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 份 內 容 而 產 生 或 因 倚 賴 該 等 內 容 而 引 致 的 任 何 損 失 承 擔 任 何 責 任 。 湯 臣 集 團 有 限 公 司 ( 於 開 曼 群 島 註 冊 成 立 之 有 限 公 司 ) (股 份 代 號 : 258) 正 面 盈 利 預 告 本公告乃本公司根據《證券及期貨條例》第 XIVA 部及《上市規則》 第 13.09(2)(a) 條而發出。 董事局 謹此 知會， 根據初 步估 計， 預 期本集 團 截 至二零 二五年 六月 三十日 止六 個月 之 股東 應 佔除 稅後綜 合 溢利 將較 二零二 四年同 期 之 1.0367 億港元錄得大幅增長約 6 倍至 7 倍。 股東及有意投資者於買賣本公司股份時務請審慎行事。 本公告乃湯臣集團有限公司（「 本公司」，及當連同其附屬公司時統稱 「本集團」）根據《證券及 ...

智通财经APP讯，*ST围海(002586.SZ)公告，公司(牵头方)、台州市水利水电勘测设计院有限公司组成 的联合体被确定为"莆田市城乡供水一体化—莆田农村'一户一表'及老旧管网改造工程(秀屿区埭头镇一 户一表改造项目)设计施工总承包项目"项目的中标候选人，项目投标报价为1.56亿元，项目涉及秀屿区 埭头镇23个行政村，拟铺设配水管道1732.436公里，工期630个日历天。 ...

FF301 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 00258 | 說明 | 不適用 | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | 3,000,000,000 | | HKD | | 0.5 HKD | | 1,500,000,000 | | 增加 / 減少 (-) | | | 0 | | | HKD | | 0 | | 本月底結存 | | | 3,000,000,000 | HKD | | 0.5 HKD | | 1,500,000,000 | 本月底法定/註冊股本總額： HKD 1,500,000,000 第 1 頁 共 10 頁 v 1.1.1 股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年7月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名 ...

Group 1 - The core viewpoint of the news indicates that ST Unimed (002581) has experienced a decline in stock price and significant net outflow of funds, reflecting investor sentiment and market activity [1][3] - As of July 30, 2025, ST Unimed's stock closed at 7.21 yuan, down 2.44%, with a turnover rate of 3.19% and a trading volume of 128,000 hands, amounting to a transaction value of approximately 93.30 million yuan [1] - The latest financial performance report for ST Unimed shows total operating revenue of 35.33 million yuan, a year-on-year decrease of 57.84%, and a net profit attributable to shareholders of 36.85 million yuan, down 33.01% year-on-year [1] Group 2 - The company has made significant investments, with a total of 11 external investments and participation in 7 bidding projects, indicating active engagement in business expansion [2] - ST Unimed holds 4 administrative licenses, which may enhance its operational capabilities and regulatory compliance [2] - The company, established in 2000 and located in Zibo City, primarily operates in the pharmaceutical manufacturing industry, with a registered capital of approximately 6.60 billion yuan [1][2]

Group 1 - The core viewpoint of the article is that Weiming Pharmaceutical's core subsidiary has triggered a production halt, leading to a risk warning and a change in stock abbreviation to "ST Weiming" [2][6] - Weiming Pharmaceutical's subsidiary, Tianjin Weiming, is expected to be unable to resume normal operations within three months, significantly impacting the company's production and operations [5][10] - The stock will be suspended for one day on July 7 and will resume trading on July 8 with a new risk warning, limiting daily price fluctuations to 5% [2][5] Group 2 - Tianjin Weiming's production halt affects approximately 60% of Weiming Pharmaceutical's revenue, with an expected revenue of 217 million yuan in 2024 [4][5] - The company has faced ongoing internal control risks, including issues with disclosure of related party transactions and inaccurate earnings forecasts, leading to regulatory penalties [10][11] - Weiming Pharmaceutical has reported continuous losses over the past three years, with net profits of -14.68 million yuan, -332 million yuan, and -137 million yuan for 2022, 2023, and 2024 respectively [10][11] Group 3 - The company plans to cooperate with regulatory authorities to rectify deficiencies and aims to restore production as soon as possible [10] - Other subsidiaries of Weiming Pharmaceutical are currently operating normally, and the company intends to optimize management and reduce costs to maintain stable operations [10][11] - The stock price as of July 4 was 11.02 yuan per share, with a total market capitalization of 7.27 billion yuan [12]

Financial Performance - The consolidated profit after taxation attributable to shareholders for the year ended December 31, 2024, was HK$176,789,000, a significant increase of approximately 314% compared to HK$42,684,000 in 2023[17]. - The Group recorded a segment profit from property development and investment business of HK$205,051,000 for 2024, up from HK$99,085,000 in 2023[12]. - Basic earnings per share increased to 8.36 HK cents in 2024 from 2.12 HK cents in 2023[17]. - The Group declared an interim dividend of 13 HK cents per share for 2024, up from 10 HK cents per share in 2023[18]. - The Group shared a net profit from a joint venture of HK$17,919,000 in 2024, down from HK$22,645,000 in 2023[14]. - For the year ended December 31, 2024, the Group recorded a significant increase in net profit attributable to shareholders, amounting to HK$176,789,000, compared to HK$42,684,000 in 2023, representing an increase of approximately 314%[21]. Revenue and Profit Contributions - Total revenue from property development and investment reached HK$343,728,000, accounting for approximately 86.01% of the Group's total operating revenue for 2024[30]. - The property investment segment was the primary profit contributor, generating a segment profit of HK$145,727,000, up from HK$54,091,000 in 2023[25]. - The property development and trading segment contributed a profit of HK$59,324,000, an increase from HK$44,994,000 in the previous year[26]. - The Group's golf club business in Shanghai reported a profit of HK$2,255,000, recovering from a loss of HK$4,132,000 in 2023[26]. - The media and entertainment segment achieved a slight profit of HK$225,000, compared to a loss of HK$276,000 in the previous year[27]. - The Group's Tomson Riviera project recognized total revenue of HK$257.92 million, which accounted for approximately 64.54% of the Group's gross proceeds from operations[36]. Assets and Liabilities - Total assets increased by approximately 12.42% to HK$20,641,624,000 as of December 31, 2024, primarily due to pre-sale proceeds from Tomson Foresta[99]. - The Group's total liabilities amounted to HK$5,398,212,000, down from HK$6,218,040,000 in 2023, with 41.91% being tax payables and 20.63% being borrowings[107]. - Borrowings increased to HK$1,113,875,000 as of December 31, 2024, representing 9.47% of equity attributable to owners, up from 3.13% in 2023[108]. - The current ratio decreased to 1.63 from 2.05 in 2023, while the gearing ratio increased to 74.41% from 51.79%[113]. Cash Flow and Investments - Cash and cash equivalents decreased by approximately 39.83% to HK$2,130,774,000 as of December 31, 2024[101]. - The Group recorded a net decrease in cash and cash equivalents of HK$1,311,087,000 during the year, compared to a decrease of HK$297,696,000 in 2023[105]. - As of December 31, 2024, the fair value of the Group's listed securities investments held for trading was HK$47,540,000, approximately 0.23% of total assets[90]. - Dividend income from SZMP increased to HK$32,719,000 in 2024 from HK$18,470,000 in 2023, while an unrealized loss of HK$61,780,000 was recorded for the investment[92]. Development Projects - The Group plans to develop the Tomson Foresta project in six phases over the next three years, with the first phase consisting of 43 units sold for a total consideration of HK$2,794 million[49][50]. - The second phase of the project includes 196 residential units with a total gross floor area of approximately 61,700 square meters, with 83 units contracted for sale and pre-sale proceeds of HK$557 million received as of December 31, 2024[51][52]. - The third phase will provide 58 townhouse units with a total gross floor area of approximately 38,300 square meters, targeted for sale in Q4 2025, subject to local government approval[51][52]. - The fourth phase of the project commenced construction in 2024 and is expected to be completed by 2028, featuring low-rise apartment buildings with a total gross floor area of approximately 103,300 square meters[55][57]. Corporate Governance - The Board consists of six members, including three executive Directors and three independent non-executive Directors[142]. - The Company maintains high standards of corporate governance, which is crucial for enhancing operational efficiencies and shareholder value[160]. - The Audit Committee conducted three meetings to review interim and annual financial statements and evaluate risk management and internal control systems[170]. - The Company has adopted a policy where no Director can decide their own remuneration, ensuring impartiality in the remuneration process[184]. - The Company encourages Directors to participate in professional development seminars and conferences to enhance their skills[193]. Risk Management - The Group is committed to maintaining effective risk control as a core competitiveness and investment highlight[140]. - The risk management and internal control systems are designed to manage significant risks but do not eliminate them, providing reasonable assurance against material misstatement or loss[200]. - The management will adopt a conservative approach in managing the securities trading portfolio, focusing on securities with steady recurrent yield[128]. Workforce and Employment - Total emoluments paid to staff and directors during the year amounted to HK$67,733,000[129]. - The Group employs approximately 420 staff across various offices, including Hong Kong and Shanghai[129]. - The gender ratio in the workforce, including senior management, was approximately 51:49 as of the end of the review year[141].

Financial Performance - Total operating revenue for the year ended December 31, 2024, was HKD 399,633,000, a decrease of 29.6% compared to HKD 567,364,000 in 2023[2] - Net profit for the year was HKD 174,516,000, significantly up from HKD 44,964,000 in the previous year, representing a growth of 288.5%[3] - Basic earnings per share increased to HKD 8.36 from HKD 2.12, marking a rise of 295.3%[3] - Total revenue for the year 2024 was HKD 393.727 million, a decrease of 23.4% from HKD 513.810 million in 2023[13] - Operating profit for 2024 was HKD 399.633 million, a decline of 29.6% compared to HKD 567.364 million in 2023[13] - The group recorded a pre-tax operating profit of HKD 308,237,000 for the year, a significant increase from HKD 223,819,000 in the previous year, representing a growth of approximately 37.8%[31] - The group's net profit attributable to shareholders reached HKD 176,789,000, a substantial increase of about 314% compared to HKD 42,684,000 in the same period last year[31] Assets and Liabilities - Total assets as of December 31, 2024, amounted to HKD 12,873,295,000, a decrease from HKD 13,261,625,000 in 2023[5] - Non-current assets increased to HKD 7,988,893,000 from HKD 7,897,957,000, reflecting a growth of 1.15%[4] - Current liabilities rose to HKD 7,768,329,000 from HKD 5,099,586,000, indicating an increase of 52.5%[5] - The company reported a net cash position of HKD 2,130,774,000, down from HKD 3,526,296,000 in the previous year[4] - The company’s equity attributable to shareholders decreased to HKD 11,757,959,000 from HKD 12,006,560,000, a decline of 2.07%[5] - Total assets increased by approximately 12.42% to HKD 20,641,624,000, while equity attributable to equity holders decreased by about 2.07% to HKD 11,757,959,000 due to RMB depreciation[49] - As of December 31, 2024, the group's borrowings amounted to HKD 1,113,875,000, representing about 9.47% of equity attributable to equity holders, with approximately 84.92% of borrowings denominated in RMB[51] Revenue Sources - Revenue from property sales was HKD 132.295 million in 2024, down 39.7% from HKD 219.606 million in 2023[13] - Revenue from media and entertainment business dropped significantly to HKD 482 thousand in 2024 from HKD 2.579 million in 2023[13] - The group’s total operating income from various segments was HKD 399.633 million in 2024, with property investment contributing HKD 211.433 million[16] - Property investment was the primary source of profit, contributing HKD 145,727,000, up from HKD 54,091,000 in the previous year, marking an increase of approximately 169%[32] - The total revenue from property development and investment was HKD 343,728,000, accounting for about 86.01% of the group's total operating income for the year[33] - The "汤臣一品" project generated total revenue of approximately HKD 257,920,000, representing about 64.54% of the group's total operating income[34] Cash Flow and Expenditures - Cash and cash equivalents decreased by approximately 39.83% to HKD 2,130,774,000, with net cash outflows from operating activities amounting to HKD 2,124,577,000[50] - The group had development property expenditure commitments of HKD 2,123,477,000, primarily related to the development of Tang Chen Jun Pin in Shanghai[52] Taxation and Dividends - The total tax expense for the year was HKD 174,065,000, compared to HKD 90,201,000 in 2023, with a significant portion attributed to mainland China corporate income tax[9] - The company declared an interim dividend of HKD 0.13 per share for the fiscal year ending December 31, 2024, up from HKD 0.10 per share in 2023, totaling approximately HKD 281,632,000[23] Market Outlook and Strategy - The board maintains a cautiously optimistic outlook on the long-term economic development in mainland China, despite short-term market volatility due to high interest rates and low sentiment[56] - The group aims to maintain an optimal balance in resource allocation across different regions and business categories[56] - The main profit sources for the group in 2025 are expected to be from the Tongchen Junpin and Tongchen Yipin projects, with ongoing construction progressing as planned[56] - The management will continue to adopt a conservative approach in managing the group's securities trading portfolio, focusing on securities with stable recurring income[57] Corporate Governance - The board has reviewed the corporate governance practices and believes it has complied with all applicable code provisions during the financial year[59]

Financial Performance - The Group reported a consolidated profit after taxation of HK$103,669,000 for the first half of 2024, a significant increase of approximately 4.35 times compared to HK$19,387,000 in the same period of 2023[14]. - Basic earnings per share increased to 5.03 HK cents, up from 0.98 HK cent in 2023[14]. - Net profit for the period increased significantly to HK$102,631,000, compared to HK$20,463,000 in 2023, marking a growth of 401.5%[125]. - Profit before taxation for the period was HK$103,669,000, a substantial increase from HK$19,387,000 in the same period last year[165]. - Total comprehensive expense for the period was HK$188,396,000, a reduction from HK$431,657,000 in 2023[125]. Revenue and Operations - Gross proceeds from operations decreased to HK$133,553,000 for the six months ended 30th June, 2024, down from HK$341,648,000 in 2023[13]. - Revenue for the period was HK$129,565,000, a decline of 57.5% compared to HK$304,291,000 in the previous year[123]. - The property investment segment generated revenue of HK$106,963,000, accounting for approximately 80.09% of the gross proceeds from operations for the first half of 2024[20]. - The property development and investment segment generated revenue of HK$106,963,000, accounting for approximately 80.09% of the total operating income for the six months ended June 30, 2024[25]. - Revenue from property sales was HK$148,822,000, while revenue from golf club operations was HK$22,602,000, down from HK$24,275,000 in 2023[142]. Segment Performance - The property investment segment reported a segment profit of HK$93,979,000, an increase from HK$73,413,000 in 2023[15]. - The Tomson One project in Shanghai recognized total revenue of approximately HK$64,560,000, representing about 48.34% of the Group's total operating income during the same period[26]. - The Shanghai Pudong Golf Club generated revenue of HK$22,602,000 for the six months ended June 30, 2024, accounting for approximately 16.92% of the Group's total operating revenue, with a gross profit of HK$10,160,000[42]. - The property development and trading segment reported a loss as pre-sale proceeds could not be recognized as revenue before property delivery[20]. - The leisure operating segment's land use right expired in April 2024, and the Group has applied for renewal from local government authorities[150]. Cash Flow and Financial Position - The Group's cash and cash equivalents amounted to HK$3,812,642,000 as of June 30, 2024, reflecting an increase of approximately 1.08% from the previous year[56]. - The Group achieved net cash inflows of HK$75,040,000 from investing activities and HK$629,758,000 from financing activities during the reporting period[56]. - The net cash from financing activities showed a substantial increase, with new borrowings raised amounting to HK$1,051,608,000, compared to HK$167,500,000 in the previous year[133]. - The Group recorded a net increase in cash and cash equivalents of HK$347,391,000 during the period, compared to a net decrease of HK$47,027,000 in the previous year[56]. - Current liabilities totaled HK$8,321,674,000, compared to HK$5,015,403,000 at the end of 2023, indicating a significant rise[129]. Investments and Assets - The fair value of the Group's investment properties was approximately HK$7,279,042,000 as of June 30, 2024, with an unrealized gain of HK$31,558,000 recognized during the period[168]. - The Group's investment in Shanghai Zhangjiang Micro-electronics Port Co. Ltd. had a fair value of HK$252,176,000 as of June 30, 2024, representing approximately 1.19% of total assets, with an unrealized loss of HK$34.74 million during the period[47]. - The Group's assets with an aggregate carrying value of HK$2,176,230,000 were pledged to secure bank facilities as of June 30, 2024[70]. - Non-current assets increased to HK$8,084,838,000 from HK$7,897,957,000 as of December 31, 2023[127]. - Financial assets at fair value through profit or loss (FVTPL) are valued at HK$46,023,000 as of June 30, 2024, down from HK$49,257,000 on December 31, 2023[189]. Shareholder Information - Madam Hsu Feng holds a personal interest in 288,133,825 shares, representing 13.300% of the total issued shares of the company[90]. - The total interest of Madam Hsu Feng in the company amounts to 914,055,619 shares, which is 42.192% of the total issued shares[90]. - Mr. Albert Tong holds 324,065,547 shares, representing 14.959% of the total issued shares[92]. - The issued and fully paid shares as of June 30, 2024, total 2,166,398,580 shares with an amount of HK$1,083,198,000, reflecting an increase from 2,052,147,187 shares and HK$1,026,073,000 on December 31, 2023[175]. - The company encourages and funds employee training and development to maintain professional standards[80]. Governance and Compliance - The company has complied with all applicable code provisions of the Corporate Governance Code throughout the reporting period, except for the dual role of Madam Hsu Feng as both Chairman and Managing Director[111]. - The Audit Committee consists of three independent non-executive directors, with Mr. Cheung Siu Ping acting as the chairman[113]. - The financial reporting process, risk management, and internal controls are regularly reviewed by the Audit Committee[113]. - The company has not reported any interests or short positions in securities by directors other than those disclosed[105]. - There were no changes in the information regarding the Directors of the Company since the publication of the Annual Report 2023[119].

Financial Performance - Total revenue for the six months ended June 30, 2024, was HKD 133,553,000, compared to HKD 129,565,000 for the same period in 2023, representing an increase of 3%[2] - Gross profit for the period was HKD 106,468,000, with a gross margin of approximately 79.8%, compared to HKD 179,908,000 and a margin of 52.8% in the previous year[2] - The net profit for the six months ended June 30, 2024, was HKD 102,631,000, significantly up from HKD 20,463,000 in the same period of 2023, marking a growth of 400%[7] - Earnings per share for the period was HKD 5.03, compared to HKD 0.98 in the previous year, reflecting a substantial increase[3] - The operating profit for the six months ended June 30, 2024, was HKD 133,553,000, significantly lower than HKD 341,648,000 for the same period in 2023, indicating a decrease of about 60.9%[13] - The company reported a pre-tax profit of HKD 148,219,000 for the six months ended June 30, 2024, compared to HKD 93,464,000 for the same period in 2023[14][21] - The company reported a significant increase in profit attributable to equity holders, reaching HKD 103,669,000 for the six months ended June 30, 2024, compared to HKD 19,387,000 in the same period of 2023, representing an increase of approximately 435%[29] - Basic earnings per share for the first half of 2024 were HKD 5.03, compared to HKD 0.98 for the same period in 2023[29] Revenue Breakdown - Total revenue for the six months ended June 30, 2024, was HKD 129,565,000, a decrease from HKD 304,291,000 for the same period in 2023, representing a decline of approximately 57.5%[13] - Revenue from property sales was HKD 148,822,000 for the six months ended June 30, 2023, while no revenue was reported for the same category in 2024[13] - Income from golf club services was HKD 22,602,000 for the six months ended June 30, 2024, down from HKD 24,275,000 in 2023, reflecting a decrease of about 6.9%[13] - Fixed lease payments income decreased to HKD 92,530,000 in 2024 from HKD 114,302,000 in 2023, a decline of approximately 19.1%[13] - The company's property investment segment was the primary source of profit, contributing HKD 93,979,000, up from HKD 73,413,000 in 2023[30] - Total revenue from property investment was HKD 106,963,000, accounting for approximately 80.09% of total operating income for the six months ended June 30, 2024[31] - Rental income from commercial and industrial properties in Pudong generated stable recurring income of approximately HKD 41,800,000, accounting for about 31.30% of total operating income during the review period[33] - The Shanghai Tongchen Pudong Golf Club generated revenue of HKD 22,602,000 for the six months ending June 30, 2024, accounting for approximately 16.92% of the group's total operating income[38] Assets and Liabilities - The total assets as of June 30, 2024, amounted to HKD 13,171,969,000, compared to HKD 10,463,254,000 as of December 31, 2023, indicating a growth of 26%[9] - Non-current assets, including investment properties, increased to HKD 7,279,042,000 from HKD 6,993,381,000, showing a rise of 4%[8] - Current liabilities decreased to HKD 8,321,674,000 from HKD 5,099,586,000, reflecting a reduction in financial obligations[9] - The company reported a significant increase in cash and bank balances, reaching HKD 3,812,642,000, up from HKD 3,526,296,000[8] - Total liabilities amounted to HKD 6,606,871,000 as of June 30, 2024, with approximately 55.10% classified as current liabilities[45] - The group's borrowings increased to HKD 1,051,608,000 as of June 30, 2024, representing about 8.92% of equity attributable to the company's shareholders[45] - The current ratio decreased to 1.58 from 2.05, and the debt-to-equity ratio increased to 79.17% from 51.79%, primarily due to new borrowings and increased contract liabilities[46] - Total assets pledged as collateral for bank credit amounted to approximately HKD 2,176,230,000 as of June 30, 2024, up from HKD 648,980,000 as of December 31, 2023[47] Dividends and Shareholder Equity - The company did not recommend any interim dividend for the review period, while a dividend of HKD 0.10 per share was paid for the year ended December 31, 2023, totaling approximately HKD 205,215,000[24] - The company does not recommend the payment of an interim dividend for the six months ended June 30, 2024, consistent with the previous year[30] - The company’s equity attributable to shareholders increased to HKD 11,788,083,000 from HKD 12,006,560,000, indicating a slight decrease of 2%[9] - The group issued 114,251,393 new shares at HKD 1.5238 per share as part of a scrip dividend plan, replacing a cash dividend totaling approximately HKD 174,100,000[44] Tax and Expenses - The company reported a decrease in income tax expenses to HKD 45,588,000 for the six months ended June 30, 2024, down from HKD 73,001,000 in 2023[22] - Financing costs for the six months ended June 30, 2024, were HKD 7,728,000, slightly higher than HKD 7,124,000 in 2023[20] Future Outlook and Projects - The company has received sales deposits of approximately HKD 2,726,000,000 for the first phase of the "Tang Chen Jun Pin" residential project, which is expected to be recognized as revenue upon delivery in Q1 2025[35] - The company is actively advancing the construction of the "Tang Chen Jun Pin" project, with plans to complete it in six phases over the next four years[35] - The group holds a 70% interest in the residential development project "Thames Bishop Hill No. 1" in Macau, with no sales revenue recorded in the first half of 2024 due to a sluggish market[36] - The board remains cautiously optimistic about the long-term economic development in mainland China, despite short-term market volatility due to high interest rates[49] - The group aims to maintain a balanced resource allocation across regions and business categories while focusing on the real estate sector as a core investment strategy[49] - The group expects the "汤臣一品" project to be a major profit source for the fiscal year 2024, with "汤臣君品" anticipated to contribute significantly in the coming years[49] - Management will continue to adopt a conservative approach in managing the group's securities trading portfolio, emphasizing stable recurring income securities[49] Other Notable Events - The company recognized a gain of HKD 84,786,000 from forfeited deposits during the period, which was not present in the previous year[2] - The group terminated the equity transfer agreement for the sale of Shanghai Chengqi Technology Co., resulting in the forfeiture of a deposit of HKD 84,786,000[43] - The group has no significant contingent liabilities as of the reporting date, consistent with the previous period[49] - The company applied new accounting standards effective from January 1, 2024, with no significant impact on financial performance or disclosures[11]

Financial Performance - The consolidated profit after taxation attributable to shareholders for the year ended December 31, 2023, was HK$42,684,000, a significant increase of approximately 149% compared to HK$17,168,000 in 2022[19]. - Basic earnings per share for the year amounted to 2.12 HK cents, up from 0.87 HK cents in 2022[19]. - The Group reported an operating profit before taxation of HK$223,819,000 for the year under review, compared to HK$217,288,000 in 2022[18]. - Revenue from the property development and trading segment increased during the year, although segment profit slightly improved to HK$99,085,000 from HK$98,828,000 in 2022[18]. - The Group recorded a net gain on trading securities investment of HK$2,287,000, down from HK$8,161,000 in 2022[18]. - Interest income increased to HK$72,633,000 from HK$70,210,000 in 2022, while net exchange loss decreased to HK$5,907,000 from HK$28,577,000[18]. - The Group shared a net profit from a joint venture of HK$22,645,000, compared to a net loss of HK$15,289,000 in 2022[18]. - An unrealized loss on fair value changes of investment properties in Shanghai was recorded at HK$109,255,000, compared to HK$75,204,000 in 2022[18]. - Administrative expenses and finance costs increased during the year[18]. - The Group's performance improvement was mainly attributed to the property development and trading business[18]. Dividends and Shareholder Returns - The Board declared an interim dividend of 10 HK cents per share for the year ended 31st December, 2023, an increase from 8.50 HK cents per share in 2022[20]. - The Scrip Dividend Scheme is subject to the approval of The Stock Exchange of Hong Kong Limited[21]. - The register of members will be closed from 30th April to 3rd May, 2024, for determining shareholders eligible for the interim dividend[179]. - The annual general meeting is scheduled for 6th June, 2024, with the register of members closed from 31st May to 6th June, 2024[180]. - The Company aims to provide stable and sustainable returns to shareholders through its dividend policy, with the payout ratio determined at the Board's discretion based on various factors[144]. Property Development and Investment - The property investment segment contributed a profit of HK$54,091,000 for the year ended 31st December, 2023, down from HK$94,780,000 in 2022[24]. - The property development and trading segment generated a profit of HK$44,994,000, significantly up from HK$4,048,000 in 2022[24]. - Total revenue from property development and investment was HK$459,870,000, accounting for approximately 81.05% of the Group's gross proceeds from operations for 2023[24]. - Tomson Riviera recognized total revenue of HK$293.39 million, representing about 51.71% of the Group's gross proceeds from operations[25]. - Rental income and property management fees from commercial and industrial properties provided HK$90.71 million, accounting for approximately 15.99% of the Group's gross proceeds[27]. - Miscellaneous residential developments, including Tomson Golf Villas and Garden, recognized revenue of HK$75.78 million, representing approximately 13.35% of the Group's gross proceeds[30]. - The Group's property development and investment segment will be significantly supported by the Jinqiao Town project in Pudong, Shanghai, which is expected to be a major profit contributor in the coming years[76]. Financial Position and Assets - Total assets decreased by approximately 2.31% to HK$18,361,211,000 as of December 31, 2023, while equity attributable to owners decreased by about 3.08% to HK$12,006,560,000[55]. - Cash and cash equivalents amounted to HK$3,541,040,000, reflecting a decrease of approximately 10.72% from the previous year[56]. - The Group's borrowings increased to HK$375,811,000, representing approximately 3.13% of equity attributable to owners, with 55.43% of borrowings denominated in Renminbi[61]. - As of December 31, 2023, liabilities totaled HK$6,218,040,000, with about 60.30% being tax payables under current liabilities[60]. - The Group's total liabilities were HK$6,218,040,000 as of December 31, 2023, compared to HK$5,967,079,000 in 2022, with about 60.30% classified as current liabilities[62]. - The current ratio as of December 31, 2023, was 2.05 times, slightly down from 2.12 times in 2022, while the gearing ratio rose to 51.79% from 49.15%[64]. Governance and Corporate Structure - The Board of Directors consists of six members, including three executive Directors and three independent non-executive Directors, following the retirement of Mr. Sean S J Wang[84]. - The Company has achieved gender diversity at the Board level with one female director and five male directors, aiming to maintain this representation[88]. - Throughout 2023, at least 50% of the Board members were independent non-executive directors, contributing valuable independent views[91]. - The Board has established mechanisms to ensure independent views are available, maintaining an appropriate proportion of independent non-executive directors[94]. - The management is responsible for implementing strategies and plans adopted by the Board, with clearly defined authorities and responsibilities[95]. - The Board met regularly throughout the year, with four regular meetings held in 2023[96]. - The Nomination Committee conducted an annual review of the Board's structure and composition, confirming the achievement of diversity[87]. Risk Management and Internal Control - The Audit Committee conducted three meetings in 2023 to review interim and annual financial statements, evaluating risk management and internal control systems[104]. - The Audit Committee confirmed that the risk management and internal control systems were effectively implemented in 2023[107]. - The risk management and internal control systems are designed to manage significant risks but cannot provide absolute assurance against material misstatement or loss[130]. - The Group's code on risk management and internal control has been regularly reviewed and modified since its adoption in 2005[129]. Charitable Contributions and Community Engagement - The Group has made charitable donations to various organizations, including World Vision Hong Kong and Médecins Sans Frontières, to support activities in poverty relief and education[152]. - The Group has participated in the "Heart to Heart Project" since 2005 to encourage youth volunteerism in the community[152]. - The Group donated approximately HK$257,000 for charitable and other causes during the year ended 31st December, 2023[182]. Employment and Staff - As of December 31, 2023, the Group employed approximately 400 staff members, with total emoluments amounting to HK$64,099,000[77]. - The gender ratio in the workforce, including senior management, was approximately 53:47 as of the end of the review year[83]. Future Outlook - The Group anticipates that Tomson Riviera and One Penha Hill will be the principal sources of profit in 2024, as it continues to focus on high-end residential property development[74]. - The management holds a positive view on potential demand for properties in Shanghai and Macau, and will closely monitor marketing and pricing strategies[72]. - The Group is cautiously optimistic about the long-term economic development in Mainland China, despite short-term volatility in the property market due to high interest rates[73][74].