E151132810Ann.indd

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.


ALLAN INTERNATIONAL HOLDINGS LIMITED

(Incorporated in Bermuda with limited liability)

(Stock Code: 684)


INTERIM RESULTS 2015/2016 RESULTS


The board of directors of Allan International Holdings Limited (the 'Company') announces the unaudited condensed consolidated results of the Company and its subsidiaries (the 'Group') for the six months ended 30 September 2015 together with the comparative figures for the six months ended 30 September 2014, as follows:


CONDENSED CONSOLIDATED STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME

For the six months ended 30 September 2015


Six months ended 30 September 2015 2014



NOTES

(Unaudited)

HK$'000

(Unaudited)

HK$'000

Revenue

3

847,216

1,082,144

Cost of sales

(756,321)

(951,625)


Gross profit


90,895


130,519

Other income

5,545

5,702

Other gains and losses

(749)

1,831

Selling and distribution expenses

(16,631)

(18,906)

Administrative expenses

(66,778)

(73,041)

Gain arising on change in fair value of

investment properties

-

20,200

Finance costs

(492)

(791)


Profit before tax


11,790


65,514

Income tax expense

4

(2,960)

(10,005)


Profit for the period


8,830


55,509

Six months ended 30 September 2015 2014 (Unaudited) (Unaudited)

NOTES HK$'000 HK$'000


Other comprehensive (expense) income:


Items that may be subsequently reclassified to profit or loss:

Exchange differences arising on translating


foreign operations

(3,659)

577

Net fair value loss on available-for-sale investments

(779)

(446)


Other comprehensive (expense) income for the period


(4,438)


131


Total comprehensive income for the period


4,392


55,640


Earnings per share Basic


5


HK2.63 cents


HK16.55 cents

CONDENSED CONSOLIDATED STATEMENT OF FINANCIAL POSITION

At 30 September 2015


30 September

2015

(Unaudited)

31 March

2015

(Audited)

NOTES

HK$'000

HK$'000

Non-current assets

Investment properties

7

248,000

248,000

Property, plant and equipment

8

268,404

300,312

Prepaid lease payments

25,515

26,394

Club debentures

13,866

13,866

Available-for-sale investments

15,905

13,563

Financial assets designated at fair value through

profit or loss ('FVTPL')

3,509

3,635

Deposits paid for acquisition of property,

plant and equipment

851

2,967


576,050


608,737


Current assets

Inventories

97,532

103,724

Trade receivables and bills receivable

9

422,989

400,033

Other receivables

54,485

99,244

Mould deposits paid

11,991

16,457

Prepaid lease payments

716

716

Available-for-sale investments

3,150

1,617

Tax recoverable

7,891

7,692

Time deposits and deposits placed with banks

122,866

197,307

Bank balances and cash

364,832

208,304


1,086,452


1,035,094


Current liabilities

Trade payables

10

321,099

262,593

Other payables and accruals

149,244

140,540

Mould deposits received

21,629

33,912

Tax payable

37,760

40,294

Secured bank loans - due within one year

15,833

26,441


545,565


503,780


30 September

2015

(Unaudited)

31 March

2015

(Audited)

NOTES

HK$'000

HK$'000

Net current assets

540,887

531,314


Total assets less current liabilities


1,116,937


1,140,051


Non-current liabilities

Deferred tax liabilities

13,152

12,939

Secured bank loans - due after one year

49,095

51,657


62,247


64,596


Net assets


1,054,690


1,075,455


Capital and reserves

Share capital

11

33,543

33,543

Reserves

1,021,147

1,041,912


1,054,690


1,075,455

distributed by