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financial highlights

For the year ended 31 March
2023
HK$ million

2022
HK$ million
(Restated)
Revenue
118.8
148.9
Costs of sales and services
(28.6)
(39.5)
Gross profit
90.2
109.5
Loss for the year attributable to owners of the Company
(378.6)
(334.1)
Loss per share - Basic
HK$(32.38) cents
HK$(28.57) cents
As at 31 March 2023
HK$ million
As at 31 March 2022
HK$ million
Total assets
4,430.9
5,569.7
Total liabilities
3,067.9
3,593.7
Net assets attributable to the owners of the Company
1,354.2
1,906.8
Current ratio
0.43
0.70
Gearing ratio*
0.69
0.65
Net assets per share**
HK$ 117 cents
HK$ 169 cents
* Total liabilities divided by total assets
** As at 31 March 2023, the number of issued shares of the Company was 1,169,287,752 (31 March 2022: 1,169,287,752)

FINANCIAL REPORTS

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CORPORATE GOVERNANCE & ELECTRONIC DISSEMINATION OF CORPORATE COMMUNICATIONS

Memorandum of Association and Bye-laws
List of Directors and their Role and Function
Terms of Reference - Audit Committee
Terms of Reference - Nomination and Remuneration Committee
Procedures for Shareholders to Propose a Person for Election as a Director of the Company
Electronic Dissemination of Corporate Communications

CORPORATE INFORMATION

Executive Directors

Mr. Li Weibin, Chairman and Managing Director
Mr. Siu Wai Yip

Non-Executive Director

Mr. Lam Wing Yiu

Independent
Non-Executive Directors

Dr. Ho Chung Tai, Raymond
Ms. Lai Ka Fung, May
Ms. Chan Sim Ling, Irene

Company Secretary

Ms. Lau Wai Har

Registered Office

Clarendon House
2 Church Street
Hamilton HM 11
Bermuda

Head Office and Principal Place of Business in Hong Kong

Suite 1203, 12/F., Standard Chartered Bank Building,
4-4A Des Voeux Road Central,
Central, Hong Kong

Principal Bankers

The Hongkong and Shanghai Banking Corporation Limited
DBS Bank (Hong Kong) Limited
China Minsheng Banking Corporation Limited
Industrial and Commercial Bank of China Limited
Industrial and Commercial Bank of China (Asia) Limited
Bank of Xi’an Company Limited
Bank of Ningxia Company Limited
Bank of Chang’an Company Limited
Shaanxi Qinnong Rural Commercial Bank Company Limited

Principal Share Registrar and Transfer Office

Ocorian Management (Bermuda) Limited
Victoria Place, 5th Floor
31 Victoria Street
Hamilton HM10
Bermuda

Hong Kong Branch Share
Registrar and Transfer Office

Tricor Standard Limited
17/F, Far East Finance Centre
16 Harcourt Road
Hong Kong

Auditor

HLB Hodgson Impey Cheng Limited
Certified Public Accountants

Legal Adviser

Michael Li & Co.

Executive Directors

Mr. Li Weibin, Chairman and Managing Director
Mr. Siu Wai Yip

Non-Executive Director

Mr. Lam Wing Yiu

Independent
Non-Executive Directors

Dr. Ho Chung Tai, Raymond
Ms. Lai Ka Fung, May
Ms. Chan Sim Ling, Irene

Company Secretary

Ms. Lau Wai Har

Registered Office

Clarendon House
2 Church Street
Hamilton HM 11
Bermuda

Head Office and Principal Place of Business in Hong Kong

Suite 1203, 12/F., Standard Chartered Bank Building,
4-4A Des Voeux Road Central,
Central, Hong Kong
 

Principal Bankers

The Hongkong and Shanghai Banking Corporation Limited
DBS Bank (Hong Kong) Limited
China Minsheng Banking Corporation Limited
Industrial and Commercial Bank of China Limited
Industrial and Commercial Bank of China (Asia) Limited
Bank of Xi’an Company Limited
Bank of Ningxia Company Limited
Bank of Chang’an Company Limited
Shaanxi Qinnong Rural Commercial Bank Company Limited

Principal Share Registrar and Transfer Office

Ocorian Management (Bermuda) Limited
Victoria Place, 5th Floor
31 Victoria Street
Hamilton HM10
Bermuda

Hong Kong Branch Share
Registrar and Transfer Office

Tricor Standard Limited
17/F, Far East Finance Centre
16 Harcourt Road
Hong Kong

Auditor

HLB Hodgson Impey Cheng Limited
Certified Public Accountants

Legal Adviser

Michael Li & Co.

ANALYST COVERAGE

Issue Date
Title
Source

STOCK QUOTE

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