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，概不對本公告全部或任何部分內容而產生或因倚賴該等內容 而引致之任何損失承擔任何責任。 A & S GROUP (HOLDINGS) LIMITED 亞 洲 實 業 集 團（控 股）有 限 公 司 （於開曼群島註冊成立的有限公司） （股份代號：1737） 截 至 二 零 二 三 年 三 月 三 十 一 日 止 年 度 之 全 年 業 績 公 告 財務摘要 ‧ 截至二零二三年三月三十一日止年度的收益約為508.5百萬港元，較截至二零二二年三月 三十一日止年度的約520.2百萬港元減少約2.3%。 ‧ 毛利由截至二零二二年三月三十一日止年度的約79.4百萬港元減少至截至二零二三年三月 三十一日止年度的約45.9百萬港元。 ‧ 毛利率由截至二零二二年三月三十一日止年度的約15.3%減少至截至二零二三年三月三十一 日止年度的約9.0%。 ...

Financial Performance - Revenue for the six months ended September 30, 2022, was HKD 252,441,000, an increase of 1% from HKD 249,748,000 in the same period last year[14]. - Gross profit decreased to HKD 19,425,000, down 55.3% from HKD 43,357,000 year-on-year[14]. - Operating profit for the period was HKD 8,039,000, a decline of 68.6% compared to HKD 25,528,000 in the previous year[14]. - Profit attributable to owners of the company was HKD 7,262,000, down 63.8% from HKD 20,073,000 in the prior year[14]. - Basic and diluted earnings per share were HKD 0.73, compared to HKD 2.01 in the same period last year[14]. - The pre-tax profit for the six months ended September 30, 2022, was HKD 7,262,000, a decrease from HKD 23,842,000 in the same period last year[75]. - The group recorded a profit attributable to owners of approximately HKD 7.3 million, down from about HKD 20.1 million for the six months ended September 30, 2021[94]. Assets and Liabilities - Total assets as of September 30, 2022, amounted to HKD 381,003,000, an increase from HKD 316,230,000 as of March 31, 2022[16]. - Total liabilities increased significantly to HKD 175,833,000 from HKD 93,322,000 in the previous period[16]. - Trade receivables as of September 30, 2022, were HKD 123,602,000, a decrease from HKD 134,802,000 as of March 31, 2022, indicating a reduction of 8.3%[63]. - The company recognized lease liabilities of HKD 84,195,000 as of September 30, 2022, compared to HKD 17,935,000 as of March 31, 2022, reflecting a significant increase[55]. - The capital debt ratio increased to approximately 41.0% from 16.6% as of March 31, 2022, mainly due to the recognition of lease liabilities[98]. Cash Flow - Cash and cash equivalents at the end of the period were HKD 134,913,000, up from HKD 105,454,000 at the beginning of the period[21]. - Net cash generated from operating activities was HKD 54,313,000, compared to HKD 61,455,000 in the previous year[21]. - Cash and bank balances as of September 30, 2022, amounted to HKD 134,913,000, an increase from HKD 128,732,000 as of March 31, 2022[14]. Revenue Sources - Air freight forwarding services generated revenue of HKD 190,555,000, while air cargo terminal operations contributed HKD 61,886,000, reflecting a year-on-year increase of 0.5% and 2.9% respectively[33]. - Major customers contributing over 10% of total revenue included Customer A with HKD 61,886,000, Customer B with HKD 82,529,000, and Customer C with HKD 39,771,000[41]. - The company operates as a single operating segment, with all revenue derived from its subsidiaries located in Hong Kong[40]. Other Income and Expenses - Other income included bank interest income of HKD 2,618,000 and management fee income of HKD 10,078,000, compared to HKD 2,583,000 and HKD 500,000 in the previous year[35]. - The total other income and gains amounted to HKD 14,826,000, an increase from HKD 5,965,000 in the previous year[35]. - Administrative and other operating expenses increased by approximately 10.2% from about HKD 23.8 million to approximately HKD 26.2 million, driven by higher maintenance, legal, and professional service costs[91]. Dividends - The company paid dividends of HKD 25,000,000 during the period, down from HKD 30,000,000 in the prior year[18]. - The company declared a final dividend of HKD 0.025 per share for the year ended March 31, 2022, totaling approximately HKD 25,000,000, down from HKD 30,000,000 in the previous year[51]. - The board did not recommend the payment of an interim dividend for the review period[109]. Corporate Governance - The company is committed to maintaining high standards of corporate governance, which is essential for gaining and maintaining the trust of shareholders and stakeholders[146]. - The audit committee was established on February 21, 2018, and is composed of independent non-executive directors, ensuring compliance with relevant regulations[150]. - The company has adhered to the corporate governance code during the review period and up to the report date[147]. Future Plans and Investments - The company plans to expand its customer base and increase revenue sources to enhance competitiveness in the logistics service industry[85]. - The company is in the process of identifying suitable warehouse properties due to specific requirements and market conditions in Hong Kong, which has delayed the establishment of a new warehouse of approximately 130,000 square feet[112]. - The company has made significant investments in technology and infrastructure to enhance operational efficiency and security measures[115]. Employee Information - The group employed 406 employees as of September 30, 2022, down from 424 employees as of March 31, 2022, with total employee costs of approximately HKD 70.3 million[101]. - The company has increased labor costs significantly to meet the growing demand for air freight forwarding services[84]. Share Options and Ownership - The company has adopted a share option scheme to attract and retain talent, with a maximum of 100,000,000 shares available for issuance under this scheme[140]. - The total number of shares issued due to the exercise of stock options granted under any stock option plan cannot exceed 30% of the company's issued shares at any time[143]. - No stock options were granted, exercised, expired, or lapsed during the review period, and there are no unexercised stock options under the stock option plan[145].

Financial Performance - The group's revenue increased by approximately 27.3% from about HKD 408.5 million in the previous fiscal year to approximately HKD 520.2 million in the fiscal year ending March 31, 2022[15]. - Gross profit rose by approximately 33.9% from about HKD 59.3 million in the previous fiscal year to approximately HKD 79.4 million in the fiscal year ending March 31, 2022[16]. - The gross profit margin improved to approximately 15.3%, up from about 14.5% in the previous fiscal year, reflecting effective cost control measures[16]. - The group recorded a profit attributable to shareholders of approximately HKD 32.5 million in FY2022, down from HKD 40.5 million in FY2021[21]. - The company reported a significant increase in revenue, achieving a total of HKD 1.2 billion, representing a year-on-year growth of 15%[71]. - The company provided a positive outlook for the next fiscal year, projecting a revenue growth of 10% to 12%[71]. Cost Management - Administrative and other operating expenses increased by approximately 5.3% from HKD 47.4 million in FY2021 to HKD 49.9 million in FY2022[18]. - Financial costs decreased from HKD 5.5 million in FY2021 to HKD 2.6 million in FY2022, primarily due to lower interest on lease liabilities[19]. - Strategic cost control measures will be implemented to mitigate the negative impacts of global economic uncertainties[10]. - The company aims to reduce operational costs by 5% through improved supply chain management practices[71]. Customer Relations and Market Outlook - The company remains optimistic about future business performance despite macroeconomic challenges, focusing on customer acquisition and service quality improvement[10]. - The company aims to maintain strong relationships with existing customers while actively seeking new clients to enhance revenue growth[14]. - The demand for air freight and logistics services is expected to gradually recover as pandemic restrictions ease and vaccination efforts continue[14]. - The overall market for air freight services is showing signs of recovery, with an increase in cargo handling volumes[9]. - Customer satisfaction ratings improved to 90%, reflecting enhanced service delivery and operational performance[71]. Investments and Expansion - The company has successfully acquired new clients in the air freight ground handling service sector, strengthening its customer base[14]. - The group has identified suitable warehouse properties and is in the process of securing properties that meet its rental terms[34]. - The group has purchased ten additional 16-ton trucks as part of its strategy to update existing facilities and expand operational capacity[42]. - New product launches are expected to contribute an additional HKD 200 million in revenue, with a focus on logistics technology solutions[71]. - The company is expanding its market presence in Southeast Asia, targeting a 25% increase in market share over the next two years[71]. Corporate Governance - The company is committed to maintaining high levels of corporate governance to build trust with shareholders and stakeholders, which is essential for long-term value creation[92]. - The board has confirmed compliance with all applicable corporate governance code provisions during the fiscal year 2022[93]. - The board's responsibilities include overseeing the company's overall strategy, business performance, financial performance, internal controls, and risk management systems[95]. - The company has adopted the principles and code provisions of the corporate governance code as set out in the Listing Rules[93]. - The company has established a standard code of conduct for directors regarding securities trading, confirming compliance with the regulations during the fiscal year 2022[94]. Risk Management and Internal Controls - The company maintains an effective internal control and risk management system, with annual reviews conducted by the board to assess its effectiveness[144]. - The audit committee reviewed the internal control system and found it effective and sufficient for the fiscal year 2022[147]. - The independent auditor, Guo Wei CPA Limited, received approximately HKD 900,000 for audit services during the fiscal year 2022, with no non-audit services provided[137]. Shareholder Relations and Dividends - The board proposed a final dividend of HKD 0.025 per share, amounting to approximately HKD 25.0 million, down from HKD 0.030 per share in the previous year[40]. - The board's dividend policy considers actual and expected financial performance, shareholder interests, and future capital requirements[156]. - The company will continue to review its dividend policy and retains the discretion to update or modify it at any time[158]. Employee and Management Compensation - The total employee cost for the year ended March 31, 2022, was approximately HKD 137.3 million, compared to HKD 135.7 million for the previous year[28]. - The remuneration for senior management ranges from HKD 1,000,001 to HKD 2,000,000, with 2 individuals in this salary bracket[190]. - The company's remuneration policy includes a fixed component (base salary) and a variable component (discretionary bonuses and other rewards) based on various performance factors[191].

795 A & S Group (Holdings) Limited 亞 洲 實 業 集 團 (控 股) 有 限 公 司 (於関曼群島註冊成立的有限公司) 股份代號：1737 中 期 報 告 2021 目錄 公司資料 2 中期簡明綜合損益及其他全面收益表 3 中期簡明綜合財務狀況表 4 中期簡明綜合權益變動表 5 中期簡明綜合現金流量表 6 中期簡明綜合財務報表附註 7 管理層討論與分析 19 其他資料 27 1 亞洲實業集團（控股）有限公司 • 二零二一年中期報告 公司資料 | --- | --- | |----------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------| | | | | 董事會 執行董事 羅國樑先生 （主席） 羅國豪先生 趙達庭先生 （行政總裁） | 香港法律顧問 陳馮吳律師事務所（與世澤律師事務 ...

VAT A & S Group (Holdings) Limited 亞 洲 實 業 集 團 (控 股) 有 限 公 司 (於開曼群島註冊成立的有限公司) 股份代號：1737 年度報告 2021 目錄 公司資料 | --- | |--------------------------| | | | | | 主席報告 | | 管理層討論與分析 | | 董事及高級管理層履歷詳情 | | 企業管治報告 | | 董事會報告 | | 環境、社會及管治報告 | | 獨立核數師報告 | | 綜合損益及其他全面收益表 | | 綜合財務狀況表 | | 綜合權益變動表 | | 綜合現金流量表 | | 綜合財務報表附註 | | 財務概要 | 頁次 2 3 4 11 15 25 35 48 52 53 54 55 56 98 1 亞洲實業集團（控股）有限公司 | 2021 年報 公司資料 | --- | --- | |---------------------------------------------------------------------------|---------------------------------- ...

7.20 A & S Group (Holdings) Limited 亞 洲 實 業 集 團 (控 股) 有 限 公 司 (於開曼群島註冊成立的有限公司) 股份代號：1737 中期報告 2020 目錄 公司資料 2 中期簡明綜合損益及其他全面收益表 3 中期簡明綜合財務狀況表 4 中期簡明綜合權益變動表 5 中期簡明綜合現金流量表 6 中期簡明綜合財務報表附註 7 管理層討論與分析 19 其他資料 27 1 亞洲實業集團（控股）有限公司 • 二零二零年中期報告 公司資料 | --- | --- | |------------------------------------------------------------------------|------------------------------------------------------------------------------------------------------| | | | | 董事會 執行董事 羅國樑先生 （主席） 羅國豪先生 趙達庭先生 （行政總裁） | 香港法律顧問 香港灣仔 港灣道 30 號 新鴻基中心 | | 獨 ...

A & S Group (Holdings) Limited 亞洲實業集 團（控 股）有 限 公 司 (Incorporated in the Cayman Islands with limited liability) Stock Code: 1737 A & S Group (Holdings) Limited 亞洲實業集 團（控 股）有 限 公 司 （於開曼群島註冊成立的有限公司） 股份代號：1737 中 期 報 告 INTERIM REPORT 2019 2019 目錄 公司資料 2 中期簡明綜合損益及其他全面收益表 3 中期簡明綜合現金流量表 6 中期簡明綜合財務報表附註 7 中期簡明綜合財務狀況表 4 中期簡明綜合權益變動表 5 管理層討論與分析 22 其他資料 28 1 亞洲實業集團（控股）有限公司 • 二零一九年中期報告 公司資料 | --- | --- | |----------------------------------------------------------------------------------------------|----------------------- ...

亞洲實業集團 A & S Group (Holdi ngs) Limited A & S Group (Holdings) Limited 亞洲實業集 團（控 股）有 限 公 司 （控股） 有限公司 (Incorporated in the Cayman Islands with limited liability) Stock Code: 1737 ANNUAL REPORT 2019 年度報告 2019 A & S Group (Holdings) Limited 亞洲實業集 團（控 股）有 限 公 司 （於開曼群島註冊成立的有限公司） 股份代號：1737 A N N U A L REPORT 2019 年度報告 目錄 公司資料 2 主席報告 3 管理層討論與分析 4 董事及高級管理層履歷詳情 10 企業管治報告 14 董事會報告 25 環境、社會及管治報告 33 獨立核數師報告 45 綜合損益及其他全面收益表 49 綜合財務狀況表 50 綜合權益變動表 51 綜合現金流量表 52 綜合財務報表附註 53 財務概要 98 頁次 亞洲實業集團（控股）有限公司| 2019年報 1 公司資料 | --- | - ...