FINANCIAL SUMMARY |
For the year ended 31 December
RESULTS | 2022 RMB'000 |
2021 RMB'000 (restated) |
2020 RMB'000 (restated) |
2019 RMB'000 (restated) |
2018 RMB'000 (restated) |
Revenue | 409,886 | 688,452 | 515,851 | 532,725 | 294,463 |
Profit before taxation | 68,496 | 128,045 | 99,140 | 112,345 | 68,302 |
Income tax | (19,297) | (42,960) | (21,883) | (31,342) | 26,410 |
Profit from continuing operations | 49,199 | 85,085 | 77,257 | 81,003 | 94,712 |
Profit from discontinued Sui-Yue Expressway operation, net of tax | 37,715 | 49,219 | - | - | - |
Profit for the year | 86,914 | 134,304 | 77,257 | 81,003 | 94,712 |
Attributable to: | |||||
Equity shareholders of the Company | 49,028 | 86,426 | 65,722 | 56,738 | 77,630 |
Non-controlling interests | 37,886 | 47,878 | 11,535 | 24,265 | 17,082 |
Profit for the year | 86,914 | 134,304 | 77,257 | 81,003 | 94,712 |
At 31 December | |||||
ASSETS AND LIABILITIES | 2022 RMB'000 |
2021 RMB'000 (restated) |
2020 RMB'000 (restated) |
2019 RMB'000 (restated) |
2018 RMB'000 (restated) |
Total assets | 1,955,952 | 1,908,017 | 1,784,493 | 1,828,307 | 1,983,225 |
Total liabilities | 1,152,922 | 1,189,941 | 1,096,233 | 1,206,010 | 1,395,063 |
803,030 | 718,076 | 688,260 | 622,297 | 588,162 | |
Attributable to: | |||||
Equity shareholders of the Company | 518,168 | 471,587 | 518,015 | 461,327 | 452,992 |
Non-controlling interests | 284,862 | 246,489 | 170,245 | 160,970 | 135,170 |
803,030 | 718,076 | 688,260 | 622,297 | 588,162 |
As set out in note 1(c)(ii) to the financial statements, the Group had changed its presentation currency from HKD to RMB for the presentation of its financial statements for the year ended 31 December 2022. The change of presentation currency will be applied retrospectively. The comparative figures for the years ended 31 December 2021, 2020, 2019 and 2018 have been restated in RMB.
The Sui-Yue Expressway segment owned and operated by Hunan Daoyue Expressway Industry Co., Ltd. (湖南道岳高速公路實業有限公司, “Daoyue”) was not previously classified as held-for-sale or a discontinued Sui-Yue Expressway operation. The comparative consolidated statement of profit or loss for the year ended 31 December 2021 has been re-presented to show the discontinued Sui-Yue Expressway operation separately from continuing operations. For the interests of the shareholders of the Company (the “Shareholders”), the results for the years ended 31 December 2020, 2019 and 2018 are not restated in this respect.