联合集团(00373) - 2024 - 中期业绩

Financial Performance - Total revenue for the six months ended June 30, 2024, was HKD 3,972.5 million, an increase of 9.9% compared to HKD 3,616.7 million in the same period of 2023[4] - The company reported a net loss of HKD 108.2 million for the six months ended June 30, 2024, compared to a net loss of HKD 25.8 million in the same period of 2023[5] - Basic and diluted loss per share for the period was HKD 0.06, compared to HKD 0.05 in the same period of 2023[5] - Other income for the six months ended June 30, 2024, was HKD 3,894.9 million, up 10.9% from HKD 3,512.9 million in the same period of 2023[4] - The company incurred a total comprehensive loss of HKD 137.2 million for the six months ended June 30, 2024, compared to a total comprehensive loss of HKD 1,155.5 million in the same period of 2023[6] - The company reported a net impairment loss on financial assets of HKD 436.1 million for the six months ended June 30, 2024, compared to HKD 327.3 million in the same period of 2023[4] - The company’s financing costs for the period were HKD 402.2 million, compared to HKD 386.6 million in the same period of 2023[4] - The company’s equity attributable to shareholders was a loss of HKD 213.8 million for the six months ended June 30, 2024, compared to a loss of HKD 163.9 million in the same period of 2023[5] - The total tax expense for the six months ended June 30, 2024, was HKD 219.3 million, slightly down from HKD 224.6 million in 2023[27] - The loss attributable to shareholders for the period was HKD 213.8 million, compared to a loss of HKD 163.9 million in the same period of 2023, indicating a deterioration in performance[40] Assets and Liabilities - Non-current assets as of June 30, 2024, amounted to HKD 68,438.5 million, an increase from HKD 71,791.5 million as of December 31, 2023[7] - Current assets totaled HKD 44,499.8 million as of June 30, 2024, compared to HKD 42,018.1 million as of December 31, 2023[7] - As of June 30, 2024, the total current liabilities amounted to HKD 29,467.9 million, an increase from HKD 27,778.0 million as of December 31, 2023, representing a growth of approximately 6.1%[8] - The net current assets stood at HKD 15,031.9 million, compared to HKD 14,240.1 million in the previous period, indicating an increase of about 5.6%[8] - The total equity attributable to shareholders was HKD 43,322.7 million, slightly down from HKD 43,538.9 million, reflecting a decrease of approximately 0.5%[8] - Non-current liabilities decreased to HKD 16,424.6 million from HKD 18,637.0 million, showing a reduction of about 11.8%[8] - The company reported a total asset value of HKD 83,470.4 million, compared to HKD 86,031.6 million in the previous period, indicating a decline of approximately 3.0%[8] - The company’s total liabilities as of June 30, 2024, were HKD 45,892.5 million, compared to HKD 45,405.0 million as of December 31, 2023, reflecting a slight increase of about 1.1%[8] - The company’s equity total was HKD 67,045.8 million, down from HKD 67,394.6 million, representing a decrease of approximately 0.5%[8] Segment Performance - The investment and financial segment reported a revenue of HKD 425.4 million, while the consumer finance segment generated HKD 1,628.6 million[19] - The property development segment incurred a loss of HKD 93.5 million, and the property investment segment reported a loss of HKD 206.0 million[18] - The total segment performance resulted in a profit of HKD 612.1 million, with a significant contribution from the consumer finance segment[19] - The healthcare services segment generated revenue of HKD 800.4 million, indicating a focus on growth in this area[20] - The company plans to expand its elderly care services, contributing HKD 98.7 million to the segment revenue[20] Investments and Future Plans - The company aims to enhance its market presence through strategic investments and potential acquisitions in the upcoming fiscal year[19] - The company committed to invest approximately EUR 21.5 million into a partnership established with Colony Investment Management SAS as of June 30, 2024[45] - The company has further committed an additional EUR 54.2 million to the partnership, with EUR 28.1 million already invested as of the announcement date[45] Risk Management and Market Conditions - The group remains vigilant regarding various risks and challenges in the market, including financial issues faced by major Chinese real estate developers and high USD interest rates[59] - The group will continue to focus on improving property portfolio occupancy rates and leasing potential amid rising interest rates[59] - The central and local governments have introduced measures to stabilize the real estate market, which the group finds encouraging[59] - The group plans to manage its Hong Kong business by balancing growth and risk, with a focus on secured lending in mainland China[59] Employee and Corporate Governance - As of June 30, 2024, the total number of employees in the group was 5,866, an increase from 5,713 on December 31, 2023[58] - The board will continue to implement the group's established strategies with a prudent approach, benefiting the group and all shareholders[59] - No shares were repurchased, sold, or redeemed by the company or any of its subsidiaries during the six months ending June 30, 2024[63]