Financial Performance - Total revenue for the fiscal year ended June 30, 2023, was HKD 7,767.2 million, representing an increase of 11.5% compared to HKD 6,966.9 million in 2022[3]. - Gross profit for the same period was HKD 1,051.6 million, up 6.0% from HKD 992.5 million in the previous year[3]. - The profit attributable to shareholders was HKD 522.9 million, reflecting a 4.0% increase from HKD 502.9 million in 2022[3]. - Basic earnings per share rose to HKD 1.14, a 3.6% increase from HKD 1.10 in the prior year[3]. - The company declared a final dividend of HKD 0.213 per share, down from HKD 0.241 in the previous year[3]. - Operating profit for the year was HKD 622.9 million, compared to HKD 590.5 million in the previous year[5]. - The company reported a net profit of HKD 524,198 for the year, compared to HKD 617,746 before tax expenses, indicating a decrease of 15.1%[20]. - The company reported a net income of HKD 503,904 for the year, compared to HKD 588,717 in the previous year, reflecting a decrease in profitability[29]. - The group's net profit attributable to shareholders increased by 4.0% or HKD 20 million to HKD 522.9 million, driven by strong performance in cleaning, pest control, technical support, and maintenance services[76]. Revenue Breakdown - Property and facility management services generated revenue of HKD 708,609, up from HKD 696,298 in the previous year[15]. - Integrated living services revenue totaled HKD 3,766,783, reflecting a growth of 15.8% from HKD 3,252,579 in 2022[15]. - Electromechanical engineering services reported revenue of HKD 3,291,817, an increase from HKD 3,018,058 in the prior year[15]. - Revenue from technical support and maintenance services for renovation, system transformation, and repair was HKD 280,850, up from HKD 119,558 in the previous year, representing a growth of 134.9%[17]. - The total contract revenue recognized was HKD 3,739,255, an increase of 15.5% from HKD 3,237,927 in 2022[17]. Assets and Liabilities - Total assets as of June 30, 2023, amounted to HKD 3,990.4 million, an increase from HKD 3,599.3 million in 2022[7]. - Total liabilities as of June 30, 2023, amounted to HKD 3,291,013, compared to HKD 3,162,530 in 2022, representing a 4.1% increase[8]. - Current assets net amount to HKD 723,432, a significant increase from HKD 468,327 in the previous year[8]. - Total equity and liabilities reached HKD 3,990,434, up from HKD 3,599,304 in 2022[8]. - The company’s long-term borrowings stood at HKD 263,658, slightly up from HKD 263,478 in the previous year[8]. Operational Efficiency - The company continues to focus on improving operational efficiency and exploring new market opportunities through strategic initiatives and potential acquisitions[18]. - The company anticipates continued growth in revenue driven by new contracts and projects across all segments, particularly in Hong Kong[61]. - The company is investing in innovative technologies, including AI systems and IoT sensors, to enhance service efficiency and customer satisfaction[110]. Employee and Training - Employee costs increased to HKD 3,166,654 from HKD 2,870,494, indicating rising operational expenses[28]. - The company provided over 127,000 hours of training for employees, focusing on various job skills[93]. - The company offers up to 80% subsidies for employees pursuing relevant master's or degree education under its training subsidy policy[92]. Environmental and Social Responsibility - The company has set new environmental goals to reduce fuel consumption density by 0.5%, electricity consumption density by 1.5%, and paper procurement density by 8%[89]. - The company has established a board-level Environmental, Social, and Governance (ESG) committee to oversee sustainability performance and manage related risks[86]. - The company participated in the "Green Power Island Tour" for the second consecutive year to promote environmental appreciation and education[90]. - The company organized a flagship event called "Caring Day" in March 2023, collaborating with NGOs to provide social services to the elderly and underprivileged communities[96]. Market Opportunities - The company plans to leverage its market positioning and expertise to develop more clients in high-revenue sectors such as construction and property management[114]. - The environmental services division anticipates substantial opportunities driven by increasing societal demand for sustainable solutions and compliance with local regulations[115]. - The group is poised to capitalize on anticipated infrastructure and construction projects in Hong Kong, mainland China, and Macau, with public and private sector electromechanical engineering expenditures expected to exceed HKD 28 billion and HKD 24 billion annually over the next five years[118].
丰盛生活服务(00331) - 2023 - 年度业绩