Success Universe Group Limited · HKEX:487
Success Universe — FY2024 Earnings Presentation
13 slides from Success Universe's earnings presentation, 2025
Slide 1: 2024 Annual Results
SUCCESS UNIVERSE GROUP LIMITED (Incorporated in Bermuda with limited liability) (Stock code: 00487) 2024 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$51.4 million and gross profit was approximately HK$17.3 million for 2024 ￭ Profit attributable to owners of the Company decreased to approximately HK$93.4 million. Notwithstanding that a gain on the disposal of the Group’s overseas listed equity
Slide 4: Key financial data
Key financial data For the year ended 31 December 2024 2023 HK$’000 HK$’000 Revenue from operations 51,370 101,897 Travel business 48,696 99,229 Property investment business 2,674 2,668 Gain arising on change in fair value of financial assets at fair 89,158 95,390 value through profit Profit from op
Slide 5: Financial performance by segment
Financial performance by segment For the year ended 31 December 2024 2023 HK$’000 HK$’000 Travel business Revenue 48,696 99,229 Segment profit 463 4,276 Property investment business Revenue 2,674 2,668 Segment loss (34,855) (14,172) Ponte 16 Share of results of associates relating to Ponte 16 111,95
Slide 6: Travel business – Jade Travel
Travel business – Jade Travel Business review and prospects Business review ￭ According to UN Tourism, 2024 marked a significant recovery in international tourism, with a record of 1.4 billion arrivals worldwide. Many destinations surpassed pre-pandemic international visitor levels, driving robust g
Slide 7: Property investment business
Property investment business Business review and prospects Business review ￭ In the relatively high-interest rate environment, Hong Kong’s commercial property market has been facing headwinds. According to Jones Lang LaSalle, the overall vacancy rate for Grade A office spaces reached 13.1% in 2024,
Slide 8: Ponte 16 Resort, Macau
Ponte 16 Resort, Macau Business review and prospects Business Review ￭ Macau’s tourism sector showed robust growth in 2024, welcoming 34.9 million visitors, representing a 23.8% increase YOY. Capitalising on the influx of visitors, Macau’s GGR reached MOP226.8 billion in 2024, representing a nearly
Slide 9: Appendix
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Slide 10: Consolidated statement of profit or loss
Consolidated statement of profit or loss For the year ended 31 December 2024 2023 HK$’000 HK$’000 Revenue 51,370 101,897 Cost of sales (34,092) (85,119) Gross profit 17,278 16,778 Other revenue and gains 34,121 3,942 Fair value loss on investment properties (24,700) (7,300) Gain arising on change in
Slide 11: Consolidated statement of financial position
Consolidated statement of financial position As at 31 December 2024 As at 31 December 2023 HK$’000 HK$’000 Non-current assets 1,054,772 1,037,538 Property, plant and equipment 177,614 223,241 Intangible assets 5,600 6,102 Investment properties 96,800 121,500 Interests in associates 765,608 678,227 I
Slide 12: Consolidated statement of financial position (cont.)
Consolidated statement of financial position (cont.) As at 31 December 2024 As at 31 December 2023 HK$’000 HK$’000 Non-current liabilities 185,747 173,284 Lease liabilities 647 284 Loan from a director and controlling shareholder 185,100 173,000 Net assets 977,388 887,364 Capital and reserves Share
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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