Allan : Announcements and Notices - Interim Results 2015/2016
November 27, 2015 at 04:44 am EST
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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
Allan International Holdings Limited is a Hong Kong-based investment holding company principally engaged in the manufacture of household electrical appliances. Its products include food processers and mixers, juicers and blenders, deep fryers and kettles, among others. The Company operates through four geographical segments, including Europe, Asia, America and Other Regions.