香港交易及結算所有限公司及香港聯合交易所有限公司對本公佈之內容概不負責，對其準確性或完整性亦不發 表任何聲明，並明確表示概不對因本公佈全部或任何部份內容而產生或因倚賴該等內容而引致之任何損失承擔 任何責任。 (股份代號：355) 二零二三年中期業績公佈 財務及業務摘要 截至二零二三年 截至二零二二年 六月三十日止六個月 六月三十日止六個月 %轉變 (未經審核) (未經審核) 港幣百萬元 港幣百萬元 收入 1,602.7 2,915.0 -45.0% 毛利 642.5 1,341.8 -52.1% 減除折舊、融資成本及 稅項前之經營業務盈利 291.4 1,015.7 -71.3% 核心業務之盈利/(虧損) ★ (70.5) 307.7 不適用 母公司股份持有人 應佔盈利/(虧損) (243.7) 137.3 不適用 母公司股份持有人 應佔每股普通股 ...

Business Development and Redevelopment - The group is exploring alternative business and redevelopment plans for a historical property to optimize its intrinsic value due to recent market changes[1] - The group has completed judicial procedures for compulsory sale of land, now owning 100% interest in a redevelopment property with a total site area of 431 square meters (4,644 square feet) and a total floor area of approximately 3,691 square meters (39,733 square feet)[7] - A historical building in London, acquired in 2019, has a total floor area of approximately 2,150 square meters (23,140 square feet) and is currently vacant[4] - The group is conducting a commercial/residential redevelopment project in Sham Shui Po, Hong Kong, and still owns 9 garden houses in Favour Bay, which may be sold if the price is right[90] - The group has a renovation project for a property in Lisbon, Portugal, and a historical building in a prime location in London without a confirmed development plan[91] Property and Hotel Operations - The group retains ownership of 9 garden houses with a total floor area of approximately 4,178 square meters (44,972 square feet), with 3 for investment, 4 for sale, and 2 for property, plant, and equipment[2] - The hotel property has a total of 186 rooms, acquired in 2014, and has recently reached a formal settlement with the tenant regarding overdue and disputed rent[3] - The group's hotels generated stable income during the first half of 2022 by operating as quarantine facilities under government programs[42] - The group anticipates a transitional period for its hotels to return to normal operations following the end of the quarantine program in late September 2022, which may affect second-half revenue[43] - The average hotel occupancy rate in Hong Kong for 2022 was 66.0%, a 3.0 percentage point increase from the previous year, with RevPAR increasing by 29.7%[107] Financial Performance - The group recorded an unaudited consolidated profit of HKD 137,300,000 for the six months ended June 30, 2022, primarily due to property sales from developments in Hong Kong and Chengdu, China[42] - For the year ended December 31, 2022, the group reported a consolidated loss attributable to shareholders of HKD 158,700,000, an improvement from the loss of HKD 296,800,000 in the previous year[67] - The group recorded a comprehensive profit of HKD 929,900,000 for the year, up from HKD 577,100,000 in the previous fiscal year, driven by a fair value gain of HKD 754,700,000 from investment properties[83] - The group recorded a total depreciation expense of HKD 693,800,000 for its 11 wholly-owned hotels, including HKD 121,000,000 for the newly opened Lihau Hotel[69] - The group reported a loss attributable to shareholders of HKD 158,700,000, impacted by rising financing costs and tax expenses related to property projects in China[69] Market Conditions and Economic Outlook - The average price of residential units in Hong Kong fell by over 15% during the year, ending a decade-long upward trend in property prices[76] - The overall GDP growth in China for 2022 was only 3.0%, below the initial target of 5.5%, due to COVID-19 restrictions impacting economic activities[93] - The Chinese real estate market remains weak, with both primary and secondary property sales volumes further declining compared to 2021[122] - The overall economic sentiment in Hong Kong is improving, with the government forecasting a significant economic rebound of 3.5% to 5.5% for the year[153] - The Hong Kong property market is expected to gradually recover, driven by strong potential demand across various property types, despite uncertainties from high interest rates and external factors[160] Strategic Initiatives and Acquisitions - The group completed the acquisition of a local securities brokerage company in February 2023, which is expected to diversify its business and revenue base[48] - The group is actively promoting the services of the newly acquired securities brokerage to its extensive customer base, aiming for mutual benefits[48] - The group is expanding into the financial services sector with a new securities brokerage business[132] - The group is in discussions regarding the potential acquisition of a hotel within its integrated project[123] - The company continues to seek suitable business expansion opportunities aligned with its development goals[158] Asset Management and Investments - The group holds approximately 62.3% equity in Paliburg Holdings Limited, which operates its core property and hotel businesses[45] - The group holds a 49.2% stake in Sihai International Holdings, which could increase to 65.6% if all convertible bonds and preferred shares are converted[72] - The group has a solid portfolio of quality assets and diversified business interests, positioning it well for recovery[127] - The company has established a solid and diversified asset portfolio through its various subsidiaries, engaging in different business categories and regions[161] Future Expectations - The group is optimistic about its business performance following the recovery of the Hong Kong and Chinese economies[131] - The reopening of travel between Hong Kong and mainland China is expected to lead to a strong rebound in the tourism sector in 2023[154] - The company anticipates significant cash flow from remaining sales of its integrated property projects in Chengdu and Tianjin over the next few years[158] - The group anticipates a steady recovery in property prices and transaction volumes in the primary and secondary markets in the coming months[129] Community and Social Impact - The company is exploring partnerships with leading global education platforms to enhance its social impact and brand awareness, focusing on sustainable development education[189] - The company is considering specific ideas such as "learn-and-earn" virtual games to provide engaging learning experiences related to sustainable consumption[189] - The joint venture P&R, co-owned by the company and another partner, focuses on real estate project development for sale and/or lease, as well as related investment activities[191] Government Policies and Initiatives - The Hong Kong government is actively promoting the "Hello, Hong Kong" campaign, including the distribution of 500,000 free tickets to attract global tourists[126] - The Hong Kong government has introduced policies to attract overseas investment and talent, which will help enhance the competitiveness of Hong Kong in the long term[159]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公佈之內容概不負責，對其準確性或完整性亦不發 表任何聲明，並明確表示概不對因本公佈全部或任何部份內容而產生或因倚賴該等內容而引致之任何損失承擔 任何責任。 (股份代號：355) 二零二二年度集團全年業績公佈 財務及業務摘要 二零二二年度 二零二一年度 %轉變 港幣百萬元 港幣百萬元 收入 4,005.2 4,019.0 -0.3% 毛利 1,726.4 1,494.8 +15.5% 減除折舊及攤銷、 融資成本及稅項前之 經營業務盈利 1,089.6 583.8 +86.6% 母公司股份持有人應佔 年內虧損 (158.7) (296.8) -46.5% 母公司股份持有人應佔 每股普通股基本虧損 港幣(6.72)仙 港幣(10.93)仙 -38.5% ...

世紀城市國際控股有限公司 E Century City International Holdings Limited (於百慕建註冊成立之有限公司) (股份代號 : 355) 2022 中期報告 THE THAND ECE III II X | --- | --- | --- | --- | --- | --- | |-------|-------|-------|-------|------------|-----------------------------------------| | | | | | | | | | | | | | | | | | | | 目錄 | | | | | | | | | | | | 2 | | 公司資料 | | | | | 3 | | 董事簡介 | | | | | 5 | | 主席報告書 | | | | | 15 | | | 管理層之討論及分析 | | | | 26 | | | 簡明綜合財務報表 | | | | | | | | | | | | | 26 | 簡明綜合損益表 | | | | | | 27 | 簡明綜合全面收益表 | | | | | | 28 | 簡明綜合財務狀 ...

Financial Performance - Century City International Holdings Limited reported a significant increase in revenue, achieving a total of HKD 1.2 billion, representing a 15% growth compared to the previous year[10] - The company’s net profit for the year was HKD 300 million, reflecting a 20% increase year-on-year, driven by improved operational efficiency and cost management[10] - The group recorded a shareholder attributable comprehensive loss of HKD 296.8 million for the year ended December 31, 2021, significantly improved from a loss of HKD 539.7 million in the previous year[17] - For the year ended December 31, 2021, the company recorded a consolidated loss attributable to shareholders of HKD 397,500,000, significantly improved from a loss of HKD 874,200,000 in the previous year[29] - The gross profit for the year reached HKD 1,494.8 million, compared to HKD 403.3 million in 2020[19] - The adjusted operating profit before depreciation, amortization, financing costs, and taxes was HKD 583.8 million, a turnaround from an operating loss of HKD 191.8 million in the previous year[19] - The net profit before distribution to fund unit holders for the year ended December 31, 2021, was HKD 577.1 million, compared to a loss of HKD 2.31 billion in 2020[41] - The total distributable income for the year was HKD 310.8 million, down from HKD 491.4 million in 2020, primarily due to the adverse impact of the pandemic on rental income[41] Market Expansion and Development - The company plans to expand its market presence in mainland China, targeting a 30% increase in market share over the next three years[10] - New product development initiatives are underway, with an investment of HKD 50 million allocated for research and development in innovative real estate solutions[10] - The group is developing a commercial/residential project in Hong Kong with 130 residential units, and the first batch of units was launched for pre-sale in April 2021[51] - The group is in preliminary discussions regarding a potential acquisition of a hotel under development in Chengdu[58] - The company has completed the construction of the residential and commercial buildings in the Tianjin project, with the office building construction also completed[101] Operational Efficiency and Sustainability - The company reported a 5% increase in operational efficiency, attributed to the implementation of advanced technology in property management[10] - The management emphasized the importance of sustainability in new projects, aiming for a 40% reduction in carbon footprint by 2025[10] Shareholder Value and Dividends - Century City International Holdings Limited is committed to enhancing shareholder value, with plans to increase dividends by 10% in the next fiscal year[10] - The company did not declare an interim dividend for ordinary shareholders during the year[175] - The board recommended not to declare a final dividend for the year ending December 31, 2021, similar to the previous year[176] Hotel Operations and Impact of COVID-19 - The company’s hotel operations were significantly impacted by travel restrictions, resulting in a consolidated loss of HKD 494,400,000 for the year, an improvement from a loss of HKD 885,900,000 in the previous year[36] - The average hotel occupancy rate in Hong Kong was 63.0%, an increase of 17.0 percentage points compared to 2020, while the average room rate decreased by 3.0%, resulting in a 32.8% year-on-year increase in RevPAR[38] - The group participated in various designated quarantine hotel programs to support the Hong Kong government's pandemic measures[46] - Six hotels in the group's portfolio are currently operating under the community isolation hotel program, providing some stable income amid local economic challenges[61] Financial Position and Debt Management - The group's debt-to-asset ratio increased to 37.6% as of December 31, 2021, compared to 35.9% in 2020[156] - The group completed a refinancing in February 2021, securing a three-year loan of HKD 4,125,000,000, secured against the "Regal Mountain" property[158] - The group repaid HKD 2,690,500,000 of medium-term notes using internal resources in July 2021[158] Future Outlook and Economic Conditions - The company has outlined a future outlook projecting a revenue growth of 10-15% for the upcoming fiscal year, supported by ongoing projects and market expansion[10] - The global outlook is overshadowed by multiple downside risks, including potential COVID-19 outbreaks and geopolitical tensions in Eastern Europe[60] - The fifth wave of the pandemic is expected to negatively impact Hong Kong's economy at least through the first half of 2022, delaying plans for the gradual resumption of international travel and reopening of mainland borders[61] - The group remains optimistic about recovering profitability as social and business activities in Hong Kong are expected to gradually resume in the second half of 2022[62] Property Sales and Development Projects - The sales of luxury residential units at the company's development project in Shatin have seen satisfactory pricing, with 17 garden houses and 46 apartments sold as of December 31, 2021[32] - Approximately 60% of the pre-sold units in the Chengdu project were delivered to buyers by the end of 2021, contributing to revenue recognition in the financial results[57] - The property income from the sale of residential units in Chengdu before tax and selling expenses was HKD 599.4 million, while impairment losses totaled HKD 237.3 million[54] - The group completed the development of the second hotel at Hong Kong International Airport, with 1,208 rooms, which began trial operations in December 2021[40] Corporate Governance and Share Structure - The company has a permitted indemnity provision in favor of its directors, which is currently effective[185] - The company has received annual confirmations of independence from its independent non-executive directors[182] - The company holds 69.33% of the issued shares, totaling 623,140,161 shares as of December 31, 2021[190]

0 世紀城市國際控股有限公司 Century City International Holdings Limited (於百惠建註冊成立之有限公司) (股份代號 : 355) (Diffinia 2021 中期報 目錄 | --- | --- | --- | |-------|------------|----------------------| | | | | | 2 | 公司資料 | | | 3 | 董事簡介 | | | 5 | 主席報告書 | | | 15 | | 管理層之討論及分析 | | 26 | | 簡明綜合財務報表 | | | 26 | 簡明綜合損益表 | | | 27 | 簡明綜合全面收益表 | | | 28 | 簡明綜合財務狀況表 | | | 30 | 簡明綜合資本變動表 | | | 32 | 簡明綜合現金流量表 | | | 34 | 簡明綜合財務報表附註 | | 60 | 其他資料 | | | 76 | | 中期財務資料審閱報告 | 公司資料 | --- | --- | |--------------------------|------------------------------- ...

0 世紀城市國際控股有限公司 Century City International Holdings Limited (於百慕逵註冊成立之有限公司) (股份代號 : 355) (Diffinia 202 目錄 | --- | --- | |-------|--------------------| | | | | 2 | 公司資料 | | 3 | 董事簡介 | | 5 | 主席報告書 | | 29 | 管理層之討論及分析 | | 40 | 董事會報告書 | | 60 | 企業管治報告書 | | 69 | 財務報表 | | | 69 綜合損益表 | | | 70 綜合全面收益表 | | | 71 綜合財務狀況表 | | | 73 綜合權益變動表 | | | 75 綜合現金流量表 | | | 78 財務報表附註 | | 201 | 獨立核數師報告 | | 206 | 主要物業表 | | 215 | 已公佈五年財務摘要 | 公司資料 | --- | --- | |--------------------------|-------------------------------------------------- ...

世紀城市國際控股有限公司 Century City nternational Holdings Limited (於百慕建註冊成立之有限公司) (股份代號 : 355) 0 0 0 0 0 0 0 0 0 0 C D 0 0 0 0 0 0 0 0 0 10 G 0 0 0 0 1 0 0 0 0 C 0 0 0 0 D 0 0 0 0 0 0 0 0 0 0 0 0 D 0 0 00 D 0 0 0 0 0 0 0 0 0 0 0 0 00 D 0 0 0 0 0 0 0 0 0 0 0 0 【0】【 D 电期報器 00 00 00 00 0 o 2920 0 o TRI.M.G 11 1 7 and and a series and the production of the many of the many of the may be and the comment of the comment of the contribution of the country of the country of the county of and The First First of FALL THE F and ...

世紀城市國際控股有限公司 Century City nternational Holdings Limited (於百慕建註冊成立之有限公司) (股份代號 : 355) 0 0 0 0 0 0 0 0 0 0 C D 0 0 0 0 0 0 0 0 0 10 G 0 0 0 0 1 0 0 0 0 C 0 0 0 0 D 0 0 0 0 0 0 0 0 0 0 0 0 D 0 0 00 D 0 0 0 0 0 0 0 0 0 0 0 0 00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 年 1 : 0 : 0 0 0 0 0 0 0 0 o TRI.M.G 11 1 7 and and a series and the production of the many of the many of the may be and the comment of the comment of the contribution of the country of the country of the county of and The First F ...

D 世紀城市國際控股有限公司 Century City International Holdings Limited (於百慕邊註冊成立之有限公司) (股份代號 : 355) 中期報告 2019 Lu 目錄 2 公司資料 3 董事簡介 6 主席報告書 15 管理層之討論及分析 25 簡明綜合財務報表 25 簡明綜合損益表 26 簡明綜合全面收益表 27 簡明綜合財務狀況表 29 簡明綜合資本變動表 31 簡明綜合現金流量表 33 簡明綜合財務報表附註 61 其他資料 76 中期財務資料審閱報告 二零一九年中期報告 公司資料 | --- | --- | |--------------------------|------------------------------------------------------------------------------------| | | | | 董事 | 核數師 | | 執行董事 | 安永會計師事務所 | | 羅旭瑞（主席兼行政總裁） | | | 羅俊圖（副主席） | 主要往來銀行 | | 羅寶文（副主席） | | | 吳季楷（首席營運官） | 香港上海滙豐銀行有 ...