载通(00062) - 2020 - 年度财报

Operations and Services - The group operates approximately 4,000 buses, covering 417 routes in Hong Kong[15] - The group reported a significant presence in the non-franchised transport sector with 390 buses under Sunshine Bus Holdings Limited[15] - The group operates a cross-border shuttle bus service between Hong Kong and Shenzhen, enhancing connectivity[15] - The group is positioned as a leader in the public transport industry in Hong Kong and mainland China[14] - The group has a strategic focus on environmental protection and sustainable business practices[12] - The group aims to enhance shareholder value while contributing to the social and economic development of the Greater China region[12] - The group is committed to providing innovative and high-quality services to meet customer needs[14] Financial Performance - Total revenue for 2020 was HKD 6,190.9 million, a decrease of 24% from HKD 8,112.2 million in 2019[23] - Profit attributable to equity holders was HKD 408.6 million, down 33% from HKD 605.3 million in 2019[23] - Earnings per share decreased to HKD 0.90, a decline of 35% from HKD 1.38 in 2019[23] - Total assets increased by 15% to HKD 19,301.6 million from HKD 16,717.4 million in 2019[23] - Net debt decreased by 37% to HKD 788.8 million from HKD 1,250.7 million in 2019[23] - The group reported a profit attributable to shareholders of HKD 1.9041 billion for the year ended December 31, 2020, an increase from HKD 1.2988 billion in 2019, primarily due to a non-recurring gain of HKD 1.4955 billion from the sale and revaluation of a 50% stake in TM Properties Investment Limited[42] - Excluding the non-recurring gain, the profit attributable to shareholders for 2020 was HKD 408.6 million, a decrease of HKD 196.7 million compared to 2019[42] Passenger Volume and Demand - Average daily passenger trips in Hong Kong fell to 2.20 million, a decrease of 25% from 2.93 million in 2019[23] - Passenger volume for KMB and LWB decreased by 24% and 38% respectively due to the pandemic, with expectations of low demand persisting in the "new normal"[56] - The passenger volume for the cross-border bus service dropped from 3.44 million in 2019 to 400,000 in 2020 due to the pandemic[105] - Kowloon Bus Company (KMB) recorded a post-tax profit of HKD 203.3 million in 2020, down HKD 111.6 million from 2019, with passenger volume decreasing by 24.0% year-on-year[43] - Long Win Bus Company reported a post-tax profit of HKD 600,000 in 2020, a decline of HKD 53.1 million compared to 2019, with passenger volume dropping significantly by 38.4% year-on-year[43] Safety and Health Measures - The group emphasizes safety as its top priority, implementing various measures to ensure high standards[9] - The company established a mask production line to enhance health safety measures during the pandemic[31] - The group has enhanced bus safety measures by introducing the "GreenRoad" driver feedback system to improve driving safety and habits[50] - The company introduced various public health measures during the pandemic, including non-contact thermometers and mask distribution[158] - The group introduced three types of ASTM Level 2 standard masks to meet family needs, ensuring employee safety during the pandemic[46] - KMB has implemented enhanced cleaning measures for buses and added ventilation systems to improve passenger confidence in hygiene[56] Environmental Initiatives - The group has a strategic focus on environmental protection and sustainable business practices[12] - KMB is investing in solar power installations across multiple depots to support its goal of zero emissions[57] - The company has implemented a diverse electronic payment system on its buses, supporting contactless payment methods[171] - KMB has introduced double-decker buses equipped with solar panels, which can reduce cabin temperature by approximately 8 to 10 degrees Celsius compared to non-equipped buses[191] - KMB and Long Win are actively researching renewable energy and zero-emission technologies, including a 324 kWh lithium iron phosphate electric bus with a range of 200 kilometers and zero emissions[191] - The company has adopted local scientific technology for medical-grade disinfection of its fleet[166] Community Engagement and Corporate Social Responsibility - The company has accumulated over 340,000 volunteer service hours during the pandemic, demonstrating commitment to community service[53] - KMB has donated retired buses to 34 schools for educational purposes, strengthening community ties[53] - The company has donated masks to various charitable organizations to assist vulnerable groups[165] - The company is actively involved in community activities and aims to establish long-term volunteer programs with charitable organizations[135] Technological Advancements - The company upgraded its App1933 in 2020, enhancing bus arrival time forecasts and adding real-time information from other bus operators, improving user experience[86] - The KMB app, App1933, has over 5 million downloads and 1 million daily active users, providing real-time bus arrival information and new features like location-based traffic updates[182] - KMB has installed various technological devices in buses, including speed limiters and remote messaging systems, to enhance safety performance[145] - The company has implemented a comprehensive occupational health and safety management system (ISO 45001) to optimize safety performance across all business areas[141] Governance and Compliance - The group emphasizes compliance with laws and regulations, with no reported incidents of corruption during the reporting period[127] - The board consists of 9 non-executive directors, 5 independent non-executive directors, and 1 executive director, focusing on long-term development and shareholder value[126] - The group has established a risk management system that identifies and manages risks, including climate change-related risks, with key performance indicators reported to the audit and risk management committee three times a year[126] - The group has implemented a procurement policy that ensures ethical standards and quality control in supplier relationships[130] Fleet Management - The mechanical reliability of the bus fleet was reported at 94,551 kilometers in 2020, indicating the average distance a bus can travel before experiencing a mechanical failure[69] - The fleet operation capability reached 93.96% during peak hours (7 AM to 9 AM) in 2020, reflecting the actual bus departures compared to the scheduled timetable[71] - As of December 31, 2020, the total fleet of KMB consisted of 4,009 buses, including 3,866 double-decker buses and 143 single-decker buses[75] - KMB added 259 new buses during the year, while 331 buses were retired, resulting in a net decrease of 72 buses[75] - KMB introduced 221 Euro VI ultra-low floor double-decker buses in 2020, with a total of 301 Euro VI buses and 8 single-decker electric buses ordered for delivery in 2021[75] Future Plans and Developments - The company plans to procure approximately 15 single-deck electric buses, with deliveries expected in the second half of 2021[54] - The company is exploring new route adjustments to meet changing passenger demands, particularly for suburban routes[56] - The company plans to add 5 Euro 6 ultra-low floor double-decker buses in 2021 to maintain an average fleet age of under 6 years[101] - The company is actively participating in government-funded projects to test the feasibility of double-decker electric buses in Hong Kong[54] - The opening of the Tuen Mun-Chek Lap Kok Tunnel is anticipated to enhance the overall transportation network in the Tuen Mun area, presenting future growth opportunities[54] Awards and Recognition - The group has received recognition for its public transport services, including multiple awards for service excellence in 2020[125] - The company emphasizes sustainable development and corporate social responsibility, receiving multiple awards in 2020 for its initiatives[124]