Financial Performance - The company reported revenue of HKD 152,137 thousand for the fiscal year ending December 31, 2023, a decrease of 58.7% from HKD 368,160 thousand in 2022[2]. - Gross profit for the fiscal year 2023 was HKD 13,791 thousand, down 48.1% from HKD 26,569 thousand in the previous year[2]. - The net profit attributable to the owners of the company increased to HKD 6,615 thousand in 2023, compared to HKD 5,061 thousand in 2022, representing a growth of 30.7%[2][3]. - The total comprehensive income for the year was HKD 8,140 thousand, significantly higher than HKD 2,192 thousand in 2022, marking an increase of 270.5%[2][4]. - The company’s basic and diluted earnings per share for the year were HKD 25.14, up from HKD 21.60 in the previous year, reflecting a growth of 16.9%[5]. - Other income rose to HKD 7,638 thousand in 2023, compared to HKD 3,941 thousand in 2022, indicating an increase of 93.5%[2]. - The profit for the year was HKD 6,667 thousand, an increase of 0.8% from HKD 6,615 thousand[38]. - Basic and diluted earnings per share increased to HKD 25.36, up from HKD 25.14, reflecting a growth of 0.9%[50]. Revenue Breakdown - Revenue from the sale and distribution of IT products was HKD 133,004,000, down 62.8% from HKD 357,345,000 in the previous year[56]. - Revenue from maintenance and service support increased from approximately HKD 10,815,000 in 2022 to about HKD 19,133,000 in 2023, marking an increase of approximately 76.5%[149]. - Total revenue from external customers for the year ended December 31, 2022, was HKD 368,160,000, with sales from IT products contributing HKD 357,345,000 and maintenance services contributing HKD 10,815,000[106]. Assets and Liabilities - The company’s total assets decreased to HKD 163,374 thousand in 2023 from HKD 173,385 thousand in 2022, a decline of 5.8%[22]. - The company’s total liabilities included current liabilities of HKD 5,751 thousand and tax payable of HKD 720 thousand[9]. - The company’s total liabilities increased to HKD 13,701 thousand, up from HKD 13,341 thousand, representing a rise of 2.7%[30]. - The company's total equity decreased to HKD 159,684 thousand from HKD 160,044 thousand, a decline of 0.2%[30]. - The total accounts receivable for 2023 is HKD 37,105,000, compared to HKD 14,592,000 in 2022, reflecting an increase of approximately 154.5%[139]. - The company’s total liabilities decreased from HKD 5,751,000 in 2022 to HKD 4,367,000 in 2023, a reduction of about 24.0%[144]. Expenses and Cost Management - Research and development expenses decreased to HKD 846 thousand from HKD 1,265 thousand, a reduction of 33.1%[2]. - Administrative expenses decreased by approximately 8.9% to about HKD 13,265,000 from approximately HKD 14,559,000, attributed to improved operational efficiency and strict financial policies[186]. - Sales cost decreased by approximately 59.5% to about HKD 138,346,000 for the year ended December 31, 2023, from HKD 341,591,000 in 2022[167]. - The company’s depreciation expenses for property, plant, and equipment were HKD 1,197,000 in 2022, indicating asset utilization and maintenance costs[110]. Taxation - The current tax expense for 2023 is HKD 1,018,000, a decrease from HKD 3,236,000 in 2022[126]. - The company’s income tax expense for 2023 is HKD 987,000, significantly lower than HKD 3,281,000 in 2022, indicating a reduction of approximately 69.9%[127]. Market and Customer Insights - Hong Kong market contributed approximately 73.5% to total revenue for the year ended December 31, 2023, compared to 10.5% in 2022[151]. - Major customers contributing over 10% of total revenue included Customer A with HKD 76,210,000 in 2023, highlighting key client relationships[115]. Future Outlook and Strategic Initiatives - The company plans to allocate additional resources to further develop its repair and service support segment in the future[165]. - The company is actively exploring suitable investment opportunities in the "circular economy" sector to fulfill its commitment to sustainable development[165]. - The company anticipates that the application of new accounting standards will not have a significant impact on the consolidated financial statements in the future[43]. Dividend Policy - The company plans not to declare a final dividend for the year ending December 31, 2023, consistent with the previous year[138]. - The board proposed not to declare a final dividend for the fiscal year 2023, consistent with the previous year[189].
讯智海(08051) - 2023 - 年度业绩