Success Universe Group Limited · HKEX:487
Success Universe — H1 2024 Earnings Presentation
13 slides from Success Universe's earnings presentation, 2024
Slide 1: 2024 Interim Results
SUCCESS UNIVERSE GROUP LIMITED (Incorporated in Bermuda with limited liability) (Stock code: 00487) 2024 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$32.5 million and gross profit was approximately HK$8.9 million for the first half of 2024 ￭ Loss attributable to owners of the Company was approximately HK$35.5 million, which was mainly due to recognition of (i) a fair value loss on the Group’s
Slide 4: Key financial data
Key financial data For the year ended For the six months ended 30 June 31 December (Unaudited) 2023 2024 2023 HK$’000 HK$’000 HK$’000 Revenue from operations 101,897 32,518 68,444 Travel business 99,229 31,182 67,142 Property investment business 2,668 1,336 1,302 (Loss)/gain arising on change in fai
Slide 5: Financial performance by segment
Financial performance by segment For the year ended For the six months ended 30 June 31 December (Unaudited) 2023 2024 2023 HK$’000 HK$’000 HK$’000 Travel business Revenue 99,229 31,182 67,142 Segment profit 4,276 388 976 Property investment business Revenue 2,668 1,336 1,302 Segment (loss)/profit (
Slide 6: Travel business – Jade Travel
Travel business – Jade Travel Business review and prospects Business review ￭ According to the UN Tourism, over 285 million tourists were recorded globally during the first quarter of 2024, representing a 20% YOY increase and reaching 97% of pre-pandemic levels in 2019. International arrivals in the
Slide 7: Property investment business
Property investment business Business review and prospects Business review ￭ In the first half of 2024, Hong Kong’s commercial property has been facing global headwinds triggered by high interest rates and financing costs as well as dampening demands for local commercial real estate incurred by geop
Slide 8: Ponte 16 Resort, Macau
Ponte 16 Resort, Macau Business review and prospects Business review ￭ Macau’s tourism sector demonstrated robust growth in the first half of 2024, with a substantial increase of visitor arrivals by approximately 44% YOY to approximately 16.7 million, representing approximately 82% of the 2019 Level
Slide 9: Appendix
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Slide 10: Consolidated statement of profit or loss
Consolidated statement of profit or loss For the six months ended 30 June (unaudited) 2024 2023 HK$’000 HK$’000 Revenue 32,518 68,444 Cost of sales (23,627) (60,967) Gross profit 8,891 7,477 Other revenue, gain and loss 783 1,917 Fair value (loss)/gain on investment properties (8,600) 500 (Loss)/gai
Slide 11: Consolidated statement of financial position
Consolidated statement of financial position As at 30 June 2024 (Unaudited) As at 31 December 2023 HK$’000 HK$’000 Non-current assets 1,046,545 1,037,538 Property, plant and equipment 207,285 223,241 Intangible assets 5,906 6,102 Investment properties 112,900 121,500 Interests in associates 711,687
Slide 12: Consolidated statement of financial position (cont.)
Consolidated statement of financial position (cont.) As at 30 June 2024 As at 31 December 2023 (Unaudited) HK$’000 HK$’000 Non-current liabilities 217,373 173,284 Lease liabilities 773 284 Loan from a director and controlling shareholder 216,600 173,000 Net assets 850,795 887,364 Capital and reserve
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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