Corporate Governance - The board of directors held five meetings in 2022 with an average attendance rate of 93%[3] - The audit committee and remuneration committee are chaired by independent non-executive directors to ensure independent perspectives[8] - The board is responsible for monitoring and implementing effective risk management and internal control systems[1] - The board has reviewed corporate governance practices and confirmed compliance with the Corporate Governance Code during the year ended December 31, 2022[48] - The company has implemented the Corporate Governance Code within its governance framework, delegating responsibilities to the audit committee[70] - Independent non-executive directors confirmed their independence in accordance with the listing rules, and the company considers them independent as of December 31, 2022[76] - The board is responsible for selecting, appointing, and reappointing directors, with the nomination committee tasked with reviewing board composition[69] - The chairman and CEO positions are held by separate individuals to enhance independence and accountability[83] - The company has established a shareholder communication policy to ensure shareholders receive relevant information to exercise their rights[74] - The board consists of two female members, representing 22% of the total board members, aligning with the company's diversity policy[63] - The company aims to maintain a gender diversity ratio of at least 20% on the board and is committed to gradually increasing the proportion of female members[78] - The board has adopted a revised diversity policy, considering various factors such as skills, industry experience, and gender in its composition[78] Financial Performance - Revenue increased by 7% to HKD 1,462,864,000 compared to HKD 1,361,840,000 in the previous year[99] - Core operating profit decreased by 4% to HKD 83,758,000 from HKD 87,663,000 year-on-year[99] - The company reported a 9% decline in profit attributable to shareholders from continuing operations, totaling HKD 67,785,000 compared to HKD 74,399,000 in the previous year[99] - The company maintains a strong financial position with net cash of HKD 257,000,000 and no bank borrowings[100] - The company aims for double-digit stable growth in revenue and profit over the next three years, focusing on expanding its store network in Hong Kong and the Greater Bay Area[100] - The company declared a final dividend of HKD 0.05 per share[107] - The dividend payout ratio was reported at 169.1%, indicating a strong return to shareholders[194] - Basic earnings per share from continuing operations decreased by 9.4% to HKD 0.087[176] - In 2022, the company achieved earnings per share (EPS) of 450 HKD cents, representing a year-on-year increase of 600%[194] - The total equity return was reported at 542.5% for the year, indicating strong financial performance[194] Risk Management and Compliance - The company has established a risk management and internal control framework with three levels of oversight[23] - The audit committee conducted an annual review of the effectiveness of the group's risk management and internal control systems, confirming they are established, sufficient, and effective[46] - The company has implemented measures to manage financial risks, including foreign exchange, credit, liquidity, and interest rate risks[40] - The company has adopted a policy to handle and disclose inside information, ensuring confidentiality until timely disclosure is made[45] - The company maintains a zero-tolerance approach towards bribery and emphasizes ethical standards across all operational areas[41] - The internal audit function is overseen by the governance department, ensuring compliance with established policies and procedures[42] - There were no significant breaches of the Code of Conduct and Business Ethics reported in 2022 that could impact the company's operations[26] Operational Performance - The total number of stores increased to 174, up from 153, with 19 new stores opened in Hong Kong and Macau during the year[100][106] - The company achieved high single-digit sales growth due to store network expansion, despite a slight decline in comparable same-store sales[127] - The company has opened three new Mon cher stores in Japan, enhancing its presence in the premium cake market[130] - The "corporate-to-corporate" business segment has shown satisfactory growth, supplying products to two major retail chains[127] - The company has implemented measures to ensure a safe working environment amid the COVID-19 pandemic, including employee training and regular disinfection of facilities[190] - The company is focused on sustainable business practices and corporate social responsibility, aligning its values with its operational culture[199] - The company plans to explore new sustainable long-term business opportunities in the Greater Bay Area[200] Strategic Initiatives - The company has implemented a three-year business plan and annual budget, with quarterly reviews of operational and financial performance[25] - The company plans to continue expanding its store network and enhance its digital marketing efforts on platforms like Douyin and WeChat to boost sales[122] - The group is actively seeking surrounding business and acquisition opportunities to increase revenue sources and expand its footprint[115] - The company is actively exploring acquisition targets to enhance brand value and achieve synergies[147] - The company has implemented energy-saving measures, including installing LED lights and energy-efficient glass, as part of its commitment to corporate responsibility[1] - The company plans to enhance its "online-to-offline" customer relationship management platform to improve digital experience[173] Employee and Community Engagement - The company has been recognized with the "10-year Plus Caring Company" logo by the Hong Kong Council of Social Service, reflecting its commitment to community and employee care[191] - Female employees, including senior management, accounted for 63% of the total workforce as of December 31, 2022, reflecting the nature of the retail and bakery industry[64] - The company is focused on maintaining a strong employer brand and supporting employee development amid rising operational costs[115] - The company provides regular training for directors to ensure compliance with new regulations and to promote ongoing professional development[35]

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，並明確表示概不就因本公佈全部或任何部分內容而產生或因倚賴該等內容而引 致之任何損失承擔任何責任。 CONVENIENCE RETAIL ASIA LIMITED 利亞零售有限公司 （於開曼群島註冊成立之有限公司） （股份代號：00831） 業績公佈 截至二零二二年十二月三十一日止年度 財務摘要 二零二二年 二零二一年 變動 千港元 千港元 • 收益 +7% 1,462,864 1,361,840 • 核心經營溢利 -4% 83,758 87,663 • 核心經營溢利 (包括租賃負債利息開支) -6% 76,843 81,627 • 公司股東應佔溢利 ...

Revenue and Profit Performance - Revenue for the first half of 2022 increased by 11.1% to HKD 674,211,000 compared to HKD 606,945,000 in 2021[33] - Core operating profit rose by 10.7% to HKD 22,417,000 from HKD 20,251,000 year-on-year[33] - The company reported a decrease of 27.2% in profit from discontinued operations, down to HKD 16,690,000 from HKD 22,912,000[33] - The company experienced a 1.5% decline in profit from continuing operations, which was HKD 16,690,000 compared to HKD 16,941,000 in the previous year[33] - Gross profit for the same period was HKD 327,342 thousand, up from HKD 301,616 thousand, indicating an increase of 8.5%[108] - The net profit attributable to shareholders decreased to HKD 16,690 thousand from HKD 22,912 thousand, a decline of 27.2%[114] - Basic earnings per share for continuing operations remained stable at 2.2 HKD cents, while total earnings per share dropped from 3.0 HKD cents to 2.2 HKD cents[108] Cash Position and Dividends - The company maintained a net cash position of HKD 181,000,000 with no bank borrowings[34] - The company declared an interim dividend of HKD 0.02 per share, consistent with the previous year[34] - Cash and cash equivalents decreased to HKD 180,382 thousand from HKD 290,285 thousand, a decline of 37.9%[123] - The proposed interim dividend per share remains at HKD 0.02, consistent with the previous year, amounting to HKD 15,525,000[164] Store Network and Expansion - The number of stores under the group increased to 164 as of June 30, 2022, compared to 153 on December 31, 2021[41] - The group operates 119 Saint Anna stores in Hong Kong and Macau as of June 30, 2022, up from 95 stores at the end of the first half of 2021[52] - The company remains cautiously optimistic about the second half of the year, focusing on expanding its store network in Hong Kong and the Greater Bay Area[34] - The group plans to explore development opportunities in the Greater Bay Area through network expansion and potential franchising arrangements[48] - The company plans to continue expanding the store network for Saint Anna, Zoff, and Mon cher in Hong Kong and Macau, exploring franchising opportunities in the Greater Bay Area[63] Operational Challenges and Cost Management - Despite challenges from the COVID-19 pandemic, the company achieved double-digit revenue growth due to store network expansion and successful sales promotions[34] - The company faced significant risks from the pandemic, inflation, and supply chain disruptions, prompting measures to control costs and streamline operations[34] - The group has implemented cost control measures and is reviewing retail pricing to maintain competitiveness amid rising operational costs[48] - Gross profit margin decreased by 1.1 percentage points to 48.6% due to rising food and production costs, prompting the company to implement productivity enhancements and price adjustments[65] Marketing and Customer Engagement - The group has successfully recruited over 100,000 members for the "Saint Anna Cake Online" app, enhancing customer experience and driving foot traffic to physical stores[55] - The group has launched innovative marketing campaigns that contributed to sales growth for the Saint Anna and Zoff brands in the latter half of the review period[51] - The company successfully utilized the government's consumption voucher scheme, with approximately 70% of Zoff's sales during the promotional period attributed to new customer acquisition[59] - The group has partnered with major online food ordering platforms in Guangzhou, increasing brand exposure to nearly 10,000 people weekly[56] Corporate Governance and Shareholder Information - The company has adhered to the corporate governance principles, ensuring transparency, accountability, and independence during the six months ending June 30, 2022[73] - The audit committee is responsible for reviewing the group's financial reporting, risk management, and internal controls, ensuring compliance with the relevant regulations[77] - The board of directors is composed of one non-executive chairman, four non-executive directors, three independent non-executive directors, and one executive director, promoting independence and accountability[74] - The company has established a risk management and internal control system that is deemed adequate and effective, providing reasonable assurance regarding the safeguarding of assets and reliability of financial reporting[83] - The company has a dedicated investor relations policy to enhance communication transparency with investors and the public[84] Shareholder Structure and Equity - As of June 30, 2022, the total number of shares held by Dr. Feng Guo Lun is 340,292,000, representing approximately 43.84% of the total equity[86] - HSBC Trustee (C.I.) Limited holds 311,792,000 shares, accounting for about 40.17% of the equity[90] - Standard Life Aberdeen plc holds 93,020,000 shares, which is approximately 11.98% of the equity[90] - FIL Limited and its affiliates each hold 71,204,000 shares, representing about 9.17% of the equity[90] - The company’s major shareholders include Dr. Feng Guo Lun and his family, who collectively control 50% of King Lun Holdings Limited[88] Employee Costs and Compensation - Employee costs for the first half of 2022 totaled HKD 205 million, down from HKD 234 million in the same period last year[69] - Total management compensation increased to HKD 9,511,000 in the first half of 2022, up from HKD 8,340,000 in 2021, reflecting a 14% increase[183] - The total remuneration for bonuses rose significantly to HKD 3,263,000 in 2022 from HKD 2,484,000 in 2021, marking a 31% increase[183] - Employee stock option benefits were recorded at HKD 168,000 in 2022, a new addition compared to zero in 2021[183] - The retirement cost under the defined contribution plan decreased slightly to HKD 27,000 in 2022 from HKD 36,000 in 2021[183]

Financial Performance - Revenue increased by 14% to HKD 1,361,840,000 compared to HKD 1,191,701,000 in the previous year[6] - Core operating profit rose by 30% to HKD 87,663,000 from HKD 67,456,000 year-on-year[6] - The company achieved a net cash position of HKD 290,000,000 with no bank borrowings[7] - The gross profit margin decreased by 3.5 percentage points to 50.1%, primarily due to the appreciation of the RMB affecting manufacturing costs[44] - Basic earnings per share from continuing operations increased by 20% to HKD 0.096, while earnings including discontinued operations decreased by 97% to HKD 0.104[45] - The company's net profit reached HKD 80 million, with a compound annual growth rate (CAGR) of 36.0%[52] - EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) was HKD 140 million, reflecting a CAGR of 13.9%[54] - Gross profit and other income amounted to HKD 800 million, with a CAGR of 6.6%[56] - Earnings per share (EPS) increased significantly, with a total equity return of 600%[59] Store Expansion and Network - The number of "Saint Anna" stores reached 100 in Hong Kong, marking a significant milestone[7] - The company plans to continue expanding its store network in Hong Kong and Macau in the short to medium term[15] - In 2021, the group opened 19 new Saint Anna stores in Hong Kong and Macau, ending the year with a total of 110 stores, an increase of 17 stores compared to the previous year[24] - The group plans to continue expanding its store network in Hong Kong and Macau, targeting double-digit growth in sales revenue[41] - The company operates 136 stores under the Saint Anna brand across Hong Kong, Macau, and Guangzhou[62] Customer Engagement and Membership - Membership for the "Saint Anna Cake Online" program exceeded 1,000,000, reflecting strong customer engagement[15] - The online-to-offline customer relationship management platform "Saint Anna Cake Online" reached a milestone of 1,000,000 members by the end of the year[24][32] - Saint Anna recorded double-digit sales growth in 2021, driven by improved consumer sentiment and increased foot traffic, with comparable same-store sales achieving single-digit growth[24] Product Development and Innovation - The group successfully launched several new products in 2021, including the "Knock Cake" and "Crown Cake" series, which were well received by customers[27] - New product launches are anticipated to contribute an additional C million in revenue, with a focus on expanding the product line in the D market[192] Strategic Partnerships and B2B Development - The company is developing its B2B business and has established a partnership with a major supermarket chain for quality product supply[15] - The group established a strategic partnership with a major supermarket in Hong Kong, resulting in significant growth in the "business-to-business" segment in terms of production and sales[27] - The group aims to enhance its "business-to-business" operations to diversify revenue sources and reduce seasonal dependency[41] Corporate Governance and Board Structure - The board of directors consists of a non-executive chairman, one executive director, three independent non-executive directors, and four non-executive directors, ensuring a diverse range of skills and experiences[76] - The board has adopted a diversity policy, considering various factors such as skills, industry experience, and gender to maintain a balanced composition[83] - The board conducted an annual performance evaluation through a survey, indicating satisfactory operations and effective governance practices[86] - The board is responsible for the risk management and internal control systems, which are reviewed for effectiveness by the audit committee[147] Sustainability and Social Responsibility - The company emphasizes a customer-centric business model and continuous investment in brand development and supply chain management[62] - The group follows the UN Global Compact principles on human rights, labor, anti-corruption, and environmental protection, focusing on sustainable operations through the "Three Rs" (Reduce, Reuse, Recycle)[71] - The group received the "10 Years Plus Caring Company" logo from the Hong Kong Council of Social Service, recognizing its commitment to community, employees, and the environment[71] - The management team emphasized a commitment to sustainability, with plans to reduce carbon emissions by L% over the next five years[192] Future Outlook and Guidance - The company provided guidance for the next fiscal year, projecting revenue growth of A% and an expected EBITDA margin of B%[192] - Market expansion plans include entering F new regions, with an estimated investment of G million to establish a presence in these markets[192] - The company is considering strategic acquisitions to bolster its market position, with potential targets identified in the H sector[192] Dividend and Shareholder Communication - The board declared a final dividend of HKD 0.05 per share[7] - The company promotes transparency in investor relations through regular communication activities, including meetings and presentations to analysts[181] - Voting results from the annual general meeting are published on the stock exchange and the company's website on the same day[183]

Convenience Retail Asia Limited 利亞零售有限公司 (於開曼群島註冊成立之有限公司) 股份代號: 00831 2021 中期 報告 图聖安娜餅屋 參 Mongor Zoff 馮氏零售成員 目錄 公司資料 2 摘要 4 主席報告 6 行政總裁報告 8 討論及分析 12 企業管治 14 其他資料 18 簡明綜合損益表 24 簡明綜合全面收入表 25 簡明綜合資產負債表 26 簡明綜合權益變動表 27 簡明綜合現金流量表 28 簡明綜合中期財務資料附註 29 1 利亞零售有限公司 二零二一年中期業績報告 公司資料 執行董事 楊立彬（行政總裁） 非執行董事 馮國綸 #+（主席） Godfrey Ernest SCOTCHBROOK * 鄭有德 * 馮詠儀 馮裕銘 獨立非執行董事 羅啟耀 #* 張鴻義 #+* 廖秀冬 +* 集團監察及風險管理總裁 楊志威 公司秘書 李秀萍 註冊辦事處 Second Floor, Century Yard Cricket Square, P.O. Box 902 Grand Cayman, KY1-1103 Cayman Islands 總辦事處及主要營業地 ...

Convenience Retail Asia Limited 利亞零售有限公司 (於開曼群島註冊成立之有限公司) 股份代號: 00831 2020 年 報 ഒ聖安娜餅屋 戀Moreher Zoff C 3 以用後隨料再造紙張印製 利亞零售榮獲香港會計師公會「最佳企業管治大獎2020」頒發非恒指成份 股（小市值）組別「金獎」 目錄 | --- | --- | |----------------------|-------| | | | | | | | 公司資料 | 2 | | 摘要 | 3 | | 主席報告 | 5 | | 行政總裁報告 | 8 | | 管理層討論及分析 | 15 | | 企業管治報告 | 21 | | 董事及高級管理層簡歷 | 42 | | 投資者資訊 | 47 | | 董事會報告 | 48 | | 獨立核數師報告 | 61 | | 綜合損益表 | 67 | | 綜合全面收入表 | 68 | | 綜合資產負債表 | 69 | | 綜合權益變動表 | 71 | | 綜合現金流量表 | 72 | | 綜合財務報表附註 | 73 | | 五年財務摘要 | 136 | 利亞零售有限公司 二零二零年年 ...

Convenience Retail Asia Limited 利亞零售有限公司 (於開曼群島註冊成立之有限公司) 股份代號: 00831 2020 中期 報告 《 Circle K Zoff 手配B 4 以用後盤料再造纸張印製 目錄 公司資料 2 摘要 4 主席報告 6 行政總裁報告 9 討論及分析 14 企業管治 16 其他資料 21 簡明綜合損益表 28 簡明綜合全面收入表 29 簡明綜合資產負債表 30 簡明綜合權益變動表 31 簡明綜合現金流量表 32 簡明綜合中期財務資料附註 33 1 利亞零售有限公司 二零二零年中期業績報告 公司資料 | --- | --- | |------------------------|-----------------------------------------| | | | | 執行董事 | 楊立彬 （行政總裁） | | | 白志堅 （營運總監） | | 非執行董事 | 馮國經 # （主席） | | | 馮國綸 + | | | Godfrey Ernest SCOTCHBROOK * 鄭有德 * | | 獨立非執行董事 | 羅啟耀 # * | | | 張鴻義 ...

| --- | --- | --- | |--------------------------------------------------|-------|-------| | | | | | convenienceRetail Asia | | | | Convenience Retail Asia Limited 利亞零售有限公司 | | | | (於開曼群島註冊成立之有限公司) 股份代號：00831 | | | | xx 2019 %: | | | | Zoff ® Circle K 图 雷 查 娜 餅 롤 | | FCBB | 馮氏零售成員 8 以用後廢料再造紙張印製 Zoff繼續迅速擴展，於知名地標利舞臺廣場開設新店。 目錄 | --- | --- | |----------------------|-------| | | | | | | | 公司資料 | 2 | | 摘要 | 3 | | 主席報告 | 5 | | 行政總裁報告 | 8 | | 管理層討論及分析 | 14 | | 企業管治報告 | 20 | | 董事及高級管理層簡歷 | 40 | | 投資者資訊 | 45 | | 董事會報告 ...

(Incorporated in the Cayman Islands with limited liability) Stock Code: 00831 INTERIM REPORT 2019 Convenience Retail Asia Limited 利亞零售有限公司 (於開曼群島註冊成立之有限公司) 股份代號 : 00831 中期報告 2019 國CircleＫ 蠡聖安娜餅屋 Zoff 4 以用後廢料再造紙張印製 目錄 公司資料 2 摘要 4 主席報告 6 行政總裁報告 8 討論及分析 13 企業管治 15 其他資料 20 簡明綜合損益表 27 簡明綜合全面收入表 28 簡明綜合資產負債表 29 簡明綜合權益變動表 30 簡明綜合現金流量表 31 簡明綜合中期財務資料附註 32 1 利亞零售有限公司 二零一九年中期業績報告 公司資料 執行董事 楊立彬（行政總裁） 白志堅（營運總監） 非執行董事 馮國經（主席） # 馮國綸 + Godfrey Ernest SCOTCHBROOK * 鄭有德 * 獨立非執行董事 區文中 +* 羅啟耀 #* 張鴻義 #+* 廖秀冬 + 集團監察及風險管理總裁 楊志威 公 ...

convenience Retail Asia Convenience Retail Asia Limited 利亞零售有限公司 (於開曼群島註冊成立之有限公司) 股份代號：00831 2018 K. 额 ® Circle K 图 雷 查 娜 餅 롤 Zoff FCBB 馮氏零售成員 8 以用後廢料再造紙張印製 日本女演員水原希子小姐（中右）主持Zoff朗豪坊店舖的盛大開幕活動。 目錄 | --- | --- | |----------------------|-------| | | | | | | | 公司資料 | 2 | | 摘要 | 3 | | 主席報告 | 5 | | 行政總裁報告 | 8 | | 管理層討論及分析 | 15 | | 企業管治報告 | 22 | | 董事及高級管理層簡歷 | 42 | | 投資者資訊 | 47 | | 董事會報告 | 48 | | 獨立核數師報告 | 62 | | 綜合損益表 | 68 | | 綜合全面收入表 | 69 | | 綜合資產負債表 | 70 | | 綜合權益變動表 | 72 | | 綜合現金流量表 | 73 | | 綜合財務報表附註 | 74 | | 十年 ...