备注：持股数变动有可能因供股、合股、拆股等情况引起，请注意对照实际情况进行辨别。 智通财经APP获悉，立高控股(08472)、东方支付集团控股(08613)、()于2025年8月14日进行了最新股东 权益披露。 | 股票名称 | 机构名称 | 性质 | 变动前持股 | 变动后持股 | 持股比 | | --- | --- | --- | --- | --- | --- | | 立高控股 | 何航宇 | 好仓 | 1243.40 万股 | 903.40 万股 | 7.84%(最新) | | (08472) | | | | | 10.79%(前次) | | 东方支付集团控 | Metagate | 好仓 | 4.40 亿股 | 4.34 亿股 | 22.54%(最新) | | 股(08613) | Investment SPC | | | | 22.87%(前次) | | 东方支付集团控 | Rainbow Capital | 好仓 | 4.41 亿股 | 4.34 亿股 | 22.54%(最新) | | 股(08613) | Limited | | | | 22.87%(前次) | | () | Old Peak ...

香港联交所最新资料显示，8月8日，叶永春减持立高控股(08472)450万股，每股作价0.405港元，总金额 为182.25万港元。减持后最新持股数目为561.45万股，最新持股比例为4.87%。 ...

智通财经APP获悉，香港联交所最新资料显示，8月8日，叶永春减持立高控股(08472)450万股，每股作 价0.405港元，总金额为182.25万港元。减持后最新持股数目为561.45万股，最新持股比例为4.87%。 ...

Business Strategy and Expansion - The company is strategically repositioning its business to achieve future growth amid a challenging market environment, including labor shortages and rising operational costs[9]. - The decision to enter the online gaming industry represents a significant expansion into the digital entertainment sector, with initial investments made to establish a foothold[9]. - The company is focused on prudent management during this transitional period, with a priority on nurturing the new online gaming business while stabilizing the environmental services business[10]. - The board remains confident in the diversification strategy, which is supported by prudent financial management and operational expertise to create sustainable long-term value[10]. - The company will continue to explore and identify new business opportunities to broaden its scope and benefit from diversified returns in the future[12]. - The company has sold a major subsidiary during the year, which has reduced its revenue base but was a strategic decision to reallocate resources more efficiently[9]. - The group established its first online gaming licensing agreement in April 2024, marking its expansion into the online gaming industry[13]. - The company is expanding its operations in the waste management sector through the acquisition of specialized vehicles[37]. Financial Performance - The group's revenue decreased by approximately 39.6% from about HKD 948.7 million for the year ended December 31, 2023, to approximately HKD 573.4 million for the reporting period[14]. - The service cost reduced by approximately 39.6% to about HKD 537.5 million, compared to HKD 890.7 million in 2023[20]. - Gross profit decreased by approximately 38.2% to about HKD 35.9 million, down from HKD 58.0 million in 2023[21]. - The group recorded a profit attributable to shareholders of approximately HKD 3.4 million for the reporting period, compared to HKD 14.1 million in the same period of 2023[26]. - The group’s cash and cash equivalents were approximately HKD 76.7 million as of December 31, 2024, down from HKD 102.0 million in 2023[28]. - The group’s net current asset value was approximately HKD 117.2 million as of December 31, 2024, compared to HKD 61.8 million in 2023[29]. - The group’s gross margin increased to approximately 6.3% for the year ended December 31, 2024, from 6.1% in 2023[22]. - The group’s administrative expenses decreased by approximately 4.2% to about HKD 35.8 million, compared to HKD 37.3 million in 2023[24]. - The group’s financing costs were approximately HKD 3.8 million for the year ended December 31, 2024, compared to HKD 5.9 million in 2023[25]. - The net proceeds from the initial public offering amounted to approximately HKD 18.7 million, which is HKD 2.1 million short of the estimated net proceeds of HKD 20.8 million disclosed in the prospectus[31]. - The company raised approximately HKD 41.7 million from the rights issue, with the net proceeds allocated for performance guarantee reserves (HKD 26.0 million) and purchasing additional vehicles (HKD 7.0 million)[32]. - As of December 31, 2024, the company's asset-liability ratio is approximately 0.2 times, a significant decrease from 0.9 times in 2023[34]. Governance and Compliance - The company has appointed new executive directors with extensive experience in finance and investment management[39][40][41]. - The new executive directors will be responsible for managing the company's investment portfolio and strategic development in China[40]. - The financial management team has a strong background in accounting and corporate finance, enhancing the company's governance[39][45]. - The company is focused on compliance management and operational efficiency in its daily operations[41]. - The independent non-executive directors bring over 20 years of experience in accounting and corporate financing[42][45]. - The company has established specific committees to oversee various aspects of its operations, including audit, remuneration, and nomination[92]. - The company has established a nomination committee responsible for recommending directors and succession planning, consisting of one executive director and two independent non-executive directors[99]. - The company has adopted internal guidelines requiring board approval for significant operational initiatives and investment decisions[90]. - The audit committee consists of three independent non-executive directors, ensuring compliance with applicable accounting standards and GEM Listing Rules[96]. - The board is responsible for identifying key business risks and ensuring appropriate systems are in place to manage those risks[90]. - The company has established a communication policy with shareholders to enhance engagement and transparency since July 18, 2017[113]. - The company has complied with all applicable corporate governance codes as of December 31, 2024[85]. Environmental, Social, and Governance (ESG) Practices - The company is committed to environmental, social, and governance (ESG) practices, integrating sustainability into its business strategy[123]. - The company aims to improve service quality by setting higher standards for sustainable development[125]. - The board of directors is responsible for overseeing the company's ESG strategy and risk management[126]. - A risk management working group has been established to monitor risks related to ESG and ensure effective internal controls[128]. - The company has implemented ISO 14001 standards to minimize environmental pollution in daily operations[125]. - The company encourages suppliers and customers to understand environmental factors to share corporate social responsibility[125]. - The company has committed to enhancing occupational health and safety measures for employees[125]. - The ESG report is prepared in accordance with the GEM Listing Rules and aims for transparency and accuracy in performance reporting[121]. - The company achieved a 55% reduction in absolute greenhouse gas emissions compared to the previous fiscal year[136]. - The total waste paper generated decreased by 34% year-on-year[136]. - Diesel consumption was reduced by 26% and oil consumption decreased by 45%[136]. - Over 90% of the company's vehicles meet the Euro 5 or higher standards, contributing to significant environmental benefits[140]. - Nitrogen oxides (NOx) emissions decreased from 27,110 kg in the previous year to 12,330 kg in the current year[140]. - Sulfur oxides (SOx) emissions reduced from 40 kg to 18 kg year-on-year[140]. - Particulate matter (PM) emissions dropped from 2,106 kg to 751 kg compared to the previous fiscal year[140]. - The company is committed to improving resource efficiency and aims to limit or reduce water and electricity usage to 2021 levels by 2030[150]. - The company continues to monitor waste generation and disposal methods, adhering to waste management principles to minimize environmental impact[145]. - The company has implemented regular maintenance of machinery and tools to promote effective resource usage, ensuring compliance with standards and enhancing asset durability[152]. Employee and Workplace Dynamics - Employee composition for the reporting period shows a total of 645 employees, with 47% male and 53% female, compared to 3,279 employees in the previous year[163]. - The employee turnover rate is reported at 44% for males and 50% for females, indicating a significant change in workforce dynamics[168]. - The average training hours for employees were 20 hours for directors, 15 hours for management, and 2 hours for regular employees[136]. - The company has implemented a series of health and safety measures to ensure employee well-being, including the distribution of sanitizers and masks[175]. - The company emphasizes a performance management mechanism that includes annual evaluations based on specific, measurable, and actionable criteria[171]. - The company has a strict non-discrimination hiring policy to promote diversity and equal opportunities in the workplace[172]. - The average training hours for supervisory employees was 20 hours, while management employees averaged 15 hours during the reporting period[177]. - The company has not recorded any work-related fatalities during the reporting period[176]. - The company encourages employee feedback on safety procedures to enhance workplace safety awareness[175]. Community Engagement and Social Responsibility - The company has donated HKD 5,000 to support community initiatives and has engaged employees in 24 hours of community service activities[190]. - During the reporting period, the company received 83 complaints, which were all properly handled, indicating a significant reduction in complaints compared to previous fiscal years[182]. Compliance and Risk Management - The company has not encountered any significant incidents of non-compliance with anti-corruption laws during the reporting period[189]. - The company emphasizes the importance of intellectual property and ensures that all software used is properly licensed[185]. - The company actively monitors its supply chain and promotes sustainable procurement practices to minimize environmental impact[180]. - The management supports resource investment in various areas to maintain and enhance service quality[182]. - The company has established a whistleblowing mechanism for employees to report potential violations or conflicts of interest anonymously[187].

立高控股有限公司为本地清洁业优质公司之一。公司於1999年成立,名为"卓士清洁有限公司"。在90年 代初,公司发展稳步向上,於2006年8月正式改名为[立高服务有限公司](以下简称︰立高/LSL或Lapco)。立 高於业界拥有多年之经验,由起初为客户提供简便之清洁服务发展至现时为政府机构﹑各大工商构及物 业管理公司提供大型清洁服务。时至今日,公司曾为不同行业提供专业及饭质之清洁服务,例如:各大公营 及私人机构﹑物业管理公司﹑政府部门﹑教育机构等。在选用人材方面,现时立高所聘用之员工超过 2000名,各员工一律经过专业培训,为客户提供专业及优质之服务,成绩有目共睹。为进一步提供更专业及 更优质之清洁服务,公司精益求精,并於1999年获质量保证体系认证证书ISO9002:1994及在2000年提升品 质检定标准至ISO9001:2008。其后更於2005年6月获环境管理体系认证证书ISO14001:2004,这样对客户 有进一步的确定及信心,并且在2007年5月获OHSAS18001:2007职业健康及安全管理体系认证证书。自成 立以来,公司贯彻提供专业及优质之服务态度,不断改进,努力创新。 (以上内容为金融界基 ...

Financial Performance - For the fiscal year ending December 31, 2024, total revenue was HKD 573,390,000, a decrease of 39.5% compared to HKD 948,683,000 in 2023[3] - Gross profit for the same period was HKD 35,854,000, down 38.2% from HKD 58,021,000 in the previous year[3] - The company reported a net profit attributable to owners of HKD 3,385,000, a significant decline of 76.0% from HKD 14,060,000 in 2023[3] - Basic earnings per share decreased to HKD 0.04 from HKD 0.38, representing a drop of 89.5%[3] - The total revenue for the year 2024 is HKD 573.39 million, a decrease of 39.6% from HKD 948.68 million in 2023[15] - Revenue from cleaning services is HKD 440.40 million, down 46.1% from HKD 816.33 million in the previous year[14] - Revenue from pest management services is HKD 13.38 million, a decline of 44.7% compared to HKD 24.11 million in 2023[14] - Revenue from waste management and recycling services is HKD 95.64 million, a decrease of 6.9% from HKD 101.38 million in 2023[15] - The company generated HKD 562.37 million from customer contracts, which is a 40.3% decrease from HKD 942.56 million in the previous year[14] - Government clients contributed HKD 457.80 million, down 44.8% from HKD 830.20 million in 2023[14] Assets and Liabilities - Total assets as of December 31, 2024, were HKD 241,548,000, an increase from HKD 160,861,000 in 2023[4] - Non-current assets rose to HKD 88,770,000 from HKD 46,320,000, reflecting a growth of 91.5%[4] - Current liabilities increased to HKD 179,699,000 from HKD 43,629,000, indicating a rise of 311.5%[4] - As of December 31, 2024, total trade receivables were HKD 46,330,000, a decrease of 63.4% from HKD 126,503,000 in 2023[40] - The aging analysis of trade receivables showed that HKD 18,909,000 was within 30 days, down from HKD 77,670,000 in 2023, indicating a decline in timely payments[41] - The company had overdue trade receivables of HKD 962,000 as of December 31, 2024, compared to HKD 3,002,000 in 2023, showing an improvement in collection[42] - The book value of trade receivables pledged as collateral for bank loans was HKD 32,670,000 in 2024, down from HKD 126,067,000 in 2023[43] - The total liabilities as of December 31, 2024, were HKD 60,805,000, with cleaning services accounting for HKD 20,226,000 of this total[24] Operational Changes and Strategies - The company plans to expand its environmental hygiene services, including cleaning, pest management, waste management, and landscaping services[5] - The company is focused on enhancing its operational efficiency and exploring potential acquisitions to strengthen its market position[5] - The company’s business operations have expanded to include services in mainland China, in addition to its traditional Hong Kong market[13] - The group expanded its main business into the online gaming industry, establishing its first online gaming licensing agreement in April 2024[50] - The group will continue to explore new business opportunities to diversify and enhance returns[49] Employee and Administrative Costs - The company’s total employee costs decreased significantly from HKD 757,789,000 in 2023 to HKD 428,054,000 in 2024, a reduction of approximately 43%[33] - The company’s administrative expenses for the fiscal year ending December 31, 2024, were HKD 35,761,000[22] - Administrative expenses decreased by approximately 4.2% to HKD 35.8 million, representing about 6.2% of total revenue[60] - As of December 31, 2024, the group had 645 full-time and part-time employees, a significant decrease from 3,279 employees in 2023[53] Financial Reporting and Compliance - The company has not applied any new Hong Kong Financial Reporting Standards that are expected to have a significant impact on its financial performance[9] - The company is evaluating the impact of the new Hong Kong Financial Reporting Standard No. 18, but does not anticipate any significant effects on its financial position[11] - The company confirms that the information in the announcement is accurate and complete in all material aspects[92] - The announcement will be available on the GEM website and the company's website for at least seven days from the publication date[92] Dividends and Shareholder Information - The company did not declare any dividends for the year ending December 31, 2024, consistent with 2023[35] - No final dividend is recommended for the year ending December 31, 2024, compared to none in 2023[86] - The next annual general meeting will be held on June 6, 2025[87] - Share transfer registration will be suspended from June 3, 2025, to June 6, 2025[88] Corporate Governance - The company has complied with all applicable corporate governance codes as per GEM listing rules as of December 31, 2024[76] - Three directors, including Mr. Wang Rong, Ms. Liu Jingjing, and Mr. Liang Jiawei, will retire at the next annual general meeting but are eligible and willing to be re-elected[77] - The audit committee consists of three independent non-executive directors, with Mr. Zhou Runzhang serving as the chairman[89] Other Financial Metrics - The company reported other income of HKD 11,915,000 for the fiscal year ending December 31, 2024[22] - The company incurred a loss of HKD 2,431,000 from the sale of a subsidiary during the fiscal year ending December 31, 2024[22] - The company reported a total revenue of HKD 11,915,000 for other income in 2024, compared to HKD 3,805,000 in 2023, representing an increase of approximately 213%[29] - The company incurred a loss of HKD 134,000 from the sale of machinery and equipment in 2024, compared to a loss of HKD 28,000 in 2023, indicating a significant increase in losses[30] - The company’s financing costs decreased to HKD 3,848,000 in 2024 from HKD 5,864,000 in 2023, reflecting a reduction of approximately 34%[33]

Financial Performance - Revenue for the six months ended June 30, 2024, was HKD 461,249,000, a decrease of 5.0% compared to HKD 485,442,000 for the same period in 2023[2] - Gross profit for the same period was HKD 23,402,000, down 12.8% from HKD 26,783,000 in 2023[2] - The net profit attributable to owners of the company was HKD 6,852,000, a decrease of 11.2% from HKD 7,715,000 in the previous year[2] - The group reported a profit before tax of HKD 7,953,000 for the six months ended June 30, 2024, compared to HKD 9,016,000 for the same period in 2023, indicating a decrease of approximately 11.8%[12][13] - The net profit attributable to shareholders for the six months ended June 30, 2024, was HKD 6,852,000, down from HKD 7,715,000 for the same period in 2023, representing a decrease of approximately 11.2%[21] - Net profit after tax decreased by approximately 11.1% to HKD 6.9 million from HKD 7.7 million in the prior year, impacted by reduced gross profit and losses from the sale of a subsidiary[37] Cash Flow and Assets - Cash and cash equivalents at the end of the period increased to HKD 84,218,000 from HKD 72,277,000 at the end of 2023[3] - Total assets decreased to HKD 171,903,000 from HKD 150,619,000 at the end of 2023[3] - Total assets as of June 30, 2024, amounted to HKD 219,749,000, with significant contributions from cash and bank balances of HKD 84,218,000 and other receivables of HKD 33,886,000[14] - Total assets as of June 30, 2024, amounted to HKD 330,318,000, a decrease from HKD 330,318,000 as of December 31, 2023[15] - The group's current assets net value was approximately HKD 117.0 million as of June 30, 2024, an increase from HKD 61.8 million as of December 31, 2023[39] Liabilities and Equity - The group’s liabilities totaled HKD 69,906,000, with bank and other borrowings accounting for HKD 21,560,000 and lease liabilities at HKD 21,703,000[14] - Total liabilities as of June 30, 2024, were HKD 229,039,000, compared to HKD 229,039,000 as of December 31, 2023[16] - The company’s total equity increased to HKD 149,843,000 from HKD 101,279,000 at the end of 2023[3] - The group's equity attributable to owners was approximately HKD 149.8 million as of June 30, 2024, up from HKD 101.3 million as of December 31, 2023[40] Operational Highlights - Total revenue for the six months ended June 30, 2024, was HKD 461,249,000, with a breakdown of HKD 399,232,000 from cleaning services, HKD 12,794,000 from pest management, HKD 49,074,000 from waste management and recycling, and HKD 149,000 from gardening services[12] - The group’s segment performance showed cleaning services generated a profit of HKD 22,935,000, while pest management services contributed HKD 43,000, waste management and recycling services contributed HKD 414,000, and gardening services contributed HKD 10,000[12] - The group has entered the online gaming industry, signing its first licensing agreement in April 2024, with expected revenue generation by the end of the fiscal year 2025[38] Expenses and Costs - The group’s administrative expenses for the six months ended June 30, 2024, were HKD 19,517,000, compared to HKD 17,707,000 for the same period in 2023, reflecting an increase of approximately 10.3%[12][13] - The total employee costs for the six months ended June 30, 2024, were HKD 359,827,000, a decrease of 8.4% from HKD 392,914,000 in the previous year[18] - Financing costs rose by approximately 63.6% from HKD 2.2 million to HKD 3.6 million, representing about 0.4% and 0.8% of revenue for the respective periods[37] Shareholder and Corporate Governance - The company issued 72 million new shares through a rights issue, raising approximately HKD 43.2 million, with a net amount of about HKD 41.7 million[35] - As of June 30, 2024, major shareholders include Mr. Tam Wai Tong with 23,920,000 shares (24.92%), Yongxin Global Investment Limited with 12,702,000 shares (13.23%), and Mr. Ho Hong Yu with 12,434,000 shares (12.95%) [53] - The company has adopted a code of conduct for directors' securities transactions, adhering to the standards set by GEM Listing Rules [54] - The Audit Committee, established on June 24, 2017, includes three independent non-executive directors and is responsible for reviewing financial reports and internal control systems [57] - The Remuneration Committee, also established on June 24, 2017, is tasked with recommending remuneration policies for all directors and senior management [58] - The Nomination Committee, formed on June 24, 2017, provides recommendations on the appointment of directors and succession planning [59] - The company has complied with all applicable corporate governance codes during the reporting period [55] Miscellaneous - The company did not declare any interim dividends for the current or previous periods[20] - The company has not applied any new accounting standards that would significantly impact its financial performance or position[10] - The group has not reported any inter-segment revenue during the relevant period, indicating a focus on external service provision[13] - The group does not face significant foreign exchange risks as most transactions are denominated in HKD[42] - There were no purchases, redemptions, or sales of the company's listed securities by the company or any of its subsidiaries during the reporting period[52] - The company has not engaged in any competitive business activities that could conflict with its operations during the reporting period[51]

Financial Performance - Revenue for the six months ended June 30, 2024, was HKD 461,249,000, a decrease of 5.0% compared to HKD 485,442,000 for the same period in 2023[2] - Gross profit for the period was HKD 23,402,000, down 12.5% from HKD 26,783,000 year-on-year[2] - The pre-tax profit for the period was HKD 7,953,000, a decrease of 11.8% compared to HKD 9,016,000 in the prior year[2] - Basic earnings per share dropped to HKD 0.08 from HKD 0.45, reflecting a significant decline of 82.2%[2] - For the six months ended June 30, 2024, the company reported a net profit of HKD 6,852 million, compared to HKD 7,715 million for the same period in 2023, reflecting a decrease of approximately 11.2%[21] - Net profit after tax decreased by approximately 11.1% to about HKD 6.9 million, down from about HKD 7.7 million in the same period last year[38] Expenses and Costs - Administrative expenses increased to HKD 19,517,000 from HKD 17,707,000, representing a rise of 10.0%[2] - The total employee costs for the period included salaries, bonuses, and other benefits, amounting to HKD 348,468 million, down from HKD 380,390 million in the previous year[18] - Financing costs rose by approximately 63.6% from about HKD 2.2 million to about HKD 3.6 million, representing about 0.4% and 0.8% of the group's revenue respectively[37] Cash Flow and Liquidity - The net cash generated from operating activities for the six months ended June 30, 2024, was HKD 9,496,000, a decrease of 67.2% compared to HKD 28,899,000 for the same period in 2023[6] - The total cash and cash equivalents at the end of the period were HKD 84,218,000, up from HKD 44,726,000 at the end of June 2023, reflecting a strong liquidity position[6] - Financing activities generated a net cash inflow of HKD 23,109,000, compared to a net outflow of HKD 3,245,000 in the same period last year, primarily due to proceeds from share issuance[6] Assets and Liabilities - Total assets decreased to HKD 164,869,000 from HKD 241,548,000, a reduction of 31.8%[3] - The net asset value increased to HKD 149,843,000 from HKD 101,279,000, showing a growth of 47.8%[3] - The total liabilities as of December 31, 2023, were HKD 229,039 million, with significant components including bank borrowings of HKD 107,283 million and lease liabilities of HKD 34,674 million[15] - As of June 30, 2024, trade payables decreased to HKD 2,799,000 from HKD 12,263,000 as of December 31, 2023, representing a reduction of approximately 77%[27] Share Issuance and Capital - The company raised approximately HKD 41.7 million from a rights issue, with a subscription price of HKD 0.60 per share[5] - The company completed a placement of 80,000,000 shares at a price of HKD 0.10 per share, raising a total of HKD 7,911,000[5] - The company issued 72,000,000 new shares through a rights issue, raising approximately HKD 43.2 million, with a net amount of about HKD 41.7 million[33] Business Operations - The company continues to operate primarily in Hong Kong, providing environmental hygiene services, including cleaning, pest management, waste management, and gardening services[12] - The group has expanded its main business into the online gaming industry, signing its first licensing agreement in April 2024, with expected revenue generation by December 31, 2025[40] - The company has not recognized any government grants during the reporting period, as it has not yet met the conditions for recognition[11] Corporate Governance and Management Changes - The company has adopted a code of conduct for directors' securities transactions, adhering to the GEM listing rules[59] - The company has complied with all applicable corporate governance code provisions during the reporting period[60] - Ms. Yin Ka Shan has resigned as an independent non-executive director and chair of the remuneration committee effective March 31, 2024[61] - Mr. Zhou Run Zhang has been appointed as an independent non-executive director and chair of the audit committee effective April 1, 2024[61] - The audit committee consists of three independent non-executive directors, including Mr. Mai Guo Ji, Mr. Zhou, and Mr. Liang, with Mr. Zhou currently serving as the chair[62]

Business Growth and Opportunities - The company successfully secured more service contracts during the reporting period, contributing to business growth despite challenges from labor shortages and high operational costs[8]. - The company is actively exploring business opportunities in the Greater Bay Area and Southeast Asia[11]. - The company aims to target untapped government departments and private institutions for new tender contracts, leveraging its substantial resources[16]. - The company plans to enhance its service capabilities by investing in vehicles and cleaning equipment to secure more projects[15]. Financial Performance - The company's revenue for the year ended December 31, 2023, decreased by approximately 1.8% to about HKD 948.7 million from HKD 966.3 million in the previous year[19]. - The service cost reduced by approximately 3.0% to about HKD 890.7 million, resulting in a gross profit increase of approximately 21.3% to about HKD 58.0 million[19][26]. - The gross profit margin improved to approximately 6.1% from 5.0% in the previous year[29]. - The profit attributable to shareholders for the reporting period was approximately HKD 14.1 million, down from HKD 20.3 million for the year ended December 31, 2022[33]. - Administrative expenses increased by approximately 8.0% to about HKD 37.3 million, primarily due to legal and professional fees related to various corporate actions[31]. Investments and Future Plans - The company plans to invest in advanced and innovative cleaning machines and equipment to improve service quality and efficiency[9]. - The company plans to enhance its information technology systems to improve operational efficiency, with an allocation of HKD 2.7 million for this purpose[42]. - The company is investing in R&D, allocating $H million towards the development of new technologies and products[54]. - The company is expanding its market presence in regions E and F, aiming to capture a larger share of the market[54]. Corporate Governance and Compliance - The board of directors includes three executive directors and three independent non-executive directors, with changes in appointments noted in May 2023[80]. - The company has established a remuneration committee to review the remuneration policy and structure for all directors and senior management based on the group's operating performance and market practices[96]. - The company has complied with all applicable code provisions of the corporate governance code during the reporting period[107]. - The company has established a risk management framework, with a risk management team that conducts annual assessments of significant risks affecting business objectives[137]. Environmental, Social, and Governance (ESG) Efforts - The company has maintained compliance with environmental protection laws and regulations, emphasizing resource efficiency and waste reduction[68]. - The ESG strategy focuses on pollution prevention, service improvement, and promoting environmental awareness among suppliers and customers[157]. - The company achieved a 7% reduction in absolute greenhouse gas emissions compared to the previous fiscal year[171]. - The company is committed to enhancing workplace health and safety, including measures to address COVID-19 risks[157]. Shareholder and Financial Management - The company does not recommend the payment of a final dividend for the year ended December 31, 2023[20]. - The board will consider various factors, including the company's financial performance and capital expenditure needs, before recommending any dividend distribution[99]. - The company has confirmed that at least 25% of its issued share capital is held by the public as of the report date[100]. - The company has not engaged in the purchase, redemption, or sale of any listed securities during the reporting period[78]. Risk Management and Training - The board is responsible for monitoring the effectiveness of the risk management and internal control systems, which are designed to manage rather than eliminate risks[139]. - The company provides training for directors, with each director receiving at least 15 hours of relevant professional training to update their skills and knowledge[133]. - The company has implemented appropriate liability insurance for its directors and senior officers to cover legal responsibilities arising from company operations[130]. Operational Efficiency and Cost Management - The company aims to enhance operational efficiency and control costs while improving internal monitoring and financial conditions[9]. - The company has implemented cost-saving measures projected to reduce operational expenses by J% over the next year[54]. - The company has established energy-saving principles and green practices in the workplace, including monitoring electricity consumption and maintaining office temperatures between 24 to 26 degrees Celsius during summer[191].

Financial Performance - Revenue for the year ended December 31, 2023, was HKD 948,683,000, a decrease of 1.3% from HKD 966,288,000 in 2022[4] - Gross profit increased to HKD 58,021,000, up 21.4% from HKD 47,834,000 in the previous year[4] - Profit before tax decreased to HKD 18,590,000, down 18.3% from HKD 22,786,000 in 2022[4] - Net profit attributable to owners of the company was HKD 14,060,000, a decline of 30.8% compared to HKD 20,326,000 in the prior year[4] - Basic earnings per share decreased to HKD 0.38 from HKD 0.61, representing a drop of 37.7%[4] - The company reported a total comprehensive income of HKD 20,326,000 for the year ended December 31, 2022, and HKD 14,060,000 for the year ended December 31, 2023[7] - The profit attributable to equity shareholders was approximately HKD 14.1 million, down from HKD 20.3 million in the same period of 2022[59] Assets and Liabilities - Total assets decreased to HKD 150,619,000 from HKD 121,258,000, indicating a growth of 24.2%[6] - Current liabilities decreased to HKD 179,699,000 from HKD 200,723,000, a reduction of 10.5%[6] - Non-current liabilities increased to HKD 49,340,000 from HKD 41,949,000, an increase of 17.1%[6] - Total assets as of December 31, 2023, amounted to HKD 330,318,000, a decrease from HKD 321,981,000 in 2022[28] - Total liabilities as of December 31, 2023, were HKD 229,039,000, compared to HKD 242,672,000 in 2022, indicating a reduction in liabilities[28] - The company's asset-liability ratio improved to approximately 0.9 times as of December 31, 2023, compared to 1.4 times in 2022[83] Equity and Retained Earnings - The company's equity attributable to owners increased to HKD 101,279,000 from HKD 79,309,000, a rise of 27.7%[6] - The total equity increased from HKD 58,983,000 on January 1, 2022, to HKD 101,279,000 by December 31, 2023, reflecting a growth of approximately 71.5%[7] - The retained earnings rose significantly from HKD 12,570,000 at the beginning of 2022 to HKD 46,956,000 by the end of 2023, indicating an increase of about 273.5%[7] Revenue Breakdown - Revenue from cleaning services increased to HKD 816,330,000 in 2023, up 3.1% from HKD 786,807,000 in 2022[20] - Revenue from pest management services decreased significantly to HKD 24,111,000 in 2023, down 61.3% from HKD 62,381,000 in 2022[21] - Waste management and recycling services revenue fell to HKD 101,381,000 in 2023, a decline of 12.8% from HKD 116,278,000 in 2022[21] - New revenue streams from car sales and leasing amounted to HKD 6,120,000 in 2023, indicating diversification efforts[21] Expenses and Costs - Administrative expenses increased to HKD 37,343,000 in 2023 from HKD 34,577,000 in 2022[26] - Financing costs rose to HKD 5,864,000 in 2023, compared to HKD 4,507,000 in 2022[26] - Service costs reduced by about 3.0% to approximately HKD 890.7 million, compared to HKD 918.5 million in 2022[59] Cash Flow and Liquidity - The company’s cash and bank balances stood at HKD 72,277,000 as of December 31, 2023, compared to HKD 21,084,000 in 2022, showing a significant increase in liquidity[28] - As of December 31, 2023, the group maintained a net cash position with total bank borrowings of approximately HKD 54.7 million, down from HKD 78.5 million in 2022[74] - The current ratio improved to approximately 1.3 times, compared to 1.1 times in the previous year, indicating better liquidity management[74] Future Plans and Market Outlook - The company plans to focus on market expansion and new product development in the upcoming year[2] - The company plans to continue focusing on expanding its cleaning and waste management services in the Hong Kong market[25] - The company aims to secure more tender contracts from government departments and private organizations that currently do not use its services[56] - The company is optimistic about the future of the environmental hygiene service industry due to increasing public awareness of hygiene and health[58] Corporate Governance and Compliance - The company has complied with all applicable corporate governance codes as of December 31, 2023[85] - The audit committee confirmed that the annual performance complies with applicable accounting standards and GEM listing rules[100] - The group has disclosed its financial results in accordance with the relevant legal requirements[104] Dividends and Shareholder Information - The company did not declare or propose any dividends for the year ended December 31, 2023, consistent with 2022[37] - The board of directors does not recommend the payment of a final dividend for the year ending December 31, 2023, consistent with the previous year[96] - The next annual general meeting is scheduled for May 7, 2024, with a notice to be published in due course[97]