Financial Performance - The Group recorded a turnover of approximately RMB 47,453,000 for the nine months ended 30 September 2023, representing a decrease of approximately 16% compared to RMB 56,489,000 for the corresponding period in 2022[8]. - Profit attributable to owners of the Company for the nine months ended 30 September 2023 amounted to approximately RMB 24,645,000, compared to a loss of RMB 6,324,000 in 2022[8]. - Basic earnings per share for the nine months ended 30 September 2023 amounted to RMB 49.35 cents, compared to a basic loss of RMB 18.26 cents for the same period in 2022[8]. - Profit before income tax for the nine months ended 30 September 2023 was RMB 34,490,000, compared to a loss of RMB 854,000 in 2022[9]. - Total comprehensive income for the period ended 30 September 2023 was RMB 24,472,000, compared to RMB 5,876,000 in the same period of 2022[9]. - For the three months ended September 30, 2023, the profit attributable to owners of the Company was RMB 10,636,000, compared to RMB 4,155,000 for the same period in 2022, representing an increase of 156.5%[10]. - The profit for the nine months ended September 30, 2023, reflects a strong recovery in performance compared to the previous year, indicating effective management strategies[10]. - The profit attributable to the owners of the Company amounted to approximately RMB 24.6 million, compared to a loss of RMB 6.3 million in the previous year[81]. Revenue and Expenses - Revenue for the three months ended 30 September 2023 was RMB 22,006,000, down from RMB 29,426,000 in the same period of 2022[9]. - Employee benefit expenses for the nine months ended 30 September 2023 were RMB 3,917,000, down from RMB 5,185,000 in 2022[9]. - Other administrative expenses for the nine months ended 30 September 2023 were RMB 11,538,000, compared to RMB 40,103,000 in the same period of 2022[9]. - Revenue for the nine months ended September 30, 2023, was RMB 47,453,000, down 16.0% from RMB 56,489,000 in the prior year[28]. - Revenue from financial platforms services amounted to approximately RMB 46.0 million, representing a decrease of approximately 18%[67]. - Revenue from loan services, finance leasing, and factoring services amounted to approximately RMB 1.4 million, representing an increase of 773% from RMB 164,000 for the corresponding period of last year[70]. - Administrative and employee benefit expenses decreased by approximately 66% to approximately RMB 15.5 million due to a reduction in marketing and advertising fees[74]. Dividends and Share Capital - The Board does not declare the payment of interim dividend for the nine months ended 30 September 2023, consistent with the previous year[8]. - The Company completed a capital reorganization on March 22, 2023, consolidating every 50 ordinary shares of HK$0.1 each into one consolidated share of HK$5 each[54]. - The Company issued 36,042,067 new shares at a subscription price of HK$0.72 per share, raising gross proceeds of approximately HK$25.95 million[101]. - The value of share capital was approximately RMB 611,000 as of September 30, 2023, up from approximately RMB 286,000 as of December 31, 2022[98]. - The Company had 70,670,717 shares in issue as of September 30, 2023[98]. Taxation - The income tax expense for the nine months ended September 30, 2023, was RMB 9,866,000, compared to RMB 5,287,000 for the same period in 2022, reflecting an increase of 86.5%[36][41]. - The current period PRC Enterprise Income Tax was RMB 4,879,000 for the three months ended September 30, 2023, compared to RMB 3,008,000 in 2022, marking a 62.2% increase[36][40]. - The Group's effective tax rate for the current period remains at 25.0%, consistent with the previous year[37][38]. Shareholder Information - Ms. Niu Chengjun holds 36,042,067 shares, representing approximately 51% of the total shares[111]. - Ming Cheng Investments Limited, wholly owned by Mr. Zheng Weijing, holds 7,354,791 shares, approximately 10.41%[111]. - Mr. Zheng Weijing's total interest, including shares controlled by Ming Cheng Investments Limited, amounts to 8,167,395 shares, approximately 11.56%[111]. - Sino-Africa Resources Holdings Limited, wholly owned by Mr. Huang Xiguang, holds 5,113,520 shares, approximately 7.24%[111]. Corporate Governance - The Audit Committee reviewed the Group's unaudited condensed consolidated results for the nine months ended 30 September 2023, ensuring compliance with applicable accounting standards and GEM Listing Rules[138]. - The company has adopted a code of conduct regarding securities transactions by Directors, with no reported non-compliance during the nine months ended 30 September 2023[133]. Future Outlook - The Group plans to seek new investment opportunities to create long-term and sustainable value for its shareholders[88]. - The Company has been actively seeking various business opportunities to diversify its revenue sources[64]. - The Group aims to expand its business scope into data security services, which is seen as a critical topic in the financial service industry[64].
汇联金融服务(08030) - 2023 Q3 - 季度财报