Financial Performance - The group's net profit attributable to shareholders for the year ended December 31, 2022, was HKD 5 million, a decrease of HKD 29 million or 85% compared to HKD 34 million in the previous year[5]. - Total sales revenue for Citistore decreased by 5% year-on-year, with self-operated product sales dropping 9% to HKD 359 million, maintaining a gross margin of 31%[11]. - The overall same-store sales for APITA and UNY decreased by 10% and 6% respectively, while Unicorn's total sales increased by 4% year-on-year[16]. - The group recorded a post-tax loss of HKD 63 million for Unicorn, compared to a loss of HKD 34 million in the previous year[17]. - The group's market capitalization as of December 31, 2022, was HKD 132 billion, with the total market capitalization of the six listed companies under the group at HKD 295 billion[4]. Operational Metrics - Commission income from consignment counters decreased by 3% to HKD 340 million, with consignment counters contributing HKD 242 million and franchise counters contributing HKD 98 million[13]. - Rental and related expenses amounted to HKD 46 million for the year ended December 31, 2022, a decrease of 4.17% from HKD 48 million in 2021[36]. - Depreciation expense for right-of-use assets was HKD 115 million, up 7.48% from HKD 107 million in the previous year[36]. - Financing costs for lease liabilities increased to HKD 31 million, a significant rise of 181.82% compared to HKD 11 million in 2021[36]. - Cash and bank balances decreased by HKD 100 million (or 27.78%) to HKD 260 million as of December 31, 2022, from HKD 360 million in 2021[38]. Sustainability and Environmental Impact - Total greenhouse gas emissions decreased from 14,327.4 tons CO2 equivalent in 2021 to 8,848.8 tons CO2 equivalent in 2022, a reduction of approximately 38.2%[87]. - The density of greenhouse gas emissions per square foot of store area improved from 0.023 tons CO2 equivalent in 2021 to 0.015 tons CO2 equivalent in 2022, reflecting a 34.8% decrease[87]. - The number of plastic shopping bags used increased to 6,954,889 in 2022 from 6,423,327 in 2021, marking an increase of approximately 8.3%[87]. - The total amount of cardboard recycled was 234,723 kg in 2022, down from 319,017 kg in 2021[87]. - Total energy consumption decreased from 23,740.5 thousand kWh in 2021 to 19,821.6 thousand kWh in 2022, a reduction of approximately 16.1%[87]. Employee Engagement and Development - The number of full-time employees decreased from 1,134 in 2021 to 1,039 in 2022, a decline of approximately 8.4%[87]. - The company has a comprehensive training program for employees, including skill enhancement courses for different levels of management[103]. - The company reported a training participation rate exceeding 100% due to employee turnover, indicating a strong focus on employee development[106]. - Employee turnover rate for males decreased to 34% from 46% and for females increased to 36% from 32%[133]. - The company has organized team-building activities and monthly events to boost employee morale, with participation rates of 50% for annual celebrations and 40% for mid-autumn and Christmas parties[100]. Corporate Governance - The company has adhered to the corporate governance code as per the Hong Kong Stock Exchange regulations[126]. - The board provides monthly reports containing financial data and summaries of important events and business outlooks to ensure informed decision-making[147]. - The company is committed to complying with all applicable rules and regulations, ensuring good corporate governance practices[154]. - The board has mechanisms in place to ensure independent viewpoints are obtained during decision-making processes[161]. - The company has implemented anti-corruption training for directors and employees to prevent bribery and fraud[30]. Community Engagement - The company emphasizes the importance of community engagement to understand local needs and ensure business activities consider community interests[31]. - The company donated approximately HKD 70,000 to the Green Power initiative and collected 591 kg of red packets for recycling[110]. - The company has provided 96 hours of volunteer service to support local retail systems[110]. - The company has been recognized for its community engagement and sustainability efforts, receiving the Caring Company logo for the 2021/2022 period[85]. - The company actively engages with stakeholders to understand their expectations regarding environmental, social, and governance strategies[44].
恒基发展(00097) - 2022 - 年度财报