Financial Performance - The Group recorded an unaudited revenue of approximately HK$154.4 million for the nine months ended 30 September 2022, representing an increase of approximately 1.0% compared to the corresponding period in 2021[16]. - The unaudited loss attributable to owners of the Company was approximately HK$8.1 million for the nine months ended 30 September 2022, a decrease in loss of approximately HK$1.5 million compared to a loss of approximately HK$9.6 million for the same period in 2021[17]. - Loss per share for the period was HK$0.70, an improvement from HK$0.88 in the previous year[16]. - The total comprehensive expense for the nine months ended September 30, 2022, was HK$9,377,000, improving from a total comprehensive expense of HK$11,262,000 in the same period of 2021[21]. - The total revenue for the nine months ended September 30, 2022, was HK$154,361,000, compared to HK$152,796,000 in the same period of 2021, indicating a slight increase of 1.0%[21]. - The company reported a loss attributable to owners of the company of HK$8,065,000 for the nine months ended September 30, 2022, compared to a loss of HK$9,579,000 in the same period of 2021[21]. - The profit before taxation for the three months ended September 30, 2022, was HK$3,574,000, compared to a loss of HK$4,728,000 in the same period of 2021[21]. - For the three months ended September 30, 2022, the profit attributable to owners of the Company was HK$3,644,000, compared to a loss of HK$3,008,000 in the same period of 2021[78]. Revenue Breakdown - For the three months ended September 30, 2022, the Group's revenue from fine dining was HK$41,502,000, representing an increase of 28% compared to HK$32,470,000 in the same period of 2021[50][42]. - The Group's revenue from mid-market dining decreased by 30% to HK$14,869,000 for the nine months ended September 30, 2022, down from HK$20,857,000 in the previous year[51][42]. - Casual dining revenue also saw a decline, dropping to HK$24,102,000 for the nine months ended September 30, 2022, compared to HK$29,446,000 in 2021, a decrease of 18%[53][42]. - Revenue from fine dining increased by approximately HK$17.5 million due to the openings of "Estro" and "Agora" in September 2021 and April 2022, respectively[92]. - Revenue from mid-market dining, specialty coffee, and casual dining decreased by HK$6.0 million, HK$4.6 million, and HK$5.3 million, respectively, due to the fifth wave of the COVID-19 pandemic in Hong Kong[92]. Expenses and Costs - The total operating expenses for the three months ended September 30, 2022, were HK$56,000,000, compared to HK$52,000,000 in the same period of 2021, reflecting an increase of 7.7%[21]. - Total staff costs, including directors' remuneration, increased to HK$24,368,000 for the three months ended September 30, 2022, up from HK$22,109,000 in 2021, representing an increase of approximately 10.2%[68]. - Property rentals and related expenses increased approximately HK$1.3 million from approximately HK$5.8 million for the nine months ended 30 September 2021 to approximately HK$7.2 million for the nine months ended 30 September 2022[103]. - Raw materials and consumables used amounted to approximately HK$43.8 million for the nine months ended September 30, 2022, representing approximately 28.4% of the Group's total revenue[98]. Dividends and Shareholder Returns - The Board does not recommend the payment of dividends for the nine months ended 30 September 2022, consistent with the previous year[17]. - The Company did not recommend the payment of any dividend for the nine months ended September 30, 2022, consistent with the same period in 2021[75]. Strategic Initiatives - The company plans to continue expanding its market presence and is focused on new product development to drive future growth[21]. - The company is exploring potential mergers and acquisitions to enhance its operational capabilities and market reach[21]. - The management will continuously explore and maintain the brand value and market position of the Group in the new market environment[87]. - The Group aims to design and offer a wider variety of cuisines to enhance customer satisfaction and provide a high-quality dining experience[87]. - The Board will proactively seek potential business opportunities to broaden the sources of income and enhance shareholder value[91]. - The Group anticipates further recovery in the food and beverage industry in Hong Kong in the short term due to potential quarantine-free travel arrangements[86]. Share Capital and Ownership - As of September 30, 2022, the issued share capital of the company is 1,159,780,000 shares[126]. - Ms. Wong Pui Yain holds a total interest of 520,416,000 shares, which includes 409,670,000 shares through her controlling corporation, representing approximately 35.32% of the company's issued share capital[130]. - The company’s shareholding structure indicates significant ownership concentration with Ms. Wong Pui Yain as a major shareholder[130]. - Mr. Lo Yeung Kit, Alan has a total interest in 522,346,000 shares, which includes 30,510,000 shares as a beneficial owner and 491,286,000 shares held by his spouse[139]. - Mr. Ko Kin Hang owns 64,990,000 shares, accounting for 5.60% of the total shareholding[135]. Share Option Scheme - The Share Option Scheme was conditionally adopted on January 23, 2018, to attract and retain top personnel[142]. - The purpose of the Share Option Scheme is to provide additional incentives to employees and promote the success of the business[171]. - The company aims to improve organizational efficacy and performance through the grant of share options[190]. - The company granted a total of 7,600,000 share options to certain directors, employees, and consultants under the Share Option Scheme, with an exercise price of HK$0.10 per share[198]. - The exercise period for the granted share options is from January 19, 2022, to January 18, 2032[198]. Compliance and Governance - The Audit Committee has reviewed the unaudited condensed consolidated results of the Group for the nine months ended September 30, 2022[106]. - Directors are not aware of any competing business interests during the nine months ended September 30, 2022[109]. - All Directors complied with the required standard of dealings regarding securities transactions during the period under review[110].
佳民集团(08519) - 2022 Q3 - 季度财报