沪港联合2024/25年报

CONTENTSCorporate Information公司資料Highlights摘要Five-Year Financial Summary五年財務摘要Chairman’s Statement主席報告書Management Discussion and Analysis管理層討論及分析Corporate Governance Report企業管治報告Report of the Directors董事會報告Profile of Directors and Senior Management董事及高級管理人員履歷Independent Auditor’s Report獨立核數師報告Consolidated Income Statement綜合損益表Consolidated Statement of Comprehensive Income綜合全面損益表Consolidated Statement of Financial Position綜合財務狀況表Consolidated Statement of Changes in Equity綜合權益變動表Consolidated Statement of Cash Flows綜合現金流量表Notes to the Consolidated Financial Statements綜合財務報表附註 24561227557378858687899193 Hong Kong Shanghai Alliance Holdings Limited｜滬港聯合控股有限公司CORPORATE INFORMATIONBOARD OF DIRECTORSExecutive DirectorsMr. Yao Cho Fai Andrew(Chairman and Chief Executive Officer)Mr. Lau Chi ChiuNon-executive DirectorMs. Wong Kwai Sun(appointed on 13th December 2024)Independent Non-executive DirectorsMr. Xu Lin BaoMr. Yeung Wing Sun MikeMr. Li YinquanMs. Cheung Marn Kay(appointed on 27th June 2025)EXECUTIVE COMMITTEEMr. Yao Cho Fai Andrew(Chairman)Mr. Lau Chi ChiuAUDIT COMMITTEEMr. Li Yinquan(Chairman)Mr. Xu Lin BaoMr. Yeung Wing Sun MikeMs. Cheung Marn Kay(appointed on 27th June 2025)REMUNERATION COMMITTEEMr. Xu Lin Bao(Chairman)Mr. Yao Cho Fai AndrewMr. Li YinquanMs. Cheung Marn Kay(appointed on 27th June 2025)NOMINATION COMMITTEEMr. Yao Cho Fai Andrew(Chairman)Mr. Xu Lin BaoMr. Yeung Wing Sun MikeMs. Cheung Marn Kay(appointed on 27th June 2025)AUTHORISED REPRESENTATIVESMr. Yao Cho Fai AndrewMs. Wong Yuen SzeCOMPANY SECRETARYMs. Wong Yuen SzeAUDITORPricewaterhouseCoopersCertified Public Accountants andRegistered Public Interest Entity Auditors 姚祖輝先生（主席兼首席執行官）劉子超先生黃桂新女士（於二零二四年十二月十三日獲委任）徐林寶先生楊榮燊先生李引泉先生章曼琪女士（於二零二五年六月二十七日獲委任）姚祖輝先生（主席）劉子超先生李引泉先生（主席）徐林寶先生楊榮燊先生章曼琪女士（於二零二五年六月二十七日獲委任）徐林寶先生（主席）姚祖輝先生李引泉先生章曼琪女士（於二零二五年六月二十七日獲委任）姚祖輝先生（主席）徐林寶先生楊榮燊先生章曼琪女士（於二零二五年六月二十七日獲委任）姚祖輝先生黃婉詩女士黃婉詩女士羅兵咸永道會計師事務所執業會計師及註冊公眾利益實體核數師 中國銀行（香港）有限公司交通銀行股份有限公司中國建設銀行股份有限公司創興銀行有限公司花旗銀行大新銀行有限公司富邦銀行（香港）有限公司上海商業銀行有限公司上海浦東發展銀行股份有限公司東亞銀行有限公司Clarendon House2 Church StreetHamilton HM11Bermuda香港灣仔駱克道41號東城大廈11樓1103-05室網址: https://www.hkshalliance.com電子郵箱: enquiry@hkshalliance.comAppleby Global Corporate Services(Bermuda) LimitedCanon’ s Court22 Victoria StreetPO Box HM 1179Hamilton HM EXBermuda香港中央證券登記有限公司香港灣仔皇后大道東183號合和中心17樓1712-1716號舖1001 PRINCIPAL BANKERSBank of China (Hong Kong) LimitedBank of Communications Co., Ltd.China Construction Bank Corporation LimitedChong Hing Bank LimitedCitibank, N.A.Dah Sing Bank, LimitedFubon Bank (Hong Kong) LimitedShanghai Commercial Bank LimitedShanghai Pudong Development Bank Co., Ltd.The Bank of East Asia, LimitedREGISTERED OFFICEClarendon House2 Church StreetHamilton HM11BermudaPRINCIPAL PLACE OF BUSINESS IN HONG KONGRooms 1103-05, 11th FloorEast Town Building41 Lockhart RoadWanchai, Hong KongWebsite: https://www.hkshalliance.comE-mail Address : enquiry@hkshalliance.comSHARE REGISTRARS AND TRANSFER OFFICESPrincipal RegistrarAppleby Global Corporate Services(Bermuda) LimitedCanon’s Court22 Victoria StreetPO Box HM 1179Hamilton HM EXBermudaHong Kong Branch RegistrarComputershare Hong Kong Investor Services LimitedShops 1712-1716, 17th FloorHopewell Centre183 Queen’s Road EastWanchai, Hong KongSTOCK CODE1001 2024/25 Annual Report| 年報 HIGHLIGHTSHong Kong Shanghai Alliance Holdings Limited｜滬港聯合控股有限公司FINANCIAL HIGHLIGHTSFor the year ended 31st MarchRevenueGross profitOperating profitProfit for the yearProfit attributable to ownersof the CompanyBasic earnings per ordinaryshare (HK cents)Interim dividend per ordinaryshare (HK cents)Proposed final dividend perordinary share (HK cent(s))Gross profit marginOperating profit marginNet profit marginREVENUE BY LINES OF BUSINESS各項業務之收入Steels Distribution and Processing Business鋼鐵分銷及加工業務Building Products Distribution Business建築材料分銷業務Property Investment and Fund Management Business房地產投資及基金運營業務 FIVE-YEAR FINANCIAL SUMMARY2024/25 Annual Report| 年報Thefollowing is a summary of the audited consolidatedfinancial statements of Hong Kong Shanghai Alliance HoldingsLimited (the “Company”) and its subsidiaries (collectively, the“Group”) for the respective years as hereunder stated.Year endedYear endedYear endedYear endedYear ended31st March 202531st March 202431st March 202331st March 202231st March 2021HK$’000HK$’000HK$’000HK$’000HK$’0002,111,8042,303,1762,658,4812,807,9002,073,632156,951199,943180,778156,99296,000(71,700)(91,339)(76,097)(61,436)(62,914)(19,641)(22,750)(11,297)(12,550)(19,724)65,61085,85493,38483,00613,36215,634(8,844)(11,201)(19,567)(9,539)81,24477,01082,18363,4393,82389,61778,78282,84665,5031,673(8,373)(1,772)(663)(2,064)2,15081,24477,01082,18363,4393,82321,00515,99216,01019,2126,412As atAs atAs atAs atAs at31st March 202531st March 202431st March 202331st March 202231st March 2021HK$’000HK$’000HK$’000HK$’000HK$’0001,644,9581,703,6821,798,7991,966,7491,881,726910,420946,2201,158,6221,401,4721,079,044(1,053,742)(1,157,479)(1,713,835)(1,374,122)(1,065,294)(407,635)(450,564)(170,