Financial Performance - Revenue for the three months ended June 30, 2022, was HK$50,114,000, representing an increase of 64.3% compared to HK$30,529,000 for the same period in 2021[14]. - Profit before taxation for the period was HK$16,704,000, slightly down from HK$17,465,000 in the previous year, indicating a decrease of 4.4%[14]. - Total comprehensive income for the period was HK$14,702,000, compared to HK$14,803,000 in the same period last year, reflecting a decrease of 0.7%[14]. - Earnings per share for the period were HK$4.20 (basic) and HK$3.92 (diluted), compared to HK$4.82 (basic) and HK$4.42 (diluted) in the previous year[16]. - The comprehensive income for the three months ended June 30, 2022, was HK$226.819 million, compared to HK$177.761 million for the same period in the previous year, indicating a year-over-year increase of about 27.6%[144]. - Profit attributable to ordinary equity holders of the Company for the period was HK$15,057,000, slightly up from HK$14,807,000 in the previous year[200]. - Income tax expenses for the current period were HK$2,002,000, down from HK$2,662,000 in the previous year, reflecting a decrease of 25%[191]. Expenses and Costs - The cost of sales for the three months ended June 30, 2022, was HK$14,875,000, up from HK$4,563,000 in the same period last year, indicating a significant increase[14]. - Administrative expenses for the period were HK$1,269,000, compared to HK$149,000 in the previous year, showing a substantial rise[14]. - Total employee benefits expenses amounted to HK$11,694,000, significantly higher than HK$2,900,000 in the same period last year[195]. - Finance costs for the period were HK$23,000, a decrease from HK$969,000 in the same period last year, indicating improved financial management[14]. Assets and Liabilities - As of June 30, 2022, the company reported total assets of HK$228.395 million, an increase from HK$211.333 million as of April 1, 2022, representing a growth of approximately 8.1%[119]. - The company’s total liabilities as of June 30, 2022, were HK$102.622 million, which is an increase from HK$87.585 million as of April 1, 2022, reflecting a rise of approximately 17.1%[141]. Business Segments - The Group's reportable segments include OEM Business, Retail Business, Money Lending Business, Financial Quotient and Investment Education Business, Property Investment Business, and Private Supplementary Education Business[161]. - For the three months ended June 30, 2022, the total revenue from reportable segments was HK$49,268,000, with a profit before taxation of HK$16,704,000[171]. - The Retail Business generated revenue of HK$40,347,000, while the Money Lending Business contributed HK$787,000 to the profit[171]. - The Group reported a loss of HK$2,682,000 from the Private Supplementary Education Business for the same period[171]. - Revenue from private supplementary education services increased to HK$40,347,000, up 36% from HK$29,555,000 in the same period last year[183]. Corporate Governance and Compliance - The company has confirmed that the information in the report is accurate and complete in all material respects, ensuring transparency for investors[5]. - The report highlights the company's commitment to compliance with the GEM Listing Rules, reflecting its dedication to maintaining high standards of corporate governance[5]. Future Strategies and Market Expansion - The company is focused on expanding its market reach and enhancing its product offerings, which may include new product lines and technological advancements in the garment sector[153]. - Future strategies may include enhancing product offerings and exploring new market opportunities within the Asia Pacific region[161]. - The company’s investment holding activities include providing loan services and financial education courses, which are expected to enhance revenue streams moving forward[153]. Dividends - The Group did not declare any interim dividend for the three months ended June 30, 2022, compared to HK$0.0075 per share in 2021[197]. - The Group is considering declaring a special dividend for the year ending March 31, 2023[196]. Revenue Sources - Revenue from external customers amounted to HK$30,529,000, with no inter-segment revenue reported for the three months ended June 30, 2022[177]. - The geographical revenue from Hong Kong was HK$50,114,000, which is a 64% increase from HK$30,529,000 in the previous year[187].
传承教育集团(08195) - 2023 Q1 - 季度财报