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)