Fire Rock : ·ANNOUNCEMENT OF QUARTERLY RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 2017

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(Stock Code: 8345)

ANNOUNCEMENT OF INTERIM RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 2017

CHARACTERISTICS OF THE GROWTH ENTERPRISE MARKET ("GEM") OF THE STOCK EXCHANGE OF HONG KONG LIMITED (THE "STOCK EXCHANGE")

GEM has been positioned as a market designed to accommodate companies to which a higher investment risk may be attached than other companies listed on the Stock Exchange. Prospective investors should be aware of the potential risks of investing in such companies and should make the decision to invest only after due and careful consideration. The greater risk profile and other characteristics of GEM mean that it is a market more suited to professional and other sophisticated investors.

Given the emerging nature of companies listed on GEM, there is a risk that securities traded on GEM may be more susceptible to high market volatility than securities traded on the Main Board of the Stock Exchange and no assurance is given that there will be a liquid market in the securities traded on GEM.

This announcement, for which the directors (the "Directors") of Fire Rock Holdings Limited (the "Company") collectively and individually accept full responsibility, includes particulars given in compliance with the Rules Governing the Listing of Securities on GEM of the Stock Exchange (the "GEM Listing Rules") for the purpose of giving information with regard to the Company. The Directors, having made all reasonable enquiries, confirm that to the best of their knowledge and belief the information contained in this announcement is accurate and complete in all material respects and not misleading or deceptive, and there are no other matters the omission of which would make any statement herein or this announcement misleading.

FINANCIAL HIGHLIGHTS (UNAUDITED)

• For the six months ended 30 June 2017, the Group's revenue increased approximately 100.6% from approximately RMB17.0 million for the six months ended 30 June 2016 to approximately RMB34.1 million.

• For the six months ended 30 June 2017, the Group's gross profit increased approximately 117.0% from approximately RMB13.5 million for the six months ended 30 June 2016 to approximately RMB29.3 million.

• For the six months ended 30 June 2017, the Group's profit increased approximately 328.0% from approximately RMB5.0 million for the six months ended 30 June 2016 to approximately RMB21.4 million.

• The Board declares the payment of interim dividend of HK$0.15 per share for the six months ended 30 June 2017 (for the six months ended 30 June 2016: Nil).

INTERIM RESULTS (UNAUDITED)

The board of Directors (the "Board") of the Company hereby announces the unaudited condensed consolidated results of the Company and its subsidiaries (collectively, the "Group") for the six months ended 30 June 2017 (the "Reporting Period") together with the comparative figures for the six months ended 30 June 2016 (the "Corresponding Period in 2016"). Such results have been reviewed by the audit committee of the Company.

CONDENSED CONSOLIDATED STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME

FOR THE SIX MONTHS ENDED 30 JUNE

2017	2016
Notes	RMB	RMB
(unaudited)	(unaudited)
Revenue	4	34,105,396	17,042,541
Direct costs	(4,837,123	(3,506,462
Gross profit	29,268,273	13,536,079
Other income	4	262,575	98,132
Game research costs	(266,662	(159,438
Distribution costs	(323,562	(297,566
Administrative expenses	(4,538,263	(6,778,320
Profit before income tax	24,402,361	6,398,887
Income tax expenses	5	(3,048,068	(1,399,125
Profit for the period	21,354,293	4,999,762
Other comprehensive income
Items that may be reclassified subsequently to profit or loss:
- Exchange differences on translating foreign operations	(724,706	333,539
Other comprehensive income for the period	(724,706	333,539
Total comprehensive income for the period	20,629,587	5,333,301
Profit for the period attributable to:
Owners of the Company	21,354,293	4,999,762
Total comprehensive income attributable to:
Owners of the Company	20,629,587	5,333,301
RMB cents	RMB cents
Earnings per share
Basic and diluted	7	13.35	3.12

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CONDENSED CONSOLIDATED STATEMENT OF FINANCIAL POSITION

As at 30 June 2017	As at 31 December 2016
(unaudited)	(audited)
Notes	RMB	RMB
Non-current assets
Property, plant and equipment	1,765,749	1,556,993
Intangible assets	8	8,298,863	7,622,667
10,064,612	9,179,600
Current assets
Trade receivables	9	20,300,761	13,217,121
Prepayments, deposits and other receivables	981,600	687,993
Short-term bank deposits	-	10,000,000
Cash and cash equivalents	91,903,281	70,105,578
113,185,642	94,010,692
Current liabilities
Trade and other payables	10	1,951,716	1,901,447
Deferred revenue	11	1,669,979	3,313,956
Tax payables	2,201,844	1,430,067
5,823,539	6,645,470
Net current assets	107,362,103	87,365,222
Total assets less current liabilities	117,426,715	96,544,822
Non-current liability
Deferred revenue	11	588,477	336,171
Net assets	116,838,238	96,208,651
Equity
Issued share capital	1,347,236	1,347,236
Reserves	115,491,002	94,861,415
Total equity	116,838,238	96,208,651