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.

(incorporated in Bermuda with limited liability)

(Stock Code: 00152) 2017 INTERIM RESULTS ANNOUNCEMENT

The Board of Directors (the "Board") of Shenzhen International Holdings Limited (the "Company") is pleased to announce the unaudited interim consolidated results and interim consolidated balance sheet of the Company and its subsidiaries (the "Group") for the six months ended 30 June 2017 (the "Period") together with comparative figures of consolidated results for the corresponding period in 2016 and consolidated balance sheet as of the year end of 2016 as follows:

INTERIM CONSOLIDATED INCOME STATEMENT-UNAUDITED Six months ended 30 June 2017 2016 Note HK$'000 HK$'000

Revenue

(4), (5)

4,205,179

3,578,014

Cost of sales

(2,530,536)

(2,011,481)

Gross profit

1,674,643

1,566,533

Other gains/ (losses)- net

110,031

(122,287)

Other income

20,459

85,034

Distribution costs

(35,173)

(35,792)

Administrative expenses

(201,745)

(201,214)

Operating profit

(6)

1,568,215

1,292,274

Share of profit of joint ventures

12,960

20,417

Share of profit of associates

(12)

706,402

539,831

Profit before finance costs and tax

2,287,577

1,852,522

Finance income

(7)

58,201

136,269

Finance costs

(7)

(389,311)

(611,737)

Finance costs - net

(7)

(331,110)

(475,468)

Profit before income tax

1,956,467

1,377,054

Income tax expense

(8)

(360,680)

(319,806)

Profit for the period

1,595,787

1,057,248

INTERIM CONSOLIDATED INCOME STATEMENT-UNAUDITED (continued) Attributable to: Six months ended 30 June 2017 2016 Note HK$'000 HK$'000

Equity holders of the Company 1,104,129 632,223 Non-controlling interests 491,658 425,025

1,595,787 1,057,248

Earnings per share attributable to equity holders of the Company

(expressed in HK dollars per share)

- Basic (9) 0.56 0.33

- Diluted (9) 0.56 0.33

Dividends (10) － － INTERIM CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME- UNAUDITED Six months ended 30 June 2017 2016

HK$'000 HK$'000

Profit for the period 1,595,787 1,057,248 Other comprehensive income/(loss):

Items that may be reclassified to profit or loss:

Fair value losses on available-for-sale financial

assets, net of tax (46,061) (85,223)

Fair value gains on derivative financial

instruments, net of tax － 1,007

Share of other comprehensive income/(loss) of

associates

44,643

(22,665)

Currency translation differences

943,267

(672,169)

Other comprehensive income/(loss) for the period, net of tax 941,849 (779,050)

Total comprehensive income for the period

Total comprehensive income attributable to:

2,537,636

278,198

Equity holders of the Company

1,725,714

103,022

Non-controlling interests

811,922

175,176

2,537,636

278,198

INTERIM CONSOLIDATED BALANCE SHEET-UNAUDITED As at

Note

30 June

2017

HK$'000

31 December

2016

HK$'000

ASSETS

Non-current assets

Property, plant and equipment

4,507,539

4,234,225

Investment properties

91,300

87,390

Land use rights

1,806,439

1,784,514

Construction in progress

2,208,166

2,056,347

Intangible assets

(11)

25,396,218

21,286,881

Interests in associates

(12)

13,280,158

7,490,060

Interests in joint ventures

82,192

260,234

Available-for-sale financial assets

(13)

222,966

104,353

Deferred tax assets

536,557

144,189

Other non-current assets

(14)

1,394,509

1,284,155

49,526,044

38,732,348

Current assets

Inventories

(15)

3,064,622

2,919,482

Available-for-sale financial assets

(13)

289,509

954,751

Derivative financial instruments

15,915

113,233

Trade and other receivables

(16)

2,342,110

2,242,728

Restricted bank deposits

Deposit in banks with original maturities over

1,449,138

1,629,804

3 months

1,374,474

1,540,195

Cash and cash equivalents

5,503,550

8,253,937

Assets of disposal group classified as held for

14,039,318

17,654,130

sale

(17)

4,494,176

4,354,416

18,533,494

22,008,546

Total assets 68,059,538 60,740,894 EQUITY AND LIABILITIES Equity attributable to equity holders of the Company

Share capital and share premium

9,034,360

8,323,602

Other reserves and retained earnings

11,194,305

10,310,529

20,228,665

18,634,131

Non-controlling interests

10,478,403

9,801,512

Total equity

30,707,068

28,435,643

INTERIM CONSOLIDATED BALANCE SHEET-UNAUDITED (continued) As at

Note

30 June

2017

HK$'000

31 December

2016

HK$'000

Liabilities

Non-current liabilities

Borrowings

10,087,638

7,574,893

Provision for maintenance/resurfacing

obligations

131,914

142,286

Deferred tax liabilities

2,210,304

1,759,275

Other non-current liabilities

9,881,099

10,009,736

22,310,955

19,486,190

Current liabilities

Trade and other payables

(18)

7,793,429

7,447,749

Income tax payable

Provision for maintenance/resurfacing

475,349

525,885

obligations

37,992

36,801

Borrowings

6,734,745

4,808,626

15,041,515

12,819,061

Total liabilities

37,352,470

32,305,251

Total equity and liabilities

68,059,538

60,740,894

Notes:

(All amounts in HK dollar thousands unless otherwise stated)

  1. General Information

    The principal activities of the Group, its associates and joint ventures include the following businesses:

    • Toll roads; and

    • Logistic business.

The Group's operations are mainly in the People's Republic of China (the "PRC").

The Company is a limited liability company incorporated in Bermuda and is an investment holding company. The address of its registered office is Clarendon House, 2 Church Street, Hamilton HM11, Bermuda.

The Company has its listing on The Stock Exchange of Hong Kong Limited (the "Stock Exchange").

Shenzhen International Holdings Ltd. published this content on 23 August 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 23 August 2017 04:37:07 UTC.

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