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HK Bourse: Announcement From Xingye Copper International Group Ltd.

28 Aug 2017 2:13 am
 
    Following is the related link: 
http://www.hkexnews.hk/listedco/listconews/sehk/2017/0825/LTN20170825999.pdf 
 
 
 
                    INTERIM RESULTS FOR THE SIX MONTHS 
                             ENDED 30 JUNE 2017 
The board (the "Board") of directors (the "Directors") of Huan Yue Interactive 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 30 June 2017: 
CONSOLIDATED STATEMENT OF PROFIT OR LOSS 
For the six months ended 30 June 2017 
                                                                             Six months ended 30 June 
                                                                                    2017          2016 
                                                             Note 
                                                                               RMB'000       RMB'000 
                                                                            (unaudited)    (unaudited) 
Revenue                                                                        2,001,740 
                                                              4                              1,492,812 
                                                                              (1,769,310) 
Cost of sales                                                                               (1,279,010) 
Gross profit                                                                    232,430        213,802 
                                                                                 10,100 
Other income                                                                                    14,119 
                                                                                (25,071) 
Distribution expenses                                                                          (16,787) 
                                                                               (115,253) 
Administrative expenses                                                                       (104,283) 
                                                                                   (406) 
Other expenses                                                                                 (16,170) 
Profit from operations                                                          101,800         90,681 
                                                                                  18,817 
Finance income                                                                                   1,718 
                                                                                 (24,723) 
Finance costs                                                                                  (23,399) 
Net finance costs                                                                 (5,906) 
                                                             5(a)                              (21,681) 
Profit before taxation                                                            95,894        69,000 
                                                                                 (20,321) 
Income tax                                                    6                                (11,558) 
Profit for the period                                                            75,573         57,442 
Attributable to: 
                                                                                 74,470 
  Equity shareholders of the Company                                                            55,339 
                                                                                  1,103 
  Non-controlling interests                                                                      2,103 
Profit for the period                                                            75,573         57,442 
Earnings per share 
                                                                                      9.02 
  - Basic (RMB cents)                                        7(a)                                 6.82 
                                                                                      9.01 
  - Diluted (RMB cents)                                      7(b)                                 6.82 
                                                   -1- 
CONSOLIDATED STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE 
INCOME 
For the six months ended 30 June 2017 
 
                                                                  Six months ended 30 June 
                                                                       2017           2016 
                                                          Note 
                                                                   RMB'000        RMB'000 
                                                                 (unaudited)    (unaudited) 
 
Profit for the period                                                75,573         57,442 
 
 
Other comprehensive income for the period 
  (after tax and reclassification adjustments): 
 
Item that may be reclassified subsequently to profit or 
   loss: 
   Exchange differences on translation of financial 
                                                                       1,039 
      statements of foreign operations                                                 166 
 
Total comprehensive income for the period                            76,612         57,608 
 
 
Attributable to: 
                                                                     75,509 
  Equity shareholders of the Company                                                55,505 
                                                                      1,103 
  Non-controlling interests                                                          2,103 
 
Total comprehensive income for the period                            76,612         57,608 
 
 
 
 
                                                  -2- 
CONSOLIDATED STATEMENT OF FINANCIAL POSITION 
As at 30 June 2017 
 
                                                                        At               At 
                                                                  30 June     31 December 
                                                                     2017             2016 
                                                        Note 
                                                                 RMB'000         RMB'000 
                                                               (unaudited)        (audited) 
 
Non-current assets 
                                                                 1,064,483 
Property, plant and equipment                                                    1,098,740 
                                                                    13,661 
Lease prepayments                                                                   13,840 
                                                                     7,032 
Intangible assets                                                                    8,760 
                                                                   138,153 
Goodwill                                                                           138,153 
                                                                    22,582 
Deferred tax assets                                                                 25,851 
Deposits for acquisition of property, plant and 
                                                                     6,392 
   equipment                                                                         3,647 
 
                                                                 1,252,303       1,288,991 
 
Current assets 
                                                                  602,259 
Inventories                                              8                         584,416 
                                                                  416,238 
Trade and other receivables                              9                         461,103 
                                                                    3,281 
Derivative financial instruments                                                     4,304 
                                                                  109,771 
Pledged deposits                                                                    49,570 
                                                                  213,406 
Cash and cash equivalents                                                          168,942 
 
                                                                 1,344,955       1,268,335 
 
Current liabilities 
                                                                  637,411 
Trade and other payables                                10                         829,592 
                                                                  761,382 
Interest-bearing borrowings                             11                         622,271 
                                                                    7,494 
Derivative financial instruments                                                     4,949 
                                                                   15,309 
Income tax payables                                                                 23,841 
 
                                                                 1,421,596       1,480,653 
 
Net current liabilities                                            (76,641)       (212,318) 
 
Total assets less current liabilities                            1,175,662       1,076,673 
 
 
 
 
                                                  -3- 
                                                                    At              At 
 
 
 
 

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August 27, 2017 22:13 ET (02:13 GMT)
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