Financial Performance - The Group's revenue for the three months ended June 30, 2023, was HKD 27,662,000, representing a 81.2% increase compared to HKD 15,283,000 for the same period in 2022[6]. - The Group reported a net loss of HKD 3,422,000 for the three months ended June 30, 2023, a significant improvement from a net loss of HKD 9,501,000 in the same period last year, reflecting a 64.0% reduction in losses[6]. - The total comprehensive loss for the period was HKD 3,422,000, compared to HKD 9,599,000 in the previous year, indicating a 64.3% decrease[6]. - The Group's basic loss per share improved to HKD 0.36 from HKD 0.99, reflecting a 63.6% reduction in loss per share[6]. - The company reported a pre-tax loss of HKD 9,298,000 for the three months ended June 30, 2023, compared to a loss of HKD 6,670,000 in the same period of 2022[24]. - The loss attributable to owners of the company decreased to approximately HKD 3.4 million for the three months ended June 30, 2023, from a loss of approximately HKD 9.5 million for the same period in 2022, mainly due to reduced share-based payments[52]. Revenue Breakdown - Revenue from Chinese cuisine was HKD 5,465,000, up 3.3% from HKD 5,293,000 in the previous year[18]. - Revenue from Thai cuisine increased by 9.8% to HKD 4,077,000 from HKD 3,748,000[18]. - Revenue from Malaysian cuisine rose by 22.0% to HKD 5,865,000 compared to HKD 4,806,000 in 2022[18]. - Revenue from aircraft engine frame maintenance and repair services was HKD 11,469,000, with no revenue reported in the previous year[18]. - The revenue from the restaurant "麻酸樂╱嫲孫樂" was approximately HKD 5.5 million, representing 19.8% of total revenue, with a year-on-year increase of 3.2%[41]. - The revenue from the restaurant "泰巷" was approximately HKD 4.1 million, accounting for 14.7% of total revenue, with a year-on-year increase of 8.8%[41]. - The revenue from the restaurant "峇峇娘惹" was approximately HKD 5.9 million, representing 21.2% of total revenue, with a year-on-year increase of 22.0%[42]. - The revenue from aircraft engine maintenance and repair services amounted to approximately HKD 11.5 million, accounting for 41.5% of total revenue for the three months ended June 30, 2023[42]. Cost and Expenses - The cost of materials and consumables used increased to HKD 11,833,000, up from HKD 5,941,000, indicating a 99.5% rise in costs[6]. - Employee costs rose to HKD 9,298,000, compared to HKD 6,670,000, marking an increase of 39.6%[6]. - Other expenses decreased by approximately 50.7% from HKD 7.3 million for the three months ended June 30, 2022, to HKD 3.6 million for the same period in 2023, primarily due to a reduction in share-based payments[50]. - Financing costs increased from approximately HKD 0.2 million for the three months ended June 30, 2022, to approximately HKD 0.3 million for the same period in 2023, attributed to higher bank borrowing costs and lease liabilities interest expenses[51]. - Utility expenses for the three months ended June 30, 2023, were approximately HKD 0.9 million, compared to HKD 0.8 million for the same period in 2022[49]. Equity and Investments - The Group's total equity as of June 30, 2023, was HKD 12,037,000, down from HKD 33,225,000, indicating a decrease of 63.8%[7]. - As of June 30, 2023, the company had no significant investments, acquisitions, or disposals of subsidiaries[58]. - There were no significant contingent liabilities as of June 30, 2023[57]. - The company had no capital commitments outstanding as of June 30, 2023[56]. Business Operations and Strategy - The Group's operational focus includes restaurant operations, food and beverage sales, and aircraft engine maintenance services, with no specific new product or technology developments mentioned in the report[10]. - The group has expanded its business in Hong Kong by acquiring an engineering company that provides aircraft engine maintenance and repair services[40]. - The group expects the aircraft engine maintenance positions to remain stable and continue to increase due to the recovery in the construction industry and the anticipated rise in air travel[38]. - The group plans to diversify its business by expanding into the restaurant and aircraft engine maintenance sectors to enhance shareholder value[40]. Corporate Governance - The company has adopted a share option scheme to attract and retain talented participants for future development and expansion[69]. - The company has complied with all applicable corporate governance code provisions as of June 30, 2023[71]. - The Audit Committee was established on January 29, 2018, with defined responsibilities including the review of external auditor appointments and financial reporting principles[73]. - The Audit Committee consists of three independent non-executive directors, ensuring compliance with applicable accounting standards and GEM listing rules[74]. - Financial data has been reviewed by the Audit Committee, confirming adequate disclosure and adherence to regulations[74]. Dividend Policy - The company does not recommend any dividend payment for the three months ended June 30, 2023[28]. - The board of directors did not recommend any dividend payment for the three months ended June 30, 2023, consistent with the previous year[53].
倩碧控股(08367) - 2024 Q1 - 季度财报