Financial Performance - The company's unaudited revenue for the three months ended March 31, 2022, was HKD 124.4 million, a decrease of approximately HKD 39.2 million or 24% compared to HKD 163.6 million for the same period in 2021[16]. - The unaudited loss for the three months ended March 31, 2022, was HKD 5.4 million, reversing the profit of HKD 3.6 million recorded for the same period in 2021[16]. - The basic and diluted loss per share for the three months ended March 31, 2022, was HKD 1.17, compared to a profit of HKD 0.96 per share for the same period in 2021[16]. - The gross profit for the three months ended March 31, 2022, was HKD 10.7 million, down from HKD 21.1 million in the same period of 2021[18]. - The total comprehensive loss for the three months ended March 31, 2022, was HKD 7.7 million, compared to a total comprehensive income of HKD 0.2 million for the same period in 2021[21]. - The company reported a loss attributable to owners of the company of HKD 4.7 million for the three months ended March 31, 2022, compared to a profit of HKD 3.8 million for the same period in 2021[18]. - The company reported a net loss of HKD 5,408,000 for the three months ended March 31, 2022, compared to a profit of HKD 3,553,000 in the previous year[34]. - The company's loss before tax was HKD 5.91 million, a decline of HKD 10.91 million or 218.1% compared to a profit of HKD 5.00 million in the previous year[54]. - The net loss for the period was HKD 5.41 million, reversing from a profit of HKD 3.55 million in the same quarter last year, representing a decline of HKD 8.96 million or 252.2%[54]. Revenue Breakdown - The revenue breakdown by business segment showed system integration generated HKD 83,054,000, maintenance services HKD 36,358,000, and network security services HKD 4,938,000[34]. - Revenue from system integration services was HKD 83,054,000, down 28% from HKD 115,724,000 year-over-year[37]. - Revenue from maintenance services was HKD 36,358,000, a decline of 11% compared to HKD 40,921,000 in the previous year[37]. - Revenue from cybersecurity services decreased to HKD 4,938,000 from HKD 6,941,000, representing a 29% drop[37]. - The geographical revenue distribution indicated that revenue from South Korea was HKD 119,412,000, down from HKD 156,645,000, while revenue from Hong Kong decreased to HKD 4,938,000 from HKD 6,941,000[35]. Expenses and Costs - The company's sales and administrative expenses for the three months ended March 31, 2022, were HKD 16.7 million, slightly down from HKD 17.4 million in the same period of 2021[18]. - Cost of goods sold for the period was HKD 87,400,000, down from HKD 118,694,000, indicating a reduction of 26%[40]. - Employee costs were HKD 15,915,000, a decrease of 32% from HKD 23,336,000 in the prior year[40]. - Total employee costs for the three months ended March 31, 2022, were approximately HKD 15.9 million, a decrease from HKD 23.3 million in the same period last year[69]. Dividends and Shareholder Information - The company did not recommend the payment of an interim dividend for the three months ended March 31, 2022, consistent with the same period in 2021[16]. - The board did not recommend any interim dividend for the three months ended March 31, 2022, compared to no dividend in the same period of 2021[51]. - The company holds approximately 55.00% of its issued share capital, with key shareholders collectively controlling this stake[72]. - As of March 31, 2022, the total issued shares of the company were 400,000,000[84]. - The major shareholders, including Mr. Xu, Mr. Li, Mr. Feng, and Mr. Park, collectively control approximately 55.00% of the company's equity[3]. Corporate Governance - The audit committee, consisting of three independent non-executive directors, reviewed the unaudited quarterly results for the three months ending March 31, 2022[92]. - The company is committed to robust corporate governance to fulfill its responsibilities to shareholders and enhance shareholder value[86]. - The company has complied with the GEM Corporate Governance Code during the three months ending March 31, 2022[92]. - There were no interests held by directors or controlling shareholders in competing businesses as of March 31, 2022[86]. Future Outlook - The company recorded a loss in the first quarter of 2022, but remains optimistic about achieving profitability for the full year 2022 due to increasing order volumes and the easing of the pandemic[69]. - The company plans to continue focusing on system integration, maintenance services, and network security services as its core business segments moving forward[31]. - The company has secured contracts worth KRW 900 million (approximately HKD 5.9 million) from government regional offices[69]. - The company has also obtained contracts totaling KRW 900 million (approximately HKD 5.8 million) from regional education departments[69].
未来数据集团(08229) - 2022 Q1 - 季度财报