Financial Performance - Total service revenue for 2022 was HKD 12,422,558, an increase from HKD 10,030,017 in 2021, representing a growth of approximately 23.9%[3] - Gross profit for 2022 reached HKD 980,900, up from HKD 739,603 in 2021, indicating a growth of about 32.6%[3] - Profit before tax increased to HKD 551,470 in 2022, compared to HKD 376,855 in 2021, reflecting a growth of approximately 46.2%[3] - Net profit for the year was HKD 429,166, a significant increase from HKD 291,891 in 2021, representing a growth of around 47.0%[3] - Basic earnings per share rose to HKD 0.35 in 2022, compared to HKD 0.237 in 2021, marking an increase of approximately 47.5%[3] - The total revenue for the year ended December 31, 2022, was HKD 12,422,558,000, compared to HKD 12,220,379,000 in 2021, reflecting an increase of approximately 1.65%[29] - The pre-tax profit for the year was HKD 551,470,000, showing a decrease from the previous year due to various factors including a reduction in investment income[28] - The total comprehensive income for the year was HKD 392 million, compared to HKD 304 million in 2021, representing an increase of approximately 28.8%[62] Equity and Liabilities - Total equity attributable to owners of the company increased to HKD 2,092,919 in 2022 from HKD 1,765,906 in 2021, a growth of about 18.5%[5] - The total liabilities increased to HKD 2,213,047 in 2022 from HKD 1,886,637 in 2021, reflecting an increase of approximately 17.3%[5] - The total liabilities decreased slightly to HKD 5,107,486,000 from HKD 5,239,555,000, reflecting improved financial management[29] - The capital debt ratio decreased to 15% as of December 31, 2022, down from 45% in 2021, indicating improved financial stability[51] - The total interest-bearing borrowings as of December 31, 2022, were HKD 313 million, a reduction from HKD 810 million in 2021, showing a decrease of approximately 61.3%[50] - The company reported total liabilities of HKD 3,988,095,000, with a significant portion due within one year[80] Dividends - The company proposed a final dividend of HKD 0.105 per share, up from HKD 0.06 per share in 2021, indicating a 75% increase in dividend payout[20] - Proposed final dividend is subject to shareholder approval at the upcoming annual general meeting, with a record date set for June 1, 2023[81] - The proposed final dividend for the year ended December 31, 2022, is HKD 0.105 per share, totaling approximately HKD 130,397,000, compared to HKD 0.06 per share and approximately HKD 74,513,000 for the year 2021[99] Expenses and Income - The company reported a decrease in administrative expenses to HKD 436,671 in 2022 from HKD 392,586 in 2021, a reduction of about 11.2%[3] - Investment and other income decreased to HKD 68,948 in 2022 from HKD 98,432 in 2021, representing a decline of approximately 30.0%[3] - The company’s investment income included dividends from financial assets at fair value through profit or loss, totaling HKD 877,000, down from HKD 2,321,000 in 2021[30] - The company’s financial costs amounted to HKD 17,061,000, which is a critical factor in the overall profit margin[28] - Financial costs decreased to HKD 17,061,000 in 2022 from HKD 19,014,000 in 2021, primarily due to lower bank borrowing costs[97] Assets and Receivables - Current assets increased to HKD 2,391,000,000 as of December 31, 2022, up from HKD 2,155,000,000 in 2021, with cash and bank balances rising to HKD 2,037,000,000 from HKD 1,755,000,000[39] - The company reported a significant increase in inventory, which rose to HKD 114,502,000 from HKD 36,426,000, indicating a strategic buildup of stock[29] - Trade receivables aged 0 to 60 days amounted to HKD 368,254,000 in 2022, slightly up from HKD 362,900,000 in 2021[101] - Trade receivables aged over 90 days were HKD 16,187,000 in 2022, compared to HKD 16,356,000 in 2021, indicating a slight decrease[101] - Other receivables remained stable at HKD 196,474,000 in 2022, compared to HKD 196,407,000 in 2021[101] - The company reported a total of HKD 705,039,000 in receivables for 2022, an increase from HKD 682,385,000 in 2021[101] Employment and Future Outlook - The group employed 3,390 staff with a total remuneration of approximately HKD 1,560 million for the year ended December 31, 2022[48] - The company anticipates a cautious optimism for achieving breakeven in 2023 as production resumes in more factories following the easing of pandemic restrictions[84] - The company is preparing for future bids in the construction market, particularly in major road and railway systems as outlined in the latest policy report[84] Meeting and Compliance - The company will hold its annual general meeting on May 24, 2023, with a cutoff for share transfer registration on May 18, 2023[106] - The company has not adopted new accounting standards that are yet to be effective, which may impact future financial reporting[26]
利基控股(00240) - 2022 - 年度业绩