Financial Performance - For the fiscal year ending December 31, 2024, the group reported revenue from continuing operations of approximately HKD 80,726,000, an increase of about 4.7% compared to HKD 77,132,000 in 2023[5] - The profit attributable to the owners of the company for the fiscal year was approximately HKD 17,509,000, a significant increase of about 321% from a loss of HKD 7,922,000 in the previous year[5] - Earnings per share for the fiscal year was HKD 5.9, compared to a loss per share of HKD 2.8 in 2023[5] - The group recorded a net other income of HKD 13,457,000 in 2024, compared to a net loss of HKD 2,151,000 in 2023[7] - The pre-tax profit for 2024 was reported at 9,264 thousand HKD, a significant increase from 928 thousand HKD in 2023[27] - The company recorded a profit attributable to owners of approximately HKD 17,500,000 for the year ended December 31, 2024, compared to a loss of HKD 7,900,000 for the year ended December 31, 2023[68] - Total revenue increased by approximately HKD 3,600,000, from HKD 77,100,000 for the year ended December 31, 2023 to HKD 80,700,000 for the year ended December 31, 2024[69] Assets and Liabilities - The total assets less current liabilities as of December 31, 2024, amounted to HKD 60,767,000, up from HKD 43,155,000 in 2023[9] - The net asset value attributable to the owners of the company increased to HKD 60,394,000 in 2024 from HKD 42,885,000 in 2023[11] - The group’s cash and cash equivalents increased to HKD 49,523,000 in 2024, compared to HKD 26,587,000 in 2023[9] - The group’s total liabilities increased to HKD 18,785,000 in 2024 from HKD 12,362,000 in 2023[9] - The company’s total liabilities amounted to HKD 9,029,000, with the highest liabilities in outsourced inbound customer contact services at HKD 1,762,000[24] - The total liabilities for 2024 were reported at 19,158 thousand HKD, an increase from 12,632 thousand HKD in 2023, reflecting a growth of approximately 51.9%[30] Revenue Breakdown - For the year ended December 31, 2024, the total revenue from continuing operations was HKD 80,726,000, with the largest contribution from outsourced inbound customer contact services at HKD 16,174,000[24] - Revenue from outsourced inbound customer contact services increased from approximately HKD 14,500,000 for the year ended December 31, 2023, to approximately HKD 16,200,000 for the year ending December 31, 2024[71] - Revenue from personnel dispatch services rose from approximately HKD 49,600,000 for the year ended December 31, 2023, to approximately HKD 52,600,000 for the year ending December 31, 2024, driven by increased demand[72] - Revenue from customer contact service center and equipment management services decreased from approximately HKD 9,400,000 for the year ended December 31, 2023, to approximately HKD 5,200,000 for the year ending December 31, 2024, due to reduced demand[73] - The revenue from personnel dispatch services accounted for 65.2% of total revenue, amounting to HKD 52,638,000 for the year ended December 31, 2024, compared to 64.3% or HKD 49,574,000 for the previous year[69] Expenses - Employee benefit expenses rose to HKD 77,972,000 in 2024 from HKD 65,488,000 in 2023[7] - Depreciation and amortization expenses for the group totaled HKD 2,532,000, with the highest expense in outsourced outbound customer contact services at HKD 889,000[24] - The company’s depreciation and amortization expenses for 2024 totaled 3,341 thousand HKD, up from 2,098 thousand HKD in 2023, representing an increase of approximately 59.2%[36] - Employee benefits expenses increased from approximately HKD 65,000,000 for the year ended December 31, 2023, to approximately HKD 78,000,000 for the year ending December 31, 2024, due to hiring more employees[82] Dividends - The board of directors does not recommend the payment of a final dividend for the fiscal year ending December 31, 2024, compared to no dividend in 2023[5] - The company does not recommend the payment of a final dividend for the year ending December 31, 2024[61] Business Operations - The group ceased its financial services operations following the sale of Gear Credit Limited on December 27, 2024, which impacted the overall business operations[20] - The company’s main business operations include comprehensive multimedia customer contact services, customer contact center systems, personnel dispatch, and financial services[1] - The company strategically sold its lending business, generating approximately HKD 3,644,000 in revenue, aligning with its long-term strategy to streamline operations[47] Market Conditions - The company recorded a slight increase in annual revenue despite a challenging business environment, with Hong Kong's economy growing by approximately 2.5%[44] - The local unemployment rate remained stable at 3.1%, reflecting a strong labor market throughout the period[45] - The company remains cautiously optimistic about the growth potential of personnel dispatch services, particularly due to the anticipated low unemployment rate and a tight labor market[58] - The company acknowledges the challenges posed by geopolitical tensions and fluctuating trade policies, which impact local industries such as logistics, retail, and finance[57] Governance and Compliance - The company has complied with all corporate governance codes as of December 31, 2024[95] - The board of directors has adopted a code of conduct for securities trading, confirming compliance as of December 31, 2024[96] - The audit committee has reviewed the consolidated financial results for the year ending December 31, 2024[92] - The auditor confirmed that the figures in the preliminary announcement are consistent with the audited financial statements for the year[93] Management and Leadership - The executive director and CEO is Mr. Tang Yiu Sing, with independent non-executive directors including Mr. Wong Kam Tai, Ms. Kwong Yuk Ying, and Ms. Tsang Lai Mei[98]
易通讯集团(08031) - 2024 - 年度业绩