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.
長 江 製 衣 有 限 公 司
YANGTZEKIANG GARMENT LIMITED
(Incorporated in Hong Kong with limited liability)
(Stock Code: 00294)
SUPPLEMENTAL ANNOUNCEMENT
IN RELATION TO THE
ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2020
Reference is made to the annual report of Yangtzekiang Garment Limited (the "Company", together with its subsidiaries, the "Group") for the year ended 31 March 2020 (the "Annual Report"). Unless otherwise defined, capitalised terms used in this announcement shall have the same meanings as those set out in the Annual Report.
In addition to the information provided in the Annual Report, the Board would like to provide further information and breakdown in relation to the other operating expenses of the Group for the year ended 31 March 2020 (together with comparative figures for the year ended 31 March 2019):
For the year ended 31 March | |||
2020 | 2019 | ||
HK$'000 | HK$'000 | ||
Impairment losses on trade receivables | 3,040 | - | |
Auditors' remuneration | |||
- audit services | 1,770 | 1,832 | |
- other services | 502 | 473 | |
Security fee | 1,687 | 1,590 | |
Insurance | 1,646 | 1,405 | |
Consultancy fee | 1,308 | 1,306 | |
Repair and maintenance | 1,052 | 1,141 | |
Other taxes and surcharges | 977 | 1,701 | |
Legal and professional fee | 883 | 258 | |
Motor vehicle expenses | 864 | 1,026 | |
Membership fee | 862 | 784 | |
Business and other registration fees | 505 | 434 | |
Depreciation charge | |||
- owned property, plant and equipment | - | 234 | |
- right-of-use assets | 502 | - | |
Amortisation of intangible assets | 95 | 95 | |
Donation | 25 | 20 | |
Amortisation of pre-paid interests in leasehold land | - | 56 | |
Sundry expenses | 2,434 | 1,762 | |
Recovery of receivables written off in prior years | (998) | (4) | |
Total | 17,154 | 14,113 | |
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This supplemental announcement is supplemental to the Annual Report. Save as disclosed in this supplemental announcement, the remaining contents of the Annual Report remain unchanged.
By Order of the Board of Directors
Yangtzekiang Garment Limited
Chan Wing Fui, Peter
Chairman
Hong Kong, 20 August 2020
As at the date of this notice, the Board comprises of six executive Directors, namely Mr. Chan Wing Fui, Peter, Mr. Chan Wing Kee, Mr. Chan Wing To, Madam Chan Suk Man, Mr. Chan Wing Sun, Samuel and Mr. So Ying Woon, Alan and three Independent Non-executive Directors, namely Mr. Choi Ting Ki, Mr. So Stephen Hon Cheung and Mr. Li Guangming.
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Yangtzekiang Garment Ltd. published this content on 20 August 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 August 2020 08:56:10 UTC