恒都集团二零二三年中期报告

Unaudited Condensed ConsolidatedInterim Financial Information INTERIM RESULTSThe board (the “Board”) of directors (the “Directors”) of Perennial International Limited (the “Company”) is pleasedto present the interim report and the unaudited condensedconsolidated interim financial information of the Companyand its subsidiaries (collectively the “Group”) for the sixmonths ended 30th June 2023 together with comparativefigures as follows: CONDENSED CONSOLIDATED INCOME STATEMENT (UNAUDITED)for the six months ended 30th June 2023 The above condensed consolidated income statementshould be read in conjunction with the accompanying notes. Unaudited Condensed Consolidated Interim Financial Information CONDENSED CONSOLIDATED STATEMENT OF COMPREHENSIVEINCOME (UNAUDITED) for the six months ended 30th June 2023 Theabove condensed consolidated statement ofcomprehensive income should be read in conjunction withthe accompanying notes. Unaudited Condensed Consolidated Interim Financial Information CONDENSED CONSOLIDATED STATEMENT OF FINANCIAL POSITION(UNAUDITED) as at 30th June 2023 Unaudited Condensed Consolidated Interim Financial Information CONDENSED CONSOLIDATED STATEMENT OF FINANCIAL POSITION(UNAUDITED) (CONTINUED) as at 30th June 2023 Theabove condensed consolidated statement offinancial position should be read in conjunction with theaccompanying notes. Unaudited Condensed Consolidated Interim Financial Information CONDENSED CONSOLIDATED STATEMENT OF CHANGES IN EQUITY(UNAUDITED) for the six months ended 30th June 2023 The above condensed consolidated statement of changes inequity should be read in conjunction with the accompanyingnotes. Unaudited Condensed Consolidated Interim Financial Information CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS(UNAUDITED) for the six months ended 30th June 2023 Notes to the Unaudited Condensed ConsolidatedInterim Financial Information 1GENERAL INFORMATION 1 The Company is an investment holding company. TheGroup is principally engaged in the manufacturing andtrading of electric cable and wire products. TheCompany is a limited liability companyincorporated in Bermuda. The address of its registeredoffice is Clarendon House, 2 Church Street, HamiltonHM11, Bermuda. Clarendon House, 2Church Street, Hamilton HM11,Bermuda This unaudited condensed consolidated interimfinancial information is presented in Hong Kong dollars(“HK$”) unless otherwise stated. 2BASIS OF PREPARATIONThe unaudited condensed consolidated interim 2 financial information has been prepared in accordancewith Hong Kong Accounting Standard (“HKAS”) 34“Interim Financial Reporting” issued by the Hong KongInstitute of Certified Public Accountants. 34 3ACCOUNTING POLICIESThe accounting policies adopted are consistent with 3 those of the previous financial year and correspondinginterim reporting period, except for the estimation ofincome tax and the adoption of new and amendedstandards as set out below. Taxes on income in the interim periods are accruedusing the tax rate that would be applicable toexpected total annual earnings. Notes to the Unaudited Condensed Consolidated Interim Financial Information 3ACCOUNTING POLICIES (CONTINUED) (a) (a)New and amended standards adoptedby the Group The Group has applied the following newand amended standards for the first time forthe annual reporting period commencing 1stJanuary 2023: Amendments to HKAS 1 andHKFRS Practice Statement 212 Disclosure of Accounting Policies Amendments to HKFRS 88 Definition of Accounting Estimates Deferred Tax related to Assets andLiabilities arising from a SingleTransaction Amendments to HKAS 12 12 HKFRS 17 and amendments to HKFRS 171717 Insurance Contracts Theadoption of the new and amendedstandards listed above did not have materialimpact on the amounts recognised in prior yearsand are not expected to significantly affect thecurrent or future period. Notes to the Unaudited Condensed Consolidated Interim Financial Information (b)Amended standards and interpretations thathave been issued but are not yet effective duringthe year and have not been early adopted by theGroup: The Group will adopt the amended standardsand interpretations when they become effective.Management is in the process of making anassessment of the impact of adopting theseamendments and does not expect any impactthey would have on the Group’s results ofoperations and financial position. Notes to the Unaudited Condensed Consolidated Interim Financial Information 4ESTIMATES 4 The preparation of interim financial information requiresmanagement to make judgements, estimates andassumptions that affect the application of accountingpolicies and the reported amounts of assets andliabilities, income and expenses. Actual results maydiffer from these estimates. In preparing this unaudited condensed consolidatedinterim financial information, the significant judgementsmade by management in applying the Group’saccounting policies and the key source