Financial Performance - The company reported revenues of approximately HKD 41.7 million for the year ended December 31, 2023, a decrease of about 7.1% from HKD 44.9 million in the previous year[8]. - The net profit attributable to the owners of the parent company for the year ended December 31, 2023, was approximately HKD 2.6 million, compared to a loss of HKD 2.0 million in the previous year[8]. - Revenue from the online backup software segment decreased by approximately HKD 3.9 million or 9.7% to about HKD 36.4 million for the year ended December 31, 2023[12]. - Revenue from the information platform increased by approximately HKD 0.6 million or 13.0% to about HKD 5.2 million for the year ended December 31, 2023[12]. - Total revenue for the year ended December 31, 2023, was approximately HKD 41.7 million, a decrease of about 7.1% from HKD 44.9 million in 2022[24]. - The decline in revenue was primarily due to a slow recovery in demand caused by a weak global economy and changes in customer types due to reduced bulk purchases[25]. - Other income increased by approximately HKD 0.5 million or 26.3% to about HKD 2.4 million for the year ending December 31, 2023, primarily due to increased bank interest income[26]. - Net other income improved from a loss of approximately HKD 0.5 million for the year ending December 31, 2022, to about HKD 2.0 million for the year ending December 31, 2023, mainly due to a one-time gain from the termination of a subsidiary's consolidation[27]. Sales and Market Trends - Ahsay OBM and Ahsay ACB accounted for approximately 69.8% of the company's software licensing sales and rental revenue[12]. - For the year ended December 31, 2023, Ahsay OBM license sales volume was 3,660, a decrease of approximately 44.3% compared to 6,572 in the same period of 2022[14]. - The average unit price for Ahsay OBM increased by approximately HKD 32 or 9.2% to about HKD 381 in 2023, up from approximately HKD 349 in 2022[14]. - Ahsay ACB license sales volume was 695, down approximately 40.8% from 1,173 in the previous year, with the average unit price decreasing by approximately HKD 20 or 12.3% to HKD 142[14]. - Total monthly lease volume for Ahsay OBM was 215,247, a decrease of about 7.1% from 231,580 in 2022, with the average monthly price dropping by approximately HKD 2.8 or 6.0% to HKD 44.1[14]. - The company faced challenges due to changing customer purchasing patterns and intense competition in the global online backup software market[8]. Product Development and Innovation - The company launched two major new features during the year: "Immutable Backup" and "Restore Drill" to address market demands and cybersecurity threats[9]. - The company launched new features in its AhsayTM backup software, including "immutable backup" and "restore drills," enhancing data protection and security against ransomware threats[18][19]. - The company continues to focus on enhancing user experience with its software, particularly with the improvements made in the latest version of AhsayTM backup software[20]. - The information platform, including KINBOY and KINTIPS, is expected to see stable growth as mobile applications become more popular for accessing information[23]. Cost Management and Efficiency - The company implemented cost control measures, including team restructuring, which contributed to the reduction in employee costs[8]. - Employee costs and related expenses decreased by approximately HKD 2.9 million or 8.8% to about HKD 29.9 million for the year ending December 31, 2023, due to cost control measures including team restructuring[28]. - Other expenses decreased by approximately HKD 1.4 million or 9.3% to about HKD 13.6 million for the year ending December 31, 2023, primarily due to changes in the marketing mix and further cost tightening[30]. Corporate Governance and Management - The board has adopted a general dividend policy aimed at providing shareholders with the group's attributable profit for any financial year, but no dividend is recommended for the year ending December 31, 2023[70][71]. - The company primarily engages in investment holding, with subsidiary operations detailed in note 31 of the financial statements[68]. - The company has not engaged in any purchases, redemptions, or sales of its listed securities during the year ending December 31, 2023[76]. - The company has no management contracts related to the management and administration of its business[85]. - The board has established four committees: the Remuneration Committee, the Nomination Committee, the Audit Committee, and the Risk Management Committee, all of which are primarily composed of independent non-executive directors[139]. - The company has adopted corporate governance principles based on high-quality board leadership and effective internal controls[124]. - The company has not identified any significant non-compliance with relevant laws and regulations as of December 31, 2023[117]. Environmental, Social, and Governance (ESG) Initiatives - The company emphasizes the importance of strong environmental, social, and governance (ESG) performance for sustainable business development[178]. - The company aims to achieve zero accidents and provide a healthy working environment for employees, highlighting the significance of development and training for long-term sustainability[186]. - The company actively engages with stakeholders to understand their perspectives on sustainable development, conducting interviews and surveys[180]. - The company has identified key social issues such as employment, labor standards, and community investment as priorities based on stakeholder feedback[183]. - The company’s environmental impact is considered minimal, as its core business is limited to office environments, and it will continue to assess and minimize this impact[186]. - The company’s board directly oversees ESG matters and is responsible for formulating and implementing management strategies[178]. - The total indirect carbon emissions (Scope 2) from electricity generation decreased to 108,997 kg in 2023 from 117,178 kg in 2022, representing a reduction of approximately 7.5%[191]. - The total energy consumption decreased to 254,290 kWh in 2023 from 276,943 kWh in 2022, a decline of about 8.2%[198]. - Water resource consumption increased to 274 cubic meters in 2023 from 216 cubic meters in 2022, an increase of approximately 27%[198]. - The total paper consumption decreased to 70.8 reams in 2023 from 83.0 reams in 2022, a reduction of about 14.5%[199]. - The greenhouse gas emissions per employee increased to 1,676.9 kg per employee in 2023 from 1,605.2 kg per employee in 2022, an increase of approximately 4.4%[191]. - The company aims to maintain or reduce greenhouse gas emissions intensity in 2024 compared to the 2023 baseline[194]. - The company has implemented various energy-saving measures, including encouraging employees to turn off unused electrical equipment[196]. - The company successfully donated over 300 items of clothing and goods to the Salvation Army in September 2023[190]. - The company participated in a fundraising event for thalassemia patients, raising a total of HKD 5,000 with the participation of 36 employees[189]. - The company has not reported any significant violations of environmental laws and regulations during the reporting period[195].
亚势备份(08290) - 2023 - 年度财报