Tradelink 2020 Interim Report

05 貿易通電子貿易有限公司  二零二零年中期報告 Chairman’s Statement (Continued) 主席報告書 （續） The outlook of our business for the remainder of the year is not promising given the continued spread of COVID-19 across the world, which is still a major threat to the global economy. Even if the pandemic across major economies is under control, we still need to see whether Hong Kong’s economy could recover quickly, hinging on a number of factors such as the extent of damages already done to the community by the pandemic as well as the development of Sino-US political and economic relations, which is also a key concern. Against such a depressing backdrop, we are afraid to say that the worst has yet to come, particularly affecting our core GETS and other GETS-related business as they have close and direct ties with Hong Kong’s external trade and global economy. Any effects on such businesses would go directly into our bottom line. That said, as we look at the factors within our control, we feel a bit more positive given a stable GETS competitive landscape that can help us retain our dominant market position and our overall effective cost control measures implemented. We are reasonably confident in our GETS business in terms of its ability to continue making profit contribution to the Company. As for the Supply Chain Solutions and IDM businesses, we hold a cautiously optimistic view on their outlook for the remainder of the year. Given the strong sales pipelines built by our teams and the ongoing demands for our solutions, the key challenge is whether our customers would delay confirming their orders with us due to the poor operating environment. Yet, we believe it would just be a matter of time for our customers to place orders with us. We have several hot cases on hand and hopefully we could get some of their nods within the second half of the year. Last but not least, regarding our Other Services business, we hold a pessimistic view on its outlook for the remainder of the year. For our Smart PoS business, while we expect it to remain weak, we will strive for opportunities to expand its business through acquiring more bank customers and merchants as well as seeking to enrich its service offerings. Despite the uncertain outlook for the second half of 2020, I believe we have the ability to continue generating reasonable earnings for the Group given the success of our business diversification strategy implemented years ago aiming to mitigate the risk from over-reliance on the GETS business, which ties directly to the external trade of Hong Kong. In the interest of enhancing shareholders’ value, I would recommend paying out as much of our profit as practicable, which means a payment of an interim dividend of HK 1.95 cents per share for the first half of 2020. This represents an about 75.3% payout of our profit for the period of HK$20.2 million, after excluding the deferred tax charge of DTTNCo at HK$0.4 million; and a 40.9% drop of the interim dividend compared to last year. Dr. LEE Nai Shee, Harry , S.B.S., J.P. Chairman Hong Kong, 25 August 2020 由於 COVID-19 於全球持續擴散，仍對全球經濟構成主要 威脅，我們的業務前景於本年餘下時間將未如理想。即 使主要經濟體的大流行受控，我們仍需觀察香港經濟是 否能迅速復原，而此受制於多項因素，例如疫情已對社 區造成的損害程度，以及中美政治及經濟關係發展這個 重要因素。在此不景氣的背景下，我們恐怕最壞情況尚 未出現，而由於我們核心 GETS 及其他 GETS 相關業務與香 港外貿及全球經濟息息相關，因此業務特別受有關情況 所影響。有關業務的任何影響會直接影響我們的盈虧。 然而，我們聚焦於我們所能控制的因素，我們稍為感到 正面的是 GETS 的競爭環境穩定，有助我們維持於市場上 的主導地位，以及我們實施的成本控制措施整體恆之有 效。我們合理地相信， GETS 業務可持續為本公司的溢利 作出貢獻。至於供應鏈應用方案及身份管理業務，我們 對有關業務於今年餘下時間的前景保持審慎樂觀。憑藉 我們的團隊建立的強大銷售渠道，以及對我們解決方案 的持續需求，我們面對的主要挑戰為客戶會否因營運環 境不佳而延遲確認訂單。不過，我們相信客戶向我們下 訂單，只是時間問題。目前，我們手頭上有多項熱門的 項目，可望於今年下半年獲客戶確認。最後，我們對其 他服務業務今年餘下時間的前景感到悲觀。至於智能銷 售點業務，我們預計會持續疲弱，我們將致力透過獲得 更多銀行客戶及商戶，以及豐富服務產品來擴展業務機 會。 GETS 業務與香港外貿直接關聯，因此我們多年前已成功實 施業務多元化策略，旨在減低過份依賴 GETS 的業務風險。 儘管二零二零年下半年前景不明朗，不過，上述原因令本 人相信我們有能力為本集團繼續獲取合理收益。為提升股 東價值，本人建議在切實可行情況下，盡可能分派我們的 溢利，故就二零二零年上半年分派中期股息每股 1.95 港 仙。此代表經扣除 DTTNCo 遞延稅項支出港幣 400,000 元後， 分派港幣 20,200,000 元，佔期內溢利的約 75.3% ，並較去年 的中期股息減少 40.9% 。 主席 李乃熺博士， S.B.S., J.P. 香港，二零二零年八月二十五日