2025-04-23-港交所-坚宝国际_二零二四年年报_162页_1mb

K & P International Holdings Limited 2024 Annual Report Summary

Overview

K & P International Holdings Limited (Incorporated in Bermuda) is an investment holding company primarily engaged in manufacturing and sales of precision parts and components. The company operates in Hong Kong, China, Japan, South America, Europe, North America, and other regions.

Financial Highlights

• Revenue: Decreased by HKD 9.0 million (5.0%) to HKD 176.4 million.
• Net Loss: Attributable to owners was HKD 9.06 million (HKD 26.1 million in 2023).
• Gross Profit Margin: Improved to 20.6% from 13.1% in 2023.
• Key Market: Japan and other Asian countries remain the largest revenue contributor.

Chairman's Statement

The Chairman attributed the improved net loss to economic challenges including geopolitical tensions and tariffs, though the company benefited from customer orders and inventory management.

Corporate Governance

The company maintains strong governance practices, including:

• Independent non-executive directors (3 out of 7).
• Committees (Executive, Audit, Remuneration, Nomination) functioning effectively.
• Compliance with listing requirements and shareholder rights.

Director and Officer Information

• Executive Directors: 5 directors aged 47-75.
• Independent Non-Executive Directors: 3 directors over 70 years old.

Financial Summary (Five-Year)