China LotSynergy : • Announcement of interim results for the six months ended 30 June 2016
August 25, 2016 at 09:29 am
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Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.
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(Stock Code: 1371)
ANNOUNCEMENT OF INTERIM RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 2016
INTERIM FINANCIAL STATEMENTS
The Board of Directors (the "Board" or the "Directors") of China LotSynergy Holdings Limited (the "Company") hereby presents the unaudited condensed consolidated financial statements of the Company and its subsidiaries (collectively referred to as the "Group") for the six months ended 30 June 2016, together with the comparative unaudited figures for the corresponding periods in 2015, as follows:
Unaudited
Six months ended 30 June
Notes
2016
HK$'000
2015
HK$'000
Turnover
2
96,646
522,460
Costs of sales and services
3
(106,355)
(136,608)
(Gross loss)/gross profit
(9,709)
385,852
Other income
4
6,224
16,757
Other gains/(losses) - net
5
8,591
(20,727)
General and administrative expenses
(130,662)
(282,561)
Share option expenses
(9,861)
(22,008)
Operating (loss)/profit
6
(135,417)
77,313
Finance costs
7
(29,313)
(32,702)
Share of losses of joint ventures
(1,436)
(2,687)
(Loss)/Profit before income tax
(166,166)
41,924
Income tax expense
8
(3,182)
(54,785)
Loss for the period
(169,348)
(12,861)
(Loss)/Profit attributable to:
Owners of the Company
(127,825)
(148,072)
Non-controlling interests
(41,523)
135,211
(169,348)
(12,861)
Loss per share attributable to owners of the Company for the period
- basic - HK Cent
9
(1.49)
(1.75)
- diluted - HK Cent 9 (1.49) (1.75)
Unaudited
Six months ended 30 June
2016
HK$'000
2015
HK$'000
Loss for the period
(169,348)
(12,861)
Other comprehensive expenses:
Items that may be reclassified to profit or loss
Currency translation differences
-
(188)
Other comprehensive expenses for the period
-
(188)
Total comprehensive expenses for the period
(169,348)
(13,049)
Attributable to:
Owners of the Company
(127,811)
(148,247)
Non-controlling interests
(41,537)
135,198
Total comprehensive expenses for the period
(169,348)
(13,049)
Notes
Unaudited
As at 30 June
2016
HK$'000
Audited
As at 31 December
2015
HK$'000
Non-current assets
Property, plant and equipment
609,717
668,968
Intangible assets
463,057
448,336
Investment in an associate
4,764
4,764
Investments in joint ventures
31,097
32,534
Available-for-sale financial assets
7,142
10,000
Deferred income tax assets
8,402
8,402
1,124,179
1,173,004
Current assets
Inventories
32,032
58,516
Accounts receivable
10
113,579
88,632
Prepayments, deposits and other receivables
583,283
371,134
Financial assets at fair value through profit or loss
448,941
677,466
Cash and bank balances
664,195
792,637
1,842,030
1,988,385
Total assets
2,966,209
3,161,389
Current liabilities
Accounts and bills payable
11
5,734
16,489
Accruals and other payables
68,015
60,278
Amounts due to joint ventures
6,754
6,766
Income tax payable
5,744
1,105
Bank borrowings
533,274
583,038
619,521
667,676
Net current assets
1,222,509
1,320,709
Total assets less current liabilities
2,346,688
2,493,713
China LotSynergy Holdings Ltd. published this content on 25 August 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 25 August 2016 13:29:03 UTC.
Original documenthttp://www.chinalotsynergy.com/en/pdf/a4f131db4ed1d05a9453afdc874a6ee4.pdf
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China Ecotourism Group Ltd is an investment holding company principally engaged in the provision of technology and operation services for lottery systems, terminal equipment and gaming products. The Company mainly operates through two segments. The Lottery Systems, Terminal Equipment and Related Products segment is engaged in the provision of technology and operation services for lottery systems, terminal equipment and gaming products, and sales of lottery terminals and related equipment, including video lottery, computer ticket game and KENO-type lottery, as well as new media lottery. The Natural and Health Food segment is involved in the research and development, processing, production and sales of natural and health food.