WANG ON GROUP二零二四年中期报告

INTERIM REPORT2024 CONTENTS目錄 Corporate Information2Interim Dividend6Management Discussion and Analysis6Disclosure of Interests32Share Option Schemes39Corporate Governance and Other Information43Condensed Consolidated Statement of Profit or Loss and47Other Comprehensive IncomeCondensed Consolidated Statement of Financial Position50Condensed Consolidated Statement of Changes in Equity53Condensed Consolidated Statement of Cash Flows55Notes to Interim Condensed Consolidated Financial Information57 CORPORATE INFORMATION BOARD OF DIRECTORS Executive Directors Stephanie Mr. Tang Ching Ho,GBS, JP,ChairmanMs. Yau Yuk Yin,Deputy ChairmanMs. Stephanie Independent Non-executive Directors MBE Mr. Wong Chun, Justein,BBS, MBE, JPMr. Siu Kam ChauMr. Chan Yung,SBS, JP AUDIT COMMITTEE MBE Mr. Siu Kam Chau,ChairmanMr. Wong Chun, Justein,BBS, MBE, JPMr. Chan Yung,SBS, JP REMUNERATION COMMITTEE MBE Mr. Wong Chun, Justein,BBS, MBE, JP,ChairmanMr. Siu Kam ChauMr. Chan Yung,SBS, JPMr. Tang Ching Ho,GBS, JPMs. Yau Yuk Yin NOMINATION COMMITTEE MBE Mr. Tang Ching Ho,GBS, JP,ChairmanMr. Wong Chun, Justein,BBS, MBE, JPMr. Siu Kam ChauMr. Chan Yung,SBS, JPMs. Yau Yuk Yin EXECUTIVE COMMITTEE Stephanie Mr. Tang Ching Ho,GBS, JP,ChairmanMs. Yau Yuk YinMs. Stephanie In case of any inconsistency between the English text andChinese translation of this report, the English text shall prevail. CORPORATE INFORMATION (CONTINUED) INVESTMENT COMMITTEE Stephanie Mr. Tang Ching Ho,GBS, JP,ChairmanMr. Siu Kam ChauMs. Stephanie AUTHORISED REPRESENTATIVES Stephanie Mr. Tang Ching Ho,GBS, JPMs. Stephanie COMPANY SECRETARY Mr. Cheung Chin Wa Angus AUDITOR Ernst & YoungCertified Public AccountantsRegistered Public Interest Entity Auditor LEGAL ADVISERS GallantReed Smith Richards Butler PRINCIPAL BANKERS Bank of Communications (Hong Kong) LimitedBank of DongguanBank SinopacChina Construction Bank (Asia) Corporation LimitedChiyu Banking Corporation Ltd.Chong Hing Bank LimitedCTBC Bank Co., Ltd.Dah Sing Bank, LimitedHang Seng Bank LimitedIndustrial and Commercial Bank of China (Asia) LimitedO-Bank Co., LtdPing An Bank Co., Ltd.Shanghai Pudong Development BankTaiwan Shin Kong Commercial Bank Co., LtdThe 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 PRINCIPALPLACE OF BUSINESS IN HONG KONG 39323202 Suite 3202, 32/F., Skyline Tower39 Wang Kwong RoadKowloon BayKowloonHong Kong PRINCIPAL SHARE REGISTRAR ANDTRANSFER OFFICE IN BERMUDA MUFG Fund Services (Bermuda) Limited4th floor NorthCedar House41 Cedar AvenueHamilton HM 12Bermuda MUFG Fund Services (Bermuda) Limited4th floor NorthCedar House41 Cedar AvenueHamilton HM 12Bermuda BRANCH SHARE REGISTRAR ANDTRANSFER OFFICE IN HONG KONG 1617 Tricor Tengis Limited(up to 1 December 2024)17/F, Far East Finance Centre16 Harcourt RoadHong Kong 1617 Tricor Investor Services Limited(from 2 December 2024)17/F, Far East Finance Centre16 Harcourt RoadHong Kong BOARD LOT 20,000 20,000 shares pr@wangon.com INVESTOR RELATIONS Email: pr@wangon.com Wang On Group LimitedInterim Report 2024 CORPORATE INFORMATION (CONTINUED) www.wangon.com WEBSITE www.wangon.com LISTING The ordinary shares of the Company are listed on the Main Boardof The Stock Exchange of Hong Kong Limited STOCK CODE 1222 1222 INTERIM DIVIDEND INTERIM DIVIDEND The board of directors (the “Board” or the “Director(s)”) of WangOn Group Limited (the “Company”, together with its subsidiaries,collectively referred to as the “Group”) did not recommend thepayment of any interim dividend for the six months ended 30September 2024 (for the six months ended 30 September 2023:Nil). MANAGEMENT DISCUSSIONAND ANALYSIS FINANCIAL RESULTS 1,230,000,0001,136,100,00085,800,000111,000,000 For the six months ended 30 September 2024 (the “Period”), theGroup’s revenue and profit attributable to owners of the parentamounted to approximately HK$1,230.0 million (for the six monthsended 30 September 2023: approximately HK$1,136.1 million)and approximately HK$85.8 million (for the six months ended 30September 2023: approximately HK$111.0 million), respectively. BUSINESS REVIEW 8.3%1,230,000,0001,136,100,000 The Group’s revenue for the Period increased by approximately8.3% to approximately HK$1,230.0 million (for the six monthsended 30 September 2023: approximately HK$1,136.1 million).The increase in revenue was mainly due to the increase in sales ofproperties. 85,800,000111,000,000(i)(ii)(iii)(iv)(a)(b) Profit attributable to owners of the parent for the Period wasapproximately HK$85.8 million as compared to the profitattributable to owners of the parent for the six months ended 30September 2023 of approximately HK$111.0 million. This wasprimarily attributable to, among other things, (i) dec