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国际永胜集团(06663) - 2025 - 年度业绩
IWS GROUPIWS GROUP(HK:06663)2025-06-13 13:22

Financial Performance - Total revenue for the year ended March 31, 2025, was HKD 434,527,000, representing an increase of 8.1% from HKD 401,994,000 in 2024[2] - The net profit for the year was HKD 3,555,000, a decrease of 74.0% compared to HKD 13,658,000 in the previous year[3] - Basic earnings per share for 2025 was HKD 0.52, down from HKD 1.71 in 2024, reflecting a decline of 69.5%[3] - The company reported a total comprehensive income of HKD 3,555,000 for the year, down from HKD 13,658,000 in 2024, indicating a significant drop in overall performance[3] - The company reported a pre-tax profit of HKD 5,770,000 for the year ended March 31, 2025, down from HKD 17,065,000 in 2024, reflecting a decline of 66.1%[12] - Basic earnings attributable to the company's owners for 2025 were HKD 4,149,000, a decrease of 69.6% compared to HKD 13,663,000 in 2024[17] - Net profit and total comprehensive income decreased by approximately HKD 10.1 million or 74.0% to about HKD 3.6 million for the fiscal year ending March 31, 2025, with a net profit margin dropping from approximately 3.4% to 0.8%[37] Revenue Breakdown - The revenue from general security services was HKD 179,335,000, slightly down from HKD 180,240,000 in the previous year, representing a decrease of 0.5%[9] - The revenue from manpower support services increased significantly to HKD 217,862,000, up 10.8% from HKD 196,552,000 in 2024[9] - The security services segment generated revenue of approximately HKD 397.5 million, an increase of about HKD 20.5 million or 5.4% from approximately HKD 377.0 million in the previous year[27] - The facilities management services segment's revenue decreased by approximately HKD 0.2 million or 0.9% to about HKD 24.8 million for the year ending March 31, 2025, down from approximately HKD 25.0 million[28] - The security systems services segment generated revenue of approximately HKD 12.3 million for the year ending March 31, 2025, marking the company's entry into this segment[29] Assets and Liabilities - Total assets decreased to HKD 237,965,000 in 2025 from HKD 241,577,000 in 2024, a reduction of 1.3%[4] - Current liabilities increased to HKD 52,776,000 in 2025 from HKD 44,260,000 in 2024, an increase of 19.5%[4] - Non-current assets decreased significantly from HKD 2,402,000 in 2024 to HKD 1,344,000 in 2025, a decline of 44.2%[4] - The company’s total equity decreased to HKD 202,820,000 in 2025 from HKD 208,865,000 in 2024, a decrease of 2.9%[5] Expenses - Employee benefits expenses rose to HKD 393,926,000 in 2025 from HKD 360,680,000 in 2024, an increase of 9.2%[2] - The total operating expenses for 2025 were HKD 393,926,000, an increase of 9.2% from HKD 360,680,000 in 2024[14] - Other income decreased to HKD 914,000 in 2025 from HKD 2,039,000 in 2024, a decline of 55.2%[13] - The company incurred financing costs of HKD 847,000 in 2025, compared to HKD 199,000 in 2024, indicating a significant increase[14] - Sales and marketing expenses rose by approximately HKD 1.0 million or 47.2% to about HKD 3.0 million for the fiscal year ending March 31, 2025, primarily due to increased advertising and sponsorship expenses[32] - Other operating expenses increased by approximately HKD 1.7 million or 10.6% to about HKD 17.5 million for the fiscal year ending March 31, 2025, driven by higher legal and professional fees[34] Employee Information - As of March 31, 2025, the group had 2,655 employees, an increase from 2,631 employees as of March 31, 2024[51] - Employee costs, including director remuneration, amounted to approximately HKD 393.9 million for the year ending March 31, 2025, compared to HKD 360.7 million for the previous year, reflecting an increase of about 9%[51] - The company's accrued employee costs increased to HKD 42,646 thousand in 2025 from HKD 39,019 thousand in 2024, reflecting a rise of approximately 4.2%[22] Financial Position and Investments - The total borrowings of the group as of March 31, 2025, were approximately HKD 2.6 million, down from HKD 3.0 million as of March 31, 2024, with a debt-to-equity ratio of 1.3%[39] - The group has capital expenditures of approximately HKD 707,000 related to the acquisition of factories and equipment as of March 31, 2025, with no such expenditures reported in 2024[50] - The group plans to delay the use of unutilized proceeds for purchasing machinery and upgrading IT infrastructure by 12 months, now expected to be utilized by March 31, 2026[59] - The group has received net proceeds of approximately HKD 32.0 million from its GEM listing after deducting listing expenses[54] - The group has utilized approximately HKD 26.3 million of the net proceeds from its GEM listing as of March 31, 2025, leaving HKD 5.7 million unutilized[60] Corporate Governance - The board believes that sound corporate governance practices are essential for safeguarding shareholder interests and enhancing corporate value[84] - The company has adopted the principles and code provisions of the Corporate Governance Code as the basis for its corporate governance practices[85] - The audit committee has been established in accordance with the relevant listing rules and corporate governance codes, consisting of three independent non-executive directors[89] - The audit committee reviewed the consolidated financial statements for the year ending March 31, 2025, and confirmed compliance with applicable accounting standards and regulations[90] - The company confirmed compliance with the Corporate Governance Code during the fiscal year ending March 31, 2025[85] Shareholder Information - The company has a total of 800,000,000 shares issued as of March 31, 2025[66] - Major shareholders, including Mr. Ma Qiaosheng, Mr. Ma Qiaowu, and Mr. Ma Qiaowen, each hold 560,000,000 shares, representing 70.0% ownership[65] - The company is controlled by International Yongsheng BVI, which is owned 33.34% by Senye, a company fully owned by Mr. Ma Qiaosheng[68] - The shareholding structure reflects a high concentration of ownership among a few key individuals[65] - The board proposed a final dividend of HKD 0.3375 per ordinary share for the fiscal year ending March 31, 2025, compared to HKD 1.20 per share for the previous year[79] - The annual general meeting is scheduled for September 12, 2025, where shareholders will vote on the proposed final dividend[78] Future Plans and Strategies - The group aims to expand its customer base in China and overseas markets while implementing effective cost control measures to enhance economic efficiency and sustain long-term business growth[53] - The group plans to enhance its facility management service capabilities by purchasing machinery and equipment worth HKD 4.1 million, expected to be utilized by March 31, 2026[55] - The group aims to expand its security services business, improve operational efficiency, and selectively seek strategic acquisitions and investment opportunities[94] - The group has established a strategy to monitor uncertainties affecting business operations and adjust its business strategies accordingly[53] Miscellaneous - The company has implemented new accounting standards which did not have a significant impact on the financial position for the year[8] - There were no share buybacks or sales of listed securities by the company or its subsidiaries for the fiscal year ending March 31, 2025[82] - The company has maintained the required public float as per listing rules[88] - There were no known tax exemptions or reliefs provided to shareholders for holding the company's securities[77] - The company has disclosed no other directors or senior management with interests in the company's shares as of March 31, 2025[69] - The company will suspend share transfer registration from September 9 to September 12, 2025, to determine the eligibility of shareholders attending the annual general meeting[80] - A new subsidiary, IWS (Korea) Company Limited, was established in South Korea with a registered capital of 100,000,000 KRW (approximately HKD 560,000)[92] - The group plans to enhance its transparency and corporate image to capture opportunities in the Hong Kong security services and facility management market[94]