正大企業國際：二零一九年年報.pdf

1、stock code 38392019ANNUAL REPORT 年報(incorporated in Bermuda with limited liabilityChia Tai Enterprises International Limited正大企業國際有限公司Chia Tai Enterprises International Limited正大企業國際有限公司Chia Tai Enterprises International Limited正大企業國際有限公司於百慕達註冊成立之有限公司)2019 ANNUAL REPORT 年報股份代號:目錄CONTENTSChairmans St

2、atement董事長報告書Financial Highlights財務概要Management Discussion and Analysis管理層討論及分析Corporate Governance Report企業管治報告Biographical Details of Directors董事履歷詳情Report of the Directors董事報告書Independent Auditors Report獨立核數師報告Consolidated Statement of Comprehensive Income綜合全面收益表Consolidated Statement of Financia

3、l Position綜合財務狀況表Consolidated Statement of Changes in Equity綜合權益變動表Consolidated Statement of Cash Flows綜合現金流量表Notes to the Financial Statements財務報表附註Corporate Information公司資料245103034546163656769151ANNUAL REPORT 2019二 零 一 九 年 年報02CHIA TAI ENTERPRISES INTERNATIONAL LIMITED正大企業國際有限公司 Chairmans stateme

4、nt董 事 長 報 告 書In 2019,the global economy showed signs of slowing down amid uncertainties such as the China-US trade war and Brexit,threatening free trade in general.During the year,at the impact of factors at home and abroad,Chinas gross domestic product grew slower,from 6.6%in 2018 to 6.1%in 2019,bu

5、t still relatively stable nevertheless.In response to changing global economic conditions and development trends,Chia Tai Enterprises International Limited(the“Company”)and its subsidiaries(together“the Group”)braved the challenges by timely adjusting operating strategies to drive development of its

6、 businesses.On the biochemical business front,with China affected by the African swine fever epidemic,swine population shrank significantly against the previous year and inventory levels lingered at the lowest levels in recent years.Moreover,China announced a ban in phases of antibiotics use in anim