华和控股2022/23年年报

2022/23ANNUAL REPORT年報 Corporate Information公司資料2Chairman’s Statement主席報告4Management Discussion and Analysis管理層討論與分析6Report of the Directors董事會報告14Biographies of the Directors and Senior Management董事及高級管理層履歷28Corporate Governance Report企業管治報告31Environmental, Social and Governance Report環境、社會及管治報告44Independent Auditor’s Report獨立核數師報告63Consolidated Statement of Profit or Loss and Other Comprehensive Income綜合損益及其他全面收益表72Consolidated Statement of Financial Position綜合財務狀況表73Consolidated Statement of Changes in Equity綜合權益變動表75Consolidated Statement of Cash Flows綜合現金流量表76Notes to the Financial Statements財務報表附註78Five-Year Financial Summary五年財務摘要159Particulars of Properties物業詳情160Contents 目錄 Wah Wo Holdings Group Limited • 華和控股集團有限公司2Corporate Information公司資料BOARD OF DIRECTORSExecutive DirectorsMr. Chen Yuet Wa (Chairman and Chief Executive Officer)Mr. Chan FaiIndependent Non-executive DirectorsMr. Chow Chi Fai Mr. Chan Hon Ki Mr. Yu Chi WingAUDIT COMMITTEEMr. Chow Chi Fai (Chairperson)Mr. Chan Hon Ki Mr. Yu Chi WingREMUNERATION COMMITTEEMr. Chan Hon Ki (Chairperson)Mr. Chen Yuet Wa Mr. Chow Chi FaiNOMINATION COMMITTEEMr. Chen Yuet Wa (Chairperson)Mr. Yu Chi Wing Mr. Chan Hon KiCOMPANY SECRETARYMr. Lee Kai Ming (HKICPA)AUTHORISED REPRESENTATIVESMr. Chen Yuet WaMr. Lee Kai Ming (HKICPA)AUDITORSRSM Hong KongCertified Public AccountantsRegistered Public Interest Entity Auditor 29th Floor, Lee Garden Two28 Yun Ping Road Causeway Bay Hong Kong董事會執行董事陳越華先生（主席兼行政總裁）陳輝先生獨立非執行董事周志輝先生陳漢淇先生于志榮先生審核委員會周志輝先生（主席）陳漢淇先生于志榮先生薪酬委員會陳漢淇先生（主席）陳越華先生周志輝先生提名委員會陳越華先生（主席）于志榮先生陳漢淇先生公司秘書李啟明先生(HKICPA)授權代表陳越華先生李啟明先生(HKICPA)核數師羅申美會計師事務所執業會計師註冊公眾利益實體核數師香港銅鑼灣恩平道28號利園二期29樓 3Corporate Information公司資料ANNUAL REPORT 2022/23 • 二零二二/二三年年報開曼群島註冊辦事處Cricket SquareHutchins DriveP.O. Box 2681Grand Cayman KY1-1111Cayman Islands總部及香港主要營業地點 香港新界葵涌大連排道36–40號貴盛工業大廈一期4樓A及D室開曼群島主要股份過戶登記處 Conyers Trust Company (Cayman) LimitedCricket SquareHutchins DriveP.O. Box 2681Grand Cayman KY1-1111Cayman Islands香港股份過戶登記分處 卓佳證券登記有限公司香港夏愨道16號遠東金融中心17樓主要往來銀行南洋商業銀行有限公司香港德輔道中151號網站www.wahwoalum.com股份代號9938REGISTERED OFFICE IN THE CAYMAN ISLANDSCricket Square Hutchins DriveP.O. Box 2681Grand Cayman KY1-1111Cayman IslandsHEADQUARTERS AND PRINCIPAL PLACE OF BUSINESS IN HONG KONGFlat A & D, 4/F, Phase 1, Kwai Shing Industrial Building36–40 Tai Lin Pai RoadKwai Chung, New TerritoriesHong KongPRINCIPAL SHARE REGISTRAR AND TRANSFER OFFICE IN THE CAYMAN ISLANDSConyers Trust Company (Cayman) LimitedCricket SquareHutchins DriveP.O. Box 2681Grand Cayman KY1-1111Cayman IslandsHONG KONG BRANCH SHARE REGISTRAR AND TRANSFER OFFICETricor Investor Services Limited 17/F, Far East Finance Centre16 Harcourt Road, Hong KongPRINCIPAL BANKERNanyang Commercial Bank, Ltd. 151 Des Voeux Road Central Hong KongCOMPANY WEBSITEwww.wahwoalum.comSTOCK CODE9938 Wah Wo Holdings Group Limited • 華和控股集團有限公司4Chairman’s Statement主席報告To all shareholders:On behalf of the board (the “Board”) of directors (the “Directors”) of Wah Wo Holdings Group Limited (the “Company”), I am pleased to present the annual results of the Company and its subsidiaries (collectively the “Group”) for the year ended 31 March 2023 (the “Year”).The Group is a Hong Kong-based contractor engaged in façade works, which mainly include windows, window wall system, curtain wall system and other façade members. We principally provide design and build services for new buildings and renovation services for built premises. The Group also engaged in rental of investment properties during the Year as more resources being allocated to this segment.During the Year, the Group recorded a total revenue from (i) construction and ancillary service and (ii) rental of investment properties of HK$208.4 million, representing a decrease of approximately 6.7% as compared to approximately HK$223.2 million for the year ended 31 March 2022 which was mainly due to completion of the projects on hand from construction and ancillary services during the year ended 31 March 2022. The Group recorded a net profit of approximately HK$2.9 million, represented an increase of approximately 107.1% as compared with approximately HK$1.4 million for the year ended 31 March 2022. For the contributing factors of the increase in net profit, please refer to the “Management Discussion and Analysis” section of this report.Nevertheless, the Directors considers that general outlook of the industry and the business environment remains difficult and challenging. During the Year, the novel coronavirus (the “COVID-19”) situation and its new variants continued to threaten Hong Kong’s economy and construction industry in terms of cash flow, operational efficiencies. The global economic outlook also deteriorating rapidly, such as: geopolitical tensions between various countries; high inflation threatening the global and triggering a widespread wave of