Financial Performance - The total revenue for the year ended December 31, 2023, was HKD 266,611,000, representing an increase from HKD 258,815,000 in 2022, which is a growth of approximately 3.1%[27] - The operating profit attributable to ordinary shareholders for the year was HKD 78,186,000, compared to HKD 80,094,000 in the previous year, indicating a decrease of about 2.4%[27] - The net profit for the year was HKD 100,639,000, significantly up from HKD 52,333,000 in 2022, marking an increase of approximately 92.2%[28] - The total comprehensive income for the year was HKD 99,816,000, compared to HKD 51,139,000 in the previous year, reflecting an increase of about 95.1%[28] - The basic earnings per share for the year was HKD 12.7, up from HKD 6.6 in 2022, representing an increase of approximately 92.4%[27] - The company reported a consolidated profit before tax of HKD 111,052,000 for the year, with segment profits of HKD 50,219,000 from e-commerce, HKD 16,232,000 from identity management, and HKD 20,660,000 from other services[62] - The group recorded a net other income of HKD 32,200,000 for the year ended December 31, 2023, compared to a net other loss of HKD 20,400,000 in 2022, primarily due to the absence of fair value losses on financial instruments in 2023[167] - The group's profit after tax for 2023 was HKD 100,600,000, an increase of HKD 48,300,000 or 92.3% compared to 2022[168] Dividends - The company plans to declare a final dividend of HKD 6.3 per share, compared to HKD 4.67 in the previous year, which is an increase of approximately 34.3%[27] - The company declared dividends totaling HKD 29,401,000 for the year, compared to HKD 14,542,000 in the previous year, reflecting a significant increase[39] - The board proposed a final dividend of HKD 0.063 per share for 2023, up from HKD 0.0467 per share in 2022, bringing the total dividend for 2023 to HKD 0.10 per share[169] Assets and Liabilities - As of December 31, 2023, the total assets amounted to HKD 545,581,000, up from HKD 532,561,000 in 2022, indicating a growth of about 2.4%[27] - The total liabilities decreased from HKD 168,148,000 in 2022 to HKD 169,377,000 in 2023, reflecting a slight increase of approximately 0.7%[27] - The company’s total equity increased to HKD 376,204,000 from HKD 364,413,000, representing a growth of 3.4%[30] - The total cash and bank deposits of the group amounted to HKD 444,700,000 as of December 31, 2023, compared to HKD 436,500,000 in 2022[195] Segment Performance - Total revenue for the year ended December 31, 2023, was HKD 266,611,000, with a breakdown of HKD 163,697,000 from e-commerce, HKD 68,887,000 from identity management, and HKD 34,027,000 from other services[62] - The e-commerce segment generated revenue of HKD 128,520,000 from immediate recognition and HKD 35,177,000 from revenue recognized over time[62] - The identity management segment reported revenue of HKD 12,114,000 from immediate recognition and HKD 56,773,000 from revenue recognized over time[62] - The identity management business showed strong performance, with revenue increasing by 44.4% from HKD 47,700,000 in 2022 to HKD 68,900,000 in 2023, and segment profit rising approximately 3.1 times to HKD 16,200,000[138] - The GETS business demonstrated the ability to achieve substantial price increases to offset declines in business volume, allowing the company to outperform the market[135] Expenses and Costs - The total operating expenses for the year were HKD 31,611,000, slightly down from HKD 33,465,000 in 2022, indicating improved cost management[80] - Operating expenses before depreciation for 2023 were HKD 179,500,000, an increase of 5.4% from HKD 170,200,000 in 2022, primarily due to increased procurement costs[147] Taxation - The tax provision for the year 2023 was HKD 10,413,000, compared to HKD 6,749,000 in 2022, indicating an increase in tax obligations[77] - The tax expense for 2023 was HKD 10,400,000, an increase of HKD 3,700,000 from the previous fiscal year[148] Market Outlook - The company anticipates a cautious but optimistic outlook for the electronic commerce business in 2024, contingent on external economic conditions[135] - The company is optimistic about future opportunities in the digital signature market and plans to collaborate with strategic partners to offer comprehensive document management solutions[160] Employee and Operational Metrics - The group employed 242 employees as of December 31, 2023, a decrease from 255 employees in 2022, with 204 based in Hong Kong and 38 in Guangzhou[199] - Employee costs for the year amounted to HKD 120,100,000, up from HKD 118,600,000 in 2022[199] Strategic Initiatives - The company plans to maintain its focus on research and development, supported by government grants aimed at enhancing corporate research initiatives[81] - The group has established strategic partnerships to expand services beyond trade compliance operations, including banking and financial services[190]
贸易通(00536) - 2023 - 年度业绩