2024 中期報告 | --- | --- | |-----------------------------------|-----------------------------------------------------| | | | | 公司資料 | | | 董事會 | 核數師 | | 執行董事 | 鄭鄭會計師事務所有限公司 | | 吳汪靜宜， 主席 | | | 吳繼煒， 副主席 | 註冊辦事處 | | 吳繼泰， 董事總經理 | | | 吳燕安 | Victoria Place, 5th Floor | | 李錦鴻 | 31 Victoria Street Hamilton HM 10, Bermuda | | 獨立非執行董事 | | | 張惠彬博士，太平紳士 | 香港主要辦事處 | | 葉天賜 | 香港 | | 陳智文 | 銅鑼灣 | | 陳健 | 怡和街 68 號 | | 審核委員會 | 18 樓 | | | | | 主席 | 百慕達股份過戶登記處 | | 張惠彬博士，太平紳士， | | | | | | 葉天賜 | | | | MUFG Fund Services (Bermuda) Limit ...

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 就 因 本 公 告 之全部或任何部分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。 PIONEER GLOBAL GROUP LIMITED 建生國際集團有限公司* （於百慕達註冊成立之有限公司） （股份代號：00224） 截至二零二四年九月三十日止 六個月之中期業績 建生國際集團有限公司（「本 公 司」）董事會欣然宣佈本公司及其附屬公司（統 稱 「本 集 團」）截至二零二四年九月三十日止六個月之未經審核簡明綜合中期業 績，連 同 二 零 二 三 年 同 期 之 比 較 數 字 如 下： 簡明綜合損益表 | --- | --- | --- | --- | |--------------|--------|------------------------------------------------------------------|-------------------------------------| | | 附 註 ...

於二零二三年七月，香港會計師公會刊發《香港廢除強積金－長期服務金抵銷機制的會計影 響》，為抵銷機制的會計處理及香港廢除強積金－長期服務金抵銷機制所產生的影響提供指引。 有鑒於此，本集團已追溯實施香港會計師公會頒佈的有關長期服務金責任的指引，以提供有關 抵銷機制及廢除影響的更可靠及更相關的資料。根據管理層的評估，對綜合財務報表的影響並 不重大。 52 建生國際集團有限公司 截至二零二四年三月三十一日止年度 綜合財務報表附註 1. 重大會計政策（續） (c) 編製財務報表之基準 截至二零二四年三月三十一日止年度之綜合財務報表乃包括本公司及其附屬公司之財務報表以 及本集團於聯營公司之權益。 本財務報表乃以歷史成本作為編製基準，惟如下列會計政策所闡述，投資物業及於各報告期末 按公平值列賬之部分金融工具除外。 歷史成本一般以換取貨品及服務之代價的公平值為基準。 公平值為於計量日市場參與者於有秩序交易中出售資產可收取或轉讓負債須支付的價格，而不 論該價格是否可直接觀察或使用其他估值方法估計得出。於估計資產或負債的公平值時，本集 團會考慮市場參與者於計量日對資產或負債定價時所考慮的資產或負債特點。該等綜合財務報 表中作為計 ...

截至二零二四年三月三十一日止年度業績公告 收 入 PIONEER GLOBAL GROUP LIMITED 建生國際集團有限公司* （於 百 慕 達 註 冊 成 立 之 有 限 公 司） （股 份 代 號：00224） 綜合損益表 | --- | |-------| | | | | | | | | | | | | 3、4 | --- | --- | --- | --- | |-----------------------------------------------------------------------------|---------|------------------------------------------------|-----------------------| | | 附 註 | 截至三月三十一日止年度 二零二四年 \n港幣千元 | 二零二三年 \n港幣千元 | | 經營溢利 | 3 | 174,511 | 157,561 | | 應佔聯營公司之業績 | | (102,027) | 5,264 | | 投資物業公平值之變動 | | (12,000) | 5,972 | | 按公 ...

Revenue and Profit Performance - Revenue for the six months ended September 30, 2023, was HKD 125,427 thousand, compared to HKD 118,089 thousand in the same period last year[16] - Net profit attributable to shareholders was HKD 18,098 thousand, a significant increase from HKD 2,821 thousand in the prior year[16] - Net profit for the six months ended September 30, 2023, was HK$27,579 thousand, compared to HK$11,818 thousand in the same period last year, representing a significant increase[38] - The group's revenue for the six months ended September 30, 2023, increased by 6.2% to HKD 125,400,000 compared to HKD 118,100,000 in the same period last year[112] - The group's net profit for the six months ended September 30, 2023, was HKD 27,600,000, compared to HKD 11,800,000 in the same period last year[112] - Total revenue for the period was HKD 125,427 thousand in 2023, up from HKD 118,089 thousand in 2022[80] - Profit before tax decreased to HKD 8,705 thousand in 2023 from HKD 19,473 thousand in 2022[80] Operating Profit and Earnings - Operating profit for the period was HKD 86,602 thousand, up from HKD 81,247 thousand in the previous year[16] - Earnings per share for the period were HKD 1.57, compared to HKD 0.24 in the same period last year[16] - The group's operating profit for the six months ended September 30, 2023, increased by 6.7% to HKD 86,600,000 compared to HKD 81,200,000 in the same period last year[112] Assets and Liabilities - Total assets as of September 30, 2023, were HKD 11,116,561 thousand, slightly down from HKD 11,140,635 thousand as of March 31, 2023[19] - Total liabilities decreased to HKD 2,441,898 thousand from HKD 2,469,122 thousand as of March 31, 2023[19] - The company's total equity and liabilities stood at HKD 11,116,561 thousand as of September 30, 2023[19] - The company's total assets as of September 30, 2023, were HK$11,116,561 thousand, slightly lower than HK$11,140,635 thousand as of March 31, 2023[47] - The company's total liabilities as of September 30, 2023, were HK$2,441,898 thousand, compared to HK$2,467,075 thousand as of March 31, 2023[47] - Total assets decreased slightly from HKD 11,140,635 thousand in 2022 to HKD 11,116,561 thousand in 2023[53] - The company's equity attributable to shareholders was HK$8,668 thousand as of September 30, 2023[38] - The company's equity in associates decreased to HKD 861,752 thousand as of September 30, 2023, from HKD 917,744 thousand as of March 31, 2023[92] - Supreme Key Limited's net asset value decreased to HKD 740,451 thousand as of September 30, 2023, from HKD 896,814 thousand as of March 31, 2023[97] - The company's investment in associates had a carrying amount of HKD 1,873,580 as of September 30, 2023[190] Cash Flow and Financial Activities - Cash and bank balances dropped from HKD 262,773 thousand in 2022 to HKD 214,873 thousand in 2023, a decrease of 18.2%[53] - Net cash used in financing activities increased significantly from HKD 29,343 thousand in 2022 to HKD 56,773 thousand in 2023[59] - Operating cash flow from business activities decreased to HKD 69,454 thousand in 2023 from HKD 81,870 thousand in 2022[78] - Net cash used in investing activities was HKD 61,432 thousand in 2023, compared to a net cash inflow of HKD 11,492 thousand in 2022[78] - The group's cash and bank balances as of September 30, 2023, were HKD 214,900,000, compared to HKD 262,800,000 as of March 31, 2023[115] - Cash and cash equivalents decreased to HKD 205,926 thousand as of September 30, 2023, from HKD 254,706 thousand as of March 31, 2023[94] Investments and Associates - The company's equity in associates was HKD 222,135 thousand, representing 30.0% of the associates' net assets[11] - The company's investment in associates was HK$2,594,524 thousand as of September 30, 2023, slightly higher than HK$2,584,702 thousand as of March 31, 2023[47] - The group's investment in Supreme Key Limited had a total investment cost of HKD 1,784,449,000 as of September 30, 2023, compared to HKD 1,718,656,000 as of March 31, 2023[105] - The group's investment in the Shanghai Xianle Plaza property recorded a fair value loss of HKD 2,900,000 as of September 30, 2023, compared to a loss of HKD 19,700,000 in the same period last year[113] - The company's hotel investments are made entirely through associates[192] Financial Instruments and Risk Management - The company's financial instruments are classified into three levels based on the observability of fair value measurement parameters[23] - The company's financial risk management policies and procedures remained unchanged from the previous year[46] - The company's financial liabilities are denominated in HKD, with investments in Thailand, China, and Japan valued at HKD 350,700,000, HKD 217,600,000, and HKD 99,600,000 respectively as of September 30, 2023[141] Dividends and Shareholder Equity - The company did not recommend any interim dividend for the period ended September 30, 2023[2] - The company's board of directors does not recommend the payment of any interim dividend for the six months ended September 30, 2023[197] - The company's total equity interests held by directors and their families amounted to 45.81% for Wu Wang Jingyi, 10.17% for Wu Jitai, and 1.79% for Wu Yanan[145] Interest and Financing - Interest paid more than doubled from HKD 21,169 thousand in 2022 to HKD 56,590 thousand in 2023[59] - Bank loan interest expenses rose significantly to HKD 56,761 thousand in 2023 from HKD 21,922 thousand in 2022[87] - The group's bank loans as of September 30, 2023, were HKD 2,281,000,000, with HKD 300,000,000 at fixed interest rates and the remainder at floating rates[116] - The group's actual annual interest rate on bank loans as of September 30, 2023, was 5.80%, compared to 4.10% as of March 31, 2023[109] - Total bank borrowings as of September 30, 2023, amounted to HKD 2,281,000,000, with HKD 1,263,500,000 due within one year[174] - The company's total debt to total assets ratio was 20.5%, and the net debt to total assets ratio was 18.6% as of September 30, 2023[174] Property and Rental Income - Investment properties increased marginally from HKD 7,903,300 thousand in 2022 to HKD 7,928,400 thousand in 2023[54] - Rental income from property leases increased from HKD 94,135 thousand in 2022 to HKD 96,020 thousand in 2023[76] - Revenue from property management services increased to HKD 20,153 thousand in 2023 from HKD 16,773 thousand in 2022[87] - The occupancy rate of Kin Sang Plaza in Hong Kong increased to 76% in September 2023 from 58% in September 2022, contributing rental and related income of HKD 24,000,000 and a fair value increase of HKD 10,000,000[125] - The property at 68 Yee Wo Street, Causeway Bay, Hong Kong, with a 60% stake, achieved an occupancy rate of 86% in September 2023, up from 81% in September 2022, generating rental and related income of HKD 49,800,000 and a fair value increase of HKD 3,000,000[125] - The commercial platform at 115-119 Queen's Road West, Sai Ying Pun, Hong Kong, maintained a 100% occupancy rate, contributing rental and related income of HKD 10,600,000 and a fair value increase of HKD 4,000,000[126] - The company's investment property in Central Hong Kong, the Western Club Building (80,100 sq. ft.), maintained a stable occupancy rate of 96%, contributing rental and related income of HKD 30,700,000 and a fair value increase of HKD 10,000,000 for the six months ended September 30, 2023[191] - The company's investment in Taikoo Shing Centre Phase 3 (half) and Phase 4, with a total gross floor area of 792,780 sq. ft., recorded a fair value loss of HKD 4,000,000 due to the decline in valuations in the Hong Kong office sector[195] Comprehensive Income and Expenses - Other comprehensive expenses for the period were HK$24,429 thousand, a decrease from HK$104,912 thousand in the previous year[38] - Total comprehensive income for the period was HK$3,150 thousand, a significant improvement from a loss of HK$93,094 thousand in the same period last year[38] - The company's total tax expense for the six months ended September 30, 2023, was HKD 18,874,000, compared to HKD 7,655,000 for the same period in 2022[188] - The company's total deferred tax liabilities decreased by HKD 20,835,000 for the six months ended September 30, 2023, compared to an increase of HKD 1,883,000 for the same period in 2022[188] Employee Costs and Compensation - Employee costs (including directors' remuneration) rose from HKD 6,162 thousand in 2022 to HKD 6,799 thousand in 2023, an increase of 10.3%[76] - The company's salary and bonus policies ensure competitive compensation for its 18 employees as of September 30, 2023[175] Guarantees and Commitments - The company guaranteed HKD 1,879,800,000 in bank financing for a subsidiary as of September 30, 2023[156] - The company's total guarantees and commitments amounted to HKD 1,910,445 as of September 30, 2023, including guarantees for utilized bank financing of subsidiaries and future minimum lease payments for land and buildings[200] - The company's total guarantees for utilized bank financing of subsidiaries remained unchanged at HKD 1,879,800 as of September 30, 2023[200] International Operations and Investments - The Shanghai Jia Hua Center in China, with a 7.7% stake, had a 94% occupancy rate and recorded a profit of HKD 4,900,000 before exchange differences[127] - The three commercial buildings in Tokyo, Japan, with a 5.1% stake, had occupancy rates of 78%, 91%, and 100%, and recorded a loss of HKD 11,100,000 due to yen depreciation[127] - The Pullman Bangkok Hotel G in Thailand, with a 49.5% stake, recorded revenue of THB 237,600,000 (HKD 51,700,000) and operating profit of THB 63,600,000 (HKD 13,800,000), with an average occupancy rate of 71%[128] - The Pullman Pattaya Hotel G in Thailand, with a 49.5% stake, recorded revenue of THB 186,300,000 (HKD 40,500,000) and operating profit of THB 58,300,000 (HKD 12,700,000), with an average occupancy rate of 77%[128] - The Regent Hong Kong, with a 30% stake, achieved an average occupancy rate of 55% and an average daily room rate of HKD 4,485, generating revenue of HKD 197,200,000 and an operating loss of HKD 60,700,000[139] - The company's two hotels in Thailand (Bangkok and Pattaya) returned to operating profit and continued to grow, with Thailand's tourism recovering to over 18 million visitors in the first eight months of 2023[151] Market and Economic Outlook - The company is optimistic about the recovery of the luxury hotel industry and expects the Regent Hong Kong's revenue to reach or exceed pre-COVID levels soon, with continued improvement in the performance of Thai hotels[140] - The company's financial performance is influenced by global economic uncertainties, geopolitical challenges, and high-interest rates, with no immediate growth drivers replacing the financial sector in Hong Kong[173] Shareholdings and Subsidiaries - The company's total number of ordinary shares outstanding is not explicitly stated, but significant shareholdings include Eternity Rich Investments Ltd. with 20,699,216 shares and Prosperous Island Limited with 97,324,936 shares[178][181] - The company's subsidiary, Supreme Key Limited, invested in the renovation of The Regent Hong Kong (formerly The InterContinental Hong Kong), which partially reopened in December 2022[163] Accounts Receivable and Payables - The company's accounts receivable, advances, and prepayments totaled HKD 26,477,000 as of September 30, 2023, primarily consisting of rental income[150] - The group's total payable accounts and other payables as of September 30, 2023, were HKD 46,686 thousand, compared to HKD 57,905 thousand as of March 31, 2023[101] Capital Expenditures and Investments - Capital expenditures decreased significantly from HKD 7,897 thousand in 2022 to HKD 719 thousand in 2023[73] - Investment properties with a carrying value of HKD 7,852,100,000 were pledged as collateral for bank loans of HKD 2,281,000,000[155] Interest Income and Expenses - Interest income surged from HKD 1,326 thousand in 2022 to HKD 4,566 thousand in 2023, a 244.3% increase[76] - Interest income from financial assets measured at amortized cost increased to HKD 4,566 thousand in 2023 from HKD 1,305 thousand in 2022[87] Hong Kong and Overseas Revenue - Hong Kong revenue increased to HKD 120,722 thousand in 2023 from HKD 116,734 thousand in 2022, while overseas revenue rose to HKD 4,705 thousand from HKD 1,355 thousand[81]

其 他 全 面 開 支： 其 後 不 會 重 新 分 類 至 損 益 之 項 目： 指定為按公平值計入其他全面收益（「按 公 平 值 計 入 其 他 全 面 收 益」）之股本工具 投資之公平值變動 (7,717) (32,144) 流動資產 應 收 賬 款、墊 款 及 預 付 款 10 26,477 26,960 可收回稅項 841 942 現金及銀行結存 214,873 262,773 1. 編製基準 截至二零二三年九月三十日（二 零 二 二 年 九 月 三 十 日）止六個月 二零二三年 二零二二年 9. 每股盈利 應付賬款及其他應付款項（於 一 年 內 到 期） 已收租賃按金 13,926 22,936 應計費用及其他應付款項 28,043 29,378 應付賬款 4,717 5,591 就 香 港 而 言，中 國 經 濟 復 甦 慢 於 預 期，加 上 地 緣 政 治 因 素，對 商 業 寫 字 樓 行 業 尤 其 構 成 挑 戰。由 於 沒 有 明 確 的 經 濟 驅 動 力，跨 國 公 司 對 在 香 港 發 展 的 需 求 很 少。因 此，香 港 商 業 寫 字 樓 市 場 受 到 打 擊，出 租 ...

截至二零二三年三月三十一日止年度 金融資產的分類及其後計量 符合以下條件之金融資產其後按公平值計入其他全面收益計量： 金融資產於下列情況分類為持作買賣： 二零二二/二零二三年年報 57 (i) 金融工具（續） (i) 攤銷成本及利息收入 58 建生國際集團有限公司 (i) 金融工具（續） (iii) 指定為按公平值計入其他全面收益之股本工具 (iv) 按公平值計入損益之金融資產 預期信貸虧損（「預期信貸虧損」）模式下之金融資產減值 二零二二/二零二三年年報 59 1. 主要會計政策（續） 預期信貸虧損（「預期信貸虧損」）模式下之金融資產減值（續） 於評估信貸風險是否自初始確認以來大幅增加時，本集團比較金融工具於報告日期發生違約 的風險與該金融工具於初始確認日期發生違約的風險。在進行有關評估時，本集團會考慮合 理有據的定量及定性資料，包括在毋須付出過多成本或精力即可合理取得的過往經驗及前瞻 性資料。 • 信貸風險的外界市場指標重大惡化，例如信貸息差大幅增加、債務人的信貸違約掉期 價格； • 導致債務人在履行其債務責任的能力大幅下降的債務人的監管、經濟或技術環境的實 際或預期重大不利變動。 截至二零二三年三月三十 ...

建生國際集團有限公司（「本公司」）董事會欣然宣佈本公司及其附屬公司（統稱「本 集團」）截至二零二三年三月三十一日止年度之經審核綜合業績，連同二零二二年 同期之比較數字如下： PIONEER GLOBAL GROUP LIMITED 建生國際集團有限公司* （於百慕達註冊成立之有限公司） （股份代號：00224） 綜合損益表 1 2 截至三月三十一日止年度 二零二三年 二零二二年 港幣千元 港幣千元 其他全面收益╱（開支）： 其後不會重新分類至損益之項目： 指定為按公平值計入其他全面收益 （「按公平值計入其他全面收益」）之 股本工具投資之公平值變動 2,487 (11,582) 年內其他全面開支，除稅後 (27,286) (22,513) 應佔全面收益總額： 本公司股東 30,642 190,899 非控股權益 6,467 21,010 3 | --- | --- | --- | --- | |------------------------------------|-------|--------------------------------------|-------------------------- ...

PIONEER GLOBAL GROUP LIMITED 建 生 國 際 集 團 有 限 公 司 股份代號 : 00224 2022 中期報告 《 建生國際集團有限公司 | --- | --- | |-------------------------------------------|-----------------------------------------------------------------------------------------| | | | | 公司資料 | | | 董事會 | 核數師 | | 執行董事 | 鄭鄭會計師事務所有限公司 | | 吳汪靜宜， 主席 | | | 吳繼煒， 副主席 | 註冊辦事處 | | 吳繼泰， 董事總經理 | | | 吳燕安 | | | 李錦鴻 | Victoria Place, 5th Floor 31 Victoria Street | | 獨立非執行董事 | Hamilton HM 10, Bermuda | | 張惠彬博士，太平紳士 | | | | 香港主要辦事處 | | 葉天賜 | | | 陳智文 | 香港 | | | | | | 銅鑼 ...

PIONEER GLOBAL GROUP LIMITED 生 國 際 集 團 有 限 公 司 蓮 Stock Code 股份代號 : 00224 ANNUAL REPORT 2021/2022 年報 建生國際集團有限公司 《6 | --- | --- | --- | |-------|--------------------------|-------| | | | | | | | | | | | | | | 目錄 | | | | 公司資料 2 | | | | 董事總經理報告 3 | | | | | | | | 董事會報告 8 | | | | 董事履歷 18 | | | | | | | | 企業管治報告 22 | | | | | | | | 獨立核數師報告 33 | | | | 綜合損益表 39 | | | | 綜合損益及其他全面收益表 | 40 | | | 綜合財務狀況表 41 | | | | 綜合權益變動表 43 | | | | 綜合現金流量表 45 | | | | 綜合財務報表附註 48 | | | | 集團物業一覽表 123 | | | | 五年財務概要 124 | | 公司資料 | --- | -- ...