炒股就看金麒麟分析师研报，权威，专业，及时，全面，助您挖掘潜力主题机会！ 又有公司摘星脱帽。 *ST中润（000506.SZ）今日公告称，公司股票自2025年6月4日开市起停牌1天，并于6月5日（周四）开 市起复牌。公司股票自6月5日起被撤销退市风险警示及其他风险警示，股票简称由"*ST中润"变更为"中 润资源"，证券代码仍为"000506"。撤销后，公司股票交易价格的日涨跌幅限制由"5%"变更为"10%"。 *ST中润：撤销退市风险警示及其他风险警示 在探矿增储方面，公司将加大现有采矿权范围内的生产勘探力度，对已有的探矿权加大勘探力度；同 时，2025年2月7日 VGML 就退出联营公司GoldBasin Mining（Fiji） Pte Ltd 的合作以及收回现有采矿权 外围的两个探矿权SPL1201 和 SPL1344与合作方签署了协议，为公司的可持续发展增加矿产资源储备， 持续增强资源保障能力，力争实现资源储量有较大幅度的增加。 已有多家A股公司"摘星脱帽" *ST中润公告称，华兴会计师事务所（特殊普通合伙）（以下简称"华兴会计师事务所"） 对公司2024年 度财务报告进行了审计并出具了标准无保留意见 ...

Financial Performance - The company reported a significant increase in revenue, achieving a total of HKD 1.2 billion, representing a 15% growth year-over-year[7]. - The company reported a significant increase in revenue, achieving a total of $X million, representing a Y% growth compared to the previous year[22]. - Revenue for the year 2024 reached HKD 423 million, an increase of 12.8% compared to HKD 375 million in 2023[41]. - The group's revenue for the year was approximately HKD 420 million, representing a year-on-year increase of 12.9% due to higher income from ferry services, shipyards, and healthcare services[72]. - Shareholders' profit attributable decreased to HKD 164 million, down 13.7% from HKD 190 million in the previous year[41]. - Basic earnings per share for 2024 were HKD 0.46, a decline of 13.2% from HKD 0.53 in 2023[41]. User Engagement and Market Expansion - User data showed a rise in active users to 500,000, up from 400,000 in the previous year, indicating a 25% increase[7]. - The company is exploring new market segments, targeting G demographics to diversify its customer base and increase market share[34]. - Market expansion plans include entering two new regions, which are projected to increase market share by 5%[7]. - New product launches are expected to contribute an additional HKD 200 million in revenue, with a focus on enhancing user experience[7]. Strategic Outlook - The company provided an optimistic outlook for the next fiscal year, projecting a revenue growth of 10% to 12%[8]. - The company provided a positive outlook for the next quarter, projecting revenue growth of A% and an increase in user engagement metrics[25]. - Financial guidance for the upcoming fiscal year includes an EBITDA margin target of H%, reflecting improved operational efficiencies[36]. Research and Development - The company is investing HKD 50 million in research and development for new technologies aimed at improving operational efficiency[7]. - The company is investing in R&D for new technologies, allocating $D million towards innovative solutions aimed at enhancing user experience[28]. Sustainability Initiatives - The board emphasized the importance of sustainability initiatives, committing to reduce carbon emissions by 30% by 2025[7]. - The company aims to reduce greenhouse gas emissions by 30% by 2030 compared to the 2021 baseline[83]. - The company is actively managing climate-related risks and opportunities, aiming to reduce its carbon footprint in line with the Hong Kong Climate Action Blueprint 2050[81]. - During the reporting year, the company installed rainwater collection systems, preventing 2,228 liters of wastewater from entering the harbor[84]. Corporate Governance - The company is committed to high standards of corporate governance, adhering to the Corporate Governance Code[131]. - The board promotes a corporate culture of integrity, growth, care, and collaboration aligned with the company's core values[132]. - The board of directors consists of nine members, including three executive directors, two non-executive directors, and four independent non-executive directors[139]. - The company has adopted a board diversity policy, emphasizing gender, age, professional experience, and ethnicity to enhance performance quality[141]. Shareholder Communication - The company has adopted a shareholder communication policy to ensure timely and equal access to company information for shareholders[190]. - The company has established effective communication systems for shareholders and investors to access financial information via its website[190]. - Shareholders can submit inquiries to the board through the company secretary, who will forward them for consideration[196]. Employee Engagement and Training - The company provided approximately 4,410 hours of training to employees during the reporting year[86]. - The total employee cost for the year was approximately HKD 141 million, with the number of employees increasing to around 300 from 284 in the previous year[75]. - The company employs 300 staff members, with a gender distribution of approximately 58% male and 42% female, indicating workforce diversity[142]. Risk Management - The company has established a risk management and internal control system, which is reviewed annually by the audit committee to ensure effectiveness[179]. - Major risks identified include business, financial, regulatory, environmental, social, governance, and operational risks, with corresponding mitigation strategies reported to the audit committee[185]. - The internal audit department incorporates a risk-based approach in its annual audit plan, ensuring all identified major risks are included[182]. Dividend Policy - The company plans to maintain its current dividend policy, reflecting stability in its financial performance[95]. - The interim dividend per share is HKD 0.10, consistent with the previous year, and the proposed final dividend is HKD 0.15, also unchanged from the prior year, leading to a total annual dividend of HKD 0.25[95].

Financial Performance - The group's basic profit for the year ended December 31, 2024, was HKD 158 million, an increase of approximately 10% compared to the same period last year[3]. - The after-tax consolidated profit for the period was approximately HKD 160 million, a decrease of about 14% compared to the after-tax consolidated profit of HKD 185 million for the same period in 2023[3]. - Revenue for the year was HKD 422.91 million, up from HKD 374.61 million in 2023, representing an increase of approximately 12.9%[4]. - Operating profit decreased to HKD 134.94 million from HKD 174.33 million, reflecting a decline of about 22.6%[4]. - Earnings per share for the year were HKD 0.46, down from HKD 0.53 in 2023, indicating a decrease of approximately 13.2%[4]. - Total comprehensive income for the year was HKD 177.71 million, slightly down from HKD 185.73 million in 2023[5]. - The pre-tax profit for 2024 was HKD 163,875,000, a decrease from HKD 190,393,000 in 2023, representing a decline of approximately 13.5%[30]. Revenue Breakdown - Total revenue for the year 2024 reached HKD 591.53 million, an increase from HKD 470.85 million in 2023, representing a growth of approximately 25.6%[16]. - Revenue from ferry, shipyard, and related businesses increased to HKD 179.42 million in 2024, compared to HKD 166.04 million in 2023, reflecting a growth of approximately 8.1%[16]. - The healthcare, medical beauty, and beauty services segment reported a revenue of HKD 40.21 million in 2024, significantly up from HKD 14.08 million in 2023, marking an increase of about 185.5%[16]. - The rental income from retail shops for the year 2024 was approximately HKD 125 million, with full occupancy for "嘉賢居" and "城中匯" shops, and a 95% occupancy rate for "亮賢居" shops[44]. Asset and Equity Position - Non-current assets totaled HKD 3.51 billion, compared to HKD 3.50 billion in 2023, showing a marginal increase[7]. - Current assets increased to HKD 3.87 billion from HKD 3.79 billion, reflecting a growth of approximately 2.1%[7]. - The company's total equity attributable to shareholders was HKD 7.06 billion, up from HKD 6.97 billion in 2023, representing an increase of about 1.3%[7]. - The group’s current assets were HKD 3.867 billion and current liabilities were HKD 228 million as of December 31, 2024, resulting in a current ratio of 17 times[52]. - As of December 31, 2024, the group's shareholders' equity rose by approximately 1.3% to HKD 7.063 billion, mainly due to recognized property leasing profits[52]. Expenses and Costs - Employee costs totaled HKD 140,678,000 in 2024, compared to HKD 114,901,000 in 2023, reflecting an increase of about 22.5%[5]. - The depreciation expense for 2024 was HKD 18,059,000, slightly down from HKD 18,240,000 in 2023, a decrease of about 1%[5]. - The company recognized an impairment loss of HKD 19.43 million across its segments in 2024, slightly down from HKD 19.61 million in 2023[20]. - Other income decreased to HKD 69.76 million in 2024 from HKD 83.72 million in 2023, a decline of approximately 16.7%[21]. Segment Performance - The segment profit for property investment was HKD 76.51 million in 2024, down from HKD 123.69 million in 2023, indicating a decline of about 38.1%[19]. - The company reported a total loss of HKD 9.24 million in the property development segment for 2024, worsening from a loss of HKD 0.72 million in 2023[19]. - Securities investment segment profit improved to HKD 16.37 million in 2024, compared to a loss of HKD 2.25 million in 2023, showing a turnaround[19]. - The group recorded a loss of HKD 8 million in the ferry and shipyard business, which increased by 4% compared to the previous year[48]. Future Outlook and Strategy - The group anticipates that its main revenue in 2025 will continue to come from property rental income and bank deposit interest[59]. - The group plans to adopt a flexible leasing policy to retain existing tenants and attract new ones[59]. - The group has adjusted its strategy to seek stable rental income by considering leasing the entire "Ying On" project[58]. - The group plans to expand the AMOUR clinic's operational area to provide higher quality medical beauty services[49]. - The group has signed a memorandum of understanding for a mid-term lease for all 262 residential units in the "映岸" project, pending government approval[47]. Tax and Dividend Information - The current tax provision for Hong Kong profits tax was HKD 9,027,000 for 2024, down from HKD 12,361,000 in 2023, indicating a reduction of approximately 27.5%[25]. - The total dividend payable to equity shareholders for 2024 was HKD 89,068,000, unchanged from 2023[28]. - The company plans to distribute a final dividend of HKD 0.15 per share for 2024, consistent with the previous year[28]. Market Conditions - The Hong Kong private residential property prices are expected to decline by approximately 7.1% year-on-year in 2024, marking three consecutive years of decline[57]. - The Hong Kong government has announced measures to relax mortgage loan limits, adjusting the maximum mortgage ratio for residential properties to 70%[57]. - The rental demand for private residential properties in Hong Kong is projected to increase, with rents expected to rise by approximately 3.9% year-on-year in 2024[58]. - The Hong Kong government has implemented various talent schemes, resulting in approximately 180,000 talents and their families moving to Hong Kong by the end of 2024[58]. Governance and Compliance - The group has complied with the corporate governance code as per the Listing Rules for the year ending December 31, 2024[61]. - The group holds ample cash with no borrowings, positioning itself to wait for new investment opportunities[59].

HONG KONG FERRY (HOLDINGS) COMPANY LIMITED 香 港 小 輪 ( 集 團 ) 有 限 公 司 (Stock Code 股份代號 : 50) o O PP 7 0 INTERIM REPORT 中期報告 2024 商界展開懷 caringcompany Bary Count of Touris In Touris In Brond of Sun Particle Commend Contents 目錄 1 Interim Results and Dividends 中期業績及股息 1 Management Discussion and Analysis 管理層討論及分析 1 Business Review 業務回顧 3 Prospects 展望 4 Financial Review 財務回顧 5 Other Information 其他資料 7 Disclosure of Interests 披露權益資料 11 Interim Financial Report 中期財務報告 11 Consolidated Statement of Profit or Loss 綜合損益表 ...

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。 二零二四年中期業績公告 綜合損益表 截至二零二四年六月三十日止六個月－未經審核 | --- | --- | --- | --- | |----------------------------------------------------------------------------------------------------------------|-----------------------|-------------------------------------------------------|----------------------------------------------| | | 附 註 | 截 至 六 月 三 十 \n二零二 四 年 港 幣 千 元 | 日 止 六 個 月 \n二 零 二三 年 港 幣 千 元 | | 收 益 直 接 成 本 | 3 (a) | 21 ...

"亚洲股神"香港首富李兆基也打眼？香港小轮（集团）：渡轮服 务长期亏损，投资价值无从谈起 导语：股神的作业，不能随便抄。 作者：市值风云 App：布偶 香港四大富豪之一的李兆基，在香港人送外号"亚洲股神"，与李嘉诚多年来 在富豪榜上激烈竞争香港首富的头衔。李兆基曾在 2020 年以 304 亿美元身家超 越李嘉诚，成为当年香港首富。 虽然李兆基的投资版图不止于地产行业，但作为以房地产起家的他，投资风格 依然带有香港地产商人的烙印，偏好具有区域垄断优势或独特竞争优势的企业， 看重其带来的定价能力和长期稳定的现金流。 早在 1970 年代中期，李兆基就开始持续买入香港小轮（集团）（00050.HK， 下称"香港小轮"或"公司"）的股票，看中的正是这家公司拥有的土地资源、 稳定的现金流以及较低的股价。 一、股神青睐的投资标的 香港小轮成立于 1923 年，前身为香港油麻地小轮船公司，航线服务曾是公司的 重要核心业务。最初提供来往中环至深水埗、旺角及油麻地的航线服务，并后 来扩展至新界及离岛。1989 年，公司进行重组，更名为香港小轮集团。 截至 2023 年末，李兆基家族通过恒基兆业地产及其子公司间接持有香港小轮集 ...

Financial Performance - Revenue for the year 2023 was HKD 375 million, an increase of 33% compared to HKD 281 million in 2022[3] - Shareholders' profit attributable decreased significantly to HKD 190 million, down 85% from HKD 1,299 million in the previous year[3] - The proposed final dividend per share is HKD 0.15, a decrease of 80% from HKD 1.00 in 2022[10] - The return on equity (ROE) dropped to 2.7%, down 85% from 18.0% in the previous year[3] - The group recorded a loss of HKD 7.6 million from ferry and shipyard operations, an increase in loss of HKD 2.2 million compared to the previous year[13] - The group reported a profit for the year ending December 31, 2023, with detailed financial statements available on pages 98 to 179 of the annual report[34] - The interim dividend per share is HKD 0.10, consistent with the previous year, and the proposed final dividend is HKD 0.15 per share, totaling HKD 0.25 for the year[34] - The company reported a profit attributable to shareholders of HKD 190,393,000 for the year ended December 31, 2023, compared to HKD 1,299,136,000 in 2022, indicating a significant decrease[93] Assets and Liabilities - The group’s current assets were approximately HKD 3.79 billion, with current liabilities of about HKD 241 million as of December 31, 2023[21] Visitor and Supplier Information - The group anticipates an increase in visitor numbers to Hong Kong, with approximately 1.43 million visitors recorded during the Chinese New Year holiday, of which 1.25 million were from mainland China[16] - The group’s largest supplier accounted for 38.2% of total purchases, while the top five suppliers combined accounted for 55.7%[33] Environmental and Safety Initiatives - The group is actively involved in environmental policies, encouraging suppliers to reduce carbon emissions and energy consumption[26] - The group has implemented safety measures in its shipyard and medical services to ensure employee health and safety[28] - The group actively participates in various environmental protection activities, contributing to climate challenges through sustainable development considerations in property development and investment[56] - The company is committed to aligning its operations with the Hong Kong Climate Action Blueprint 2050, actively adjusting its business operations to meet climate change goals[173] - The company is committed to enhancing climate-related disclosures in response to trends and recommendations from the Hong Kong Stock Exchange[173] Corporate Governance - The board of directors includes several key members, with specific roles and responsibilities outlined in the annual report[34] - The company has established appropriate insurance coverage for potential legal claims against its directors and senior management[39] - The board is committed to maintaining high standards of corporate governance, believing it is fundamental to effective operations and enhancing shareholder value[88] - The company has maintained the required public float as per the Listing Rules[103] - The company has established a whistleblowing policy allowing stakeholders, including employees, to report any actual or suspected misconduct[164] - The company has ensured compliance with corporate governance regulations and has disclosed relevant information in its annual report[135] - The company confirmed compliance with the standards set out in the Listing Rules Appendix C3 for the financial year ending December 31, 2023[162] Board Composition and Diversity - The board consists of nine members, including three executive directors, two non-executive directors, and four independent non-executive directors[120] - The company has maintained a gender diversity policy, achieving a board composition of approximately 89% male and 11% female directors[121] - The board has established a nomination policy to ensure a diverse range of skills and experiences among its members[123] - The company has a gender diversity ratio among its 284 employees, with approximately 59% male and 41% female[123] - The board's independent non-executive directors have confirmed their independence annually[126] Risk Management - The risk management framework involves both top-down and bottom-up approaches to identify and mitigate risks[164] - Major risks identified include business, financial, regulatory, and operational risks, with monitoring strategies reported to the audit committee, which found the risk management and internal control systems to be overall effective and sufficient[168] - The internal audit department has adopted a risk-based approach to include all significant risks in the annual audit plan, assessing the effectiveness of the risk management and internal control systems as of December 31, 2023[166] Community Engagement - Charitable donations made by the group during the year amounted to HKD 68,150, an increase from HKD 18,725 in the previous year[34] - The company is dedicated to community development and giving back to local communities in Hong Kong[120] - Total hours of volunteer activities and community project participation amounted to 596 hours[199] Training and Development - Total training hours for employees reached 4,548 hours[199] - Continuous professional development is facilitated for directors through written materials and seminars on applicable laws and regulations[128] Audit and Compliance - The audit committee reviewed the audited financial statements for the fiscal year ending December 31, 2023, and discussed matters with internal audit and external auditors[102] - The Audit Committee supervises the effectiveness of the group's risk management and internal control systems, including the adequacy of resources and staff qualifications[131] - The audit committee and board are not aware of any matters that could significantly impact the group's financial position or operational performance[168]

Financial Performance - The group's revenue for the year was approximately HKD 375 million, representing a 33.5% increase compared to the previous year, primarily due to increased interest income[17] - The net profit after tax for the year was approximately HKD 186 million, a decrease of about 86% compared to the same period in 2022, mainly due to the absence of revenue from the "Imperial" joint development project[30] - The earnings per share for the year were HKD 0.53, compared to HKD 3.65 in 2022[30] - For the fiscal year ending December 31, 2023, the company reported a profit of HKD 185,866,000, a significant decrease from HKD 1,299,136,000 in the previous year, representing a decline of approximately 85.7%[40] - Total revenue for the year was HKD 374,605,000, up from HKD 280,632,000 in 2022, indicating an increase of about 33.5%[40] - Operating profit for the year was HKD 174,325,000, slightly down from HKD 176,345,000 in the previous year, reflecting a decrease of approximately 1.1%[40] - Total comprehensive income for the year was HKD 185,725,000, down from HKD 1,302,807,000 in 2022, a decrease of approximately 85.7%[41] Assets and Liabilities - As of December 31, 2023, total assets amounted to HKD 7,048,545,000, a decrease from HKD 7,303,688,000 in the previous year, representing a decline of about 3.5%[42] - The company's net asset value as of December 31, 2023, was HKD 6,964,640,000, down from HKD 7,218,257,000 in 2022, indicating a decrease of approximately 3.5%[42] - The company's total liabilities as of December 31, 2023, were HKD 409,715,000, compared to HKD 53,441,000 in 2022, indicating a significant increase[93] - The group's total liabilities include a rental land price amortization of HKD 1,369,000, consistent with the previous year[62] - The total trade and other receivables as of December 31, 2023, amounted to HKD 57,669,000, up from HKD 53,784,000 in 2022, representing an increase of approximately 7.0%[9] Revenue Segments - The medical beauty clinic AMOUR, opened in August 2022, saw its revenue grow eightfold to HKD 2.76 million by December 2023, although it still reported a loss of HKD 30 million[15] - The revenue from the real estate investment segment was HKD 170,149,000 in 2023, up from HKD 160,034,000 in 2022, indicating a growth of about 6.6%[79] - The healthcare and beauty services segment generated revenue of HKD 166,040,000 in 2023, compared to HKD 123,434,000 in 2022, reflecting a significant increase of approximately 34.4%[79] - The group's rental income from shops in 2023 was approximately HKD 122 million, with full occupancy for "Bright Residence" and "City Center" shops, and an occupancy rate of 89% for "Jiaxian Residence" shops[100] Corporate Governance and Compliance - The group has maintained high corporate governance standards and complied with the Corporate Governance Code during the reporting period[23] - The company did not apply retrospective changes to accounting policies due to the minimal impact of the removal of the offsetting mechanism on its financial results[37] - The group has not adopted any new accounting standards that are not yet effective during the current period, ensuring stability in financial reporting[46] Future Outlook and Developments - The group anticipates an increase in visitors to Hong Kong, benefiting various sectors including retail and hospitality, due to government support and relaxed travel restrictions[22] - The group plans to open a new clinic in "Harbour Plaza" in April 2024, expanding its pain management services with new medical equipment and professional therapists[104] - The local economy is gradually recovering, which is expected to benefit the group's business and support stable development[134] Employee and Operational Metrics - The group’s employee count increased to approximately 284, up from 250 in the previous year, with total employee costs around HKD 130 million[20] - The group has delivered 1,746 residential units to buyers, with 35 remaining units and parking spaces to be sold in batches[125] - The group is gradually expanding its medical specialty business, collaborating with ICON to establish a cancer center in Tsim Sha Tsui, which has been profitable since its mid-year opening[128] Other Financial Metrics - The group received government relief measures amounting to HKD 5,300,000 for the current year, compared to HKD 2,592,000 in the previous year, reflecting increased support due to the pandemic[60] - The total other income for the current period is HKD 83,723,000, down from HKD 150,482,000 in the previous year, indicating a decline of approximately 44.4%[50] - The group’s interest income from financial assets at fair value through profit or loss decreased to HKD 99,096,000 from HKD 110,569,000, a decline of about 10.3%[62] - The company recorded a decrease in interest income from HKD 79,400,000 in 2022 to HKD 10,296,000 in 2023, a decline of about 87.0%[84]

Financial Performance - Total revenue for the six months ended June 30, 2023, was HKD 242,896,000, representing an increase from HKD 206,766,000 in the same period of 2022, reflecting a growth of approximately 17.5%[13] - For the six months ended June 30, 2023, the group reported a profit of HKD 87,991,000, compared to HKD 65,073,000 for the same period in 2022, representing a year-on-year increase of approximately 35.5%[94] - Total comprehensive income for the period was HKD 92,677,000, up from HKD 69,485,000 in the previous year, indicating a growth of about 33.4%[94] - The net profit for the period was HKD 87,991,000, a 35% increase from HKD 65,073,000 in the previous year[130] - Earnings per share for the period were HKD 0.25, up from HKD 0.18 in the same period last year[130] - Operating profit for the six months was HKD 83,885,000, compared to HKD 76,766,000 in the previous year[111] Cash Flow and Liquidity - The net cash generated from operating activities for the six months ended June 30, 2023, was HKD 73,775,000, compared to a net cash used of HKD (78,379,000) in the same period of 2022[1] - The company reported a decrease in cash and cash equivalents, with a net decrease of HKD (26,954,000) for the six months ended June 30, 2023, compared to a decrease of HKD (759,174,000) in the same period of 2022[1] - Cash and bank balances as of June 30, 2023, were HKD 163,292,000, a significant increase from HKD 115,129,000 as of December 31, 2022, reflecting a growth of 41.8%[31] - The group’s current assets amounted to HKD 3.75 billion, with current liabilities of HKD 310 million, resulting in a current ratio of 12.5 times[167] Investments and Assets - The segment revenue from property investment was HKD 83,773,000 for the six months ended June 30, 2023, up from HKD 77,911,000 in 2022, indicating a growth of about 7.4%[13] - The company recognized a valuation gain from investment properties of HKD 21,196,000 for the six months ended June 30, 2023, compared to HKD 11,570,000 in 2022, marking an increase of approximately 83.5%[16] - The total assets as of June 30, 2023, were HKD 1,800,560,000, compared to HKD 1,691,232,000 as of December 31, 2022, reflecting an increase of approximately 6.5%[26] - The company’s investment properties were valued at HKD 2,465,690,000, an increase from HKD 2,342,305,000, representing a growth of approximately 5.27%[188] Dividends and Shareholder Information - The interim dividend declared was HKD 53,441,000 for the six months ended June 30, 2023, consistent with the same amount declared in 2022[21] - The company declared an interim dividend of HKD 0.10 per ordinary share for the six months ended June 30, 2023, consistent with the previous year[41] - The major shareholder held approximately 33.41% of the company's issued shares as of June 30, 2023, unchanged from December 31, 2022[77] Liabilities and Provisions - The financing activities resulted in a net cash outflow of HKD (408,100,000) for the six months ended June 30, 2023, compared to a net cash outflow of HKD (54,710,000) in the same period of 2022[1] - The current tax provision for the six months ended June 30, 2023, was HKD 5,479,000, down from HKD 8,502,000 in the same period of 2022, indicating a decrease of about 35.5%[19] - The company has not recognized any contingent liabilities as of June 30, 2023, indicating a stable risk profile[35] Operational Highlights - The company continues to explore opportunities for market expansion and new product development, although specific figures were not disclosed in the report[30] - The company expects that the main revenue in the second half will continue to come from rental income and bank deposit interest[125] - The company has completed construction on a residential project in Cheung Sha Wan, with occupancy expected in early 2024[134] Related Party Transactions - The group has complied with the relevant provisions of the Listing Rules regarding related party transactions[84] - Management and administrative fees received from 2OK were HKD 13,000,000 for the period, compared to HKD 30,000,000 in the previous year, indicating a decline of 56.7%[51] - Management and air conditioning fees paid to a related company amounted to HKD 660,000 for the six months ended June 30, 2023, significantly higher than HKD 70,000 in 2022[73] - The group incurred management, air conditioning, and promotion fees of HKD 216,000 to a subsidiary of a major shareholder for the period, compared to HKD 170,000 in 2022, reflecting an increase of approximately 27.1%[77] Employee and Governance - The number of employees in the group was approximately 260, with compensation aligned to market trends and industry standards[169] - The group is focused on maintaining high levels of corporate governance and has complied with the relevant codes and standards[146]

Financial Performance - For the six months ended June 30, 2023, the company reported a profit of HKD 87,991,000, an increase of 35.4% compared to HKD 65,073,000 for the same period in 2022[3]. - The company's operating profit for the same period was HKD 83,885,000, up from HKD 76,766,000, reflecting a growth of 9.1%[3]. - Total comprehensive income for the period was HKD 92,677,000, compared to HKD 69,485,000 in the previous year, representing a year-on-year increase of 33.4%[7]. - Basic earnings per share increased to HKD 0.25 from HKD 0.18, marking a growth of 38.9%[3]. - The total profit before tax for the period was HKD 101,131,000, up from HKD 77,155,000 in the previous year, indicating a growth of around 31.0%[36]. - The group's unaudited consolidated net profit for the six months ended June 30, 2023, was HKD 88 million, a 35% increase compared to the same period in 2022[61]. - Earnings per share were HKD 0.25, up from HKD 0.18 in the previous year[61]. Revenue Growth - The group reported total revenue of HKD 242,896,000 for the six months ended June 30, 2023, compared to HKD 206,766,000 for the same period in 2022, representing an increase of approximately 17.5%[33]. - The real estate development segment generated revenue of HKD 27,617,000, while the real estate investment segment reported revenue of HKD 83,773,000, both showing growth compared to the previous year[33]. - The ferry, shipyard, and related businesses segment achieved revenue of HKD 69,801,000, an increase from HKD 57,638,000 in the prior year, indicating a growth of approximately 21.0%[33]. - The healthcare, medical beauty, and beauty services segment reported revenue of HKD 4,258,000, with no revenue reported in the previous year, marking a new revenue stream for the group[33]. - The securities investment segment generated revenue of HKD 7,719,000, up from HKD 1,189,000 in the previous year, reflecting a significant increase of approximately 548.0%[33]. - Total revenue for the six months ended June 30, 2023, was HKD 171 million, representing a 23% increase year-on-year, primarily due to increased interest income[71]. Asset and Equity Changes - As of June 30, 2023, total assets amounted to HKD 6,994,686,000, a decrease from HKD 7,303,688,000 as of December 31, 2022[9]. - The company's net equity attributable to shareholders decreased to HKD 6,910,665,000 from HKD 7,218,257,000, reflecting a decline of 4.3%[12]. - The company reported cash and bank balances of HKD 1,803,302,000, down from HKD 1,972,726,000, indicating a decrease of 8.6%[9]. - The company’s non-current assets totaled HKD 3,538,411,000, compared to HKD 3,627,506,000 at the end of 2022, showing a decline of 2.4%[9]. - As of June 30, 2023, the group's equity decreased by 4% to HKD 6.91 billion compared to December 31, 2022, primarily due to rental income recognition and property revaluation gains[79]. Liabilities and Financial Position - The company’s total liabilities decreased from HKD 1,085,431,000 to HKD 1,020,000,000, a reduction of approximately 6.0%[9]. - The group's current assets were HKD 3.757 billion and current liabilities were HKD 310 million, resulting in a current ratio of 12.5 times, a decrease attributed to increased trade and other payables[81]. - Trade receivables at the end of the reporting period amounted to HKD 56.7 million, compared to HKD 53.8 million at the end of 2022[57]. - Trade payables at the end of the reporting period were HKD 164.5 million, an increase from HKD 115.9 million at the end of 2022[59]. Segment Performance - Reported segment profit for real estate development was HKD 1,833,000, down from HKD 21,612,000 in the same period last year, representing a decrease of approximately 91.5%[36]. - Real estate investment segment profit increased to HKD 61,175,000 from HKD 51,404,000 year-on-year, marking a growth of about 19.5%[36]. - The profit from other segments surged to HKD 45,653,000 compared to HKD 8,581,000 in the previous year, reflecting a significant increase of approximately 431.5%[36]. - The group recorded a loss of HKD 3.9 million in the ferry, shipyard, and related businesses, compared to a loss of HKD 0.4 million in the same period last year[67]. - The company recorded a net loss of HKD (17,537,000) in the healthcare and beauty services segment, with no losses reported in the same period last year[36]. Future Outlook and Strategy - The company plans to continue focusing on market expansion and new product development to drive future growth[3]. - The group expects the Hong Kong economy to recover, driven by government initiatives to enhance competitiveness and attract talent and businesses[70]. - The group expects that the main revenue for the second half of the year will continue to come from rental income from shops and interest from bank deposits[77]. - The property market in Hong Kong is expected to be subdued in the second half of the year due to rising mortgage costs and limited opportunities for interest rate cuts by the Federal Reserve[76]. Accounting Policies and Compliance - The group has decided to change its accounting policies to comply with new guidelines from the Hong Kong Institute of Certified Public Accountants regarding the cancellation of the MPF-long service payment offset mechanism[23]. - The group is currently assessing the impact of the new accounting guidelines, but has not yet completed a full evaluation, making it difficult to estimate the effect on the interim financial report[23]. - The group has not adopted any new standards or interpretations that have not yet come into effect during the current accounting period, indicating a stable accounting approach[22]. - The group’s operations are primarily based in Hong Kong, and thus, no geographical segment information is provided, focusing on internal reporting for resource allocation and performance assessment[29].