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.

(incorporated in Hong Kong under the Companies Ordinance with limited liability)

(Stock code: 285)

UNAUDITED RESULTS

FOR THE NINE MONTHS ENDED 30 SEPTEMBER 2019

This announcement is made pursuant to Rule 13.09(2)(a) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited and Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).

The board (the "Board") of directors (the "Directors") of BYD Electronic (International) Company Limited (the "Company", together with its subsidiaries, the "Group") is pleased to announce the unaudited consolidated results of the Group for the nine months ended 30 September 2019, together with the unaudited comparative figures for the corresponding period of 2018, as follows:

HIGHLIGHTS OF QUARTERLY RESULTS

For the nine months ended 30 September

2019

2018

Change

(unaudited)

(unaudited)

RMB thousand

Turnover

38,398,797

29,493,780

30.19%

Gross profit

2,612,023

3,228,400

-19.09%

Profit attributable to equity owners of the parent

1,026,535

1,802,282

-43.04%

Earnings per share

  - Basic and diluted

RMB0.46

RMB0.80

-43.04%

As at

30 September

31 December

2019

2018

Change

(unaudited)

(audited)

RMB thousand

Total assets

27,376,153

26,051,172

5.09%

Total liabilities

10,964,300

10,225,840

7.22%

Net assets

16,411,853

15,825,332

3.71%

1

The Board hereby reminds investors that the unaudited financial information and other information for the nine months ended 30 September 2019 are based on the Group's internal records and management accounts which have not been reviewed or audited by the auditors. The financial information for the nine months ended 30 September 2018 contained herein are extracted from the unaudited financial information of the Group; and the financial information for the year ended 31 December 2018 contained herein are extracted from the audited financial statements as contained in the 2018 Annual Report of the Company.

The unaudited consolidated results of the Group for the nine months ended 30 September 2019 have been reviewed by the audit committee of the Company.

The Company's shareholders and potential investors should exercise caution when dealing in the shares of the Company and are advised to consult their own professional advisors if they are in doubt as to their investment position.

By order of the Board

BYD Electronic (International) Company Limited

WANG Nian-qiang

Director

Hong Kong, 29 October 2019

As at the date of this announcement, the executive Directors of the Company are Mr. WANG Nian-qiang and Mr. JIANG Xiang-rong; the non-executive Directors are Mr. WANG Chuan-fu and Mr. WANG Bo; and the independent non-executive Directors are Mr. CHUNG Kwok Mo John, Mr. Antony Francis MAMPILLY and Mr. QIAN Jing-jie.

2

Attachments

  • Original document
  • Permalink

Disclaimer

BYD Electronic (International) Co. Ltd. published this content on 29 October 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 October 2019 12:21:06 UTC