Financial Performance - For the nine months ended September 30, 2023, the group recorded unaudited revenue of approximately HKD 250.2 million, a decrease of about 23.6% compared to HKD 327.3 million for the same period in 2022[2]. - The group's unaudited profit for the nine months ended September 30, 2023, was approximately HKD 17.4 million, compared to HKD 14.4 million for the same period in 2022, reflecting an increase[2]. - For the three months ended September 30, 2023, the group reported unaudited revenue of HKD 86.7 million, down from HKD 106.3 million in the same period of 2022, representing a decrease of approximately 18.4%[3]. - The operating profit for the nine months ended September 30, 2023, was HKD 17.1 million, an increase from HKD 15.9 million in the same period of 2022[3]. - The basic and diluted earnings per share for the nine months ended September 30, 2023, were HKD 2.17, compared to HKD 1.80 for the same period in 2022, indicating growth[3]. - The total comprehensive income for the nine months ended September 30, 2023, was HKD 16.6 million, compared to HKD 14.0 million for the same period in 2022[4]. Expenses - Employee benefit expenses for the nine months ended September 30, 2023, were approximately HKD 223.7 million, down 25.0% from HKD 298.4 million in the same period of 2022[2]. - The group reported a decrease in other income from HKD 8.2 million in the nine months ended September 30, 2022, to HKD 3.8 million in the same period of 2023[3]. - Cleaning materials costs decreased from approximately HKD 4.1 million for the nine months ended September 30, 2022, to approximately HKD 2.0 million for the same period in 2023, attributed to fewer public housing contracts managed and reduced use of antiviral disinfectants[19]. - Other operating expenses decreased to approximately HKD 9.8 million for the nine months ended September 30, 2022, from HKD 11.4 million in the previous period, primarily due to reductions in insurance, security, and miscellaneous expenses[20]. Dividends - The group paid dividends totaling HKD 18.0 million during the nine months ended September 30, 2023[5]. - The company declared an interim dividend of HKD 6 million (HKD 0.75 per share) for the six months ended June 30, 2023[14]. - The company did not recommend the payment of dividends for the period ended September 30, 2022[15]. Shareholder Information - R5A Group Limited holds 491,440,000 shares, representing 61.43% of the company's issued share capital, with significant ownership by key executives[25]. - Major shareholder Yang Xiuyun holds 57,120,000 shares, accounting for 7.14% of the company's issued share capital[25]. Corporate Governance - The company has adhered to all corporate governance codes as per GEM listing rules, with no deviations reported[28]. - The audit committee has reviewed the unaudited consolidated results for the period and believes they comply with applicable accounting standards and GEM listing rules[32]. - The audit committee consists of independent non-executive directors, ensuring oversight of the financial reporting process[32]. - The company has adopted a code of conduct regarding securities trading by directors, in compliance with GEM listing rules[29]. - There have been no purchases, sales, or redemptions of the company's listed securities by the company or its subsidiaries during the period[30]. Market Outlook - The property management services for public housing in Hong Kong are expected to grow alongside the development of the public housing market, with the company optimistic about increasing its market share post-listing[22]. Financial Reporting - The financial information in the report has not been audited by the company's auditors[32]. - The report will be available on the GEM website and the company's website for at least seven days from the publication date[32]. - There have been no significant matters to disclose after the reporting period[31].
雅居投资控股(08426) - 2023 Q3 - 季度财报