BOEVARITRONIX：InterimReport2020.pdf

1、INTERIM REPORT 2020BOE VARITRONIX LIMITEDStock Code 7101Interim Report 2020Chairmans StatementHighlightsHK$millionSix months ended30 June 2020Six months ended30 June 2019 Revenue1,8981,607EBITDA189.888.3Profit Attributable to Shareholders18.217.3Cash and Fixed Deposits Balance1,5021,294Basic Earning

2、s per Share2.5 HK cents2.4 HK cents 1 EBITDA means profit for the period plus the following to the extent deducted in calculating such profit for the period:finance costs,income tax,depreciation and amortisation.On behalf of BOE Varitronix Limited(the“Company”)and its subsidiaries(collectively refer

3、red to as“BOEVx”or the“Group”),I present the Groups results for the period ended 30 June 2020.During the period under review,revenue of HK$1,898 million was recorded,an increase of 18.1%when compared with the HK$1,607 million recorded in the first half of 2019.EBITDA of the Group was HK$89.8 million

4、,1.7%higher than the HK$88.3 million recorded for the same period in the previous year.The profit attributable to shareholders was HK$18.2 million,an increase of 5%,when compared with the HK$17.3 million recorded in the first half of 2019.As at 30 June 2020,the cash and fixed deposits balance of the

5、 Group was HK$1,502 million,compared to HK$1,546 million at the end of 2019.The Group has no bank loan as at 30 June 2020 and 31 December 2019.The cash position of the Group remains strong during the period.The COVID-19 pandemic emerged in the period under review has impacted the global economy and

6、caused disruption of business across different geographic regions.The overall business and operation of the Group was inevitably affected in the first quarter of 2020 due to the lockdown in the Peoples Republic of China(the“PRC”),Europe and other countries.Fortunately,the situation has been improvin