First Quarterly Report
2017/18 第一季度報告 CHARACTERISTICS OF THE GROWTH ENTERPRISE MARKET ("GEM") OF THE STOCK EXCHANGE OF HONG KONG LIMITED (THE "STOCK EXCHANGE") GEM has been positioned as a market designed to accommodate companies to which a higher investment risk may be attached than other companies listed on the Stock Exchange. Prospective investors should be aware of the potential risks of investing in such companies and should make the decision to invest only after due and careful consideration. The greater risk profile and other characteristics of GEM mean that it is a market more suited to professional and other sophisticated investors. Given the emerging nature of companies listed on GEM, there is a risk that securities traded on GEM may be more susceptible to high market volatility than securities traded on the Main Board and no assurance is given that there will be a liquid market in the securities traded on GEM.Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this report, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this report.
This report, for which the directors (the "Directors") of Thiz Technology Group Limited collectively and individually accept full responsibility, includes particulars given in compliance with the Rules Governing the Listing of Securities on the Growth Enterprise Market of The Stock Exchange of Hong Kong Limited (the "GEM Listing Rules") for the purpose of giving information with regard to Thiz Technology Group Limited. The Directors, having made all reasonable enquiries, confirm that, to the best of their knowledge and belief: 1. the information contained in this report is accurate and complete in all material respects and not misleading; 2. there are no other matters the omission of which would make any statement in this report misleading; and 3. all opinions expressed in this report have been arrived at after due and careful consideration and are founded on bases and assumptions that are fair and reasonable.
SUMMARY•
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The Group recorded a turnover of approximately HK$427,000 for the three months ended
30 June 2017.
Loss attributable to shareholders was approximately HK$1,397,000.
The directors of the Company (the "Directors") do not recommend the payment of dividend for the three months ended 30 June 2017.
RESULTSThe board of Directors (the "Board") of Thiz Technology Group Limited (the "Company") herein announce the unaudited condensed consolidated results of the Company and its subsidiaries (together the "Group") for the three months ended 30 June 2017 together with the comparative unaudited figures for the corresponding periods in 2016 as follows:
UNAUDITED CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME For the three months ended 30 JuneNotes | 2017 HK$'000 | 2016 HK$'000 | |
Turnover | 3 | 427 | 508 |
Cost of sales and services | (12) | (9) | |
Gross profit | 415 | 499 | |
Other income | 3 | 8 | 9 |
Selling and distribution expenses | (11) | (22) | |
General and administrative expenses | (1,567) | (1,495) | |
Finance costs | (242) | (234) | |
Loss before taxation | 4 | (1,397) | (1,243) |
Taxation | 5 | - | - |
Loss for the period | (1,397) | (1,243) | |
Currency translation differences | (292) | (17) | |
Total comprehensive income | (1,689) | (1,260) | |
Loss attributable to: Owners of the Company | (1,395) | (1,241) | |
Non-controlling interests | (2) | (2) | |
(1,397) | (1,243) | ||
Total comprehensive income attributable to: Owners of the Company | (1,687) | (1,258) | |
Non-controlling interests | (2) | (2) | |
(1,689) | (1,260) | ||
Loss per share: - Basic and diluted (in cents) | 6 | (0.6) | (0.6) |
Balance at 1 April 2016 225,570 27,272 84 360 2,702 (232,470) 23,518 (315) 23,203
Other comprehensive income - - - - (17) - (17) - (17) Profit or loss for the period - - - - - (1,241) (1,241) (2) (1,243)
Balance at 30 June 2016 225,570 27,272 84 360 2,685 (233,711) 22,260 (317) 21,943
Balance at 1 April 2017 225,570 27,272 84 360 526 (237,029) 16,783 (325) 16,458
Other comprehensive income - - - - (292) - (292) - (292)
Profit or loss for the period - - - - - (1,395) (1,395) (2) (1,397)
Balance at 30 June 2017 225,570 27,272 84 360 234 (238,424) 15,096 (327) 14,769
Thiz Technology Group Ltd. published this content on 14 August 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 14 August 2017 08:51:06 UTC.
Original documenthttp://www.thizgroup.com/hk/news/news/announcement/GLN20170814059.pdf
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