嘉利国际二零二四/二零二五年年报

同心光速破局 WITH ONE HEARTLIGHTNING SPEEDTURNING THE TIDE “With One Heart •Lightning Speed •Turning the Tide“ These three principles embody the Group’sapproach to steady growth, unifying our team, enhancing operational efficiency, and breakingthrough conventional boundaries to create long-term value for shareholders. 同 心WITH ONE HEART 光 速LIGHTNING SPEED 破 局TURNING THE TIDE Driving forward with thespirit of “Turning the tide“,we actively expand intonew platforms, engage newcustomers and embracetechnological innovationto push beyond limits,relentlessly pursuingbreakthroughs andgrowth and injecting newmomentum into its futuredevelopment. “Lightning Speed” is aboutmoving with purpose andefficiency. We continuouslyoptimize capacity andstreamline workflows toaccelerate decision-makingand resource deployment,ensuring fast, preciseresponses to customer andmarket needs. In the face of an uncertainmarket environment, “WithOne Heart” serves asthe foundation of Karrie’ssteady progress. We placegreat importance onteamwork and alignmentacross all levels, frommanagement to the frontline, working together toimplement each strategicinitiative with cohesion andstrong execution, ensuringthe Group moves forwardwith stability amidstchange. Contents Corporate Information2Key Information for Shareholders4Corporate Calendar6Financial Highlights9Chairman’s Statement12Corporate Governance Report30Senior Management Profile67Report of the Directors74Independent Auditor’s Report121Consolidated Financial Statements130Five-Year Financial Summary287 Corporate Information Clarendon House REGISTERED OFFICEClarendon House2 Church StreetHamilton HM11Bermuda 2 Church StreetHamilton HM11Bermuda 611–6199 HEAD OFFICE AND PRINCIPAL PLACE OF BUSINESS9th Floor Southeast Industrial Building611–619 Castle Peak RoadTsuen WanNew TerritoriesHong Kong http://www.karrie.com WEBSITEhttp://www.karrie.com DIRECTORS Executive DirectorsMr. HO Cheuk Fai(Chairman & CEO)Ms. CHAN Ming Mui, SilviaMr. ZHAO KaiMr. CHAN RaymondMr. HO Wai Hon, Brian(was appointed on 24 June 2025) Independent Non-executive DirectorsMr. FONG Hoi ShingMr. YAM Chung Shing(resigned on 6 September 2024)Dr. LAU Kin WahMr. LAM Yin Shing, Donald(was appointed on 1 July 2024) AUDIT COMMITTEEMr. FONG Hoi Shing(Chairman) Mr. YAM Chung Shing(resigned on 6 September 2024)Dr. LAU Kin WahMr. LAM Yin Shing, Donald(was appointed on 1 July 2024) REMUNERATION COMMITTEEMr. YAM Chung Shing(Chairman) (resigned on 6 September 2024)Dr. LAU Kin Wah(Chairman) (re-designatedon 6 September 2024)Ms. CHAN Ming Mui, SilviaMr. FONG Hoi Shing(was appointed on 6 September 2024) Corporate Information NOMINATION COMMITTEEMr. YAM Chung Shing(Chairman) (resigned on 6 September 2024)Dr. LAU Kin Wah(Chairman) (re-designatedon 6 September 2024)Mr. FONG Hoi ShingMs. CHAN Ming Mui, Silvia(was appointed on 6 September 2024) COMPANY SECRETARYMr. TANG Wing Fai AUDITORKPMGCertified Public AccountantsPublic Interest Entity Auditor registered in accordancewith the Accounting and Financial Reporting CouncilOrdinance8th Floor Prince’s Building10 Chater RoadCentral, Hong Kong 108 LEGAL ADVISERBird & Bird6/F, The Annex, Central Plaza18 Harbour RoadHong Kong 186 PRINCIPAL BANKERSHang Seng Bank The Hongkong and ShanghaiBanking Corporation LimitedThe Bank of East Asia, LimitedStandard Chartered Bank (Hong Kong) LimitedMizuho Bank, Ltd.Sumitomo Mitsui Banking Corporation Appleby Global Corporate Services (Bermuda) LimitedCanon’s Court22 Victoria Street, PO Box HM 1179Hamilton HM EXBermuda Appleby Global Corporate Services(Bermuda) LimitedCanon’s Court22 Victoria Street, PO Box HM 1179Hamilton HM EXBermuda HONG KONG BRANCH SHARE REGISTRAR ANDTRANSFER OFFICEComputershare Hong Kong Investor Services Limited 183171712–1716 Rooms 1712–1716, 17th FloorHopewell Centre183 Queen’s Road EastWanchai, Hong Kong Key Information for Shareholders FINANCIAL CALENDAR 2025Financial Year End31 March 2025 Announcement of 2024/25 results25 June 2025 Last day to register for the entitlement to attend andvote at the 2024/25 Annual General Meeting29 August 2025 2024/25 Annual General Meeting5 September 2025 Last day to register for 2024/25Final Dividends10 September 2025 MARKET CAPITALISATIONAs at 31 March 2025(Closing Price: HK$0.82)HK$1,657,312,824 0.821,657,312,824 0.881,778,579,616 As at 30 June 2025(Closing Price: HK$0.88)HK$1,778,579,616 Key Information for Shareholders STOCK CODE 1050 The Stock Exchange of Hong Kong Limited(the “Stock Exchange”)Main Board1050 BOARD LOT 2,000 2,000ordinary shares of Karrie International HoldingsLimited (the “Company”, together with its subsidiaries, the“Group”) (the “Share(s)”) SHAREHOLDER SERVICES Any matters relating to your shareholding, such as transferof shares, change of name or address, and loss of sharecertificatesshould be addressed in writing to the HongKong branch share registrar of the Company: 183171712–16(852) 2862-8628(852) 2529-6087 Computershare Hong Kon