Financial Performance - Total revenue for 2024 was HKD 199,736,000, representing a 2% increase from HKD 196,014,000 in 2023[6] - The loss attributable to equity holders was HKD (146,680,000), a 400% decrease compared to a profit of HKD 48,961,000 in 2023[6] - Fair value changes of investment properties and related tax impacts resulted in a profit of HKD 276,914,000, up 266% from HKD 75,573,000 in 2023[6] - Earnings per share (EPS) was HKD (4.32), a 400% decline from HKD 1.44 in 2023[6] - The net asset value per share decreased by 13% to HKD 133.69 from HKD 153.36 in 2023[6] - The company reported a significant operating loss of HKD (131,204,000) compared to a profit of HKD 65,546,000 in 2023[7] - Financial income increased to HKD 4,442,000 from HKD 1,909,000 in 2023, indicating improved financial performance[7] - The company reported a loss attributable to equity holders of HKD 146.7 million for the year ended December 31, 2024, compared to a profit of HKD 49 million in 2023[101] - The annual performance included dividend income of approximately HKD 64.1 million from Shanghai Commercial Bank, net gains of HKD 37.4 million from financial assets, and investment income of HKD 5 million[101] - The net loss from the fair value changes of investment properties was HKD 276.9 million, compared to a loss of HKD 75.6 million in 2023[101] Dividends and Shareholder Information - The company declared a final dividend of HKD 0.70 per share, unchanged from 2023, while the special dividend decreased by 33% to HKD 0.40 from HKD 0.60[6] - The company reported a total dividend of HKD 1.10 per share for the fiscal year ending December 31, 2024, which includes a final dividend of HKD 0.70 and a special dividend of HKD 0.40, compared to HKD 1.30 per share in the previous year[18] - The total dividend payout for the year is approximately HKD 37,400,000, down from HKD 44,200,000 in the previous year, indicating a decrease of about 15.5%[18] - The company will hold its annual general meeting on May 21, 2025, to approve the proposed dividends[19] - The company has suspended the registration of shareholders from May 15 to May 21, 2025, to determine eligibility for voting at the annual general meeting[19] Assets and Liabilities - Total assets decreased to HKD 4,541,247,000 from HKD 5,210,647,000, reflecting a decline in total equity[7] - Investment properties valued at HKD 2,147,000,000, down from HKD 2,421,000,000 in 2023[7] - Cash and cash equivalents increased from HKD 125,278 thousand in 2023 to HKD 205,359 thousand in 2024, an increase of approximately 64%[196] - Total liabilities remained relatively stable, decreasing slightly from HKD 90,788 thousand in 2023 to HKD 90,523 thousand in 2024[197] Governance and Board Structure - The company’s board of directors includes experienced professionals with extensive backgrounds in finance and law, enhancing governance and strategic decision-making[25] - The board consists of six members, including two executive directors, three independent non-executive directors, and one non-executive director[51] - The board emphasizes the importance of ESG governance for the long-term sustainability of the group, ensuring effective execution and oversight of ESG considerations in major business decisions[116] - The company has maintained compliance with the corporate governance code as per the Hong Kong Stock Exchange regulations[47] - The company has established effective mechanisms to ensure the board's independence and regularly reviews its governance framework[52] Environmental, Social, and Governance (ESG) Initiatives - The company has implemented an ISO 14001 certified ESG integrated management system policy to promote energy saving and emission reduction in its investment properties[128] - The group has identified key ESG issues impacting its sustainability, including emissions management, resource usage, and climate change risks[121] - The company is committed to assessing climate-related risks and opportunities based on the recommendations of the International Financial Reporting Standards S2[130] - The company has established specific directional environmental goals to align with the Hong Kong government's carbon neutrality target by 2050[129] - The company has implemented measures to monitor and respond to climate change risks, thereby reducing negative impacts and promoting sustainable business operations[143] Employee and Community Engagement - The company donated HKD 4,000,000 to support vulnerable groups in 2024, maintaining the same contribution level as in 2023, and up from HKD 3,000,000 in 2022[161] - The total number of employees increased to 13 in 2024 from 12 in 2022, with a breakdown of 12 full-time and 1 part-time employee[158] - Employee turnover rate improved to 0% in 2024, down from 33% in 2022[159] - The average training hours per full-time employee was 4.02 hours in 2024, slightly down from 4.20 hours in 2023[161] - The company has implemented measures to manage occupational health and safety, ensuring a safe working environment[168]

Financial Performance - The company reported a revenue of HKD 199,736,000 for the fiscal year 2024, representing a 2% increase from HKD 196,014,000 in 2023[3] - The loss attributable to equity holders was HKD 146,680,000, a significant decline compared to a profit of HKD 48,961,000 in the previous year, marking a 400% change[3] - The earnings per share (EPS) showed a loss of HKD 4.32, a drastic change from an EPS of HKD 1.44 in the previous year, reflecting a 400% decline[3] - For the year ended December 31, 2024, the company reported a net loss of HKD 625,242,000 compared to a profit of HKD 179,357,000 in 2023, representing a significant decline in performance[9] - The group reported a loss before tax of HKD 124,824,000 for the year ended December 31, 2024, compared to a profit before tax of HKD 70,429,000 in 2023[20][22] Asset and Equity Changes - The total assets decreased from HKD 5,301,435,000 in 2023 to HKD 4,631,770,000 in 2024, a reduction of approximately 12.6%[11] - The company's equity attributable to shareholders decreased from HKD 5,210,647,000 in 2023 to HKD 4,541,247,000 in 2024, reflecting a decline of about 12.8%[11] - The net asset value per share decreased to HKD 133.69 from HKD 153.36, representing a 13% decline year-over-year[3] - The group’s total equity as of December 31, 2024, was TWD 197,928,700,000, an increase from TWD 183,317,000,000 as of December 31, 2023[47] Fair Value and Investment Changes - The fair value changes of investment properties resulted in a non-cash loss of HKD 276,900,000, compared to a loss of HKD 75,600,000 in 2023, indicating a 266% increase in losses[4] - Total comprehensive income included a fair value loss of approximately HKD 458,800,000, contrasting with a fair value gain of HKD 130,700,000 in 2023[4] - The fair value loss on financial assets recognized through other comprehensive income was HKD 458,796,000 in 2024, compared to a gain of HKD 130,713,000 in 2023[9] - The investment portfolio increased by approximately 9.82% year-on-year, with total assets valued at HKD 4,129,000,000, accounting for 8.9% of the group's total assets[43] Cash and Liabilities - Cash and cash equivalents increased from HKD 125,278,000 in 2023 to HKD 205,359,000 in 2024, an increase of approximately 64%[11] - The company's total liabilities remained relatively stable, with a slight decrease from HKD 90,788,000 in 2023 to HKD 90,523,000 in 2024[11] - The group’s total liabilities amounted to HKD 90,523,000 as of December 31, 2024, with HKD 59,943,000 attributed to segment liabilities[24] Dividends and Income - The company declared a final dividend of HKD 0.70 per share, unchanged from the previous year, while the special dividend decreased by 33% to HKD 0.40[3] - The proposed final dividend for 2024 is HKD 0.70 per share, unchanged from 2023, while the special dividend is proposed at HKD 0.40 per share, down from HKD 0.60 per share in 2023, totaling HKD 37,365,000 compared to HKD 44,158,000 in the previous year[31][36] - Rental income from investment properties increased to HKD 63,531,000 in 2024, up 2.71% from HKD 59,886,000 in 2023[20] - Management fee income from investment properties increased to HKD 11,857,000, up 15.83% from HKD 10,235,000 in 2023[20] Operational Insights - The company did not have any bank borrowings as of December 31, 2024[4] - The company has not adopted any new accounting standards that would have a significant impact on its financial performance or position[14] - The company is currently evaluating the impact of new accounting standards and interpretations that will be effective from January 1, 2025, but does not anticipate any significant effects on its operations[15] - The group employed 13 employees as of December 31, 2024, maintaining the same number as the previous year[49] Joint Ventures and Market Position - The joint venture in Shanghai has its operational period extended until May 31, 2042, while the land use rights expired on May 31, 2022, and discussions with local partners are ongoing[41] - Despite local economic challenges, the joint venture in Shenzhen remains profitable, with a 45% equity stake and all assets leased to third parties[42] - The company holds 290,000 square feet of commercial space in Kwun Tong, with an occupancy rate of approximately 81.6% amid competitive market conditions[39] Risk Management - The company has no concentrated credit risk in trade receivables, ensuring a stable financial position[32] - Trade payables rose to HKD 59,003,000 in 2024 from HKD 57,267,000 in 2023, reflecting increased liabilities[33]

股份代號：212 Nanyang Holdings Limited 谈百慕建註冊成立右側公司 中期報告 2024 目 錄 頁數 集團財務摘要 1 管理層評論 2–7 未經審核簡明合併利潤表 8 未經審核簡明合併綜合收益表 9 未經審核簡明合併資產負債表 10 未經審核簡明合併權益變動表 11 未經審核簡明合併現金流量表 12 簡明合併中期財務資料附註 13–27 此文件備有英文及中文印刷本，並載於本公司網站http://www.nanyangholdingslimited.com。 集團財務摘要 | --- | --- | --- | --- | |---------------------------------------------|-------------------------------------------------------------------------|-----------------------------------|-----------| | 收入與其他收益 | 未經審核 \n截至六月三十日止六個月 \n二零二四年 \n港幣千元 \n144,185 | 二零二三年 \ ...

Financial Performance - For the six months ended June 30, 2024, the company reported a revenue of HKD 144,185,000, representing a 1% increase from HKD 142,565,000 in the same period of 2023[2] - The loss attributable to equity holders was HKD 43,740,000, a significant decline of 135% compared to a profit of HKD 125,809,000 in the prior year[3] - The company recorded a net loss of HKD 142,700,000 from changes in the fair value of investment properties, compared to a gain of HKD 28,700,000 in the previous year, marking a 597% change[3] - Basic loss per share was HKD (1.29), down from a profit of HKD 3.70 per share in the same period last year, reflecting a 135% decrease[3] - Excluding the impact of fair value changes in investment properties, the adjusted earnings per share was HKD 2.91, up 2% from HKD 2.86 in the previous year[3] - Total comprehensive income for the period attributable to equity holders was a loss of HKD 202,047,000, compared to a gain of HKD 165,780,000 in the prior year[4] - The total comprehensive expenses for the period amounted to HKD 202,000,000, compared to total comprehensive income of HKD 165,800,000 in the previous year[3] - The company's operating loss attributable to shareholders for the six months ended June 30, 2024, was HKD (43,740,000), compared to a profit of HKD 125,809,000 in 2023, indicating a significant decline[22] Assets and Liabilities - Total assets decreased to HKD 5,071,609,000 from HKD 5,301,435,000 as of December 31, 2023[5] - Total equity attributable to equity holders decreased to HKD 4,964,442,000 from HKD 5,210,647,000[5] - Total assets as of June 30, 2024, were HKD 5,071,609,000, with real estate assets accounting for HKD 2,294,883,000 and financial investments at HKD 2,690,435,000[14] - The total liabilities for the group as of June 30, 2024, were HKD 107,167,000, with total liabilities for the real estate segment at HKD 51,786,000 and financial investments at HKD 22,763,000[14] - The company’s liabilities totaled HKD 90,788,000 as of June 30, 2024, with segment liabilities of HKD 57,396,000[15] - The group's net current assets amounted to HKD 539,700,000 as of June 30, 2024, compared to HKD 483,500,000 as of December 31, 2023[35] Revenue Sources - Rental income from investment properties amounted to HKD 31,265,000 for the six months ended June 30, 2024, compared to HKD 29,300,000 in 2023, reflecting an increase of 6.71%[11] - The financial investment segment generated revenue of HKD 107,068,000, up from HKD 108,287,000 in the previous year, indicating a slight decrease of 1.12%[12] - The net gain from financial assets measured at fair value through profit or loss was HKD 22,653,000, compared to HKD 20,503,000 in 2023, marking an increase of 10.50%[11] - The financial income from bank interest for the six months ended June 30, 2024, was HKD 1,856,000, up from HKD 338,000 in 2023, showing an increase of 449.41%[18] Accounting and Compliance - The group has adopted new accounting standards effective January 1, 2024, but does not expect any significant impact on its financial performance[9] - The group has initiated an assessment of new accounting standards and amendments, with no major impact anticipated on its operations and financial condition[9] - The group confirmed that there were no significant changes to accounting policies that would materially affect its financial results[8] - The audit committee reviewed the group's accounting principles and practices, including the unaudited interim financial statements for the six months ending June 30, 2024[39] - The unaudited interim financial statements were reviewed by the external auditor according to the Hong Kong Institute of Certified Public Accountants' standards[39] Investments and Market Position - The investment portfolio, including cash, increased by approximately 6% as of June 30, 2024, with total assets amounting to HKD 419,800,000, representing 8.3% of the group's total assets[32] - The group recorded a net realized and unrealized gain of HKD 22,700,000 (approximately USD 2,900,000) and investment income of HKD 2,700,000 (approximately USD 300,000)[32] - The group holds 190,585,095 shares in Shanghai Commercial & Savings Bank, representing about 3.9% of its issued share capital, valued at HKD 2,075,600,000, which constitutes approximately 41% of the group's total assets[34] - Shanghai Commercial & Savings Bank reported a net profit attributable to its owners of TWD 5,802,900,000 for the six months ended June 30, 2024, compared to TWD 9,769,800,000 for the same period in 2023[35] - The group has reduced its investment in emerging market equities while increasing its holdings in investment-grade U.S. bonds[32] - The investment portfolio has risen by 8% year-to-date as of August 15, 2024, with a total value of approximately USD 57,800,000 or HKD 450,800,000[33] Operational Aspects - The company is actively providing flexible leasing terms and competitive rental prices to retain existing tenants and attract new ones in a challenging real estate market[29] - The rental rate for the company's 290,000 square feet of commercial space in Hong Kong is currently 83.7%[29] - The group employed 13 employees as of June 30, 2024, consistent with the previous year[36] - The company did not declare an interim dividend for the six months ended June 30, 2024, consistent with the previous year[28]

Financial Performance - The company recorded a profit attributable to equity holders of HKD 49,000,000 for the year ended December 31, 2023, compared to HKD 12,300,000 in 2022, representing a significant increase[103]. - The profit for 2023 includes dividend income of approximately HKD 67,100,000 from Shanghai Commercial Bank, net gains of HKD 35,700,000 from financial assets, and a loss of HKD 75,500,000 from the fair value changes of investment properties[103]. - Excluding the net impact of fair value revaluation of investment properties, the profit attributable to equity holders would have been HKD 124,500,000, up from HKD 24,700,000 in 2022[103]. - Earnings per share for 2023 was HKD 1.44, compared to HKD 0.36 in 2022; excluding the fair value revaluation impact, earnings per share would be HKD 3.67, up from HKD 0.73 in 2022[103]. - The company's net asset value per share increased from HKD 149.12 as of December 31, 2022, to HKD 153.36 as of December 31, 2023[103]. - The total dividend distribution for the year is approximately HKD 44,200,000, with a final dividend of HKD 0.70 per share and a special dividend of HKD 0.60 per share, compared to HKD 34,000,000 in 2022[114]. - The company's revenue for the year 2023 was HKD 160,344,000, which serves as the basis for calculating energy, electricity, greenhouse gas, water, and waste density[185]. Corporate Governance - The board of directors held four meetings and one annual general meeting in 2023, with attendance rates for executive directors at 100% and independent non-executive directors averaging 67%[58]. - The audit committee reviewed the 2022 annual report and accounts, as well as the 2023 interim report and accounts, ensuring compliance and discussing financial reporting with external auditors[73]. - The company has a remuneration committee chaired by an independent non-executive director, with a 100% attendance rate for its members in the latest meetings[63]. - The board consists of over one-third independent non-executive directors, ensuring compliance with independence requirements set by the listing rules[55]. - Independent non-executive directors who have served for over nine years must be re-elected by shareholders, ensuring ongoing independence and objectivity[66]. - The board is satisfied with the effectiveness of the internal control system, ensuring reasonable assurance against significant misstatements or losses[78]. - The company revised its articles of association to align with listing rules and Bermuda applicable laws, approved by shareholders at the annual general meeting[101]. - The board leadership will transition on January 1, 2024, with a new chairman appointed to enhance governance[63]. Risk Management and Compliance - The board is responsible for overseeing the maintenance of effective risk management and internal control systems to protect the company's assets and shareholders' interests[95]. - The audit committee held two meetings in 2023 to review and monitor the financial reporting system and risk management[88]. - The company has established an insider information disclosure policy to ensure compliance with listing rules and regulations[79]. - The company has implemented an anti-corruption policy to promote a culture of integrity and compliance among employees, strictly prohibiting bribery and corruption[76]. - The company encourages employees and third parties to report any misconduct or fraud confidentially and anonymously[90]. - The company has established a complaint handling mechanism for its rental properties to collect and resolve customer issues[195]. Environmental, Social, and Governance (ESG) Initiatives - The board conducts annual assessments of the company's overall ESG performance and related climate issues[97]. - The company has set directional environmental goals to reduce carbon emissions in line with the Hong Kong government's carbon neutrality target by 2050[97]. - The company achieved a 34.0% reduction in energy consumption index as per the energy audit conducted by the Electrical and Mechanical Services Department[148]. - The company has implemented advanced lighting management systems with automatic timing controls to reduce energy consumption[148]. - The company has received ISO 14001 certification for its comprehensive ESG management system policy statement[148]. - The company is committed to sustainable business practices and has not encountered any violations related to gas emissions, wastewater discharge, or waste generation during the year[146]. - The company is focused on addressing emerging climate-related risks and developing mitigation and adaptation action plans[150]. - The company has invested in energy-saving initiatives, including replacing traditional fluorescent lights with energy-efficient LED lights[148]. - The company conducts annual high-level risk assessments to identify corporate risks, including ESG-related issues[155]. - The company aims to maintain open and transparent communication with stakeholders to understand their expectations and address their concerns[156]. - The company is committed to reducing water consumption and regularly conducts building water usage assessments to prevent unnecessary leaks[181]. - The company has implemented emergency plans to address climate disasters, ensuring clear guidelines for relevant departments and property management teams[178]. - The company prioritizes sustainable procurement by evaluating suppliers' compliance with social standards and environmental performance[194]. - The company aims to incorporate environmental factors into its procurement process, prioritizing eco-friendly materials and suppliers[194]. Employee and Director Development - The company emphasizes continuous professional development for all directors to stay informed about updates to listing rules and corporate governance codes[60]. - The company secretary has completed no less than 15 hours of relevant professional training as of December 31, 2023[98]. - The company provides diverse internal and external training courses for management to keep up with the latest market knowledge[191]. - The company plans to invite representatives from the Independent Commission Against Corruption for regular employee training to enhance awareness of anti-corruption practices[145]. Supplier and Customer Relations - The largest supplier accounted for 68% of the total purchases, while the top five suppliers collectively represented 90% of the total purchases, indicating a high concentration of supplier dependency[48]. - The nomination committee has established diversity policies to evaluate the suitability of proposed candidates based on various criteria[85]. - There were no complaints regarding privacy breaches or personal data loss reported during the year[196]. - The company is committed to safeguarding customer privacy and handling personal data with strict confidentiality[196]. - The company has a zero-tolerance policy for child labor and forced labor, ensuring strict measures are in place to prevent such violations[192].

Financial Performance - For the fiscal year ending December 31, 2023, the company reported a profit attributable to shareholders of HKD 49,000,000, a significant increase from HKD 12,300,000 in 2022, representing a 299% growth[10]. - Total revenue and other income for 2023 amounted to HKD 196,014,000, up 106% from HKD 95,070,000 in 2022[9]. - The company's basic earnings per share increased to HKD 1.44 in 2023, compared to HKD 0.36 in 2022, marking a 300% increase[10]. - The company recorded a gross profit of HKD 175,865,000 in 2023, compared to HKD 76,754,000 in 2022, indicating a substantial improvement[4]. - The company reported a net profit of HKD 48,961,000 for 2023, significantly up from HKD 12,268,000 in 2022, marking a year-over-year increase of 299.5%[23]. - The company's profit attributable to equity holders was HKD 48,961,000 in 2023, compared to HKD 12,268,000 in 2022, representing a growth of 299%[48]. - Basic earnings per share increased to HKD 1.44 in 2023 from HKD 0.36 in 2022, reflecting a substantial improvement in profitability[48]. Dividends - The company declared a special dividend of HKD 0.30 per share for 2023, while the total dividend was HKD 1.00 per share[9]. - Proposed final dividend per share for 2023 is HKD 0.70, with a special dividend of HKD 0.60, totaling approximately HKD 44,200,000, up from HKD 34,000,000 in 2022[52]. Assets and Liabilities - The company’s total equity increased to HKD 5,210,647,000 in 2023 from HKD 5,065,258,000 in 2022[14]. - Total assets as of December 31, 2023, amounted to HKD 5,301,435,000, an increase from HKD 5,158,336,000 in 2022, reflecting a growth of 2.8%[24]. - Total liabilities decreased slightly to HKD 90,788,000 in 2023 from HKD 93,078,000 in 2022, a reduction of 2.5%[25]. - The company’s total liabilities were reported at HKD 93,078,000, with segment liabilities in real estate at HKD 51,026,000 and financial investments at HKD 5,243,000[40]. Comprehensive Income - Other comprehensive income included a fair value gain of approximately HKD 130,700,000, a turnaround from a fair value loss of HKD 363,300,000 in 2022[10]. - The company’s other comprehensive income for 2023 was HKD 130,396,000, a significant recovery from a loss of HKD 366,394,000 in 2022[23]. Revenue Sources - The contribution from individual customers accounted for less than 10% of total revenue in 2023, indicating a diversified revenue base[32]. - The company’s revenue from real estate and financial investments totaled HKD 95,070,000 for the year, with real estate contributing HKD 78,128,000 and financial investments contributing HKD 16,942,000[35]. - Total rental income from investment properties for 2023 was HKD 59,886,000, a decrease of 10.8% from HKD 66,809,000 in 2022[21]. Investment Performance - Investment income from financial assets measured at fair value through profit or loss increased to HKD 4,753,000 in 2023 from HKD 3,398,000 in 2022, representing a growth of 39.9%[21]. - The investment portfolio, including cash, increased by approximately 10.1% year-on-year, totaling HKD 405,200,000, which accounts for 7.6% of total assets[73]. - The investment in Shanghai Commercial & Savings Bank is valued at HKD 2,234,300,000, representing about 42.1% of total assets[74]. Operational Metrics - The company’s operating profit for 2023 was HKD 65,546,000, up from HKD 35,081,000 in 2022[4]. - Operating profit before tax was HKD 70,429,000, with tax expenses amounting to HKD 21,468,000, resulting in a net profit of HKD 48,961,000[54]. - The company incurred depreciation expenses of HKD 3,496,000 for right-of-use assets and HKD 46,000 for property, machinery, and equipment in 2023[42]. Employee and Governance - As of December 31, 2023, the company has 13 employees, an increase from 12 in 2022[77]. - The company has adopted the corporate governance code as per the listing rules and confirmed compliance as of December 31, 2023[79]. Market Conditions and Strategy - The company has significantly lowered rental prices and offered extended rent-free periods to attract new tenants and retain existing ones[87]. - The company is cautiously optimistic about the second half of 2024, anticipating a potential interest rate cut in the U.S. and a stabilization of the Chinese economy due to government support for the real estate sector[91]. - The company has reduced investments in China/Hong Kong stocks and increased investments in India due to geopolitical issues and market volatility[91]. - The company’s financial investments are influenced by geopolitical factors, including the ongoing conflicts in Europe and the Middle East[91].

Financial Performance - The company reported a profit attributable to equity holders of HKD 125,809 for the six months ended June 30, 2023, compared to a loss of HKD 10,314 in the same period of 2022, indicating a significant turnaround [13]. - Basic earnings per share for the six months ended June 30, 2023, was HKD 3.70, compared to a loss per share of HKD 0.30 for the same period in 2022 [13]. - Total revenue and other income for the six months ended June 30, 2023, was HKD 142,565,000, significantly higher than HKD 55,552,000 in 2022 [29]. - Revenue and other income increased by 157% to HKD 142,565,000 from HKD 55,552,000 year-on-year [68]. - The company reported a net profit of HKD 125,809,000 for the six months ended June 30, 2023 [126]. - The total comprehensive income for the six months ended June 30, 2023, was HKD 165,780,000, compared to HKD 106,695,000 for the same period in the previous year [113]. Assets and Liabilities - As of June 30, 2023, total assets amounted to HKD 5,307,185, an increase from HKD 5,158,336 as of December 31, 2022, representing a growth of approximately 2.9% [4]. - The company’s total liabilities as of June 30, 2023, were HKD 110,115, compared to HKD 93,078 as of December 31, 2022, indicating an increase of approximately 18.3% [4]. - Total equity increased to HKD 5,197,070,000 from HKD 5,065,258,000 year-on-year [108]. - The company’s total liabilities related to deferred tax increased slightly from HKD (27,520,000) to HKD (28,172,000) year-over-year [152]. Revenue Sources - Total revenue from Hong Kong was HKD 2,530,750 for the six months ended June 30, 2023, compared to HKD 2,501,510 for the same period in 2022, reflecting a slight increase of 1.2% [7]. - The real estate segment generated revenue of HKD 34,691,000, while the financial investment segment contributed HKD 107,874,000, indicating a strong performance in financial investments [31]. - Total rental income from investment properties for the six months ended June 30, 2023, was HKD 29,300,000, a decrease from HKD 34,660,000 in 2022 [29]. Investment Performance - Investment properties were valued at HKD 2,525,000 as of June 30, 2023, up from HKD 2,494,000 as of December 31, 2022, showing an increase of approximately 1.2% [19]. - The investment portfolio increased by approximately 6.6% year-to-date, with a total value of about USD 51,000,000 or HKD 399,300,000 as of August 14, 2023 [51]. - The company recorded a net gain of HKD 28,703,000 from changes in the fair value of investment properties, compared to a loss of HKD 21,819,000 in the prior year [69]. Employee and Financial Management - Employee benefit expenses, including directors' remuneration, increased to HKD 13,003 for the six months ended June 30, 2023, from HKD 11,873 in the same period of 2022, marking an increase of approximately 9.5% [8]. - The financial expenses for the period included a total of HKD 338,000, with a financial income of HKD 89,000, reflecting a careful management of financial resources [31]. - The company has adopted new accounting standards effective January 1, 2023, which are not expected to have a significant impact on its financial performance [37]. Dividends and Shareholder Returns - The company did not declare an interim dividend for the six months ended June 30, 2023, consistent with the previous year [15]. - The company paid dividends of HKD 33,968,000 during the period, compared to HKD 47,555,000 in the previous year [90]. - The company received a net cash dividend of approximately HKD 67,200,000 from Shanghai Commercial & Savings Bank, reflecting a stable income source [72]. Market Outlook and Strategic Initiatives - The company anticipates that economic measures taken by Chinese authorities may support market conditions, reflecting a cautious optimism for future growth [51]. - The company is in discussions with its Chinese joint venture partner regarding the continuation of operations at a site where land use rights have expired, indicating potential for future operational stability [48]. - The group is assessing the impact of new accounting standards effective from January 1, 2024, but does not expect significant operational impact [3].

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佈之內容概不 負責，對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公佈 全部或任何部份內容而產生或因倚賴該等內容而引致之任何損失承擔任何責 任。 NANYANG HOLDINGS LIMITED （於百慕達註冊成立之有限公司） （股份代號：212） 二 零 二 三 年 中 期 業 績 公 佈 集 團 財 務 摘 要 未經審核 截至六月三十日止六個月 二零二三年 二零二二年 變動 港幣千元 港幣千元 收入與其他收益╱（虧損） 142,565 55,552 157% 本公司股權持有人應佔溢利╱（虧損） 125,809 (10,314) 1,320% 本公司股權持有人應佔溢利經 扣除： －投資物業公平值之變動及 相關稅務影響 (28,703) 21,819 (232%) ...

Financial Performance - The company reported a net profit attributable to its owners of approximately NT$14,937,900,000 for the year ended December 31, 2022, compared to NT$14,255,600,000 for the same period in 2021, representing an increase of about 4.8%[53]. - Revenue for the year ended December 31, 2022, was HKD 95,070,000, a decrease of 51% compared to HKD 195,501,000 in 2021[126]. - Profit attributable to equity holders for 2022 was HKD 12,268,000, down 94% from HKD 190,717,000 in 2021[126]. - Earnings per share for 2022 was HKD 0.36, a decline of 94% from HKD 5.59 in 2021[126]. - Operating profit for 2022 was HKD 35,081,000, down 82.6% from HKD 201,165,000 in 2021[133]. - Total assets decreased to HKD 5,065,258,000 in 2022 from HKD 5,466,939,000 in 2021, reflecting a reduction of 7.3%[133]. - The company reported a pre-tax profit of HKD 35,141,000 in 2022, down 83.5% from HKD 212,240,000 in 2021[133]. - The net asset value per share decreased by 7% to HKD 149.12 from HKD 160.95 in 2021[126]. Investment Portfolio - As of March 21, 2023, the investment portfolio has increased by approximately 1.9% year-to-date, with a market value of about $47.6 million or HKD 373 million[22]. - The investment portfolio's asset allocation and performance are regularly reviewed to evaluate new investment opportunities[25]. - The company reported a significant change in the fair value of investment properties, with a gain of HKD 12,426,000 in 2022 compared to a loss of HKD 69,297,000 in 2021, representing a 118% improvement[126]. - Investment properties stood at HKD 2,494,000,000 in 2022, slightly down from HKD 2,499,000,000 in 2021[133]. Corporate Governance - The board of directors is responsible for leading and overseeing the company’s affairs to ensure business success[178]. - The company has established effective mechanisms to ensure the independence of its board, which is crucial for good corporate governance[179]. - The board of directors is committed to promoting good corporate governance to protect shareholder interests and enhance group performance[199]. - The company has complied with the corporate governance code as per the Hong Kong Stock Exchange listing rules throughout the year[199]. - The board has adopted an anti-corruption policy to promote a culture of integrity and compliance within the organization[96]. Environmental and Social Responsibility - The board is committed to monitoring risks and opportunities related to climate change and has established environmental goals to reduce carbon emissions[31]. - The company aims to achieve carbon neutrality by 2050 in line with the government's climate action blueprint[31]. - The company has implemented various energy-saving measures, including upgrading to advanced lighting management systems and replacing traditional fluorescent lights with energy-efficient LED lights to reduce greenhouse gas emissions[38]. - Total greenhouse gas emissions decreased from 2,336.62 tons CO2 equivalent in 2021 to 2,173.04 tons CO2 equivalent in 2022, representing a reduction of approximately 7.0%[72]. - Total energy consumption decreased from 3,291,705.41 kWh in 2021 to 3,087,278.49 kWh in 2022, a decline of about 6.2%[72]. - The company is committed to reducing water consumption and has been conducting regular assessments and tests to prevent unnecessary leaks, with a long-term goal of further decreasing water usage[42]. - The group aims to reduce waste in its offices by promoting recycling and responsible office practices, following the "4Rs" principle (Reduce, Reuse, Repair, Recycle)[82]. Employee Welfare and Development - The company has been providing additional allowances and health measures for employees, including masks and hand sanitizers, to ensure their well-being during the pandemic[55]. - The company has implemented a five-day work week to promote work-life balance among employees[76]. - The company has been enhancing its awareness of business ethics among directors and employees through training materials and regular sessions with representatives from the Independent Commission Against Corruption[35]. - The group emphasizes talent development, providing various training courses for management and non-management employees to enhance their skills and knowledge[100]. Shareholder Information - The company plans to distribute a final dividend of HK$0.70 per share and a special dividend of HK$0.30 per share, totaling approximately HK$34,000,000, compared to HK$47,600,000 in the previous year[49]. - The company has adopted a dividend policy allowing for cash or other appropriate means to distribute dividends to shareholders, with the board having discretion over any proposed dividends[168]. - The company confirmed that its public float exceeded 25% as of March 22, 2023, consistent with the previous year[174]. - The company will review its dividend policy based on factors such as shareholder interests and cash dividends received from subsidiaries[191].

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佈的內容概不 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。 NANYANG HOLDINGS LIMITED （於百慕達註冊成立之有限公司） （股份代號：212） 二 零 二 二 年 度 末 期 業 績 公 佈 集 團 財 務 摘 要 二零二二年 二零二一年 變動 港幣千元 港幣千元 收入與其他（虧損）╱收益 95,070 195,501 (51%) 本公司股權持有人應佔溢利 12,268 190,717 (94%) 本公司股權持有人應佔溢利 經扣除： －投資物業公平值之變動及 相關稅務影響 12,426 (69,297) (118%) 24,694 121,420 (80%) 二零二二年 二零二一年 港元 港元 每股溢利 0.36 5.59 (94%) ...