2024/25 CORPORATE INFORMATION Board of Directors KWEK Leng Hai (Chairman)* CHIU Chao Hsiang, James (Chief Executive Officer)** Christian K. NOTHHAFT* WHANG Sun Tze, Ph.D.* Lester G. HUANG, SBS, JP# HO Yuk Wai, Joan# CHEUNG Man Ying# Board Audit and Risk Management Committee Board Remuneration Committee HONG KONG Lester G. HUANG, SBS, JP (Chairman) KWEK Leng Hai CHEUNG Man Ying Board Nomination Committee KWEK Leng Hai (Chairman) HO Yuk Wai, Joan CHEUNG Man Ying Chief Financial Officer TSANG Chin Hung, Fanny ...

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的內容概不負責，對其準確性或完整 性亦不發表任何聲明，並明確表示，概不對因本公佈全部或任何部份內容而產生或因倚賴該等內容而 引致的任何損失承擔任何責任。 概要 隨著二零二四年終結，持續的經濟挑戰繼續為全球局勢蒙上陰影。全球經濟增長面對減息速 度可能放緩以及地緣政治更趨緊張之影響。中國國內於二零二四年亦實現不同程度的增長。 多個行業，包括本集團經營所在的領域，均出現激烈的價格競爭情況，消費者在保持謹慎開 支模式的同時，其消費行為也因價格競爭而持續轉變。 面對市場挑戰，我們在全面推進成本節約計劃的同時，本集團的食品及家居護理分部亦透過 針對性的研發策略，持續專注優化產品和組合。這不僅讓我們有效應對市場變化，加強我們 在核心市場的地位，亦有助我們開拓新機遇。此外，我們堅定執行策略以鞏固我們於高端市 場的地位，確保產品差異化以支持價格韌性及維持我們的利潤率。加上受惠商品價格於期內 良好的走勢和供應穩定，本集團於二零二四╱二五財政年度上半年實現利潤增長，並維持強 勁現金流。 - 1 - 南 順 ( 香 港 ) 有限公司 財務業績概要 (於香港註冊成立之有限公司) ...

Financial Performance - Revenue for 2024 decreased to HK$4,838 million, down 5.5% from HK$5,119 million in 2023[9] - Gross profit margin improved to 21% in 2024, compared to 17% in 2023[9] - Profit for the year increased significantly to HK$201 million in 2024, up from HK$85 million in 2023[9] - Total assets rose to HK$3,546 million in 2024, an increase from HK$3,425 million in 2023[10] - Total equity increased to HK$2,904 million in 2024, compared to HK$2,786 million in 2023[10] - Basic earnings per share (EPS) for 2024 was HK$2.40, up from HK$1.51 in 2023[8] - Profit before taxation for 2024 was HK$245 million, a significant increase from HK$90 million in 2023[9] - The Group's revenue declined by 5% to HK$4,838 million, while profit increased by 135% to HK$201 million during FY23/24[13] - The Group reported a 5% year-on-year decline in revenue to HK$4,838 million for the financial year ended 30 June 2024, primarily due to a lower average Renminbi exchange rate[27] - Profit for the year increased by 135% to HK$201 million, reflecting improved performance across various segments[49] Dividends - The company declared a dividend per share (DPS) of HK$0.55 for 2024, compared to HK$0.48 in 2023[8] - The total dividend for the year is HK$0.40 per share, comprising a final dividend of HK$0.27 and an interim dividend of HK$0.13[14] - The board proposed a final dividend of HKD 0.27 per share, totaling approximately HKD 65,706,000, alongside an interim dividend of HKD 0.13 per share, resulting in a total dividend of HKD 0.40 per share for the year[172] - The total dividend for the year will amount to HK$0.40 per share, compared to HK$0.30 per share in 2023[167] - The proposed final dividend is subject to shareholder approval at the annual general meeting scheduled for November 8, 2024[173] Business Segments Performance - The Food division showed significant profit improvement, aided by lower raw material costs of wheat and oil, while maintaining a focus on premium segments[18] - The Home Care division achieved stable improvement in both top- and bottom-line performance, supported by geographic expansion and new product categories[19] - Revenue of the Food segment dropped by 7% to HK$4,030 million, with a 4% decline when excluding the impact of Renminbi depreciation[31] - Operating profit of the Food segment surged 263% to HK$190 million compared to the previous financial year[31] - Home Care Division revenue grew by 2% to HK$810 million, with operating profit increasing by 14% to HK$83 million despite softer demand in core markets[40] Strategic Initiatives - The company aims to enhance its market presence and product offerings in the coming years[6] - The management is prioritizing targeted growth in premium segments, cost control, and risk management in response to geopolitical tensions and commodity price fluctuations[21] - The Group aims to focus on premium market growth, cost control, and risk management in a complex market environment[25] - The Group plans to enhance its IT and R&D capabilities to develop breakthrough products and improve margins while reducing exposure to commodity fluctuations[47] - The Group aims to expand its geographical reach and deepen its presence in core markets despite ongoing geopolitical tensions impacting the global economy[46] Governance and Board Composition - Mr. Kwek Leng Hai has been the Chairman of the Company since October 2006 and has extensive experience in finance, investment, manufacturing, and real estate[72] - Mr. Chiu Chao Hsiang, James was appointed as the Chief Executive Officer and Executive Director of the Company in June 2024, bringing over 28 years of experience in the food and beverage sector[73] - The company has a strong board with members holding qualifications from the Hong Kong Institute of Certified Public Accountants and the Chartered Professional Accountants of Canada[76] - The board's diverse expertise includes legal, financial, and operational backgrounds, supporting comprehensive decision-making[75] - The Board composition includes independent non-executive directors, ensuring objectivity and accountability in its operations[75] Risk Management and Compliance - The company emphasizes compliance and internal audit services, reflecting its commitment to governance and risk management[77] - The Group's risk management framework includes monitoring the implementation of action plans and ensuring the risk register is up-to-date[148] - The Company has established procedures for handling inside information, ensuring confidentiality and compliance with the Securities and Futures Ordinance[149] - The Group has implemented a zero-tolerance policy towards fraud, corruption, and unethical actions, ensuring integrity and transparency in operations[121] - The Board is responsible for ensuring proper accounting records are maintained and for preparing the financial statements[145] Sustainability and Innovation - Sustainability initiatives include reducing waste through innovative packaging solutions and adhering to ethical production practices[20] - The Group's commitment to innovation is highlighted by its participation in various industry exhibitions and the introduction of new products[70] - The Group is committed to integrating environmental, social, and governance (ESG) considerations into business operations and strategic decision-making[87] - The BARMC oversees the Company's ESG matters, including monitoring ESG reporting progress and reviewing related risks[142] Employee and Workforce Management - The Group had 1,631 employees as of June 30, 2024, with a remuneration policy that includes annual increments and performance bonuses[60] - The Group aims to enhance the quality of human resources as a core aspect of management excellence[83] - The Group values open communication and collaboration among employees to foster growth and achieve shared objectives[84] Shareholder Communication - The Company maintains a website to provide shareholders with the latest news, financial reports, and corporate governance information[154] - The Group encourages two-way communication with shareholders and provides opportunities for them to seek clarification on the Group's performance[154] - The Board reviewed the effectiveness of the shareholder communication policy during the year ended June 30, 2024[156]

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的內容概不負責，對其準 確性或完整性亦不發表任何聲明，並明確表示，概不對因本公佈全部或任何部份內容而產 生或因倚賴該等內容而引致的任何損失承擔任何責任。 南 順 (香 港 )有限公 司 (於香港註冊成立之有限公司) (股份代號：411) 截至二零二四年六月三十日止年度之 年度業績公佈 | --- | --- | --- | --- | |--------------|-----------------------------------------------|-------------------------------------------|---------------| | 財務摘要 | 截至六月三十日止年度 二零二四年 港幣百萬元 | 二零二三年 港幣百萬元 | (減少) / 增加 | | 收入 | 4,838 | 5,119 | (5%) | | 毛利 | 1,013 | 876 | 16% | | 本年度溢利 | 201 | 85 | 135% | | | 港幣元 | 港幣元 | | | 每股基本盈利 | 0.85 | 0.36 | 13 ...

於二零二三年十二月三十一日，本公司各董事 於本公司或其任何相聯法團（定義見證券及期 貨條例（「證券及期貨條例」）第XV部）擁有須根 據證券及期貨條例第352條規定而設之登記名 冊中所載之股份或有關股本中之淡倉股份、相 關股份及債券之權益及根據香港聯合交易所上 市規則（「上市規則」）之上市公司董事進行證 券交易的標準守則（「標準守則」）附錄十（已於 二零二三年十二月三十一日起重新編號為附錄 C3）所載須知會本公司及香港聯合交易所有限 公司（「港交所」）之權益如下： DIRECTORS' INTERESTS IN SHARES, UNDERLYING SHARES AND DEBENTURES (continued) Notes: Long positions in shares/underlying shares 股份╱相關股份之好倉（續） 32 Lam Soon (Hong Kong) Limited Interim Report 2023/2024 二零二三╱二零二四年中期報告 Number of share options SHARE OPTIONS As at 1 July 2023, there we ...

3. 收入及分部報告（續） 按收入確認時間分類之源自客戶合同的收入，以及有關提供予本集團最高層行政管理 人員之本集團可呈報分部資料載列如下： | --- | --- | --- | --- | --- | --- | --- | |-------------------------------|-----------|-----------------------------------------|----------------------------|------------------------------------------------------------|-----------------------------------------------------------|----------------| | \n 按某個時點作為 | 港幣千元 | 二零二三年 ( | 截至十二月三十一日止六個月 | 未經審核) 二零二二年 \n港幣千元 港幣千元 港幣千元 港幣千元 | (未經審核 \n食品 家居護理 分部總計 食品 家居護理 分部總計 | ) \n 港幣千元 | | 收入確認時間 分 ...

2 0 2 3 得 目: REE P 健康氣良 脚地電量好 A N N U A L R E P O R T 年 報 南順(香港)有限公司 Lam Soon (Hong Kong) Limited A Member of the Hong Leong Group 豐隆集團成員 (Stock Code 股份代號：411) 調油 多少的 h你定 金裝 讓香花生油 多少角数 885 - 90012 * 根據尼爾森IQ於2022年6月訪問122位25-54歲香港女性食油用家的市場調查報告所得。 在0506票量水平工牡惜稱首先止0.07% 在95%置信水平下抽樣誤差為±8.87%。 立即 W 體驗 刀麥好媽媽 Knife Oil Q CONTENTS 目錄 2 Corporate Information 公司資料 4 Collaborated with the Hong Chi Association and provided job opportunities to people with intellectual disabilities. 與匡智會合作，為智障人士提供就業機會。 Participated in "L ...

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的內容概不負責，對其準 確性或完整性亦不發表任何聲明，並明確表示，概不對因本公佈全部或任何部份內容而產 生或因倚賴該等內容而引致的任何損失承擔任何責任。 | --- | --- | --- | --- | |--------------|-----------------------------------------------|--------------------------------------------|--------| | 財務摘要 | 二零二三年 港幣百萬元 | 截至六月三十日止年度 二零二二年 港幣百萬元 | (減少) | | 收入 | 5,119 | 6,107 | (16%) | | 毛利 | 876 | 1,143 | (23%) | | 本年度溢利 | 85 | 257 | (67%) | | | | | | | 每股基本盈利 | 港幣元 0.36 | 港幣元 1.09 | (67%) | | | | | | | 每股股息： | | | | | 中期 | 0.10 | 0.15 | (33%) | | 擬派發末期 | 0. ...

| --- | --- | --- | --- | --- | --- | --- | |-------|----------------------------------------|-------|----------------------------------------|-------|-------|-------| | | | | | | | | | | | | | | | | | | | | | | | t | | 程度 | 超濃縮洗潔精 rus & Levin 柚子柳绿 野女 | 总局 | 超濃縮洗潔 Vace Free 日然加普 好彩票字 | | | | | | 除菌 | | MEE污潰 追蹤技術 | | | | © Copyright Lam Soon (Hong Kong) Limited. All Rights Reserved. The FSC™ logo identifies products which contain wood and virgin fibre from responsible sources certified in accordance with th ...

2 0 2 2 A N N U A L R E P O R T 年 報 得 南順(香港)有限公司 Lam Soon (Hong Kong) Limited A Member of the Hong Leong Group 豐隆集團成員 (Stock Code 股份代號：411) 樓 皇 ROYAL SAKURA 致 敬 大 師 級 烘 焙 全新 NEW 5001 时 障顺侵资産品 ။頁 櫻 탈 目精研 強力小麥粉 日本 【星阳 自尤瑞· fil Not woight - 1 活亮 樓 皇 精 研 強 力 小 麥 粉 代 日 式 麵 粉 品 質 新 標 高吸水率 | 醇濃麥香 | 細膩組織 | 柔軟可口 更多直圆疯狂,及食器 手 盒偉烘焙教室 | Q | --- | --- | --- | |-------|---------------------------------------------------------------------|--------------------------------------------------------------------------| | | | | ...