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Future Data Group Limited — Regulatory Filings 2021
Jul 30, 2021
51343_rns_2021-07-30_70d853eb-8bf1-4f5f-b842-9da71e8a0101.pdf
Regulatory Filings
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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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FUTURE DATA GROUP LIMITED
(Incorporated in the Cayman Islands with limited liability)
(Stock code: 8229)
POSITIVE PROFIT ALERT
This announcement is made by Future Data Group Limited (the “ Company ”, together with its subsidiaries, the “ Group ”) pursuant to Rule 17.10 of the Rules Governing the Listing of Securities on GEM of the Stock Exchange of Hong Kong Limited (the “ GEM Listing Rules ”) and the Inside Information Provisions (as defined in the GEM Listing Rules) under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).
The board (the “ Board ”) of directors (the “ Director ”) of the Company is pleased to inform the shareholders of the Company (the “ Shareholders ”) and potential investors that, based on preliminary assessment of the unaudited consolidated management accounts of the Group for the six months ended 30 June 2021, the Group is expected to record a substantial increase in its profit after tax no less than HK$10 million, reversal from a loss after tax of approximately HK$4.2 million for the six months ended 30 June 2020.
Based on the information currently available to the Board, such increase was mainly attributable to (i) the increase in revenue of approximately HK$77.1 million benefited from continuous economic improvement in operating location and (ii) the consequence of rigid cost control on operation resulting in a drop in selling and administrative expenses by approximately HK$3.1 million.
The Company is still in the process of finalising the consolidated interim results of the Group. The information contained in this announcement is only a preliminary assessment based on the latest information currently available to the Company, which has not been reviewed by audit committee and may be subject to adjustment. Shareholders and potential investors are advised to read interim result announcement of the Company carefully which is expected to be released on 6 August 2021.
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Shareholders and potential investors are advised to exercise caution when dealing in the shares of the Company.
By Order of the Board Future Data Group Limited Suh Seung Hyun Chairman
Hong Kong, 30 July 2021
As at the date of this announcement, the executive Directors are Mr. Suh Seung Hyun, Mr. Phung Nhuong Giang, Mr. Lee Seung Han and Mr. Ryoo Seong Ryul; and the independent non-executive Directors are Mr. Wong Sik Kei, Mr. Sum Chun Ho and Mr. Yung Kai Tai.
This announcement, for which the Directors collectively and individually accept full responsibility, includes particulars given in compliance with the GEM Listing Rules for the purpose of giving information with regard to the Company. The Directors, having made all reasonable enquiries, 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.
This announcement will remain on the “Latest Listed Company Information” page of the GEM website at www.hkgem.com for at least 7 days from the date of its publication and on the website of the Company at www.futuredatagroup.com.
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