Financial Performance - Revenue for the six months ended June 30, 2022, was HKD 36,656,000, a decrease of 11.1% compared to HKD 41,159,000 in 2021[3] - Total profit for the period was HKD 296,628,000, representing an increase of 69.0% from HKD 175,439,000 in the previous year[3] - Basic and diluted earnings per share attributable to equity holders of the company were HKD 14.9, up from HKD 8.8 in 2021, reflecting a growth of 68.2%[3] - The company reported a net profit before tax of HKD 298,676,000, compared to HKD 177,617,000 in the same period last year, marking a 68.2% increase[3] - Other income/(loss) net amounted to HKD 19,745,000, a significant improvement from a loss of HKD 117,000 in 2021[3] - The total comprehensive income for the period was a loss of HKD 426,057,000, compared to a profit of HKD 99,360,000 in the previous year, indicating a substantial decline[6] - The company reported a loss attributable to equity holders of HKD (470,392) thousand for the six months ended June 30, 2022, compared to a profit of HKD 24,950 thousand in the same period of 2021[19] - The group recorded a consolidated profit attributable to shareholders of approximately HKD 297 million for the period, an increase from approximately HKD 176 million in 2021, primarily due to improved performance in hotel operations and fair value gains on financial assets[95] Assets and Liabilities - Non-current assets as of June 30, 2022, totaled HKD 10,937,032,000, down from HKD 11,327,657,000 at the end of 2021[9] - Current assets were reported at HKD 238,322,000, slightly down from HKD 242,585,000 as of December 31, 2021[9] - The company's total assets as of June 30, 2022, amounted to HKD 10,750,602 thousand, an increase from HKD 10,667,739 thousand at the end of 2021[19] - Total assets as of June 30, 2022, amounted to HKD 11,175,354 million, a decrease from HKD 11,570,242 million as of December 31, 2021[36] - The total liabilities increased to HKD 405,977 million from HKD 349,419 million, indicating a rise of approximately 16.2%[36] - The company's net asset value decreased to HKD 10,769,377,000 from HKD 11,220,823,000 at the end of 2021[12] - The company’s equity attributable to owners of the company decreased to HKD 10,769,377 thousand as of June 30, 2022, from HKD 10,687,756 thousand at the end of 2021, indicating a slight decline in equity[19] - The group’s equity attributable to shareholders decreased to approximately HKD 10,800,000,000, down from approximately HKD 11,200,000,000 in 2021[115] Cash Flow and Financing - The company reported a net cash flow used in operating activities of HKD (23,309) thousand for the six months ended June 30, 2022, compared to HKD (33,172) thousand in the same period of 2021, indicating an improvement of approximately 29%[19] - The total cash and cash equivalents increased by HKD 9,569 thousand to HKD 128,298 thousand as of June 30, 2022, compared to HKD 122,182 thousand at the end of the previous period[19] - The financing activities generated a net cash inflow of HKD 32,895 thousand in the first half of 2022, contrasting with a net cash outflow of HKD (3,089) thousand in the same period of 2021[19] - The company paid dividends of HKD 24,979 thousand during the six months ended June 30, 2022, down from HKD 34,970 thousand in the previous year, representing a decrease of approximately 29%[19] - The total amount of bank loans was HKD 334,333 thousand as of June 30, 2022, an increase from HKD 272,556 thousand at the end of 2021, indicating a rise of about 22.7%[60] Revenue Streams - For the six months ended June 30, 2022, total revenue was HKD 34,489 million, a slight decrease of 0.23% compared to HKD 34,569 million for the same period in 2021[34] - Revenue from property leasing increased to HKD 4,010 million, up from HKD 3,651 million, representing a growth of 9.8%[37] - The company recognized HKD 1,534 million in revenue from project management services, which was not present in the previous year's report[40] - Interest income for the period was HKD 30,479 million, down from HKD 30,918 million in the same period last year, reflecting a decrease of 1.42%[34] - The group’s investment property segment revenue was approximately HKD 34 million for the period, down from approximately HKD 35 million in 2021[96] Shareholder Information - The interim dividend declared was HKD 19,983 thousand, translating to HKD 0.01 per ordinary share, compared to no dividend declared in the same period of 2021[55] - The company holds 1,477,715,492 shares, representing approximately 73.95% of the issued shares[127] - Lippo Capital Limited indirectly owns 369,800,219 shares of the company, accounting for about 74.98% of its issued shares[128] - The company has a 65.48% stake in Auric Pacific Group Limited, with ownership of 80,618,551 shares[136] - The total equity held by the directors and related parties in the company is significant, with Dr. Li owning a substantial portion[126] Corporate Governance - The company is committed to high-quality corporate governance practices to enhance shareholder value[170] - The audit committee consists of three independent non-executive directors and one non-executive director[171] - The company has adopted a standard code for securities trading by directors[172]
香港华人有限公司(00655) - 2022 - 中期财报