载通(00062) - 2018 - 年度财报

Operations and Fleet - The company operates approximately 4,100 buses, providing public bus services covering 409 routes in Hong Kong[11]. - The company has a fleet of 262 buses under Long Win Bus Company, operating 33 routes connecting New Territories to Hong Kong International Airport[12]. - The company provides non-franchised bus services with a fleet of 390 buses under Sunshine Bus Holdings[14]. - The number of licensed buses at year-end increased by 4% to 4,374 from 4,217 in 2017[28]. - Daily average passenger trips for the franchised bus business increased by 2% to 2.91 million from 2.86 million in 2017[28]. - The fleet consisted of 4,112 buses as of December 31, 2018, with 470 new buses added during the year[107]. - KMB operated a total of 409 bus routes by the end of 2018, continuously reviewing routes to enhance efficiency and competitiveness[106]. - Long Win Bus's fleet now consists of 80% Euro V compliant buses, following the introduction of new vehicles in 2018[139]. - Long Win Bus introduced 15 new Euro V low-floor air-conditioned double-decker buses in 2018, increasing its fleet to 258 double-decker buses and 4 single-decker electric buses by December 31, 2018[129]. Financial Performance - Revenue from continuing operations for 2018 was HKD 8,009.3 million, a 2% increase from HKD 7,887.7 million in 2017[28]. - Profit attributable to equity holders for 2018 was HKD 720.1 million, a 44% decrease from HKD 1,294.8 million in 2017[28]. - Earnings per share for 2018 was HKD 1.68, down 46% from HKD 3.11 in 2017[28]. - Total assets increased by 5% to HKD 15,410.0 million from HKD 14,656.0 million in 2017[28]. - The year-end stock price was HKD 21.60, a 14% decrease from HKD 25.15 at the end of 2017[36]. - The group's profit attributable to shareholders for the year ended December 31, 2018, was HKD 720.1 million, a decrease of 44.4% compared to HKD 1.2948 billion in 2017. Excluding one-time non-recurring income of HKD 439.6 million in 2017, the profit decreased by 15.8%[55]. - The board has proposed a final dividend of HKD 0.90 per share, bringing the total dividend for the year to HKD 1.20 per share[56]. Customer Engagement and Services - The company has launched various innovative programs such as monthly bus passes and student discounts to enhance customer convenience[2]. - The introduction of the "KMB Monthly Pass" in March 2018 covers over 400 routes, and a new optimized plan was launched in September, allowing for a continuous 30-day validity[60]. - The introduction of the KMB monthly pass provided passengers with more flexible and cost-effective bus services[77]. - KMB expanded its special bus routes to 11 for events at the Hong Kong Coliseum, enhancing service during large gatherings[110]. - A new transfer discount program was extended until June 30, 2019, allowing passengers to save on fares when transferring between KMB and other transport services[113]. - The upgraded KMB mobile app, "App1933," includes real-time bus capacity monitoring and historical photos of bus stops, enhancing user experience[119]. Safety and Quality Assurance - The group has implemented safety measures, including the installation of seat belts in all new buses purchased since March 2018 and the introduction of advanced safety technologies[62]. - Implementation of safety enhancements included all new Euro VI buses equipped with electronic stability systems and seat belts[77]. - KMB's bus safety management committee has been actively implementing recommendations to enhance bus safety and has engaged in comprehensive exchanges on advanced technology and training[189]. - The company has invested in various technological devices to enhance bus safety, including speed limiters and remote messaging systems[194]. - The company is committed to ongoing resource investment to ensure bus operational safety[187]. Environmental Initiatives - The company aims to introduce innovative technologies and environmentally friendly solutions to improve service quality and operational efficiency[7]. - The company developed a second-generation solar-powered double-decker bus to reduce fuel consumption[53]. - The new solar power system developed for double-decker buses can reduce cabin temperature by 8 to 10 degrees Celsius and save approximately 3% in fuel consumption[99]. - The group continues to invest in environmentally friendly buses, having introduced the first Euro VI compliant double-decker bus in Hong Kong in 2017[99]. - The group has ordered 340 Euro VI air-conditioned double-decker buses, expected to be delivered in 2019[100]. Employee Welfare and Development - Employee salaries were adjusted with an average increase of approximately 16% for monthly bus drivers, alongside enhanced benefits and working conditions[63]. - The company held eight large recruitment days to attract talent, showcasing benefits and training programs[71]. - The company is committed to enhancing employee welfare and optimizing promotion pathways for frontline staff[71]. - Long Win Bus has implemented a comprehensive training program for drivers to ensure high service quality and safety standards[136]. Community Engagement and Corporate Social Responsibility - The group donated 14 retired buses for educational purposes, enhancing community connections and supporting social welfare initiatives[66]. - The company emphasizes sustainable development and corporate social responsibility, focusing on environmental protection, health, and safety[182]. - Key stakeholders include passengers, employees, suppliers, and NGOs, with various engagement activities conducted throughout 2018[176]. - The company has established a stakeholder engagement program to gather feedback on operations and services[181]. Regulatory and Market Challenges - The group faces regulatory risks as most of its revenue comes from franchised transport services, with fare adjustments requiring government approval[85]. - The company applied for fare adjustments to increase resources amid rising costs due to fuel and labor expenses[67]. - The company is focused on enhancing service quality and exploring sustainable new business opportunities in the transportation sector[161].