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悟喜生活(08148) - 2023 - 中期财报
WUXI LIFEWUXI LIFE(HK:08148)2023-08-11 09:29

Revenue Performance - The Group's revenue for the three months ended June 30, 2023, was HK$4,054,000, a decrease of 33.8% compared to HK$6,121,000 for the same period in 2022[11]. - For the six months ended June 30, 2023, the Group's revenue increased to HK$13,331,000, up 8.5% from HK$12,284,000 in the previous year[11]. - Revenue from continuing operations for the three months ended June 30, 2023, was HK$4,054,000, a decrease of 33.8% compared to HK$6,121,000 in the same period of 2022[34]. - For the six months ended June 30, 2023, revenue from continuing operations increased to HK$13,331,000, up 8.5% from HK$12,284,000 in the same period of 2022[49]. - The increase in revenue was attributed to the Software Platform Business, which recorded a segment revenue of approximately HK$13,331,000 for the Period, up from HK$12,284,000 in 2022[116]. - The Mobile Games and Applications Business reported nil revenue for the Period, a decrease from HK$ nil in 2022, due to the obsolescence of current mobile games and a reassessment of the Group's strategy[117]. Profit and Loss - Gross profit for the three months ended June 30, 2023, was HK$2,096,000, down 49.2% from HK$4,122,000 in the same period of 2022[11]. - The Group reported a loss from operations of HK$2,810,000 for the three months ended June 30, 2023, compared to a profit of HK$47,000 in the same period last year[11]. - The loss for the period attributable to owners of the Company from continuing operations was HK$2,948,000 for the three months ended June 30, 2023, compared to a loss of HK$14,000 in the same period of 2022[13]. - The total loss for the period was HK$2,994,000 for the three months ended June 30, 2023, compared to a loss of HK$3,000 in the same period last year[13]. - For the six months ended June 30, 2023, the loss was HK$2,451,000, a significant decline from a profit of HK$231,000 in the same period of 2022[16]. - The total comprehensive income for the period was a loss of HK$2,440,000, reflecting a decrease from a total comprehensive income of HK$243,000 in the previous year[21]. - The consolidated net loss attributable to owners of the Company for the period was approximately HK$2,441,000, compared to a net profit of approximately HK$242,000 for the same period in 2022[125]. Expenses - Research and development expenses for the six months ended June 30, 2023, were HK$5,500,000, an increase of 9.7% from HK$5,014,000 in the previous year[11]. - The Group's administrative expenses for the six months ended June 30, 2023, were HK$3,385,000, an increase of 26.4% from HK$2,677,000 in the previous year[11]. - Administrative and other operating expenses rose by approximately HK$1,083,000 or 12.3% to approximately HK$9,907,000, compared to HK$8,824,000 in 2022[123]. - For the three months ended June 30, 2023, the company reported total staff costs of HK$4,405,000, an increase of 6.5% compared to HK$4,135,000 in the same period of 2022[62]. Assets and Liabilities - Current assets decreased slightly to HK$12,104,000 as of June 30, 2023, from HK$12,023,000 at the end of 2022[17]. - Non-current assets decreased to HK$7,011,000 as of June 30, 2023, down from HK$7,547,000 at the end of 2022[17]. - The company's net current liabilities increased to HK$3,836,000 as of June 30, 2023, compared to HK$1,903,000 at the end of 2022[17]. - Total equity attributable to owners decreased to HK$7,757,000 as of June 30, 2023, from HK$10,197,000 at the end of 2022[19]. - The company's cash and cash equivalents decreased to HK$1,369,000 as of June 30, 2023, from HK$4,445,000 at the end of 2022[17]. - Total liabilities increased to HK$15,940,000 in 2023 from HK$11,780,000 in 2022, marking a rise of 35.5%[49]. Financing and Cash Flow - The Group's finance costs increased to HK$142,000 for the three months ended June 30, 2023, compared to HK$66,000 in the same period of 2022[11]. - Net cash used in operating activities was HK$4,595,000, a decline from net cash generated of HK$663,000 in the same period last year[23]. - Cash and cash equivalents at the end of the period decreased to HK$1,369,000 from HK$5,335,000 at the end of June 2022, showing a significant reduction in liquidity[23]. - The company generated HK$1,610,000 from financing activities, an increase from HK$945,000 in the prior year, indicating improved financing efforts[23]. Corporate Governance and Shareholding - The company has complied with the Corporate Governance Code throughout the reporting period, except for provision A.2.1[195]. - The company emphasizes high standards of corporate governance and transparency to maximize returns to shareholders[194]. - The company has maintained high standards of corporate governance, focusing on shareholder integrity and accountability[199]. - As of June 30, 2023, the total number of shares issued by the company was 1,272,640,000[182]. - Mr. Liu Guanzhou holds 370,000,000 shares, representing approximately 29.07% of the total shareholding[180]. - The company has not granted any options under the Share Option Scheme during the reporting period, with a total of 127,264,000 options available for granting[187]. Business Strategy and Market Trends - The Group continues to focus on two main business segments: Software Platform Business and Mobile Games and Applications Business[156]. - The demand for IT solutions among Hong Kong SMEs is a key driver for market growth, with increased adoption of ERP and CRM solutions[162]. - Digital transformation has accelerated due to COVID-19, with businesses leveraging advanced technologies to improve operations[169]. - The Group aims to focus on growth prospects in fast-growing segments while maintaining its position in slower-growing areas[170]. - The Group's strategy reassessment led to the postponement of its previous mobile game development plan, but it remains committed to developing and publishing mobile games[160].