万邦投资(00158) - 2024 - 年度业绩

Financial Performance - For the fiscal year ending September 30, 2024, the company reported total revenue of HKD 161,666,000, an increase from HKD 157,894,000 in the previous year, representing a growth of approximately 1.8%[4] - The company recorded a gross profit of HKD 124,929,000 for the year, compared to HKD 116,929,000 in the prior year, indicating an increase of about 6.8%[4] - The pre-tax loss for the year was HKD 138,498,000, compared to a pre-tax loss of HKD 112,746,000 in the previous year, reflecting a deterioration of approximately 22.9%[4] - The total comprehensive loss attributable to shareholders for the year was HKD 166,236,000, compared to HKD 145,644,000 in the previous year, marking an increase of about 14.1%[2] - The company reported a loss attributable to shareholders of HKD 156,357,000 for 2024, compared to a loss of HKD 129,165,000 in 2023, representing an increase in loss of approximately 21.1%[20] - The company's loss attributable to shareholders for the year ended September 30, 2024, was HKD 156.4 million, compared to a loss of HKD 129.1 million in 2023, primarily due to a fair value loss on investment properties[29] - The fair value loss on investment properties for the year was HKD 264.9 million, compared to HKD 221.1 million in 2023, indicating a significant increase in losses[29] Assets and Liabilities - The company's total assets as of September 30, 2024, were HKD 7,105,494,000, a decrease from HKD 7,373,162,000 in the previous year, representing a decline of approximately 3.6%[7] - Non-current assets decreased from HKD 7,166,608,000 to HKD 6,897,816,000, indicating a reduction of about 3.8%[6] - The company's net current assets increased slightly from HKD 206,554,000 to HKD 207,678,000, showing a growth of approximately 0.5%[7] - The total equity of the company as of September 30, 2024, was HKD 7,099,097,000, down from HKD 7,355,333,000, reflecting a decrease of about 3.5%[7] - Trade receivables decreased to HKD 4,304,000 in 2024 from HKD 4,554,000 in 2023, indicating a reduction of about 5.5%[24] - Trade payables slightly decreased to HKD 1,596,000 in 2024 from HKD 1,843,000 in 2023, a decline of approximately 13.4%[27] Revenue Sources - Rental income from property investment for 2024 was HKD 140,959,000, a slight increase from HKD 139,159,000 in 2023[15] - Property management fee income rose to HKD 20,707,000 in 2024 from HKD 18,735,000 in 2023, reflecting a growth of approximately 10.4%[15] - Interest income increased to HKD 8,982,000 in 2024 from HKD 7,609,000 in 2023, marking a growth of approximately 18.0%[16] - Operating profit from leasing business increased from HKD 108.4 million to HKD 126.4 million, representing a growth of 16.6% year-over-year[29] Investment Properties - The fair value change of investment properties resulted in a pre-tax loss of HKD 126,420,000 for 2024, compared to a loss of HKD 108,380,000 in 2023[15] - The net asset value of investment properties decreased to HKD 6,805,150,000 in 2024 from HKD 7,064,000,000 in 2023, reflecting a decline of approximately 3.7%[22] - The occupancy rates for the investment properties, Central Plaza and Kingly Commercial Building, were approximately 92% and 85% respectively as of September 30, 2024, compared to 93% and 85% in 2023[30] Dividends and Shareholder Returns - The company reported a total of HKD 90,000,000 in interim and proposed final dividends for both 2024 and 2023, maintaining the same dividend per share of HKD 1.80[19] Corporate Governance and Operations - The company has adopted new accounting standards that did not have a significant impact on its performance and financial position[10] - The board identified property investment in Hong Kong as the sole operating segment of the company[14] - The company did not engage in any acquisitions or disposals of subsidiaries or investments accounted for using the equity method during the year[33] - There were no significant capital investments or future development plans announced by the company for the year[33] - The company maintained a workforce of 14 employees, with compensation levels kept reasonable and based on performance evaluations[32] - The audit committee reviewed the risk management framework and internal control systems for the year ended September 30, 2024[36]