域高国际控股2024/2025年报

Annual Report����/��年報 CONTENTSCORPORATE INFORMATIONSTATEMENT FROM THE CHAIRMANMANAGEMENT DISCUSSION AND ANALYSISBIOGRAPHICAL DETAILS OF DIRECTORS AND SENIOR MANAGEMENTENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORTCORPORATE GOVERNANCE REPORTDIRECTORS’ REPORTINDEPENDENT AUDITOR’S REPORTCONSOLIDATED STATEMENT OF PROFIT OR LOSS ANDOTHER COMPREHENSIVE INCOMECONSOLIDATED STATEMENT OF FINANCIAL POSITIONCONSOLIDATED STATEMENT OF CHANGES IN EQUITYCONSOLIDATED STATEMENT OF CASH FLOWSNOTES TO THE CONSOLIDATED FINANCIAL STATEMENTSFIVE-YEAR FINANCIAL SUMMARY 24614226897113120121123124126239 CORPORATE INFORMATIONVico International Holdings LimitedAnnual Report 2024/2025BOARD OF DIRECTORSExecutive DirectorsMr. HUI Pui Sing(Chairman)Ms. TONG Man WahMr. HUI Yip Ho Eric(Chief Executive Officer)Mr. KONG Man HoNon-executive DirectorMr. WONG Chun ManIndependent non-executive DirectorsMr. LEUNG Ho ChiMr. CHAN Ching SumMs. NG Wing Sze VinceAUDIT COMMITTEEMr. LEUNG Ho Chi(Chairman)Mr. CHAN Ching SumMs. NG Wing Sze VinceREMUNERATION COMMITTEEMr. LEUNG Ho Chi(Chairman)Mr. HUI Yip Ho EricMs. NG Wing Sze VinceNOMINATION COMMITTEEMr. HUI Pui Sing(Chairman)Mr. LEUNG Ho ChiMr. CHAN Ching SumMs. NG Wing Sze Vince(Appointed on 28 March 2025)AUTHORISED REPRESENTATIVESMr. HUI Yip Ho EricMr. KONG Man HoCOMPANY SECRETARYMs. CHAN Sze Ting(FCG, HKFCG) (FCG, HKFCG) P.O. Box 31119 Grand Pavilion, Hibiscus Way802 West Bay Road, Grand Cayman, KY1-1205P.O. Box 31119 Grand Pavilion, Hibiscus Way802 West Bay Road, Grand Cayman, KY1-1205 2024/2025Cayman Islands10111617Vistra (Cayman) LimitedCayman Islands81903A–19051621www.vicointernational.hk REGISTERED OFFICEP.O. Box 31119 Grand Pavilion, Hibiscus Way802 West Bay Road, Grand Cayman, KY1-1205Cayman IslandsHEAD OFFICE AND PRINCIPAL PLACE OF BUSINESSIN HONG KONGUnit D, 11/F, Billion Plaza IINo. 10 Cheung Yue StreetCheung Sha Wan, Hong KongHONG KONG BRANCH SHARE REGISTRAR ANDTRANSFER OFFICETricor Investor Services Limited17/F, Far East Finance Centre16 Harcourt Road, Hong KongCAYMAN ISLANDS PRINCIPAL SHARE REGISTRARAND TRANSFER OFFICEVistra (Cayman) LimitedP.O. Box 31119 Grand Pavilion, Hibiscus Way802 West Bay Road, Grand Cayman, KY1-1205Cayman IslandsAUDITORPrism Hong Kong Limited(Formerly known as Prism Hong Kong and Shanghai Limited)Certified Public AccountantsRegistered Public Interest Entity AuditorUnits 1903A–1905, 8 Observatory RoadTsim Sha Tsui, KowloonHong KongPRINCIPAL BANKERSBank of China (Hong Kong) LimitedChong Hing Bank LimitedSTOCK CODE1621COMPANY WEBSITEwww.vicointernational.hk D STATEMENT FROM THE CHAIRMANVico International Holdings LimitedAnnual Report 2024/2025Dear Shareholders,On behalf of the board (the “Board”) of directors (the“Directors” and each a “Director”) of Vico InternationalHoldings Limited (the “Company”), I am pleased to present theannual report of the Company and its subsidiaries (collectively,the “Group”) for the year ended 31 March 2025 (the “CurrentPeriod”).During the Current Period, the Group maintained stableoperations across its core businesses in Hong Kong, includingthe sale of diesel and lubricant oil, and the provision of fleetcard services. Despite persistent market headwinds, suchas subdued consumer spending and ongoing geopoliticaltensions, the Group recorded total revenue of approximatelyHK$1,544.8 million and gross profit of approximately HK$45.9million.Hong Kong’s economy registered moderate growth, withGDP rising by 3.1% in the first quarter of 2025. Nonetheless,the business environment remained challenging due toweak domestic sentiment, rising operational costs, and thepostponement of major public development projects by thegovernment. The recent escalation of U.S. tariffs on goodsfrom China and Hong Kong also placed additional pressure onregional trade and logistics.To mitigate these challenges, the Group took proactive stepsto strengthen operational agility and cost control. In responseto the evolving energy landscape and the increasing adoptionof electric vehicles, the Group refined its product focus.While diesel demand faced continued pressure, lubricantoil remained a resilient source of revenue, supported bytransportation and industrial sectors.Looking ahead, the Group remains cautiously optimistic.Diversification will continue to be a core strategy, and we areexploring opportunities to expand our lubricant oil businessinto selected overseas markets. In parallel, we plan toenhance our digital capabilities and explore the integration ofartificial intelligence to drive efficiency and improve customerexperience. 1,544,800,00045,900,000 3.1% 52024/2025STATEMENT FROM THE CHAIRMAN On behalf of the Board, I would like to extend my heartfeltgratitude to our employees for their unwavering dedication, ourcustomers for their continued support, and our shareholdersfor their trust in our vision. Together, we will strive to overcomethe challenges and achieve greater milestones in the comingyears. Thank you for your ongoing support.HUI Pui SingChairmanH