Share This

Public company info - Unity Group Holdings International Limited , 01539.HK
Input the stock code or the company name     Search  
 
 Profile   Information   Data   Financial Ratios   Profit Loss   Cash Flow   Balance   Earnings   Dividend 

Unity Group Holdings International Limited, 01539.HK - Company Profile
Chairman Wong Man Fai Mansfield
Share Issued (share) 663,000,000
Par Currency Hong Kong Dollar
Par Value 0.01
Industry Environmental Goods
Corporate Profile Business Summary: The Group is principally engaged in the provision of leasing services of energy saving systems, trading of energy saving products and provision of consultancy service. Performance for the year: The Group’s revenue decreased by 57.5% from approximately HK$126.5 million for the year ended 31 March 2020 to approximately HK$53.8 million for the year ended 31 March 2021. The Group’s gross profit decreased by 62.3% from approximately HK$70.1 million for the year ended 31 March 2020 to approximately HK$26.4 million for the year ended 31 March 2021. The Group’s loss attributable to owners of the Company amounted to approximately HK$109.8 million for the year ended 31 March 2020 while the Group’s loss attributable to owners of the Company amounted to approximately HK$279.8 million for the year ended 31 March 2021. The Group’s adjusted profit attributable to owners of the Company excluding some major extraordinary or non-operating income and expenses decreased by 339.7% from approximately HK$16.1 million for the year ended 31 March 2020 to approximately HK$38.5 million loss for the year ended 31 March 2021. Basic or diluted loss per share was approximately HK20.0 cents for the year ended 31 March 2020 while basic or diluted loss per share was approximately HK45.6 cents for the year ended 31 March 2021. Business Review The total revenue of the Group was approximately HK$53.8 million for the year ended 31 March 2021, representing a decrease of approximately 57.5% as compared to that for the year ended 31 March 2020. The decrease in revenue was due to the drop in customer demand and the delays in delivery of products as the customers and the distributors were adversely affected by the negative economic effects from the escalating uncertainty in the international trade policy, the global financial conditions, and the outbreak of COVID-19 during the period. Gross profit margin decreased to approximately 49.0% for the year ended 31 March 2021 compared to approximately 55.4% for the year ended 31 March 2020. Other income and gains for the year ended 31 March 2021 of approximately HK$19.7 million mainly included the currency exchange gain of HK$15.4 million and the Government grants of Enterprise Support Scheme approximately HK$1.5 million. While the other income and gains for the year ended 31 March 2020 of approximately HK$5.2 million mainly included the gain on write off deposit received of approximately HK$3.5 million. The increase was mainly due to the increase in unrealised foreign exchange gain derived from the revaluation of balances in foreign currencies mainly as a result of the appreciation of Indonesian rupiah against Hong Kong dollar as at period end date. Prospects: The Group expects the operating environment in 2021 and the near future to remain challenging. The instability in the global economy and political environment is increasing with the rising global tensions and intensifying climate risks. The Sino-US trade dispute has given rise to uncertainty in China’s economic development and new challenges at macroeconomic level. On the other hand, there is intensified competition with other energy service companies with increasing number of competitors in the Asia-Pacific region. Although the global environment remains difficult and unstable, countries across the globe are determined to take active and prudent efforts to resolve the global energy crisis and problems posed by climate change. The Group will strive to maintain its performance in its core business to generate recurring and stable income while undertake business expansion in accelerating the company growth.

Information from the financial statements of listed companies

Mobile | Full
Forum rule | About Us | Contact Info | Terms & Conditions | Privacy Statment | Disclaimer | Site Map
Copyright (C) 2024Suntek Computer Systems Limited. All rights reserved
Disclaimer : In the preparation of this website, 88iv endeavours to offer the most current, correct and clearly expressed information to the public. Nevertheless, inadvertent errors in information and in software may occur. In particular but without limiting anything here, 88iv disclaims any responsibility and accepts no liability (whether in tort, contract or otherwise) for any direct or indirect loss or damage arising from any inaccuracies, omissions or typographical errors that may be contained in this website. 88iv also does not warrant the accuracy, completeness, timeliness or fitness for purpose of the information contained in this website.