Financial Performance - The company reported an unaudited consolidated loss of HKD 115,334,000 for the six months ended December 31, 2021, compared to a loss of HKD 62,176,000 in the same period of 2020[4]. - The revenue for the six months ended December 31, 2021, was HKD 31,610,000, a significant decrease from HKD 878,860,000 in the previous year[29]. - The company reported a net loss of HKD 115,334,000 for the six months ended December 31, 2021, compared to a loss of HKD 62,176,000 in the same period of 2020, representing an increase in losses of approximately 85.5%[30]. - Total comprehensive income for the period was HKD 83,881,000, a decrease of 60.9% from HKD 214,298,000 in the prior year[30]. - The group reported a loss of HKD 112,102,000 for the six months ended December 31, 2021, compared to a profit of HKD 618,158,000 in the same period of 2020[58]. - The total tax expense for the six months ended December 31, 2021, was HKD 789,000, compared to HKD 643,236,000 in the same period of 2020[65]. - The basic and diluted loss per share for the period was 115,546,000 HKD, compared to 62,110,000 HKD in the previous year[70]. - The total comprehensive income for the period was HKD 83,881,000, despite a loss of HKD 115,546,000[39]. Dividends - The company declared an interim dividend of HKD 0.015 per share, down from HKD 0.020 per share in 2020[5]. - The company proposed a final dividend of 3.0 HK cents per share, down from 5.0 HK cents in the previous year[67]. - The interim dividend proposed is 1.5 HK cents per share, compared to 2.0 HK cents in the previous year[67]. Assets and Liabilities - Non-current assets increased slightly to HKD 6,880,865,000 as of December 31, 2021, compared to HKD 6,877,628,000 as of June 30, 2021[32]. - The company’s total liabilities increased to HKD 2,893,597,000 from HKD 2,786,042,000, indicating a rise of approximately 3.8%[32]. - As of December 31, 2021, the total assets reported were HKD 8,921,004,000, with liabilities amounting to HKD 631,940,000[51]. - The company’s total equity increased to HKD 7,115,040,000 as of December 31, 2021, compared to HKD 7,050,739,000 as of June 30, 2021, indicating a growth of approximately 0.9%[33]. - The group’s total assets as of June 30, 2021, were HKD 8,691,498,000, with total liabilities of HKD 536,960,000[53]. Cash Flow and Financial Position - Cash flows from operating activities showed a net outflow of HKD 27,588,000, a significant decline from a net inflow of HKD 204,016,000 in the previous year[36]. - The company generated HKD 26,921,000 in interest income during the period, compared to HKD 9,520,000 in the same period last year, reflecting an increase of 182.5%[36]. - The net cash used in investing activities was HKD 23,356,000, a recovery from a net outflow of HKD 326,549,000 in the previous year[36]. - The company reported a decrease in cash and cash equivalents of HKD 7,904,000 for the period, compared to a decrease of HKD 508,972,000 in the previous year[36]. - Total cash and bank balances amounted to HKD 1,986,520,000 as of December 31, 2021, slightly down from HKD 1,988,157,000 as of June 30, 2021[92]. Market Conditions and Challenges - The company anticipates continued economic challenges in Hong Kong due to the impact of the Omicron variant and geopolitical tensions[25]. - The rental rates and income for the serviced apartments in Malaysia have significantly decreased due to market conditions[22]. - The company is facing challenges in the Hong Kong economy due to the Omicron variant and geopolitical tensions, but expects gradual recovery in the long term[167]. Property and Sales - The occupancy rate for Zhao Garden Phase 2 in Pok Fu Lam was maintained at 85%[8]. - The total sales amount for Zhao Neng Ya Yuan in Shenzhen reached RMB 3.582 billion, with 809 units sold to date[14]. - The property rental segment generated revenue of HKD 25,949,000, while the property management segment contributed HKD 5,871,000[51]. - Revenue for the six months ended December 31, 2021, was HKD 31,610,000, a decrease of 96.4% compared to HKD 878,860,000 for the same period last year, primarily due to no property sales in Shenzhen during the period[127]. Investment and Financial Assets - The investment in bonds was valued at HKD 146,898,000 as of December 31, 2021, with no new bonds purchased during the period[24]. - The fair value of financial assets measured at fair value through profit or loss for Hong Kong listed equity securities increased to HKD 37,552,000 as of December 31, 2021, from HKD 32,101,000 as of June 30, 2021, representing a growth of approximately 16.5%[85]. - The fair value of financial assets measured at fair value through other comprehensive income was HKD 198,450,000 as of December 31, 2021, compared to HKD 207,312,000 as of June 30, 2021[119]. Management and Governance - The total remuneration paid to key management personnel, including directors' fees, was HKD 7,166,000 for the six months ended December 31, 2021, compared to HKD 5,145,000 for the same period in 2020[112]. - The company is currently seeking a suitable candidate to fill the vacancy left by the passing of an independent non-executive director[172]. - The company has not repurchased or cancelled any shares during the six-month period ending December 31, 2021[171].
卓能(集团)(00131) - 2022 - 中期财报