润利海事2023年报

Corporate Information2Chairman’s Statement5Management Discussion and Analysis7Biographical Details of Directors andSenior Management17Corporate Governance Report22Environmental, Social and Governance Report38Directors’ Report68Independent Auditor’s Report83Consolidated Statement of Profit or Loss andOther Comprehensive Income90Consolidated Statement of Financial Position91Consolidated Statement of Changes in Equity93Consolidated Statement of Cash Flows94Notes to the Consolidated Financial Statements96Five-Year Financial Summary188 CORPORATE INFORMATION For the year ended 31 March 2023 BOARD OF DIRECTORS Executive DirectorsMr. Wen Tsz Kit Bondy(Chairman and Chief Executive Officer)Ms. Chan Sau Ling Amy Independent Non-Executive Directors Ms. Chan Hei Ting(appointed on 30 December 2022)Ms. Hong Ting(appointed on 9 January 2023)Mr. Ng Simon(appointed on 12 May 2023)Mr. Fu Bradley(resigned on 30 December 2022)Mr. Wu Tai Cheung(resigned on 9 January 2023)Mr. Liu Hon Por Francis(resigned on 15 February 2023) AUDIT COMMITTEE Ms. Hong Ting(Chairperson)(appointed on 9 January 2023)Ms. Chan Hei Ting(appointed on 30 December 2022)Mr. Ng Simon(appointed on 12 May 2023)Mr. Wu Tai Cheung(Chairman)(resigned on 9 January 2023)Mr. Fu Bradley(resigned on 30 December 2022)Mr. Liu Hon Por Francis(resigned on 15 February 2023) REMUNERATION COMMITTEE Ms. Chan Hei Ting(Chairperson)(appointed on 30 December 2022)Ms. Hong Ting(appointed on 9 January 2023)Mr. Ng Simon(appointed on 12 May 2023)Mr. Wen Tsz Kit Bondy(appointed on 15 February 2023 and resigned on 12 May 2023) Mr. Fu Bradley(resigned on 30 December 2022)Mr. Wu Tai Cheung(resigned on 9 January 2023)Mr. Liu Hon Por Francis(resigned on 15 February 2023) NOMINATION COMMITTEE Mr. Ng Simon(Chairman)(appointed on 12 May 2023)Ms. Chan Hei Ting(appointed on 30 December 2022)Ms. Hong Ting(appointed on 9 January 2023)Mr. Wen Tsz Kit Bondy(Chairman)(appointed on 15 February 2023 and resigned on 12 May 2023) Mr. Liu Hon Por Francis(Chairman)(resigned on 15 February 2023)Mr. Fu Bradley(resigned on 30 December 2022)Mr. Wu Tai Cheung(resigned on 9 January 2023) COMPANY SECRETARYMr. Mui Yuk Wah AUTHORISED REPRESENTATIVESMr. Wen Tsz Kit BondyMs. Chan Sau Ling Amy For the year ended 31 March 2023 89 Nexus Way, Camana BayGrand Cayman, KY1-9009Cayman Islands REGISTERED OFFICE IN CAYMAN ISLANDS 89 Nexus Way, Camana BayGrand Cayman, KY1-9009Cayman Islands HEADQUARTERS AND PRINCIPAL PLACE OF BUSINESS IN HONG KONG 1031D Flat D, 31/F., Billion Plaza II10 Cheung Yue StreetCheung Sha WanKowloonHong Kong AUDITOR Deloitte Touche TohmatsuRegistered Public Interest Entity Auditors LEGAL ADVISERS AS TO HONG KONG LAWSAngela Ho & Associates CAYMAN ISLANDS PRINCIPAL SHARE REGISTRARAND TRANSFER OFFICE Ogier Global (Cayman) Limited89 Nexus WayCamana BayGrand Cayman, KY1-9009Cayman Islands Ogier Global (Cayman) Limited89 Nexus WayCamana BayGrand Cayman, KY1-9009Cayman Islands BRANCH SHARE REGISTRAR AND TRANSFER OFFICE IN HONG KONG 18354 Tricor Investor Services LimitedLevel 54, Hopewell Centre183 Queen’s Road EastHong Kong PRINCIPAL BANKS DBS Bank (Hong Kong) LimitedBank of Communications (Hong Kong) Limited 2682 STOCK CODEHong Kong Stock Exchange: 2682 www.yunlee.com.hk COMPANY WEBSITEwww.yunlee.com.hk CHAIRMAN’S STATEMENT 20(i)(ii) I am pleased to present the annual results for the year ended31 March 2023 of Yun Lee Marine Group Holdings Limited (the“Company”) and its subsidiaries (the “Group”) on behalf of theBoard of Directors (the “Board”) of the Company. The Group isa maritime services provider in Hong Kong with over 20 years ofoperating history. Services of the Group include (i) vessel charteringand related services; and (ii) ship management. 34% During the year, the Group continued to develop new sources ofcustomers for the vessels chartering services and strengthen ourfleet to satisfy the increasing demand of vessel chartering in thefuture. The Group has acquired 34% equity interest in Yun Lee(Tim Kee) Marine Construction Limited (“YLTK”), the acquisitionwas completed in May 2023, YLTK has become a subsidiary of theGroup. The Group will tap into the marine construction businessthrough YLTK and it is expected the YLTK will be the growth driverof the Group’s revenue and profits. The Group’s financial position is solid, and will continue to maintainour leading position in the industry, and expand our opportunities innew projects. ACKNOWLEDGEMENT The Group’s success this year relies on the efforts made by allour staff and the management team during the past year. I wouldlike to express my sincere gratitude on behalf of the Board to themanagement and staff for their tremendous efforts and valuablecontribution in the past year and hope that we will continue toreceive all your support in the future. We will continue to join handswith the shareholders and staff members to turn to a new andbrighter future. MANAGEMENTDISCUSSIONAND ANALYSIS MANAGEMENT DISCUSSION