had previously sold Market Season Limited and other subsidiaries in 2022[41] - The company has not entered into any forward foreign exchange contracts to manage currency risks during the reporting period[61] - The annual performance announcement will be published on the company's website and the Hong Kong Stock Exchange website by October 31, 2023, or earlier[70] - The annual general meeting for shareholders is scheduled for December 15, 2023, at 3 PM in China[69] - The financial statements as of June 30, 2023, have been verified by the auditor, confirming consistency with the audited financial reports[68]
INTL GENIUS(00033) - 2023 - 年度业绩