南顺(香港)2023年报

145Consolidated Statement of Profit or Loss CORPORATE INFORMATION公司資料 Board of Directors *****### KWEK Leng Hai(Chairman)*WONG Cho Fai(Group Managing Director/Chief Executive Officer)**CHEW Seong Aun*WHANG Sun Tze,Ph.D.*LO Kai Yiu, Anthony#HUANG Lester Garson,SBS, JP#HO Yuk Wai, Joan# **Executive director*Non-executive director#Independent non-executive director ***# Board Audit and Risk ManagementCommittee LO Kai Yiu, Anthony(Chairman)HUANG Lester Garson,SBS, JPHO Yuk Wai, Joan Board Remuneration Committee HUANG Lester Garson,SBS, JP (Chairman)KWEK Leng HaiLO Kai Yiu, Anthony Board Nomination Committee KWEK Leng Hai(Chairman)LO Kai Yiu, AnthonyHO Yuk Wai, Joan Chief Financial Officer TSANG Chin Hung, Fanny Company Secretary CHENG Man Ying Principal Banker The Hongkong and Shanghai Banking Corporation Limited CORPORATE INFORMATION公司資料 Auditors KPMGCertified Public AccountantsPublic Interest Entity Auditor registered in accordance with theFinancial Reporting Council Ordinance Place of Incorporation Hong Kong Registered Office 21 21 Dai Fu Street, Tai Po Industrial Estate,Tai Po, New Territories, Hong Kong Share Registrar and Transfer Office 1831717121716 Computershare Hong Kong Investor Services LimitedShops 1712–1716, 17/F, Hopewell Centre,183 Queen’s Road East, Wanchai, Hong Kong Internet Websites https://www.lamsoon.com Lam Soon Hong Kong Grouphttps://www.lamsoon.com https://www.axe.com.hk Home Care Businesshttps://www.axe.com.hk Edible Oil Businesshttps://www.lamsoonoil.comhttps://www.haomama.com https://www.lamsoonoil.comhttps://www.haomama.com Flour Business https://www.hkflourmills.comhttps://www.gsflour.com https://www.hkflourmills.comhttps://www.gsflour.com https://www.hongleong.com Hong Leong Grouphttps://www.hongleong.com FINANCIAL HIGHLIGHTS財務摘要 FINANCIAL HIGHLIGHTS財務摘要 CHAIRMAN’S STATEMENT董事會主席報告書 On behalf of the Board of Directors (the “Board”) of Lam Soon(Hong Kong) Limited (the “Company”), I present the annual reportof the Company and its subsidiaries (collectively the “Group”) forthe financial year ended 30 June 2023. Covid-1985,000,0005,119,000,00067%16% FY22/23 marked a challenging year for the Group, as the negativeimpact of global geopolitical tensions and Covid-19 policies in ourcore markets reverberated across all of our businesses. Despite thediversified nature of our Group, we were not completely immuneto raw material cost pressures and dampened market demand.The Group posted a profit of HK$85 million against revenues ofHK$5,119 million during the financial year, representing declinesof 67% and 16% respectively against last year. Despite prevailing market uncertainties, the Group’s cash positionremains strong, allowing us to maintain our relatively stabledividend policy. As such, the Board would like to recommend afinal dividend of HK$0.2 per share at the forthcoming AnnualGeneral Meeting. In addition to the interim dividend of HK$0.1per share paid earlier this year, the total dividend for the year willamount to HK$0.3 per share. 0.20.10.3 策略概述 Strategic Overview Covid-19 In the first half of the financial year, our teams spent considerabletime and resources in navigating the complex and unprecedentedchallenges arising from Mainland China’s dynamic Covid-19 policyand commodity-related cost fluctuations. Financial prudencetook precedence, but we quickly shifted gears and reactivatedgrowth programs in the second half following the removal ofCovid restrictions and the re-opening of Mainland China’s borders.However, underlying economic activity remained tepid, and initialoptimism of a speedy and sustained recovery in Mainland Chinaquickly faded away. Hong Kong, a major contributor of revenueand profits to the Group, also faced new challenges. CHAIRMAN’S STATEMENT董事會主席報告書 T h e G r o u p ’ s F o o d d i v i s i o n s e n c o u n t e r e d o n e o f i t s m o s tdifficult years in recent history as wheat and oil raw materialcosts significantly reduced profits. Price increases, designedto mitigate against these upstream pressures, also weakenedour competitiveness in certain volume-driven segments whichbecame more price-sensitive as the macroeconomic environmentdeteriorated. This was particularly the case for our Flour business.Despite this setback, the Group remains committed to our strategyof selling premium flour and specialty fats products to bakeries,food manufacturers, and catering channels. The Group’s longer-term transformation is contingent upon our ability to cement ourreputation as the partner-of-choice in total bakery solutions and toextend our market leadership in Flour and Oil across institutionaland retail channels. In order to keep up with the dynamic marketand rapidly changing needs of our customers, we saw that it wasthe right time to initiate a series of senior personnel changes torejuvenate our Food businesses. In the second half of the financialyear, we reshuffled and reorganized the senior leadership teams inour Fl