2022-04-21-港交所-英皇钟表珠宝_2021年报_170页_19mb

2021 Annual Report Summary - Emperor Watch & Jewellery Limited

Results Highlights (業績亮點)

• Revenue: Increased by 49.5% to HK$3,926.6 million (HK$2,627 million)
• Gross Profit: Increased by 46.4% to HK$1,230 million (HK$840 million)
• Adjusted EBITD: Increased by 128.1% to HK$365 million (HK$160 million)
• Net Profit: Increased by 502.9% to HK$205 million (HK$34 million)
• Dividends:
  • Final dividend proposed: HK$0.35 per share (2020: HK$0.15)
  • Total dividend for year: HK$0.9 million per share (2020: HK$0.15 million)

Management Discussion and Analysis (管理層討論及分析)

• Business Performance:

  • Mainland China market rebounded strongly, driving revenue growth of 56.7%
  • Hong Kong market grew 38.4% amid stable consumption
  • Watch and jewellery segments delivered 83.3% and 16.7% of total revenue

• Market Review:

  • Omicron outbreak impacted consumer sentiment in late 2021
  • Government policies affected property market financing in China

• Financial Condition:

  • Maintained strong liquidity with bank balances of HK$556.3 million
  • Applied HKFRS 16 for lease accounting

• Risk Management:

  • Market (interest & foreign exchange)
  • Credit risk
  • Liquidity risk

Investor Relations

• Stock Code: 887 (Hong Kong Stock Exchange)
• Contact: Luk Man Ching (ir@emperorgroup.com)

英國鐘錶珠寶於2021年表現強勁，收入和利潤雙雙增長逾49%及503%。上半年受內地市場復甦推動，下半年則受Omicron疫情影響。公司持續擴展零售網絡，擴張策略聚焦大中華地區。關鍵財務指標包括高毛利率(31.3%)及穩健的流動資金狀況。