Financial Performance - The total revenue for the year ended December 31, 2021, was HKD 253,839,000, representing an increase from HKD 247,671,000 in the previous year[4] - The cost of goods sold for the same period was HKD 198,290,000, up from HKD 193,348,000, indicating a rise in operational costs[4] - The company maintained its overall performance figures as disclosed in the unaudited and audited annual results announcements[8] Assets and Liabilities - The total non-current assets amounted to HKD 895,932,000, reflecting an increase from the previous year's figure[5] - The total current liabilities were reported at HKD 103,935,000, showing a slight increase compared to the previous year[5] Tax and Provisions - The company recognized a deferred tax impact of approximately HKD 6,260,000 due to a reduction in government grants[6] - The expected credit loss provision for other receivables was approximately HKD 2,250,000, affecting the income tax[6] Currency Impact - The average exchange rate for RMB to HKD was updated from 1.23 to 1.20, impacting the financial statements[5] Governance - The board of directors includes a mix of executive and independent non-executive members, ensuring diverse governance[9] Investment Focus - The company is focused on enhancing its investment properties, which accounted for a significant portion of its non-current assets[5]
中国通商集团(01719) - 2021 Q4 - 年度财报