InterimReport 中期报告 2022/2023 1 CONTENTS 目录 CorporateInformation02 公司资料 ManagementDiscussionandAnalysis04 管理层讨论及分析 FinancialStatements 财务报表 CondensedConsolidatedStatementofProfitorLoss16 简明综合损益表 CondensedConsolidatedStatementofComprehensiveIncome17 简明综合全面收益表 CondensedConsolidatedStatementofFinancialPosition18 简明综合财务状况表 CondensedConsolidatedStatementofChangesinEquity19 简明综合权益变动表 CondensedConsolidatedStatementofCashFlows20 简明综合现金流量表 NotestoCondensedConsolidatedInterimFinancialStatements22 简明综合中期财务报表附注 InformationProvidedinAccordancewiththeListingRules36 根据上市规则提供之资料 CORPORATEINFORMATION 公司资料 EXECUTIVEDIRECTORS Mr.CHANPeterTitSangMr.CHANKennethChiKinMr.CHANChiMing Mr.CHANChunSangDesmond INDEPENDENTNON-EXECUTIVEDIRECTORS Mr.NGSzeYuenTerryDr.CHUPoKuenLouisMr.WONGKamFai COMPANYSECRETARY Mr.LAMYiuCho PRINCIPALOFFICE 4/F,SzeHingIndustrialBuilding35-37LeeChungStreet ChaiWan,HongKong PRINCIPALBANKS BankofChina(HongKong) 29-31LeeChungStreetChaiWan,HongKong DBS 16/F,TheCenter, 99Queen’sRoadCentral,Central,HongKong AUDITOR Ernst&Young CertifiedPublicAccountants RegisteredPublicInterestEntityAuditor SHAREREGISTRAR TricorInvestorServicesLimited 17/F,FarEastFinanceCentre16HarcourtRoad HongKong WEBSITE http://www.sunhingprinting.com STOCKCODE 1975 执行董事 陈铁生先生 陈志坚先生陈志明先生陈春生先生 独立非执行董事 吴士元先生朱谱权医生黄锦辉先生 公司秘书 林耀祖先生 主要办事处 香港柴湾 利众街35-37号泗兴工业大楼4楼 主要往来银行 中国银行(香港) 香港柴湾 利众街29-31号 星展银行 香港中环 皇后大道中99号中环中心16楼 核数师 安永会计师事务所 执业会计师 注册公众利益实体核数师 股份过户登记处 卓佳证券登记有限公司 香港 夏悫道16号 远东金融中心17楼 网址 http://www.sunhingprinting.com 股份代号 1975 ON PAPER-RELATEDPRINTINGPRODUCTS 产品以纸类印刷品为主 Productsaremainlyusedinthemarketsofvarious consumerproductsaswellasforthepurposesofpromotion,advertisingandeducation. 我们的印刷品应用广泛,遍及不同的消费产品市场,以及用于宣传、广告及教育等用途 MANAGEMENTDISCUSSIONANDANALYSIS 管理层讨论及分析 REVIEWOFOPERATION SunHingPrintingHoldingsLimited(the“Company”)anditssubsidiaries(collectivelyreferredtoasthe“Group”)isaone-stopprintingserviceprovider.Ourprintingservicescanbebroadlycategorisedinto(i)packagingprintingserviceswhichcover,amongothers,corrugatedboxes,giftboxes,cardboxesandproductboxes;(ii)papergiftsetprintingserviceswhichcover,amongothers,giftsetsandgamesetscontaininggiftboxes,cards,bookletsandhardbackbooks;(iii)cardprintingserviceswhichcover,amongothers,colourcards,insertcards,warrantycardsandplaincards;(iv)smartpackageprintingserviceswhichcover,amongothers,Near-fieldcommunications(“NFC”)tags,Radio-frequencyIdentification(“RFID”)labelsandRealQRCode;and(v)otherprintingserviceswhichcover,amongothers,stickers,colourpapers,yupopapersandredpackets. DespitereopeningofborderbetweenthePeople’sRepublicofChina(the“PRC”)andHongKonginearlyFebruary2023,printingindustryinHongKongisstillstrugglingwithunfavorableeconomicclimate.UncertaintyofCOVID-19globalpandemic,outbreakofRusso-UkrainianWar,concernaboutslowingglobaleconomicgrowthandhighinflation,aswellasgeopoliticaltensionarerelentlesslychallengingtheGroup’sbusinessoperationsanddevelopment. 业务回顾 新兴印刷控股有限公司(“本公司”)及其附属公司 (统称“本集团”)为一站式印刷服务供应商。我们的印刷服务可大致分为(i)包装印刷服务,涵盖(其中包括)瓦楞盒、礼品盒、卡盒及产品盒;(ii)纸礼品套装印刷服务,涵盖(其中包括)礼品套装及游戏套装容纳礼品盒、卡片、小册子及精装书;(iii)彩咭牌印刷服务,涵盖(其中包括)彩色卡片、插页卡片、保修卡及白卡;(iv)智能包装印刷服务,涵盖(其中包括)NFC标签、RFID标签及实物二维码;及(v)其他印刷服务,涵盖(其中包括)贴纸、彩纸、合成纸及利是封。 尽管中华人民共和国(“中国”)及香港在二零二三年二月初已经全面通关,香港印刷业仍在不明朗的经济环境下挣扎。新型冠状病毒疫情大流行的不稳定性、俄乌战争的爆发、对全球经济增长放缓和高通账的忧虑、及地缘政治紧张,上述因素皆为本集团的业务经营及发展带来持续的挑战。 REVIEWOFOPERATION(Continued) TheGroup’srevenuedecreasedslightlybyapproximately4.1%toapproximatelyHK$344.3millionforthesixmonthsended31December2022,comparingtothesameperiodlastyear.Thedecreaseinrevenueisaffectedbythedropincontributionfrompackagingandpapergiftsetprintingservices,asaresultofcustomers’concernaboutslowingglobaleconomicgrowthandhighinflationallovertheworld.Customerstookmoreconservativeconsumptionapproachtoreducespendingonprintingandpromotionproducts.Thus,itledtoadropinsaleordersreceivedfrombothoverseaandlocalcustomers. Thegrossprofitincreasedbyapproximately11.4%fromapproximatelyHK$133.0millionforthesixmonthsended31December2021toapproximatelyHK$148.1millionforthesixmonthsended31December2022,asaresultofimprovementincostefficiencyanddecreaseinprovisionofredundancycostsmadeforrelocationofworkers. Withthebenefitofimprovementincostefficiencyanddropinprovisionofredundancycostsmadeforrelocationofworkers,ourgrossprofitmarginincreasedfromapproximately37.1%forthesixmonthsended31December2021toapproximately43.0%forthesixmonthsended31December2022.OurnetprofitfortheperiodincreasedbyapproximatelyHK$15.2millionfromapproximatelyHK$50.9millionforthesixmonthsended31December2021toapproximatelyHK$66.1millionforthesixmonthsended31December2022,consideringthedropinprovisionofredundancycostsmadeforrelocationofstaffandworkers,higherbankinterestincomeandhigherexchangegainrecordedduringthecurrentperiod.Thenetprofitmarginincreasedfromapproximately14.2%forthesixmonthsended31December2021toapproximately19.2%forthesixmonthsended31December2022. BasicearningspersharewasHK13.77cents,comparedtoabasicearningspershareofHK10.60centsforthecorrespondingperiodin2021. 业务回顾(续) 截至二零二二年十二月三十一日止六个月,本集 团的收益较