香港交易及結算所有限公司及香港聯合交易所有限公司對本公告之內容概不負 責，對本公告之準確性或完整性亦不發表任何聲明，並明確表示概不就因本公告 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。 KWOON CHUNG BUS HOLDINGS LIMITED 冠忠巴士集團有限公司 * （於百慕達註冊成立之有限公司） （股份代號：306） 截至二零二五年三月三十一日止年度 末期業績、 獨立非執行董事退任 及 董事委員會組成變更 冠 忠 巴 士 集 團 有 限 公 司（「本公司」）董 事（「董 事」）會（「董事會」）欣 然 宣 佈 本 公 司 及 其 附 屬 公 司（統 稱「本集團」）截 至 二 零 二 五 年 三 月 三 十 一 日 止 年 度 之 綜 合 業 績，連 同去年之比較數字如下： 綜合損益表 | | | | 截至三月三十一日止年度 | | | --- | --- | --- | --- | --- | | | | | 二零二五年 | 二零二四年 | | | | 附 註 | 千港元 | 千港元 | | 收 | 入 | 4 | 2,529,916 | 2,095,417 | | 提供 ...

点击蓝字，关注我们 6月19日美股因六月节休市，6月20日（周五）恢复正常交易。 今日上午港股 8. 北森控股 (09669) 暴跌逾17%， 年度经调整EBITDA仅2890万元（同比收窄），光大证券下调营收预测 10%-15%，增长乏力引抛售。 9. 上美股份 (02145) 涨超4%， 韩束5月抖音GMV同比增13%蝉联榜首，自播+商品卡激增71%，渠道结构 优化提振盈利预期。 10. 中国中免 (01880) 涨超5%， 市内免税店加速扩容（已开业4家+9家筹备中），政策利好+出境分流减 弱驱动估值修复。 11. 顺丰控股 (06936) 涨超6%创新高， 5月速运收入同比增13.4%，无人配送车规模化降本（全替换或增 利46亿）打开远期空间。 1. 基石药业-B (02616) 涨超5%， 舒格利单抗肺癌III期长期生存数据登顶《柳叶刀·肿瘤学》，巩固中欧 一线治疗地位，临床价值再获权威认证。 2. 海昌海洋公园 (02255) 涨超4% ，祥源控股22.95亿港元收购38.6%股权案进入公示期，若完成将成控股 股东，纾解流动性压力。 3. 南京熊猫电子 (00553) 跌逾6%， 拟挂牌出售ENC ...

NLR 中期報告 2024/25 | 冠忠巴士集團有限公司 1 | --- | --- | --- | |------------------------------|--------|----------| | 換算海外業務時產生之匯兌差額 | 8,479 | (15,957) | | | | | | 期間全面收益╱（虧損）總額 | 17,845 | (6,502) | | | | | | 以下人士應佔： | | | | 母公司擁有人 | 13,353 | (6,143) | | 非控股權益 | 4,492 | (359) | | | | | | | 17,845 | (6,502) | | --- | --- | --- | --- | |------------------------|-------|--------------------------------------|--------------------------------------| | | 附註 | 二零二四年 \n九月三十日 （未經審核） | 二零二四年 \n三月三十一日 （經審核） | | | | 千港元 | 千港元 | | ...

Financial Performance - Revenue for the six months ended September 30, 2024, was HKD 1,112,211,000, an increase of 24.5% compared to HKD 893,308,000 for the same period in 2023[5] - Gross profit for the same period was HKD 211,132,000, up 17.0% from HKD 180,448,000 in 2023[7] - Profit before tax decreased to HKD 10,407,000, down 47.0% from HKD 19,646,000 in the previous year[9] - Net profit for the period was HKD 9,366,000, slightly down from HKD 9,455,000 in 2023[11] - Basic and diluted earnings per share for the period were HKD 1.34, compared to HKD 1.16 in the same period last year, reflecting a 15.5% increase[14][15] - Total comprehensive income for the period was HKD 17,845,000, compared to a loss of HKD 6,502,000 in 2023[21] - Total revenue for the six months ended September 30, 2024, reached HKD 1,112,211, an increase from HKD 893,308 in the same period of 2023, representing a growth of approximately 24.6%[42] - The pre-tax profit for the six months ended September 30, 2024, was HKD 106,434, compared to HKD 112,225 for the same period in 2023, indicating a decrease of about 5.5%[45] - The total tax expense for the six months ended September 30, 2024, was HKD 1,041, a significant decrease from HKD 10,191 in the same period of 2023[45] - The group recorded an unaudited consolidated profit attributable to the parent company of approximately HKD 6,400,000 for the six months ended September 30, 2024, compared to HKD 5,500,000 for the same period in 2023, showing relative stability[57] Assets and Liabilities - Non-current assets as of September 30, 2024, totaled HKD 3,653,482,000, a slight decrease from HKD 3,655,363,000 as of March 31, 2024[24] - Current assets increased to HKD 1,105,664,000 from HKD 922,086,000, representing a growth of 19.9%[26] - Current liabilities rose to HKD 906,633,000, up from HKD 784,731,000, indicating a 15.5% increase[26] - Total equity as of September 30, 2024, was HKD 2,014,223,000, a marginal increase from HKD 2,013,058,000 as of March 31, 2024[26] - Trade receivables as of September 30, 2024, amounted to HKD 339,520, up from HKD 304,563 as of March 31, 2024, reflecting an increase of approximately 11.5%[49] - The net value of trade receivables after impairment was HKD 301,600 as of September 30, 2024, compared to HKD 272,076 as of March 31, 2024, showing an increase of about 10.9%[51] - The company’s trade payables as of September 30, 2024, were HKD 70,507, an increase from HKD 57,502 as of March 31, 2024, indicating a rise of approximately 22.5%[54] - As of September 30, 2024, the total outstanding debt amounted to approximately HKD 1,648,600,000, an increase from HKD 1,544,700,000 as of March 31, 2024[73] - The debt-to-equity ratio as of September 30, 2024, was approximately 81.8%, up from 76.7% as of March 31, 2024[73] Revenue Breakdown - Total revenue for the six months ended September 30, 2024, was HKD 1,171,397,000, with external sales contributing HKD 1,112,211,000[39] - The non-patent bus segment generated revenue of HKD 863,755,000, with a profit of HKD 59,481,000[39] - The luxury car segment reported revenue of HKD 196,693,000, achieving a profit of HKD 9,314,000[39] - The public minibus segment incurred a loss of HKD 4,214,000, with total revenue of HKD 112,595,000[39] - The mainland China business segment generated revenue of HKD 81,940,000, with a profit of HKD 1,598,000[39] - Other services contributed HKD 800,000 in revenue, resulting in a loss of HKD 1,187,000[39] - Revenue from non-patented bus services was approximately HKD 798,000,000, a 26.4% increase from approximately HKD 631,500,000 in the previous period, driven by the recovery of the domestic tourism industry and MICE tourism[60] - Revenue from luxury car services was approximately HKD 140,800,000, a significant increase of 53.4% from approximately HKD 91,800,000 in the previous period, primarily due to increased traffic from Macau[61] - Revenue from patented bus and public minibus services was approximately HKD 104,300,000, a 12.2% increase from approximately HKD 93,000,000 in the previous period, despite rising operational costs[63] - Revenue from mainland China operations was approximately HKD 67,800,000, a decrease of 10.7% from approximately HKD 75,900,000 in the previous period, although positive contributions were noted from specific tourism and hotel operations[64] Corporate Governance and Management - The group did not have any supplier financing arrangements, which had no impact on the interim financial data[34] - The accounting policies adopted for the interim financial data are consistent with those applied in the annual financial statements for the year ended March 31, 2024[32] - The group’s financial position and performance were unaffected by the recent amendments to the Hong Kong Financial Reporting Standards[33] - The group adopts a prudent financing and financial management policy to minimize financial risks, relying on internal cash flow and bank credit for future investments[74] - The group has complied with the corporate governance code as per the Hong Kong Stock Exchange regulations during the reporting period[77] - No purchases, redemptions, or sales of the company's listed securities were made by the company or its subsidiaries during the reporting period[78] - Ms. Zhang has been appointed as an independent non-executive director with an annual director's fee of HKD 285,000, effective from December 1, 2024, for a term of two years[84] - Ms. Zhang has confirmed her independence according to the listing rules and has no financial or other interests in the group's business[86] - The board welcomes Ms. Zhang to her new role, indicating a commitment to governance and oversight[87] Future Outlook and Strategic Initiatives - The group is exploring business transformation opportunities and has replaced all old diesel buses in Nanzhang County with electric buses, receiving positive feedback from the local government and community[68] - The group has applied for a second round of the transport industry labor importation scheme to maintain operational capacity in response to increasing service demand[60] - The management believes that the post-pandemic recovery in domestic tourism will enhance the attractiveness of the Bifengxia scenic area, which is expected to draw more visitors[65] - The group maintains a cautiously optimistic outlook for the second half of the year, influenced by external risks and uncertainties, including global fuel price fluctuations and wage pressures[70] - The group is actively exploring autonomous electric bus services, with the first autonomous public transport system in Hong Kong expected to commence operations in Q4 2025[71] - The group has secured contracts for autonomous electric bus services in the West Kowloon Cultural District, with operations expected to start in Q4 2025[71] - Key infrastructure projects, such as the Kai Tak Sports Park and the Hong Kong-Zhuhai-Macao Bridge, are anticipated to boost domestic tourism and facilitate business growth in the Greater Bay Area[70] - The group employs approximately 4,580 employees as of September 30, 2024, an increase from 4,440 employees as of March 31, 2024[75]

Financial Performance - The company achieved a net profit of approximately HKD 32,100,000 for the year ending March 31, 2024, compared to a net loss of approximately HKD 130,700,000 in the previous year[1]. - Total revenue for the year was approximately HKD 2,095,400,000, representing a 59.8% increase from approximately HKD 1,311,300,000 in the previous year[1]. - The gross profit margin for the year reached 21.8%, an increase of 15.8% year-on-year, gradually recovering to pre-pandemic levels[1]. - Financial expenses increased by 22.9% compared to the previous year, primarily due to high interest rates during the year[2]. - The total outstanding debt as of March 31, 2024, was approximately HKD 1,544.7 million, down from HKD 1,745.2 million in 2023, resulting in a debt-to-equity ratio of about 76.7%[83]. - The company reported a profit of HKD 52,169,000 for the year, recovering from a loss of HKD 137,879,000 in the previous year[110]. - Revenue from luxury cars surged to HKD 231,221,000, compared to HKD 66,056,000 in the previous year, reflecting a growth of 250.5%[110]. - Revenue from mainland China operations reached approximately HKD 231.7 million, a significant increase of 98.2% from HKD 116.9 million in the previous year, driven by a strong recovery in local tourism[94]. Operational Highlights - Cross-border transportation revenue amounted to approximately HKD 594,500,000, a significant increase of 926.8% from approximately HKD 57,900,000 in the previous year[3]. - The recovery of the company's Hong Kong operations has been bolstered by the resumption of normal economic activities and strong recovery in mainland tourism[1]. - The group operates approximately 1,285 non-proprietary public buses and 428 luxury cars as of March 31, 2024[47]. - The group has established a network of six 24-hour cross-border shuttle bus lines since 2004, connecting the Huanggang Port with designated locations in Hong Kong[38]. - The group is actively expanding its cross-border transport services in the Greater Bay Area, anticipating strong demand and business opportunities due to rapid regional development[56]. - The group has formed a joint venture with Hafil Transport Company in Saudi Arabia to provide intercity bus transport services, enhancing its international collaboration[66]. Strategic Initiatives - The company plans to implement cost control measures to mitigate the impact of rising labor and fuel costs, which together account for nearly half of total operating costs[2]. - The company is actively working to retain experienced drivers and has applied for the government's labor importation program to stabilize its workforce[5]. - The group is focused on sustainable development in its hotel management and tourism operations, particularly in Chongqing and Sichuan[20]. - The management team is focused on innovation and technology in transportation, aiming to improve service delivery and customer experience[23]. - The group is involved in the development of autonomous driving projects, with a focus on enhancing operational efficiency[30]. - In 2024, the group partnered with KCM-PML Joint Venture to develop an autonomous vehicle transport system for Hong Kong International Airport, marking a significant milestone in smart mobility development[51]. Governance and Management - The company has appointed independent non-executive directors with extensive experience in law and finance, enhancing governance and oversight[17][18]. - The group’s operations director has over 20 years of experience in the bus industry, including leadership roles in major companies, which strengthens operational management[23]. - The independent directors bring valuable insights from their backgrounds in accounting, law, and corporate governance, contributing to effective oversight[18][19]. - The company has established mechanisms to ensure independent opinions and advice are obtained, with the nomination committee evaluating the independence of all independent non-executive directors annually[136]. - The board consists of six directors, including three executive directors and three independent non-executive directors as of March 31, 2024[132]. - The company has implemented a standard code of conduct for directors regarding securities trading, ensuring compliance with listing rules[130]. Community and Social Responsibility - The group is actively involved in community service and non-governmental organizations, reflecting its commitment to corporate social responsibility[18]. - The group has replaced all old diesel buses in Nanzhang County with electric buses, receiving praise from the local government and the public[81]. - The group has been focusing on ecological tourism and leisure travel in the Bipenggou area, which spans approximately 613.8 square kilometers and is only 200 kilometers from Chengdu[68]. Future Outlook - The group maintains a pragmatic and optimistic outlook for the upcoming year, influenced by external factors such as easing inflation in Hong Kong and the nearing end of the US interest rate hike cycle[101]. - The group believes that the rapid development of the Greater Bay Area will provide significant momentum and opportunities for future growth[54]. - The company plans to leverage the location advantages of Chongqing Grand Hotel to explore local market opportunities and enhance business diversification[97].

Business Strategy and Market Opportunities - The group aims to leverage the location advantage of Chongqing Grand Hotel to explore local market opportunities and enhance business diversification[1] - The group is exploring partnerships to optimize land use at the bus station, aiming to create new business opportunities[21] - The company continues to focus on expanding its service offerings, including luxury car rentals and travel services in Hong Kong and mainland China[71] - The company plans to continue expanding its diversified cross-border transportation services in the Greater Bay Area to drive future business growth[94] Financial Performance - The group reported a revenue of HKD 2,095,417 thousand for the year ending March 31, 2024, compared to HKD 1,311,312 thousand in the previous year, representing a year-over-year increase of approximately 59.7%[34] - The gross profit for the same period was HKD 456,795 thousand, significantly up from HKD 78,170 thousand, indicating a substantial improvement in profitability[34] - Total revenue for the year reached HKD 2,208,507,000, an increase from HKD 1,490,879,000 in the previous year, representing a growth of approximately 48%[48] - The adjusted profit before tax was HKD 68,232,000, compared to a loss of HKD 141,511,000 in the previous year, indicating a significant turnaround[48] - The company reported a significant increase in interest income, with bank interest income rising to HKD 6,881,000 from HKD 6,812,000[76] - The company reported a total income from customer contracts of HKD 2,092.8 million for the year, compared to HKD 1,304.2 million in the previous year[105] Debt and Liabilities - As of March 31, 2024, the total outstanding debt amounts to approximately HKD 1,544,700,000, down from HKD 1,745,200,000 in 2023, with a debt-to-equity ratio of about 76.7%[11] - The total liabilities decreased from HKD 2,756,800 thousand to HKD 2,564,391 thousand, indicating a reduction of approximately 6.9%[41] - The group’s cash and cash equivalents decreased to HKD 304,102 thousand from HKD 499,150 thousand, a decline of approximately 39.2%[32] Operational Efficiency and Workforce - The group employs approximately 4,440 employees as of March 31, 2024, an increase from 3,950 in 2023, with a focus on employee qualifications and performance for recruitment and promotion[14] - The group is continuously evaluating resource allocation among its business segments to improve operational efficiency and enhance overall financial health[5] - The group is actively working to retain experienced drivers due to a shrinking labor force and has applied for the government's transport industry labor import program[121] Revenue Streams and Segments - The luxury car service segment generated revenue of HKD 307,534,000, while the non-patented bus segment contributed HKD 1,561,809,000, highlighting the diverse revenue streams[48] - Cross-border transportation revenue reached approximately HKD 594.5 million, a significant increase of 926.8% from HKD 57.9 million in the previous year, driven by the resumption of services after a three-year suspension[93] - Revenue from mainland China operations rose by 98.2% to approximately HKD 231.7 million, up from HKD 116.9 million, driven by strong recovery in local tourism[100] Profitability and Loss - The net loss attributable to the parent company was HKD 52,169 thousand for the year, a significant recovery from a loss of HKD 137,879 thousand in the previous year[34] - The company reported a net loss attributable to shareholders of HKD 32,087,000, a significant improvement from a loss of HKD 130,713,000 in the previous year[54] - The company achieved a turnaround from a loss to a profit, reporting a consolidated profit attributable to equity holders of approximately HKD 32,100,000, compared to a loss of HKD 130,700,000 in the previous year[89] Investments and Acquisitions - The group is actively seeking potential acquisitions and strategic partnerships to strengthen its core business and maintain its competitive edge in the non-patented bus sector in Hong Kong[23] - The group holds a 67.807% stake in Bipenggou Tourism, which has seen significant growth in visitor numbers, reaching a historical high this year[128] Customer Experience and Service Innovation - The group is committed to service innovation and improving customer experience in key areas such as service standards and fleet management[131] - The planned construction of a glacier cable car project at Bipenggou is expected to enhance the area's visibility and appeal[133] Regulatory and Compliance - The company has adopted new and revised Hong Kong Financial Reporting Standards, which did not have a significant impact on the financial statements[68] Dividends and Shareholder Value - The company plans to propose a final dividend subject to approval at the upcoming annual general meeting, indicating a commitment to returning value to shareholders[53] - The company proposed a final dividend of HKD 0.02 per ordinary share, compared to no dividend in the previous year[86]

Financial Performance - Revenue for the six months ended September 30, 2023, was HKD 893,308,000, an increase of 45.7% compared to HKD 613,155,000 for the same period in 2022[12]. - Gross profit for the same period was HKD 180,448,000, significantly up from HKD 319,000 in the previous year[12]. - The company reported a profit before tax of HKD 19,646,000, a turnaround from a loss of HKD 40,494,000 in the prior year[12]. - Net profit for the period was HKD 9,455,000, compared to a loss of HKD 53,907,000 in the same period last year[12]. - Basic and diluted earnings per share for the period were HKD 1.16, recovering from a loss of HKD 8.95 per share in the previous year[12]. - The total comprehensive loss for the period was HKD 6,502 thousand, significantly improved from a total comprehensive loss of HKD 120,465 thousand in the previous year[25]. - The company's retained earnings as of September 30, 2023, stood at HKD 1,006,180 thousand, a decrease from HKD 1,046,687 thousand at the beginning of the period[18]. - The total equity attributable to the owners of the parent company decreased to HKD 253,305 thousand from HKD 255,479 thousand[18]. - The company reported a net profit attributable to equity holders of approximately HKD 5,514,000 for the six months ended September 30, 2023, compared to a net loss of HKD 42,681,000 for the same period in 2022, marking a significant turnaround[89]. Revenue Breakdown - Revenue from customer contracts amounted to HKD 891,349,000, up from HKD 608,886,000 in the previous year, indicating a growth of about 46.5%[45]. - Revenue from luxury car services for the six months ended September 30, 2023, was approximately HKD 91.8 million, an increase of 424.6% compared to HKD 17.5 million for the same period in 2022[111]. - Revenue from mainland China operations for the six months ended September 30, 2023, was approximately HKD 75.9 million, a 60.8% increase from HKD 47.2 million in the same period of 2022[113]. - Non-patented bus services generated revenue of approximately HKD 631.5 million for the six months ended September 30, 2023, representing a 29.7% increase from HKD 486.8 million in the same period of 2022[136]. - Revenue from the patented bus service operated by the subsidiary, New Lantau Bus, was approximately HKD 93 million, a 51.7% increase from HKD 61.3 million in the same period of 2022[138]. - Revenue from transportation services amounted to HKD 572,341,000, with the majority coming from non-patented buses and luxury cars[68]. - Revenue from the public minibus service was approximately HKD 500,000 after resuming operations on January 29, 2023, following a three-year suspension due to the pandemic[112]. Expenses and Liabilities - Administrative expenses rose to HKD 139,106,000 from HKD 119,044,000 year-over-year[12]. - Other income and gains decreased to HKD 54,591,000 from HKD 125,084,000 in the previous year[12]. - Current liabilities increased to HKD 2,233,660,000 from HKD 992,390,000 in the previous period[16]. - The company's current liabilities exceeded current assets by HKD 1,323,645,000, primarily due to interest-bearing bank borrowings of HKD 1,532,800,000 due within 12 months[57]. - The group incurred a total cost of HKD 33,102,000 for the acquisition of property, plant, and equipment during the six months ended September 30, 2023, down from HKD 57,176,000 in the same period of 2022[71]. Cash Flow and Assets - The net cash flow from operating activities for the six months ended September 30, 2023, was HKD 110,162,000, an increase of 6.2% compared to HKD 103,032,000 in 2022[54]. - The net cash flow used in investing activities was HKD (53,473,000), a significant improvement from HKD (145,331,000) in the previous year[54]. - The total assets as of September 30, 2023, were HKD 1,900,625,000, reflecting a slight decrease from HKD 1,911,824,000 at the beginning of the period[52]. - The company's cash reserves were reported at HKD 920,302,000 as of September 30, 2023[52]. - The total cash and cash equivalents at the end of the period decreased to HKD 403,494,000 from HKD 481,187,000, reflecting a decline of 16.2%[54]. - The cash and bank balance at the end of the period was HKD 289,090,000, down from HKD 414,789,000, representing a decrease of 30.2%[54]. Strategic Focus and Future Outlook - The company continues to focus on expanding its bus services and related offerings in Hong Kong and mainland China[33]. - The company believes it has sufficient working capital to meet its operational and financial obligations for the next 12 months[57]. - The company continues to monitor market conditions, particularly the impact of high international fuel prices and rising borrowing costs on its operations[108]. - The group is focusing on enhancing its cross-border transport services, which have been affected by the pandemic, and has been actively reviewing operational performance since the resumption of services in early 2023[164]. - The group plans to leverage opportunities in the Greater Bay Area by diversifying its cross-border transport service offerings to drive future business profitability growth[144]. - The group is committed to optimizing bus routes and schedules while introducing special ticket offers to stimulate sales in the cross-border transport sector[164]. Shareholder and Financing Information - Major shareholders include Cathay International Corporation, holding 109,558,768 shares, representing 22.98% of the issued share capital[182]. - The total equity held by the major shareholder, Mr. Huang Liangbo, is 242,135,220 shares, accounting for 50.79% of the issued share capital[170]. - The company has entered into a financing agreement for a term loan facility of up to HKD 1,800,000,000, effective for three years from the first drawdown date[186]. - The group adopts a prudent financing and financial management policy to minimize financial risks, relying on internal cash flow and bank credit for future major investments[166].

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告之內容概不負 責，對本公告之準確性或完整性亦不發表任何聲明，並明確表示概不就因本公告 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。 KWOON CHUNG BUS HOLDINGS LIMITED 冠 忠 巴 士 集 團 有 限 公 司 * （於百慕達註冊成立之有限公司） （股份代號：306） 截至二零二三年九月三十日止六個月 中期業績 冠忠巴士集團有限公司（「本公司」）之董事（「董事」）會（「董事會」）欣然宣佈本公司及 其附屬公司（統稱「本集團」）截至二零二三年九月三十日止六個月之未經審核簡明 綜合業績，連同二零二二年同期之比較數字。簡明綜合中期財務資料未經審核， 但已由本公司之審核委員會審閱。 ...

Share Option Scheme and Equity - The company adopted the 2012 Share Option Scheme on August 23, 2012, which expired on August 22, 2022, and no further options can be granted under this scheme[2]. - The total number of shares that may be issued upon the exercise of options granted under all share option schemes shall not exceed 10% of the total number of shares in issue as of the respective approval date of each scheme[5]. - The number of shares to be issued upon the exercise of options granted or to be granted to participants shall not exceed 1% of the issued shares in any 12-month period without shareholder approval[6]. - The company aims to retain and attract talented employees through its share option schemes[3]. - The company’s issued share capital remained unchanged at HKD 47,678 thousand for both 2022 and 2023[36]. Financial Performance - The company reported a loss for the year, with total comprehensive loss amounting to HKD 83,539 thousand in 2023 compared to a loss of HKD 138,935 thousand in 2022[36]. - The company reported a pre-tax loss of HKD 141,511 thousand for the year ended March 31, 2023, compared to a loss of HKD 138,819 thousand in the previous year[56]. - The group recorded a consolidated net loss of approximately HKD 137.9 million for the year ended March 31, 2023, compared to a net loss of approximately HKD 136 million in 2022[118]. - The loss attributable to equity holders of the parent decreased by 6.6% to approximately HKD 130.7 million from approximately HKD 139.9 million in the previous year[122]. - The annual loss for the year ended March 31, 2023, was HKD (137,879,000), compared to a loss of HKD (136,000,000) in the previous year[176]. Assets and Liabilities - Current liabilities increased to HKD 992,390 thousand in 2023 from HKD 875,388 thousand in 2022, representing a growth of 13.4%[35]. - Total non-current liabilities decreased to HKD 1,764,410 thousand in 2023 from HKD 2,050,235 thousand in 2022, a reduction of 13.9%[35]. - Total assets less current liabilities amounted to HKD 3,751,878 thousand in 2023, down from HKD 4,237,407 thousand in 2022, indicating a decline of 11.4%[35]. - The net assets of the company decreased to HKD 1,987,468 thousand in 2023 from HKD 2,187,172 thousand in 2022, reflecting a decrease of 9.1%[35]. - The equity attributable to owners of the parent company fell to HKD 1,911,824 thousand in 2023 from HKD 2,098,061 thousand in 2022, a decline of 8.9%[35]. - The total equity decreased from HKD 2,187,172 thousand in 2022 to HKD 1,987,468 thousand in 2023, a decrease of 9.1%[35]. - The company’s total liabilities increased, with financial expenses rising to HKD 98,906 thousand in 2023 from HKD 54,140 thousand in 2022, marking an increase of 82.5%[56]. - The group’s total outstanding debt as of March 31, 2023, was approximately HKD 1,745.2 million, down from HKD 1,934.2 million in the previous year, with a debt-to-equity ratio of approximately 87.8%[152]. Revenue and Operational Highlights - Revenue for the year was approximately HKD 1,311.3 million, an increase of 9.1% from approximately HKD 1,202.1 million in the previous year[122]. - Revenue from local transport services increased to approximately HKD 929 million, up 13.6% from approximately HKD 817.8 million in the previous year[124]. - Revenue from luxury car services was approximately HKD 66.1 million, an increase of 55.2% from HKD 42.6 million in the previous year, as tourist and business traveler numbers began to recover[144]. - Revenue from mainland China operations decreased by 44.3% to approximately HKD 116.8 million from HKD 209.7 million in the previous year, primarily due to repeated lockdowns and temporary closures of tourist attractions[145]. - Revenue from cross-border non-patented bus services was approximately HKD 57.9 million, a significant increase of 1,013.5% compared to the previous year's HKD 5.2 million, following the gradual resumption of operations since January 8, 2023[142]. Corporate Governance and Compliance - The company has adopted a board diversity policy, with a gender ratio of approximately 7:3 among employees as of March 31, 2023[195]. - The board of directors has established mechanisms to ensure independent opinions and recommendations are obtained[182]. - The company has adopted the standards of conduct for securities trading as outlined in Appendix 10 of the Listing Rules[199]. - The Compensation Committee reviews the company's compensation policies and structures annually, determining the annual compensation packages for executive directors and senior management[198]. - There were no known instances of employees failing to comply with written guidelines during the review year[200]. Strategic Focus and Future Outlook - The group aims to leverage opportunities from the Greater Bay Area's development to drive business growth, particularly with the completion of key cross-border infrastructure projects[152]. - Management maintains a prudent approach to business strategies, adjusting operations based on changing consumer demands and preferences in the post-pandemic environment[148]. - The group anticipates that the resumption of cross-border transport services will positively impact its core operations, despite facing challenges from global economic uncertainties and fluctuating oil prices[151]. - The group is confident in its future development due to the logistics and tourism sectors being two of Hong Kong's four pillar industries, supported by national policies like the Greater Bay Area and Belt and Road initiatives[109]. - The group is exploring the enhancement of bus station land use and actively seeking partners for new business opportunities[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告之內容概不 負責，對本公告之準確性或完整性亦不發表任何聲明，並明確表示概不就因本 公告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。 KWOON CHUNG BUS HOLDINGS LIMITED 冠 忠 巴 士 集 團 有 限 公 司 * （於百慕達註冊成立之有限公司） 306 （股份代號： ） 截 至 二 零 二 三 年 三 月 三 十 一 日 止 年 度 末 期 業 績 冠忠巴士集團有限公司（「本公司」）董事（「董事」）會（「董事會」）欣然宣佈本公司 及其附屬公司（統稱「本集團」）截至二零二三年三月三十一日止年度之綜合業 績，連同去年之比較數字如下： 綜合損益表 截至三月三十一日止年度 二零二三年 二零二二年 附註 千港元 千港元 4 1,311,312 1,202,051 收入 (1,233,142) (1,141,338) 提供服務之成本 78,170 60,713 ...