Financial Performance - The company's unaudited revenue for the six months ended June 30, 2022, was HKD 271.5 million, a decrease of approximately HKD 69.9 million or 20.5% compared to the same period in 2021[16] - The unaudited loss for the six months ended June 30, 2022, was HKD 9.8 million, reversing from a profit of HKD 10.6 million for the same period in 2021[16] - The unaudited basic and diluted loss per share for the six months ended June 30, 2022, was HKD 2.14, compared to a profit of HKD 2.71 for the same period in 2021[16] - For the three months ended June 30, 2022, the unaudited revenue was HKD 147.1 million, down from HKD 177.8 million in the same period of 2021[19] - The gross profit for the six months ended June 30, 2022, was HKD 24.2 million, a decrease from HKD 41.3 million in the same period of 2021[19] - The loss attributable to owners of the company for the six months ended June 30, 2022, was HKD 8.6 million, compared to a profit of HKD 10.8 million in the same period of 2021[19] - The company reported a net loss before tax of HKD 10.6 million for the six months ended June 30, 2022[19] - The total comprehensive income for the six months ended June 30, 2022, was a loss of HKD 20,148,000, compared to a profit of HKD 7,017,000 for the same period in 2021[22] - For the three months ended June 30, 2022, the company reported a loss of HKD 4,373,000 compared to a profit of HKD 7,092,000 in the same period of 2021, representing a significant decline[22] Revenue Breakdown - Total revenue for the six months ended June 30, 2022, was HKD 271,492,000, a decrease of 20.5% compared to HKD 341,383,000 for the same period in 2021[51] - Revenue from system integration services for the six months ended June 30, 2022, was HKD 183,251,000, down 24.5% from HKD 242,789,000 in the same period of 2021[51] - Revenue from maintenance services for the six months ended June 30, 2022, was HKD 76,832,000, a decrease of 9.8% compared to HKD 84,680,000 in the same period of 2021[51] - Revenue from cybersecurity services for the six months ended June 30, 2022, was HKD 11,409,000, down 18.0% from HKD 13,914,000 in the same period of 2021[51] - The total revenue from network security services for the six months ended June 30, 2022, was HKD 11,409,000, compared to HKD 13,914,000 for the same period in 2021, a decrease of approximately 18.0%[56] Expenses and Liabilities - The company's administrative expenses for the six months ended June 30, 2022, were HKD 35.1 million, compared to HKD 31.7 million for the same period in 2021[19] - The total operating expenses for the six months ended June 30, 2022, were HKD 35,137,000, compared to HKD 31,671,000 for the same period in 2021[49] - The cost of goods sold for the six months ended June 30, 2022, was HKD 196,753,000, compared to HKD 249,621,000 for the same period in 2021, representing a decrease of approximately 21.2%[58] - The company incurred a total tax expense of HKD 790,000 for the six months ended June 30, 2022, compared to a tax benefit of HKD 1,264,000 in the same period of 2021[61] - The company's total liabilities decreased from HKD 190,407,000 as of December 31, 2021, to HKD 113,132,000 as of June 30, 2022, a decline of about 40.7%[25] Assets and Cash Flow - Non-current assets decreased from HKD 55,325,000 as of December 31, 2021, to HKD 53,173,000 as of June 30, 2022, indicating a reduction of approximately 3%[25] - Current assets decreased from HKD 298,753,000 as of December 31, 2021, to HKD 207,151,000 as of June 30, 2022, a decline of about 30.7%[25] - Cash and cash equivalents decreased significantly from HKD 123,088,000 at the beginning of the period to HKD 57,396,000 at the end, reflecting a decrease of approximately 53.5%[34] - The net cash used in operating activities for the six months ended June 30, 2022, was HKD 41,779,000, compared to cash generated of HKD 17,556,000 in the same period of 2021[34] - Trade and other receivables decreased from HKD 110,156,000 as of December 31, 2021, to HKD 64,273,000 as of June 30, 2022, a reduction of approximately 41.7%[25] Shareholder Information - Major shareholders, including Mr. Xu, Mr. Li, and Mr. Feng, collectively hold 55.00% of the company's issued share capital[119] - The company has a total of 400 million shares issued as of June 30, 2022, with Mr. Tao holding 5.73% of the shares[124] - LiquidTech holds 220,000,000 shares, representing 55.00% of the issued share capital[127] - AMS, controlled by key shareholders, also holds 220,000,000 shares, equating to 55.00% of the issued share capital[127] Corporate Governance - The company is committed to robust corporate governance to enhance shareholder value[134] - The company has maintained compliance with the corporate governance code provisions during the reporting period[134] - The audit committee, consisting of three independent non-executive directors, has reviewed the unaudited interim results for the six months ended June 30, 2022[140] Future Outlook - The company did not provide specific guidance for future performance during the earnings call[16] - The management team plans to implement strict cost control measures in response to increasing orders and external uncertainties, including the impact of the Russia-Ukraine war and rising interest rates in the U.S.[107] - The company has adjusted the use of proceeds from fundraising to align with current market conditions and economic environment[113]
未来数据集团(08229) - 2022 - 中期财报