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。 LIPPO LIMITED 力 寶 有 限 公 司 （於香港註冊成立之有限公司） （股份代號：226） 有關須予披露之交易之 補充公告 茲提述本公司日期為 2024 年 11 月 20 日之公佈（「該公佈」），該公佈乃有關本公 司向 LAAPL 提供最高 70,000,000 港元之貸款，根據上市規則第十四章，提供貸款構 成本公司之須予披露之交易。除文義另有所指外，本公佈所用詞彙具有該公佈所界 定之相同涵義。 香港，2024 年 11 月 26 日 於本公佈日期，董事會由九名董事組成，包括執行董事李棕博士（主席）、李聯煒 先生（副主席）、李國輝先生（行政總裁）及李江先生，非執行董事李澤培先生及 陳念良先生，以及獨立非執行董事徐景輝先生、容夏谷先生及吳敏燕女士。 誠如該公佈所披露，LAAPL 之另一名股東為 Admiralty Station，該公司由 ASM Connaught House Fund L ...

須予披露之交易 提供貸款 提供貸款 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。 LIPPO LIMITED 力寶有限公司 （於香港註冊成立之有限公司） （股份代號：226） - 1 - | 提取︰ | LAAPL 必須向本公司發出一(1)個營業日之事先書 | | --- | --- | | | 面通知（除非獲本公司另行豁免）以提取貸款。 | | 利息： | 貸款按百分比率每年計息，該百分比率為(a)年利率 | | | 1.53%；及(b)可由 LAAPL 選定之相關利息期之適用 | | | 香港銀行同業拆息兩者之總和。利息期不得超過最 | | | 後到期日。 | | 最後到期日： | 除非本公司及 LAAPL 另行書面協定，否則 LAAPL | | | 須於提取日期起計滿三十六(36)個月當日償還貸款 | | | （連同其所有未償還之相應應計利息）。 | | 預付款項： | LAAPL 可隨時透過向本公司發出三(3)個營業日之 | | | 書面通 ...

Financial Performance - Revenue for the six months ended June 30, 2024, was HKD 410,008,000, an increase of 6.5% compared to HKD 386,902,000 in 2023[4] - Total profit for the period was HKD 266,153,000, up from HKD 232,056,000 in the previous year, representing a growth of 14.7%[4] - The company reported a loss before tax of HKD 589,718,000, compared to a loss of HKD 4,220,000 in 2023, indicating a significant decline[4] - The net loss for the period was HKD 594,847,000, compared to a loss of HKD 8,214,000 in the same period last year[5] - The company reported a pre-tax loss of HKD 51,822,000 for the six months ended June 30, 2024, compared to a pre-tax profit of HKD 28,927,000 for the same period in 2023[40] - The company reported a consolidated loss attributable to shareholders of HKD 437 million for the six months ended June 30, 2024, compared to a profit of HKD 3 million for the same period in 2023[83] Assets and Liabilities - The company's total assets decreased to HKD 13,177,521,000 from HKD 14,091,684,000, reflecting a decline of 6.5%[7] - Non-current assets amounted to HKD 12,842,119,000, down from HKD 14,343,414,000, a decrease of 10.5%[8] - The company’s total cash and cash equivalents at the end of the period stood at HK$435,647,000, down from HK$823,987,000 a year earlier[12] - Total liabilities as of June 30, 2024, were HKD 2,220,208,000, a slight increase from HKD 2,220,208,000 as of December 31, 2023[28] - The company's total bank loans amounted to HKD 1,740,447,000, an increase of 6.1% from HKD 1,640,297,000 as of December 31, 2023[53] - The equity attributable to the company's shareholders decreased to HKD 8.3 billion as of June 30, 2024, from HKD 9.1 billion as of December 31, 2023[103] Cash Flow - For the six months ended June 30, 2024, the company reported a cash flow from operating activities of (HK$6,933,000), a significant decrease compared to HK$348,000 in the same period of 2023[12] - Cash flow from financing activities showed an inflow of HK$5,466,000, contrasting with an outflow of (HK$39,020,000) in the same period last year[12] - The total cash and cash equivalents decreased by HK$15,841,000, compared to a decrease of HK$39,943,000 in the prior year[12] Segment Performance - The property investment segment generated a profit of HKD 42,962 million, while the property development segment reported a loss of HKD 3,414 million[24] - The food business segment achieved a revenue of HKD 347,617 million, reflecting a stable performance compared to the previous year[24] - The healthcare services segment did not report any revenue, indicating a focus on management services rather than direct sales[24] - The financial investment segment recorded a profit of HKD 3,544 million, and the securities investment segment reported a loss of HKD 45,737 million[24] Financing Costs - The company incurred financing costs of HKD 57,176,000, an increase from HKD 50,775,000 in 2023[4] - The company paid HK$54,347,000 in financing costs during the period, compared to HK$47,948,000 in the previous year[12] - The company incurred a total financing cost of HKD 19,216 million, which includes interest expenses across various segments[24] Shareholder Information - The company announced that no interim dividend will be paid for the six months ended June 30, 2024, consistent with the previous year[49] - The company's equity attributable to shareholders per share was calculated based on an average of approximately 493,154,000 ordinary shares for both 2024 and 2023[45] - The board has approved a dividend payout of HKD 0.50 per share, reflecting a commitment to returning value to shareholders[134] Corporate Governance - The company emphasizes its commitment to high-quality corporate governance practices to enhance investor confidence[130] - The audit committee has reviewed the accounting principles and practices adopted by the group for the interim financial report[129] - The company has complied with the corporate governance code provisions as of June 30, 2024[130] Market Outlook and Strategy - The company plans to expand its market presence in Singapore and Malaysia, with revenue from Singapore reaching HKD 221,151,000 for the six months ended June 30, 2024[33] - The company has identified new strategies for product development and market expansion, focusing on enhancing service offerings in the food sector[33] - The group anticipates stable global growth for the year, with Singapore's GDP growth forecast narrowed to between 2.0% and 3.0% for 2024[107] Employee Costs - Employee costs rose to HKD 163,518,000 in 2024, up from HKD 149,642,000 in 2023, indicating a 9.3% increase year-over-year[40] - The group employed 856 full-time employees as of June 30, 2024, an increase from 786 full-time employees a year earlier[106] Investment and Fair Value - The fair value of the company's equity interest in Healthway is HKD 475,000,000 as of June 30, 2024, down from HKD 489,000,000 as of December 31, 2023[100] - The fair value of financial assets measured at fair value through profit or loss was HKD 621,450,000 as of June 30, 2024, compared to HKD 752,346,000 as of December 31, 2023, indicating a decline of about 17.4%[67] - The company recorded an unrealized fair value loss of HKD 9,000,000 during the period, with the total fair value of financial assets measured at fair value amounting to HKD 621,450,000[96]

Revenue and Profitability - Revenue for the six months ended June 30, 2024, was HKD 410,008,000, an increase of 6.5% from HKD 386,902,000 in the same period of 2023[1] - Total profit for the period was HKD 266,153,000, compared to HKD 232,056,000 in the previous year, reflecting a growth of 14.7%[1] - For the six months ended June 30, 2024, total revenue reached HKD 410,008,000, with external revenue from the food business contributing HKD 347,617,000[8] - Total revenue from customer contracts for the six months ended June 30, 2024, was HKD 352,434,000, an increase from HKD 333,963,000 for the same period in 2023, representing a growth of approximately 5.4%[11] - Revenue from food manufacturing increased to HKD 166,400 million, up from HKD 158,454 million in the previous year[10] - Restaurant operations generated revenue of HKD 179,479 million, compared to HKD 169,020 million in the prior year[10] - The food business remains the primary revenue source, accounting for 85% of total revenue, with a revenue growth of 6%[26] Losses and Financial Challenges - The company reported a net loss of HKD 594,847,000 for the six months ended June 30, 2024, significantly higher than the loss of HKD 8,214,000 in the same period of 2023[2] - The company recorded a loss of HKD 407,168,000 in other comprehensive income for the period, compared to a loss of HKD 215,552,000 in the previous year[2] - The group recorded a pre-tax loss of HKD 589,718,000 for the period[8] - The company reported a basic and diluted loss per share of HKD 88.6 for the six months ended June 30, 2024, compared to a profit of HKD 0.6 in the same period of 2023[1] - The company reported a loss attributable to shareholders of HKD 437 million for the six months ended June 30, 2024, compared to a profit of HKD 3 million for the same period in 2023[26] - The food business incurred a loss of HKD 20 million during the period, an improvement from a loss of HKD 36 million in 2023, despite facing challenges such as intense competition and rising operational costs[34] Assets and Liabilities - The company's total assets decreased to HKD 13,177,521,000 as of June 30, 2024, from HKD 14,091,684,000 as of December 31, 2023[3] - Current liabilities increased to HKD 1,291,085,000 as of June 30, 2024, compared to HKD 786,459,000 at the end of 2023[3] - The company's equity attributable to shareholders was HKD 11,849,793,000 as of June 30, 2024, down from HKD 12,909,665,000 at the end of 2023[4] - The group's total assets amounted to HKD 14,100,000,000, down from HKD 15,100,000,000 as of December 31, 2023[43] - The group's total liabilities amounted to HKD 2,300,000,000 as of June 30, 2024, compared to HKD 2,200,000,000 as of December 31, 2023[44] Investments and Fair Value - The fair value loss on financial instruments measured at fair value through profit or loss was HKD 51,822,000, compared to a gain of HKD 28,927,000 in the previous year[1] - The group reported a net fair value loss of HKD 51,822,000 on investment properties during the period[8] - The financial and securities investment segment recorded a loss of HKD 42 million, compared to a profit of HKD 31 million in 2023, attributed to a net fair value loss of HKD 52 million[35] - As of June 30, 2024, the financial and securities investment portfolio totaled HKD 1,087 million, down from HKD 1,189 million on December 31, 2023[35] Operational Performance - The property investment segment reported a profit of HKD 9,636,000, while the property development segment incurred a loss of HKD 3,414,000[8] - The group’s current liabilities exceeded current assets by HKD 335,402,000 as of June 30, 2024, but management believes it can meet its debt obligations in the next 12 months[5] - Interest income for the group was HKD 38,067,000, with HKD 31,471,000 coming from the property investment segment[8] - The company plans to continue expanding its market presence and investing in new technologies to enhance operational efficiency[9] Corporate Governance and Compliance - The company has established an audit committee comprising two independent non-executive directors and one non-executive director to review accounting principles and financial reporting matters[51] - The board of directors is committed to high-quality corporate governance practices, ensuring compliance with legal and professional standards[52] Employee and Market Insights - The group employed 856 full-time employees as of June 30, 2024, an increase from 786 full-time employees as of June 30, 2023, with employee costs recorded at HKD 164 million compared to HKD 150 million in the previous year[47] - The Singapore Ministry of Trade and Industry has narrowed its GDP growth forecast for 2024 to a range of 2.0% to 3.0%, down from the previous range of 1.0% to 3.0%[48]

Corporate Recognition and ESG Efforts - The company has received the "Outstanding Listed Company Award 2023" from prominent media in Mainland China and Hong Kong, recognizing its performance in corporate development and ESG efforts[5] - The company has identified 21 key environmental, social, and governance issues through stakeholder communication and prioritization processes[17] - The company aims to continuously optimize internal data collection processes and gradually expand the scope of disclosures related to ESG[1] - The company emphasizes the importance of stakeholder feedback to enhance its ESG performance[4] - The company has made progress in integrating ESG considerations into operational decision-making and aims to create long-term value for stakeholders[5] Food Safety and Quality Management - The company implements multiple management systems to ensure food safety and quality, which are critical for maintaining customer trust[19] - Sunshine Bread has established an internal halal committee to oversee compliance with halal standards and procedures for products manufactured and distributed in Malaysia[24] - The company conducts regular audits to verify compliance with food safety requirements, ensuring that products meet quality standards[21] - The company has established standard procedures for maintaining hygiene and addressing pest issues in public areas[49] Employee Statistics and Development - The total number of employees is 1,099, with a gender distribution of 50% male (553) and 50% female (546) in 2023[51] - Employee turnover rate decreased to 47% from 61% in the previous year, with male turnover at 37% and female turnover at 58%[51] - The workforce is divided by age: 22% under 30 years, 50% between 30 and 49 years, and 28% over 50 years[51] - The employee distribution by employment type shows 76% full-time and 24% part-time[51] - The company has committed to continuous employee development, emphasizing skill enhancement and professional knowledge[34] - Total training participants rose to 573 in 2023, representing 52% of employees, up from 458 (45%) in 2022[54] - The average training hours per employee decreased slightly to 5.8 hours in 2023 from 5.9 hours in 2022[54] - The number of training hours for male employees was 7.2 hours in 2023, compared to 6.2 hours in 2022[54] - The number of training hours for female employees decreased to 4.7 hours in 2023 from 5.5 hours in 2022[54] - The number of management training participants increased for both male (51) and female (35) in 2023[54] - The company continues to implement various training programs to enhance employee skills in line with industry standards[59] Workplace Health and Safety - The company recorded 18 workplace injury cases this year, each investigated thoroughly, with preventive measures implemented to avoid recurrence[33] - In 2023, the number of work-related deaths was 21, compared to 0 in 2022[54] - The number of reportable work-related injuries increased to 22 in 2023 from 18 in 2022, with an injury rate of 1.6% per 100 employees[54] - The company actively encourages employees to provide feedback on workplace health and safety improvements[32] - The company has not reported any violations related to advertising, labeling, or privacy issues this year[50] Environmental Impact and Sustainability - The company has implemented energy-saving technologies and improved operational processes to reduce emissions[43] - The company reported a total greenhouse gas emissions of X tons, with a target to reduce emissions by Y% over the next Z years[66] - The total hazardous waste generated was A tons, while non-hazardous waste amounted to B tons, indicating a focus on waste management[66] - Direct energy consumption totaled C kilowatt-hours, with a goal to improve energy efficiency by D%[68] - The total water consumption was E cubic meters, with plans to achieve a water efficiency target of F%[68] - The company aims to implement sustainable resource measures, including the use of renewable energy sources[68] - New product development initiatives are underway, focusing on environmentally friendly materials and processes[68] - The company has set waste reduction targets and is taking steps to achieve these goals[66] - The management is committed to complying with relevant environmental regulations and improving overall sustainability practices[66] - In 2023, nitrogen oxide emissions increased to 27,667.9 kg from 19,872.5 kg in 2022, attributed to the expansion of food operations in Malaysia[9] - Total greenhouse gas emissions reached 11,165.3 metric tons CO2 equivalent in 2023, up from 9,605.7 metric tons in 2022[9] - Total energy consumption rose to 48,922.1 MWh in 2023, compared to 31,784.7 MWh in 2022, indicating a significant increase in operational energy use[94] - Diesel consumption surged to 26,444.7 MWh in 2023 from 7,843.0 MWh in 2022, driven by increased transportation needs for food operations[95] - Water consumption increased to 100,571.7 cubic meters in 2023, up from 78,311.3 cubic meters in 2022, due to the opening of new Chatterbox Cafés[94] - The density of greenhouse gas emissions was recorded at 0.123 metric tons CO2 equivalent per square meter in 2023, compared to 0.106 in 2022[9] - The total amount of packaging materials used decreased to 105.9 metric tons in 2023 from 127.9 metric tons in 2022[93] - The density of packaging materials per million HKD revenue improved to 0.13 metric tons in 2023 from 0.19 in 2022[93] - The increase in natural gas consumption to 6,988.3 MWh in 2023 from 9,632.4 MWh in 2022 was due to improved energy efficiency in production processes[95] Financial Performance - The company reported a net loss of HKD 68,682,000 for 2023, compared to a profit of HKD 144,111,000 in 2022, representing a significant decline[128] - Total revenue for 2023 was HKD 813,522,000, an increase from HKD 677,773,000 in 2022, marking a growth of approximately 20%[128] - The gross profit margin improved, with total profit amounting to HKD 502,214,000 in 2023, up from HKD 385,093,000 in the previous year[128] - The company incurred financing costs of HKD 111,030,000, which increased from HKD 71,263,000 in 2022, indicating a rise in borrowing costs[128] - The share of profits from joint ventures was HKD 960,000, a recovery from a loss of HKD 39,694,000 in 2022[128] - The basic and diluted loss per share for the company was HKD 0.07, down from a profit of HKD 0.25 per share in the previous year[128] - The company recorded a fair value loss on investment properties of HKD 26,523,000, compared to a loss of HKD 24,311,000 in 2022[128] - Administrative expenses rose to HKD 442,360,000 from HKD 420,678,000, reflecting increased operational costs[128] - Other income decreased significantly to HKD 1,695,000 from HKD 16,483,000 in 2022, indicating a decline in ancillary revenue streams[128] - The company reported a total comprehensive loss of HKD 293,212,000 for 2023, a substantial improvement from a loss of HKD 1,018,565,000 in 2022[128] - As of December 31, 2023, the total equity of the company was HKD 12,909,665,000, with a loss for the year amounting to HKD 293,212,000[134] - The company reported a cash and cash equivalents balance of HKD 868,547,000 at year-end[137] Assets and Liabilities - The fair value of investment properties as of December 31, 2023, was HKD 663,000,000, with a recognized fair value loss of HKD 27,000,000 in the profit and loss statement[149] - The company's share of losses from joint ventures amounted to HKD 184,445,000 for the year[134] - The carrying value of the company's interest in Lippo ASM Asia Property Limited was HKD 10,312,000,000 as of December 31, 2023[144] - The carrying value of the company's interest in TIH Limited was HKD 286,000,000 as of December 31, 2023[147] - The company had a total comprehensive loss of HKD 68,682,000 for the year, including foreign exchange differences[134] - The company’s total assets were HKD 9,075,231,000 as of December 31, 2023[134] - The company’s total liabilities were HKD 3,165,566,000 as of December 31, 2023[134] - The company’s equity attributable to shareholders was HKD 9,300,008,000 as of December 31, 2023[134] - Non-current assets decreased slightly from HKD 14,180,190 thousand in 2022 to HKD 14,091,684 thousand in 2023, representing a decline of approximately 0.63%[160] - Current liabilities decreased significantly from HKD 1,235,423 thousand in 2022 to HKD 786,459 thousand in 2023, a reduction of about 36.3%[160] - Cash and cash equivalents dropped from HKD 868,547 thousand in 2022 to HKD 454,717 thousand in 2023, reflecting a decrease of approximately 47.7%[160] - Total non-current liabilities increased from HKD 1,139,375 thousand in 2022 to HKD 1,433,749 thousand in 2023, marking an increase of about 25.8%[161] - The company's net assets decreased from HKD 13,216,979 thousand in 2022 to HKD 12,909,665 thousand in 2023, a decline of approximately 2.3%[161] - The company's equity attributable to equity holders remained stable at HKD 9,075,231 thousand in 2023 compared to HKD 9,300,008 thousand in 2022, showing a slight decrease of about 2.4%[161] Cash Flow and Financial Activities - The company reported a profit for the year of HKD 125,281 thousand, contributing positively to retained earnings[164] - The company’s total assets less current liabilities remained relatively stable, with a slight decrease from HKD 14,356,354 thousand in 2022 to HKD 14,343,414 thousand in 2023[160] - The company’s inventory decreased from HKD 25,196 thousand in 2022 to HKD 23,962 thousand in 2023, a reduction of approximately 4.9%[160] - The company’s receivables increased significantly from HKD 116,121 thousand in 2022 to HKD 165,987 thousand in 2023, an increase of about 42.9%[160] - Operating cash flow used amounted to HKD (100,534) thousand in 2023, compared to HKD (39,568) thousand in 2022, indicating a significant increase in cash outflow[165] - Cash flow from investing activities showed a net outflow of HKD (12,665) thousand in 2023, a decrease from a net inflow of HKD 147,014 thousand in 2022[165] - Financing activities resulted in a net cash outflow of HKD (300,533) thousand in 2023, compared to HKD (182,359) thousand in 2022, reflecting increased financing costs[165] - The company received interest income of HKD 12,868 thousand in 2023, up from HKD 5,172 thousand in 2022, indicating improved returns on investments[165] - Dividends received from associates increased to HKD 9,663 thousand in 2023 from HKD 5,479 thousand in 2022, showing growth in investment income[165] - The total cash and cash equivalents decreased by HKD (413,732) thousand in 2023, compared to a decrease of HKD (74,913) thousand in 2022, highlighting liquidity challenges[165] - The company made payments for fixed assets totaling HKD (48,006) thousand in 2023, an increase from HKD (37,755) thousand in 2022, indicating ongoing capital expenditures[165] Financial Reporting Standards and Compliance - The company plans to adopt new and revised Hong Kong Financial Reporting Standards, which may impact future financial reporting[171] - The company’s subsidiaries and joint ventures are engaged in various sectors including property investment, healthcare services, and mining exploration, indicating a diversified business model[167] - The company has not applied certain new accounting standards that have been issued but are not yet effective, which may affect future financial statements[173] - The group expects that the amendments to HKAS 21 will not have a significant impact on its financial statements[177] - The group's interests in associates and joint ventures are accounted for using the equity method, reflecting the net asset value attributable to the group[178] - Upon losing significant influence over an associate or joint control over a joint venture, the group measures and recognizes any retained interest at fair value[179] - The group recognizes income from the sale of its share of joint ventures, with related assets, liabilities, income, and expenses accounted for according to applicable HKFRS[180] - Goodwill is initially measured at cost, which includes the transfer price and any non-controlling interest, with any excess over the fair value of identifiable net assets recognized as a bargain purchase gain[183] - The group employs different valuation methods to ensure sufficient data for fair value measurement, minimizing the use of unobservable data[185] - The financial report includes consolidated financial statements for the year ended December 31, 2023[191] - The group will not recognize related assets, liabilities, or goodwill upon losing control of a subsidiary, and will measure any retained investment at fair value[194] - The amendments to HKAS 12 narrow the scope of initial recognition exceptions, requiring deferred tax assets and liabilities to be recognized for temporary differences arising from certain transactions[196] - The group has retrospectively applied the amendments to Hong Kong Financial Reporting Standards, but these amendments did not impact the group as it is not within the scope of the Pillar Two legislative framework[197] - The amendments to Hong Kong Financial Reporting Standard No. 16 specify the treatment of lease liabilities arising from sale and leaseback transactions, effective from January 1, 2024, with retrospective application allowed[200] - The group anticipates that the amendments to the financial reporting standards will not have a significant impact on its financial statements[200]

Financial Performance - TIH Group's revenue for the year ended December 31, 2023, was HKD 813,522,000, representing a 20% increase from HKD 677,773,000 in 2022[8] - The total profit for the year was HKD 502,214,000, up from HKD 385,093,000 in the previous year, indicating a growth of approximately 30.5%[8] - The net loss for the year was HKD 68,682,000, a decline from a profit of HKD 144,111,000 in 2022, marking a turnaround of approximately 147.7%[8] - Basic and diluted earnings per share for the company were HKD (0.07), down from HKD 0.25 in the previous year[8] - The overall comprehensive loss for the year was HKD 293,212,000, compared to a loss of HKD 1,018,565,000 in the previous year, showing a significant improvement[11] - The company reported a pre-tax loss of HKD 67,045,000, indicating challenges in operational efficiency[69] - The company reported a pre-tax profit of HKD 144,197,000 for the year[70] - The group recorded a loss attributable to shareholders of HKD 35,000,000 for the year, compared to a profit of HKD 125,000,000 in 2022, primarily due to a decrease in profits from joint ventures[116] Revenue Breakdown - Revenue from food manufacturing business increased to HKD 324,523 thousand in 2023, up from HKD 266,461 thousand in 2022, representing a growth of 21.8%[27] - Restaurant operations revenue rose to HKD 359,901 thousand in 2023, compared to HKD 291,065 thousand in 2022, marking a significant increase of 23.5%[27] - Total revenue from customer contracts reached HKD 698,417 thousand in 2023, an increase of 21.8% from HKD 573,334 thousand in 2022[27] - The food business remains the primary revenue source, contributing 84% of total revenue in 2023, with a growth rate of 23%[87] - The revenue from the food business segment amounted to HKD 114,667,000, up from HKD 91,801,000 in 2022, indicating a year-over-year increase of about 25%[73] - The property investment segment generated total revenue of HKD 92,000,000, up from HKD 88,000,000 in 2022, mainly from recurring rental income and interest income from joint ventures[117] Joint Ventures and Investments - Healthway Group's share of profit for the year was HKD 8,000,000, a significant decrease from HKD 29,000,000 in 2022[4] - The group's share of results from joint ventures was HKD 169,707,000, a decrease from HKD 549,936,000 in 2022, representing a decline of approximately 69%[8] - The group's share of profit from its investment in LAAPL was HKD 174 million for the year, down from HKD 554 million in 2022[91] - The group has a significant investment in OUE Limited, a leading real estate development and management company in Asia[51] Assets and Liabilities - Total assets as of December 31, 2023, amounted to HKD 14,091,684 thousand, slightly down from HKD 14,180,190 thousand in 2022[31] - The company's equity attributable to equity holders decreased to HKD 9,075,231 thousand in 2023 from HKD 9,300,008 thousand in 2022, a decline of 2.4%[32] - Total liabilities stood at HKD 2,220,208,000, with a significant portion attributed to undistributed liabilities of HKD 1,390,536,000[69] - The group's total liabilities decreased to HKD 2,200,000,000 as of December 31, 2023, down from HKD 2,400,000,000 in 2022[135] Cash Flow and Financing - Cash and cash equivalents decreased to HKD 454,717 thousand in 2023 from HKD 868,547 thousand in 2022, a reduction of 47.7%[31] - The group's unsecured other loans increased to HKD 250,000,000 from HKD 70,000,000 in the previous year, reflecting a significant rise of 257%[5] - The group's financing costs rose to HKD 111,030,000 from HKD 71,263,000, indicating an increase of 56%[8] - The company incurred a financing cost of HKD 145,149,000, impacting overall profitability[69] Operational Challenges - The group continues to face challenges in the food business due to intense competition, labor shortages, and rising operational costs, impacting overall performance[66] - The group remains engaged in ongoing litigation related to claims against and counterclaims from its major investors, with the court proceedings still in progress[56] - The company has not been affected by the new tax legislation under the OECD's Pillar Two framework, as it does not fall within its scope[38] Future Outlook - The company plans to continue expanding its market presence and investing in new product development to drive future growth[70] - The geopolitical risks from conflicts in Ukraine and the Middle East may continue to impact global trade and investment, affecting the economic outlook for 2024[140] - The group will remain vigilant and actively seek opportunities arising from corporate deleveraging and non-core asset sales[134]

Financial Performance - Total revenue from customer contracts reached HKD 333,963,000 for the six months ended June 30, 2023, compared to HKD 327,474,000 in the same period of 2022, reflecting a growth of approximately 2.3%[18] - The company reported a net loss of HKD 8,214,000 for the six months ended June 30, 2023, compared to a profit of HKD 152,548,000 in the same period of 2022[66] - Total revenue from customer contracts for the six months ended June 30, 2023, was HKD 333,963,000, an increase from HKD 261,847,000 in the same period of 2022, representing a growth of approximately 27.5%[58] - Revenue for the six months ended June 30, 2023, was HKD 386,902 thousand, an increase of 22.8% compared to HKD 314,946 thousand for the same period in 2022[70] - Total profit for the period was HKD 232,056 thousand, up from HKD 176,257 thousand, reflecting a growth of 31.7%[70] - The company reported a total comprehensive loss of HKD 318,395,000 for the period, compared to a total comprehensive loss of HKD 621,044,000 in the previous year[66] - The company’s total reserves for the current and prior periods are detailed in the consolidated statement of changes in equity[40] Costs and Expenses - The cost of sales increased to HKD 154,846,000 in 2023 from HKD 138,689,000 in 2022, representing an increase of about 11.6%[15] - The company incurred a loss of HKD 2,463,000 from the sale of fixed assets and a loss of HKD 6,639,000 from the reclassification of overseas business liquidation to the income statement[51] - The company’s administrative expenses rose to HKD 207,798 thousand from HKD 203,285 thousand, indicating a slight increase in operational costs[70] - The company incurred unallocated corporate expenses of HKD 63,733,000 and financing costs of HKD 33,004,000 during the period[105] Assets and Liabilities - The total assets as of June 30, 2023, were HKD 10,414,338,000, compared to HKD 10,538,378,000 as of December 31, 2022, showing a slight decrease of about 1.2%[19] - The total liabilities as of June 30, 2023, were HKD 1,449,179,000, compared to HKD 1,436,019,000 as of December 31, 2022, reflecting an increase of approximately 0.9%[19] - The total assets less current liabilities amounted to HKD 14,120,977 thousand, a decrease from HKD 14,356,354 thousand as of December 31, 2022[68] - Non-current assets totaled HKD 13,961,616 thousand, down from HKD 14,180,190 thousand at the end of 2022[68] - The company’s total liabilities increased to HKD 1,190,838 thousand from HKD 1,139,375 thousand as of December 31, 2022[76] - The company’s equity attributable to shareholders decreased to HKD 9,092,774 thousand from HKD 9,300,008 thousand[76] Cash Flow - The company’s cash flow from operating activities showed a significant decline, reflecting challenges in the current market environment[63] - The net cash flow from operating activities was HKD 348,000, compared to a cash outflow of HKD 131,594,000 in the same period last year[84] - The company reported a net cash outflow from investing activities of HKD 1,271,000, significantly improved from HKD 15,908,000 in the previous period[84] - The financing activities resulted in a net cash outflow of HKD 39,020,000, compared to HKD 58,075,000 in the same period last year[84] - The cash and cash equivalents at the end of the period stood at HKD 823,987,000, an increase from HKD 741,743,000[80] Market and Strategic Developments - The company continues to explore market expansion opportunities and new product development strategies to enhance future growth prospects[21] - The company plans to expand its market presence in Singapore and Malaysia, focusing on enhancing its food business segment[56] - The company is exploring new product development and technological advancements to drive future growth and improve operational efficiency[64] - The company has ongoing loan agreements with Pacific Landmark Holdings Limited, with various amounts including SGD 53,920,839.43 and SGD 2,000,000[198] - The company has revised the interest rates on certain loans from 6.5% to 2.25%, with repayment terms adjusted to be on demand[198] Dividends and Shareholder Information - The company declared no interim dividend for the six months ended June 30, 2023, consistent with the previous year[24] - The company paid no dividends to shareholders during the period, compared to HKD 19,726,000 in the previous period[84] - As of June 30, 2023, Dr. Li holds 369,800,219 shares, representing approximately 74.98% of the issued shares of the company[186] - Lippo Capital Holdings owns 60% of Lippo Capital's issued shares, with Dr. Li being the beneficial owner of 100% of Lippo Capital Group's issued capital[196] Economic and Market Conditions - The economic growth momentum in Singapore has noticeably slowed during the period, despite a significant rebound in international tourism[165] - Singapore's economic growth forecast for 2023 has been narrowed from 0.5%-2.5% to 0.5%-1.5% due to weak global demand and geopolitical tensions[184] - The International Monetary Fund has downgraded its global economic growth forecast for 2023 and 2024 from 3.5% to 3.0%, indicating a lack of confidence in a strong economic rebound[184] Segment Performance - The food business accounted for 85% of total revenue during the period, up from 81% in 2022, with a revenue increase of 29% following the lifting of pandemic restrictions[134] - The property development segment reported a loss of HKD 4,393,000, while the financial investment segment achieved a profit of HKD 3,889,000[105] - The healthcare services segment recorded a loss of HKD 1,607,000, indicating challenges in this area[105] - The food business segment recorded revenue of HKD 329 million for the period, up from HKD 254 million in 2022, primarily driven by improvements in retail and manufacturing operations[170] - The food business segment incurred a loss of HKD 36 million, an improvement from a loss of HKD 67 million in 2022, despite ongoing challenges such as intense competition and high operating costs[170]

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。 LIPPO LIMITED 力寶有限公司 （於香港註冊成立之有限公司） （股份代號：226） 中期業績 截至2023年6月30日止六個月 力寶有限公司（「本公司」）之董事會公佈本公司及其附屬公司（統稱「本集團」）截至2023年6月30日止 六個月之未經審核綜合中期業績，連同2022年同期之比較數字如下： 簡明綜合損益表 截至2023年6月30日止六個月 未經審核 截至6月30日止六個月 2023年 2022年 附註 千港元 千港元 收入 4 386,902 314,946 銷售成本 7 (154,846) (138,689) ───────── ───────── 溢利總額 232,056 176,257 其他收入 5 1,439 10,298 行政開支 (207,798) (203,285) 其他經營開支 7 (85,600) (82,131) 按公平值計入損益之財務工具之公平值收益／（虧損）淨額 7 ...

Financial Performance - The group recorded a consolidated profit attributable to shareholders of approximately HKD 125 million for the year ended December 31, 2022, down from approximately HKD 500 million in 2021, reflecting a decrease of 75%[5]. - Total revenue decreased to HKD 678 million, down from HKD 728 million in 2021, with 66% from Singapore and 29% from Hong Kong[16]. - The food business remained the main revenue source, accounting for 83% of total revenue, but experienced a 6% decline due to ongoing pandemic control measures, particularly in Hong Kong[16]. - The group recorded a consolidated profit attributable to shareholders of HKD 125 million for the year, a decrease from HKD 500 million in 2021, primarily due to fair value losses on financial instruments and reduced profits from joint ventures[16]. - The group’s share of profits from joint ventures was HKD 554 million, a decrease from HKD 636 million in 2021, attributed to reduced profit contributions from equity-accounted investments[27]. Market and Business Environment - The group's food retail business continued to be impacted by COVID-19 restrictions, particularly in Hong Kong, but showed signs of recovery after the lifting of dining and social gathering restrictions[10]. - The group is focused on creating value for stakeholders while navigating the challenging market environment in 2023, following significant bank failures in March 2023[11]. - The group remains confident in the long-term prospects of its food business despite facing challenges such as intense competition and high operating costs[10]. - The group anticipates that the economic growth rate in Singapore for 2023 will range between 0.5% and 2.5% amid a challenging operating environment[55]. Investments and Acquisitions - OUE Limited, a major associate of the group, achieved higher growth due to its resilient and diversified businesses in real estate, healthcare, and consumer sectors[5]. - Healthway Medical Corporation Limited expanded its network by acquiring three new clinics in Singapore, bringing its total to over 100 clinics and medical centers, making it one of the largest outpatient chains in Singapore[8]. - OUE Group's First Real Estate Investment Trust acquired 12 aged care facilities in Japan and two additional facilities from a third party, enhancing its portfolio in mature markets[7]. - The group plans to open two hospitals in mainland China, with the Changshu Hospital expected to be operational in 2023 and the Taiziwan Hospital in 2024, providing a total of approximately 340 beds[22]. - The group sold its entire stake in 12 nursing homes in Japan for SGD 165.9 million, equivalent to approximately HKD 959 million, enhancing its interest in First REIT[26]. Financial Assets and Securities - The group incurred a fair value loss of HKD 106 million from its securities investments in the current year, compared to a gain of HKD 219 million in 2021, indicating significant market volatility[10]. - As of December 31, 2022, the financial and securities investment portfolio was valued at HKD 1,568,000,000, down from HKD 2,115,000,000 in 2021[33]. - The fair value of financial assets measured at fair value through profit or loss was HKD 788,000,000, a decrease from HKD 1,143,000,000 in 2021[34]. - The financial and securities investment segment reported total income of HKD 16,000,000, a decrease from HKD 20,000,000 in 2021, with a net loss of HKD 98,000,000 compared to a profit of HKD 217,000,000 in the prior year[32]. Employee and Operational Management - The group had 783 full-time employees as of December 31, 2022, down from 830 employees in the previous year, with employee costs recorded at HKD 311 million compared to HKD 348 million in 2021[54]. - The company aims to minimize health and safety risks faced by employees, with safety committees established in several subsidiaries to oversee occupational health and safety[87]. - The company has a comprehensive remuneration scheme that includes various benefits beyond statutory requirements, such as paid marriage leave and medical insurance[79]. - The company provided medical insurance plans to improve employee welfare, and during the COVID-19 pandemic, it offered free surgical masks and flexible working arrangements[91]. Environmental and Social Responsibility - The company has implemented environmental policies to mitigate risks associated with extreme weather events due to climate change, including regular system backups and business continuity plans[74]. - The group has established specific privacy policies and operational procedures for handling customer identifiable personal data[181]. - The group has a whistleblowing policy to encourage reporting of suspected misconduct or non-compliance[183]. - The group made charitable donations totaling approximately HKD 6,304,000 in the reporting year[185]. Quality and Safety Standards - The group has implemented multiple management systems to ensure food safety and quality, including ISO 9001, ISO 22000, GMP, and HACCP systems[147]. - The group conducted laboratory tests to ensure that end products meet regulatory standards for microbiological quality[148]. - The group emphasizes the importance of customer privacy and third-party intellectual property rights, adhering to relevant laws and regulations[151]. - The group conducts regular retail quality assessments to ensure food safety and hygiene standards[179].

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。 LIPPO LIMITED 力寶有限公司 （於香港註冊成立之有限公司） （股份代號：226） 全年業績 截至2022年12月31日止年度 力寶有限公司（「本公司」）之董事會公佈本公司及其附屬公司（統稱「本集團」）截至2022年12月31日止 年度之綜合全年業績，連同2021年同期之比較數字如下： 綜合損益表 截至2022年12月31日止年度 2022年 2021年 附註 千港元 千港元 收入 4 677,773 728,174 銷售成本 7 (292,680) (320,902) ──────── ──────── 溢利總額 385,093 407,272 其他收入 5 16,483 12,155 行政開支 (420,678) (438,823) 其他經營開支 7 (159,270) (174,268) 按公平值計入損益之財務工具之公平值收益／（虧損）淨額 7 (105,856) 227,411 投資物業 ...