Revenue Performance - For the nine months ended September 30, 2023, the group recorded revenue of approximately HKD 78.8 million, a decrease of about 4.5% compared to approximately HKD 82.5 million in the same period last year[12]. - Revenue from food processing and trading, including transportation services, was approximately HKD 56.8 million, down from HKD 63.7 million in 2022[12]. - Revenue from restaurant operations increased to approximately HKD 22.0 million, up from HKD 18.8 million in 2022[12]. - For the three months ended September 30, 2023, the company reported revenue of HKD 26,778,000, a slight increase of 1.35% compared to HKD 26,422,000 in the same period of 2022[33]. - For the nine months ended September 30, 2023, total revenue was HKD 78,808,000, a decrease of 4.3% from HKD 82,523,000 in the same period of 2022[33]. - The segment revenue from food processing and trading (including transportation services) was HKD 56,779,000, down 11.5% from HKD 63,675,000 in the previous year[53]. - The restaurant operations segment generated revenue of HKD 22,029,000, an increase of 16.0% from HKD 18,848,000 in the prior year[53]. Cost and Expenses - The cost of consumed inventory for the nine months was approximately HKD 42.2 million, compared to approximately HKD 52.3 million in the same period last year[13]. - The cost of goods sold for the three months ended September 30, 2023, was HKD 13,950,000, down 9.3% from HKD 15,397,000 in the previous year[33]. - The cost of goods sold for the nine months was HKD 42,242,000, down 19.2% from HKD 52,259,000 in the previous year[63]. - The total depreciation expense for the nine months was HKD 5,971,000, a decrease of 29.5% compared to HKD 8,403,000 in 2022[63]. - Employee benefit expenses increased to approximately HKD 20.1 million from approximately HKD 19.4 million in the previous year, primarily due to rising employee salaries[15]. Profit and Loss - The group recorded a loss before tax of approximately HKD 3.4 million, an improvement from a loss of approximately HKD 7.2 million in the previous year[13]. - The group reported a net loss of approximately HKD 3.8 million for the nine months, compared to a net loss of approximately HKD 7.5 million in the same period last year[17]. - The company recorded a loss before tax of HKD 565,000 for the three months ended September 30, 2023, an improvement from a loss of HKD 1,717,000 in the same period of 2022[33]. - Total comprehensive loss for the three months ended September 30, 2023, was HKD 82,000, compared to a loss of HKD 1,002,000 in the same period of 2022[34]. - The company’s total comprehensive loss for the nine months ended September 30, 2023, was HKD 1,821,000, compared to a loss of HKD 5,474,000 in the same period of 2022[34]. - The adjusted loss before tax for the nine months ended September 30, 2023, was HKD 3,762,000, significantly improved from a loss of HKD 7,593,000 in the same period of 2022[63]. - The company reported a tax provision based on an estimated taxable profit at a rate of 16.5%, consistent with the previous year[65]. Shareholder Information - As of September 30, 2023, major shareholder Jianjing Venture Limited holds 1,050,000,000 shares, representing 75% of the company's issued share capital[22]. - The company has not granted any share options under its share option scheme since its adoption on June 5, 2017[24]. - The board did not declare any dividends for the nine months ended September 30, 2023, consistent with the previous year[18]. - The company did not recommend any dividend payment for the nine months ended September 30, 2023, consistent with the previous year[66]. Compliance and Governance - The audit committee, consisting of three independent non-executive directors, has reviewed the report and confirmed compliance with applicable accounting standards[32]. - The company has adopted a code of conduct for securities transactions by directors, which complies with the GEM Listing Rules[28]. - The company has not reported any significant impact on its performance or financial position from the adoption of new and revised Hong Kong Financial Reporting Standards[46]. - The financial statements were approved and authorized for issue by the board on November 9, 2023[69]. Loss Per Share - The company’s basic and diluted loss per share for the three months ended September 30, 2023, was HKD 0.05, an improvement from HKD 0.09 in the same period of 2022[33]. - The basic loss per share for the three months ended September 30, 2023, was HKD 0.05, compared to HKD 0.09 for the same period in 2022, reflecting a 44.4% decrease[68]. - The basic loss per share for the nine months ended September 30, 2023, was HKD 0.26, down from HKD 0.46 in 2022, which is a 43.5% improvement[68]. - For the nine months ended September 30, 2023, the loss attributable to owners of the company was HKD 3,607,000, down from HKD 6,498,000 in 2022, indicating a 44.0% reduction in losses year-over-year[68]. - For the three months ended September 30, 2023, the company reported a loss attributable to owners of the company of HKD 655,000, compared to a loss of HKD 1,297,000 for the same period in 2022, representing a 49.3% improvement[68].
运兴泰集团(08362) - 2023 Q3 - 季度财报