Financial Performance - The group recorded revenue of approximately HKD 322.4 million for the three months ended March 31, 2023, representing a growth of 10.0% compared to the same period last year[2] - Gross profit for the same period was approximately HKD 201.6 million, an increase of 17.7% year-on-year[2] - Operating profit reached approximately HKD 181.4 million, reflecting a growth of 14.5% compared to the previous year[2] - Basic earnings per share for the period were HKD 0.0152, up by HKD 0.0003 from the same period last year[2] Asset and Liability Management - Total assets as of March 31, 2023, amounted to HKD 14.38 billion, a 5.3% increase from HKD 13.66 billion as of December 31, 2022[4] - Net assets increased to HKD 10.64 billion, up 6.2% from HKD 10.02 billion at the end of 2022[4] - The asset-liability ratio for the first quarter of 2023 was 26.0%, down 0.6% from 26.6% at the end of 2022[7] - The debt-to-equity ratio was 10.3%, a decrease of 0.2% from 10.5% at the end of 2022[9] Project Development and Acquisitions - The group successfully signed contracts for key projects in Beijing and Gansu, expanding its asset management scale[12] - The group completed multiple real estate acquisitions in Beijing and Chongqing, providing project reserves for public REITs products[12] Market Outlook and Investment - The group is optimistic about the prospects and returns of the Chinese public REITs market, having fully invested in three public REITs launched in Q1 2023, contributing stable and sustainable income[13] Operational Highlights - Parking asset operations showed significant recovery, with airport parking revenue increasing by 32% during the New Year holiday compared to the same period last year, and traffic at transportation hub projects serving approximately 1 million vehicles during the Spring Festival[14] - The Shougang Park - Liugonghui project in Beijing saw a peak of nearly 120,000 visitors during the New Year holiday, representing a more than 400% increase in foot traffic compared to the previous week[14] Strategic Goals - The group plans to continue serving local governments and large enterprises, enhancing asset efficiency and value realization through lean services, technological innovation, and value restructuring[14] - The board expresses gratitude to shareholders and potential investors for their trust and support, aiming to become a leading infrastructure asset service provider in China[16] Cautionary Note - The company emphasizes caution regarding financial data, noting that figures are based on internal records and have not been independently audited, advising shareholders to be careful in their reliance on such data[15]
首程控股(00697) - 2023 Q1 - 季度业绩