宏安地产二零二三年中期报告

CONTENTS目錄 2Corporate Information5Interim Dividend5Management Discussion and Analysis18Disclosure of Interests21Share Option Scheme22Corporate Governance and Other Information25Condensed Consolidated Statement ofProfit or Loss and Other ComprehensiveIncome27Condensed Consolidated Statement ofFinancial Position29Condensed Consolidated Statement ofChanges in Equity30Condensed Consolidated Statement ofCash Flows32Notes to Interim Condensed ConsolidatedFinancial Information CORPORATE INFORMATION BOARD OF DIRECTORS Executive Directors Mr. Tang Ho Hong,Chief Executive OfficerMs. Ching Tak Won TeresaMs. Wong Chin Han Independent Non-executive Directors Mr. Li Wing Sum StevenMr. Sung Tze WahSr Dr. Leung Tony Ka TungDr. Chan Ho Wah Terence AUDIT COMMITTEE Mr. Li Wing Sum Steven,ChairmanMr. Sung Tze WahSr Dr. Leung Tony Ka TungDr. Chan Ho Wah Terence REMUNERATION COMMITTEE Sr Dr. Leung Tony Ka Tung,ChairmanMr. Li Wing Sum StevenMr. Sung Tze WahDr. Chan Ho Wah TerenceMr. Tang Ho Hong NOMINATION COMMITTEE Mr. Sung Tze Wah,ChairmanMr. Li Wing Sum StevenSr Dr. Leung Tony Ka TungDr. Chan Ho Wah TerenceMr. Tang Ho Hong EXECUTIVE COMMITTEE Mr. Tang Ho Hong,ChairmanMs. Ching Tak Won TeresaMs. Wong Chin Han Corporate Information (Continued)公司資料（續） COMPANY SECRETARY Ms. Wong Chin Han AUTHORISED REPRESENTATIVES Mr. Tang Ho HongMs. Wong Chin Han AUDITOR Ernst & YoungCertified Public AccountantsRegistered Public Interest Entity Auditor LEGAL ADVISERS • GallantMayer BrownReed Smith Richards ButlerSullivan & Cromwell (Hong Kong) LLP PRINCIPAL BANKERS Bank of Communications (Hong Kong) LimitedBank of DongguanBank SinoPacChina CITIC Bank International LimitedChina Constraction Bank (Asia)China Everbright Bank Co., Ltd.Chiyu Banking Corporation Ltd.Chong Hing Bank LimitedCTBC Bank Co Ltd.Dah Sing Bank, LimitedHang Seng Bank LimitedIndustrial and Commercial Bank of China (Asia) LimitedShanghai Pudong Development BankThe Bank of East Asia, LimitedThe Hongkong and Shanghai Banking Corporation LimitedUnited Overseas Bank Limited Corporate Information ( Continued) REGISTERED OFFICE Clarendon House2 Church StreetHamilton HM 11Bermuda Clarendon House2 Church StreetHamilton HM 11Bermuda HEAD OFFICE AND PRINCIPAL PLACE OFBUSINESS IN HONG KONG 39323201 Suite 3201, 32/F., Skyline Tower39 Wang Kwong RoadKowloon BayKowloonHong Kong PRINCIPAL SHARE REGISTRAR AND TRANSFEROFFICE IN BERMUDA Conyers Corporate Services (Bermuda) LimitedClarendon House2 Church StreetHamilton HM 11Bermuda Conyers Corporate Services (Bermuda) LimitedClarendon House2 Church StreetHamilton HM 11Bermuda BRANCH SHARE REGISTRAR AND TRANSFEROFFICE IN HONG KONG 1617 Tricor Investor Services Limited17/F, Far East Finance Centre16 Harcourt RoadHong Kong BOARD LOT 4,000 4,000 shares pr@woproperties.com INVESTOR RELATIONS Email: pr@woproperties.com www.woproperties.com HOMEPAGEwww.woproperties.com STOCK CODE 1243 1243 INTERIM DIVIDEND The board of directors (the “Board” or the “Director(s)”) ofWang On Properties Limited (the “Company”, together with itssubsidiaries, collectively the “Group”) does not recommend thepayment of any interim dividend for the six months ended 30September 2023 (six months ended 30 September 2022: Nil). MANAGEMENT DISCUSSION ANDANALYSIS FINANCIAL RESULTS 286,700,0001,260,800,000267,700,00067,600,000 The Group’s revenue and profit attributable to owners ofthe parent for the six months ended 30 September 2023amounted to approximately HK$286.7 million (six monthsended 30 September 2022: approximately HK$1,260.8 million)and approximately HK$267.7 million (six months ended 30September 2022: approximately HK$67.6 million), respectively.The profit for the six months ended 30 September 2023 wasmainly attributable to the share of results of joint ventures anddelivery of property projects. 21,000,000 No other expenses was noted for the reporting period (sixmonths ended 30 September 2022: approximately HK$21.0million), as no debt investments at fair value through othercomprehensive income was disposed during the period. 80,700,00050,200,000 The finance costs amounted to approximately HK$80.7 million(six months ended 30 September 2022: approximately HK$50.2million). The increment was mainly due to the increase ininterest rates. 376,000,000108,000,000 The share of profits and losses of joint ventures amountedto approximately HK$376.0 million (six months ended 30September 2022: approximately HK$108.0 million). Theincrement was mainly due to the increase in profits contributedby the commercial portfolio. BUSINESS REVIEW Property Development 258,400,000The Met. AzureLADDER Dundas1,300,000,000 Revenue recognized in this business segment during thereporting period amounted to approximately HK$258.4 millionwhich was mainly attributable to the delivery of “The Met.Azure” project and “LADDER Dundas” (six months ended 30September 2022: approximately HK$1.3 billion). Management Discussion And Analysis ( Continued)