Financial Performance - For the three months ended December 31, 2022, total revenue was HK$5,336,000, representing an increase of 128.6% compared to HK$2,339,000 for the same period in 2021[12]. - For the nine months ended December 31, 2022, total revenue was HK$8,749,000, an increase of 51.5% from HK$5,764,000 in the same period of 2021[12]. - The company reported a profit before tax of HK$26,000 for the three months ended December 31, 2022, compared to a loss of HK$1,874,000 in the same period of 2021[12]. - The company incurred a comprehensive loss attributable to owners of HK$7,763,000 for the nine months ended December 31, 2022, compared to a loss of HK$8,656,000 in the previous year[12]. - Basic earnings per share for the three months ended December 31, 2022, was HK$0.00, compared to a loss of HK$0.09 per share in the same period of 2021[12]. Revenue Sources - Commission income from securities dealing and brokerage services decreased to HK$272,000 from HK$730,000, a decline of 62.8% year-on-year[12]. - Interest income from margin and loan financing increased to HK$2,159,000, up 36.1% from HK$1,586,000 in the previous year[12]. - Supply chain financing generated revenue of HK$1,001,000 for the three months ended December 31, 2022, compared to no revenue in the same period last year[12]. - Revenue from supply chain financing was approximately HK$1,284,000, marking it as a newly developed business segment since Q1 2022[79]. - Other revenue for the three months ended December 31, 2022, was HK$1,904,000, significantly up from HK$23,000 in the same period of 2021[35]. Expenses and Costs - Staff costs for the three months ended December 31, 2022, amounted to HK$2,126,000, an increase from HK$1,987,000 in the same period of 2021[40]. - Other operating expenses for the three months ended December 31, 2022, totaled HK$2,948,000, compared to HK$435,000 in the same period of 2021[42]. - Total staff costs for the period were approximately HK$6,161,000, a decrease from approximately HK$6,717,000 in the corresponding period[97]. - Other operating expenses for the Period increased to approximately HK$9,287,000 from approximately HK$4,510,000 for the Corresponding Period[84]. Financial Position - The company’s total equity attributable to owners decreased to HK$145,571,000 as of December 31, 2022, down from HK$153,334,000 at the beginning of the period[15]. - As of December 31, 2022, the Group had net current assets of approximately HK$180,910,000, with a current ratio of approximately 4 times[91]. - The Group's cash and cash equivalents amounted to approximately HK$45,172,000 as of December 31, 2022, down from HK$96,334,000 as of March 31, 2022[95]. - The current ratio was approximately 4 times as of December 31, 2022, compared to 4.3 times as of March 31, 2022[95]. Corporate Governance - The board of directors confirmed that the information in the report is accurate and complete in all material respects, ensuring transparency for investors[7]. - The Company has complied with the disclosure requirements under the Securities and Futures Ordinance[124]. - The company has established an audit committee comprising three independent non-executive Directors[151]. - The Audit Committee reviewed the Group's unaudited condensed consolidated results and confirmed compliance with applicable accounting standards and GEM Listing Rules[152]. Shareholding Structure - As of December 31, 2022, Mr. Fok Yuk Tong and Ms. Hsieh Ching Chun each held 1,199,640,000 shares, representing approximately 59.98% of the Company[123]. - Other than the Directors and Chief Executives, no substantial shareholders were identified with interests in 5% or more of the nominal value of any class of share capital as of December 31, 2022[126]. - The issued share capital of CWIL is beneficially owned 30% by Mr. Fok and 70% by Ms. Hsieh[123]. Risk Management - The Group's exposure to foreign exchange risk is primarily related to transactions in currencies other than Hong Kong dollars, with no current hedging policy in place[99]. - The Group had no significant contingent liabilities as of December 31, 2022[100]. Other Information - The Company submitted a request for review of the decision regarding its listing status on December 15, 2022, after being notified of potential suspension of trading[107][108]. - The Group had no material acquisitions or disposals of subsidiaries and affiliated companies during the period[98]. - The Group did not have any charges on its assets as of December 31, 2022[96].
PF GROUP(08221) - 2023 Q3 - 季度财报