Financial Performance - The total revenue for 2023 was HKD 9.987 billion, a slight decrease of approximately 1.2% compared to HKD 10.111 billion in the previous year[3]. - The profit attributable to shareholders for 2023 was HKD 1.231 billion, an increase of 3.4% from HKD 1.191 billion in 2022[3]. - The basic earnings per share for 2023 were HKD 0.333, reflecting a 3.1% increase from the previous year[3]. - Total comprehensive income for the year ended December 31, 2023, was HKD 1,279 million, compared to HKD 1,139 million in 2022, representing an increase of 12.3%[20]. - Pre-tax profit for 2023 was HKD 1,231 million, an increase from HKD 1,191 million in 2022, reflecting a growth of about 3.4%[56]. - The company reported a profit of HKD 2,625 million for the operating segment in 2023, compared to HKD 2,732 million in 2022, indicating a decrease of about 4%[41]. - The group reported a net loss of HKD 2 million from the sale of property, plant, and equipment in 2023, compared to a loss of HKD 1 million in 2022[41]. Dividends - The proposed final dividend for 2023 is HKD 0.193 per share, leading to a total annual dividend of HKD 0.253 per share, up 3.3% from the previous year[3]. - The company declared an interim dividend of HKD 6.0 per share for 2023, consistent with the previous year, and proposed a final dividend of HKD 19.3 per share, up from HKD 18.5 per share in 2022[55]. - Proposed final dividend of HKD 0.193 per share, up from HKD 0.185 in 2022, totaling HKD 0.253 per share for the year, compared to HKD 0.245 in 2022[105]. Revenue Breakdown - Total revenue from telecommunications services decreased to HKD 8,569 million in 2023 from HKD 8,831 million in 2022, representing a decline of approximately 3%[36]. - Internet business revenue increased to HKD 1,427 million in 2023, up from HKD 1,331 million in 2022, reflecting a growth of about 7%[36]. - International telecommunications business revenue decreased to HKD 2,954 million in 2023, down from HKD 3,453 million in 2022, a decline of approximately 14%[36]. - Revenue from external customers in Hong Kong for 2023 was HKD 4,136 million, down from HKD 4,636 million in 2022, representing a decline of approximately 10.8%[45]. - The total revenue from external customers for 2023 was HKD 5,851 million, an increase of 6.8% compared to HKD 5,475 million in 2022[45]. Assets and Liabilities - Non-current assets totaled HKD 13,985 million in 2023, down from HKD 14,537 million in 2022, a decrease of 4%[23]. - Current assets decreased to HKD 3,378 million in 2023 from HKD 3,644 million in 2022, a decline of 7.3%[24]. - Total liabilities decreased to HKD 2,547 million in 2023 from HKD 2,800 million in 2022, a reduction of 9%[24]. - The company's equity attributable to shareholders increased to HKD 10,756 million in 2023 from HKD 10,373 million in 2022, an increase of 3.7%[26]. - Total liabilities for 2023 were HKD 6,499 million, a decrease from HKD 7,710 million in 2022[43]. Operational Highlights - Macau Telecom achieved over 500,000 5G users by the end of 2023, holding a market share of approximately 75%[4]. - The company successfully transitioned to a fully fiber-optic network, achieving 100% fiberization for all broadband users[4]. - The overall user base grew by approximately 19.7% to over 663,000 users, with postpaid customers increasing by 15.1% to about 510,000[66]. - The number of 5G mobile users exceeded 502,000, representing 75.7% of the total mobile user base[66]. - The corporate business revenue for the year ended December 31, 2023, was HKD 3.079 billion, remaining flat year-on-year, with a 6.0% increase in Macau due to new large projects awarded in the second half of 2023[69]. Technological Innovation - The company has filed multiple patents related to innovative algorithms and technologies, enhancing its technological innovation capabilities[8]. - The company plans to enhance its core competitiveness by expanding into new fields such as IoT, AI, information security, and 5G applications[12]. - The company launched the TrustCSI™ 3.0 cybersecurity solution on November 22, 2023, enhancing its security service capabilities[6]. - The group is focused on technological innovation and product development to meet customer demands and maintain industry leadership[101]. Corporate Governance and Social Responsibility - The board of directors has reviewed the 2023 financial statements with external auditors, ensuring adherence to corporate governance standards[104]. - The company emphasizes high ethical standards and employee integrity, implementing anti-corruption policies and training programs to enhance compliance awareness[101]. - The group actively engages in community support through volunteer services and donations, leveraging its telecommunications expertise to aid social development[103]. - The company is committed to social responsibility and ensuring stable communication services during major events[11]. Financial Management - The net cash outflow for the year was HKD 175 million, with cash inflows from operations amounting to HKD 2.064 billion[80]. - The net debt-to-equity ratio improved from 20% in 2022 to 17% in 2023, with net borrowings reduced to HKD 2.208 billion[84]. - The total available credit facilities as of December 31, 2023, were HKD 1.648 billion, with HKD 352 million drawn and HKD 1.296 billion undrawn[90]. - Approximately 90.9% of the group's borrowings (excluding interest payable) were at fixed interest rates as of December 31, 2023, compared to 78.7% in 2022[96]. Future Outlook - The company aims to strengthen its digital economy capabilities and expand its global network coverage[14]. - The expected future revenue to be recognized within one year is HKD 2,169 million for 2023, compared to HKD 2,130 million for 2022, showing an increase of approximately 2%[38].
中信国际电讯(01883) - 2023 - 年度业绩