Easyknit International : Announcement 2018 INTERIM REPORT

Contents 目錄

• 2 Corporate Information ʮ̡༟ࣘ

• 4 Management Discussion and Analysis ၍ଣᄴীሞʿʱؓ

• 13 Disclosure of Interests ᛆूמᚣ

• 20 Corporate Governance and Other Information

  Άุ၍طʿՉ˼༟ࣘ

• 24 Condensed Consolidated Statement of

  Profit or Loss and Other Comprehensive Income ᔊ׼ၝΥฦूʿՉ˼Όࠦϗूڌ

• 27 Condensed Consolidated Statement of Financial Position ᔊ׼ၝΥৌਕًرڌ

• 29 Condensed Consolidated Statement of Changes in Equity ᔊ׼ၝΥᛆूᜊਗڌ

• 31 Condensed Consolidated Statement of Cash Flows ᔊ׼ၝΥତږݴඎڌ

• 32 Notes to the Condensed Consolidated Financial Statements ᔊ׼ၝΥৌਕజڌڝൗ

Corporate Information
ʮ̡༟ࣘ
BOARD OF DIRECTORS	໨ԫึ
Executive Directors	ੂБ໨ԫ
Mr. Tse Wing Chiu Ricky	ᑽ͑൴΋͛
(President and Chief Executive Officer)	€˴ࢩࡒ࠯ࢩБ݁ᐼ൒
Ms. Lui Yuk Chu (Vice President)	ཤ͗मɾɻ€ਓ˴ࢩ
Ms. Koon Ho Yan Candy	ؚ̙֜ɾɻ
Independent Non-Executive Directors	ዹͭڢੂБ໨ԫ
Mr. Tsui Chun Kong	ࢱቤಥ΋͛
Mr. Jong Koon Sang	୿ڿ͛΋͛
Mr. Hon Tam Chun	ᒵᗈ݆΋͛
AUDIT COMMITTEE	ᄲࣨ։ࡰึ
Mr. Tsui Chun Kong (Chairman)	ࢱቤಥ΋͛€˴ࢩ
Mr. Jong Koon Sang	୿ڿ͛΋͛
Mr. Hon Tam Chun	ᒵᗈ݆΋͛
REMUNERATION COMMITTEE	ᑚཇ։ࡰึ
Mr. Jong Koon Sang (Chairman)	୿ڿ͛΋͛€˴ࢩ
Mr. Tsui Chun Kong	ࢱቤಥ΋͛
Mr. Hon Tam Chun	ᒵᗈ݆΋͛
Mr. Tse Wing Chiu Ricky	ᑽ͑൴΋͛
NOMINATION COMMITTEE	౤Τ։ࡰึ
Mr. Hon Tam Chun (Chairman)	ᒵᗈ݆΋͛€˴ࢩ
Mr. Tsui Chun Kong	ࢱቤಥ΋͛
Mr. Jong Koon Sang	୿ڿ͛΋͛
Mr. Tse Wing Chiu Ricky	ᑽ͑൴΋͛
EXECUTIVE COMMITTEE	Б݁։ࡰึ
Mr. Tse Wing Chiu Ricky (Chairman)	ᑽ͑൴΋͛€˴ࢩ
Ms. Lui Yuk Chu	ཤ͗मɾɻ
Ms. Koon Ho Yan Candy	ؚ̙֜ɾɻ
COMPANY SECRETARY	ʮ̡।ࣣ
Mr. Lee Po Wing Simon	ҽᘒ࿲΋͛
AUDITOR
Deloitte Touche Tohmatsu	ᅃා • ᗫර௓˙ึࠇࢪБ
LEGAL ADVISERS	جܛᚥਪ
As to Hong Kong law:	࠰ಥجܛj
David Norman & Co	David Norman & Co
As to Bermuda law:	ϵᅉ༺جܛj
Conyers Dill & Pearman	Conyers Dill & Pearman
Easyknit International Holdings Limited 2018 Interim Report

ࣨᅰࢪ

Corporate Information (continued)

ʮ̡༟ࣘ€ᚃ

PRINCIPAL BANKERS

Hang Seng Bank Limited

The Hongkong and Shanghai Banking

Corporation Limited

OCBC Wing Hang Bank

REGISTERED OFFICE

Clarendon House

2 Church Street Hamilton HM 11 Bermuda

PRINCIPAL PLACE OF BUSINESS

Block A, 7th Floor

Hong Kong Spinners Building, Phase 6 481-483 Castle Peak Road

Cheung Sha Wan, Kowloon Hong Kong

BERMUDA PRINCIPAL SHARE REGISTRAR AND TRANSFER OFFICE

MUFG Fund Services (Bermuda) Limited

The Belvedere Building

69 Pitts Bay Road Pembroke HM08 Bermuda

HONG KONG BRANCH SHARE REGISTRAR AND TRANSFER OFFICE

Tricor Secretaries Limited

Level 22, Hopewell Centre 183 Queen's Road East Hong Kong

STOCK CODE

1218

WEBSITE ADDRESS

www.easyknit.com

˴ࠅֻԸვБ

㛬͛ვБϞࠢʮ̡ ࠰ಥɪऎ䁩ᔮვБϞࠢʮ̡ ശ྆͑ЖვБ

ൗ̅፬ԫஈ

Clarendon House 2 Church Street Hamilton HM 11 Bermuda

˴ࠅᐄุήᓃ

࠰ಥ ɘᎲڗӍᝄ ڡʆ༸ 481-483 ໮ ࠰ಥ६ᅀɽขୋ 6ಂ 7 ᅽ Aࢭ

ϵᅉ༺˴ࠅٰ΅ཀ˒೮াஈ

MUFG Fund Services (Bermuda) Limited The Belvedere Building

69 Pitts Bay Road Pembroke HM08 Bermuda

࠰ಥٰ΅ཀ˒೮াʱஈ

ՙԳ।ࣣਠਕϞࠢʮ̡ ࠰ಥ

ެΧɽ༸؇ 183 ໮ Υձʕː 22ᅽ

ٰ΅˾໮

1218

ၣѧ

www.easyknit.com

Management Discussion and Analysis ၍ଣᄴীሞʿʱؓ

The board of directors ("Board") of Easyknit	່͑਷ყණྠϞࠢʮ̡€˜ ͉ʮ̡ ™໨
International Holdings Limited ("Company") is	ԫ ึ€˜ ໨ԫึ ™್ؚʮб͉ʮ̡ʿՉ
pleased to announce the results of the Company and	ڝ᙮ʮ̡€୕၈˜ ͉ණྠ ™࿚ Ї 2018 ϋ9
its subsidiaries (collectively the "Group") for the six	˜ 30 ˚˟ʬ€ 6ࡈ ˜€˜ ͉ಂග ™ʘ ุ ᐶf
months (6) ended 30 September 2018 ("Period").	͉ʕಂุᐶ͊຾ᄲࣨШʊ͉͟ʮ̡ʘ
These interim results have not been audited but have	ᄲࣨ։ࡰึᄲቡf
been reviewed by the Company's audit committee.
INTERIM RESULTS	ʕಂุᐶ
During the Period, the Group was able to capture	׵͉ಂගd͉ණྠᐄุᕘމ 85,378,000
a revenue of HK$85,378,000 (compared to	ಥʩ€޴ˢ 2017 ϋ Ν ಂ€˜ 2017 ಂග ™
HK$247,005,000 for the same period in 2017 ("2017	247,005,000 ಥʩf͉ණྠʘᐄุᕘ˴
Period")). The Group's revenue was mainly derived	ࠅ๕Іيุॡږϗɝëਯ೯࢝يุ
from properties rental income, disposal of development	ʿ੽൲ಛፄ༟ุਕٙлࢹϗɝf
properties and interest income from loan financing.
The Group recorded a decrease in profit for the Period	͉ණྠ׵͉ಂග፽੻๐лಯˇdϗू
which the gain was HK$3,139,000 (2017 Period:	މ 3,139,000 ಥʩ€ 2017 ಂගm 22,802,000
HK$22,802,000) as the Group did not roll out new	ಥʩdɗ͟׵͉ණྠ׵͉ಂගԨ͊પ
properties for sale during the Period.	̈อيุЪቖਯf
The basic and diluted earnings per share for the Period	͉ಂගٙӊٰਿ͉ʿᛅᑛޮлߒމ0.04
was approximately HK$0.04 (2017 Period: HK$0.29).	ಥʩ€ 2017 ಂගm 0.29 ಥ ʩf
INTERIM DIVIDEND	ʕಂٰࢹ
The Board does not recommend the payment of an	໨ԫึʔܔᙄఱ͉ಂගݼ೯ʕಂٰࢹ
interim dividend for the Period (2017 Period: nil).	€2017 ಂ ගjೌf
BUSINESS REVIEW	ุਕΫᚥ
Despite the U.S. short-term interest rates having	ኋ၍ߕ਷೵ಂлଟɪʺЇ 2% ˸ ɪd࠰
risen above 2%, Hong Kong's economy and financial	ಥ຾᏶ʿৌਕًرʥ್Ԅλdܲ౧л
conditions remain good in shape and the mortgage	ଟ޴࿁༰Эf໨ԫึʥ࿁࠰ಥٙڗჃ
interest rates are relatively low. The Board remains	ᄣڗܵᆀᝈ࿒ܓf
optimistic on the long-term growth of Hong Kong.
Easyknit International Holdings Limited 2018 Interim Report