FINANCIAL SUMMARY
119
Karin Technology Holdings Limited
Annual Report 2016
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
2016
2015
2014
2013
2012
HK$’000
HK$’000 HK$’000 HK$’000 HK$’000
REVENUE
2,237,932
3,243,374 3,079,430 3,825,591 3,232,279
Cost of sales
(2,058,137)
(2,964,437) (2,866,479) (3,598,394) (3,042,052)
Gross profit
179,795
278,937 212,951 227,197 190,227
Other income and gains, net
5,756
4,594
7,483
8,851
13,718
Selling and distribution costs
(64,402)
(82,952)
(80,299)
(79,228)
(59,057)
Administrative expenses
(93,377)
(96,840)
(87,154)
(80,268)
(71,607)
Other expenses, net
(6,015)
(3,282)
(205)
2,992
4,688
Finance costs
(2,258)
(1,939)
(2,016)
(1,616)
(1,327)
Share of profit/(loss) of an associate
654
294
111
(38)
(49)
PROFIT BEFORE TAX
20,153
98,812
50,871
77,890
76,593
Income tax expense
(9,055)
(18,650)
(10,908)
(15,790)
(12,227)
PROFIT FOR THE YEAR
11,098
80,162
39,963
62,100
64,366
Profit for the year attributable to:
Owners of the Company
13,651
62,877
37,449
55,657
60,175
Non-controlling interests
(2,553)
17,285
2,514
6,443
4,191
11,098
80,162
39,963
62,100
64,366
Earnings Before Interest,
Tax, Depreciation and Amortisation
62,793
137,607
84,227
99,027
92,242
Core Profit After Tax (*)
18,601
80,921
38,732
57,915
51,596
(*)
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 losses/(gains) on financial asset at fair value through profit or loss;
–
fair value (gains)/losses on derivative financial instruments;
–
(gain)/loss on disposal of items of property, plant and equipment; and
–
loss/(gain) on disposal of a subsidiary.
