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1、Contents目錄Directors Statement董事會致辭2Management Discussion and Analysis管理層討論及分析Business Review業務回顧5Prospects前景5Financial Review財務回顧6Financial Key Performance主要財務表現6Liquidity and Financial Resources流動資金及財政資源7Directors and Senior Management Profile董事及高級管理層履歷18Directors Report董事會報告21Corporate Governance
2、Report企業管治報告32Environmental,Social and Governance Report環境、社會及管治報告46Independent Auditors Report獨立核數師報告74Consolidated Statement of Profit or Loss and Other Comprehensive Income綜合損益及 其他全面收益表81Consolidated Statement of Financial Position綜合財務狀況表83Consolidated Statement of Changes in Equity綜合權益變動表85Conso
3、lidated Statement of Cash Flows綜合現金流量表87Notes to the Consolidated Financial Statements綜合財務報表附註89Financial Summary財務摘要205Corporate Information公司資料207Directors Statement董事會致辭2KK Culture Holdings Limited Annual Report 2020Dear Shareholders,I hereby present you with the 2020 Annual Report of KK Culture
4、Holdings Limited(the“Company”)and its subsidiaries(collectively the“Group”)for the year ended 31 December 2020(“FY2020”).2020 is probably the most challenging year for the Company in history.Although the death rate of the Novel Coronavirus(“COVID-19”)is far below the Severe Acute Respiratory Syndrom
5、e(“SARS”)when it outbroke in 2003,this epidemic is highly contagious and spreads throughout the whole world that literally no one single country is exceptional.Many lives were taken away and death tolls are still rising and the world economics has been seriously impacted by this virus.Many countries
6、 have locked down,sealing borders with their neighbours,substantially disrupting international trade that the ripple effect has radiated to many other industries and sectors.The demand for goods and services,for example,has been severely depressed,factories were forced to stop to operate as inventor