Revenue Performance - Revenue for the three months ended December 31, 2022, was HKD 17,310,000, a decrease of 40.6% compared to HKD 29,215,000 for the same period in 2021[7] - Revenue for the nine months ended December 31, 2022, was HKD 50,127,000, down 37.4% from HKD 80,069,000 in the previous year[7] - Total revenue for the nine months ended December 31, 2022, was HKD 50,127,000, a decrease of 37.4% compared to HKD 80,069,000 in the same period of 2021[20] - The company’s total revenue for the three months ended December 31, 2022, was HKD 17,310,000, a decrease of 40.5% from HKD 29,215,000 in the same period of 2021[20] - The company’s total revenue from food sales for the nine months ended December 31, 2022, was HKD 50,127,000, down 37.4% from HKD 80,069,000 in the same period of 2021[20] Loss and Financial Performance - The company reported a loss before tax of HKD 6,567,000 for the three months ended December 31, 2022, compared to a profit of HKD 429,000 in the same period of 2021[7] - The loss attributable to owners of the company for the nine months ended December 31, 2022, was HKD 23,728,000, compared to a profit of HKD 8,244,000 in the previous year[8] - Basic loss per share for the three months ended December 31, 2022, was HKD 0.68, compared to a loss of HKD 0.12 for the same period in 2021[8] - The total comprehensive loss for the three months ended December 31, 2022, was HKD 6,469,000, compared to a loss of HKD 1,022,000 in the same period of 2021[8] - For the nine months ended December 31, 2022, the group recorded total revenue of approximately HKD 50.1 million, a decrease of 37.5% compared to HKD 80.1 million for the same period last year[41] - The group recognized a loss attributable to owners of the company of approximately HKD 23.7 million for the nine months ended December 31, 2022[49] Expenses and Costs - The company incurred total expenses of HKD 23,752,000 for the nine months ended December 31, 2022, compared to total income of HKD 8,313,000 in the previous year[10] - Employee costs for the nine months ended December 31, 2022, were HKD 22,225,000, down 14.5% from HKD 26,039,000 in the same period of 2021[26] - The cost of raw materials and consumables was approximately HKD 17.8 million, representing 35.5% of total revenue, down from HKD 28.8 million and 36.0% respectively in the previous year[42] - Rental expenses for the nine months ended December 31, 2022, were approximately HKD 2.2 million, a decrease of about 29.0% from HKD 3.1 million in the same period last year[46] - Financing costs for the nine months ended December 31, 2022, totaled HKD 555,000, a decrease of 75.6% from HKD 2,273,000 in the previous year[24] Revenue by Segment - For the three months ended December 31, 2022, the revenue from Chinese cuisine was HKD 5,808,000, a decrease of 5.8% compared to HKD 6,167,000 in the same period of 2021[20] - The revenue from Thai cuisine for the same period was HKD 3,640,000, down 27.4% from HKD 5,020,000 in 2021[20] - Malaysian cuisine revenue was HKD 6,022,000, representing a decline of 23.7% from HKD 7,897,000 in the previous year[20] - The "麻酸樂╱嫲孫樂" brand generated revenue of approximately HKD 16.8 million, accounting for 33.5% of total revenue, reflecting a 9.7% decrease year-on-year due to the negative impact of COVID-19[39] - The "泰巷" brand reported revenue of approximately HKD 11.4 million, representing 22.8% of total revenue, with a significant decline of 40.9% compared to the previous year[40] - The "峇峇娘惹" brand achieved revenue of approximately HKD 17.2 million, which is 34.3% of total revenue, down 32.8% year-on-year due to COVID-19 impacts[40] - The "銷售食材" segment recorded revenue of approximately HKD 4.7 million, accounting for 9.4% of total revenue, with a decrease of 44.1% compared to the previous year[40] Dividends and Shareholder Information - The company did not recommend any dividend payment for the nine months ended December 31, 2022, consistent with the previous year[31] - Major shareholder MJL holds 480,000,000 shares, representing approximately 50% of the company's equity[58] - Linking World Limited, a subsidiary, holds 1,000 shares, representing 10% of its equity[59] Future Outlook and Strategy - The company expects economic activities to normalize post-pandemic, with a rebound in inbound tourism anticipated to boost restaurant business[37] - The company aims to enhance its core capabilities and improve business performance to achieve favorable results and provide substantial returns to shareholders[37] - The company will continue to closely monitor the situation and operate its business prudently[36] Corporate Governance - The audit committee consists of three independent non-executive directors and has reviewed the financial information, confirming compliance with applicable accounting standards[73] - The board members include executive directors Mr. Cai Benli and Mr. Liang Weitai, as well as independent non-executive directors Mr. Yang Wanzhu, Mr. Lu Zhuofei, and Mr. Wang Haoren[75] - The external auditor's independence and objectivity were reviewed before the audit work commenced, ensuring effective audit procedures[76] - The completeness of the group's financial statements and annual, quarterly, and interim financial reports was monitored prior to submission for board approval[76] Acquisitions and Stock Options - The company announced an acquisition agreement on January 13, 2023, to acquire 100% of Jun Hsuan Engineering Limited for HKD 35 million[71] - The company granted a total of 33,600,000 stock options on April 20, 2022, and 62,400,000 stock options on September 27, 2022, to eligible participants[66]
倩碧控股(08367) - 2023 Q3 - 季度财报