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PegBio Co., Ltd. — Earnings Release 2020
Feb 24, 2020
50676_rns_2020-02-24_3facea4d-cc8b-4603-a117-1bac84220074.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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CMBC Capital Holdings Limited
(Incorporated in Bermuda with limited liability)
(Stock Code: 1141)
POSITIVE PROFIT ALERT
This announcement is made by CMBC Capital Holdings Limited (the “ Company ”, together with its subsidiaries, the “ Group ”) pursuant to Rule 13.09(2) 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 (Cap. 571 of the Laws of Hong Kong).
The board of directors (the “ Directors ”) of the Company (the “ Board ”) wishes to inform the shareholders of the Company (the “ Shareholders ”) and potential investors that, based on the preliminary assessment of the unaudited consolidated management accounts of the Group for the year ended 31 December 2019 (the “ Relevant Year ”) and the information currently available to the Board, the Group’s profit attributable to the owners of the Company for the Relevant Year is expected to increase by no less than 30% as compared to that recorded in the consolidated financial statements of the Group of approximately HK$245.2 million for the year ended 31 December 2018.
The Board considers that the increase in the Group’s profit is primarily attributable to the overall business growth, including the growth of the asset management business, the securities business and the investment business etc.
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As at the date of this announcement, the Company is in the process of finalising the consolidated annual results of the Group for the Relevant Year. The information contained in this announcement is only based on a preliminary assessment of the unaudited consolidated management accounts of the Group and the information currently available to the Board, and is not based on any figures or information which has been audited or reviewed by the independent auditors of the Company nor approved by the audit committee of the Company and therefore the Group’s actual results may be subject to amendments and potential adjustments. The Board wishes to emphasise that the results of the Group for the Relevant Year may be affected by a number of other factors, including but not limited to the valuation of the investment projects and the year end impairment assessment. Consequently, such financial information should not be relied upon by Shareholders and potential investors to provide with the same quality of information associated with the financial statements that have been subject to an audit or review.
Shareholders and potential investors must exercise caution when using such data to evaluate the Group’s financial condition and results of operations. Shareholders and potential investors are advised to read carefully the announcement of the final results of the Group for the Relevant Year which is expected to be released in late March 2020.
Shareholders and potential investors are advised to exercise caution when dealing in the securities of the Company.
By order of the Board CMBC Capital Holdings Limited Li Jinze Chairman
Hong Kong, 24 February 2020
As at the date of this announcement, the executive Directors are Mr. Li Jinze, Mr. Ding Zhisuo and Mr. Ng Hoi Kam; the non-executive Directors are Mr. Ren Hailong and Mr. Liao Zhaohui, and the independent non-executive Directors are Mr. Lee, Cheuk Yin Dannis, Mr. Wu Bin and Mr. Wang Lihua.
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