Revenue Performance - The company reported unaudited revenue of approximately HKD 13,100,000 for the third quarter of the fiscal year 2023, a decrease of about 11.5% compared to HKD 14,800,000 in the same period of fiscal year 2022[4]. - For the nine-month period ending December 31, 2022, the unaudited revenue was HKD 37,800,000, down approximately 7.0% from HKD 40,700,000 for the same period in the previous year[4]. - For the third quarter of the fiscal year 2023, the company reported revenue of HKD 13,142,000, a decrease of 11.4% compared to HKD 14,845,000 in the same quarter of the previous year[25]. - Revenue from corporate finance and other consulting services decreased by approximately 6.5% in the third quarter of fiscal year 2023, primarily due to a continued decline in income from sponsorship services[50]. - The overall income from self-investment decreased by approximately 14.7% in the third quarter of fiscal year 2023 compared to the same period last year[52]. Profit and Earnings - The reported and underlying net profit for the nine-month period ending December 31, 2022, was approximately HKD 6,400,000 and HKD 7,400,000, respectively, compared to HKD 6,200,000 in the previous year[4]. - Basic and diluted earnings per share for the nine-month period were approximately HKD 0.75 and HKD 0.74, respectively, compared to HKD 0.70 and HKD 0.69 in the previous year[5]. - The company recorded a pre-tax profit of HKD 5,359,000 for the third quarter of fiscal year 2023, compared to HKD 3,641,000 in the same quarter of the previous year[6]. - The company reported a profit of HKD 6,031,000 for the nine months ended December 31, 2022, compared to HKD 5,625,000 for the same period in 2021, indicating an increase of about 7.2%[15]. - The underlying profit for the nine months ended December 31, 2022, was HKD 7,031,000, up from HKD 5,625,000 in the same period of the previous year, indicating a year-on-year increase of 25%[44]. Expenses and Costs - The company’s administrative and operating expenses decreased to HKD 17,615,000 for the nine-month period, down from HKD 18,780,000 in the previous year[6]. - The total employee costs, excluding directors' remuneration, were HKD 2,344,000 for the third quarter of 2023, down 32.3% from HKD 3,459,000 in the same period of 2022[38]. - Financial costs for the third quarter of 2023 amounted to HKD 1,166,000, an increase of 21% from HKD 964,000 in the third quarter of 2022[35]. - Administrative and operating expenses decreased to approximately HKD 4,400,000 in the third quarter of fiscal year 2023, down from approximately HKD 7,300,000 in the same quarter of the previous year[53]. Comprehensive Income - Total comprehensive income for the nine-month period ending December 31, 2022, was HKD 33,150,000, compared to a loss of HKD 8,329,000 in the previous year[9]. - The total comprehensive income for the nine months ended December 31, 2022, was HKD 406,029,000, compared to HKD 442,781,000 for the same period in 2021, reflecting a decrease of approximately 8.3%[15]. Shareholder Information - The company did not recommend any interim dividend for the third quarter of the fiscal year 2023[5]. - The company’s share premium as of December 31, 2022, was HKD 411,000,000, showing a slight increase from HKD 409,000,000 as of December 31, 2021[12]. - The total number of shares held by Mr. Zeng is 22,400,000, which represents 2.77% of the company's issued share capital[65]. - Major shareholder Flying Castle Limited owns 557,200,000 shares, equivalent to 68.98% of the company's issued share capital[65]. Market Strategy and Future Plans - The company plans to continue expanding its market presence and is focusing on new product development and technology advancements in the upcoming fiscal year[18]. - The company aims to expand its market presence through strategic investments and advisory services in both Japan and Hong Kong[48]. - The group aims to increase market share in rule-based consulting work due to anticipated demand from corporate actions and investment activities following the opening of borders between Hong Kong and mainland China[57]. - The management is exploring strategies to unlock the value of older properties in the investment portfolio through significant renovations and redevelopment in the active Japanese real estate market[58]. Investment and Financial Activities - The company has implemented a share buyback program, with a total of HKD 101,000 spent on share repurchases during the reporting period[15]. - The group entered into a revolving loan agreement with Dah Sing Bank for HKD 60,000,000 for investment and operational funding purposes[79]. - The self-investment activities contributed approximately 58.4% and 61.7% to the total revenue for the third quarter and the nine-month period, respectively[49]. Employee and Management Information - As of December 31, 2022, the group had 18 employees, a decrease from 20 employees as of December 31, 2021[73]. - The company has not granted any stock options as of December 31, 2022, and there are no unexercised stock options under the stock option plan[74]. - On January 5, 2023, the board approved the conditional reward of 240,000 new shares to selected employees, pending shareholder approval at a special meeting expected in August 2023[75].
浩德控股(08149) - 2023 Q3 - 季度财报