CONTENTS
Page
- CORPORATE INFORMATION
-
INTERIM CONDENSED CONSOLIDATED STATEMENT OF
PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME
5 INTERIM CONDENSED CONSOLIDATED STATEMENT OF FINANCIAL POSITION
7 INTERIM CONDENSED CONSOLIDATED STATEMENT OF CHANGES IN EQUITY
9 INTERIM CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS
10 NOTES TO THE UNAUDITED INTERIM CONDENSED CONSOLIDATED FINANCIAL INFORMATION
- MANAGEMENT DISCUSSION AND ANALYSIS
- OTHER INFORMATION
1 | C&D International Investment Group Limited INTERIM REPORT 2021 |
CORPORATE
INFORMATION
BOARD OF DIRECTORS
Executive Directors
Mr. ZHUANG Yuekai (Chairman)
Ms. ZHAO Chengmin
Mr. LIN Weiguo (Chief Executive Officer)
Non-executive Directors
Mr. HUANG Wenzhou
Ms. YE Yanliu
Mr. WANG Wenhuai
Independent Non-executive Directors
Mr. WONG Chi Wai
Mr. WONG Tat Yan, Paul
Mr. CHAN Chun Yee
COMPANY SECRETARY
Miss LEUNG Ching Ching
AUDIT COMMITTEE
Mr. WONG Chi Wai (Committee Chairman)
Mr. WONG Tat Yan, Paul
Mr. CHAN Chun Yee
REMUNERATION COMMITTEE
Mr. WONG Tat Yan, Paul (Committee Chairman)
Mr. WONG Chi Wai
Mr. CHAN Chun Yee
Mr. ZHUANG Yuekai (Note)
NOMINATION COMMITTEE
Mr. ZHUANG Yuekai (Committee Chairman)
Mr. CHAN Chun Yee
Mr. WONG Chi Wai
Mr. WONG Tat Yan, Paul
INDEPENDENT AUDITOR
Grant Thornton Hong Kong Limited
PRINCIPAL BANKERS
(in alphabetical order) Agricultural Bank of China Limited Bank of Beijing Co., Ltd.
Bank of China (Hong Kong) Limited Bank of China Limited
Bank of Communications Co., Ltd. Bank Of Hangzhou Co., Ltd.
Bank Of Jiangshu Co., Ltd.
China Construction Bank Corporation China Everbright Bank Company Limited China Merchants Bank Co., Ltd.
China Minsheng Banking Corp., Ltd.
Industrial and Commercial Bank of China Limited Industrial Bank Co., Ltd
Ping An Bank Co., Ltd. Postal Savings Bank of China Shanghai Pudong Development Bank
REGISTERED OFFICE
Second Floor, Century Yard
Cricket Square, P.O. Box 902
Grand Cayman, KY1-1103
Cayman Islands
HEAD OFFICE AND PRINCIPAL PLACE OF BUSINESS IN HONG KONG
Office No. 3517
35th Floor, Wu Chung House
213 Queen's Road East
Wanchai, Hong Kong
PRINCIPAL SHARE REGISTRAR AND TRANSFER AGENT
Tricor Services (Cayman Islands) Limited
Second Floor, Century Yard
Cricket Square, P.O. Box 902
Grand Cayman, KY1-1103
Cayman Islands
HONG KONG BRANCH SHARE REGISTRAR AND TRANSFER OFFICE
Tricor Investor Services Limited
Level 54, Hopewell Centre
183 Queen's Road East, Hong Kong
LEGAL ADVISER AS TO HONG KONG LAWS King & Wood Mallesons
STOCK CODE 1908
COMPANY'S WEBSITE
www.cndintl.com
(the contents of which do not form part of this report)
Note: Mr. ZHUANG Yuekai has ceased to act as a member of the remuneration committee of the Board with effect from 15 March | |
2021. | 2 |
C&D International Investment Group Limited |
INTERIM CONDENSED CONSOLIDATED STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME
INTERIM RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 2021
The board (the "Board") of directors (the "Directors") of C&D International Investment Group Limited (the "Company") is pleased to announce the following unaudited interim consolidated results of the Company and its subsidiaries (collectively, the "Group") for the six months ended 30 June 2021 (the "Period") together with the comparative figures for the corresponding period in 2020 (the "corresponding period of the previous year").
For the six | For the six | ||
months ended | months ended | ||
Notes | 30 June 2021 | 30 June 2020 | |
RMB'000 | RMB'000 | ||
(Unaudited) | (Unaudited) | ||
(restated) | |||
Revenue | 4 | 8,396,275 | 2,462,753 |
Cost of sales | (7,346,373) | (1,938,940) | |
Gross profit | 1,049,902 | 523,813 | |
Other income | 6 | 277,755 | 133,503 |
Loss on changes in fair value of investment properties | (860) | (4,608) | |
Administrative expenses | (54,002) | (49,345) | |
Selling expenses | (749,188) | (398,265) | |
(Provision for)/reversal of provision for expected | |||
credit losses allowance | (7,418) | 11,643 | |
Finance costs | 7 | (188,641) | (142,450) |
Share of profit of associates | 35,643 | 33,195 | |
Share of profit of joint ventures | 13,942 | 567 | |
Profit before income tax from continuing operations | 8 | 377,133 | 108,053 |
Income tax expense | 9 | (47,856) | (24,191) |
Profit for the period from continuing operations | 329,277 | 83,862 | |
Discontinued operation | |||
Profit for the period from a discontinued operation | 10 | - | 31,620 |
Profit for the period | 329,277 | 115,482 | |
Other comprehensive income | |||
Items that may be reclassified subsequently to | |||
profit or loss: | |||
Currency translation differences | 20,148 | (43,139) | |
Total comprehensive income for the period | 349,425 | 72,343 | |
3 INTERIM REPORT 2021
INTERIM CONDENSED CONSOLIDATED STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME
For the six | For the six | ||
months ended | months ended | ||
Notes | 30 June 2021 | 30 June 2020 | |
RMB'000 | RMB'000 | ||
(Unaudited) | (Unaudited) | ||
(restated) | |||
Profit for the period attributable to: | |||
Equity holders of the Company | 303,188 | 151,105 | |
Non-controlling interests | 26,089 | (35,623) | |
329,277 | 115,482 | ||
Total comprehensive income for | |||
the Period attributable to: | |||
Equity holders of the Company | 323,347 | 107,985 | |
Non-controlling interests | 26,078 | (35,642) | |
349,425 | 72,343 | ||
Earnings per share for profit attributable | |||
to the equity holders of the Company | |||
Basic earnings per share | |||
- For profit for the period (RMB cents) | 25.64 | 5.80 | |
- For profit from continuing operations (RMB cents) | 12 | 25.64 | 3.09 |
Diluted earnings per share | |||
- For profit for the period (RMB cents) | 25.64 | 5.70 | |
- For profit from continuing operations (RMB cents) | 12 | 25.64 | 3.04 |
C&D International Investment Group Limited | 4 |
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C&D International Investment Group Ltd. published this content on 16 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 September 2021 01:01:04 UTC.