Financial Performance - Revenue for 2020 was HK$290,590,000, representing an increase of 5.4% from HK$275,354,000 in 2019[6] - Gross profit for 2020 was HK$83,256,000, down from HK$93,142,000 in 2019, indicating a decrease of 10.6%[6] - Profit for the year was HK$27,186,000, a decline of 10.4% compared to HK$30,313,000 in 2019[6] - The total revenue for the Group in 2020 was approximately HK$290.6 million, representing an increase of about 5.5% compared to HK$275.4 million in 2019[24] - For the year ended December 31, 2020, the Group's revenue increased by HK$15.2 million, representing a growth of 5.5% year-on-year[44] - Revenue from thermal imaging products and services increased by approximately HK$6.3 million, or 4.0%, from approximately HK$156.6 million for the year ended December 31, 2019 to approximately HK$162.9 million for the year ended December 31, 2020[65] - Revenue from general aviation products and services increased by approximately HK$10.7 million, or 12.7%, from approximately HK$84.2 million for the year ended December 31, 2019 to approximately HK$94.9 million for the year ended December 31, 2020[69] - The Group's profit for the year attributable to the owners of the parent decreased by approximately HK$3.1 million, or 10.2%, from approximately HK$30.3 million for the year ended December 31, 2019 to approximately HK$27.2 million for the year ended December 31, 2020[80] Assets and Liabilities - Total assets increased to HK$405,506,000 in 2020, up from HK$360,117,000 in 2019, reflecting an increase of 12.6%[7] - Total liabilities were HK$351,283,000 in 2020, compared to HK$321,332,000 in 2019, marking an increase of 9.3%[7] - As at 31 December 2020, the Group reported net current assets of approximately HK$335.6 million, compared to approximately HK$302.5 million as at 31 December 2019[80] - The Group's cash and cash equivalents increased by approximately HK$33.1 million to approximately HK$210.2 million as at 31 December 2020, compared to HK$177.1 million as at 31 December 2019[80] Business Segments and Growth - The company aims to improve performance in its three major business segments: thermal imaging, self-stabilised imaging, and general aviation products and services[20] - The general aviation products and services segment recorded a revenue increase of approximately HK$10.7 million, while the thermal imaging products and services segment increased by approximately HK$6.3 million compared to the previous year[24] - The self-stabilised imaging products and services segment is expected to grow due to the increasing number of high-voltage power lines and helicopter fleets in Mainland China[33] - The general aviation market in Mainland China is showing positive development, with increasing demand for small aircraft for agricultural and industrial purposes[39] - The Group's general aviation products and services business segment is expected to achieve considerable growth in 2021[41] - The Group expects robust growth momentum in the self-stabilised imaging segment due to satisfactory progress in new product models[53] Research and Development - The Group spent HK$5.6 million on research and development during the year, which is a 36.6% increase year-on-year[47] - The Group's R&D centers in Hong Kong and Guangzhou are developing new models of products to enrich the product portfolio for both self-stabilised imaging and general aviation products[33] - The Group plans to accelerate research and development to maintain competitive edge and optimize resource allocation, including unutilized proceeds from the Listing[59] Corporate Governance - The Company is committed to achieving high corporate governance standards to safeguard shareholder interests and enhance corporate value[164] - The Board believes that high corporate governance standards are essential for accountability within the Group[164] - The Company has adopted the principles and code provisions of the Corporate Governance Code since the Listing Date[165] - The Board currently comprises six members, including three executive Directors and three independent non-executive Directors[171] - The Company has complied with the requirement of having at least three independent non-executive Directors, representing more than one-third of the Board[185] Management and Team - The company has a strong management team with diverse backgrounds in finance, engineering, and marketing[130][138][141] - The company aims to leverage its management's expertise to drive future growth and innovation[138] - Mr. Yeung has over 20 years of experience in the optoelectronics and general aviation industry[122] - Ms. Wong has over 20 years of experience in the optoelectronics and general aviation industry[127] Market Conditions and Future Outlook - The Group remains confident in the economic recovery prospects in Hong Kong and Mainland China, driven by extensive product design and excellent services[59] - The Group anticipates that the development of COVID-19 vaccines will lead to a controlled epidemic and stimulate global economic recovery[59] - The general aviation industry is seen as a promising segment with significant potential for market penetration due to supportive government policies[56] Employee and Staff Information - Total staff costs for the year ended December 31, 2020, were approximately HK$42.7 million, an increase from HK$35.2 million in 2019[111] - The company has a total of 147 employees as of December 31, 2020, compared to 145 employees in the previous year[111] Dividends - The board recommended a final dividend of HK1.35 cents per share for the year ended December 31, 2020, subject to shareholder approval[112]

Financial Performance - Revenue for the six months ended June 30, 2020, was HK$102,092,000, representing an increase from HK$97,493,000 for the same period in 2019, a growth of approximately 1.64%[17] - Gross profit for the same period was HK$37,541,000, up from HK$35,029,000 in 2019, reflecting a growth of about 7.2%[17] - Profit before tax decreased to HK$9,916,000 from HK$11,590,000 in the previous year, a decline of approximately 14.5%[17] - Profit attributable to owners of the parent for the period was HK$7,408,000, down from HK$9,478,000 in 2019, a decrease of around 21.8%[17] - The Group's revenue increased by 4.7% to approximately HK$102.2 million, and gross profit rose by 7.1% during the Period[19] - The total revenue for the six months ended June 30, 2020, increased by 4.7% to approximately HK$102.1 million from approximately HK$97.5 million for the same period in 2019[33] - The company reported a profit for the period of HK$7,408,000, down from HK$9,478,000 in the previous year, a decrease of 21.7%[137] - Earnings per share for the period were HK1.85 cents, compared to HK2.40 cents in the same period last year, a decline of 22.9%[137] Assets and Liabilities - Total assets as of June 30, 2020, were HK$380,392,000, compared to HK$360,117,000 as of December 31, 2019, an increase of approximately 5.6%[18] - Total liabilities increased to HK$52,243,000 from HK$38,785,000, reflecting a rise of about 34.5%[18] - Net assets/Total equity as of June 30, 2020, were HK$328,149,000, slightly up from HK$321,332,000 at the end of 2019, an increase of approximately 2.4%[18] - As at 30 June 2020, the Group reported net current assets of approximately HK$312.1 million, compared to approximately HK$302.5 million as at 31 December 2019[42] - Cash and bank balances as at 30 June 2020 were approximately HK$204.5 million, representing an increase of approximately HK$27.4 million compared to approximately HK$177.1 million as at 31 December 2019[42] Revenue Breakdown - Revenue from thermal imaging products surged by approximately 79.2% to HK$68.8 million, accounting for 67.4% of the Group's total revenue[21] - Revenue from self-stabilised imaging products declined by approximately 47.1% to HK$9.9 million, representing 9.7% of the Group's revenue[22] - Revenue from general aviation products decreased by approximately 42.1% to HK$23.4 million, making up 22.9% of the Group's revenue[22] - Revenue from Mainland China was HK$56,778,000, while revenue from Hong Kong and Macau was HK$44,292,000, showing a significant increase compared to HK$77,802,000 and HK$18,522,000 respectively in 2019[194] Research and Development - The Group invested approximately HK$2.9 million in research and development, an increase of 52.6% compared to HK$1.9 million in the previous period[19] - The new research and development center in Hong Kong enhances capabilities for developing infrared body temperature screening systems[19] - The company is focused on research and development to leverage technological innovations for better service and product offerings[29] - The Company plans to establish new research and development centers in the PRC and Hong Kong, utilizing HK$39.6 million of the proceeds[78] Market Conditions and Outlook - The COVID-19 pandemic significantly disrupted supply chains and lowered industry demand in the PRC, impacting overall business performance[19] - Future outlook remains cautiously optimistic, with management indicating potential for growth in the upcoming periods[14] - The Group's performance was affected by social issues in Hong Kong, contributing to an uncertain outlook for the region[19] - The company remains optimistic about growth opportunities in the general aviation market despite uncertainties due to the COVID-19 pandemic[29] Shareholding and Corporate Governance - As of June 30, 2020, Mr. YEUNG holds 300,000,000 ordinary shares, representing a 75% ownership stake in the company[96] - Ms. WONG, as the spouse of Mr. YEUNG, also holds an interest in 300,000,000 ordinary shares, equating to a 75% ownership stake[96] - The total number of ordinary shares issued by the company as of June 30, 2020, is 400,000,000[96] - The Audit Committee reviewed the unaudited interim condensed consolidated financial statements for the six months ended 30 June 2020 and confirmed that adequate disclosures have been made[134] Cash Flow and Financing Activities - Net cash generated from operating activities for the six months ended 30 June 2020 was approximately HK$30.9 million, compared to HK$9.7 million for the same period in 2019[42] - The net cash used in financing activities was approximately HK$2.7 million for the six months ended 30 June 2020, compared to net cash generated from financing activities of approximately HK$97.1 million for the same period in 2019[42] - The company did not report any proceeds from the issue of shares during the current period, contrasting with HK$125,000,000 in proceeds from share issuance in the same period of 2019[153] Administrative and Other Expenses - Administrative expenses decreased by approximately HK$0.6 million, or 4.5%, from approximately HK$13.3 million for the six months ended 30 June 2019 to approximately HK$12.7 million for the six months ended 30 June 2020, primarily due to a decrease in entertainment expenses related to COVID-19[36] - Other income and gains decreased by approximately HK$2.1 million, or 72.4%, from approximately HK$2.9 million for the six months ended 30 June 2019 to approximately HK$0.8 million for the six months ended 30 June 2020, mainly due to the absence of foreign exchange gains[36]

Financial Performance - Revenue for 2019 was HK$275,354,000, an increase of 5.2% from HK$262,080,000 in 2018[5] - Gross profit for 2019 was HK$93,142,000, slightly down from HK$94,055,000 in 2018, representing a decrease of 1%[5] - Profit before tax increased significantly to HK$36,344,000 in 2019, up 83.5% from HK$19,806,000 in 2018[5] - Profit for the year attributable to equity holders of the parent was HK$30,313,000, a substantial increase from HK$11,507,000 in 2018, marking a growth of 163.5%[5] - The Group's revenue for the year ended December 31, 2019, increased by approximately 5.1% year-on-year to HK$275.4 million, while gross profit decreased by approximately 1.1% to HK$93.1 million[34] - Revenue from thermal imaging products and services declined by 2.6% year-on-year to approximately HK$156.6 million, accounting for 56.8% of the Group's total revenue[36] - Revenue from self-stabilised imaging products and services decreased by 20.5% year-on-year to approximately HK$34.6 million, representing 12.6% of the Group's total revenue[38] - Revenue from general aviation products and services for the year ended December 31, 2019, was approximately HK$84.2 million, accounting for approximately 30.6% of the Group's total revenue[40] - Revenue from general aviation products and services increased by approximately HK$26.3 million, or 45.4%, from approximately HK$57.9 million for the year ended 31 December 2018 to approximately HK$84.2 million for the year ended 31 December 2019[50] Assets and Liabilities - Total assets as of December 31, 2019, were HK$360,117,000, up from HK$256,446,000 in 2018, indicating a growth of 40.4%[7] - Total liabilities decreased to HK$38,785,000 in 2019 from HK$71,132,000 in 2018, a reduction of 45.5%[7] - As at 31 December 2019, the Group reported net current assets of approximately HK$302.5 million, compared to approximately HK$172.6 million as at 31 December 2018[58] - As at 31 December 2019, the Group's cash and bank balances increased by approximately HK$124.2 million to approximately HK$177.1 million, compared to HK$52.9 million as at 31 December 2018[59] Strategic Initiatives - The company plans to expand its market presence and invest in new product development to drive future growth[16] - The management is optimistic about the upcoming fiscal year, projecting continued revenue growth driven by strategic initiatives[16] - The company is focusing on enhancing its technological capabilities to improve operational efficiency and customer experience[16] - There are ongoing discussions regarding potential mergers and acquisitions to strengthen market position and expand service offerings[16] - The Group aims to focus on products for detecting heat abnormalities in electricity substations and overhead powerlines, as well as infrared body temperature screening systems[36] - The Group plans to expand its product portfolio for self-stabilised imaging products through the new research and development center in Hong Kong[38] Research and Development - The establishment of a research and development center in Hong Kong in November 2019 aims to enhance product quality and develop new products, thereby strengthening competitiveness and expanding market reach, particularly in Hong Kong and Southeast Asia[21] - The Group established a new research and development center in Hong Kong with a total floor area of approximately 182 square meters to enhance capabilities in developing infrared body temperature screening systems[34] - The relocation of the research and development center in Guangzhou is ongoing, expected to provide more tailor-made products and robust services[34] - The Group is focusing on research and development to maintain competitive advantages, with new R&D centers established in the PRC and Hong Kong[42] Market Conditions - The overall economic development in Mainland China remains challenging, but the company is committed to its strategic plans for growth[23] - The overall global economic conditions in 2019 were challenging, with China's GDP growth slowing to 6.1% from 6.6% in 2018 due to trade tensions with the US[34] - The Group expects that global trade conflicts and the spread of COVID-19 will continue to materially impact its operating environment and product demand[42] - The demand for thermal imaging products is expected to rise due to the COVID-19 pandemic, with a focus on fever detection and abnormal body temperature instruments[27] Management and Governance - The company has a strong management team with diverse backgrounds in finance, aviation, and marketing, enhancing its operational capabilities[98][100][102] - The Group's leadership includes members with significant experience in both military and civilian aviation, providing a competitive advantage in the market[100][101] - The company has adopted high corporate governance standards to safeguard shareholder interests and enhance corporate value[115] - The Board consists of six members, including three executive directors and three independent non-executive directors[121] - The Company has established three Board committees: the Audit Committee, the Remuneration Committee, and the Nomination Committee[135] Corporate Governance - The Company complies with the requirement of having at least three independent non-executive Directors, representing more than one-third of the Board[132] - The Company has received written annual confirmations of independence from all independent non-executive Directors[132] - The Company has adopted the Model Code for Securities Transactions to regulate dealings by directors[118] - The Company is committed to achieving high corporate governance standards as essential for its success[115] - The Board is responsible for overseeing the Group's businesses, strategic decisions, and performance[121] Employee and Staff Information - Total staff costs for the year ended 31 December 2019 were approximately HK$35.2 million, an increase from HK$29.5 million in 2018[82] - The Group had a total of 145 employees as of 31 December 2019, up from 140 employees in 2018[82] Dividend Policy - The Company did not recommend the payment of a final dividend for the year ended 31 December 2019[83] - The Group adopted a dividend policy on February 22, 2019, prioritizing cash distribution to shareholders[170] - The dividend payout ratio will be determined by the Board at its discretion, considering the Group's financial results and future prospects[170] - All shareholders have equal entitlement to dividends and distributions under the Cayman Islands Companies Act[173]

Financial Performance - Revenue for the six months ended June 30, 2019, was HK$97,493,000, a decrease of 8.8% compared to HK$106,566,000 for the same period in 2018[17] - Gross profit for the same period was HK$35,029,000, down from HK$38,078,000, reflecting a gross margin of approximately 36%[17] - Profit before tax increased to HK$11,590,000, compared to HK$5,365,000 in the prior year, representing a significant growth of 116.3%[17] - Profit attributable to owners of the parent for the period was HK$9,478,000, a substantial increase from HK$2,950,000 in the previous year[17] - The Group's profit for the period attributable to owners of the parent increased by approximately HK$6.5 million, or 216.7%, from approximately HK$3.0 million for the six months ended 30 June 2018 to approximately HK$9.5 million for the six months ended 30 June 2019[53] - Total comprehensive income for the period was HK$9,409,000, compared to HK$2,461,000 in the same period of 2018, indicating a strong improvement[157] - Basic and diluted earnings per share attributable to ordinary equity holders of the parent improved to HK2.40 cents, up from HK0.98 cents, reflecting a growth of 145%[163] Assets and Liabilities - Total assets as of June 30, 2019, were HK$331,440,000, up from HK$256,446,000 as of December 31, 2018, indicating a growth of 29.3%[18] - Total liabilities decreased to HK$30,475,000 from HK$71,132,000, improving the net assets to HK$300,965,000 compared to HK$185,314,000[18] - As at 30 June 2019, the Group reported net current assets of approximately HK$281.5 million, an increase from approximately HK$172.6 million as at 31 December 2018[57] - The Group's cash and bank balances were approximately HK$157.6 million as at 30 June 2019, representing an increase of approximately HK$104.7 million compared to approximately HK$52.9 million as at 31 December 2018[57] - Total current assets increased to HK$307,939,000, a rise of 26.4% from HK$243,723,000 in 2018[184] - Total current liabilities decreased to HK$26,448,000, down from HK$71,132,000, indicating a reduction of 62.8%[184] - Net current assets improved to HK$281,491,000, up from HK$172,591,000, representing a growth of 63.2%[184] Revenue Breakdown - Revenue from thermal imaging products and services was approximately HK$38.4 million, accounting for about 39.4% of the Group's total revenue during the Period, down from 64.4% in the same period last year[21] - The self-stabilised imaging products and services segment generated revenue of approximately HK$18.7 million, representing 19.2% of the Group's revenue, an increase from 13.3% in the previous year[23] - Revenue from the general aviation products and services segment was approximately HK$40.4 million, accounting for 41.4% of the Group's revenue during the period, compared to HK$23.8 million and 22.3% in the same period last year[25] - Revenue from thermal imaging products and services decreased by approximately HK$30.2 million, or 44.0%, from approximately HK$68.6 million to approximately HK$38.4 million[41] - Revenue from self-stabilised imaging products and services increased by approximately HK$4.5 million, or 31.7%, from approximately HK$14.2 million to approximately HK$18.7 million[41] - Revenue from general aviation products and services increased by approximately HK$16.6 million, or 69.7%, from approximately HK$23.8 million to approximately HK$40.4 million[42] Strategic Focus and Future Outlook - The company is focusing on market expansion and new product development to drive future growth[19] - The management anticipates continued improvement in profitability and operational efficiency in the upcoming periods[19] - The company is exploring potential mergers and acquisitions to enhance its market position and product offerings[19] - New technology initiatives are being prioritized to improve service delivery and customer satisfaction[19] - The Group continues to focus on enhancing product quality and maintaining high-end service offerings to customers[21] - The global economy and the Group's business are anticipated to remain unstable but positive, with expectations of improved performance in the second half of 2019 due to resuming bidding activities[30] Research and Development - A research and development centre is being established in Hong Kong, expected to open in late 2019, in addition to the existing centre in Guangzhou[23] - The Group plans to establish new research and development centers in the PRC and Hong Kong to keep pace with technological changes in the industry[37] - A new research and development center for infrared body temperature screening systems and self-stabilized imaging products is expected to open later this year in Hong Kong[37] Shareholding and Corporate Governance - As of June 30, 2019, Mr. Yeung and Ms. Wong each hold 300,000,000 shares, representing approximately 75% of the total issued shares of 400,000,000[96] - The entire issued share capital of Peiport Alpha is owned as to 70% by Mr. Yeung and 30% by Ms. Wong, who is his spouse[96] - The company is approximately 75% owned by Peiport Alpha, which is controlled by Mr. Yeung and Ms. Wong[96] - The company has not disclosed any other substantial shareholders as of June 30, 2019, apart from the directors and chief executive[117] Expenses and Cash Flow - The Group's administrative expenses decreased by approximately HK$5.9 million, or by 30.7%, from approximately HK$19.2 million for the six months ended 30 June 2018 to approximately HK$13.3 million for the six months ended 30 June 2019[47] - The Group's other expenses decreased by approximately HK$2.7 million, or by 100.0%, due to the absence of foreign exchange loss recognised for the six months ended 30 June 2019 compared to approximately HK$1.9 million for the six months ended 30 June 2018[47] - For the six months ended 30 June 2019, net cash generated from operating activities was approximately HK$9.7 million, compared to approximately HK$11.5 million for the same period in 2018[59] - The cash flows used in investing activities for the six months ended June 30, 2019, were HK$(2,145,000), compared to HK$63,859,000 in 2018, indicating a substantial decrease in cash inflow from investments[200]

Financial Performance - Revenue for the year ended December 31, 2018, was HK$262,080,000, an increase from HK$238,406,000 in 2017, representing a growth of 9.0%[5] - Gross profit for 2018 was HK$94,055,000, up from HK$82,998,000 in 2017, indicating a gross profit margin improvement[5] - Profit for the year decreased to HK$11,507,000 in 2018 from HK$34,925,000 in 2017, reflecting a decline of 67.0%[5] - The company reported a profit before tax of HK$19,806,000 for 2018, a significant decrease from HK$44,215,000 in 2017, down by 55.2%[5] - The attributable profit to equity holders of the parent was HK$11,507,000 in 2018, compared to HK$34,469,000 in 2017, a decline of 66.7%[5] - For the year ended December 31, 2018, revenue increased from HK$238.4 million to HK$262.1 million, representing a growth of 9.9% compared to 2017[24] - The Group achieved a revenue increase of approximately 9.9% to approximately HK$262.1 million for the year ended 31 December 2018, compared to approximately HK$238.4 million for the corresponding year of 2017[38] - The Group's gross profit increased to approximately HK$94.1 million for the year ended 31 December 2018, representing an increase of approximately 13.4% from approximately HK$83.0 million for the year ended 31 December 2017[38] - Revenue from thermal imaging products was approximately HK$160.7 million for the year ended December 31, 2018, accounting for about 61.3% of the Group's total revenue[45] - Revenue from self-stabilised imaging products was approximately HK$43.5 million for the year ended December 31, 2018, representing about 16.6% of the Group's total revenue[50] - Revenue from general aviation products and services for the year ended December 31, 2018, was approximately HK$57.9 million, accounting for approximately 22.1% of the Group's total revenue[64] Assets and Liabilities - Total assets as of December 31, 2018, were HK$256,446,000, down from HK$304,699,000 in 2017, a decrease of 15.8%[7] - Total liabilities increased to HK$71,132,000 in 2018 from HK$38,731,000 in 2017, representing an increase of 83.5%[7] - As at 31 December 2018, the Group reported net current assets of approximately HK$172.6 million, down from approximately HK$251.1 million as at 31 December 2017[77] - The Group's cash and bank balances as at 31 December 2018 were approximately HK$52.9 million, representing an increase of approximately HK$12.3 million compared to HK$40.6 million as at 31 December 2017[77] Strategic Focus and Future Plans - The company plans to focus on market expansion and new product development in the upcoming fiscal year[15] - The management highlighted the importance of enhancing operational efficiency to improve profitability moving forward[15] - The company is exploring potential mergers and acquisitions to strengthen its market position and diversify its offerings[15] - The Group emphasizes research and development as a core competitive strength and plans to establish new R&D centers in China and Hong Kong in 2019[29] - The Group aims to enhance brand recognition and reputation by obtaining internationally recognized certificates for its products[31] - The Group plans to actively participate in industry exhibitions and trade fairs to expand its business network[31] - The Group is committed to maximizing long-term returns for shareholders while exploring new business opportunities[31] Market Trends and Product Development - The revenue growth was primarily driven by the performance of thermal imaging products, self-stabilised imaging products, and general aviation products and services[38] - The thermal imaging products market is experiencing rapid growth, particularly due to declining production costs and increasing applications across various industries[41] - Thermal imaging products are now widely used for infection prevention and epidemic control in public facilities such as hospitals and schools[41] - The market for civil and law enforcement self-stabilised imaging products is experiencing an upward trend driven by downstream user needs, indicating significant expansion potential in the industry[45] - The development of the Internet of Things (IoT) is expected to diversify the applications of self-stabilised imaging products, further promoting market growth[46] - The general aviation market in China is projected to become a key strategic emerging market, with national policies encouraging the purchase of general aviation aircraft[52] Corporate Governance and Management - The company has adopted the principles and code provisions of the Corporate Governance Code since its listing date, ensuring compliance throughout the reporting period[139] - The Board of Directors consists of six members, including three executive directors and three independent non-executive directors[149] - The company is committed to high corporate governance standards to safeguard shareholder interests and enhance corporate value[138] - The Board is collectively responsible for promoting the success of the company by directing and supervising its affairs[147] - The Audit Committee was established on December 18, 2018, in compliance with the Listing Rules and CG Code[158] - The primary duties of the Audit Committee include reviewing financial statements and overseeing internal control and risk management systems[159] Employee and Operational Insights - Total staff costs for the year ended December 31, 2018, were approximately HK$29.5 million, an increase from HK$25.6 million in 2017[88] - The group had a total of 140 employees as of December 31, 2018, down from 144 in the previous year[88] - The company will invest in recruitment of additional sales and marketing personnel and provide training to staff to keep them updated with the latest technological developments[59] Dividend Policy - The Company did not recommend the payment of a final dividend for the year ended December 31, 2018[89] - The Group adopted a Dividend Policy on February 22, 2019, focusing on maintaining sufficient resources and flexibility to meet financial and operational requirements while enhancing shareholder value for sustainable long-term yields[189] - The Company prioritizes cash dividends and shares profits with shareholders, with the dividend payout ratio determined at the Board's discretion based on financial results and future prospects[190]