Annual Report 2015
Karin Technology Holdings Limited
115
FINANCIAL SUMMARY
FIVE YEAR FINANCIAL SUMMARY
A summary of the results and of the assets, liabilities and non-controlling interests of the Group for the last five financial
years, as extracted from the published audited financial statements is set out below. This summary does not form part
of the audited financial statements.
Year ended 30 June
2015
2014
2013
2012
2011
HK$’000
HK$’000 HK$’000 HK$’000 HK$’000
REVENUE
3,243,374
3,079,430 3,825,591 3,232,279 2,167,430
Cost of sales
(2,964,437)
(2,866,479) (3,598,394) (3,042,052) (1,998,094)
Gross profit
278,937
212,951 227,197 190,227 169,336
Other income and gains, net
4,594
7,483
8,851
13,718
15,422
Selling and distribution costs
(82,952)
(80,299)
(79,228)
(59,057)
(49,648)
Administrative expenses
(96,840)
(87,154)
(80,268)
(71,607)
(64,916)
Other expenses, net
(3,282)
(205)
2,992
4,688
(8,801)
Finance costs
(1,939)
(2,016)
(1,616)
(1,327)
(780)
Share of profit/(loss) of an associate
294
111
(38)
(49)
–
PROFIT BEFORE TAX
98,812
50,871
77,890
76,593
60,613
Income tax expense
(18,650)
(10,908)
(15,790)
(12,227)
(9,305)
PROFIT FOR THE YEAR
80,162
39,963
62,100
64,366
51,308
Profit for the year attributable to:
Owners of the Company
62,877
37,449
55,657
60,175
52,540
Non-controlling interests
17,285
2,514
6,443
4,191
(1,232)
80,162
39,963
62,100
64,366
51,308
Earnings Before Interest,
Tax, Depreciation and Amortization
137,607
84,227
99,027
92,242
72,104
Core Profit After Tax(*)
80,921
38,732
57,915
51,596
50,253
(*)
Profit for the year before the follows:
–
exchange (gain)/loss;
–
(reversal of impairment)/impairment of trade receivables;
–
(reversal of write-down)/write-down and write-off of obsolete inventories to net realizable value;
–
fair value loss on revaluation of land and buildings;
–
fair value losses/(gains) on investment properties;
–
fair value (gains)/losses on derivative financial instruments; and
–
(gain)/loss on disposal of items of property, plant and equipment.
