Financial Performance - The company reported a revenue of HKD 1,372,184,000 for the year, representing a 10.7% increase from HKD 1,239,276,000 in the previous year[6] - Gross profit increased by 19.5% to HKD 868,327,000, up from HKD 726,500,000[6] - Operating profit rose by 45.6% to HKD 240,848,000 compared to HKD 165,408,000 in the prior year[6] - Net profit for the year was HKD 221,043,000, a 49.1% increase from HKD 148,286,000[6] - Basic and diluted earnings per share increased to HKD 22.51, up 49.1% from HKD 15.10[6] - The company declared a total dividend of HKD 11.0 per share, a 15.8% increase from HKD 9.5 in the previous year[6] - Cash and bank balances stood at HKD 1,351,214,000, an increase of 9.2% from HKD 1,237,817,000[6] Profitability and Margins - The overall gross profit increased by approximately 20% to HKD 868,327,000 from HKD 726,500,000, with a gross margin of 51.7%, down from 52.8% last year[22] - Operating profit for the year was HKD 240,848,000, up about 46% from last year's HKD 165,408,000, resulting in an operating margin of approximately 18%, compared to 13% last year[27] - Net profit attributable to the company's owners was HKD 221,043,000, a rise of about 49% from HKD 148,286,000 last year[25] Revenue Sources - Domestic apparel sales revenue was HKD 1,031,030,000, an increase of about 11% year-on-year, with a 4% increase when calculated in RMB[29] - The revenue from operating rights for various products increased by approximately 22% to HKD 124,898,000, compared to the previous year[30] - The apparel business recorded sales of HKD 29,316,000, a decrease of approximately 16% compared to last year's HKD 34,831,000[33] Expenses and Costs - The total sales cost for the year was HKD 503,857,000, a decrease of 2% compared to the previous year[21] - Total expenses for the year decreased by about 45% to HKD 15,188,000 from HKD 27,395,000 last year[34] Investment Properties - The total value of the investment property portfolio at year-end was approximately HKD 2,994,394,000, an increase from HKD 2,950,107,000 last year[36] - The net rental income from investment properties was HKD 664,000, up from HKD 336,000 last year, contributing to a profit of HKD 8,802,000 compared to a loss of HKD 14,547,000 last year[34] - Rental and property management fee income amounted to HKD 147,009,000 and HKD 39,931,000, respectively, representing an overall increase of about 8%[37] Corporate Governance - The board consists of six members, including two executive directors, one non-executive director, and three independent non-executive directors, ensuring a diverse range of expertise and experience[183] - All independent non-executive directors have confirmed their independence in accordance with the listing rules, and the board believes they provide sufficient checks and balances to protect shareholders' interests[186] - The board held a total of four meetings during the year, discussing overall group strategy, monitoring financial and business performance, and approving financial reports and significant contracts[188] - Attendance rate for the board meetings was 100% for all directors, indicating strong engagement and commitment[189] Environmental, Social, and Governance (ESG) - The company is committed to adhering to environmental, social, and governance reporting guidelines, ensuring transparency and accountability in its operations[67] - A total of 19 significant environmental, social, and governance (ESG) issues were identified as important for the company's operations[86] - The company received over 80 valid responses from stakeholders during the ESG consultation process, which helped shape its strategies[86] Employee Welfare and Training - As of December 31, 2021, the company employed a total of 1,682 employees, with an additional 386 contractors[112] - The employee turnover rate for the company was 20% in 2021, down from 22% in 2020[113] - The company provided medical insurance for full-time employees, covering doctor visits, outpatient services, and hospitalizations[116] Sustainability Initiatives - The company aims to reduce energy consumption by 16.7% per HKD 100,000 revenue by 2030, compared to the 2020 baseline[135] - The greenhouse gas emissions target is to reduce emissions by 28% per HKD 100,000 revenue by 2030, compared to the 2020 baseline[135] - The company has implemented energy-saving measures, including replacing traditional lights with LED and optimizing consumption through data monitoring[135]

Financial Performance - The total revenue for the first half of the year was HKD 589,659,000, an increase of 9% compared to HKD 539,403,000 in the same period last year[3]. - The overall gross profit rose to HKD 384,023,000, up 32% from HKD 290,648,000 year-on-year, with a gross margin of approximately 54.9%, down 0.9 percentage points from 55.8%[4]. - Operating profit for the period was HKD 81,145,000, representing a 42% increase from HKD 57,326,000 in the previous year, with an operating margin of 14% compared to 11% last year[8]. - Net profit attributable to the company's owners was HKD 78,988,000, a 42% increase from HKD 55,792,000 year-on-year, while excluding the fair value loss of investment properties, profit would be HKD 95,009,000, up 36% from HKD 70,111,000[9]. - For the six months ended June 30, 2021, the company reported revenue of HKD 589,659,000, an increase of 9.5% compared to HKD 539,403,000 for the same period in 2020[34]. - Gross profit for the same period was HKD 384,023,000, representing a significant increase of 32.1% from HKD 290,648,000 in the previous year[34]. - The operating profit for the six months ended June 30, 2021, was HKD 81,145,000, compared to HKD 0 for the same period in 2020[34]. - The net profit attributable to the company's owners for the period was HKD 78,988,000, up from HKD 55,792,000 in the prior year, reflecting a growth of 41.5%[36]. Sales and Revenue Breakdown - Domestic apparel sales amounted to HKD 436,116,000, a 6% increase year-on-year, but a 3% decrease when calculated in RMB due to currency fluctuations[10]. - The revenue from operating rights for various products increased by approximately 73% to HKD 45,558,000, due to last year's fee reductions related to the pandemic[14]. - In Singapore, sales for the eyewear business reached HKD 16,000, an increase of about 2% from HKD 15,864,000 in the same period last year[15]. - The sales of goods accounted for HKD 452.224 million, up from HKD 427.363 million, reflecting a growth of 5.8% year-on-year[65]. Expenses and Costs - The overall expenses for distribution and marketing rose to HKD 201,829,000, a 38% increase from HKD 145,861,000 year-on-year, reflecting the recovery of business activities[6]. - The company incurred employee costs of HKD 111,454,000, which is a significant component of operational expenses[109]. - The company’s total direct operating expenses related to investment properties were HKD 43,077,000 for the period[109]. Assets and Liabilities - Total assets as of June 30, 2021, amounted to HKD 5,444,133,000, an increase from HKD 5,290,467,000 at the end of 2020[31]. - The group recorded a net cash inflow from operating activities of HKD 172,226,000 during the period[24]. - As of June 30, 2021, the group's cash and bank balances, including restricted cash, amounted to approximately HKD 1,349,982,000, an increase of HKD 112,165,000 from the end of last year[24]. - The group has no bank loans or overdrafts, resulting in a debt-to-equity ratio of zero as of June 30, 2021[24]. - The total amount of properties held for sale as of June 30, 2021, was HKD 514,843,000, an increase from HKD 424,548,000 as of December 31, 2020, representing a growth of about 21.3%[89]. - The group's business receivables as of June 30, 2021, amounted to HKD 42,201,000, down from HKD 99,257,000 as of December 31, 2020, indicating a decrease of approximately 57.5%[92]. - The total amount of prepayments, deposits, and other receivables as of June 30, 2021, was HKD 125,139,000, slightly up from HKD 121,930,000 as of December 31, 2020, reflecting an increase of about 2.7%[93]. Property and Investment - The value of the group's investment properties at the end of the period was approximately HKD 2,957,584,000, an increase from HKD 2,950,107,000 at the end of last year, primarily due to a 9% rise in the RMB exchange rate[18]. - Rental and property management fee income for the period was HKD 72,155,000 and HKD 19,722,000 respectively, representing an overall increase of approximately 7% compared to the same period last year[18]. - The overall occupancy rate for the group's properties was approximately 79%, down from 83% in the same period last year[18]. - The construction expenditure for the "Jinli Lai Garden" project in Meixian reached HKD 514,843,000, an increase of HKD 90,295,000 compared to the end of last year[21]. - The average rental and property management fee income for the "Jinli Lai Group Center" in Shatin decreased by approximately 11% due to the pandemic[21]. Shareholder Information - As of June 30, 2021, the company had a total of 614,438,750 shares outstanding, with major shareholders holding 62.42% of the shares[142]. - The company reported that the top shareholder, Top Grade Holdings Limited, holds 613,034,750 shares, representing 62.42% of the issued share capital[142]. - The second-largest shareholder, Silver Disc Limited, holds 160,616,000 shares, accounting for 16.35% of the issued share capital[142]. - The major shareholders include FMR LLC, which holds 63,108,250 shares, representing 6.43% of the issued share capital[142]. - The company has a total of 53,880,750 shares held by the Zeng Hsien-Tzu Charity (Management) Limited, accounting for 5.49% of the issued share capital[143]. Corporate Governance - The company has complied with the corporate governance code as per the Hong Kong Stock Exchange rules during the six months ending June 30, 2021[145]. - The audit committee has reviewed the unaudited interim financial information for the six months ending June 30, 2021[147]. - The company has established an audit committee to oversee financial reporting, risk management, and internal control systems[146]. - The company’s governance structure is deemed effective for monitoring management, with the chairman and CEO being the same individual to enhance decision-making efficiency[145]. Future Plans - The group plans to continue construction and pre-sale activities for the "Jinli Lai Garden" project, with the first phase expected to be completed around mid-next year[22]. - The company plans to continue expanding its market presence and investing in new product development to drive future growth[36]. - The company has established a mask factory in Meizhou with an investment of RMB 9,170,000, and will commence production and sales based on actual conditions[22].

Financial Performance - The company's revenue for the year was HKD 1,239,276,000, a decrease of 22.2% compared to HKD 1,591,930,000 in the previous year[8] - Gross profit was HKD 726,500,000, down 20.5% from HKD 913,353,000, resulting in a gross margin of 58.6%, an increase of 1.2 percentage points[8] - Operating profit decreased by 52.8% to HKD 165,408,000 from HKD 350,267,000, leading to an operating margin of 13.3%, down 8.7 percentage points[8] - Net profit for the year was HKD 148,286,000, a decline of 51.5% from HKD 306,028,000, with a net profit margin of 12.0%, down 7.2 percentage points[8] - The total revenue for the year was HKD 1,239,276,000, a decrease of approximately 22% compared to last year's HKD 1,591,930,000, with the apparel sales business being the most affected, down about 25%[19] - The overall gross profit for the year was HKD 726,500,000, down about 20% from last year's HKD 913,353,000, resulting in a gross margin of approximately 58.6%, slightly higher than last year's 57.4%[21] - Operating profit for the year was HKD 165,408,000, a decline of about 53% from last year's HKD 350,267,000, with an operating margin of approximately 13%, down from 22% last year[25] - Net profit attributable to the company's owners was HKD 148,286,000, a decrease of about 52% from last year's HKD 306,028,000, with a normalized profit of HKD 195,463,000, down about 24% from last year's HKD 257,415,000[26] Cash and Assets - The company reported cash and bank balances of HKD 1,237,817,000, an increase of approximately HKD 29,816,000 from the previous year[10] - The current ratio stood at 5.4, with current assets of HKD 2,089,945,000 and current liabilities of HKD 388,830,000[10] - Total assets increased to HKD 5,290,467,000 from HKD 5,181,108,000, while total liabilities decreased to HKD 870,229,000 from HKD 957,734,000[8] - The company has no bank loans or overdrafts, resulting in a zero debt-to-equity ratio[10] Inventory and Sales - The average inventory turnover days increased to 152 days from 132 days, while average accounts receivable turnover days increased to 31 days from 27 days[8] - The overall sales for the self-operated retail business decreased by about 18% compared to last year, with total sales amounting to HKD 929,642,000, a decline of approximately 24%[29] - Sales to agents decreased by about 30% compared to last year, significantly impacted by the pandemic[29] - The apparel business sales in Singapore and Malaysia recorded only HKD 34,831,000 for the year, down about 45% from the previous year[32] Costs and Expenses - The total sales cost for the year was HKD 512,776,000, down 24% compared to last year's figures, including direct operating expenses of investment properties which decreased by 15% to HKD 32,137,000[20] - Distribution and marketing costs were HKD 354,888,000, a decrease of 20% from last year's HKD 443,324,000, due to reduced sales-related expenses and the cancellation of various business activities[24] Investment Properties - The company recorded a fair value loss on investment properties of HKD 60,255,000, compared to a fair value gain of HKD 51,518,000 last year[22] - The total value of the investment property portfolio at the end of the year was approximately HKD 2,950,107,000, an increase from HKD 2,900,247,000 at the end of the previous year[34] - The group recorded a fair value loss of HKD 60,255,000 on investment properties, approximately 2% of the total property value at the end of the previous year[34] - The average occupancy rate for the year was about 81%, down from approximately 90% the previous year[36] Property Development - The company has ongoing property development projects with authorized but uncontracted expenditures of HKD 132,000,000 and contracted but unprovided expenditures of HKD 460,006,000[11] - The group has started the construction of the "Jinli Lai Garden" property development project, with expenditures of HKD 424,548,000 incurred by the end of the year[36] - The group continues construction and pre-sale work on the "Jinli Lai Garden" property development project in Meizhou, adjusting each aspect based on actual conditions[39] Environmental, Social, and Governance (ESG) - The company has established a dedicated environmental, social, and governance (ESG) team to formulate strategies and oversee ESG performance[81] - During the reporting period, the company did not identify any non-compliance issues related to bribery, extortion, fraud, or money laundering[82] - The company received over 80 valid feedback responses during the stakeholder engagement process, identifying 19 significant ESG issues[93] - The company adheres to relevant laws and regulations, including the Product Quality Law and Consumer Rights Protection Law, ensuring high product quality and service[96] - The company has implemented a quality management system that complies with government and industry standards, ensuring product safety and quality[97] - The company emphasizes ethical business practices and has a zero-tolerance policy towards corruption[82] - The company actively engages with stakeholders to understand their opinions on ESG management and performance[86] - The company has established a whistleblowing policy to allow employees to report misconduct confidentially[82] Employee and Labor Practices - The group employed a total of 1,688 employees as of December 31, 2020, with a turnover rate of 22%, up from 19% in 2019[114] - The employee composition by gender shows 73% male (1,229) and 27% female, while 98% are full-time employees[114] - Among employees, 76% are aged between 30 to 50 years, while 11% are under 30 and 13% are over 50[114] - The group contributed HKD 24,595,000 to employee retirement funds in 2020, adhering to local regulations[109] - The group has a strict policy against using unauthorized or pirated software in the workplace[103] - The group achieved a training participation rate of 68% among employees in 2020, with 81% for management staff and 66% for general employees[123] - The average training hours for the group in 2020 was 21.8 hours, with management staff receiving an average of 29.3 hours and general employees receiving 21.1 hours[123] - The group reported zero work-related fatalities during the reporting period and a total of 32 days lost due to work-related injuries, down from 68 days in 2019[117] Community Engagement and Support - The company actively participated in community support during the COVID-19 pandemic, providing essential assistance to mitigate its impact[140] - The company donated RMB 500,000 to establish the Jinli Education Scholarship in Meizhou, Guangdong Province, in July 2020[141] - The company provided medical equipment and supplies to hospitals in mainland China, including approximately 120,000 surgical masks and 200 air disinfection machines, in response to the COVID-19 pandemic[141] - A mask factory was established in Meizhou to increase the production of surgical masks to ensure a stable supply for hospitals in mainland China[141] Corporate Governance - The board of directors is committed to maintaining high levels of corporate governance and has complied with the relevant rules and codes[168] - The chairman and CEO positions are held by Mr. Zeng Zhiming, who has over 30 years of experience in the group, enhancing strategic planning and decision-making efficiency[182] - The board consists of six members, including one non-executive director and three independent non-executive directors, ensuring a balanced distribution of power and adequate governance[182] - The nomination committee held two meetings during the year to review the board's size, structure, and composition, including diversity considerations[188] - The company has adopted a nomination policy to regulate the nomination process, considering various factors such as integrity, qualifications, and business experience[186] - The remuneration committee, established in 2005, is responsible for setting transparent procedures for determining the remuneration policy for executive directors and senior management[196] - The remuneration committee held two meetings during the year to review the remuneration of individual executive directors and senior management[200] - All directors confirmed compliance with the relevant provisions of the standard code of conduct during the year[195]

GOLDLION HOLDINGS LIMITED 金利來集團有限公司 Stock Code 股份代號：00533 Interim R 中期報告 y Goldlion 金利來集團有限公司 主席報告 經營業績 聲業叙及毛利 自新型冠狀病毒疫情於二零二零年年初爆發,疫情對服裝零售行業帶來沉重的衝擊,集團業 務亦受到嚴重影響。 集團上半年總營業額為539,403,000港元,較去年同期之744,851,000港元下跌約28%,各項 業務的銷售額皆低於去年同期,其中以服裝服飾和批授經營權業務的跌幅較大,而來自物業 投資的整體收入則錄得單位數字的跌幅。 期闪整體毛利為290,648,000港元,較去年同期之432,833,000港元下跌約33%。豎於疫情發 生後令銷售環境變得不明朗,期內於銷售成本內計提的存貨減值撥帶顯著上升,避 45,920,000港元(去年同期為減值撥備回撥1,294,000港元)。如不計算存貨減值的影響,期內 服裝銷售業務毛利率約55.8%,較去年同期的51.6%上升约4.2個百分點,主要因期內折扣銷 售減少。 經營費用及經營溢利 期內分銷及市務成本為145,861,000港元,較去年同期下降約3 ...

GOLDLION HOLDINGS LIMITED 金利來集團有限公司 Stock Code 股份代號：00533 ANNUAL REPORT 年報 AGoldlion 目錄 02 公司資料 03 財政摘要 05 於中國大陸之銷售網絡 06 主席報告 12 集團物業一覽表 20 環境、社會及管治報告 47 企業管治報告 60 董事會報告 70 獨立核數師報告 76 綜合資產負債表 78 綜合收益表 79 綜合全面收益表 80 綜合權益變動表 81 綜合現金流量表 82 財務報表附註 142 五年財務摘要 二零一九年年報 曾智明先生 太平紳士 公司資料 | --- | --- | |------------------------------------|---------------------------------------------------------------| | | | | 董事 | 律師 | | 主席兼行政總裁： | 胡關李羅律師行 | | 曾智明先生 太平紳士 | 核數師 | | 執行董事： 黃麗群女士 | 羅兵咸永道會計師事務所 香港執業會計師及註冊公眾利益實體核數師 | | 非執 ...

Financial Performance - Total revenue for the first half of the year was HKD 744,851,000, a decrease of approximately 5% compared to HKD 783,156,000 in the same period last year[8]. - Overall gross profit was HKD 432,833,000, down about 5% from HKD 457,859,000 year-on-year, with a gross margin of 58.1%, slightly lower than 58.5% in the previous year[3][8]. - Operating profit for the period was HKD 186,365,000, a decline of approximately 4% from HKD 194,784,000 in the same period last year[9]. - Profit attributable to the company's owners was HKD 163,329,000, down about 5% from HKD 171,096,000 year-on-year[9]. - The group recorded operating rights income of HKD 42,063,000, a decrease of about 12% compared to the previous year[15]. - The group reported a total lease liability of HKD 27,997,000 as of January 1, 2019, with current lease liabilities of HKD 11,464,000 and non-current lease liabilities of HKD 16,533,000[65]. - The group’s profit before tax was HKD 197,997,000, resulting in a net profit of HKD 163,329,000 after tax expenses of HKD 34,668,000[94]. Revenue Breakdown - The company's retail sales in mainland China amounted to HKD 580,036,000, a decrease of approximately 5% compared to the previous year, although sales in RMB remained relatively stable[11]. - The group's total revenue for the period was HKD 744,851,000, with a breakdown of HKD 622,099,000 from apparel and accessories, HKD 31,044,000 from development, and HKD 91,708,000 from other segments[94]. - The group generated sales from goods amounting to HKD 611,080,000, down from HKD 644,152,000 year-on-year, indicating a decrease of about 5.1%[87]. - Rental income from investment properties was HKD 72,638,000, slightly down from HKD 73,204,000 in the previous year, reflecting a decrease of approximately 0.8%[87]. Expenses and Liabilities - The group’s administrative expenses were HKD 83,940,000, down 13% from HKD 96,202,000 in the same period last year[8]. - The group’s distribution and marketing costs accounted for 28.4% of total revenue, slightly higher than 27.9% in the previous year[8]. - The company’s total liabilities were HKD 928,116,000, slightly up from HKD 927,572,000, reflecting a marginal increase of about 0.1%[37]. - The group reported a decrease in business payables, with HKD 48,224,000 due within 90 days as of June 30, down from HKD 53,854,000 as of December 31[111]. Cash Flow and Capital Expenditure - As of June 30, 2019, the group's cash and bank balance was HKD 1,284,277,000, a decrease of approximately HKD 45,660,000 from the end of the previous year[30]. - The group recorded a net cash inflow from operating activities of HKD 94,847,000 and interest income of HKD 14,554,000 during the period[30]. - The total capital expenditure authorized but not contracted for the "Jinli Lai Garden" project in Meixian is approximately HKD 249,000,000[30]. - The group had commitments for investment properties of HKD 279,000,000 as of June 30, 2019, down from HKD 303,000,000 at the end of 2018, indicating a decrease of approximately 7.9%[127]. Market Outlook - The group maintains a cautious outlook for the remainder of 2019, anticipating significant downward pressure on the domestic economy and a slowdown in growth[24]. - The group expects the business of domestic agents to remain challenging in the second half of the year, with preliminary data indicating a double-digit decline in order amounts compared to the same quarter last year[27]. Shareholder Information - Major shareholders hold significant stakes, with the Sai family managing 613,034,750 shares, representing 62.42% of the issued share capital[152]. - The total number of shares held by directors and executives includes 614,438,750 shares, accounting for 62.56% of the issued share capital[147]. - The company did not repurchase any shares during the period and did not engage in any share trading activities[144]. Corporate Governance - The company has complied with the corporate governance code as per the Stock Exchange's listing rules for the six months ended June 30, 2019[154]. - The audit committee has reviewed the unaudited interim financial information for the six months ended June 30, 2019[156]. - The company has established an audit committee to oversee financial reporting and internal control systems[155].

Financial Performance - The total revenue for the year was HKD 1,681,640,000, an increase of approximately 5% compared to last year's HKD 1,602,786,000[13] - The overall gross profit for the year was HKD 977,426,000, up about 8% from last year's HKD 905,840,000, with a gross profit margin of approximately 58.1%[13] - Operating profit for the year was HKD 433,731,000, representing a 12% increase from last year's HKD 387,921,000, with an operating profit margin of 25.8%[20] - The net profit attributable to shareholders was HKD 376,244,000, an increase of approximately 17% from last year's HKD 322,275,000[20] - The company recorded cash and bank balances of HKD 1,329,937,000 as of December 31, 2018, an increase of approximately HKD 17,679,000 from the previous year[8] - The company proposed a final dividend of HKD 0.13 per share, amounting to approximately HKD 127,675,000, compared to HKD 122,764,000 last year[19] Sales and Market Performance - The total domestic apparel sales revenue for the year was HKD 1,322,328,000, representing an increase of approximately 5% compared to the previous year, primarily driven by wholesale business growth[22] - The sales to agents increased by about 9% year-on-year, attributed to a rise in order bookings and an increase in inventory sold at year-end[22] - The self-operated retail business (excluding outlet stores) experienced a decline of approximately 2% in revenue, with Chongqing seeing a drop of around 10%[22] - The e-commerce business grew by about 3%, accounting for approximately 30% of the group's domestic apparel sales[24] - The total sales revenue for the Singapore and Malaysia apparel business was HKD 62,268,000, a decrease of about 6% compared to the previous year[27] Cost and Expenses - The distribution and marketing costs for the year were HKD 432,179,000, a slight decrease of HKD 5,895,000 or 1% from the previous year[14] Property and Investment - The company had capital commitments of HKD 870,000,000 for property development projects as of December 31, 2018[9] - The rental and property management income from the Hong Kong Shatin property increased by approximately 10% year-on-year, mainly due to higher rental levels from new leases[29] - The property investment business will continue to enhance rental potential, ensuring stable rental income, with expected contributions from properties in Hong Kong and Guangzhou[31] - The property at 3 Sunrise Street, To Kwa Wan, Hong Kong, is projected to generate rental income in the first half of 2019, alongside the Guangzhou property expected to be leased by year-end[31] Environmental Impact - In 2018, the company emitted a total of 6,829 tons of CO2 equivalent, a decrease from 8,151 tons in 2017, representing a reduction of approximately 16%[82] - The greenhouse gas emission density per employee in 2018 was 3.78 tons of CO2 equivalent, down from 4.39 tons in 2017, indicating a reduction of about 14%[82] - The company reported a total of 75.8 tons of recyclable waste in 2018, including 63.8 tons of paper, 7.6 tons of metal, and 3.8 tons of clothing[84] - The company reduced its non-hazardous waste to 125.4 tons in 2018, down from 289.1 tons in 2017, a decrease of about 57%[84] - The company implemented effective energy-saving measures, resulting in a nearly 20% reduction in indirect emissions in 2018 compared to 2017[83] Employee and Workforce - As of December 31, 2018, the group had approximately 1,850 employees, a slight decrease from 1,860 in 2017, primarily due to restructuring in Singapore[119] - The overall employee turnover rate for 2018 was approximately 23%, an improvement from 24% in 2017, with a notable turnover rate of 32% for male employees[120] - The total retirement benefit contributions for 2018 amounted to approximately HKD 41,393,000, an increase from HKD 38,731,000 in the previous year[126] - The group maintains a competitive salary policy, regularly conducting market surveys to ensure employee compensation is competitive within the industry[122] - The group emphasizes work-life balance, with most employees working five days a week for a total of 40 hours[121] Training and Development - 57% of the group's employees received training in 2018, with a total of approximately 26.1 hours of training per participating employee[154] - The average training hours completed by female employees in 2018 was 30.6 hours, compared to 11.8 hours for male employees[156] - The company offers a variety of internal and external training programs to enhance employee skills and knowledge[146] Compliance and Ethics - The company strictly adheres to a "no child labor" policy and has not encountered any violations related to child or forced labor during the year[159] - The company has implemented measures to prevent bribery and conflicts of interest among employees and business partners[198] - The company has established multiple channels for reporting bribery and conflicts of interest, allowing partners and employees to report issues via phone, mail, or email[199]