LEGEND STRAT(01355)

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朸浚国际(01355) - 2023 - 中期财报
2023-09-22 09:01
Revenue Performance - For the six months ended June 30, 2023, the revenue from accommodation operations was HK$29,423,000, representing an increase of approximately 15.67% compared to the same period last year[16]. - Revenue for the six months ended June 30, 2023, was HK$30,524,000, a decrease of 4.1% from HK$31,842,000 in the same period of 2022[120]. - Total revenue from contracts with customers for the first half of 2023 was HK$30,524,000, a decline of 4.1% compared to HK$31,842,000 in 2022[166]. - Revenue from accommodation consultation services decreased significantly to HK$1,101,000, down 82.8% from HK$6,404,000 in the same period last year[166]. - Other income for the six months ended June 30, 2023, was HK$443,000, a decrease of 72.0% from HK$1,581,000 in 2022[167]. Operational Improvements - The increase in revenue was primarily driven by the accelerated recovery of various industries and the stabilization of the tourism market, with cross-province travel frequency returning to pre-pandemic levels[16]. - The Group is enhancing its core competitiveness by adjusting business strategies and expanding personalized accommodation products and management services[13]. - A series of operation improvement schemes are being adopted, such as enhancing accommodation ancillary facilities and staff performance programs[17]. - The Group is focused on controlling back office expenses and maintaining cost-saving measures to lower corporate expenses[18]. - The Group aims to achieve performance growth by optimizing member benefits and enhancing customer experience and efficiency[13]. Branch Performance - The Huizhou Branch is expected to benefit from the increasing number of guests due to the recovery of cross-border traffic and the government's commitment to the Greater Bay Area development[23]. - The Nanshan Branch has seen an increase in revenue compared to the same period last year, driven by improved consumer sentiment and demand for commercial activities[28]. - The Baoan Branch has experienced a continuous improvement in occupancy rates due to recent renovations and the rebound in the tourism industry[30]. - The Chengdu Branch is strategically located near Tianfu Square, which is a key economic and cultural hub, and is expected to generate stable income in the future[36]. - The overall recovery of the tourism market is positively impacting the Group's branches, leading to improved operational results across locations[36]. Financial Position - The Group achieved a total comprehensive loss of HK$8,053,000 for the six months ended June 30, 2023, representing a decrease of approximately 42.57% from HK$14,023,000 in the previous year[51]. - The Group incurred a net loss of HK$7,818,000 for the six months ended 30 June 2023[115]. - As of 30 June 2023, the Group had net current liabilities of HK$62,684,000 and net liabilities of HK$28,927,000[115]. - The Group's accumulated losses increased to HK$280,980,000 as of 30 June 2023, compared to HK$275,632,000 at the beginning of the year[138]. - The Group's total equity attributable to owners of the Company decreased to HK$4,024,000 as of 30 June 2023, down from HK$2,178,000 at the beginning of the year[138]. Cost Management - Total operating costs decreased by HK$8,025,000, or approximately 18.76%, from HK$42,769,000 in the corresponding period last year to HK$34,744,000 for the six months ended 30 June 2023[59]. - Employee benefit expenses decreased by HK$590,000 or approximately 5.17% due to effective employee management plans[60]. - Other operating expenses decreased by HK$5,941,000 or approximately 44.71% due to one-off expenses from early contract terminations in the prior period[61]. - Finance costs decreased by HK$550,000 to HK$3,531,000 compared to the six months ended 30 June 2022, mainly due to repayment of lease liabilities[64]. Future Outlook - The hotel business is expected to gradually improve, although it remains affected by the unstable Chinese and global economy and geopolitical situations[13]. - The Group plans to expand property facilities management services to residential property management to optimize its business portfolio and increase revenue sources[46]. - The Group is committed to sustainable and high-quality development through management strengthening and cost control measures[13]. - The Group's management is focused on making further investments in accommodation operations only when sufficient financial resources are available after meeting working capital requirements[140]. Compliance and Governance - The Audit Committee reviewed the unaudited consolidated interim results for the six months ended June 30, 2023, with no disagreements noted regarding accounting treatments[97]. - The company has complied with the corporate governance code provisions throughout the six months ended June 30, 2023[93]. - The company has adopted the Model Code for Securities Transactions and confirmed compliance by all directors and relevant employees during the reporting period[96]. - The financial statements were prepared in accordance with Hong Kong Accounting Standard 34 "Interim Financial Reporting"[114].
朸浚国际(01355) - 2023 - 中期业绩
2023-08-31 10:01
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任何聲明,並明確表示概不就因本公告全 部或任何部分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。 截 至 二 零 二 三 年 六 月 三 十 日 止 六 個 月 期 間 之 業 績 公 告 朸濬國際集團控股有限公司(「本公司」)董事(「董事」)會(「董事會」)欣然宣佈本 公司及其附屬公司截至二零二三年六月三十日止六個月期間之未經審核綜合 財 務 業 績(「中 期 業 績」)。本 公 告 載 列 本 公 司 截 至 二 零 二 三 年 六 月 三 十 日 止 六 個月期間之中期報告(「中期報告」)全文,有關內容乃根據香港聯合交易所有限 公司(「聯交所」)證券上市規則之相關規定而編製。中期業績已經董事會審核委 員會審閱。本公告將刊登於本公司網站(www.legend-strategy.com)及聯交所網站 (www.hkexnews.hk)。中期報告將寄發予本公司股東,屆時將亦可於上述網站查 閱。 承董事會命 朸濬國際集團控股有限公司 ...
朸浚国际(01355) - 2022 - 年度财报
2023-04-21 08:46
Financial Performance - The total operating income for 2022 amounted to HK$63,002,000, representing a decrease of 10.7% compared to the previous financial year[32]. - The Group's net loss for the year increased significantly to HK$17,647,000 due to rising operating and maintenance costs[32]. - In 2022, the company's total revenue was approximately HKD 63,002,000, representing a decline of 10.7% compared to the previous fiscal year[34]. - The annual net loss increased significantly to HKD 17,647,000 due to rising costs of raw materials and energy during the pandemic[34]. - The total comprehensive loss for the Year was HK$18,902,000, representing an increase of approximately 369% from HK$4,026,000 in the last financial year[70]. - Total operating costs increased by HK$8,896,000 or approximately 13.3% to HK$75,793,000 for the Year[76]. - Other operating expenses surged by HK$7,704,000 or approximately 64.3% due to one-off expenses from early termination of operator contracts[77]. - Finance costs decreased by HK$718,000 to HK$7,387,000, primarily due to repayment of lease liabilities[81]. - As of 31 December 2022, the Group had bank and cash balances of HK$2,434,000, down from HK$14,296,000 in the previous year[83]. - The Group was in a net current liabilities position of HK$61,339,000 as of 31 December 2022, with the Controlling Shareholder agreeing to provide ongoing financial support[84]. - The Group reported net current liabilities of HKD 61,339,000 and net debt of HKD 20,874,000 as of December 31, 2022[87]. Economic Context - China's GDP for 2022 reached RMB 121 trillion, reflecting a 3% increase from the previous year despite challenges in the real estate sector and weak consumption[15]. - The domestic economy is expected to increase by around 5% in 2023, driven by a recovery in economic vitality[22]. - China's GDP reached RMB121 trillion in 2022, increasing by 3% compared to the previous year[32]. - The Group anticipates a strong recovery in the tourist economy, with a tendency to stabilize and grow in 2023[22]. Business Strategy and Operations - The Group focused on improving brand, quality, and efficiency through innovation while maintaining a balance between pandemic control and business operations[16]. - The management implemented prudent financial management and cost control measures to enhance business performance during challenging conditions[16]. - The Group continued to expand its accommodation consultations and property facilities management services to optimize its business portfolio and increase revenue[16]. - The Group will focus on expanding accommodation projects and providing personalized services, including hostels and elderly apartments[26]. - The Group aims to enhance its operational performance by optimizing its organizational structure and management capabilities[32]. - The Group plans to explore investment opportunities in high-growth potential business areas, including property facility management[26]. - The company is actively seeking investment and business development opportunities to expand its market share[39]. - The company is optimizing staffing and controlling labor costs to enhance core competitiveness and reduce corporate expenses[40]. - The company is adjusting its product offerings to align with new consumer behaviors post-pandemic, such as work-cation and leisure travel[34]. Branch Performance - The Nanshan Branch reported a decrease in operating income despite a recovery in the domestic tourism market, influenced by changing pandemic control policies[48]. - The Huizhou Branch is expected to benefit from the recovery of the tourism industry and the government's commitment to the Greater Bay Area development[43]. - The Baoan Branch has a total GFA of approximately 1,700 sq.m, comprising 46 rooms, located in a prime area of Baoan District, Shenzhen[49]. - Despite improvements in accommodation hardware and software, the annual results of Baoan Branch declined significantly due to the pandemic[50]. - Chengdu Branch, opened in the first half of 2021, faced significant business impacts from the pandemic but is expected to generate stable income as local economic activities recover[56]. - Wuhan Branch, with a GFA of approximately 9,000 sq.m and 120 guest rooms, reported unsatisfactory operating results due to the pandemic but anticipates a rebound in tourism demand[61]. - The Chengdu Branch is strategically located near major tourist attractions and transportation hubs, which is expected to boost its future performance[55]. - The company plans to strengthen management in operation upgrades, revenue marketing, and cost reduction to improve the performance of Wuhan Branch[61]. Corporate Governance - The Company has a strong governance structure with a mix of executive and independent non-executive Directors[121][122]. - The Company is committed to maintaining high standards of corporate governance and transparency in its operations[126]. - The Board comprises six Directors, including the Chief Executive Officer and various non-executive and independent non-executive Directors[141]. - The Board meets regularly to review financial and operational performance, as well as to approve overall strategies and policies[142]. - The Group adopted the Model Code for Securities Transactions, ensuring compliance with securities transaction regulations throughout the year[135]. - The Company complied with the Corporate Governance Code, with certain deviations explained and justified[133]. - The Board has three committees: audit, remuneration, and nomination, each performing distinct roles to assist in governance[134]. - The Company will continue to review its corporate governance practices to ensure compliance with legal and commercial standards[148]. Leadership and Management - The Company had a change in leadership with Mr. Chung Tin Yan becoming the Chief Executive Officer effective from November 3, 2022, succeeding Mr. Chen Wu[166]. - The Board consists of three independent non-executive Directors, with at least one possessing appropriate financial management expertise, in compliance with Listing Rules[157]. - The roles of Chairman and Chief Executive Officer are separated to ensure a clear division of responsibilities and prevent concentration of power[165]. - The management is responsible for day-to-day operations and implementing strategies approved by the Board[145]. - Directors are provided with independent professional advice when necessary, at the Company's expense[158]. Diversity and Inclusion - The company recognizes the importance of gender diversity and is committed to achieving gender parity in senior management roles over time[186]. - The Board Diversity Policy aims to ensure at least one female member on the Board by December 2024, following the resignation of Ms. Li Zhou[182]. - The Board has adopted a board diversity policy to enhance diversity through various perspectives, including gender and professional experience[174]. - The company continues to consider gender diversity in recruitment processes to balance gender proportions at all levels[186].
朸浚国际(01355) - 2022 - 年度业绩
2023-03-30 04:00
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任何聲明,並明確表示概不就因本公告全 部或任何部分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。 截 至 二 零 二 二 年 十 二 月 三 十 一 日 止 年 度 之 業 績 公 告 朸濬國際集團控股有限公司(「本公司」)董事(「董事」)會(「董事會」)欣然宣佈本 公司及其附屬公司截至二零二二年十二月三十一日止年度之經審核綜合財務 業 績(「全 年 業 績」)。本 公 告 載 列 本 公 司 截 至 二 零 二 二 年 十 二 月 三 十 一 日 止 年 度之年度報告(「年報」)全文,年報乃根據香港聯合交易所有限公司(「聯交所」) 證 券 上 市 規 則 適 用 於 涵 蓋 截 至 二 零 二 二 年 十 二 月 三 十 一 日 止 財 政 年 度 之 初 步年度業績公告及年報之相關內容規定而編製。全年業績已由董事會審核委 員會審閱。本公告將刊登於本公司網站(www.legend-strategy.com)及聯交所網站 (www.hkexnews.hk)。年報將寄發予本公司股東,屆時將亦可於上述網站 ...
朸浚国际(01355) - 2022 - 年度业绩
2023-03-29 14:25
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任何聲明,並明確表示概不就因本公告全 部或任何部分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。 截 至 二 零 二 二 年 十 二 月 三 十 一 日 止 年 度 之 業 績 公 告 朸濬國際集團控股有限公司(「本公司」)董事(「董事」)會(「董事會」)欣然宣佈本 公司及其附屬公司截至二零二二年十二月三十一日止年度之經審核綜合財務 業 績(「全 年 業 績」)。本 公 告 載 列 本 公 司 截 至 二 零 二 二 年 十 二 月 三 十 一 日 止 年 度之年度報告(「年報」)全文,年報乃根據香港聯合交易所有限公司(「聯交所」) 證 券 上 市 規 則 適 用 於 涵 蓋 截 至 二 零 二 二 年 十 二 月 三 十 一 日 止 財 政 年 度 之 初 步年度業績公告及年報之相關內容規定而編製。全年業績已由董事會審核委 員會審閱。本公告將刊登於本公司網站(www.legend-strategy.com)及聯交所網站 (www.hkexnews.hk)。年報將寄發予本公司股東,屆時將亦可於上述網站 ...