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胜狮货柜(00716) - 2023 - 中期业绩
00716SINGAMAS CONT(00716)2023-08-17 04:21

Financial Performance - Total comprehensive income for the period was 7,990,000,adecreaseof78.77,990,000, a decrease of 78.7% compared to 37,576,000 in the previous year[2] - The attributable comprehensive income to shareholders was 6,327,000,downfrom6,327,000, down from 30,603,000, representing a decline of 79.3%[2] - Revenue for the manufacturing business was 175,436,000,adecreaseof61.8175,436,000, a decrease of 61.8% from 459,885,000 in the same period last year[15] - For the six months ended June 30, 2023, total revenue was 189,125,000,adecreasefrom189,125,000, a decrease from 472,449,000 for the same period in 2022, representing a decline of approximately 60%[24] - The company reported a pre-tax profit of 15,250,000forthesixmonthsendedJune30,2023,downfrom15,250,000 for the six months ended June 30, 2023, down from 69,976,000 in the same period of 2022, indicating a decline of about 78%[24] - The net profit attributable to shareholders dropped by 74.3% to 9,776,000forthesixmonthsendedJune30,2023,downfrom9,776,000 for the six months ended June 30, 2023, down from 38,002,000 in the same period of 2022[57] - Basic earnings per share for the six months ended June 30, 2023, were 9,776,000,downfrom9,776,000, down from 38,002,000 in the same period of 2022, representing a decline of approximately 74%[33] - Basic earnings per share were 0.41forthesixmonthsendedJune30,2023,comparedto0.41 for the six months ended June 30, 2023, compared to 1.57 for the same period in 2022[57] Revenue Breakdown - The manufacturing segment generated revenue of 175,436,000,whilethelogisticsservicessegmentcontributed175,436,000, while the logistics services segment contributed 13,689,000, resulting in segment profits of 4,141,000and4,141,000 and 1,808,000 respectively[24] - Logistics services revenue amounted to 13,689,000,anincreaseof8.913,689,000, an increase of 8.9% compared to 12,564,000 in the previous year[21] - The manufacturing business recorded revenue of 175,436,000,adecreasefrom175,436,000, a decrease from 459,885,000 in the same period last year, accounting for 92.7% of total revenue[58] - Special containers accounted for 48.7% of manufacturing revenue, up from 12.8% in the previous year, driven by increased demand for renewable energy containers[59] - Logistics services generated revenue of 13,689,000,anincreasefrom13,689,000, an increase from 12,564,000, with a pre-tax profit of 4,918,000comparedto4,918,000 compared to 3,960,000 last year[60] Assets and Liabilities - Total assets decreased to 677,142,000from677,142,000 from 677,124,000, showing a marginal increase of 0.003%[8] - Non-current assets totaled 223,963,000,downfrom223,963,000, down from 230,666,000, reflecting a decrease of 2.9%[5] - Current liabilities decreased to 116,391,000from116,391,000 from 135,129,000, a reduction of 13.9%[8] - The company reported a total of 81,485,000innetreceivablesasofJune30,2023,downfrom81,485,000 in net receivables as of June 30, 2023, down from 90,934,000 as of December 31, 2022, reflecting a decrease of approximately 10%[36] - The company’s accounts payable as of June 30, 2023, included notes payable to creditors amounting to 7,718,000,significantlyupfrom7,718,000, significantly up from 350,000 as of December 31, 2022[50] Cash Flow and Dividends - The company held cash and bank deposits of 330,127,000asofJune30,2023,downfrom330,127,000 as of June 30, 2023, down from 369,770,000 as of December 31, 2022[57] - The company declared an interim dividend of 1 HKD per share, totaling approximately 3,054,000,comparedto4HKDpershareinthesameperiodof2022,whichamountedtoabout3,054,000, compared to 4 HKD per share in the same period of 2022, which amounted to about 12,394,000[32] - The board declared an interim dividend of 1 HK cent per share and a special interim dividend of 17 HK cents per share, compared to 4 HK cents and no special dividend in the same period last year[64] Operational Strategies - The company continues to focus on expanding its logistics services, which showed resilience amid declining manufacturing revenues[21] - The company implemented strategies to enhance its ability to respond to unpredictable market fluctuations, including temporarily closing dry container production facilities to minimize operating expenses[56] - The company continues to develop its special container business, particularly in renewable energy containers, and aims to diversify its product portfolio to cope with market volatility[56] - The company plans to invest more resources in the special container business, anticipating continued growth despite a forecasted decline in dry container demand[63] - The company will continue to monitor its logistics operations in Xiamen to streamline business and improve efficiency, aiming to enhance profitability[62] - The company plans to invest in automation to effectively control costs and improve efficiency in response to material and labor cost pressures[63] Foreign Exchange Impact - The company reported a foreign exchange loss of 1,326,000,comparedtoalossof1,326,000, compared to a loss of 2,728,000 in the previous year, a decrease of 51.4%[2] - The company incurred a net foreign exchange loss of 2,641,000forthesixmonthsendedJune30,2023,comparedtoalossof2,641,000 for the six months ended June 30, 2023, compared to a loss of 2,029,000 in the same period of 2022[27]