Annual Report 2021

19 年報 2021 ANNUAL REPORT MANAGEMENT DISCUSSION AND ANALYSIS 管理層論述及分析 儘管二零二一年營商環境嚴峻，本集團仍然 從經營活動產生正現金流入並維持穩健財務 狀況。董事會建議派發截至二零二一年十二月 三十一日止財政年度末期股息每股港幣 1.5 仙 （惟需於即將舉行的股東周年大會上經股東批 准）。在二零二二年二月，董事會宣佈本公司由 二零二一年至二零二三年財政年度之股息宣派 計劃，藉此讓股東分享本集團的溢利，從而獲 得股東的持續支持及信心，並體現本集團服務 股東之價值。 持續經營業務之鋼簾線分部 營業額 於本年度回顧，全球市場充滿挑戰和不確定 性。二零二一年上半年，隨著國內疫情大致受 控，各行各業逐步回復正常發展。二零二一年 第二季度，中國 GDP 同比增長約 7.9% ，實現 平穩發展。然而，二零二一年下半年新冠肺炎 的變種病毒導致全球供應鏈中斷，物流和投入 成本上升。此外，中美貿易關係持續緊張，給 全球經濟政治環境帶來很多不確定性。因此， 中國於二零二一年的 GDP 年增長率為 8.1% ， 而第四季度 GDP 增長達到 4.0% 。 Despite the severe operating environment in 2021, the Group still generated positive cash inflow from operations and maintained a sustained healthy financial position. The Board has proposed a final dividend of HK1.5 cents per Share in respect of the financial year ended 31 December 2021 (subject to Shareholders’ approval at the forthcoming annual general meeting). In February 2022, the Board announced the Company’s dividend distribution plan for the financial years from 2021 to 2023 which allows the Shareholders to participate in the Group’s profits, thereby obtaining the continued support and confidence of the Shareholders and recognising the value of the Group serving the Shareholders. Continuing operations of steel cord segment Revenue During the year under review, there were full of challenges and uncertainties for the global market. In the first half of 2021, with epidemic generally being controlled in China, industries were gradually recovering. The PRC’s GDP in the second quarter of 2021 has increased by approximately 7.9% as compared with the corresponding period last year, achieving a stable development. However, the variant virus of COVID-19 in the second half of 2021 caused global supply chain disruptions, and elevated logistics and input costs. In addition, the continuous tension of Sino-US trade relations brought many uncertainties to the global economic and political environment. Therefore, China’s annual growth rate of GDP in 2021 was 8.1% with GDP growth reaching 4.0% in the fourth quarter.