Financial Performance - Revenue for the three months ended June 30, 2023, was HK$19,225,000, a decrease of 27% compared to HK$26,348,000 in the same period of 2022[17]. - Sales of alcoholic beverages contributed HK$8,342,000, down from HK$10,407,000, representing a decline of 20% year-over-year[17]. - Loan financing services revenue decreased by 32% to HK$10,883,000 from HK$15,941,000 in the previous year[17]. - Profit before tax for the period was HK$6,218,000, a decrease of 63% compared to HK$16,918,000 in the same period last year[17]. - Profit for the period was HK$4,327,000, down 68% from HK$13,588,000 in the prior year[17]. - Other income for the quarter was HK$9,223,000, a decrease of 45% from HK$16,620,000 in the same period of 2022[17]. - Total comprehensive expense for the period was HK$14,416,000, significantly higher than HK$6,794,000 in the prior year, indicating an increase of approximately 112.0%[19]. - Profit for the period attributable to owners of the Company decreased to HK$2,139,000 for the three months ended June 30, 2023, compared to HK$7,706,000 in the same period of 2022, representing a decline of approximately 72.3%[19]. - Total segment profit for the period was HK$5,153,000, down 36% from HK$8,096,000 in the previous year[46]. - The Group's profit for the Period was approximately HK$4.3 million, representing a decrease of approximately 68.4% from HK$13.6 million in the same period last year[107]. Revenue Breakdown - Revenue from the sale of alcoholic beverages was HK$8,342,000, down 20% from HK$10,407,000 in the previous year[36]. - Loan referral services income decreased to HK$2,591,000 from HK$4,130,000, representing a decline of 37%[36]. - Interest income from micro loans was HK$6,676,000, down 29% from HK$9,419,000 in the prior year[36]. - Interest income from other loans decreased to HK$1,616,000 from HK$2,392,000, a drop of 32%[36]. - The Group's revenue from contracts with customers totaled HK$10,933,000, a decrease of 25% compared to HK$14,537,000 in the same quarter of 2022[39]. - Revenue from the Wine Business decreased by approximately 20.2% to approximately HK$8.3 million, down from HK$10.4 million in the previous year[106]. - Revenue from the Loan Financing Business decreased by approximately 31.4% to approximately HK$10.9 million, compared to HK$15.9 million in the prior year[106]. Cost Management - Staff costs were reduced to HK$7,546,000, down from HK$8,494,000, reflecting a decrease of 11%[17]. - Finance costs decreased to HK$4,725,000 from HK$6,705,000, a reduction of 30%[17]. - Administrative and other operating expenses were approximately HK$2.1 million, a decrease of approximately 12.5% or HK$0.3 million from HK$2.4 million in 2022[117]. - Finance costs for the Period amounted to approximately HK$4.7 million, down from HK$6.7 million in 2022, mainly due to the expiration of certain debts[118]. Share Options and Equity - The Company has adopted a share option scheme to incentivize and retain high-caliber employees, with a total of 18,100,000 share options granted on December 17, 2015[70]. - As of June 30, 2023, the number of outstanding share options under the Share Option Scheme was 50,620,000, representing approximately 8.1% of the total shares issued[90]. - The maximum number of ordinary shares that can be allotted and issued under the refreshed scheme mandate limit as of July 31, 2020, is 519,272,689 shares, representing 10.0% of the total issued shares at that time[83]. - The total number of share options granted and outstanding as of June 30, 2023, remained unchanged at 85,922,330 under the Specific Mandate[90]. - The exercise price for share options granted on December 17, 2015, was adjusted to HK$8.00 per share after the share consolidation[86]. - The total outstanding share options as of June 30, 2023, were 136,542,330, with a weighted average exercise price of HK$5.0[102]. Market Conditions - The investment atmosphere was described as pessimistic, reflected by a drop in the Hang Seng Index of approximately 3,000 points compared to the previous year[106]. - The Group's financial performance was impacted by external market conditions affecting demand for premium wines[106]. - The Board anticipates that additional time is needed for the Group's operations to get back on track due to the economic situation in Hong Kong and the PRC[126]. Corporate Governance and Shareholding - The company is committed to corporate governance and transparency regarding shareholding interests[145]. - The company continues to monitor and comply with the Securities and Futures Ordinance regarding shareholding disclosures[148]. - The total number of shares held by substantial shareholders indicates a strong concentration of ownership within the company[149][151]. - The data reflects a diverse range of substantial shareholders, indicating potential stability and varied interests in the company's performance[149][151].
麦迪森控股(08057) - 2024 Q1 - 季度财报