Financial Performance - For the three months ended June 30, 2023, the group recorded revenue of approximately HKD 4,321,000, a decrease of about 41.6% compared to HKD 7,398,000 for the same period in 2022[9] - The group reported a net profit attributable to owners of the company of approximately HKD 804,000 for the three months ended June 30, 2023, compared to a net loss of HKD 718,000 for the same period in 2022[9] - Gross profit for the three months ended June 30, 2023, was HKD 4,188,000, down from HKD 7,078,000 in the same period of 2022[11] - The total comprehensive income for the three months ended June 30, 2023, was a loss of HKD 244,000, compared to a total comprehensive income of HKD 1,385,000 for the same period in 2022[12] - Other income and losses amounted to approximately HKD 1,528,000, down about 16.2% from HKD 1,823,000 in the previous year, primarily due to the absence of government subsidies from the Hong Kong Employment Support Scheme[38] Earnings and Dividends - The basic and diluted earnings per share for the three months ended June 30, 2023, was HKD 0.12, compared to a loss per share of HKD 0.11 for the same period in 2022[11] - The company did not recommend any dividend for the three months ended June 30, 2023, consistent with the previous year[22] - The group did not recommend any dividend payment for the three months ended June 30, 2023, consistent with the same period in 2022[43] Expenses - The group incurred general and administrative expenses of HKD 5,876,000 for the three months ended June 30, 2023, compared to HKD 7,730,000 for the same period in 2022[11] - The total employee expenses for the three months ended June 30, 2023, were approximately HKD 3,503,000, down from HKD 5,204,000 in the previous year[46] - General and administrative expenses were approximately HKD 5,876,000, a decrease of about 24.0% from HKD 7,730,000 in the previous year, mainly due to reduced employee costs[38] Business Operations - The group’s main business includes the development, production, and provision of financial information and technology solutions to corporate and retail clients in Hong Kong and China[14] - The group continues to focus on its media business, which includes financial public relations and brand promotion[30] - The investment properties in China continue to contribute positively to the group's financial performance[35] Shareholder Information - As of June 30, 2023, the company has 666,538,774 issued ordinary shares[60] - Ms. Lau holds a total of 435,055,736 shares, representing 65.27% of the company's issued shares[59] - Major shareholder Pablos holds 391,597,678 shares, accounting for approximately 58.75% of the total shares[62] - Broadgain International Limited holds 47,052,000 shares, representing 7.06% of the total shares[62] Stock Options and Governance - The company granted stock options totaling 11,200,000 shares, with 9,400,000 remaining after a forfeiture of 1,800,000 shares during the three months ended June 30, 2023[66] - The stock options granted on December 1, 2020, have an exercise price of HKD 0.64 and are valid until September 3, 2024[67] - The audit committee, consisting of three independent non-executive directors, oversees the financial reporting and internal control procedures of the group[68] - The company has established an audit committee in compliance with GEM Listing Rules[68] - No competitive interests were reported among directors or major shareholders during the three months ended June 30, 2023[66]
财华社集团(08317) - 2024 Q1 - 季度财报