| For the year ended 30 June | |||||
|---|---|---|---|---|---|
|
2020
HK$’000 |
2019
HK$’000 |
2018
HK$’000 |
2017
HK$’000 (Restated) |
2016
HK$’000 (Restated) |
|
| Revenue | 165,934 | 43,503 | 25,347 | 26,359 | 34,657 |
| Cost of sales and services | (121,281) | (19,802) | (9,642) | (12,913) | (12,255) |
| Gross profit | 44,653 | 23,701 | 15,705 | 13,446 | 22,402 |
| Other income | 11,223 | 66,269 | 13,951 | 3,954 | 10,203 |
| Selling and distribution expenses | (4,791) | — | (1,409) | (6,837) | (6,276) |
| Administrative and operating expenses | (63,183) | (57,815) | (80,268) | (84,388) | (97,084) |
| Provision for doubtful receivables | (2,628) | (213) | (8,797) | (43,127) | (46,465) |
| Impairment loss on assets | (133,058) | (67,930) | - | (53,776) | (85,712) |
|
Finance costs
|
(18,154) | (11,950) | (12,581) | (13,316) | (11,988) |
|
Share of result of joint ventures
|
- | - | - | (31) | (490) |
|
Share of profits of associates
|
558 | - | - | - | - |
| Loss before tax | (165,380) | (47,938) | (73,399) | (184,075) | (215,410) |
| Income tax credit | 1,390 | 2,312 | 1,814 | 2,835 | 1,568 |
| Loss for the year | (163,990) | (45,626) | (71,585) | (181,240) | (213,842) |
Certain figures in respect of the years ended 30 June 2016 an 30 June 2017 have been restated to conform with the presentation of the consolidated results for the year ended 30 June 2020.
|
30-6-2020
HK$’000 |
30-6-2019
HK$’000 |
30-6-2018
HK$’000 |
30-6-2017
HK$’000 |
30-6-2016
HK$’000 |
|
|---|---|---|---|---|---|
| Total assets | 188,173 | 228,668 | 175,497 | 134,063 | 259,311 |
| Total liabilities | (261,558) | (191,429) | (235,496) | (123,470) | (109,830) |
| Net assets/(liabilities) | (73,385) | 37,239 | (59,999) | 10,593 | 149,481 |
|
Equity/(capital deficiency) attributable
to equity holders of the Company |
(73,080) | 37,736 | (59,392) | (646) | 136,341 |
| Non-controlling interests | (305) | (497) | (607) | (11,239) | 13,140 |
| Total equity/(capital deficiency) | (73,385) | 37,239 | (59,999) | 10,593 | 149,481 |