信和置业(00083) - 2023 - 年度财报

Financial Performance - The group's revenue for 2023 was HKD 11,881,285,263, a decrease of 23.5% compared to HKD 15,554,174,570 in 2022[6] - The underlying operating profit for 2023 was HKD 6,088,207,820, down from HKD 6,530,663,998 in 2022, representing a decline of 6.8%[6] - Profit attributable to shareholders for 2023 was HKD 5,849,379,302, compared to HKD 5,735,396,549 in 2022, showing a slight increase of 2%[6] - Basic earnings per share for 2023 were 76.71 cents, down from 86.58 cents in 2022, reflecting a decrease of 11.5%[6] - The interim dividend for 2023 was maintained at 15.0 cents per share, consistent with the previous year[6] - The final dividend proposed for 2023 is 43.0 cents per share, an increase from 42.0 cents in 2022[6] Market Strategy and Outlook - The company plans to continue its market expansion strategy, focusing on sustainable development initiatives[4] - Future guidance indicates a cautious outlook due to market volatility, with a focus on maintaining profitability and shareholder returns[4] Property Sales and Development - Total revenue from property sales for the fiscal year was HKD 119.373 billion, with significant contributions from completed residential projects[13] - The property sales segment accounted for 44.4% of total revenue, while property leasing contributed 43.9% for the fiscal year ending June 30, 2023[11] - The group has land reserves of approximately 19.5 million square feet across mainland China, Hong Kong, Singapore, and Sydney, with a balanced property type distribution: 46.8% commercial, 27.9% residential, 11.3% industrial, 8% parking, and 6% hotel[15] - The group expects to receive pre-sale consent for a residential project in Yau Tong during the fiscal year 2023/2024, in addition to several projects already approved for sale[14] Financial Position and Assets - The total equity attributable to shareholders increased to HKD 162.349 billion in 2023 from HKD 157.397 billion in 2022, reflecting a growth of approximately 3.6%[8] - Non-current assets increased to HKD 111.629 billion in 2023 from HKD 107.559 billion in 2022, indicating a growth of approximately 2.0%[8] - The total assets of the group reached HKD 168.369 billion in 2023, up from HKD 163.879 billion in 2022, marking an increase of approximately 2.9%[8] Rental Income and Occupancy - Total rental income for the fiscal year was HKD 3.548 billion, a decrease of 1.1% year-on-year[22] - Net rental income fell to HKD 2.985 billion, down 3.7% from the previous year[22] - Overall occupancy rate of the investment property portfolio increased to 91.2%, up 0.4 percentage points year-on-year[24] - Retail property occupancy rose by 2.1 percentage points to 95%[24] Sustainability and Corporate Social Responsibility - The group achieved an AA rating in the Hang Seng Sustainability Index and was recognized as a top ten company in the Greater Bay Area Sustainability Index[32] - The group was awarded the highest five-star rating in the GRESB real estate assessment and recognized as a global industry leader in sustainability[32] - The group has committed to climate risk assessments covering over 170 existing and new properties, following TCFD recommendations[33] - The group received the Hong Kong Sustainable Development Award for Large Organizations, recognizing its efforts in promoting ESG and sustainability[32] Employee Development and Corporate Culture - The group employed approximately 9,700 employees as of June 30, 2023, and has implemented various training programs to enhance employee development and satisfaction[109] - Over 156,500 hours of training were provided to employees during the fiscal year 2022/2023, focusing on customer service quality, business skills, and enhancing awareness of innovation and digitalization[112] - The group received multiple awards, including the "Best Employer - Outstanding Award" and "Best Corporate Social Responsibility Award - Outstanding Award" at the CTgoodjobs Best HR Awards 2022[111] Governance and Risk Management - The board consists of 12 directors, including 6 executive directors, 2 non-executive directors, and 4 independent non-executive directors[177] - The board is committed to maintaining high standards of corporate governance, which is essential for prudent financial management and sustainable business growth[175] - The company has established a governance mechanism to ensure independent viewpoints and opinions are obtained for board discussions[184] Community Engagement and Initiatives - The company is actively involved in the "Elderly-Youth Connection Program," expecting to engage over 1,000 medical students and provide services to 10,000 elderly individuals[35] - The community kitchen initiative provided 2,000 free vegetarian meal boxes monthly to underprivileged individuals[171] - The company distributed 200 care packages containing essential food items to grassroots families and fishermen in the vicinity of Causeway Bay and Aberdeen[167]