Stock code: 1 (Incorporated in the Cayman Islands with limited liability) 有限公司 ON HOLDINGS LIMITED 2022 Interim Results Operations Analysis 2022 | --- | --- | |---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...

Financial Performance - The total revenue for 2021 reached HKD 445,383 million, with a 16% increase year-on-year[12]. - Total revenue reached HKD 445,383 million, a 10% increase from HKD 403,846 million in the previous year[16]. - The company reported a net profit of HKD 33,500 million, representing a 16% increase from HKD 29,000 million in the previous year[16]. - The group reported a profit attributable to ordinary shareholders of HKD 33.5 billion for 2021, representing a 16% increase compared to 2020[29]. - The reported profit for 2021 was HKD 33.48 billion, representing a 15% increase from HKD 29.14 billion in 2020[50]. - The group’s total EBITDA for the year was HKD 135.65 billion, an increase from HKD 122.35 billion in 2020[50]. - The company achieved a profit before tax of HKD 49,977 million, which is a 29% increase from HKD 38,713 million in 2020[53]. - The company reported a net profit attributable to shareholders of HKD 4 million, with EBITDA and EBIT decreasing by 18% and 71% year-over-year, respectively, mainly due to declining roaming revenues[139]. Revenue Breakdown - The retail segment revenue was HKD 173,601 million, accounting for 39% of total revenue, with a 9% year-over-year increase[16]. - Revenue from mainland China was HKD 38,111 million, accounting for 21% of the total revenue[12]. - Port and related services generated HKD 42,285 million in revenue, a 29% increase from HKD 32,865 million[16]. - Financial and investment segment revenue rose by 23% to HKD 72,036 million from HKD 58,760 million[16]. - The telecommunications segment reported revenue of HKD 92,575 million, a 2% increase from HKD 90,663 million[16]. - Total revenue for the retail segment reached HKD 173,601 million in 2021, a 9% increase from HKD 159,619 million in 2020[78]. - The total revenue for the European segment increased to HKD 13,332 million in 2021, up 24% from HKD 10,782 million in 2020[69]. - Total revenue for the Asian, Australian, and other segments increased by 10% to HKD 18,060 million in 2021, compared to HKD 16,441 million in 2020[70]. EBITDA and EBIT - The EBITDA for 2021 amounted to HKD 111,227 million, reflecting a 65% contribution from the UK market[13]. - EBITDA totaled HKD 111,227 million, reflecting a 15% growth compared to HKD 96,944 million last year[16]. - EBITDA for 2021 was HKD 135,653 million, up from HKD 122,348 million in 2020[17]. - EBITDA for the group was HKD 43.052 billion, down 11% from HKD 48.540 billion in 2020[119]. - The group’s EBITDA margin (excluding mobile revenue) was 40% for the year[126]. - The overall retail segment's EBIT increased by 14% in 2021 compared to 2020[87]. - EBIT increased by 20% to HKD 64,744 million from HKD 53,854 million in the prior year[16]. - EBIT for the year was HKD 64,744 million, reflecting a 20% increase from HKD 53,854 million in 2020[52]. Market Expansion and Investments - Future outlook includes continued expansion in retail and telecommunications sectors, leveraging technological advancements[11]. - The company plans to invest in and operate a port in Saudi Arabia, enhancing its market presence in the region[24]. - The company plans to continue expanding its market presence and investing in new technologies to enhance operational efficiency[54]. - The company plans to continue expanding its retail presence and investing in new product development to drive future growth[106]. - The company expanded its retail network in Hong Kong to over 500 points of sale, including partnerships with major retailers[24]. - The company has entered a new regulatory period for several regulated businesses in the UK and Australia, resulting in reduced revenue and allowed returns[110]. Sustainability and Technology - The company emphasizes sustainability and the adoption of new technologies to address environmental and social responsibilities[7]. - The group’s core sustainable development goals will continue to be emphasized, with a focus on achieving net-zero emissions targets[48]. - The company continues to focus on reducing customer churn and enhancing service offerings to improve customer retention[121]. - The company continues to adapt to market changes and maintain a strong financial position despite global economic challenges[156]. Customer Metrics - The number of retail stores increased to 16,398 in 2021, up from 16,167 in 2020, representing a 1% growth[78]. - The loyalty membership in the health and beauty products segment grew to 141 million in 2021, up from 138 million in 2020, with a sales participation rate of 64%[80]. - Total active customers for Hutchison Asia Telecom reached approximately 56.2 million as of December 31, 2021, a decrease of 1% compared to 2020, primarily due to the operating environment in Indonesia[45]. - The total registered customer count in the UK as of December 31, 2021, was 13,147 thousand, with a growth of +5% from June 30, 2021[128]. Debt and Financial Management - The group maintained a strong financial position with cash holdings of HKD 8.1 billion and a net debt to total capital ratio of 14.7% as of December 31, 2021[111]. - The group’s cash and cash equivalents accounted for 95% of current assets, an increase from 94% in 2020[177]. - The group’s net debt as of December 31, 2021, was HKD 168.69 billion, a decrease from HKD 185.13 billion in 2020[174]. - The group recorded current and deferred tax expenses of HKD 9.58 billion in 2021, an increase from HKD 1.47 billion in 2020, mainly due to prior year adjustments and increased pre-tax profits[155]. - The group has a policy against early repayment of debt due to changes in credit ratings[166]. Operational Challenges - The pandemic continues to pose significant risks to the group's operations, including potential declines in throughput at ports and reduced foot traffic at retail stores due to factory closures and decreased demand in Europe and the US[198]. - Uncertainty remains regarding the long-term adverse effects of the pandemic on the global economy and financial markets, which may impact the group's operational performance, cash flow, and financial condition[199]. - The company's revenue from tower assets decreased by 2% year-over-year, totaling HKD 86.972 billion in 2021 compared to HKD 85.786 billion in 2020[125].

SON HOLDINGS LIMITED (Incorporated in the Cayman Islands with limited liability) | --- | --- | --- | |---------------|-------|-----------------------------------------| | | | | | Stock code: 1 | | | | | | | | | | | | | | | | | | | | | | | | | | 2021 Annual Results Operations Analysis | Disclaimer The information, statements and opinions contained in this Presentation and subsequent discussion do not constitute an offer to sell or solicitation of any offer to subscribe for or purchase any securities or other ...

CK Hutchison Holdings Limited (OTCPK:CKHUY) Q3 2021 Earnings Conference Call March 17, 2022 5:15 AM ET Company Participants Victor Li – Chairman and Group Co-Managing Director Kin Ning Fok – Group Co-Managing Director Frank Sixt – Group Finance Director and Deputy Managing Director Dominic Lai – Deputy Managing Director and Group Managing Director of A.S. Watson Group Conference Call Participants Operator Good morning. Welcome to the live webcast of CK Hutchison 2021 Final Results Presentation. Today, our s ...

Financial Performance - Total revenue for the six months ended June 30, 2021, was HKD 212,386 million, representing a 15% increase[3] - EBITDA for the same period was HKD 38,974 million, with a significant contribution from Europe at HKD 29,187 million[3] - EBIT for the six months was reported at HKD 32,773 million, with European operations contributing HKD 15,701 million[4] - The company recorded a non-cash goodwill impairment of HKD 15,500 million related to its telecommunications business in Italy[4] - Total revenue for the six months ended June 30, 2021, was HKD 212,386 million, representing a 12% increase from HKD 189,942 million in the same period of 2020[6] - EBITDA for the same period increased by 15% to HKD 68,167 million, up from HKD 59,341 million[8] - Profit attributable to ordinary shareholders was HKD 18,300 million, a 41% increase from HKD 13,000 million in the same period last year[8] - The company reported a 33% increase in profit before tax, amounting to HKD 25,576 million, up from HKD 19,243 million in the previous year[6] - Reported profit for the six months ended June 30, 2021, was HKD 18,300 million, representing a 40.0% increase from HKD 13,000 million in 2020[11] - The group reported a total revenue of HKD 199.33 billion for the first half of 2021, representing increases of 24%, 26%, and 38% year-on-year[13] Revenue Breakdown - The revenue breakdown by region shows Europe at HKD 109,138 million, China at HKD 16,903 million, and Hong Kong at HKD 20,200 million[3] - The retail segment reported revenue of HKD 82,621 million, a 12% increase compared to HKD 73,627 million in the previous year[6] - The infrastructure segment's revenue grew by 10% to HKD 27,798 million, compared to HKD 25,181 million in the previous year[6] - The financial and investment segment reported a revenue increase of 14%, reaching HKD 31,858 million, up from HKD 27,880 million[6] - The telecommunications segment, specifically Hutchison Asia Telecom, experienced a revenue decline of 4%, with figures at HKD 4,350 million compared to HKD 4,521 million[6] Strategic Initiatives - The company plans to expand its market presence in Asia, Australia, and other regions, which generated HKD 32,761 million in revenue[3] - Future outlook includes potential mergers and acquisitions to enhance market share and operational efficiency[4] - The company is focusing on new product development and technological advancements to drive growth[4] - The group plans to continue share buyback programs and explore new investment opportunities to maximize long-term sustainable value for shareholders[24] - The company expects continued growth driven by strong consumer demand and market recovery across regions[33] Operational Efficiency - The financial performance indicates a strong recovery trajectory post-pandemic, with a 6% growth in EBITDA compared to the previous period[4] - The company aims to maintain a robust capital structure while exploring strategic investments in high-growth sectors[4] - The group’s total cash and liquid investments amounted to HKD 190.46 billion, with total bank and other debts at HKD 354.71 billion, resulting in a net debt of HKD 164.28 billion, down from HKD 205.87 billion as of June 30, 2020[24] - The group’s net debt to total net capital ratio improved to 19.9% from 25.1% as of June 30, 2020[24] - The group’s total revenue, EBITDA, and EBIT for the first half of 2021 were HKD 199.33 billion, HKD 69.83 billion, and HKD 47.69 billion respectively, representing increases of 24%, 26%, and 38% year-on-year[13] Market Expansion - The company plans to expand its market presence through strategic acquisitions and new technology developments in the upcoming quarters[1] - The group has identified four key sustainability goals for 2021-2022, including actions to address climate change and investment in sustainable business models[25] - The group established a 50/50 joint venture with Yantian Port Group to develop and manage a new container terminal in Shenzhen, enhancing its operational capacity[14] - The company continues to evaluate its financial performance based on both IFRS 16 and previous accounting standards to ensure comprehensive reporting[11] - The company is committed to long-term investment ratings and balanced debt repayment[102] Shareholder Returns - The interim dividend per share was increased to HKD 0.800, up 30% from HKD 0.614 in 2020[11] - The group’s total equity and perpetual capital securities increased to HKD 538.19 billion as of June 30, 2021, compared to HKD 518.97 billion on December 31, 2020, reflecting the group's profit for the first half of 2021[93] - The company paid dividends of HKD 6.555 billion for the year 2020, impacting the equity[134] - The company focuses on sustainable profit, cash flow, and dividend growth while maintaining financial strength and stability[102] - The company anticipates continued growth in revenue and EBITDA for the remainder of 2021, driven by market expansion and new product launches[49] Customer Base and Loyalty - The retail division operated 16,206 stores across 27 markets, a 2% increase year-on-year, with total revenue reaching HKD 82.62 billion, up 12% from the previous year[15] - The number of loyalty members in the retail sector rose to 140 million, accounting for 66% of total sales[15] - The total number of loyal members in the health and beauty products segment increased to 139 million, up from 136 million year-over-year[38] - The sales participation rate of loyal members in the health and beauty products segment rose to 64%, compared to 63% in the previous year[38] - The active customer base of CK Hutchison's telecommunications subsidiary in Hong Kong and Macau reached approximately 3.2 million as of June 30, 2021[22] Sustainability and Environmental Goals - Cheung Kong Infrastructure aims to achieve net-zero emissions and is leading hydrogen energy development in the UK and Australia[18] - The group has made significant progress in carbon reduction targets and investments, including acquiring Canadian wind power facilities and trialing hydrogen fuel cell technology[26] - The company has identified sustainability as a key focus area, with plans to address climate change and invest in sustainable business models[25] - The group has established foreign exchange swap arrangements amounting to HKD 29.64 billion to mitigate foreign exchange risk[78] - The company emphasizes technology transformation as a key initiative to capture new cost and revenue opportunities across all businesses[102]

ISON HOLDINGS LIMITED (Incorporated in the Cayman Islands with limited liability) Stock code: 1 1 2021 Interim Results Operations Analysis Three. Disclaimer 2021 The information, statements and opinions contained in this Presentation and subsequent discussion do not constitute an offer to sell or solicitation of any offer to subscribe for or purchase any securities or other financial instruments or any advice or recommendation in respect of such securities or other financial instruments. Potential investors ...

CK Hutchison Holdings Limited (OTCPK:CKHUY) Q2 2021 Earnings Conference Call August 5, 2021 5:00 AM ET Company Participants Hans Leung - Senior Manager of Corporate Communication Kin Ning Fok - Group Co-Managing Director Frank Sixt - Group Finance Director and Deputy Managing Director Dominic Lai - Deputy Managing Director and Group Managing Director of A.S. Watson Group Victor Li - Chairman and Group Co-Managing Director Malina Ngai - CEO of Asia and Europe of A.S.Watson and Group COO of A.S. Watson Group ...

Financial Performance - The total revenue for 2020 reached HKD 403,846 million, with a growth of 8% compared to the previous year[17]. - The total revenue for 2020 was HKD 403,846 million, representing an 8% decrease from HKD 439,856 million in 2019[21]. - Revenue from the Hong Kong market amounted to HKD 38,268 million, representing 52% of total revenue[17]. - The China market generated HKD 32,589 million in revenue, accounting for 8% of total revenue[17]. - Revenue from the retail segment was HKD 159,619 million, accounting for 40% of total revenue, down 6% from HKD 169,225 million in 2019[21]. - The telecommunications segment, CK Hutchison Group Telecom, generated revenue of HKD 31,179 million, which is 8% of total revenue, down 35% from HKD 47,618 million in 2019[21]. - The energy segment reported a significant drop of 35% in revenue to HKD 31,179 million compared to HKD 47,618 million in the previous year[22]. - The group reported a net profit attributable to ordinary shareholders of HKD 29 billion for 2020, a decrease of 27% compared to 2019[29]. - The basic earnings attributable to shareholders fell by 27% to HKD 29,143 million from HKD 39,830 million in 2019[23]. - The company reported a net profit of HKD 29,000 million, a decrease of 28% from HKD 39,888 million in the previous year[21]. EBITDA and EBIT - The total EBITDA for 2020 reported was HKD 96,944 million, a decrease of 13% compared to HKD 112,068 million in 2019[21]. - EBITDA decreased by 10% to HKD 122,348 million from HKD 136,049 million year-on-year[22]. - The energy segment reported an EBITDA of HKD (23,003) million, reflecting a significant decline of 835% compared to HKD 3,139 million in 2019[21]. - EBITDA from the port and related services was HKD 10,914 million, down 19% from HKD 13,405 million in 2019[21]. - The retail sector's EBITDA and EBIT for 2020 were HKD 14.39 billion and HKD 10.93 billion, representing decreases of 15% and 20% respectively[34]. - EBITDA for the infrastructure sector amounted to HKD 29.06 billion, a 2% increase from 2019, while EBIT decreased by 4% to HKD 18.48 billion[35]. - EBIT total decreased by 23% to HKD 58,304 million in 2020 from HKD 75,344 million in 2019[48]. Market and Operational Highlights - The port and related services segment handled a total throughput of 83.7 million TEUs in 2020[11]. - The retail division operates over 16,000 stores across 27 markets, making it the largest international health and beauty retailer[13]. - The company operates in approximately 50 countries with over 300,000 employees[10]. - The company launched 5G services in multiple regions including Hong Kong, Sweden, Denmark, and Italy[27]. - The group’s digital sales grew by 90% in 2020, driven by the integration of physical stores and online channels[34]. - The company established a new container terminal in Egypt with a total length of 1,200 meters and a 38-year concession agreement, expected to commence operations in 2022[76]. - The throughput in the second half of 2020 increased by 16% compared to the first half of 2020, indicating a recovery in trade volumes[56]. Debt and Financial Position - The company’s total assets increased to HKD 1,254,596 million, up from HKD 1,210,976 million in 2019[23]. - The net debt to total equity ratio improved to 22.2% from 24.8% in the previous year[23]. - The group maintained a strong financial position with cash holdings of HKD 13.5 billion as of December 31, 2020, and a net debt to total capital ratio of 13.1%[121]. - The group has a total net debt of HKD 185.298 billion, with 89% and 1% of this debt denominated in euros and British pounds, respectively[188]. - The weighted average cost of debt for 2020 was 1.7%, down from 2.1% in 2019[171]. - The group’s financing cash inflow net amount was HKD 48.73 billion, a significant increase of 208% from HKD 15.82 billion in the previous year[195]. Strategic Initiatives and Future Outlook - The group plans to continue strict cost control and focus on health and operational safety amid ongoing market uncertainties[33]. - The group expects to maintain a strong financial position in 2021, with a projected further decrease in the net debt to total equity ratio following the completion of various transactions[44]. - The group aims to optimize its retail "online and offline" platform strategy and maintain strict cost control to improve free cash flow significantly compared to 2019[44]. - The group plans to enhance digital and access solutions to adapt to changing customer demands in 2021[173]. COVID-19 Response - The group has implemented a series of safety measures for employees and customers in response to the COVID-19 pandemic, including financial assistance for customers[43]. - Watsons Group repurposed part of its facilities in Hong Kong to produce its own brand of masks in response to COVID-19[27].

CK Hutchison Holdings Limited (OTCPK:CKHUY) Q4 2020 Earnings Conference Call March 18, 2021 5:00 AM ET Company Participants Hans Leung - Senior Manager of Corporate Communication Canning Fok - Group Co-Managing Director Frank Sixt - Group Finance Director and Deputy Managing Director Dominic Lai - Deputy Managing Director and Group Managing Director of A.S. Watson Group Victor Li - Chairman and Group Co-Managing Director Malina Ngai - CEO of Asia and Europe of A.S.Watson and Group COO of A.S. Watson Group H ...

DINGS LIMITED 2020 Annual Results Operations Analysis Disclaimer The information, statements and opinions contained in this Presentation and subsequent discussion do not constitute an offer to sell or solicitation of any offer to subscribe for or purchase any securities or other financial instruments or any advice or recommendation in respect of such securities or other financial instruments. Potential investors and shareholders of the Company (the "Potential Investors and Shareholders") are reminded that i ...