中达集团控股二零二三年年报

(Incorporated in Bermuda with limited liability)(於百慕達註冊成立之有限公司)Stock Code股份代號 : 139 84-85Consolidated Statement of Profit or Loss86Consolidated Statement of ComprehensiveIncome87-88Consolidated Statement of Financial Position89-90Consolidated Statement of Changes in Equity91-94Consolidated Statement of Cash Flows95-252Notes to Consolidated Financial Statements Corporate Information Executive Directors Chen Xiaodong(Chairman)Li Jing(Chief Executive Officer)Yu QingruiSong CainiChen Hongjin Independent Non-Executive DirectorsKwok Chi Kwong Wu MingLi Meifeng Audit CommitteeKwok Chi Kwong(Chairman)Wu MingLi Meifeng Remuneration CommitteeKwok Chi Kwong(Chairman)Chen XiaodongLi Meifeng Nomination CommitteeChen Xiaodong(Chairman)Kwok Chi KwongLi Meifeng Company SecretarySzeto Pui Tong, Patrick Auditor Moore CPA Limited(formerly known as Moore Stephens CPA Limited)Registered Public Interest Entity Auditors Principal Bankers CMB Wing Lung BankChong Hing Bank LimitedPublic Bank (Hong Kong) LimitedShanghai Commercial Bank LimitedHang Seng Bank Limited Clarendon House2 Church StreetHamilton HM 11Bermuda Registered OfficeClarendon House 2 Church StreetHamilton HM 11Bermuda Head Office and Principal Place of BusinessUnit 1801-2, 18/F 16181801-2 Far East Finance CentreNo. 16 Harcourt RoadHong Kong Principal Share RegistrarMUFG Fund Services (Bermuda) Limited MUFG Fund Services (Bermuda) Limited26 Burnaby StreetHamilton HM 11Bermuda 26 Burnaby StreetHamilton HM 11Bermuda Hong Kong Branch Share Registrarand Transfer Office 1617 Tricor Tengis Limited17/F, Far East Finance Centre16 Harcourt RoadHong Kong www.cwghl.com Company’s Websitewww.cwghl.com 139 Stock Code139 Chairman’s Statement andManagement Discussion and Analysis Review of Results 90,200,000277,800,00039,500,000133,800,000103,300,000 The Group recorded a revenue of approximately HK$90.2 millionfor the year ended 31 December 2023 (the “Year”), compared toa revenue of approximately HK$277.8 million for the year ended31 December 2022. It was mainly attributable to the commissionincome from provision of Debt Capital Market (“DCM”) services ofapproximately HK$39.5 million. The net loss before income tax forthe Year was approximately HK$133.8 million as compared to thenet loss before income tax of approximately HK$103.3 million forthe year ended 31 December 2022. The loss was mainly attributableto the significant decrease in revenue from the provision of DCMservices in the difficult operating environment of China US dollarbonds market. 133,900,000106,100,0000.800.67 The net loss after income tax for the Year was approximatelyHK$133.9 million as compared to the net loss after income tax ofapproximately HK$106.1 million for the year ended 31 December2022. Basic loss per share attributable to owners of the Companyfor the Year was approximately HK0.80 cents (31 December 2022:basis loss of approximately HK0.67 cents). Economy Review 3.2%3.7% For the Year, led by the inbound tourism and private consumption,the Hong Kong economy continued to gradually recover. The realGDP for the Year resumed growth of 3.2%, following a contractionof 3.7% in 2022. Together with lots of government’s efforts topromote mega events and launch various activities, such as the‘Night Vibes Hong Kong’ campaign, Hong Kong’s inbound tourismstruggles to return to pre-pandemic levels and the local privateconsumption further increased. 2.9% In Hong Kong, though the unfavorable external environment, thelabor market gradually improved alongside the recovery of the localeconomy. The seasonally adjusted unemployment rate stayed at2.9% in the fourth quarter 2023. The government has implementedthe Quality Migrant Admission Scheme. The government intendsto strategically entice businesses in the life and health technology,artificialintelligence and data science,financial technology,advanced manufacturing and talented persons to settle in HongKong in order to enhance Hong Kong’s economic competitiveness. 7.8%5.7% For the Year, the value of total exports of goods decreased by 7.8%over 2022. Concurrently, the value of imports of goods decreasedby 5.7%. Exports and imports trade were adversely affected by theweaker performance of the global economy and various externalunfavorable factors. The difficult external environment will continueto pose pressures on Hong Kong’s exports of goods for the year tocome. Chairman’s Statement andManagement Discussion and Analysis 19,57017,047 Amidthe credit rating down-grades,geopolitical tensions,continuing high interest rate, the local stock market droppedsignificant as investor sentiment getting worse. For the Year, theHang Seng Index opened at 19,570 points and closed at 17,047points at the end of the Year, The Federal Reserve raised the fedfunds rate during its monetary policy meetings in 2023, pushingborrowing costs to the highest level since 2007. Hong Kong’sproperty market was falling alongside with the significant downwardprice adjus