PDF《浙江永隆实业股份有限公司》

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1 C 浙江永隆实业股份有限公司 ZHEJIANG YONGLONG ENTERPRISES CO.

, LTD.* (a joint stock limited company incorporated in the People'

s Republic of China) (Stock Code: 8211) INTERIM RESULTS ANNOUNCEMENT FOR THE SIX MONTHS ENDED

30 JUNE

2014 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 take no responsibility for the contents of this document, 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 document. This document, for which the directors of Zhejiang Yonglong Enterprises Co., Ltd. (the Company ) collectively and individually accept full responsibility, includes particulars given in compliance with the Rules Governing the Listing of Securities on the GEM of The Stock Exchange (the GEM Listing Rules ) for the purpose of giving information with regard to the Company. The directors of the Company, having made all reasonable enquiries, confirm that to the best of their knowledge and belief the information contained in this document 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 document misleading. * For identification purpose only C

2 C HIGHLIGHTS For the six months ended

30 June 2014, ? Revenue of the Company increased from approximately RMB75.02 million to approximately RM89.64 million, representing an increase of approximately 19.48% when compared to the corresponding period in 2013;

? Net loss for the six months ended

30 June

2014 was approximately RMB4.01 million;

and ? The Directors do not recommend the payment of an interim dividend for the six months ended

30 June 2014. UNAUDITED CONDENSED STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME For the six months ended

30 June

2014 The board of directors (the Board or the Directors ) of 浙江永隆实业股份有限公司(Zhejiang Yonglong Enterprises Co., Ltd.*) (the Company ) is pleased to announce the unaudited results of the Company for the three months and six months ended

30 June

2014 as follows: Three months ended

30 June Six months ended

30 June

2014 2013

2014 2013 Notes RMB'

000 RMB'

000 RMB'

000 RMB'

000 Revenue

3 58,820 57,632 89,638 75,022 Cost of sales (51,077) (50,728) (79,143) (68,864) Gross profit 7,743 6,904 10,495 6,158 Other income and gains

3 256

362 872 45,678 Selling and distribution costs (225) (71) (489) (246) Administrative expenses (1,878) (1,389) (2,562) (4,150) Finance costs