新世纪集团(00234) - 2021 - 年度财报

Financial Performance - Revenue for the year ended 31 March 2021 was HK$100.4 million, a decrease of 30.9$145.4 million in 2020[9] - The profit attributable to owners of the Company was a loss of HK$56.7 million, compared to a profit of HK$15.5 million in the previous year[9] - Equity attributable to owners of the Company decreased to HK$1,582.5 million from HK$1,617.2 million in 2020, reflecting a decline of 2.1%[9] - Earnings per share for the year was a loss of HK$0.98, compared to earnings of HK$0.27 per share in 2020[9] - The Group's revenue decreased by 31.0% to HK$100,360,000 compared to HK$145,364,000 last year[27] - The loss attributable to owners was HK$56,712,000, a significant decline from a profit of HK$15,461,000 in the previous year[15] - Other income decreased by 65.7% to HK$4,131,000, primarily due to a drop in bank interest income[27] - The Group recorded a loss attributable to owners of the Company of HK$56,712,000 for the Year, compared to a profit of HK$15,461,000 last year, mainly due to the absence of cruise ship charter service income[35] Economic Outlook - The global economy is expected to grow by 6$61,801,000, providing stable contributions amid uncertainties[15] - The cruise ship charter services segment suffered a loss of HK$112,325,000 due to halted operations since mid-March 2020[20] - The Group's occupancy rate for its properties remained strong at 99.7$9,776,000 for the Year (2020: a loss of HK$8,746,000), primarily due to net realized and unrealized gains on equity investments of HK$8,079,000 (2020: losses of HK$9,735,000)[47] Financial Management - Administrative and operating expenses increased by 49.8$75,793,000 compared to HK$50,585,000 last year, primarily due to special subsidies of HK$31,153,000 paid to the charterer for cruise ship maintenance[28] - Total gross loan and interest receivables decreased by 4.1% to HK$661,861,000 from HK$690,433,000 in the previous year[36] - Interest income increased by 5.2% to HK$74,303,000 for the Year, compared to HK$70,636,000 last year, driven by an 8.3% increase in interest income from secured mortgage loans[37] - The Group's interest income from money lending increased from HK$70,636,000 last year to HK$74,303,000 for the current year[27] Corporate Governance - The Company has complied with all code provisions of the Corporate Governance Code for the year ended March 31, 2021, except for the chairman's absence at the annual general meeting due to travel restrictions[80] - The Board of Directors consists of nine members, including three independent non-executive directors[87] - The independent non-executive directors have a specific term of three years and are subject to retirement by rotation at least once every three years[89] - The Remuneration Committee comprises five members, including two executive directors and three independent non-executive directors[94] - The Company has received annual confirmations of independence from each independent non-executive director[89] Environmental Impact - The Group's air emissions for Nitrogen Oxides (NOX) decreased from 1.84 kg in 2020 to 0.73 kg in 2021, a reduction of approximately 60.3%[136] - Sulphur Oxides (SOX) emissions reduced from 0.05 kg in 2020 to 0.04 kg in 2021, a decrease of 20%[136] - Particulate Matter (PM) emissions decreased from 0.14 kg in 2020 to 0.05 kg in 2021, representing a reduction of about 64.3%[136] - The Group has implemented energy-saving initiatives as part of its resource usage strategy[139] - The Group has not reported any non-compliance with laws and regulations regarding air and greenhouse gas emissions during the reporting period[139] Employee Welfare - The Group offers competitive remuneration and benefits to attract and retain talent, with compensation determined by factors such as educational background and industry salary levels[158] - The Group has a zero-tolerance policy for sexual harassment or abuse in the workplace[161] - Benefits plans include mandatory provident fund (MPF) schemes, medical insurance, group life insurance, and discretionary bonuses[161] - The employee turnover rate for 2021 was 1 male employee, with no turnover among females or employees under 30[155] - The Group is committed to creating a diverse and inclusive workplace, ensuring equal opportunities free from discrimination[161] Social Responsibility - The Group made donations of HK$65,000, including the purchase of 1,000 boxes (50,000 pieces) of adult medical face masks for charitable organizations[198] - Certain companies in the Group have been awarded the "Caring Company" logo for ten consecutive years by the Hong Kong Council of Social Service, recognizing their contributions to society[198] - The Group aims to maximize its social investments to create a more favorable environment for the community[198]