Employee Statistics - The total number of employees increased to 366 in 2023 from 268 in 2022, representing a growth of 36.5%[3] - The employee turnover rate for those under 30 years old was 70.7% in 2023, with a significant difference between genders: 58.8% for males and 79.1% for females[6] - The employee distribution by function shows that 56% are in hotel accommodation services, with a notable presence in sales and marketing at 18%[5] - The number of employees increased to 1,160 as of December 31, 2023, compared to 1,022 in 2022, with total employee compensation amounting to HKD 252,054,000, up from HKD 212,421,000 in the previous year[65] - The group’s employee compensation policy remains unchanged from the previous year, linking performance to rewards[65] Environmental Impact - The company achieved a total greenhouse gas emissions of 9,923 tons in 2023, up from 7,478 tons in 2022, indicating a 32.6% increase[14] - The energy consumption for 2023 was 17,370,000 kWh, compared to 15,707,000 kWh in 2022, reflecting an increase of 10.6%[16] - The company generated 2,593 kg of non-hazardous waste in 2023, a decrease from 2,978 kg in 2022, showing a reduction of 12.9%[15] - The carbon density per employee decreased slightly from 28 tons in 2022 to 27 tons in 2023[14] - The hotel business in Japan has seen a full recovery in 2023, leading to an increase in carbon emissions due to the surge in tourism[30] - The company has invested in energy-saving systems in its properties, aiming to reduce greenhouse gas emissions from hotel operations[30] - The carbon dioxide emissions for the fiscal year 2023 were 42 tons, significantly higher than 19 tons in 2022, attributed to increased travel by senior management[78] - Water consumption increased to 241,882 cubic meters in 2023, compared to 171,674 cubic meters in 2022, primarily due to the recovery of the Japanese tourism industry[79] Financial Performance - The company reported a revenue of HKD 12,000 million for the fiscal year 2023, showing a significant recovery compared to previous years[37] - Revenue decreased by 2% from HKD 9.23 billion to HKD 9.07 billion for the fiscal year ending December 31, 2023[51] - Net profit increased by 45%, rising from HKD 110.9 million to HKD 160.4 million for the same period[45] - Earnings per share rose by 99%, from HKD 0.16 to HKD 0.319 for the fiscal year ending December 31, 2023[52] - The net asset value per share increased to HKD 12.00 in 2023, reflecting the company's growth and stability[38] - The group recorded significant investment gains of HKD 128.7 million from securities investments due to a rebound in the tech stock market[54] - The asset-to-equity ratio improved to 78% from 92% year-on-year, indicating better financial stability[63] - The group’s investment properties had a book value of HKD 3,272,114,000 as of December 31, 2023, down from HKD 3,656,586,000 in 2022[64] - The company reported a loss of HKD 47,074,000 in fair value changes of investment properties for the year[168] - The company's total equity increased from HKD 3,924,834,000 in 2022 to HKD 4,052,636,000 in 2023, a rise of approximately 3.3%[163] Corporate Governance and ESG - The company has identified key ESG issues, particularly focusing on social operations and employment, to align with stakeholder expectations[29] - The company plans to continue reviewing and developing its ESG policies and goals to enhance its ESG performance in the future[29] - The company adheres to the ESG governance framework, with the board responsible for monitoring significant ESG issues and performance[99] - The board's diversity policy includes considerations of gender, age, cultural background, and professional experience[87] - The company emphasizes the importance of stakeholder engagement, focusing on business strategy, financial performance, and corporate governance[101] - The company conducted extensive surveys to explore the importance of various ESG components related to stakeholders[102] - The company is committed to responsible supply chain management and optimizing supplier collaboration[104] - The board is responsible for reviewing and monitoring compliance with legal and regulatory requirements[117] Operational Highlights - The company has opened its first self-operated hotel in Osaka and plans to expand with additional self-operated hotels in Osaka and Sapporo[40] - The company acquired additional hotel properties in Nagano and Wakayama, further expanding its portfolio in Japan[40] - Rental and hotel operations in Japan saw a 29% increase in revenue driven by the recovery of the tourism industry[53] - The company emphasizes the importance of product and service quality, customer experience, and data privacy protection as key operational priorities[104] Audit and Compliance - The audit committee held four meetings during the year to review the financial performance and internal controls of the group[109] - The total fees for external auditors amounted to HKD 6,429,000, including HKD 4,925,000 for audit services[120] - The board conducted four reviews of the internal control and risk management systems, which were deemed effective and sufficient[126] - The company engaged Deloitte for auditing services during the fiscal year ending December 31, 2023, with a total of 6 board meetings held[124]
SIS INT'L(00529) - 2023 - 年度财报