Annual Report 2021

23 年報 2021 ANNUAL REPORT 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 5.1% 至港幣 414,547,000 元（二零二零年：港 幣 394,322,000 元），主要是由於鋼簾線分部的 毛利上升所致。然而，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下跌 3.9 個 百分點至 15.4% 。於本年度本集團來自持續經 營業務之毛利明細如下： 銷售及分銷費用 於本年度本集團來自持續經營業務之銷售及分 銷費用報港幣 131,628,000 元（二零二零年： 港幣 84,149,000 元），比去年增加 56.4% ，主 要是由於鋼簾線分部的出口銷售上升。 行政費用 於本年度本集團來自持續經營業務之行政費 用報港幣 57,423,000 元（二零二零年：港幣 55,956,000 元），比去年上升 2.6% ；同時間， 本集團的收入比去年增加了 32.0% 。 Gross profit Gross profit for the continuing operations of the Group increased by 5.1% over last year to HK$414,547,000 (2020: HK$394,322,000), which was mainly due to the increase of gross profit of steel cord segment. However, the gross profit margin for the continuing operations of the Group decreased by 3.9 percentage points to 15.4% for the year as compared to that of last year. The breakdown of gross profit for the continuing operations of the Group for the year is as follows: Year ended 31 December 截至十二月三十一日止年度 2021 2020 二零二一年 二零二零年 HK$’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 cords 鋼簾線 413,360 15.3 392,932 19.3 +5.2 Property rental 物業租賃 1,187 89.2 1,390 93.0 –14.6 Total 總計 414,547 15.4 394,322 19.3 +5.1 Selling and distribution expenses Selling and distribution expenses for the continuing operations amounted to HK$131,628,000 (2020: HK$84,149,000) for the year, increased by 56.4% over last year, mainly due to the increase in export sales of steel cord segment. Administrative expenses Administrative expenses for the continuing operations amounted to HK$57,423,000 (2020: HK$55,956,000) for the year, increased by 2.6% as compared to last year while the revenue of the Group increased by 32.0% as compared to last year.