Financial Performance - For the three months ended June 30, 2023, the company reported revenue of HKD 9,157,000, a decrease of 36.5% compared to HKD 14,441,000 for the same period in 2022[5] - The cost of sales for the same period was HKD 8,174,000, resulting in a gross profit of HKD 983,000, which is a slight increase from HKD 957,000 in the previous year[5] - The company incurred a net loss of HKD 747,000 for the three months ended June 30, 2023, compared to a net loss of HKD 1,005,000 in the same period of 2022, indicating an improvement in performance[6] - Basic and diluted loss per share for the current period was HKD 0.08, compared to HKD 0.14 for the same period last year[6] - The total comprehensive loss for the period was HKD 747,000, compared to HKD 1,005,000 in the same period of 2022[6] - The group's consolidated revenue decreased by 36.1% to HKD 9,200,000 compared to HKD 14,400,000 in the same period last year[24] - The group recorded a net loss of HKD 700,000 for the three months ended June 30, 2023, compared to a net loss of HKD 1,000,000 in the same period last year, representing a reduction of 30%[25] Sales and Revenue - Sales of consumer products amounted to HKD 8,518,000, a decrease of 26.5% from HKD 11,591,000 in the same period of 2022[12] - The sales revenue from the consumer goods and fashion apparel segment was HKD 8,500,000, down from HKD 11,600,000 in the previous year[28] - The group's coal trading and other natural resources segments did not generate any revenue during the review period, compared to HKD 2,300,000 in the previous year[27] Expenses and Costs - The group's operating expenses decreased by 14.3% to HKD 1,200,000 from HKD 1,400,000 year-on-year, primarily due to reduced marketing expenses[25] - The group's inventory costs recognized as expenses were HKD 8,174,000, down from HKD 13,484,000 in the previous year[18] - The group's financial costs amounted to approximately HKD 98,000, primarily related to the estimated interest on bonds issued by the group[25] Other Income and Dividends - The group did not record any other income during the review period, compared to HKD 64,000 in the previous year, mainly due to the absence of government subsidies[24] - The group did not declare any dividends for the three months ended June 30, 2023, consistent with the previous year[22] Shareholder Information - As of June 30, 2023, the total number of unexercised share options was 71,901,900, with no options granted, exercised, canceled, or expired during the three months[36][37] - Ms. Lin holds 2,790,000 shares and 7,190,190 share options, representing a total equity of 9,980,190 shares, which is approximately 1.12% of the total issued shares[40] Corporate Governance - The company has not engaged in any related party transactions that require disclosure as of June 30, 2023[44] - There were no purchases, sales, or redemptions of the company's listed securities by the company or its subsidiaries during the three months ending June 30, 2023[45] - The audit committee, consisting of three independent non-executive directors, reviewed the unaudited consolidated results for the three months ending June 30, 2023[50] Business Focus and Strategy - The company continues to focus on its core business areas, including natural resources and commodity trading, lending activities, and the development and sale of consumer products[11] - The group will continue to develop its existing business through organic growth or acquisitions, aiming to diversify its operations to enhance shareholder returns[34] Financial Assets - The company reported a net loss of HKD 107,000 from financial assets measured at fair value through profit or loss, down from HKD 214,000 in the previous year[14] - The group experienced a net loss of HKD 100,000 from securities investments, an improvement from a net loss of HKD 200,000 in the same period last year[32]
富誉控股(08269) - 2024 Q1 - 季度财报