Success Universe Group Limited · HKEX:487
Success Universe — FY2022 Earnings Presentation
13 slides from Success Universe's earnings presentation, 2023
Slide 1: 2022 Annual Results
SUCCESS UNIVERSE GROUP LIMITED (Incorporated in Bermuda with limited liability) (Stock code: 00487) 2022 Annual Results
Slide 2: Forward-looking statements
Forward-looking statements This material is for information purposes only. This presentation may contain forward-looking statements based on current assumptions and forecasts made by the management of SUCCESS UNIVERSE GROUP LIMITED. Various known and unknown risks, uncertainties and other factors ma
Slide 3: Operational highlights
Operational highlights ￭ Revenue was approximately HK$114.8 million and gross profit was approximately HK$12.4 million for 2022 ￭ Loss attributable to owners of the Company was approximately HK$287.1 million, which was mainly attributable to the recognition of (i) a substantial fair value loss on th
Slide 4: Key financial data
Key financial data For the year ended 31 December 2022 2021 HK$’000 HK$’000 Revenue from operations 114,778 151,130 Travel business 112,139 147,856 Property investment business 2,639 3,274 (Loss)/gain arising on change in fair value of (174,113) 87,725 financial assets at fair value through profit o
Slide 5: Financial performance by segment
Financial performance by segment For the year ended 31 December 2022 2021 HK$’000 HK$’000 Travel business Revenue 112,139 147,856 Segment profit/(loss) 3,307 (1,654) Property investment business Revenue 2,639 3,274 Segment (loss)/profit (15,860) 13,667 Ponte 16 Adjusted EBITDA* loss (46,200) (57,600
Slide 6: Travel business – Jade Travel
Travel business – Jade Travel Business review and prospects Business review ￭ In 2022, the international tourism industry began to show signs of recovery as many tourist destinations in the Western countries eased or even removed entry restrictions and quarantine measures to welcome visitors. The go
Slide 7: Property investment business
Property investment business Business review and prospects Business review ￭ In 2022, the property market in Hong Kong faced a significant slowdown due to the new wave of COVID-19 outbreaks and the hiking interest rate. Investor sentiment was dampened and demand for commercial property in Hong Kong
Slide 8: Ponte 16 Resort, Macau
Ponte 16 Resort, Macau Business review and prospects Business review ￭ The outbreak of Omicron variant in 2022 had a significant impact on Macau's economy. Prompt prevention and control measures were implemented in both Mainland China and Macau resulted in a decline in visitor traffic from Mainland
Slide 9: Appendix
Appendix
Slide 10: Consolidated statement of profit or loss
Consolidated statement of profit or loss For the year ended 31 December 2022 2021 HK$’000 HK$’000 Revenue 114,778 151,130 Cost of sales (102,354) (142,298) Gross profit 12,424 8,832 Other revenue and gains 5,765 4,649 Fair value (loss)/gain on investment properties (9,800) 8,100 (Loss)/gain arising
Slide 11: Consolidated statement of financial position
Consolidated statement of financial position As at 31 December 2022 2021 HK$’000 HK$’000 Non-current assets 910,947 950,505 Property, plant and equipment 234,816 247,675 Intangible assets 3,977 9,855 Investment properties 128,800 138,600 Interests in associates 535,404 547,052 Interests in joint ven
Slide 12: Consolidated statement of financial position (cont.)
Consolidated statement of financial position (cont.) As at 31 December 2022 2021 HK$’000 HK$’000 Non-current liabilities 216,170 60,497 Lease liabilities 170 336 Loan from a director and controlling shareholder 216,000 60,000 Financial guarantee contract - 161 Net assets 719,365 1,007,645 Capital an
Slide 13: Thank you
Thank you SUCCESS UNIVERSE GROUP LIMITED Units 1003-04A, 10/F., Tower 1, Admiralty Centre, 18 Harcourt Road, Hong Kong Tel: (852) 3101 8668 Fax: (852) 3102 9078 Website: www.successug.com 13
Success Universe Group — FY2022 Earnings Presentation on 6ix