Success Universe Group Limited · HKEX:487
Success Universe — FY2023 Earnings Presentation
13 slides from Success Universe's earnings presentation, 2024
Slide 1: 2023 Annual Results
SUCCESS UNIVERSE GROUP LIMITED (Incorporated in Bermuda with limited liability) (Stock code: 00487) 2023 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$101.9 million and gross profit was approximately HK$16.8 million for 2023 ￭ Profit attributable to owners of the Company was approximately HK$169.3 million, which was mainly attributable to (i) a fair value gain on the Group’s overseas listed equ
Slide 4: Key financial data
Key financial data For the year ended 31 December 2023 2022 HK$’000 HK$’000 Revenue from operations 101,897 114,778 Travel business 99,229 112,139 Property investment business 2,668 2,639 Gain/(loss) arising on change in fair value of financial 95,390 (174,113) assets at fair value through profit or
Slide 5: Financial performance by segment
Financial performance by segment For the year ended 31 December 2023 2022 HK$’000 HK$’000 Travel business Revenue 99,229 112,139 Segment profit 4,276 3,307 Property investment business Revenue 2,668 2,639 Segment (loss) (14,172) (15,860) Ponte 16 Adjusted EBITDA* profit/(loss) 334,100 (46,200) Share
Slide 6: Travel business – Jade Travel
Travel business – Jade Travel Business review and prospects Business review ￭ International tourism had made significant strides in recovering from the challenges posed by COVID-19. Many world destinations exceeded pre-pandemic arrival levels in 2023, with the Middle East, Europe and Africa leading
Slide 7: Property investment business
Property investment business Business review and prospects Business review ￭ Throughout 2023, Hong Kong’s commercial property market faced challenges from a series of interest rate hikes and a slow recovery, discouraging potential investors. Concerns over a global recession, geopolitical conflicts,
Slide 8: Ponte 16 Resort, Macau
Ponte 16 Resort, Macau Business review and prospects Business review ￭ Macau’s remarkable recovery journey in 2023 brought with it a wave of optimism and vitality. The official lifting of COVID-19-related restrictions by the Macau government in January 2023 unleashed a torrent of visitors, especiall
Slide 9: Appendix
Appendix
Slide 10: Consolidated statement of profit or loss
Consolidated statement of profit or loss For the year ended 31 December 2023 2022 HK$’000 HK$’000 Revenue 101,897 114,778 Cost of sales (85,119) (102,354) Gross profit 16,778 12,424 Other revenue and gain 3,942 5,765 Fair value loss on investment properties (7,300) (9,800) Gain/(loss) arising on cha
Slide 11: Consolidated statement of financial position
Consolidated statement of financial position As at 31 December 2023 As at 31 December 2022 HK$’000 HK$’000 Non-current assets 1,037,538 910,947 Property, plant and equipment 223,241 234,816 Intangible assets 6,102 3,977 Investment properties 121,500 128,800 Interests in associates 678,227 535,404 In
Slide 12: Consolidated statement of financial position (cont.)
Consolidated statement of financial position (cont.) As at 31 December 2023 As at 31 December 2022 HK$’000 HK$’000 Non-current liabilities 173,284 216,170 Lease liabilities 284 170 Loan from a director and controlling shareholder 173,000 216,000 Net assets 887,364 719,365 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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