目 錄 | 2 | 董事會報告 | | --- | --- | | 9 | 行政總裁報告 | | 30 | 董事簡介 | | 33 | 高級管理層簡介 | | 34 | 企業管治報告 | | 55 | 企業社會責任報告 | | 75 | 獨立核數師報告 | | 81 | 綜合損益表 | | 83 | 綜合損益及其他全面收入表 | | 84 | 綜合財務狀況表 | | 86 | 綜合權益變動表 | | 87 | 綜合現金流量表 | | 89 | 綜合財務報表附註 | | | 156 物業詳情 | | | 157 五年財務摘要 | | | 158 公司資料 | 董事會報告 董事提呈安寧控股有限公司（「本公司」）及其附屬公司（統稱「本集團」）截至二零二四年十二月三十一日止財政年度之董事會報 告及經審核綜合財務報表。 主要業務 本公司之主要業務為投資控股及證券買賣。附屬公司之主要業務為零售時裝及飾物、投資控股及證券買賣。 於二零二四年六月十六日，本集團終止經營渡假中心及俱樂部業務，有關更多詳情載於財務報表附註17。 業務回顧 第 9 至 29頁之「行政總裁報告」提供本集團營運之中肯審視、主要績效指標之財務分析、未來前 ...

Financial Performance - For the year ending December 31, 2024, total revenue decreased to HKD 74,763,000 from HKD 108,031,000, representing a decline of approximately 30.8%[3] - Gross profit for the same period was HKD 50,094,000, down from HKD 58,774,000, indicating a decrease of about 14.4%[3] - The operating loss narrowed to HKD 1,344,000 compared to a loss of HKD 7,188,000 in the previous year, showing an improvement of approximately 81.3%[3] - The total comprehensive loss for the year was HKD 43,618,000, a reduction from HKD 74,408,000, reflecting a decrease of about 41.4%[5] - Basic loss per share from continuing operations was HKD 0.11, compared to HKD 0.51 in the previous year, indicating an improvement of approximately 78.4%[4] - The company reported a pre-tax loss from continuing operations of HKD 1,825,000 for 2024, compared to a loss of HKD 8,011,000 in 2023[27] - The company reported a loss from continuing operations of HKD 1,824,000 for the year 2024, compared to a loss of HKD 8,374,000 in 2023, indicating a reduction in losses[38] - The group recorded a loss attributable to shareholders of HKD 7,904,000 for the year ending December 31, 2024, a decrease of HKD 11,843,000 (or 60%) compared to the previous year[47] Revenue Breakdown - The group reported revenue from external customers of HKD 74,763,000, with retail fashion and accessories contributing HKD 55,964,000 and investment segment contributing HKD 18,799,000[24] - Revenue from external customers for the retail segment was HKD 86,867,000, and for the investment segment was HKD 21,164,000, totaling HKD 108,031,000 for the year ended December 31, 2023[26] - Revenue from Hong Kong was HKD 63,574,000 in 2024, compared to HKD 92,963,000 in 2023, indicating a decline[28] - The retail fashion and accessories segment saw a revenue decline of 36%, from HKD 86,867,000 in 2023 to HKD 55,964,000 in 2024[51] Asset and Equity Changes - Non-current assets totaled HKD 437,622,000, down from HKD 482,428,000, indicating a decrease of approximately 9.3%[6] - Current assets decreased to HKD 600,177,000 from HKD 621,907,000, representing a decline of about 3.5%[6] - The company's total equity stood at HKD 1,023,989,000, down from HKD 1,067,607,000, reflecting a decrease of approximately 4.1%[7] - The total carrying value of the financial instruments investment portfolio decreased to HKD 388.77 million as of December 31, 2024, down from HKD 525.37 million in 2023, representing approximately 37.5% of total assets[66] Operational Changes - The group ceased operations of its holiday center and club business on June 16, 2024, and the financial data for these discontinued operations is no longer reviewed by senior management[20] - The company has ceased operations of its club business effective June 6, 2024, due to ongoing losses, which will no longer be included in operational segments[36] - The closure of the flagship store in Central led to the opening of a new pop-up store in Causeway Bay, although online sales revenue halved compared to the previous year[63] Cost Management - The cost of sales for the year 2024 was HKD 24,669,000, a decrease from HKD 49,257,000 in 2023, indicating a reduction in operational costs[34] - Selling and distribution expenses decreased by 29% to HKD 22,813,000 in 2024, primarily due to the closure of retail stores leading to reduced rental and employee costs[58] - Administrative expenses decreased by 17% to HKD 38,612,000 in 2024, mainly due to cost control measures and a reduction in board member numbers[58] - Cost reduction measures implemented in 2024 will extend into 2025 to minimize fixed operating costs[90] Investment Performance - The group’s investment portfolio generated a net realized and unrealized income of HKD 23,415,000 for the year ending December 31, 2024, down from HKD 27,681,000 in 2023[55] - The investment division recorded a segment profit of HKD 8,088,000 in 2024, compared to HKD 10,027,000 in 2023[55] - The total investment in ACIF IV reached HKD 30,044,000, with a capital value of HKD 27,297,000, leading to a net loss of HKD 599,000 for the year[81] Market Conditions - The retail market in Hong Kong faced significant challenges, impacting luxury brand sales due to reduced tourist numbers and changing consumer spending behavior[62] - Financial markets are expected to remain highly volatile in the coming year due to uncertainties from new government policies in the U.S., impacting investment market returns[92] Compliance and Reporting - The company has submitted its consolidated financial statements for the year ending December 31, 2023, in accordance with Hong Kong law[8] - The auditor has reported that there are no reservations or emphasis of matter in the audit report for the consolidated financial statements for the two years[9] - The consolidated financial statements have been prepared in accordance with the applicable Hong Kong Financial Reporting Standards[11] - The company is in compliance with the disclosure requirements of the Listing Rules of the Hong Kong Stock Exchange[11]

Financial Performance - Total revenue for the first half of 2024 was HKD 43,620,000, a decrease of HKD 10,907,000 or 20% compared to HKD 54,527,000 in the same period last year[3]. - Retail fashion and accessories revenue dropped to HKD 34,840,000, down 21% from HKD 43,867,000 year-on-year[4]. - The operating loss for the group was HKD 6,585,000, a significant increase of 213% from a loss of HKD 2,102,000 in the previous year[4]. - The loss attributable to owners for the first half of 2024 was HKD 14,198,000, compared to a loss of HKD 8,548,000 in the same period last year, representing a 74% increase[3]. - The retail segment experienced a 19% decrease in sales, with online sales dropping by 45% compared to the first half of 2023[6]. - The group's overall revenue and gross profit from continuing operations decreased by HKD 10,907,000 (20%) and HKD 6,665,000 (20%), respectively, primarily due to reduced sales in the fashion and retail business[8]. - Gross profit for the same period was HKD 26,299,000, down 20.1% from HKD 32,964,000 in 2023[45]. - Loss before tax for the period was HKD 8,104,000, compared to a loss of HKD 2,427,000 in the previous year, reflecting a significant increase in losses[45]. - Total comprehensive loss for the six months was HKD 37,586,000, compared to HKD 53,232,000 in 2023, indicating a reduction in overall losses[47]. Investment Performance - The group's investment properties recorded a net loss of HKD 1,100,000, a decline of 467% from a gain of HKD 300,000 in the previous year[4]. - The group's net realized and unrealized gains for the six months ended June 30, 2024, amounted to HKD 8,103,000, a decrease from HKD 11,809,000 in 2023, with interest and dividend income at HKD 6,050,000 compared to HKD 8,465,000 in 2023[7]. - The group's investment portfolio's total carrying value was HKD 502,954,000 as of June 30, 2024, down from HKD 525,371,000 at the end of 2023, representing approximately 47.7% of total assets[12]. - The group recorded an unrealized fair value loss of HKD 10,842,000 from its private equity fund investment in Asia China Investment Fund III during the first half of 2024[7]. - The total investment value in private equity funds decreased to HKD 37,394,000 as of June 30, 2024, down from HKD 49,822,000 as of December 31, 2023, resulting in a net loss of HKD 12,752,000 for the six months ended June 30, 2024[23]. - The Group's investment in China Motor Corporation recorded a net loss of HKD 1,133,000 for the six months ended June 30, 2024, compared to a net loss of HKD 85,000 in the same period of 2023[22]. - The fair value of the group's investment portfolio in marketable securities was HKD 289,118,000 as of June 30, 2024, representing approximately 27.4% of total assets[14]. Operational Changes - The group plans to close the Cheung Tat Country Club to mitigate ongoing losses, aligning with shareholder interests[3]. - The group plans to open a new store in Lee Garden Two, Causeway Bay, Hong Kong, in early September 2024, following the closure of the flagship store[10]. - The group plans to close its flagship store in Central Hong Kong by September 30, 2024, which is not expected to have a significant impact on the financial statements[39]. - The group terminated its resort and club business on June 16, 2024, and the related financial data is no longer reviewed by management[62]. Cash and Liquidity - As of June 30, 2024, the group's cash and non-collateral deposits amounted to HKD 116,953,000, an increase from HKD 109,576,000 as of December 31, 2023[37]. - Cash and cash equivalents increased to HKD 93,613,000 from HKD 87,622,000, marking an increase of approximately 6.8%[50]. - The net cash generated from operating activities for the six months ended June 30, 2024, was HKD 20,087,000, a significant improvement from a net cash outflow of HKD 930,000 in the same period last year[50]. - Total borrowings and lease liabilities were HKD 2,062,000 and HKD 4,593,000 respectively, down from HKD 5,079,000 and HKD 8,396,000 as of December 31, 2023[37]. - The group's debt-to-equity ratio was 0.6% as of June 30, 2024, compared to 1.3% as of December 31, 2023[37]. - The current ratio remained strong at 25.9 times as of June 30, 2024, compared to 16.9 times as of December 31, 2023[37]. Shareholder Information - As of June 30, 2024, major shareholders include Solution Bridge Limited with 408,757,642 shares (24.76%) and Diamond Leaf Limited with 162,216,503 shares (9.83%) [100]. - Parasia Limited and Huamao Group Holdings Limited each hold 570,974,145 shares, representing 34.59% of the company [100]. - The total shares held by Mr. Zhuang Rijie and Mr. Huang Dewei, as trustees, amount to 730,974,145 shares, which is 44.28% of the company [101]. Governance and Compliance - The company has adhered to all corporate governance codes as per the listing rules during the six-month period ending June 30, 2024 [104]. - The interim financial statements for the six months ending June 30, 2024, were reviewed by external auditors and the audit committee [106]. - The company has implemented a comprehensive code of conduct for all employees, including executive directors, to ensure compliance and ethical behavior[41]. Future Outlook - The group continues to focus on property land exchange applications, working closely with relevant government departments to expedite the process[34]. - The group has maintained a prudent strategy for cash management and foreign exchange risk, regularly reviewing its financial position[36]. - The group expects that the amendments to Hong Kong Financial Reporting Standard No. 21 will not have a significant impact on the consolidated financial statements[56].

香 港 交 易 及 結 算 所 有 限 公 司 及 香 港 聯 合 交 易 所 有 限 公 司 對 本 公 佈 之 內 容 概 不 負 責，對 其 準 確 性 或 完 整 性 亦 不 發 表 任 何 聲 明，並 明 確 表 示 概 不 就 本 公 佈 全 部 或 任 何 部 分 內 容 而 產 生 或 因 依 賴 該 等 內 容 而 引 致 之 任 何 損 失 承 擔 任 何 責 任 。 ENM HOLDINGS LIMITED 安 寧 控 股 有 限 公 司 （於 香 港成 立 之有 限公 司 ） （股份代號： 00128） 截至二零二四年六月三十日止六個月 中期業績公佈 安寧 控 股有 限 公司（「 本 公司 」）董 事 會（「 董事 會 」）謹 此呈 報 本公 司 及 其附 屬 公司（ 統稱「 本集 團 」）截 至二 零 二四 年 六月 三 十日 止六 個 月之 未 經 審核 簡 明綜 合 中期 業績 ， 連同 二 零 二 三年 同 期之 未 經審 核比 較 數字 。 本 公 佈 下 文 所 載 之 財 務 資 料 乃 從 截 至 二 零 二 四 年 六 月 三 十 日 止 六 個 月 的 簡 明 綜 ...

目 錄 2 董事會報告 8 行政總裁報告 29 董事簡介 33 高級管理層簡介 34 企業管治報告 56 企業社會責任報告 77 獨立核數師報告 83 綜合損益表 84 綜合損益及其他全面收入表 85 綜合財務狀況表 87 綜合權益變動表 88 綜合現金流量表 90 綜合財務報表附註 154 投資物業詳情 155 五年財務摘要 156 公司資料 董事會報告 董事提呈安寧控股有限公司（「本公司」）及其附屬公司（統稱「本集團」）截至二零二三年十二月三十一日止年度之董事會報告及 經審核綜合財務報表。 主要業務 本公司之主要業務為投資控股及證券買賣。附屬公司之主要業務為零售時裝及飾物、經營渡假中心及俱樂部、投資控股及證 券買賣。 業務回顧 第 8 至 28頁之「行政總裁報告」提供本集團營運之中肯審視、運用財務主要績效指標進行之分析、本集團業務未來可能發展之 指示、本集團所面對之主要風險及不明朗因素之描述、自截至二零二三年十二月三十一日止年度以來發生之重大事項詳情以 及本集團遵守該等對本集團產生重大影響之相關法律及規例之滙報。本集團環境政策及表現之討論、本集團與其僱員、客戶 及供應商的重要關係之描述以及社會投資載於第5 ...

ENM HOLDINGS LIMITED 安 寧 控 股 有 限 公 司 （於 香 港成 立 之有 限公 司 ） （股份代號：00128） 1 香 港 交 易 及 結 算 所 有 限 公 司 及 香 港 聯 合 交 易 所 有 限 公 司 對 本 公 佈 之 內 容 概 不 負 責 ， 對 其 準 確 性 或 完 整 性 亦 不 發 表 任 何 聲 明 ， 並 明 確 表 示 概 不 就 本 公 佈 全 部 或 任 何 部 分 內 容 而 產 生 或 因 依 賴 該 等 內 容 而 引 致 之 任 何損失承擔任何責任。 | --- | --- | --- | --- | |-------------------------------------------------------------------------------------|-------|-----------------|-------------------------------------| | | 附註 | 二 零 二 三 | 年 二零 二 二年 | | | | 千港元 千港 元 | | | 收 入 5 | | | 120,836 ...

16. 關聯人士之交易（續） (b) 本集團主要管理人員之報酬： | --- | --- | --- | |------------------------------|-------------------------------------|--------------| | | 截至六月三十日止六個月 \n二零二三年 | 二零二二年 | | | 千港元 | 千港元 | | | （未經審核） | （未經審核） | | 短期僱員福利 | 5,167 | 5,430 | | 退休金計劃供款 | 36 | 41 | | 支付予主要管理人員之報酬總額 | 5,203 | 5,471 | 17. 資本承擔 本集團於報告期末之資本承擔如下： | --- | --- | --- | |---------------------------------------------------------|--------------|----------------| | | 二零二三年 | 二零二二年 | | | 六月三十日 | 十二月三十一日 | | | 千港元 | 千港元 | | | （未經審核） | （經審核） | ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公佈之內容概不負 責，對其準確性或完整性亦不發表任何聲明，並明確表示概不就本公佈全部或任 何部分內容而產生或因依賴該等內容而引致之任何損失承擔任何責任。 ENM HOLDINGS LIMITED 安 寧 控 股 有 限 公 司 （於香港成立之有限公司） （股份代號：00128） 截至二零二三年六月三十日止六個月 中期業績公佈 安寧控股有限公司（「本公司」）董事會（「董事會」）謹此呈報本公司及 其附屬公司（統稱「本集團」）截至二零二三年六月三十日止六個月之未經 審核簡明綜合中期業績，連同二零二二年同期之未經審核比較數字。 本公佈下文所載之財務資料乃從截至二零二三年六月三十日止六個月的簡 明綜合財務報表中摘錄。該簡明綜合財務報表並未經審核，惟經本公司外 聘核數師羅申美會計師事務所按照香港會計師公會頒佈之香港審閱工作準 則第 2410 號「實體的獨立核數師對中期財務資料之審閱」進行審閱，其未 經修訂之審閱報告將刊載於即將寄發予股東之中期報告內。此外，截至二 零二三年六月三十日止六個月之簡明綜合財務報表亦經本公司審核委員會 審閱。 ...

安 寧 控 股 有 限 公 司 ENM Holdings Limited 股份代號：00128 SWANK 目錄 董事會報告 主要業務 ENII 2022 年 報 liza | --- | --- | |-------|--------------------------| | | | | 2 | 董事會報告 | | 8 | 行政總裁報告 | | 31 | 董事簡介 | | 35 | 高級管理層簡介 | | 36 | 企業管治報告 | | 57 | 企業社會責任報告 | | 79 | 獨立核數師報告 | | 85 | 綜合損益表 | | 86 | 綜合損益及其他全面收入表 | | 87 | 綜合財務狀況表 | | 89 | 綜合權益變動表 | | 90 | 綜合現金流量表 | | 92 | 綜合財務報表附註 | | 158 | 投資物業詳情 | | 159 | 五年財務摘要 | | 160 | 公司資料 | 董事提呈安寧控股有限公司（「本公司」）及其附屬公司（統稱「本集團」）截至二零二二年十二月三十一日止年度之董事會報告及 經審核綜合財務報表。 本公司之主要業務為投資控股及證券買賣。附屬公司之主要業務為零售時 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公佈之內 容概不負責，對其準確性或完整性亦不發表任何聲明，並明確表示概 不就本公佈全部或任何部分內容而產生或因依賴該等內容而引致之任 何損失承擔任何責任。 ENM HOLDINGS LIMITED 安 寧 控 股 有 限 公 司 （於香港成立之有限公司） （股份代號：00128） 截至二零二二年十二月三十一日止年度 全年業績公佈 安寧控股有限公司（「本公司」）董事會（「董事會」）謹此呈報本公司及 其附屬公司（統稱「本集團」）截至二零二二年十二月三十一日止年度之經 審核綜合業績，連同往年之比較數字。 綜合損益表 截至二零二二年十二月三十一日止年度 附註 二零二二年 二零二一年 千港元 千港元 收入 5 94,387 109,501 銷售成本 (41,122) (40,927) 毛利 53,265 68,574 ...