长和(00001) - 2022 - 年度业绩

Financial Performance - Total revenue for the year ended December 31, 2022, was HKD 457,229 million, an increase from HKD 445,383 million in 2021, representing a growth of approximately 2%[2] - EBITDA for the same period was HKD 142,132 million, up from HKD 135,653 million in 2021, reflecting a growth of about 5%[2] - Reported profit attributable to shareholders was HKD 36,680 million, compared to HKD 33,484 million in 2021, marking a 10% increase[2] - Basic earnings per share for 2022 was HKD 9.57, an increase of 10% from HKD 8.70 in 2021[5] - The group reported a net profit of HKD 34,869 million for 2022, compared to HKD 33,500 million in 2021[60] - The company reported a significant increase in deferred tax expenses, which rose by 243% to HKD 6,670 million[19] - The total tax expense for 2022 was HKD 8,274 million, significantly higher than HKD 2,230 million in 2021[100] Dividends - The board proposed a final dividend of HKD 2.086 per share, up 12% from HKD 1.860 in the previous year, leading to a total annual dividend of HKD 2.926 per share, a 10% increase from HKD 2.660 in 2021[2][6] - The company made a cash payment of HKD 10,353 million in dividends to ordinary shareholders in 2022, compared to HKD 9,627 million in 2021, reflecting an increase of about 7.5%[87] Segment Performance - The retail department operated 16,142 stores across 28 markets at the end of 2022, a 2% decrease from the previous year, with total revenue of HKD 169.64 billion, EBITDA of HKD 14.39 billion, and EBIT of HKD 11.04 billion, reflecting decreases of 2%, 11%, and 11% respectively in reported currency[8] - CK Hutchison Group Telecom reported revenue of HKD 83.29 billion, a 10% decrease from 2021, with EBITDA of HKD 32.19 billion and EBIT of HKD 12.83 billion, reflecting decreases of 25% and 45% respectively in reported currency[11] - The infrastructure department's contribution showed a 3% increase in net profit attributable to shareholders, amounting to HKD 7.748 billion, despite rising financial costs due to interest rate increases[10] - The telecommunications segment in Europe generated HKD 23,864 million, down 20% from HKD 29,892 million in 2021[60] Asset and Liability Management - Total assets decreased from HKD 1,032,113 million in 2021 to HKD 971,922 million in 2022, representing a decline of approximately 5.9%[33] - The company's total liabilities decreased to HKD 272,302 million from HKD 320,903 million in 2021, reflecting a decline of approximately 15.1%[86] - The net debt to total capital ratio improved to 16.7% from 20.3% year-over-year, reflecting a stronger financial position[15] Impairments and Gains - The company recorded a net gain of HKD 9,700 million from one-off items, including HKD 15,800 million from the sale of UK tower assets and HKD 6,100 million from the merger with Indonesian telecommunications, offset by HKD 12,000 million in non-cash goodwill impairment[4] - The company recognized a loss of $2,061 million from the translation of foreign subsidiaries, compared to a loss of$10,567 million in 2021, reflecting an improvement[32] - The company reported a significant impairment of goodwill related to Wind Tre amounting to HKD 11,039 million[72] Future Outlook - The company anticipates recovery in its mainland retail operations in 2023 following the easing of COVID-19 restrictions and border reopening[3] - The group anticipates challenges in 2023 due to external factors such as potential inflation and geopolitical risks[17] - The company plans to focus on market expansion and new product development in the upcoming fiscal year[19] Operational Efficiency - The company aims to enhance operational efficiency and explore potential mergers and acquisitions to drive growth[60] - The company continues to focus on expanding its telecommunications operations in Asia, particularly through mergers and acquisitions[79] Director Remuneration - The total director remuneration for 2022 was HKD 537 million, an increase from HKD 500 million in 2021, representing a growth of 7.4%[89] - The total remuneration for the directors from the company and its subsidiaries was HKD 537.01 million for 2022, with a breakdown of HKD 5.35 million in basic salary, HKD 46.86 million in allowances, and HKD 482.13 million in benefits[90]