Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.
DOYEN INTERNATIONAL HOLDINGS LIMITED
東 銀 國 際 控 股 有 限 公 司
(incorporated in Hong Kong with limited liability)
(Stock Code: 668)
INTERIM RESULTS ANNOUNCEMENT
FOR THE SIX MONTHS ENDED 30 JUNE 2019
The board (the "Board") of directors (the "Directors") of Doyen International Holdings Limited (the "Company") hereby announces the unaudited consolidated results of the Company and its subsidiaries (collectively the "Group") for the six months ended 30 June 2019 as follows:
CONDENSED CONSOLIDATED STATEMENT OF PROFIT OR LOSS
For the six months ended 30 June 2019
Six months ended 30 June | |||||
2019 | 2018 | ||||
Note | HK$'000 | HK$'000 | |||
(unaudited) | (unaudited) | ||||
Revenue | 4 | 16,517 | 16,753 | ||
Staff costs | (5,602) | (6,865) | |||
Operating lease rentals | (1,902) | (1,442) | |||
Other tax expenses | (1,082) | (1,046) | |||
Depreciation | (13) | (240) | |||
Other operating expenses | (4,210) | (4,817) | |||
Other gains and losses | 5 | 2,223 | (7,648) | ||
Other income | 262 | - | |||
Profit/(Loss) from operations | 6,193 | (5,305) | |||
Finance income | 6 | 38,211 | 39,524 | ||
Finance costs | 6 | (10,405) | (11,237) | ||
Finance income - net | 27,806 | 28,287 | |||
1
CONDENSED CONSOLIDATED STATEMENT OF PROFIT OR LOSS (continued)
For the six months ended 30 June 2019
Six months ended 30 June | |||||
2019 | 2018 | ||||
Note | HK$'000 | HK$'000 | |||
(unaudited) | (unaudited) | ||||
Profit before tax | 33,999 | 22,982 | |||
Income tax expense | 7 | (3,917) | (2,984) | ||
Profit for the period | 30,082 | 19,998 | |||
Attributable to: | |||||
Owners of the Company | 23,739 | 13,151 | |||
Non-controlling interests | 6,343 | 6,847 | |||
30,082 | 19,998 | ||||
Earnings per share | 9 | ||||
HK cents | HK cents | ||||
Basic | 1.86 | 1.03 | |||
Diluted | N/A | N/A | |||
2
CONDENSED CONSOLIDATED STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME
For the six months ended 30 June 2019
Six months ended 30 June | ||||
2019 | 2018 | |||
Note | HK$'000 | HK$'000 | ||
(unaudited) | (unaudited) | |||
Profit for the period | 30,082 | 19,998 | ||
Other comprehensive income, net of tax: | ||||
Item that will be reclassified to profit or loss: | ||||
Exchange differences on translating foreign operations | (1,794) | (16,330) | ||
Total comprehensive income for the period | 28,288 | 3,668 | ||
Attributable to: | ||||
Owners of the Company | 21,524 | 7,018 | ||
Non-controlling interests | 6,764 | (3,350) | ||
28,288 | 3,668 | |||
3
CONDENSED CONSOLIDATED STATEMENT OF FINANCIAL POSITION
At 30 June 2019
30 June | 31 December | |||
2019 | 2018 | |||
Note | HK$'000 | HK$'000 | ||
(unaudited) | (audited) | |||
Non-current assets | ||||
Property, plant and equipment | 133 | 146 | ||
Right-of-use assets | 4,129 | - | ||
Investment property | 318,876 | 318,868 | ||
Intangible assets | 7,096 | 7,096 | ||
Loan receivables | 10 | 50,502 | 63,761 | |
Deferred tax assets | 7,653 | 8,146 | ||
388,389 | 398,017 | |||
Current assets | ||||
Loan receivables | 10 | 111,151 | 97,535 | |
Prepayments, deposits and other receivables | 3,842 | 3,572 | ||
Financial assets at fair value through profit or loss | 10,633 | 8,404 | ||
Amounts due from a related company | 603,658 | 565,674 | ||
Pledged bank deposits | 1,138 | 1,138 | ||
Bank and cash balances | 106,523 | 133,222 | ||
836,945 | 809,545 | |||
Current liabilities | ||||
Accruals and other payables | 15,092 | 17,437 | ||
Lease liabilities | 1,545 | - | ||
Borrowings | 237,409 | 234,396 | ||
Current tax liabilities | 5,481 | 14,859 | ||
259,527 | 266,692 | |||
Net current assets | 577,418 | 542,853 | ||
Total assets less current liabilities | 965,807 | 940,870 | ||
4
CONDENSED CONSOLIDATED STATEMENT OF FINANCIAL POSITION (continued)
At 30 June 2019
30 June | 31 December | |||
2019 | 2018 | |||
Note | HK$'000 | HK$'000 | ||
(unaudited) | (audited) | |||
Non-current liabilities | ||||
Borrowings | 39,830 | 45,520 | ||
Lease liabilities | 2,584 | - | ||
Deferred tax liabilities | 6,784 | 7,029 | ||
49,198 | 52,549 | |||
NET ASSETS | 916,609 | 888,321 | ||
Capital and reserves | ||||
Share capital | 1,174,378 | 1,174,378 | ||
Deficit | (458,740) | (480,264) | ||
Equity attributable to owners of the Company | 715,638 | 694,114 | ||
Non-controlling interests | 200,971 | 194,207 | ||
Total equity | 916,609 | 888,321 | ||
5
This is an excerpt of the original content. To continue reading it, access the original document here.
Attachments
- Original document
- Permalink
Disclaimer
Doyen International Holdings Limited published this content on 08 August 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 August 2019 14:29:05 UTC