澳亚集团中期报告2024

Contents 2Corporate Information7Locations of Production Units8Highlights12Management Discussion and Analysis37Corporate Governance and Other Information52Condensed Consolidated Statement of Profit or Loss andOther Comprehensive Income54Condensed Consolidated Statement of Financial Position56Condensed Consolidated Statement of Changes in Equity58Condensed Consolidated Statement of Cash Flows60Notes to Condensed Consolidated Financial Statements93Definitions and Glossary Corporate Information BOARD OF DIRECTORS Executive Directors Edgar Dowse COLLINS Mr. TAN Yong Nang (Executive Chairman)Mr. Edgar Dowse COLLINS (Chief Executive Officer)Mr. YANG Ku (Chief Operating Officer) Non-Executive Directors Tamotsu MATSUI202465Gabriella SANTOSA202465 Ms. GAO LinaMr. Tamotsu MATSUI (appointed on 5 June 2024)Ms. Gabriella SANTOSAMr. HIRATA Toshiyuki (retired on 5 June 2024) Independent Non-executive Directors Mr. SUN PatrickMr. CHANG Pan, PeterMr. LI Shengli COMPANY SECRETARIES Singapore LLB (Hons)(ACS, ACG)202492 Ms. CHUA Sook Ping Christina (LLB (Hons))Ms. CHENG Sai Hong (ACS, ACG) (resigned on 2 September 2024) Hong Kong Ms. HO Wing Nga (HKFCG (PE), FCG) HKFCG (PE), FCG AUTHORISED REPRESENTATIVES UNDER THELISTING RULES Mr. Edgar Dowse COLLINSMs. CHUA Sook Ping Christina Edgar Dowse COLLINS Corporate Information BOARD COMMITTEES Audit Committee Tamotsu MATSUI202465202465 Mr. SUN Patrick (Chairman)Mr. CHANG Pan, PeterMr. Tamotsu MATSUI (appointed on 5 June 2024)Mr. HIRATA Toshiyuki (retired on 5 June 2024) Remuneration Committee Gabriella SANTOSA Mr. CHANG Pan, Peter (Chairman)Ms. Gabriella SANTOSAMr. SUN Patrick Nomination Committee Mr. TAN Yong Nang (Chairman)Mr. LI ShengliMr. SUN Patrick ESG ESG Committee Mr. Edgar Dowse COLLINS (Chairman)Mr. YANG KuMr. LI Shengli Edgar Dowse COLLINS Independent Board Committee Mr. SUN Patrick (Chairman)Mr. CHANG Pan, PeterMr. LI Shengli PRINCIPAL BANKS 12 Marina Boulevard Level 45Marina Bay Financial Centre Tower 3Singapore 018982 DBS Bank Ltd12 Marina Boulevard Level 45Marina Bay Financial Centre Tower 3Singapore 018982 131818200120 DBS Bank (China) Limited, Shanghai Branch18th Floor, DBS Bank Tower1318 Lu Jia Zui Ring Road, Pudong New DistrictShanghai 200120, China 5014101 PT Bank Mandiri (Persero) TBK Shanghai BranchUnit 4101 Shanghai Tower501 Yin Cheng Zhong Road, Pudong New District,Shanghai, China Corporate Information 333603-04200120 Malayan Banking Berhad Shanghai BranchRoom 03-04, 6th Floor, BRICS TowerNo. 333 Lu Jia Zui Ring Road, Pudong New DistrictShanghai 200120, China 1161286602200120 United Overseas Bank (China) LimitedShanghai Pilot Free Trade Zone Sub-branchRoom 602, 6F, No. 116, 128 Yincheng Road,Pilot Free Trade ZoneShanghai 200120, China 9 China Construction Bank Corporation Co., Ltd.,Dongying Nonggao District Sub-branchNo. 9 Guangbei Road, Agricultural High-tech ZoneDongying City, Shandong Province, China China Citic Bank Corporation Limited, Dongying BranchNo. 128, Fuqian StreetDongying City, Shandong Province, China 128 LEGAL ADVISER AS TO LAWS OF THE PRC 81115100025 Global Law Office15th Floor, Tower 1, China Central PlaceNo. 81, Jianguo Road, Chaoyang DistrictBeijing 100025, China LEGAL ADVISER AS TO LAWS OF HONG KONG 126 WOO KWAN LEE & LO26th Floor, Jardine House1 Connaught Place, CentralHong Kong, China Corporate Information AUDITOR 97927 Ernst & Young(Certified Public Accountants and RegisteredPublic Interest Entity Auditor)27/F, One Taikoo Place979 King’s Road, Quarry BayHong Kong, China COMPLIANCE ADVISER 2920 Somerley Capital Limited20/F, China Building29 Queen’s Road CentralHong Kong, China HEADQUARTER AND REGISTERED OFFICE 400 Orchard Road#15-08, Orchard TowersSingapore 238875 400 Orchard Road#15-08, Orchard TowersSingapore 238875 PRINCIPAL PLACE OF BUSINESS IN CHINA 10 No. 10, Yongguan Road, Yongan Town, Kenli DistrictDongying City, Shandong Province, China PRINCIPAL PLACE OF BUSINESS IN HONG KONG 18346 46th Floor, Hopewell Centre,183 Queen’s Road EastWan Chai, Hong KongChina Corporate Information PRINCIPAL SHARE REGISTRAR Boardroom Corporate &Advisory Services Pte. Ltd.1 Harbourfront AvenueKeppel Bay Tower #14-07Singapore 098632 Boardroom Corporate & Advisory Services Pte. Ltd.1 Harbourfront AvenueKeppel Bay Tower #14-07Singapore 098632 HONG KONG SHARE REGISTRAR 183171712-1716 Computershare Hong Kong Investor Services LimitedShops 1712-1716, 17th FloorHopewell Centre, 183 Queen’s Road EastWan Chai, Hong KongChina 2425 STOCK CODE Stock Code: 2425 www.austasiadairy.com WEBSITE www.austasiadairy.com Locations of Production Units Highlights Note 1: Wedefine Cash EBITDA as loss for the periodexcluding(i)finance costs,(ii)interest income,(iii)income tax expense,(iv)depreciation andamortisation, (v) losses arising from changes in fairvalue less costs to sell of other biological assets, (vi)foreign exchange difference, (vii) impairment losseson financial assets, and (