Financial Performance - For the nine months ended December 31, 2022, the group recorded unaudited total revenue of approximately HKD 65.7 million, an increase of about 2.3% compared to HKD 64.2 million for the same period in 2021[8]. - The profit attributable to owners of the company for the nine months ended December 31, 2022, was approximately HKD 12.4 million, a decrease of about 18.4% from HKD 15.2 million for the same period in 2021[8]. - The group reported a gross profit of HKD 32.9 million for the nine months ended December 31, 2022, down from HKD 35.3 million in the same period of 2021, reflecting a decrease of approximately 6.8%[9]. - Operating profit for the nine months ended December 31, 2022, was HKD 15.2 million, compared to HKD 18.4 million for the same period in 2021, representing a decline of about 17.9%[9]. - The basic and diluted earnings per share for the nine months ended December 31, 2022, were HKD 1.24, down from HKD 1.52 for the same period in 2021[9]. - The total comprehensive income attributable to owners of the company for the nine months ended December 31, 2022, was HKD 11.1 million, down from HKD 15.0 million in the same period of 2021, reflecting a decrease of approximately 25.9%[9]. - Total comprehensive income for the period was HKD 11,124,000, down from HKD 14,985,000 in the previous year, reflecting a decline of about 25.5%[11]. Revenue Breakdown - Revenue for the nine months ended December 31, 2022, was HKD 65,662,000, slightly up from HKD 64,230,000 in 2021, indicating a growth of approximately 2.2%[21]. - Sales of LED lighting devices amounted to HKD 38,742,000 for the nine months, down from HKD 43,364,000 in the previous year, a decrease of about 10.5%[21]. - The company reported sales of 3D printing materials and services totaling HKD 2,470,000 for the nine months, with no sales recorded in the previous year[21]. - Comprehensive LED lighting solutions service revenue increased to HKD 19,743,000 from HKD 14,056,000, marking a growth of approximately 40.5%[21]. Expenses and Losses - Administrative expenses increased to HKD 18.8 million for the nine months ended December 31, 2022, from HKD 17.9 million in the same period of 2021, indicating an increase of approximately 5.1%[9]. - The group experienced a net loss of HKD 172,000 in other gains and losses for the nine months ended December 31, 2022, compared to a gain of HKD 581,000 in the same period of 2021[9]. - The company reported a foreign exchange loss of HKD 1.3 million for the nine months ended December 31, 2022, compared to a loss of HKD 179,000 in the same period of 2021[9]. - Selling costs increased by approximately HKD 3.8 million or 13.1% to about HKD 32.8 million for the nine months ended December 31, 2022, primarily due to increased subcontracting expenses in China[35]. - Income tax expenses decreased to approximately HKD 2.6 million for the nine months ended December 31, 2022, down from about HKD 3.1 million for the same period in 2021, mainly due to reduced profits in Hong Kong and China subsidiaries[37]. Dividends and Retained Earnings - The board of directors did not recommend the payment of an interim dividend for the nine months ended December 31, 2022[8]. - The company did not declare any interim dividend for the current period, compared to HKD 4,000,000 declared in the previous year[11]. - The company’s retained earnings as of December 31, 2022, were HKD 30,612,000, compared to HKD 26,016,000 at the end of the previous year, reflecting an increase of about 17.5%[11]. Strategic Focus and Market Position - The company continues to focus on expanding its LED lighting solutions and 3D printing services as part of its growth strategy[15]. - The company aims to become a leading LED lighting solutions provider in Asia, driven by optimistic market demand from well-known luxury brands in mainland China[40]. - The establishment of the "dot 3D Factory" in 2021/22 marks the company's entry into the 3D printing solutions market, offering a one-stop solution including 3D printing, scanning, modeling, and sales of materials[40]. - The company plans to expand its 3D printing business by acquiring advanced equipment and hiring high-quality talent to adapt to market developments and technological updates[40]. - The increase in revenue was primarily driven by the growth in comprehensive LED lighting solution services, which generated an additional HKD 5.6 million[34]. Corporate Governance and Shareholder Information - The board is committed to maintaining high levels of corporate governance to enhance transparency and protect shareholder interests[53]. - The company continues to evaluate the effectiveness of its corporate governance structure, particularly regarding the separation of the roles of Chairman and CEO[53]. - As of the report date, the company has a significant shareholder, Mr. Tan, who indirectly holds 490,000,000 shares, representing 49% of the company's equity[42]. - Garage Investment, owned by Mr. Tan, also holds 490,000,000 shares, equating to a 49% ownership stake in the company[44]. - The company has not purchased, sold, or redeemed any of its listed securities in the nine months ending December 31, 2022[52]. Audit and Compliance - The financial information in this report has not been audited by the company's auditors[57]. - The audit committee has reviewed the unaudited condensed consolidated financial statements for the nine months ended December 31, 2022, and believes the performance complies with applicable accounting standards and GEM listing rules[57]. - No significant subsequent events have occurred after the reporting period and up to the date of this report[55]. - The company has maintained sufficient public float as of the report date[56].
英马斯集团(08136) - 2023 Q3 - 季度财报