Financial Performance - For the six months ended September 30, 2022, the revenue was HK$236,071,000, a decrease of 2.4% compared to HK$242,224,000 in the same period of 2021[18]. - Gross profit for the period was HK$41,081,000, representing an increase of 6.5% from HK$38,695,000 in the previous year[18]. - Profit before income tax increased to HK$18,607,000, up 43.7% from HK$12,951,000 in the same period last year[18]. - The profit for the period attributable to owners of the Company was HK$14,975,000, a significant increase of 43.3% compared to HK$10,416,000 in 2021[18]. - Basic and diluted earnings per share were both HK2.50 cents, compared to HK1.74 cents in the previous year, reflecting a growth of 43.7%[18]. - The Group's other income and gains amounted to HK$2,513,000, compared to HK$544,000 in the same period of 2021, indicating a substantial increase[18]. - General operating expenses for the period were HK$24,932,000, an increase from HK$26,230,000 in the previous year, showing improved cost management[18]. - The income tax expense for the period was HK$3,632,000, compared to HK$2,535,000 in the same period last year, reflecting a higher tax burden due to increased profits[18]. - The Group's financial costs were minimal at HK$55, consistent with the previous year's HK$58[18]. Assets and Liabilities - As of September 30, 2022, total assets amounted to HK$232,620,000, an increase from HK$226,449,000 as of March 31, 2022, reflecting a growth of approximately 1.2%[20]. - Cash and cash equivalents increased to HK$134,542,000 from HK$117,213,000, representing a growth of about 14.5%[27]. - Net current assets as of September 30, 2022, were HK$179,258,000, up from HK$170,980,000 as of March 31, 2022, showing an increase of about 4.3%[20]. - Total equity increased to HK$201,515,000 as of September 30, 2022, from HK$195,378,000 as of March 31, 2022, reflecting a growth of approximately 3.6%[20]. - Current liabilities decreased to HK$53,362,000 from HK$55,469,000, indicating a reduction of approximately 3.8%[20]. - The total assets of the Group as of September 30, 2022, amounted to HK$268,031,000, an increase from HK$264,233,000 as of March 31, 2022[53]. - The total liabilities of the Group as of September 30, 2022, were HK$66,516,000, a decrease from HK$68,855,000 as of March 31, 2022[53]. Cash Flow - Net cash generated from operating activities for the six months ended September 30, 2022, was HK$27,714,000, compared to HK$30,998,000 for the same period in 2021, indicating a decrease of approximately 7.4%[27]. - The company reported a net increase in cash and cash equivalents of HK$17,329,000 for the six months ended September 30, 2022, compared to a decrease of HK$10,399,000 in the same period of 2021[27]. Segment Performance - For the six months ended September 30, 2022, the Group's revenue from environmental hygiene and related services was HK$236,071,000, a decrease of 2.4% compared to HK$242,224,000 for the same period in 2021[57]. - The segment results for environmental hygiene and related services were HK$24,345,000 for the six months ended September 30, 2022, compared to HK$18,595,000 for the same period in 2021, reflecting an increase of 30%[45]. Shareholder Information - As of September 30, 2022, Ng Sing Mui holds a long position of 432,000,000 shares, representing approximately 72% interest in the company[183]. - Sze Tan Nei and Sze Wai Lun, both beneficiaries of a discretionary trust, also hold 432,000,000 shares each, equating to a 72% interest in the company[183]. - All 432,000,000 shares are beneficially owned by Sze's Holdings Limited, which is controlled by Rich Cheer Development Limited as the trustee of the Sze Family Trust[191]. - The Sze Family Trust was established by Ng Sing Mui on January 8, 2015, with beneficiaries including Sze Tan Nei and Sze Wai Lun[191]. - The company has a significant concentration of ownership, with the top three shareholders collectively holding 72% of the shares[183]. Dividends - The final dividend for the year ended March 31, 2022, was HK$8,838,000, translating to HK1.473 cents per ordinary share, a decrease from HK$35,400,000 or HK5.9 cents per share in 2021[72]. - The Group did not declare any interim dividend for the period[169]. Operational Efficiency - The Group has adopted new information technology and robotic applications to enhance efficiency and work safety[119]. - The demand for environmental hygiene services is expected to rise in the medium and long term due to urban development and increased public hygiene awareness[119]. Employee Information - The Group had 1,707 employees as of September 30, 2022, with total staff costs decreasing by approximately 3.8% to approximately HK$143.8 million[146]. - The total employee cost and related expenses amounted to approximately HK$143.8 million, a decrease of about 3.8% compared to HK$149.5 million for the six months ended September 30, 2021[151].
永顺控股香港(06812) - 2023 - 中期财报