貿易通2020 年中報

11 貿易通電子貿易有限公司  二零二零年中期報告 Management Discussion and Analysis (Continued) 管理層討論及分析 （續） 財務回顧 本集團截至二零二零年六月三十日止六個月的收益為港 幣 119,700,000 元，較去年同期下跌 4.0% 或港幣 5,000,000 元。期內電子商貿服務收益下跌 4.0% 至港幣 81,600,000 元，而其他服務收益下跌 29.4% 至港幣 11,400,000 元，但 為身份管理收益上升 13.7% 至港幣 26,700,000 元所抵銷。 電子商貿方面，於二零二零年上半年， COVID-19 爆發導 致經濟出現不利狀況， GETS 市場疲弱， GETS 子分部收益 因而下跌 9.3% 或港幣 7,400,000 元至港幣 72,400,000 元。 供應鏈應用方案子分部則因回顧期間自倉庫管理系統相 關項目，以及大型倉庫自動化項目供應貨品確認更多收 入，令 該 子 分 部 收 益 上 升 港 幣 4,000,000 元 至 港 幣 9,200,000 元。至於身份管理分部，由於在二零二零年上 半年，電子化認識你的客戶相關項目收入增加，加上電 子化認識你的客戶及生物認證項目的保養及支援服務收 益增加，因而該分部收益增加港幣 3,200,000 元。然而， 由於 COVID-19 疫情對零售業的經濟活動構成前所未見的 中斷，智能銷售點業務收益於二零二零年上半年大跌， 其他服務收益下跌港幣 4,800,000 元。 本集團於二零二零年上半年的折舊前經營開支下跌至港 幣 88,900,000 元，較去年同期下跌約 0.8% 或港幣 700,000 元。採購成本增加港幣 1,400,000 元，此乃與回顧期內向 客戶供應貨品的收益變動一致。僱員成本減少 2.2% 至港 幣 58,000,000 元。其他經營開支為港幣 17,400,000 元，按 年下跌 4.6% ，反映本集團於回顧期內採取的持續控制措 施，如減少維修及保養開支及設備管理費用合共港幣 1,200,000 元。期內折舊開支為港幣 4,500,000 元，較去年 增加港幣 600,000 元。 除上述因素外，本集團錄得其他虧損淨額港幣 1,600,000 元，主要原因是本集團為減少投資及重大市場波動引致 的風險，因而出售若干債務證券並錄得虧損淨額港幣 3,700,000 元，以及於二零二零年六月政府保就業計劃的 薪金補貼港幣 2,200,000 元的其他收益淨額的綜合結果。 於二零二零年首六個月，於審閱所持企業債券的預期虧 損評估後，其他財務資產信貸虧損減值撥備為港幣 600,000 元。 回顧期內，本集團的經營溢利為港幣 31,600,000 元，較去 年同期下降 18.5% 。 可惜的是，本集團於二零二零年上半年分佔中國聯營公 司南方虧損港幣 2,200,000 元，而二零一九年同期則為分 佔溢利港幣 1,400,000 元。二零二零年上半年轉盈為虧， 主因為並無如二零一九年上半年南方就小船艙單報關服 務自地方政府機關收取的一筆一次性付款。南方於二零 一九年下半年錄得經營虧損，其收益於二零二零年首六 個 月 大 幅 倒 退，加 上 過 往 事 件 所 影 響，令 南 方 於 COVID-19 疫情帶來的挑戰重重的經營環境中，繼續錄得 經營虧損。經審閱南方的狀況後，於二零二零年上半年， 已就於南方的權益作出港幣 4,400,000 元的減值虧損撥備。 Financial Review The Group’s revenue for the six month ended 30 June 2020 was HK$119.7 million, a decline of 4.0% or HK$5.0 million over the same period last year. The decreases in revenue during the period from our E-Commerce service, by 4.0% to HK$81.6 million, and our Other Services by 29.4% to HK$11.4 million, were offset by a 13.7% increase in revenue at IDM to HK$26.7 million. In E-Commerce, revenue of the GETS sub-segment fell by 9.3% or HK$7.4 million to HK$72.4 million in the first half of 2020 owing to the weak GETS market under the adverse economic conditions from the outbreak of COVID-19; whereas revenue of the Supply Chain Solutions sub-segment was up by HK$4.0 million to HK$9.2 million with more income recognised from WMS related projects and the supplies of goods to our mega-warehouse automation project during the review period. As for IDM segment, its revenue rose by HK$3.2 million as a result of increased project income from eKYC related projects and increased maintenance and support service revenue from the eKYC and biometric projects in the first half of 2020. However, revenue from Other Services dropped by HK$4.8 million with revenue from the Smart PoS business plunged in the first half 2020 due to the unprecedented disruption to the economic activities of the retail sector under the COVID-19 pandemic. The Group’s operating expenses before depreciation for the first half of 2020 decreased to HK$88.9 million, a drop of about 0.8% or HK$0.7 million as compared to the same period last year. The cost of purchases rose by HK$1.4 million, which was in line with the change in revenue from supplies of goods to customers during the review period. Staff costs decreased by 2.2% to HK$58.0 million. The other operating expenses was HK$17.4 million, dropped by 4.6% year-on-year, which reflects the ongoing control measures taken by the Group such as the reduction of repair and maintenance expenses and facilities management fees by a total of HK$1.2 million during the review period. Depreciation charges for the period amounted to HK$4.5 million, was HK$0.6 million higher than last year. Apart from the above, the Group recorded other net loss of HK$1.6 million which mainly is the combined result of HK$3.7 million net loss on disposal of certain debt securities in order to reduce investments and risks under significant market volatility; and the other net income of HK$2.2 million wage subsidies from the Employment Support Scheme of the Government for the month of June 2020. During the first six month of 2020, there was a provision for impairment of credit loss on other financial assets of HK$0.6 million after a review of the expected loss assessment on the corporate bonds held. The Group’s profit from operations for the review period was HK$31.6 million, a drop of 18.5% over the same period last year. Unfortunately, the Group had a share of loss of HK$2.2 million from its PRC associate, Nanfang, for the first half of 2020, as compared to a share of profit of HK$1.4 million in the corresponding period in 2019. The turnaround in the first half of 2020 was mainly due to the absence of a one-off lump sum payment by the local government authority to Nanfang for the river manifest declaration service during the first half of 2019. It had an operating loss for the second half of 2019. With the substantial deterioration in its revenue for the first six months of 2020 and the suffering from its historical issues, Nanfang continued to incur operating losses amid the challenging operating environment under COVID-19 pandemic. During first half of 2020, a provision for impairment loss on interest in Nanfang of HK$4.4 million was made after a review of Nanfang.