CONTENTS 目錄
Corporate Information | 4 | 公司資料 |
Chairman's Statement | 7 | 主席報告 |
Chairman's Letter | 21 | 主席函件 |
Financial Summary | 22 | 財務摘要 |
Report of the Directors | 24 | 董事會報告 |
Corporate Governance Report | 38 | 企業管治報告 |
Management Profile | 62 | 管理階層簡介 |
List of Properties | 67 | 物業詳情 |
Independent Auditor's Report | 69 | 獨立核數師報告 |
Consolidated Income Statement | 80 | 綜合利潤表 |
Consolidated Statement of Comprehensive Income | 81 | 綜合全面收益表 |
Consolidated Statement of Financial Position | 82 | 綜合財務狀況表 |
Consolidated Statement of Changes in Equity | 84 | 綜合權益變動表 |
Consolidated Statement of Cash Flows | 86 | 綜合現金流量表 |
Notes to the Consolidated Financial Statements | 88 | 綜合財務報表附註 |
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CORPORATE INFORMATION | 公司資料 |
DIRECTORS | 董事 |
Executive Directors | 執行董事 |
Mr. Lam Kwong Yu (Chairman and Chief Executive Officer) | 林光如先生（主席及行政總裁） |
Mr. Tin Shing (Senior Vice President) | 田誠先生（高級副總裁） |
Mr. Poon Kwok Ching (Senior Vice President) | 潘國政先生（高級副總裁） |
Mr. Wong Wai Kwok (Senior Vice President) | 黃偉國先生（高級副總裁） |
Non-Executive Director | 非執行董事 |
Ms. Yeung Chui | 楊翠女士 |
Independent Non-Executive Directors | 獨立非執行董事 |
Mr. Chan Yue Kwong, Michael | 陳裕光先生 |
Mr. Kwok Lam Kwong, Larry, SBS, JP | 郭琳廣先生，銀紫荊星章，太平紳士 |
Mr. Tam King Ching, Kenny | 譚競正先生 |
Ms. Elizabeth Law (Appointed with effect from 1st April, 2023) | 羅君美女士（自二零二三年四月一日起獲委任） |
AUDIT COMMITTEE | 審核委員會 |
Mr. Tam King Ching, Kenny (Chairman) | 譚競正先生（主席） |
Mr. Chan Yue Kwong, Michael | 陳裕光先生 |
Mr. Kwok Lam Kwong, Larry, SBS, JP | 郭琳廣先生，銀紫荊星章，太平紳士 |
Ms. Elizabeth Law (Appointed with effect from 1st April, 2023) | 羅君美女士（自二零二三年四月一日起獲委任） |
REMUNERATION COMMITTEE | 薪酬委員會 |
Mr. Chan Yue Kwong, Michael (Chairman) | 陳裕光先生（主席） |
Mr. Kwok Lam Kwong, Larry, SBS, JP | 郭琳廣先生，銀紫荊星章，太平紳士 |
Mr. Tam King Ching, Kenny | 譚競正先生 |
Ms. Elizabeth Law (Appointed with effect from 1st April, 2023) | 羅君美女士（自二零二三年四月一日起獲委任） |
NOMINATION COMMITTEE | 提名委員會 |
Mr. Kwok Lam Kwong, Larry, SBS, JP (Chairman) | 郭琳廣先生，銀紫荊星章，太平紳士（主席） |
Mr. Chan Yue Kwong, Michael | 陳裕光先生 |
Mr. Lam Kwong Yu | 林光如先生 |
Mr. Tam King Ching, Kenny | 譚競正先生 |
Ms. Yeung Chui | 楊翠女士 |
Ms. Elizabeth Law (Appointed with effect from 1st April, 2023) | 羅君美女士（自二零二三年四月一日起獲委任） |
CORPORATE INFORMATION | 公司資料 |
AUTHORISED REPRESENTATIVES | 授權代表 |
Mr. Lam Kwong Yu | 林光如先生 |
Mr. Poon Kwok Ching | 潘國政先生 |
COMPANY SECRETARY | 公司秘書 |
Mr. Poon Kwok Ching | 潘國政先生 |
AUDITOR | 核數師 |
PricewaterhouseCoopers | 羅兵咸永道會計師事務所 |
Certified Public Accountants | 香港執業會計師 |
Registered Public Interest Entity Auditor | 註冊公眾利益實體核數師 |
22nd Floor | 香港中環 |
Prince's Building | 太子大廈22樓 |
Central, Hong Kong | |
LEGAL ADVISER | 法律顧問 |
Howse Williams | 何韋律師行 |
27/F., Alexandra House | 香港中環遮打道18號 |
18 Chater Road | 歷山大廈27樓 |
Central, Hong Kong | |
REGISTERED OFFICE | 註冊辦事處 |
Victoria Place, 5th Floor | Victoria Place, 5th Floor |
31 Victoria Street | 31 Victoria Street |
Hamilton HM 10 | Hamilton HM 10 |
Bermuda | Bermuda |
HEAD OFFICE AND PRINCIPAL PLACE OF | 總辦事處及主要營業地點 |
BUSINESS | |
3/F., Perfect Industrial Building | 香港 |
31 Tai Yau Street | 九龍新蒲崗 |
Sanpokong | 大有街三十一號 |
Kowloon | 善美工業大廈三樓 |
Hong Kong |
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CORPORATE INFORMATION | 公司資料 |
SHARE REGISTRARS AND TRANSFER OFFICES | 股票過戶登記處 |
Principal Share Registrar and Transfer Office | 主要股票過戶登記處 |
MUFG Fund Services (Bermuda) Limited | MUFG Fund Services (Bermuda) Limited |
4th floor, North Cedar House | 4th floor, North Cedar House |
41 Cedar Avenue | 41 Cedar Avenue |
Hamilton HM12 | Hamilton HM12 |
Bermuda | Bermuda |
Hong Kong Branch Share Registrar and Transfer Office | 香港股票過戶登記分處 |
Tricor Secretaries Limited | 卓佳秘書商務有限公司 |
17/F, Far East Finance Centre | 香港 |
16 Harcourt Road, Admiralty | 金鐘夏愨道16號 |
Hong Kong | 遠東金融中心17樓 |
PRINCIPAL BANKERS | 主要銀行 |
The Hongkong and Shanghai Banking Corporation Limited | 香港上海滙豐銀行有限公司 |
Hang Seng Bank Limited | 恒生銀行有限公司 |
Bank of China (Hong Kong) Limited | 中國銀行（香港）有限公司 |
China Construction Bank | 中國建設銀行股份有限公司 |
WEBSITE | 網址 |
http://www.hkstarlite.com | http://www.hkstarlite.com |
STOCK CODE | 股票代號 |
403 | 403 |
CHAIRMAN'S STATEMENT | 主席報告 |
RESULTS | 業績 |
For the year ended 31st March, 2024, the Group's revenue | 本集團截至二零二四年三月三十一日止年度的收入 |
decreased by 9.6% to approximately HK$835 million. A profit | 約為八億三千五百萬港元，較去年度下降百分之九 |
of approximately HK$17 million was recorded, compared to a | 點六。集團年內錄得約一千七百萬港元溢利，去年 |
profit of approximately HK$5 million last year. | 同期則錄得約五百萬港元溢利。 |
Given that inflationary pressures gradually eased which led to a | 基於通脹壓力已逐漸緩和使主要原材料價格回落， |
decline in prices of major raw materials, coupled with the | 配合眾多成本優化措施的有效落實及人民幣貶值錄 |
effective implementation of various cost optimization measures | 得匯兌收益，使集團期內保持核心利潤水平。 |
and the exchange gains from the depreciation of Renminbi, the | |
Group maintained its core profit level during the period. | |
During the reporting period, under the combined influence of | 於報告期間，受國際地緣政治分歧、單邊貿易保護 |
international geopolitical divergences, rising unilateral trade | 主義抬頭及資本市場成本高企等多重因素疊加影響 |
protectionism, and high capital market costs, the global | 下，環球經濟發展充滿著不確定性，滯脹和全球經 |
economic development was fraught with uncertainties. The risks | 濟衰退的風險依然存在，加上中國內地市場的復甦 |
of stagflation and global economic recession still existed. 亦較預期緩慢及發達經濟體通脹未達控制目標水平，
Further, the recovery of the mainland Chinese market was | 使全球經濟復甦進程受阻，宏觀的不利條件影響終 |
slower than expected and the inflation in developed economies | 端消費者的購買力及消費意欲，進而影響各類消費 |
had not reached control targets, hindering the global economic | 品的需求。面對需求端的異常波動，客戶採取更保 |
recovery process. The unfavourable macro conditions affected | 守的營銷模式，除收緊了訂單及庫存政策外，也推 |
the purchasing power and consumption desire of end | 遲一部份潛在項目的開發，對集團業務增長構成短 |
consumers, which in turn affected the demand for various | 暫的影響。即使營商大環境急劇波動，本期中國境 |
consumer goods. In the face of abnormal fluctuations from the | 內三個廠區的表現均優於預期。廣州廠區持續錄得 |
demand side, our customers have adopted a more conservative | 盈利，而韶關廠區轉虧為盈。蘇州廠區業務輕微下 |
business model. In addition to tightening order and inventory | 跌，但仍錄得利潤。另一方面，亞世安區域銷售額 |
policies, they also delayed the development of certain potential | 下跌但同樣扭虧為盈。 |
projects, which had a short-term impact on the Group's | |
business growth. Despite the sharp fluctuations in the business | |
environment, the performance of the three plants in China was | |
better than expected during the period. The Guangzhou plant | |
continued to record profit, while the Shaoguan plant saw a | |
turnaround from loss. The operation of the Suzhou plant | |
experienced a slight decline but still recorded a profit. On the | |
other hand, sales in the ASEAN region declined but also saw a | |
turnaround from loss. |
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