Financial Performance - The company reported a PATMI of SGD 27.9 million for the fiscal year 2022, reflecting a 33% increase in shareholder profit over five consecutive years[8]. - Revenue for the fiscal year 2022 reached SGD 370.8 million, with a cash growth from operations of over 165%[21]. - The company's revenue for the fiscal year 2022 was 370,779 thousand SGD, a decrease from 440,136 thousand SGD in 2019[51]. - Gross profit for 2022 was 105,888 thousand SGD, down from 120,384 thousand SGD in 2019[51]. - The profit attributable to equity holders of the company (PATMI) was 14,620 thousand SGD in 2022, compared to 25,485 thousand SGD in 2019[51]. - The company reported a revenue of 440,136 thousand SGD for the fiscal year 2021, showing a growth compared to 370,779 thousand SGD in 2020[109]. - Revenue for the fiscal year 2022 reached $1.2 billion, representing a 15% increase compared to the previous year[131]. Market and Growth Opportunities - The potential market for industrial automation in Asia is estimated to exceed USD 620 billion, highlighting significant growth opportunities[21]. - The company has seen a continuous increase in its market strength, supported by government initiatives for advanced automation in China[32]. - The company anticipates a historical year in 2023 as its hydropower stations begin to provide returns to investors[31]. - The company plans to expand its market presence by entering three new countries by the end of 2023, aiming for a 10% increase in overall market share[130]. - New product launches are expected to contribute an additional $200 million in revenue in the next fiscal year, with a focus on sustainable technology[128]. Sustainable Development and Environmental Commitment - The company emphasizes its commitment to sustainable development and aims to create shareholder value through clean energy initiatives[37]. - The company is committed to building a sustainable industrial future in Asia and has developed a range of renewable energy solutions[85]. - The company aims to leverage its proprietary clean industry solutions and clean energy product portfolio to contribute to sustainable development in Asia[108]. - The company has implemented measures to achieve carbon neutrality by 2060, including energy consumption monitoring and waste management strategies[164]. - The company has set a goal to reduce water consumption by 20% over the next three years, implementing rainwater harvesting systems[130]. - A total of 50 tons of scrap metal were recycled in the fiscal year 2022, highlighting the company's commitment to sustainability[143]. - The company aims to reduce fossil fuel consumption intensity by 10% by 2030, using the fiscal year 2021 as the baseline[188]. - The company achieved a 71% reduction in water consumption following the completion of projects in Vietnam in the fiscal year 2021[188]. Hydropower Investments - The company is actively involved in the construction of three hydropower stations in Indonesia, with the first one commencing commercial operations on December 31, 2022[37]. - The company expects the Laobin 1 hydropower station to generate an annual recurring net profit of 2.0 million SGD and recurring cash net profit of 2.9 million SGD for shareholders[62]. - The company anticipates a 27.0% return on investment from the Laobin 1 hydropower station, contributing to a 13.4% increase in net profit and a 19.7% increase in cash profit for shareholders[56]. - The company has seen a clear commercial value in hydropower investments, with the Laobin 1 hydropower station operational since December 2022[56]. - The company is focused on completing the commercial operations of the Xisila and Angochi hydropower stations, with potential to unlock equity value for shareholders[113]. - The company has invested in a 168 MW small hydropower station in Indonesia, promoting green energy solutions[130]. Employee and Workforce Development - The company has over 1,124 employees, with more than 33% being engineers, indicating a strong focus on technical expertise[21]. - The total employee count is 1,124, with 755 male and 369 female employees[194]. - The overall new employee rate is 19.0%, with a new employee rate of 67.9% for males aged 18-25 and 84.2% for females in the same age group[197]. - The company aims to increase employee training hours by 5% annually, enhancing workforce skills and productivity[130]. Operational Efficiency and Cost Management - Despite cyclical industry challenges, the company maintained strong discipline in operational costs and achieved a growing gross margin[111]. - The company has expanded its capabilities to include complete system engineering and production, integrating hardware, software, networks, and intelligence[82]. - The company's industrial automation business in Southeast Asia has achieved long-term growth despite cyclical impacts in 2022[101]. - The company has implemented measures to monitor and control natural resource emissions and consumption, focusing on energy use and GHG emissions[185]. - The company is committed to promoting a "paperless office" strategy through training and digital technology[188]. - The company has adjusted its packaging material usage recording methods to accurately measure the weight of each type of packaging material[188]. - The company has set short-term goals to further reduce overall water consumption and improve measurement and data collection practices[188]. User Engagement and Market Presence - The company reported a significant increase in user engagement, with a 25% year-over-year growth in active users for Q1 2022[123].
亿仕登控股(01656) - 2022 - 年度财报