貿易通2019 年年報

Tradelink Electronic Commerce Limited Annual Report 2019 16 Management Discussion and Analysis (Continued) 管理層討論及分析 （續） Business Review (Continued) E-Commerce Business Review (Continued) Looking closer into the GETS sub-segment as the core component of our E-Commerce business, against a poor operating environment affected by the slowdown of Hong Kong external trade causing a shrinkage of the overall market by 4.8% year-on-year, its revenue dropped HK$6.8 million or 4.0% from HK$168.6 million in 2018 to HK$161.8 million in 2019. Compared with the first half of the year when there was a revenue drop of 4.6%, there actually was a slight improvement in the second half of the year resulting in a marginally narrowing decline in revenue for the full year. As mentioned in the 2019 Interim Report, because of our ability to achieve an overall price increase of our services, we managed to contain our GETS revenue loss to a level less than that of the market shrinkage. As regards our Supply Chain Solutions sub-segment, its revenue rose markedly to HK$84.5 million in 2019, HK$61.4 million more than the revenue of HK$23.1 million in 2018. The revenue recorded in 2019 included two income items totally amounting to almost HK$62.8 million for the supply of goods required under our mega warehouse automation project on a work-in-progress basis for the major retail chain client. On the other hand, in 2018, revenue was recorded for the same project, also on a work-in-progress basis for the software licence delivered to the client. Excluding the revenue recognized for this mega warehouse project in 2018 and 2019, our Supply Chain Solutions sub-segment recorded a slight drop in top line in 2019 of about 2.3% year-on-year. Aside from the Warehouse Management System (“WMS”) project for a major express courier as mentioned in the 2019 Interim Report, we have confirmed several interesting projects in the second half of 2019 for which work has started and revenue recognized on a work-in-progress basis. One of these was a WMS project supporting the operation of physical stores and eShop of a leading retail chain selling consumer electronic products and home appliances. Another new project was a WMS and Transportation Management System for use by a major service provider offering storage, reprocessing and recycling services for abandoned regulated electrical equipment. The client was required by the regulatory authority to implement a technical solution to manage their recycled home appliance operations. Following the formal requirements of the regulatory authority, we successfully won the tender issued by this client for this project. Another interesting case worth mentioning was an order confirmed by a group of enterprises involved in music internationally to use our WMS for managing their warehouse inventory of musical instruments and publications. These new orders demonstrated the versatility and adaptability of our WMS through its application across a diverse range of industries. 業務回顧（續） 電子商貿業務回顧（續） 細看電子商貿業務的主要部分 GETS 子分部，香港 外圍貿易放緩，引致經營環境惡劣，整體市場按 年 萎 縮 4.8% ，其 收 益 自 二 零 一 八 年 的 港 幣 168,600,000 元減少港幣 6,800,000 元或 4.0% 至二 零一九年的港幣 161,800,000 元。與上半年收益減 少 4.6% 相比，實際上，下半年有輕微改善，使全 年收益下降幅度略為收窄。如二零一九年中期報 告所述，由於我們成功提高服務整體收費，故可 將 GETS 收益虧損維持低於市場萎縮程度。 至於供應鏈應用方案子分部，收益大幅增加至二 零一九年的港幣 84,500,000 元，較二零一八年的 港幣 23,100,000 元多出港幣 61,400,000 元。二零 一九年錄得的收益中，包括兩個收入項目，合共 接近港幣 62,800,000 元，為主要零售連鎖客戶正 在進行的大型倉庫自動化項目所須供應的貨品的 收入。另一方面，於二零一八年，同一進行中項 目亦就向客戶交付軟件使用許可錄得收益。撇除 於二零一八年及二零一九年就此大型倉庫項目實 現的收益，供應鏈應用方案子分部於二零一九年 收益略有輕微下滑，按年約為 2.3% 。除如二零 一九年中期報告所述的主要快遞公司倉庫管理系 統（「倉庫管理系統」）項目外，我們於二零一九年 下半年確認數項有意思的項目，工作已展開，並 於過程中獲取收益。其中一個是倉庫管理系統項 目，支援 — 銷售消費電子產品及家電的領先零售 連鎖實體店及網店業務。另一個新項目為倉庫管 理系統及運輸管理系統，由一提供廢棄受監管電 器設備儲存、再處理及回收服務的主要服務供應 商所使用。監管機關要求該客戶實施技術解決方 案，以管理回收家電業務。監管機關提出正式要 求後，我們成功贏得此客戶就此項目進行的投 標。還有一個值得一提的有趣個案，是為一組從 事國際音樂的企業提供倉庫管理系統以管理其樂 器及出版物的倉庫存貨，此訂單亦已獲確認。透 過將倉庫管理系統應用於各行各業，該等新訂單 展示系統的多功能性及適應性。