Financial Performance - For the three months ended September 30, 2023, the group's revenue was HKD 19,382,000, an increase of 32.5% compared to HKD 14,599,000 for the same period in 2022[3] - The gross profit for the three months ended September 30, 2023, was HKD 3,152,000, slightly down by 2.3% from HKD 3,227,000 in the previous year[3] - Operating profit for the three months ended September 30, 2023, increased to HKD 638,000, representing a 60.5% rise from HKD 398,000 in the same quarter of 2022[3] - The net profit for the three months ended September 30, 2023, was HKD 16,000, a decrease of 82.0% compared to HKD 89,000 in the prior year[3] - For the nine months ended September 30, 2023, total revenue was HKD 62,801,000, a slight decrease of 0.3% from HKD 62,998,000 in the same period of 2022[3] - The basic and diluted earnings per share for the three months ended September 30, 2023, were HKD 0.06, down from HKD 0.08 in the same period of 2022[4] - The total comprehensive income for the three months ended September 30, 2023, was HKD 71,000, compared to HKD 89,000 in the previous year, reflecting a decrease of 20.2%[4] - The net profit attributable to the owners of the company for the period was approximately HKD 0.12 million, compared to approximately HKD 0.26 million for the same period in 2022[20] Costs and Expenses - The group reported a financing cost of HKD 487,000 for the three months ended September 30, 2023, compared to HKD 112,000 in the same quarter of 2022, indicating a significant increase in financing expenses[3] - Other income and gains decreased by approximately 80.4% to about HKD 0.2 million, primarily due to a reduction in rental income[27] - Administrative and other operating expenses for the period were approximately HKD 7.9 million, a decrease of about 7.8% from approximately HKD 8.5 million for the nine months ended September 30, 2022[28] - The company recorded a decrease in sales costs to approximately HKD 53.6 million for the nine months ended September 30, 2023, from approximately HKD 54.5 million for the same period in 2022[25] Equity and Shareholder Information - The group’s total equity as of September 30, 2023, was HKD 61,695,000, an increase from HKD 61,607,000 at the beginning of the year[6] - As of September 30, 2023, Mr. Liu holds 51,000,000 shares, representing 44.35% of the company's equity[32] - The company did not purchase, sell, or redeem any shares during the reporting period[36] - There were no significant changes in the interests of major shareholders or other individuals in the company's shares as of September 30, 2023[35] Corporate Governance - The audit committee reviewed the financial reporting process and confirmed compliance with applicable accounting standards and GEM listing rules[44] - The company maintains a commitment to good corporate governance practices, emphasizing a high-quality board and effective internal controls[42] - The board of directors confirmed adherence to the trading regulations and the code of conduct for securities transactions during the reporting period[39] - The company has adopted a share option scheme to attract and retain top talent, although no options were exercised during the period[40] - No directors or major shareholders engaged in any business that competes directly or indirectly with the company during the reporting period[37] Business Operations - The company has been engaged in foundation and related engineering services in Hong Kong and alcohol beverage trading in China, indicating ongoing market expansion efforts[7] - The overall business environment remains challenging, influenced by the ongoing effects of the COVID-19 pandemic on the construction industry in Hong Kong[21] - The company did not recommend any dividend for the period, consistent with the previous year[18] - The company has not disclosed any new product developments or market expansion strategies in the current report[38] - The company will continue to monitor project progress and maintain communication with suppliers and subcontractors to enhance operational efficiency and profitability[21]
基地锦标集团(08460) - 2023 Q3 - 季度财报