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MarketScreener Homepage  >  Equities  >  Hong Kong Stock Exchange  >  Yin He Holdings Limited    8260   KYG9844H1065

YIN HE HOLDINGS LIMITED

(8260)
  Report
End-of-day quote. End-of-day quote Hong Kong Stock Exchange - 09/14
0.11 HKD   +29.41%
2017YIN HE : First quarterly results for the three months ended 30 june 2017
PU
2017YIN HE : Change of company secretary and authorized representatives
PU
2017YIN HE : Company information sheet
PU
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Yin He : FIRST QUARTERLY RESULTS FOR THE THREE MONTHS ENDED 30 JUNE 2017

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08/14/2017 | 06:52am EDT

(incorporated in the Cayman Islands with limited liability)

(Stock code: 8260)

FIRST QUARTERLY RESULTS FOR THE THREE 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.

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited takes no responsibility for the contents of this announcement, makes 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.

This announcement, for which the directors of Yin He Holdings Limited collectively and individually accept full responsibility, includes particulars given in compliance with the Rules Governing the Listing of Securities on the Growth Enterprise Market of the Stock Exchange of Hong Kong Limited for the purpose of giving information with regard to the Company. The directors, having made all reasonable enquires, 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.

SUMMARY

Revenue for the three months ended 30 June 2017 amounted to HK$69,039,000

(2016: HK$69,057,000), representing remained stable as compared with corresponding period of the previous year.

Profit attributable to owners of the Company for the three months ended 30

June 2017 amounted to HK$10,027,000 while profits attributable to owners of the Company for the three months ended 30 June 2016 amounted to HK$8,691,000.

Basic earnings per share for the three months ended 30 June 2017 amounted to

approximately HK$0.685 cents while basic earnings per share for the three months ended 30 June 2016 amounted to approximately HK$0.743 cent.

FIRST QUARTERLY RESULTS

The board of Directors (the "Board") is pleased to announce the unaudited condensed consolidated results of the Company and its subsidiaries (collectively the "Group") for the three months ended 30 June 2017 together with the comparative unaudited figures for the corresponding period in 2016 as follows:

UNAUDITED CONDENSED CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME

For the three months ended 30 June 2017

(Unaudited) For the three months ended

Notes

30 June

2017

HK$'000

30 June

2016

HK$'000

Revenue

3

69,039

69,057

Direct costs

(39,452)

(51,455)

Gross profit

29,587

17,602

Other income

3

81

2,364

General and administrative expenses

(16,443)

(9,821)

Operating profit

13,225

10,145

Finance costs

4

-

(3)

Profit before income tax

13,225

10,142

Income tax expense

5

(3,198)

(1,451)

Profit for the period

10,027

8,691

Profit for the period attributable to Owners of the Company

10,005

8,672

Non-controlling interest

22

19

10,027

8,691

Total comprehensive income

for the period attributable to Owners of the Company

10,005

8,672

Non-controlling interest

22

19

10,027

8,691

Earnings per share for profit attributable to owners of the Company

- Basic (HK cent)

6

0.685

0.743

- Diluted (HK cent)

6

0.655

0.702

UNAUDITED CONDENSED CONSOLIDATED STATEMENT OF CHANGES IN EQUITY

For the three months ended 30 June 2017

Share

Share

Convertible Preference

Merger

Investment revaluation

Statutory

Translation

Retained

Non- controlling

Total

Capital

Premium

Shares

Reserve

Reserve

Reserve

Reserve

Earnings

Total

interest

equity

HK$'000

HK$'000

HK$'000

HK$'000

HK$'000

HK$'000

HK$'000

HK$'000

HK$'000

HK$'000

HK$'000

As at 31 March 2016

Total comprehensive Income

11,521

718,316

100,575

(213)

-

5,030

(3,379)

41,934

873,784

4,726

878,510

for the period

- - - - - - - 8,672 8,672

19 8,691

Issue of share upon placing

550 35,266 - - - - - - 35,816

- 35,816

At 30 June 2016 (Unaudited) 12,071 753,582 100,575 (213) - 5,030 (3,379) 50,606 918,272 4,745 923,017

As at 31 March 2017

14,616

997,994

99,085

(213)

7,171

10,936

(16,229)

73,033

1,186,393

4,514

1,190,907

Comprehensive income

-

-

-

-

-

-

-

10,005

10,005

22

10,027

Acquisition of subsidiary

-

-

-

-

-

-

-

-

-

-

-

Conversion of CPS

-

-

-

-

-

-

-

-

-

-

-

Placing of shares

-

-

-

-

-

-

-

-

-

-

-

At 30 June 2017 (Unaudited) 14,616 997,994 99,085 (213) 7,171 10,936 (16,229) 83,038 1,196,398 4,536 1,200,934

Yin He Holdings Ltd. published this content on 14 August 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 14 August 2017 09:51:04 UTC.


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All news about YIN HE HOLDINGS LIMITED
2017YIN HE : First quarterly results for the three months ended 30 june 2017
PU
2017YIN HE : Change of company secretary and authorized representatives
PU
2017YIN HE : Company information sheet
PU
More news
Financials
Sales 2020 47,3 M 6,10 M 6,10 M
Net income 2020 -446 M -57,6 M -57,6 M
Net Debt 2020 32,0 M 4,13 M 4,13 M
P/E ratio 2020 -0,82x
Yield 2020 -
Capitalization 190 M 24,5 M 24,5 M
EV / Sales 2019 2,72x
EV / Sales 2020 8,95x
Nbr of Employees 743
Free-Float 65,6%
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Managers
NameTitle
Zhen Hui Cai Chief Executive Director
Ang Li Chairman
Jing Zhang Chief Financial Officer
Chun Sing Hui Head-IT Manager
Tin Duk Chang Non-Executive Director
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