2021-12-10-港交所-英皇国际_2021_2022_中期报告_41页_1mb

2021/2022 Elegance Group (International) Limited Interim Financial Report Summary

This report covers the financial performance of Elegance Group (International) Limited for the period up to September 30, 2021. The company operates primarily in the retail and real estate sectors, focusing on luxury and premium retail offerings. Below is a summary of key financial highlights and performance indicators for the period:

Overall Performance

• ** Revenue Growth**: The group reported revenue of approximately HKD 1.39 billion in 2021, representing a significant increase compared to the previous year's HKD 637.5 million.
• Profit Increase: Despite a challenging market environment, the company achieved a net profit of HKD 1,392 million, up from HKD 637.5 million in 2020.

Key Segments

• Real Estate and Property Sales: This segment saw major revenue contributions in 2021, driving overall growth. Sales from properties reached HKD 1.2 billion, boosted by high-end property transactions.
• Retail Operations: Favorable performance in tier 1, 2, and 3 cities supported steady revenue growth. The Eastgate project was a standout performer, attracting high occupancy rates and user engagement.
• Asset Management: Average yield for assets under management was 5-6%, indicating stable performance in this area.

Financial Position

• Operating Costs: Major operating costs have remained relatively stable, contributing to a higher gross profit margin.
• ** Cash Flow**: The company maintains sufficient liquidity to support ongoing investments and operational needs.

Outlook

• Future Plans: Elegance Group plans to expand into new markets and enhance digital capabilities to sustain growth into Fiscal Year 2022/2023.

This report aims to provide stakeholders with a comprehensive overview of the company's current status while outlining strategic directions to ensure continued success.

For the full detailed analysis and annual reports, please refer to the official sources available on the Hong Kong Stock Exchange website (https://www.hkexnews.hk) or the company's investor relations page (https://www.emperorint.com).