1、2Management Discussion and Analysis管理層討論及分析11Disclosure of Additional Information其他披露資料17Condensed Consolidated Statement of Profit or Loss and Other Comprehensive Income簡明綜合損益及其他全面收益表19Condensed Consolidated Statement of Financial Position簡明綜合財務狀況表21Condensed Consolidated Statement of Changes in Eq
2、uity簡明綜合權益變動表24Condensed Consolidated Statement of Cash Flows簡明綜合現金流量表25Notes to the Condensed Consolidated Financial Statements簡明綜合財務報表附註55Corporate Information公司資料CONTENTS目 錄2ASIA TELEVISION HOLDINGS LIMITED|亞 洲 電 視 控 股 有 限 公 司MANAGEMENT DISCUSSION AND ANALYSISFor the six months ended 30 June 2019
3、(the“Period”),Asia Television Holdings Limited(the“Company”)and its subsidiaries(collectively,the“Group”)engaged in four major business streams including(i)processing,printing and sales of finished fabrics and subcontracting services and the trading of fabric and clothing business(“Fabrics and Tradi
4、ng Business”);(ii)money lending business;(iii)securities investment and brokerage services business;and(iv)media,cultural and entertainment business.BUSINESS AND OPERATIONAL REVIEWFabrics and Trading BusinessThe revenue generated from the Fabrics and Trading Business slightly increased by around 8.2
5、%to approximately Renminbi(“RMB”)49.0 million during the Period(2018:RMB45.2 million).Despite the fierce competition of the fabric industry in the Peoples Republic of China(the“PRC”);the economy of the PRC remained challenging due to the slowdown of economic growth in the PRC,driven by the structura
6、l adjustment in the domestic economy and structural reform on the supply side;and the operating environment was unfavourable owing to the volatile global economy and weak demand from customers,the revenue generated from the Fabrics and Trading Business remained steady.Nevertheless,the overall outloo