Revenue and Profitability - Revenue for the three months ended March 31, 2023, was HKD 5,293.6 million, a decrease of 24.1% compared to HKD 6,976.7 million in the same period of 2022[4] - The loss attributable to the company's owners for the period was HKD (37.1) million, resulting in a basic loss per share of HKD (0.005), compared to a profit of HKD 729.5 million and a basic earnings per share of HKD 0.104 in the prior year[4] - Gross profit for the period was HKD 582.2 million, down from HKD 1,657.9 million in the same period last year[4] - The consolidated gross profit was HKD 582,200,000, down 64.9% from HKD 1,657,900,000 in the same period of 2022, with a gross profit margin of 11.0%, a decrease of 12.8 percentage points[18] - The decline in gross profit and gross profit margin was mainly due to lower sales prices compared to the same period last year[18] Assets and Equity - Total assets increased by 7.8% to HKD 86,869.2 million as of March 31, 2023, compared to HKD 80,613.8 million as of December 31, 2022[4] - The company's equity attributable to owners was HKD 50,195.0 million, with a debt-to-equity ratio of 45.2%, up from 33.4% in the previous period[4] - The net asset value per share increased to HKD 7.19 from HKD 7.05[4] Other Income and Expenses - Other income decreased to HKD 191.2 million from HKD 394.7 million year-on-year[4] - Other income for the period was HKD 191,200,000, a decline of 51.6% from HKD 394,700,000 in the same period of 2022, primarily due to a one-time gain from the disposal of a subsidiary in the previous year[19] - Sales and distribution expenses were HKD 111,200,000, a decrease of 67.3% from HKD 340,300,000 in the same period of 2022, mainly due to the reclassification of transportation costs[20] Foreign Exchange and Dividends - The company reported a foreign exchange loss of HKD 516.6 million, compared to a loss of HKD 719.1 million in the previous year[4] - The company has not declared an interim dividend for the current period, compared to no dividend declared in the same period last year[4] - The company did not recommend any interim dividend for the period[14] Sales Performance - Cement sales volume was 12,192 thousand tons with an average selling price of HKD 370.9 per ton, generating revenue of HKD 4,522,436,000[17] - The average selling prices for cement, clinker, and concrete were HKD 370.9, HKD 326.5, and HKD 459.8 per ton respectively, compared to HKD 436.4, HKD 414.8, and HKD 564.3 in the same period of 2022[16] Currency Impact - The company experienced a depreciation of approximately 6.8% in the RMB against the HKD compared to the same period in 2022[14] Audit and Review - The financial data for the period has been reviewed by the company's audit committee[12]
华润水泥控股(01313) - 2023 Q1 - 季度业绩