Financial Performance - The company reported a comprehensive income statement for the year 2021, detailing its financial performance[7]. - The company's net profit attributable to shareholders for 2021 was HKD 1.076 billion, representing a year-on-year growth of 5.2%[36]. - The total revenue for 2021 was HKD 9,486 million, an increase of approximately 6.3% compared to HKD 8,923 million in 2020[47]. - Profit attributable to shareholders for 2021 was HKD 1,076 million, up 5.2% from HKD 1,023 million in 2020[41]. - Basic earnings per share for 2021 were HKD 29.3, a 5.0% increase from HKD 27.9 in 2020[41]. - The total equity attributable to shareholders increased to HKD 10,095 million in 2021 from HKD 9,751 million in 2020[170]. - Profit before tax for 2021 was HKD 1,355 million, up from HKD 1,263 million in 2020, reflecting a growth of approximately 7.3%[171]. - The group’s profit for the year ended December 31, 2021, increased by 6.5% to HKD 1.107 billion, with profit attributable to shareholders rising by 5.2% to HKD 1.076 billion, and basic earnings per share growing by 5.0% to HKD 0.293[101]. Dividends - The total dividend per share for 2021 was HKD 0.225, reflecting a year-on-year increase of 7.1%[36]. - The final dividend for 2021 was HKD 17.0 per share, along with an interim dividend of HKD 5.5 per share, totaling HKD 22.5 per share for the year, an increase of 7.1%[47]. - The company maintained a dividend per share of HKD 22.5, an increase of 7.1% from HKD 21.0 last year[105]. Debt and Financial Health - As of December 31, 2021, the group's net debt was HKD 3.653 billion, a decrease of 16.0% compared to the previous year[36]. - Net debt decreased by 16.0% to HKD 3,653 million from HKD 4,349 million in 2020[41]. - The net debt to equity ratio improved to 27% in 2021 from 31% in 2020, a reduction of 4.0%[41]. - The group maintained a liquidity risk management policy, ensuring sufficient cash reserves and committed credit facilities to meet short-term and long-term funding needs[147]. - Total borrowings (excluding interest payable) amounted to HKD 5.377 billion, with HKD 431 million due within the next year[139]. Operational Highlights - The group operates in over 22 countries and regions, with a workforce of 2,500 employees and over 160 network nodes, connecting more than 600 global operators[2]. - The company has developed the world's first mobile data traffic trading platform, "DataMall Free Travel," and offers multi-number SIM card services[2]. - The group aims to provide comprehensive ICT services to multinational enterprises and local businesses, serving over 3,000 multinational companies and more than 40,000 local enterprises[2]. - The company focuses on digital transformation projects and smart solutions, positioning itself as a trusted advisor for government and enterprise clients[2]. - The group achieved ISO20000/ISO27001 certification, confirming its work system's reliability and quality at international standards[51]. Innovation and Technology - The company is focusing on technology research and development, including the introduction of AI and machine learning technologies[50]. - The company launched the Enterprise Information Service Platform (EEP) which supports SMS, multimedia, and social media applications[24]. - The group is actively developing smart applications and multi-cloud architecture in Macau, supporting the government's digital transformation initiatives[97]. - The company is committed to optimizing existing products and services while launching new solutions, including SASE security access services and private cloud solutions[96]. Market Position and Competition - Macau Telecom achieved a mobile market share of 45.6% and a 4G market share of 47.0% as of December 2021, maintaining its leading position in Macau[76]. - The telecommunications market in Hong Kong and China is becoming increasingly competitive, with new entrants and evolving technologies posing risks to the group's market share[165]. - The group is focusing on expanding its ICT business in Southeast Asia, successfully renewing a major ICT project in Singapore and starting operations in the Philippines[98]. Governance and Risk Management - The company has implemented governance practices to ensure compliance with the latest corporate governance trends and regulations[175]. - The company is committed to enhancing its risk management mechanisms to identify and assess risks at all levels[169]. - The board consists of three executive directors, three non-executive directors, and three independent non-executive directors, ensuring independence and objectivity[180]. - The company has arranged liability insurance for its directors and senior management[197]. Social Responsibility - The group provided free 4G data services to students in Macau during the pandemic, ensuring connectivity and support for their needs[58]. - The company is committed to maintaining pandemic prevention measures to ensure employee health and service stability[69].
中信国际电讯(01883) - 2021 - 年度财报