Financial Performance - The company recorded revenue of approximately HKD 293.18 million for the three months ended March 31, 2022, representing an increase of 81.1% compared to the same period last year[2] - Gross profit for the same period was approximately HKD 171.33 million, reflecting a significant increase of 325.8% year-on-year[2] - Operating profit reached approximately HKD 158.45 million, a remarkable increase of 2,670.1% compared to the previous year[2] - The basic earnings per share for the period was HKD 1.49, a substantial increase from a loss of HKD 0.3219 per share in the same period last year[2] Asset and Cash Position - The total assets as of March 31, 2022, amounted to HKD 13.88 billion, a 3.7% increase from HKD 13.38 billion as of December 31, 2021[4] - The net asset value increased to HKD 10.59 billion, up 3.5% from HKD 10.23 billion at the end of the previous year[4] - The company’s cash and bank balances rose by 56.2% to HKD 4.02 billion compared to HKD 2.57 billion in the previous year[4] Business Segments - The parking and travel business generated revenue of approximately HKD 146.28 million, a 40.4% increase year-on-year[6] - The infrastructure real estate fund management business recorded revenue of approximately HKD 147 million for the three months ending March 31, 2022, representing a growth of 171.0% year-on-year[8] - Management fee income for the first quarter of 2022 was approximately HKD 46 million, alongside investment income of about HKD 100 million from the infrastructure real estate fund management segment[8] Strategic Initiatives - The company successfully won multiple project bids in the Beijing-Tianjin-Hebei region, including several parking projects in Beijing[7] - The company continues to invest in technological innovations in parking services, including the establishment of photovoltaic power stations and strategic partnerships with charging service providers[7] - The company has strategically increased its investment in leading domestic autonomous driving company, Haomo Technology Co., Ltd., participating in its Series A financing round[8] - The company has secured significant strategic allocation quotas for upcoming publicly offered REITs projects, reinforcing its leading position in the infrastructure public REITs sector[8] - The infrastructure real estate fund management business is a key driver for the company to integrate industrial operations and asset management, accelerating the creation of a commercial closed loop[8]
首程控股(00697) - 2022 Q1 - 季度财报