Financial Performance - For the fiscal year ending December 31, 2023, the company reported total revenue of HKD 14,464,000, a significant increase of 65.8% compared to HKD 8,705,000 for the previous year[6] - Other income for the same period was HKD 2,955,000, up from HKD 2,782,000, reflecting a growth of 6.2%[6] - The company incurred a pre-tax loss of HKD 9,700,000, an improvement from a loss of HKD 34,368,000 in the prior year, indicating a reduction in losses by approximately 71.7%[6] - The net loss attributable to the owners of the company for the year was HKD 9,562,000, compared to HKD 34,116,000 in the previous year, representing a decrease of 71.9%[6] - Total revenue for the year 2023 reached HKD 14,464,000, a significant increase of 65% compared to HKD 8,705,000 in 2022[25] - The company reported a pre-tax loss of HKD 9,700,000 for 2023, an improvement from a loss of HKD 34,368,000 in 2022[31] - The company recorded a loss of approximately HKD 9,562,000 for the year, compared to a loss of approximately HKD 34,116,000 in the same period last year[69] Assets and Liabilities - The company's total assets as of December 31, 2023, were HKD 191,062,000, slightly down from HKD 193,517,000 in the previous year[8] - Current liabilities increased to HKD 51,239,000 from HKD 43,994,000, marking a rise of 16.1%[8] - The company's cash and cash equivalents decreased to HKD 12,513,000 from HKD 22,290,000, a decline of 43.8%[8] - The total equity attributable to the owners of the company was HKD 139,822,000, down from HKD 149,384,000, reflecting a decrease of 6.4%[9] - The net current assets decreased by 9.4% to HKD 102,216,000 from HKD 112,840,000 in the previous year[55] - The total bank balances and cash amounted to approximately HKD 51,802,000, a decrease from HKD 55,353,000 in 2022, primarily due to net cash used in operating activities of approximately HKD 9,870,000[77] - The group's asset-liability ratio is approximately 5.2%, up from 4.0% in 2022[77] Revenue Sources - Revenue from corporate finance advisory services increased to HKD 2,700,000 in 2023, up 78% from HKD 1,515,000 in 2022[25] - The revenue from brokerage services decreased to HKD 1,596,000 in 2023 from HKD 1,791,000 in 2022, representing a decline of 11%[25] - Interest income from securities and IPO financing increased to HKD 5,974,000 in 2023 from HKD 3,715,000 in 2022, marking a growth of 61%[25] - The company recognized service fee income of HKD 310,000 from brokerage-related services, which was not recorded in the previous year[56] Corporate Governance and Compliance - The company has adopted all provisions of the GEM Listing Rules Appendix C1 as its corporate governance code, ensuring high standards of corporate governance to protect stakeholder interests[92] - The audit committee confirms that the group's consolidated financial statements comply with applicable accounting standards and GEM listing rules[109] Future Outlook - The outlook for 2024 indicates continued pressure on the Hong Kong economy, with the International Monetary Fund forecasting a GDP growth of 2.9%[71] - The company's management discussed the impact of global economic uncertainties, including interest rate hikes in the US and Europe, on the Hong Kong market outlook[44] Shareholder Information - The company did not declare or recommend any dividends for the year ending December 31, 2023, consistent with 2022[32] - The annual general meeting is scheduled for May 31, 2024, with formal notice to be issued in due course[107] - The company will suspend share transfer registration from May 28, 2024, to May 31, 2024, inclusive[108] Miscellaneous - The group has no significant acquisitions or disposals of subsidiaries, associates, or joint ventures during the year[85] - There are no plans for significant investments or increases in capital assets as of the announcement date[86] - The group has no significant contingent liabilities as of December 31, 2023[90] - The company has not made any provisions for Hong Kong profits tax as there was no taxable profit generated in both 2023 and 2022[30]
阿仕特朗金融(08333) - 2023 - 年度业绩