Tradelink 2018 Annual Report

Chairman’s Statement (Continued) 主席報告書 （續） Tradelink Electronic Commerce Limited Annual Report 2018 06 Review (Continued) Regarding the performance of our business segments, re-grouped into three key segments, namely E-Commerce, Identity Management (“IDM”) and Other Services, for reasons stated in our 2018 Interim Report, they all recorded strong growth of various magnitudes. Particularly outstanding was our IDM business as continuing its growth momentum gathered from the first half of the year, its revenue for 2018 surged by an impressive 42.9% year-on-year from HK$40.1 million last year to HK$57.3 million this year and its profit also climbed 29.9% to HK$7.6 million. The business has benefited from the strong and increasing market demand for security solutions, in particular biometric authentication solutions, to combat the growing threat of cyber-attacks on businesses, not limited to the banking and financial industry, but all industries. During the reporting period, we fulfilled several major orders for our two factor biometric authentication solution which has become one of our most sought after IDM solutions in recent years. Our customers included renowned international and local banks as well as major corporations which deployed our solutions for identity verification of their clients for digital onboarding and/or conducting online transactions. For some of our bank customers, our solution was deployed specifically for conducting Know-Your-Customer (“KYC”) check of their client for mobile bank account opening. As for our E-Commerce business, its revenue grew by HK$9.0 million, or 4.9%, from HK$182.7 million last year to HK$191.7 million this year, and its segment profit was up 18.2% from HK$61.5 million in 2017 to HK$72.7 million in 2018. Although our core Government Electronic Trading Services (“GETS”) turnover in 2018 dropped slightly to HK$168.6 million, down 0.3%, HK$0.5 million less than last year, Commercial Services business recorded a phenomenal revenue growth of 70.6% year-on-year, an increase of HK$9.5 million from HK$13.6 million in 2017 to HK$23.1 million in 2018. The sub-segment quickly caught up in the second half of 2018 with several major projects completed and delivered to customers before the end of the year. As a result, the two sub-segments together contributed to the overall pleasing performance of the combined E-Commerce business in 2018. While the demand for our GETS, which depends very much on Hong Kong’s external trade, is out of our control, we can at all times and use our best effort to sell supply chain solutions to our GETS customers in the trade and logistics industries, helping them operate their business more effectively and efficiently regardless of the larger economic environment. Our decision made early in the year to combine the GETS and Commercial Services sub-segments under E-Commerce made sense as evidenced by the results this year and together they have helped boost the resilience of our E-Commerce business. 回顧（續） 至於我們的主要業務分部之表現，如於二零一八 年中期報告所解釋，有關分部已重組為電子商 貿、身份管理（「身份管理」）及其他服務的三個主 要分部，全部均錄得不同幅度的強勁增長。表現 最出色的是我們的身份管理業務，延續其於本年 度上半年的增長動力，其二零一八年收益由去年 的港幣 40,100,000 元按年顯著急升 42.9% 至本年 度的港幣 57,300,000 元，而該溢利亦攀升 29.9% 至 港幣 7,600,000 元。該業務受惠於對保安方案的強 烈及不斷增長的市場需求，其中生物認證解決方 案可應對企業日益增長的網絡攻擊威脅，其應用 不限於銀行及金融行業，甚至可遍及所有行業。 於報告期間，我們已交付有關雙重認證解決方案 的多個大型訂單，有關方案更成為近年來我們最 受追捧的身份管理方案之一。我們的客戶包括知 名的國際及本地銀行以及主要企業，它們應用我 們的解決方案以用作其客戶於遙距開户及╱或進 行網上交易的身份核證。對於我們的一些銀行客 戶而言，我們的解決方案專門用於對其客戶在開 立流動銀行賬戶時進行認識你的客戶（「認識你的 客戶」）查核。 電 子 商 貿 業 務 方 面，其 收 益 由 去 年 的 港 幣 182,700,000 元增加港幣 9,000,000 元或 4.9% 至今 年的港幣 191,700,000 元，而該分部溢利則由二零 一 七 年 的 港 幣 61,500,000 元 增 加 18.2% 至 二 零 一八年的港幣 72,700,000 元。雖然我們的核心政 府電子貿易服務（「 GETS 」）於二零一八年的營業 額輕微下跌至港幣 168,600,000 元，較去年下跌 0.3% 或港幣 500,000 元，但商業服務業務收入錄 得顯著的按年升幅 70.6% ，由二零一七年的港幣 13,600,000 元上升港幣 9,500,000 元至二零一八年 的港幣 23,100,000 元。該分部業務於二零一八年 下半年迎頭趕上，多個大型項目完成及於本年底 前交付予客戶。因此，兩個子分部合計貢獻了二 零一八年綜合電子商務業務的整體滿意的表現。 雖然 GETS 的需求極受香港對外貿易情況影響，而 這是我們無法控制的，但我們可隨時及盡最大努 力銷售供應鏈解決方案予我們在貿易及物流行業 的 GETS 客戶，幫助客戶於任何宏觀經濟環境下， 更有效地運營業務。我們於今年初決定將我們的 GETS 及商業服務子分部的報告工作合併為電子商 貿的決定，據今年業績證明是合理的，共同有助 提升了我們電子商務業務的抗逆力。