此合约标志着碧瑶的服务版图，成功由陆地策略性拓展至海洋，为集团业务发展的重要里程碑，进一步 巩固其在香港综合环境服务市场的领导地位。 根据合约，碧瑶将自2025年10月1日起，于香港东部水域(包括但不限于维多利亚港、中环、上环、铜锣 湾、尖沙咀、油麻地、长沙湾、筲箕湾、观塘、西贡、吐露港及大埔等地区)提供全面的海上清洁及船 只生活垃圾收集服务。 格隆汇7月2日丨碧瑶绿色集团(01397.HK)宣布，集团成功中标香港特别行政区政府("政府")海事处一份 为期三年总值港币约1.5亿的「香港东部水域海上垃圾清理及处理服务」合约。 获得此合约，代表市场充份肯定碧瑶成立45年来的卓越表现。本集团将其陆上废物管理的专业标准与营 运效率无缝延伸至海上，致力守护香港珍贵的海洋生态环境，为市民及全球旅客呈现一个更洁净、更美 丽的维多利亚港。维多利亚港不仅是香港作为国际大都会的标志，亦是政府推动盛事经济的核心舞台。 多项国际盛事，如烟花汇演、无人机表演及香港国际龙舟邀请赛等，均于维港举行。集团将透过其专业 服务，为合约涵盖的维多利亚港各项盛事提供关键的环境支持，进一步提升香港的国际形象。 集团将持续推动绿色科技创新，积极探索更高 ...

Green Technology and Sustainability - The company reported a significant focus on green technology, with products like smart recycling machines and food waste processors rapidly expanding across Hong Kong, contributing to business growth[8] - The company is positioned to benefit from the government's sustainable development policies, aiming for "zero waste" by 2035 and "carbon neutrality" by 2050, which will enhance recycling opportunities[9] - The company has established a leadership position in promoting green technology transformation and sustainable development through its successful green technology business[8] - The company is actively involved in the government's initiatives to improve environmental hygiene and contribute to the sustainable development of Hong Kong[14] - The company emphasizes sustainable development as a key component of its business operations and plans to publish an independent sustainability report by April 2025[69] - The company has a strong commitment to ESG initiatives, with dedicated leadership in place to develop comprehensive ESG solutions and promote sustainable practices[64] Financial Performance - The company's revenue for the year was approximately HKD 2,603.1 million, an increase of about 11.8% compared to HKD 2,327.5 million in the previous year[19] - Net profit for the year was approximately HKD 56.5 million, reflecting a year-on-year increase of about 17.3%[19] - The cleaning segment generated revenue of approximately HKD 2,086.8 million, accounting for about 80.1% of total revenue, with a growth of 14.2% compared to the previous year[21] - Waste management and recycling business recorded revenue growth of approximately 2.5%, reaching about HKD 285.8 million, representing 11.0% of total revenue[21] - The gross profit for the waste management and recycling segment increased significantly by approximately 58.2% to about HKD 33.5 million, benefiting from government initiatives to expand recycling points[19] - The overall gross profit decreased from approximately HKD 206.1 million to HKD 188.4 million, with the gross profit margin declining from about 8.9% to 7.2%[24] - The group achieved a net profit attributable to equity shareholders of approximately HKD 53.9 million, an increase of about 14.3% from HKD 47.1 million in the previous year[42] Market Expansion and Business Strategy - The company aims to increase its market share in core businesses while exploring mergers, joint ventures, and new business opportunities to drive growth and create long-term value for shareholders[11] - The company is committed to expanding its operations in both Hong Kong and international markets, aiming for strategic development to drive high-speed growth[11] - The group plans to expand its market presence in Hong Kong and internationally while exploring mergers, joint ventures, and new business opportunities[31] - The company is diversifying its customer base to reduce reliance on a few key clients and is actively targeting new markets or developing new services[187] - A planned acquisition of a property management company in Hong Kong was disclosed, aimed at expanding market presence[187] Governance and Management - The company has a diverse board with members holding advanced degrees and professional qualifications in finance, management, and engineering, enhancing its governance and strategic direction[58][59] - The company maintains a high standard of corporate governance to protect shareholder interests and enhance corporate value[130] - The board consists of six members, including three executive directors and three independent non-executive directors, ensuring a balance of power and responsibilities[143] - The independent non-executive directors provide independent judgment and advice on the overall management of the company[148] - The company has complied with the corporate governance code throughout the year, ensuring transparency and accountability[138] Risk Management - The risk management framework, established in 2016, aims to systematically identify, assess, and mitigate risks across all business areas, ensuring compliance with regulatory requirements[181] - The audit committee has reviewed the effectiveness of the risk management and internal control systems, confirming their adequacy and effectiveness[182] - New risks identified include increased focus on health and safety, the rise of automation and smart cleaning technologies, and labor shortages leading to higher labor costs[186] - The company plans to enhance its internal control review process by hiring an independent professional firm starting from the fiscal year 2025[183] - The company conducts thorough risk assessments before making significant investments and allocates emergency funds to address unexpected financial challenges[187] Human Resources and Employee Management - The company emphasizes the importance of human resources management, with Mr. He Cheng Fai appointed as the Human Resources Director in August 2020, overseeing talent management and employee relations[61] - The company has a gender diversity ratio of 41.9% male to 58.1% female among its employees as of December 31, 2024[156] - The remuneration committee reviews the remuneration policy and structure for all directors and senior management based on the group's operational performance and individual performance[102] - The company emphasizes fair market-level compensation to attract and retain talented employees[160] Shareholder and Dividend Information - The company reported a proposed final dividend of HKD 0.038 per ordinary share, totaling approximately HKD 15.8 million, to be paid on or around July 7, 2025[71] - As of December 31, 2024, the company's distributable reserves amounted to approximately HKD 101.3 million, with HKD 15.8 million earmarked for the proposed final dividend[77] - The company maintains a dividend policy aimed at balancing dividend distribution with sufficient liquidity and reserves for operational needs and future growth opportunities[72] Compliance and Audit - The audit committee is responsible for maintaining appropriate relationships with external auditors and reporting significant risks and compliance issues to the board[166] - The audit services provided by KPMG amounted to approximately HKD 1.7 million for the year[198] - The Audit Committee recommended the reappointment of KPMG as the external auditor for the year 2025, pending shareholder approval at the annual general meeting[169]

Financial Performance - The company's revenue for the year ended December 31, 2024, was approximately HKD 2,603.1 million, an increase of about 11.8% compared to HKD 2,327.5 million in 2023[4] - The gross profit for the year was approximately HKD 188.4 million, a decrease of about 8.6% from HKD 206.1 million in 2023, resulting in a gross margin reduction of 1.7 percentage points to approximately 7.2%[11] - The profit attributable to equity shareholders was approximately HKD 53.9 million, representing an increase of about 14.3% from HKD 47.1 million in 2023[11] - The operating profit for the year was approximately HKD 76.4 million, slightly up from HKD 76.3 million in 2023[37] - The total comprehensive income for the year was approximately HKD 58.1 million, compared to HKD 49.4 million in 2023[38] - The company reported a pre-tax profit of HKD 65,826,000 for the year ending December 31, 2024, compared to HKD 62,552,000 in 2023, marking an increase of about 3.6%[52][54] - The company reported a pre-tax profit of HKD 2,126,812,000 for 2024, an increase from HKD 1,856,452,000 in 2023[63] Dividends and Earnings - The board proposed a final dividend of HKD 0.038 per share, totaling HKD 15,770,000, compared to HKD 14,110,000 in 2023[12] - The proposed final dividend per ordinary share for 2024 is HKD 0.038, an increase from HKD 0.034 in 2023, representing a growth of about 11.8%[68] - Basic earnings per share for the year ended December 31, 2024, is HKD 0.129, up from HKD 0.113 in 2023, indicating an increase of approximately 14.2%[70] Revenue Segmentation - The cleaning segment, as the core business, recorded a revenue increase of 14.2% to approximately HKD 2,086.8 million, accounting for about 80.1% of total revenue[6] - Waste management and recycling business revenue increased by approximately 2.5% to about HKD 285.8 million, representing about 11.0% of total revenue[7] - The cleaning segment generated revenue of HKD 2,086,742,000 in 2024, up from HKD 1,827,343,000 in 2023, reflecting a growth of 14.1%[59] - Major clients contributed HKD 1,608,884,000 in revenue, with Client A contributing HKD 1,307,145,000 and Client B contributing HKD 301,739,000 in 2024[58] Cost Management - The overall gross profit decreased to approximately HKD 188.4 million, down 8.6% from HKD 206.1 million in the previous year, resulting in a gross margin of 7.2%[22][23] - The waste management and recycling segment's profit margin improved significantly from 7.6% to 11.6%, driven by effective cost control measures[15] - Administrative expenses decreased by approximately 7.3% to HKD 119.3 million, accounting for about 4.6% of total revenue[26] Assets and Liabilities - The company's total assets and total liabilities as of December 31, 2024, were approximately HKD 725.5 million and HKD 543.0 million, respectively, resulting in a current ratio of approximately 1.3 times[30] - The company's bank borrowings as of December 31, 2024, were approximately HKD 80.8 million, a decrease of about 55.8% from HKD 182.7 million in 2023[31] - The total liabilities decreased from HKD 65,742,000 in 2023 to HKD 54,828,000 in 2024, a reduction of approximately 16.6%[40] - The company's equity attributable to shareholders rose to HKD 411,569,000 in 2024, up from HKD 370,191,000 in 2023, representing an increase of about 11.2%[40] Operational Developments - The company has successfully launched a one-stop smart recycling system, integrating smart digital technology, big data analysis, and IoT technology[9] - The company won two smart contracts from the Environmental Protection Department, highlighting its innovation and market leadership in green technology[10] - The company continues to expand its gardening services and has secured new contracts in various sectors, including private residences and government institutions[10] - The company has existing contracts valued at approximately HKD 3,887.5 million, with about HKD 2,288.6 million expected to be recognized by the end of 2025[16][18] Future Outlook - The company aims to expand its market presence both locally and internationally while exploring mergers, joint ventures, and new business opportunities[18] - The group has entered into a letter of intent for a potential acquisition of a company engaged in property management in Hong Kong[75] Taxation and Government Support - The current tax provision for Hong Kong profits tax for 2024 is HKD 14,330,000, a decrease from HKD 15,678,000 in 2023, reflecting a reduction of approximately 8.6%[9] - The group has received a tax reduction from the Hong Kong SAR government for the 2023/24 tax year, with a cap of HKD 3,000, compared to HKD 6,000 in the previous year[65] Miscellaneous - The company did not engage in any sale-and-leaseback transactions, thus the recent accounting standards revisions had no significant impact on its financial statements[47] - The annual report will be published on the Hong Kong Stock Exchange website and the company's website[83] - The board of directors includes executive directors and independent non-executive directors[84]

Financial Performance - Total revenue for the six months ended June 30, 2024, was approximately HKD 1,291.1 million, an increase of 16.6% compared to the same period last year[4] - The gross profit increased by approximately 12.4% to about HKD 97.1 million, with a gross margin improvement driven by new cleaning service contracts[6] - The operating profit for the period was approximately HKD 37.2 million, reflecting a growth of 16.8% compared to the previous year[4] - Profit attributable to equity shareholders was approximately HKD 24.3 million, an increase of 11.2% year-on-year[4] - The company reported a basic earnings per share of HKD 5.85, up from HKD 5.26 in the previous year[4] - The overall service cost increased by 17.0% to HKD 1,194.1 million, reflecting the expansion of operations[4] - The group's total revenue for the first half of 2024 was approximately HKD 1,291.1 million, representing a 16.6% increase compared to HKD 1,106.9 million in the same period last year[10] - The overall gross profit rose from approximately HKD 86.4 million to HKD 97.1 million, despite a slight decrease in gross margin from 7.8% to 7.5%[12] - The net profit attributable to equity shareholders for the period was HKD 25,765,000, compared to HKD 21,741,000 in 2023, reflecting a growth of 18.5%[35] Revenue Segmentation - Cleaning services, the core business of the company, generated revenue of approximately HKD 1,034.9 million, representing a 20.1% increase and accounting for about 80.2% of total revenue[6] - Waste management and recycling revenue increased by approximately 7.4% to HKD 147.3 million, contributing 11.4% to total revenue[10] - The gardening segment's revenue increased by 15.8% to HKD 71.1 million, accounting for 5.5% of total revenue[10] - The pest management segment experienced a decline in revenue by 19.2% to HKD 37.8 million, representing 2.9% of total revenue[10] Government Initiatives and Market Opportunities - The government is enhancing recycling initiatives, including the installation of smart food waste recycling machines, which is expected to boost the company's recycling business[6] - The company is positioned to benefit from the government's long-term waste reduction and recycling goals, aligning with its business strategy[6] - The company anticipates continued growth in its core businesses despite the government's delay in implementing waste charging policies[6] - The government is providing comprehensive financial support for the installation of food waste recycling machines in private estates, creating substantial market demand for the company's food waste recycling machines and related smart technology[19] - The company aims to assist Hong Kong in achieving its "zero waste to landfill" goal by 2035 through various recycling services, including food waste collection[19] Operational Expansion and Contracts - The group has a total of HKD 4,598.6 million in existing contracts, with HKD 1,301.5 million expected to be recognized by the end of 2024[13] - The company secured new contracts totaling HKD 1.48 billion in the first half of 2024, increasing its backlog from approximately HKD 4.43 billion to about HKD 4.60 billion, representing a growth of approximately 3.8%[19] - The group is expanding its smart recycling systems and plans to increase market share in smart waste collection technologies[12] - The biochar factory in Tuen Mun has commenced trial operations, converting garden waste into high-quality biochar[12] Employee and Administrative Costs - The total employee cost for the six months was approximately HKD 1,057,300,000, up from HKD 899,000,000 in the same period last year, indicating a 17.6% increase[34] - Administrative expenses increased by approximately 8.8% to HKD 61.5 million, representing about 4.8% of total revenue, due to rising employee wages and office costs[26] Cash Flow and Financial Position - The net cash generated from operating activities was approximately HKD 145.8 million, up from HKD 111.0 million in the first half of 2023[29] - As of June 30, 2024, the group had cash and bank balances of approximately HKD 76.3 million, an increase of about 84.3% from HKD 41.4 million at the end of 2023[29] - The total comprehensive income for the six months ended June 30, 2024, was HKD 21,734,000, compared to HKD 21,628,000 for the same period in 2023, showing a slight increase[38] - The company reported a net cash outflow from investing activities of HKD 8,163,000 for the six months ended June 30, 2024, compared to HKD 36,937,000 in the previous year, indicating a significant reduction in cash used for investments[40] Shareholder Information and Corporate Governance - The company has maintained high standards of corporate governance and complied with all applicable code provisions during the reporting period[114] - The company has a stock option plan that allows for the issuance of up to 40,000,000 shares, representing 10% of the issued shares at the time of listing[93] - The company confirms that the stock option plan complies with the listing rules[91] - The company has not purchased, sold, or redeemed any of its listed securities during the reporting period[114] - The Audit Committee, composed of three independent non-executive directors, is responsible for reviewing the group's financial reporting procedures and risk management systems[115]

Revenue and Profit - Revenue for the six months ended June 30, 2024, was approximately HKD 1,291.1 million, an increase of 16.6% compared to the same period last year[1]. - Profit for the period was approximately HKD 25.8 million, reflecting an increase of 18.5% year-on-year[3]. - Gross profit increased by approximately 12.4% to about HKD 97.1 million[3]. - The cleaning business, as the core operation, recorded a revenue increase of 20.1% to approximately HKD 1,034.9 million, accounting for about 80.2% of total revenue[3]. - Waste management and recycling business revenue grew by approximately 7.4% to about HKD 147.3 million, representing about 11.4% of total revenue[3]. - The gross profit from waste management and recycling increased by approximately 60.7% to about HKD 19.2 million, driven by the "Plastic Recycling Pilot Program" and increased government contracts[3]. - The overall gross profit increased from approximately HKD 86.4 million to HKD 97.1 million, marking a 12.4% rise[14]. - Operating profit for the period was approximately HKD 37.2 million, compared to HKD 31.8 million in the previous year[31]. - Profit attributable to equity shareholders for the six months ended June 30, 2024, was approximately HKD 24.3 million, an increase of about 11.2% from HKD 21.8 million in 2023[20]. - The company’s total comprehensive income for the period was HKD 20,240,000, compared to HKD 21,734,000 in the previous year, reflecting a decrease of 6.9%[36]. Financial Position - The current ratio as of June 30, 2024, was approximately 1.3 times, up from 1.2 times as of December 31, 2023, indicating a healthy liquidity position[22]. - Total liabilities to total assets ratio was approximately 0.4 times as of June 30, 2024, down from 0.6 times as of December 31, 2023[23]. - The company employed 10,380 staff as of June 30, 2024, with total employee costs amounting to approximately HKD 1,057.3 million, compared to HKD 899.0 million for the same period in 2023[30]. - The company's total assets as of June 30, 2024, were HKD 977,372,000, a decrease from HKD 1,011,393,000 as of December 31, 2023[44]. - The total liabilities as of June 30, 2024, were HKD 600,047,000, compared to HKD 641,692,000 as of December 31, 2023[44]. - The net current assets increased to HKD 134,537,000 from HKD 108,038,000, an increase of 24.6%[34]. - The company's total liabilities decreased to HKD 534,263,000 from HKD 575,950,000, a reduction of 7.3%[34]. Cash Flow and Expenses - Cash generated from operating activities for the period was approximately HKD 145.8 million, compared to HKD 111.0 million in the first half of 2023, with available cash and bank balances increasing by approximately 84.3% to HKD 76.3 million[22]. - Financial costs for the same period were approximately HKD 5.7 million, up from HKD 5.3 million, accounting for about 0.4% and 0.5% of total revenue respectively, primarily due to increased bank borrowing rates[19]. - Administrative expenses for the six months ended June 30, 2024, were approximately HKD 61.5 million, an increase of about 8.8% compared to HKD 56.5 million for the same period in 2023, representing approximately 4.8% and 5.1% of total revenue respectively[18]. - The cash flow used in investing activities was HKD (8,163,000), significantly improved from HKD (36,937,000) in the previous year, indicating a reduction in cash outflow by 77.9%[37]. Market and Business Development - The group is expanding its smart recycling systems and plans to increase the market share of smart recycling machines and smart food waste recycling machines[4]. - A biochar factory in collaboration with Jardine Matheson has commenced trial operations, converting landscaping waste into high-quality biochar[4]. - The company plans to expand its market share and explore potential mergers and acquisitions to accelerate future growth[11]. - The government is promoting a new recycling initiative expected to significantly increase the recycling rates of plastic beverage containers and paper drink boxes, benefiting the company's recycling operations[10]. Shareholder Information - The company declared an interim dividend of HKD 0.034 per share for the six months ended June 30, 2024, down from HKD 0.038 per share in the same period of 2023, which is a decrease of about 10.5%[50]. - Basic and diluted earnings per share for the period were 5.85 HKD cents, up from 5.26 HKD cents in 2023[33]. - The basic earnings per share for the six months ended June 30, 2024, was HKD 0.0585, compared to HKD 0.0525 for the same period in 2023, reflecting a growth of around 11.4%[51].

Market Leadership and Growth - The company has become a market leader in Hong Kong's clean, circular recycling, waste management, green technology, pest control, and gardening sectors after 44 years of operation[7]. - The Hong Kong government aims to achieve carbon neutrality by 2050 and has set a mid-term target to reduce carbon emissions by 50% from 2005 levels by 2035, which will drive growth in recycling and green technology businesses[8]. - The "Northern Metropolis" development is projected to create approximately 500,000 new housing units and jobs, generating strong demand for the company's core services[12]. - The company is actively considering suitable mergers, joint ventures, or new business projects to strategically expand its market presence both locally and internationally[13]. - The company is a leader in the food waste collection market, providing services in Kowloon and New Territories West, contributing to its growth in the recycling sector[19]. Financial Performance - The company's revenue for the year was approximately HKD 2,327.5 million, an increase of about 29.8% compared to HKD 1,793.1 million in 2022[24]. - The cleaning segment generated revenue of HKD 1,827.3 million, accounting for 78.5% of total revenue, with a year-on-year growth of 37.3%[26]. - The waste management and recycling segment reported revenue of HKD 278.9 million, representing 12.0% of total revenue, with a growth of 14.7%[26]. - The gross profit increased by approximately 36.5% to about HKD 206.1 million, with a gross profit margin of 8.9%, up 0.5 percentage points from 8.4% in 2022[24]. - The group secured new contracts worth approximately HKD 3.1 billion in 2023, increasing the total contract value on hand from HKD 3.59 billion at the end of 2022 to approximately HKD 4.43 billion, representing a growth of about 23.3%[40]. Operational Efficiency and Technology - The implementation of the "Waste Charging" policy on August 1, 2024, is expected to significantly enhance the quality and quantity of recyclables, providing growth momentum for the company's recycling and green technology operations[9]. - The company has introduced various digital and automated technology solutions, enhancing management capabilities and operational efficiency, with green technology products becoming a key growth engine[11]. - The company has secured contracts for smart recycling machines and a big data analysis platform, enhancing its green technology business[21]. Dividends and Shareholder Returns - The company proposed a final dividend of HKD 0.034 per share, totaling HKD 14.11 million, down from HKD 15.77 million in 2022[25]. - The board aims to provide returns to shareholders while maintaining adequate reserves for future development[92]. - The company’s financial performance and overall financial condition will be considered when recommending or declaring dividends[94]. Corporate Governance and Management - The company emphasizes the importance of compliance and risk management in its operations, reflecting a commitment to corporate governance[80]. - The company has a strong focus on strategic human resource management, as evidenced by the qualifications of its HR manager[82]. - The board includes members with extensive academic and professional backgrounds, enhancing the company's strategic direction[73]. - The company has maintained compliance with the corporate governance code throughout the year[157]. - The board consists of six members, including three executive directors and three independent non-executive directors, ensuring a balanced governance structure[170]. Sustainability and Social Responsibility - The company emphasizes sustainable development as a key component of its business operations, planning to publish an independent sustainability report in April 2024[90]. - The company is committed to sustainable development and innovation in its operations[78]. - The group received multiple awards in 2023, recognizing its commitment to sustainability and excellence in service[34]. Employee and Workforce Development - As of December 31, 2023, the group employed 10,229 staff, an increase from 8,894 staff in 2022, reflecting a growth of approximately 15%[65]. - The company emphasizes fair, open, and just principles in all employment practices, promoting equal opportunities[184]. - The remuneration policy aims to provide competitive market-level salaries to attract and retain talented employees, based on individual performance and company profitability[189]. Challenges and Market Conditions - The pest management market faces challenges due to high service level demands and intense competition, impacting new contract bidding outcomes[29]. - The group's administrative expenses increased by approximately 27.6% to HKD 128.7 million, accounting for about 5.5% of total revenue[51]. - The group’s net profit attributable to equity shareholders decreased by approximately 12.3% to HKD 47.1 million from HKD 53.7 million in the previous year[53].

Revenue and Profitability - For the year ended December 31, 2023, the revenue was approximately HKD 2,327.5 million, an increase of about 29.8% compared to HKD 1,793.1 million in 2022[2] - The gross profit for the same period was approximately HKD 206.1 million, reflecting a growth of about 36.5% from HKD 151.0 million in 2022[2] - The profit attributable to equity shareholders was approximately HKD 47.1 million, a decrease of about 12.3% from HKD 53.7 million in 2022[2] - The group's revenue for the year was approximately HKD 2,327.5 million, an increase of about 29.8% compared to HKD 1,793.1 million in 2022[27] - Gross profit rose approximately 36.5% to about HKD 206.1 million, with a gross profit margin increase of 0.5 percentage points to approximately 8.9%[27] - The group’s pre-tax profit for the year ended December 31, 2023, was HKD 65,158,000, compared to HKD 29,760,000 in 2022, indicating a substantial increase[133] - The company reported a net profit attributable to equity shareholders of approximately HKD 47.1 million for 2023, a decrease of about 12.3% from HKD 53.7 million in 2022[74] Segment Performance - The cleaning services segment recorded a revenue increase of 37.3%, reaching approximately HKD 1.83 billion, which accounted for about 78.5% of the total revenue[21] - The waste management and recycling segment's revenue increased by approximately 14.7%, with profit margin improving from about 0.4% to 7.6% due to effective cost control measures[14] - The waste management and recycling segment reported revenue of HKD 278.9 million, a growth of 14.7% from HKD 243.2 million[57] - The clean services segment generated revenue of HKD 1,827,343,000, which is a 37.3% increase from HKD 1,330,697,000 in 2022[162] - The waste management and recycling services segment reported revenue of HKD 276,983,000, up from HKD 207,209,000, marking a growth of approximately 33.6%[162] Contracts and Business Development - The company secured new contracts worth approximately HKD 3.1 billion in 2023, increasing the total value of contracts on hand from approximately HKD 3.59 billion to about HKD 4.43 billion, a growth of about 23.3%[17] - The company has approximately HKD 4,430.8 million in unexpired contracts as of December 31, 2023, with about HKD 2,238.0 million expected to be recognized by the end of 2024[16] - The company won contracts to provide smart food waste recycling machines and maintenance services for large private residential estates in early 2024[7] - The company plans to expand its food waste recycling machines to all public housing estates in Hong Kong by 2024, creating significant business opportunities[63] - The company is actively developing the private customer market through a one-stop service approach to enhance growth across core businesses[64] Financial Position - The group's current assets totaled approximately HKD 684.0 million, with a current ratio of about 1.2 times, indicating a healthy liquidity position[48] - The total cash and bank balances as of December 31, 2023, were approximately HKD 41.4 million, an increase of about 42.8% from HKD 29.0 million in 2022[75] - Current assets increased significantly from HKD 530,925 thousand in 2022 to HKD 683,988 thousand in 2023, representing an increase of about 29%[88] - Total liabilities increased from HKD 489,953 thousand in 2022 to HKD 575,950 thousand in 2023, marking an increase of about 17.6%[88] - The company's asset-liability ratio improved from 0.7 times in 2022 to 0.6 times in 2023[103] Employee and Operational Metrics - The number of employees increased from 8,894 in 2022 to 10,229 in 2023, reflecting a growth of approximately 15%[109] - The total employee costs, including director remuneration, increased to HKD 1,856,452,000 in 2023 from HKD 1,398,845,000 in 2022, representing a growth of approximately 32.7%[190] Government Regulations and Market Opportunities - The government announced the implementation of a solid waste charging scheme effective August 1, 2024, which is expected to drive growth in the company's recycling and green technology businesses[20] - The introduction of a waste charging scheme on August 1, 2024, is expected to significantly boost recycling volumes and benefit the group's recycling and green technology business[34] - The North Metropolis Area is expected to provide approximately 500,000 new housing units, presenting opportunities for the company's core businesses[65] Financial Costs and Subsidies - The financial costs for the year were approximately HKD 13.7 million, up from HKD 8.2 million in 2022, primarily due to increased operating capital loans and bank borrowing rates[73] - The group recognized government subsidies totaling HKD 1,755,000 in 2023, down from HKD 17,489,000 in 2022, reflecting a decrease in support[141] - The company received subsidies of HKD 801,000 for the elimination of certain commercial diesel vehicles, down from HKD 5,147,000 in the previous year, showing a shift in operational strategy[165] Asset Management - Non-current assets decreased from HKD 365,243 thousand in 2022 to HKD 327,405 thousand in 2023, a decline of approximately 10.4%[88] - The total assets as of December 31, 2023, amounted to HKD 1,011,393,000, up from HKD 896,168,000 in 2022, indicating a growth of approximately 12.9%[159] - The company reported a net asset value of HKD 369,701 thousand in 2023, up from HKD 336,111 thousand in 2022, representing an increase of approximately 10%[121] Dividends and Shareholder Returns - The proposed final dividend per ordinary share is HKD 0.034 for 2023, which has not been recognized as a liability at the reporting date[194]

Revenue Growth - Revenue for the six months ended June 30, 2023, increased by 55.0% to HKD 1,106.9 million compared to HKD 714.1 million in the same period last year[9]. - The cleaning segment generated revenue of HKD 861.5 million, representing a 72.8% increase year-on-year and accounting for approximately 77.8% of total revenue[13]. - The waste management and recycling segment reported revenue of HKD 137.2 million, a 22.7% increase from HKD 111.8 million in the previous year[21]. - The gardening segment's revenue increased by 8.1% to HKD 61.4 million, while pest management revenue remained stable at HKD 46.8 million[21]. - Revenue for the six months ended June 30, 2023, was approximately HKD 1,106.9 million, representing an increase of about 55% compared to HKD 714.1 million in the same period last year[36]. - Revenue from external customers in Hong Kong reached HKD 1,106,301,000, a substantial rise from HKD 702,110,000 in the prior year[81]. Profitability - The operating profit for the six months was HKD 31.8 million, up 15.7% from HKD 27.5 million in the previous year[9]. - The profit attributable to equity shareholders increased by 22.7% to HKD 21.8 million, compared to HKD 17.8 million in the same period last year[9]. - The overall gross profit increased from approximately HKD 57.7 million to HKD 86.4 million, despite a slight decrease in overall gross margin from 8.1% to 7.8%[23]. - The company's net profit attributable to equity shareholders for the six months was approximately HKD 21.8 million, an increase of about 22.7% from HKD 17.8 million in the previous year[45]. - The pre-tax profit for the six months ended June 30, 2023, was HKD 21,834,000, an increase from HKD 17,796,000 for the same period in 2022, representing a growth of approximately 22.9%[88]. Contracts and Market Position - The group secured new contracts valued at approximately HKD 1.78 billion during the period, including contracts for various hospitals and public facilities[14]. - The group secured contracts totaling approximately HKD 4,557.2 million as of June 30, 2023, with HKD 1,148.9 million expected to be recognized by the end of 2023[25]. - The group won two out of four contracts awarded by the Environmental Protection Department for food waste collection services, reinforcing its market leadership in Hong Kong[17]. - The group continues to expand its waste management and recycling services, covering five districts and serving a population of approximately 1.6 million[15]. - The group’s cleaning services cover eight districts in Hong Kong, serving a population of about 3 million, reinforcing its market leadership[15]. Financial Position - The group's net cash flow from operating activities for the period was approximately HKD 111.0 million, compared to HKD 50.1 million in the first half of 2022, representing a significant increase[47]. - As of June 30, 2023, the group's available cash and bank balances were approximately HKD 63.2 million, an increase of about 118.0% from HKD 29.0 million on December 31, 2022[47]. - The total current assets and current liabilities as of June 30, 2023, were approximately HKD 553.5 million and HKD 506.0 million, respectively, maintaining a current ratio of approximately 1.1 times[47]. - The group's bank borrowings decreased by approximately 17.2% to HKD 146.0 million as of June 30, 2023, down from HKD 176.4 million on December 31, 2022[48]. - The company's total liabilities increased to HKD 573,975 thousand as of June 30, 2023, compared to HKD 560,057 thousand at the end of 2022, indicating a rise of 2.1%[61]. Employee Costs and Staffing - The total employee costs for the six months ended June 30, 2023, were approximately HKD 899.0 million, compared to HKD 555.2 million for the same period in 2022, reflecting an increase of approximately 62%[57]. - The group employed 8,963 staff as of June 30, 2023, an increase from 8,894 staff on December 31, 2022[57]. - The company's short-term employee benefits paid to key management personnel increased to HKD 6,094,000 in the first half of 2023, up from HKD 5,172,000 in the same period of 2022, reflecting a growth of 17.8%[109]. Dividends and Shareholder Returns - The company did not declare an interim dividend for the period, consistent with the previous year[20]. - The company approved a final dividend of HKD 0.038 per ordinary share for the fiscal year, compared to HKD 0.009 per share in the previous year, representing a 322% increase[87]. - The company did not recommend any interim dividend for the six months ended June 30, 2023, compared to no interim dividend in the same period of 2022[87]. Strategic Initiatives - The company is actively pursuing opportunities in green technology and aims to align with the government's green economy initiatives[12]. - The company is actively researching the application of biotechnology to address food waste issues, capturing significant business opportunities[16]. - The company is actively exploring suitable mergers, joint ventures, or new business projects to accelerate future growth and deliver long-term returns to shareholders[34]. Corporate Governance - The company has maintained high standards of corporate governance and has complied with all applicable code provisions during the reporting period[144]. - The audit committee, composed of three independent non-executive directors, is responsible for reviewing the group's financial reporting procedures and risk management[151]. - The company has adopted the standard code of conduct for securities transactions by directors and confirmed compliance during the reporting period[150].

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，並明確表示概不就因本公告全部或任何部 分內容而產生或因依賴該等內容而引致的任何損失承擔任何責任。 BAGUIO GREEN GROUP LIMITED 碧 瑤 綠 色 集 團 有 限 公 司 （於開曼群島註冊成立的有限公司） 1397 （股份代號： ） 有關截至二零二二年十二月三十一日止年度之 年報之補充公告 茲提述碧瑤綠色集團有限公司（「本公司」連同其附屬公司統稱「本集團」）截至二零 二二年十二月三十一日止年度之年報（「二零二二年年報」）。除另有界定者外，本公 告所用詞彙與二零二二年年報所界定者具有相同涵義。 除二零二二年年報中提供的資料外，本公司謹此根據香港聯合交易所有限公司證券 17 上市規則（「上市規則」）第 章補充以下有關購股權計劃及股份獎勵計劃之資料。 購股權計劃 17.07(2) 17.09(3) 根據上市規則第 及 條，本公司謹此澄清，於二零二二年一月一 ...

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，並表明概不就因本公告全部或任何部分內 容而產生或因依賴該等內容而引致的任何損失承擔任何責任。 BAGUIO GREEN GROUP LIMITED 碧 瑤 綠 色 集 團 有 限 公 司 （於開曼群島註冊成立的有限公司） 1397 （股份代號： ） 截至二零二三年六月三十日止六個月 中期業績公告 財務摘要 截至六月三十日止六個月 二零二三年 二零二二年 變動 千港元 千港元 1,106,855 714,122 +55.0% 收益 86,390 57,680 +49.8% 毛利 3,173 20,937 -84.8% 其他收入、收益及虧損 21,741 17,118 +27.0% 期內溢利 ...