目錄 | 公司資料 | 2 | | --- | --- | | 主席報告 | 3 | | 管理層討論與分析 | 6 | | 董事及高級管理層履歷 | 16 | | 董事會報告 | 19 | | 企業管治報告 | 31 | | 環境、社會及管治報告 | 46 | | 獨立核數師報告 | 67 | | 綜合損益表 | 71 | | 綜合損益及其他全面收益表 | 72 | | 綜合財務狀況表 | 73 | | 綜合權益變動表 | 75 | | 綜合現金流量表 | 76 | | 綜合財務報表附註 | 78 | | 財務概要 | 136 | 1 揚科集團有限公司 • 2024/25年年度報告 公司資料 董事會 執行董事 李昌源先生 （董事會主席） 潘丞章先生 非執行董事 蔡朝暉博士 （董事會副主席） 獨立非執行董事 葉國謙議員 （大紫荊勳賢、金紫荊星章、太平紳士） Yvonne Low Win Kum女士 陳繼榮先生 公司秘書 潘丞章先生， 會計師 授權代表 就香港聯合交易所有限公司證券上市規則而言 李昌源先生 潘丞章先生 審計委員會 陳繼榮先生 （主席） 蔡朝暉博士 Yvonne Low Win Kum女士 薪酬委員 ...

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 就 因 本 公 佈 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。 ICO GROUP LIMITED 揚科集團有限公司* （於開曼群島註冊成立的有限公司） （股份代號：1460） 截 至2025年3月31日 止 年 度 的 年 度 業 績 公 佈 | 財 | 務 | 摘 | 要 | | | | | | | | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | | | | | | | | | 截 至3月31日 | 止 | 年 | 度 | | | | | | | | | ...

Financial Performance - Revenue for the six months ended September 30, 2024, was HKD 504,064,000, a decrease of 2.8% compared to HKD 517,490,000 in the same period of 2023[5]. - Gross profit increased to HKD 104,582,000, representing a 10.4% increase from HKD 94,661,000 year-on-year[5]. - Profit for the period rose to HKD 27,991,000, up 37.8% from HKD 20,340,000 in the previous year[5]. - Basic earnings per share improved to HKD 2.5, compared to HKD 1.6 for the same period last year[5]. - Total comprehensive income for the period was HKD 50,127,000, significantly higher than HKD 9,051,000 in the prior year[12]. - The company reported a profit of HKD 14,256,000 for the period, a decrease from HKD 20,340,000 in the previous period[23]. - The net profit for the first half of 2024 was approximately HKD 28.0 million, an increase of about HKD 7.7 million or 38% compared to the first half of 2023[132]. Revenue Breakdown - Revenue from IT application and solution development services decreased to HKD 31,280,000, a decline of 32.6% from HKD 46,441,000 in 2023[36]. - Revenue from IT infrastructure solution services was HKD 373,405,000, down 4.7% from HKD 391,980,000 in 2023[36]. - Revenue from the IT application and solution development segment was approximately HKD 31.3 million, a decrease of about 33% from HKD 46.5 million in the 2023 interim period[111]. - Revenue from the IT infrastructure solution segment was approximately HKD 373.4 million, down about 5% from HKD 392.0 million in the 2023 interim period, primarily due to decreased demand from banking and financial clients[112]. - The IT secondment services segment generated revenue of approximately HKD 16.0 million, an increase of about 37% from HKD 11.7 million in the 2023 interim period[113]. - The IT maintenance and support services segment reported revenue of approximately HKD 83.3 million, an increase of about 24% from HKD 67.3 million in the 2023 interim period[116]. Assets and Liabilities - Non-current assets increased to HKD 296,848,000 from HKD 274,788,000 as of March 31, 2024[15]. - Current assets decreased slightly to HKD 663,699,000 from HKD 679,718,000[15]. - Total liabilities decreased to HKD 339,164,000 from HKD 366,180,000, indicating improved financial stability[15]. - The company's equity attributable to shareholders rose to HKD 573,079,000 from HKD 537,704,000[17]. - Trade receivables as of September 30, 2024, amounted to HKD 295,035,000, down from HKD 354,798,000 as of March 31, 2024, indicating a decrease of 16.7%[81]. - The company's total current assets as of September 30, 2024, were HKD 311,498,000, down from HKD 363,306,000 as of March 31, 2024, representing a decrease of 14.2%[81]. - Trade payables decreased to HKD 172,828,000 from HKD 186,574,000, representing a reduction of approximately 7.3%[87]. Cash Flow and Investments - The net cash generated from operating activities for the six months ended September 30, 2024, was HKD 3,636,000, a decrease of 88.4% compared to HKD 31,162,000 in 2023[26]. - The net cash used in investing activities was HKD 28,521,000, compared to a net cash used of HKD 1,002,000 in 2023[26]. - The company paid dividends of HKD 8,777,000 to equity shareholders during the period, with an additional HKD 5,939,000 paid to non-controlling interests[26]. - The company has issued a new promissory note amounting to HKD 36,888,000, which is set to mature in 36 months at an interest rate of 2%[103]. - The company has a performance guarantee issued by banks amounting to HKD 11,526,000 as of September 30, 2024, down from HKD 12,220,000[91]. Operational Insights - The company anticipates ongoing challenges due to high labor costs and a shortage of experienced staff, while striving to secure new IT projects[118]. - Management remains optimistic about the company's prospects despite uncertainties in the global business environment, focusing on operational efficiency and financial stability[119]. - The company plans to continue monitoring risks and uncertainties closely, adjusting operational strategies as necessary to prepare for potential market fluctuations[119]. - The company is actively seeking investment opportunities that are beneficial to shareholders, although no specific plans have been announced[147]. - The company continues to explore suitable investment targets that have profitability and growth potential, as well as opportunities for mutually beneficial cooperation[155]. Corporate Governance - The company has complied with the corporate governance code as per the listing rules, with no significant changes in director information since the last annual report[172]. - The company has not identified any business or interest conflicts involving its directors or major shareholders during the reporting periods[178]. - The company has adopted the standard code for securities trading by directors, confirming compliance by all directors as of September 30, 2024[172]. - The company continues to review its corporate governance practices to enhance compliance and meet stakeholder expectations[171].

Financial Performance - Revenue for the six months ended September 30, 2024, was HKD 504,064,000, a decrease of 3% compared to HKD 517,490,000 in the same period of 2023[4] - Gross profit increased by 10% to HKD 104,582,000 from HKD 94,661,000 year-on-year[4] - Net profit for the period rose by 38% to HKD 27,991,000, compared to HKD 20,340,000 in the previous year[4] - Basic earnings per share increased by 56% to HKD 2.5 from HKD 1.6 year-on-year[4] - Total comprehensive income for the period was HKD 50,127,000, significantly up from HKD 9,051,000 in the same period last year[9] - The group reported total revenue of HKD 504,064 thousand for the six months ended September 30, 2024, compared to HKD 517,490 thousand for the same period in 2023, representing a decrease of approximately 2.6%[27] - The gross profit for the reportable segments totaled HKD 104,582,000 for the six months ended September 30, 2024, compared to HKD 94,661,000 for the same period in 2023, indicating an increase of approximately 10.4%[37] - The group’s net profit for mid-2024 was approximately HKD 28.0 million, an increase of about HKD 7.7 million or 38% compared to mid-2023 (approximately HKD 20.3 million)[87] Revenue Breakdown - Revenue from Information Technology Application and Solution Development Services was HKD 31,280 thousand, down 32.7% from HKD 46,441 thousand in the previous year[29] - Revenue from Information Technology Infrastructure Solution Services was HKD 373,405 thousand, a decrease of 4.7% compared to HKD 391,980 thousand in the same period last year[29] - Revenue from Information Technology Borrowing Services increased to HKD 15,974 thousand, up 36.5% from HKD 11,725 thousand in the previous year[29] - Revenue from Information Technology Maintenance and Support Services rose to HKD 83,344 thousand, an increase of 23.8% from HKD 67,344 thousand in the same period last year[29] - Revenue from external customers for the reportable segments was HKD 517,490,000 for the six months ended September 30, 2023, while it was HKD 504,064,000 for the same period in 2024, showing a decline of about 2.6%[37] Assets and Liabilities - The company's non-current assets, including investment properties, amounted to HKD 200,488,000, an increase from HKD 174,958,000 as of March 31, 2024[11] - Current assets decreased to HKD 663,699,000 from HKD 679,718,000 as of March 31, 2024[11] - Total assets less current liabilities increased to HKD 621,383,000 from HKD 588,326,000[11] - The company’s total liabilities for the six months ended September 30, 2024, included interest expenses of HKD 1,020,000, compared to HKD 922,000 for the same period in 2023, indicating an increase of approximately 10.7%[42] - The group’s equity total is approximately HKD 598.8 million as of September 30, 2024, an increase from HKD 565.2 million as of March 31, 2024[100] Dividends - The company does not recommend the payment of any interim dividend for the six months ended September 30, 2024[4] - The company proposed a final dividend of HKD 0.01 per share for the year ending March 31, 2024, totaling HKD 8,776,000, compared to no dividend in 2023[48] Employee Costs - The company reported a significant increase in employee costs, totaling HKD 99,310,000 for the six months ended September 30, 2024, compared to HKD 85,235,000 for the same period in 2023, reflecting a rise of approximately 16.5%[41] - Employee costs for the first half of 2024 amounted to approximately HKD 99.3 million, compared to HKD 85.2 million in the first half of 2023, reflecting a year-on-year increase of about 16.1%[122] Foreign Exchange and Other Income - The company reported a foreign exchange gain of HKD 22,136,000 from the translation of financial statements of foreign subsidiaries[9] - The company reported a net gain from foreign exchange of HKD 131,000 for the six months ended September 30, 2024, compared to a loss of HKD 1,154,000 in 2023, indicating a significant turnaround[42] - Other income and net other gains for mid-2024 were approximately HKD 6.0 million, an increase of about HKD 4.1 million or 216% compared to mid-2023 (approximately HKD 1.9 million)[81] Corporate Governance - The board of directors has confirmed compliance with the standards for securities trading as of September 30, 2024[128] - The company is considering appointing a suitable candidate for the CEO position to comply with corporate governance guidelines[125] - The board will continue to review corporate governance practices to enhance governance standards and meet stakeholder expectations[126] - The Audit Committee has been established and consists of one non-executive director and two independent non-executive directors[136] Risks and Future Outlook - The company faces various risks and uncertainties that may adversely affect its business, performance, and financial condition, which are detailed in the board report for the fiscal year ending March 31, 2024[74] - The group is facing challenges such as high inflation rates and labor costs, but management remains optimistic about future prospects[75] - The group plans to focus on operational efficiency by adopting a light asset model to improve operational flexibility and reduce adverse impacts on the business[75] - The company is actively seeking suitable investment targets that have profitability and growth potential to enhance future earnings[116]

Financial Performance - The company achieved record revenue of approximately HKD 1,076.8 million for the fiscal year 2024, representing a 23% increase from HKD 877.3 million in fiscal year 2023[5]. - The profit attributable to shareholders for fiscal year 2024 was approximately HKD 16.7 million, up from HKD 11.0 million in fiscal year 2023[6]. - The pre-tax profit for fiscal year 2024 was approximately HKD 43.3 million, up from HKD 30.5 million in the previous year[15]. - The net profit for fiscal year 2024 was approximately HKD 33.0 million, an increase of about 45% from HKD 22.7 million in fiscal year 2023, driven by a gross profit increase of HKD 35.8 million[32]. - The group's gross profit for the fiscal year 2024 was approximately HKD 209.5 million, an increase of about 21% from HKD 173.7 million in fiscal year 2023, with a stable gross margin of around 20%[25]. - General and administrative expenses for fiscal year 2024 were approximately HKD 152.5 million, an increase of about 18% from HKD 128.8 million in fiscal year 2023, primarily due to increased employee costs[26]. Revenue Segments - The revenue from the IT infrastructure solutions segment was approximately HKD 823.0 million, accounting for about 76.4% of total revenue, with a significant increase of approximately 34% from HKD 613.7 million in fiscal year 2023[17]. - The IT application and solution development services segment generated revenue of approximately HKD 81.3 million, a 14% increase from HKD 71.5 million in the previous year[16]. - The IT secondment services segment saw a revenue decrease of about 7%, down to approximately HKD 25.3 million from HKD 27.1 million in fiscal year 2023[19]. - The IT maintenance and support services segment reported a revenue of approximately HKD 146.7 million, a decrease of about 11% from HKD 165.0 million in the previous year[20]. - The new property leasing segment generated revenue of approximately HKD 0.5 million, contributing about 0.1% to total revenue[21]. Liquidity and Assets - The company maintained high liquidity with current assets of approximately HKD 679.7 million, compared to HKD 576.1 million in fiscal year 2023[6]. - The group's total current assets as of March 31, 2024, were approximately HKD 679.7 million, an increase from HKD 576.1 million in 2023, primarily due to cash and cash equivalents[39]. - The group's current liabilities as of March 31, 2024, were approximately HKD 366.2 million, an increase from HKD 255.6 million in 2023, mainly due to trade and other payables[39]. - The group's liquidity ratio as of March 31, 2024, was approximately 1.9 times, down from 2.3 times in 2023, indicating a decrease in liquidity[40]. Dividends and Shareholder Returns - The company proposed a final dividend of HKD 0.01 per share, totaling approximately HKD 8.8 million, marking the first dividend distribution since its listing in 2015[6]. - The company proposed a final dividend of HKD 0.01 per ordinary share for the fiscal year ending March 31, 2024, compared to no dividend in 2023[80]. - The company aims to balance higher shareholder returns with maintaining a good capital structure to reduce capital costs[42]. Challenges and Market Conditions - The company faced challenges due to a complex business environment and market competition, leading to some clients reducing their budgets[9]. - The company emphasized the importance of talent development to maintain competitiveness in a challenging market environment[9]. - The company identified several major risks and uncertainties that could impact its financial condition and operational performance, including potential cost overruns or delays in IT application and solution development projects[83]. - The company anticipates continued bidding on fixed-price contracts, which may heighten the risk of project overruns and result in lower or negative project profits[84]. Corporate Governance - The company has complied with the corporate governance code as outlined in the Hong Kong Stock Exchange Listing Rules, except for certain deviations[152]. - The board of directors consists of two executive directors, one non-executive director, and three independent non-executive directors as of the report date[157]. - The company is committed to maintaining good corporate governance practices and procedures to enhance transparency and accountability[152]. - The company has established three board committees: Audit Committee, Remuneration Committee, and Nomination Committee, each with defined responsibilities[179]. Employee and Talent Management - The group has a total of 315 full-time employees as of March 31, 2024, an increase from 284 in 2023, with total employee compensation of approximately HKD 174.1 million in 2024 compared to HKD 160.2 million in 2023[63]. - The company’s management team has extensive experience in the IT industry, with key executives having over 30 years of relevant experience[73][74][75][76]. Investment and Growth Opportunities - The company is exploring investment opportunities in the global information technology sector, particularly in Southeast Asia, to enhance its business growth[15]. - The company aims to actively participate in more bidding projects and expand its customer base to increase market share in the future[22]. - The company continues to seek investment opportunities that benefit shareholders overall[47]. Risk Management - The group has implemented risk management procedures to identify, assess, and manage significant risks, with annual risk assessments conducted by the board[199]. - The internal control system aims to promote effective and efficient operations, minimizing risks faced by the group[199]. - The board has established a risk management framework to provide clear governance structures and procedures for risk management[200].

Financial Performance - Revenue for the year ended March 31, 2024, was HKD 1,076,785, representing a 23% increase from HKD 877,322 in 2023[10]. - Gross profit for the same period was HKD 209,454, up 21% from HKD 173,741 in the previous year[10]. - Net profit for the year reached HKD 32,997, a 45% increase compared to HKD 22,727 in 2023[10]. - Basic earnings per share increased to HKD 1.9, up 58% from HKD 1.2 in the prior year[10]. - Other income for the year was HKD 11,428, compared to HKD 8,302 in 2023, indicating a growth of 38%[4]. - Total revenue for the fiscal year 2024 is approximately HKD 1,076.8 million, an increase of about 23% from HKD 877.3 million in 2023[90]. - The company's profit attributable to equity holders for 2024 is HKD 16,691,000, up from HKD 10,966,000 in 2023, representing a significant increase[68]. - The pre-tax profit for fiscal year 2024 was approximately HKD 43.3 million, up from HKD 30.5 million in fiscal year 2023[111]. Revenue Breakdown - Revenue from Information Technology Application and Solution Development Services for 2024 was HKD 81,288,000, up from HKD 71,563,000 in 2023, representing a growth of approximately 13.3%[38]. - Revenue from Information Technology Infrastructure Solution Services increased significantly to HKD 823,017,000 in 2024 from HKD 613,725,000 in 2023, marking a growth of about 34.1%[38]. - Revenue from Property Leasing reached HKD 1,076,329,000 in 2024, compared to HKD 877,322,000 in 2023, indicating an increase of approximately 22.7%[38]. - The group reported a decrease in revenue from Information Technology Borrowing Services, which fell to HKD 25,309,000 in 2024 from HKD 27,065,000 in 2023, a decline of about 6.5%[38]. - Revenue recognized at a point in time for the year ended March 31, 2024, was HKD 874,508,000, compared to HKD 693,516,000 for the previous year, indicating an increase of approximately 26.1%[55]. - Revenue recognized over time for the year ended March 31, 2024, was HKD 201,821,000, compared to HKD 183,806,000 for the previous year, reflecting a growth of about 9.0%[55]. Expenses and Liabilities - Total employee costs, including director remuneration, rose to HKD 174,149,000 in 2024 from HKD 160,244,000 in 2023, reflecting an increase of about 8.7%[44]. - The provision for Hong Kong profits tax for the year ended 2024 was HKD 10,863,000, compared to HKD 8,628,000 in 2023, which is an increase of approximately 26.0%[47]. - General and administrative expenses increased by approximately HKD 23.7 million or 18% to about HKD 152.5 million in fiscal year 2024, primarily due to increased employee costs[99]. - The total liabilities increased to approximately HKD 366.2 million from HKD 255.6 million in 2023, mainly due to an increase in trade and other payables and contract liabilities[156]. Assets and Equity - Total assets less current liabilities amounted to HKD 588,326, down from HKD 609,544 in 2023[6]. - Trade and other receivables increased to HKD 363,306 from HKD 310,880, reflecting a growth of approximately 17%[6]. - As of March 31, 2024, the group's total shareholder equity was approximately HKD 537.8 million, an increase from HKD 531.0 million in 2023[156]. - The group's current assets amounted to approximately HKD 679.7 million, up from HKD 576.1 million in 2023, primarily driven by cash and cash equivalents of approximately HKD 306.6 million, compared to HKD 216.9 million in 2023[156]. Corporate Governance and Compliance - The financial statements are prepared in accordance with the Hong Kong Financial Reporting Standards, with no significant impact on the consolidated financial statements due to the adoption of new and revised standards[30]. - The group has established an audit committee in compliance with listing rules and corporate governance guidelines[154]. - The audit committee currently consists of one non-executive director and two independent non-executive directors, ensuring appropriate professional qualifications and experience[194]. - The group will continue to adhere to corporate governance standards to enhance governance levels and meet stakeholder expectations[188]. Market and Future Outlook - The company plans to actively participate in more investment projects to expand its customer base and increase market share[89]. - The group aims to expand its sales channels and customer base, resulting in an increase in active customer numbers[113]. - The group continues to seek suitable investment targets that have profitability and growth potential to enhance future earnings[170]. - The group maintains a cautious optimism regarding business prospects despite market competition challenges[89].

Financial Performance - Revenue for the six months ended September 30, 2023, was HKD 517,490,000, representing a 28% increase from HKD 404,590,000 in the same period of 2022[5] - Gross profit for the same period was HKD 94,661,000, up from HKD 83,563,000, indicating an increase of 13%[5] - Net profit for the period was HKD 20,340,000, compared to HKD 19,698,000 in the previous year, reflecting a growth of 3.3%[5] - Basic and diluted earnings per share remained at HKD 1.6, unchanged from the previous year[5] - Total comprehensive income for the period was HKD 9,051,000, a significant recovery from a loss of HKD 1,622,000 in the same period last year[7] - Total revenue for the group reached HKD 517,490,000, representing a 28% increase from HKD 404,590,000 in the same period last year[28] - The group’s net profit for the mid-2023 period was approximately HKD 20.3 million, an increase of about HKD 0.6 million or 3% compared to mid-2022 (approximately HKD 19.7 million) [89] Revenue Segmentation - Revenue from IT infrastructure solutions service significantly increased to HKD 391,980,000, up 47.5% from HKD 265,663,000 in 2022[28] - The company continues to focus on expanding its IT application and solution development services, which generated HKD 46,441,000 in revenue, up 24.3% from HKD 37,397,000[28] - The IT maintenance and support services segment generated revenue of approximately HKD 67.3 million, a decrease of about 24% from HKD 88.7 million in the previous year, accounting for about 13% of total revenue[75] - The IT secondment services segment's revenue decreased by approximately 9% to HKD 11.7 million, representing about 2% of total revenue[72] Cash and Liquidity - Cash and cash equivalents rose to HKD 238,615,000, up from HKD 216,920,000, indicating improved liquidity[10] - The group reported a net increase in cash and cash equivalents of HKD 21,365,000, down from HKD 38,137,000 in the previous year[20] - The cash and cash equivalents at the end of the period stood at HKD 238,615,000, compared to HKD 144,719,000 at the end of the same period last year, marking a 64.8% increase[20] - The group's liquidity ratio as of September 30, 2023, was approximately 2.4 times, compared to approximately 2.3 times as of March 31, 2023[97] Expenses and Costs - Employee costs, including directors' remuneration, rose to HKD 85,235,000 for the six months ended September 30, 2023, compared to HKD 82,850,000 in the same period of 2022[41] - General and administrative expenses increased by approximately 11% to HKD 70.1 million, primarily due to an increase in employee costs of about HKD 2.4 million[83] - Financing costs for the mid-2023 period were approximately HKD 0.92 million, an increase of about HKD 0.25 million or 37% compared to mid-2022 (approximately HKD 0.67 million) [87] Assets and Liabilities - Non-current assets in Hong Kong amounted to HKD 100,826,000 as of September 30, 2023, slightly down from HKD 101,174,000 as of March 31, 2023[36] - Trade receivables increased to HKD 299,784,000 as of September 30, 2023, compared to HKD 282,743,000 as of March 31, 2023, with a provision for bad debts of HKD 1,302,000[58] - Trade payables rose to HKD 146,822,000 as of September 30, 2023, from HKD 138,960,000 as of March 31, 2023[60] - The group's total liabilities related to trade and other payables amounted to HKD 178,823,000 as of September 30, 2023, down from HKD 190,181,000 as of March 31, 2023[60] Shareholder Information - As of September 30, 2023, the company’s issued share capital was HKD 21,939,758, divided into 877,590,312 shares with a par value of HKD 0.025 each[138] - Mr. Li Changyuan held 173,094,800 shares, representing approximately 19.72% of the company's issued share capital, while Dr. Cai Zhaohui held 143,072,000 shares, representing approximately 16.30%[134] - The major shareholders include individuals who are considered concert parties, collectively holding 173,094,800 shares, equivalent to 19.72% of the issued share capital[143] Corporate Governance - The board of directors has adopted and complied with all provisions of the corporate governance code, except for the separation of the roles of chairman and CEO, which is currently not in place[125] - The company has established an audit committee consisting of one non-executive director and two independent non-executive directors, ensuring proper governance[145] - The company is committed to maintaining transparency and has made its audit committee's terms of reference available on its website[145] Future Outlook - The company plans to continue focusing on market expansion and new product development to drive future growth[5] - The company plans to enhance its marketing and promotion efforts for the CKB project in Malaysia, which is expected to generate stable rental income in the foreseeable future[76] - The group has not yet commenced operations in the property leasing segment, which is expected to contribute to future revenue growth[28] Risks and Challenges - The company acknowledges various risks and uncertainties that may adversely affect its business and financial condition, including global inflation and local competition challenges[77] - The group faced foreign exchange risks due to project CKB and will continue to assess and consider hedging significant foreign currency risks as necessary[118]

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，並明確表示概不就因本公佈全 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。 ICO GROUP LIMITED 揚 科 集 團 有 限 公 司* （於開曼群島註冊成立的有限公司） （股份代號：1460） 截 至2023年9月30日 止 六 個 月 的 中 期 業 績 公 佈 財務摘要 （未經審核） 截至9月30日止六個月 2023年 2022年 變動百分比 收入（千港元） 517,490 404,590 +28% 毛利（千港元） 94,661 83,563 +13% 本期間溢利（千港元） 20,340 19,698 +3% 每股盈利－基本（每股港仙） 1.6 1.7 -6% 董事會不建議派付截至2023年9月30日止六個月的任何中期股息。 ...

Financial Performance - The company recorded a profit attributable to equity shareholders of approximately HKD 11 million for the fiscal year 2023[6]. - The group's revenue for the fiscal year 2023 was approximately HKD 877.3 million, an increase of about HKD 164.9 million or 23% compared to the fiscal year 2022[14]. - The group recorded a net profit of approximately HKD 22.7 million for fiscal year 2023, driven by increased revenues from key service segments[22]. - The net profit for the fiscal year 2023 was approximately HKD 22.7 million, representing an increase of about HKD 3.8 million or approximately 20% compared to HKD 18.9 million in 2022[33]. - The group's gross profit for fiscal year 2023 was approximately HKD 173.7 million, a 33% increase from HKD 131.0 million in fiscal year 2022, with a gross margin rising from about 18% to 20%[26]. Revenue Segmentation - Revenue from the IT infrastructure solutions segment significantly increased, offsetting the decline in revenue from the IT application and solution development services segment[8]. - Revenue from the IT infrastructure solutions segment increased by approximately 48% to HKD 613.7 million, accounting for about 70% of total revenue in fiscal year 2023[16]. - The IT application and solution development segment's revenue decreased by approximately 44% to HKD 71.5 million, representing about 8% of total revenue[15]. - The IT maintenance and support services segment generated revenue of approximately HKD 165.0 million, an increase of about 12% from HKD 147.4 million in fiscal year 2022[20]. - The IT secondment services segment's revenue rose by approximately 18% to HKD 27.1 million, accounting for about 3% of total revenue[19]. Cash and Assets - The company maintained a strong cash position with approximately HKD 217 million[6]. - Current assets as of March 31, 2023, were approximately HKD 576.1 million, an increase from HKD 448.0 million in 2022, with cash and cash equivalents at approximately HKD 216.9 million[44]. - The total value of investment properties as of March 31, 2023, was approximately HKD 187.9 million, accounting for about 22% of the group's total assets[43]. - The group's liquidity ratio as of March 31, 2023, was approximately 2.3 times, down from 2.5 times in 2022[45]. Cost Management - The company effectively controlled costs, particularly in hardware and software procurement, which helped manage labor costs[8]. - General and administrative expenses increased by approximately 34% to HKD 128.8 million, primarily due to higher employee costs[27]. - The total employee compensation for the fiscal year 2023 is approximately HKD 160.2 million, an increase from HKD 136.0 million in 2022, with a total of 284 full-time employees[72]. Strategic Initiatives - The company plans to launch the first phase of marketing and promotion for the CKB project in Malaysia in the second half of 2023, expecting stable rental income and online transaction platform service revenue[7]. - The company aims to diversify and expand its current business and geographical portfolio to prepare for future opportunities[10]. - The company is committed to investing in new technologies such as big data and artificial intelligence to seize emerging business opportunities[10]. - The management is exploring the establishment of an IT talent team in the Greater Bay Area to address the talent shortage in Hong Kong's IT industry[10]. Market Outlook - The management remains cautiously optimistic about business prospects as the market gradually recovers from the impacts of COVID-19[10]. - The management expresses confidence in achieving sustainable and profitable growth in the upcoming fiscal year despite anticipated challenges in the business environment[22]. - The company emphasizes the importance of innovation as a steadfast direction for growth in a changing market environment[10]. Risks and Challenges - The company faces risks related to project overruns and delays in its IT application and solution development projects, which could significantly impact its business and financial performance[92]. - The company relies heavily on contracts with major clients, and any decline in service demand from these clients could adversely affect its business and financial condition[94]. - The company has experienced a competitive bidding process for its IT application and solution development services, increasing the risk of project overruns and lower profitability[92]. - The group faces increased foreign exchange risks following the acquisition of CKB and will consider hedging significant foreign currency risks as necessary[68]. Corporate Governance - The company has maintained compliance with the corporate governance code throughout the fiscal year ending March 31, 2023[168]. - The board consists of two executive directors, one non-executive director, and three independent non-executive directors as of the report date[173]. - The company emphasizes the importance of transparency and accountability in its corporate governance practices[167]. - The company has adopted a board diversity policy, considering measurable aspects such as gender, age, ethnicity, knowledge, and tenure[180]. Shareholder Information - The company did not recommend any final dividend for the fiscal year ending March 31, 2023, consistent with the previous year[101]. - As of March 31, 2023, the distributable reserves available for shareholders were approximately HKD 346.3 million, compared to HKD 346.0 million in 2022[108]. - The company maintains sufficient public float as per listing rules[157]. - The company has no significant violations of applicable laws or regulations in the fiscal year 2023[99].

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，並明確表示概不就因本公佈全 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。 ICO GROUP LIMITED 揚 科 集 團 有 限 公 司* （於開曼群島註冊成立的有限公司） （股份代號：1460） 截 至2023年3月31日 止 年 度 的 年 度 業 績 公 佈 財務摘要 截至3月31日止年度 2023年 2022年 變動百分比 收入（千港元） 877,322 712,450 +23% 毛利（千港元） 173,741 131,028 +33% 本年度溢利（千港元） 22,727 18,914 +20% 每股盈利－基本（每股港仙） 1.2 0.9 +33% 董事會不建議派付截至2023年3月31日止年度的任何末期股息。 ...