Financial Performance - The company reported a consolidated profit of HK$XX million for FY2023, representing a YY% increase compared to FY2022[1]. - The Group's revenue for FY2023 increased by 13.8% to approximately HK$612.8 million from approximately HK$538.4 million in FY2022, primarily due to new projects contributing approximately HK$157.6 million[19]. - Basic earnings per share attributable to owners of the Company rose to approximately HK2.09 cents in FY2023 from approximately HK1.80 cents in FY2022[21]. - Profit attributable to owners of the Company increased by approximately HK$4.7 million or 16.4% to approximately HK$33.5 million for the year ended 31 March 2023[60]. - Revenue from public sector projects was approximately HK$389.8 million, accounting for 63.6% of total revenue, while private sector projects generated approximately HK$223.0 million, accounting for 36.4%[44]. Market and Growth Strategy - User data showed a growth of ZZ% in active users, reaching a total of AA million by the end of FY2023[1]. - The company provided a revenue guidance of HK$BB million for FY2024, indicating a projected growth of CC%[1]. - New product launches contributed to a revenue increase of DD%, with significant demand in the market[1]. - Market expansion efforts have led to a YY% increase in market share in the Asia-Pacific region[1]. - The Group secured 12 new contracts in FY2023 with a total original contract value of approximately HK$563.0 million, representing a 71.6% increase compared to approximately HK$328.1 million in FY2022[34]. Operational Efficiency and Investment - The company is investing HK$EE million in R&D for new technologies aimed at enhancing operational efficiency[1]. - The Group plans to strengthen its manpower to enhance market capabilities and cope with business development[22]. - The Group will continue to adopt a prudent approach in tender preparation, factoring in reasonable profit margins amid increasing competition and wage levels in the industry[36]. - The Group aims to diversify and broaden its revenue sources from various customers to maximize profits and enhance shareholder value[22]. Environmental and Social Governance (ESG) - The company has set a target to reduce carbon emissions by FF% over the next five years as part of its ESG initiatives[1]. - The company is committed to ensuring the health and safety of its workforce while maintaining operational continuity[108]. - The company has implemented multiple measures to maintain workplace hygiene, including regular disinfection and temperature screenings at construction sites[108]. Corporate Governance and Leadership - The company has a strong leadership team with diverse backgrounds in finance, project management, and digital media[133]. - The Board currently comprises three executive Directors, one non-executive Director, and three independent non-executive Directors, ensuring independent representation of more than one-third[169]. - The independent non-executive Directors confirmed their independence in accordance with Rule 3.13 of the Listing Rules, ensuring impartiality in the Board's decisions[187]. - The Company has fully complied with the CG Code for the year ended March 31, 2023[163]. - The Board monitors the Group's operational and financial performance, laying down strategies and overseeing their implementation[183]. Human Resources - The Group employed 1,467 employees as of March 31, 2023, an increase from 1,212 employees as of March 31, 2022[89]. - The management team emphasizes employee training and safety on-site, reflecting a commitment to operational excellence[154]. - The Company encourages Directors to participate in continuous professional development, with training courses covered by the Company[198]. Risk Management - The Group continues to maintain a prudent treasury policy to ensure strong liquidity for future growth opportunities[82]. - The potential adverse effects of COVID-19 could lead to labor shortages, increased construction costs, and disruptions in business operations if the situation persists[107]. - The ongoing COVID-19 pandemic poses risks to business operations, potentially affecting the number of new projects awarded[107].
天任集团(01429) - 2023 - 年度财报