Financial Performance - Revenue for the three months ended June 30, 2023, was approximately HKD 11.6 million, a decrease of about 14.2% compared to HKD 13.5 million for the same period in 2022[3] - The loss attributable to the owners of the company was approximately HKD 3.9 million, compared to a loss of HKD 3.1 million for the same period in 2022[3] - Basic loss per share attributable to the owners of the company was HKD 0.56, compared to HKD 0.46 for the same period in 2022[4] - Total comprehensive loss for the period was HKD 3.36 million, with a loss attributable to the owners of the company of HKD 3.85 million[4] - The company reported a loss attributable to shareholders of HKD 3.85 million for the three months ended June 30, 2023[29] - The loss attributable to the company's owners increased by HKD 0.8 million to approximately HKD 3.9 million, driven by a revenue decrease of about HKD 1.9 million and an increase in financial costs of about HKD 0.6 million[39] Revenue Breakdown - Revenue from assessment and consulting services dropped by 39.3% from approximately HKD 7.3 million to about HKD 4.4 million, primarily due to a downturn in the Hong Kong investment market[31] - Revenue from financing services decreased by 20.0% from approximately HKD 6.1 million to about HKD 4.9 million, attributed to a reduction in the loan portfolio size[31] - Interest income from financing services was HKD 4.9 million, contributing approximately 42.2% to total revenue[31] - The securities brokerage, placement, and underwriting segment accounted for approximately 19.5% of the group's total revenue, with earnings increasing from about HKD 0.1 million to approximately HKD 2.3 million due to active investment sentiment in the US stock market[33] Expenses - Employee benefit expenses for the period were HKD 8.26 million, down from HKD 9.96 million in the same period last year[4] - Employee benefits expenses decreased from HKD 9.36 million to HKD 8.26 million, reflecting a reduction in salaries and allowances[21] - Employee benefit expenses decreased by 17.1% compared to the previous period, mainly due to a reduction in headcount, while bonuses were paid to retain high-caliber personnel[35] - Financial costs increased to HKD 2.11 million from HKD 1.51 million in the previous year[4] - Financial costs rose from HKD 1.51 million to HKD 2.11 million, primarily due to increased bank borrowing interest[24] - Financial costs increased by approximately 39.9% from about HKD 1.5 million to approximately HKD 2.1 million, primarily due to rising interest rates[37] Dividends and Shareholder Information - The company did not declare any dividends for the three months ended June 30, 2023[2] - The company did not declare any dividends for the period, consistent with the previous year[28] - As of June 30, 2023, the total number of issued shares is 702,081,660[49] - Mr. Yu Ji Hua holds 17,540,000 shares, representing 2.50% of the company's equity[49] - Aperto Investments Limited and Mr. Lu Ji Ren each hold 210,000,000 shares, accounting for 29.91% of the total equity[53] - The company did not repurchase any shares listed on GEM during the period[56] Corporate Governance - The company has adopted a code of conduct for directors regarding securities trading, ensuring compliance with GEM listing rules[57] - The board of directors is committed to maintaining high standards of corporate governance and has complied with all provisions of the GEM Corporate Governance Code, except for certain deviations[58] - The audit committee currently consists of two members, which does not meet the GEM listing rule requirement of at least three independent non-executive directors[60] - No significant transactions or contracts were reported involving directors or their related entities during the period[62] - There were no conflicts of interest reported between directors and the company's business[63] - The audit committee has reviewed the unaudited condensed consolidated financial statements and this report[64] - The executive directors are Yu Ji-hua (Chairman and CEO) and Li Shang-qian, along with independent non-executive directors Zhong Wen-li and Li De-xian[65] Strategic Initiatives - The company is primarily engaged in investment holding and provides assessment and consulting services, financing services, and securities brokerage[7] - The company aims to become a leading provider of valuation and advisory services in Hong Kong, exploring various acquisition opportunities and business collaborations to maintain its market position[47] - The anticipated interest rate hike environment is expected to hinder acquisition opportunities and the growth of valuation and advisory services[47] - A subsidiary has applied for a license to engage in virtual asset-related activities, which aligns with the company's strategy to offer diversified services and create synergies across its business lines[47] - The company plans to utilize the unspent proceeds from the 2017 rights issue by March 31, 2024, with approximately HKD 135 million allocated for financing business expansion and HKD 34.1 million for potential business investments[42] Other Income - Other income and losses for the period were HKD 3.32 million, compared to HKD 3.52 million in the same period last year[4] - Other income increased from HKD 2.26 million to HKD 3.26 million, driven by higher bank interest income and marketing service revenue[18] - Other income and losses decreased by 5.8% from approximately HKD 3.5 million to about HKD 3.3 million, primarily due to a reduction in management fee income and government subsidies, offsetting an increase in other marketing service income[34]
罗马元宇宙集团(08072) - 2024 Q1 - 季度财报