致丰工业电子2024 中期报告

Financial Highlights2Corporate Information5Information for our Investors7Chairman’s Statement9Management Discussion and Analysis11Independent Auditor’s Review Report31Interim Condensed Consolidated Statement of Comprehensive Income33Interim Condensed Consolidated Statement of Financial Position34Interim Condensed Consolidated Statement of Changes in Equity35Interim Condensed Consolidated Statement of Cash Flows36Notes to the Condensed Consolidated Interim Financial Information37Other Information66注動力 建未來 Sales by Product Category for the Six MonthsEnded 30 June 2024 and 2023 Sales by Region for the Six MonthsEnded 30 June 2024 and 2023 FINANCIAL HIGHLIGHTS CORPORATE INFORMATION EXECUTIVE DIRECTORS Joseph Mac Carthy Mr. Wong Sze Chai (Chairman)Mr. Tai Leung LamMr. Lo Ka Kei JunMr. Joseph Mac Carthy (removed on 28 May 2024) NON-EXECUTIVE DIRECTOR Mr. Kwan Tak Sum Stanley CHIEF EXECUTIVE OFFICER Ms. Zhang Jingjing (appointed on 2 July 2024)Mr. Kwan Chan Kwong (resigned on 2 July 2024) INDEPENDENT NON-EXECUTIVE DIRECTORS Ms. Law Ying Wai DeniseMr. Kan Pak Cheong (appointed on 28 May 2024)Mr. Wong Kwok Kuen (appointed on 28 August 2024)Mr. Fung Chun Chung (retired on 28 May 2024)Mr. Hau Siu Laam (resigned on 28 August 2024) AUDIT COMMITTEE Ms. Law Ying Wai Denise (Chairperson)Mr. Kan Pak Cheong (appointed on 28 May 2024)Mr. Wong Kwok Kuen (appointed on 28 August 2024)Mr. Fung Chun Chung (retired on 28 May 2024)Mr. Hau Siu Laam (resigned on 28 August 2024) REMUNERATION COMMITTEE Mr. Wong Kwok Kuen (Chairman)(appointed on 28 August 2024)Ms. Law Ying Wai DeniseMr. Kwan Tak Sum StanleyMr. Wong Sze ChaiMr. Kan Pak Cheong (appointed on 28 May 2024)Mr. Fung Chun Chung (retired on 28 May 2024)Mr. Hau Siu Laam (resigned on 28 August 2024) CORPORATE INFORMATION NOMINATION COMMITTEE Mr. Kan Pak Cheong (Chairman) (appointed on28 May 2024)Ms. Law Ying Wai DeniseMr. Tai Leung LamMr. Wong Sze ChaiMr. Wong Kwok Kuen (appointed on 28 August 2024)Mr. Fung Chun Chung (retired on 28 May 2024)Mr. Hau Siu Laam (resigned on 28 August 2024) RISK MANAGEMENT COMMITTEE Mr. Wong Sze Chai (Chairman)Ms. Law Ying Wai DeniseMr. Kan Pak Cheong (appointed on 28 May 2024)Mr. Fung Chun Chung (retired on 28 May 2024) COMPANY SECRETARY Mr. Cheung Yu Man AUTHORISED REPRESENTATIVES Mr. Wong Sze ChaiMr. Tai Leung Lam AUDITOR 22 PricewaterhouseCoopersCertified Public AccountantsRegistered Public Interest Entity Auditor22nd Floor Prince’s BuildingCentral, Hong Kong PRINCIPAL BANKERS Bank of China (Hong Kong) LimitedHongkong and Shanghai Banking Corporation LimitedStandard Chartered Bank (Hong Kong) Limited LEGAL ADVISOR Howse Williams FINANCIAL CALENDAR 28 August 202420 September 2024 Announcement of interim resultsInterim report available online•Company website: https://www.trio-ieg.com (“Investor Relations”section)•Hong Kong Stock Exchange website: https://www.hkexnews.hkInterim report dispatch date20 September 2024Financial year end31 December 2024 SHARE INFORMATION Stock code1710Board lot4,000 sharesMarket capitalisation as at 30 June 2024HK$250 million CONTACT US Address:Block J, 5/F, Phase II, Kaiser Estate, 51 Man Yue Street, Hung Hom, Kowloon, Hong KongTelephone:(852) 2765 8787Facsimile:(852) 2764 9142/(852) 2334 5762Website:www.trio-ieg.com SHARE REGISTRAR Tricor Investor Services LimitedAddress:17/F, Far East Finance Centre, 16 Harcourt Road, Hong KongTelephone:(852) 2980 1333Facsimile:(852) 2810 8185Email:is-enquiries@hk.tricorglobal.com INFORMATION FOR OUR INVESTORS •https://www.trio-ieg.com•https://www.hkexnews.hk 17104,000250,000,000 5125J(852) 2765 8787(852) 2764 9142/(852) 2334 5762www.trio-ieg.com 1617(852) 2980 1333(852) 2810 8185is-enquiries@hk.tricorglobal.com CHAIRMAN’S STATEMENT Onbehalf of the board(the“Board”)of directors(the“Directors”) of Trio Industrial Electronics Group Limited (the“Company”), and its subsidiaries (together, the“Group”), I ampleased to present to you the interim report of the Companyfor the six months ended 30 June 2024. OurGroup is a leading Electronic Manufacturing Services(“EMS”) provider specialising in the manufacturing and sale ofcustomisedindustrial electronic components and products,suchas electro-mechanical items,smart chargers,switch-modepower supplies,and smart vending systems.Theseproducts are used across various sectors, including gaming,healthcare, renewable energy, telecommunications, commercialtransportation, security and access control systems. Factorslike increased interest rates,geopolitical tensions,and currency depreciation resulted in increasingly challengingeconomicenvironment in Europe and North America in thefirst half of 2024. Consequently, the Group’s EMS business,particularlyin smart vending systems,switch-mode powersupplies,and electro-mechanical products,experienceddecrease in sales in these regions. DeltrixSinooil100 During this period, we allocated additional corporate resourcesto develop a new line of business, new energy, th