大同机械二零二三年中期报告

CONTENTS Page 2Corporate Information4Condensed Consolidated Income Statement5Condensed Consolidated Statement of Comprehensive Income6Condensed Consolidated Statement of Financial Position8Condensed Consolidated Statement of Changes in Equity9Condensed Consolidated Statement of Cash Flows10Notes to the Condensed Consolidated Financial Statements26Management Discussion and Analysis37Supplementary Information43Glossary CORPORATE INFORMATION BOARD OF DIRECTORS Executive Directors Tang To(Chairman)Tang Yu, Freeman(Chief Executive Officer) Non-executive Directors Kan Wai WahQu Jinping Independent Non-executive Directors Yeung Shuk FanHuang Zhi WeiLam Kwok MingLee Wai Yip, Alvin Audit Committee Yeung Shuk Fan(Chairman)Huang Zhi WeiKan Wai Wah Remuneration Committee Yeung Shuk Fan(Chairman)Huang Zhi WeiTang To Nomination Committee Tang To(Chairman)Huang Zhi WeiLam Kwok MingLee Wai Yip, AlvinTang Yu, FreemanYeung Shuk Fan Committee of Executive Directors Tang To(Chairman)Tang Yu, Freeman AUTHORISED REPRESENTATIVES Tang ToTang Yu, Freeman CORPORATE INFORMATION (CONTINUED) COMPANY SECRETARY Wong Lai Tong AUDITOR Ting Ho Kwan & Chan PRINCIPAL BANKERS Bank of China (Hong Kong) LimitedBNP Paribas Hong Kong BranchNanyang Commercial Bank, LimitedThe Hongkong and Shanghai Banking Corporation Limited REGISTERED OFFICE 10210 10thFloor, Billion Plaza 2No. 10 Cheung Yue StreetCheung Sha WanKowloon, Hong Kong SHARE REGISTRAR 1617 Tricor Secretaries Limited17/F, Far East Finance Centre16 Harcourt RoadHong Kong http://www.cosmel.com COMPANY WEBSITE http://www.cosmel.com INVESTOR RELATIONS CONTACT 10210ir@cosmel.com(852) 2376 6188(852) 2375 9626 Address:10thFloor, Billion Plaza 2No. 10 Cheung Yue StreetCheung Sha WanKowloon, Hong KongE-mail:ir@cosmel.comTelephone:(852) 2376 6188Fax:(852) 2375 9626 STOCK CODE 118 CONDENSED CONSOLIDATED INCOME STATEMENT For the six months ended 30 June 2023 CONDENSED CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME For the six months ended 30 June 2023 CONDENSED CONSOLIDATED STATEMENT OF FINANCIAL POSITION At 30 June 2023 CONDENSED CONSOLIDATED STATEMENT OF CHANGES IN EQUITY For the six months ended 30 June 2023 CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS For the six months ended 30 June 2023 NOTES TO THE CONDENSED CONSOLIDATED FINANCIAL STATEMENTS For the six months ended 30 June 2023 1. 1.GENERAL INFORMATION The Company is a public limited liability company domiciledand incorporated in Hong Kong and the shares of which arelisted on the Stock Exchange. The address of its registeredofficeis 10th Floor,Billion Plaza 2,No.10 Cheung YueStreet, Cheung Sha Wan, Kowloon, Hong Kong. 10210 Theprincipal activities of the Group are(i)trading ofindustrialconsumables;(ii)processing and manufacturingofplastic products;(iii)manufacturing of machinery;and(iv) processing and trading of printed circuit boards. (i)(ii)(iii)(iv) Thisunaudited condensed consolidated interim financialinformationis presented in Hong Kong dollars,unlessotherwise stated. T h e s eu n a u d i t e d c o n d e n s e d c o n s o l i d a t e d f i n a n c i a lstatements were approved by the Board on 24 August 2023. Thisunaudited condensed consolidated interim financialinformation has been reviewed by the Audit Committee. 2. 2.BASIS OF PREPARATION AND ACCOUNTINGPOLICIES 34 This interim financial report has been prepared in accordancewith the applicable disclosure provisions of the Listing Rulesand Hong Kong Accounting Standards (“HKAS”) 34, InterimFinancial Reporting, issued by the Hong Kong Institute ofCertified Public Accountants (“HKICPA”). 3 Theseinterim financial statements have been prepared inaccordance with the accounting policies which are consistentwiththose adopted in the Group’s annual consolidatedfinancial statements for the year ended 31 December 2022.The amendments to standards adopted by the Group in thecurrent period are set out in Note 3 below. 2. 2.BASIS OF PREPARATION AND ACCOUNTINGPOLICIES(CONTINUED) The information in this interim financial report is unauditedand does not constitute statutory financial statements. Thefinancialinformation relating to the financial year ended31 December 2022 that is included in this interim financialreport as comparative information does not constitute theCompany’s statutory annual consolidated financial statementsforthat financial year but is derived from those financialstatements. Further information relating to these statutoryfinancial statements required to be disclosed in accordancewith Section 436 of the Companies Ordinance is as follows: 436 TheCompany has delivered the consolidated financialstatements for the year ended 31 December 2022 to theRegistrar of Companies as required by Section 662(3) of,and Part 3 of Schedule 6 to, the Companies Ordinance. 662(3)63 406(2)407(2)(3) The Company’s auditor has reported on those consolidatedfinancial statements. The auditor’s report was unqualified;didnot include a ref