Financial Performance - Revenue for the first quarter of 2023 was HKD 6,734,000, an increase of 6.6% compared to HKD 6,319,000 in the same period of 2022[4] - Gross profit for the first quarter of 2023 was HKD 6,534,000, up from HKD 5,994,000 in the first quarter of 2022, reflecting a growth of 9.0%[4] - The company reported a profit before tax of HKD 4,918,000 for Q1 2023, a significant recovery from a loss of HKD 45,236,000 in Q1 2022[4] - Total comprehensive income for the period was HKD 4,224,000, compared to a loss of HKD 37,947,000 in the same quarter last year[4] - Basic and diluted earnings per share for Q1 2023 were HKD 0.93, a turnaround from a loss of HKD 25.26 per share in Q1 2022[4] - The company recorded a net profit of approximately HKD 4,200,000 for the three months ended March 31, 2023, compared to a net loss of HKD 37,900,000 in the same period of 2022[28] Income and Expenses - Other income, gains, and losses totaled HKD 1,640,000 in Q1 2023, a recovery from a loss of HKD 48,129,000 in the previous year[11] - Interest income from guaranteed financing increased to HKD 3,960,000 in Q1 2023, up from HKD 2,206,000 in Q1 2022, representing an increase of 79.5%[11] - Administrative expenses for Q1 2023 were HKD 3,103,000, compared to HKD 2,993,000 in Q1 2022, indicating a rise of 3.7%[4] - The company incurred finance costs of HKD 153,000 in Q1 2023, an increase from HKD 108,000 in Q1 2022[13] - Interest income from loans for the three months ended March 31, 2023, was approximately HKD 1,800,000, up from HKD 800,000 in 2022, accounting for 26.4% of total revenue[22] Equity and Shareholder Information - The total equity attributable to owners of the company as of March 31, 2023, was HKD 382,870,000, compared to HKD 314,550,000 as of March 31, 2022[5] - Basic earnings per share for the three months ended March 31, 2023, was HKD 3,866,000 compared to a loss of HKD 38,498,000 in the same period of 2022[15] - As of March 31, 2023, Ms. Huang Jiawen holds 79,600,089 shares, representing 19.07% of the company's issued share capital[32] Investments and Future Plans - The company plans to expand its margin financing services to enhance revenue from brokerage and margin financing[20] - The company is actively seeking suitable commercial properties in Hong Kong to expand its investment property portfolio[27] - The brokerage services revenue for the three months ended March 31, 2023, was HKD 286,000, down from HKD 641,000 in 2022[20] - The fair value gain from listed equity investments was approximately HKD 700,000 for the three months ended March 31, 2023, compared to a loss of HKD 47,700,000 in 2022[26] Corporate Governance - The audit committee reviewed the unaudited financial results for the three months ended March 31, 2023, and confirmed compliance with applicable accounting standards[37] - No directors or key executives have acquired any shares or bonds during the reporting period[34] - The company did not purchase, sell, or redeem any of its listed securities during the reporting period[36] - There are no interests held by directors in any competing businesses[35] - The company did not declare or recommend any dividends for the three months ended March 31, 2023, consistent with 2022[16]
树熊金融集团(08226) - 2023 Q1 - 季度财报