1、1Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement,make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in relia
2、nce upon the whole or any part of the contents of this announcement.Precision Tsugami(China)Corporation Limited津 上 精 密 機 床(中 國)有 限 公 司(Incorporated in the Cayman Islands with limited liability)(Stock code:1651)ANNUAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED 31 MARCH 2020The board of directors(the“Boa
3、rd”)of Precision Tsugami(China)Corporation Limited(the“Company”)hereby announces the audited consolidated annual results of the Company and its subsidiaries(collectively,the“Group”)for the year ended 31 March 2020(the“Year under Review”)together with the comparative figures for the corresponding per
4、iod in 2019.CONSOLIDATED STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOMEYear ended 31 March20202019NotesRMB000RMB000REVENUE41,943,5692,850,883Cost of sales(1,551,476)(2,138,067)GROSS PROFIT392,093712,816Other income and gains416,93718,157Selling and distribution expenses(106,443)(113,670)
5、Administrative expenses(77,810)(128,872)Impairment losses on financial assets196(1,008)Other expenses(1,484)(3,726)Finance costs5(76)PROFIT BEFORE TAX6223,413483,697Income tax expense7(67,590)(116,092)PROFIT FOR THE YEAR155,823367,605TOTAL COMPREHENSIVE INCOME FOR THE YEAR155,823367,605ATTRIBUTABLE
6、TO:Owners of the parent155,823367,6052Year ended 31 March20202019NotesRMB000RMB000EARNINGS PER SHARE ATTRIBUTABLE TO ORDINARY EQUITY HOLDERS OF THE PARENTBasic For profit for the year80.410.96Diluted For profit for the year80.410.963CONSOLIDATED STATEMENT OF FINANCIAL POSITIONAs at 31 March20202019N