Success Universe Group Limited · HKEX:487
Success Universe — H1 2023 Earnings Presentation
13 slides from Success Universe's earnings presentation, 2023
Slide 1: 2023 Interim Results
SUCCESS UNIVERSE GROUP LIMITED (Incorporated in Bermuda with limited liability) (Stock code: 00487) 2023 Interim 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$68.4 million and gross profit was approximately HK$7.5 million for the first half of 2023 ￭ Profit attributable to owners of the Company was approximately HK$153.8 million, which was mainly attributable to (i) the recognition of a substantial fai
Slide 4: Key Financial Data
Key Financial Data For the year ended For the six months ended 31 December 30 June (Unaudited) 2022 2023 2022 HK$’000 HK$’000 HK$’000 Revenue from operations 114,778 68,444 54,536 Travel business 112,139 67,142 53,216 Property investment business 2,639 1,302 1,320 Gain/(loss) arising on change in fa
Slide 5: Financial Performance by Segment
Financial Performance by Segment For the year ended 31 For the six months December ended 30 June 2022 2023 2022 HK$’000 HK$’000 HK$’000 Travel business Revenue 112,139 67,142 53,216 Segment profit 3,307 976 3,670 Property investment business Revenue 2,639 1,302 1,320 Segment profit/(loss) (15,860) 4
Slide 6: Travel Business – Jade Travel
Travel Business – Jade Travel Business Review and Prospects Business Review ￭ The recovery in air passenger traffic, which was observed in 2022 and continued in the first half of 2023. Such improvements across the regions demonstrated the resilience of recovery in the global tourism. The Asia Pacifi
Slide 7: Property Investment Business
Property Investment Business Business Review and Prospects Business Review ￭ During the first half of 2023, the commercial property market in Hong Kong faced challenges and remained weak amidst a global economic slowdown and consecutive interest rate hikes that curbed investment activities. While th
Slide 8: Ponte 16 Resort, Macau
Ponte 16 Resort, Macau Business Review and Prospects Business Review ￭ Macau has made remarkable strides in its recovery journey. Since the Macau Government officially announced the end of COVID-19 restrictions in early January 2023, the market has witnessed a significant influx of visitors the Chin
Slide 9: Appendix
Appendix
Slide 10: Consolidated Statement of Profit or Loss
Consolidated Statement of Profit or Loss For the six months ended 30 June (Unaudited) 2023 2022 HK$’000 HK$’000 Revenue 68,444 54,536 Cost of sales (60,967) (49,240) Gross profit 7,477 5,296 Other revenue and gains 1,917 2,492 Fair value gain on investment properties 500 1,100 Gain/(loss) arising on
Slide 11: Consolidated Statement of Financial Position
Consolidated Statement of Financial Position As at 30 June 2023 As at 31 December 2022 (Unaudited) HK$’000 HK$’000 Non-current assets 976,696 910,947 Property, plant and equipment 228,792 234,816 Intangible assets 4,437 3,977 Investment properties 129,300 128,800 Interests in associates 605,957 535,
Slide 12: Consolidated Statement of Financial Position (cont.)
Consolidated Statement of Financial Position (cont.) As at 30 June 2023 As at 31 December 2022 (Unaudited) HK$’000 HK$’000 Non-current liabilities 171,042 216,170 Lease liabilities 42 170 Loan from a director and controlling shareholder 171,000 216,000 Net assets 873,427 719,365 Capital and reserves
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
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