貿易通 2021 年中報

Management Discussion and Analysis 管理層討論及分析 08 Tradelink Electronic Commerce Limited Interim Report 2021 Business Review E-Commerce Business Review For the first half of 2021, our E-Commerce business comprising GETS and Supply Chain Solutions recorded a total revenue of HK$88.9 million, an increase of 9.0% or HK$7.3 million relative to the same period last year. With total costs kept at almost the same level as last year, segment profit for the period was HK$32.9 million, 27.6% or HK$7.1 million more than the HK$25.8 million for the same period last year. Driven by a visible revival of global trading and production activities along with the pick-up of demand in many major markets following the mass rollout of COVID-19 vaccination programs in many economies, Hong Kong’s external trade recorded strong performance in the first half of 2021. With a much improved operating environment, the overall GETS market saw a sharp V-shape recovery in the first half of 2021, up 22% year-on-year. Though the marked percentage increase for the period was against a particularly low base last year when the global economy was devastated by the spread of COVID-19, in terms of actual transaction volume in the first half of the year, it hit a record high post-global financial crisis. While our total GETS transaction volume processed also increased in tandem with the overall market, the transaction volume growth from our major courier customers was almost three times that of the overall market. To put into context the effect of our major courier customers’ volume growth on our business volume, the share of their transaction volume for the first half of 2021 was up almost 30% compared with their share for the same period last year. Although the average price increased for most of our GETS customers, with our major courier customers’ notably increasing volume and the steep volume discount prices they were given, overall average price dropped year-on-year during the period, ending the average price upward trend that started in 2019. Nevertheless, given the significant increase in the total volume processed, our GETS revenue for the period still increased by a handsome 13.3% from HK$72.4 million last year to HK$82.0 million this year. 業務回顧 電子商貿業務回顧 於二零二一年上半年，由 GETS 及供應鏈應用方案 組成的電子商貿業務錄得總收益港幣 88,900,000 元，較去年同期增長 9.0% 或港幣 7,300,000 元。總 成本與去年大致持平，期內分部溢利為港幣 32,900,000 元，較去年同期港幣 25,800,000 元增長 27.6% 或港幣 7,100,000 元。 繼多個經濟體大規模推出 COVID-19 疫苗接種計劃 後，全球貿易及生產活動顯著復甦，多個主要市場 需求回升，推動香港外貿於二零二一年上半年錄 得強勁表現。隨著營商環境大為改善，整體 GETS 市場於二零二一年上半年呈 V 形強勁反彈，按年增 長 22% 。雖然期內大幅百分比增長乃由於去年全球 經濟因 COVID-19 蔓延受到衝擊以致基數特別低的 情況下而產生，惟上半年實際交易量亦創全球金 融危機後新高。我們所處理的 GETS 總交易量亦與 整體市場同步增長，來自主要快遞客戶的交易量 增幅亦幾近是整體市場增幅的三倍。至於我們的 主要快遞客戶的交易量增長對我們業務的實質影 響而言，二零二一年上半年，彼等交易量佔比較去 年同期上升接近 30% 。雖然大部分 GETS 客戶的平 均價格上漲，但主要快遞客戶的交易量顯著增加， 且他們獲得大幅批量折購優惠，期內，整體平均價 格按年下跌，終結自二零一九年開始的平均價格 上升趨勢。然而，鑒於所處理的總量飆升，期內我 們的 GETS 收益仍由去年的港幣 72,400,000 元急升 13.3% 至本年度的港幣 82,000,000 元。