Financial Performance - The group's profit attributable to shareholders for the year ended December 31, 2024, was HKD 434.5 million, a decrease of 16.4% compared to HKD 520.0 million in 2023[6]. - Earnings per share decreased to HKD 1.17 from HKD 1.40 in 2023[6]. - The total dividend for the year is HKD 0.42 per share, consistent with 2023, amounting to approximately HKD 156.5 million[7]. - The company's net profit attributable to shareholders for the year ended December 31, 2024, was HKD 434.5 million, a decrease from HKD 520.0 million in 2023, primarily due to the termination of tunnel operations which contributed HKD 295.9 million in profit in 2023[32]. - Total revenue for the year increased by 11.6% to HKD 976.6 million, compared to HKD 875.2 million in 2023, driven by a rise in driving school revenue to HKD 818.5 million from HKD 707.9 million[32]. - The financial management business recorded a net profit of HKD 349.0 million, significantly improved from the previous year, with fair value gains on financial assets amounting to HKD 245.8 million, up from HKD 98.0 million in 2023[33]. Market and Economic Conditions - Hong Kong's GDP grew by 2.6% year-on-year in the first three quarters, with exports increasing by about 10%[8]. - The Hang Seng Index rose by 17.7% in 2024, with average daily turnover increasing by 25.5% to HKD 131.8 billion[8]. - The driving training market is expected to shrink in 2025, with a continued decrease in new drivers[12]. Business Strategy and Operations - The company plans to enhance customer service and training quality in its driving schools to maintain market leadership[12]. - Revenue and profit contributions from the Easy Toll service are expected to increase in 2025, offsetting declines from electronic road pricing[13]. - The company aims to advance smart city initiatives in Hong Kong through expertise in engineering, ICT, IoT, and electronic payment systems[14]. - The group plans to continue a prudent long-term growth strategy while remaining vigilant to future challenges and their impact on performance[18]. Investment and Financial Management - The group's investment portfolio value increased slightly to HKD 5,018.8 million in 2024, up from HKD 4,926.2 million in 2023, reflecting a diversified investment strategy[17]. - The group's investment strategy includes a focus on non-listed funds, equity securities, and debt securities, aiming for diversified investment opportunities[15]. - The group's interest income from banks increased during the year, although overall investment income saw a slight decline due to no further income from debt securities[16]. - The total amount of new financial assets added during the year was HKD 638.1 million, including investments in 34 non-listed funds totaling HKD 375.2 million and 14 listed equity securities totaling HKD 262.9 million[40]. - The total amount of financial assets sold and distributed during the year was HKD 793.0 million, including divestments from 24 non-listed funds totaling HKD 554.3 million and 10 listed equity securities totaling HKD 238.7 million[41]. Employee and Workplace Management - The employee turnover rate decreased to 11.7% in 2024 from 13.8% in 2023, indicating improved employee retention efforts[26]. - The total employee cost for the year was HKD 427.4 million, an increase from HKD 390.6 million in 2023[51]. - The company recognizes employees as its most valuable asset and provides comprehensive compensation and benefits[200]. - The company conducts annual reviews and adjustments of salaries to ensure alignment with performance and shareholder interests[200]. - The company ensures a safe and healthy workplace for all employees[200]. Corporate Governance - The board is committed to maintaining high corporate governance standards to protect shareholder interests and enhance corporate value[68]. - The board consists of nine members, including the chairman Zhang Songqiao and managing director Yang Xianzhong, ensuring a diverse composition[72]. - The independent non-executive directors have confirmed no significant interests or relationships that could impair their independent judgment[73]. - The company emphasizes the importance of effective risk management and internal control systems as part of its governance framework[68]. - The board conducts annual reviews of corporate governance policies and practices, ensuring compliance with legal and regulatory requirements[67]. Environmental, Social, and Governance (ESG) Initiatives - The report covers the company's environmental, social, and governance (ESG) performance for the year ending December 31, 2024, in accordance with the Main Board Listing Rules[147]. - The company has adopted a comprehensive Corporate Social Responsibility policy focusing on workplace, operational practices, community, and environment[149]. - The company has established a dedicated team to identify climate impacts and solutions, focusing on reducing greenhouse gas emissions[152]. - The company aims to accelerate low-carbon transformation in response to the government's climate action plan for carbon neutrality by 2050[152]. - The company has set new greenhouse gas emission targets as part of its operational decarbonization roadmap[152]. Risk Management - The company faces various risks including strategic risks from poor decision-making and market changes, which are regularly reviewed by the executive committee[52]. - The financial management business is exposed to price fluctuations of listed and unlisted equity investments, influenced by global economic and geopolitical risks[53]. - The company is committed to enhancing risk monitoring and management mechanisms across all business segments[55]. - The board is responsible for maintaining an effective risk management and internal control system to protect shareholder investments[120]. - The internal audit function provides three reports annually on identified major risk areas to the audit committee[121].

Financial Performance - The group recorded a profit attributable to shareholders of HKD 434.5 million for the year ended December 31, 2024, a decrease of 16.4% compared to HKD 520.0 million in 2023 [4]. - Earnings per share for the year were HKD 1.17, down from HKD 1.40 in 2023 [4]. - Total revenue for the year was HKD 976.6 million, an increase from HKD 875.2 million in 2023, driven by customer contract revenue of HKD 795.1 million, up from HKD 684.3 million [8]. - Operating profit for the year was HKD 574.7 million, compared to HKD 386.8 million in 2023, reflecting improved financial management operations [8]. - The group's total comprehensive income for the year was HKD 522.5 million, down from HKD 586.3 million in 2023 [13]. - The profit before tax from continuing operations for 2024 was HKD 563,163,000, an increase of 65.9% compared to HKD 339,406,000 in 2023 [42]. - The profit from discontinued operations for 2024 was HKD 3,442,000, a significant decrease from HKD 294,430,000 in 2023 [46]. Revenue and Dividends - The group proposed a final dividend of HKD 0.24 per share, maintaining the total annual dividend at HKD 0.42 per share, consistent with 2023 [5]. - Total revenue for 2024 reached HKD 976,551,000, an increase of 11.6% compared to HKD 875,164,000 in 2023 [28]. - Revenue from driving school courses amounted to HKD 781,269,000, up from HKD 670,465,000, reflecting a growth of 16.6% [28]. - The company declared an interim dividend of HKD 0.18 per share for both 2024 and 2023, totaling HKD 67,084,000 [56]. - The proposed final dividend for 2024 is HKD 0.24 per share, consistent with 2023, amounting to HKD 89,445,000 [56]. - The total dividends payable for the year amount to HKD 156,529,000, unchanged from the previous year [56]. Assets and Liabilities - Non-current assets decreased to HKD 4,484.2 million from HKD 4,670.1 million in 2023, primarily due to a reduction in property, plant, and equipment [15]. - Current assets increased to HKD 4,113.2 million from HKD 3,845.7 million in 2023, with cash and bank deposits remaining stable at HKD 2,767.4 million [15]. - The group's total liabilities decreased to HKD 713.0 million from HKD 828.9 million in 2023, indicating improved financial stability [15]. - The net asset value increased to HKD 7,684,303,000 in 2024 from HKD 7,413,033,000 in 2023, representing a growth of 3.7% [17]. - The company's total assets less current liabilities rose to HKD 7,883,381,000 in 2024, compared to HKD 7,686,853,000 in 2023, marking an increase of 2.6% [17]. - The company's equity attributable to shareholders increased to HKD 7,494,805,000 in 2024 from HKD 7,215,185,000 in 2023, a growth of 3.9% [17]. Segment Performance - Reported segment revenue for 2024 was HKD 976,128,000, an increase of 11.8% from HKD 873,978,000 in 2023 [36]. - Pre-tax profit from reportable segments reached HKD 683,737,000 in 2024, up 50.9% from HKD 453,459,000 in 2023 [36]. - Total reportable segment assets increased to HKD 8,556,527,000 in 2024, compared to HKD 8,477,781,000 in 2023, reflecting a growth of 0.9% [36]. - Reportable segment liabilities decreased to HKD 839,874,000 in 2024 from HKD 1,009,515,000 in 2023, a reduction of 16.8% [36]. - The financial management segment recorded a net profit of HKD 349.0 million, significantly improved from the previous year, driven by fair value gains of HKD 245.8 million from financial assets [69]. Investment and Financial Management - The company aims to diversify its investment portfolio, focusing on non-listed funds, equity securities, and debt securities to enhance shareholder returns [64]. - The total amount of new financial assets added during the year was HKD 638.1 million, including investments in 34 non-listed funds totaling HKD 375.2 million and 14 listed equity securities totaling HKD 262.9 million [76]. - The total amount of financial assets sold and distributed during the year was HKD 793.0 million, including divestments from 24 non-listed funds totaling HKD 554.3 million and 10 listed equity securities totaling HKD 238.7 million [77]. - The fair value of the Diversified Absolute Return Fund (DARF) held by the group was HKD 653.1 million as of December 31, 2024, representing a fair value loss of HKD 20.5 million for the year [78]. - The group held a total of 49 non-listed funds with a total fair value of HKD 3,090.6 million, accounting for 36.0% of the group's total assets [79]. Market Outlook and Challenges - The driving training market is expected to shrink in 2025 due to a decrease in new students, influenced by a challenging business environment [61]. - The revenue from electronic road toll services is expected to decline further, but contributions from smart city projects are anticipated to increase in 2025 [62]. Corporate Governance - The company has complied with the Corporate Governance Code as per the Main Board Listing Rules, except for the absence of formal appointment letters for directors, which deviates from the code's C.3.3 provision [86]. - All directors have confirmed adherence to the Standard Code of Conduct for Securities Transactions throughout the year, as stipulated in the Corporate Governance Code [87]. - There were no purchases, sales, or redemptions of the company's shares by the company or any of its subsidiaries during the year [88].

吳國富 梁宇銘 黃龍德，BBS ，JP 目錄 公司資料 1 綜合損益表 2 綜合損益及其他全面收益表 3 綜合財務狀況表 4 綜合權益變動表 6 簡明綜合現金流量表 8 未經審核中期財務報告附註 9 致董事會之審閱報告 27 管理層討論及分析 28 權益披露 34 其他資料 36 公司資料 （截至2024 年 8 月22日） 董事會 執行董事 張松橋 （主席） 楊顯中，SBS ，OBE ，JP （董事總經理） 袁永誠 黃志強 梁偉輝 董慧蘭 獨立非執行董事 審核委員會 梁宇銘 （主席） 吳國富 黃龍德 薪酬委員會 梁宇銘 （主席） 張松橋 吳國富 提名委員會 張松橋 （主席） 吳國富 梁宇銘 授權代表 楊顯中 梁偉輝 （楊顯中之替任者） 袁永誠 黃志強 （袁永誠之替任者） 公司秘書 文潔玲 法律顧問 股份過戶登記處 卓佳登捷時有限公司 香港 夏愨道16 號 遠東金融中心17 樓 電話：(852) 2980 1333 傳真：(852) 2810 8185 主要往來銀行 胡關李羅律師行 註冊辦事處 香港 灣仔 港灣道26 號 華潤大廈25 樓 電話：(852) 2161 1888 傳真：(852) 2802 20 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性或完整性亦不發 表任何聲明，並明確表示，概不對因本公告全部或任何部份內容而產生或因倚賴該等內容而引致的任何損失承 擔任何責任。 THE CROSS-HARBOUR (HOLDINGS) LIMITED 港通控股有限公司 （於香港註冊成立之有限公司） （股份代號：32） 2024年度中期業績公告 港通控股有限公司（「本公司」）董事會（「董事會」）欣然宣佈本公司及其附屬公司（「本集團」）截 至2024年6月30日止六個月之未經審核綜合業績。本中期業績已由本公司審核委員會及畢馬威會計師事務 所審閱。 集團業績 本集團於2024年上半年未經審核之股東應佔溢利為港幣235.2百萬元，較2023年上半年錄得之溢利港幣422.7百萬 元減少44.4%。每股盈利為港幣0.63元（2023年6月30日：港幣1.13元）。 股息 本公司已於2024年7月12日派發第一季度中期股息每股港幣0.06元，派息總額約為港幣22.4百萬元。董事會今天 宣佈將於2024年9月16日派發第二季度中期股息每股港幣0.06元予於2024年9月10日營業時間結束時名列 ...

| --- | --- | --- | --- | --- | |-------|----------------------------------------|-------|-------|-------| | | | | | | | | | | | | | | 港 通 控 股 有 限 公 司 (股份代號: 32) | | | | | | | | | | | | 年 報 23 | | | | | | Da | | | | FSC 目錄 公司資料 1 主席報告書 2 | --- | --- | --- | --- | --- | --- | |--------------------------|-------|-------|-------|-------|-------| | | | | | | | | 營業回顧 6 | | | | | | | 管理層討論及分析 | | | 10 | | | | 董事及高級管理人員 | | | 16 | | | | 企業管治報告 18 | | | | | | | 環境、社會及管治報告 | | | 36 | | | | 董事會報告書 60 | | | | | | | 獨 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性或完整性亦 不發表任何聲明，並明確表示，概不對因本公告全部或任何部份內容而產生或因倚賴該等內容而引致的任 何損失承擔任何責任。 1 THE CROSS-HARBOUR (HOLDINGS) LIMITED 港通控股有限公司 （於香港註冊成立之有限公司） （股份代號：32） 2023年度業績公告 港通控股有限公司（「本公司」）董事會欣然宣佈本公司及其附屬公司（「本集團」）截至 2023 年 12 月 31 日止年度之綜合業績。本公司審核委員會已經審閱本年度業績。 集團業績 本集團截至 2023 年 12 月 31 日止年度錄得之股東應佔溢利為港幣 520.0 百萬元（2022 年：虧損港 幣 445.3 百萬元）。本年度扭虧為盈主要是由於財務管理業務溢利淨額為港幣 162.4 百萬元（2022 年：虧損港幣 861.0 百萬元）。經營駕駛學校之溢利貢獻亦有所增加，但被經營隧道及經營電子道 路收費設施之溢利貢獻減少抵銷。每股盈利為港幣 1.40 元（2022 年：每股虧損港幣 1.19 元）。 股息 本年度之第一季、第二季及第三季每 ...

| --- | --- | --- | --- | --- | |-------|----------------------------------------|-------|-------|-------| | | | | | | | | | | | | | | 港 通 控 股 有 限 公 司 (股份代號: 32) | | | | | | | | | | | | u # ื้ออื่ | | | | FSC 目錄 公司資料 1 綜合損益表 2 | --- | --- | --- | --- | --- | --- | --- | |--------------------------|-------|-------|-------|-------|-------|-------| | | | | | | | | | 綜合損益及其他全面收益表 | | | | | 3 | | | 綜合財務狀況表 4 | | | | | | | | 綜合權益變動表 6 | | | | | | | | 簡明綜合現金流量表 | | | | 8 | | | | 未經審核中期財務報告附註 | | | | 9 | | | | 致董事會 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性或完整性亦不發 表任何聲明，並明確表示，概不對因本公告全部或任何部份內容而產生或因倚賴該等內容而引致的任何損失承 擔任何責任。 1 THE CROSS-HARBOUR (HOLDINGS) LIMITED 港通控股有限公司 （於香港註冊成立之有限公司） （股份代號：32） 2023年度中期業績公告 港通控股有限公司（「本公司」）董事會（「董事會」）欣然宣佈本公司及其附屬公司（「本集團」）截 至2023年6月30日止六個月之未經審核綜合業績。本中期業績已由本公司審核委員會及畢馬威會計師事務 所審閱。 集團業績 本集團截至2023年6月30日止六個月錄得之股東應佔溢利為港幣422.7百萬元（2022年6月30日：虧損港幣192.2百 萬元）。溢利主要是由於財務管理業務溢利淨額為港幣117.0百萬元（2022年6月30日：虧損港幣375.6百萬 元）。每股盈利為港幣1.13元（2022年6月30日：每股虧損：港幣0.52元）。 股息 本公司已於2023年7月7日派付第一季度中期股息每股港幣0.06元，派息總額約為港幣22.4百萬元。董 ...

港 通 控 股 有 限 公 司 (股份代號: 32) 年 報 a 6 FSC 目錄 公司資料1 主席報告書2 營業回顧6 管理層討論及分析 10 董事及高級管理人員 16 企業管治報告 18 | --- | --- | |--------------------------|-------| | | | | | | | 環境、社會及管治報告 | 34 | | 董事會報告書 | 57 | | 獨立核數師報告書 | 65 | | 綜合損益表 | 69 | | 綜合損益及其他全面收益表 | 70 | | 綜合財務狀況表 | 71 | | 綜合權益變動表 | 73 | | 綜合現金流量表 | 75 | | 綜合財務報表附註 | 78 | | 五年摘要 | 135 | 公司資料 | --- | --- | |--------------------------------------|---------------------------------------------------| | | | | 董事會 | 公司秘書 | | 執行董事 | 梁淑敏 1 | | 張松橋 （主席） | 文潔玲 2 | | 楊顯中， ...

Financial Performance - The group recorded a loss attributable to shareholders of HKD 445.3 million for the year ended December 31, 2022, compared to a loss of HKD 49.2 million in 2021, primarily due to a net loss in financial management business of HKD 861.0 million[4]. - Total revenue for the year was HKD 702.2 million, a slight increase from HKD 699.7 million in 2021, with customer contract revenue at HKD 572.9 million, up from HKD 552.9 million[7]. - The basic and diluted loss per share for the year was HKD 1.19, compared to a loss of HKD 0.13 per share in 2021[4]. - Operating loss for the year was HKD 576.1 million, compared to an operating loss of HKD 448.5 million in 2021[7]. - The group reported a loss before tax of HKD 326,664,000 for 2022, compared to a profit of HKD 57,086,000 in 2021, indicating a significant decline in profitability[26]. - The group’s total comprehensive loss for the year was HKD 242.7 million, compared to a loss of HKD 1.6 billion in 2021[10]. Revenue and Income Sources - Financial management business revenue increased to HKD 57.6 million from HKD 29.9 million in the previous year[7]. - Revenue from driving school operations increased to HKD 556,888,000 in 2022 from HKD 537,787,000 in 2021, reflecting a growth of about 3.1%[24]. - The segment revenue from electronic road toll facilities rose to HKD 13,500,000 in 2022, compared to HKD 12,600,000 in 2021, marking an increase of approximately 7.1%[24]. - Dividend income from equity instruments increased significantly to HKD 53,822,000 in 2022 from HKD 27,503,000 in 2021, representing a growth of about 95.9%[24]. - Interest income from debt securities measured at fair value through profit or loss rose to HKD 9,814,000 in 2022, up from HKD 3,874,000 in 2021, an increase of approximately 153.5%[24]. Assets and Liabilities - Total assets less current liabilities decreased to HKD 7,057,551,000 in 2022 from HKD 7,567,350,000 in 2021, representing a decline of approximately 6.7%[12]. - The company's equity attributable to shareholders decreased to HKD 6,860,316,000 in 2022 from HKD 7,336,578,000 in 2021, reflecting a decline of approximately 6.5%[12]. - Cash and cash equivalents decreased to HKD 2,453,206,000 in 2022 from HKD 2,805,940,000 in 2021, a reduction of approximately 12.5%[11]. - The company reported trade receivables and other receivables of HKD 158,405,000 in 2022, significantly up from HKD 45,172,000 in 2021, an increase of approximately 250.5%[11]. - The company’s total assets amounted to HKD 7,043,600,000 in 2022, down from HKD 7,537,973,000 in 2021, a decrease of about 6.6%[12]. Impairments and Losses - The company's financial assets impairment loss was HKD 62.9 million, up from HKD 37.6 million in 2021[7]. - The group recognized a total impairment provision of HKD 85,000,000 for overdue interest-bearing instruments, reflecting a significant increase in financial risk[37]. - The fair value changes of financial assets through profit or loss included a loss of HKD 480,831,000 for non-listed fund investments in 2022, compared to a loss of HKD 20,892,000 in 2021[28]. - The company reported a net loss of HKD 615,080,000 from the sale of properties, plant, and equipment in 2022, compared to a loss of HKD 532,636,000 in 2021[28]. Dividends - The board proposed a final dividend of HKD 0.24 per share, maintaining the total annual dividend at HKD 0.42 per share, consistent with 2021, amounting to a total dividend payout of approximately HKD 156.5 million[5]. - The group declared an interim dividend of HKD 0.18 per share for 2022, consistent with 2021, totaling HKD 67,084,000[43]. Economic and Market Conditions - The overall economic environment in Hong Kong faced challenges, with GDP contracting by 4.2% in the fourth quarter of 2022, influenced by the COVID-19 pandemic and global economic conditions[46]. - The group anticipates a recovery in consumer spending and foreign investment in 2023, although global economic growth may continue to slow[46]. - The group faces potential risks from geopolitical tensions and inflation, which could adversely affect overall performance and financial condition[46]. Strategic Focus and Future Outlook - Management is focusing on expanding business opportunities in smart city services, including smart transportation and logistics[48]. - The company plans to continue its proactive marketing strategies and efforts in market segmentation to maintain its leading position in the market[47]. - The outlook for 2023 is cautious, with expectations of improved market conditions as inflation may have peaked and interest rate hikes could slow down[53].