China Yongda Automobiles Services : THE UNAUDITED SELECTED KEY CONSOLIDATED FINANCIAL FIGURES FOR THE NINE MONTHS ENDED 30 SEPTEMBER 2019 OF THE COMPANY
October 30, 2019 at 08:37 am EDT
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China Yongda Automobiles Services Holdings Limited
(中國永達汽車服務控股有限公司)
(Incorporated in the Cayman Islands with limited liability)
(Stock Code: 03669)
THE UNAUDITED SELECTED KEY CONSOLIDATED
FINANCIAL FIGURES
FOR THE NINE MONTHS ENDED 30 SEPTEMBER 2019 OF
THE COMPANY
This announcement is made by China Yongda Automobiles Services Holdings Limited (the "Company") pursuant to Rule 13.09 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules") and the Inside Information Provisions (as defined under the Listing Rules) under Part XIVA of the Securities and Futures Ordinance (Cap. 571 of the Laws of Hong Kong).
The Unaudited Selected Key Consolidated Financial Figures for the Nine Months Ended 30 September 2019 of the Company
Set out below are summaries of the unaudited selected key consolidated financial figures for the nine months ended 30 September 2019 of the Company prepared in accordance with the International Financial Reporting Standards:
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For the nine
For the nine
months ended 30
months ended 30
Period-on-period
September 2019
September 2018
growth rate
(unaudited)
(unaudited)
(RMB in million)
(RMB in million)
Passenger vehicles sales volume (units)
139,857
127,384
9.8%
- luxury and ultra-luxury brands sales revenue (units)
90,161
80,328
12.2%
Passenger vehicles sales revenue
36,793
33,327
10.4%
- luxury and ultra-luxury brands sales revenue
30,418
27,358
11.2%
After-sales services revenue
6,513
5,760
13.1%
Proprietary finance business revenue
358
388
-7.8%
Finance and insurance agency services revenue
784
718
9.2%
Consolidated revenue (including finance and insurance
agency services revenue)
44,693
40,307
10.9%
Consolidated gross profit
4,969
4,546
9.3%
Net profit
1,141
994
14.7%
Net profit attributable to owners of the Company
1,074
937
14.6%
The Board of the Company wishes to remind the shareholders and potential investors of the Company that the above unaudited selected key consolidated financial figures for the nine months ended 30 September 2019 of the Company are based on the management accounts of the Company which have not been reviewed or audited by the Company's independent auditor. Shareholders and potential investors of the Company are cautioned not to unduly rely on such information, and are advised to exercise caution when dealing in the shares of the Company.
By order of the Board
China Yongda Automobiles Services Holdings Limited
Cheung Tak On
Chairman
The PRC, 30 October 2019
As at the date of this announcement, the Board comprises (i) five executive directors, namely Mr. Cheung Tak On, Mr. Cai Yingjie, Mr. Wang Zhigao, Mr. Xu Yue and Ms. Chen Yi; (ii) one non-executive director, namely Mr. Wang Liqun; and (iii) three independent non-executive directors, namely Mr. Lyu Wei, Mr. Mu Binrui and Ms. Zhu Anna Dezhen.
For identification purpose only
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China Yongda Automobiles Services Holdings Ltd. published this content on 30 October 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 October 2019 12:36:10 UTC
China Yongda Automobiles Services Holdings Ltd is a company mainly engaged in the sale of passenger vehicles. The Company operates three segments. Passenger Vehicle Sales and Services segment is principally engaged in the sale of passenger vehicles and provision of after-sales services, including primarily repair and maintenance services, certain auxiliary passenger vehicles sales related services and provision of other passenger vehicles-related services. Automobile Operating Lease Services segment is engaged in the operating leasing of automobiles. Proprietary Finance Business segment is principally engaged in financial leasing and small loan business. The Company operates its businesses primarily in the domestic market.
China Yongda Automobiles Services : THE UNAUDITED SELECTED KEY CONSOLIDATED FINANCIAL FIGURES FOR THE NINE MONTHS ENDED 30 SEPTEMBER 2019 OF THE COMPANY