Revenue Performance - Revenue for the three months ended June 30, 2022, was HKD 4,899,000, a decrease of 37.4% compared to HKD 7,792,000 in the same period of 2021[5] - Revenue for the six months ended June 30, 2022, was HKD 8,318,000, down 45.8% from HKD 15,358,000 in the same period of 2021[5] - Total revenue for the six months ended June 30, 2022, was HKD 8,318,000, a decrease of 45.9% compared to HKD 15,358,000 for the same period in 2021[28] - Revenue from gold and jewelry products was HKD 209,000 for the six months ended June 30, 2022, down 95.8% from HKD 4,933,000 in 2021[28] - Revenue from enterprise software products was HKD 6,217,000 for the six months ended June 30, 2022, a decline of 13.4% from HKD 7,186,000 in 2021[28] - Sales from gold and jewelry products amounted to HKD 209,000, down from HKD 4,933,000 in the previous year, while revenue from enterprise software products decreased by about 13% to HKD 6,217,000[53] - The jewelry products segment recorded revenue of HKD 209,000, a significant decline from HKD 4,933,000 in the previous year[57] Net Loss and Financial Performance - The net loss for the three months ended June 30, 2022, was HKD 2,777,000, compared to a net loss of HKD 7,538,000 in the same period of 2021, representing a 63.2% improvement[7] - The net loss for the six months ended June 30, 2022, was HKD 5,139,000, a decrease of 48.0% from HKD 9,895,000 in the same period of 2021[7] - For the six months ended June 30, 2022, the company reported a loss attributable to owners of HKD 5,139,000, an improvement from a loss of HKD 9,895,000 in the same period last year[53] - The company reported a pre-tax loss of HKD 9,895,000 for the six months ended June 30, 2022, compared to a pre-tax loss of HKD 5,139,000 in the previous period[18] Assets and Liabilities - Total assets as of June 30, 2022, were HKD 101,958,000, down from HKD 104,102,000 as of December 31, 2021[9] - The total assets of the group as of June 30, 2022, were HKD 127,519,000, a decrease from HKD 130,484,000 at the end of the previous year[36] - Current liabilities as of June 30, 2022, were HKD 23,940,000, an increase from HKD 21,616,000 as of December 31, 2021[11] - The total liabilities of the group increased to HKD 24,139,000 from HKD 21,965,000 at the end of the previous year[36] - The company's equity total as of June 30, 2022, was HKD 103,380,000, down from HKD 108,519,000 as of December 31, 2021[11] Cash Flow and Liquidity - The company's cash and bank deposits increased to HKD 21,353,000 as of June 30, 2022, compared to HKD 19,562,000 as of December 31, 2021[9] - The cash and cash equivalents at the end of the period increased to HKD 21,353,000 from HKD 19,590,000 at the end of the previous period[18] - The company held cash and cash equivalents of HKD 21,353,000 as of June 30, 2022, compared to HKD 19,590,000 as of December 31, 2021[54] - The company’s debt ratio was zero as cash and cash equivalents exceeded total liabilities as of June 30, 2022[54] Shareholder Information - As of June 30, 2022, the company has a significant shareholder, Haitong Investment Limited, holding 804,159,697 shares, representing 41.29% of the issued share capital[62] - Another major shareholder, Shengyu Limited, owned 149,455,740 shares, accounting for 7.67% of the issued share capital as of June 30, 2022[67] Corporate Governance and Compliance - The company has maintained compliance with the GEM Listing Rules and corporate governance standards throughout the reporting period[70] - No purchases, sales, or redemptions of the company's listed securities occurred during the six-month review period[79] Future Outlook - The company has not disclosed any specific future outlook or guidance in the interim report[5] - The outlook for the second half of 2022 remains cautious due to ongoing economic challenges in mainland China, including low GDP growth and rising unemployment rates[59] - The management anticipates that the operating environment for the remainder of the year will remain unfavorable for business development, particularly impacting the jewelry product segment[60] Employee Information - The company’s employee count decreased to 36 from 41 at the beginning of the previous year[58] Taxation - The company did not make any provisions for Hong Kong profits tax due to tax losses incurred during the period[39] Operating Segments - The group identified two operating segments: jewelry products and information technology products and services, which are managed separately due to different resource requirements and market strategies[30]
御德国际控股(08048) - 2022 - 中期财报