Financial Performance - The group's revenue for the three months ended March 31, 2022, was RMB 4,135,000, a decrease of 13.8% compared to RMB 4,796,000 for the same period in 2021[3] - Other income for the same period was RMB 69,000, down 81.3% from RMB 368,000 in the previous year[3] - The total loss before tax for the period was RMB 540,000, compared to a profit of RMB 1,031,000 in the prior year[3] - The net loss attributable to the owners of the company for the period was RMB 546,000, compared to a profit of RMB 583,000 in the same period last year[3] - Basic and diluted loss per share for the period was RMB (0.07), compared to earnings of RMB 0.07 per share in the previous year[3] - The group reported a net loss of RMB 582,000 due to employee benefits expenses, which increased from RMB 2,445,000 in the previous year to RMB 3,121,000[3] - The total comprehensive loss for the period was RMB 546,000, compared to a total comprehensive income of RMB 583,000 in the same period last year[5] - The company reported a net loss of approximately RMB 0.6 million for the three months ended March 31, 2022, compared to a net profit of approximately RMB 0.6 million for the same period in 2021[25] - Revenue decreased by approximately RMB 0.7 million or 13.8% to approximately RMB 4.1 million for the three months ended March 31, 2022, down from approximately RMB 4.8 million for the same period in 2021[28] - Employee benefit expenses increased by approximately RMB 0.7 million or 27.6% to approximately RMB 3.1 million for the three months ended March 31, 2022, compared to approximately RMB 2.4 million for the same period in 2021[30] - The company recorded an expected credit loss reversal of approximately RMB 0.7 million for trade receivables for the three months ended March 31, 2022, compared to approximately RMB 0.4 million for the same period in 2021[31] - Other operating expenses increased from approximately RMB 0.5 million for the three months ended March 31, 2021, to approximately RMB 0.6 million for the same period in 2022[32] - The company did not recommend any dividend payment for the three months ended March 31, 2022, consistent with the previous year[35] Shareholder Information - As of March 31, 2022, the company’s major shareholders include QY Investment Holding Limited, holding 420,000,000 shares, representing 52.5% of the total equity[39] - SRU Investment Limited and Mr. Fan Yajun each hold 120,000,000 shares, accounting for 15.0% of the total equity[39] Corporate Governance - The company has adopted corporate governance practices in line with GEM Listing Rules, ensuring compliance and enhancing shareholder value[46] - The audit committee reviewed the financial results for the three months ended March 31, 2022, confirming adherence to applicable accounting standards and regulations[51] - The company’s board of directors confirmed compliance with trading standards during the reporting period[43] - No conflicts of interest or competitive activities were reported among the board members and major shareholders during the three months ended March 31, 2022[45] - The company’s executive directors include Mr. Zhou Yang and Ms. Song Ruiqing, with independent directors ensuring governance oversight[51] - The company is committed to enhancing its corporate governance framework to protect and promote shareholder interests[46] Market Impact - The company experienced a decrease in project numbers due to the impact of COVID-19, leading to reduced marketing expenditures by major clients[25] - The company will continue to assess the impact of the pandemic on its operations and financial performance, monitoring related risks and uncertainties[26] Other Financial Information - The company's interest income decreased to RMB 69,000 for the three months ended March 31, 2022, from RMB 368,000 for the same period in 2021[3] - The company's project costs remained consistent with revenue during the reporting periods[29] - No stock options were granted, exercised, expired, or lapsed during the three months ended March 31, 2022[42] - There were no purchases, sales, or redemptions of the company's listed securities during the three months ended March 31, 2022[47]
旅橙文化(08627) - 2022 Q1 - 季度财报