香港交易及結算所有限公司及香港聯合交易所有限公司對本公佈之內容概不負責， 對其準確性或完整性亦不發表任何聲明，並明確表示概不就因本公佈全部或任何 部分內容而產生或因倚賴該等內容而引致之任何損失承擔任何責任。 （於開曼群島註冊成立並遷冊往百慕達之有限公司） （股份代號：855） 截至二零二三年三月三十一日止年度之業績公佈 | --- | --- | --- | --- | --- | --- | |----------------|-------|--------------------------------------------------------------|---------------------------|---------------------------|---------------------| | | | 截至三月三十一日止年度之財務摘要 | 二零二三年 \n港幣百萬元 | 二零二二年 \n港幣百萬元 | 變動 \n% \n附註 (1) | | 收益 | | 總計 | 14,195.0 | 12,949.8 | 9.6 | | | | 管道直飲水供應經營及管道直飲水供應 | | ...

Financial Performance - Total revenue for the six months ended September 30, 2022, was HKD 6,785.2 million, representing a 4.8% increase from HKD 6,472.8 million in the same period last year[13]. - Gross profit decreased slightly to HKD 2,508.3 million, down 0.7% from HKD 2,525.3 million year-on-year[13]. - Profit attributable to owners of the company was HKD 970.4 million, a decrease of 4.8% compared to HKD 1,019.7 million in the previous year[13]. - Basic earnings per share were HKD 0.5945, down 6.5% from HKD 0.6361 in the prior period[13]. - Net profit for the period was HKD 1,510,416, a decrease of 4.3% from HKD 1,578,777 in the previous year[28]. - The group reported a net profit of HKD 1,510,416 for the period, compared to HKD 1,578,777 in the same period last year, indicating a decrease of about 4.32%[47]. - Total income tax expense for the six months ended September 30, 2022, was HKD 496,122,000, down 3.2% from HKD 512,588,000 in 2021[53]. Assets and Liabilities - Total assets increased to HKD 57,256.6 million, a 0.3% rise from HKD 57,064.4 million year-on-year[13]. - Total liabilities rose to HKD 37,379.9 million, reflecting a 2.2% increase from HKD 36,581.7 million[13]. - Net asset value decreased to HKD 19,876.8 million, down 3.0% from HKD 20,482.7 million[13]. - Total assets as of September 30, 2022, were HKD 40,062,673, a decrease from HKD 40,565,527 as of March 31, 2022[29]. - The total liabilities as of September 30, 2022, amounted to HKD 20,981,517, compared to HKD 19,248,385 as of March 31, 2022, reflecting an increase of approximately 9.0%[30]. - The total liabilities as of September 30, 2022, were HKD 4,980,486,000, compared to HKD 4,673,899,000 at the end of March 2022, indicating a rise of 6.5%[63]. Cash Flow and Liquidity - Cash and cash equivalents increased to HKD 6,302,752 from HKD 6,022,821, indicating improved liquidity[29]. - The net cash inflow from operating activities for the six months ended September 30, 2022, was HKD 1,292,878, a decrease from HKD 1,683,923 in the previous year, representing a decline of approximately 23.2%[32]. - The cash and cash equivalents at the end of the period were HKD 6,302,752, an increase from HKD 4,672,012 in the previous year, representing a growth of about 34.8%[32]. - The group maintained a strong liquidity position with cash and cash equivalents totaling approximately HKD 6,880,600,000 as of September 30, 2022, up from HKD 6,529,200,000 on March 31, 2022[84]. Dividends - The interim dividend remained stable at HKD 0.16 per share, consistent with the previous year[13]. - The interim dividend declared was HKD 0.16 per share, unchanged from the previous year, totaling HKD 261,172,000[55]. Segment Performance - The segment profit for the urban water supply and construction division was HKD 1,913,546, while the environmental segment reported a profit of HKD 251,229, and the property development and investment segment showed a profit of HKD 56,212, contributing to a total segment profit of HKD 2,205,328[47]. - The revenue from the urban water supply and construction segment was HKD 5,152,800,000, a slight increase of 0.1% compared to HKD 5,145,700,000 in the previous year[80]. - The environmental protection segment's revenue rose significantly by 22.3% to HKD 729,000,000 from HKD 596,100,000 in the previous year[81]. - The property segment recorded a revenue of HKD 373,400,000, a decrease of 38.3% from HKD 386,500,000 in the previous year[82]. Financial Risks and Management - The group has various financial risks including market risk, credit risk, and liquidity risk[38]. - The company maintains strict control over receivables to minimize credit risk, with overdue balances regularly reviewed by senior management[62]. - The group has not utilized derivative financial instruments to hedge foreign currency risks and closely monitors its non-Renminbi borrowings[87]. Shareholder Information - As of September 30, 2022, the largest shareholder, Asset Full Resources Limited, holds 471,036,301 shares, representing approximately 28.86% of the company's issued share capital[93]. - ORIX Corporation is another significant shareholder, holding 291,170,277 shares, which accounts for approximately 17.84% of the company's issued share capital[93]. Corporate Governance - The group has complied with all applicable provisions of the Corporate Governance Code, except for deviations regarding the roles of the chairman and CEO, and the rotation of directors[95]. - The board believes that the current structure of leadership does not impair the balance of power between the board and management, supporting effective decision-making[95].

Financial Performance - Total revenue for the year reached HKD 12,949.8 million, an increase of 25.2% compared to HKD 10,345.5 million in the previous year[6]. - Net profit attributable to shareholders was HKD 2,977.1 million, reflecting an 11.8% increase from HKD 2,662.1 million in the prior year[6]. - Basic earnings per share rose to HKD 1.17, up 11.9% from HKD 1.06 in the previous year[6]. - The group's total revenue increased significantly by 25.2% to HKD 12,949,800,000 for the year ended March 31, 2022, compared to HKD 10,345,500,000 in the previous year[20]. - The core business segments, "Urban Water Supply Operations and Construction" and "Environmental Protection," achieved a combined revenue of HKD 11,597,900,000, reflecting a stable growth of 19.0% from HKD 9,749,200,000[20]. - The urban water supply segment generated revenue of HKD 10,347,100,000, marking a growth of 21.1% from HKD 8,544,000,000[21]. - The environmental business segment reported a revenue of HKD 1,250.8 million, showing a growth of 10.4% from HKD 1,125.0 million[12]. Assets and Liabilities - The total asset value increased to HKD 57,064.4 million, a growth of 21.3% from HKD 47,038.0 million[6]. - The total liabilities amounted to HKD 36,581.7 million, representing a 21.6% increase from HKD 30,088.0 million[6]. - The group has an outstanding loan amount of HKD 21,863,500,000 as of March 31, 2022, an increase from HKD 18,428,900,000 the previous year, primarily due to capital expenditures and debt repayment[28]. - The capital debt ratio stands at 64.1% as of March 31, 2022, slightly up from 64.0% in the previous year[28]. Dividends - The company declared a total dividend of HKD 0.34 per share, an increase of 9.7% from HKD 0.31 in the previous year[6]. - The board proposed a final dividend of HKD 0.18 per share, bringing the total dividend for the year to HKD 0.34 per share, compared to HKD 0.31 in the previous year[17]. Growth and Market Strategy - The group aims to become the leading integrated operator in water supply and environmental services in China, targeting a potential service population of over 30 million across approximately 70 counties and cities[18]. - The group anticipates significant growth potential in the water services sector due to ongoing urbanization and economic growth, with expectations for substantial increases in water fees and consumption[18]. - The group plans to upgrade its pipeline drinking water service as one of its dual core businesses, aiming to enhance service quality and meet the public's demand for improved living standards[25]. - The group aims to leverage policy benefits and market opportunities to achieve sustainable and high-quality development while enhancing revenue and profitability[25]. Corporate Governance - The company reported a commitment to maintaining high standards of corporate governance to enhance shareholder value[41]. - The board of directors has reviewed its governance practices to meet increasing regulatory requirements and shareholder expectations[41]. - The company has established a corporate governance policy to guide the effective application of governance principles[41]. - The board believes that the continuity of leadership is crucial for the successful implementation of long-term business plans[41]. - The company has a policy that one-third of directors must retire at each annual general meeting, although the chairman is exempt from this rule[41]. Risk Management - The risk management and internal control systems are designed to manage risks rather than eliminate them, providing reasonable assurance against material misstatements[56]. - The board has established a framework for risk management, determining the nature and extent of risks acceptable to achieve strategic objectives[57]. - The company identifies operational and liquidity risks as significant factors that could impact financial performance and business outlook[69]. Environmental and Social Responsibility - The company has implemented energy-saving measures, including upgrading older water plants and introducing new technologies to reduce energy consumption[75]. - The company prioritizes the use of clean energy, installing solar power systems to reduce energy consumption on site[75]. - The company has a robust waste management system in place, ensuring compliance with environmental standards for waste disposal[75]. Financial Reporting and Compliance - The independent auditor confirmed that the financial statements reflect the group's financial position as of March 31, 2022, and its performance for the year ended on that date[109]. - The audit report confirmed that there were no significant misstatements in the financial statements, ensuring the reliability of the reported figures[123]. - The company has maintained compliance with relevant laws and regulations, ensuring no significant violations reported during the year[76]. Employee and Management - The group employs approximately 11,000 staff members, with compensation based on various factors including experience and performance[29]. - The company has a strong management team with extensive experience in finance and corporate governance[40]. - The employee compensation policy is based on performance, qualifications, and market data, ensuring alignment with the company's operational performance[96].