Financial Performance - The company reported revenue of HKD 5,019,000 for Q1 2023, a decrease of 10.6% compared to HKD 5,614,000 in Q1 2022[4] - Gross profit for the quarter was HKD 951,000, representing a 47.6% increase from HKD 644,000 in the same period last year[4] - The company incurred a loss before tax of HKD 482,000, compared to a loss of HKD 1,433,000 in Q1 2022, indicating an improvement in financial performance[4] - Basic and diluted loss per share improved to HKD 1.9 from HKD 10.1 year-over-year[4] - The comprehensive loss attributable to the company's owners significantly decreased by 66.3% to HKD 500,000 from HKD 1,600,000 in Q1 2022[17] - Basic and diluted loss per share improved to HKD 0.019 from HKD 0.101 in the previous year[17] Revenue Breakdown - Revenue from home products sales was HKD 2,616,000, down from HKD 3,763,000, while sales of decorative products increased significantly to HKD 1,185,000 from HKD 349,000[8] - The group's revenue for Q1 2023 was HKD 5,000,000, a decrease of 10.7% compared to HKD 5,600,000 in Q1 2022[17] Cost Management - Total administrative expenses decreased to HKD 1,435,000 from HKD 1,601,000, reflecting cost control measures[4] - The company reported financial costs of HKD 1,000, a significant reduction from HKD 476,000 in the previous year[4] Shareholder Information - As of March 31, 2023, the company had 28,467,160 shares issued, with major shareholders holding significant stakes, including Perfect Advance Holdings Limited at 29.78%[20][22] - The company has no outstanding share options as of March 31, 2023[23] Future Outlook - The company is optimistic about future performance, expecting stable growth due to the easing of COVID-19 restrictions in China and plans to strengthen its business foundation[19] - The company aims to promote recurring profit growth and increase shareholder returns while seeking sustainable business opportunities aligned with long-term shareholder value[19] Compliance and Governance - The audit committee has reviewed the performance and confirmed compliance with applicable accounting standards and GEM listing rules[30] - The company has no significant commitments or contingent liabilities reported during the period[15] Dividends - The company did not declare any dividends for the reporting period, consistent with the previous year[14] Reserves - As of March 31, 2023, the company’s total reserves stood at HKD 2,381,000, down from HKD 2,912,000 at the beginning of the year[16] Foreign Exchange Risk - The company maintains a stable foreign exchange risk profile, with most transactions denominated in HKD, USD, or RMB, and has no foreign currency hedging policy[17]
曼妠(08186) - 2023 Q1 - 季度财报