尤尼泰振青会计师事务所对中嘉博创信息技术股份有限公司2024年年报的问询函进行了回复，指出2022 年至2024年的审计意见分别为保留意见、带强调事项段无保留意见和标准无保留意见。2024年8月北京 市第四中级人民法院驳回公司撤销仲裁申请，强调事项段影响已消除。2022年至2024年净利润分别 为-7912.14万元、-12529.71万元、-3543.34万元，经营活动现金流量净额分别为-1510.83万元、-4760.15 万元、-5651.03万元。2024年末货币资金为5518.47万元。会计师认为扣除特殊事项影响后，公司经营情 况逐年好转，亏损减少。 截至2025年6月6日收盘，中嘉博创（000889）报收于3.6元，较上周的2.7元上涨33.33%。本周，中嘉博 创6月6日盘中最高价报3.6元，股价触及近一年最高点。6月4日盘中最低价报2.97元。本周共计3次涨停 收盘，无跌停收盘情况。中嘉博创当前最新总市值33.71亿元，在通信服务板块市值排名32/40，在两市 A股市值排名3952/5148。 本周关注点 交易信息汇总 沪深交易所2025年6月6日公布的交易公开信息显示，中嘉博创（000889 ...

Financial Performance - For the six months ended September 30, 2024, the company reported revenue of HKD 11.8 million, a decrease of 87.5% compared to HKD 94.2 million for the same period in 2023[7] - Gross profit for the same period was HKD 2.4 million, down 87.0% from HKD 18.4 million year-over-year[7] - Operating profit was HKD 8.9 million, slightly down from HKD 9.3 million in the previous year, representing a decrease of 4.3%[7] - The company reported a net profit attributable to equity holders of HKD 36.6 million, an increase of 2.5% from HKD 35.7 million in the prior year[9] - Earnings per share (basic and diluted) increased to HKD 5.9 cents from HKD 5.8 cents, reflecting a growth of 1.7%[7] - The company declared an interim dividend of HKD 0.12 per share, consistent with the previous year's dividend[7] Assets and Liabilities - Total assets as of September 30, 2024, were HKD 6,382.8 million, a slight increase from HKD 6,369.0 million as of March 31, 2024[11] - The company’s total equity decreased to HKD 6,401.0 million from HKD 6,440.9 million, a decline of 0.6%[11] - Total assets as of September 30, 2024, amounted to HKD 6,701.6 million, up from HKD 6,664.4 million as of March 31, 2024[34] - Total liabilities as of September 30, 2024, were HKD 300.6 million, compared to HKD 223.5 million as of March 31, 2024, indicating an increase of 34.5%[34] - Accounts receivable and other receivables increased to HKD 33.1 million as of September 30, 2024, from HKD 26.1 million as of March 31, 2024[47] - Accounts payable aged zero to three months increased to HKD 26.7 million as of September 30, 2024, compared to HKD 7.9 million as of March 31, 2024[49] - Non-current bank loans secured increased to HKD 59.2 million as of September 30, 2024, from HKD 23.2 million as of March 31, 2024[50] - The total current assets as of September 30, 2024, were HKD 6,382.8 million, with current liabilities of HKD 236.9 million[70] Cash Flow and Financial Activities - The company reported a net cash flow from operating activities for the six months was a cash outflow of HKD 122.7 million, compared to an inflow of HKD 7.9 million in the same period last year[17] - The group reported a net cash position of HKD 1.0587 billion as of September 30, 2024, down from HKD 1.2038 billion on March 31, 2024[78] - The company’s financial expenses for the six months ended September 30, 2024, were HKD 0.4 million, compared to HKD 0.6 million in the same period of 2023, a decrease of 33.3%[31] Investment and Market Activity - Property rental income increased to HKD 6.7 million from HKD 1.0 million, representing a growth of 570%[25] - The company reported a fair value change of financial investments amounting to HKD 11.1 million for the six months ended September 30, 2024, compared to no such income in the previous year[37] - The fair value of financial investments as of September 30, 2024, was HKD 39.1 million, with listed equity securities valued at HKD 33.6 million[55] - The company reported a fair value loss of HKD 1.6 million recognized in the consolidated income statement for the six months ended September 30, 2024[61] Corporate Governance - The company adheres to the corporate governance code as per the Stock Exchange Listing Rules Appendix C1, with the exception of the roles of Chairman and CEO being held by the same individual, Mr. Chen Bin, to enhance decision-making efficiency[90] - The board believes that having the same person serve as both Chairman and CEO allows for more agile decision-making in a rapidly changing business environment, supported by a sufficient number of independent non-executive directors to maintain a balance of power[90] - The company’s articles of association state that each director, including those with a specified term, must retire at least once every three years, although the Chairman and CEO are not required to do so[93] - The board is committed to reviewing and monitoring the company's corporate governance practices to maintain high standards[94] - All directors have confirmed compliance with the securities trading standards as per the Listing Rules Appendix C3 during the reporting period[95] Strategic Developments - The group is developing a luxury residential building in Ap Lei Chau, expected to be completed by the end of 2025[71] - The sales preparation for the "Repulse Bay 108" project is progressing well, with marketing activities underway for this ultra-luxury residential project[74] - The hotel segment, particularly the Sheraton Hotel in Hong Kong, has maintained a strong performance with high occupancy rates as inbound tourism recovers[74] - The local super luxury residential market recorded significant transactions in Q2 and Q3 of 2024, indicating strong demand for rare quality properties[75] - The group has a strong balance sheet and ample cash on hand to maintain stable development and actively face future challenges[75] - The group is closely monitoring geopolitical tensions and global economic prospects, maintaining a prudent management approach to address risks and uncertainties[75] Employment and Staffing - The group employed a total of 146 staff as of September 30, 2024, with employee expenses reaching HKD 29.7 million for the first half of the fiscal year[79] Customer Concentration - The company had three major customers contributing approximately HKD 6.4 million in revenue, accounting for over 10% of total revenue[31] Dividend Information - The proposed interim dividend is HKD 0.12 per share, consistent with the dividend for the same period last year, amounting to HKD 74.1 million[45]

Revenue and Profit - Revenue for the six months ended September 30, 2024, was HKD 11.8 million, a decrease of 87.5% compared to HKD 94.2 million for the same period in 2023[2] - Gross profit for the same period was HKD 2.4 million, down 87.0% from HKD 18.4 million year-on-year[3] - Operating profit decreased slightly to HKD 8.9 million, compared to HKD 9.3 million in the previous year, reflecting a decline of 4.3%[4] - Profit attributable to equity holders of the company was HKD 36.6 million, an increase of 2.5% from HKD 35.7 million in the prior year[6] - Basic and diluted earnings per share were HKD 5.9 cents, up from HKD 5.8 cents, representing a growth of 1.7%[7] - The company reported a profit attributable to equity holders of HKD 35.7 million for the six months ended September 30, 2023[22] - Earnings per share for the period was HKD 0.0366, based on 617,531,425 shares issued[30] Dividends - The proposed interim dividend remains at HKD 0.12 per ordinary share, consistent with the previous year[8] - The proposed interim dividend is HKD 0.012 per ordinary share, consistent with the previous year[31] - The group plans to distribute an interim dividend of HKD 0.12 per share on January 7, 2025, consistent with the previous year's dividend[40] Assets and Liabilities - The company's total assets as of September 30, 2024, were HKD 6,401.0 million, slightly down from HKD 6,440.9 million as of March 31, 2024[13] - Total assets as of September 30, 2023, amounted to HKD 6,701.6 million, while total liabilities were HKD 300.6 million[25] - The group’s total assets minus current liabilities stood at HKD 9,590.9 million as of September 30, 2024, compared to HKD 9,600.4 million as of March 31, 2024[48] - As of September 30, 2024, the group's net cash after deducting loans was HKD 1.0587 billion, down from HKD 1.2038 billion on March 31, 2024[59] - The group's capital debt ratio was 0.9% as of September 30, 2024, compared to 0.4% on March 31, 2024[59] - The group has pledged properties with a book value of approximately HKD 425.1 million to secure bank loans totaling HKD 124.3 million[60] Other Income and Expenses - Other income increased to HKD 37.8 million, up 33.0% from HKD 28.4 million year-on-year[3] - Employee expenses for the first half of the fiscal year ending September 30, 2024, reached HKD 29.7 million, excluding director remuneration[61] - The company generated bank interest income of HKD 26.7 million for the six months ended September 30, 2023[25] - The estimated tax expense for the period was calculated at a rate of 16.5%[28] Strategic Focus and Development - The company continues to focus on property investment and development, with a strategic emphasis on enhancing operational efficiency and market expansion[18] - The group is developing a luxury residential building on Ap Lei Chau, expected to be completed by the end of 2025[53] - The French Valley Airport Center project in California is progressing well, with the third phase of sales performing ideally and the fourth phase construction expected to be completed in Q1 2025[54] - The hotel segment, particularly the Hong Kong Renaissance Hotel, has maintained a strong performance with high occupancy rates amid the recovery of inbound tourism[55] - The group anticipates that recent interest rate cuts and economic stimulus measures in the mainland will boost local economic development and internal demand[56] Financial Position - The net asset value per share remained stable at HKD 61.7 million, unchanged from the previous period[13] - The net asset value per share, based on the market valuation of hotel properties, was HKD 15.43 as of September 30, 2024, slightly down from HKD 15.49 as of March 31, 2024[50] - The group's non-current bank loans amounted to HKD 59.2 million as of September 30, 2024, compared to HKD 23.2 million as of March 31, 2024[36] - The actual annual interest rate for the loans was 7.6% as of September 30, 2024, down from 8.08% as of March 31, 2024[38] Fair Value and Losses - The company recognized a fair value loss of HKD 9.4 million on financial investments for the six months ended September 30, 2024[27]

Financial Performance - The profit attributable to equity holders for the year 2024 is HKD 74.9 million, a significant recovery from a loss of HKD 20.0 million in 2023[136]. - The total comprehensive income attributable to equity holders for the year was HKD 73.3 million, compared to a loss of HKD 17.8 million in the previous year[197]. - Earnings per share improved to HKD 0.121 from a loss of HKD 0.032 in 2023[136]. - The company maintained a consistent dividend of HKD 0.24 per share for both 2024 and 2023[136]. - The total equity decreased by 1% to HKD 6,440.9 million from HKD 6,510.3 million in the previous year[136]. Assets and Liabilities - Non-current assets, including interests in associates, decreased to HKD 295.4 million in 2024 from HKD 358.7 million in 2023, a decline of approximately 17.6%[13]. - The group's total assets less current liabilities amounted to HKD 9,600.4 million in 2024, down from HKD 9,675.9 million in 2023, representing a decrease of about 0.8%[13]. - The group's current assets were reported at HKD 6,369.0 million in 2024, slightly down from HKD 6,414.8 million in 2023, indicating a decrease of about 0.7%[13]. - The group's non-current liabilities increased to HKD 32.5 million in 2024 from HKD 20.4 million in 2023, marking an increase of approximately 59.3%[13]. - As of March 31, 2024, the group's cash net amount after deducting loans was HKD 1,203.8 million, down from HKD 1,296.6 million in the previous year, indicating a decrease of about 7.1%[38]. Governance and Management - The company believes that having the same individual serve as both chairman and CEO enhances decision-making efficiency and responsiveness to market changes[90]. - The company’s governance structure includes clear divisions of responsibility between the board and management, with significant decisions made by the board[82]. - The company has established a remuneration committee that held one meeting during the fiscal year, focusing on compensation policies for directors and senior management[96][100]. - The audit committee held two meetings during the fiscal year ending March 31, 2024, to review financial reporting and risk management systems[87][95]. - All directors participated in continuous professional development during the year, ensuring they remain informed about their responsibilities[78][89]. Risk Management - The group has established policies to manage various risks, which are regularly reviewed and improved to align with market changes and regulatory requirements[44]. - The group is committed to continuous risk assessment to gain comprehensive insights into risks and enhance internal controls and risk management procedures[44]. - The board is responsible for risk management and internal control systems, which are regularly reviewed for effectiveness[120]. - The group has implemented a treasury and financing policy focused on risk management and control, minimizing foreign exchange fluctuation risks[41]. Supplier and Customer Relations - The top five suppliers accounted for about 49% of the group's total procurement, while the largest customer represented approximately 44% of the group's revenue[14]. - The group maintains good relationships with suppliers and customers to achieve both short-term and long-term goals[54]. - As of March 31, 2024, the company had 324 local suppliers and 2 overseas suppliers in its Hong Kong operations[183]. Community Engagement - The company invested HKD 38,10,300 and contributed 95 hours to community investment during the fiscal year[184]. - The company anticipates that recent government initiatives to revitalize the tourism industry will positively impact the local hotel sector[186]. Shareholder Information - The group declared an interim dividend of HKD 0.12 per share, totaling HKD 74.1 million for the year[19]. - The company proposed a final dividend of HKD 0.12 per ordinary share, totaling HKD 74.1 million to be distributed to shareholders registered by September 9, 2024[142]. - The company did not repurchase any shares during the year, nor did it purchase or sell any shares of the company or its subsidiaries[163]. Employee Information - The group employed a total of 149 employees in Hong Kong and the United States as of March 31, 2024, with employee expenses (excluding director remuneration) amounting to HKD 57.7 million for the fiscal year[53]. - The gender ratio of all employees, including senior management, was 2.82:1 as of March 31, 2024, with one female director on the board[59]. Financial Management - The company has a cautious and strict approach to financial management, aiming for long-term sustainable growth and enhanced shareholder value[192]. - The company’s financial resources and core competitiveness are thoroughly considered in its business strategy formulation[192]. - The company has implemented procedures to safeguard assets and ensure the reliability of financial information[117].

財政報告 * 僅供識別 綜合全面收益表 截至二零二四年三月三十一日止年度 截至二零二四年三月三十一日止年度 末期業績 本 年 度 中 期 股 息 每 股 港 幣 一 角 二 仙 已 於 二 零 二 四 年 一 月 四 日 派 發。董 事 局 建 議派發末期股息每股港幣一角二仙予二零二四年九月九日已登記本公司股東 名 冊 上 之 股 東。如 此 項 建 議 於 股 東 週 年 大 會 獲 通 過，末 期 股 息 將 於 二 零 二 四 年 九 月 二 十 四 日 派 發。本 年 度 派 息 總 額 將 為 每 股 港 幣 二 角 四 仙，與 去 年 之 股 息 相 同。 – 2 – 其 他 全 面 收 益： 期 後 不 會 重 新 分 類 至 損 益 之 項 目： 應佔聯營公司之其他全面（虧 損）╱收 益 (0.6) 1.5 – 3 – – 4 – (a) 編制基準 於 年 中，本 集 團 採 納 於 二 零 二 三 ╱ 二 零 二 四 年 度 生 效 的 新 準 則 及 已 公 佈 準 則 之 修 訂： （股 份 代 號：88） 股 息 | --- | --- | --- | --- | |--------- ...

Financial Performance - Revenue for the six months ended September 30, 2023, was HKD 94.2 million, a significant increase from HKD 17.8 million in the same period last year, representing a growth of 429.2%[54] - Gross profit for the period was HKD 18.4 million, up from HKD 1.2 million, indicating a substantial improvement in profitability[41] - The net profit attributable to equity holders was HKD 35.7 million, compared to a loss of HKD 33.1 million in the previous year, marking a turnaround in financial performance[42] - Earnings per share for the period was HKD 5.8 cents, compared to a loss of HKD 5.4 cents per share in the same period last year[42] - Cash flow from operating activities showed a net inflow of HKD 7.9 million, a significant recovery from an outflow of HKD 106.0 million in the previous year[48] - The group recognized a total comprehensive income of HKD 34.9 million for the period, a turnaround from a loss of HKD 32.4 million in the previous year[59] - The company reported a net profit attributable to equity holders of HKD 35.7 million for the six months ended September 30, 2023, compared to a net loss of HKD 33.1 million in the same period of 2022[102] Revenue Sources - The company reported a significant increase in revenue from property sales, which reached HKD 88.2 million, compared to HKD 12.6 million in the prior year[54] - Revenue from the United States reached HKD 89.3 million, up from HKD 13.2 million in the previous year, indicating a growth of 675%[55] - The company’s rental income from other sources was HKD 0.4 million, consistent with the previous year[55] Expenses and Costs - Employee expenses for the first half of the fiscal year ending September 30, 2023, reached HKD 28.7 million, excluding director remuneration[2] - Administrative expenses decreased slightly to HKD 28.1 million from HKD 28.5 million, reflecting cost control measures[41] Assets and Equity - Total assets as of September 30, 2023, were HKD 6,386.4 million, slightly down from HKD 6,414.8 million at the end of the previous reporting period[45] - The total equity as of September 30, 2023, was HKD 6,476.2 million, down from HKD 6,510.3 million at the beginning of the period[45] - The group’s total equity as of September 30, 2023, was HKD 6,476.2 million, compared to HKD 6,569.8 million as of September 30, 2022[59] Debt and Cash Position - As of September 30, 2023, the group's net cash after deducting loans was HKD 1.2577 billion, compared to HKD 1.2966 billion as of March 31, 2023[1] - The capital debt ratio as of March 31, 2023, was 1.4%[1] - The group has a bank loan amounting to HKD 90.9 million, secured by properties valued at approximately HKD 402.4 million[1] Shareholder Information - The shareholding of the chairman and CEO, Chen Bin, amounts to 44.88% of the total shares[5] - The group did not repurchase any shares during the first half of the fiscal year[12] - The group has not purchased or sold any of its shares during the first half of the fiscal year[12] Corporate Governance - The group has complied with the corporate governance code, with some exceptions regarding the roles of the chairman and CEO[13] Future Outlook and Projects - The company is developing the French Valley Airport Center project in California, with the third phase showing strong sales and the fourth phase expected to be completed by the end of 2024[115] - The development of a luxury residential building on Ap Lei Chau is progressing as planned, expected to be completed by 2025[123] - The marketing activities for the new luxury residential project "Repulse Bay 108" are progressing well, with the project featuring eight independent villas[123] Market Conditions and Challenges - The group anticipates that the market atmosphere will improve in the next one to two quarters if the U.S. Federal Reserve stabilizes interest rates[116] - High interest rates are expected to significantly increase the group's interest income due to its net cash financial position[116] - The recent policy report announced the relaxation of property market regulations, which is expected to stimulate residential property transaction volumes[116] - The group is closely monitoring various challenges and risks, maintaining a prudent management approach to respond flexibly to market fluctuations[116] - The company anticipates ongoing challenges in the hotel industry due to inflation and labor shortages, despite a positive outlook for the sector[115] Hotel Performance - The hotel occupancy rate significantly increased in the second and third quarters of 2023, benefiting from the recovery of local demand and improved air capacity[115] - The company’s consolidated hotels, particularly the Sheraton Hotel in Hong Kong, are expected to benefit from the recovery of business and tourism activities[112] Financial Investments - The group’s financial investments recorded a fair value change income of HKD 9.4 million, down from HKD 18.5 million in the previous year[71] - The company’s financial investments at fair value through profit or loss totaled HKD 27.7 million as of September 30, 2023, down from HKD 38.4 million a year earlier[98] - The fair value of financial instruments measured at fair value through profit or loss includes listed equity securities valued at HKD 16.5 million as of September 30, 2023[107] Dividend Information - The company proposed an interim dividend of HKD 0.12 per ordinary share, consistent with the previous year's dividend[42] - The company plans to declare an interim dividend of HKD 0.12 per ordinary share, consistent with the previous year's dividend[75] - The company plans to distribute an interim dividend of HKD 0.12 per share, consistent with the dividend from the same period last year[111]

Financial Performance - The company reported a profit of HKD 35.7 million for the six months ended September 30, 2023, compared to a loss of HKD 33.1 million in the same period last year[2]. - Total revenue for the period was HKD 94.2 million, significantly up from HKD 17.8 million in the previous year, representing a growth of approximately 429%[6]. - Revenue from property sales was HKD 88.2 million, while rental income contributed HKD 1.0 million, indicating strong performance in real estate development[6]. - The company achieved a gross profit margin of approximately 36% for the period, compared to a gross loss margin of 16.6% in the previous year[10]. - The company’s total comprehensive income attributable to equity holders was HKD 34.9 million, compared to a loss of HKD 32.4 million in the prior year[2]. - The company’s earnings per share increased to HKD 5.8 cents, up from HKD 5.4 cents year-on-year[10]. - The group reported a fair value change in financial investments through profit or loss of HKD 9.4 million for the six months ended September 30, 2023, compared to HKD 18.5 million for the same period in 2022[48]. - Earnings per share for the period was HKD 35.7 million, compared to a loss of HKD 33.1 million in the same period last year, with 617,531,425 shares issued[50]. Dividends and Shareholder Returns - The company plans to maintain an interim dividend of HKD 0.12 per share, consistent with the previous year[10]. - The group plans to declare an interim dividend of HKD 0.12 per share, consistent with the same period last year[31]. - The proposed interim dividend is HKD 0.12 per share, consistent with the previous year[51]. Assets and Liabilities - Total assets decreased to HKD 6,659.1 million from HKD 6,773.5 million as of March 31, 2023, reflecting a decline of approximately 1.7%[22]. - The group's total liabilities decreased to HKD 182.9 million from HKD 263.2 million as of March 31, 2023, a reduction of approximately 30.5%[22]. - Non-current assets, including interests in joint ventures, amounted to HKD 272.7 million, down from HKD 358.7 million as of March 31, 2023[34]. - The group’s current assets were HKD 6,386.4 million as of September 30, 2023, slightly down from HKD 6,414.8 million as of March 31, 2023[60]. - The group’s cash and bank deposits decreased to HKD 1,257.7 million from HKD 1,384.6 million as of March 31, 2023[39]. - As of September 30, 2023, the group's net cash after deducting loans was HKD 1.257 billion, compared to HKD 1.296 billion as of March 31, 2023[88]. Customer Base and Revenue Sources - The company has identified four major customers contributing to approximately 10% of total revenue, highlighting a diversified customer base[19]. - Bank interest income increased to HKD 26.7 million from HKD 9.9 million year-on-year, representing a growth of 169.7%[22]. Market Outlook and Strategic Developments - The group is progressing well with the sales preparations for the "Shallow Bay 108" project, which features luxury residences with scenic views[63]. - The hotel occupancy rate significantly increased in the second and third quarters of 2023, following renovations and improvements[64]. - The group expects market conditions to improve in the next one to two quarters if the U.S. Federal Reserve stabilizes interest rates[65]. - The recent government report announced the relaxation of property market control measures, which is expected to stimulate residential property transactions[66]. - The hotel industry outlook is expected to improve steadily due to local demand recovery and increased inbound travelers, despite challenges such as inflation and labor shortages[84]. - The group maintains a strong balance sheet and ample cash reserves to navigate market volatility and economic uncertainties[87]. Corporate Governance and Compliance - The group is committed to maintaining high standards of corporate governance and will continue to review its governance practices[93]. - The group has adopted the standard code for securities transactions by directors, ensuring compliance during the reporting period[75]. Employment and Expenses - The group employed a total of 147 staff in Hong Kong and the U.S., with employee expenses for the first half of the year reaching HKD 28.7 million[89]. - The group’s financial expenses were recorded at HKD 0.6 million, a slight decrease from the previous year[6]. Other Financial Information - The group reported a tax expense of HKD 0.6 million for the current period, up from HKD 0.3 million in the previous year[22]. - The group’s attributable share of income tax from joint ventures was HKD 5.2 million for the six months ended September 30, 2023, up from HKD 0.2 million in 2022[49]. - The group has a bank loan of HKD 88 million, with an effective interest rate of 8.24% as of March 31, 2023[56]. - The group has not repurchased any company shares during the first half of the year[90].

Financial Performance - The company reported a loss attributable to equity holders of HKD 20 million for the fiscal year ending March 31, 2023, compared to a profit of HKD 2.9 million in the previous year[1]. - Revenue decreased to HKD 66.3 million from HKD 131.9 million year-over-year, resulting in a gross loss of HKD 57.7 million[4]. - The company recorded an increase in interest income during the year, although no investment income was recognized compared to HKD 50.1 million in the prior year[1]. - The company reported a significant decrease in operating loss, with a loss of HKD 28 million compared to a loss of HKD 13 million in the previous year[4]. - The net profit attributable to equity holders was HKD 2.9 million, compared to a profit of HKD 20 million in the previous year[44]. - The group reported a total revenue of HKD 119.4 million for the year ended March 31, 2023, with a segment loss of HKD 13.0 million[28]. Dividends and Shareholder Returns - The total dividend for the year is proposed to be HKD 0.24 per share, consistent with the previous year's dividend[2]. - The group has proposed a final dividend of HKD 0.12 per share, consistent with the previous year[45]. Assets and Liabilities - The net assets as of March 31, 2023, were HKD 6,510.3 million, down from HKD 6,676.3 million in the previous year[15]. - The company had total assets of HKD 6,414.8 million, a decrease from HKD 6,700.7 million year-over-year[15]. - Non-current assets, including interests in joint ventures, increased to HKD 3,503.9 million in 2023 from HKD 3,505.7 million in 2022[68]. - Current assets decreased to HKD 6,414.8 million in 2023 from HKD 6,700.7 million in 2022, with a net current asset value of HKD 6,172.0 million[68]. - The company's asset-liability ratio was maintained at a low level, recorded at 1.4% as of March 31, 2023, and March 31, 2022[71]. - As of March 31, 2023, the company's net cash after deducting loans was HKD 1.296 billion, down from HKD 1.638 billion the previous year[90]. - The total value of the company's properties used as collateral for loans is HKD 402.4 million, with all loans denominated in USD[90]. Market and Development Projects - The group plans to develop a luxury residential building on Ap Lei Chau, with construction work on the foundation and basement already completed[48]. - The "Shallow Water Bay 108" project is progressing well, with marketing activities underway for this high-end residential development[48]. - The French Valley Airport Center project is in phased development, with strong sales in Phase 3 and construction for Phase 4 expected to begin in Q4 2023, aiming for completion by the end of 2024[49]. - The residential market in Hong Kong has begun to recover, with notable transactions in high-end areas reflecting renewed interest from buyers in both Hong Kong and mainland China[59]. Financial Management and Strategy - The company maintained a strong cash position with a low debt-to-asset ratio, indicating overall financial stability despite the reported losses[1]. - The company expects interest rates to remain stable until at least next year, which will significantly increase interest income due to its net cash position[76]. - The company plans to adopt flexible strategies to address market volatility while maintaining a strong balance sheet and sufficient cash reserves for stable development[77]. - The company is committed to a cautious financial management approach, considering market opportunities and core competitiveness in its business strategy[75]. Corporate Governance and Employee Matters - The group is committed to maintaining high standards of corporate governance and will continue to review its governance practices[64]. - The group’s employee expenses (excluding director remuneration) reached HKD 58.2 million for the year ending March 31, 2023, with a total of 149 employees in Hong Kong and the U.S.[55]. Other Financial Metrics - The effective tax rate for the year was maintained at 16.5%, in line with the previous year[33]. - The group has recognized a fair value loss of HKD 19.7 million on financial investments during the reporting period[33]. - The group’s financial expenses were recorded at HKD 3.1 million, reflecting the cost of financing activities[28]. - The company’s cash flow is supported by existing cash, internally generated cash, and bank borrowings as needed[70]. - The net asset value per share, based on market valuation of hotel properties, was HKD 15.64 in 2023 compared to HKD 16.04 in 2022[68]. - The company did not repurchase any shares during the year and did not buy or sell any shares of the company[78]. - The hotel renovation project was completed in March 2023, positioning the company to seize new market opportunities in the post-pandemic era[89].

Tai Cheung Holdings Limited (INCORPORATED IN BERMUDA WITH LIMITED LIABILITY) (Stock Code: 88) 2022-2023 INTERIM REPORT 大昌集團有限公司 2022-2023 （股份代號：88） (於百慕達註冊成立之有限公司） 年度中期報告 2022-2023 中期報告 公司資料 註冊辦事處 4th Floor North, Cedar House, 41 Cedar Avenue, Hamilton HM12, Bermuda 董事局 陳斌 主席及董事總經理 陳秀清 * 張永兆 * 郭志樑 * 鄺文星 林威廉 李永修 總辦事處 香港中環遮打道三號A 香港會所大廈二十樓 電話：(852) 2532 2688 傳真：(852) 2810 4108 網址：www.taicheung.com * 獨立非執行董事 審核委員會 郭志樑 委員會主席 陳秀清 張永兆 鄺文星 股份過戶登記處 MUFG Fund Services (Bermuda) Limited 4th Floor North, Cedar House, 4 ...

大昌集團 有限公司 (於百慕達註冊成立之有限公司） (股份代號：88) 二零二二年度年報 目 錄 財務摘要 1 公司資料 2 董事及高層管理人員之簡歷 3 董事局報告書 5 企業管治報告 13 環境、社會及管治報告 24 董事局主席報告書 38 綜合利潤表 41 綜合全面收益表 42 綜合資產負債表 43 綜合股東權益變動表 45 綜合現金流量表 46 綜合財務報表附註 47 獨立核數師報告 93 主要物業表 97 五年財務概要 98 1 財 務摘要 | --- | --- | --- | --- | |-----------------------------------|---------------------|-------------------|------------| | | 2022 \n港幣百萬元 | 2021 \n港幣百萬元 | 百分比轉變 | | 本公司權益持有人應佔溢利╱（虧損） | 2.9 | (28.2) | N/A | | 股息 | 148.2 | 148.2 | – | | 總權益 | 6,676.3 | 6,822.9 | -2% | | | | | | | 每股盈利╱（虧 ...