Financial Highlights

RESULT

For the year ended 30 June
2021
HK$’000
2020
HK$’000
2019
HK$’000
2018
HK$’000
2017
HK$’000
(Restated)
Revenue 77,813 165,934 43,503 25,347 26,359
Cost of sales and services (56,929) (121,281) (19,802) (9,642) (12,913)
         
Gross profit 20,884 44,653 23,701 15,705 13,446
Other income 4,978 11,223 66,269 13,951 3,954
Selling and distribution expenses (5,208) (4,791) (1,409) (6,837)
Administrative and operating expenses (63,274) (63,183) (57,815) (80,268) (84,388)
Provision for doubtful receivables (12,856) (2,628) (213) (8,797) (43,127)
Impairment loss on assets (33,834) (133,058) (67,930) - (53,776)
Finance costs
(14,546) (18,154) (11,950) (12,581) (13,316)
Share of result of joint ventures
- - - - (31)
Share of profits of associates
3,588 558 - - -
Loss before tax (111,064) (165,380) (47,938) (73,399) (184,075)
Income tax credit 558 1,390 2,312 1,814 2,835
Loss for the year (111,506) (163,990) (45,626) (71,585) (181,240)

Certain figures in respect of the years ended 30 June 2017 have been restated to conform with the presentation of the consolidated results for the year ended 30 June 2021.

ASSETS AND LIABILITIES

30-6-2021
HK$’000
30-6-2020
HK$’000
30-6-2019
HK$’000
30-6-2018
HK$’000
30-6-2017
HK$’000
Total assets 135,903 188,173 228,668 175,497 134,063
Total liabilities (276,459) (261,558) (191,429) (235,496) (123,470)
         
Net assets/(liabilities) (140,556) (73,385) 37,239 (59,999) 10,593
         
Equity/(capital deficiency) attributable
to equity holders of the Company
(138,880) (73,080) 37,736 (59,392) (646)
Non-controlling interests (1,676) (305) (497) (607) (11,239)
         
Total equity/(capital deficiency) (140,556) (73,385) 37,239 (59,999) 10,593