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 ...

Financial Performance - The group's revenue decreased by 8% to HKD 4,781,051,000 for the six months ended June 30, 2022, primarily due to currency depreciation and a decrease in the fair value of investment securities[6]. - Net profit after tax fell to HKD 26,699,000, attributed to the depreciation of foreign currencies against the Hong Kong dollar[6]. - Revenue for the six months ended June 30, 2022, was HKD 4,781,051 thousand, a decrease from HKD 5,183,858 thousand in 2021, representing a decline of approximately 7.8%[24]. - Gross profit for the same period was HKD 309,827 thousand, slightly down from HKD 310,353 thousand in 2021, indicating a marginal decrease of 0.2%[24]. - The net profit for the period was HKD 26,699 thousand, a significant drop from HKD 68,002 thousand in 2021, reflecting a decrease of approximately 60.7%[24]. - Basic loss per share was HKD (3.40), compared to earnings of HKD 8.77 per share in the previous year, marking a substantial decline[24]. - The company reported a loss of HKD 9,460,000 for the six months ended June 30, 2022, compared to a profit of HKD 24,371,000 for the same period in 2021, indicating a significant decline in profitability[78]. - The financial expenses for the period amounted to HKD 26,601,000, contributing to the overall loss reported[67]. Revenue Breakdown - Revenue from information technology products amounted to HKD 4,638,386,000, while hotel operations contributed HKD 30,676,000[59]. - The company achieved a total of HKD 4,688,219,000 in customer contract revenue, which includes HKD 30,676,000 from hotel operations[59]. - The revenue from the Hong Kong market was HKD 1,078,171,000, down from HKD 1,241,296,000 in the previous period[59]. - The company’s total revenue from Thailand was HKD 3,579,372,000, a slight decrease from HKD 3,810,647,000[59]. Investment and Valuation - The real estate investment business recorded a total valuation gain of HKD 59,183,000, contrasting with a valuation loss of HKD 53,715,000 in the previous year[14]. - Total revenue from the real estate investment business decreased by 6% to HKD 123,508,000, mainly due to the depreciation of the Japanese yen against the Hong Kong dollar[14]. - The group's securities investments incurred a loss of HKD 80,527,000, compared to a profit of HKD 33,771,000 in the same period last year[15]. - The company reported a loss in equity instruments measured at fair value through profit or loss of HKD (86,237) thousand, compared to a gain of HKD 32,090 thousand in the previous year[24]. - The fair value of investment properties decreased by HKD 5,740,000 during the period, while the fair value of investment properties in Japan increased by HKD 64,923,000[83]. Cash Flow and Liquidity - The net cash generated from operating activities for the six months ended June 30, 2022, was HKD 175,163,000, compared to a net cash outflow of HKD 2,591,000 in the same period last year[42]. - The company reported a net cash outflow from investing activities of HKD 23,344,000, a significant decrease from a net inflow of HKD 3,338,000 in the previous year[42]. - The financing activities resulted in a net cash outflow of HKD 256,233,000, contrasting with a net inflow of HKD 83,069,000 in the prior year[42]. - The total cash and cash equivalents as of June 30, 2022, amounted to HKD 816,386,000, down from HKD 920,090,000 at the end of the previous year[42]. - The company’s cash and cash equivalents decreased to HKD 816,386 thousand from HKD 976,510 thousand, a decline of approximately 16.4%[31]. Assets and Liabilities - Total assets as of June 30, 2022, were HKD 4,930,527 thousand, down from HKD 5,360,676 thousand at the end of 2021, a decrease of about 8.0%[31]. - Current liabilities decreased to HKD 3,580,800 thousand from HKD 4,015,293 thousand, a reduction of approximately 10.8%[31]. - Non-current liabilities were HKD 1,253,674 thousand, down from HKD 1,723,767 thousand, indicating a decrease of about 27.2%[33]. - The group reported a net cash deficit of HKD 2,365,603,000 as of June 30, 2022, compared to HKD 2,842,027,000 as of December 31, 2021[125]. - The debt-to-equity ratio as of June 30, 2022, was 92%, down from 107% as of December 31, 2021[125]. Corporate Governance and Compliance - The company has complied with the corporate governance code as per the Hong Kong Stock Exchange listing rules throughout the reporting period[163]. - The audit committee, composed entirely of independent non-executive directors, reviewed the interim report for the six months ending June 30, 2022[165]. - The company maintains a code of conduct for directors that meets or exceeds the standards set by the listing rules[164]. Shareholder Information - Gold Sceptre Limited holds 140,360,000 shares of the company, while Kelderman Limited, Valley Tiger Limited, and Swan River Limited each hold 12,760,000 shares[136]. - Lin Jiafeng and Lin Jiaming collectively hold 40.50% and 39.50% of the issued share capital of Summertown Limited, which owns all issued shares of the aforementioned companies[136]. - Lin Jiafeng holds 241,875 personal shares and 214,510,470 company shares in SiS Distribution (Thailand) Public Company Limited, representing approximately 60.84% of the issued share capital[146]. - The company has unexercised options for 400,000 shares each for Lin Jiafeng and Lin Jiaming at an exercise price of HKD 2.36, expiring on June 30, 2023[147]. - Major shareholders include Yang Shengcong and Lin Meihua, each holding 5.26% of the issued share capital, totaling 14,614,000 shares[158].

Financial Performance - The company reported a revenue increase of 45% to HKD 10,999 million for the fiscal year ending December 31, 2021[30]. - Gross profit increased by 8% compared to the previous year[30]. - The company recorded a post-tax profit of HKD 211,321,000, significantly improved from a loss of HKD 556,649,000 in the previous fiscal year due to changes in the fair value of investment properties[30]. - Distribution business revenue increased by 47% to HKD 10,728,610,000, driven by growth in Thailand and Hong Kong[32]. - Classified profit from distribution business rose by 42% to HKD 300,025,000[32]. - Rental and hotel operation income decreased by 5% to HKD 270,632,000, with classified profit (excluding property fair value changes) down 39% to HKD 77,803,000[33]. - Securities investment recorded classified profit of HKD 14,302,000, up from HKD 9,605,000 in the previous year[35]. - The retained earnings as of December 31, 2021, were HKD 1,025,844,000, down from HKD 1,037,478,000 in 2020[127]. - The total distributable reserves available to shareholders as of December 31, 2021, were HKD 1,055,030,000, compared to HKD 1,066,664,000 in 2020[127]. - The company reported a revenue of approximately HKD 10,687,049,000 from the sale of goods for the fiscal year ending December 31, 2021[192]. Assets and Liabilities - Total assets increased by 6% to HKD 9,638 million[31]. - Net asset value per share rose from HKD 13.4 to HKD 14.0[31]. - The group has a cash deficit of HKD 2,842,027,000 as of December 31, 2021[43]. - The asset-liability ratio stands at 107% as of December 31, 2021, unchanged from the previous year[43]. - As of December 31, 2021, the carrying value of investment properties was HKD 4,110,724,000, representing about 43% of the total assets[191]. - A net loss of HKD 21,639,000 was recognized in the consolidated income statement for changes in the fair value of investment properties for the fiscal year[191]. Corporate Governance - The board consists of four executive directors and three independent non-executive directors, ensuring diverse business experience and expertise[50]. - The company has adopted a nomination policy for directors, considering factors such as character, qualifications, and industry knowledge[53]. - As of the end of 2021, two out of seven board members are female, reflecting the company's commitment to board diversity[57]. - The audit committee is composed entirely of independent non-executive directors, with Ms. Wang Wei Ling serving as the chair[59]. - The chairman and CEO positions are held by the same individual, Mr. Lin Jia Feng, who is responsible for the group's corporate strategy and development direction[52]. - The company has established measures to ensure corporate governance standards meet or exceed those set by the relevant codes[51]. - The board's composition is reviewed to maintain a balance of skills, experience, and diversity, which is considered essential for competitive advantage[57]. - The company’s governance practices are aligned with the Hong Kong Stock Exchange's requirements, ensuring compliance and transparency[51]. - The board has established a risk management and internal control system, which was reviewed three times during the year, and deemed effective and sufficient[74]. - The company has maintained appropriate insurance coverage for the responsibilities of directors and senior officers throughout the year[134]. Environmental Impact - Total energy consumption for the year 2021 was 10,817,000 kWh, an increase from 9,377,000 kWh in 2020[90]. - Water consumption for the year 2021 was 39,872 cubic meters, down from 44,167 cubic meters in 2020[90]. - Indirect energy emissions reached 4,795 tons of CO2 in 2021, compared to 4,068 tons in 2020[88]. - Other indirect emissions were 15 tons of CO2 in 2021, slightly up from 14 tons in 2020[88]. - Non-hazardous waste generated in 2021 was 3,215 kg, an increase from 2,963 kg in 2020[86]. - The company has been actively monitoring and reducing the environmental impact of its hotel operations[83]. - The company has implemented energy-saving systems in its iconic building in Japan since 2015[83]. - The company encourages employees to reduce, reuse, and recycle materials to minimize waste generation[93]. - The company complies with statutory requirements regarding the disposal of waste electrical and electronic products[93]. Employee and Training - Employee count increased to 838 from 765, with total employee compensation rising to HKD 203,173,000[45]. - The company employed a total of 231 full-time employees as of December 31, 2021, a slight decrease from 234 in 2020, with 49% located in Hong Kong[94]. - The employee training hours increased to 530 hours in 2021, up from 323 hours in 2020, with 54% of employees receiving training[100]. - The average training time per employee was 4 hours in 2021, compared to 3 hours in 2020[100]. - The company maintains a diverse workforce, with 52% male and 48% female employees overall, and a total of 41 employees under 30 years old[95]. - The company has a low employee turnover rate and has not reported any significant work-related injuries[99]. - The company has implemented a stock option plan to incentivize directors and senior employees[94]. - The company ensures compliance with labor laws in Hong Kong, Singapore, and Japan, with no employees under the age of 18[104]. Shareholder Engagement - The company has established multiple communication channels to enhance engagement with investors and shareholders[79]. - The board is committed to maintaining effective communication among shareholders, management, and the board itself[52]. - The company has a policy to declare dividends based on its financial performance and the interests of shareholders[128]. - The company's ability to declare dividends depends on its operating performance, profitability, capital requirements, overall financial condition, and current economic environment[128]. Audit and Compliance - The Audit Committee held three meetings during the year ending December 31, 2021, and reviewed the management accounts and financial performance of the group[60]. - The external auditor, Deloitte, provided audit services for a fee of HKD 4,532,000, tax advisory services for HKD 14,000, and other services for HKD 522,000 for the year ending December 31, 2021[72]. - The Nomination Committee met once during the year to review the composition of the board and assess the independence of non-executive directors[63]. - The Remuneration Committee held one meeting during the year to review the remuneration policies and determine the compensation for executive directors and senior management[64]. - The company ensured compliance with Hong Kong Financial Reporting Standards in preparing its financial statements[185]. - The board is responsible for preparing true and fair consolidated financial statements according to Hong Kong Financial Reporting Standards and the Companies Ordinance[198]. - The management is tasked with overseeing the financial reporting process of the group[199]. - The auditors aim to obtain reasonable assurance that the consolidated financial statements are free from material misstatement due to fraud or error[200].

Financial Performance - The company recorded a profit attributable to owners of HKD 24,371,000, compared to a loss in the same period last year[7]. - Revenue increased by 60% from HKD 3,248,584,000 to HKD 5,183,858,000 in the first half of 2021[7]. - Gross profit grew by 10% during the same period[7]. - The company achieved a profit of HKD 33,771,000 from securities investments, recovering from a loss of HKD 37,558,000 in the previous year[18]. - The company reported a profit before tax of HKD 85,430 thousand, a significant recovery from a loss of HKD 379,329 thousand in the previous year[25]. - Net profit for the period was HKD 68,002 thousand, compared to a loss of HKD 309,534 thousand in 2020, marking a turnaround in financial performance[30]. - Basic earnings per share for the period was HKD 8.77, a substantial improvement from a loss per share of HKD 117.8 in the prior year[25]. - The company reported a loss of HKD 379,329,000 before tax for the period[64]. - The company reported a loss of HKD 328,054,000 for the six months ended June 30, 2020, while for the same period in 2021, the loss narrowed to HKD 24,371,000[79]. Revenue Breakdown - The distribution business revenue rose by 62% to HKD 5,051,943,000, driven by an expanded product range and enhanced e-commerce activities[17]. - The total revenue for the period ended June 30, 2021, was HKD 5,183,858,000, with customer contract revenue contributing HKD 5,069,566,000[57]. - The revenue from information technology products was HKD 5,026,139,000, while hotel operations generated HKD 17,623,000[57]. - The company’s rental income from investment properties was HKD 114,292,000[57]. - The company’s commission income was HKD 25,804,000, with additional income from food and beverage operations amounting to HKD 9,208,000[57]. - The company’s revenue from Thailand was HKD 3,810,647,000, while revenue from Hong Kong was HKD 1,241,296,000[61]. Assets and Liabilities - Total assets amounted to HKD 9,115,166,000 as of June 30, 2021[7]. - Total assets as of June 30, 2021, were HKD 5,558,752 thousand, down from HKD 5,798,470 thousand at the end of 2020[33]. - The company’s total liabilities exceeded current assets by HKD 613,877,000, raising concerns about liquidity management[46]. - The group’s total assets, including investment properties, were valued at HKD 4,084,555,000 as of June 30, 2021, down from HKD 4,199,372,000 as of December 31, 2020[107]. - The group’s cash and cash equivalents decreased from HKD 450,733,000 to HKD 436,875,000, a decrease of approximately 3%[107]. - The current ratio of the group as of June 30, 2021, was approximately 0.85, compared to 0.88 as of December 31, 2020[125]. - The debt-to-equity ratio as of June 30, 2021, was 104%, down from 107% as of December 31, 2020[126]. Cash Flow - The net cash used in operating activities for the six months ended June 30, 2021, was HKD (2,551,000), a significant decrease compared to HKD 338,323,000 in the same period of 2020[44]. - The net cash generated from investing activities was HKD 3,298,000, contrasting with a net cash outflow of HKD (63,917,000) in the previous year[44]. - The net cash generated from financing activities was HKD 83,725,000, compared to a net cash outflow of HKD (74,471,000) in the same period last year[44]. - The total cash and cash equivalents as of June 30, 2021, amounted to HKD 920,090,000, an increase from HKD 872,788,000 at the end of the previous year[44]. - The company sold part of its interest in a subsidiary, resulting in proceeds of HKD 75,705,000, which contributed to the increase in cash flow from financing activities[44]. Investment and Capital Expenditures - The company’s investment in properties, plant, and equipment for the six months ended June 30, 2021, was HKD (8,896,000), a decrease from HKD (11,507,000) in the same period of 2020[44]. - The company’s capital expenditures for investment properties were approximately HKD 4,386,000 for the six months ended June 30, 2021, significantly lower than HKD 52,566,000 for the same period in 2020[131]. - The group recognized an impairment of HKD 21,808,000 for property, plant, and equipment due to indications of impairment from a hotel property temporarily closed due to COVID-19[87]. - The company has committed capital expenditures of HKD 1,040,000 for property renovations as of June 30, 2021[17]. Shareholder Information - The company holds 66.90% of its issued share capital, with significant shareholdings by directors and their associates, indicating strong insider ownership[136]. - Mr. Lin Jia Ming and his family collectively hold a 66.49% equity interest in the company, which includes indirect ownership of 48,346,978 shares of ITCL[151]. - Mr. Lin Jia Ming directly holds 59,210,840 shares of ITCL, representing approximately 46.05% of ITCL's issued share capital[152]. - The total number of shares held by major shareholders amounts to 14,066,000, representing 5.06% of the company's issued share capital[159]. Corporate Governance - The company adhered to the corporate governance code as per the Hong Kong Stock Exchange Listing Rules throughout the period ending June 30, 2021[164]. - The audit committee, composed entirely of independent non-executive directors, reviewed the interim report for the six months ending June 30, 2021, including accounting policies and practices[166]. Employee Information - The number of employees increased to 798 as of June 30, 2021, compared to 703 on June 30, 2020, with total employee compensation and benefits amounting to HKD 94,337,000, up from HKD 81,654,000 in the previous year[129]. - The remuneration paid or payable to directors was HKD 6,254,000 for the six months ended June 30, 2021, down from HKD 7,939,000 for the same period last year, a decrease of about 21%[109]. Risk Management - The company currently has no comprehensive currency hedging policy but monitors currency fluctuation risks and considers hedging significant currency risks when necessary[130]. - The company’s management is actively monitoring currency risks associated with transactions denominated in USD, AUD, SGD, JPY, and RMB[130].

elle 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) 年 報 2020 ILLULARD THE R 新龍國際集團有限公司 年報2020 目錄 | --- | --- | --- | --- | |-------|----------------------|-------|----------------------------| | | | | | | 2 | 公司資料 | 45 | 綜合損益表 | | 3 | 財務摘要 | 46 | 綜合損益及其他全面收益報表 | | 4 | 歷史及里程碑 | 47 | 綜合財務狀況表 | | 6 | 主席兼行政總裁致辭 | 49 | 綜合權益變動表 | | 8 | 管理層討論及分析 | 50 | 綜合現金流轉表 | | 10 | 企業管治報告 | 52 | 綜合財務報表附註 | | 19 | 環境、社會與管治報告 | 144 | 財務概要 | | 25 | 董事履歷 | 145 | 投資物業詳情 | | 27 | 董事會報告 | | | | 39 | 獨立核數師報告 | | | 1 新龍國際集團有限公司 年報2 ...