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Annual Report 2016
二零一六年年報
17
Management Discussion & Analysis
管理層討論及分析
業務回顧（續）
其他服務回顧
本集團其他服務收益由二零一五年港幣
18,700,000
元微
升至二零一六年港幣
19,500,000
元，而其他服務主要為
GETS
相關服務，亦包括我們本身之道路貨物資料系統
（「
ROCARS
」）、為香港海關
ROCARS
提供之電話查詢中心服
務及為
GETS
紙張用戶提供紙張轉換電子文件服務。撇除一
般通貨膨脹因素，於二零一六年提供╱維持該等服務之成本
大致與二零一五年相同，然而，於二零一六年就新機遇及項
目進行之可行性研究產生額外成本。分部溢利由二零一五年
溢利港幣
13,700,000
元減少至二零一六年港幣
10,700,000
元，跌幅約為
21.9%
。
展望未來，我們預期其他
GETS
相關服務之收益將會穩定，
而我們將投入更多資源，投放於進一步開展至少一個已發掘
之新舉措的工作細節。此舉難免會影響該業務分部未來數年
之短期業績，但有望於日後迎來新收益來源。
投資中國聯營公司回顧
上海匯通虧損持續擴大，加上受南方就過往法律問題作出和
解產生之額外成本所影響，我們之中國聯營公司二零一六年
業績未如人意，分佔虧損合共錄得港幣
10,600,000
元，對
比二零一五年錄得分佔收益港幣
6,600,000
元，皆因於二零
一五年十二月出售我們所持國富瑞股權前，我們仍可分佔其
溢利。
儘管我們預期南方業務會回復正常，而過往法律問題徹底解
決後亦可望業務有所改善，但上海匯通仍在投資階段以進一
步建立客戶群，故其前景仍然不甚樂觀。
就該等投資而言，在未看到任何方面之可能性或突破前，我
們暫時將採取觀望態度。
Business Review (continued)
Other Services Review
The Group’s revenue from other services which primarily are GETS-related
and included our own Road Cargo Service (“ROCARS”), outsourced call
center services for Customs and Excise Department’s ROCARS and paper-
to-electronic conversion services for our GETS paper users, recorded a slight
increase from HK$18.7 million in 2015 to HK$19.5 million in 2016. While
the costs to deliver/maintain these services were largely the same in 2016
compared to 2015 if excluded general inflation, additional costs however were
incurred in 2016 for conducting feasibility and research on new opportunities
and projects. The segment profit dropped to HK$10.7 million in 2016, down
about 21.9% from 2015 profit at HK$13.7 million.
Looking ahead, while we expect stable revenue from our other GETS-related
services, we would incur more substantial costs to invest on further detailed
work on at least one of the new initiatives which we have tentatively identified.
This would inevitably affect adversely the results of this business segment in
the short term in coming years but hopefully bring in a new revenue driver in
future.
Investment in PRC Associates Review
Affected by the continuous increased loss of U-Link and additional costs
incurred by Nanfang for settlement of their historical legal problems, the
performance of our PRC associates in 2016 was poor, recording a total share
loss of HK$10.6 million versus a share gain of HK$6.6 million in 2015 when
we still could share profits from the Guofurui’s profit till our disposal of our
stake in December 2015.
Though we expect the Nanfang’s business would rather certainly return to
normal and hopefully improve after their historical legal problems have totally
been cleared up, the outlook of U-Link would continue not promising as they
are still in the stage of investment to further build up their customer base.
We would sit on the fence insofar as these investments are concerned for the
time being until we see any possibilities or breakthrough from any perspective.