英皇资本2023/2024年报

CONTENTS泘ꍖ Corporate Information and Key Dates⪝⺚鞳乢⹖ꄆ釒仼僿2Results Summary哅端哯鈮4Management Discussion and Analysis畚杼㷼鋁鑝⹖⮇冫5Biographies of Directors and Senior Management蝕◄⹖냖碍畚杼㷼╯㷿塽14Directors’ Report蝕◄僎㕕⼔17Corporate Governance Report⚀哅畚媪㕕⼔31Independent Auditor’s Report暐环劭丩䅨㕕⼔60Consolidated Statement of Profit or Loss andOther Comprehensive Income禍⺭䮇沠⹖⪭☾ꪫ䷅沠辑68Consolidated Statement of Financial Position禍⺭靸ⳉ敻媲辑69Consolidated Statement of Changes in Equity禍⺭垷沠闭Ⳃ辑70Consolidated Statement of Cash Flows禍⺭杯ꄌ孲ꄈ辑71Notes to the Consolidated Financial Statements禍⺭靸ⳉ㕕辑ꡭ錝73Financial Summary靸ⳉ哯釒162 CORPORATE INFORMATION AND KEY DATES⪝⺚鞳乢⹖ꄆ釒仼僿 亦2025䇗1僖1仼 As at 1 January 2025 蝕◄ Directors 咈朋鍷╚䅫葷䷨㬅랉䑪魟랉䐼伺*⛸䳬㛿*ꢷ㭛朊**մ暐环ꪞ㓵车蝕◄ Daisy Yeung(Chairperson)Fan Man Seung, VanessaWong Chi FaiWong Tak Ming, Gary*Yu King Tin*Chan Sim Ling, Irene**մIndependent Non-executive Directors ⪝⺚熺債ⱍ典⟊ Company SecretaryLau Tung Po 㓵车㡨⿦僎咈朋鍷╚䅫葷䷨㬅랉䑪魟 Executive CommitteeDaisy Yeung(Chairperson)Fan Man Seung, VanessaWong Chi Fai 㴱劭㡨⿦僎⛸䳬㛿╚䅫랉䐼伺ꢷ㭛朊 Audit Committee Yu King Tin(Chairman)Wong Tak Ming, GaryChan Sim Ling, Irene 詯ꀦ㡨⿦僎랉䐼伺╚䅫葷䷨㬅⛸䳬㛿 Remuneration CommitteeWong Tak Ming, Gary(Chairman)Fan Man Seung, VanessaYu King Tin 䬠⺲㡨⿦僎ꢷ㭛朊╚䅫咈朋鍷랉䐼伺 Nomination Committee Chan Sim Ling, Irene(Chairperson)Daisy YeungWong Tak Ming, Gary ⚀哅畚媪㡨⿦僎 葷䷨㬅╚䅫⛸䳬㛿ꢷ㭛朊┉⺲⪝⺚熺債绹耉♏辑┉⺲靸ⳉ⹖僎銷绹耉♏辑 Corporate Governance Committee Fan Man Seung, Venessa(Chairperson)Yu King TinChan Sim Ling, Irenea representative from company secretarial functiona representative from finance and accounts function 劭丩䅨䐼꟯랉ꢷ亡僎銷䅨车錝⫈⪝浑⮵沠㴨냇劭丩䅨 Auditor Deloitte Touche TohmatsuRegistered Public Interest Entity Auditor 䤸鞳縖꟯➡刨鍪ꣃ乄ꪘ꧇鼾ir717@EmperorGroup.com Investor Relations ContactLuk Man Ching, AnnaEmail: ir717@EmperorGroup.com 私珇https://www.EmperorCapital.com Websitehttps://www.EmperorCapital.com 罇♷♏谝꺞绤⺭◬佄䢦717 Stock CodeHong Kong Stock Exchange: 717 Emperor Capital Group Limited葐永鞳儗꥘㎯僗꡿⪝⺚Annual Report 2023 / 2024䇗㕕2 CORPORATE INFORMATION AND KEY DATES⪝⺚鞳乢⹖ꄆ釒仼僿 亦2025䇗1僖1仼錝⫈鰾◄谊Clarendon House2 Church StreetHamilton HM 11Bermuda As at 1 January 2025 Registered Office Clarendon House2 Church StreetHamilton HM 11Bermuda ╚釒揩哅㏑럅 Principal Place of Business 꺞想☻髲㶻鍷鷻288谝葐永꥘㎯╈䑐24嗼 24th FloorEmperor Group Centre288 Hennessy RoadWanchaiHong Kong ╚釒罇♷鷪䢒氨鋘谊 Principal Share Registrar and Transfer Office Conyers Corporate Services (Bermuda) LimitedClarendon House2 Church StreetHamilton HM 11Bermuda Conyers Corporate Services (Bermuda) LimitedClarendon House2 Church StreetHamilton HM 11Bermuda 꺞罇♷鷪䢒氨鋘⮇谊 Hong Kong Branch Share Registrar andTransfer Office 绤⺭镜⯉氨鋘僗꡿⪝⺚꺞ⴰ鉈葐永鷻338谝虓䟛◬佄䊹㕙2僿33嗼3301-04㲝 Union Registrars LimitedSuites 3301-04, 33/FTwo Chinachem Exchange Square338 King’s RoadNorth Point, Hong Kong ╚釒䏢✿ꉐ车 Principal Bankers 꺞┕宿帠雧ꉐ车僗꡿⪝⺚典◟ꉐ车僗꡿⪝⺚┕宿ꉐ车꺞僗꡿⪝⺚㛻亏ꉐ车僗꡿⪝⺚ The Hongkong and Shanghai Banking Corporation LimitedThe Bank of East Asia, LimitedBank of Shanghai (Hong Kong) LimitedDah Sing Bank Limited ꄆ釒仼僿 Key Dates 19 December 202427 February 202521 February 2025(before 4:30 p.m.) 䇗䈲哅端⪝⼔2024䇗12僖19仼2025䇗罇典鶞䇗㛻僎2025䇗2僖27仼鸚◬鷪䢒乄♭僅䏳꡿僿2025䇗2僖21仼┖ⶎ4侇30⮇⯥ Annual Results Announcement2025 Annual General Meeting– Latest time to lodge transfers RESULTS SUMMARY哅端哯鈮 葐 永 鞳 儗 ꥘ ㎯ 僗 ꡿ ⪝ ⺚ր儗 ⪝ ⺚ց╯ 蝕◄ 僎ր蝕 ◄ 僎ց䡝ր蝕 ◄ց䬠  儗 ⪝ ⺚ ⹖⪭ ꡭ 㸋 ⪝ ⺚ 礵 牒 憡ր儗 ꥘ ㎯ց䡽 舘2 0 2 4䇗9僖3 0仼 塛 䇗 䈲ր儗 䇗 䈲ց╯ 祺 㴱 劭 禍⺭ 哅 端 The board of directors (“Board” or “Directors”) of Emperor CapitalGroup Limited (“Company”) presents the audited consolidatedresults of the Company and its subsidiaries (collectively referredto as “Group”) for the year ended 30 September 2024 (“Year”). MANAGEMENT DISCUSSION AND ANALYSIS畚杼㷼鋁鑝⹖⮇冫 哅端 Results ⨅ 畚 ꪫ 㵴 ㌅ 㼢 氳 揩 り 梫 㗟儗 ꥘ ㎯ 亦 儗 䇗䈲 ╯ 竬 ䷅ ⪌ 㘎 ⱶ2 0 . 5 %舘5 3 1 , 6 0 0 , 0 0 0⩕2 0 2 3䇗4 4 1 , 0 0 0 , 0 0 0 ⩕╚ 釒 ✿舅㰃㷤鞚堑⪭☾鞚堑⹖㗭堑╯峎⡭䲡⤔屻갯ր峎 ⡭ 䲡 ⤔ց㛻 䆋 峎 㵼 舘1 5 8 , 9 0 0 , 0 0 0 ⩕2 0 2 3䇗4 0 3 , 6 0 0 , 0 0 0 ⩕舜 ✳儗꥘㎯鮺谱憡沜舘屻嶯⮵66,400,000⩕2 0 2 3䇗屻 谱 䮇1 6 0 , 6 0 0 , 0 0 0 ⩕夷罇 㓹 儗 沜 ⮵ 憡0 . 9 8 ♂2 0 2 3䇗夷 罇 㓹儗 谱 䮇2 . 3 8 ♂ Despite facing a tough operating business environment, theGroup’s total revenue increased by 20.5% to HK$531.6 million(2023:HK$441.0 million)during the Year.Net impairmentallowances mainly from margin loans, other loans and advances(“Impairment Allowances”) decreased significantly to HK$158.9million (2023: HK$403.6 million), resulting in the Group turningaround to a net profit of HK$66.4 million (2023: net loss ofHK$160.6 million). Basic earnings per share was HK0.98 cent(2023: basic loss per share of HK2.38 cents). 䄬㕙㍑걙 Market Review 竐 ✳ 㱴 鈶 祺 忴 ㏇ 橻 䗯 鷪 䏳 傿 ┉ 䈲 㞒 鮺⛙ 杶 ╚ 釒 祺 忴 냇  ╈ ㎜ ⹖ 紈 ㎜ 亦 儗 䇗 䈲 ㏱ꪫ 㵴 ㍮ 㗟㏑ 稫 ䷓ 媪 秵 䍗⥍ ⳉ ゖ 갭鵡 聽㙫 ⱱ냖 㜊 哅 曎 璣ⱶ ┕ ꯏ 僿 紈 绤 ⨶ 䋟 鹏 ꡺䕜㏱ 㵴 鞳 儗 䄬 㕙 ♓ ⹖ ⚀ 哅 氳 哅 ⳉ 辑 杯 榣榟 ┘ ⮵ 䏆 ꮷ꺞  罇 䄬 䡗 ◬ ꄈ 䧏 箜 ⛧ 鴂┦꺙 埠 ⪝ ꝧ 氪 す 䄬 㕙 檅 鬂 Although the macro economy had once seen improvement afterthe pandemic, the world’s major economies – China and theUnited States – have been facing headwinds during the Year:geopolitical