Financial Performance - The revenue for the fiscal year ended December 31, 2021, was HKD 927,807,000, an increase of HKD 38,576,000 or 4.3% compared to HKD 889,231,000 in 2020[16] - The profit before tax for 2021 was HKD 318,910,000, up by HKD 37,463,000 or 13.3% from HKD 281,447,000 in 2020[17] - The profit attributable to shareholders for 2021 was HKD 263,382,000, representing an increase of HKD 31,290,000 or 13.8% compared to HKD 231,462,000 in 2020[18] - The basic and diluted earnings per share for 2021 were HKD 0.2836, compared to HKD 0.2488 in 2020[18] - The company's net profit attributable to shareholders for 2021 was HKD 263,382,000, up from HKD 231,462,000 in 2020[37] - Gross profit increased by 13.4% to HKD 446,396,000 in 2021 from HKD 393,819,000 in 2020[52] - EBITDA for 2021 was HKD 733,826,000, reflecting an 8.5% increase compared to HKD 676,106,000 in 2020[52] - Other net income decreased to HKD 43,957,000, a decline of 30.3% from HKD 63,070,000 in 2020, primarily due to a reduction in insurance and other compensation income[55] Dividends - The company declared an interim cash dividend of HKD 0.04 per share and a proposed final cash dividend of HKD 0.205 per share for the fiscal year 2021[19] - The board proposed a final dividend, details of which are included in the consolidated financial statements[70] Assets and Liabilities - The company has a cash and bank deposit balance of approximately HKD 1,363,964,000 as of December 31, 2021[38] - The company's total assets increased by 1.4% to HKD 7,295,364,000 in 2021 from HKD 7,195,891,000 in 2020[52] - Total liabilities as of December 31, 2021, were HKD 1,161,255,000, a decrease of HKD 94,129,000 from the previous year, resulting in a debt-to-asset ratio of 15.9%, down 1.5 percentage points[64] - The debt-to-asset ratio improved to 15.9% in 2021 from 17.4% in 2020, a decrease of 1.5 percentage points[52] Market Expansion and Operations - The company is actively expanding its market presence in mainland China and Southeast Asia, achieving positive growth in business volume despite a challenging market environment[30] - The company is set to launch the AsiaSat 6E satellite in 2023, which will enhance its broadband satellite services[28] - The company has established ground station facilities in Hong Kong, Australia, Indonesia, and Malaysia to support high-throughput satellite operations[29] - The company aims to explore new satellite project investments and expand into new business areas to enhance its competitive and service capabilities[32] Corporate Governance - The company maintains high standards of corporate governance and oversight by the board[86] - The board has established various committees, including an audit and risk management committee, to ensure high standards of corporate governance[75] - The board is responsible for ensuring the company maintains robust internal controls to protect shareholder investments and company assets[112] - The company has established an insider information policy to ensure timely and effective disclosure to the public in accordance with relevant laws and regulations[118] Environmental, Social, and Governance (ESG) - The company emphasizes environmental protection, social responsibility, and corporate governance (ESG), adhering to the guidelines set forth by the stock exchange[129] - The company has identified 39 significant ESG issues through stakeholder consultations and ranked them based on a survey conducted among internal and external stakeholders[134] - The top 10 significant ESG issues include operational compliance, quality management, and customer privacy protection, with operational compliance ranked first[135] - The company has made progress in controlling waste generation and radiation emissions from its satellite ground stations[127] Employee Welfare and Training - The group reported zero work-related injuries in 2021, maintaining a work injury rate of 0%[142] - The group provided annual health checks for employees to promote health awareness and compliance with safety regulations[141] - The group emphasizes employee training, providing both internal and external training programs to enhance skills and knowledge[145] - The number of employees receiving training increased to 96 in 2021, representing 87.3% of the workforce, up from 100 employees or 90.9% in 2020[146] Environmental Impact - The company reported a slight decrease of 0.17% in nitrogen oxide emissions in 2021 compared to 2020, with total emissions recorded at 53,806.92 grams[173] - Total greenhouse gas emissions rose by 11.89% in 2021, amounting to 5,425,536 kg CO2 equivalent, attributed to higher electricity consumption[177] - The company aims to further reduce the use of gasoline vehicles and consider electric vehicles to protect the environment[171] - The company continues to monitor environmental impacts related to satellite launches, which are regulated by national licenses and third-party insurance[195]
亚太卫星(01045) - 2021 - 年度财报