Financial Highlights

RESULT

For the year ended 30 June
2022
HK$’000
2021
HK$’000
2020
HK$’000
2019
HK$’000
2018
HK$’000
Revenue 40,985 77,813 165,934 43,503 25,347
Cost of sales and services (35,053) (56,929) (121,281) (19,802) (9,642)
         
Gross profit 5,932 20,884 44,653 23,701 15,705
Other income 39,350 4,978 11,223 66,269 13,951
Selling and distribution expenses (1,003) (5,208) (4,791) (1,409)
Administrative and operating expenses (41,431) (57,015) (63,183) (57,815) (80,268)
Impairment loss on assets (58,554) (52,949) (133,058) (67,930) -
Loss on dilution of interests in associates (21,889) - - - -
Loss on settlement of contingent consideration payable - (10,796) - - -
Finance costs
(16,410) (14,546) (18,154) (11,950) (12,581)
Share of result of joint ventures
- - - - -
Share of profits of associates
(153) 3,588 558 - -
           
Loss before tax (94,158) (111,064) (165,380) (47,938) (73,399)
Income tax credit 387 558 1,390 2,312 1,814
           
Loss for the year (93,771) (111,506) (163,990) (45,626) (71,585)

Certain figures in respect of the years ended 30 June 2018 have been restated to conform with the presentation of the consolidated results for the year ended 30 June 2022.

ASSETS AND LIABILITIES

30-6-2022
HK$’000
30-6-2021
HK$’000
30-6-2020
HK$’000
30-6-2019
HK$’000
30-6-2018
HK$’000
Total assets 76,886 135,903 188,173 228,668 175,497
Total liabilities (250,283) (276,459) (261,558) (191,429) (235,496)
         
Net assets/(liabilities) (173,397) (140,556) (73,385) 37,239 (59,999)
         
Equity/(capital deficiency) attributable
to equity holders of the Company
(166,777) (138,880) (73,080) 37,736 (59,392)
Non-controlling interests (6,620) (1,676) (305) (497) (607)
         
Total equity/(capital deficiency) (173,397) (140,556) (73,385) 37,239 (59,999)