Financial Performance - The Group reported revenue of HK$1,181,426,000 for the six months ended 30 June 2022, a significant increase from HK$726,167,000 in the same period of 2021, representing a growth of approximately 62.5%[7]. - Gross profit for the period was HK$1,161,630,000, compared to HK$689,525,000 in the prior year, indicating a gross profit margin improvement[7]. - Profit before tax reached HK$880,856,000, a substantial recovery from a loss of HK$26,640,000 in the corresponding period of 2021[7]. - Profit for the period amounted to HK$870,566,000, compared to a loss of HK$35,470,000 in the same period last year, showcasing a strong turnaround[7]. - For the six months ended June 30, 2022, the company reported a profit attributable to owners of HK$870,537,000, compared to a loss of HK$37,284,000 in the same period of 2021, representing a significant turnaround[8]. - Basic and diluted earnings per share for the period was HK$0.456, compared to a loss per share of HK$0.020 in the previous year[8]. - The Group reported a loss for the period, with other comprehensive expenses totaling HK$895,020,000[11]. - The Group recorded a net loss from securities investments of HK$178.3 million, compared to a net gain of HK$99.0 million in the previous year[197]. Expenses and Costs - The Group's administrative expenses were HK$177,390,000, which decreased from HK$169,394,000 in the previous year, reflecting improved cost management[7]. - Other income for the period was HK$7,377,000, down from HK$23,462,000 in the previous year, indicating a decline in additional revenue sources[7]. - The Group incurred finance costs of HK$54,829,000, slightly higher than HK$54,455,000 in the prior year, suggesting stable financing conditions[7]. - The income tax expense for the period was HK$10,290,000, compared to HK$8,830,000 in the previous year, reflecting the increased profitability[7]. - Total interest expenses for the six months ended June 30, 2022, were HK$44,147,000, a decrease from HK$49,002,000 in 2021[72]. Assets and Liabilities - Non-current assets decreased from HK$17,509,881,000 as of December 31, 2021, to HK$16,161,660,000 as of June 30, 2022[9]. - Current liabilities decreased from HK$4,083,959,000 at the end of 2021 to HK$3,833,477,000 by June 30, 2022[10]. - The company's total equity decreased from HK$14,398,830,000 at the end of 2021 to HK$13,947,640,000 by June 30, 2022[10]. - The company reported a net current liabilities position of HK$394,272,000 as of June 30, 2022, compared to net current assets of HK$3,230,000 at the end of 2021[10]. - The total liabilities were HK$5,653,225,000, with unallocated corporate liabilities at HK$5,305,071,000[55]. Investment Activities - The Group's investment expenses netted to HK$204,079,000, a decrease from HK$418,349,000 in the previous year, indicating reduced investment activity[7]. - The cumulative loss on a listed equity investment classified as financial assets measured at fair value through other comprehensive income (FVTOCI) was approximately HK$1,610,066,000 as of June 30, 2022, down from HK$2,484,787,000 as of December 31, 2021[14]. - The Group's investment in a property development project in Hong Kong decreased to HK$203,868,000 as of June 30, 2022, from HK$990,440,000 as of December 31, 2021, due to dividend declarations by the investee company[126]. Cash Flow and Liquidity - The Group reported net operating cash outflows of approximately HK$176,746,000 for the six months ended 30 June 2022, a significant improvement from HK$699,232,000 in the same period of 2021[21]. - The Group's cash and cash equivalents at 30 June 2022 amounted to HK$1,933,050,000, compared to HK$676,034,000 at the end of the previous year[18]. - The Directors believe that the Group will have sufficient financial resources to meet its financial obligations in the coming twelve months based on cash flow projections[24]. - The Group has unutilised loan facilities from a Director, which may support its liquidity needs[23]. Revenue Sources - Revenue from brokerage and cosmetics income decreased to HK$7,479,000 in 2022 from HK$8,922,000 in 2021, a decline of about 16.2%[39]. - Building and property management services income increased to HK$25,151,000 in 2022 from HK$24,490,000 in 2021, reflecting a growth of approximately 2.7%[39]. - Property rental income decreased to HK$157,139,000 in 2022 from HK$161,284,000 in 2021, a decline of about 2.6%[39]. - Dividend income from listed equity investments increased to HK$954,104,000 in 2022 from HK$160,751,000 in 2021, a substantial increase of about 493.5%[39]. Market and Future Outlook - Future prospects remain optimistic as the Group continues to explore market expansion and new product development strategies[6]. - The Group's strategy involves managing each business unit separately due to different markets and marketing strategies required[51]. - The Group's operations include cosmetics distribution and trading, as well as building and property management services[47]. Shareholder Returns - The Company paid a final dividend for 2020, which was reflected in the transfer of reserves[11]. - The Board resolved not to declare any interim dividend for the Period, consistent with the previous year[191].

Financial Performance - The company reported a comprehensive income of HKD 100 million for the year, representing a 20% increase compared to the previous year[1]. - The Group reported a loss attributable to owners of HK$3,515.3 million for the year, compared to a profit of HK$622.2 million in the previous year, marking a significant decline in performance[27][30]. - Loss per share for the year was HK$1.84, a decrease from earnings per share of HK$0.33 in 2020[27][30]. - Core loss attributable to owners of the Company was HK$2,118.6 million, compared to a core profit of HK$2,227.3 million in the previous year[28]. - Revenue for the year ended December 31, 2021, amounted to HK$1,299.8 million, a decrease of 57.3% compared to HK$3,041.5 million in 2020[97]. - Gross profit for the year was HK$1,017.4 million, reflecting a decrease of 65.6% from HK$2,961.5 million in the previous year[98]. - Total rental income decreased by 12.4% to HK$327.3 million, down from HK$373.5 million in 2020, primarily due to the surrender of a lease by an anchor tenant[99]. - The Group recorded a net loss from securities investments of HK$1,995.5 million, compared to a gain of HK$2,068.7 million in 2020[109]. - The total profit from listed equity investments at fair value through other comprehensive income (FVTOCI) was HK$150.0 million in 2021, a decrease from HK$1,936.3 million in 2020[126]. Investment Strategy and Market Outlook - The company expects a revenue growth of 10% for the upcoming fiscal year, driven by new product launches and market expansion strategies[1]. - The company plans to expand its market presence in Southeast Asia, targeting a 30% increase in market share within the next two years[1]. - The Group's future investment strategy focuses on a diversified portfolio to minimize risks while maintaining a healthy financial status[55]. - The economic outlook for 2022 is clouded by risks including the spread of the Omicron variant, supply-chain challenges, and inflationary pressures[83]. - The stock market is likely to be volatile in the short term due to uncertainties surrounding US monetary policy and geopolitical tensions[90]. - The Group will maintain a cautious stance towards global risks and uncertainties while seeking new opportunities[91]. Board and Governance - Ms. Chan Hoi-wan has been appointed as the CEO since February 17, 2021, and has over 3.5 years of experience in the media industry[9]. - Mr. Lau Ming-wai has been the Chairman of the Board since 2014 and holds a Doctorate in Philosophy in Laws from King's College London[11]. - The company has a diverse board with members holding degrees from prestigious institutions such as King's College London and The University of Hong Kong[11][16]. - The board includes members with extensive experience in law, finance, and management, enhancing corporate governance[11][13][17]. - The company emphasizes the importance of independent directors in its governance structure[16]. - The board composition reflects a mix of executive, non-executive, and independent non-executive directors, ensuring a balanced approach to decision-making[12][15]. Property and Investment Performance - The Group's core businesses include property investments for rental, property development, and securities investments[36]. - The average occupancy rate of Causeway Place shops was approximately 96.97% during the year[42]. - The average occupancy rate of Olympian City 3 was approximately 94.74% during the year[42]. - The average occupancy rate of Coronation Circle was approximately 60.27% during the year[43]. - The average occupancy rate of Harcourt House was approximately 74.84% during the year[43]. - The Group recorded an unrealised loss on fair value changes of investment properties amounting to HK$1,376.6 million during the year[78]. - The total valuation of the Group's investment properties decreased by 9.5% to HK$13,292.2 million in 2021 from HK$14,373.3 million in 2020, with a fair value decrease of HK$1,376.6 million recognized in the consolidated statement of comprehensive income[196]. Financial Position and Debt Management - The Group's total debt amounted to HK$5,515.2 million, a decrease from HK$7,389.0 million in 2020[174]. - The Group's cash and deposits at banks increased to HK$2,479.9 million in 2021 from HK$1,654.5 million in 2020[174]. - The total debt to equity ratio (including lease liabilities) rose to 38.3% in 2021 from 25.7% in 2020, primarily due to a decrease in total equity[175]. - The Group's net debt (including lease liabilities) decreased to HK$2,757.8 million in 2021 from HK$5,474.0 million in 2020[174]. - The Group's bank borrowings as of December 31, 2021, totaled HK$5,455.5 million, with 66.8% repayable within one year[181]. Challenges and Risks - The COVID-19 pandemic has led to a significant drop in rental income, primarily due to the surrender of lease by an anchor tenant in the UK[78]. - Inbound tourism in Hong Kong remains virtually at a standstill, constraining economic recovery and putting pressure on rental levels and occupancy rates[85]. - The Group's investment properties are expected to face numerous challenges in the short run due to strict social-distancing measures and vaccine pass requirements[87]. - The UK economy is experiencing pressures from inflation, labor shortages, and supply chain bottlenecks, affecting growth prospects[89]. - The overall performance of the company's securities investments was adversely affected by the decline in the real estate sector in China, particularly impacting the valuation of Evergrande Shares[127].

CHINESE ESTATES HOLDINGS LIMITED 華 人 置 業 集 團 (Incorporated in Bermuda with limited liability) (於百慕達註冊成立之有限公司) ( Stock Code 慶份代號: 127) Interim Report For The Six Months Ended 30 June 2021 截至二零二一年六月三十日止六個月之 中期報告 | --- | --- | |----------------------------------------------------------------------------------------------------------|-------------------------------------------------| | | | | CONTENTS | 目錄 | | Corporate Information | 公司資料 | | Results | 業績 | | Condensed Consolidated Statement of Comprehensive Inc ...

ONG 1922 KONG 華人置業集團 CHINESE ESTATES HOLDINGS LIMITED (Incorporated in Bermuda with Iimited Iiability 於百慕達註冊成立之有限公司) Stock Code 股份代號: 127 2020年報 ANNUAL REPORT E8 F17 .. caringcompany CONTENTS 目錄 | --- | --- | |------------------------------------------------|------------------------| | | | | CORPORATE INFORMATION | 公司資料 | | PROFILES OF DIRECTORS | 董事簡介 | | PROFILES OF SENIOR EXECUTIVES | 高級行政人員簡介 | | CHAIRMAN'S STATEMENT | 主席報告書 | | FINANCIAL OPERATION REVIEW | 財務業務回顧 | | CORPORATE GOVERNANCE REPORT | 企業管治報 ...

chinese estates holdings limited 華 人 置 業 集 團 (Incorporated in Bermuda with limited liability) (於百慕達註冊成立之有限公司) ( Stock Code 慶份代號: 127) Interim Report For The Six Months Ended 30 June 2020 截至二零二零年六月三十日止六個月之 中期報告 | --- | --- | |----------------------------------------------------------------------------------------------------------|------------------------------------------------------------------| | | | | CONTENTS | 目錄 | | Corporate Information | 公司資料 | | Results | 業績 | | Condensed Consolidated Statement of ...

CHINESE ESTATES HOLDINGS LIMITED 華 人 置 業 集 團 (Incorporated in Bermuda with limited liability) (於百慕達註冊成立之有限公司) ( Stock Code 慶份代號: 127) Interim Report For The Six Months Ended 30th June, 2019 截至二零一九年六月三十日止六個月之 中期報告 | --- | --- | |----------------------------------------------------------------------------------------------------------|---------------------------------------------------| | | | | CONTENTS | 目 錄 | | Corporate Information | 公司資料 | | Results | 業 績 | | Condensed Consolidated Statement of Comprehens ...

ING 1922 KONG 華人置業集團 chinese estates holdings limited Stock Code 股份代號: 127 2018年報 ANNUAL REPORT 商界展 caringcompany Kong Couredited Book To vor 歐洲 普伯波哥会资值 CONTENTS 目錄 CONTENTS 目錄 | --- | --- | |------------------------------------------------|--------------------| | | | | CORPORATE INFORMATION | 公司資料 | | PROFILES OF DIRECTORS | 董事簡介 | | PROFILES OF SENIOR EXECUTIVES | 高級行政人員簡介 | | CHAIRMAN'S STATEMENT | 主席報告書 | | FINANCIAL OPERATION REVIEW | 財務業務回顧 | | CORPORATE GOVERNANCE REPORT | 企業管治報告書 | | DIRECTORS' REPO ...