LET GROUP二零二三年年报

WWW.LETGROUPHOLDINGS.COM Lam Hung Tuan2025310 Suntera (Cayman) LimitedSuite 3204, Unit 2A, Block 3, Building DP.O. Box 1586Gardenia Court, Camana BayGrand Cayman KY1–1110Cayman Islands 2024115202452202411520253102024115202411520245220241152025310202452202489202489202411112025310 1617 Union Bank of the PhilippinesChina Banking Corporation PJSC Bank PrimoryePJSC SberbankAlfa-Bank P.O. Box 31119,Grand Pavilion, Hibiscus Way802 West Bay Road,Grand Cayman,KY1–1205 Cayman Islands2023272024916 Citrus Grove, Ground Floor,106 Goring Avenue, George Town,Grand Cayman,Cayman Islands20241025 1383 www.letgroupholdings.com 168–200171705 (852) 2598 1180(852) 2598 1185ir@letgroupholdings.com 20231018202212312022 LET Group Holdings LimitedLETLETLETXWestside CityWestside City Suntrust Resort Holdings, Inc.Westside CityLETXWestside City PAGCOR2023(GGR)2,85351201911.2% LETSuntrust Resort Holdings, Inc.SuntrustLETXLETXSuntrust LET Westside City LET Group Holdings Limited 202312312023278.5202212312022138.4EBITDA33.9202269.3 2023(i)412.5(ii)112.3(iii)(a)34.1(b)483.1 202377.5%369.1408.0 EBITDA 2023369.12022372.33.20.9%2023 (i)–51%SuntrustWestsideCity2025Suntrust20231231 (ii)–69.66%202377.5%369.12022372.3 (iii)–202312312023 202398.437.8202376.1202227.6 2023 2023Suntrust 20232023Suntrust20222022 20231231 202319,950,000 34%202062820232023112.32022160.92023202212312022 2021123150%64,955,799507,086,000AAA 34,045,000263,849,000BB1.5%5 2020730,000,000232,500,000CC14%1220222282022228CC202222820223125% 2023317ABC114.8895.42023319 202312 20221231 2023137.8207.267.5202217.612.244.5 20231231202320232023202120212023483.12023 i) 202020222SWIFT2023 –2023 20212023i)ii)iii)2021202321.65%9.53% 2023(i)(ii)(iii)(iv)2023 20232023Suntrust20222023 20211231402.0201620211231Better Linkage LimitedBetter Linkage297.02018202220162018Major Success Group Limited201620182022127202282820162018201620182016201820162018202212 3120162018 2022970,558,0002018402,000,0002016226,442,000201820221231 2023402,000,0002016226,442,0002018 20232022100%20232022 202312311,210.9202212311,036.8 2023123181,172.720221231400.0202312315Bloomberg Valuation Services5 2023123156.046.95.5%20221231 2023123114.720221231216.4 20.52022123119.12.2202212310.2 2023123120221231628.4 2023123127.5%2022123129.3% 202312311,501.9202212311,382.4257.7202212311,317.8 202312316,000.05,408.0202312.0202312315,396.0202212315,408.0 2023127500,000,00010,000,000202351020231272023510 202312311,172.7(1)202312315,628SuntrustSuntrust(2)(3)Suntrust 20221231400.06,506.1400.02023320233 20231231202212310.5 2022123177.720231231268.7 202320221231Hoi An South Development LimitedHASD34%HASD 20231231Hoi An South Investment Pte. LimitedHASD68%HASD66%HASD 20221231Hoi An South Investment Pte. LimitedHASD68%HASD66%HASD 20232320226270.186269,000,0002023 20232023224269,000,00020233.88% 2023232023224 2023224202348,683,00020231231 1.18,576,00019,000,000424,000 2.202351010,000,000 20231231 20222 35 (i)2023428220,19427,000,000211,950,0001,000,0007,850,000 20237311,700,00013,350,00020234282023731202384 (i) 2023925202392920239252023929 2023103120231112023111_ ii)2023518Solid Impact Limited(i)AAA142,800,000(ii)Joyful Award LimitedBBB137,200,000(i)(ii)ABMSRDCorporation LimitedMSRD51%51%49%108,799 2023714AB100% iii)202392120,000,00021,395,000 20231018202392120231019 iv)2023102619,950,000 2023102620231026 2023518202371420239212023101920231026 2023 202312311,098202212311,07920231231190.92022169.0 202312312022 42 2023(i)Suntrust(ii)(iii) (i)Westside City 20191028Suntrust 51%WestsideSuntrust202054SuntrustSuntrustWestside20191028SuntrustSuntrustWestside City2019102920191125202012020202232020330202054202061520207232020326 20205 29SuntrustSuntrust7311Suntrust1.1SuntrustSuntrustSuntrust74.42%Suntrust7,250,000,000Suntrust2020529 202061SuntrustSummit Ascent Investments LimitedSA InvestmentsSA InvestmentsSuntrust56847.06%8%5Suntrust202020202020814 (i)Westside City 202012SuntrustSA Investments2020 20201218SuntrustMegawide Construction CorporationMegawide20201113Megawide20,000,000,0003,211.0(i)(ii)2021211 2021223SuntrustSA InvestmentsSASA InvestmentsSuntrust120.0930.0SASA6%SASA20215SuntrustSASuntrustSA202122320214202021326 (i)Westside City 2021817202191720211017SA202181820219182021918202110182021101820211118SA InvestmentsSA2022718SAInvestmentsSA202192020211026 2021920SA InvestmentsSuntrustSuntrustSA Investments6410SA InvestmentsSuntrustSASA InvestmentsSASA InvestmentsSA InvestmentsSuntrust128.464995.1SA120.0930.020227188.465.1202192020211026 2022610642022SuntrustSA Investments2022610127.7120.9120.92022613 (i)Westside City 202368Suntrust2023682023726Suntrust25036SuntrustSuntrustSA InvestmentsSuntrust (1)SA Investments SuntrustSuntrustSA Investments(i) 202020221230336,000,000(ii) 20222023610382,900,000SA Investments 2023726SA InvestmentsSuntrustSuntrustSA InvestmentsSuntrust1.1013,511,100,0001,930,000,000822023SA InvestmentsSuntrust2023Suntrus