1、2Management Discussion and Analysis管理層討論及分析14Disclosure of Additional Information其他披露資料20Condensed Consolidated Statement of Profit or Loss and Other Comprehensive Income簡明綜合損益及其他全面收益表22Condensed Consolidated Statement of Financial Position簡明綜合財務狀況表24Condensed Consolidated Statement of Changes in Eq
2、uity簡明綜合權益變動表27Condensed Consolidated Statement of Cash Flows簡明綜合現金流量表28Notes to the Condensed Consolidated Financial Statements簡明綜合財務報表附註51Corporate 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 2020
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 BusinessDue to the outbreak of the novel coronavirus(COVID-19)epidemic(the“Pandemic”)across the Peop
5、les Republic of China(the“PRC”),the business of the production was affected by the lock-down of cities implemented in the PRC in the early stage of the Pandemic,resulting in a failure to resume work as scheduled after the Chinese new year,which led to sluggish sales.Unavoidably,the revenue generated
6、 from the Fabrics and Trading Business decreased by around 21.9%to approximately Renminbi(“RMB”)38.2 million during the Period(2019:RMB49.0 million).Together with the fierce competition of the fabric industry in the PRC;the economy of the PRC remained challenging due to the unfavourable operating en