高雅光学2023/2024年报

Contents目錄 Corporate Information2–3Management Discussion and Analysis4–9Environmental, Social and Governance Report10–26Profiles of Directors27–29Corporate Governance Report30–53Report of the Directors54–64Independent Auditor’s Report65–74Consolidated Statement of Profit or Loss75–76Consolidated Statement of Comprehensive Income77–77Consolidated Statement of Financial Position78–79Consolidated Statement of Changes in Equity80–80Consolidated Statement of Cash Flows81–83Notes to Consolidated Financial Statements84–230Particulars of Properties231–232 Corporate Information公 司 資 料 BOARD OF DIRECTORSExecutive DirectorMr. Chung Yuk Lun Independent Non-Executive DirectorsMr. Chan Chi WaiMr. Law, Michael Ka MingMs. Lai Pik Chi Peggy AUDIT COMMITTEE Ms. Lai Pik Chi Peggy(Chairman)Mr. Chan Chi WaiMr. Law, Michael Ka Ming NOMINATION COMMITTEE Mr. Law, Michael Ka Ming(Chairman)Mr. Chan Chi WaiMs. Lai Pik Chi Peggy REMUNERATION COMMITTEE Mr. Law, Michael Ka Ming(Chairman)Mr. Chan Chi WaiMs. Lai Pik Chi Peggy PRINCIPAL BANKERSDBS Bank (Hong Kong) LimitedChong Hing Bank Limited AUDITORSCCTH CPA Limited COMPANY SECRETARYMr. Chung Yuk Lun 3382333301-04 HONG KONG SHARE REGISTRAR Union Registrars LimitedSuites 3301-04, 33/FTwo Chinachem Exchange Square338 King’s RoadNorth Point, Hong Kong Corporate Information公司資料 PRINCIPAL SHARE REGISTRAR Conyers Corporate Services (Bermuda) LimitedClarendon House,2 Church Street,Hamilton HM 11,Bermuda Conyers Corporate Services (Bermuda) LimitedClarendon House,2 Church Street,Hamilton HM 11,Bermuda REGISTERED OFFICE Clarendon House,2 Church Street,Hamilton HM 11,Bermuda Clarendon House,2 Church Street,Hamilton HM 11,Bermuda HEAD OFFICE ANDPRINCIPAL PLACE OF BUSINESS 1452222 Room 22, 22/FOn Hong Commercial Building145 Hennessy RoadWanchaiHong Kong http://www.irasia.com/listco/hk/eleganceoptical WEBSITE http://www.irasia.com/listco/hk/eleganceoptical 907 STOCK CODE The Stock Exchange of Hong Kong Limited: 907 Management Discussion and Analysis管 理 層 討 論 及 分 析 BUSINESS REVIEW 24,000,00021,700,00010.5%59,400,00036,800,00030,000,00016,100,0009,600,000700,000 During the Year, the Group’s revenue generated from its continuingoperations increased to HK$24.0 million (2023: HK$21.7 million),representing an increase of 10.5% as compared to the year ended31 March 2023. A loss of HK$59.4 million from its continuingoperations was recorded (2023: HK$36.8 million). The widening ofthe loss was attributable to the impairment loss on prepayment,deposits and other receivables of HK$30.0 million (2023: HK$16.1million) and increase in investment properties fair value diminutionof HK$9.6 million (2023: HK$0.7 million). (i)(ii)(iii)(iv)(v) The Group’s continuing operations comprised of five segments,namely(i)trading of optical frames and sunglasses,(ii)filminvestment and distribution, (iii) property investment, (iv) debts andsecurities investment, and (v) energy business. 7 , 8 0 0 , 0 0 012,900,0007,500,0002,600,000 Revenue from trading of optical frames and sunglasses increasedfrom HK$7.8 million in the prior year to HK$12.9 million in the Year.This segment recorded a loss of HK$7.5 million in the Year (2023:segment profit of HK$2.6 million). 32212,600,0009,700,0004,300,0008,400,0009,600,0005,100,000 During the Year, the Group has made 3 investments, including “TheBrotherhood of Rebel” (2) and “Ready or Rot” (2) which were released during the Year. Revenue from filminvestment and distribution dropped from HK$12.6 million in theprior year to HK$9.7 million in the Year, while the segment lossnarrowed down to HK$4.3 million (2023: HK$8.4 million), resultedfrom a decrease in impairment loss on investment in associatesfrom HK$9.6 million in the prior year to HK$5.1 million in the Year. 1,400,0001,300,000 Rental income from property investment business remained stableat HK$1.4 million (2023: HK$1.3 million). For debts and securities investment segment, the Group did notgenerate any revenue in both years. 24,200,0005,800,0004,900,00024,200,000 The Group did not generate any revenue from energy business inboth years. In the Year, an impairment loss on prepayment, depositsand other receivables of HK$24.2 million (2023: HK$5.8 million) wasrecognised, resulting in an increase in segment loss from HK$4.9million in the prior year to H$24.2 million in the Year. Management Discussion and Analysis管理層討論及分析 PROSPECT For Eyewear Business, while the strategic shift as a procurementand sourcing service provider aimed to create a more flexibleand cost-efficient platform, the anticipated benefits have beenhampered by the deteriorating macroeconomic conditions. The Company’s expectation of steady macroeconomic conditions,whichunderpinned the target of progressively restoring theEyewearBusiness to pre-transition levels,has unfortunatelynot materialized. Instead, the global economic landscape haspresented formidable challenges that have impeded the recoverytrajectory initially observed. A