Financial Performance - The company recorded unaudited revenue of approximately HKD 187,680,000 for the six months ended June 30, 2024, representing an increase of about 14.82% compared to HKD 163,460,000 for the same period in 2023[2] - The unaudited profit for the six months ended June 30, 2024, was approximately HKD 9,150,000, a decrease of about 20.85% from HKD 11,560,000 for the same period in 2023[2] - Basic earnings per share for the six months ended June 30, 2024, were approximately HKD 1.14, down from HKD 1.44 for the same period in 2023[2] - The total comprehensive income for the six months ended June 30, 2024, was HKD 9,672,000, compared to HKD 11,058,000 for the same period in 2023[4] - The company reported a net profit of HKD 11,558,000 for the six months ended June 30, 2024, compared to HKD 11,058,000 for the same period in 2023, showing a growth of about 4.5%[7] - Profit for the period decreased by approximately 20.85%, from HKD 11,560,000 for the six months ended June 30, 2023, to HKD 9,150,000 for the same period in 2024[44] Dividends - The board declared an interim dividend of HKD 1.4 cents per share for the six months ended June 30, 2024, compared to HKD 0.75 cents per share for the same period in 2023[2] - The group declared an interim dividend of HKD 0.014 per ordinary share for the six months ended June 30, 2024[52] - The interim dividend will be payable on September 10, 2024, to shareholders on record as of September 5, 2024[66] Assets and Liabilities - Total assets as of June 30, 2024, amounted to HKD 218,160,000, an increase from HKD 209,529,000 as of December 31, 2023[5] - As of June 30, 2024, total liabilities amounted to HKD 57,312,000, an increase from HKD 53,353,000 as of June 30, 2023, representing a growth of approximately 5.5%[6] - The total equity as of June 30, 2024, was HKD 160,848,000, up from HKD 150,291,000 on June 30, 2023, indicating an increase of about 7.1%[7] - The asset-to-liability ratio was approximately 1.14% as of June 30, 2024, down from 1.45% as of December 31, 2023[45] Cash Flow - Cash flow from operating activities for the six months ended June 30, 2024, was HKD 24,197,000, slightly down from HKD 25,374,000 for the same period in 2023, reflecting a decrease of approximately 4.6%[8] - The net cash flow from investing activities for the six months ended June 30, 2024, was negative HKD 19,602,000, compared to positive HKD 20,240,000 in the prior year, indicating a significant shift in investment cash flow[8] - The total cash and cash equivalents decreased to HKD 10,650,000 as of June 30, 2024, from HKD 52,930,000 at the end of June 30, 2023, representing a decline of approximately 79.9%[8] Employee Expenses - Employee benefit expenses increased to HKD 167,145,000 for the six months ended June 30, 2024, from HKD 147,411,000 for the same period in 2023[3] - Employee benefits expenses for the six months ended June 30, 2024, totaled HKD 167,145,000, an increase of 13.4% from HKD 147,411,000 for the same period in 2023[20] - The group employed a total of 1,613 employees as of June 30, 2024, with employee benefit expenses amounting to approximately HKD 167,150,000 for the six months ended June 30, 2024[53] Operational Highlights - The company operates a single business segment providing property management services in Hong Kong, with all assets located in the same region[12] - The group currently manages a portfolio of 17 public housing estates owned by the Hong Kong Housing Authority and 6 housing projects under the Home Ownership Scheme[38] - The group signed 4 new contracts during the review period, which are expected to commence in 2025[38] - The government plans to build approximately 360,000 public housing units over the next ten years, providing new opportunities for the group[40] - The group is collaborating with the Hong Kong University of Science and Technology to develop an innovative property management platform using digital twin technology[39] - The group remains optimistic about future business development opportunities in the public housing management market[40] Shareholder Information - As of June 30, 2024, Mr. Peng Yiting holds 687,649,500 shares, representing 85.95% of the company's equity[54] - Mr. Wu Fuhua holds 80,000,000 shares, accounting for 10.00% of the company's equity[54] - On January 26, 2024, the company entered into an agreement to purchase 473,870,000 shares, which represents approximately 59.23% of the company's issued share capital, at a maximum price of HKD 165,854,500, equivalent to HKD 0.35 per share[55] - After the acquisition, the offeror and its concert parties will collectively own 767,649,500 shares, which corresponds to approximately 69.23% of the total issued shares[56] - Major shareholder Asia United Infrastructure Holdings owns 687,649,500 shares, representing approximately 85.95% of the company's equity[58] Compliance and Governance - The company has adhered to all corporate governance codes as per GEM listing rules without any deviations as of June 30, 2024[64] - The company has implemented a code of conduct for directors regarding securities trading, compliant with GEM listing rules[65] - The audit committee has reviewed the unaudited condensed consolidated financial information for the six months ending June 30, 2024, and found it compliant with applicable accounting standards and GEM listing rules[68]

Financial Performance - For the year ended December 31, 2023, the group's revenue was approximately HKD 334.24 million, a decrease of about 17.67% compared to HKD 405.99 million in 2022[6]. - The group's operating profit for the year ended December 31, 2023, was approximately HKD 15.07 million, down approximately 35.71% from HKD 23.44 million in 2022[6]. - The net profit for the year ended December 31, 2023, was approximately HKD 17.77 million, a decrease of about 16.10% compared to HKD 21.18 million in 2022[6]. - The group's total comprehensive income for the year ended December 31, 2023, was HKD 17.885 million, compared to HKD 23.556 million in 2022[9]. - The basic and diluted earnings per share for the year ended December 31, 2023, were HKD 2.22, down from HKD 2.65 in 2022[8]. - Total expenses before income tax for 2023 amounted to HKD 321,384,000, a decrease of 17.9% from HKD 391,741,000 in 2022[32]. - The company's profit attributable to shareholders decreased to HKD 17,774,000 in 2023 from HKD 21,180,000 in 2022, representing a decline of approximately 16.9%[38]. - Earnings per share (EPS) fell to HKD 2.22 in 2023 compared to HKD 2.65 in 2022, a decrease of about 16.2%[38]. Dividends - The board proposed a final dividend of HKD 0.00625 per share, totaling HKD 5.00 million, down from HKD 6.00 million in 2022[6]. - The company declared an interim dividend of HKD 0.0075 per share for 2023, consistent with the dividend declared in 2022[39]. - The company declared an interim dividend of HKD 0.0075 per share, totaling HKD 6.00 million, and proposed a final dividend of HKD 0.00625 per share, totaling HKD 5.00 million for the year ended December 31, 2023[72]. Revenue Sources - The group's revenue from property management services for 2023 was HKD 334,240,000, a decrease of 17.6% compared to HKD 405,987,000 in 2022[30]. - The group had no other single customer contributing more than 10% of total revenue, with Customer A contributing HKD 334,240,000 in 2023, down from HKD 405,987,000 in 2022[29]. - Other income for the year was approximately HKD 3.845 million, a decrease from HKD 11.022 million in 2022[8]. - Other income decreased from approximately HKD 11.02 million for the year ended December 31, 2022, to about HKD 3.85 million for the year ended December 31, 2023, mainly due to a reduction in anti-epidemic subsidies received from the Hong Kong government[61]. Expenses and Cost Management - Employee benefit expenses totaled approximately HKD 301.08 million for the year ended December 31, 2023, down about 18.38% from HKD 368.89 million in 2022, representing about 90.08% of the group's revenue[63]. - The group reported a decrease in employee benefit expenses to HKD 301.075 million from HKD 368.888 million in 2022[8]. - The group experienced a reduction in cleaning materials costs to HKD 2.774 million from HKD 4.807 million in 2022[8]. - Cleaning materials costs for the year ended December 31, 2023, were approximately HKD 2.77 million, a decrease of 42.41% from HKD 4.81 million in 2022[65]. - Other operating expenses were approximately HKD 14.75 million for the year ended December 31, 2023, a decrease of about 2.12% from HKD 15.07 million in 2022[67]. Assets and Liabilities - Total assets increased to HKD 209,529 million in 2023, up from HKD 201,983 million in 2022, representing a growth of 3.7%[11]. - Total liabilities rose to HKD 53,353 million in 2023, compared to HKD 51,692 million in 2022, indicating an increase of 3.2%[13]. - Non-current assets, including property and equipment, decreased to HKD 1,162 million in 2023 from HKD 1,494 million in 2022, a decline of 22.3%[11]. - Trade receivables increased significantly to HKD 75,087 million in 2023, up from HKD 64,248 million in 2022, marking a growth of 16.5%[11]. - Total current liabilities decreased to HKD 51,750 million in 2023 from HKD 50,011 million in 2022, a reduction of 3.5%[13]. - The company's total liabilities to total assets ratio improved slightly, decreasing to 25.5% in 2023 from 25.6% in 2022[13]. Employee Information - The group had a total of 1,579 employees as of December 31, 2023, compared to 1,339 employees in 2022[63]. - The group employed 1,579 employees as of December 31, 2023, an increase from 1,339 employees in 2022, with employee benefit expenses amounting to approximately HKD 301.08 million in 2023, down from HKD 368.89 million in 2022[89]. Accounting Policies and Standards - The group has adopted new accounting standards effective from January 1, 2023, including HKFRS 1 and HKFRS 17, which are expected to have no significant impact on the financial statements[19]. - The group anticipates that the new accounting standards and amendments will not have a significant impact on the consolidated financial statements[20]. - The group has changed its accounting policy regarding the offsetting of long service payments due to the new Employment and Retirement Schemes (Amendment) Ordinance, effective from May 1, 2025[22]. - The group will no longer apply the "practical expedient" method for offsetting mandatory contributions under the new guidelines issued in July 2023[23]. - The change in accounting policy will result in an increase in long service payment liabilities for the year ending December 31, 2022[24]. Corporate Governance - The Audit Committee has reviewed the annual performance for the year ended December 31, 2023, ensuring compliance with financial reporting processes[101]. - The company has adhered to all corporate governance codes as of December 31, 2023, and will continue to enhance its governance standards[91]. - The directors confirm that all material information is accurate and complete, with no misleading or fraudulent elements[107]. Future Outlook - The group plans to implement proactive marketing strategies and enhance cost control measures to overcome challenges in the property management service sector[56]. - The group faced risks related to legal actions and claims, but the directors believe that any existing claims and legal proceedings will not have a significant financial impact as of December 31, 2023[55].

智通财经APP讯，亚洲联合基建控股(00711)及雅居投资控股(08426)联合公布，于2024年1月26日，要约 人俊和海外控股有限公司(买方)拟向R5A、吴福华先生、何柱明先生及邓降福先生收购约4.74亿股雅居 投资控股(08426)股份，占截至本联合公告日期目标公司已发行股本约59.23%，代价应为最多约1.66亿港 元，相当于每股待售股份0.350港元。要约人须于完成日期向卖方以现金支付约1.37亿港元。一旦盈利目 标达成，则须分阶段向R5A支付代价的剩余部份。 卖方被视为与要约人一致行动的人士。完成交易后，要约人及其一致行动人士(不包括卖方)将拥有合共 约4.74亿股目标公司股份(占本联合公告日期已发行目标公司股份约59.23%)以及要约人及其所有一致行 动人士(包括R5A)将拥有合共约5.54亿股目标公司股份(截至本联合公告日期占目标公司已发行股份约 69.23%)。 根据收购守则规则26.1，紧随完成交易后，要约人须就全部已发行目标公司股份(要约人及其一致行动 人士已拥有或同意收购者除外)提出强制无条件现金要约(即股份要约)。每股要约股份现金0.350港元， 较目标公司于2024年1月26日收市 ...

Financial Performance - For the nine months ended September 30, 2023, the group recorded unaudited revenue of approximately HKD 250.2 million, a decrease of about 23.6% compared to HKD 327.3 million for the same period in 2022[2]. - The group's unaudited profit for the nine months ended September 30, 2023, was approximately HKD 17.4 million, compared to HKD 14.4 million for the same period in 2022, reflecting an increase[2]. - For the three months ended September 30, 2023, the group reported unaudited revenue of HKD 86.7 million, down from HKD 106.3 million in the same period of 2022, representing a decrease of approximately 18.4%[3]. - The operating profit for the nine months ended September 30, 2023, was HKD 17.1 million, an increase from HKD 15.9 million in the same period of 2022[3]. - The basic and diluted earnings per share for the nine months ended September 30, 2023, were HKD 2.17, compared to HKD 1.80 for the same period in 2022, indicating growth[3]. - The total comprehensive income for the nine months ended September 30, 2023, was HKD 16.6 million, compared to HKD 14.0 million for the same period in 2022[4]. Expenses - Employee benefit expenses for the nine months ended September 30, 2023, were approximately HKD 223.7 million, down 25.0% from HKD 298.4 million in the same period of 2022[2]. - The group reported a decrease in other income from HKD 8.2 million in the nine months ended September 30, 2022, to HKD 3.8 million in the same period of 2023[3]. - Cleaning materials costs decreased from approximately HKD 4.1 million for the nine months ended September 30, 2022, to approximately HKD 2.0 million for the same period in 2023, attributed to fewer public housing contracts managed and reduced use of antiviral disinfectants[19]. - Other operating expenses decreased to approximately HKD 9.8 million for the nine months ended September 30, 2022, from HKD 11.4 million in the previous period, primarily due to reductions in insurance, security, and miscellaneous expenses[20]. Dividends - The group paid dividends totaling HKD 18.0 million during the nine months ended September 30, 2023[5]. - The company declared an interim dividend of HKD 6 million (HKD 0.75 per share) for the six months ended June 30, 2023[14]. - The company did not recommend the payment of dividends for the period ended September 30, 2022[15]. Shareholder Information - R5A Group Limited holds 491,440,000 shares, representing 61.43% of the company's issued share capital, with significant ownership by key executives[25]. - Major shareholder Yang Xiuyun holds 57,120,000 shares, accounting for 7.14% of the company's issued share capital[25]. Corporate Governance - The company has adhered to all corporate governance codes as per GEM listing rules, with no deviations reported[28]. - The audit committee has reviewed the unaudited consolidated results for the period and believes they comply with applicable accounting standards and GEM listing rules[32]. - The audit committee consists of independent non-executive directors, ensuring oversight of the financial reporting process[32]. - The company has adopted a code of conduct regarding securities trading by directors, in compliance with GEM listing rules[29]. - There have been no purchases, sales, or redemptions of the company's listed securities by the company or its subsidiaries during the period[30]. Market Outlook - The property management services for public housing in Hong Kong are expected to grow alongside the development of the public housing market, with the company optimistic about increasing its market share post-listing[22]. Financial Reporting - The financial information in the report has not been audited by the company's auditors[32]. - The report will be available on the GEM website and the company's website for at least seven days from the publication date[32]. - There have been no significant matters to disclose after the reporting period[31].

香港交易及結算所有限公司及聯交所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，並明確表示不會就因本公告全部或任 何部份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。 Modern Living Investments Holdings Limited 雅 居 投 資 控 股 有 限 公 司 （於開曼群島註冊成立的有限公司） （股份代號：8426） 截 至2023年9月30日 止 九 個 月 之 第 三 季 度 業 績 公 告 香港聯合交易所有限公司（「聯交所」）GEM的特色 GEM乃為中小型公司提供一個上市的市場，此等公司較於聯交所上市的 其他公司帶有更高投資風險。有意投資者應了解投資於該等公司的潛在 風險，並應經過審慎周詳考慮後方作出投資決定。 由於GEM上市公司普遍為中小型公司，在GEM買賣的證券可能會較於聯 交所主板買賣的證券承受較大的市場波動風險，同時亦無法保證在GEM 買賣的證券會有高流通量的市場。 本公告乃遵照聯交所GEM證券上市規則（「GEM上市規則」）的規定提供有 關雅居投資控股有限公司（「本公司」，連同其附屬公司統稱「本集團」或「我 們」）的資料，本公司董事（統稱「 ...

Financial Performance - The group recorded unaudited revenue of approximately HKD 163.5 million for the six months ended June 30, 2023, a decrease of about 26.0% compared to HKD 221.0 million for the same period in 2022[6] - The unaudited profit for the six months ended June 30, 2023, was approximately HKD 11.6 million, an increase of about 26.1% from HKD 9.2 million for the same period in 2022[6] - Basic earnings per share for the six months ended June 30, 2023, were approximately HKD 1.44, compared to HKD 1.15 for the same period in 2022[6] - Operating profit for the six months ended June 30, 2023, was HKD 12.2 million, an increase from HKD 10.0 million for the same period in 2022[7] - Total comprehensive income for the six months ended June 30, 2023, was HKD 11.1 million, compared to HKD 8.8 million for the same period in 2022[8] - The company reported a profit of HKD 11,558,000 for the six months ended June 30, 2023, compared to HKD 9,213,000 for the same period in 2022, indicating a growth of 25.4%[10] - Net profit for the three months ended June 30, 2023, was HKD 6,414, an increase of 34.7% from HKD 4,758 in 2022[29] Dividends - The board declared an interim dividend of HKD 0.75 per share for the six months ended June 30, 2023, unchanged from the same period in 2022[6] - The interim dividend declared for the six months ended June 30, 2023, was HKD 0.75 per share, consistent with the dividend of HKD 0.75 per share for the same period in 2022[69] Expenses and Liabilities - Employee benefit expenses decreased to HKD 147.4 million for the six months ended June 30, 2023, from HKD 203.0 million for the same period in 2022, a reduction of approximately 27.4%[7] - Other income for the six months ended June 30, 2023, was HKD 3.5 million, down from HKD 6.1 million for the same period in 2022[7] - The company's total liabilities increased slightly to HKD 52,866,000 as of June 30, 2023, from HKD 51,692,000 as of December 31, 2022, an increase of 2.3%[9] - The group’s employee benefit expenses remained stable at approximately HKD 147.4 million for the six months ended June 30, 2023, compared to approximately HKD 203.0 million for the same period in 2022[44] Assets and Cash Flow - Total assets increased to HKD 214,215,000 as of June 30, 2023, compared to HKD 201,983,000 as of December 31, 2022, representing a growth of 6.1%[9] - Cash and cash equivalents increased to HKD 95,896,000 as of June 30, 2023, from HKD 76,758,000 as of June 30, 2022, marking a rise of 25.0%[11] - Net cash generated from operating activities for the six months ended June 30, 2023, was HKD 24,275,000, a decrease of 19.4% from HKD 30,281,000 in the same period of 2022[11] - Trade receivables decreased to HKD 54,196,000 as of June 30, 2023, down from HKD 64,248,000 as of December 31, 2022, a decline of 15.6%[9] Business Operations - The company continues to focus on property management services primarily in Hong Kong, with no new business segments reported[15] - Revenue from property management services decreased from approximately HKD 221.0 million for the six months ended June 30, 2022, to approximately HKD 163.5 million for the six months ended June 30, 2023, a decrease of about 26.0%[43] - Property management service revenue for the three months ended June 30, 2023, was HKD 85,212, a decrease of 20.5% from HKD 106,993 in 2022[20] Shareholder Information - R5A Group Limited holds 491,440,000 shares, representing 61.43% of the company's issued share capital[62] - Major shareholder Yang Xiuyun holds 57,120,000 shares, representing 7.14% of the company's issued share capital[62] - The board members and key executives have significant shareholdings, with the largest being 491,440,000 shares held by R5A Group Limited[60] Corporate Governance - The company has complied with all corporate governance codes as per GEM Listing Rules Appendix 15 during the six months ended June 30, 2023[67] - The audit committee has reviewed the unaudited condensed consolidated results for the six months ended June 30, 2023, and confirmed compliance with applicable accounting standards and GEM Listing Rules[71] - The company has adopted a code of conduct regarding securities trading by directors, ensuring compliance with GEM Listing Rules[68] Legal and Compliance - The group maintains sufficient insurance coverage against potential legal claims, with no significant financial impact expected from current claims as of June 30, 2023[57] - The company does not foresee any major financial impact from ongoing legal proceedings as of June 30, 2023[57] - The company has not been informed of any business interests that may compete with the group from directors or controlling shareholders as of June 30, 2023[66] Employee Information - The group had 1,415 employees as of June 30, 2023, with employee benefit expenses of approximately HKD 147.4 million for the six months ended June 30, 2023, compared to approximately HKD 203.0 million for the same period in 2022[59] - The group regularly reviews compensation packages to attract and retain high-performing employees[59] - The group has a policy of granting discretionary bonuses based on performance to eligible employees[59]

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，並明確表示不會就 因本公告全部或任何部份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。 Modern Living Investments Holdings Limited 雅 居 投 資 控 股 有 限 公 司 （於開曼群島註冊成立的有限公司） （股份代號：8426） 截 至2023年6月30日 止 六 個 月 之 中 期 業 績 公 告 香港聯合交易所有限公司（「聯交所」）GEM的特色 GEM乃為中小型公司提供一個上市的市場，此等公司較於聯交所上市的 其他公司帶有更高投資風險。有意投資者應了解投資於該等公司的潛在 風險，並應經過審慎周詳考慮後方作出投資決定。 由於GEM上市公司普遍為中小型公司，在GEM買賣的證券可能會較於聯 交所主板買賣的證券承受較大的市場波動風險，同時亦無法保證在GEM 買賣的證券會有高流通量的市場。 本公告乃遵照聯交所GEM證券上市規則（「GEM上市規則」）的規定提供有 關雅居投資控股有限公司（「本公司」，連同其附屬公司統稱「本集團」或「我 們」）的資料，本公司各 ...

Financial Performance - For the three months ended March 31, 2023, the company's revenue was HKD 78,250,000, a decrease of 31.3% compared to HKD 113,966,000 for the same period in 2022[2] - The operating profit for the same period was HKD 4,735,000, showing an increase of 5.5% from HKD 4,486,000 in the previous year[2] - The net profit for the period was HKD 5,144,000, up 15.5% from HKD 4,455,000 in the prior year[2] - Total comprehensive income for the period was HKD 4,894,000, compared to HKD 4,063,000 in the same period last year, reflecting a growth of 20.5%[2] - The company reported a basic and diluted earnings per share of HKD 0.64, an increase from HKD 0.56 in the previous year[2] - Net profit for the period increased to approximately HKD 5.1 million in Q1 2023 from HKD 4.5 million in Q1 2022, mainly due to an increase in foreign exchange gains[23] Revenue and Income Sources - Revenue from property management services decreased from approximately HKD 114.0 million in Q1 2022 to approximately HKD 78.3 million in Q1 2023, primarily due to the termination of several property management contracts[18] - Other income decreased from approximately HKD 4.9 million in Q1 2022 to approximately HKD 2.8 million in Q1 2023, mainly due to a reduction in government subsidies[19] Expenses and Cost Management - Employee benefit expenses decreased to HKD 73,246,000 from HKD 108,347,000, representing a reduction of 32.4%[10] - Employee benefits expenses totaled approximately HKD 73.2 million in Q1 2023, down from HKD 108.3 million in Q1 2022, attributed to a decrease in the number of managed public housing contracts[20] - Cleaning materials costs were approximately HKD 0.7 million in Q1 2023, compared to HKD 1.6 million in Q1 2022, also due to a reduction in managed public housing contracts[21] - Other operating expenses decreased from approximately HKD 3.5 million in Q1 2022 to approximately HKD 2.8 million in Q1 2023, driven by reductions in insurance and maintenance costs[22] Shareholder Information - As of March 31, 2023, the company’s major shareholders include Ms. Tan Mu Jie with a 67.93% stake through R5A Group Limited[25] - R5A Group Limited holds 491,440,000 shares, representing 61.43% of the company's issued share capital as of March 31, 2023[28] - Major shareholders include Yang Xiuyun, holding 57,120,000 shares, which is 7.14% of the company[28] Corporate Governance - The board is not aware of any competition-related interests held by directors or major shareholders as of March 31, 2023[29] - The company has adhered to all corporate governance codes as per GEM listing rules without deviation as of March 31, 2023[30] - The company has established a code of conduct for directors regarding securities trading, in line with GEM listing rules[31] Audit and Compliance - The financial information in the report has not been audited but has been reviewed by the audit committee, confirming compliance with applicable accounting standards[34] - The audit committee consists of independent non-executive directors, ensuring oversight of the financial reporting process[34] - There have been no significant subsequent events reported after March 31, 2023, up to the report date[33] Market Outlook - The outlook for the property market in Hong Kong remains positive, with expectations for growth in public housing property management services[24] - The company aims to increase its market share following its listing, capitalizing on opportunities in the public housing sector[24] Dividend Policy - The company does not recommend the payment of dividends for the period ending March 31, 2023, consistent with the previous year[16] Publication and Transparency - The report will be published on the GEM website and the company's website for at least seven days from the publication date[35] - No purchases, sales, or redemptions of listed securities occurred by the company or its subsidiaries during the three months ending March 31, 2023[32] Business Operations - The company operates primarily in property management services in Hong Kong, with no significant changes in business segments reported[8] - The company continues to focus on providing public housing property management services in Hong Kong, with no new product or technology developments disclosed in the report[5] - The company has adopted new and revised Hong Kong Financial Reporting Standards effective January 1, 2023, with no significant impact on reported amounts[7]

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，並明確表示不會就 因本公告全部或任何部份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。 Modern Living Investments Holdings Limited 雅 居 投 資 控 股 有 限 公 司 （於開曼群島註冊成立的有限公司） （股份代號：8426） 截 至2023年3月31日 止 三 個 月 之 第 一 季 度 業 績 公 告 香港聯合交易所有限公司（「聯交所」）GEM的特色 GEM乃為中小型公司提供一個上市的市場，此等公司較於聯交所上市的 其他公司帶有更高投資風險。有意投資者應了解投資於該等公司的潛在 風險，並應經過審慎周詳考慮後方作出投資決定。 由於GEM上市公司普遍為中小型公司，在GEM買賣的證券可能會較於聯 交所主板買賣的證券承受較大的市場波動風險，同時亦無法保證在GEM 買賣的證券會有高流通量的市場。 本公告乃遵照聯交所GEM證券上市規則（「GEM上市規則」）的規定提供有 關雅居投資控股有限公司（「本公司」），連同其附屬公司統稱「本集團」或「我 ...

Financial Performance - Total revenue for the year ended December 31, 2022, was approximately HKD 405.99 million, a decrease of about 15.38% from HKD 479.76 million in 2021[7]. - Operating profit for the same period was approximately HKD 23.44 million, down about 22.41% from HKD 30.21 million in 2021, primarily due to a reduction in the number of public housing contracts[7]. - Basic and diluted earnings per share for the year were HKD 0.0265, compared to HKD 0.0318 in 2021[8]. - Profit attributable to owners decreased from approximately HKD 25.46 million for the year ended December 31, 2021, to approximately HKD 21.18 million for the year ended December 31, 2022[29]. - Net profit for the year was HKD 21,180,000, a decline of 16.5% compared to HKD 25,457,000 in 2021[183]. - Total comprehensive income for the year was HKD 23,556,000, slightly down from HKD 23,888,000 in 2021, a decrease of 1.4%[184]. Dividends - The board proposed a final dividend of HKD 0.0075 per share, totaling HKD 6.00 million, down from HKD 12.00 million in 2021[8]. - The company declared an interim dividend of HKD 0.0075 per share, totaling HKD 6.00 million for the year ended December 31, 2022, compared to no dividend in 2021[30]. - The proposed final dividend for the same period is also HKD 0.0075 per share, amounting to HKD 6.00 million, compared to HKD 12.00 million in 2021[117]. - The company paid dividends totaling HKD 18,000,000 in 2022, compared to HKD 12,000,000 in 2021, representing a 50% increase in dividend payouts[191]. Revenue Sources - Total revenue from the Housing Authority, the company's sole and most significant client, was approximately HKD 405.99 million, accounting for nearly 100% of total revenue[131]. - Other income increased from approximately HKD 2.07 million in 2021 to about HKD 11.02 million in 2022, mainly due to pandemic relief subsidies received from the Hong Kong government[17]. - The company faced a significant reliance on five major suppliers, which accounted for approximately 81.57% of cleaning material costs[131]. Employee and Operational Costs - Employee benefit expenses totaled approximately HKD 368.89 million for the year ended December 31, 2022, a decrease of about 9.44% from HKD 407.35 million in 2021, accounting for approximately 90.86% of the group's revenue[19]. - The group employed 1,339 employees as of December 31, 2022, a significant reduction from 2,264 employees in 2021, indicating a workforce reduction of approximately 40.9%[44]. - Cleaning materials costs decreased by 20.63% to approximately HKD 4.81 million for the year ended December 31, 2022, compared to HKD 6.06 million in 2021, mainly due to a reduction in public housing contracts[22]. - Other operating expenses were approximately HKD 15.07 million for the year ended December 31, 2022, down about 5.58% from HKD 15.96 million in 2021[23]. Financial Position - The current ratio improved to 3.85 times as of December 31, 2022, from 3.20 times as of December 31, 2021, primarily due to a decrease in other payables and accrued liabilities[34]. - The total equity increased to approximately HKD 150.29 million as of December 31, 2022, from HKD 144.74 million in 2021[31]. - The company’s total liabilities decreased from HKD 64,553,000 in 2021 to HKD 51,692,000 in 2022, a reduction of about 19.9%[186]. - Cash and cash equivalents dropped significantly from HKD 40,915,000 in 2021 to HKD 11,387,000 in 2022, representing a decrease of about 72.1%[191]. Governance and Compliance - The board of directors emphasizes the importance of transparency and accountability for the company as a listed entity, adhering to the corporate governance code since its listing[64]. - The company has maintained compliance with all provisions of the corporate governance code as of December 31, 2022[64]. - The company has established a framework for effective management and business development through good corporate governance practices[64]. - The company has adopted a board diversity policy since its listing date, focusing on measurable goals related to gender, age, race, knowledge, and tenure[86]. Risk Management - The company emphasizes the importance of effective risk management for long-term business development[96]. - The company has identified significant risks related to fraud or error that could lead to material misstatements in the financial statements[178]. - The risk management framework aims to identify and manage risks at an acceptable safety level, utilizing a three-tiered approach[97]. Audit and Internal Controls - The independent auditor's report confirmed that the consolidated financial statements reflect the group's financial position as of December 31, 2022, in accordance with applicable financial reporting standards[164]. - The audit committee reviewed the audited consolidated financial statements and confirmed compliance with applicable disclosure requirements[162]. - The company has not established an independent internal audit department but has engaged an external consulting firm for internal control advisory[96]. Strategic Initiatives - The company anticipates strong demand for public housing in Hong Kong, which is expected to drive the expansion of property management services[9]. - The group plans to implement proactive marketing strategies and enhance cost control measures to overcome challenges in the property management sector[13]. - The company is focused on expanding its property management portfolio by seizing opportunities from both public and private sectors in residential and/or commercial properties[10].