万威国际：二零二三年报

A N N U A LR E P O R T2 0 2 3 Contents目錄 2Corporate Information4Chairman’s Statement8Directors and Senior Management of the Group12Management Discussion and Analysis19Corporate Governance Report43Environmental, Social and Governance Report66Directors’ Report788283848586172 Independent Auditor’s ReportConsolidated Statement of Profit or Loss andOther Comprehensive IncomeConsolidated Statement of Financial PositionConsolidated Statement of Changes in EquityConsolidated Statement of Cash FlowsNotes to the Consolidated Financial StatementsGroup Financial Summary Corporate Information公司資料 董事會 BOARD OF DIRECTORS 執行董事： Executive Director:Zhu Yongning (Chief Executive Officer, Resigned on 1 February 2024) Cheung Yuk Ki (Chief Executive Officer, Appointed on 1 February 2024) 非執行董事：Chen Tiger Charles Non-Executive Directors:Cui XiaoNg Kwok Ying Isabella (Appointed on 1 February 2024)Chen Tiger Charles (Appointed on 1 February 2024) 獨立非執行董事： Independent Non-Executive DirectorsZhou Meilin (Resigned on 1 February 2024)Zhou Rui (Resigned on 1 February 2024)Xu Jinwen 執行委員會 EXECUTIVE COMMITTEE Zhu Yongning (Chief Executive Officer, Resigned on 1 February 2024) Cheung Yuk Ki (Chief Executive Officer, Appointed on 1 February 2024) 審核委員會 AUDIT COMMITTEE Zhou Meilin (Chairman, Resigned on 1 February 2024)Xu JinwenZhou Rui (Resigned on 1 February 2024) 提名及企業管治委員會 NOMINATION AND CORPORATE GOVERNANCE COMMITTEE Zhou Rui (Chairman, Resigned on 1 February 2024)Zhou Meilin (Resigned on 1 February 2024)Xu Jinwen 薪酬委員會 REMUNERATION COMMITTEE Chen Tiger Charles Xu Jinwen (Chairman)Zhou Meilin (Resigned on 1 February 2024)Zhou Rui (Resigned on 1 February 2024)Ng Kwok Ying Isabella (Appointed on 1 February 2024)Chen Tiger Charles (Appointed on 1 February 2024) 公司秘書 COMPANY SECRETARY Chen Kun (Solicitor of HKSAR) 授權代表 AUTHORISED REPRESENTATIVES Zhu Yongning (Chief Executive Officer, Resigned on 1 February 2024) Cheung Yuk Ki (Chief Executive Officer, Appointed on 1 February 2024) Chen Kun Corporate Information公司資料 主要往來銀行 PRINCIPAL BANKERS The Hongkong and Shanghai Banking Corporation LimitedHang Seng Bank Limited 核數師 AUDITOR Forvis Mazars CPA Limited(formerly known as Mazars CPA Limited) 法律顧問百慕達：Conyers Dill & Pearman LEGAL ADVISORS Bermuda:Conyers Dill & Pearman 香港： Hong Kong:Peter Chen Law Office 股份過戶登記處 SHARE REGISTRARS 百慕達：Conyers Corporate Services (Bermuda) LimitedClarendon House2 Church StreetHamilton, HM 11Bermuda Bermuda:Conyers Corporate Services (Bermuda) LimitedClarendon House2 Church StreetHamilton, HM 11Bermuda 香港：3382333301–04 Hong Kong:Union Registrars LimitedSuites 3301–04, 33/F.Two Chinachem Exchange Square338 King’s RoadNorth PointHong Kong 百慕達註冊辦事處 BERMUDA REGISTERED OFFICE Clarendon House2 Church StreetHamilton HM 11Bermuda Clarendon House2 Church StreetHamilton HM 11Bermuda 香港主要營業地點 PRINCIPAL PLACE OF BUSINESS IN HONG KONG Unit 612, 6/FBank of America Tower12 Harcourt RoadCentralHong Kong 126612 股份代號167 STOCK CODE 167 網址www.idt-hk.com WEBSITEwww.idt-hk.com Chairman’sStatement 主席報告書 致各股東： DEAR SHAREHOLDERS, On behalf of the board (the “Board”) of directors (each, a “Director”) of IDT InternationalLimited (the “Company”, together with its subsidiaries, collectively, the “Group” or “we” or“us”), I am pleased to present the Group’s annual results for the year ended 31 December2023 (“FY2023” and for the year ended 31 December 2022, “FY2022”). 財務業績 FINANCIAL RESULTS 1.22.245.5% The Group’s total revenue for FY2023 amounted to approximately HK$1.2 million(FY2022: approximately HK$2.2 million), representing a decrease of approximately 45.5% ascompared with the total revenue of FY2022, which was due to suspension of the Group’soperation in FY2022 and the adverse market conditions. Chairman’s Statement主席報告書 0.13.0 Gross profit of FY2023 totalled approximately HK$0.1 million (FY2022: gross loss ofapproximately HK$3.0 million). Gross profit was reported in FY2023 due to no write-offof inventories in FY2023, following the early termination of the lease agreement for theShenzhen factory in FY2022. 10.923.553.6%80.0%83.3%51.6% Total operating expenses of the Group, including research expenses, distribution andselling expenses and general administrative expenses, amounted to approximately HK$10.9million for FY2023 (FY2022: approximately HK$23.5 million). The total operating expensesdecreased by approximately 53.6% since the research expenses and distribution and sellingexpenses have dropped for approximately 80.0% and 83.3%, respectively. Further, generaladministrative expense reduced by approximately 51.6% as the Group completed itsdownsizing process. 2.06.2 Charge of loss allowance on financial assets for FY2023 was nil (FY2022: approximatelyHK$2.0 million). Losses from impairment for FY2023 was nil (FY2022: approximatelyHK$6.2 million). 14.221.8 Loss for FY2023 was approximately HK$14.2 million (FY2022: approximately HK$21.8million). Chairman’s St