14 / 67
Tradelink Electronic Commerce Limited
Interim Report 2017
12
Management Discussion and Analysis
(Continued)
管理層討論及分析
（續）
回 顧 期 內 ， 本 集 團 扣 除 折 舊 前 的 經 營 開 支 為 港 幣
77,000,000
元，較二零一六年同期港幣
74,900,000
元增
加
2.8%
或港幣
2,100,000
元。僱員成本由港幣
50,800,000
元增加至港幣
53,100,000
元，較去年同期上升港幣
2,300,000
元或
4.5%
。由於交付的保安編碼器數量增加，
故採購成本金額由二零一六年上半年港幣
7,100,000
元上
升港幣
2,400,000
元至回顧期內港幣
9,500,000
元。回顧期
內產生的其他經營成本港幣
14,300,000
元較去年同期港幣
17,100,000
元減少港幣
2,800,000
元。減幅主要由於二零
一七年上半年持有以美元計值的財務資產所得的外幣匯兌
收益港幣
2,600,000
元所致。回顧期內，折舊開支為港幣
3,100,000
元，較上一期間減少港幣
200,000
元。
回顧期內，本集團的經營溢利為港幣
45,100,000
元，較二
零一六年同期增加港幣
7,700,000
元或
20.6%
。
回顧期內，我們於其他財務資產的投資市值減少，導致本集
團錄得減值虧損港幣
8,000,000
元。
回顧期內，本集團就其於中國聯營公司的投資所佔業績錄得
分佔溢利港幣
2,200,000
元，而去年同期則分佔虧損淨額港
幣
7,500,000
元，差距幅度為港幣
9,700,000
元。
於二零一六年上半年，我們的全資附屬公司
DTTNCo
向其客
戶提供電子解決方案，錄得遞延稅項抵免港幣
11,700,000
元。在
DTTNCo
收益持續增加及獲利的情況下，由於使用未
動用的稅項虧損，故於二零一七年上半年確認遞延稅項支出
港幣
1,000,000
元，導致差距幅度為港幣
12,700,000
元。
截至二零一七年六月三十日止六個月，本集團未經審核除
稅後溢利為港幣
33,300,000
元，較去年同期減少
9.3%
。
撇除回顧期內遞延稅項支出港幣
1,000,000
元及去年同期
遞延稅項抵免港幣
11,700,000
元的影響，今年的除稅後溢
利增加至港幣
34,300,000
元，而二零一六年同期則為港幣
25,000,000
元，溢利增長為
37.2%
。
二零一七年首六個月的每股基本盈利為
4.19
港仙，而去年
同期則為每股
4.61
港仙。二零一七年首六個月的每股攤薄
盈利亦為
4.19
港仙，較二零一六年
4.61
港仙減少
0.42
港仙。
The Group’s operating expenses before depreciation during the review period
was HK$77.0 million, increased by 2.8% or HK$2.1 million from HK$74.9
million for the same period in 2016. Staff costs increased from HK$50.8
million to HK$53.1 million, up by HK$2.3 million or 4.5% as compared to
same period last year. The amount of cost of purchases grew HK$2.4 million
from HK$7.1 million for the first half of 2016 to HK$9.5 million for the review
period due to the increase in the volume of security tokens delivered. The other
operating costs at HK$14.3 million incurred during the period under review
were lower than the amount at HK$17.1 million same period last year by
HK$2.8 million. The decrease was mainly due to a foreign currency exchange
gain of HK$2.6 million from the US dollar-denominated financial assets held
during the first half of 2017. Depreciation charges for the review period
amounted to HK$3.1 million, HK$0.2 million lower than last period.
The Group’s profit from operations for the review period was HK$45.1 million,
an increase of HK$7.7 million or 20.6% as compared to same period in 2016.
During the review period, the Group recorded an impairment loss of HK$8.0
million as a result of decline in the market value of our investment in other
financial assets.
During the review period, the Group’s share of results from our investments in the
PRC associates recorded a share of profit of HK$2.2 million as compared to
a share of net loss of HK$7.5 million for the same period last year, a swing of
HK$9.7 million.
Our wholly-owned subsidiary, DTTNCo providing e-solutions to its customers
recorded a deferred tax credit of HK$11.7 million during the first half of 2016.
As DTTNCo continued to grow in revenue and generate profit, a deferred
tax charge of HK$1.0 million was recognised in the first half of 2017 due to
utilisation of unused tax losses, resulted in a swing of HK$12.7 million.
The Group’s unaudited after tax profit for the six months ended 30 June 2017
came to HK$33.3 million, a decline of 9.3% as compared to same period last
year. Ignoring the effect of the deferred tax charge of HK$1.0 million during the
review period and the deferred tax credit of HK$11.7 million in the same period
last year, this year’s profit after taxation was increased to HK$34.3 million as
compared to HK$25.0 million for the same period of 2016, represent a profit
growth of 37.2%.
Basic earnings per share for the first six months of 2017 was HK 4.19 cents,
as compared to HK 4.61 cents per share for the same period last year. Diluted
earnings per share for the first six months of 2017 was also HK 4.19 cents,
lower than that for 2016 at HK 4.61 cents by HK 0.42 cents.