Financial Performance - Total contract value obtained during the nine-month period reached HKD 463,000,000, approximately 1.1 times the total contract value signed in the entire year of 2021[4] - Revenue for the three-month period was HKD 122,758,000, bringing total revenue for the nine-month period to HKD 289,846,000, an increase of 5.91% compared to the same period in 2021[4] - Net profit for the nine-month period recorded at HKD 8,395,000, supported by a reduction in sales, marketing, and administrative expenses by HKD 9,283,000[4] - The group recorded operating profit of HKD 5,969,000 for the nine-month period, compared to a loss of HKD 5,704,000 in the previous year[6] - The group reported total revenue of HKD 289,846,000 for the nine-month period, a 5.91% increase from HKD 273,679,000 in the same period last year[33] - Gross profit for the nine-month period was HKD 65,727,000, with a gross margin of 22.68%, down from the previous year's HKD 69,369,000[33] - The group achieved a net profit of HKD 8,395,000 for the nine-month period, compared to a net loss of HKD 6,639,000 in the same period last year[35] Contract Acquisition - The company secured contracts worth HKD 169,400,000 focused on the Macau government and other vertical market clients[4] - The Hong Kong team signed contracts valued at HKD 62,400,000, while the mainland China team secured contracts worth HKD 206,600,000, approximately 1.3 times and 1.7 times the total contract value signed in 2021 respectively[4] - The company obtained a series of data network infrastructure contracts worth HKD 115,700,000 for new data centers in Europe and North America[4] - The mainland China market remains the primary revenue source, with contracts valued at HKD 206,600,000 during the nine-month period, contributing approximately 45% to the total contracts signed[29] - The group secured contracts worth HKD 37,400,000 from various gaming operators in Macau during the nine-month period, reflecting a cautious capital expenditure approach[26] - Contracts obtained from the Macau government and other vertical markets amounted to HKD 169,400,000, covering areas such as network infrastructure, monitoring, and software development[26] Shareholder Information - The company does not recommend the payment of an interim dividend for the nine-month period[4] - The group does not recommend paying an interim dividend for the nine-month period to retain cash for business operations[36] - As of September 30, 2022, José Manuel dos Santos holds 357,945,500 shares, representing 58.10% of the company's issued share capital[38] - The total personal equity of the key individual is 22,952,500 shares, which is held beneficially[39] - The personal equity of another key individual, 罗嘉雯, includes 3,292,500 shares, also held beneficially[41] - The major shareholders holding 5% or more of the company's issued share capital were disclosed, excluding the interests of directors and executives[41] - The equity held by ERL and OHHL is 357,945,500 shares, which also represents 58.10% of the company's issued share capital[44] - The company has not disclosed any competitive business interests among its directors or major shareholders[41] Operational Challenges - The company experienced a significant drop in visitor numbers from mainland China, plummeting from 336,488 in June to 7,321 in July due to COVID-19 outbreaks[25] - Monthly total revenue for the gaming sector fell to HKD 386 million in July, the lowest since February 2020[25] - The company faced ongoing challenges in the gaming business environment due to the lingering effects of the COVID-19 pandemic and upcoming public bidding announcements for gaming licenses[25] Future Outlook and Strategy - The company provided a future outlook, projecting a revenue growth of 10% for the next fiscal year, driven by new product launches and market expansion[52] - New product development includes the launch of a next-generation telecommunications service expected to generate an additional HKD 300 million in revenue[52] - The company is exploring market expansion opportunities in Southeast Asia, targeting a 25% market share within the next two years[52] - A strategic acquisition of a local telecom firm is in progress, which is anticipated to enhance the company's service offerings and customer base[52] - The company plans to invest HKD 150 million in research and development for innovative technologies over the next year[52] - The management highlighted a focus on improving operational efficiency, aiming for a 5% reduction in operational costs by the end of the fiscal year[52] - The company has set a performance guidance of achieving EBITDA margins of 30% for the upcoming quarter[52] - The board emphasized the importance of maintaining strong shareholder returns, with a proposed dividend increase of 10%[52] Equity and Share Repurchase - The company sold a 32.36% equity interest in a subsidiary, which was classified as a discontinued operation[11] - The company did not repurchase any shares during the nine-month period[46] - The company or its subsidiaries did not buy or sell any shares during the nine-month period[46] - The weighted average number of shares used for calculating diluted EPS was 620,754 thousand shares for the nine-month period[19]
爱达利网络(08033) - 2022 Q3 - 季度财报