嘉瑞国际二零二三年年报

CONTENTS Five-Year Financial Summary328Consolidated Statement of Profit or LossConsolidated Statement of Profit or Loss and OtherComprehensive IncomeConsolidated Statement of Financial PositionConsolidated Statement of Changes in EquityConsolidated Statement of Cash FlowsNotes to the Consolidated Financial Statements157158159161162164Consolidated Financial StatementsCorporate InformationFinancial HighlightsKey Information for ShareholdersChairman’s StatementManagement Discussion and AnalysisDirectors and Senior ManagementDirectors’ ReportCorporate Governance ReportEnvironmental, Social and Governance ReportIndependent Auditor’s Report24671121285173148 CORPORATE INFORMATION公司資 料 DIRECTORS Executive Directors Mr. Lee Yuen Fat(Chairman)Mr. Wong Wing Chuen(Vice Chairman)Mr. Chu Weiman(Chief Executive Officer)Ms. Chan So Wah Independent Non-Executive Directors BBS, JPGBS, MH, JP Professor Sun Kai Lit, CliffBBS, JPIr Dr. Lo Wai KwokGBS, MH, JPMr. Andrew LookMr. Kong Kai Chuen, Frankie(formerly known as Kong To Yeung, Frankie) CHIEF EXECUTIVE OFFICERMr. Chu Weiman CHIEF FINANCIAL OFFICER Mr. Seto Sai Cheong Paul(resigned with effect from 31 July 2023Mr. Yu Wai Chun(appointed with effect from 3 January 2024) AUTHORISED REPRESENTATIVES Mr. Chu WeimanMs. Leung Lai Seung COMPANY SECRETARYMs. Leung Lai Seung AUDIT COMMITTEE Mr. Kong Kai Chuen, Frankie(Chairman)(formerly known as Kong To Yeung, Frankie)Professor Sun Kai Lit, CliffBBS, JPIr Dr. Lo Wai KwokGBS, MH, JPMr. Andrew Look BBS, JPGBS, MH, JP NOMINATION COMMITTEE BBS, JPGBS, MH, JP Professor Sun Kai Lit, CliffBBS, JP(Chairman)Ir Dr. Lo Wai KwokGBS, MH, JPMr. Andrew LookMr. Kong Kai Chuen, Frankie(formerly known as Kong To Yeung, Frankie)Mr. Chu Weiman REMUNERATION COMMITTEE BBS, JPGBS, MH, JP Professor Sun Kai Lit, CliffBBS, JP(Chairman)Ir Dr. Lo Wai KwokGBS, MH, JPMr. Andrew LookMr. Kong Kai Chuen, Frankie(formerly known as Kong To Yeung, Frankie)Mr. Chu Weiman REGISTERED OFFICE Windward 3, Regatta Office ParkPO Box 1350Grand Cayman KY1-1108Cayman Islands Windward 3, Regatta Office ParkPO Box 1350Grand Cayman KY1-1108Cayman Islands PRINCIPAL PLACE OF BUSINESS INHONG KONG B29A Room A, 29/F, Tower B, Billion Centre1 Wang Kwong Road, Kowloon BayKowloon, Hong Kong PRINCIPAL SHARE REGISTRAR ANDTRANSFER OFFICE Suntera (Cayman) LimitedSuite 3204, Unit 2A, Block 3Building D, P.O. Box 1586Gardenia Court, Camana BayGrand Cayman, KY1-1100Cayman Islands Suntera (Cayman) LimitedSuite 3204, Unit 2A, Block 3Building D, P.O. Box 1586Gardenia Court, Camana BayGrand Cayman, KY1-1100Cayman Islands HONG KONG BRANCH SHARE REGISTRARAND TRANSFER OFFICE 18317M Computershare Hong Kong Investor Services Limited17M Floor, Hopewell Centre183 Queen’s Road East, Wanchai, Hong Kong AUDITOR RSM Hong KongCertified Public AccountantsRegistered Public Interest Entity Auditor PRINCIPAL BANKERS The Hongkong and Shanghai Banking Corporation LimitedStandard Chartered Bank (Hong Kong) LimitedBank of China (Hong Kong) Limited WEBSITE www.kashui.com www.kashui.com FINANCIAL HIGHLIGHTS ( CONTINUED)財 務 概 要（續） KEY INFORMATION FOR SHAREHOLDERS股 東 主 要 資 料 FINANCIAL CALENDAR Announcement of 2023 Final Results26 March 2024 Annual General Meeting31 May 2024 822 STOCK CODE822 2,000 BOARD LOT2,000 Shares INVESTOR RELATIONS B29A(852) 3759 8900(852) 2412 1743candy.leung@kashui.com Ms. Leung Lai SeungCompany SecretaryKa Shui International Holdings LimitedRoom A, 29/F, Tower B, Billion Centre1 Wang Kwong Road, Kowloon BayKowloon, Hong KongTel: (852) 3759 8900Fax: (852) 2412 1743Email: candy.leung@kashui.com CHAIRMAN’SSTATEMENT主 席 報告 Dear Shareholders, Onbehalf of the Board of Directors of Ka ShuiInternationalHoldings Limited(the“Company”or“KaShui”), I wish to report the audited annual results of theCompany and its subsidiaries (collectively the “Group”) forthe year ended 31 December 2023 (the “Year”). Year2023 presented significant challenges for Chinesemanufacturers and exporters amidst a complex economiclandscape.Despite the removal of COVID-19-relatedrestrictions and the reopening of borders in China, ongoinggeopolitical tensions, high inflation, and interest rate hikesby the US Federal Reserve, contributed to the intricacies oftheenvironment.Western nations,in particular,facedsubstantial economic pressures due to inflation, resulting indecreased non-essential spending. This caused a notabledownturnin demand across our key markets such ascommunicationdevices and accessories,personal care,and smart home products. CHAIRMAN’S STATEMENT ( CONTINUED)主 席 報告（續） 1 , 2 8 2 , 4 9 5 , 0 0 01,504,439,00028,435,00074,844,0002.0 Inview of the above complex economic landscape,theGroupreported revenue of HK$1,282,495,000(2022:HK$1,504,439,000) and net loss attributable to owners oftheCompany was HK$28,435,000(2022:net profit ofHK$74,844,000) for the Year. After thorough considerationof our Group’s future business development and financialposition, the Board of Directors