Analogue

Issue 39, March 2022

Analogue Achieves Outstanding Listed Companies Award from IFAPC for Two Consecutive Years

安樂工程集團連續兩年榮獲香港股票分析師協會頒發《上市公司年度大奬》

Analogue Holdings Limited (Stock Code: 1977) has once again achieved the Outstanding Listed Companies Award in 2021, organised by the Hong Kong Institute of Financial Analysts and Professional Commentators Limited (IFAPC). This is the second year in a row we have won the accolade, a testimony to the Group’s sustained excellence in enhancing corporate governance, transparency and investor relations.

Dr Otto Poon, Chairman of Analogue Holdings Limited, said, “We are honoured by the award which recognises our achievements in investor relations, transparency and governance. The Group’s satisfactory results in 2021, despite a challenging operating environment under COVID-19, prove that our ‘New Technology’, ‘New Market’ and ‘New Business Model’ strategies are on the right track.”

The annual event aims to promote the transparency of listed enterprises and their proactive communication with institutional and retail investors. The winning companies are selected by a professional judging panel composed of financial analysts and professional stock commentators, hence the awards are held in high esteem by the industry. The panel assesses companies’ performance against multiple criteria including transparency of company accounts, whether the rights of major and small investors are protected, company stability, and business and operating performance.

Analogue’s prospects in 2022 are positive. As a pioneer in applying new technologies such as Modular Integrated Construction (MiC), Building Information Modelling (BIM), Multi-Trade integrated Mechanical, Electrical and Plumbing (MiMEP) and Internet-of-Things (IoT), we have the competitive edge to capture opportunities in smart buildings and smart city development, including those in the Northern Metropolis plan and the Guangdong-Hong Kong-Macao Greater Bay Area (GBA). Our strengths and rich experience in Environmental Engineering such as wastewater treatment plants and waste-to-energy facilities also put us in an excellent position to take on sustainability and carbon reduction work including energy efficiency and renewable energy projects, as Hong Kong strives to achieve carbon neutrality by 2050.

Analogue’s lifts and escalators business is also achieving stable development in new markets, such as our New York-based associated partner Transel Elevator & Electric Inc. (TEI) and a new Anlev office in the UK, both of which have been contributing steady revenue from projects and maintenance services to the Group. Meanwhile, we have set up a dedicated training centre which aims to train over 100 engineers and technicians every year in various electrical and mechanical (E&M) engineering disciplines including healthcare engineering, after having trained over 1,000 engineering personnel in the past decades.

Dr Poon added, “With innovative technologies and an eye on new markets and new business models, we shall continue to sharpen our competitive edge and expedite the Group’s business growth.”

Dr Poon has been invited to share the Group’s business highlights, commitment to integrating ESG initiatives into businesses, future opportunities in Hong Kong and GBA, and the Group’s expansion plan with Metro Finance business programme “企業藍圖”. Check out the full audio: https://bit.ly/365eGtD

Analogue once again achieves the “Outstanding Listed Companies Award 2021” organised by the IFAPC. Group Chairman Dr Otto Poon receives the award on behalf of the Group