(根據英屬處女群島法例註冊成立的有限公司) 股份代號 : 1568 年報 2024 關於我們 承達為香港、澳門、新加坡及中國領先的綜合室內裝 潢工程承建商之一，專門為商業樓宇、酒店及住宅物 業提供專業的室內裝潢工程。我們自1996年於香港經 營室內裝潢工程業務，並分別於2005年、2017年及 2021年進一步將室內裝潢工程業務拓展至澳門、中國 及新加坡。 我們已承接香港、澳門、新加坡及中國多個大型室內 裝潢工程項目。我們作為室內裝潢工程承建商負責整 體項目實施，為室內裝潢工程提供、處理或安排所需 的材料、勞工、工程方面的專業及技術知識，並執行 相應項目管理，確保室內裝潢工程符合合約要求，滿 足客戶的期望，並按時及在預算內完工。 我們亦於中國從事製造室內裝飾材料業務，並於國際 市場從事採購及分銷室內裝飾材料業務。 1 承達集團有限公司 2024年年報 目錄 | | | 80 獨立核數師報告 85 綜合損益及其他全面收益表 86 綜合財務狀況表 88 綜合權益變動表 89 綜合現金流量表 91 綜合財務報表附註 160 五年財務概要 2024年年報 承達集團有限公司 2 公司資料 董事會 執行董事 吳德坤先生 ...

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倚賴該等內容而引致的任何損失承擔任何責 任。 SUNDART HOLDINGS LIMITED 承達集團有限公司 （根 據 英 屬 處 女 群 島 法 例 註 冊 成 立 的 有 限 公 司） （股 份 代 號：1568） 截 至2024年12月31日止年度 年度業績公告 | 財務摘要 | | | | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | （除 非 | 另 | 有 | 指 | 明，否 | 則 | 為 | 百 | 萬 | 港 | 元） | | | | | | | | | | | | | | 2024年 2023年 變動 | | 收 益 | | | | | | | | | | | 5,996.8 5,461.3 9.8% | | 毛 利 | | | | ...

Z:\09. IR\159760 Sundart IR24\cover\Sundart Holdings IR24 fullcover SUNDART HOLDINGS LIMITED 承達集團有限公司 SUNDART HOLDINGS LIMITED 承達集團有限公司 (incorporated under the laws of British Virgin Islands with limited liability) Stock code : 1568 （根據英屬處女群島法例註冊成立的有限公司） 股份代號： 1568 Interim Report 2024 中期報告 2024 目錄 公司資料 管理層討論及分析 15 19 2 4 11 企業管治及其他資料 中期簡明綜合財務報表審閱報告 16 簡明綜合損益及其他全面收益表 17 簡明綜合財務狀況表 18 簡明綜合權益變動表 簡明綜合現金流量表 20 簡明綜合財務報表附註 公司資料 | --- | --- | |------------------------------------------------|------------------------ ...

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倚賴該等內容而引致的任何損失承擔任何責任。 SUNDART HOLDINGS LIMITED 承達集團有限公司 （根 據 英 屬 處 女 群 島 法 例 註 冊 成 立 的 有 限 公 司） （股 份 代 號：1568） 截 至2024年6月30日止六個月 中期業績公告 | --- | --- | --- | --- | |---------------------------------------------|-----------------------------------------------|------------------------------------------|------------------------| | | | | | | | | | | | （除 非 另 有 指 明，否 則 為 百 萬 港 元） | | | | | | 截 至 6 月 30 20 ...

Corporate Governance - The board of directors consists of nine members, including five executive directors, one non-executive director, and three independent non-executive directors as of December 31, 2023[2]. - The board held a total of 15 meetings during the year, with 4 being regular meetings[3]. - Executive directors attended all 15 board meetings, demonstrating full engagement in governance[4]. - The company has an independent management team led by experienced senior management, ensuring effective execution of business strategies[2]. - The company has a clear governance structure, with specific powers delegated to management while retaining key strategic decisions for board approval[2]. - The board's oversight includes monitoring the execution of policies and strategies, ensuring alignment with the overall business plan[2]. - The company emphasizes the importance of regular board meetings, adhering to corporate governance codes[3]. - The independent non-executive directors play a crucial role in the audit and nomination committees, contributing to the company's governance[6][7]. - The company is committed to maintaining high standards of corporate governance and transparency in its operations[2]. - The company continues to integrate effective corporate governance elements into its management structure and internal procedures[12]. - The company has established policies and procedures that comply with the corporate governance code principles[14]. - The company has maintained high levels of corporate governance and has applied the principles of the corporate governance code throughout the year[15]. Financial Performance - The group's revenue for the year was HKD 5,461.3 million, an increase of 16.7% from HKD 4,678.6 million in the previous year[53]. - The net profit for the year was HKD 330.3 million, up 15.0% from HKD 287.5 million in the previous year[53]. - Basic and diluted earnings per share were HKD 0.1530, compared to HKD 0.1332 in the previous year[53]. - The group's total revenue increased by HKD 782.7 million or 16.7% to HKD 5,461.3 million (previous year: HKD 4,678.6 million), while gross profit rose by HKD 32.5 million or 4.9% to HKD 696.2 million (previous year: HKD 663.7 million)[65]. - The gross profit margin decreased to 12.7% from 14.2% in the previous year, primarily due to changes in the interior decoration business[65]. - The group recorded net other income of HKD 22.1 million, a decrease from HKD 30.6 million in the previous year, primarily due to increased losses from fair value changes of financial assets[91]. - The group's profit for the year increased by HKD 42.8 million or 14.9% to HKD 330.3 million, consistent with the growth in gross profit[92]. - Basic and diluted earnings per share for the year were HKD 0.1530, an increase of HKD 0.0198 or 14.9% compared to the previous year[93]. Market Presence and Operations - The company has expanded its interior decoration engineering business to Macau, China, and Singapore since 2005, 2017, and 2021 respectively[37]. - The company is a leading integrated interior decoration contractor in Hong Kong, Macau, China, and Singapore, specializing in commercial buildings, hotels, and residential properties[37]. - The company has undertaken multiple large-scale interior decoration projects in Hong Kong, Macau, China, and Singapore[26]. - The group operates a manufacturing base and R&D center in Dongguan, China, with a total building area exceeding 40,000 square meters, producing fire-resistant wooden doors and wooden furniture[63]. - The group is engaged in integrated interior decoration projects primarily in Hong Kong, Macau, Singapore, and China, with global operations in manufacturing, procurement, and distribution of interior decoration materials[64]. - The group plans to actively seek opportunities in large and high-end interior decoration projects in Macau, driven by a projected increase in non-gaming investments[138]. - The group will continue to monitor market developments in Hong Kong, Macau, Singapore, and China closely, while gradually expanding into overseas markets like Singapore[139]. Risk Management - The company has a comprehensive risk management framework in place, with board members possessing extensive experience in risk consulting and management accounting[22]. - The group faces various business risks and challenges, including reliance on a few major customers, which could significantly impact its business and financial condition if these customers are lost[64]. - The group's financial management principles emphasize minimizing financial and operational risks, relying primarily on internally generated funds for business operations[123]. Environmental, Social, and Governance (ESG) - The company has a commitment to environmental, social, and governance (ESG) reporting and practices[22]. - The company aims to reduce paper and toner consumption by at least 5% and has achieved a reduction of over 53% in paper and toner usage[170]. - The company has implemented policies to manage waste and emissions, adhering to various environmental regulations across regions[169]. - The group aims to lower electricity consumption and greenhouse gas emissions by at least 5%[190]. - The group has committed to using energy-efficient appliances and equipment to manage potential climate change risks[178]. - The group strictly adheres to regulations regarding wastewater disposal, ensuring no direct discharge of pollutants into open water bodies[196]. Employee Management and Training - The total employee cost for the year decreased by HKD 11.0 million or 2.1% to HKD 502.5 million, attributed to an 8.3% decline in average employee numbers[136]. - The overall employee training participation rate decreased to 5.85% in 2023 from 6.51% in 2022, with 1,241 employees trained compared to 1,509 the previous year[164]. - The training participation rate for male employees was 6.33% in 2023, down from 6.93% in 2022, while female participation decreased to 3.81% from 4.72%[164]. - The average training hours per employee decreased to 0.56 hours in 2023 from 0.72 hours in 2022, reflecting a decline of about 22.2%[186]. - The company emphasizes employee well-being through various activities, promoting work-life balance and social connections[165]. Future Outlook - The outlook for 2024 anticipates a slow recovery in the global economy, with various government measures expected to positively impact the property market in Hong Kong[108]. - For 2024, the group aims to align its development plans with national and regional strategies, focusing on opportunities from the Guangdong-Hong Kong-Macao Greater Bay Area and the Belt and Road Initiative[139]. - The group plans to explore new development models and opportunities while maintaining strict cost control measures in response to ongoing business challenges[80].

Financial Performance - Revenue for the year ended December 31, 2023, was HKD 5,461.3 million, representing a 16.7% increase from HKD 4,678.6 million in 2022[7] - Gross profit for 2023 was HKD 696.2 million, with a gross margin of 12.7%, down from 14.2% in 2022[7] - Profit attributable to owners of the company increased by 14.9% to HKD 330.3 million from HKD 287.5 million in the previous year[7] - The company reported a basic and diluted earnings per share of HKD 15.30, up from HKD 13.32 in 2022, reflecting a 14.9% increase[7] - The company’s total assets as of December 31, 2023, were reported at HKD 2,195,466, an increase from HKD 2,000,813 in 2022[140] - The company reported total liabilities (bank borrowings) to equity ratio of 0.01% as of December 31, 2023, down from 0.02% in 2022[106] - The company’s financing costs decreased to HKD 834 from HKD 1,118 in the previous year, reflecting improved financial management[138] - The group reported a profit before tax of HKD 384,897,000 for 2022, with a significant increase in tax expenses to HKD 58,507,000 in 2023 from HKD 45,908,000 in 2022[181] Assets and Liabilities - Total assets less current liabilities amounted to HKD 3,450.1 million, compared to HKD 3,259.3 million in 2022[11] - The company’s non-current assets decreased to HKD 231.2 million from HKD 323.0 million in 2022[4] - Trade and other payables increased to HKD 2,913.3 million from HKD 2,626.4 million in 2022[4] - The total value of trade receivables (gross) was HKD 3,202.0 million in 2023, compared to HKD 2,994.3 million in 2022[85] - As of December 31, 2023, the accounts payable and other payables amounted to HKD 2,123.5 million, up from HKD 1,863.6 million as of December 31, 2022[192] Revenue Sources - The group reported external revenue of HKD 4,678,627 for the year, with a segment profit of HKD 381,123[48] - Revenue from interior decoration contracts for 2023 was HKD 5,450,273,000, representing an increase of 18.4% compared to HKD 4,605,440,000 in 2022[171] - The increase in revenue is primarily attributed to multiple large-scale interior decoration projects in Hong Kong and Singapore, generating an additional HKD 1,762.9 million[196] - The group’s revenue from the interior decoration business increased by HKD 844.9 million or 18.3% to HKD 5,450.3 million, compared to HKD 4,605.4 million in the previous year[196] Cash Flow and Dividends - Cash and cash equivalents increased to HKD 1,876.7 million from HKD 1,527.7 million in 2022[4] - The company did not recommend the payment of a final dividend for the year[7] - The company declared a final dividend of HKD 0.06 per share for 2022, down from HKD 0.07 per share in 2021[55] Operational Highlights - The company completed a total of 19 interior decoration projects during the year, with a total contract value of 1,764.2 million HKD, of which 423.4 million HKD was recognized as revenue[66] - As of December 31, 2023, the company had 66 ongoing projects with a total contract value of 10,288.3 million HKD and remaining work value of 5,670.5 million HKD[66] - The company’s employee costs decreased by 11.0 million HKD or 2.1% to 502.5 million HKD, primarily due to an 8.3% reduction in average headcount[80] - The company aims to expand into overseas markets such as Singapore and align its development plans with national and regional strategies to leverage opportunities from the Greater Bay Area and Belt and Road initiatives[82] Market Conditions - The number of visitors to Macau in 2023 was approximately 28.2 million, averaging 77,000 visitors per day, which is 70% of the levels seen in 2019[64] - The total gaming revenue in Macau for 2023 was 183.1 billion MOP, reflecting a year-on-year increase of 333.8%[64] - The overall business environment faces significant challenges due to global trade friction and geopolitical uncertainties, impacting the interior decoration industry[195] - The Hong Kong economy showed a real GDP growth of 3.2% in 2023, despite facing global political tensions and rising interest rate pressures[92] Future Outlook - The company anticipates a slow recovery of the global economy in 2024, with complex geopolitical situations potentially hindering growth in Hong Kong[110] - The company is focusing on expanding domestic demand to foster a virtuous cycle of consumption and investment, aiming for sustained growth post-pandemic[111] - The company expects the Federal Reserve may lower interest rates, which could boost public confidence in the real estate market in Hong Kong[110] Governance and Compliance - The company is committed to maintaining high levels of corporate governance to ensure stable and transparent operations, which is crucial for attracting investments and creating shareholder value[126] - The company has adhered to the corporate governance code and confirmed compliance with the standards for securities trading by its directors[114] - The company’s audit committee has reviewed the financial principles and policies adopted during the year, ensuring consistency with the audited financial statements[115]

期內，按公允值計入損益的金融資產公允值變動收益淨額3,118,000港元（截至2022年6月30日止六個月：虧損淨 額3,099,000港元）於損益確認。 應收票據（扣除信用損失撥備）的賬齡如下： 於2023年6月30日及2022年12月31日，其他應收款項指已付同系附屬公司按金及應收同系附屬公司租金。 於報告期末，應付貿易賬款及其他應付款項包括未付貿易金額及日常經營成本。貿易採購的信貸期為7至45日。 於2022年12月31日，其他應付款項指應付予一間同系附屬公司的辦公室租賃物業裝修款項及預收一間同系附屬 公司的租金收入。結餘已於本期間結算或動用。 本附註載列有關本集團如何釐定各種金融資產及金融負債的公允值的資料。 於損益確認的公允值變動收益 800 於2023年6月30日及2022年12月31日，若干履約保函及若干投標保函已由若干已抵押銀行存款作抵押。 主要管理人員的薪酬乃由本公司董事經考慮個人及本集團的表現後釐定。 非流動資產 20,812 18,438 2023年中期報告 承達集團有限公司 32 本集團給予應收關聯公司貿易賬款為期30日的信貸期。於2023年6月30日及2022年12月31日，根據發票 ...

未分配其他收入 25,335 未分配公司開支 (18,416) 未分配融資成本 (440) 除稅前利潤 146,639 | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |-------------------|-----------------------|-----------------------|-----------------------|-----------------------|-----------------------------------------------------------------------------|-----------------------|-----------------------|-----------------------------|-----------------------| | | 於香港的 | 於澳門的 | 於新加坡的 | 於中國的 | 於香港的 | 製 造、採 購 | | | | | | 室內裝潢 | 室內裝潢 | 室內裝潢 | 室內裝潢 | 改建與加 ...

SUNDART HOLDINGS LIMITED 承達集團有限公司 年報 2022 (根據英屬處女群島法例註冊成立的有限公司) 股份代號 : 1568 2022 年報 SUNDART HOLDINGS LIMITED 承達集團有限公司 Annual Report 公司資料 關於我們 承達為香港、澳門、中國及新加坡領先的綜合室內裝潢工程承建商之一，專門為酒店、商業 樓宇及住宅物業項目提供專業的室內裝潢工程。我們自1996年於香港經營室內裝潢工程業 務，並分別於2005年、2017年及2021年進一步將室內裝潢工程業務拓展至澳門、中國及新 加坡。 我們已承接香港、澳門、中國及新加坡多個大型室內裝潢工程項目。作為一間室內裝潢工程 承建商，我們負責整體項目實施，提供、處理或安排室內裝潢工程所需的必要材料、勞工、 工程方面的專業及技術知識，並執行相應項目管理，確保室內裝潢工程符合合約要求、滿足 客戶的期望以及按時及於預算內完工。 我們亦於國際市場從事製造、採購及分銷室內裝飾材料業務。 1 承達集團有限公司 2022年年報 目錄 2 公司資料 4 釋義 8 主席報告書 12 管理層討論及分析 22 董事及高級管理層履歷 ...

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倚賴該等內容而引致的任何損失承擔任何責任。 承達集團有限公司 （根 據 英 屬 處 女 群 島 法 例 註 冊 成 立 的 有 限 公 司） （股 份 代 號：1568） | --- | --- | --- | --- | |----------------------------------------------------------------------------|---------|-------|-----------------| | | | | | | 財務摘要 （除 非 另 有 指 明，否 則 為 百 萬 港 元） | | | | | | | | 按 年（減 少） | | | 2022 年 | 2021 | 年 增加 | | 收 益 | 4,678.6 | | 5,689.9 (17.8%) | | 毛 利 | 663.7 | | 808.8 (17.9%) | | 毛 ...