香港交易及結算所有限公司以及香港聯合交易所有限公司對本公佈之內容概不負責，對其準確性或完整性亦不 發表任何聲明，並明確表示概不就因本公佈全部或任何部分內容而產生或因倚賴該等內容而引致之任何損失承 擔任何責任。 COMPUTER AND TECHNOLOGIES HOLDINGS LIMITED （科聯系統集團有限公司） （於百慕達註冊成立之有限公司） （股份代號：00046） 截至二零二二年十二月三十一日止年度之 全年業績公佈 集團業績 科聯系統集團有限公司（「本公司」）董事會（「董事會」）謹此呈列本公司及其附屬公司（統稱「本集 團」）截至二零二二年十二月三十一日止年度之全年業績連同二零二一年同期之比較數字如下： 綜合損益表 截至二零二二年十二月三十一日止年度 二零二二年 二零二一年 附註 千港元 千港元 收入 5 268,719 265,504 銷售及服務成本 (123,719 ) (113,073 ) 毛利 145,000 152,431 ...

Financial Performance - The Group's total revenue increased by HK$3.3 million, or 2.6%, to HK$128.6 million for the first six months of 2022, compared to HK$125.3 million in 2021[8]. - Gross profit improved by HK$3.8 million, or 5.7%, to HK$70.3 million, up from HK$66.5 million in the same period last year[8]. - The Group's consolidated net profit attributable to shareholders slightly improved by HK$0.6 million, or 2.6%, to HK$21.8 million, compared to HK$21.3 million in 2021[8]. - Basic earnings per share rose to 8.86 HK cents, up from 8.64 HK cents in the previous year[8]. - Other income and gains increased by HK$3.4 million, or 141.9%, to HK$5.8 million, driven by subsidies from the HKSAR Government[8]. - Overall expenses rose by HK$1.9 million, or 3.9%, to HK$50.0 million, primarily due to increased depreciation of right-of-use assets[8]. - The Group declared an interim dividend of 6.5 HK cents per ordinary share, up from 6 HK cents in the previous year[8]. - The profit before tax increased to HK$24,982,000, compared to HK$21,793,000 in 2021, reflecting a rise of 10.0%[57]. - Profit for the period was HK$21,826,000, slightly higher than HK$21,263,000 in the previous year, marking an increase of 2.6%[59]. - The total tax charge for the period was HK$3,156,000, significantly higher than HK$530,000 in 2021, marking a substantial increase of 496.2%[155]. Business Segments - The Group's Application Software business experienced mild revenue growth despite challenges from the Pandemic and talent shortages[10]. - The Human Resources Management Software (HRMS) business in Hong Kong grew steadily, benefiting from a strong order backlog and increasing recurring income[12]. - The HRMS business in Mainland China faced significant impacts due to COVID-19 lockdowns, with considerable falls in both revenue and profit contributions[13]. - The revenue from the Group's Solutions and Integration Services business increased by HK$3.2 million, or 7.2%, to HK$48.4 million, while profit contributions improved by HK$3.0 million, or 43.6%, to HK$9.9 million[21]. - The Group's Integration Services business recorded significant growth in revenue and profit contributions, largely unaffected by the Pandemic during the reporting period[23]. - The Group's e-Service business faced declines in both revenue and profit contributions due to the Pandemic and a slowdown in trade activities, prompting management to explore new value-added service offerings[25]. - The Group's human resources management software business saw steady growth from existing customers and new contracts from various industries, despite challenges from COVID-19 restrictions[16]. - The performance of Development Services improved compared to the previous year, with new sales gradually resuming after initial disruptions caused by the Pandemic[22]. Financial Position - Non-current assets decreased by HK$6.4 million or 2.2% to HK$277.7 million, down from HK$284.1 million as of December 31, 2021[34]. - Current assets dropped by HK$9.9 million or 2.5% to HK$387.4 million, attributed to a decrease in cash and cash equivalents after the final dividend dispatch[34]. - The Group's total current and non-current liabilities decreased by HK$8.3 million, or 5.3%, to HK$149.3 million as of 30 June 2022[35]. - Total equity attributable to owners of the parent slightly dropped by HK$7.8 million, or 1.5%, to HK$514.3 million as of 30 June 2022[35]. - The Group's cash and cash equivalents were HK$285.6 million as of 30 June 2022, down from HK$298.4 million as of 31 December 2021[39]. - The Group had no bank borrowings as of 30 June 2022, maintaining a current ratio of 3.0 and a gearing ratio of 22.5%[41]. - The Group's liquidity position has been maintained through prudent financial management and ongoing credit assessments[41]. Employee and Operational Changes - The number of full-time employees decreased to 354 as of 30 June 2022, down from 367 as of 31 December 2021[43]. - The Group relocated its resource center in Shenzhen to a larger office to support workforce expansion and long-term business development amid the Pandemic[24]. - The Group's remuneration policies remain consistent with those disclosed in the previous annual report, offering discretionary bonuses and incentives[42]. Investments and Assets - The Group's investment segment reported a loss of HK$0.4 million in the first half of 2022, down from a profit of HK$2.5 million in the same period last year due to downward adjustments in the valuation of financial assets and investment properties[26]. - The Group completed the subscription of 10,000 new shares in CISC Limited, increasing its shareholding from 40% to 80% for a total consideration of HK$1,450,000[49]. - The Group's financial assets and investment properties recorded valuation losses of HK$1.6 million due to downtrend market sentiment caused by the Pandemic[34]. Revenue Recognition and Performance Obligations - Revenue expected to be recognized within one year is HK$51,355,000, a decrease of 20.3% from HK$64,440,000 in 2021[142]. - Revenue expected to be recognized after one year is HK$1,172,000, slightly up from HK$1,098,000 in 2021[142]. - The performance obligation for the sale of goods and provision of software is satisfied upon delivery, with payment generally due within 30 to 60 days[138]. - The company continues to focus on expanding its service offerings and enhancing customer satisfaction to meet performance obligations effectively[138]. Compliance and Reporting Standards - The unaudited interim condensed consolidated financial information was prepared in accordance with the applicable provisions of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited[93]. - The Group adopted revised Hong Kong Financial Reporting Standards (HKFRSs) for the first time, including amendments to HKFRS 3, HKFRS 16, HKAS 16, and HKAS 37, which did not significantly impact the financial position or performance of the Group[96]. - The Group applied the amendments to HKAS 16 retrospectively to items made available for use after January 1, 2021, with no sales occurring during this period, resulting in no impact on financial performance[99]. Trade Receivables and Credit Risk Management - Trade receivables as of June 30, 2022, amounted to HK$41,052,000, down from HK$48,778,000 as of December 31, 2021, indicating a decrease of approximately 15.7%[193]. - The impairment of trade receivables increased to HK$3,437,000 as of June 30, 2022, compared to HK$3,177,000 at the end of 2021[193]. - The credit risk exposure is assessed at each reporting date, utilizing a provision matrix to ensure accurate measurement of expected credit losses[200]. - The overall management of trade receivables does not involve holding any collateral or making other credit enhancements[194].

Company Overview - C&T has provided IT solutions and services to over 10,000 companies, including the Hong Kong SAR Government, enhancing public services and trade document processing[4] - The electronic tendering system supports procurements worth billions of dollars, showcasing C&T's capability in handling large-scale projects[4] - The customer care and billing system facilitates water supplies to more than 2 million households in Hong Kong, demonstrating the company's extensive reach[4] - C&T's flagship HRM software processes payroll for millions of employee accounts monthly, indicating its significant market presence[4] - C&T's software products and services are widely adopted across multiple industries, enhancing operational efficiency for clients[4] Financial Performance - The Group's overall revenue increased by HK$9.2 million, or 3.6%, to HK$265.5 million for the year ended December 31, 2021, compared to HK$256.3 million in 2020[19] - Revenue from the Group's Application Services business grew by 8.7%, while Solutions and Integration Services revenue decreased by 5.1% due to a global shortage of software developers[19] - The Group's gross profit margin improved slightly to 57.4% in 2021, up from 56.5% in 2020, with absolute gross profit increasing by HK$7.6 million, or 5.3%, to HK$152.4 million[19] - Consolidated net profit attributable to shareholders decreased by 10.4% to HK$53.8 million in 2021, down from HK$60.1 million in 2020[19] - Basic earnings per share dropped to 21.76 HK cents in 2021, compared to 24.31 HK cents in 2020[19] - The total non-operating income fell by HK$12.3 million, or 68.7%, to HK$5.6 million in 2021, primarily due to the absence of government subsidies[19] - The Group's full-year dividend aggregated 17 HK cents in 2021, consistent with the previous year[22] - The Group declared a final dividend of 11 HK cents per ordinary share for the year ended December 31, 2021, down from 12 HK cents in 2020[22] Business Development and Strategy - The company emphasizes recruiting high-caliber professionals skilled in web-based development, cloud services, and cybersecurity to maintain competitive advantages[6] - The Group's enterprise software business achieved stable growth, with the Enterprise Procurement Management Software (EPMS) business increasing profit contributions[25] - The Group's application software business recorded high single-digit revenue growth and double-digit profit contribution growth[27] - The Group's flagship EPMS product, ProSmart, secured contracts with major clients, enhancing recurring SaaS and maintenance revenues[29] - The management is focused on product research and development, exploring acquisition opportunities, and expanding business in the Greater Bay Area post-pandemic[44] Challenges and Risks - The new wave of the Pandemic may cause potential new customers to defer their investment decisions or reduce their investment budget[24] - The global shortage of software developers impacted the Group's ability to hire timely replacements, deferring some project delivery schedules[35] - The ongoing pandemic and competition for IT talents have significantly inflated staff costs, impacting profitability[43] Corporate Governance - The Company emphasizes high standards of corporate governance, focusing on integrity, transparency, and accountability[126] - The Board believes that good corporate governance is essential for the Company's success and shareholder value enhancement[126] - The Company has complied with the Corporate Governance Code provisions during the reporting year, with noted deviations[127] - The roles of chairman and CEO are separated, with Mr. Poon Ka Chi serving as Deputy CEO since August 2018[129] - The Board will continue to review the effectiveness of the corporate governance structure and consider necessary changes[130] Board Composition and Diversity - The Board of Directors consists of four executive directors and three independent non-executive directors, with independent directors constituting more than one-third of the Board[136] - The Company recognizes the benefits of diversity in achieving strategic objectives and sustainable development[150] - The Board Diversity Policy emphasizes the importance of diverse backgrounds in decision-making, considering factors such as gender, age, and professional experience[150] - The Nomination Committee aims to find individuals with high integrity and a solid record of accomplishment, considering diversity in gender, age, ethnicity, and professional experience[139] Audit and Remuneration Committees - The Audit Committee was established in accordance with Listing Rule 3.21 to review and supervise the financial reporting process, risk management, and internal controls of the Group[95] - The Remuneration Committee was established on September 22, 2004, and consists of three INEDs and two executive directors[186] - The Audit Committee monitored the integrity of the Company's financial statements and reviewed significant financial reporting judgments[184] - The Remuneration Committee determined the remuneration packages of individual executive directors and senior management[191]

Revenue and Profitability - The Group's overall revenue increased by HK$7.9 million, or 6.7%, to HK$125.3 million for the six months ended June 30, 2021, compared to HK$117.4 million in 2020[8]. - Consolidated net profit attributable to shareholders rose by 7.8% to HK$21.4 million, up from HK$19.9 million in 2020[8]. - Basic earnings per share increased to 8.64 HK cents, compared to 8.03 HK cents in 2020[8]. - Total comprehensive income for the period was HK$22,039,000, compared to HK$19,906,000 in 2020, showing a growth of 10.7%[56]. - Profit before tax increased to HK$21,793,000, up 7.5% from HK$19,352,000 in the previous year[50]. - Profit for the period attributable to owners of the parent was HK$21,390,000, compared to HK$19,850,000 in 2020, reflecting an increase of 7.8%[50]. Dividends - An interim dividend of 6 HK cents per ordinary share was declared, up from 5 HK cents in 2020[8]. - The Board declared an interim dividend of HK$0.06 per ordinary share for the six months ended June 30, 2021, up from HK$0.05 in 2020[40]. - The final dividend for the interim period is HK$0.12 per ordinary share, an increase from HK$0.08 in 2020, reflecting a growth of 50%[190]. - The company has approved and paid a total dividend of HK$29,744,000 during the interim period, compared to HK$19,789,000 in 2020, representing a growth of 50%[190]. Expenses and Costs - Gross profit improved by 1.1% to HK$66.5 million, with a gross profit margin dropping to 53.1% from 56.1% in the previous year[8]. - Overall expenses were maintained at the same level compared to the same period last year[8]. - The cost of sales and services rose by HK$7.1 million, or 13.8%, to HK$58.7 million (2020: HK$51.6 million), primarily due to changes in capitalizing development costs[28]. - Employee benefit expenses rose to HK$75,428,000, an increase of 10.0% compared to HK$68,280,000 in 2020[178]. - The cost of services provided increased to HK$40,120,000, representing a 20.0% rise from HK$33,140,000 in 2020[178]. Business Segments Performance - The Group's Application Software business recorded mild revenue growth, maintaining profit contributions despite economic pressures from the Pandemic[11]. - The Human Resources Management Software (HRMS) business secured new orders from various sectors, including leading biopharmaceutical companies and a Fintech company, while developing a Software as a Service (SaaS) revenue model[11]. - The Enterprise Information Management Software (EIMS) and Enterprise Procurement Management Software (EPMS) businesses achieved healthy revenue growth and double-digit profit increments, although the Enterprise Retail Management Software (ERMS) faced challenges due to a sluggish retail market[11]. - The Solutions and Integration Services business saw revenue increase by HK$1.4 million, or 3.2%, to HK$45.2 million, but profit contribution dropped by HK$3.7 million, or 34.6%, to HK$6.9 million due to changes in cost capitalization practices[13]. - The Group's GETS business benefited from the recovery of the global trading environment, recording revenue growth and improved performance through effective cost control[19]. Financial Position - Current assets decreased by 2.5% to HK$383.2 million, attributed to increased trade receivables and a decrease in cash and bank balances after the final dividend distribution[31]. - Current and non-current liabilities dropped by HK$6.9 million, or 4.6%, to HK$144.8 million, due to decreases in trade payables and bonus provisions[33]. - Total equity attributable to owners of the parent slightly dropped by HK$7.6 million, or 1.5%, to HK$505.6 million, mainly due to the purchase of shares under the restricted share award scheme[33]. - Non-current assets decreased by HK$4.9 million, or 1.8%, to HK$269.3 million, due to amortization and depreciation[31]. - The Group maintains strict controls over trade receivables, considering them all recoverable in the foreseeable future[31]. Future Outlook and Strategy - The Group's future prospects depend critically on the containment of the pandemic, with a focus on product R&D and business expansion in the Greater Bay Area post-pandemic[26]. - The Group will explore business acquisition opportunities as a key management direction in the foreseeable future[26]. - The Group aims to expand its market presence and enhance its product offerings in the upcoming quarters[100]. - Future outlook remains positive with a focus on innovation and strategic investments to drive growth[100]. Cash Flow and Financing - Net cash flows from operating activities decreased to HK$19,838,000 in 2021 from HK$27,930,000 in 2020, representing a decline of 29%[76]. - Net cash flows from investing activities were HK$30,424,000 in 2021, down from HK$96,933,000 in 2020, indicating a decrease of 68.6%[76]. - The company reported a net cash outflow from financing activities of HK$33,862,000, compared to HK$22,770,000 in 2020, indicating an increase in cash used[76]. - The Group had no bank borrowings as of June 30, 2021, maintaining a current ratio of 3.0 and a gearing ratio of 22.2%[36]. Accounting and Reporting - The Group's unaudited interim condensed consolidated financial information for the six months ended June 30, 2021, has been prepared in accordance with HKAS 34 "Interim Financial Reporting"[76]. - The accounting policies adopted are consistent with those applied in the preparation of the Group's annual consolidated financial statements for the year ended December 31, 2020[81]. - The financial information does not include all disclosures required in annual financial statements and should be read in conjunction with the Group's annual consolidated financial statements[76].

computer■■ computer■■■technologies | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |-------|-------|-------|-------|-------|-------|------------------------------|-------|-------|------------------------|----------|---------|-------|-------|-------|---------------|-----------------|-------| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Stock Code | | | | 股份代號 | : 00046 | | | | | | | | | | | | | | | | | ...

computer■■ computer■■■technologies Computer And Technologies Holdings Limited 聯 系 統 集 團 有 限 公 司 科 Stock Code 股份代號 : 00046 中期報告 INTERIM REPORT 20 CONTENTS 目錄 2 Corporate Information 公司資料 4 Chairman's Statement 主席報告 16 Condensed Consolidated Statement of Profit or Loss 簡明綜合損益表 17 Condensed Consolidated Statement of Comprehensive Income 簡明綜合全面收益表 18 Condensed Consolidated Statement of Financial Position 簡明綜合財務狀況表 20 Condensed Consolidated Statement of Changes in Equity 簡明綜合權益變動表 22 Condensed Consolidated State ...

computer ■ ■ ■ technologies Computer And Technologies Holdings Limited 科 聯 系 統 集 團 有 限 公 司 (Stock Code 設份代號: 00046) TO BUILD A BETTER WORLD WITH INFORMATION TECHNOLOGY 2019 ANNUAL REPORT 二零一九年 年報 | --- | --- | --- | --- | --- | --- | |------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...

computer ■ ■ ■ technologies Computer And Technologies Holdings Limited 科 聯 系 統 集 團 有 限 公 司 (Stock Code 股份代號: 00046) + 2019 INTERIM REPORT . 中期報告 2 Corporate Information 公司資料 4 Chairman's Statement 主席報告 16 Condensed Consolidated Statement of Profit or Loss 簡明綜合損益表 17 Condensed Consolidated Statement of Comprehensive Income 簡明綜合全面收益表 18 Condensed Consolidated Statement of Financial Position 簡明綜合財務狀況表 20 Condensed Consolidated Statement of Changes in Equity 簡明綜合權益變動表 22 Condensed Consolidated Statement of Cash ...

computer technologies 2018 ANNUAL REPORT 二零一八年年報 Computer And Technologies Holdings Limited 系 統 集 團 有 限 公 司 科 (Stock Code 股份代號: 00046) 347866 329845 0.78364 TO BUILD A BETTER WORLD WITH INFORMATION TECHNOLOGY | --- | --- | --- | --- | |-------|-------|----------------|----------------------------------------------------------------------------------| | | | 目錄 \n2 \n3 | CONTENTS \nCorporate Profile 公司簡介 \nCorporate Information 公司資料 | | | | 5 | Financial Highlights 財務概要 | | | | 6 19 | Chairman's Statement 主席報 ...