IDT INT'L二零二二年报

A N N U A LR E P O R T2 0 2 2 Contents目錄 2Corporate Information4Chairman’s Statement8Directors and Senior Management of the Group12Management Discussion and Analysis19Corporate Governance Report42Environmental, Social and Governance Report66Directors’ Report 79Independent Auditor’s Report83Consolidated Statement of Profit or Loss andOther Comprehensive Income84Consolidated Statement of Financial Position86Consolidated Statement of Changes in Equity87Consolidated Statement of Cash Flows89Notes to the Consolidated Financial Statements196Group Financial Summary Corporate Information公司資料 董事會 BOARD OF DIRECTORS 執行董事： Executive Director:Zhu Yongning (Chief Executive Officer, Resigned on 1 February 2024) Cheung Yuk Ki (Chief Executive Officer, Appointed on 1 February 2024) 非執行董事： Non-Executive Directors:Cui XiaoNg Kwok Ying Isabella (Appointed on 1 February 2024)Chen Tiger Charles (Appointed on 1 February 2024) Chen Tiger Charles 獨立非執行董事： Independent Non-Executive Director:Zhou Meilin (Resigned on 1 February 2024)Zhou Rui (Resigned on 1 February 2024)Xu Jinwen 執行委員會 EXECUTIVE COMMITTEE Zhu Yongning (Chief Executive Officer, Resigned on 1 February 2024) Cheung Yuk Ki (Chief Executive Officer, Appointed on 1 February 2024) 審核委員會 AUDIT COMMITTEE Zhou Meilin (Chairman, Resigned on 1 February 2024)Xu JinwenZhou Rui (Resigned on 1 February 2024) 提名及企業管治委員會 NOMINATION AND CORPORATE GOVERNANCE COMMITTEE Zhou Rui (Chairman, Resigned on 1 February 2024)Zhou Meilin (Resigned on 1 February 2024)Xu Jinwen 薪酬委員會 REMUNERATION COMMITTEE Chen Tiger Charles Xu Jinwen (Chairman)Zhou Meilin (Resigned on 1 February 2024)Zhou Rui (Resigned on 1 February 2024)Ng Kwok Ying Isabella (Appointed on 1 February 2024)Chen Tiger Charles (Appointed on 1 February 2024) COMPANY SECRETARY 公司秘書 Chen Kun (Solicitor of HKSAR) 授權代表 AUTHORISED REPRESENTATIVES Zhu Yongning (Chief Executive Officer, Resigned on 1 February 2024) Cheung Yuk Ki (Chief Executive Officer, Appointed on 1 February 2024) Chen Kun Corporate Information公司資料 主要往來銀行 PRINCIPAL BANKERS The Hongkong and Shanghai Banking Corporation LimitedHang Seng Bank Limited 核數師 AUDITOR Forvis Mazars CPA Limited(formerly known as Mazars CPA Limited) 法律顧問百慕達：Conyers Dill & Pearman LEGAL ADVISORS Bermuda:Conyers Dill & Pearman 香港： Hong Kong:Peter Chen Law Office 股份過戶登記處 SHARE REGISTRARS 百慕達：Conyers Corporate Services (Bermuda) LimitedClarendon House2 Church StreetHamilton, HM 11 Bermuda Bermuda:Conyers Corporate Services (Bermuda) LimitedClarendon House2 Church StreetHamilton, HM 11 Bermuda 香港：3382333301–04 Hong Kong:Union Registrars LimitedSuites 3301–04, 33/F.Two Chinachem Exchange Square338 King’s RoadNorth PointHong Kong 百慕達註冊辦事處 BERMUDA REGISTERED OFFICE Clarendon House2 Church StreetHamilton HM 11Bermuda Clarendon House2 Church StreetHamilton HM 11Bermuda 香港主要營業地點 PRINCIPAL PLACE OF BUSINESS IN HONG KONG 126612 Unit 612, 6/FBank of America Tower12 Harcourt RoadCentralHong Kong 股份代號167 STOCK CODE167 網址www.idt-hk.com WEBSITEwww.idt-hk.com Chairman’sStatement 主席報告書 致各股東： DEAR SHAREHOLDERS, On behalf of the board (the “Board”) of directors (each, a “Director”) of IDT InternationalLimited (the “Company”, together with its subsidiaries, collectively, the “Group” or “we” or“us”), I am pleased to present the Group’s annual results for the year ended 31 December2022 (“FY2022” and for the year ended 31 December 2021, “FY2021”). FINANCIAL RESULTS 財務業績 2.217.187.1% The Group’s total revenue for FY2022 amounted to approximately HK$2.2 million (FY2021:approximately HK$17.1 million), representing a decrease of approximately 87.1% ascompared with the total revenue of FY2021, which was due to suspension of the Group’soperation as a result of the close of the Shenzhen factory. Chairman’s Statement主席報告書 3.01.93.7 Gross loss of FY2022 totalled approximately HK$3.0 million (FY2021: gross profit ofapproximately HK$1.9 million). Gross loss was reported in FY2022 as approximatelyHK$3.7 million of inventory was write-off in FY2022. 23.564.863.7%92.8%88.9%52.0% Total operating expenses of the Group, including research expenses, distribution andselling expenses and general administrative expenses, amounted to approximately HK$23.5million for FY2022 (FY2021: approximately HK$64.8 million). The total operating expensesdecreased by approximately 63.7% since the research expenses and distribution andselling expenses have dropped for approximately 92.8% and 88.9%, respectively. Further,general administrative expenses reduced by approximately 52.0% as the Company is in theprogress of its downsizing process. 18.86.6 Other income during FY2022 amounted to approximately HK$18.8 million (FY2021:approximately HK$6.6 million), which was mainly derived from early termination of theleases. 2.08.86.211.8 Charge of loss allowance on financial assets for FY2022 was recorded as approximatelyHK$2.0 million (FY2021: approximately HK$8.8 million) due to decreas