阿尔法企业 二零一八中期报告

阿尔法企业 二零一八中期报告

INTERIM REPORT

阿尔法企业 二零一八中期报告

Contents

Corporate Information

Condensed Consolidated Statement of Profit or Loss

and Other Comprehensive Income

Condensed Consolidated Statement of Financial Position Condensed Consolidated Statement of Changes in Equity Condensed Consolidated Statement of Cash Flows

Notes to the Unaudited Condensed Consolidated Financial Statements Management Discussion and Analysis

Corporate Governance and Other Information 2

4

5

6

7

8

31

35

1

阿尔法企业 二零一八中期报告

Corporate Information

BOARD OF DIRECTORS

Executive Directors

Mr. Xiong Jianrui (Chairman)

Mr. Yi Peijian (Chief Executive Officer)

Independent Non-executive Directors

Mr. Cui Songhe

Mr. Khoo Wun Fat William

Mr. Lin Tao

COMPANY SECRETARY

Mr. Kung Wai Chiu Marco

FCPA (Practising), ACIS and ACS

AUTHORIZED REPRESENTATIVES

Mr. Xiong Jianrui

Mr. Kung Wai Chiu Marco

FCPA (Practising), ACIS and ACS

AUDIT COMMITTEE

Mr. Lin Tao (Chairman)

Mr. Cui Songhe

Mr. Khoo Wun Fat William

REMUNERATION COMMITTEE

Mr. Cui Songhe (Chairman)

Mr. Khoo Wun Fat William

Mr. Lin Tao

Mr. Xiong Jianrui

Mr. Yi Peijian

NOMINATION COMMITTEE

Mr. Xiong Jianrui (Chairman)

Mr. Cui Songhe

Mr. Khoo Wun Fat William

Mr. Lin Tao

Mr. Yi Peijian

AUDITOR

Crowe (HK) CPA Limited

9/F, Leighton Centre, 77 Leighton Road, Causeway Bay, Hong Kong

LEGAL ADVISER

CFN Lawyers in association with Broad & Bright 27/F, Neich Tower, 128 Gloucester Road, Wanchai, Hong Kong

PRINCIPAL BANKER

Bank of China (Hong Kong) Limited

FCPA , ACIS ACS

FCPA , ACIS ACS

77 9

128 27

2ALPHA PROFESSIONAL HOLDINGS LIMITED ? Interim Report 2018

阿尔法企业 二零一八中期报告

Corporate Information

SHARE REGISTRAR AND TRANSFER OFFICE

Tricor Investor Services Limited

Level 22, Hopewell Centre, 183 Queen’s Road East, Hong Kong

REGISTERED OFFICE

Continental Building, 25 Church Street,

Hamilton, HM 12, Bermuda

PRINCIPAL OFFICE

Room 2107, 21/F, Harbour Centre, 25 Harbour Road, Wanchai, Hong Kong

STOCK CODE

948

WEBSITE

http://doc.guandang.net

183 22

Continental Building, 25 Church Street,

Hamilton, HM 12, Bermuda

25 21 2107

948

http://doc.guandang.net

3

阿尔法企业 二零一八中期报告

Condensed Consolidated Statement of Profi t or Loss and Other Comprehensive Income

For the six months ended 30 September 2018

The board (the “Board”) of directors (the “Directors”) of Alpha Professional Holdings Limited (the “Company”) is pleased to present the unaudited condensed consolidated interim financial statements of the Company and its subsidiaries (collectively the “Group”) for the six months ended 30 September 2018 (the “Reporting Period”) with comparative figures for the six months ended 30 September 2017. These condensed consolidated interim financial statements have not been audited nor reviewed by the Company’s auditor but have been reviewed and approved by the audit committee of the Company (the “Audit Committee”).

Alpha Professional H oldings Limited Six months ended 30 September

2018 2017

Note

HK$’000 HK$’000

(Restated)

(Unaudited)(Unaudited)

Revenue 6

170,649 156,493 Cost of goods sold (146,750) (132,948) Gross profit 23,899 23,545 Other income and gains 6 11 1,291 Selling and distribution expenses (198) (935) Administrative expenses (9,005) (6,697) Write off of trade receivables – (58) Finance costs 8 – (201) PROFIT BEFORE

RESTRUCTURING

COSTS AND TAX14,707 16,945 Restructuring costs – (5,000) PROFIT BEFORE TAX 7 14,707 11,945 Income tax expense 9 (3,107) (3,205) PROFIT AND TOTAL

COMPREHENSIVE INCOME

FOR THE PERIOD11,600 8,740 ATTRIBUTABLE TO:

Owners of the Company 11,699 8,740 Non-controlling interests (99) –PROFIT AND TOTAL

COMPREHENSIVE INCOME

FOR THE PERIOD11,600 8,740

EARNINGS PER SHARE

ATTRIBUTABLE TO OWNERS

OF THE COMPANY

Basic 11

HK4.60 cents HK19.26 cents

4.60 19.26 Diluted 11

HK4.60 cents HK19.26 cents

4.60 19.26

The notes on pages 8 to 30 form an integral part of these financial statements. 8 30

4ALPHA PROFESSIONAL HOLDINGS LIMITED ? Interim Report 2018

阿尔法企业 二零一八中期报告

Condensed Consolidated Statement of Financial Position

As at 30 September 2018

30 September 31 March

2018 2018

HK$’000 HK$’000

Note

(Unaudited)(Audited)

Non-current assets

Property, plant and equipment 863 1,207

Non-pledged fixed bank deposits 101 –

Total non-current assets 964 1,207

Current assets

Inventories 437 8,870

Trade receivables 13 90,504 126,149 Prepayments, deposits and

other receivables 21,631 3,996

Cash and bank balances 35,874 35,548

Total current assets 148,446 174,563

Current liabilities

Trade payables 14 4,499 44,955

Accruals and other payables 5,754 5,042