Financial Performance - Revenue for the three months ended September 30, 2022, was HKD 18,163,000, an increase of 36.5% compared to HKD 13,383,000 for the same period in 2021[4] - Gross profit for the same period was HKD 1,540,000, with a gross margin of approximately 8.5%[4] - Operating loss decreased to HKD 2,320,000 from HKD 3,066,000 year-over-year, representing a 24.3% improvement[4] - Loss before tax was HKD 2,492,000, down from HKD 3,301,000, indicating a 24.4% reduction in losses[4] - Basic and diluted loss per share improved to HKD 0.31 from HKD 0.41, reflecting a 24.4% decrease in loss per share[4] - Total comprehensive loss for the period was HKD 1,929,000, compared to HKD 3,285,000 in the previous year, marking a 41.2% improvement[6] Revenue Breakdown - Revenue from the sale of swimwear and clothing products was HKD 5,632,000, significantly up from HKD 290,000 in the prior year[15] - Revenue from the sale of second-hand mobile phones was HKD 12,143,000, compared to HKD 11,809,000, showing a slight increase of 2.8%[15] - Revenue from the swimwear and apparel segment was approximately HKD 5,632,000, significantly up from HKD 1,147,000 in the same period last year, with a gross margin of 14%[28] - Revenue from the e-commerce and online shopping segment was approximately HKD 12,143,000, slightly up from HKD 11,809,000, but with a decreased gross margin of 3%[29] - Interest income from lending activities was HKD 388,000, down from HKD 427,000, indicating a decrease of 9.1%[15] - The lending segment generated revenue of approximately HKD 388,000, down from HKD 427,000 in the same period last year, maintaining a gross margin of 100%[30] Corporate Strategy and Governance - The company continues to focus on expanding its e-commerce and media-related services, alongside its core business in high-end swimwear and apparel[11] - The company plans to continue cost-cutting measures and rationalize production bases to address current market conditions[34] - The company aims to deepen relationships with existing customers and seek new opportunities, including those in mainland China[34] - The company did not recommend the payment of dividends for the three months ended September 30, 2022, consistent with the previous year[24] - The audit committee reviewed the unaudited results for the three months ending September 30, 2022[51] - The company complied with the corporate governance code as per GEM listing rules during the reporting period[54] - The company has adopted a code of conduct for securities trading by directors, in compliance with GEM listing rules[54] - The company is not aware of any incidents related to employees violating the code of conduct[55] Shareholder Information - The total number of issued shares as of September 30, 2022, was 792,745,615[44] - Liu Zhiyuan held 149,294,199 shares, representing approximately 18.83% of the issued share capital[43] - JL Investments owned 141,674,199 shares, accounting for approximately 17.87% of the issued share capital[43] - Big Good Management Limited held 135,053,384 shares, which is about 17.04% of the issued share capital[43] - The company did not repurchase any shares during the reporting period[51] - No significant shareholder or director had any competing business interests as of September 30, 2022[51] - As of September 30, 2022, the company had no unexercised share options under the plan[37] Miscellaneous - The conference call was held on November 8, 2022[57] - The chairman of the board is Liu Jinfa[56]
荟萃国际(控股)(08041) - 2023 Q1 - 季度财报