Financial Performance - For the nine months ended September 30, 2023, the company reported revenue of HKD 2,955,978, a decrease of 5% from HKD 3,112,110 in the same period of 2022[4] - Gross profit for the same period was HKD 1,005,835, representing an increase of 2.9% compared to HKD 978,077 in the previous year[4] - The company's profit before tax was HKD 367,692, up 5.7% from HKD 347,755 in the prior year[4] - Net profit for the period was HKD 272,272, an increase of 5.5% from HKD 258,087 in the same period last year[4] - Basic and diluted earnings per share increased to HKD 25.90, compared to HKD 22.31 in the previous year, reflecting a growth of 11.6%[4] - The company reported segment revenue from Hong Kong and other Asian markets of HKD 1,290.4 million and from mainland China of HKD 1,984.9 million for the nine months ended September 30, 2023[13] - The company’s operating performance in the nine months ended September 30, 2023, showed a segment profit of HKD 339.3 million, compared to HKD 313.8 million in the same period of 2022[13][14] Assets and Liabilities - Non-current assets as of September 30, 2023, totaled HKD 2,132,652, a slight increase from HKD 2,103,271 at the end of 2022[5] - Current assets decreased to HKD 2,485,166 from HKD 2,496,534 at the end of 2022, primarily due to a reduction in inventory[5] - Total liabilities increased slightly to HKD 947,187 from HKD 926,969 at the end of 2022, indicating a stable financial position[6] - The company’s total equity attributable to owners was HKD 3,542,039, a decrease from HKD 3,555,753 at the end of 2022[6] Revenue Breakdown - Revenue from Hong Kong and other Asian markets decreased by 3.8%, while revenue from mainland China decreased by 5.8% (a decrease of 0.2% in local currency) due to the depreciation of the RMB against the HKD[12] - The company reported a revenue of ¥32,936 million for its China segment, a decrease of 2.4% year-over-year[20] Future Outlook - The company plans to continue focusing on market expansion and product development to drive future growth[2] - The financial performance is subject to significant risks and uncertainties that may impact future results, as indicated in the forward-looking statements[20] - The company advises shareholders and potential investors to exercise caution and not overly rely on the quarterly disclosures provided[20] Dividend Policy - The company did not recommend the payment of any dividend for the current period, consistent with the previous period where no dividend was paid[11] Accounting and Review - The company’s financial statements for the nine months ended September 30, 2023, were reviewed by the audit committee[11] - The company’s accounting policies and methods for the nine months ended September 30, 2023, remained consistent with those reported for the year ended December 31, 2022[8] Sales Performance - For the three months ended September 30, 2023, net sales to third parties were ¥18,076 million, a slight increase from ¥18,028 million in the same period of 2022[19] - Total revenue for the six months ended September 30, 2023, was ¥34,545 million, down 1.1% from ¥34,922 million in the same period of 2022[19] - Operating income for the three months ended September 30, 2023, was ¥2,420 million, compared to ¥1,977 million in the same period of 2022, reflecting a year-over-year increase of 22.4%[19] - The core operating profit for the six months ended September 30, 2023, was ¥3,527 million, representing a 6.1% increase compared to the same period in 2022[20] - The company noted a recovery in instant noodle sales from July to September 2023, although overall sales for the first half of the year were weak[20] Reporting Structure - The company has adjusted its reporting structure, incorporating Nissin Foods Vietnam Co., Ltd. into its China segment, affecting comparative figures from the previous fiscal year[19]
日清食品(01475) - 2023 Q3 - 季度业绩