Tradelink 2017 Interim Report

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貿易通電子貿易有限公司 二零一七年中期報告
Chairman’s Statement
主席報告書
05
Dear Shareholders,
With an improved operating environment during the first half of this year, the
Group had strong operating results. The Group’s turnover for the period at
HK$113.1 million, was up 6.3% on the HK$106.4 million for the same period
last year. The Group’s operating profit for the first half of 2017 was HK$45.1
million, higher than the same period last year at HK$37.4 million by 20.6%,
despite the fact that the operating costs at HK$80.0 million was up 2.3% from
HK$78.2 million last year.
Revenues from all three key business segments, namely Government Electronic
Trading Services (“GETS”), Commercial Services and Security Solutions recorded
growth of 2.3%, 30.0% and 35.3% respectively when compared to the first half
of 2016 while Other Services revenue dropped slightly by 4.2%.
Regarding the share result of our PRC associates, as fore-mentioned in my
statement in 2016 Annual Report, with the improvement of the performance of
Guangdong Nanfang Haian Science & Technology Service Company Limited
(“Nanfang”) after the settlement of their historical legal problems last year, the
share result of our PRC associates improved markedly with a share of profit of
HK$2.2 million for the period, vis-à-vis a share of loss of HK$7.5 million last
year, a swing of HK$9.7 million. Unfortunately, we needed to account for an
exceptional impairment loss of HK$8.0 million on our other financial assets
recorded for the period. This together with the deferred tax charge arising
from the utilisation of the unused tax losses of Digital Trade and Transportation
Network Limited (“DTTNCo”), resulted in a drop of the Group’s after tax profit
by 9.3% from HK$36.7 million for the first half of last year to HK$33.3 million
for the same period this year. All in all, the Group’s after tax profit but before
deferred tax charge of DTTNCo was actually up 37.2% from HK$25.0 million
for the period last year to HK$34.3 million this year.
The GETS market landscape this year has been stable with no major competitive
threats. We expect the outlook for the second half of the year continues to be
steady. Also as expected, the Government has, in April, issued the tender for
the new GETS license from 2019 to 2024 with a possible extension up to
three more years so as to allow adequate flexibility for transition to their Trade
Single Window (“SW”) full implementation as operational considerations may
warrant. Same as the existing GETS operating environment, the Government
intends to appoint up to three service providers to provide GETS under the new
contract. In response to the GETS tender, we have submitted our proposal.
As the dominant market player, we have been providing GETS for the trading
community since 1997 initially under a 7-year exclusive franchise followed by
two GETS contracts which we successfully won through two tendering exercises.
While the results of the current tender would not be announced until the end of
2017, with our past two decades' robust experience, we are confident of the
successful award of the new GETS contract enabling us to continue providing
quality, value-for-money services to our massive client base which has been
supporting us as the GETS service provider of their choice for decades. As for
the Government’s plan to implement SW to take over GETS earliest by 2024,
we would continue to keep a close eye on the development of this mega project
which Government would require to conduct intensive industry engagement and
to seek funding approval for system development as well as to make necessary
changes to some 40 pieces of existing legislations. With possibly up to 7 to
10 years down the road before the full implementation of the SW, we shall
have plenty of time that we need to carefully formulate and execute appropriate
strategy in favor of our competitive position under the future SW environment.
致各位股東：
隨著本年度上半年的營商環境有所改善，本集團錄得亮麗
的經營業績。本集團期內的營業額為港幣 113,100,000
元，較去年同期的港幣 106,400,000元上升 6.3% 。儘管
營運成本較去年的港幣 78,200,000元上升 2.3% 至港幣
80,000,000 元，本集團於二零一七年上半年的經營溢利為
港幣45,100,000 元，較去年同期的港幣37,400,000 元上
升20.6%。
來自政府電子貿易服務（「 GETS」）、商業服務及保安方案
三個主要業務分部的收益分別較二零一六年上半年錄得
2.3%、30.0% 及35.3%的增長，而其他服務的收益則微跌
4.2%。
就我們中國聯營公司分佔的業績而言，正如本人於二零
一六年年報的報告書所述，由於廣東南方海岸科技服務有
限公司（「南方」）於去年就過往法律問題作出和解後，業
績有所改善，因此我們中國聯營公司分佔的業績明顯上
升，期內分佔溢利達港幣 2,200,000元，而去年則分佔虧
損港幣 7,500,000元，差距幅度為港幣 9,700,000元。但
不幸地我們需要將期內所錄得其他財務資產的減值虧損
港幣8,000,000元入賬，連同數碼貿易運輸網絡有限公司
（「DTTNCo 」）的未動用稅項虧損所產生的遞延稅項支出，導
致本集團除稅後溢利由去年上半年的港幣36,700,000元下
跌 9.3%至本年度同期的港幣 33,300,000元。總括而言，
本集團扣除DTTNCo 遞延稅項支出的除稅後溢利實際上由
去年同期的港幣25,000,000元上升37.2%至本年度的港幣
34,300,000元。
本年度 GETS的市場環境於沒有重大競爭威脅下維持穩定。
我們展望下半年將保持平穩。亦一如所料政府於四月就二
零一九年至二零二四年的新GETS牌照進行招標，該牌照最
多可延期三年，以因應營運考慮有足夠靈活性過渡至全面
實施貿易單一窗口（「單一窗口」）。就如現有 GETS經營環境
一樣，政府計劃於新牌照下委任最多三名服務供應商提供
GETS。我們已就GETS招標提交標書。作為市場領導者，我
們自一九九七年起一直為貿易界提供GETS，由最初的七年
專營牌照，接著兩個GETS 合約，皆是我們通過兩次招標程
序而成功贏取得。儘管這次招標結果於二零一七年底才會公
佈，我們深信藉著我們過往二十年的豐富經驗能成功獲得新
GETS合約，讓我們可以繼續向多年來支持我們、視我們為
其首選 GETS服務供應商的廣大客戶群提供優質、物有所值
的服務。由於政府計劃最早於二零二四年全面實施單一窗口
以取代 GETS，我們會密切留意這個大型項目的進展。為發
展這個項目，政府將需要與業界進行緊密諮詢，就系統開發
申請審批撥款，以及修訂四十多項現行法例。距離全面實施
單一窗口仍有七至十年時間，我們將有充足時間謹慎制訂及
執行合適策略，增強我們在未來的單一窗口環境下的競爭能
力。