Financial Performance - Atlinks Group reported a slight decrease in revenue for the fiscal year ending December 31, 2023, at approximately €29.7 million, compared to €30.0 million in 2022[14]. - Total revenue for the year ended December 31, 2023, was approximately €29.73 million, a slight decrease of about 0.8% compared to €29.96 million in 2022[23]. - The company recorded a profit of approximately €105,000 for the year ended December 31, 2023, compared to a loss of approximately €890,000 in 2022[33]. - Employee costs for the year ended December 31, 2023, were approximately €3.9 million, an increase from about €3.6 million in 2022, reflecting a rise in headcount[39]. - As of December 31, 2023, the group's cash and cash equivalents were approximately €1.1 million, a decrease of about €1.4 million from approximately €2.5 million on December 31, 2022[40]. - The net capital debt ratio as of December 31, 2023, was approximately 57%, up from about 56% on December 31, 2022, primarily due to a decrease in bank borrowings and an increase in shareholder loans[41]. Sales Performance - Sales of home phones amounted to approximately €21.1 million, a decrease of about 4.5% compared to the previous year[18]. - Sales of elderly products decreased by approximately €0.2 million or 3.9% year-on-year[19]. - Office phone sales increased by approximately 33.0%, reaching about €3.6 million, primarily due to increased demand in Europe[20]. - Sales to France decreased by approximately 3.4% to about €13.9 million, accounting for 46.8% of total revenue[25]. - Sales to other European countries increased by approximately 31.7% to about €9.5 million, driven by sales growth in the UK and Spain[25]. - Sales to the Asia-Pacific and Middle East regions grew by approximately 28.9% to about €4.9 million[26]. - Sales to Latin America decreased significantly by approximately 69.3% to about €1.4 million, primarily due to reduced sales of home phones and senior products in Mexico[26]. Profitability and Cost Management - The gross profit margin improved significantly from approximately 26.6% in 2022 to about 31.7% in 2023, an increase of over 5%[15]. - Logistics costs decreased, contributing to improved profitability despite a decline in overall revenue[10]. - Gross profit margin improved from approximately 26.6% in 2022 to about 31.7% in 2023, mainly due to reduced material costs and favorable currency exchange rates[30]. Corporate Governance - The company is committed to maintaining high standards of corporate governance to protect shareholder interests and uphold business ethics[64]. - The board is responsible for implementing the corporate governance code as per GEM listing rules and reviewing compliance with the code[65]. - The company has adhered to the principles and applicable provisions of the corporate governance code for the year ending December 31, 2023[66]. - The board of directors consists of eight members, including four executive directors and four non-executive directors, with a focus on strategic development and stakeholder interests[69]. - The company has adopted the GEM Listing Rules as its own code of conduct for directors' securities trading, ensuring adherence to established trading standards[68]. - The company’s governance framework includes four committees: Risk Management, Audit, Remuneration, and Nomination, to enhance corporate governance efficiency[67]. Environmental, Social, and Governance (ESG) Performance - The report focuses on the environmental, social, and governance (ESG) performance of the group, particularly in the development and sales of communication products[131]. - The governance framework ensures that ESG matters align with strategic growth and integrates ESG into business operations[137]. - The board of directors is responsible for overseeing the group's ESG performance and risk management, with a dedicated ESG committee to evaluate significant issues and opportunities[139]. - A materiality assessment was conducted to identify key ESG issues based on stakeholder feedback and global sustainability agendas[146]. - The group has established various communication channels to engage with stakeholders, including annual general meetings and customer service hotlines[144]. - The company aims to transform identified ESG threats into opportunities as part of its sustainable development process[140]. Employee Management - The employee turnover rate for the fiscal year 2023 is 10%, down from 17% in 2022[184]. - The company has a total of 48 employees as of December 31, 2023, with a gender distribution of 50% male and 50% female[181]. - The employee retention rate has improved due to a strong people-oriented culture and effective employment practices[184]. - The company provides various paid leave options, including statutory holidays and maternity leave[178]. - The company has a flexible working hours policy to promote work-life balance among employees[177]. Customer Relations - The company provides a 2-year warranty to enhance customer satisfaction[198]. - Customer feedback has shifted from complaints to more praise and inquiries, reflecting improved service quality[199]. - The company has implemented a customer interface on its website for product or service inquiries[198]. - The company has established a service center for product repairs and refurbishments, contributing to quality improvements[198]. - The company maintains regular communication with customers through various channels, including email and social media, to gather feedback and ensure satisfaction[197].
ATLINKS(08043) - 2023 - 年度财报