天安(00028) - 2023 - 年度业绩

Financial Performance - As of December 31, 2023, the company reported receivables of approximately HKD 1,011.1 million and a net impairment loss of about HKD 270.4 million for the fiscal year 2023[1]. - The total impairment loss recorded for the loan in the fiscal year 2023 was HKD 285 million, compared to HKD 15 million for the fiscal year 2022[4]. Loan Details - The impairment primarily relates to a loan of HKD 300 million provided to Hillwealth Holdings Limited, which has been overdue since December 31, 2023[2]. - The borrower has repaid approximately HKD 105.3 million in interest, with the most recent payment received in November 2023[3]. Economic Conditions - The company is facing increased uncertainty regarding the borrower's ability to execute repayment plans due to challenging economic conditions and the potential decline in asset values[5].