Financial Performance - For the nine months ended December 31, 2022, the group's unaudited revenue reached HKD 70,271,000, an increase of approximately 506.9% compared to the same period in 2021[5]. - The company reported a profit attributable to owners of approximately HKD 1,809,000 for the nine months ended December 31, 2022, compared to a loss of approximately HKD 3,819,000 in the same period of 2021[5]. - The earnings per share for the nine months ended December 31, 2022, was approximately HKD 0.07, a significant improvement from a loss of HKD 0.15 per share in the previous year[9]. - The total gross profit for the nine months ended December 31, 2022, was HKD 12,850,000, compared to HKD 6,948,000 for the same period in 2021[7]. - The group reported a profit before tax of HKD 3,065,000 for the nine months ended December 31, 2022, compared to a loss of HKD 2,797,000 in the same period of 2021[22]. - The net profit for the nine months ended December 31, 2022, was HKD 1,809,000, a recovery from a loss of HKD 3,819,000 in the same period of 2021[27]. - Total revenue for the nine months ended December 31, 2022, reached HKD 70,271,000, up from HKD 11,579,000 in the same period of 2021, indicating a substantial increase of approximately 505%[19]. Revenue Breakdown - Revenue from dry bulk shipping and logistics agency services for the nine months ended December 31, 2022, was HKD 55,102,000, a significant increase from HKD 699,000 in the same period of 2021[17]. - Revenue from IP automation and entertainment business for the nine months ended December 31, 2022, was HKD 15,169,000, compared to HKD 10,880,000 in the same period of 2021, reflecting a growth of approximately 39.5%[19]. - The group recorded revenue of approximately HKD 55,102,000 from dry bulk shipping and logistics services, a significant increase from HKD 699,000 in the previous year, resulting in a profit of approximately HKD 3,765,000 compared to HKD 472,000 last year[32]. - Revenue from IP automation and entertainment business reached approximately HKD 15,169,000, representing a growth of about 39.4% from HKD 10,880,000 in the previous year, driven by contributions from various entertainment venues and IP-related services[33]. Expenses and Costs - The administrative and operating expenses for the nine months ended December 31, 2022, were HKD 10,516,000, an increase from HKD 9,582,000 in the previous year[7]. - The financing costs for the nine months ended December 31, 2022, were HKD 49,000, a decrease from HKD 167,000 in the previous year[7]. - The group incurred employee benefits expenses of HKD 5,237,000 for the nine months ended December 31, 2022, compared to HKD 3,462,000 in the same period of 2021[22]. - Administrative and operating expenses for the nine months ended December 31, 2022, were approximately HKD 10,516,000, up from HKD 9,582,000 in the previous year, primarily due to increased employee costs and bonuses[36]. Dividend and Shareholder Information - The company did not recommend the payment of a dividend for the nine months ended December 31, 2022[5]. - The company did not recommend any dividend payment for the nine months ended December 31, 2022[26]. - As of December 31, 2022, the company’s major shareholders include Ms. He Chaorong with 407,890,000 shares (15.61%) and Ms. Wen Yingyi with 441,900,000 shares (16.91%)[47]. - Major shareholders also include Mr. Chen Yufeng with 251,462,500 shares (9.62%) and Mr. Lin Jinhong with 163,900,000 shares (6.27%)[51]. - The average number of issued ordinary shares for the nine months ended December 31, 2022, was 2,612,959,333 shares[27]. Corporate Governance - The board confirmed that the information provided in the report is accurate and complete, with no misleading elements[3]. - The company has complied with the GEM Listing Rules and corporate governance code, with the exception of the chairman's absence at the annual general meeting[57]. - The company has adopted a code of conduct for securities trading by directors, which has been adhered to throughout the reporting period[56]. - The company’s independent non-executive directors include Dr. Zhou Haoyun, Mr. Shao Zhiyao, and Mr. Li Zhiqiang[60]. - The audit committee, consisting of three independent non-executive directors, reviewed the unaudited condensed consolidated financial statements for the nine months ending December 31, 2022[60]. Business Strategy and Operations - The company experienced a significant increase in revenue driven by improved operational performance and market conditions[5]. - The group is actively seeking business partners to expand entertainment venues in Hong Kong and Macau, with ongoing discussions with various clients and shipping agents[41]. - The large integrated entertainment experience venue "Sooper Yoo" in Westwood has commenced operations, contributing to the group's revenue since the third quarter of 2022[41]. - The group maintains a conservative financial policy, with all bank deposits held in HKD to minimize foreign exchange risk[37]. - The group has established solid relationships with suppliers and customers from China and Hong Kong, aiming to diversify its business model to reduce operational risks[41]. - The group is committed to improving existing operations to increase revenue and maximize returns for shareholders[42]. Other Information - The company has no record of purchasing, redeeming, or selling any of its listed shares during the nine months ending December 31, 2022[54]. - No rights were granted to any directors or their family members to benefit from acquiring shares or debt securities of the company during the reporting period[52]. - The company’s chairman, Ms. He Chaorong, was unable to attend the annual general meeting due to other important duties[59].
宏海控股集团(08020) - 2023 Q3 - 季度财报