威高国际2025年年报

Contents目錄 Corporate Information2-4 Chairman’s Statement5-11 Directors’ Report12-24 Corporate Governance Report25-53 Independent Auditor’s Report54-61 Consolidated Statement of Profit or Lossand Other Comprehensive Income62 Consolidated Statement of Financial Position63 Consolidated Statement of Changes in Equity64-65 Consolidated Statement of Cash Flows66-67 Notes to the Consolidated Financial Statements68-179 Financial Summary180 Corporate Information公司資料 Directors Executive directors Mr. CHENG Chung Man, Johnny(Chairman)Ms. LAM Yuk Sum(Chief Executive Officer) Non-executive directorMr. LAM Man Tin Independent non-executive directors Mr. AU-YEUNG Hau CheongMr. CHENG Man Loong, MontyMs. LAU Sze Tung(appointed on 15th December, 2024)Mr. YEUNG Wing Kay(resigned on 15th December, 2024) 2024121520241215 Audit Committee Members Ms. LAU Sze Tung(Chairlady)(appointed on 15th December, 2024)Mr. YEUNG Wing Kay(Chairman)(resigned on 15th December, 2024)Mr. AU-YEUNG Hau CheongMr. CHENG Man Loong, Monty 2024121520241215 Nomination Committee Members Mr. CHENG Chung Man, Johnny(Chairman)Mr. AU-YEUNG Hau CheongMr. CHENG Man Loong, MontyMs. LAM Yuk SumMs. LAU Sze Tung(appointed on 15th December, 2024)Mr. YEUNG Wing Kay(resigned on 15th December, 2024) 2024121520241215 Remuneration Committee Members Ms. LAU Sze Tung(Chairlady)(appointed on 15th December, 2024)Mr. YEUNG Wing Kay(Chairman)(resigned on 15th December, 2024)Mr. AU-YEUNG Hau CheongMr. CHENG Chung Man, JohnnyMr. CHENG Man Loong, MontyMs. LAM Yuk Sum 2024121520241215 Corporate Information公司資料 Authorised Representatives Mr. CHENG Chung Man, JohnnyMs. LAM Yuk Sum Company Secretary 202521202521 Ms. CHOW Man Yee(appointed on 1st February, 2025)Ms. WONG Chi Ying(resigned on 1st February, 2025) Legal Adviser as to Cayman Islands Law Conyers Dill & Pearman, CaymanZephyr HouseGeorge TownGrand CaymanBritish West Indies Conyers Dill & Pearman, CaymanZephyr HouseGeorge TownGrand CaymanBritish West Indies Legal Adviser as to Hong Kong Law Chiu & Partners40th Floor, Jardine House1 Connaught PlaceHong Kong •140 Auditor Ernst & YoungCertified Public AccountantsRegistered Public Interest Entity Auditor27th Floor, One Taikoo Place979 King’s RoadQuarry Bay, Hong Kong 97927 Registered Office Cricket SquareHutchins DriveP.O. Box 2681Grand Cayman KY1-1111Cayman Islands Cricket SquareHutchins DriveP.O. Box 2681Grand Cayman KY1-1111Cayman Islands Corporate Information公司資料 Head Office and Principal Place of Business 10th Floor, Wyler Centre Phase II192-200 Tai Lin Pai RoadKwai Chung, New TerritoriesHong Kong 192-200 Principal Share Registrar and Transfer Office Conyers Trust Company (Cayman) LimitedCricket SquareHutchins DriveP.O. Box 2681Grand Cayman KY1-1111Cayman Islands Conyers Trust Company (Cayman) LimitedCricket SquareHutchins DriveP.O. Box 2681Grand Cayman KY1-1111Cayman Islands Hong Kong Branch Share Registrar and Transfer Office Tricor Investor Services Limited17/F, Far East Finance Centre16 Harcourt RoadHong Kong 1617 Principal Bankers Bank of China (Hong Kong) LimitedCTBC Bank Co., Ltd.DBS Bank (Hong Kong) LimitedO-Bank Co., Ltd. Website Addresses www.veeko.com.hkwww.irasia.com/listco/hk/veeko/index.htm www.veeko.com.hkwww.irasia.com/listco/hk/veeko/index.htm Stock Code 1173 1173 Chairman’s Statement主席報告書 MANAGEMENT DISCUSSION AND ANALYSIS 105ColourmixMORIMORVeekoWanko The Group is a retailer which sells cosmetics products and ladiesfashion through our retail network consisting of 105 points of salein Hong Kong and Macau, to provide quality and value for moneycosmetics products and fashion apparel and accessories to a wide rangeof consumers at cosmetics stores, namelyColourmixandMORIMOR,and ladies fashion stores, namelyVeekoandWanko, respectively. Business Review During the year ended 31st March, 2025 (the “Year”), the Grouprecorded revenue of HK$481,484,000 (2024: HK$586,710,000),representing a decrease of 17.9% as compared to the same periodlast year. Hong Kong economy continued to face grave challenges.The decrease in revenue was driven by the decrease in the number ofstores of the Group during the Year, continued northbound spendingand overseas travel by Hong Kong residents and reduced consumptionfrom tourists. The Group recorded a gross profit of HK$221,168,000for the Year, representing a decrease of 14.7% as compared withHK$259,321,000 for the same period last year, whereas the overallgross profit margins increased by 1.7 percentage points to 45.9% forthe Year from 44.2% for the previous year. The gross profit marginof cosmetics segment increased in the Year when compared with thatof the previous year, while the gross profit margin of fashion segmentremained at the same level. 20253 31481,484,0002024586,710,00017.9%221,168,000259,321,00014.7%1.744.2%45.9% D u r i n g t h e Y e a r , t h e G r o u p r e c o r d e d a l o s s a f t e r t a x o fHK$124,767,000 (2024: a loss after tax of HK$40,043,000).