Tradelink 2019 Annual Report

二零一九年年報 貿易通電子貿易有限公司 15 Management Discussion and Analysis (Continued) 管理層討論及分析 （續） Business Review E-Commerce Business Review The rising trade tensions between the US and China and heightened political and economic uncertainty have undoubtedly blunted Hong Kong’s 2019 economic performance. The weakening economic conditions have further been double hit by the social events that have shaken the Hong Kong community starting the second half of the year. Our E-Commerce business which largely depends on the Hong Kong economy and export activities as a result has no doubt been undermined considerably, recording a slump in its segment performance. In terms of turnover, with the exceptional income from the supplies of goods for fulfillment of the mega warehouse automation project, our E-Commerce business recorded a growth from HK$191.7 million last year to HK$246.3 million this year, an increase of HK$54.6 million or 28.5%. Including the additional cost of purchase of goods for that mega project, total costs of the E-Commerce segment surged to HK$177.1 million in 2019, up 48.8% from HK$119.0 million in 2018. Accordingly, the segment profit dropped from HK$72.7 million last year to HK$69.2 million this year, down 4.8% on a year-on-year basis. 業務回顧 電子商貿業務回顧 中美貿易緊張局勢持續升溫，加上政治經濟不確定 性加劇，毋疑削弱了香港二零一九年的經濟表現。 於下半年開始的社會活動撼動香港社會，雙重打擊 疲弱的經濟狀況。我們的電子商貿業務十分取決於 香港經濟及出口活動，因此不能倖免遭受嚴重損 害，分部表現下跌。履行大型倉庫自動化項目供應 的貨品帶來特殊收入，電子商貿業務的營業額自去 年的港幣 191,700,000 元增加港幣 54,600,000 元或 28.5% 至本年度的港幣 246,300,000 元。計入就該 大型項目購買貨品的額外成本，電子商貿分部的成 本總額由二零一八年的港幣 119,000,000 元飆升 48.8% 至二零一九年的港幣 177,100,000 元。因 此，分部溢利自去年的港幣 72,700,000 元按年減少 4.8% 至本年度的港幣 69,200,000 元。