Financial Performance - The company's net profit reached HKD 213.4 million, an increase of 33% compared to HKD 160.4 million in the previous year[18]. - Total revenue decreased by 1% from HKD 9.07 billion to HKD 9.01 billion[22]. - The net asset value per share increased by 2.7% from HKD 14.6 to HKD 15.0[22]. - Earnings per share rose by 54% from HKD 0.319 to HKD 0.490[22]. - Distribution revenue totaled HKD 8.67 billion, a decline of 1% year-on-year[20]. - SiS Distribution (Thailand) contributed a classified profit of HKD 213.7 million, with a growth rate of 4.6%[20]. - The company recorded a fair value loss of HKD 127.6 million in the Hong Kong commercial property market[23]. - The retained earnings available for distribution to shareholders decreased from HKD 1,078,318,000 in 2023 to HKD 1,047,336,000 in 2024[162]. - The company’s total distributable reserves as of December 31, 2024, amounted to HKD 1,076,522,000[162]. - The company’s ability to declare dividends is contingent upon its operating performance and financial condition[163]. Assets and Liabilities - As of December 31, 2024, the total assets of the group amounted to HKD 8,530,115,000, with total equity of HKD 4,176,197,000 and total liabilities of HKD 4,353,918,000[31]. - The current ratio improved to approximately 1.26 as of December 31, 2024, compared to 1.08 as of December 31, 2023[31]. - Cash and bank deposits at the end of 2024 were HKD 1,438,647,000, an increase from HKD 1,284,363,000 in 2023[31]. - The debt-to-equity ratio decreased to 68% as of December 31, 2024, down from 78% in 2023[32]. Employee and Compensation - The number of employees increased to 1,233 as of December 31, 2024, compared to 1,160 in 2023[34]. - Total employee compensation and benefits for the year amounted to HKD 296,991,000, up from HKD 255,378,000 in 2023[34]. - The employee turnover rate for those under 30 years old is 21.6%, with male turnover at 18.2% and female turnover at 23.9%[113]. - In fiscal year 2024, approximately 54% of employees participated in career development-related training, with an average training time of 3.7 hours per employee[120]. - Average training hours by gender: Male employees received an average of 4.5 hours (61% trained), while female employees received 3.0 hours (49% trained)[125]. Corporate Governance - The board of directors consists of nine members, with five being female, reflecting a commitment to diversity[45]. - The audit committee held four meetings during the year ending December 31, 2024, reviewing the group's financial performance[48]. - The nomination committee met twice in the year ending 2024 to assess the independence of non-executive directors[52]. - The remuneration committee held two meetings during the year to review and determine the compensation for executive directors and senior management[53]. - The company has established a nomination policy effective from January 1, 2019, outlining the criteria for board member selection[41]. - The company recognizes the importance of a diverse board as a competitive advantage, considering various factors such as gender and professional experience[45]. - The audit committee is responsible for monitoring the integrity of financial statements before submission to the board[49]. - The company has appointed Deloitte as the external auditor, with fees for audit services amounting to HKD 5,290,000, tax advisory services at HKD 202,000, and other services totaling HKD 570,000, leading to a total of HKD 6,062,000 for the year ending December 31, 2024[61]. - The company has complied with the corporate governance code as per the listing rules for the year ending December 31, 2024[196]. - All independent non-executive directors have confirmed their independence in accordance with the listing rules[196]. Environmental, Social, and Governance (ESG) - The report covers the environmental, social, and governance (ESG) performance for the fiscal year 2024, from January 1, 2024, to December 31, 2024[73]. - The company has established an ESG governance framework, with the board responsible for overseeing significant ESG issues and performance[80]. - A comprehensive assessment of ESG components has been conducted to understand their importance to stakeholders and the company's operations[84]. - The report adheres to the guidelines set forth by the Hong Kong Stock Exchange for ESG reporting[74]. - The company aims to create long-term value for stakeholders while balancing environmental and social interests[80]. - The report includes measurable key performance indicators to evaluate the effectiveness of ESG policies and management systems[79]. - The company reported a total greenhouse gas emissions of 6,753 tons for the fiscal year 2024, a decrease from 9,923 tons in fiscal year 2023, reflecting a reduction of approximately 32.8%[95]. - Energy consumption for the fiscal year 2024 was 14,106,000 kWh, down from 17,370,000 kWh in fiscal year 2023, indicating a reduction of about 18.5%[97]. - Water usage decreased to 180,782 cubic meters in fiscal year 2024 from 241,882 cubic meters in fiscal year 2023, representing a reduction of approximately 25.3%[97]. - The company maintained zero direct greenhouse gas emissions (Scope 1) from fuel consumption during the reporting period[94]. - Indirect emissions (Scope 2) were recorded at 6,689 tons in fiscal year 2024, down from 9,881 tons in fiscal year 2023, marking a reduction of about 32.2%[95]. - The company has implemented energy systems in its iconic building in Japan to save energy and reduce greenhouse gas emissions, setting an example for other organizations[100]. - The company is committed to sustainable practices, including the recycling of electronic equipment under the Hong Kong WEEE Producer Responsibility Scheme[101]. - The company plans to continue reviewing and developing its ESG policies and goals to improve its ESG performance in the future[89]. - The company has identified key climate-related risks and their potential financial impacts, including increased compliance costs due to stricter environmental regulations in Hong Kong and Japan[105]. Strategic Initiatives - The group plans to expand its distribution business and optimize its capital structure to drive long-term growth[26]. - The management demonstrated resilience and adaptability in response to ongoing global challenges, preparing for sustained performance[26]. - The company aims to enhance operational resilience by diversifying its supply chain and strengthening infrastructure against extreme weather events[108]. - The company plans to expand its range of environmentally friendly products in response to increasing customer demand for sustainable technology[105]. - The company has implemented energy-efficient measures to reduce operational costs and improve business efficiency[108]. Shareholder Information - The company reported a final dividend of HKD 0.02 per share, totaling HKD 5,559,000 for shareholders registered on July 4, 2025[152]. - The company has not entered into any equity-linked agreements during the fiscal year[161]. - The company’s main business includes investment trading and holding, as well as providing corporate management services[150]. - The company’s financial performance and risks faced during the year are detailed in the management discussion and analysis section of the annual report[153]. - The company’s investment properties and related assets are detailed in the financial statements as of December 31, 2024[157]. Compliance and Legal - The company has adhered to relevant laws and regulations, including Bermuda law and the Hong Kong Companies Ordinance[197]. - There were no purchases, sales, or redemptions of the company's listed securities during the year[198]. - The company maintained sufficient public float throughout the year ending December 31, 2024[199]. - No significant events affecting the group occurred after the year-end date and until the date of this report[200].

Financial Performance - For the fiscal year ending December 31, 2024, the company reported total revenue of HKD 9,067,962, an increase from HKD 9,006,657 in 2023, representing a growth of approximately 0.68%[3] - The gross profit for the year was HKD 668,588, compared to HKD 746,915 in the previous year, indicating a decrease of about 10.5%[3] - The net profit for the year was HKD 213,360, up from HKD 160,412 in 2023, reflecting a significant increase of approximately 32.9%[4] - Basic and diluted earnings per share increased to HKD 49.0 from HKD 31.9, marking a growth of 53.3%[4] - The total revenue for the group in 2024 was HKD 8,868,201,000, a decrease from HKD 8,920,111,000 in 2023, representing a decline of approximately 0.58%[11] - The profit from distribution of mobile and IT products in Hong Kong was HKD 2,389,724,000, down from HKD 2,625,286,000 in the previous year, indicating a decrease of about 9%[13] - The group reported a total profit before tax of HKD 277,097,000 for 2024, compared to HKD 239,321,000 in 2023, reflecting an increase of approximately 15.8%[11] - The group’s total comprehensive income for 2024 was HKD 261,359,000, compared to HKD 190,840,000 in 2023, indicating an increase of approximately 37%[11] Assets and Liabilities - Total assets as of December 31, 2024, were HKD 8,530,115, compared to HKD 8,601,309 in 2023, showing a slight decrease of about 0.83%[5] - The total liabilities decreased from HKD 3,531,171 in 2023 to HKD 3,079,044 in 2024, a reduction of about 12.8%[5] - The company’s non-current assets decreased to HKD 4,647,047 from HKD 4,794,354, reflecting a decline of about 3.1%[5] - As of December 31, 2024, the total assets of the group amounted to HKD 8,530,115,000, with total equity of HKD 4,176,197,000 and total liabilities of HKD 4,353,918,000[41] - The current ratio improved to approximately 1.26 as of December 31, 2024, compared to 1.08 as of December 31, 2023[41] - The debt-to-equity ratio was 68% as of December 31, 2024, compared to 78% in 2023[42] Cash Flow and Financial Position - The company's cash and cash equivalents increased to HKD 1,148,732 from HKD 961,129, representing a growth of approximately 19.5%[5] - Cash and bank deposits at the end of 2024 were HKD 1,438,647,000, an increase from HKD 1,284,363,000 in 2023[41] - The net cash deficit was HKD 1,408,494,000 as of December 31, 2024, down from HKD 1,881,674,000 in 2023[42] Employee and Compensation - The number of employees increased to 1,233 as of December 31, 2024, from 1,160 in 2023[44] - Total employee compensation and benefits amounted to HKD 296,991,000 for the year ending December 31, 2024, up from HKD 255,378,000 in 2023[44] Investment and Future Plans - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[7] - The company recorded a fair value loss of HKD 127.6 million in Hong Kong's office and commercial property market[36] - The value of investment properties in Japan was HKD 2.08 billion, while the total value in Hong Kong, Singapore, and Thailand was HKD 1.29 billion[36] Tax and Financial Standards - The group’s income tax expense for 2024 was HKD 63,737,000, down from HKD 78,909,000 in 2023, representing a decrease of approximately 19.2%[16] - The group plans to continue applying the new Hong Kong Financial Reporting Standards, expecting no significant impact on the consolidated financial statements in the foreseeable future[9] Dividends and Shareholder Information - The company proposed a final dividend of HKD 0.02 per share, totaling HKD 5.56 million, subject to shareholder approval[6] Other Financial Metrics - The financial expenses for the group in 2024 were HKD 75,435,000, slightly lower than HKD 78,971,000 in 2023, showing a reduction of about 4.5%[11] - The group incurred a net foreign exchange loss of HKD 16,326,000 in 2024, compared to a loss of HKD 16,140,000 in 2023, indicating a slight increase in losses[14] - The group’s share of profits from associates was HKD 10,611,000 in 2024, compared to HKD 9,699,000 in 2023, marking an increase of about 9.4%[11] - The rental income from investment properties in Japan was HKD 115,337,000 in 2024, up from HKD 123,697,000 in 2023, reflecting a decrease of approximately 6.8%[11] - The total distribution revenue was HKD 8.67 billion, a 1% decrease compared to the previous year[34] - Accounts receivable and other receivables amounted to HKD 1.43 billion, slightly down from HKD 1.43 billion in the previous year[24] - Accounts payable increased to HKD 665.86 million from HKD 605.20 million in the previous year[27] - The nominal value of outstanding forward contracts was HKD 306,610,000 as of December 31, 2024, compared to HKD 160,220,000 in 2023[45] - The group has no contingent liabilities or guarantees as of December 31, 2024[46] - The company maintained sufficient public float throughout the year ending December 31, 2024[53]

Financial Performance - Net profit surged by 37% to HKD 71,022,000, while revenue decreased to HKD 3,906,365,000, reflecting challenges in the current market environment [5]. - The company reported a profit of HKD 71,022,000 for the six months ended June 30, 2024, compared to HKD 51,819,000 in the same period of 2023, representing a year-over-year increase of 37.1% [16]. - Gross profit for the period was HKD 350,489,000, up from HKD 289,696,000 in the previous year, indicating a growth of 21% [16]. - Basic and diluted earnings per share increased to HKD 12.01 from HKD 7.33, reflecting a significant rise of 63.5% [16]. - Total revenue for the six months was HKD 3,906,365,000, compared to HKD 4,371,945,000 in the prior year, showing a decrease of 10.6% [16]. - The company reported a pre-tax profit of HKD 89,096 for the six months ended June 30, 2024, compared to HKD 72,287 for the same period in 2023, reflecting an increase of approximately 23.2% [31][38]. Revenue and Segment Performance - Distribution business revenue contracted by 11% to HKD 3,752,163,000, but segment profit increased by 4% to HKD 113,970,000 due to higher-margin value-added products [10]. - Revenue from information technology products was HKD 2,858,127, down from HKD 3,180,478, indicating a decrease of about 10.1% [30]. - The company reported a rental income of HKD 60,614 from hotel operations, an increase from HKD 44,856 in the previous year, reflecting growth in this segment [30]. - The total operating profit from Thailand was HKD 102,737, while Hong Kong contributed HKD 11,233, indicating a strong performance in Thailand [32]. Investment and Asset Management - The fair value of the property investment portfolio decreased by HKD 55,419,000, with a significant loss of HKD 90,315,000 in the Hong Kong market, while the Japanese market showed a profit of HKD 34,896,000 [11]. - Investment in the US stock market yielded a segment profit of HKD 62,659,000, up from HKD 29,767,000 in the previous year [11]. - The company is actively exploring new investment opportunities and focusing on expanding its distribution business and optimizing its real estate investment portfolio [13]. - The company recognized a fair value gain on equity instruments of HKD 6,127,000, compared to HKD 1,464,000 in the previous year, marking a substantial increase of 318.5% [17]. Cash Flow and Financial Position - The net cash generated from operating activities for the six months ended June 30, 2024, was HKD 250,710,000, compared to HKD 104,294,000 for the same period in 2023, representing an increase of 140.5% [23]. - The net cash generated from investing activities was HKD 46,628,000, a significant increase from HKD 1,281,000 in the previous year [23]. - The company reported a cash and cash equivalents balance of HKD 1,041,833,000, up from HKD 961,129,000, an increase of 8.4% [18]. - The total cash and cash equivalents as of June 30, 2024, amounted to HKD 1,041,833,000, up from HKD 928,387,000 at the end of June 2023, reflecting a year-on-year increase of 12.2% [23]. - The company’s total liabilities decreased, contributing to a stronger balance sheet position compared to the previous year [38]. Shareholder and Governance Information - The company expressed gratitude to its stakeholders for their unwavering support and commitment during challenging times [14]. - Major shareholders Yang Shengcong and Lin Meihua each hold 5.26% of the company's issued share capital, totaling 14,614,000 shares [80]. - The company has complied with the corporate governance code as per the Hong Kong Stock Exchange listing rules throughout the reporting period [81]. - The audit committee, composed entirely of independent non-executive directors, reviewed the interim report for the six months ending June 30, 2024 [83]. Employee and Remuneration Details - The number of employees as of June 30, 2024, was 1,193, an increase from 1,168 as of June 30, 2023 [65]. - Total salaries and benefits paid and payable to employees (excluding directors' remuneration) amounted to HKD 146,615,000, up from HKD 101,520,000 in the previous year [65]. - The remuneration paid or payable to directors amounted to HKD 8,434,000, an increase from HKD 7,854,000 for the same period last year [54]. - The company has adopted an employee stock option plan to enhance employee productivity and retention [65]. Debt and Financing Activities - New bank borrowings for the period were HKD 2,077,302,000, slightly down from HKD 2,212,965,000 in the same period last year [23]. - The company recorded a significant gain from the sale of financial instruments at fair value, amounting to HKD 88,371,000, with no comparable figure from the previous year [23]. - The company’s cash flow from financing activities showed a net outflow of HKD 180,479,000, compared to HKD 10,634,000 in the previous year, indicating a significant increase in financing activities [23].

Financial Performance - For the six months ended June 30, 2024, the company reported revenue of HKD 3,906,365 thousand, a decrease of 10.6% compared to HKD 4,371,945 thousand for the same period in 2023[1] - Gross profit for the same period was HKD 350,489 thousand, representing an increase of 21% from HKD 289,696 thousand in 2023[1] - The net profit attributable to the company's owners was HKD 33,371 thousand, up 64% from HKD 20,380 thousand in the previous year[2] - Basic and diluted earnings per share increased to HKD 12.01, compared to HKD 7.33 in the prior year, reflecting a growth of 64%[2] - The profit before tax for the six months ended June 30, 2024, was HKD 89,096,000, compared to HKD 72,287,000 for the same period in 2023, indicating an increase of about 23.2%[9][10] - The company reported a net loss of HKD 20,088,000 from foreign exchange losses for the six months ended June 30, 2024, compared to a loss of HKD 26,573,000 in the same period of 2023, showing an improvement[11] - The company’s total tax expense for the six months ended June 30, 2024, was HKD 18,074,000, a decrease from HKD 20,468,000 in the same period of 2023[12][14] - Net profit surged by 37% to HKD 71,022,000, while revenue decreased to HKD 3,906,365,000, reflecting challenges in the current market environment[27] Assets and Liabilities - The company's total assets as of June 30, 2024, were HKD 4,512,909 thousand, a decrease from HKD 4,794,354 thousand at the end of 2023[4] - Non-current assets, including investment properties, decreased to HKD 3,082,265 thousand from HKD 3,376,893 thousand in the previous year[4] - Accounts receivable and other receivables amounted to HKD 1,238,032,000 as of June 30, 2024, down from HKD 1,413,459,000 as of December 31, 2023[18] - Trade payables and other payables increased to HKD 690,827,000 as of June 30, 2024, compared to HKD 605,203,000 as of December 31, 2023[19] - Total equity decreased to HKD 3,979,217 thousand from HKD 4,052,636 thousand in the previous year[5] - The company reported a net cash position of HKD 1,041,833 thousand, an increase from HKD 961,129 thousand at the end of 2023[4] - The company reported a net cash deficit of HKD 1,423,733,000 as of June 30, 2024, down from HKD 1,881,674,000 at the end of 2023[34] - The debt-to-equity ratio was 70% as of June 30, 2024, compared to 78% at the end of 2023[36] Business Strategy and Operations - The company plans to continue focusing on market expansion and new product development to drive future growth[1] - Distribution business revenue contracted by 11% to HKD 3,752,163,000, but segment profit increased by 4% to HKD 113,970,000 due to higher sales of value-added products[28] - The company is actively exploring new investment opportunities while focusing on expanding its distribution business and optimizing its real estate investment portfolio[33] Corporate Governance and Compliance - The audit committee, composed entirely of independent non-executive directors, reviewed the interim report for the six months ended June 30, 2024, along with the company's auditors[43] - The company has adhered to the corporate governance code as stipulated in the Hong Kong Stock Exchange Listing Rules throughout the period ending June 30, 2024[41] - There were no purchases, sales, or redemptions of the company's listed securities by the company or any subsidiaries during the six months ended June 30, 2024[44] Employee and Community Engagement - Employee count increased to 1,193, with total salaries and benefits amounting to HKD 146,615,000, up from HKD 101,520,000 a year earlier[38] - The company expressed gratitude to employees, customers, suppliers, business partners, banks, and shareholders for their unwavering commitment and support[46] Dividend and Shareholder Information - The company did not recommend the payment of an interim dividend for the six months ended June 30, 2024[17] - The company did not declare an interim dividend for the six months ended June 30, 2024, compared to no dividend declared for the same period last year[26] - The interim report will be sent to shareholders by September 30, 2024, and will also be published on the company's and the Hong Kong Stock Exchange's websites[45]

Employee Statistics - The total number of employees increased to 366 in 2023 from 268 in 2022, representing a growth of 36.5%[3] - The employee turnover rate for those under 30 years old was 70.7% in 2023, with a significant difference between genders: 58.8% for males and 79.1% for females[6] - The employee distribution by function shows that 56% are in hotel accommodation services, with a notable presence in sales and marketing at 18%[5] - The number of employees increased to 1,160 as of December 31, 2023, compared to 1,022 in 2022, with total employee compensation amounting to HKD 252,054,000, up from HKD 212,421,000 in the previous year[65] - The group’s employee compensation policy remains unchanged from the previous year, linking performance to rewards[65] Environmental Impact - The company achieved a total greenhouse gas emissions of 9,923 tons in 2023, up from 7,478 tons in 2022, indicating a 32.6% increase[14] - The energy consumption for 2023 was 17,370,000 kWh, compared to 15,707,000 kWh in 2022, reflecting an increase of 10.6%[16] - The company generated 2,593 kg of non-hazardous waste in 2023, a decrease from 2,978 kg in 2022, showing a reduction of 12.9%[15] - The carbon density per employee decreased slightly from 28 tons in 2022 to 27 tons in 2023[14] - The hotel business in Japan has seen a full recovery in 2023, leading to an increase in carbon emissions due to the surge in tourism[30] - The company has invested in energy-saving systems in its properties, aiming to reduce greenhouse gas emissions from hotel operations[30] - The carbon dioxide emissions for the fiscal year 2023 were 42 tons, significantly higher than 19 tons in 2022, attributed to increased travel by senior management[78] - Water consumption increased to 241,882 cubic meters in 2023, compared to 171,674 cubic meters in 2022, primarily due to the recovery of the Japanese tourism industry[79] Financial Performance - The company reported a revenue of HKD 12,000 million for the fiscal year 2023, showing a significant recovery compared to previous years[37] - Revenue decreased by 2% from HKD 9.23 billion to HKD 9.07 billion for the fiscal year ending December 31, 2023[51] - Net profit increased by 45%, rising from HKD 110.9 million to HKD 160.4 million for the same period[45] - Earnings per share rose by 99%, from HKD 0.16 to HKD 0.319 for the fiscal year ending December 31, 2023[52] - The net asset value per share increased to HKD 12.00 in 2023, reflecting the company's growth and stability[38] - The group recorded significant investment gains of HKD 128.7 million from securities investments due to a rebound in the tech stock market[54] - The asset-to-equity ratio improved to 78% from 92% year-on-year, indicating better financial stability[63] - The group’s investment properties had a book value of HKD 3,272,114,000 as of December 31, 2023, down from HKD 3,656,586,000 in 2022[64] - The company reported a loss of HKD 47,074,000 in fair value changes of investment properties for the year[168] - The company's total equity increased from HKD 3,924,834,000 in 2022 to HKD 4,052,636,000 in 2023, a rise of approximately 3.3%[163] Corporate Governance and ESG - The company has identified key ESG issues, particularly focusing on social operations and employment, to align with stakeholder expectations[29] - The company plans to continue reviewing and developing its ESG policies and goals to enhance its ESG performance in the future[29] - The company adheres to the ESG governance framework, with the board responsible for monitoring significant ESG issues and performance[99] - The board's diversity policy includes considerations of gender, age, cultural background, and professional experience[87] - The company emphasizes the importance of stakeholder engagement, focusing on business strategy, financial performance, and corporate governance[101] - The company conducted extensive surveys to explore the importance of various ESG components related to stakeholders[102] - The company is committed to responsible supply chain management and optimizing supplier collaboration[104] - The board is responsible for reviewing and monitoring compliance with legal and regulatory requirements[117] Operational Highlights - The company has opened its first self-operated hotel in Osaka and plans to expand with additional self-operated hotels in Osaka and Sapporo[40] - The company acquired additional hotel properties in Nagano and Wakayama, further expanding its portfolio in Japan[40] - Rental and hotel operations in Japan saw a 29% increase in revenue driven by the recovery of the tourism industry[53] - The company emphasizes the importance of product and service quality, customer experience, and data privacy protection as key operational priorities[104] Audit and Compliance - The audit committee held four meetings during the year to review the financial performance and internal controls of the group[109] - The total fees for external auditors amounted to HKD 6,429,000, including HKD 4,925,000 for audit services[120] - The board conducted four reviews of the internal control and risk management systems, which were deemed effective and sufficient[126] - The company engaged Deloitte for auditing services during the fiscal year ending December 31, 2023, with a total of 6 board meetings held[124]

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，對其準確性及完整性亦 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的任 何損失承擔任何責任。 SiS INTERNATIONAL HOLDINGS LIMITED 新龍國 際集團有限 公司 * （於百慕達註冊成立之有限公司） （股份代號：00529） 截至二零二三年十二月三十一日止年度 全年業績 新龍國際集團有限公司 (「本公司」) 董事 (「董事」) 欣然宣佈本公司及其附屬公司 (「本集團」) 截至二零二三年十二月三十一日止年度之經審核綜合業績，連同二零二二 年之比較數字載列如下： 綜合損益表 截至二零二三年十二月三十一日止年度 | | 附註 | 二零二三年 | 二零二二年 | | --- | --- | --- | --- | | | | 千港元 | 千港元 | | 收益 | | 9,067,962 | 9,227,729 | | 銷售成本 | | (8,399,374) | (8,609,309) | | 毛利 | | 668,588 | 618,420 | | 其他收入 | | 43,6 ...

Financial Performance - Net profit surged by 94% to HKD 51,819,000, while revenue decreased to HKD 4,371,945,000, reflecting challenges in the current market environment[5] - Revenue for the six months ended June 30, 2023, was HKD 4,371,945 thousand, a decrease of 8.5% compared to HKD 4,781,051 thousand in 2022[23] - Gross profit for the same period was HKD 289,696 thousand, down 6.5% from HKD 309,827 thousand in 2022[23] - Net profit for the period increased to HKD 51,819 thousand, compared to HKD 26,699 thousand in 2022, representing a growth of 94.2%[24] - Basic and diluted earnings per share for the period were HKD 7.33, compared to a loss of HKD 3.40 in the previous year[23] - The overall profit before tax for the period was HKD 72,287,000, compared to HKD 58,033,000 for the same period in 2022, indicating a year-on-year increase of 24.5%[47] - The total comprehensive income for the period was a loss of HKD 26,172,000, compared to a total comprehensive income of HKD 10,898,000 in the previous period[30] Revenue Breakdown - Distribution business revenue contracted by 9% to HKD 4,218,113,000, with a corresponding decline in segment profit to HKD 109,295,000 due to weak demand for mobile phones[13] - Revenue from distribution of mobile and IT products was HKD 4,193,984,000, down from HKD 4,638,386,000 in the previous year, a decrease of about 9.6%[44] - Hotel operations generated revenue of HKD 69,247,000, compared to HKD 30,676,000 in the prior year, reflecting an increase of approximately 126.5%[44] - Revenue from commission income increased to HKD 24,129,000 from HKD 19,157,000, marking an increase of about 25.7%[44] - Revenue from the Hong Kong market was HKD 995,699,000, down from HKD 1,078,171,000, a decrease of approximately 7.7%[44] - Revenue from the Thailand market was HKD 3,222,414,000, a decrease from HKD 3,579,372,000, representing a decline of about 10%[44] Assets and Liabilities - Total assets as of June 30, 2023, were HKD 4,978,490 thousand, a decrease from HKD 5,218,237 thousand at the end of 2022[26] - Non-current assets decreased to HKD 4,747,469 thousand from HKD 5,011,917 thousand in the previous year[26] - Current liabilities increased to HKD 3,720,578 thousand from HKD 3,622,214 thousand in 2022[27] - The company’s total liabilities decreased to HKD 3,911,499,000 as of June 30, 2023, from HKD 3,924,834,000 at the beginning of the year[30] - The company’s investment properties decreased to HKD 3,427,570 thousand from HKD 3,764,871 thousand in 2022[26] Cash Flow and Financing - The company reported a significant increase in cash and cash equivalents to HKD 928,387 thousand from HKD 862,086 thousand in the previous year[26] - For the six months ended June 30, 2023, the net cash generated from operating activities was HKD 104,294,000, a decrease of 40.5% compared to HKD 175,163,000 for the same period in 2022[33] - The company incurred a net cash outflow from financing activities of HKD 10,634,000, a significant improvement compared to HKD 256,233,000 in the previous period[33] - The company’s investment activities generated a net cash inflow of HKD 1,281,000, a recovery from a net cash outflow of HKD 23,344,000 in the previous period[33] Shareholder Information - Lin Jiafeng and Lin Jiaming collectively own 66.90% of the company, with Lin Jiafeng holding 6,933,108 shares and Lin Jiaming holding 5,403,200 shares[99] - Major shareholders include Yang Shengcong and Lin Mei Hua, each holding 5.26% of the company's issued share capital, totaling 14,614,000 shares[115] - The company has a total of 178,640,000 shares issued, with significant family ownership concentrated among the Lin family[99] Corporate Governance - The company has complied with the corporate governance code as per the Hong Kong Stock Exchange listing rules throughout the reporting period[118] - The audit committee, composed entirely of independent non-executive directors, reviewed the interim report for the six months ending June 30, 2023[120] - The company maintains a governance code that meets or exceeds the standards set by the listing rules[119] Future Outlook - The company maintains a cautiously optimistic outlook, leveraging its diversified technology product portfolio and extensive distribution network in Asia[18] - The company provided a positive outlook, projecting a revenue growth of 10-12% for the next fiscal year[123] - New product launches are expected to contribute an additional HKD 300 million in revenue by year-end[123] - The company is investing HKD 150 million in R&D for new technologies, aiming for a 25% increase in efficiency[123] - Market expansion plans include entering two new regions, targeting a 5% market share within the first year[123] - The company is considering strategic acquisitions to enhance its product portfolio, with a budget of HKD 500 million allocated for this purpose[123]

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，對其準確性或完整性 亦不發表聲明，並明確表示，概不對就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。 SIS INTERNATIONAL HOLDINGS LIMITED 新龍國 際集團有限 公司 * （於百慕達註冊成立之有限公司） （股份代號：00529） 截至二零二三年六月三十日止六個月 中期業績 新龍國際集團有限公司（「本公司」）董事（「董事」）欣然宣佈本公司及其附屬公司 （「本集團」）截至二零二三年六月三十日止六個月之中期業績，與及二零二二年同期 之比較數字。中期報告已由本公司核數師及審核委員會審閱。 簡明綜合損益表 截至二零二三年六月三十日止六個月 截至六月三十日止六個月 二零二三年 二零二二年 附註 千港元 千港元 收益 3 4,371,945 4,781,051 銷售成本 (4,082,249 ) (4,471,224) 毛利 289,696 309,827 其他收入 18,824 15,285 其他收益及虧損，淨額 4 (11,591 ) (21,954) ...

Financial Performance - Total revenue for the year 2022 was HKD 9,227,729, a decrease of 16.1% from HKD 10,999,242 in 2021[75] - Gross profit for 2022 was HKD 618,420, down from HKD 682,805 in 2021, reflecting a decline of 9.4%[75] - The net profit for the year was HKD 110,855, a significant decrease of 47.6% compared to HKD 211,321 in the previous year[75] - Basic earnings per share for 2022 were HKD 16.0, down from HKD 41.4 in 2021, representing a decline of 61.3%[75] - Other income for 2022 was HKD 31,430, down from HKD 38,120 in 2021, indicating a decrease of 17.5%[75] - Administrative expenses were reduced to HKD 138,699 from HKD 153,186, a decrease of 9.5%[75] - Financial expenses increased to HKD 56,960 from HKD 52,281, reflecting an increase of 9.3%[75] - The company reported a net loss from other gains and losses of HKD (73,117) compared to a gain of HKD 17,867 in 2021[75] - The company's profit for the year was HKD 110,855,000, a decrease of 47.6% compared to HKD 211,321,000 in the previous year[98] - The total comprehensive income for the year amounted to HKD 42,169,000, down from HKD 58,783,000, representing a decline of 28.3%[98] - The operating profit before tax was HKD 178,881,000, a decrease of 34.7% from HKD 274,305,000 in the previous year[102] Cash Flow and Financing - The cash generated from operations was HKD 383,172,000, compared to a cash outflow of HKD 459,626,000 in the previous year[102] - The net cash from investing activities was HKD (11,176,000), compared to HKD (7,423,000) in the previous year, indicating a worsening in investment cash flow[103] - The net cash used in financing activities was HKD (289,429,000), a significant decrease from HKD 594,907,000 in the previous year[103] - The company's cash and cash equivalents decreased by HKD 71,908,000, compared to an increase of HKD 234,885,000 in the previous year[103] Shareholder Information - The company proposed a final dividend of HKD 0.02 per share, totaling HKD 5,559,000 for shareholders registered on July 4, 2023[7] - The company’s major shareholders include Lin Jiafeng and Lin Jiaming, who collectively hold approximately 66.90% and 66.49% of the issued share capital, respectively[15] Corporate Governance - The company has complied with the corporate governance code as per the listing rules throughout the year ending December 31, 2022[32] - The board will propose the reappointment of Deloitte Touche Tohmatsu as the company's auditor at the annual general meeting[35] - All independent non-executive directors confirmed their independence in accordance with the listing rules[63] Investments and Assets - As of December 31, 2022, the carrying value of investment properties located in Hong Kong, Japan, Singapore, and Thailand was HKD 3,764,871,000, accounting for approximately 43% of the total assets of the group[39] - The net gain from fair value changes of investment properties recognized in the consolidated income statement for the year ended December 31, 2022, was HKD 21,232,000[39] - The valuation of investment properties is based on significant inputs requiring substantial judgment and estimates, including market unit rents and capitalization rates[39] - The company’s assets were less than its liabilities and issued share capital as of December 31, 2022[10] Accounting Policies and Standards - The group has not early adopted the new Hong Kong Financial Reporting Standards and amendments that have been issued but are not yet effective[107] - Revenue is recognized when control of the related goods or services is transferred to the customer, with performance obligations being clearly distinguishable[109] - Contract liabilities refer to the obligation to transfer goods or services for which the group has received consideration from customers[111] - Revenue is measured based on the progress towards complete satisfaction of performance obligations, using the output method[111] - The group will not classify right-of-use assets that do not meet the definition of investment property as investment property[117] - The financial statements are prepared based on historical cost, except for investment properties and certain financial instruments measured at fair value[131] Risk Management and Impairment - The group assesses for objective evidence of impairment in its interests in associates, conducting impairment tests based on the higher of value in use or fair value less costs to sell[123] - The expected credit loss measurement is based on historical data and forward-looking information, reflecting unbiased and probability-weighted amounts[165] Other Financial Information - The company made charitable cash and other donations totaling HKD 94,000 during the year[31] - The company has maintained appropriate insurance for the responsibilities of directors and senior officers throughout the year[14] - The company has not purchased, sold, or redeemed any of its listed securities during the year[34] - The company has not entered into any contracts for management and administrative work for the overall business or any significant part of it during the year[13] - The group recognizes government grants as expenses based on a systematic basis in the profit and loss account[182]

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，對其準確性及完整性亦 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的任 何損失承擔任何責任。 SiS INTERNATIONAL HOLDINGS LIMITED 新龍國 際集團有限 公司 * （於百慕達註冊成立之有限公司） （股份代號：00529） 截至二零二二年十二月三十一日止年度 全年業績 新龍國際集團有限公司 (「本公司」) 董事 (「董事」) 欣然宣佈本公司及其附屬公司 (「本集團」) 截至二零二二年十二月三十一日止年度之經審核綜合業績，連同二零二一 年之比較數字載列如下： 綜合損益表 截至二零二二年十二月三十一日止年度 附註 二零二二年 二零二一年 千港元 千港元 收益 9,227,729 10,999,242 銷售成本 (8,609,309 ) (10,316,437 ) 毛利 618,420 682,805 其他收入 31,430 38,120 其他收益及虧損，淨額 3 (73,117 ) 17,867 銷售及分銷支出 (205,741 ) (225,254 ) 行政支出 (13 ...