万邦投资(00158) - 2023 - 中期业绩

Financial Performance - The group reported a revenue of HKD 77,689,000 for the six months ended March 31, 2023, compared to HKD 80,070,000 for the same period in 2022, representing a decrease of approximately 2.0%[3] - The group's gross profit for the period was HKD 53,879,000, down from HKD 62,629,000 in the previous year, indicating a decline of about 14.1%[3] - The net profit attributable to shareholders for the six months was HKD 487,000, a significant decrease from HKD 31,545,000 in the prior year, reflecting a drop of approximately 98.5%[3] - For the six months ended March 31, 2023, the company's revenue decreased by 3.0% to HKD 77,710,000 compared to HKD 80,100,000 in the same period of 2022[31] - The net profit for the same period was HKD 500,000, a significant decrease from HKD 31,500,000 in 2022, primarily due to a fair value loss of investment properties amounting to HKD 41,000,000[31] - Core operating profit from leasing activities decreased by 12.0% to HKD 48,800,000, down from HKD 55,500,000 in the previous year[31] - The rental income for the period was HKD 68,767,000, slightly down from HKD 70,814,000 in the same period of 2022[31] Assets and Equity - The total assets as of March 31, 2023, amounted to HKD 7,370,324,000, slightly down from HKD 7,403,694,000 as of September 30, 2022, showing a decrease of about 0.4%[4] - The group's non-current assets, primarily investment properties, were valued at HKD 7,241,700,000, down from HKD 77,282,700,000 in the previous period, indicating a significant reduction[4] - The group’s total equity as of March 31, 2023, was HKD 7,553,107,000, a decrease from HKD 7,590,977,000 as of September 30, 2022, reflecting a decline of about 0.5%[4] Earnings and Dividends - The basic earnings per share for the period was HKD 0.02, compared to HKD 1.26 in the same period last year, marking a decline of approximately 98.4%[13] - The company declared an interim dividend of HKD 1.80 per share, totaling HKD 45,000,000, consistent with the previous year[19] Cash and Deposits - The group’s cash and bank deposits were reported at HKD 240,477,000, compared to HKD 244,429,000 in the previous period, indicating a slight decrease of about 1.6%[4] - Cash and bank deposits as of March 31, 2023, amounted to HKD 240,500,000, a decrease from HKD 244,400,000 as of September 30, 2022[33] Expenses and Provisions - The group’s administrative expenses for the period were HKD 10,104,000, up from HKD 7,382,000 in the previous year, representing an increase of approximately 36.8%[3] - There were no provisions for trade receivables during the period, consistent with the previous year[26] Investment Properties - The group recognized a fair value loss of HKD 41,000,000 on investment properties during the period, contributing to the overall decline in profitability[3] - The fair value of investment properties as of March 31, 2023, was HKD 7,241,700, a decrease of HKD 41,000 compared to the previous period[21] - The occupancy rates for the company's investment properties were 92.8% and 81.3% for Central Plaza and Kinley Commercial Building, respectively, compared to 93.4% and 78.6% in 2022[32] Corporate Governance and Reporting - The company has complied with the Corporate Governance Code as per the Hong Kong Stock Exchange during the financial period[39] - The interim report will be published by June 30, 2023, on the company's website and the Hong Kong Stock Exchange[40] - The financial statements for the year ending September 30, 2022, have been submitted to the Companies Registry as required by the Hong Kong Companies Ordinance[39] - The auditor's report on the financial statements is unqualified and does not contain any emphasis of matter[39] Acquisitions and Disposals - The company did not engage in any significant acquisitions or disposals during the reporting period[35]