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.
WINSON HOLDINGS HONG KONG LIMITED
永 順 控 股 香 港 有 限 公 司
(Incorporated in the Cayman Islands with limited liability)
(Stock Code: 6812)
POSITIVE PROFIT ALERT
This announcement is made by Winson Holdings Hong Kong Limited (the "Company", together with its subsidiaries, the "Group") pursuant to Rule 13.09(2) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules") and the Inside Information Provisions (as defined in the Listing Rules) under Part XIVA of the Securities and Futures Ordinance (Chapter 571, Laws of Hong Kong).
The board (the "Board") of directors (the "Directors") of the Company wishes to inform the shareholders of the Company and potential investors that based on the preliminary assessment of the information currently available to the Board, including the unaudited consolidated management accounts of the Group for the year ended 31 March 2021, the Group is expected to record a profit before tax of around HK$75 million for the year ended 31 March 2021 as compared to the profit before tax of approximately HK$26.1 million for the year ended 31 March 2020. Such substantial increase was mainly due to the receipt of subsidies under the Employment Support Scheme of the Government of the Hong Kong Special Administrative Region in the amount of approximately HK$65.8 million during the year ended 31 March 2021 which was partly offset by (i) the decrease in revenue from the Group's environmental hygiene and related services to airline catering operators and absence of revenue from airline catering support services; and (ii) one-offanti-epidemic allowance paid to staff.
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As the Company is in the process of finalising the consolidated annual results of the Group for the year ended 31 March 2021, the information contained in this announcement is only based on the information currently available to the Board, including the preliminary review of the unaudited consolidated management accounts of the Group for the year ended 31 March 2021, which have not been audited by the Company's auditor nor reviewed by the audit committee of the Company. Details of the Group's financial results and performance will be disclosed in the Group's annual results announcement which is expected to be announced before the end of June 2021.
Shareholders of the Company and potential investors should exercise caution when dealing in the shares of the Company.
By Order of the Board
Winson Holdings Hong Kong Limited
Ng Sing Mui
Chairperson and Executive Director
Hong Kong, 30 April 2021
As at the date of this announcement, the executive Directors are Madam Ng Sing Mui, Ms. Sze Tan Nei, Mr. Ang Ming Wah and Mr. Sze Wai Lun; and the independent non-executive Directors are Mr. Yuen Ching Bor Stephen, Mr. Chung Koon Yan, Mr. Ma Kwok Keung, Mr. Wong Yat Sum and Mr. Chan Chun Sing.
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Winson Holdings Hong Kong Ltd. published this content on 30 April 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 April 2021 11:27:02 UTC.
Winson Holdings Hong Kong Limited is an investment holding company principally engaged in the provisions of environmental hygiene, pest management, airline catering support and related services. The Company operates through two main segments. The Environmental Hygiene Services segment is mainly engaged in the provision of public area and office cleaning, waste disposal, external curtain wall and window cleaning, marble floor maintenance and pest management services. The Airline Catering Support Services segment is primarily involved in the provision of handling, packing, checking and transporting food or non-food items as well as meals plating and tray-setting services.