新兴印刷中期报告 2023/2024

股 新兴印刷控 限 SUNHING有 司 PRINTING公 HoldingsLimited (IncorporatedintheCaymanIslandswithlimitedliability)StockCode:1975 （于开曼群岛注册成立的有限公司）股份代号:1975 InterimReport 中期报告 2023/2024 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 2 CORPORATEINFORMATION 公司资料 EXECUTIVEDIRECTORS Mr.CHANPeterTitSangMr.CHANKennethChiKinMr.CHANChiMing Mr.CHANChunSangDesmond NON-EXECUTIVEDIRECTORS Ms.CHEUNGMeiYeeLorna 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 非执行董事 张美意女士 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 SUNHINGPRINTINGHOLDINGSLIMITED新兴印刷控股有限公司InterimReport中期报告2023/2024 3 MANAGEMENTDISCUSSIONANDANALYSIS 管理层讨论及分析 SUNHINGPRINTINGHOLDINGSLIMITED新兴印刷控股有限公司InterimReport中期报告2023/2024 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. DespitetheworldhasemergedfromhazeoftheCOVID-19pandemic,printingindustryinHongKongisstillstrugglingwithunfavourableeconomicclimate.UncertaintyofoutbreakofRusso-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。 尽管全球已经从新型冠状病毒疫情大流行的阴霾中走出来，香港印刷业仍在不明朗的经济环境下挣扎。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’srevenuedecreasedbyapproximately55.6%toapproximatelyHK$152.7millionforthesixmonthsended31December2023,comparingtothesameperiodlastyear.Thedecreaseinrevenueisaffectedbythedropincontributionfrompackagingandpapergiftsetprintingservices,asaresultofcustomers’concernaboutglobaleconomicslowdownandwidespreadinflationallovertheworld.Customerstookconservativeconsumptionapproachtoreducespendingonprintingandpromotionalproducts.Thus,itledtoadropinsaleordersreceivedfrombothoverseasandlocalcustomers. Thegrossprofitdroppedbyapproximately68.9%fromapproximatelyHK$148.1millionforthesixmonthsended31December2022toapproximatelyHK$46.1millionforthesixmonthsended31December2023,asaresultofdropinrevenueandaslightreductioninthecostofgoodssold.However,thishasbeenoffsetbyenduringfixedproductioncosts,whichhavepersistedirrespectiveofthemagnitudeoftherevenuedecline. Withthecombinedeffectofdropinrevenueandslightreductioninfixedproductioncost,ourgrossprofitmargindeclinedfromapproximately43.0%forthesixmonthsended31December2022toapproximately30.2%forthesixmonthsended31December2023.OurnetprofitfortheperioddecreasedbyapproximatelyHK$60.4millionfromapproximatelyHK$66.1millionforthesixmonthsended31December2022toapproximatelyHK$5.7millionforthesixmonthsended31December2023,consideringthedropinrevenueandslightreductioninproductionandoperationcostsduringthecurrentperiod.Thenetprofitmargindecreasedf