Financial Performance - The company's revenue for the year was approximately HKD 94.8 million, a decrease of about 25.1% compared to HKD 126.6 million for the year ended June 30, 2023[8]. - Profit attributable to equity holders for the year was approximately HKD 30.9 million, down about 34.1% from approximately HKD 46.9 million for the year ended June 30, 2023[8]. - Revenue from healthcare staffing solutions was approximately HKD 77.3 million, a decrease of about 25.0% from approximately HKD 103.0 million for the year ended June 30, 2023[8]. - Revenue from outreach case assessment and vaccination services decreased by approximately 33.1% to about HKD 8.2 million, primarily due to the government's withdrawal of COVID-19 control measures[8]. - Total revenue for the year was approximately HKD 94,800,000, a decrease of about 25.1% from approximately HKD 126,600,000 for the year ending June 30, 2023[10]. - The profit for the year was approximately HKD 30,900,000, a decrease of about HKD 16,000,000 or 34.1% from approximately HKD 46,900,000 for the year ending June 30, 2023[15]. - The net profit margin decreased from approximately 37.1% to about 32.6%[15]. - Other income for the year was approximately HKD 1,500,000, a significant decrease from HKD 9,000,000 the previous year, primarily due to the absence of event-related income[12]. - Employee benefits expenses were approximately HKD 26,000,000, down from HKD 38,700,000 the previous year[13]. - Cash and cash equivalents were approximately HKD 81,100,000 as of June 30, 2024, down from HKD 93,300,000 the previous year[18]. Business Strategy and Operations - The company has established a service platform called "HealthHub" in Mong Kok, integrating healthcare and smart home AI technology[5]. - The company is focused on diversifying its business and enhancing personalized market services while expanding its operational footprint[5]. - The company aims to improve community healthcare standards and fulfill its social responsibility through comprehensive services centered on family health[5]. - The company is committed to maintaining robust financial management principles to support ongoing business expansion and future development[4]. - The company aims to enhance its core business and become a more recognized market leader through strategic partnerships and business diversification[9]. Corporate Governance - The company maintains high standards of corporate governance and compliance with applicable codes[31]. - The board held four meetings during the year, with all directors attending 100% of the meetings[41]. - The Audit Committee conducted three meetings, with all members present at each meeting[44]. - The Remuneration Committee held one meeting, with full attendance from all members[46]. - The Nomination Committee met twice during the year, with all members present at each meeting[48]. - The company confirmed the independence of all non-executive directors in accordance with listing rules[39]. - The board is committed to diversity in its composition, considering factors such as age, gender, and professional experience[47]. - The board is responsible for overseeing the company's overall strategy and financial performance[42]. - The board has adopted a diversity policy, ensuring that 37% of employees are male and 63% are female, reflecting a reasonable gender balance[49]. Environmental, Social, and Governance (ESG) Initiatives - The board is committed to monitoring and improving the company's environmental, social, and governance (ESG) performance, ensuring transparency and accountability[86]. - The company emphasizes the importance of stakeholder engagement and has set directional environmental goals to track progress[85]. - The ESG report adheres to the principles of materiality, quantification, balance, and consistency, ensuring meaningful comparisons of data[77]. - The company is actively pursuing a low-carbon economy transition, aiming to reduce greenhouse gas emissions in both the short and long term[84]. - The company has received multiple awards recognizing its commitment to providing excellent products and services[83]. - The report includes a commitment to fostering a culture of diversity and inclusion, valuing diverse perspectives and contributions[84]. - The company aims to enhance its internal data collection processes to ensure a comprehensive performance overview[76]. - The ESG working group is composed of the CEO, CFO, and COO, responsible for overseeing and evaluating the group's ESG procedures and risk management[87]. - The group conducts an annual materiality assessment to understand stakeholders' opinions and expectations regarding ESG issues, which helps in sustainable development planning[88]. - The ESG working group reviews the progress of goals regularly, and if there are significant discrepancies, strategies will be revised accordingly[89]. Employee and Labor Practices - The number of registered healthcare personnel increased to approximately 29,800 as of June 30, 2024, up by about 2,800 or 10.4% from 27,000 the previous year[9]. - The employee turnover rate as of June 30, 2024, is 16% for males and 19% for females, showing a decrease from the previous year[128]. - The company has a total of 55 employees as of June 30, 2024, down from 60 in the previous year[128]. - The company has not reported any violations of labor laws related to compensation, hiring, or discrimination during the year[128]. - The company is committed to respecting international human rights and has not encountered any cases of child labor or forced labor violations during the year[129]. - 100% of employees received training in the current year, with a total of 2,416 training hours provided[135]. - The percentage of trained employees by gender: 35% male and 65% female in 2024[135]. - Average training hours per employee: 43.2 hours for males and 44.3 hours for females in 2024[135]. Community Engagement - The group has contributed HKD 25,000 in cash and HKD 89,000 in kind to community support initiatives in 2023[147]. - The group actively participated in various community activities, including supporting vaccination programs and sponsoring healthcare events[147]. - The group has received the 10-year Plus "Caring Company" logo, reflecting its commitment to social responsibility and community engagement[146]. - The group emphasizes the importance of community involvement for sustainable development and social inclusivity[146]. Shareholder Information - The company declared a final dividend of HKD 15,000,000 (HKD 0.0375 per share) for the year, compared to HKD 0.0500 per share in 2022[165]. - The total bank borrowings as of June 30, 2024, amounted to HKD 63,100,000, a decrease from HKD 65,500,000 in 2023[166]. - The company's distributable reserves were approximately HKD 20,318,000 as of June 30, 2024, down from HKD 29,691,000 in 2023[166]. - The company has not purchased, redeemed, or sold any of its listed securities during the year and up to the date of this report[167]. Stock Options and Incentive Plans - The company has granted stock options to directors, with a total of 1,850,000 shares at an exercise price of HKD 1.440 and 2,000,000 shares at HKD 0.994[179]. - The stock options granted to directors represent 0.460% and 0.500% of the total shares respectively[179]. - The stock option plan was approved by shareholders on June 24, 2014, and aims to reward eligible participants contributing to the group[183]. - The maximum number of shares that can be issued under the stock option plan is capped at 40,000,000, which is 10% of the total shares issued at the time of the plan's adoption[184]. - The stock incentive plan allows for a maximum of 40,000,000 shares to be granted, which is 10% of the total issued shares at the time of the plan's adoption[192]. - The total number of stock options exercised during the year is zero, indicating no stock options were utilized[189]. - The company aims to attract suitable talent and retain existing employees through the stock incentive plan[190]. Compliance and Risk Management - The company has a zero-tolerance policy towards corruption, including bribery and fraud, with a reporting system for employees to raise concerns[64]. - The company has established procedures for handling and disclosing inside information to ensure accuracy and timeliness[65]. - The company secretary has completed no less than 15 hours of professional training to update skills and knowledge[66]. - The company has implemented a comprehensive policy and procedures to manage product and service responsibilities, ensuring quality and safety[138]. - The group has implemented strict measures to protect personal data, ensuring confidentiality and preventing unauthorized access[141]. - The group has established robust procedures to protect intellectual property, ensuring all software is sourced from authorized suppliers[142].
百本医护(02293) - 2025 - 年度财报