Revenue Performance - The revenue for the year ended December 31, 2022, was approximately HKD 247.3 million, a decrease of about 24.1% compared to HKD 326.0 million in the previous year[5]. - The revenue for the medical device business was approximately HKD 8.4 million, a decrease of about 30.0% from HKD 12.0 million in the previous year[23]. Goodwill Impairment - The goodwill impairment loss for the environmental maintenance business was approximately HKD 91.7 million, based on the recoverable amount determined using the discounted cash flow method[13]. - The goodwill impairment loss for the property leasing business was approximately HKD 18.4 million, based on fair value less costs to sell[3]. Business Outlook - The expected revenue growth rates for the environmental maintenance business were adjusted to -43.2% and -9.4% for the first and second years, respectively, due to the impact of COVID-19[6]. - The management anticipates a gradual recovery in the environmental maintenance business starting from the fiscal year 2025[6]. - The valuation growth rates for the year 2022 were not applicable, while the growth rates for 2023 and 2024 were set at 50% and 30%, respectively, for the acquisition valuation[18]. - The valuation growth rates for the 2022 fiscal year were significantly impacted by the observed revenue decline, leading to higher growth rates in subsequent years[19]. Challenges Faced - The company faced challenges in acquiring new contracts during the fiscal year 2022 due to competitive pricing and reduced willingness to bid on new projects[6]. Valuation Methods - The company utilized the direct comparison method for valuing investment properties, supported by observable comparable sales data from the active real estate market in Beijing[3].
网誉科技(01483) - 2022 - 年度业绩