WKK INTL (HOLD)2024 年报

115 公司資料 CORPORATE INFORMATION Executive DirectorsWong Senta(Chairman) 2025112025112025242024115 Wong Ava(Deputy Chairman &Chief Executive Officer)Wong Orangeo Wendy(Deputy Chairman)Chang Jui Shum VictorTsui Ying Chun Edward(retired on 1 January 2025)Ho Shu Chan Byron(retired on 1 January 2025)Kwong Man Hang(resigned on 4 February 2025)Wong Vinci(resigned on 5 November 2024) Hamed Hassan El-Abd202478 Non-Executive DirectorHamed Hassan El-Abd(retired on 8 July 2024) 2025319 Independent Non-Executive DirectorsTse Wan Chung Philip Leung Kam FongYip Wai ChunTse Hin Lin Arnold(resigned on 19 March 2025)Lam Yiu Wing Andrew Company SecretarySiu On Chin Angie Independent AuditorPricewaterhouseCoopersCertified Public Accountants andRegistered Public Interest Entity Auditor SolicitorsJ. S. Gale & Co.Stephenson Harwood Bankers The Hongkong and Shanghai Corporation LimitedStandard Chartered Bank (Hong Kong) LimitedBank of China (Hong Kong) LimitedUnited Overseas Bank LimitedHang Seng Bank LimitedDBS Bank (Hong Kong) Limited MUFG Fund ServicesBermuda) Limited202511Appleby Global Corporate ServicesBermuda)Limited202511 Share RegistrarsPrincipal RegistrarMUFG Fund Services (Bermuda) Limited(ceased on 1 January 2025)Appleby Global Corporate Services (Bermuda) Limited(effective from 1 January 2025)Hong Kong RegistrarTricor Investor Services Limited Clarendon House2 Church StreetHamilton, HM11Bermuda Registered OfficeClarendon House2 Church StreetHamilton, HM11Bermuda 817 Principal Office17/F, Harbourside HQNo.8 Lam Chak StreetKowloon BayHong Kong 主席報告書 CHAIRMAN’S STATEMENT BUSINESS REVIEW 6% The Group’s revenue for the year 2024 was HK$3.4 billion,reflecting a decrease of approximately 6% compared to 2023. TheGroup’s loss attributable to owners of the Company for the yearwas HK$190.2 million as compared to the loss attributable toowners of the Company of HK$132.8 million for last year, mainlydue to global economic downturn, coupled with the prevailingtrade and geopolitical tensions and continued high interest rate. Trading and Distribution Division 14%6% The revenue of the Group’s Trading and Distribution Divisionfor2024 was HK$1.6 billion,representing a decrease ofapproximately 14% compared to last year. This was mainly dueto fact that the customers of the Division’s Taiwan subsidiaryreduced their orders to scale back their inventory and capitalexpenditure. In contrast, the Division’s subsidiaries in the PRCperformed well during the year 2024 compared to last year astheir customers increased their capacity and orders. As a result,the Trading and Distribution Division achieved an operating profitof HK$65 million for the year 2024, reflecting a decrease ofapproximately 6% compared to last year. OEM Manufacturing Division 1.4% The Group’s OEM Manufacturing Division incurred an operatingloss of HK$169.2 million for this year as compared to anoperating loss of HK$122.7 million last year despite a slightincrease in revenue by approximately 1.4% to HK$1.8 billion for2024 compared to last year. This was due, first, to a change in theproduct mix. Secondly, the Division’s Mexican manufacturingfacility did not operate at its optimal efficiency as anticipated inthe second half of 2024. The inefficiency was mainly due to thelabour quality of the local workforce, and the inability to sourcekey components from nearby countries, resulting in the need tostill source from mainland China. 主席報告書 CHAIRMAN’S STATEMENT FINANCE 7.6% As at 31 December 2024, the Group had committed bank andother financing facilities totaling HK$2,570 million, of whichHK$719 million was drawn down. As at 31 December 2024, theGroup’s consolidated net debt amounted to HK$112.5 million andtotal equity amounted to HK$1,487.1 million, resulting in a netgearing ratio of 7.6%. The net gearing ratio was calculated as netdebt divided by total equity. Net debt is calculated as total bankborrowings and lease liabilities less cash and cash equivalents andshort-term bank deposits. Most of the Group’s sales were conducted in the same currenciesas the corresponding purchase transactions. Foreign exchangecontracts were used to hedge exposure where necessary. CAPITAL STRUCTURE The Group’s capital structure consists of bank borrowings,cash and cash equivalents, short-term bank deposits and equityattributable to owners of the Company, comprising issued sharecapital and reserves. HUMAN RESOURCES 3,8801912,770919 Asat 31 December 2024,the Group had a total of 3,880employees, of whom 191 were based in Hong Kong, 2,770 inthe PRC and 919 overseas. The remuneration packages of theGroup’s employees are mainly based on their performance andexperience, taking into accounts current industry practices.Provident fund scheme, medical allowance and in-house andexternal training programs are available to employees. Shareoptions and discretionary bonus may be provided to employeesaccording to the performance of the individual and the Group. Theremuneration p