Announcement of Annual Results for the Year Ended 31 December 2020
Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement. (incorporated in theCayman Islandswith limitedliability) (Stock Code:01333) ANNOUNCEMENT OF ANNUAL RESULTS FOR THE YEAR ENDED 31 DECEMBER 2020 GROUP FINANCIAL HIGHLIGHTS 2020 2019 RMB’000 RMB’000 Revenue 20,401,559 23,583,699 Gross profit 5,936,479 7,104,387 EBITDA (Note 1) 6,358,255 6,658,952 Profit for the year 1,837,884 3,178,288 Earnings per share (RMB) (Note 2) 0.25 0.43 Total equity attributable to equity shareholders of the Company 36,364,367 34,505,173 Notes: 1. EBITDA= Profit before taxation + finance costs + depreciation of property, plant and equipment + depreciation of right-of-use assets + depreciation of investment property + amortisation of other intangible assets 2. Earnings per share is calculated based on the profit attributable to equity shareholders of the Company for each of the years ended 31 December 2020 and 2019 and on the weighted average number of ordinary shares, convertible preference shares and share options during that year. * For identification purposes only – 1 – ANNUAL RESULTS The board (the “Board”) of directors (the “Directors”) of China Zhongwang Holdings Limited (the “Company”) is pleased to announce the audited consolidated results of
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