Financial Performance - The group's revenue for the nine months ended December 31, 2022, was approximately HKD 46.5 million, a decrease of about 68.0% compared to the same period in 2021[4] - The total comprehensive loss attributable to the owners of the company for the nine months ended December 31, 2022, was approximately HKD 15.6 million, representing a decrease of about 28.3% compared to the same period in 2021[4] - The group's loss before tax for the nine months ended December 31, 2022, was approximately HKD 19.5 million, compared to a loss of HKD 23.2 million in the same period of 2021[5] - The group's total comprehensive loss for the nine months ended December 31, 2022, was approximately HKD 16.98 million, compared to HKD 24.85 million in the same period of 2021[5] - The company reported a net loss of approximately HKD 19,140,000 for the nine months ended December 31, 2022[13] - For the nine months ended December 31, 2022, the company reported a loss attributable to owners of the company of HKD 18,637,000, compared to a loss of HKD 17,910,000 for the same period in 2021[27] - The company reported a loss attributable to owners of approximately HKD 18.6 million for the nine months ended December 31, 2022, compared to HKD 17.9 million in the same period of 2021[49] Revenue Breakdown - Total revenue for the three months ended December 31, 2022, was HKD 17,400,000, a decrease of 53.7% compared to HKD 37,559,000 for the same period in 2021[14] - Revenue from restaurant services for the nine months ended December 31, 2022, was HKD 40,117,000, down 66.0% from HKD 117,958,000 in the previous year[14] - Revenue from financial institution cooperation services for the nine months ended December 31, 2022, was approximately HKD 6.3 million, a decrease from HKD 25.1 million for the same period in 2021[39] - Revenue from financial institution cooperation services included HKD 3,005,000 from post-loan matching service fees for the nine months ended December 31, 2022[14] - The restaurant service supply business experienced a decrease in revenue due to the adverse impact of COVID-19, leading to increased operational losses[30] - The organic vegetable consulting service did not generate any revenue for the nine months ended December 31, 2022, primarily due to lockdowns in Shanghai during the first quarter[31] Expenses and Liabilities - The group incurred employee benefit expenses of approximately HKD 24.02 million for the nine months ended December 31, 2022, down from HKD 50.54 million in the same period of 2021[5] - The cost of sales and consumed inventory for the nine months ended December 31, 2022, was approximately HKD 13.8 million, accounting for about 29.8% of total revenue, compared to HKD 28.7 million or 19.7% in the same period of 2021[40] - Other expenses for the nine months ended December 31, 2022, were approximately HKD 13.9 million, accounting for about 30.0% of total revenue, down from HKD 24.7 million or 17.0% in the same period of 2021[45] - The group reported a significant decrease in loan referral and guarantee expenses to approximately HKD 486,000 for the nine months ended December 31, 2022, from HKD 14.9 million in the same period of 2021, representing about 7.7% of revenue from financial institution cooperation services[41] - The company has a net current liability of approximately HKD 91,994,000 as of December 31, 2022[13] Shareholder Information - The company did not declare any dividends for the nine months ended December 31, 2022, consistent with the previous year[4] - The basic and diluted loss per share attributable to the owners of the company for the nine months ended December 31, 2022, was HKD 0.02, unchanged from the previous year[5] - The basic loss per share for the nine months ended December 31, 2022, was HKD 0.02, consistent with the loss per share for the same period in 2021[27] - The company issued 1,088,040,908 shares at a subscription price of HKD 0.04 per share, raising approximately HKD 41,465,000[8] - The net proceeds from the rights issue amounted to approximately HKD 41.5 million, which will be used for general corporate and operational funding[51] Operational Changes - The group operated 4 restaurants in Hong Kong as of December 31, 2022, down from 10 restaurants in 2021, with 6 restaurants closed or sold during the nine months ended December 31, 2022[34] - The company has closed multiple restaurants due to the challenging operating environment caused by COVID-19 restrictions[30] - The company has entered the food trading business, leveraging its expertise to trade frozen foods and wines, and has secured significant procurement contracts with major supermarket chains in Hong Kong[53] Future Outlook - The company is cautiously optimistic about the potential recovery of the tourism and restaurant industries in Hong Kong as restrictions ease[30] - The company is focusing on providing a variety of dishes at different price points to a broad customer base in Hong Kong, despite a challenging operating environment[53] - The company plans to continue investing in and developing new businesses, including organic vegetable consulting services and financial institution collaborations in China[54] - The company confirmed that it has sufficient financial resources to meet its foreseeable financial obligations despite the net loss and current liabilities[13] Governance and Compliance - The audit committee reviewed the unaudited consolidated results for the nine months ended December 31, 2022, ensuring compliance with applicable accounting standards and regulations[68] - The company has adopted the corporate governance code and believes its current structure does not undermine the balance of power between the board and management[66] - The company has established an audit committee in accordance with GEM listing rules to oversee financial reporting and internal control processes[68] - The board of directors confirmed compliance with the trading regulations during the nine months ended December 31, 2022[65] - There were no significant acquisitions or disposals of subsidiaries, associates, or joint ventures during the nine months ended December 31, 2022[70]
生活概念(08056) - 2023 Q3 - 季度财报