Shanghai Qingpu Fire Fighting Equipment : 2019/08/12 - INTERIM REPORT 2019

(a joint stock limited company incorporated in the People's Republic of China)

(Stock Code: 8115)

INTERIM REPORT 2019

* For identication purpose only

CHARACTERISTICS OF GEM OF THE STOCK EXCHANGE OF HONG KONG LIMITED

GEM has been positioned as a market designed to accommodate small and mid-sized companies to which a higher investment risk may be attached than other companies listed on the Stock Exchange. Prospective investors should be aware of the potential risks of investing in such companies and should make the decision to invest only after due and careful consideration.

Given that the companies listed on GEM are generally small and mid-sized companies, there is a risk that securities traded on GEM may be more susceptible to high market volatility than securities traded on the Main Board of the Stock Exchange and no assurance is given that there will be a liquid market in the securities traded on GEM.

This report, for which the directors (the "Directors") of Shanghai Qingpu Fire-Fighting Equipment Co. Ltd (the "Company", together with its subsidiaries, the "Group") collectively and individually accept full responsibility, includes particulars given in compliance with the Rules Governing the Listing of Securities on GEM of the Stock Exchange (the "GEM Listing Rules") for the purpose of giving information with regard to the Company. The Directors, having made all reasonable enquiries, confirm that to the best of their knowledge and belief the information contained in this report is accurate and complete in all material respects and not misleading or deceptive, and there are no other matters the omission of which would make any statement herein or this report misleading.

CORPORATE INFORMATION

BOARD OF DIRECTORS	H SHARE SHARE REGISTRAR AND
	TRANSFER OFFICE
Executive Directors
	Computershare Hong Kong Investor
Mr. Zhou Jin Hui	Services Limited
Mr. Shi Hui Xing	46th Floor, Hopewell Centre
Mr. Zhou Guo Ping	183 Queen's Road East
	Wanchai, Hong Kong
Independent Non-Executive Directors
	REGISTERED OFFICE
Mr. Song Zi Zhang
Mr. Wang Guo Zhong	1988 Jihe Road
Mr. Yang Chun Bao	Hua Xin Town
	Qingpu District, Shanghai
AUDIT COMMITTEE	People's Republic of China
Mr. Yang Chun Bao	PRINCIPAL PLACE OF BUSINESS IN
Mr. Song Zi Zhang	HONG KONG
Mr. Wang Guo Zhong
	Unit 2605, Island Place Tower
AUTHORISED REPRESENTATIVE	510 King's Road
	North Point Hong Kong
Mr. Chan Chi Wai Benny
Mr. Shi Hui Xing
COMPANY SECRETARY
Mr. Chan Chi Wai Benny
AUDITORS
Ascenda Cachet CPA Limited
PRINCIPAL BANKERS
China Construction Bank Huaxin Sub-branch
Shanghai Rural Commercial Bank Co., Ltd
Chonggu branch

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INTERIM RESULTS (UNAUDITED)

The Board of Directors (the "Board") of Shanghai Qingpu Fire-Fighting Equipment Co., Ltd. (the "Company", together with its subsidiaries, collectively the "Group") is pleased to announce the unaudited consolidated results of the Group for the six months ended 30 June 2019. For the six months ended 30 June 2019, the unaudited revenue is approximately RMB37,390,000, representing an increase of approximately RMB6,382,000 or approximately 21% as compared with that of the same period in 2018. Loss attributable to owners of the Company was approximately RMB1,055,000 for the six months ended 30 June 2019 while the loss attributable to owners of the Company was approximately RMB2,079,000 for the corresponding period in 2018.

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The unaudited condensed consolidated financial statements of the Group for the three months and six months ended 30 June 2019 together with the unaudited comparative figures for the corresponding periods in 2018 are as follows:

UNAUDITED CONDENSED CONSOLIDATED STATEMENT OF PROFIT OR LOSS AND COMPREHENSIVE INCOME

		Unaudited	Unaudited
		Three months ended	Six months ended
		30 June	30 June
		2019		2018		2019		2018
	Notes	RMB'000	RMB'000	RMB'000	RMB'000
Revenue	4	18,799		15,142		37,390		31,008
Cost of sales		(14,228)	(10,887)	(29,702)	(23,605)
Gross profit		4,571		4,255		7,688		7,403
Other income and gains	4	160		80		499		480
Selling and distribution
expenses		(672)	(712)	(1,387)	(1,311)
Administrative expenses		(2,979)	(3,518)	(6,739)	(7,803)
Finance cost		(43)	-	(77)	(5)
Profit/(loss) before tax	5	1,037		105	(16)	(1,236)
Income tax expense	6	(181)	(526)	(227)	(617)
Profit/(loss) for the period and
total comprehensive
profit/(loss) for the period		856		(421)	(243)	(1,853)
Attributable to:
Owners of the Company		175		(717)	(1,055)	(2,079)
Non-controlling interests		681		296		812		226
		856		(421)	(243)	(1,853)
Earnings/(loss) per share
attributable to ordinary
equity holders of the Company	8
- Basic (RMB cent(s))		0.09		(0.38)	(0.56)	(1.11)
- Diluted (RMB cent(s))		0.09		(0.38)	(0.56)	(1.11)

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