香港交易及結算所有限公司及香港聯合交易所有限公司對本公佈的內容概不負責，對其準確性或 完整性亦不發表任何聲明，並明確表示，概不對因本公佈全部或任何部份內容而產生或因倚賴該 等內容而引致的任何損失承擔任何責任。 可歸於: 公司股東權益 418,073 378,098 非控股權益 92,591 75,778 本年度利潤 510,664 453,876 每股利潤 8 基本及攤薄 (港仙) 20.77 18.78 Tan Chong International Limited 陳唱國際有限公司 （在百慕達註冊成立之有限公司） （股份代號：693） 全年業績 陳唱國際有限公司（「本公司」）董事會玆宣佈本公司及其附屬公司（「本集團」）截至2022年12月31日止 年度的經審核年度業績如下： 綜合損益表截至2022年12月31日止財政年度 | --- | --- | --- | --- | |---------------------------|-------|--------|-------------| | 附註 2022年 2021年 | | | | | | | 千港元 | 千港元 | | 收入 3, 4 13,4 ...

Financial Performance - The group's revenue for the first half of 2022 was HKD 6.48 billion, a 5% increase from HKD 6.156 billion in the same period of 2021[4] - The group's profit after tax for the first half of 2022 was HKD 172.9 million, up 120% from HKD 78.6 million in the same period of 2021[4] - EBITDA increased by 14% to HKD 558 million from HKD 489 million in the previous year[4] - Operating profit for the same period was HKD 271,171, up from HKD 179,761 in 2021, indicating a significant increase of about 50.9%[14] - The profit before tax for the six months ended June 30, 2022, was HKD 276,702,000, compared to HKD 184,075,000 in 2021, indicating an increase of about 50.4%[34] - The company reported a net profit of HKD 130,560,000 for the six months ended June 30, 2022, compared to a profit of HKD 27,094,000 for the same period in 2021, representing a significant increase[23] - The company's total comprehensive income for the period was HKD 130,560,000, a significant increase from HKD 27,094,000 in the same period last year, representing a growth of approximately 383.5%[37] Cash and Liquidity - The net cash position as of June 30, 2022, was HKD 376.2 million, compared to HKD 265.7 million at the end of 2021[4] - The company's cash and bank balances as of June 30, 2022, were HKD 2,773,685, compared to HKD 2,475,773 at the end of 2021, showing an increase of approximately 12.1%[19] - Cash and cash equivalents increased to HKD 2,551,856,000 as of June 30, 2022, from HKD 2,332,654,000 at the end of the previous period[26] - Cash generated from operating activities was HKD 116,388,000 for the six months ended June 30, 2022, down from HKD 263,602,000 in the same period of 2021[26] - The company reported a net cash inflow from investing activities of HKD 243,398,000, compared to HKD 23,016,000 in the previous year[26] Revenue Breakdown - Revenue from goods sales was HKD 2,377,863,000, while service revenue increased to HKD 4,018,890,000 from HKD 3,669,850,000 year-on-year[30] - The geographical revenue breakdown showed Japan as the largest market with HKD 3,809,112,000, followed by Singapore with HKD 522,977,000[31] - In China, the group's automotive sales increased by 44% year-on-year, benefiting from diversification in dealership channels[8] - In Malaysia, sales increased by 196% year-on-year due to the extension of sales tax exemptions[9] - In Singapore, the total industry volume (TIV) decreased by 39% year-on-year in the first half of 2022, with Nissan's sales down 59%[7] Dividends and Shareholder Returns - The company declared an interim dividend of HKD 0.025 per share for the first half of 2022[5] - The interim dividend declared is HKD 0.025 per share, totaling HKD 50,330,000, an increase from HKD 30,200,000 in the previous year[59] - The company declared dividends of HKD 100,665,000 during the period[24] - Basic earnings per share for the six months ended June 30, 2022, were HKD 0.065, compared to HKD 0.013 in 2021, marking a significant increase of 400%[37] Operational Challenges and Outlook - The company expects improved sales revenue in the next fiscal year, driven by a gradual recovery from COVID-19 and stabilization in semiconductor supply for automotive parts[11] - The company anticipates a brighter outlook for the second half of 2022 due to increased demand stemming from vehicle supply shortages[12] - The logistics business, ZERO, recorded a revenue increase of 10% to HKD 3.8 billion in the first half of 2022[10] - ZERO's net profit in the first half of 2022 decreased by 23% year-on-year due to a downturn in the Japanese automotive distribution market, rising fuel costs, and the depreciation of the yen against the Hong Kong dollar[11] - The company is implementing a fuel surcharge system to mitigate fluctuations in fuel costs, reflecting its proactive approach to managing operational challenges[11] Financial Position and Liabilities - The total liabilities decreased from HKD 3,460,411 in 2021 to HKD 4,047,589 in 2022, indicating a rise in financial obligations[20] - The company's total assets included an investment in Subaru Corporation valued at HKD 1,589,463,000, which accounted for 9.4% of the group's total assets[40] - The company reported a capital commitment of HKD 26,928,000 as of June 30, 2022, down from HKD 71,482,000 as of December 31, 2021, indicating a significant reduction in future financial obligations[57] Corporate Governance - The company’s major shareholder, Chen Chang United Limited, holds 35.05% of the total issued shares, indicating a strong ownership concentration[65] - The company’s executive director, Chen Yongshun, holds a personal interest of 152,460,000 shares, representing 29.15% of the total issued shares[62] - All directors confirmed compliance with the securities trading requirements during the first half of the year as per the Listing Rules Appendix 10[68] - No violations of the Corporate Governance Code were reported for the six months ending June 30, 2022[69] - The chairman's extensive expertise in the automotive industry is recognized as crucial for the group's operations[69]

Financial Performance - The group's total revenue for 2021 was HKD 11.9 billion, a decrease of 4% compared to 2020, primarily due to a 17% drop in automotive sales[5] - Operating profit increased from HKD 274.11 million in 2020 to HKD 646.23 million in 2021, with an operating profit margin rising from 2.2% to 5.4%[5] - The net profit attributable to shareholders for 2021 was HKD 3.78 billion, compared to HKD 851.7 million in 2020[5] - The group recorded a return on capital employed (ROCE) of 5.1% for 2021, up from 2.4% in 2020[5] - The total dividend payment for 2021 was HKD 1.30865 billion, with a final dividend of HKD 0.05 per share[8] - The company reported a significant increase in revenue, achieving a total of $X million, representing a Y% growth compared to the previous year[1] - The company reported a net loss from foreign exchange of HKD 62,446,000 in 2021, compared to a gain of HKD 66,754,000 in 2020[173] - The total comprehensive income for the year was HKD (7,480) thousand, a decrease from HKD (145,196) thousand in 2020, indicating an improvement in the loss situation[163] Employee and Workforce - The number of employees decreased by 6% from 5,407 in 2020 to 5,105 in 2021[6] - Total number of employees as of December 31, 2021, is 9,490, representing a 4.2% increase from the previous year[66] - The percentage of male employees is 85.5% (8,101), while female employees account for 14.5% (1,389)[66] - Full-time employees make up 39.5% (3,750) of the workforce, while part-time employees constitute 60.5% (5,740)[66] - The average training completion rate for male employees is 42%, while for female employees it is 31%[68] - The company reported zero work-related deaths in 2021, maintaining a death rate of 0%[70] - The company encourages continuous learning and invests in employee development through internal and external training programs[67] Corporate Governance - The board of directors is committed to high standards of corporate governance and has adopted relevant guidelines to protect shareholder interests[15] - The board meets at least four times a year to manage the group's business and approve major financial and operational strategies[17] - The board of directors meets approximately once a quarter, with special meetings convened for urgent matters[18] - The attendance record for board meetings in 2021 shows that all executive directors attended 100% of the meetings[19] - The remuneration committee consists of two independent non-executive directors, responsible for reviewing and determining the compensation packages for executive directors and senior management[22] - The nomination committee, chaired by an independent non-executive director, is tasked with reviewing the board's structure and recommending suitable candidates for directorship[23] - The company adopted a board diversity policy in August 2013, which is monitored by the nomination committee to enhance performance quality[24] - The board is responsible for establishing and reviewing corporate governance policies and practices[25] Environmental, Social, and Governance (ESG) Initiatives - The company has identified significant ESG issues, including resource utilization, emissions, and labor standards, and is actively engaging with stakeholders to address these concerns[41] - The total energy consumption for the company in 2021 was 264,151,732 kWh, with a goal to reduce energy consumption by 5% by 2030 compared to the 2021 baseline[47] - The total water consumption in 2021 was 112,828 cubic meters, with a target to reduce water usage by 8% by 2030 compared to the 2021 baseline[49] - The total carbon dioxide emissions in 2021 were 66,015 tons, with an internal target to reduce emissions by at least 1% annually[59] - The total hazardous waste disposed of in 2021 was 57,929 tons, with a goal to reduce hazardous waste by 5% by 2030 compared to the 2021 baseline[58] - The company is committed to complying with environmental regulations and supporting local governments in achieving zero emissions goals[43] - The ESG committee is responsible for evaluating and managing significant ESG issues, ensuring alignment with stakeholder expectations and corporate strategy[39] Market and Sales Performance - In Hong Kong, automotive sales increased by 43% in 2021 despite supply chain issues due to microchip shortages[10] - Sales in Thailand declined by 51% due to COVID-19 restrictions, but a gradual recovery is expected with production stabilizing by the end of 2021[14] - The Philippines saw an 8% revenue growth in 2021, attributed to positive consumer response to new models like the Subaru Evoltis and Subaru Outback[14] - Japan's ZERO division recorded a revenue increase of 5% to HKD 6.6 billion, partly due to the consolidation of logistics subsidiary Lu You Logistics[14] - The group anticipates a 30% increase in sales in 2022 with the launch of its first electric Subaru SUV in China[10] - The group anticipates a further increase in production and sales in 2022, driven by the launch of the new Subaru XV model featuring the popular Eyesight safety technology[14] Financial Position and Assets - Non-current assets increased to HKD 11,840,507 thousand in 2021, up from HKD 10,159,737 thousand in 2020, representing a growth of approximately 16.6%[165] - Current assets decreased to HKD 5,496,753 thousand in 2021 from HKD 7,779,617 thousand in 2020, a decline of approximately 29.3%[166] - Total liabilities decreased to HKD 3,460,411 thousand in 2021 from HKD 4,133,489 thousand in 2020, a decrease of approximately 16.3%[166] - The company's total equity attributable to shareholders decreased to HKD 10,807,235 thousand in 2021 from HKD 10,855,525 thousand in 2020, a slight decrease of approximately 0.4%[169] - The company reported a significant increase in investment properties, which rose to HKD 4,065,018 thousand, indicating a strategic focus on real estate assets[167] Compliance and Risk Management - The company is committed to complying with the Securities and Futures Ordinance and will disclose applicable internal information to the public as soon as reasonably practicable[30] - The company has established a compliance department focused on anti-corruption training for the board and senior management in 2021[79] - The group reported zero corruption cases to the ESG committee in 2021, indicating effective anti-corruption measures[80] - The company has not reported any regional violations of environmental laws and regulations during the reporting period[64] - The company aims to ensure proper management of hazardous waste in compliance with local laws and regulations[54] Related Party Transactions - The total annual transaction amount under the TCMH agreement reached HKD 19,397,000, remaining within the annual cap of HKD 33,960,000[119] - The total annual transaction amount for all related party transactions was HKD 27,264,000 for the year ended December 31, 2021, within the adjusted annual cap of HKD 49,890,000[126] - The independent non-executive directors confirmed that related party transactions were conducted under normal business terms and were fair and reasonable[126] - The company has complied with the disclosure requirements set forth by the listing rules regarding related party transactions[126]