万邦投资(00158) - 2023 - 年度业绩

Financial Performance - Rental income from property investment decreased to HKD 139,159,000 in 2023 from HKD 140,864,000 in 2022, a decline of approximately 1.2%[1] - Total revenue for the year was HKD 157.894 million, a decrease from HKD 158.707 million in 2022, representing a decline of approximately 0.5%[29] - The overall pre-tax loss for the company was HKD 112,746,000 in 2023, compared to a loss of HKD 109,283,000 in 2022, indicating a slight increase in losses[1] - For the fiscal year ending September 30, 2023, the group reported a loss attributable to shareholders of HKD 129.165 million, compared to a loss of HKD 127.390 million in 2022, indicating a slight increase in losses[50] - The group incurred a pre-tax loss of HKD 112.746 million for the year, compared to a pre-tax loss of HKD 109.283 million in 2022[29] Property Management and Investment - Property management fee income increased to HKD 18,735,000 in 2023 from HKD 17,843,000 in 2022, an increase of about 5.0%[1] - The fair value change of investment properties resulted in a pre-tax loss of HKD 108,380,000 in 2023 compared to a loss of HKD 111,517,000 in 2022, showing an improvement of approximately 2.0%[1] - The fair value loss on investment properties for the year was HKD 221.10 million, compared to HKD 220.80 million in the previous year, reflecting ongoing market challenges[50] - The fair value of investment properties decreased by HKD 221,126,000 during the year[60] Assets and Liabilities - Total assets decreased to HKD 7,373,162,000 in 2023 from HKD 7,608,145,000 in 2022, a decline of about 3.1%[19] - The net assets of the company were HKD 7,355,333,000 in 2023, down from HKD 7,590,977,000 in 2022, representing a decrease of approximately 3.1%[19] - The group’s total assets as of September 30, 2023, included current assets of HKD 11.315 million, slightly down from HKD 11.676 million in 2022[44] - Trade receivables increased to HKD 4,554,000 in 2023 from HKD 2,747,000 in 2022, indicating a significant rise in outstanding amounts[65] - Trade payables rose to HKD 40,378,000 in 2023, slightly down from HKD 40,602,000 in 2022[65] Dividends - The company declared an interim dividend of HKD 1.8 per share for both 2023 and 2022, totaling HKD 90,000,000[2] - The group proposed a final dividend of HKD 1.80 per share for the fiscal year ending September 30, 2024[26] - The proposed final dividend record date is set for February 2, 2024, with a distribution date around February 15, 2024[69] Tax and Income - The effective tax rate for the group was approximately 14.5% for the year, with current tax expenses of HKD 16.365 million compared to HKD 17.987 million in 2022[38] - The group’s interest income increased to HKD 7.609 million from HKD 0.973 million in the previous year, showing significant growth[37] Employment and Operations - The group employed 16 staff members, maintaining a focus on quality and support for operational success[52] - The board of directors is responsible for major operational decisions and resource allocation based on internal reports[55] - The company did not engage in any acquisitions or disposals of subsidiaries during the year[68] - The company has not made any significant capital investments or future development plans during the year[68] Reporting and Governance - The audit committee reviewed the risk management framework and internal control systems for the year ended September 30, 2023[58] - The annual report of the group will be published on or before January 26, 2024, on the company's website and the Hong Kong Stock Exchange website[80] - The board of directors consists of two executive directors, two non-executive directors, and four independent non-executive directors[81] Occupancy Rates - The rental occupancy rates for the investment properties were approximately 93% and 85% as of September 30, 2023, compared to 91% and 74% in 2022, reflecting improvements in occupancy[12] Government Support - The company received no wage subsidies from the Hong Kong government's anti-epidemic fund in 2023, compared to HKD 346,000 in 2022[23]