天安(00028) - 2023 - 中期财报

Financial Performance - Revenue for the six months ended June 30, 2023, increased to HK$1,129,178,000, up from HK$912,475,000 in the same period of 2022, representing a growth of 24%[69] - Gross profit for the period was HK$410,280,000, compared to HK$529,741,000 in the previous year, indicating a decrease of 22.5%[69] - Profit before tax rose to HK$693,446,000, up from HK$507,003,000, reflecting an increase of 37%[69] - Profit for the period was HK$581,231,000, compared to HK$390,101,000 in the prior year, marking a growth of 49%[69] - The profit for the period attributable to owners of the Company was HK$581,231,000, compared to HK$390,101,000 in the previous year, representing an increase of approximately 49%[85] - Basic earnings per share increased to HK$39.37 from HK$28.66, reflecting a growth of about 37% year-on-year[74] Expenses and Costs - Administrative expenses increased to HK$158,100,000 from HK$130,882,000, representing a rise of 20.8%[69] - Marketing and distribution expenses were HK$67,826,000, up from HK$42,041,000, reflecting a rise of 61.5%[69] - The cost of inventories recognized as expenses for the six months ended June 30, 2023, was HK$554,914,000, significantly higher than HK$230,175,000 in the same period of 2022[191] Assets and Liabilities - As of June 30, 2023, non-current assets totaled HK$31,150,888, a slight decrease from HK$31,410,056 as of December 31, 2022, representing a decline of approximately 0.82%[101] - Current liabilities amounted to HK$14,797,605, an increase from HK$13,935,306 as of December 31, 2022, reflecting a rise of about 6.19%[106] - Total equity attributable to owners of the Company decreased to HK$26,290,145 from HK$26,882,419, indicating a decline of approximately 2.20%[106] - The net current assets stood at HK$3,506,343, down from HK$3,902,885, indicating a decrease of about 10.12%[106] - Total assets less current liabilities decreased to HK$34,657,231 from HK$35,312,941, a decline of about 1.85%[106] Cash Flow - Cash and cash equivalents increased to HK$6,779,342 from HK$5,158,505, marking a significant rise of about 31.36%[106] - For the six months ended June 30, 2023, the net cash from operating activities was approximately HK$992.8 million, a significant increase from HK$284.0 million in the same period of 2022, representing a growth of 249%[128] - The net cash from financing activities for the six months ended June 30, 2023, was HK$1,133.06 million, compared to a net cash outflow of HK$1,200.58 million in the same period of 2022[136] - The Group reported a net increase in cash and cash equivalents of HK$1,897.98 million for the six months ended June 30, 2023, compared to a decrease of HK$764.33 million in the prior year[136] Investments and Acquisitions - The company completed an acquisition of a property in Hong Kong for a total payment of HK$1,000,000,003 on July 5, 2023[176] - The Group entered into two sale and purchase agreements during the six months ended June 30, 2023, to acquire a property in Hong Kong and to dispose of certain non-core properties[131] - The Group acquired additional shares of China Medical & HealthCare Group Limited for approximately HK$234.75 million, increasing its stake to about 33.03%[132] Future Outlook - The company has plans for market expansion and new product development to enhance future growth prospects[68] - Future outlook remains positive with ongoing developments in new products and technologies aimed at enhancing market competitiveness[85] - The company has not disclosed any new product launches or technological advancements during this reporting period[163] - Future outlook remains focused on property development and investment in the PRC and Hong Kong markets[163] Shareholder Information - The total number of issued shares held by substantial shareholders includes 99,420,400 shares (6.78%) held by SKK Special Situation Fund and 102,809,400 shares (7.01%) held by Argyle Street Management Limited[72] - The substantial shareholders collectively control approximately 74.99% of the total issued shares of AGL, indicating strong ownership concentration[89] Other Financial Metrics - The Company reported an exchange difference loss of HK$518,317,000 due to currency translation, compared to a loss of HK$590,379,000 in the previous year[85] - The total tax charge for the six months ended June 30, 2023, was HK$112,215,000, a decrease from HK$116,902,000 in the same period of 2022[186] - Interest income from bank deposits for the six months ended June 30, 2023, was HK$47,723,000, compared to HK$14,529,000 in 2022[178]