Annual Report 2020

MANAGEMENT DISCUSSION AND ANALYSIS 管理層論述及分析 29 2020 ANNUAL REPORT 年報 毛利 於本年度此分部之毛利比去年的上升 4.4% 至港幣 392,932,000 元（二零一九年：港幣 376,502,000 元）。毛利率由去年報 17.6% 改善 至本年度的 19.3% 。該改進主要是因為我們實 施嚴格而有效的成本控制措施，所以我們的生 產成本相應地降低。 已終止經營之銅及黃銅材料業務 整體表現 於二零一九年九月，考慮到集中本集團更多 管理關注及釋放內部資源以優先考慮具盈利 的鋼簾線業務，本集團停止經營銅及黃銅材料 分部的全部業務。該業務於二零二零年沒有營 業額產生（二零一九年：無）及錄得虧損港幣 711,000 元（二零一九年：港幣 3,400,000 元）， 主要是由於關閉相關業務所需的行政費用。 財務回顧 營業額 於本年度，本集團來自持續經營業務之營業額 報港幣 2,041,553,000 元（二零一九年：港幣 2,141,380,000 元），比去年同期下降 4.7% 。於 本年度本集團來自持續經營業務之營業額明細 如下： Gross profit Gross profit of this segment increased by 4.4% over last year’s to HK$392,932,000 (2019: HK$376,502,000) for the year. Gross profit margin improved from 17.6% last year’s to 19.3% for the year. This improvement was mainly because we implemented strict and effective cost control, hence our production costs reduced accordingly. Discontinued operation of copper and brass products business Overall performance In view of generating greater managerial focus and releasing internal resources for the Group to prioritise the profitable steel cord business, the Group ceased all the operations of the copper and brass products segment in September 2019. This business in 2020 contributed no revenue (2019: Nil) and recorded the loss of HK$711,000 (2019: HK$3,400,000), mainly due to administrative expenses required for closing the related business. FINANCIAL REVIEW Revenue Revenue for the continuing operations of the Group amounted to HK$2,041,553,000 (2019: HK$2,141,380,000) for the year, decreased by 4.7% over last year. The breakdown of revenue for the continuing operations of the Group for the year is as follows: Year ended 31 December 截至十二月三十一日止年度 2020 2019 二零二零年 二零一九年 HK$’000 % of total revenue HK$’000 % of total revenue % change 港幣千元 佔總營業額 百分比 (%) 港幣千元 佔總營業額 百分比 (%) 變動 (%) Steel cord 鋼簾線 2,040,059 99.9 2,139,930 99.9 –4.7 Property rental 物業租賃 1,494 0.1 1,450 0.1 3.0 Total 總計 2,041,553 100.0 2,141,380 100.0 –4.7