富士高实业中期报告 2023/2024

VISION願景 To become our customers’ preferred strategic partner in theacoustics and electronics industries.成為在電聲及電子領域客戶首選的策略性合作夥伴 。 MISSION使命 Through advancements in innovative technologies, we strive toprovide value-added and distinct products to our customers. 以先進及創新科技 ，竭力為客戶提供高增值 、高差異性的產品 。 VALUES價值觀 We, as a partner, abide by our commitment to our customers.We, as an innovator, relentlessly pursue excellence.We, as a team, cross the finish line together. We, as a corporate citizen, devote ourselves to the prosperity ofour society. 與客為盟 ，信守承諾；銳意創新 ，追求卓越；團結協作 ，達成目標；取之社會 ，回饋社會 。 CONTENTS目錄 2Management Discussion and Analysis管 理 層討 論及分析 6Report of the Directors董 事會 報告 14Report on Review of InterimFinancial Information 中期財務資料的審閱報告 16Condensed ConsolidatedStatement of Financial Position 簡明綜合財務 狀 況 表 18Condensed ConsolidatedStatement of ComprehensiveIncome 簡明綜合 全面收 益表 20Condensed ConsolidatedStatement of Changes in Equity 簡明綜合權 益變 動表 21Condensed ConsolidatedStatement of Cash Flows 簡明綜合現金 流 量表 22Notes to the CondensedConsolidated Interim FinancialInformation 簡明綜合中期財務資料附 註 39Corporate Information公司資料 Management Discussion and Analysis管理層討論及分析 業務回顧 BUSINESS REVIEW 於2 0 2 3年上半年，世界各國於後C O V I D -19疫 症（「疫症」）時代致力回歸正常，但地緣政治衝突、通脹高企及持續加息等現有及新挑戰對全球經濟造 成衝擊。儘管如此，憑 藉 優 越獨特的產品組合及與頂 尖音響品牌客戶的長期戰略 合作關係，本集團得以維持穩健的收入來源，截至2023年9月3 0日止6個月（「中期期間」）的總收 入 達492,6 0 0 ,0 0 0港元（2022：531, 3 0 0 ,0 0 0港元）。於中期期間，由於疫症影響消退，本集團因此得益 於產品組合調整以及去年同期終止配件及零件分部中表現欠佳的業務營運而並無產生一次性開支，本集團毛利增加11.8%至102,300,000港元（2022：91,500,000港元），毛利率升至20.8%（2022:17. 2%）。此外，儘管收入減少以及有關日期為2023年9月22日的公告作出的保證索償撥備9,10 0,0 0 0港元，本集團依舊實現了扭虧為盈，歸屬本集團股權持有人之溢利為18,200,000港元（2022：虧損4,200,000港元）。 In the first half of 2023, as the world sought to return to normality in thepost COVID-19 pandemic (the “Pandemic”) era, both existing and newchallenges affected the global economy including geopolitical conflicts,high inflation and interest rate hikes. Still, by leveraging its unique productmix and strategic decades-long ties with top-tier audio brands, the Groupwas able to maintain a healthy inflow of revenue, which totalled HK$492.6million (2022: HK$531.3 million) for the six months ended 30 September2023 (the “Interim Period”). During the Interim Period, as the impact of thePandemic waned, and the Group benefitted from the change in its productmix and the absence of a one-off expense from ceasing the operation ofan underperforming business in the accessories and components segmentas recorded in the same period last year, the Group’s gross profit increasedby 11.8% to HK$102.3 million (2022: HK$91.5 million), and gross profitmargin rose to 20.8% (2022: 17.2%). Moreover, despite recording a declinein revenue and making a provision of warranty claim of HK$9.1 million inrelation to an announcement dated 22 September 2023, the Group stillachieved a turnaround, with profit attributable to equity holders of theGroup amounting to HK$18.2 million (2022: loss of HK$4.2 million). 業務分部分析 BUSINESS SEGMENT ANALYSIS 戴咪耳機及音響耳機 Headsets and Headphones 儘管市場 情況不明朗，本集團仍堅持專注 於提 升產品開發能力以提 升產品組合，並就各項合作開發項目加強與頂 尖音響品牌的合作 聯盟。於 中期期間，戴咪耳機及音響耳機業務的收入達318,70 0,0 0 0港元（2022：354,900,000港元），佔本集團總收入的64.7%。 Notwithstanding uncertainties in the market, the Group remained resilientand focused on strengthening its product development capabilities toenhance its product portfolio as well as to tighten cooperation with top-tieraudio brands in co-development projects. During the Interim Period, revenuefrom the headsets and headphones business reached HK$318.7 million (2022:HK$354.9 million), which accounted for 64.7% of the Group’s total revenue. 鑒於本集團在電聲產品中應用真實無線、主動式降噪及混合式主動式降噪等先進技術具有競爭 優勢，該等產品備受眼光獨到品牌客戶的認可，因此貢獻 之收 入比例逐漸增加。此外，背靠強大的工程設計和產品開發能力，本集團在 上一個 財政年度推出的適 應主動降噪產品持續獲得不俗的市場反應。同時，本集團通過推出配備頭部追蹤及低延遲無線通訊技術的精尖耳機以及呼叫中心及辦公室（「呼叫中心及辦公室」）產品系列，牢 牢 把握 住了新興市場 機 遇。另外，本集團努力重 組及精簡使得產能及生 產效率均有所提升，以致削減 成本及 提高盈利能力，帶動中期期間的分部溢利增加至17,100,000港元（2022：虧損3,600,000港元）。 Given the Group’s competitive advantage in the application of sophisticatedtechnologies, such as True Wireless, ANC and Hybrid ANC, in its electro-acoustic products which are well recognised by discerning brand customers,such products have been contributing an increasing proportion of revenue.M o r e o v e r , b a c k e d b y s t r o n g e n g i n e e r i n g a n d p r o d u c t d e v e l o p m e n tcapabilities, the Group’s Adaptive ANC products – introduced in the previousfinancial year, have continued to enjoy favourable market response. TheGroup has also captured emerging market opportunities through the launchof sophisticated headsets that feature head-tracking and low-latency wirelesscommunication technology, and via the Call Centre & Office (“CC&O”)product series. Separately, the Group’s restructuring and streamliningefforts have contributed to the improvement in productivity and productionefficiency, resulting in reduced costs and increased profitability, driving animprovement in segment profit to HK$17.1 million (2022: loss of HK$3.6million) for th