美丽华酒店(00071) - 2022 - 年度业绩

Financial Performance - The group's revenue increased by 10.8% to HKD 1.382 billion (2021: HKD 1.247 billion) [2] - Shareholders' profit attributable to shareholders was approximately HKD 480 million (2021: HKD 330 million), representing a year-on-year increase of 45.5% [2] - Basic profit attributable to shareholders rose by 23.6% to HKD 523 million (2021: HKD 423 million) [2] - The total profit for the year 2022 was HKD 488,540,000, an increase of 45.5% compared to HKD 335,653,000 in 2021 [20] - The total comprehensive income for the year was HKD 403,657,000, up from HKD 375,690,000 in 2021, representing a growth of 7.4% [20] - The company reported a net profit before tax of HKD 580,191,000, up from HKD 422,759,000 in 2021, reflecting a growth of approximately 37.3% [30] - The effective tax rate for the year was 16.5%, consistent with the previous year, with total tax expenses amounting to HKD 91,651,000 [36] Earnings and Dividends - Basic earnings per share were HKD 0.69 (2021: HKD 0.48) and HKD 0.76 (2021: HKD 0.61) [2] - Total dividends declared for the year amounted to HKD 345 million, including a final dividend of HKD 200 million [19] - The proposed final dividend is HKD 0.29 per share, with a total annual dividend of HKD 0.50 per share [5] - The company declared an interim dividend of HKD 0.21 per share, an increase from HKD 0.20 per share in 2021, totaling HKD 145,102,000 [36] - The basic earnings per share for the year 2022 was HKD 0.76, an increase from HKD 0.61 in 2021, representing a growth of approximately 24.6% [42] Revenue Breakdown - The hotel and serviced apartment business generated total revenue of HKD 318 million, with EBITDA of HKD 18 million [10] - Room revenue for the hotel and serviced apartment business reached HKD 160 million, a significant increase of 35% compared to last year [10] - Restaurant business revenue for the year was HKD 173 million, with an EBITDA loss of HKD 1.9 million, compared to revenue of HKD 133 million and an EBITDA loss of HKD 1.08 million in the previous year [13] - Travel business revenue increased by 572.2% to HKD 91 million, with an EBITDA loss of HKD 13 million, compared to a revenue of HKD 13.5 million and an EBITDA loss of HKD 23.3 million in the previous year [14] - The company's revenue from Hong Kong was HKD 1,316,599,000, an increase from HKD 1,178,953,000 in 2021, representing a growth of approximately 11.7% [34] Assets and Liabilities - Non-current assets totaled HKD 15,464,781,000, slightly decreasing from HKD 15,477,975,000 in 2021 [21] - Current assets increased to HKD 5,780,229,000 from HKD 5,604,062,000, reflecting a growth of 3.1% [21] - The net current asset value was HKD 5,154,817,000, compared to HKD 5,077,172,000 in 2021, indicating an increase of 1.5% [22] - Total assets less current liabilities amounted to HKD 20,619,598,000, a slight increase from HKD 20,555,147,000 in 2021 [22] - The company's equity attributable to shareholders was HKD 19,966,164,000, up from HKD 19,881,690,000 in 2021, showing a growth of 0.4% [22] Investment Properties and Fair Value - The fair value of investment properties decreased by HKD 23 million during the year, with a total fair value of HKD 15.2 billion as of December 31, 2022 [12] - The fair value of investment properties decreased by HKD 23,159,000 in 2022, a significant reduction compared to a decrease of HKD 112,143,000 in 2021 [43] - The company reported a fair value change of HKD (6,898,000) for equity securities measured at fair value through other comprehensive income [20] Operational Highlights - The number of visitors to Hong Kong increased to 600,000 in 2022, recovering from 90,000 in 2021 [10] - The occupancy rate for The Mira Hong Kong increased by 28% due to various promotional activities targeting local travelers [10] - Total operating costs rose by 4.1% to HKD 170 million, while the increase in operating expenses was lower than the revenue growth [15] Cash and Financing - As of December 31, 2022, the group had a total cash balance of HKD 5.4 billion, with no loans outstanding [16] - The financing costs amounted to HKD 604,324,000, a decrease from HKD 514,848,000 in the previous year, showing a reduction of about 17.4% [30] Corporate Governance and Meetings - The company will hold its 2023 Annual General Meeting on June 8, 2023, with a notice expected to be published on April 26, 2023 [53] - The proposed final dividend is expected to be distributed to shareholders on July 11, 2023, if approved at the Annual General Meeting [55] - The audit committee reviewed the group's financial performance for the year ended December 31, 2022, discussing matters related to auditing, internal controls, and financial reporting [58] - The company has adopted the "Standard Code for Securities Transactions by Directors" as per the listing rules, confirming all directors complied with the standards during the year ended December 31, 2022 [60] Employee and Training Initiatives - The group had a total of 1,171 full-time employees as of December 31, 2022, with 1,143 in Hong Kong, 22 in China, and 6 overseas [55] - The group has continuously invested in employee training and development, receiving awards for its commitment to human resources training and lifelong learning since 2011 [56]