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Beijing Yunji Technology Co., Ltd. — Earnings Release 2015
Mar 1, 2016
50748_rns_2016-03-01_abd1701e-ffce-4406-985f-0f453b3c6069.pdf
Earnings Release
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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.
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(Incorporated in Bermuda with limited liability) (Stock Code: 1196)
POSITIVE PROFIT ALERT
This announcement is made by Realord Group Holdings Limited (the “Company”, together with its subsidiaries, the “Group”) pursuant to Rule 13.09 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited and the Inside Information Provisions under Part XIVA of the Securities and Futures Ordinance (Chapter 571, Laws of Hong Kong).
The board (the “Board”) of directors (the “Director”) of the Company wishes to inform shareholders of the Company and potential investors that based on the consolidated management accounts of the Group for the year ended 31 December 2015 (the “Management Accounts”) and information currently available, the Group is expected to record a net profit for the year ended 31 December 2015 of not less than HK$25 million as compared to the audited net loss of approximately HK$6.8 million for the nine months ended 31 December 2014. Such net profit was mainly attributable to the revaluation surplus on investment properties held by the Group and was partly offset by the related deferred taxation of revaluation surplus, corporate expenses including but not limited to rental expenses, staff costs, share option expenses and exchange loss for the year ended 31 December 2015.
The Company has changed its financial year end date from 31 March to 31 December with effect from 2014. As the financial information for current year covers the twelve months period from 1 January 2015 to 31 December 2015, while the last financial statements of the Company cover the nine months period from 1 April 2014 to 31 December 2014, the Directors consider the financial information for the nine months ended 31 December 2014 is not entirely comparable.
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The Group is still in the process of finalizing the results for the year ended 31 December 2015, the information contained in this announcement is only based on the Management Accounts and have not been audited or reviewed by the Company’s auditors. The annual results of the Group for the year ended 31 December 2015 is expected to be published on or before 23 March 2016.
Shareholders of the Company and potential investors are advised to exercise caution when dealing in the shares of the Company.
By order of the Board Realord Group Holdings Limited Lin Xiaohui Chairman
Hong Kong, 1 March 2016
As at the date of this announcement, the executive directors of the Company are Dr. Lin Xiaohui, Madam Su Jiaohua and Mr. Lin Xiaodong and the independent nonexecutive directors of the Company are Mr. Yu Leung Fai, Mr. Fang Jixin and Dr. Li Jue.
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