Financial Performance - The group's revenue for the nine months ended December 31, 2021, was approximately HKD 243,033,000, a decrease of 48.9% compared to HKD 475,627,000 for the same period in 2020[4] - The group reported a loss of approximately HKD (18,365,000) for the nine months ended December 31, 2021, compared to a loss of HKD (7,522,000) for the same period in 2020[6] - The basic loss per share for the nine months ended December 31, 2021, was HKD (0.36) cents, compared to HKD (0.13) cents for the same period in 2020[6] - The gross profit for the nine months ended December 31, 2021, was HKD 15,383,000, down from HKD 36,263,000 in the same period of 2020, representing a decline of 57.5%[6] - Operating profit for the nine months ended December 31, 2021, was HKD 1,078,000, a significant decrease from HKD 17,494,000 for the same period in 2020[6] - The total comprehensive income for the nine months ended December 31, 2021, was HKD 7,930,000, compared to HKD 46,410,000 for the same period in 2020[15] - The total comprehensive loss for the period was HKD (17,757,000) for the nine months ended December 31, 2021[47] - The total revenue for the three months ended December 31, 2021, was HKD 18,591,000, a decrease of 80.5% from HKD 95,263,000 in the same period of 2020[31] - The loss attributable to equity holders was approximately HKD 17,757,000, compared to a loss of HKD 5,417,000 in the same period last year[57] Revenue Sources - Revenue from supply chain management services was HKD 243,033,000, while revenue from marine fishing business was HKD 0, down from HKD 2,708,000 in the previous year[31] - The group's revenue decreased to approximately HKD 243,033,000 during the period, compared to HKD 475,627,000 in the same period last year, primarily due to the ongoing impact of COVID-19 and related preventive measures[55] - The company experienced a significant decline in customer contract revenue, primarily due to reduced demand in its service segments[31] Expenses and Costs - The group incurred financing costs of HKD (19,551,000) for the nine months ended December 31, 2021, slightly down from HKD (19,975,000) in the same period of 2020[6] - The group’s administrative expenses for the nine months ended December 31, 2021, were HKD (19,141,000), a decrease from HKD (24,341,000) in the same period of 2020[6] - Administrative expenses decreased from HKD 24,000,000 in the previous year to approximately HKD 19,000,000, primarily due to cost control measures and reduced travel expenses[57] Shareholder Information - The weighted average number of ordinary shares issued was 4,971,692,543 for the nine months ended December 31, 2021[38] - As of December 31, 2021, major shareholder Liu Yi holds 724,292,000 shares, representing approximately 14.19% of the issued share capital[76] - Wei Qing holds 68,124,000 shares, accounting for approximately 1.34% of the issued share capital[73] - Cai Haiming owns 150,532,857 shares, which is about 2.95% of the issued share capital[73] Dividends and Stock Options - The group did not recommend any dividend payment for the current period, consistent with the previous year[4] - The company did not recommend any dividend for the nine months ended December 31, 2021, consistent with the previous year[49] - The company has not granted any stock options since the adoption of the stock option plan on October 18, 2011[78] Compliance and Governance - The audit committee, consisting of three independent non-executive directors, has reviewed the unaudited financial statements for the period and confirmed compliance with accounting standards[90] - The company has adopted a code of conduct for securities trading, ensuring compliance with GEM listing rules[86] - The company has not disclosed any changes in the information of directors and executives since the interim report dated November 11, 2021[83] - The company has not established any arrangements that would allow directors or their close associates to benefit from purchasing shares or bonds[80] - The company has not disclosed any other individuals holding significant interests in its shares as of December 31, 2021[76] Employment and Staffing - As of December 31, 2021, the group employed 58 staff members, down from 67 in the previous year, with total employee costs amounting to approximately HKD 6,726,000[68] Future Plans - The group has actively sought alternative procedures to update fishing licenses due to difficulties caused by COVID-19 travel restrictions[54] - The group plans to continue exploring opportunities in the deep-sea fishing business, leveraging the management team's extensive experience in this area[58]
中国海洋发展(08047) - 2022 Q3 - 季度财报