Financial Highlights
| Year ended 31 December | |||||
|---|---|---|---|---|---|
| 2024 RMB’000 |
2023 RMB’000 |
2022 RMB’000 |
2021 RMB’000 |
2020 RMB’000 |
|
| RESULTS | |||||
| REVENUE | 1,016,812 | 1,110,412 | 1,032,155 | 1,168,099 | 961,623 |
| Cost of Sales | (845,729) | (939,556) | (871,690) | (857,608) | (722,577) |
| Gross Profit | 171,083 | 170,856 | 160,465 | 310,491 | 239,046 |
| Other income and gains | 57,700 | 104,111 | 62,291 | 53,550 | 70,645 |
| Selling and distribution costs | (33,518) | (34,963) | (33,757) | (36,569) | (32,655) |
| Administrative expenses | (131,085) | (150,773) | (140,706) | (144,488) | (168,267) |
| Finance costs | (7,295) | (9,111) | (9,249) | (5,335) | (2,493) |
| Share of profit/(loss) of an associate |
(3,128) | (2,318) | (777) | (1,432) | (2,357) |
| Reversal of impairment / (impairment) of trade and bills receivables | (5,362) | (8,677) | 9,763 | (13,227) | - |
| Impairment of financial assets included in prepayments, other receivables and other assets | (4,248) | (1,203) | (6,348) | - | - |
| PROFIT BEFORE TAX | 44,147 | 67,922 | 35,682 | 162,990 | 108,438 |
| Income tax expense | (15,247) | (38,379) | (14,212) | (42,974) | (21,669) |
| PROFIT FOR THE YEAR | 28,900 | 29,543 | 21,470 | 120,016 | 86,769 |
| Profit attributable to: | |||||
| Owners of the parent | 26,664 | 31,242 | 23,565 | 122,652 | 90,754 |
| Non-controlling interests | 2,236 | (1,699) | (2,095) | (2,636) | (3,985) |
| 28,900 | 29,543 | 21,470 | 120,016 | 86,769 | |
| ASSETS, LIABILITIES AND MINORITY INTERESTS | |||||
| TOTAL ASSETS | 2,829,180 | 2,957,296 | 3,354,411 | 3,312,070 | 3,130,200 |
| TOTAL LIABILITIES | (536,489) | (581,080) | (834,969) | (656,482) | (441,482) |
| NON-CONTROLLING INTERESTS | 4,194 | 6,430 | 4,731 | 2,636 | - |
| NET ASSETS | 2,292,691 | 2,376,216 | 2,519,442 | 2,655,588 | 2,688,718 |