Financial Performance - Total contract value reached HKD 597.3 million, the highest since 2015[9] - Total revenue increased by over 7% to HKD 528.1 million, with a profit of HKD 5.4 million for the year[9] - The total revenue for the group increased to HKD 528,066,000, a year-on-year growth of 7.43%[32] - The gross profit margin improved from 18.31% in 2022 to 20.16% in the current year, resulting in a gross profit increase of 18.25% to HKD 106,445,000[32] - The group's reported profit for the year is HKD 5,392,000, an increase from HKD 3,412,000 in 2022, despite a total impairment of HKD 3,909,000 related to additional tier 1 bonds held in CS Group and Kaisa Group Holdings Ltd[34] Dividends and Shareholder Returns - The company plans to pay a final dividend of HKD 0.01 per share, marking the tenth consecutive year of dividend payments[9] - The board of directors has proposed a final dividend of HKD 0.01 per share for the year[178] - The company reported a profit for the year, with total distributable reserves amounting to HKD 120,284,000, of which HKD 6,161,000 is proposed as the final dividend for the year[182] Market and Contract Developments - The company has become a partner for four out of six gaming operators in Macau, leveraging its experience in monitoring systems[11] - In Macau, the contract value increased significantly by 64.7% from HKD 265,700,000 in 2022 to HKD 437,600,000 in 2023[19] - The company secured new contracts worth HKD 191,300,000 in the fourth quarter, accounting for nearly 44% of the total contracts obtained from the Macau market for the year[19] - The total contract value obtained by the company in 2023 was HKD 597,300,000, representing an annual growth of approximately 4% compared to 2022[18] Operational Strategies and Management - The company aims to expand its product and service categories to meet customer needs and create value[11] - The company emphasizes prudent financial policies and operational cost control to adapt to changing economic conditions[13] - The company’s core business strategy is to pursue excellence and leverage new technologies for future applications[7] - The company has established R&D facilities in Shanghai and Jiangxi, with 24-hour service centers in mainland China[7] Corporate Governance and Compliance - The company emphasizes the importance of corporate governance and has adhered to the principles of the Code throughout the year[68] - The company has adopted the GEM Listing Rules regarding securities trading by directors, ensuring compliance with trading standards[68] - The company has established corporate governance policies and responsibilities for the board[80] - The company confirmed the independence of all independent non-executive directors[77] Environmental and Social Responsibility - The company generated approximately 130 tons of CO2 emissions annually from its largest office in Macau, while the Hong Kong office produced about 50 tons[118] - The company aims to maintain its CO2 emissions at current levels, focusing on energy consumption during office hours for lighting and air conditioning[122] - The company encourages the "Three Rs" (Reduce, Reuse, Recycle) to manage waste effectively and minimize environmental impact[113] - The company has implemented policies to mitigate risks associated with extreme weather events, which may affect logistics and equipment delivery[127] Employee and Workforce Management - The total workforce of the company as of December 31, 2023, is 150 employees, with 118 males and 32 females[138] - The employee turnover rate for the year is 9.80%, with a notable 17.39% for female employees[138] - The company emphasizes talent development, providing competitive employment benefits and promoting work-life balance through various leave policies[135] - The company has implemented energy efficiency measures, including the use of energy-saving lighting and appliances certified under the Energy Efficiency (Labelling of Products) Ordinance[128] Risk Management and Internal Controls - The management team identifies and assesses significant risks related to the group, including financial, operational, and compliance risks[100] - The company has no independent internal audit function currently, but plans to develop one after obtaining relevant ISO certifications[100] - The company continues to evaluate new business opportunities while maintaining prudent financial management[101] Community Engagement and Charitable Activities - The company has maintained a consistent focus on community investment, particularly supporting disadvantaged groups[172] - The company made charitable donations totaling HKD 295,000 during the year[183] Supplier and Customer Relations - The top five customers accounted for 53.65% of total sales, with the largest customer contributing 18.96%[186] - The top five suppliers represented 53.35% of total purchases, with the largest supplier accounting for 17.03%[186] - There are 27 major suppliers, with 9 in Macau, 13 in Hong Kong, and 2 in the United States[155]
爱达利网络(08033) - 2023 - 年度财报