Annual Report 2019

28 SHOUGANG CONCORD CENTURY HOLDINGS LIMITED 首長寶佳集團有限公司 MANAGEMENT DISCUSSION AND ANALYSIS 管理層論述及分析 毛利 本集團來自持續經營業務之毛利比去年上升 41.5% 至港幣 377,944,000 元（二零一八年： 港幣 267,104,000 元），主要是由於鋼簾線分 部的毛利上升所致。於本年度本集團來自持 續經營業務之毛利率亦比去年同期大幅上升 5.0 個百分點至 17.6% 。於本年度本集團來自 持續經營業務之毛利明細如下： 分銷及銷售費用 於本年度本集團來自持續經營業務之分銷及 銷售費用報港幣 90,033,000 元（二零一八年： 港幣 67,786,000 元），比去年增加 32.8% ，主 要是由於鋼簾線分部的銷售上升，特別是在出 口市場，當中美國在二零一九年向我們的產品 徵收 25% 的關稅。 Gross profit Gross profit for the continuing operations of the Group increased by 41.5% over last year’s to HK$377,944,000 (2018: HK$267,104,000), which was mainly due to the increase of gross profit of Steel cord segment. Gross profit margin for the continuing operations of the Group also increased significantly by 5.0 percentage points to 17.6% for the year as compared to that of last year. The breakdown of gross profit for the continuing operations of the Group for the year is as follows: Year ended 31 December 截至十二月三十一日止年度 2019 2018 二零一九年 二零一八年 HK$’000 Gross profit margin (%) HK$’000 Gross profit margin (%) % change 港幣千元 毛利率 (%) 港幣千元 毛利率 (%) 變動 (%) Steel cord 鋼簾線 376,502 17.6 265,397 12.5 +41.9 Property rental 物業租賃 1,442 99.4 1,707 94.6 –15.5 Total 總計 377,944 17.6 267,104 12.6 +41.5 Distribution and selling expenses Distribution and selling expenses for the continuing o p e r a t i o n s amo u n t e d t o HK $ 9 0 , 0 3 3 , 0 0 0 ( 2 0 1 8 : HK$67,786,000) for the year, increased by 32.8% over last year’s, mainly due to the increase in sales of Steel cords particularly in the export markets, in which the United States imposed a 25% tariff on our products in 2019.