Revenue Growth - In 2023, the revenue from the healthcare segment reached HKD 245,165,000, an increase from HKD 139,452,000 in 2022, representing a growth of 76.0%[19] - The property investment segment reported revenue of HKD 9,612,000 in 2023, up 34.8% from HKD 7,132,000 in 2022[19] - The UK retail/residential segment saw a significant revenue increase of 74.1%, from HKD 3,057,000 in 2022 to HKD 5,323,000 in 2023[3] - Revenue from the China region was HKD 210,207,000 in 2023, up from HKD 105,673,000 in 2022, indicating a growth of about 99%[22] - Southeast Asia contributed HKD 35,067,000 in revenue for 2023, compared to HKD 26,670,000 in 2022, reflecting a growth of approximately 31%[22] - The group's operating revenue for 2023 reached HKD 259,158,000, a significant increase from HKD 147,200,000 in 2022, representing a growth of approximately 76%[27] - The total revenue for the year 2023 was HKD 259,158,000, an increase of approximately 76% from HKD 147,200,000 in 2022[73] - The healthcare division's revenue rose by 75.8% to HKD 245,165,000 in 2023, with notable contributions from the Chinese market, which saw a 100% increase in sales[119][121] Profitability - The company reported a net profit of HKD 105,039,000 for the year 2023, a significant increase from HKD 29,955,000 in 2022[19][21] - The company's profit attributable to equity holders increased significantly to HKD 105,039,000 in 2023 from HKD 29,955,000 in 2022, representing a substantial growth[40] - Reported profit surged by 250.7% to HKD 105,039,000 compared to HKD 29,955,000 in the previous year[102] - The group reported a net operating profit of HKD 129,421,000 for 2023, significantly higher than HKD 38,414,000 in 2022, marking an increase of approximately 236%[73] - The underlying recurring profit increased by 195.9% to HKD 119,078,000 in 2023, compared to HKD 40,243,000 in 2022, reflecting strong sales momentum post-border reopening[113] Expenses and Liabilities - The total operating expenses for 2023 were HKD 24,424,000, down from HKD 27,832,000 in 2022, representing a decrease of approximately 12%[31] - The total liabilities increased from HKD 115,911,000 in 2022 to HKD 142,282,000 in 2023[21] - The company’s total liabilities increased to HKD 20,498,000 in 2023 from HKD 11,313,000 in 2022, indicating a rise in financial obligations[47] - Employee costs increased by 27.1% to HKD 44,035,000, primarily due to annual salary adjustments and special bonuses for management, aligning with better financial results compared to 2022[43] Dividends - The company declared an interim dividend of 3.0 HK cents per share in 2023, up from 2.3 HK cents in 2022, and a special interim dividend of 5.5 HK cents, which was not declared in the previous year[39] - The company plans to propose a final dividend of HKD 0.038 per share and a special final dividend of HKD 0.082 per share, compared to HKD 0.030 per share in 2022 for the special dividend[62] - The company plans to distribute a total dividend of HKD 20.5 per share, up 125.3% from HKD 9.1 per share in the previous year[105] Assets and Investments - The total assets of the company as of December 31, 2023, amounted to HKD 907,465,000, compared to HKD 823,136,000 in 2022[19][21] - Non-current assets in China decreased to HKD 462,247,000 in 2023 from HKD 479,523,000 in 2022, a decline of about 4%[23] - The group's investment properties had a book value of approximately HKD 107,184,000 as of December 31, 2023, compared to HKD 109,976,000 in 2022, reflecting a decrease of about 2%[54] - The valuation of the group's investment properties decreased by 3.7% to HKD 255,264,000 as of December 31, 2023, down from HKD 264,937,000 in 2022[89] Strategic Focus - The company plans to focus on high-demand markets like Hong Kong, which may lead to reduced production for other markets[2] - The company aims to enhance its brand strength in China through increased online advertising and promotional activities[121] - The company acknowledges ongoing economic uncertainties but remains optimistic about stable prospects for 2024, driven by operational excellence and strategic investments[110] - The company plans to maintain a prudent investment strategy despite fluctuations in property valuations, focusing on sustainable growth and long-term value creation[110] Employee and Workforce - The group employed 102 staff as of December 31, 2023, an increase from 95 staff in 2022, indicating a growth in workforce[71] Taxation - The actual tax rate for the year was 18.5%, down from 20.7% in 2022, reflecting changes in deductible expenses and non-taxable income[38] - The group's tax expenses increased significantly from HKD 7,815,000 to HKD 23,767,000 due to higher taxable operating profits[87]
白花油(00239) - 2023 - 年度业绩