Financial Performance - The company's total revenue for the year ended December 31, 2023, was approximately HKD 314.8 million, a slight increase of about 0.3% from HKD 313.8 million in 2022[3] - The net loss attributable to shareholders for the year was approximately HKD 74.7 million, compared to a loss of HKD 27.5 million in 2022, resulting in a basic loss per share of HKD 0.043[3] - The total comprehensive loss for the year ended December 31, 2023, was HKD 72,693,000, compared to a loss of HKD 29,187,000 in 2022, representing an increase in loss of approximately 148.5%[31] - The loss attributable to owners of the company for the year was HKD 73,510,000, compared to a loss of HKD 28,588,000 in the previous year, indicating a significant increase in loss of approximately 157.5%[31] - Basic and diluted loss per share for the year was HKD 8.0 cents, compared to HKD 4.3 cents in 2022, reflecting a 86.0% increase in loss per share[31] - The group reported a loss of approximately HKD 74.7 million for the year, an increase of about HKD 47.2 million (or approximately 171.6%) compared to a loss of HKD 27.5 million in 2022[90] - The loss attributable to the company's owners for 2023 was approximately HKD 73.5 million, up by about HKD 44.9 million (or approximately 157.0%) from HKD 28.6 million in 2022[91] Revenue Breakdown - Revenue from the China market decreased by approximately HKD 12.3 million (or about 4.4%) to HKD 266.3 million, accounting for 84.6% of total revenue[5] - Revenue from the overseas market increased by approximately HKD 13.3 million (or about 37.8%) to HKD 48.5 million, representing 15.4% of total revenue[6] - Revenue from consulting services rose to approximately HKD 51.9 million, an increase of about HKD 15.9 million (or about 44.2%) compared to HKD 36.0 million in 2022[15] - Revenue from oilfield project tools and services decreased by approximately HKD 14.9 million (or about 5.4%) to HKD 262.9 million, primarily due to reduced sales of completion tools in the China market[14] - Revenue from the Middle East increased by approximately HKD 17.2 million (or about 56.2%) to HKD 47.8 million, driven by increased supervisory services[11] - Revenue from the North China region increased by approximately HKD 5.6 million (or about 9.0%) to HKD 67.7 million, mainly due to increased production services[8] - Revenue from the North West China region decreased by approximately HKD 10.8 million (or about 29.6%) to HKD 25.7 million, primarily due to reduced production and drilling services[9] - Revenue from Customer 1 was approximately HKD 166.9 million, down by about HKD 50.4 million (or approximately 23.2%) from HKD 217.3 million in 2022, mainly due to reduced services in Southwestern and Northwestern China[24] - Revenue from Customer 2 increased by approximately HKD 18.7 million (or approximately 38.9%) to HKD 66.8 million in 2023, driven by increased production services in Northern China[24] Operational Highlights - The group completed drilling services for 15 wells in 2023, compared to 14 wells in 2022[18] - The group expects stable market demand for its production enhancement services in China in 2024, despite a significant decline in consulting service scale in the Middle East[28] - Employee count increased by approximately 3.2% to 256 as of December 31, 2023, from 248 in the previous year[25] - Research and development expenses increased to HKD 23.7 million in 2023, up from HKD 15.6 million in 2022[30] Asset and Liability Management - Non-current assets decreased from HKD 370,423,000 in 2022 to HKD 256,384,000 in 2023, a decline of approximately 30.8%[33] - Current assets slightly increased from HKD 452,989,000 in 2022 to HKD 455,627,000 in 2023, showing a marginal growth of about 0.6%[33] - Current liabilities decreased from HKD 427,278,000 in 2022 to HKD 433,123,000 in 2023, an increase of approximately 1.4%[33] - The company's net assets decreased from HKD 261,735,000 in 2022 to HKD 191,155,000 in 2023, a decline of approximately 27.0%[34] - The company reported a significant decrease in intangible assets from HKD 85,656,000 in 2022 to HKD 26,756,000 in 2023, a reduction of approximately 68.8%[33] - The group secured additional loan financing of RMB 46,390,000 from a bank in China to support operational funding for oil and gas projects[50] - The group also obtained a loan of RMB 30,000,000 from a lending company in China, which has not yet been drawn down[50] - The group's total borrowings were approximately HKD 187.1 million, down from HKD 227.4 million in 2022, with 54.5% due within one year[101] - The asset-liability ratio as of December 31, 2023, was approximately 45.3%, compared to 42.2% in 2022[103] Financial Reporting and Compliance - The company has not adopted any new or revised international financial reporting standards that would have a significant impact on the financial statements for the current year[38] - The company is currently evaluating the impact of new international accounting standards that have been issued but are not yet effective, expecting no significant impact on its financial position[43] - The audit committee, consisting of three independent non-executive directors, has reviewed the consolidated financial statements for the year[112] - The financial data for the group as of December 31, 2023, has been verified by the auditor, but no audit opinion has been issued[111] Other Financial Metrics - The group recorded a net profit from associates of approximately HKD 8.7 million, compared to HKD 3.6 million in 2022[89] - The group recognized an impairment loss of HKD 58.9 million related to goodwill due to expected non-renewal of certain contracts in 2024[84] - Other income increased to approximately HKD 28.3 million from HKD 2.5 million in 2022, primarily due to gains from the sale of interests in associates and government subsidies[85] - The company reported a net financing cost of HKD 11,545,000 for 2023, up from HKD 6,035,000 in 2022, indicating increased financial burdens[62] - The company reported a net financing income of HKD 3,458,000 for 2023, down from HKD 4,773,000 in 2022, reflecting reduced income from financing activities[62] - The group experienced a significant increase in other income and losses, reporting HKD 28,324,000 for 2023 compared to HKD 2,546,000 in 2022, indicating improved performance in this area[60]

Financial Performance - For the first half of 2023, the company reported revenue of approximately HKD 103.2 million, a 53.8% increase from HKD 67.1 million in the first half of 2022[5] - The loss attributable to the company's owners decreased by approximately 54.6% to about HKD 17.1 million, compared to HKD 37.7 million in the first half of 2022[6] - Revenue for the six months ended June 30, 2023, was HKD 103,215,000, an increase of 54% compared to HKD 67,068,000 in the same period of 2022[97] - The company reported a net loss of approximately HKD 18.0 million, compared to a loss of HKD 37.4 million in the same period of 2022[44] - The company recorded a net loss of approximately HKD 17,973,000 for the six months ended June 30, 2023[110] - The total comprehensive loss for the period was HKD 21,174,000, compared to HKD 40,778,000 in the same period of 2022[99] - Basic and diluted loss per share was HKD 1.0, an improvement from HKD 2.2 in the previous year[99] Revenue Breakdown - Revenue from the Chinese market increased by approximately 61.1% to HKD 82.0 million, up from HKD 50.9 million in the first half of 2022[10] - Revenue from the overseas market rose by approximately 30.9% to HKD 21.2 million, compared to HKD 16.2 million in the first half of 2022[10] - Revenue from enhanced oil recovery services increased by approximately 72.2% to HKD 71.8 million, driven by increased services in Northern China and Southwest China[30] - The revenue from oilfield project tools and services in the first half of 2023 was approximately HKD 81.2 million, an increase of about HKD 30.1 million or approximately 58.9% compared to HKD 51.1 million in the same period of 2022[17] - The revenue from consulting services in the first half of 2023 was approximately HKD 22.0 million, an increase of about HKD 6.0 million or approximately 37.5% compared to HKD 16.0 million in the same period of 2022[18] - The revenue from production enhancement services was approximately HKD 71.8 million in the first half of 2023, an increase of about HKD 30.1 million or approximately 72.2% compared to HKD 41.7 million in the same period of 2022[21] Operational Highlights - The increase in revenue was driven by strong demand for enhanced oil recovery services in shale gas projects in China due to favorable national policies[5] - The company primarily engaged in enhanced oil recovery services, drilling services, consulting services, and related product trading activities during the first half of 2023[5] - The company recorded an operating loss of approximately HKD 10.7 million, a significant improvement from a loss of HKD 29.1 million in the first half of 2022[40] - R&D expenses increased by approximately 102.0% to HKD 10.1 million, reflecting greater investment in gas hydrate technology[35] Market and Regional Performance - In the Chinese Southwest region, revenue increased by approximately 74.0% to HKD 38.8 million, up from HKD 22.3 million in the first half of 2022[11] - Revenue from the Chinese Northern region doubled to HKD 37.8 million, a 100.0% increase from HKD 18.9 million in the first half of 2022[12] - Revenue from the Middle East increased by approximately 44.5% to HKD 21.1 million, up from HKD 14.6 million in the first half of 2022[14] Financial Position - The company's property, plant, and equipment decreased by approximately 14.2% to HKD 140.5 million, mainly due to depreciation and currency depreciation[46] - The equity in joint ventures was approximately HKD 68.1 million, down from HKD 73.7 million, primarily due to losses from a joint venture and currency depreciation[47] - As of June 30, 2023, the group's inventory was approximately HKD 13.5 million, an increase of about HKD 0.6 million (or approximately 4.7%) compared to HKD 12.9 million on December 31, 2022[52] - Trade receivables as of June 30, 2023, were approximately HKD 195.9 million, a decrease of about HKD 24.8 million (or approximately 11.2%) from HKD 220.7 million on December 31, 2022[53] - Cash and cash equivalents were approximately HKD 22.2 million as of June 30, 2023, a decrease of about HKD 17.8 million from HKD 40.0 million on December 31, 2022[57] Shareholder Information - As of June 30, 2023, Mr. Wang Jinlong holds 488,920,138 shares, representing approximately 28.32% of the company's equity[81] - Major shareholders include Junze, which holds 488,920,138 shares, representing approximately 28.32% of the issued share capital[84] - The company has a total of 826,189,898 shares held in trust by HSBC International Trustee, representing approximately 47.85%[84] - The company reported a significant shareholder concentration, with Mr. Li holding 826,189,898 shares, representing 47.85% of the issued share capital[86] Governance and Compliance - The company has established an audit committee consisting of three independent non-executive directors to review the unaudited interim financial information[79] - The company has complied with the corporate governance code in all applicable aspects during the first half of 2023[79] - The company is actively managing its shareholder base and ensuring compliance with securities regulations[87] Future Outlook - The company remains cautiously optimistic about future market demand for its oilfield services and plans to explore profitable investment opportunities[29] - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[96] - The company’s ability to continue as a going concern is subject to significant uncertainties, including the ability to generate sufficient financing and operational cash flow[115]

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，概不對因本公告全部 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。 PETRO-KING OILFIELD SERVICES LIMITED 百勤油田服務有限公司 （於英屬維爾京群島註冊成立的有限公司） 2178 （股份代號： ） 截至二零二三年六月三十日止 六個月的中期業績公告 百勤油田服務有限公司（「本公司」）董事（「董事」）會（「董事會」）謹此呈列本公司及 其附屬公司（統稱「本集團」、「我們」或「我們的」）截至二零二三年六月三十日止六 個月（「二零二三年上半年」）的未經審核綜合業績，連同截至二零二二年六月三十 日止六個月（「二零二二年上半年」）的比較數字。 業務回顧 二零二三年上半年的本集團收益及虧損分別為約103.2百萬港元（二零二二年上半 年：67.1百萬港元）及約18.0百萬港元（二零二二年上半年：約37.4百萬港元）。二零 二三年上半年的本公司擁有人應佔每股基本虧損為約1.0港仙（二零二二年上半 年：約2.2港仙）。董事會議決不派付二零二三年上半年中期股息 ...

Financial Performance - The company's revenue for the year ended December 31, 2022, was approximately HKD 313.8 million, representing a 91.4% increase compared to HKD 163.9 million in 2021[5] - The operating loss decreased by 69.8% to HKD 24.3 million in 2022 from HKD 80.5 million in 2021[5] - The company reported a basic loss per share of HKD 1.7, a 63.8% improvement from HKD 4.7 in 2021[5] - The group reported a loss of approximately HKD 27.5 million for the year, a reduction of about HKD 67.1 million (or approximately 70.9%) from a loss of HKD 94.6 million in 2021[57] - The loss attributable to the company's owners for 2022 was approximately HKD 28.6 million, down by about HKD 65.9 million (or approximately 69.7%) from HKD 94.5 million in 2021[58] Revenue Breakdown - Revenue from the China market rose by approximately 108.1% from about HKD 133.9 million in 2021 to approximately HKD 278.6 million in 2022, primarily due to increased production services[25] - Revenue from the overseas market increased by approximately 16.9% from about HKD 30.1 million in 2021 to approximately HKD 35.2 million in 2022, driven by increased supervisory and production services in the Middle East[26] - Revenue from oilfield project tools and services was approximately HKD 277.8 million in 2022, a 104.4% increase from about HKD 135.9 million in 2021[34] - Revenue from consulting services increased by approximately 28.1% from about HKD 28.1 million in 2021 to approximately HKD 36.0 million in 2022[35] - In 2022, the company's revenue from production enhancement services was approximately HKD 243.4 million, an increase of about HKD 147.1 million (or approximately 152.8%) compared to HKD 96.3 million in 2021[36] Assets and Liabilities - The total assets increased by 14.9% to HKD 823.4 million in 2022 from HKD 716.5 million in 2021[6] - The total liabilities rose by 31.9% to HKD 561.7 million in 2022 from HKD 425.8 million in 2021[6] - The current ratio for 2022 was 1.06, slightly down from 1.11 in 2021[7] - The debt-to-equity ratio increased to 42.2% in 2022 from 35.5% in 2021[7] Market Demand and Strategy - The company experienced strong market demand for shale gas field production enhancement services in China due to robust international oil prices and supportive national policies[16] - The group plans to continue marketing and promoting its oilfield services and technologies to enhance market penetration in 2023[19] - The group aims to explore other profitable investment opportunities to diversify its business, including underground thermal energy projects[19] - The group maintains a cautiously optimistic outlook for its future performance, supported by stable international oil prices and strong demand for its services[19] Employee and Training - The employee count increased to 248 as of December 31, 2022, representing a growth of approximately 16.4% compared to 213 employees in the previous year[73] - The company conducted 108 training sessions totaling over 8,328 hours, with 186 employees participating in these courses in 2022[72] - 75% of employees received training during the reporting period, totaling 8,328 hours, with an average of 44.8 hours per employee[154] - 42% of senior management received training, averaging 105.6 hours per employee, while 38% of middle management received an average of 93.2 hours[155] Environmental and Sustainability Efforts - The company has set several sustainability-related goals, including emission reduction and energy conservation targets, to ensure sustainable operations and long-term business growth[85] - The company generated a total greenhouse gas emission of 13,922.14 tons of CO2 equivalent during the reporting period, a significant increase from 1,864.70 tons in the previous year[102] - The company has implemented various environmental management systems, including ISO 14001 certification, to mitigate potential environmental impacts[98] - The company is committed to supporting China's goal of achieving carbon neutrality by 2060 and has not received complaints regarding environmental pollution during the reporting period[121] Corporate Governance - The group has a significant shareholder, Junze Group Limited, which holds approximately 28.32% of the issued share capital, equating to 488,920,138 shares[178] - The board consists of 2 executive directors, 2 non-executive directors, and 3 independent non-executive directors, ensuring a diverse governance structure[175] - The company emphasizes the importance of board diversity as a key element in achieving strategic goals and sustainable development[188] - The group has implemented a whistleblowing policy to allow employees to report unethical behavior confidentially[171] Health and Safety - The company has a commitment to employee health and safety, achieving ISO 45001 certification for occupational health and safety management[143] - There were no reported fatalities due to work-related incidents in the last three reporting years, and only one work-related injury occurred during the reporting period[150][149] - All employees are required to undergo health checks before employment and receive mandatory annual health checks[145]

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，概不對因本公告全部 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。 PETRO-KING OILFIELD SERVICES LIMITED 百勤油田服務有限公司 （於英屬維爾京群島註冊成立的有限公司） 2178 （股份代號： ） 截至二零二二年十二月三十一日止年度的全年業績公告 百勤油田服務有限公司（「本公司」）董事（「董事」）會（「董事會」）謹此呈列本公司及 其附屬公司（統稱「本集團」、「我們」或「我們的」）截至二零二二年十二月三十一日 止年度（「本年度」或「二零二二年」）的全年業績。 概述 本集團本年度的收入及虧損分別約為313.8百萬港元（二零二一年：233.8百萬港元， 包括持續經營業務及已終止經營業務）及27.5百萬港元（二零二一年：76.7百萬港 元，包括持續經營業務及已終止經營業務）。本年度本公司擁有人應佔每股基本 虧損為1.7港仙（二零二一年：4.7港仙，包括持續經營業務及已終止經營業務）。董 事會已議決不建議派付本年度任何末期股息（二零二一年：無）。 ...

Financial Performance - The company's revenue decreased by approximately 51.9% from HKD 139.4 million in the first half of 2021 to HKD 67.1 million in the first half of 2022[12]. - The loss attributable to the company's owners increased by approximately 163.6% to about HKD 37.7 million in the first half of 2022, compared to HKD 14.3 million in the same period of 2021[14]. - In the first half of 2022, total revenue was approximately HKD 67.1 million, a decrease of about 3.6% from approximately HKD 69.6 million in the same period of 2021[46]. - The group recorded an operating loss of approximately HKD 29.1 million in the first half of 2022, compared to an operating loss of HKD 17.9 million in the same period of 2021[56]. - The company reported a loss from continuing operations of HKD 37,419,000 for the period, compared to a loss of HKD 26,091,000 in the same period last year[139]. - The total comprehensive loss attributable to the company's owners for the six months ended June 30, 2022, was HKD (37,724) thousand, compared to a loss of HKD (14,266) thousand in the same period of 2021[141]. Revenue Breakdown - Revenue from enhanced oil recovery services increased by approximately 26.4% to HKD 41.7 million in the first half of 2022, up from HKD 33.0 million in the first half of 2021[12]. - Revenue from drilling services decreased by approximately 53.5% to HKD 9.4 million in the first half of 2022, down from HKD 20.2 million in the first half of 2021[12]. - Revenue from consulting services increased by approximately 10.3% to HKD 16.0 million in the first half of 2022, compared to HKD 14.5 million in the first half of 2021[12]. - Revenue from Southwestern China increased to approximately HKD 22.3 million, up 355.1% from HKD 4.9 million year-on-year, primarily due to increased production services[20]. - Revenue from Northwestern China was approximately HKD 8.5 million, an increase of 11.8% from HKD 7.6 million in the previous year, attributed to increased drilling services[20]. - Revenue from other regions in China dropped to approximately HKD 1.2 million, a decrease of 97.1% from HKD 41.6 million, mainly due to the cessation of manufacturing operations[20]. Market and Shareholder Information - The company's market share in China accounted for approximately 75.9% of total revenue in the first half of 2022, down from 75.2% in the first half of 2021[15]. - Major shareholder君澤 holds 488,920,138 shares, representing approximately 28.32% of the issued share capital[114]. - The company has a significant concentration of ownership, with the top three shareholders collectively owning over 75% of the shares[114]. - The total number of shares held by the top five shareholders exceeds 1.5 billion shares, indicating a strong influence over corporate decisions[117]. Costs and Expenses - Employee benefits expenses for the first half of 2022 totaled approximately HKD 25.2 million, compared to HKD 22.1 million in the same period of 2021, reflecting a focus on talent acquisition and retention[40]. - The cost of materials was approximately HKD 7.4 million, a decrease of about 5.1% from HKD 7.8 million in the first half of 2021, representing about 11.0% of total revenue[48]. - R&D expenses surged to approximately HKD 5.0 million in the first half of 2022, a significant increase of about 194.1% from HKD 1.7 million in the same period of 2021, driven by investments in gas hydrate and rotary drilling tools[51]. Financial Position and Liquidity - The group recorded a loss attributable to owners of approximately HKD 37.7 million in the first half of 2022, compared to a loss of HKD 14.3 million in the same period of 2021[62]. - As of June 30, 2022, the group's cash and cash equivalents were approximately HKD 21.0 million, down by about HKD 5.5 million from HKD 26.5 million on December 31, 2021[78]. - The debt-to-equity ratio as of June 30, 2022, was approximately 33.9%, down from 35.5% on December 31, 2021[80]. - The group did not have any off-balance-sheet arrangements as of June 30, 2022[82]. - The company reported a net cash flow from operating activities of HKD 9,747,000 for the six months ended June 30, 2022, compared to a net cash outflow of HKD 42,835,000 in the same period of 2021[155]. Strategic Initiatives - The company plans to continue marketing and promoting its oilfield services and technologies to enhance market penetration and explore profitable investment opportunities[45]. - The company plans to continue focusing on market expansion and new product development as part of its strategic initiatives[139]. - The company is actively seeking to maintain existing financing from banks in China to support operational cash flow needs[165]. Corporate Governance - The company did not declare an interim dividend for the first half of 2022, consistent with the previous year[14]. - The company has maintained compliance with the corporate governance code throughout the first half of 2022[102].

Financial Performance - Total revenue for the year ended December 31, 2021, was approximately HKD 233.8 million, a decrease of about 40.0% from HKD 389.9 million in 2020[20] - The company reported a net loss of approximately HKD 76.7 million for the year, a slight decrease of 2.5% compared to a loss of HKD 78.7 million in 2020[20] - Basic loss per share for the year was HKD 4.7 cents, compared to HKD 4.2 cents in 2020, reflecting an increase of 11.9%[7] - The company did not recommend any final dividend for the year, consistent with the previous year[18] - The company recorded a pre-tax gain of approximately HKD 23.5 million from the sale of Star Petrotech, which is now a wholly-owned subsidiary of Baikin Huizhou[22] - The company reported an operating loss of approximately HKD 80.6 million for the year, an increase of about 51.5% from an operating loss of HKD 53.2 million in the previous year[70] Revenue Breakdown - Revenue from enhanced oil recovery services decreased significantly by approximately 57.8% due to project delays in the southwest region of China[20] - Revenue from drilling services decreased by about 16.0% as the company ceased providing services to a private enterprise in northwest China[20] - Revenue from the Chinese market decreased by approximately 44.1% from HKD 332.8 million in 2020 to HKD 186.1 million in 2021, primarily due to reduced production services provided to clients[27] - Revenue from overseas markets decreased by approximately 16.5% from HKD 57.1 million in 2020 to HKD 47.7 million in 2021, mainly due to reduced production services and project management services in the Middle East[28] - Revenue from the Middle East decreased by approximately 5.2% from HKD 36.2 million in 2020 to HKD 34.3 million in 2021, attributed to reduced production services provided to a client in the region[33] - Revenue from other overseas regions decreased by approximately 35.9% from HKD 20.9 million in 2020 to HKD 13.4 million in 2021, mainly due to decreased sales of completion tools[34] - In 2021, the revenue from oilfield project tools and services was approximately HKD 199.0 million, a decrease of about HKD 140.5 million (or 41.4%) compared to 2020's HKD 339.5 million[37] - Revenue from consulting services in 2021 was approximately HKD 28.1 million, down by about HKD 15.6 million (or 35.7%) from HKD 43.7 million in 2020[37] - Revenue from the increase production services was approximately HKD 99.6 million in 2021, a significant decrease of about HKD 136.3 million (or 57.8%) from HKD 235.9 million in 2020[45] - The revenue from drilling services was approximately HKD 28.8 million in 2021, a decrease of about HKD 5.5 million (or 16.0%) compared to HKD 34.3 million in 2020[41] - Revenue from completion services increased slightly to HKD 70.6 million in 2021, up by about HKD 1.3 million (or 1.9%) from HKD 69.3 million in 2020[43] Assets and Liabilities - Total assets decreased by 29.7% to HKD 716.49 million in 2021 from HKD 1,018.69 million in 2020[5] - The company’s total liabilities decreased by 35.9% to HKD 425.81 million in 2021 from HKD 664.27 million in 2020[5] - The current ratio improved to 1.11 in 2021 from 0.94 in 2020, indicating better short-term financial health[8] - The group's property, plant, and equipment amounted to approximately HKD 157.6 million, a decrease of about HKD 174.8 million (or approximately 52.6%) compared to HKD 332.4 million on December 31, 2020, primarily due to the sale of Baikin Huizhou and its subsidiaries[75] - The group's intangible assets, including goodwill, were approximately HKD 85.7 million as of December 31, 2021, a decrease of about 10.4% or HKD 10.0 million from HKD 95.7 million on December 31, 2020, mainly due to a goodwill impairment loss of approximately HKD 9.8 million[78] - The group's cash and cash equivalents were approximately HKD 26.5 million as of December 31, 2021, a decrease of about HKD 3.1 million from HKD 29.6 million on December 31, 2020[91] - The group's total bank and other borrowings were approximately HKD 185.3 million as of December 31, 2021, down from HKD 327.2 million on December 31, 2020, with about 62.1% due within one year[91] - The group's inventory decreased to approximately HKD 24.3 million as of December 31, 2021, a reduction of about HKD 34.6 million (or approximately 58.7%) from HKD 58.9 million on December 31, 2020[82] - The group's trade receivables were approximately HKD 185.0 million as of December 31, 2021, a decrease of about HKD 55.8 million (or approximately 23.2%) from HKD 240.8 million on December 31, 2020[84] - The group's contract assets were approximately HKD 23.7 million as of December 31, 2021, a decrease of about HKD 94.8 million (or approximately 80.0%) from HKD 118.5 million on December 31, 2020[85] - The group's asset-liability ratio was approximately 35.5% as of December 31, 2021, down from 47.3% in 2020[93] - The group's trade payables were approximately HKD 158.6 million as of December 31, 2021, a decrease of about HKD 14.3 million (or approximately 8.3%) from HKD 172.9 million on December 31, 2020[86] Employee and Operational Metrics - The company had a total of 213 employees as of December 31, 2021, a decrease of approximately 46.1% from 395 employees at the end of the previous year[54] - Employee benefits expenses were approximately HKD 62.1 million, a decrease of about 13.8% from HKD 72.0 million in the previous year, attributed to a reduction in employee numbers following the sale of subsidiaries[59] - The total employee turnover rate for the reporting period was 9.39%, with 20 employees leaving the company[169] - 77% of employees received training during the reporting period, totaling 7,273 hours, with an average of 34 hours per employee[183] - The group provides competitive compensation and benefits, including social insurance, paid leave, and annual bonuses based on the length of employment[164] - The group has a total of 134 suppliers, with the majority of goods and services sourced from suppliers in mainland China[192] Environmental, Social, and Governance (ESG) Initiatives - The group received recognition as a high-tech enterprise from various Shenzhen authorities during the reporting period[115] - The group is committed to achieving zero work injuries and zero accidents as part of its operational strategy[112] - The board plans to establish an ESG task force to oversee the implementation of ESG policies[114] - The group emphasizes strict compliance with applicable laws and industry standards to ensure product quality and safety[112] - Key environmental issues identified by stakeholders include energy, emissions, and climate change[109] - The group has obtained multiple certifications, including ISO 14001 for environmental management and ISO 45001 for occupational health and safety[115] - The group engages with stakeholders through monthly meetings and regular surveys to assess important ESG issues[101] - The group integrates social, environmental, and governance considerations into its daily operations[111] - The group achieved a total greenhouse gas emission of 165.71 tons of CO2 equivalent during the reporting period, with a density of 0.14 tons of CO2 equivalent per square meter[122] - Direct emissions (Scope 1) accounted for 60% of total emissions, primarily from gasoline usage, totaling 99.88 tons of CO2 equivalent[124] - The total energy consumption for the group was 377,370 kWh, with a density of 314.68 kWh per square meter and 2.11 MWh per employee[136] - Gasoline represented 88.2% of the total energy consumption, while electricity accounted for 11.8%[138] - The group generated 0.0 tons of hazardous waste during the reporting period, a significant reduction from 3.64 tons in 2020[126] - Non-hazardous waste produced was 2 tons, down from 124.22 tons in 2020, with a density of 1.67 kg per square meter[129] - The group has set a target to reduce total emissions by 10% by the fiscal year 2031[130] - The group implemented various air pollution control measures, including regular monitoring and maintenance of production facilities[130] - The group encourages employees to use public transportation and low-emission vehicles to reduce vehicle emissions[131] - The group actively promotes waste reduction measures, such as double-sided printing and electronic documentation[133] - The total water consumption of the group during the reporting period was 106 cubic meters, with a significant decrease in energy consumption density to 0.59 cubic meters per employee or 0.08 cubic meters per square meter compared to the previous reporting period's density of 0.86 cubic meters per square meter[140][146]. - The group has implemented various measures to optimize energy usage, including setting air conditioning to a preset temperature of 26°C during summer to save energy[143]. - The group has installed water-saving faucets in its Shenzhen office and has not encountered any issues in procuring water resources during the reporting period[144]. - The group is aware of climate change risks and reports annually to senior management on these risks, with strategies in place to mitigate them[148]. - The group aims to improve management and technology levels to enhance operational efficiency and competitiveness while exploring new clean energy technologies[151]. - The group has taken measures to monitor greenhouse gas emissions and set reduction policies to minimize environmental impact[152]. - The group has not received complaints regarding air pollution, odors, noise, or other environmental pollution incidents from surrounding communities during the reporting period[146]. Health and Safety - The company has achieved ISO 45001 certification for occupational health and safety management systems[174] - There were no reported fatalities due to work-related incidents in the last three reporting years, with only one work injury incident occurring during the reporting period[179] - The company provided earplugs to employees exposed to noise hazards, and noise levels were compliant with the industrial noise emission standards[178] - All frontline workers are required to wear personal protective equipment (PPE) during work hours[176] - The company has implemented a health and safety management program to identify and assess occupational hazards[175] - The company has established a pandemic response team to manage COVID-19 prevention measures and ensure employee safety[179] Quality Management - The group has implemented ISO 9001 quality management system since 2006 to ensure consistent and reliable production processes[194] - The group has a robust product inspection and testing system to ensure product safety and reliability[196] - There were no complaints received during the reporting period, and no product recalls due to safety and health reasons[198] - The group has established policies for product recalls and customer complaints, ensuring corrective actions are taken when necessary[198] - The group actively reviews and updates its quality management system in response to market changes[196] - The group has not encountered any violations of labor laws or regulations during the reporting period[187] - The group emphasizes data protection and has implemented management procedures to ensure network security and data confidentiality[199] - The group collaborates closely with suppliers to optimize supply chain management and create sustainable relationships[192]

Petro-king 官姉油服 Promotion l | 版 电 中期報告 百勤油田服務有限公司 (於英屬維爾京群島註冊成立的有限公司) 股份代號: 2178 公司資料 2-3 管理層討論及分析 4-22 其他資料 23-32 中期簡明綜合全面收益表 33-34 中期簡明綜合財務狀況表 35-36 中期簡明綜合權益變動表 37-38 中期簡明綜合現金流量表 39 中期簡明綜合財務資料附註 40-64 目錄 公司資料 | --- | --- | |--------------------------------------------------------------------------------|-----------------------------------------------------------------| | 執行董事 | 提名委員會 | | 王金龍先生 趙錦棟先生 黃瑜先生 | 王金龍先生 （主席） 李銘浚先生 （於二零二一年四月二十一日辭任） | | （於二零二一年四月二十一日獲委任） | 梁年昌先生 湯顯和先生 | | 非執行董事 | 辛俊和先生 | | 李銘浚先生 （於 ...

【零二零年年報 百勤油田服務有限公司 (於英屬維爾京群島註冊成立的有限公司) 股份代號: 2178 Petro-king 百勤油服 目錄 | --- | --- | |--------------------------|--------| | | | | 財務摘要 | 2 | | 企業簡介及架構 | 3 | | 主席報告書 | 4-6 | | 管理層討論與分析 | 7-17 | | 環境、社會及管治報告 | 18-42 | | 企業管治常規 | 43-51 | | 董事及高級管理層 | 52-55 | | 公司資料 | 56-57 | | 董事會報告 | 58-72 | | 獨立核數師報告 | 73-78 | | 綜合財務狀況表 | 79-80 | | 綜合損益及其他全面收益表 | 81-82 | | 綜合權益變動表 | 83-84 | | 綜合現金流量表 | 85-86 | | 綜合財務報表附註 | 87-192 | 1 百勤油田服務有限公司 • 2020年報 財務摘要 | --- | --- | --- | --- | --- | --- | --- | |----------------------- ...

零二零年中期報告 百勤油田服務有限公司 (於英屬維爾京群島註冊成立的有限公司) 股份代號: 2178 Petro-king 百勤油服 目錄 | --- | --- | |------------------------|-------| | | | | 公司資料 | | | 管理層討論及分析 | | | 其他資料 | | | | | | 中期簡明綜合財務狀況表 | | | 中期簡明綜合全面收益表 | | | 中期簡明綜合權益變動表 | | 中期簡明綜合現金流量表 37 中期簡明綜合財務資料附註 38-72 公司資料 2 執行董事 王金龍先生 趙錦棟先生 非執行董事 李銘浚先生 馬華女士 獨立非執行董事 梁年昌先生 湯顯和先生 辛俊和先生 審核委員會 | --- | |-------| | | | | 提名委員會 王金龍先生（主席） 李銘浚先生 梁年昌先生 湯顯和先生 辛俊和先生 制裁監督委員會 梁年昌先生（主席） 王金龍先生 辛俊和先生 公司秘書 佟達釗先生 授權代表 王金龍先生 佟達釗先生 | --- | --- | |--------------------------|-------| | | | | ...