Annual Report 2021

101 2021 Annual Report Transport International Holdings Limited Sun Bus Holdings Limited and its Subsidiaries (the “SBH Group”) The SBH Group is one of the leading non-franchised bus operators in Hong Kong, providing customised, premium, safe, reliable, and value-for-money transport services to a wide range of customers, including large residential estates, shopping malls, major employers, travel agents and schools, as well as the general public through chartered hire services. The revenue of the SBH Group for 2021 was at par with 2020. Total operating expenses for 2021 decreased compared with 2020 as management continued to implement various cost control measures to streamline its business. In 2021, SBH Group continued to modernise its bus fleet with the latest Euro VI buses. As at 31 December 2021, the SBH Group had a fleet of 397 buses (2020: 390 buses). New Hong Kong Bus Company Limited (“NHKB”) NHKB jointly operates with its Shenzhen counterpart a direct, economical, 24-hour cross-boundary shuttle bus service (commonly known as the “Huang Bus” service) serving regular commuters and leisure travellers between Lok Ma Chau in Hong Kong and Huanggang ( 皇崗 ) in Shenzhen. The revenue of NHKB for 2021 decreased by 65.5% compared with 2020. The decrease was primarily attributable to the suspension of Huang Bus service with effect from 4 February 2020 as the immigration clearance service for passengers at Lok Ma Chau Control Point was suspended by the Government as part of its anti-epidemic measures. As at 31 December 2021, NHKB had a fleet of 15 buses (2020: 15 buses). Average Number of Passenger Trips per Day (Franchised public bus operations) Number of Licensed Buses at 31 December Bus Kilometres Operated (Franchised public bus operations) Number of Staff at 31 December KMB LWB KMB LWB Non-franchised bus services KMB LWB Non-franchised bus services KMB LWB 1,000 2,000 3,000 4,000 2017 2018 2019 2020 2021 0 1,000 2,000 3,000 5,000 4,000 2017 2018 2019 2020 2021 0 100 200 300 400 2017 2018 2019 2020 2021 0 3,000 6,000 9,000 15,000 2017 2018 2019 2020 2021 0 12,000 Thousand of passenger trips per day Number of buses Million kilometres Number of staff