世纪集团国际2023年报

(incorporated in the Cayman Islands with limited liability)Stock Code: 2113 （於開曼群島註冊成立之有限公司） CONTENTS目錄 Corporate Information Financial Highlights Biographical Details of Directors Corporate Governance Report Report of Directors CORPORATE INFORMATION企業信息 BOARD OF DIRECTORS Executive DirectorsMr. Wang Feng(Chairman)Mr. Man Wai Lun Independent Non-executive DirectorsMr. Law, Michael Ka MingMr. Chung Man LaiMs. Lam Yuen Man Maria AUDIT COMMITTEE Ms. Lam Yuen Man Maria(Chairman)Mr. Law, Michael Ka MingMr. Chung Man Lai REMUNERATION COMMITTEE Mr. Law, Michael Ka Ming(Chairman)Mr. Chung Man LaiMs. Lam Yuen Man Maria NOMINATION COMMITTEE Mr. Chung Man Lai(Chairman)Mr. Law, Michael Ka MingMs. Lam Yuen Man Maria COMPANY SECRETARY Mr. Lee Cheuk Man AUTHORISED REPRESENTATIVES Mr. Man Wai LunMr. Lee Cheuk Man PLACE OF BUSINESS IN CHINA Century Group BuildingXushu VillageGucheng JiedaoLinhai, Taizhou, Zhejiang ProvincePRC CORPORATE INFORMATION企業信息 HEADQUARTER AND PRINCIPAL PLACE OFBUSINESS IN HONG KONG 316D Office D, 16/FKings Wing Plaza 1No. 3 On Kwan StreetShek MunNew TerritoriesHong Kong HONG KONG BRANCH SHARE REGISTRAR ANDTRANSFER OFFICE 1617 Tricor Investor Services Limited17/F, Far East Finance Centre16 Harcourt RoadHong Kong PRINCIPAL BANK Shanghai Commercial Bank Ltd. AUDITOR 183212110-2111 CWK CPA LimitedCertified Public AccountantsRegistered Public Interest Entity AuditorsUnit 2110-2111, 21/F, Cosco Tower183 Queen’s Road CentralCentral, Hong Kong COMPANY WEBSITE www.centurygroup.com.hk www.centurygroup.com.hk STOCK CODE 21132113 CHAIRMAN'S STATEMENT主席報告 Dear shareholders, On behalf of the board (the “Board”) of directors (the“Directors”) of Century Group International Holdings Limited(the “Company”), it gives me great pleasure to present youthe audited financial statements of the Company and itssubsidiaries (collectively referred to as the “Group”) for theyear ended 31 March 2023 (the “Reporting Period”). FINANCIAL REVIEW 20 With more than 20 years of experience as a subcontractorproviding site formation works in Hong Kong (“ConstructionSegment”), the Group always maintains its professionaltechnical standards to undertake site formations workssuch as general earthworks, tunnel excavation works,foundation works, as well as road and drainage works.It is expected that the Group would be aligned with theoptimistic development of the industry. COVID-19 The Group has faced great challenges in respect ofbusiness environment as a result of continuing outbreakingof the Novel Coronavirus Disease 2019 (“COVID-19” or“pandemic”) on the Hong Kong economy and intensifiedmarket competition. In view of fluctuating performanceof the construction business and potential businessopportunities in the People’s Republic of China (“PRC”),the Group continues the business of trading of LiquefiedNatural Gas (“LNG”) in the PRC (“Trading Segment”) in theyear. 132,400,000332,600,000200,200,00060.2% For the Reporting Period, the revenue of the Groupwas approximately HK$132.4 million, a decrease byapproximately HK$200.2 million or 60.2% as compared tothe last year (2022: HK$332.6 million). CHAIRMAN'S STATEMENT主席報告 HONG KONG PROJECTS 1258127,200,000227,000,000 For the Reporting Period, the Group was awarded 1 (2022:2) new projects together with 5 (2022: 8) prior years’projects brought forward which recorded the turnover ofapproximately HK$127.2 million (2022: HK$227.0 million).Such decrease was mainly attributable to less projectsawarded during the Reporting Period. 22,800,00023,700,000 The Group sustained a net gross loss approximatelyHK$22.8 million (2022: approximately HK$23.7). It wasdue to the increase in cost of sales resulting from theunexpected increase in material cost in a constructionproject. The Group has been actively monitoring market conditionsand taking appropriate measures to mitigate the impactresulted from unfavorable market factors. The Groupcontinues to strengthen its cost control measuresand resources management policies, and activelyparticipate in tendering and bidding to maintain its marketcompetitiveness despite the difficulties encountered. PRC BUSINESS The performance of Trading Segment delivered adisappointed results which contributed to approximatelyHK$5.2 million, a decrease of approximately 95.1%, to theGroup’s revenue. Gas demand in Asia dropped as a resultof high LNG prices, COVID-19 related disruptions in thePRC and consistently mild weather in Northeast Asia. 5,200,00095.1%)COVID-19 PROSPECTS Looking ahead, following the lifting of COVID-19 restrictionsin many countries, it is definitely beneficial to the economiesof Hong Kong and the PRC. The Group will focus on itsexisting businesses in Hong Kong and the PRC and at thesame time explore new business opportunities in orderto diversify and expand the Group’s business, which isexpected to benefit the Company and its shareholders as awhole in the long run. COVID-19 CHAIRMAN'S STATEMENT主席報告 APPRECIA