载通(00062) - 2024 - 年度财报

Operations and Services - The company operates over 4,000 buses, providing public transport services across 444 routes in Hong Kong[23] - The company operates 283 buses under Long Win Bus Company, serving 43 routes connecting New Territories to Hong Kong International Airport[24] - New bus routes were launched to serve residents of newly completed housing estates, enhancing public transport services[72] - The group received approval for four new route franchises at Anderson Road Quarry, expanding its service network[94] - The group is actively expanding its bus network and services to meet the rising demand from local residents and tourists following the resumption of economic activities in Hong Kong[154] - KMB's new route B9A was introduced in 2024 to connect Yuen Long West and the Hong Kong-Shenzhen border, responding to increased usage at the border[166] Financial Performance - The company's revenue for the year ended December 31, 2024, was HKD 8,215.4 million, representing a 4.2% increase from HKD 7,884.8 million in 2023[56] - Operating profit for 2024 was HKD 411.6 million, a significant increase of 91.8% compared to HKD 214.6 million in 2023[56] - Basic earnings attributable to equity holders of the company increased by 132.3% to HKD 265.5 million from HKD 114.3 million in the previous year[56] - The group reported a basic profit attributable to shareholders of HKD 265.5 million for the year ended December 31, 2024, compared to HKD 114.3 million in the previous year, representing an increase of 132.5%[108] - Basic earnings per share increased to HKD 0.53 from HKD 0.24, reflecting improved performance in the public bus business[108] - The group recorded a net profit after tax of HKD 126.8 million for KMB in 2024, up from HKD 11.5 million in 2023[110] - Long Win Bus Company achieved a net profit after tax of HKD 41.7 million in 2024, compared to HKD 23.1 million in 2023[111] - The company declared a final dividend of HKD 0.50 per share, down 37.5% from HKD 0.80 per share in 2023[56] - The group proposed a final dividend of HKD 0.50 per share for 2024, down from HKD 0.80 per share in the previous year[109] Sustainability and Environmental Initiatives - The company is committed to sustainable development and aims to enhance shareholder value while contributing to the socio-economic development of the Greater China region[12] - The company is actively pursuing green transport solutions in collaboration with Abu Dhabi, leveraging its expertise from Kowloon Motor Bus[3] - The company is dedicated to fulfilling its social responsibilities and promoting green initiatives to create a more sustainable and livable city[3] - The introduction of 82 electric buses, including the highest capacity double-decker electric bus, contributes to a total of 40 routes equipped with electric buses, covering various operational environments[115] - The electric bus fleet has traveled 5 million kilometers, resulting in a reduction of 8,000 tons of carbon emissions, demonstrating a significant contribution to carbon reduction efforts[115] - The company has established six five-year environmental performance indicators for the fiscal years 2024-2028, ensuring compliance with sustainability standards[116] - A sustainable development performance-linked loan agreement of HKD 200 million has been signed with Bank of China (Hong Kong) to support various sustainability performance indicators[117] - KMB aims to transition its entire fleet to new energy buses to align with government carbon neutrality goals[168] - The company has installed tire pressure monitoring systems on 2,400 buses to enhance safety[170] - KMB has equipped nearly 2,000 buses with solar systems by the end of 2024, representing half of its fleet[181] - The company has installed a total of 30,000 solar photovoltaic panels to support its renewable energy development plan[181] - KMB has installed 1,907 solar devices at over 1,500 bus stops as part of its solar bus stop initiative[181] Employee Welfare and Community Engagement - The group implemented a salary increase of 3.52% for all employees, with new bus drivers receiving a signing bonus of up to HKD 30,000[123] - The group emphasizes the importance of employee welfare, providing a supportive work environment and free vaccination services[123] - The "Love Bus Station Sign" initiative aims to assist elderly individuals with cognitive impairments, creating a safer waiting environment[119] - The company has initiated training programs for electric vehicle maintenance, contributing to the development of qualified personnel in the electric vehicle repair industry[120] Technological Advancements - KMB upgraded 2,500 buses to 5G technology, providing free 5G Wi-Fi services to passengers[182] - The electronic payment system "e度嘟" supports 16 different payment methods, making KMB the public transport operator with the most payment options in Hong Kong[183] - The App1933 has expanded its bus arrival time service to include other bus companies, enhancing passenger trip planning[186] Challenges and Risks - The group faces regulatory risks as most of its revenue comes from public bus services, with fare adjustments requiring government approval[146] - Fuel price fluctuations are a significant financial risk for the group, impacting its cost structure and overall financial stability[147] - The group recognizes the challenges posed by geopolitical tensions and fluctuating oil prices but remains determined to create value for citizens and shareholders[130] Future Development and Strategic Goals - The group aims to provide services in new development areas, anticipating the completion of 60,000 residential units in the next five years, which will add 500,000 housing units[124] - The group is committed to long-term development and maintaining core business growth to deliver sustainable returns to shareholders[113] - The group is focused on maintaining core business growth while exploring maximum development opportunities within controllable environments[125] - The group acknowledges the essential role of a quality transport network in developing Hong Kong as an international financial and innovation center[134]