登录新浪财经APP 搜索【信披】查看更多考评等级 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假记载、误导性陈述或重大遗 漏。 一、对外投资概述 金财互联控股股份有限公司（以下简称"公司"）于2025年6月6日召开第六届董事会第十二次会议，审议 通过了《关于增资取得无锡福爱尔金属科技有限公司51%股权的议案》，同意公司全资子公司江苏丰东 热技术有限公司（以下简称"江苏丰东"）通过增资方式投资6,719.92万元人民币，取得无锡福爱尔金属 科技有限公司（以下简称"无锡福爱尔"）51%股权。具体内容详见公司于2025年6月7日在指定披露信息 媒体披露的《关于增资取得无锡福爱尔金属科技有限公司51%股权的公告》（公告编号：2025-025）。 二、对外投资进展 近日，无锡福爱尔办理完成了相关工商变更登记与备案手续，并取得了无锡市锡山区数据局颁发的《营 业执照》。具体登记信息如下： 8、主营业务：一般项目：金属制品研发；金属制品销售；金属丝绳及其制品制造；金属丝绳及其制品 销售；黑色金属铸造；有色金属铸造；金属切削加工服务；机械零件、零部件加工；机械零件、零部件 销售；钢压延加工；润滑油销售；货物 ...

Financial Performance - The net profit attributable to the company's owners for the year ended December 31, 2024, was HKD 71,000,000, an increase of HKD 24,000,000 (+51%) compared to HKD 47,000,000 in 2023[7]. - The net profit of the hotel group increased by HKD 63,000,000 (+151%) to HKD 104,000,000 for the year ended December 31, 2024, compared to HKD 41,000,000 in 2023[11]. - Total revenue for the year ended December 31, 2024, was HKD 683,973,000, representing a 12.8% increase from HKD 606,035,000 in 2023[129]. - Hotel revenue for the group was HKD 556,000,000, representing a 14% increase from HKD 488,000,000 in 2023[11]. - The company reported a net loss of HKD 313,400,000 for 2024, compared to a net loss of HKD 89,194,000 in 2023, indicating a significant increase in losses[130]. - The gross profit margin decreased to 21.8% in 2024 from 32.0% in 2023, reflecting higher costs associated with services and depreciation[129]. - The company reported a total comprehensive loss of HKD 342,817,000 for 2024, compared to a total comprehensive loss of HKD 25,916,000 in 2023, highlighting significant financial challenges[130]. - The company recorded a fair value loss on investment properties of HKD 312,632,000 in 2024, compared to HKD 93,700,000 in 2023, indicating increased impairment[129]. Revenue Sources - Hotel operating revenue reached HKD 556,086,000, up 13.9% from HKD 488,325,000 in the previous year[181]. - Property rental income increased to HKD 127,887,000, a rise of 8.9% compared to HKD 117,665,000 in 2023[181]. - The majority of hotel service revenue was generated in Hong Kong, totaling HKD 532,050,000, compared to HKD 482,931,000 in 2023[181]. - Revenue from food and beverage sales was recognized at a specific point in time, contributing to the overall hotel operating revenue[183]. Expenses and Costs - Administrative expenses decreased to HKD 67,430,000 in 2024 from HKD 87,181,000 in 2023, showing a reduction of 22.6%[129]. - The company’s total depreciation expense for property, plant, and equipment increased to HKD 165,669,000 from HKD 124,235,000, indicating higher asset utilization or investment[136]. - Employee salaries, including directors' remuneration, rose to HKD 222,385,000 in 2024, up 24.0% from HKD 179,334,000 in 2023[198]. Assets and Liabilities - The company's total assets decreased to HKD 8,952,058,000 in 2024 from HKD 9,570,848,000 in 2023, a decline of 6.5%[131]. - The equity attributable to owners of the company decreased to HKD 4,045,558,000 in 2024 from HKD 4,223,377,000 in 2023, a decline of 4.2%[132]. - As of December 31, 2024, the group's current liabilities exceed current assets by HKD 261,526,000, prompting a review of future liquidity[148]. - The group has approximately HKD 4,571,000,000 in investment properties located in Hong Kong and the UK as of December 31, 2024[118]. Corporate Governance - The board consists of eight members, including four executive directors, one non-executive director, and three independent non-executive directors, with two independent directors possessing appropriate professional qualifications[33]. - The board held a total of four meetings in 2024, with attendance rates for executive directors at 100%[38]. - The company has implemented an anti-corruption policy to regulate employee acceptance of benefits and a whistleblowing policy for reporting suspicious or improper conduct[64]. - The company ensures that its financial statements are prepared in compliance with relevant regulations and applicable accounting standards[42]. Risk Management - The board is responsible for evaluating and determining the nature and extent of risks, maintaining an effective risk management and internal control system[41]. - The audit committee is responsible for reviewing the effectiveness of the group's risk management and internal control systems, reporting to the board of directors[43]. - The risk management committee was established in 2019, consisting of three executive directors, focusing on business, financial, and property asset management risks[44]. Shareholder Information - The company allows shareholders holding at least 5% of voting rights to request a general meeting[68]. - The company has maintained effective communication channels with shareholders, including printed and electronic communications, and annual general meetings for feedback[72]. - The company has established a dividend policy aimed at providing stable and sustainable returns to shareholders, considering various factors including financial conditions and future capital needs[74]. Market Conditions - The future outlook for hotel operations and rental income remains challenging due to weak Chinese economic conditions and high HKD to RMB exchange rates[19]. - The group faces risks related to economic conditions, regulatory changes, and market competition affecting rental income from investment properties[109].

Financial Performance - The net profit attributable to the owners of the company for the year ended December 31, 2024, was HKD 71 million, an increase of HKD 24 million (+51%) compared to HKD 47 million in 2023[3]. - Total revenue for the year was HKD 683.973 million, up from HKD 606.035 million in 2023, representing an increase of approximately 12.8%[6]. - The company reported a loss before tax of HKD 293.006 million for the year, compared to a loss of HKD 16.154 million in 2023[6]. - The total comprehensive loss for the year was HKD 342.817 million, significantly higher than the loss of HKD 25.916 million in the previous year[8]. - The company's total assets decreased to HKD 8.952 billion from HKD 9.571 billion in 2023, reflecting a decline of approximately 6.5%[10]. - The company's cash and cash equivalents decreased to HKD 235.119 million from HKD 334.709 million in 2023, a decline of approximately 29.7%[10]. - The company reported a significant increase in administrative expenses, which amounted to HKD 67.430 million compared to HKD 87.181 million in the previous year[6]. - The company experienced a fair value loss on investment properties of HKD 312.632 million, compared to HKD 93.700 million in 2023[6]. - The basic loss per share for the year was HKD 68.84, compared to HKD 18.62 in 2023, indicating a worsening in per-share performance[6]. - The total financial costs for 2024 were HKD 64,989,000, slightly up from HKD 63,175,000 in 2023[21]. Revenue Sources - Hotel operating revenue increased to HKD 556,086,000 in 2024, up 13.9% from HKD 488,325,000 in 2023[18]. - Property rental income rose to HKD 127,887,000, a 8.7% increase from HKD 117,665,000 in the previous year[18]. - Total revenue for the year 2024 reached HKD 683,973,000, an increase of 12.8% from HKD 606,035,000 in 2023[14]. - The total revenue of the hotel group increased by 16% from approximately HKD 452,000,000 to approximately HKD 526,000,000[38]. - The rental income from commercial properties was HKD 128,000,000, an increase from HKD 118,000,000 in 2023[39]. Dividends and Shareholder Returns - The company did not recommend the payment of a final dividend for the year ended December 31, 2024, consistent with no dividend in 2023[4]. - The company did not declare any dividends for the year 2024, consistent with the previous year[23]. Operational Challenges - The company experienced a significant decline in hotel service performance at the Best Western Hotel Tsim Sha Tsui, with revenue dropping to HKD 53,177,000 from HKD 57,624,000[18]. - The hotel business and rental income face ongoing challenges, with management focusing on increasing revenue and controlling costs[46]. - Future prospects are impacted by the weak Chinese economy and high HKD to RMB exchange rates, affecting tourist behavior[45]. Acquisitions and Investments - The company acquired Jessville Manor in Hong Kong for HKD 207,000,000, with a construction area of 12,288 square feet[44]. - The company completed the acquisition of Jessville Manor for a total consideration of HKD 207,000,000 on April 15, 2024, which constitutes a major transaction requiring shareholder approval[48]. - The company successfully increased the annual rent of the Royal Scot Hotel in London by 34% to GBP 4,737,000[43]. Governance and Compliance - The audit committee reviewed the group's audited financial performance for the year ending December 31, 2024[53]. - The company has adopted the standard code of conduct for securities trading, with all directors confirming compliance throughout the year[51]. - The chairman and CEO positions are held by the same individual, which the board believes provides consistent leadership and cost savings[50]. - The financial statements for the year ending December 31, 2024, have been agreed upon by the auditors, Deloitte[54]. - The board of directors consists of four executive directors, one non-executive director, and three independent non-executive directors as of March 14, 2025[56]. Debt and Financial Position - The overall debt of the group was HKD 1,060,000,000, with a debt-to-asset ratio of 13%[41]. - The company plans to retain funds to ensure a more stable cash flow due to challenging economic conditions and high operational costs[29]. - The average hotel occupancy rate remained above 90% during the year[43].

SHUN HO HOLDINGS LIMITED 順豪控股有限公司 二零二四年中期報告 公司資料 | --- | |----------------------------------| | | | 執行董事 | | 鄭啓文先生 （主席） | | 許永浩先生 | | 劉金眉女士 | | 伍月瑩女士 | | 鄭慧君女士 | | （於二零二四年五月二十四日退任） | | 非執行董事 | | 呂馮美儀女士 | 律師 衛達仕律師事務所 香港 金鐘道九十五號 統一中心 三十樓 | --- | |--------------------------| | | | | | 主要往來銀行 | | 香港上海滙豐銀行有限公司 | | 中國銀行（香港）有限公司 | | --- | --- | --- | |------------------------|-------|----------------------| | | | | | 獨立非執行董事 | | 註冊辦事處 | | 陳儉輝先生 | | 香港中環 | | 林桂璋先生 | | 雪廠街二十四至三十號 | | 廖毓初先生 | | 順豪商業大廈三樓 | | 公司秘書 | | ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性或完整性亦不發表任何聲明， 並明確表示，概不對因本公告全部或任何部分內容而產生或因依賴該等內容而引致的任何損失承擔任何責任。 1 順豪控股有限公司 (於香港註冊成立之有限公司) (股份代號：253) 二零二四年中期業績 業績 順豪控股有限公司（「本公司」）之董事（「董事」）會（「董事會」）宣布截至二零二四年 六月三十日止六個月之本公司擁有人應佔除稅後而未計及重估及土地、物業及設備之折舊前之 淨溢利為 30,000,000 港元（截至二零二三年六月三十日止六個月：24,000,000 港元），增加 6,000,000 港元。本公司及其附屬公司（統稱「本集團」）在本期之未經審核綜合業績連同去年 同期之比較數字如下： 簡明綜合損益表 截至二零二四年六月三十日止六個月 | --- | --- | --- | --- | |------------------------------------------------------------------------------------------------------------| ...

Financial Performance - The net profit attributable to shareholders for the year ended December 31, 2023, was HKD 47 million, a decrease of HKD 71 million compared to HKD 118 million in 2022, representing a decline of 60%[5]. - Total revenue for the year ended December 31, 2023, was HKD 606,035,000, a decrease of 1.07% from HKD 612,687,000 in 2022[147]. - The company reported a net loss of HKD 89,194,000 for the year, compared to a profit of HKD 647,217,000 in the previous year, indicating a significant decline[149]. - Basic loss per share for the year was HKD 18.62, down from earnings of HKD 106.72 per share in 2022[147]. - The gross profit margin decreased significantly, with gross profit of HKD 193,789,000 compared to HKD 279,912,000 in the previous year, reflecting a decline in profitability[147]. - The company recognized an impairment loss of HKD 93,700,000 on investment properties, compared to HKD 13,324,000 in the previous year, indicating increased challenges in asset valuation[147]. - The company reported a significant increase in financial costs, amounting to HKD 63,175,000, compared to HKD 27,359,000 in the previous year[147]. - The company's profit for the year ended December 31, 2023, is HKD 258,021, compared to a profit of HKD 647,217 in 2022, representing a decline of 60%[155]. - The cash generated from operating activities for the year is HKD 202,991, down from HKD 305,749 in the previous year, a decrease of 33.5%[157]. Revenue and Operations - Revenue from hotel operations increased by 5% to HKD 488 million in 2023, up from HKD 463 million in 2022[8]. - The net profit from hotel operations decreased by 45% to HKD 74.7 million in 2023, down from HKD 136.5 million in 2022[10]. - Total revenue for the Huada Hotel Group increased by 3% from HKD 439 million to HKD 452 million, driven by higher room rates and occupancy[11]. - The group's hotel revenue increased by 6% year-on-year, with an average occupancy rate exceeding 90%[16]. - The group operates nine hotels, with eight in Hong Kong and one each in London and China, facing high volatility due to various predictable and unpredictable factors[128]. Expenses and Costs - Administrative expenses (excluding depreciation) rose to HKD 83 million in 2023, up from HKD 56 million in 2022, an increase of 48%[12]. - Financial costs increased by 90% to HKD 43.8 million in 2023, compared to HKD 23.1 million in 2022[10]. - The hotel division's operating margin is only 35% to 40% of total hotel revenue, making it sensitive to significant revenue reversals[128]. Corporate Governance - The company has adopted the corporate governance code as per the Hong Kong Stock Exchange listing rules, emphasizing high-quality board practices and accountability to shareholders[33]. - The board consists of nine members, including five executive directors, one non-executive director, and three independent non-executive directors, ensuring compliance with the listing rules[37]. - The company is committed to maintaining good corporate governance practices and transparency with shareholders[32]. - The board is responsible for maintaining a sound and effective risk management and internal control system[44]. - The company emphasizes the importance of training and continuous professional development for directors and senior management[40]. Shareholder Information - The company does not recommend the payment of a final dividend for the year ended December 31, 2023, consistent with the previous year[6]. - The company has adopted a dividend policy allowing for the declaration and distribution of dividends to shareholders[80]. - The board retains the absolute right to review and amend the dividend policy at any time, considering factors such as financial condition and operational needs[82]. - Shareholders can request the convening of a general meeting if they hold at least 5% of the voting rights[74]. Investment Properties - The group owns approximately HKD 4,685,000,000 worth of investment properties located in Hong Kong and the UK as of December 31, 2023[135]. - The fair value net impairment of investment properties recognized in the consolidated income statement for the year was approximately HKD 94,000,000[135]. - The valuation of investment properties is a key audit matter due to its significant amount in the overall financial statements and the substantial judgment involved in determining fair value[135]. - Investment properties are measured at fair value after initial recognition, with changes in fair value recognized in the profit and loss statement[186]. Employee Information - The group has a total of 562 employees as of December 31, 2023, an increase from 387 employees in 2022[14]. - The remuneration for senior management included four individuals earning between HKD 1,000,000 and HKD 5,000,000, and one individual earning between HKD 10,000,001 and HKD 15,000,000[44]. - The company emphasizes human resources, offering competitive compensation and benefits to attract and retain skilled employees[124]. Market and Economic Conditions - The group faces challenges in the hotel and rental income sectors due to the weak Chinese economy and the impact of the US-China trade war on international trade companies[19]. - The group’s financial performance may be significantly impacted by changes in the overall economic climate, regulatory changes, and government policies in Hong Kong and mainland China[127]. - The group closely evaluates geopolitical prospects and economic developments in different countries to align its hotel portfolio with its risk tolerance[128]. Future Outlook - The group expects the number of overnight visitors to Hong Kong to continue rising in 2024, benefiting from the government's budget to promote tourism[19]. - The group is optimistic about the future rental prospects of the Royal Scot Hotel in London, as rental rates are linked to the UK retail price index, which has been rising in double digits[16]. - The group plans to continue its renovation project for the Wood Street Hotel in London, which will include approximately 216 rooms and various facilities[17].

Financial Performance - The net profit attributable to the owners of the company for the year ended December 31, 2023, was HKD 47 million, a decrease of HKD 71 million compared to HKD 118 million in 2022, representing a decline of approximately 60%[2] - Total revenue for the year was HKD 606,035 thousand, a slight decrease of 1.1% from HKD 612,687 thousand in the previous year[2] - The gross profit margin decreased significantly, with gross profit amounting to HKD 193,789 thousand, down from HKD 279,912 thousand, indicating a decline of approximately 30.7%[2] - The company reported a loss before tax of HKD 16,154 thousand, compared to a profit of HKD 688,444 thousand in 2022, marking a substantial shift in performance[2] - The total comprehensive loss for the year was HKD 25,916 thousand, a stark contrast to a comprehensive income of HKD 502,828 thousand in 2022[5] - Basic loss per share for 2023 was HKD 45,018,000, compared to a profit of HKD 258,021,000 in 2022[19] - Total financial costs increased to HKD 63,175,000 in 2023, up from HKD 27,359,000 in 2022[18] - The overall profit for the year decreased primarily due to increased hotel operating costs, startup expenses, maintenance costs, financial costs, and income tax expenses[28] Revenue Breakdown - Hotel operating revenue increased to HKD 488,325,000 in 2023, up 5.5% from HKD 462,692,000 in 2022[11] - Property rental income decreased to HKD 117,665,000, down 21.5% from HKD 149,953,000 in 2022[11] - Revenue from Hong Kong operations was HKD 566,077,000, a slight increase from HKD 559,045,000 in 2022[17] - Hotel business revenue increased by 5% to HKD 488 million for the year ended December 31, 2023, compared to HKD 463 million in 2022[25] - Total revenue for the hotel group increased by 3% from HKD 439 million to HKD 452 million, driven by higher room rates and occupancy rates[30] Assets and Liabilities - Non-current assets decreased to HKD 9,485,741 thousand from HKD 9,579,244 thousand, a reduction of approximately 1%[7] - Current liabilities decreased to HKD 288,034 thousand from HKD 229,351 thousand, indicating an increase of approximately 25.6%[7] - The total debt of the group as of December 31, 2023, was HKD 1,075 million, a decrease from HKD 1,102 million in 2022, with a debt-to-equity ratio of 7%[32] Operational Highlights - The company has adopted new and revised Hong Kong Financial Reporting Standards, which did not have a significant impact on the financial position and performance for the year[9] - The group’s trade receivables increased to HKD 23,880,000 in 2023, compared to HKD 23,573,000 in 2022[20] - Trade payables rose to HKD 53,957,000 in 2023, compared to HKD 61,377,000 in 2022[21] - The group has maintained a high occupancy rate across its hotels in Hong Kong, despite operational cost increases due to labor shortages[34][36] Future Outlook - The group expects the number of overnight visitors to Hong Kong to continue rising in 2024, benefiting from the government's budget to promote tourism[36] - The group is facing challenges in hotel and rental income due to the weak Chinese economy and the impact of the US-China trade war on international trade companies[36][37] Employee and Dividend Information - The company will not recommend a final dividend for the year ended December 31, 2023, due to the financial performance[22] - The company has a total of 562 employees as of December 31, 2023, up from 387 in 2022, indicating growth in workforce[32] Property Acquisitions and Renovations - The group acquired the Glamour Bay Hotel in December 2023, which has 435 rooms and a total area of 216,314 square feet[34] - The group has completed significant renovations and reopened the Glamour Bay Hotel and Shanghai Huamei International Hotel in August 2023[34] - The group plans to purchase properties for a total consideration of HKD 207 million, which includes multiple residential parking spaces[39][40] Market Conditions - In 2023, approximately 17 million overnight visitors came to Hong Kong, with about 12 million from China, compared to 23 million in 2019 before the pandemic[34] - The rental income from the Royal Scot Hotel in London is expected to rise, linked to the UK retail price index, which has been at a 40-year high[35] - The Royal Scot Hotel in London maintained a valuation of GBP 88.5 million, with rental income for the year remaining stable at GBP 3.546 million[30]

Financial Performance - The net profit attributable to shareholders for the six months ended June 30, 2023, was HKD 24 million, a decrease of HKD 60 million or 71.4% compared to HKD 84 million for the same period in 2022[4]. - Revenue from hotel operations decreased by 33% to HKD 191 million for the six months ended June 30, 2023, down from HKD 286 million in the same period last year[6]. - The operating profit from hotel operations plummeted by 87% to HKD 16.5 million, compared to HKD 126 million for the same period in 2022[9]. - Total revenue for the Huada Hotel Group decreased by 35% from HKD 279 million to HKD 182 million[10]. - Total revenue for the six months ended June 30, 2023, was HKD 251,033,000, a decrease of 30.9% compared to HKD 363,594,000 for the same period in 2022[31]. - Customer contracts revenue decreased to HKD 190,509,000, down 33.5% from HKD 286,391,000 year-on-year[31]. - Net profit for the period was HKD 1,488,000, a significant decline of 98.3% from HKD 89,035,000 in the previous year[31]. - Basic earnings per share dropped to HKD 1.27, compared to HKD 12.88 for the same period last year[31]. - The company reported a gross profit of HKD 89,637,000, down 56.0% from HKD 203,503,000 year-on-year[31]. - The company reported a pre-tax profit of HKD 6,983 thousand for the six months ended June 30, 2023, a significant decrease of 94.2% compared to HKD 120,819 thousand for the same period in 2022[40]. - The group reported a profit attributable to owners of HKD 3,069,000 for the six months ended June 30, 2023, compared to HKD 31,150,000 for the same period in 2022, showing a decline of approximately 90.2%[66]. - Basic earnings per share for the six months ended June 30, 2023, were HKD 0.0127, a decrease from HKD 0.1290 for the same period in 2022[66]. Expenses and Liabilities - Administrative expenses (excluding depreciation) increased by 115% to HKD 55.7 million, up from HKD 25.8 million in the previous year[11]. - The company incurred interest expenses of HKD 27,036 thousand, a substantial increase from HKD 4,674 thousand in the prior year[41]. - The group incurred interest expenses of HKD 28,010,000 for the six months ended June 30, 2023, compared to HKD 5,645,000 for the same period in 2022, indicating a significant increase[61]. - Current liabilities decreased to HKD 168,954,000 from HKD 229,351,000 at the end of the previous period[34]. - Non-current liabilities decreased slightly to HKD 1,168,961 thousand from HKD 1,173,747 thousand, indicating a reduction of approximately 0.4%[35]. - Total liabilities decreased to HKD 1,337,915,000 as of June 30, 2023, from HKD 1,403,098,000 as of December 31, 2022, representing a reduction of approximately 4.66%[59]. Assets and Equity - Non-current assets totaled HKD 9,589,013,000 as of June 30, 2023, slightly up from HKD 9,579,244,000 at the end of 2022[34]. - As of June 30, 2023, total equity increased to HKD 8,558,518 thousand from HKD 8,503,944 thousand at the end of 2022, reflecting a growth of approximately 0.64%[35]. - Total assets as of June 30, 2023, amounted to HKD 9,896,433,000, a slight decrease from HKD 9,907,042,000 as of December 31, 2022[56]. - The total carrying value of investment properties was approximately HKD 3,597,115,000 as of June 30, 2023, down from HKD 3,999,692,000 as of December 31, 2022[68]. Operational Highlights - Approximately 13 million visitors traveled to Hong Kong in the first half of 2023, with about 10 million coming from China, compared to 35 million visitors in the same period of 2019[13]. - The newly acquired Glamour Bay Hotel, with 435 rooms and a total area of 216,314 square feet, commenced operations on August 1, 2023[13]. - The occupancy rate of the Glamour Bay Hotel has remained high since its opening, and other hotels in Hong Kong are also expected to maintain high occupancy rates[14]. - The future outlook for hotel operations and rental income remains challenging due to the impact of the US-China trade war and declining import/export volumes in Hong Kong[14]. - The group operates nine revenue-generating hotels, with seven in Hong Kong, one in Shanghai, and one in London, while the Wood Street Hotel renovation project is ongoing[14]. Shareholder Information - The company’s director, Zheng Kaiwen, holds 226,454,825 shares, representing 74.40% of the total shareholding[16]. - Major shareholders include Mercury Fast with 62,602,700 shares (20.60%) and Trillion Resources (BVI) with 216,608,825 shares (71.20%) as of June 30, 2023[20]. Compliance and Governance - The interim results for the six months ended June 30, 2023, were reviewed by Deloitte, in accordance with the Hong Kong Institute of Certified Public Accountants' standards[23]. - The company maintained compliance with the corporate governance code, although the roles of Chairman and CEO are held by the same individual, which the board believes provides consistent leadership[24]. Cash Flow and Investments - Cash generated from operating activities decreased to HKD 49,669 thousand, down 76.8% from HKD 214,808 thousand in the previous year[41]. - The company recorded a net cash outflow from investing activities of HKD 1,300 thousand, compared to a much larger outflow of HKD 184,868 thousand in the previous year[41]. - The company’s cash and cash equivalents at the end of the period were HKD 281,317 thousand, down from HKD 312,444 thousand, representing a decrease of 9.95%[41]. Property and Investment Valuation - The fair value of investment properties did not change during the six months ended June 30, 2023, indicating stability in the property market[68]. - The carrying value of investment properties increased from HKD 3,907,000,000 to HKD 3,947,000,000, an increase of approximately 1%[80]. - The carrying value of hotel properties decreased from HKD 1,596,000,000 to HKD 1,570,000,000, a decrease of approximately 1.6%[80]. Fair Value Measurement - The fair value measurement is categorized into three levels: Level 1 based on quoted prices in active markets for identical assets or liabilities[83]. - Level 2 fair value measurement is derived from observable inputs other than quoted prices, including both direct and indirect data[83]. - Level 3 fair value measurement relies on valuation techniques using inputs that are not based on observable market data[83].

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性或完整性亦不發表任何聲明， 並明確表示，概不對因本公告全部或任何部分內容而產生或因依賴該等內容而引致的任何損失承擔任何責任。 順豪控股有限公司 (於香港註冊成立之有限公司) (股份代號：253) 二零二三年中期業績 業績 順豪控股有限公司（「本公司」）之董事（「董事」）會（「董事會」）宣布截至二零二三年 六月三十日止六個月之本公司擁有人應佔除稅後而未計重估及土地、物業及設備之折舊前之淨 溢利為 24,000,000 港元（截至二零二二年六月三十日止六個月：84,000,000 港元），減少 60,000,000港元。本公司及其附屬公司（統稱「本集團」）在本期之未經審核綜合業績連同去 年同期之比較數字如下： 簡明綜合損益表 截至二零二三年六月三十日止六個月 截至二零二三年 截至二零二二年 六月三十日止 六月三十日止 附註 六個月 六個月 千港元 千港元 (未經審核) (未經審核) 收入 3 客戶合約 190,509 286,391 租賃 60,479 77,161 股息收入 45 42 ...

Financial Performance - The company's profit attributable to owners for the year ended December 31, 2022, was HKD 258,000,000, an increase of HKD 228,000,000 compared to HKD 30,000,000 in 2021[5]. - Revenue from hotel operations increased by 34% to HKD 463,000,000, up from HKD 346,000,000 in the previous year[8]. - The profit attributable to the owners of Huada Hotel was HKD 593,000,000, a significant increase of HKD 527,000,000 from HKD 66,000,000 in 2021[9]. - The overall profit for the year increased primarily due to higher hotel revenue and the gain from the sale of a subsidiary[10]. - Total revenue for the year ended December 31, 2022, was HKD 612.687 million, an increase of 19.1% from HKD 514.409 million in 2021[147]. - Profit before tax increased significantly to HKD 688.444 million, compared to HKD 108.407 million in the previous year, representing a growth of 535.5%[147]. - Net profit for the year was HKD 647.217 million, up from HKD 79.637 million in 2021, marking an increase of 713.5%[147]. - Basic earnings per share rose to HKD 106.72, compared to HKD 12.58 in the prior year, reflecting a substantial increase of 749.6%[147]. - The company reported a gross profit of HKD 279.912 million, which is a 62.3% increase from HKD 172.418 million in 2021[147]. - The company recognized a profit of HKD 521.857 million from the sale of a subsidiary, contributing positively to overall earnings[147]. - The company reported a foreign exchange loss of HKD 144,809,000 due to the translation of overseas operations, compared to a loss of HKD 3,767,000 in the previous year[149]. Revenue and Income Sources - Rental income from commercial properties decreased to HKD 150,000,000 from HKD 168,000,000 in the previous year[12]. - The company’s total customer contracts revenue was HKD 462.692 million, a significant increase from HKD 346.416 million in 2021, representing a growth of 33.5%[147]. - The group owns eight revenue-generating hotels, with plans for renovations at the Wood Street Hotel in London, expected to enhance future income[17]. - The group anticipates that the Ting Lan Hotel will commence operations in summer 2023 after significant renovations, potentially generating substantial revenue from its 435 rooms and dining facilities[17]. Expenses and Costs - Administrative expenses (excluding depreciation) increased to HKD 56,000,000 from HKD 46,000,000, attributed to costs related to new acquisitions[12]. - Administrative expenses increased to HKD 59.923 million from HKD 49.797 million, indicating a rise of 20.5%[147]. - Financial costs rose to HKD 27.359 million, compared to HKD 9.774 million in the previous year, reflecting an increase of 179.5%[147]. - The company expects operational costs to rise significantly due to local labor shortages, while aiming to maintain high occupancy rates and control operational expenses[17]. Debt and Financial Position - As of December 31, 2022, the group's total debt was HKD 1,102,000,000, an increase from HKD 784,000,000 in 2021, primarily due to new bank loans for the acquisition of Ting Lan Hotel costing HKD 1,420,695,000[13]. - The capital-to-debt ratio increased to 13% in 2022 from 10% in 2021, indicating a higher leverage position[13]. - The company’s total liabilities decreased significantly, with bank loans dropping to HKD 55,200,000 in 2022 from HKD 738,408,000 in 2021, a reduction of 92.5%[151]. Corporate Governance - The board consists of nine members, including five executive directors, one non-executive director, and three independent non-executive directors, with two independent directors possessing appropriate professional qualifications[34]. - The company has adopted the corporate governance code as per the Hong Kong Stock Exchange listing rules, ensuring compliance with the latest developments[31]. - The company has not appointed separate individuals for the roles of chairman and CEO, which is believed to provide consistent leadership and cost savings[31]. - The board is responsible for setting the strategic direction and monitoring the performance of senior management[36]. - The company encourages continuous professional development for all directors to enhance their knowledge and skills[38]. - The company is committed to maintaining high standards of corporate governance, focusing on board quality, internal controls, and transparency to shareholders[29]. Shareholder Communication - The company has established various communication channels with shareholders, including printed and electronic communications, and timely updates on the company website[78]. - The company is committed to maintaining effective and ongoing dialogue with shareholders as part of its shareholder communication policy[78]. - The company’s board has reviewed the effectiveness of its shareholder communication policy and believes it continues to enhance timely and transparent communication with shareholders[78]. Market Conditions and Challenges - The tourism market in Hong Kong saw a decline of over 90%, with only 605,000 overseas and Chinese tourists, significantly impacting hotel operations[14]. - The company faces challenges including rising interest expenses and increasing vacancy rates in commercial properties[8]. - The future outlook for hotel operations and rental income remains challenging and uncertain, with management focused on increasing revenue and controlling costs[17]. Environmental and Social Responsibility - The company has implemented various environmental measures to reduce carbon emissions and improve energy and water efficiency[122]. - The company established an Environmental, Social, and Governance (ESG) Committee in 2019 to manage and report on ESG performance and risks[54]. Investment and Acquisitions - The company plans to spend approximately HKD 50,000,000 to renovate the Ting Lan Hotel, which was acquired for HKD 1,420,695,000, and expects to commence operations in summer 2023[6]. - The acquisition of Ting Lan Hotel was made at approximately HKD 6,570 per square foot, with the hotel featuring 435 rooms and a total area of 216,314 square feet[14]. Audit and Risk Management - The audit committee held two meetings in 2022, with all members achieving a 100% attendance rate[53]. - The board confirmed the effectiveness of the group's risk management and internal control systems as of the report date[45]. - The group has established a risk management committee and an internal audit team to oversee risk and internal control processes[47].