(Registration No: EC 32308)
QUARTERLY FINANCIAL STATEMENT AND DIVIDEND ANNOUNCEMENT
Financial statements on combined results of the Group for the quarter end of Q3FY2016 as at 31 December 2015. These figures have not been audited.
PART I - INFORMATION REQUIRED FOR ANNOUNCEMENTS OF QUARTERLY (Q1, Q2 & Q3), HALF-YEAR AND FULL YEAR RESULTS
NUTRYFARM INTERNATIONAL LIMITED
Group Income Statement
For the Quarter Ended 31 December 2015 (Expressed in Hong Kong thousand dollars)
Three Months Ended 31.12.2015 | Nine Months Ended 31.12.2015 | |||||
FY2016 | FY2015 | Change | FY2016 | FY2015 | Change | |
HK$'000 | HK$'000 | % | HK$'000 | HK$'000 | % | |
Turnover | 20,097 | 16,329 | 23 | 66,194 | 75,853 | (13) |
Cost of sales | (8,294) | (6,179) | 34 | (26,553) | (35,910) | (26) |
Gross profit | 11,803 | 10,150 | 16 | 39,641 | 39,943 | (1) |
Other expenses | (1) | (27) | (96) | 250 | 385 | NM |
Distribution expenses | (3,820) | (4,215) | (9) | (14,454) | (14,853) | (21) |
Administrative expenses | (3,406) | (4,114) | (17) | (11,757) | (13,214) | (11) |
Finance costs | (334) | (825) | (60) | (1,021) | (2,203) | (54) |
Profit from ordinary activities before | 4,242 | 969 | 338 | 12,659 | 10,058 | 26 |
taxation | ||||||
Income tax | (691) | (72) | 860 | (2,266) | (1,833) | 24 |
Net profit for the quarter | 3,551 | 897 | 296 | 10,393 | 8,225 | 26 |
Attributable to: | 1,790 | 529 | 4,615 | 3,940 | ||
Equity holders of the Company | 238 | 17 | ||||
Non-controlling interest | 1,761 | 368 | 379 | 5,778 | 4,285 | 35 |
Net profit for the quarter | 3,551 | 897 | 296 | 10,393 | 8,225 | 26 |
NM - Not meaningful
1(a)(ii) A consolidated comprehensive income statement (for the group) together with a comparative statement for the corresponding period of the immediately preceding financial year.NUTRYFARM INTERNATIONAL LIMITED
Group Consolidated Comprehensive Income Statement For the Quarter Ended 31 December 2015
(Expressed in Hong Kong thousand dollars)
Three Months Ended 31.12.2015 | Nine Months Ended 31.12.2015 | |||||
FY2016 | FY2015 | Change | FY2016 | FY2015 | Change | |
HK$'000 | HK$'000 | % | HK$'000 | HK$'000 | % | |
Net profit for the quarter | 3,551 | 897 | 296 | 10,393 | 8,225 | 26 |
Other comprehensive income/(loss) | ||||||
Exchange differences on translating foreign operations, | 60 | (31) | NM | 123 | 256 | NM |
net of nil tax | ||||||
Total comprehensive income for the quarter | 3,611 | 866 | 317 | 10,516 | 8,481 | 24 |
Attributable to: | 1,850 | 498 | 4,738 | 4,196 | ||
Equity holders of the Company | 271 | 13 | ||||
Non-controlling interest | 1,761 | 368 | 379 | 5,778 | 4,285 | 35 |
Total comprehensive income for the quarter | 3,611 | 866 | 317 | 10,516 | 8,481 | 24 |
NM - Not meaningful
1(b)(i) A balance sheet (for the issuer and group), together with a comparative statement as at the end of the immediately preceding financial yearNUTRYFARM INTERNATIONAL LIMITED
Balance Sheet
as at 31 December 2015 (Expressed in Hong Kong thousand dollars)
Non-current assets | The Group | The Company | ||
HK$'000 | HK$'000 | HK$'000 | HK$'000 | |
As at | As at | As at | As at | |
31/12/2015 | 31/03/2015 | 31/12/2015 | 31/03/2015 | |
Interests in subsidiaries | - | - | 66,435 | 66,435 |
Property, plant and equipment | 44,615 | 47,876 | - | - |
Intangible assets | 51,695 | 52,595 | - | - |
Long term prepayment | 1,503 | 1,589 | - | - |
Land use right | 7,259 | 6,651 | - | - |
105,072 | 108,711 | 66,435 | 66,435 | |
Current assets | ||||
Inventories | 22,096 | 21,976 | - | - |
Trade receivables | 49,176 | 53,417 | - | - |
Prepayments, deposits and other receivables | 21,394 | 12,419 | 35,383 | - |
Amounts due from subsidiaries | - | - | 1,549 | 1,193 |
Cash and cash equivalents | 67,663 | 39,081 | 653 | 299 |
160,329 | 126,893 | 37,585 | 1,492 | |
Current liabilities | ||||
Trade and other payables | 20,303 | 28,432 | 4,092 | 2,462 |
Short term loan | 21,485 | 25,249 | - | - |
Tax payable | 968 | 46 | - | - |
Amount due to subsidiary | - | - | 170 | 135 |
42,756 | 53,727 | 4,262 | 2,597 | |
Net current assets/(liabilities) | 117,573 | 73,166 | 33,323 | (1,105) |
Non-current liabilities | 68,005 | 71,928 | - | - |
Dividend payable | ||||
Net assets/(liabilities) | 154,640 | 109,949 | 99,758 | 65,330 |
Equity | 6,428 | 123,988 | 6,428 | 123,988 |
Share capital | ||||
Reserves | 111,673 | (44,799) | 93,330 | (58,658) |
Total equity attributable to equity holders | 118,101 | 79,189 | 99,758 | 65,330 |
of the Company | ||||
Non-controlling interest | 36,539 | 30,760 | - | - |
Total equity | 154,640 | 109,949 | 99,758 | 65,330 |
As at 31/12/2015 In HK$'000 | As at 31/03/2015 In HK$'000 | ||
Secured | Unsecured | Secured | Unsecured |
21,485 | - | 25,249 | - |
As at 31/12/2015 In HK$'000 | As at 31/03/2015 In HK$'000 | ||
Secured | Unsecured | Secured | Unsecured |
- | - | - | - |
Not Applicable
LottVision Limited issued this content on 12 February 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 12 February 2016 10:19:13 UTC
Original Document: http://www.lottvision.com/news/3Q2016_Results_12Feb2016-Final.pdf