吳秀芳女士已確認，彼與董事會並無意見分歧，亦沒有關於其辭任的事宜須敦請本公司股東及香港聯合交易 所有限公司垂注。 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分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。 （於香港註冊成立的有限公司） （股份代號：105） 更換公司秘書 凱聯國際酒店有限公司（「本公司」）董事會（「董事會」）謹此宣佈，吳秀芳女士已辭任本公司公司秘書 （「公司秘書」）一職，並自二零二五年八月一日起生效。 董事會另宣佈，伍秀薇女士（「伍女士」）已獲委任為公司秘書，並自二零二五年八月一日起生效。 董事會謹此向吳秀芳女士於任內對本公司的貢獻致以衷心謝意，並歡迎伍女士履新。 承董事會命 凱聯國際酒店有限公司 主席 鍾琼林 香港，二零二五年七月三十一日 於本公告之日，鍾琼林先生、鍾炯輝先生、鍾燊南先生、鍾聰玲女士、鍾仲涵先生和鍾振風先生均為執行董事；周雲海 先生、黃耀德先生和李松先生則為獨立非執行董事。 伍女士為達盟香港有限公司上市公司服務部之董事兼主管，負責向上市公司客戶提供公司秘書及合規 ...

Stock Code 股份代號：105 2024-2025 Annual Report 年 報 The translation into Chinese language of this annual report is for reference only. In case of any inconsistency, the English version shall prevail. 本年報之中文譯本只供參考，如中英文本有任何差異，一概以英文本為準。 Contents 目錄 | 2 | Corporate Information | 公司資料 | | --- | --- | --- | | 3 | Chairman's Statement | 主席報告 | | 4 | Properties | 物業概覽 | | 5 | Corporate Governance Report | 企業管治報告 | | 40 | Corporate Social Responsibility Report | 企業社會責任報告 | | 68 | Directors' Report | 董事會報告 | | 85 | Biogr ...

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。 綜合損益及其他全面收入表 | 截至三月三十一日止年度 | 附 | 註 | 二零二五年 | 二零二四年 | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 千 | 千 | 元 | 元 | | | | | | | | 3 | 299,008 | 292,143 | 收 | 入 | (94,478) | (94,299) | 服務成本 | | | | 204,530 | 197,844 | 毛 | 利 | 5(a) | 20,515 | 23,772 | 其他收入 | | | | 5(b) | (1) | (2) | 其他虧損淨額 ...

Financial Performance - For the six months ended September 30, 2024, the company reported a loss attributable to equity shareholders of HKD (490,874) thousand, compared to a profit of HKD 457,088 thousand in the same period last year[3]. - Basic and diluted loss per share for the period was HKD (1.36), compared to earnings of HKD 1.27 per share in the previous year[3]. - Total revenue for the period was HKD 151,747 thousand, a slight increase of 3.5% from HKD 147,109 thousand in the prior year[4]. - Gross profit for the period was HKD 103,318 thousand, up from HKD 99,579 thousand, reflecting a gross margin improvement[4]. - The company reported a net operating loss of HKD (472,005) thousand after investment property valuation losses, compared to a profit of HKD 475,382 thousand in the previous year[4]. - The group reported rental income of approximately HKD 18,182,000 for the six months ended September 30, 2024, compared to HKD 19,416,000 in the same period of 2023, representing a decrease of about 6.35%[22]. - Other income for the period was HKD 11,438,000, slightly up from HKD 11,209,000 in the previous year, indicating a growth of approximately 2.04%[26]. - The group recorded a pre-tax loss of HKD 490,874,000 for the six months ended September 30, 2024, compared to a profit of HKD 457,088,000 in the same period of 2023[37]. Cash Flow and Assets - Cash generated from operating activities was HKD 81,860 thousand, down from HKD 104,726 thousand in the same period last year[12]. - The company’s total assets decreased to HKD 7,602,365 thousand from HKD 8,179,117 thousand as of March 31, 2024[6]. - Cash and cash equivalents increased to HKD 591,115 thousand from HKD 506,522 thousand at the beginning of the period[12]. - As of September 30, 2024, the total equity of the group was HKD 7,275,400,000, compared to HKD 7,856,300,000 as of March 31, 2024[47]. - The group has drawn down bank loans totaling HKD 200,000,000 as of September 30, 2024, unchanged from March 31, 2024[47]. - The capital debt ratio, calculated as total bank loans divided by total equity, was 2.7% as of September 30, 2024, compared to 2.5% as of March 31, 2024[47]. Dividends and Remuneration - The company declared dividends of HKD (90,000) thousand for the previous fiscal year, impacting retained earnings[8]. - The interim dividend declared was HKD 0.16 per share, consistent with the previous year, totaling HKD 57,600,000[34]. - The total remuneration for Zhong Qionglin decreased by 44,000 HKD to 1,141,000 HKD, with 958,000 HKD paid under his service contract[62]. - Zhong Shennan's remuneration increased by 325,000 HKD to 1,269,000 HKD, with 807,000 HKD paid under his service contract[62]. - The company’s policy on remuneration payments has not changed despite the variations in director remuneration[62]. Investment Properties - The company is focusing on expanding its investment properties, with a valuation loss of HKD (568,786) thousand reported for the period[4]. - The investment property valuation loss for the same period was HKD 568,800,000, compared to a valuation gain of HKD 382,400,000 in the previous year[47]. - Rental income from the International Plaza for the six months ending September 30, 2024, was approximately HKD 150,500,000, an increase of about 3.2% year-on-year[47]. - The occupancy rate of the International Plaza as of September 30, 2024, was approximately 77.0%, down from 80.0% a year earlier[47]. Compliance and Governance - The group did not adopt any new accounting standards that would significantly impact the financial reporting for the current period[20]. - The group’s financial report is prepared in accordance with the Hong Kong Financial Reporting Standards, ensuring compliance with local regulations[1]. - The company has complied with all applicable code provisions of the Corporate Governance Code for the six months ending September 30, 2024, except for certain disclosures[65]. - The board believes that the risk of legal action against directors is low and that the benefits of insurance do not outweigh the costs[65]. - The company has not established an internal audit function, but the board will review the necessity of this function annually[67]. - The board has determined that the current risk management and internal control systems are sufficient without the need for an internal audit function[68]. - The company has implemented a whistleblowing policy and defined employee roles and responsibilities to support its corporate culture[67]. - The board includes independent non-executive directors to ensure a balance of power and oversight[65]. Staff and Operations - The group employed 36 staff members as of September 30, 2024, with related expenses of approximately HKD 13,100,000 for the period[49]. - Management anticipates stable rental income and operating performance for the second half of the year despite challenges in the retail and dining sectors[50].

Financial Performance - For the six months ended September 30, 2024, the company reported revenue of HKD 3,151,747,000, a significant increase from HKD 147,109,000 in the same period last year[2] - Gross profit for the period was HKD 103,318,000, compared to HKD 99,579,000 in the previous year, reflecting a growth of approximately 3.5%[3] - The operating loss after the valuation changes of investment properties was HKD 472,005,000, a decrease from an operating profit of HKD 475,382,000 in the prior year[5] - The loss attributable to equity shareholders for the period was HKD 490,874,000, compared to a profit of HKD 457,088,000 in the same period last year[7] - Basic and diluted loss per share was HKD 1.36, down from earnings of HKD 1.27 per share in the previous year[8] - For the six months ended September 30, 2024, the group's operating profit before valuation changes was HKD 96.8 million, an increase of approximately 4.1% compared to the same period last year[35] - The group recorded a valuation loss of HKD 568.8 million for the six months ended September 30, 2024, compared to a valuation gain of HKD 382.4 million in the same period last year[35] - Interest income for the six months ended September 30, 2024, was HKD 10.459 million, slightly down from HKD 10.515 million in the previous year[22] - The current tax expense for the six months ended September 30, 2024, was HKD 9.251 million, an increase from HKD 8.817 million in the previous year[25] - The group’s total other income for the six months ended September 30, 2024, was HKD 11.438 million, compared to HKD 11.209 million in the previous year[22] Assets and Liabilities - The total assets less current liabilities amounted to HKD 7,602,365,000, a decrease from HKD 8,179,117,000 as of March 31, 2024[10] - The company reported a net asset value of HKD 7,275,431,000, down from HKD 7,856,305,000 in the previous reporting period[10] - The total accounts receivable (net of impairment) as of September 30, 2024, was HKD 107.194 million, compared to HKD 103.896 million as of March 31, 2024[30] - The total amount of overdue accounts receivable as of September 30, 2024, was HKD 4.897 million, down from HKD 14.868 million as of March 31, 2024[30] - As of September 30, 2024, the total equity of the group was HKD 7,275,400,000, compared to HKD 7,856,300,000 as of March 31, 2024[36] - The group utilized bank credit facilities amounting to HKD 200,000,000 as of September 30, 2024, unchanged from March 31, 2024, with a capital debt ratio of 2.7%[37] Customer and Revenue Insights - The company has a diversified customer base, with one customer contributing approximately HKD 18,182,000, which accounted for over 10% of total revenue during the period[19] - As of September 30, 2024, the rental income of the International Plaza reached approximately HKD 150,500,000, an increase of about 3.2% compared to the same period last year[36] - The occupancy rate of the International Plaza as of September 30, 2024, was approximately 77.0%, down from 80.0% on September 30, 2023[36] Employee and Management Information - The number of employees as of September 30, 2024, was 36, an increase from 35 employees on September 30, 2023, with related expenses approximately HKD 13,100,000[39] - The management anticipates that rental income and operational performance for the second half of the year will remain stable despite challenges in the retail and dining sectors[40] - The board believes that establishing and maintaining internal audit functions is not cost-effective under current circumstances, but will review the necessity of such functions annually[46] - The company has not disclosed the remuneration details of senior management by salary band in the annual report, as it believes such disclosure could lead to inappropriate comparisons among employees and provide sensitive information to competitors[47] Compliance and Reporting - All directors confirmed compliance with the standard code for securities trading as of September 30, 2024, within the past six months[49] - The interim report for the six months ending September 30, 2024, will be sent to members and published on the company's website and the Hong Kong Stock Exchange website[50]

（股 份 代 號：105） | --- | --- | --- | --- | |-----------------------------------------------------------------------|-------------|---------------------------------------------|----------------------------| | | 附 註 | 截至三月三十一日止年度 二零二四年 千 元 | 二零二三年 千 元 | | 收 入 服務成本 | 3 | 292,143 (94,299) | 299,283 (85,353) | | 毛 利 其他收入 其 他（虧 損）╱收 益 淨 額 行政費用 | 5(a) 5(b) | 197,844 23,772 (2) (38,946) | 213,930 13,411 24 (39,007) | | 投資物業估值變動前的經營溢利 投 資 物 業 估 值 盈 利╱（虧 損）淨 額 | | 182,668 230,783 | 188,358 (1,738,427) | | 投 資 物 業 估 值 變 ...

Financial Performance - For the six months ended September 30, 2023, the company reported revenue of HKD 147,109,000, a decrease of 4.3% compared to HKD 153,351,000 for the same period in 2022[13] - The gross profit for the same period was HKD 99,579,000, down from HKD 110,146,000, reflecting a decline in gross margin[13] - The company recorded a net profit attributable to equity shareholders of HKD 457,088,000, compared to a loss of HKD 1,123,516,000 in the previous year[13] - The basic and diluted earnings per share for the period were HKD 1.27, a significant improvement from a loss of HKD 3.12 per share in the prior year[13] - For the half-year period ending September 30, 2023, the group's operating profit before investment property valuation changes was HKD 93,000,000, a decrease of approximately 3.1% compared to the same period last year[21] - The net profit attributable to equity shareholders for the same period was HKD 457,100,000, recovering from a loss of HKD 1,123,500,000 in the previous year[21] Assets and Equity - The total assets as of September 30, 2023, amounted to HKD 8,312,940,000, an increase from HKD 7,934,538,000 as of March 31, 2023[6] - As of September 30, 2023, the total equity attributable to shareholders was HKD 7,994,200,000, an increase from HKD 7,619,900,000 on March 31, 2023[21] - Cash and cash equivalents increased to HKD 557,929,000 as of September 30, 2023, compared to HKD 452,423,000 at the beginning of the period[15] Dividends and Income - The company declared an interim dividend of HKD 0.16 per share, up from HKD 0.11 per share in the previous year, to be paid on January 5, 2024[20] - The interim dividend declared after the mid-term period is HKD 0.16 per share, an increase of 45% from HKD 0.11 per share in 2022, totaling HKD 57,600,000[81] - Rental income from the International Plaza for the half-year period was approximately HKD 145,900,000, down about 4.1% year-on-year, with an occupancy rate of 80.0% as of September 30, 2023, compared to 77.3% a year earlier[21] - The company reported rental income of approximately HKD 19,416,000 for the period, compared to HKD 19,141,000 in the previous year, indicating a growth of 1.4%[69] - Other income for the period totaled HKD 11,209,000, a significant increase from HKD 3,654,000 in the previous year, reflecting a growth of 206%[72] Cash Flow and Financing - Operating cash flow for the period was HKD 104,726,000, compared to HKD 76,604,000 in the prior year, indicating improved cash generation[15] - The group has utilized bank credit facilities amounting to HKD 200,000,000 as of September 30, 2023, maintaining a capital debt ratio of 2.5%[21] - The company has secured bank financing totaling HKD 300,000,000, with outstanding loans of HKD 200,000,000 as of September 30, 2023[89] - Financing costs increased to HKD 5,363,000 from HKD 1,787,000, representing a rise of 200%[75] Employee and Management Information - The number of employees as of September 30, 2023, was 35, with related expenses of approximately HKD 12,500,000, down from 37 employees and HKD 13,600,000 in the previous year[23] - The remuneration for Mr. Zhong Qionglin was HKD 1,185,000, an increase of HKD 8,000 compared to the same period last year[36] Risk Management and Compliance - The company has not established an internal audit function, but it conducts biannual risk assessments to enhance its risk management and internal control systems[41] - The board will review the necessity of establishing an internal audit function annually, considering the current operational structure and costs[46] - All directors confirmed compliance with the standard code of conduct regarding securities trading during the six months ended September 30, 2023[48] - The board believes that the risk of legal actions against directors is low, and thus, the company does not have insurance arrangements for such risks[39] Property and Investment - The company’s primary business remains property investment, with all rental income generated from properties located in Hong Kong[70] - The company has not made any investments in properties during the period, maintaining a focus on existing assets[85] - The company has contracted HKD 686,000 for future projects as of September 30, 2023, indicating ongoing commitments[18] - The independent review report by KPMG confirmed that there were no significant issues identified in the interim financial report[53] Accounting and Financial Reporting - The company has adopted the same accounting policies as the previous fiscal year, with no significant impact from new accounting standards[66] - The interim financial report was prepared in accordance with HKAS 34, ensuring compliance with relevant regulations[56] - The company has not adopted any new standards or interpretations that have not yet come into effect during the current accounting period[67] - The company's estimated assessable profits for Hong Kong profits tax are calculated at a rate of 16.5%, with the first HKD 2,000,000 taxed at 8.25%[78] Depreciation and Receivables - Depreciation expenses rose to HKD 2,296,000 from HKD 2,121,000, marking an increase of 8.3%[76] - Total accounts receivable, including deposits and prepayments, amounts to HKD 130,391,000, down from HKD 144,539,000 as of March 31, 2023[90] - The overdue accounts receivable amount to HKD 24,223,000, a decrease from HKD 26,819,000 in the previous period[90]

Financial Performance - For the six months ended September 30, 2023, the group's operating profit before changes in property valuation was HKD 93,000,000, a decrease of approximately 3.1% compared to the same period last year, primarily due to a reduction in rental income from the international plaza[13]. - For the six months ended September 30, 2023, the profit attributable to equity shareholders was HKD 457,100,000, compared to a loss of HKD 1,123,500,000 in the same period last year[14]. - The company's revenue was HKD 147,109,000, a decrease of 4.4% compared to HKD 153,351,000 for the same period in 2022[30]. - The profit attributable to equity shareholders for the same period was HKD 12,931,000, down from HKD 15,111,000 in 2022, representing a decline of 14.5%[41]. - The company reported a basic and diluted earnings per share of HKD 1.27, compared to HKD 3.12 in the previous year[30]. - The company reported other income of HKD 10,515,000 for the six months ended September 30, 2023, compared to HKD 3,018,000 in the same period of 2022, representing an increase of 248%[72]. Equity and Assets - As of September 30, 2023, the total equity of the group was HKD 7,994,200,000, up from HKD 7,619,900,000 as of March 31, 2023[15]. - The total assets less current liabilities amounted to HKD 8,312,940,000, an increase from HKD 7,934,538,000 in the previous year[45]. - Non-current assets, including investment properties, totaled HKD 7,790,400,000, compared to HKD 7,408,000,000 in the previous year[45]. - The total equity attributable to shareholders increased to HKD 7,994,234,000 from HKD 7,619,946,000 in the previous year[45]. Dividends - The company declared an interim dividend of HKD 0.23 per share for the fiscal year, compared to HKD 0.21 per share for the previous year[8]. - The company declared an interim dividend of HKD 0.16 per share, an increase from HKD 0.11 per share in 2022, totaling HKD 57,600,000 compared to HKD 39,600,000 in the previous year[42]. - The company declared an interim dividend of HKD 0.16 per share, an increase from HKD 0.11 per share in 2022, to be paid on January 5, 2024[80]. Accounts Receivable - The total accounts receivable, net of credit loss allowances, was HKD 120,989,000 as of September 30, 2023, down from HKD 135,769,000 as of March 31, 2023[10]. - The company reported a decrease in overdue accounts receivable, with total overdue amounts at HKD 24,223,000 as of September 30, 2023, down from HKD 26,819,000[10]. - The company’s accounts receivable related to lease incentives amounted to HKD 95,954,000 as of September 30, 2023, down from HKD 107,096,000 as of March 31, 2023[78]. Rental Income and Operations - The company anticipates that rental income from the international plaza and overall operational performance will remain stable in the second half of the year despite challenges in the Hong Kong retail market[18]. - Rental income from the International Plaza reached approximately HKD 145,900,000, a decrease of about 4.1% compared to the same period last year, with an occupancy rate of 80.0% as of September 30, 2023, up from 77.3% a year earlier[59]. Financing and Costs - The company's financing costs for the period were reported at HKD 5,363,000, compared to HKD 1,787,000 in the previous year[40]. - The company has drawn down bank loans totaling HKD 200,000,000 as of September 30, 2023, with a capital debt ratio of 2.5%[60]. - The company entered into a financing agreement on October 7, 2013, including a three-year term loan of HKD 200,000,000 and a revolving loan of HKD 100,000,000[60]. Governance and Compliance - The company has complied with the corporate governance code as per the Hong Kong Stock Exchange regulations during the reporting period[20]. - The company has not disclosed any significant changes in information that would require additional disclosure beyond what is stated in the annual report[17]. - The company has not established an internal audit function, confirming that sufficient risk management and internal control systems are in place[63]. - The company conducted biannual risk assessments to enhance its risk management and internal control systems[64]. - The company has established a monitoring environment covering the entire group, including implementing reporting policies and defining employee roles and responsibilities[64]. Other Information - The company did not repurchase, sell, or redeem any of its listed securities during the six months ended September 30, 2023[19]. - The company has not adopted any new accounting standards or interpretations that have not yet come into effect during the current accounting period[49]. - The company’s financial report is prepared in accordance with the Hong Kong Financial Reporting Standards[47]. - The company’s financial results may differ from estimates due to management's judgments and assumptions regarding the application of policies[47]. - The company is committed to maintaining appropriate insurance arrangements for potential legal actions faced by directors[62]. - The company reported a net loss from the disposal of fixed assets of HKD 1,000[72]. - The company’s management fees from the holding company remained stable at HKD 600,000 for both periods[72]. - The company’s depreciation expense for the period was HKD 2,121,000[73].

Remuneration and Governance - The Group's remuneration policy aims to retain Directors and senior management by offering competitive remuneration levels[2] - The remuneration committee reviews and fixes the remuneration packages of all Executive Directors and senior management annually[11] - The remuneration of individual Executive Directors is determined based on factors such as comparable company remuneration, Group results, and individual performance[6] - The Group does not have any long-term incentive scheme other than the retirement scheme mentioned in the financial statements[10] - The remuneration committee made recommendations to the Board regarding the remuneration of Independent Non-Executive Directors (INEDs) annually[9] - The nomination committee ensures a balance of skills, experience, and diversity on the Board to meet the Company's needs[14] - Directors are subject to retirement by rotation at least once every three years, with eligibility for re-election[20] - The nomination committee assesses the independence of INEDs and identifies qualified individuals for Board membership[21] - The appointment term of Directors is determined by the Board, with specific criteria for suitability considered during the nomination process[21] - The remuneration committee held multiple meetings during the year, with attendance records available in the annual report[17] - The Board of Directors has established three committees: Remuneration Committee, Nomination Committee, and Audit Committee, ensuring compliance with the Listing Rules[38] - The Nomination Committee is chaired by Mr. Cheong Kheng Lim, with three Independent Non-Executive Directors (INEDs) as members, ensuring governance standards are met[39] - The Company complied with all applicable code provisions of the Corporate Governance Code during the financial year ended March 31, 2023, with some disclosed deviations[161] - The Company currently does not have insurance cover for legal actions against its Directors, believing the risk of litigation is relatively low[161] - The roles of the Chairman and Chief Executive Officer are held by the same individual, but the Board believes this structure does not adversely affect the Company[163] - The Board has appointed a new Chairman during the reporting year to ensure effective governance despite the previous Chairman's health issues[163] - The Company Secretary reported directly to the Deputy Chairman during the transition period, ensuring effective management of corporate governance matters[164] - The company currently does not have an internal audit function, and the Board reviewed the need for one in March 2023, concluding there was no immediate need due to the Group's simple operating structure and effective management oversight[166] - The Board will review the need for an internal audit function on an annual basis, considering the effectiveness of existing control mechanisms and associated costs[166] - The remuneration details of senior management are not disclosed by band in the annual report, as the Board believes this non-disclosure does not negatively impact the company and prevents undue comparisons among staff[168] - The then Chairman did not attend the Company's AGM on September 9, 2022, due to health reasons, and the Deputy Chairman chaired the meeting to ensure smooth proceedings[170] - The Board of Directors had high attendance at board meetings (total: seven) during the financial year ended 31 March 2023[181] - The Company emphasizes Directors' training, providing memoranda/circulars to refresh knowledge on Directors' duties and legal obligations[181] Employee Training and Well-being - Total number of employees who received training in the reporting year increased to 23, up from 22 in 2022[26] - The Group organized a mental health talk and on-site massage services for employees to promote well-being during the reporting year[27] - The average hours worked by senior management decreased to 9.63 from 10.75 hours in 2022[25] - The average hours for general staff decreased to 1.15 from 1.36 hours in 2022[25] - The employee satisfaction rate was reported at 68.97%, with 90.32% satisfaction in 2022[197] - The management-employee relationship satisfaction decreased to 71.43% from 83.87% in 2022[197] - The Group conducts annual employee satisfaction surveys to gather feedback on the work environment[194] - The overall employee turnover rate increased to 10% from 6.06% in 2022[191] - The absence rate improved to 1.16% from 1.45% in 2022[198] - The percentage of female employees remained stable at 73.33%, while male employees accounted for 26.67%[188] - 66.67% of employees have been with the Group for over a decade, indicating strong employee retention[197] - The employee demographic shows 6.67% are aged below 35, while 26.66% are aged above 55[189] Environmental and Social Responsibility - The company recognizes the importance of non-financial performance and integrates socially responsible practices into daily operations to contribute positively to environmental and societal sustainability[78] - The Corporate Social Responsibility Report reviews the group's performance in environmental and social responsibilities for the financial year ended March 31, 2023[79] - The company complies with all mandatory disclosure requirements and "comply or explain" provisions as set out in the Environmental, Social and Governance Reporting Guide[80] - The Board oversees sustainability matters and is accountable for strategy management, performance, and reporting related to environmental and social responsibilities[81] - The company has established a governance structure to ensure progress against sustainability targets is properly managed through regular performance reviews[81] - The Group's main business operation, iSQUARE, actively participated in environmental initiatives, including recycling used fluorescent lamps and engaging in "Earth Hour 2023" to promote green living[97] - The Group has adopted an environmental policy focusing on compliance with legislation, long-term carbon emission reduction targets, and enhancing staff awareness through internal communication[87] - The Group encourages tenants to adopt environmentally friendly practices and provides guidelines through iSQUARE publications[97] - The Group has ensured full compliance with all mandatory disclosure requirements related to environmental and social responsibility[83] - The Group continues to engage with stakeholders to understand their views on sustainable development, utilizing face-to-face discussions and questionnaires[87] Financial Performance - The Group recorded an operating profit before valuation changes in investment properties of HK$188.4 million for the year ended 31 March 2023, compared to HK$177.7 million in 2022, representing an increase of 3.9%[131] - The loss attributable to equity shareholders was HK$1,584.7 million for the year, up from HK$1,120.8 million in 2022, indicating a significant increase in losses of 41.3%[131] - Valuation losses on investment properties amounted to HK$1,738.4 million, compared to HK$1,266.5 million in 2022, reflecting a 37.1% increase in losses[131] - The Board recommended a final dividend of HK$0.23 per share for the year, an increase from HK$0.21 per share in 2022, resulting in a total distribution of HK$0.34 per share for the year[131] - The annual general meeting is scheduled for 8 September 2023, providing an opportunity for shareholders to engage with the Board[131] Climate and Energy Management - The Group is committed to addressing climate-related risks, including business interruptions from tropical cyclones and increased electricity consumption due to global warming[140] - Mitigating measures against climate challenges include setting up an emergency response team and adopting electricity conservation measures[140] - The Group has set reduction targets for emissions, waste disposal, energy use, and water consumption to not exceed the amounts generated/consumed in their respective baseline years[146] - GHG emissions reduced by 39.23% compared to the baseline year of 2017, while energy use decreased by 16.01% in the same period[149] - Non-hazardous waste disposed reduced by 28.09% from the baseline year of 2019, and water consumption decreased by 18.22% compared to the baseline year of 2017[149] - The Group has established an emergency response team to address climate challenges and implemented energy-saving measures[145] - The Group has signed the Energy Saving Charter 2022 and the ECH2O Charter to promote sustainability initiatives[149] - The Group aims to continuously monitor environmental performance against set targets with the assistance of management[146] Shareholder Communication - The Company holds an Annual General Meeting (AGM) every year, typically in September, to facilitate direct communication between shareholders and the Board[48] - The Company has implemented a whistleblowing mechanism for shareholders to report suspected irregularities, with clear reporting channels and procedures outlined[44] - The Board is responsible for the annual review of the effectiveness of the shareholders' communication policy, which was deemed effectively implemented based on feedback and assessments[45] - The Company ensures that notices of general meetings and accompanying documents are sent to shareholders in accordance with statutory requirements[42] - The Company has measures in place to solicit shareholder views on its performance through questionnaires and other means[47] - Eligible shareholders can express their views on proposed resolutions at general meetings, provided they represent at least 2.5% of total voting rights or are 50 shareholders[66] - The company will verify requests for statements from shareholders and circulate them if proper and timely[68] - Shareholders representing at least 5% of total voting rights can request the Directors to convene a General Meeting (GM)[56] - The request to convene a GM must be sent in hard copy form to the Chairman of the Board at the registered office of the Company[56] - Directors must call a GM within 21 days after the request and the meeting must be held within 28 days of the notice[56] - If Directors fail to convene a GM, shareholders representing more than half of the total voting rights may call a GM themselves[56] - The minimum length of notice for proposing a person for election as a Director is at least 7 days prior to the GM[59] - Written notices for nominations must include the information required under Rule 13.51(2) of the Listing Rules[60] - If the notice is received less than 15 clear days prior to the GM, the Company may consider adjourning the GM to allow for proper notice[61] - Shareholders can request to circulate a resolution for an AGM if they represent at least 2.5% of total voting rights or 50 shareholders[52] - The request for a resolution must be received by the Company not later than 6 weeks before the AGM[52] - The Company will verify the request with its share registrar before including the resolution in the AGM agenda[52]

應付公司權益股東股息的詳情列載於附註8。 截至二零二三年三月三十一日止年度 業績之初步公告 （以 港 幣 列 示） 綜合損益及其他全面收入表 | --- | --- | --- | --- | |----------------------------------------------------------|-------------|-------------------------------------------|---------------------------------------| | 收 入 服務成本 | \n3 | 二零二三年 千 元 \n299,283 (85,353) | 二零二二年 千 元 \n301,316 (89,166) | | 毛 利 其他收入 其 他 收 益╱（虧 損）淨 額 行政費用 | 5(a) 5(b) | 213,930 13,411 24 (39,007) | 212,150 4,126 (6) (38,585) | | 投資物業估值變動前的經營溢利 投資物業估值虧損 | | 188,358 (1,738,427) | 177,685 (1,266,543 ...