Financial Performance - The total revenue for Kato (Hong Kong) Holdings Limited for the year ended March 31, 2025, was approximately HKD 317.1 million, representing an increase of about 16.9% compared to the previous year[2]. - The profit attributable to the owners of the company for the same period was approximately HKD 21.9 million, a decrease of about 65.9% from the previous year[2]. - The company reported a pre-tax profit of HKD 31.98 million for the year, down from HKD 73.9 million in the previous year[3]. - Basic earnings per share for the year were HKD 2.19, compared to HKD 6.42 in the previous year, reflecting a significant decline[4]. - Total comprehensive income for the year was HKD 19.8 million, down from HKD 91.6 million in the previous year[5]. - The group reported a pre-tax profit of HKD 31,980,000 for the fiscal year ending March 31, 2025, compared to HKD 73,901,000 in the previous year, indicating a decrease of 56.7%[21][22]. - Profit for the year decreased by approximately 67.0% to about HKD 21.1 million from HKD 64.1 million in the previous year[50]. Assets and Liabilities - Non-current assets totaled HKD 716.8 million, a decrease from HKD 763.4 million in the previous year[6]. - Current assets decreased to HKD 92.8 million from HKD 99.9 million in the previous year[6]. - Total liabilities decreased to HKD 367.3 million from HKD 428.8 million in the previous year[7]. - The total assets of the group as of March 31, 2025, amounted to HKD 809,566,000, with non-current assets located in Hong Kong[24]. - The group’s liabilities totaled HKD 367,338,000, with bank borrowings accounting for HKD 207,771,000[24]. - The group’s total liabilities as of March 31, 2025, were HKD 428,774,000, with bank borrowings amounting to HKD 234,314,000[25]. - The group’s net asset value increased to approximately HKD 442.2 million from HKD 434.5 million in the previous year, mainly due to operating profit[51]. - The debt-to-equity ratio decreased to 60.9% from 70.5% in the previous year, due to repayment of bank borrowings during the year[53]. Revenue Breakdown - Revenue from elderly care services was HKD 303,648,000, while the revenue from investment properties was HKD 17,986,000, contributing to the overall revenue[21]. - Revenue from community elderly care services was HKD 11.0 million, representing 3.5% of total revenue, compared to HKD 9.0 million or 3.3% in the previous year[43]. - Revenue from elderly home services amounted to HKD 284.1 million, representing 89.6% of total revenue, an increase from HKD 243.9 million or 90.0% in the previous year[43]. - The group’s rental and management fee income increased to HKD 13.5 million, representing 4.2% of total revenue, up from HKD 8.1 million or 2.9% in the previous year[43]. Dividends - The board has proposed a final dividend of HKD 0.02 per share, subject to approval at the upcoming annual general meeting[2]. - The group declared a final dividend of HKD 20,000,000 for the year ended March 31, 2025, equivalent to HKD 0.02 per share[28]. - The board has proposed a final dividend of HKD 0.02 per share for the year, consistent with the previous year[71]. Employee and Operational Metrics - The group’s employee benefits expenses for the year ended March 31, 2025, were HKD 133,810,000, an increase from HKD 107,656,000 in 2024[26]. - The number of full-time and part-time employees increased to 585 in 2025 from 469 in 2024[63]. - The average monthly occupancy rate for the group was 91.5% in 2025, up from 87.3% in 2024[38]. - The group had a total of 11 care homes as of March 31, 2025, an increase from 9 in 2024, providing 1,378 beds compared to 1,229 beds in the previous year[34]. Future Plans and Developments - The company plans to expand its elderly care services, with a new nursing home in Lam Tin starting operations in June 2024, and a second phase with approximately 146 beds expected to open in June 2025[68]. - A new nursing home in Tsuen Wan, providing 192 beds, is projected to commence operations in Q4 2025 following the acquisition of a target company[68]. - The group completed the acquisition of a nursing home in Tsuen Wan for HKD 2 million, with plans to establish a new nursing home with approximately 192 beds expected to commence operations in Q4 2025[57]. Compliance and Governance - The company emphasizes the importance of compliance with regulatory requirements and has confirmed adherence to all relevant laws and regulations in Hong Kong for the year[64]. - The company has adopted the principles and code provisions of the Corporate Governance Code to ensure prudent regulation of business activities and decision-making processes[78]. - The audit committee has reviewed the accounting policies and the audited consolidated financial statements for the year, confirming compliance with applicable accounting standards[79]. - The external auditor, PwC, confirmed that the financial figures in the announcement are consistent with the audited consolidated financial statements[80]. Market Trends - The elderly population in Hong Kong is projected to increase from 1.45 million in 2021 to 2.74 million by 2046, driving demand for elderly care services[67].

Nursing Home Operations - As of September 30, 2024, the group operates 11 nursing homes with a total of 1,378 beds, an increase from 9 homes and 1,229 beds as of March 31, 2024, representing a growth of approximately 12.1% in bed capacity[8]. - The group has expanded its nursing home network strategically across six regions in Hong Kong, up from five regions previously, enhancing its market presence[8]. - The group has upgraded two nursing homes to Class A status, which indicates higher standards in staffing and facility requirements, effective from August and September 2024[17]. - The total number of beds provided under the Improved Purchase Scheme is 702, while 676 beds are available for private paying clients, indicating a balanced service offering[13]. - The group’s nursing homes operate under several brand names, ensuring a consistent quality of service across its facilities[8]. - The company aims to continue expanding its nursing home facilities to meet the growing demand for elderly care services in Hong Kong[8]. Financial Performance - Revenue for the six months ended September 30, 2024, was approximately HKD 147.97 million, up from HKD 135.16 million for the same period in 2023, representing an increase of about 9.9%[32]. - Revenue from elderly care services increased to HKD 134.05 million, accounting for 90.5% of total revenue, compared to HKD 122.03 million or 90.3% in the previous period[28]. - Profit for the period increased by approximately 26.7% to about HKD 25.5 million, compared to HKD 20.1 million in the previous period[36]. - The average monthly occupancy rate for the group increased from 87.3% as of March 31, 2024, to 89.7% as of September 30, 2024[18]. - The company reported a profit of HKD 25,501,000, compared to HKD 20,126,000 for the same period in 2023, representing a year-over-year increase of approximately 26.8%[100]. - The basic and diluted earnings per share for the period were both HKD 2.57, up from HKD 1.99 in the previous year, indicating a growth of 29.1%[100]. Expenses and Costs - Employee benefits expenses rose from approximately HKD 54.5 million to HKD 58.5 million, primarily due to the opening of two new nursing homes in Lam Tin[33]. - Food and beverage costs increased to approximately HKD 6.3 million from HKD 4.9 million, attributed to the new nursing homes and higher average monthly occupancy rates[34]. - The company incurred net finance costs of HKD 8,148,000 for the period, compared to HKD 4,654,000 in the previous year, indicating an increase of 74.0%[100]. - The total employee benefits expenses for the period are approximately HKD 58.5 million, an increase from HKD 54.5 million in the previous period[62]. Assets and Liabilities - The group’s net assets as of September 30, 2024, were approximately HKD 441.0 million, up from HKD 434.5 million as of March 31, 2024[38]. - The current ratio as of September 30, 2024, was approximately 1.0, down from 1.1 as of March 31, 2024[38]. - Total bank borrowings amount to HKD 221.3 million, with a breakdown of HKD 27.2 million due within one year and HKD 115.2 million due in over five years[47]. - The total liabilities decreased to HKD 398,032,000 from HKD 428,774,000, a reduction of 7.2%[110]. - Total assets as of September 30, 2024, amounted to HKD 838,997,000, a decrease of 2.6% from HKD 863,301,000 as of March 31, 2024[110]. Strategic Initiatives - The company is focused on enhancing its service offerings, including the provision of healthcare products and additional care services to residents[8]. - The company plans to open a new nursing home in Yuen Long, expected to provide approximately 250 beds, with operations starting by the end of 2026[55]. - A new nursing home in Lam Tin with 76 beds commenced operations in June 2024, and a second phase with approximately 146 beds is expected to start by the end of 2024[66]. - The company is expanding its services into the medical diagnostics and health check market, responding to the increasing public awareness of preventive healthcare[69]. Governance and Compliance - The company has adopted the principles and code provisions of the Corporate Governance Code to ensure proper governance of its business activities[94]. - The Audit Committee, established on May 20, 2019, includes three independent non-executive directors and is responsible for reviewing the financial statements and overseeing the financial reporting system[97]. - All directors confirmed compliance with the trading code during the reporting period, adhering to the standards set forth in the company's securities trading policy[85].

Financial Performance - The total revenue for the six months ended September 30, 2024, was approximately HKD 148.0 million, representing an increase of about 9.5% compared to HKD 135.2 million for the same period in 2023[2]. - The profit attributable to the owners of the company for the six months ended September 30, 2024, was HKD 25.7 million, an increase of approximately 28.8% from HKD 19.9 million in the previous period[2]. - Basic and diluted earnings per share for the six months ended September 30, 2024, were HKD 2.57, compared to HKD 1.99 for the same period in 2023[4]. - The total comprehensive income for the six months ended September 30, 2024, was HKD 25.5 million, up from HKD 19.9 million in the previous year[6]. - The net profit before tax for the group was HKD 30,257,000, up from HKD 26,016,000, marking a growth of around 16.5%[26][28]. - The pre-tax profit for the six months ended September 30, 2024, was HKD 25,664,000, a 28.8% increase from HKD 19,930,000 in the same period of 2023[49]. - Profit for the current period increased by approximately 26.7% to about 25.5 million HKD from approximately 20.1 million HKD in the previous period[77]. Assets and Liabilities - Non-current assets as of September 30, 2024, totaled HKD 747.1 million, a decrease from HKD 763.4 million as of March 31, 2024[8]. - Current assets as of September 30, 2024, amounted to HKD 91.9 million, down from HKD 99.9 million as of March 31, 2024[8]. - Total assets as of September 30, 2024, were HKD 839.0 million, compared to HKD 863.3 million as of March 31, 2024[8]. - Total liabilities as of September 30, 2024, were HKD 398.0 million, a decrease from HKD 428.8 million as of March 31, 2024[10]. - Total liabilities for the group amounted to HKD 398,032,000, with segment liabilities for elderly services at HKD 167,322,000 and investment properties at HKD 4,428,000[31]. - The group’s net assets as of September 30, 2024, were approximately 441.0 million HKD, up from 434.5 million HKD as of March 31, 2024[78]. - The debt-to-equity ratio improved to 67.2% as of September 30, 2024, down from 70.5% as of March 31, 2024[81]. Revenue Segments - The elderly services segment generated revenue of HKD 139,755,000, up from HKD 132,025,000 in the previous year, reflecting a growth of about 5.4%[26][28]. - Revenue for the six months ended September 30, 2024, was HKD 147,971,000, an increase of 9.3% compared to HKD 135,157,000 for the same period in 2023[38]. - The revenue from elderly home services increased to HKD 109,503,000, up 10.3% from HKD 99,461,000 year-on-year[38]. - The group’s revenue from the Hong Kong government’s improvement purchase scheme and related services exceeded 10% of total revenue, amounting to approximately HKD 65,602,000 for the period[30]. Operational Highlights - As of September 30, 2024, the group operates 11 nursing homes with a total of 1,378 beds, an increase from 9 homes and 1,229 beds as of March 31, 2024, representing a growth of 12.1% in bed capacity[60]. - The average monthly occupancy rate for the group as of September 30, 2024, was 89.7%, up from 87.3% as of March 31, 2024, indicating an increase of 2.4 percentage points[63]. - The average monthly occupancy rates for individual nursing homes as of September 30, 2024, include 97.1% for 嘉濤耆樂苑 and 86.8% for 輝濤護老院（安麗）[63]. - The group strategically expanded its nursing home network to six districts in Hong Kong as of September 30, 2024, compared to five districts as of March 31, 2024[60]. - The group provides community care services with a total capacity of 100 center-based service slots and 800 home-based service voucher holders as of September 30, 2024, down from 120 and 1,000 respectively as of March 31, 2024[69]. Employee and Operational Costs - Employee benefits expenses increased to approximately 58.5 million HKD from about 54.5 million HKD, primarily due to the operation of two new nursing homes[75]. - Food and beverage costs rose to approximately 6.3 million HKD from about 4.9 million HKD, attributed to the new nursing homes and increased occupancy rates[76]. - The total number of full-time and part-time employees increased to 581 as of September 30, 2024, compared to 469 on March 31, 2024, with employee benefits expenses totaling approximately HKD 58.5 million[96]. Corporate Governance and Compliance - The company aims to maintain high levels of corporate governance to protect shareholder interests[107]. - The company has complied with all corporate governance code provisions during the period, except for the deviation regarding the roles of the chairman and CEO[107][108]. - The audit committee was established on May 20, 2019, and includes three independent non-executive directors[110]. Future Plans and Market Position - The company aims to strengthen its market position as a long-established private nursing home operator in Hong Kong, with a focus on community care programs and high-quality services[97]. - A new nursing home in Lam Tin with 76 beds is set to begin operations in June 2024, with a second phase of approximately 146 beds expected to start by the end of 2024[98]. - The company is expanding into the medical diagnostics and imaging market in Hong Kong, offering various health-related services to meet the growing public demand for preventive healthcare[98]. - The projected increase in the elderly population in Hong Kong from 1.45 million in 2021 to 2.74 million by 2046 is expected to drive demand for nursing home services[97]. Stock Options and Share Capital - A total of 60,000,000 stock options were granted to directors and eligible employees as of September 30, 2024[104]. - The total number of stock options available for grant under the plan at the beginning and end of the period was 40,000,000 shares, representing 4.0% of the company's issued share capital[106]. - The weighted average number of shares during the period was 1,000,000,000 shares[106]. - The exercise price for the stock options granted on March 22, 2022, was HKD 0.6 per share, with an expiration date of March 22, 2032[106]. - The company has not granted, exercised, lapsed, cancelled, or forfeited any stock options during the period[104].

收益 二零二四年年度報告 (ix) 深水埗嘉瑞園護養院。 本報告乃根據聯交所上市規則附錄C2所載「環境、社會及管治報告指引」（「指引」）編製，當中涵蓋的內容 已遵從強制性披露規定與「不遵守就解釋」條文，以及指引所規定的四個報告原則，即重要性、量化、平 衡及一致性。 董事（「董事」）會（「董事會」）成員全權負責本集團的可持續發展戰略及報告。本集團的可持續發展計劃乃 根據ESG報告的結果而制定，每年進行檢討並按需要進行調整，以符合本集團的長期業務策略。 環境、 社會及管治報告 本集團的企業社會責任價值觀 於報告期間，本集團耗用了煤氣作為數間安老院食堂營運的固定燃料。於報告期間，營 運排放3.67公斤的氮氧化物(NOx)及0.02公斤的硫氧化物(SOx)。 所呈報之溫室氣體排放乃來自以下活動及範疇： | --- | --- | --- | --- | --- | |---------------------|-----------------------------------------|-------------------------------------------------------------|- ...

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份內容而產生或因依 賴該等內容而引致之任何損失承擔任何責任。 截至二零二四年三月三十一日止年度的年度業績公告 – 1 – 嘉濤（香港）控股有限公司（「本公司」）董事（「董事」）會（「董事會」）謹此公佈本 公司及其附屬公司（統稱「本集團」）截至二零二四年三月三十一日止年度（「本 年度」）的綜合年度業績，連同截至二零二三年三月三十一日止年度（「上年度」） 的比較數字如下： | --- | --- | --- | --- | |------------------------------------------------------|-------|----------------------------|------------------------| | | 附註 | 二零二四年 \n千港元 | 二零二三年 \n千港元 | | 收益 | 3 | 271,334 | 408,297 | | 投資物業的公平值收益 | | 18,613 | 10,400 | | 僱員福利 ...

Operations and Occupancy - As of September 30, 2023, the group operates nine nursing homes with a total of 1,229 beds, an increase from the previous period[5]. - The average monthly occupancy rate for the group improved to 86.2% as of September 30, 2023, compared to 84.1% on March 31, 2023[11]. - The occupancy rate for Kato Elderly Home reached 94.4% as of September 30, 2023, up from 88.2% in the previous period[11]. - Kato (Hong Kong) Holdings Limited's nursing homes are primarily contracted with the Social Welfare Department, which purchases beds under the Improved Purchase Scheme[6]. - The group has a diversified client base, including self-paying individuals and those receiving subsidies from the Social Welfare Department[6]. - The group’s nursing homes operate under various brand names, including "Fai To," "Kato," and "Tsuen Wan Center," all sharing the same logo[5]. - The average monthly occupancy rate for Kato Elderly Home was 90.0% as of September 30, 2023, significantly up from 48.5% in the previous period[11]. - The group plans to expand its services and improve care quality in response to increasing demand for elderly care in Hong Kong[5]. - The group is focused on enhancing its service offerings, including nutritional management and psychological care services[5]. - The group aims to maintain a high standard of care by adhering to the requirements set by the Improved Purchase Scheme for its nursing homes[9]. Financial Performance - Revenue decreased from approximately HKD 208.3 million in the previous period to about HKD 135.2 million in the current period, a decline of approximately 35%[20]. - Income from elderly care services increased to HKD 60.471 million, representing 44.8% of total revenue, compared to HKD 48.751 million (23.4%) in the previous period[18]. - The company provided community care services generating HKD 4.440 million, which accounted for 3.3% of total revenue, up from HKD 3.882 million (1.9%) previously[18]. - Medical and laboratory services revenue rose to HKD 5.551 million, a significant increase from HKD 226 thousand in the previous period[18]. - Profit for the current period decreased by approximately 64.8% to about HKD 20.1 million from HKD 57.1 million in the previous period[25]. - The company reported a decrease in total employee benefits expenses to HKD 4,428,000 for the six months ended September 30, 2023, from HKD 6,944,000 in the same period of 2022[137]. - The company’s total comprehensive income for the period was HKD 19,922,000, down from HKD 57,017,000, a decrease of 65.0%[77]. - For the six months ended September 30, 2023, the company reported a net profit of HKD 19,930,000, a decrease from HKD 57,167,000 for the same period in 2022, representing a decline of approximately 65.2%[82]. Assets and Liabilities - The net asset value remained stable at approximately HKD 371.8 million as of September 30, 2023, compared to HKD 372.9 million on March 31, 2023[28]. - The current ratio was approximately 1.3 times as of September 30, 2023, down from 1.6 times on March 31, 2023[28]. - The total bank borrowings amounted to HKD 116.664 million, with HKD 14.416 million due within one year[30]. - The group's investment properties were valued at HKD 107.8 million as of September 30, 2023[34]. - The total liabilities as of September 30, 2023, were HKD 324,552,000, a slight decrease from HKD 326,362,000[80]. - The total financial liabilities as of September 30, 2023, amounted to HKD 355,037,000, compared to HKD 332,916,000 as of March 31, 2023, indicating an increase of 6.6%[99]. - The company’s total equity as of September 30, 2023, was HKD 371,842,000, a slight decrease from HKD 372,940,000 as of April 1, 2023[82]. Capital Expenditures and Investments - The company aims to allocate HKD 86.3 million for the acquisition of suitable properties to establish new nursing homes, fully utilizing the funds as of September 30, 2023[48]. - HKD 27.2 million is allocated for the renovation and upgrading of existing nursing homes, with HKD 4.1 million utilized by March 31, 2023, and an expected utilization of HKD 2.2 million by 2024[48]. - The upgrade of IT infrastructure has an allocation of HKD 1.5 million, with HKD 1.3 million utilized by March 31, 2023, and an expected utilization of HKD 1.2 million by 2024[48]. - The company incurred capital expenditures of HKD 54,766,000 for the six months ended September 30, 2023, which is significantly higher than HKD 25,385,000 in the same period last year, marking an increase of about 115.5%[84]. - The group completed the acquisition of land in Yuen Long in July 2021 to establish a new nursing home with approximately 250 beds, expected to commence operations by the end of 2026[39]. - The company completed the acquisition of a property in Lam Tin in February 2021 to establish a nursing home with approximately 220 beds, expected to commence operations in 2024[52]. Shareholder and Governance - The company declared an interim dividend of HKD 0.01 per share, to be distributed on January 5, 2024[26]. - As of September 30, 2023, the company had a total of 1,000,000,000 shares issued, with significant shareholders holding 62.40% and 63.50% of the shares respectively[62][67]. - The company has adopted a corporate governance code to ensure proper regulation of business activities and decision-making processes[72]. - The company has complied with all corporate governance code provisions during the reporting period, except for a deviation regarding the separation of roles between the Chairman and CEO[72]. - The company’s board consists of four independent non-executive directors to provide independent opinions and ensure a balance of power[72]. - The shareholding structure indicates a strong concentration of ownership among major shareholders, which may impact decision-making processes[62][67]. Market and Strategic Developments - The company is diversifying its business by entering the medical diagnostics and health check market in Hong Kong, aiming to increase public awareness of preventive healthcare[54]. - The management team is confident in the company's sustainable development and its ability to adapt to rapid changes in social demands and market trends[54]. - The company has not disclosed any new product developments or market expansion strategies in the provided documents[63][64]. Cash Flow and Financial Management - Cash generated from operating activities for the six months ended September 30, 2023, was HKD 74,576,000, compared to HKD 97,368,000 in 2022, reflecting a decline of approximately 23.4%[84]. - The cash and cash equivalents at the end of the period decreased to HKD 41,616,000 from HKD 78,660,000 at the end of the previous year, indicating a decline of approximately 47%[84]. - The company reported a net cash outflow from investing activities of HKD 87,956,000 for the six months ended September 30, 2023, compared to HKD 25,662,000 in the previous year, indicating a significant increase in cash used for investments[84]. - The company’s operating cash flow for the six months ended September 30, 2023, was impacted by a payment of HKD 4,633,000 in Hong Kong profits tax, which was not applicable in the previous year[84].

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份內容而產生或因依 賴該等內容而引致之任何損失承擔任何責任。 Kato (Hong Kong) Holdings Limited 嘉 濤（ 香 港 ）控 股 有 限 公 司 （於開曼群島註冊成立的有限公司） （股份代號：2189） 截至二零二三年九月三十日止六個月的中期業績公告 財務概要 ‧ 本集團於截至二零二三年九月三十日止六個月錄得總收益約135.2百萬港 元，較截至二零二二年九月三十日止六個月減少約35.1%。 ‧ 本集團於截至二零二三年九月三十日止六個月錄得本公司擁有人應佔 溢利約19.9百萬港元，較截至二零二二年九月三十日止六個月減少約 65.1%。 ‧ 董事會宣派中期股息每股股份1.0港仙。 中期業績 ...

Financial Performance - The group's revenue for the year was approximately HKD 408.3 million, an increase of about 27.5% compared to the previous year's revenue of approximately HKD 320.3 million[14]. - Profit for the year increased by approximately 26.9% to about HKD 125.8 million, up from approximately HKD 99.1 million in the previous year, primarily due to growth in elderly care services and community care services[14]. - Total revenue increased by approximately HKD 88.0 million or 27.5% to about HKD 408.3 million for the year ended March 31, 2023, compared to HKD 320.3 million for the previous year[30]. - Revenue from elderly care services decreased from approximately HKD 218.4 million to about HKD 211.9 million, primarily due to a decline in average monthly occupancy rates[31]. - Revenue from community care services for the elderly increased to HKD 8.0 million from HKD 6.6 million, reflecting a growth in service demand[30]. - Revenue from providing care support services to isolated individuals surged to HKD 178.2 million, up from HKD 86.4 million, driven by the establishment of three additional isolation centers[30]. - Medical and testing services generated revenue of HKD 4.0 million, marking the first contribution from this segment as it was previously non-existent[31]. - Net profit for the year increased by approximately 26.9% to about HKD 125.8 million, compared to HKD 99.1 million in the previous year[37]. Operations and Services - As of March 31, 2023, the group operated nine elderly care homes, providing a total of 1,229 beds, an increase from 1,129 beds in the previous year[10]. - The average occupancy rate of the elderly care homes dropped to 84% during the year, down from 95% in the previous year due to the impact of the COVID-19 pandemic[11]. - The group expanded its service offerings to include community care services, with a total capacity of 120 center-based service slots and 1,000 home-based service voucher holders[11]. - A new contract elderly care home with 100 beds commenced operations in February 2023[10]. - The group has expanded its community care services under the Elderly Community Care Voucher pilot scheme, providing home-based services to alleviate financial and caregiving pressures[25]. - The group’s nursing homes operate under several brand names, including "Fai To," "Kato," and "Tsuen Wan Center," all featuring the same logo[18]. - The group aims to maintain high-quality services through standardized management and operational procedures across its nursing home network[15]. Business Expansion and Diversification - The group is diversifying its business by entering the medical diagnostics and health check market, responding to the increasing public awareness of preventive healthcare[12]. - The group completed the acquisition of properties to establish a nursing home with approximately 220 beds, expected to commence operations in 2024[15]. - In July 2021, the group acquired four plots of land in Yuen Long to establish another nursing home with approximately 250 beds, anticipated to start operations by the end of 2026[15]. - The group plans to continue expanding its nursing home network in strategic locations in Hong Kong as opportunities arise[15]. - The company plans to fully utilize the net proceeds of HKD 86.3 million for the establishment of a new nursing home by 2024[57]. - The company has acquired properties in Lam Tin and Yuen Long, expected to provide approximately 220 and 250 beds respectively, with operations starting in 2024 and 2026[60]. Financial Position and Management - The group's net asset value increased to approximately HKD 372.9 million from HKD 292.2 million, primarily due to operating profits[38]. - Current assets net value rose to about HKD 52.0 million from HKD 31.5 million, including cash and cash equivalents of approximately HKD 71.4 million[38]. - The current ratio improved to approximately 1.6 times from 1.5 times in the previous year, indicating better liquidity management[38]. - As of March 31, 2023, the company's debt-to-equity ratio decreased to 51.3% from 81.0% in 2022, due to repayment of bank loans and a reduction in lease liabilities[41]. - The company's total equity increased to HKD 372,940,000 in 2023, up from HKD 292,207,000 in 2022[41]. - The company has no significant investments or acquisitions planned for the next twelve months[47]. Corporate Governance - The company has maintained compliance with all corporate governance codes, ensuring transparency and accountability[73]. - The audit committee has been restructured to enhance oversight, with the addition of two independent directors[77]. - The company has a balanced board composition with at least three independent non-executive directors, ensuring compliance with listing rules[80]. - The board conducts regular evaluations to ensure the quality of discussions and decisions made during meetings[84]. - The company has established mechanisms to provide independent opinions and input data for board performance evaluations[84]. - The board meetings are scheduled with at least 14 days' notice, and meeting documents are provided at least three days prior to the meetings[83]. - The company has adopted a board diversity policy to enhance the skills, experience, and background of its members, ensuring a balanced composition[92]. Environmental, Social, and Governance (ESG) Initiatives - The group is committed to sustainable development as a core strategy, aiming to integrate sustainability into its operations and decision-making processes[140]. - Stakeholder feedback is actively sought to improve ESG performance, with a focus on social aspects identified as critical for operational success[141]. - The group adheres to high ethical standards and business integrity, which are essential for maintaining its market position in the elder care sector[146]. - The group emphasizes community investment and social responsibility, organizing activities to foster interaction among residents[148]. - The group has established a formal code of conduct to ensure compliance with ethical standards across all levels of its operations[145]. - The total greenhouse gas emissions for the reporting period were 1,317.01 tons of CO2 equivalent, with a density of 3.23 tons of CO2 equivalent per million HKD in revenue, a decrease of 15.60% from the previous reporting period[153]. Employee Management and Workforce - As of March 31, 2023, the total number of employees is 518, with 84.36% being full-time and 15.64% part-time[179]. - The employee turnover rate for the reporting period is 31.85%, with 165 employees leaving the company[182]. - The group provided training to 518 employees, representing 100% of the workforce, with an average training duration of 5.69 hours per employee[197]. - The group reported zero work-related fatalities and a death rate of 0.00% for the reporting period[193]. - The group has implemented strict health and safety measures, with no significant violations of occupational health and safety laws reported[189]. - The group has a zero-tolerance policy for child labor and forced labor, with no violations reported during the reporting period[198].

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份內容而產生或因依 賴該等內容而引致之任何損失承擔任何責任。 Kato (Hong Kong) Holdings Limited 嘉 濤（ 香 港 ）控 股 有 限 公 司 （於開曼群島註冊成立的有限公司） （股份代號：2189） 截至二零二三年三月三十一日止年度的 年度業績公告 財務概要 ‧ 本集團於本年度錄得總收益約408.3百萬港元，較上年度增加約27.5%。 ‧ 本集團於本年度錄得本公司擁有人應佔溢利約126.2百萬港元，較上年度 增加約27.5%。 ‧ 董事會已建議就本年度派發末期股息每股股份2.2港仙，惟須待股東於應 屆股東週年大會批准。 ...

Operations and Services - As of September 30, 2022, the group operates eight nursing homes with a total of 1,129 beds across four strategic locations in Hong Kong[11]. - The group provides comprehensive elderly care services, including accommodation, professional nursing, and medical services[11]. - The group has contracts with the Social Welfare Department for the purchase of beds under the Improvement Purchase Scheme, which accounted for a significant portion of its clientele[15]. - The group has a total of 589 beds under the Improvement Purchase Scheme and 540 beds for private paying clients[15]. - The group aims to enhance its service offerings and expand its market presence in the elderly care sector[11]. - The company is focused on maintaining high standards in its facilities, with different classifications based on staffing and space requirements[16]. - The group has been actively involved in the development of new care services and products to meet the evolving needs of its clients[11]. - Future strategies include potential market expansion and the introduction of new technologies in elderly care services[11]. - The company provided community care services under a trial program, expanding its service scope to home-based care since May 2020[22]. - The company operates five approved service providers under the community care voucher trial program, with a total capacity of 120 center-based service slots and 1,000 home-based service voucher holders[22]. Financial Performance - Total revenue increased from HKD 150.3 million in the previous period to HKD 208.3 million in the current period, primarily due to active participation in providing care support services for isolated individuals[28]. - Revenue from care services for isolated individuals surged to HKD 96.2 million, accounting for 46.2% of total revenue, compared to HKD 30.9 million or 20.5% in the previous period[28]. - Net profit for the current period increased by approximately 30.1% to about HKD 57.1 million, compared to approximately HKD 43.9 million in the previous period[35]. - The company reported a revenue of HKD 208,279,000 for the six months ended September 30, 2022, compared to HKD 150,277,000 for the same period in 2021, representing an increase of approximately 38.7%[90]. - The profit before tax for the period was HKD 67,808,000, up from HKD 51,899,000 in the previous year, indicating a growth of about 30.7%[90]. - The total comprehensive income for the period was HKD 57,017,000, compared to HKD 43,699,000 in the previous year, showing an increase of approximately 30.4%[91]. - Basic earnings per share increased to HKD 5.72 from HKD 4.41, marking a rise of about 29.7%[90]. Employee and Operational Costs - Employee benefits expenses rose from approximately HKD 54.2 million to about HKD 78.1 million, mainly due to an increase in staff numbers for care support services[31]. - The total employee count decreased to 456 as of September 30, 2022, down from 596 on March 31, 2022, with total employee benefits expenses amounting to approximately HKD 78.1 million[52]. - The total remuneration for key management personnel was HKD 6,944,000 for the six months ended September 30, 2022, compared to HKD 4,151,000 in the previous year, marking an increase of approximately 67.0%[164]. - Depreciation expenses for the six months ended September 30, 2022, amounted to HKD 20,632,000, an increase from HKD 17,179,000 in the same period of the previous year[136]. - The depreciation of property and equipment was HKD 3,157,000 for the six months ended September 30, 2022, compared to HKD 2,966,000 in the previous year, reflecting an increase of approximately 6.4%[168]. Assets and Liabilities - As of September 30, 2022, the company's net assets increased to approximately HKD 325.2 million from HKD 292.2 million as of March 31, 2022[40]. - The current ratio improved to approximately 1.6 times as of September 30, 2022, compared to 1.5 times as of March 31, 2022[40]. - The debt-to-equity ratio decreased to approximately 60.0% as of September 30, 2022, down from 81.0% as of March 31, 2022[40]. - As of September 30, 2022, total assets amounted to HKD 665,565 thousand, an increase from HKD 621,617 thousand as of March 31, 2022, representing a growth of approximately 7.06%[93]. - Total liabilities rose to HKD 340,361 thousand from HKD 329,410 thousand, reflecting an increase of about 3.86%[95]. - The company reported a net cash inflow from operating activities of HKD 97,368 thousand, compared to HKD 69,223 thousand in the previous year, showing a growth of approximately 40.67%[99]. - The total lease liabilities as of September 30, 2022, were HKD 186,956,000, compared to HKD 197,837,000 as of March 31, 2022, reflecting a decrease of 5.4%[148]. Shareholder Information - The company declared an interim dividend of HKD 0.022 per share, to be distributed on or around December 9, 2022[38]. - The company proposed an interim dividend of HKD 0.022 per share, totaling HKD 22,000,000, compared to HKD 20,000,000 in the previous year[140]. - As of September 30, 2022, Ms. Wei holds 624,000,000 shares, representing 63.40% of the company's issued share capital[64]. - Mr. Wei holds 624,000,000 shares, representing 63.50% of the company's issued share capital[64]. - The total shares held by the family trust amount to 624,000,000, which is 62.40% of the issued share capital[71]. - Ms. Wei's spouse, Ms. Wei Xiaoling, holds 635,032,000 shares, representing 63.50% of the company's issued share capital[71]. - Mr. Lin holds 70,202,000 shares, which is 7.02% of the company's issued share capital[71]. Corporate Governance - The company maintained compliance with all corporate governance codes during the reporting period, ensuring transparency and accountability to shareholders[85]. - The audit committee, established in May 2019, oversees the integrity of financial statements and internal control systems, comprising four members with appropriate professional qualifications[88]. - All directors confirmed compliance with the standard code of conduct during the period[79]. - The company has not identified any breaches of the standard code of conduct by senior management during the period[79]. - The company is committed to high levels of corporate governance to protect shareholder interests and ensure effective business strategy execution[85]. Future Plans and Investments - The group plans to establish a new nursing home with approximately 250 beds, expected to commence operations in Q4 2023, following the acquisition of property in Lam Tin[60]. - A second nursing home is planned on four plots of land in Yuen Long, anticipated to provide around 280 beds and start operations by the end of 2025[60]. - The group is expanding into the medical diagnostics and imaging market, focusing on preventive healthcare services in response to increasing public awareness[61]. - The total unutilized net proceeds from fundraising activities amount to HKD 116.9 million, with specific allocations for upgrading existing facilities and IT infrastructure[56]. Risk Management - The group has not made any significant changes to its risk management policies since March 31, 2022[114]. - The group has no significant contingent liabilities as of the reporting date[49]. - The company had no significant capital commitments as of September 30, 2022, indicating a stable financial position[169]. - There were no significant contingent liabilities reported as of September 30, 2022, suggesting a low-risk profile[170].