Financial Performance - For the three months ended September 30, 2022, the company reported revenue of SGD 4,166,000, a significant increase from SGD 2,451,000 in the same period of 2021, representing a growth of 70%[12] - The gross profit for the three months ended September 30, 2022, was SGD 2,942,000, compared to SGD 1,714,000 in the same period of 2021, indicating a year-over-year increase of 71.5%[12] - For the nine months ended September 30, 2022, the total revenue was SGD 12,624,000, up from SGD 9,369,000 in the same period of 2021, marking a growth of 34.5%[12] - Revenue from the restaurant business for the nine months ended September 30, 2022, was SGD 9,606,000, an increase of 31% from SGD 7,345,000 in the same period of 2021[23] - The company generated total revenue of SGD 12,624,000 for the nine months ended September 30, 2022, compared to SGD 9,369,000 for the same period in 2021, reflecting a growth of 35%[23] - The company’s total comprehensive loss for the nine months ended September 30, 2022, was SGD 1,397,000, compared to a loss of SGD 2,068,000 for the same period in 2021[14] - The company recorded a loss before tax of SGD 812,000 for the three months ended September 30, 2022, compared to a loss of SGD 549,000 in the same period of 2021, reflecting a deterioration in performance[12] - The net loss attributable to equity holders for the three months ended September 30, 2022, was SGD 810,000, compared to a loss of SGD 555,000 in the same period of 2021[12] - For the nine months ended September 30, 2022, the company reported a total loss of SGD 1,502,000, compared to a loss of SGD 2,118,000 for the same period in 2021, representing a 29% improvement in losses year-over-year[14] Operational Highlights - The company is focused on expanding its market presence and developing new products and technologies to drive future growth[11] - The management remains optimistic about future performance despite the current losses, emphasizing strategic initiatives to enhance operational efficiency and market reach[11] - The company opened a new café in Vivocity in October 2022, which exceeded revenue expectations and positively contributed to overall earnings[35] - The company closed the Central Hong Kong Café at Resorts World Sentosa in August 2022 due to the owner's restructuring plans[35] - The company believes that the lifting of COVID-19 measures and the recovery of the tourism industry in Singapore will positively impact the restaurant sector[34] Income and Expenses - The company experienced a foreign exchange gain of SGD 122,000 for the three months ended September 30, 2022, compared to a gain of SGD 14,000 in the same period of 2021[12] - The company reported a foreign exchange gain of SGD 105,000 for the nine months ended September 30, 2022, compared to a gain of SGD 50,000 in the same period of 2021[14] - Cost of goods sold increased by approximately 1.02 million Singapore dollars or 40.8% to 3.53 million Singapore dollars for the nine months ended September 30, 2022, driven by overall food price inflation[38] - Other income decreased by approximately 1.80 million Singapore dollars or 85.5% to 0.31 million Singapore dollars for the nine months ended September 30, 2022, due to reduced government subsidies for the restaurant industry[39] - Other expenses increased by approximately 0.44 million Singapore dollars or 21.5% to 2.50 million Singapore dollars for the nine months ended September 30, 2022, mainly due to short-term lease renewals[43] Shareholder Information - As of September 30, 2022, major shareholders, excluding directors and executives, held a total of 90,500,000 shares, representing 18.1% of the company's equity[52] - The company did not recommend any interim dividend for the nine months ended September 30, 2022, consistent with the previous year[27] - The board did not recommend any interim dividend for the nine months ending September 30, 2022, consistent with the previous year[63] Governance and Compliance - The company is committed to high standards of corporate governance, although the roles of chairman and CEO are held by the same individual[59] - The company did not engage in any related party transactions during the nine months ending September 30, 2022[55] - No significant investments, acquisitions, or disposals were made by the group during the nine months ending September 30, 2022[64] - The company has no specific plans for significant investments or acquisitions of capital assets as of the report date[65] - The audit committee reviewed the group's unaudited interim results for the nine months ending September 30, 2022[62] - The company has adopted a share option scheme since April 4, 2018, but no options have been granted up to September 30, 2022[57] - The company has not established any arrangements for directors or executives to acquire securities since its listing date up to September 30, 2022[51] - The company has not purchased, sold, or redeemed any of its listed securities since its listing date up to September 30, 2022[56] Taxation - The company’s income tax expense for the nine months ended September 30, 2022, was SGD 8,000, compared to an expense of SGD 23,000 in the same period of 2021[25]
聚利宝控股(08527) - 2022 Q3 - 季度财报