Login ID:
Password:
Partner Login
Contact Us : 7066511911

HK Bourse: Announcement From Golik Holdings Ltd.

28 Aug 2017 12:32 am
 
    Following is the related link: 
http://www.hkexnews.hk/listedco/listconews/sehk/2017/0825/LTN201708251229.pdf 
 
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. 
 
 
 
 
                               INTERIM RESULTS 
                   FOR THE SIX MONTHS ENDED 30TH JUNE, 2017 
The Board of Directors (the "Board") of Golik Holdings Limited (the "Company") is pleased to announce 
the unaudited consolidated results of the Company and its subsidiaries (the "Group") for the six months 
ended 30th June, 2017 together with the comparative unaudited figures for the corresponding period in 
2016 as follows: 
CONDENSED CONSOLIDATED STATEMENT OF PROFIT OR LOSS AND OTHER 
COMPREHENSIVE INCOME 
                                                                      Six months ended 30th June, 
                                                                              2017            2016 
                                                          Notes 
                                                                          HK$'000         HK$'000 
                                                                       (unaudited)      (unaudited) 
 
                                                                           1,199,166 
Revenue                                                     3                                  981,737 
                                                                          (1,034,850) 
Cost of sales                                                                                 (790,172) 
 
                                                                            164,316 
Gross profit                                                                                  191,565 
                                                                              7,297 
Other income                                                                                   11,449 
                                                                              1,278 
Interest income                                                                                 1,700 
                                                                            (51,147) 
Selling and distribution costs                                                                (43,577) 
                                                                            (98,640) 
Administrative expenses                                                                       (88,863) 
                                                                             14,227 
Other gains and losses                                      4                                  (4,063) 
                                                                             (7,510) 
Finance costs                                               5                                  (5,760) 
                                                                                344 
Share of result of a joint venture                                                                154 
                                                                             (3,366) 
Share of result of an associate                                                                (2,050) 
 
                                                                              26,799 
Profit before taxation                                                                          60,555 
                                                                              (8,394) 
Income tax expenses                                         6                                  (12,596) 
 
Profit for the period                                                         18,405 
                                                            7                                   47,959 
 
Other comprehensive income (expense): 
Items that may be subsequently reclassified to 
   profit or loss: 
   - Exchange difference arising on translation 
                                                                              11,611 
        of foreign operations                                                                   (7,709) 
                                                                                (999) 
   - Fair value loss on available-for-sale investment                                             (425) 
 
                                                                              10,612 
Other comprehensive income (expense) for the period                                             (8,134) 
 
Total comprehensive income for the period                                     29,017            39,825 
 
 
                                                  -1- 
 
                                                                    Six months ended 30th June, 
                                                                            2017            2016 
                                                             Note 
                                                                        HK$'000         HK$'000 
                                                                     (unaudited)      (unaudited) 
 
Profit for the period attributable to: 
                                                                          12,850 
  Shareholders of the Company                                                             42,069 
                                                                           5,555 
  Non-controlling interests                                                                5,890 
 
                                                                          18,405          47,959 
 
 
Total comprehensive income for the period attributable to: 
                                                                          21,460 
  Shareholders of the Company                                                             35,459 
                                                                           7,557 
  Non-controlling interests                                                                4,366 
 
                                                                          29,017          39,825 
 
 
Earnings per share                                            9 
                                                                    HK2.29 cents 
  Basic and diluted                                                                  HK7.49 cents 
 
 
 
 
                                                    -2- 
CONDENSED CONSOLIDATED STATEMENT OF FINANCIAL POSITION 
 
                                                                   As at             As at 
                                                              30th June,   31st December, 
                                                                    2017             2016 
                                                     Notes 
                                                                HK$'000          HK$'000 
                                                             (unaudited)         (audited) 
 
Non-current Assets 
                                                                  3,910 
  Investment properties                                                             3,910 
                                                                472,923 
  Property, plant and equipment                                                   426,770 
                                                                 13,431 
  Prepaid lease payments                                                           13,302 
                                                                  4,382 
  Interest in a joint venture                                                       4,038 
                                                                  5,068 
  Amount due from a joint venture                                                   5,068 
                                                                      - 
  Interest in an associate                                                              - 
                                                                 11,486 
  Amount due from an associate                                                      9,602 
                                                                  2,385 
  Available-for-sale investment                                                     3,384 
                                                                 11,683 
  Deposits placed at insurance companies                                           11,213 
                                                                  6,238 
  Rental and other deposits                                                         2,912 
  Deposits paid for acquisition of property, 
                                                                   2,805 
    plant and equipment                                                            11,230 
 
                                                                534,311           491,429 
 
Current Assets 
                                                                461,626 
 Inventories                                                                      230,866 
                                                                696,886 
 Trade and other receivables                          10                          612,386 
                                                                    454 
 Prepaid lease payments                                                               444 
 
 
 
 

(MORE TO FOLLOW) Dow Jones Newswires

August 27, 2017 20:32 ET (00:32 GMT)
Disclaimer
Top 5 Special Reports
USD/INR (Jan 21) Weak Price Trend / Next Target at 7...
USD/INR (Jan 21) Weak Price Trend / Next Target at 7...
Cotton Yarn Prices Set to Move Higher amid Expanding Sp...
Weekly: Urad-Chana Post Strong Gains, While Masoor-Whi...
USD/INR (Jan 21) Weak Price Trend / Next Target at 7...