Financial Performance - Revenue for the year ended March 31, 2022, was HK$501.3 million, representing a 9.8% increase from HK$456.4 million in 2021[11] - Gross profit increased by 19.9% to HK$131.8 million, up from HK$109.9 million in the previous year[11] - Operating profit rose by 29.4% to HK$30.1 million, compared to HK$23.2 million in 2021[11] - Net profit for the year was HK$21.1 million, reflecting a 13.7% increase from HK$18.6 million in 2021[11] - Earnings per share increased to HK$6.6, an 8.2% rise from HK$6.1 in the previous year[11] - Total assets as of March 31, 2022, were HK$355.9 million, a 6.4% increase from HK$334.5 million in 2021[11] - Net assets increased by 8.8% to HK$188.2 million, up from HK$172.9 million in the previous year[11] - The gross margin improved to 26.3%, up from 24.1% in 2021, indicating better cost management[11] Business Segments Performance - Turnover from the Electronic and Electrical Trading Business increased by approximately 22.8% to HK$361 million, while turnover from the Computer Business decreased by approximately 19.6% to HK$78 million[23] - The Group's revenue from the Electronic and Electrical Trading Business was approximately HK$361 million, representing an increase of about 22.8% compared to approximately HK$294 million last year[45] - The gross profit margin for the Electronic and Electrical Trading Business, Computer Business, and Cosmetic and Online Retail Business were approximately 27.1%, 23.3%, and 25.1% respectively for the Reporting Period[44] - The Computer Retail Business recorded a turnover of approximately HK$20 million, a decrease of about 20% from approximately HK$25 million in the previous year[52] - The turnover of the Computer Distribution Business decreased by about 19.4% to approximately HK$58 million, down from approximately HK$72 million last year[52] - The Group's overseas subsidiaries recorded an aggregate turnover of approximately HK$175 million, representing an increase of approximately 28.7% compared to approximately HK$136 million last year[49] - The South African subsidiary recorded turnover of approximately HK$143 million, an increase of about 31.2% from approximately HK$109 million last year[50] - The Electronic and Electrical Trading Business accounted for approximately 72% of the Group's total turnover during the Reporting Period[43] - The Computer Business accounted for approximately 15% of the Group's total turnover during the Reporting Period[43] - The Cosmetic and Online Retail Business accounted for approximately 13% of the Group's total turnover during the Reporting Period[43] Liquidity and Financial Ratios - The company maintained a current ratio of 1.9 and a quick ratio of 0.7, indicating stable liquidity[11] - As of 31st March 2022, the Group's cash and bank balances amounted to approximately HK$37 million, with net current assets of approximately HK$138 million, maintaining a current ratio of approximately 1.9[57] - The Group's total borrowings as of 31st March 2022 were approximately HK$69 million, slightly down from HK$70 million as of 31st March 2021[59] - The Group's net borrowings amounted to approximately HK$62 million as of 31st March 2022, compared to approximately HK$61 million as of 31st March 2021[59] - The net gearing ratio decreased to 33% as of 31st March 2022, down from 35.3% as of 31st March 2021[59] - The Group had banking facilities totaling approximately HK$89 million as of 31st March 2022, with an unused balance of approximately HK$20 million[59] Management and Governance - The Group has a strong governance structure with qualified professionals in key positions, ensuring compliance and strategic oversight[90][94] - The management team is focused on business development and expansion in the Asia Pacific region, leveraging their extensive industry experience[83][86] - The company has independent non-executive directors with extensive experience in accounting, auditing, and financial management, including Dr. Leung with over 35 years of experience[90] - The independent non-executive directors bring diverse backgrounds and expertise, enhancing the company's strategic direction[85][92] - The Group's management structure includes a mix of experienced professionals with backgrounds in finance, business development, and retail[100][102][110][112] - The Company emphasizes transparency, accountability, and independence in its corporate governance practices[119] Risk Management and Internal Controls - The Company has established risk management and internal control systems to identify, analyze, evaluate, and mitigate risks impacting operational efficiency and business objectives[193] - An annual risk identification exercise is conducted to assess the consequences and likelihood of risks, including the development of risk management plans[194] - The internal audit function examines key financial and operational issues, providing findings and recommendations for improvement to the Audit Committee[195] - The Board, supported by the Audit Committee, reviewed the effectiveness of risk management and internal control systems during the reporting period, deeming them adequate[199] Dividend Policy - The Company has adopted a dividend policy, allowing for the declaration of dividends based on the Board's recommendation, subject to various considerations[176] - Factors considered in the dividend declaration include the Group's overall financial condition, future operations, liquidity position, and expected working capital requirements[179] - The Company may decide not to declare dividends for reasons such as maintaining capital structure and reserving capital for opportunities[176] - The Company’s retained earnings and distributable reserves are considered when determining dividend amounts[179] Employee and Management Structure - As of March 31, 2022, the Group had a total of 394 full-time employees, including staff in Hong Kong and overseas subsidiaries[61] - The headcount for the Electronic and Electrical Trading Business increased by approximately 6.1% to 331 full-time employees, while the Computer Business saw a decrease of approximately 7.8% to 47 employees[28] - The total number of executive directors and senior management receiving remuneration in the range of HK$500,001 to HK$1,000,000 is 2, while 11 individuals earn below HK$500,000, totaling 13 persons[162] Audit and Compliance - The consolidated financial statements for the year ended March 31, 2022, were audited by HLB Hodgson Impey Cheng Limited, with a recommendation for re-appointment at the upcoming annual general meeting[188] - The auditors' remuneration for the year ended March 31, 2022, totaled HK$1,120,000, comprising HK$900,000 for audit services and HK$220,000 for non-audit services[192] - All members of the Audit Committee are Independent Non-Executive Directors (INEDs), ensuring compliance with Listing Rules regarding professional qualifications[173]

Mobicon Group Limited 萬 保 剛 集 團 有 限 公 司 ( 股 份 編 號 Stock Code : 1213 ) 把 握 機 遇 Seize The Opportunity | --- | --- | --- | --- | --- | --- | --- | --- | --- | |--------|---------------|-------|-------|-------|-------|-------|----------------|-------| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | INTERIM REPORT | | | 商界展 | | | | | | | | | | | | ...

Annual Report 載 2020/2021 Mobicon Group Limited 萬 保 剛 集 團 有 限 公 司 (股份編號 Stock Code:1213) MOBICON 南非 侍續擴展 Continuous expansion in SOUTH AFRICA Enterprising Pragmatic Aspiring 商界展} caringcompan ong Council of Social 香港社會屋務聯會 | --- | --- | --- | |-------|------------------------------------------------|----------------------| | | | | | | | | | | CONTENTS 目錄 | | | | | | | | | | | 2 | Corporate Information | 公司資料 | | 4 | Group Structure | 集團架構 | | 5 | Financial Highlights | 財務摘要 | | 7 | CEO's Statement | 行政總裁報告 ...

Mobicon Group Limited 萬 保 剛 集 團 有 限 公 司 ( 股 份 編 號 Stock Code : 1213 ) EPS 漫 ess Amidst The Pandemic 商界展開懷 caring company and of the state of the states of the states 2020/2021 INTERIM REPORT CONTENT 目錄 Corporate Information 2 公司資料 Financial Highlights 4 財務摘要 Report of the Directors 5 董事會報告 Management Discussion and Analysis 11 管理層討論及分析 Condensed Consolidated Interim Statement of Profit or Loss 18 簡明綜合中期損益表 Condensed Consolidated Interim Statement of Comprehensive Income 19 簡明綜合中期全面收益表 Condensed Consolidated ...

Annual Report ﷺ 2019/2020 Mobicon Group Limited 萬 保 剛 集 團 有 限 公 司 (股份编號 Stock Code:1213) 疫後再出發 Start Again After Epidemic 商界展開 caringcompany ore Council of Sccial Screen Screen Screen Screen School Schillers Council of Score Scor MOBIC Enterprising - Pragmatic - Aspiring CONTENTS目錄 | --- | --- | --- | |-------|------------------------------------------------|----------------------| | | | | | 2 | Corporate Information | 公司資料 | | 4 | Group Structure | 集團架構 | | 5 | Financial Highlights | 財務摘要 | | 7 | CEO's Sta ...

Mobicon Group Limited 萬 保 剛 集 團 有 限 公 司 ( 股 份 編 號 Stock Code : 1213 ) Enterprising 商界展网 caringcompany ong Council of Social Service 香港社會服務聯會通販 2019/2 INTERIM CONTENT 目錄 Corporate Information 2 公司資料 Financial Highlights 4 財務摘要 Report of the Directors 5 董事會報告 Management Discussion and Analysis 10 管理層討論及分析 Condensed Consolidated Interim Statement of Profit or Loss 17 簡明綜合中期損益表 Condensed Consolidated Interim Statement of Comprehensive Income 18 簡明綜合中期全面收益表 Condensed Consolidated Interim Statement of Financial P ...

Annual Report ﷺ 2018/2019 Mobicon Group Limited 萬 保 剛 集 團 有 限 公 司 (股份編號 Stock Code:1213) pansion to Africa & Portugal 商界展隊 caringcompany lorg Council of Social S Enterprising - Pragmatic - Aspiring CONTENTS目錄 | --- | --- | --- | |-------|------------------------------------------------|----------------------| | | | | | 2 | Corporate Information | 公司資料 | | 4 | Group Structure | 集團架構 | | 5 | Financial Highlights | 財務摘要 | | 7 | CEO's Statement | 行政總裁報告 | | 11 | Management Discussion and Analysis | 管理層討論及分析 | | ...