Financial Performance - For the three months ended June 30, 2022, the group recorded unaudited total revenue of approximately HKD 24.4 million, an increase of about 14.6% compared to HKD 21.3 million for the same period in 2021[8]. - The group reported an unaudited profit attributable to owners of the company of approximately HKD 6.0 million, representing an increase of about 9.1% from HKD 5.5 million in the same period last year[8]. - The operating profit for the three months ended June 30, 2022, was HKD 7.3 million, compared to HKD 6.5 million for the same period in 2021, reflecting a year-on-year increase of approximately 11.3%[9]. - The basic and diluted earnings per share for the period were HKD 0.60, compared to HKD 0.55 for the same period in 2021, marking an increase of approximately 9.1%[9]. - The total comprehensive income attributable to owners of the company for the period was HKD 5.2 million, down from HKD 5.8 million in the previous year, primarily due to foreign exchange losses[9]. - The profit before tax for the three months ended June 30, 2022, was HKD 6,004,000, compared to HKD 5,464,000 for the same period in 2021, reflecting an increase of 9.8%[29]. Revenue and Expenses - The group's revenue for the three months ended June 30, 2022, was HKD 24,357,000, representing an increase of 14.3% compared to HKD 21,322,000 for the same period in 2021[20]. - Sales of LED lighting devices amounted to HKD 11,629,000, a decrease of 32.4% from HKD 17,128,000 in the previous year[20]. - The cost of sales rose by approximately HKD 1.4 million or 15.2% to about HKD 10.6 million for the three months ended June 30, 2022, compared to approximately HKD 9.2 million for the same period in 2021[34]. - Gross profit increased by approximately HKD 1.6 million or 13.2% to about HKD 13.7 million for the three months ended June 30, 2022, with a gross margin decrease from approximately 56.9% to 56.3%[34]. - The group experienced an increase in administrative expenses to HKD 6.2 million from HKD 5.8 million in the previous year, reflecting a rise of approximately 6.0%[9]. - Employee benefits expenses for the three months ended June 30, 2022, were HKD 5,307,000, slightly down from HKD 5,394,000 in the same period last year, a decrease of 1.6%[24]. - The total tax expense for the three months ended June 30, 2022, was HKD 1,238,000, up from HKD 1,033,000 in the previous year, indicating a rise of 19.9%[27]. Dividends and Shareholder Information - The company did not recommend the payment of an interim dividend for the three months ended June 30, 2022[8]. - The company did not recommend the payment of an interim dividend for the three months ended June 30, 2022, consistent with the previous year[30]. - The weighted average number of ordinary shares for calculating basic earnings per share remained at 1,000,000,000 for both periods[29]. - The company maintains sufficient public float as of the report date[54]. Corporate Governance - The board is committed to maintaining high levels of corporate governance to enhance transparency and protect shareholder interests[52]. - The audit committee has reviewed the unaudited condensed consolidated financial statements for the three months ending June 30, 2022, confirming compliance with applicable accounting standards[56]. - The audit committee consists of independent non-executive directors, ensuring effective oversight of financial reporting processes[56]. - The board structure includes a clear separation of responsibilities between the chairman and the CEO, enhancing operational efficiency[52]. - The chairman and CEO, Mr. Tan, is also the founder, which the board believes benefits the company's business outlook[52]. - No directors or controlling shareholders have any competing business interests as of June 30, 2022[49]. Market Expansion and Operations - The company aims to become a leading LED lighting solutions provider in Asia, with optimistic market demand from well-known luxury brands in mainland China[39]. - The company established a physical workshop named "dot 3D Factory" to enter the 3D printing solutions market, offering a one-stop solution including 3D printing, scanning, and modeling services[39]. - The company plans to expand its 3D printing business by acquiring advanced 3D printing and scanning equipment and hiring high-quality talent[39]. - The company continues to engage in the sale of LED lighting devices and 3D printing materials, indicating ongoing market expansion efforts[19]. - The company is continuously assessing the overall impact of COVID-19 on its operations and has implemented all possible emergency measures to mitigate related effects[39]. Other Financial Information - The company has adopted new and revised Hong Kong Financial Reporting Standards, which did not have a significant impact on the reported amounts[16]. - Other income for the period was HKD 0.4 million, significantly higher than HKD 0.05 million in the same period last year, indicating improved revenue streams[9]. - The company reported a foreign exchange loss of HKD 0.8 million for the period, compared to a gain of HKD 0.3 million in the previous year, impacting overall comprehensive income[9]. - There have been no significant subsequent events reported after the reporting period[53]. - The company did not purchase, sell, or redeem any listed securities during the three months ending June 30, 2022[51].
英马斯集团(08136) - 2023 Q1 - 季度财报