Financial Performance - Revenue for the three months ended September 30, 2023, was HKD 6,126,000, a decrease of 66.3% compared to HKD 18,163,000 for the same period in 2022[3] - Gross profit for the same period was HKD 935,000, down 39.2% from HKD 1,540,000 in the previous year[3] - Operating loss for the three months was HKD 2,385,000, slightly higher than the loss of HKD 2,320,000 in the prior year[3] - Loss before tax was HKD 2,478,000, compared to a loss of HKD 2,492,000 in the same period last year[3] - Total comprehensive loss for the period was HKD 3,517,000, compared to HKD 1,929,000 in the previous year, reflecting a significant increase in losses[4] - The company reported a basic and diluted loss per share of HKD 0.31, unchanged from the previous year[3] - The company reported a loss attributable to shareholders of approximately HKD 2,448,000 for the three months ended September 30, 2023, compared to a loss of HKD 2,450,000 for the same period in 2022[18] Revenue Breakdown - Revenue from the sale of swimwear and clothing products was HKD 1,749,000, down 69.0% from HKD 5,632,000 in the same period last year[13] - Revenue from the sale of second-hand mobile phones was HKD 4,059,000, a decrease of 66.5% compared to HKD 12,143,000 in the previous year[13] - Interest income from lending activities was HKD 318,000, down 18.0% from HKD 388,000 in the same period last year[13] - The swimwear and apparel segment generated revenue of approximately HKD 1,749,000, down from HKD 5,632,000 in the previous year, with a gross profit margin of 28% compared to 14% in the prior year[26] - The e-commerce and online shopping segment reported revenue of approximately HKD 4,059,000, down from HKD 12,143,000, maintaining a gross profit margin of 3%[27] - The lending segment generated revenue of approximately HKD 318,000, with a consistent gross profit margin of 100%[28] Dividend and Future Outlook - The company does not recommend the payment of an interim dividend for the three months ended September 30, 2023, consistent with the previous year[21] - The company anticipates improvements in the swimwear and apparel segment post-pandemic and plans to continue cost-cutting measures to seize market recovery opportunities[32] - The company will maintain and develop its lending business while allocating sufficient resources to meet business demands[34] - The company is cautious about natural growth and seeks to diversify its revenue sources while maintaining efficient spending across its business segments[30] Shareholder Information - As of September 30, 2023, the total issued shares of the company amounted to 792,745,615 shares[42] - Liu Zhi Yuan holds 149,294,199 shares, representing approximately 18.83% of the issued share capital[41] - JL Investments holds 141,674,199 shares, representing approximately 17.87% of the issued share capital[41] - Big Good Management Limited and Ma Kai Zhu hold 135,053,384 shares each, representing approximately 17.04% of the issued share capital[41] - Wide Select Investments Limited and Li Yan hold 126,642,000 shares each, representing approximately 15.98% of the issued share capital[41] - Wide Select holds 237,435,165 shares, representing approximately 29.95% of the issued share capital[45] - The company did not repurchase any shares during the reporting period[47] Corporate Governance - The company has established an audit committee to review financial reporting and internal controls[49] - The company has complied with the corporate governance code as per GEM listing rules during the reporting period[51] - There were no known conflicts of interest among directors and major shareholders as of September 30, 2023[48]
荟萃国际(控股)(08041) - 2024 Q1 - 季度财报