Financial Performance - Revenue for the first quarter ended June 30, 2022, was HKD 28,601,000, representing a 6.4% increase from HKD 26,886,000 in the same period of 2021[15] - Gross profit for the same period was HKD 13,364,000, up 22.6% from HKD 10,898,000 year-over-year[15] - Operating profit increased by 17.7% to HKD 6,615,000 compared to HKD 5,618,000 in the previous year[15] - Net profit for the quarter was HKD 5,832,000, reflecting a 28.3% increase from HKD 4,545,000 in Q1 2021[15] - Earnings per share (basic and diluted) rose by 32.3% to HKD 1.23 from HKD 0.93 in the same quarter last year[16] - Total comprehensive income for the period was HKD 5,381,000, compared to HKD 4,469,000 in Q1 2021[25] - The company reported a significant increase in profit attributable to owners, reaching HKD 5,918,000, a 32.0% rise from HKD 4,485,000 in the previous year[15] - Total comprehensive income for the period was HKD 5,501,000, up from HKD 4,413,000 year-over-year, reflecting a growth of 24.6%[40] - Revenue from the sale of electronic payment terminals and related equipment was HKD 11,531,000, an increase of 8.5% from HKD 10,631,000 in the previous year[40] - Revenue from system support and software solution services reached HKD 17,070,000, up 5% from HKD 16,255,000 year-over-year[40] - The total revenue for the period was HKD 28,601,000, compared to HKD 26,886,000 in the same quarter last year, marking a 6.8% increase[40] - The net profit for the same period increased by approximately 28.9%, reaching HKD 5.8 million in 2022, up from HKD 4.5 million in 2021, primarily due to increased gross profit from sales of electronic payment terminals and related equipment[62] - Gross profit for the three months ended June 30, 2022, was approximately HKD 13.4 million, an increase of about 22.9% from HKD 10.9 million in 2021, with the overall gross margin rising from approximately 40.5% to 46.7%[58] Expenses and Losses - Administrative expenses were slightly higher at HKD 5,068,000 compared to HKD 5,019,000 in the same quarter of 2021[19] - The company experienced other losses of HKD 1,681,000, compared to HKD 280,000 in the previous year[19] - The company reported a total tax expense of HKD 783,000, down from HKD 1,073,000 in the previous year, indicating a decrease of 27%[41] - The company incurred a foreign exchange loss of HKD 417,000 during the period, compared to a loss of HKD 451,000 in the previous year[40] - The company reported a decrease in cost of goods sold from approximately HKD 16.0 million in 2021 to HKD 15.2 million in 2022, a reduction of about 5.0%[56] - Other administrative expenses increased by approximately 8.8%, from HKD 3.4 million in 2021 to HKD 3.7 million in 2022, mainly due to increased depreciation and amortization[60] Corporate Governance - The company emphasizes maintaining high corporate governance standards, focusing on a high-quality board and sound risk management[97] - The company has adopted a code of conduct for securities trading by directors, ensuring compliance with GEM listing rules[96] - The board continues to monitor and review the company's corporate governance matters and will make necessary changes at the appropriate time[98] - The company has adopted the principles and code provisions of the Corporate Governance Code as per GEM Listing Rules Appendix 15[100] - The Audit Committee was established on November 23, 2016, and is responsible for overseeing the integrity of the company's financial statements[101] - The Audit Committee has reviewed the unaudited consolidated financial statements for the reporting period and believes they comply with applicable accounting standards[105] - The company has established an Audit Committee, Nomination Committee, and Remuneration Committee with clearly defined terms of reference[100] - The chairman and CEO roles are held by the same individual, which the board believes enhances consistent leadership[100] Market Outlook and Strategy - The board expressed optimism about future performance, citing strong revenue growth and profitability improvements[19] - The company continues to focus on expanding its market share in the electronic payment terminal sector and providing tailored software solutions[74] - The digital payment market, particularly in QR code payments and e-wallet systems, is expected to see significant growth opportunities, with the company focusing on enhancing its electronic payment terminal services and software solutions[77] - The company anticipates that the economic downturn due to COVID-19 in Hong Kong may negatively impact sales of electronic payment terminals and related services, potentially leading to a decrease in the number of terminals supported[77] - The company aims to strengthen its market position in electronic payment terminal sales and system support services by providing diversified and high-quality integrated services[77] Shareholding Structure - As of June 30, 2022, Mr. Lau holds 348,455,000 shares, representing 72.59% of the total issued shares, while Ms. Lam holds 2,765,000 shares, representing 0.58%[81] - Ms. Lam is considered to have an interest in the shares held by Mr. Lau due to their marital relationship, resulting in a combined interest of 351,220,000 shares or 73.17%[82] Reporting and Compliance - The company will publish the report on the Hong Kong Stock Exchange website for at least 7 days from the publication date[107] - The report will also be available on the company's website for stakeholders[107] - The company has not purchased, sold, or redeemed any of its listed securities during the reporting period[106] - The company has not entered into any significant contracts with its controlling shareholders during the reporting period[96]
俊盟国际(08062) - 2023 Q1 - 季度财报