Financial Performance - The group's net profit after tax for the year ended December 31, 2022, was approximately HKD 1.299 billion, an increase of about 999% compared to the same period in 2021[1]. - Earnings per share for the year was HKD 3.65, compared to HKD 0.33 in 2021[1]. - The company's revenue for 2022 was HKD 281 million, representing a 15% increase from HKD 244 million in 2021[25]. - Shareholders' profit attributable to the company surged to HKD 1,299 million, a remarkable increase of 999% compared to HKD 118 million in the previous year[25]. - The total dividend declared for the year was HKD 445 million, marking a 400% increase from the previous year[25]. - Shareholders' equity rose to HKD 7,218 million, reflecting a 20% growth from HKD 6,005 million in 2021[25]. - Basic earnings per share increased to HKD 3.65, a 999% rise from HKD 0.33 in the prior year[25]. - The dividend payout ratio improved to 2.9 times, up 123% from 1.3 times in the previous year[25]. - Return on equity reached 18.0%, an increase of 800% from 2.0% in 2021[25]. Dividends and Shareholder Returns - The board proposed a final dividend of HKD 0.15 per share for the year ended December 31, 2022, consistent with the previous year, and a special dividend of HKD 1.00 per share, which was not paid in 2021[2]. - The group plans to distribute a final dividend of HKD 0.15 per share for the year ending December 31, 2022, consistent with the previous year[101]. Property and Revenue Generation - The rental income from commercial properties was approximately HKD 113 million for the year[38]. - The joint venture project "Imperial Court" successfully delivered 1,738 residential units, contributing to the company's revenue[28]. - The group has delivered 1,738 residential units from the "Empire" project, generating recognized revenue from property sales[39]. - The "Ying On" redevelopment project will provide approximately 100,698 square feet of residential floor area, with interior decoration currently in progress and expected completion in early 2024[39]. - The group anticipates that rental income from shops and malls will be a major source of revenue in 2023, following the revenue recognition from the "Empire" residential units[42]. - The group's revenue for the year was approximately HKD 281 million, representing a 15% increase compared to the previous year, primarily due to increased property sales, leasing, and interest income[72]. Losses and Challenges - The ferry and shipyard business recorded a loss of HKD 5.4 million, a decline from a profit of HKD 8.6 million in the previous year, primarily due to the lack of government subsidies for maintenance and repair costs[39]. - The group incurred a loss of HKD 16.9 million from securities investments due to fluctuations in the fair value of certain financial assets[39]. Corporate Governance and Risk Management - The company has established an audit committee consisting of four independent non-executive directors to oversee risk management and internal controls[61]. - The internal audit department has adopted a risk-based approach in its annual audit plan, assessing the effectiveness of the risk management and internal control systems as of December 31, 2022[67]. - The company is committed to continuous evaluation of its risk management processes and has shared key audit findings with the internal risk management team[67]. - The board of directors includes experienced members with extensive backgrounds in banking and real estate development, enhancing corporate governance[55]. - The company has a proactive strategy for identifying and managing risks related to achieving organizational goals[66]. - The company is focused on maintaining effective and sufficient risk management and internal control systems, as confirmed by the audit committee[67]. - The company has a clear governance structure with designated committees for nominations, remuneration, and audit, ensuring accountability[60]. Employee and Training Initiatives - The total employee cost for the year was approximately HKD 99 million, with around 250 employees, an increase from 200 employees in the previous year[75]. - The group provided approximately 4,344 training hours for employees during the year, with 20% of training focused on safety-related topics[89]. Environmental and Social Responsibility - The group aims to reduce greenhouse gas emissions by 30% by 2030 compared to the 2021 baseline, in response to climate change challenges[83]. - The group installed a third rainwater collection system during the year, which will be used for vehicle washing, floor cleaning, and irrigation[86]. - The group successfully avoided 1,924 liters of wastewater from being discharged into the harbor through its onshore sewage treatment system in the ferry business[86]. - The group has maintained a high level of business ethics, considering the needs of stakeholders to sustain positive long-term partnerships[87]. - The total charitable donations made by the group during the year amounted to HKD 18,725, an increase from HKD 14,340 in the previous year[103(A)]. Shareholding and Ownership Structure - As of December 31, 2022, the major shareholder, 恒基兆業地產有限公司, holds 119,017,090 shares, representing approximately 33.41% of the total issued shares[122]. - 李寧先生 holds 119,017,090 shares, which is 33.41% of the total issued shares, and is considered a major shareholder due to family trust arrangements[124]. - The company has a total of 119,017,090 shares held by multiple entities, indicating significant ownership concentration[123]. Board Composition and Diversity - The board consists of 8 male directors and 1 female director, achieving gender diversity with males representing approximately 89% and females 11%[1]. - The company has a total of 248 employees, with male employees making up 68% and female employees 32%[1]. - The board diversity policy was approved in August 2013 and revised in December 2018, focusing on gender, age, professional experience, and ethnicity[1]. - The nomination policy aims to identify and assess candidates for board positions, ensuring a diverse range of skills and experiences[1]. Compliance and Transparency - The company has established appropriate insurance coverage for potential legal claims against its directors and senior management[120]. - The board of directors' remuneration details are included in the financial statements, ensuring transparency in compensation[107]. - The company has not entered into any significant transactions or arrangements that would provide substantial benefits to its directors outside of disclosed related party transactions[107]. - The company maintains a register of interests in shares as required by the Securities and Futures Ordinance[108]. - The company has a clear governance structure with independent confirmations of director independence as per listing rules[107]. Audit and Financial Oversight - The Audit Committee is responsible for reviewing annual and interim results, overseeing financial reporting standards, and discussing financial reports with external auditors[196]. - The Audit Committee supervises the effectiveness of the group's risk management and internal control systems, including accounting and reporting functions[196]. - The Audit Committee held two meetings during the year, reviewing the annual performance and financial statements for the year ended December 31, 2021, and providing recommendations to the board[189].

Financial Performance - The company's net profit after tax for the year ended December 31, 2022, was approximately HKD 1.299 billion, an increase of about 999% compared to the same period in 2021[2]. - Earnings per share for the year was HKD 3.65, compared to HKD 0.33 in 2021[11]. - The operating profit for the year was HKD 176.345 million, slightly up from HKD 169.945 million in the previous year[11]. - The total revenue for the year was HKD 280.632 million, compared to HKD 244.197 million in 2021, reflecting a growth of approximately 15%[11]. - The company reported a pre-tax profit of HKD 1.356 billion, compared to HKD 138.603 million in the previous year[11]. - The total comprehensive income for the year included other comprehensive income of HKD 150.482 million[11]. - The company’s total income was HKD 461,436,000 in 2022, up from HKD 392,574,000 in 2021, indicating a growth of approximately 17.5%[41]. - The deferred tax for 2022 was HKD 58,433,000, significantly higher than HKD 13,771,000 in 2021, marking an increase of about 324%[40]. - The current tax provision for the year was HKD 28,468,000, compared to HKD 30,040,000 in the previous year, showing a decrease of around 5.2%[40]. - The company’s other income, including interest income and government grants, amounted to HKD 150,482,000 in 2022, up from HKD 82,203,000 in 2021, reflecting an increase of approximately 83%[45]. - The group reported a net loss of HKD 23,057,000 from the fair value changes of other financial assets in 2022, compared to a loss of HKD 7,632,000 in 2021, indicating a significant increase in losses[50]. - Basic earnings per share for the year amounted to HKD 1,299,136,000, compared to HKD 118,249,000 in 2021, reflecting a substantial increase in profitability[57]. - The group recorded a loss of HKD 16.9 million from securities investments due to market downturns[90]. Revenue and Investment - The company recognized a significant gain from its 50% stake in the "Emperor" joint venture project, contributing to the substantial increase in profit[2]. - In 2022, the total revenue from property investment was HKD 160,034,000, compared to HKD 147,200,000 in 2021, reflecting an increase of approximately 8.5%[41]. - The profit from property development and investment in 2022 was HKD 98,928,000, a decrease from HKD 148,036,000 in 2021, representing a decline of about 33.3%[42]. - The company plans to continue expanding its real estate development and investment activities in the coming year[19]. - The company plans to continue expanding its property investment portfolio, focusing on increasing rental income and exploring new market opportunities[41]. - The group’s gross rental income from shops was approximately HKD 113 million in 2022, with full occupancy for "Liangxianju" and "Chengzhonghui" shops, and an occupancy rate of 89% for "Jiayuanju" shops[68]. - The joint venture project "Imperial Court" has delivered 1,738 residential units, confirming revenue from property sales[69]. - The "Ying'an" development project in Cheung Sha Wan is expected to complete indoor decoration by early 2024, providing approximately 100,698 square feet of residential floor area[70]. Dividends and Shareholder Equity - The group proposed a final dividend of HKD 0.15 per share and a special dividend of HKD 1.00 per share, totaling HKD 356,274,000 for the special dividend alone[56]. - Shareholders' equity increased by approximately 20% to HKD 7.218 billion, driven by confirmed property sales and rental profits[74]. - The group plans to distribute a final dividend of HKD 0.15 per share and a special dividend of HKD 1.00 per share, totaling HKD 1.25 for the year[86]. - The company will distribute a special dividend of HKD 1 per share to shareholders as part of its centenary celebrations[98]. Assets and Liabilities - The company’s total assets as of December 31, 2022, were reported at HKD 1,232,000,000, compared to HKD 1,170,000,000 in 2021, showing an increase of about 5.3%[40]. - The group’s total liabilities related to trade and other payables were projected to be settled within one year, with trade payables amounting to HKD 16,172,000 in 2022, slightly down from HKD 16,527,000 in 2021[62]. - The group’s cash and cash equivalents increased to HKD 115,129,000 in 2022, compared to HKD 96,381,000 in 2021, indicating improved liquidity[63]. - As of December 31, 2022, the group's current assets were approximately HKD 3.907 billion, with current liabilities of about HKD 231 million, resulting in a current ratio of 16.9 times[93]. - Non-current assets amounted to HKD 3,627,506,000, an increase from HKD 3,091,734,000 in the previous year, representing a growth of approximately 17.3%[126]. - Current assets totaled HKD 3,907,115,000, compared to HKD 3,177,496,000 last year, indicating a year-on-year increase of about 23.0%[126]. - Total assets less current liabilities reached HKD 7,303,688,000, up from HKD 6,084,318,000, reflecting a growth of around 20.0%[126]. - Net assets amounted to HKD 7,218,257,000, compared to HKD 6,004,518,000 in the previous year, showing an increase of approximately 20.2%[126]. - The company reported a significant increase in current liabilities, with trade and other payables at HKD 183,927,000, compared to HKD 163,882,000 last year, marking an increase of about 12.6%[126]. Operational Insights - The group’s operating profit primarily derived from rental income from shops and markets during the review year[67]. - The total employee cost for the year was approximately HKD 99 million, with the number of employees increasing to about 250 from 200 in the previous year[112]. - The ferry and related businesses recorded a loss of HKD 5.4 million, a decline from a profit of HKD 8.6 million in 2021, primarily due to the lack of government subsidies for maintenance[71]. - The AMOUR medical beauty clinic opened in August, occupying 12,000 square feet, offering high-quality personalized medical beauty services[91]. - The company is expanding its medical and aesthetic services to provide a variety of quality healthcare offerings[107]. Regulatory and Compliance - The company has implemented new accounting policies regarding contract losses, which may impact future financial reporting[17]. - The company has implemented new accounting policies that clarify the assessment of contracts and their associated costs, which may impact future financial reporting[36]. - The company has adopted the "Standard Code" for securities trading by directors, confirming compliance for the fiscal year ending December 31, 2022[117]. - The financial statements were prepared in accordance with the Hong Kong Financial Reporting Standards and comply with the applicable disclosure requirements of the Listing Rules[127]. - The impact of revised Hong Kong Financial Reporting Standards has been reflected in the financial statements for the current accounting period[128]. - The company has not adopted any new standards or interpretations that are not yet effective during the reporting period[129]. - The audit committee reviewed the financial performance for the year ending December 31, 2022, with no differing opinions noted[116]. Market Outlook - The easing of COVID-19 restrictions is expected to boost local consumption and aid economic recovery as travel increases[97]. - The Hong Kong government has allocated HKD 30 billion to establish a "Co-Investment Fund" to attract corporate investments, enhancing the region's competitiveness[113]. - The Hong Kong private healthcare expenditure reached HKD 88.1 billion in the 2019/2020 fiscal year, indicating significant growth potential in the healthcare sector[107]. - The company plans to continue seeking suitable retail investments and is monitoring appropriate land for development purposes[114].

HONG KONG FERRY (HOLDINGS) COMPANY LIMITED 香 港 小 輪 ( 集 團 ) 有 限 公 司 (Stock Code 股份代號 : 50) | --- | --- | --- | --- | --- | --- | --- | --- | |-------|-------|-------|---------------------|--------------------|-------|-------|-------| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | INTERIM REPORT | | | | | | | | | 中期報告 | | | | | | | | | | | | | | | | | | | | | | | | | | str. 322.1 R TE R M | | | | | caringcomp Contents 目錄 1 Interim Results ...

HONG KONG FERRY (HOLDINGS) COMPANY LIMITED 香 港 小 輪 ( 集 團 ) 有 限 公 司 (股份代號：50) B 2021年 年 報 Aeers Aseageae a AAA car | --- | --- | --- | --- | |-------|-----------------------------------------------------------|--------------------------|----------------| | | 目錄 | | | | | 公司資料 財務概要 | 董事及高層管理人員簡介 | 2 3 7 | | | 主席報告 管理層之討論及分析 | | 10 13 | | | 董事會報告 企業管治報告 獨立核數師報告 綜合損益表 | 環境、社會及管治報告 | 14 26 41 73 79 | | | 綜合財務狀況表 綜合權益變動表 綜合現金流量表 財務報表附註 | 綜合損益及其他全面收益表 | 80 81 83 84 86 | | | 五年財務概要 | | 160 | | | 集團物業 | | 163 | | | ...

FIKF HONG KONG FERRY (HOLDINGS) COMPANY LIMITED 香 港 小 輪 ( 集 團 ) 有 限 公 司 (Stock Code 股份代號 : 50) | --- | --- | --- | --- | --- | --- | --- | |---------------|----------------|-------|-------|-------|-------|-------| | | | | | | | | | 中期報告 2021 | INTERIM REPORT | | | | | | | | | | | | | | | | | | | | | | AAAAAAA caringcompany Contents 目錄 | --- | --- | --- | --- | |-------|-------|-------|--------------------------------------------------------------------------| | | | | | | | | | Contents 目錄 | | | 1 | | Interi ...

HONG KONG FERRY (HOLDINGS) COMPANY LIMITED 香 港 小 輪 ( 集 團 ) 有 限 公 司 (股份代號 : 50) 2020年 年報 @ 8 8 8 @ 完全合金����� STER T caringcompan 目錄 目錄 | --- | --- | --- | |-------|--------------------------|-------| | | | | | | 公司資料 | 2 | | | 董事及高層管理人員簡介 | 3 | | | 財務概要 | 7 | | | 主席報告 | 10 | | | 管理層之討論及分析 | 13 | | | 董事會報告 | 14 | | | 企業管治報告 | 26 | | | 環境、社會及管治報告 | 41 | | | 獨立核數師報告 | 69 | | | 綜合損益表 | 75 | | | 綜合損益及其他全面收益表 | 76 | | | 綜合財務狀況表 | 77 | | | 綜合權益變動表 | 79 | | | 綜合現金流量表 | 80 | | | 財務報表附註 | 82 | | | 五年財務概要 | 156 | | | 集 ...

HONG KONG FERRY (HOLDINGS) COMPANY LIMITED 香 港 小 輪 ( 集 團 ) 有 限 公 司 | --- | --- | --- | --- | --- | |------------------------------|-------|-------|-------|-------| | | | | | | | (Stock Code 股份代號 : 50) | | | | | | 2020 INTERIM REPORT 中期報告 | | | | | | | | | | | | caringcomp | | | | | Contents 目 錄 ] Interim Results and Dividends 中期業績及股息 ] Management Discussion and Analysis 管理層討論及分析 1 Business Review 業務回顧 2 Prospects 展望 2 Appreciation 致謝 3 Financial Review 財務回顧 ব Other Information 其他事項 8 Disclosure of Interests ...

HONG KONG FERRY (HOLDINGS) COMPANY LIMITED 香 港 小 輪 ( 集 團 ) 有 限 公 司 (股份代號 : 50) REF 年韓 100 - 1 caringcompany 目錄 | --- | --- | --- | |-------|--------------------------|-------| | | | | | | | | | | 公司資料 | 2 | | | 董事及高層管理人員簡介 | 3 | | | 財務概要 | 8 | | | 主席報告 157 | 10 | | | 管理層之討論及分析 | 13 | | | 董事會報告 | 14 | | | 企業管治報告 | 25 | | | 環境、社會及管治報告 | 39 | | | 獨立核數師報告 | 69 | | | 綜合損益表 | 75 | | | 綜合損益及其他全面收益表 | 76 | | | 綜合財務狀況表 | 77 | | | 綜合權益變動表 | 79 | | | 綜合現金流量表 | 80 | | | 財務報表附註 | 82 | | | 五年財務概要 | 160 | | | 集團物業 | 163 | ...

HONG KONG FERRY (HOLDINGS) COMPANY LIMITED 香 港 小 輪 ( 集 團 ) 有 限 公 司 (Stock Code 股份代號 : 50) INTERIM REPORT 2019 *期報告 商器 caringcompany 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 | | | | | Business Review 業務回顧 1 | | | | | Prospects 展望 2 | | | | | Financial Review 財務回顧 3 | | | | 4 | Ot ...

HONG KONG FERRY (HOLDINGS) COMPANY LIMITED 香 港 小 輪（ 集 團 ）有 限 公 司 (股份代號：50) 2018年 年報 years 商界展 caringcompany 屯門市地段第547號 集團佔百分之五十股份之合營項目位於新界屯門48區青山 公路-青山灣段興建中的項目,目前發展進度良好。 此項目由六幢住宅大樓組成·提供約一千六百三十五伙可 跳望海景或園景之單位·總樓面面積約六十六萬三千平方 呎，預期於二零二二年建成。 目 錄 2 公司资料 董事及高層管理人員簡介 3 財 務 概 要 8 主席報告 10 管理層之討論及分析 13 14 董事會報告 企業管治報告 27 環境、社會及管治報告 42 獨立核數師報告 73 綜合損益表 79 綜合損益及 80 其他全面收益表 綜合財務狀況表 81 綜合權益變動表 83 綜合現金流量表 84 財務報表附註 8୧ 五年財務概要 168 集團物業 171 公司資料 董事會 執行董事： 林高演博士(主席) 李寧先生 非執行董事： 歐肇基先生 劉壬泉先生 李兆基博士 獨立非執行董事： 何厚锵先生 黃汝璞女士 胡經昌先生 審核委員會 ...