Murchison : 01-03-2016Half Yearly Report and Accounts

Model Financial Accounts AIRFS Edition

Half Year Report

Period ended on 31 December 2015

The following information must be given to ASX under listing rule 4.2A.3.

ABN or equivalent company reference	Half year ended: current period	previous corresponding period
52 004 707 260	31 December 2015	31 December 2014

Results for announcement to the market

. $HK'000

2.1 Revenues from ordinary activities	Up	31%		to	23,669
2.2 Loss from ordinary activities after tax attributable to members	Down	35%		to	(3,792)
2.3 Loss profit for the period attributable to members	Down	35%		to	(3,792)
2.4 Dividends (distributions)	Amount per security		Franked amount per security
Final dividend Interim dividend	NIL		NIL
Previous corresponding period	NIL		NIL
2.5 Record date for determining entitlements to the dividend	NIL
2.6 Brief explanation of any of the figures in 2.1 to 2.4 Refer to directors' report

1. Net tangible assets per security with the comparative figure for the previous corresponding period.

   
   

   Current period	Previous corresponding Period
   449 cents	451 cents

   Net tangible assets per security

2. Details of entities over which control has been gained or lost during the period, including the following.

   
   

   NIL

3. Name of the entity.

   
   

   
   

   NIL

4. The date of the gain or loss ofcontrol.

   
   

   
   

   Current period	Previous corresponding Period
   NIL	NIL

5. Where material to an understanding of the report - the contribution of such entities to the reporting entity's profit from ordinary activities during the period and the profit or loss of such entities during the whole of the previous corresponding period.

   
   

6. Details of individual and total dividends or distributions and dividend or distribution payments. The details must include the date on which each dividend or distribution is payable, and (if known) the amount per security of foreign sourced dividend or distribution.

   
   

   Dividend or distribution payments:	Amount	Date on which each dividend or distribution is payable	Amount per security of foreign sourced dividend or distribution (if known)
   NIL
   Total

   
   

7. Details of any dividend or distribution reinvestment plans in operation and the last date for the receipt of an election notice for participation in any dividend or distribution reinvestment plan.




NIL

Name of entity	% Holding	Aggregate Share of profit		Contribution to net profit
Current period $	Previous corresponding Period $	Current period $	Previous corresponding Period $
Quest Marine Resources Limited (i)	43.37%	NIL	NIL	NIL	NIL
MCS Engines Limited	50%	NIL	NIL	NIL	NIL
Chongqing East Toptrend Domo Limited (ii)	NIL	NIL	NIL	NIL	NIL




7. Details of associates and joint venture entities including the name of the associate or joint venture entity and details of the reporting entity's percentage holding in each of these entities and - where material to an understanding of the report - aggregate share of profits (losses) of these entities, details of contributions to net profit for each of these entities, and with comparative figures for each of these disclosures for the previous corresponding period. Investment cost of Quest Marine Resources Limited was fully written off in previous year. Please refer to note 5 of notes to the financial statements for detail.

8. For foreign entities, which set of accounting standards is used in compiling the report (e.g. International Accounting Standards). NIL




DIRECTORS' REPORT

Your directors submit the financial report of the Consolidated Group for the half-year ended 31 December 2015.

Directors

The names of directors who held office during or since the end of the half-year:

Mr Wee Tiong CHIANG

Mr. Grant Anthony ROBERTSON

Dr Kim Chan KOH

Mr. Hung Ngok WONG

Review of Operations

Murchison Holdings Limited and its controlled entities continued to earn their income from activities in the sectors of investments, stockbroking, nominee services, settlement services, electronics businesses, information technology and processing and sale of processed seafood. Our focus has continued to be markets in South East Asia, Australia, Europe and the USA.

Rounding of Amounts

The Consolidated Group has applied the relief available to it in ASIC Class Order 98/100 and accordingly certain amounts in the financial report and the directors' report have been rounded off to the nearest $1,000.