Financial Performance - The company's profit attributable to shareholders for 2023 was HKD 60.8 million, a decrease of 91.3% from HKD 702.5 million in 2022[2]. - Financial asset impairment losses increased from HKD 0.5 million in 2022 to HKD 3.1 million in 2023, representing a growth of 520.0%[1]. - Total equity decreased from HKD 2,848.8 million as of December 31, 2022, to HKD 2,772.8 million as of December 31, 2023, a decline of 2.7%[4]. - Total current assets as of December 31, 2023, were HKD 4,627.9 million, down from HKD 5,428.4 million as of December 31, 2022[5]. - The production cost for 2023 was HKD 6,886.23 million, a decrease from HKD 8,331.53 million in 2022, reflecting a reduction of approximately 17.3%[170]. Employee Statistics - The number of employees decreased from 2,714 in 2022 to 2,490 in 2023[17]. - The total number of employees in the group reached 2,490 as of December 31, 2023, a decrease from 2,714 in 2022[138]. - The number of employees aged 30 and below decreased to 756 in 2023 from 899 in 2022, showing a decline of approximately 16%[174]. - Full-time employees numbered 2,484 in 2023, down from 2,714 in 2022, indicating a decrease of 8.5%[174]. - During the reporting period, 92.36% of employees received training, with an average of 14.04 hours of training per employee[120]. Environmental Impact - The total greenhouse gas emissions increased in 2023 due to higher consumption from new factories and increased vehicle usage as activities resumed post-pandemic[42]. - Dongguan Baoneng's energy consumption per million HKD of product production cost was 2,556.32 kWh, an increase of 29.89% compared to 2022, primarily due to increased direct energy usage[76]. - In 2023, the greenhouse gas emissions per million HKD of production cost increased by 29.79% to 1.4455 tons of CO2, compared to 1.1137 tons in 2022, due to the inclusion of new facilities' natural gas and electricity consumption[88]. - The total amount of non-hazardous waste generated per million HKD of production cost increased by 27.12% to 0.0075 tons, attributed to the additional waste from new facilities[91]. - The company has implemented various policies to minimize environmental impact, including greenhouse gas management guidelines and waste management procedures[81]. Corporate Governance and Compliance - The board is responsible for overseeing ESG matters and ensuring effective management and internal control systems are in place[45]. - The ESG working team, led by the CFO, is tasked with collecting, analyzing, and verifying ESG data to assist the board in addressing ESG-related issues[46]. - The company emphasizes the importance of employee rights and creating a work environment that fosters value and innovation[85]. - Dongguan Baoneng emphasizes compliance with labor laws, strictly prohibiting child labor and forced labor in its operations[122]. - The company has not received any complaints regarding misconduct or illegal activities during the reporting period, indicating a strong ethical compliance framework[164]. Sustainability Initiatives - The company aims to continue efforts to reduce or maintain greenhouse gas emissions per million HKD of production cost by the end of the fiscal year 2024[42]. - The company has established an energy management program to comply with national energy-saving laws and promote resource conservation among employees[97]. - The company will continue to invest resources to improve water efficiency as part of its sustainable growth objectives[79]. - The group has committed to using environmentally friendly packaging materials and has redesigned packaging to reduce paper and plastic usage[132]. - The company has implemented various energy-saving measures, including installing solar panels and upgrading production and lighting systems, to optimize energy usage[98]. Product Quality and Safety - The company has not experienced any product returns or recalls due to safety and health issues in 2023, maintaining a strong product safety record[159]. - The group strictly controls product quality and conducts various safety and reliability tests to ensure consumer safety[183]. - The group has implemented a quality certification management system in accordance with ISO 9001 standards to ensure product safety and quality[159]. - The group has achieved ISO45001 certification for its occupational health and safety policies and procedures[147]. - The group processed a total of 4 customer complaints regarding products or services, all of which were handled according to the established procedures[186].
栢能集团(01263) - 2023 - 年度财报