Financial Performance - The net profit for the six months ended June 30, 2023, was approximately 2.18 million MYR, a decrease of about 76.3% compared to 9.20 million MYR for the same period in 2022[11]. - Revenue for the six months ended June 30, 2023, was RM 46,256,000, an increase of 4.4% compared to RM 44,315,000 for the same period in 2022[147]. - Operating profit for the same period was RM 4,547,000, a decrease of 62.1% from RM 12,022,000 in the previous year[147]. - Basic earnings per share for the six months ended June 30, 2023, was 0.55 sen, compared to 2.30 sen for the same period in 2022[147]. - The company reported a total revenue of 16,292 thousand MYR for the six months ended June 30, 2023, compared to 2,199 thousand MYR for the same period in 2022, reflecting a significant increase[171]. Employee Costs - Employee costs increased by approximately 5.03 million MYR, contributing to the decline in net profit[11]. - The total employee cost for the six months ended June 30, 2023, was approximately 32.21 million MYR, accounting for 69.6% of the group's revenue, compared to 61.3% for the same period in 2022[47]. - The total employee costs for the six months ended June 30, 2023, were approximately 32.21 million MYR, an increase from 27.18 million MYR for the same period in 2022[109]. - Employee costs increased to RM 32,209,000 for the six months ended June 30, 2023, compared to RM 27,183,000 in the previous year, reflecting a rise of 18.6%[147]. - The total employee cost per employee per month remained relatively stable at approximately 3,723 MYR, compared to 3,686 MYR in the previous year[15]. Financial Costs and Income - The average actual interest rate for bank financing was 11.58% as of June 30, 2023, up from 7.76% on December 31, 2022[19]. - Financial costs increased from approximately 0.07 million MYR to about 0.32 million MYR, an increase of about 360%[17]. - Other income decreased by approximately 2.97 million MYR, resulting in a loss of about 2.96 million MYR compared to a gain of 0.01 million MYR in the previous year[14]. - Other income decreased to RM 1,410,000 from RM 2,971,000, indicating a decline of 52.6% year-over-year[147]. - The company incurred a financial cost of RM 319,000 for the period, compared to RM 72,000 in the previous year[147]. Cash Flow and Assets - Cash inflow from operating activities for the six months ended June 30, 2023, was approximately 4.01 million MYR, down from about 5.10 million MYR in the same period of 2022[44]. - The total cash and cash equivalents at the end of the period were 4,355 thousand MYR, down from 13,524 thousand MYR at the end of June 2022, indicating a decrease of approximately 67.7%[177]. - The company reported a net cash inflow from investing activities of 14,527 thousand MYR, significantly higher than the 4,429 thousand MYR reported in the same period last year[177]. - The total assets as of June 30, 2023, were RM 57,796,000, a decrease from RM 65,985,000 as of December 31, 2022[152]. - The company reported a total equity of RM 52,828,000 as of June 30, 2023, down from RM 65,985,000 at the end of 2022[152]. Corporate Governance and Future Outlook - The company has maintained good corporate governance standards to enhance investor confidence and accountability[75]. - The company has complied with the corporate governance code as of June 30, 2023, with no significant deviations noted[93]. - The company expects to maintain a healthy and strong overall outlook for the second half of 2023, assuming no significant changes in existing customer bookings[59]. - The company has not reported any significant adverse developments in its business since December 31, 2022[58]. - The audit committee reviewed the interim results for the six months ended June 30, 2023, with no objections raised regarding the accounting policies adopted by the group[94]. Share Options and Dividends - The total number of share options available for grant under the share option plan was 40,000,000 shares, representing 10% of the total issued shares as of the report date[69]. - There were no share options granted, exercised, canceled, or lapsed during the six months ended June 30, 2023[68]. - The company did not recommend the distribution of an interim dividend for the six months ended June 30, 2023, consistent with the previous year[88]. - The company has not declared any dividends during the reporting period[147]. - The company declared a special dividend of 15,337 thousand MYR, equivalent to 0.065 HKD per ordinary share, compared to a mid-term dividend of 12,000 thousand MYR in the previous year[187]. Operational Insights - The average number of service seats per month remained stable at approximately 1,114, with revenue per seat slightly increasing from 6,714 MYR to 6,920 MYR[13]. - The top five customers contributed approximately 74.5% of total revenue for the six months ended June 30, 2023, slightly down from 75.7% in the previous year[49]. - The company continues to explore potential opportunities to increase service capacity through partnerships with new database owners and insurance companies[110]. - The group maintains strict monitoring of overdue trade receivables, with a typical credit period of 30 days[193]. - The group's revenue primarily comes from telephone marketing services provided in Malaysia during a specific period[199].
比特策略(06113) - 2023 - 中期财报