Financial Performance - For the first quarter of the fiscal year 2024, Altus Holdings Limited reported unaudited revenue of HKD 12,400,000, a decrease of 14.0% compared to HKD 14,500,000 in the first quarter of the fiscal year 2023[6]. - The reported and underlying profit for the first quarter of fiscal year 2024 was HKD 3,200,000, an increase from HKD 3,000,000 in the same period last year[6]. - Basic and diluted earnings per share for the first quarter of fiscal year 2024 were HKD 0.38, compared to HKD 0.37 in the first quarter of fiscal year 2023[7]. - The group recorded a pre-tax profit of HKD 4,419,000, up from HKD 3,938,000 in the previous year[7]. - Total comprehensive income for the first quarter of fiscal year 2024 was a loss of HKD 25,188,000, an improvement from a loss of HKD 33,260,000 in the same period last year[9]. - The company reported a profit attributable to shareholders of HKD 2,981 million for the period ending June 30, 2022, compared to HKD 3,024 million for the same period last year, reflecting a decrease of approximately 1.4%[11]. - The company achieved a net profit of HKD 3,200,000 in Q1 FY2024, up from HKD 3,000,000 in Q1 FY2023, despite a decrease in revenue[46]. Revenue Breakdown - Revenue from corporate financing and consulting services decreased to HKD 4,524,000 in Q1 2024 from HKD 6,358,000 in Q1 2023, representing a decline of approximately 29%[20]. - Total rental income from investment properties was HKD 7,908,000 in Q1 2024, down from HKD 8,104,000 in Q1 2023, a decrease of about 2.4%[21]. - Net rental income for Q1 2024 was HKD 5,333,000, compared to HKD 5,657,000 in Q1 2023, reflecting a decline of approximately 5.7%[21]. - Revenue from corporate finance and other consulting services decreased by 28.9% in Q1 FY2024 due to a lack of IPO sponsorship activities[42]. - Self-investment income decreased by 2.4% to HKD 7,900,000 in Q1 FY2024, primarily due to the depreciation of the Japanese yen[44]. Expenses and Costs - Administrative and operating expenses decreased to HKD 4,305,000 from HKD 7,405,000 year-over-year, contributing to improved profitability despite lower revenue[7]. - The company’s financial costs increased to HKD 1,208,000 from HKD 875,000 year-over-year[7]. - The financial costs related to secured bank loans rose to HKD 1,208,000 in Q1 2024 from HKD 875,000 in Q1 2023, an increase of approximately 37.9%[30]. Shareholder Information - As of June 30, 2023, Mr. Ye holds a total of 558,450,000 shares, representing approximately 68.73% of the company's issued share capital[54]. - Major shareholders, including Flying Castle Limited and KHHL, collectively own 557,200,000 shares, equating to 68.58% of the company[54]. - The company has no arrangements for directors or senior management to benefit from purchasing shares or related securities during the first quarter of the 2024 fiscal year[53]. - The total number of shares held by Mr. Zeng is 22,400,000, which is 2.76% of the total issued share capital[54]. Corporate Governance - The audit committee, consisting of three independent non-executive directors, reviewed the unaudited consolidated results for the first quarter of the fiscal year 2024[73]. - The board of directors includes executive directors Ye Tianci, Zeng Xianpei, and Liang Chuo Ran, along with independent non-executive directors Zhao Tianyue, Chen Chenguang, and Li Shuxian[75]. Compliance and Reporting - The company’s financial statements are prepared in accordance with the Hong Kong Financial Reporting Standards, ensuring compliance with applicable regulations[17]. - The company has adopted revisions to the Hong Kong Financial Reporting Standards effective from April 1, 2023, with no significant impact on the reported amounts[18]. - The report will be published on the Hong Kong Stock Exchange website and the company's website for at least seven days from the publication date[76].
浩德控股(08149) - 2024 Q1 - 季度财报