The board of directors (the "Board" or "Directors") of China Development Bank International Investment Limited (the "Company") announces the unaudited interim results of the Company and its subsidiaries (collectively the "Group") for the six months ended 30 June 2019 (the "Period"). The interim results for the Period have been reviewed by the audit committee of the Company and PricewaterhouseCoopers, the auditor of the Company.
For the Period, the Group recorded a profit of approximately Hong Kong Dollars ("HK$") 6.21 million (six months ended 30 June 2018: approximately HK$110.23 million) which is primarily attributable to the change in fair value of financial assets at fair value through profit or loss of approximately HK$24.25 million (six months ended 30 June 2018: approximately HK$122.88 million) netted off by the general and administrative expenses of approximately HK$7.73 million (six months ended 30 June 2018: approximately HK$4.10 million) incurred during the Period.
For the Period, the interest income of the Group was approximately HK$0.06 million (six months ended 30 June 2018: approximately HK$0.02 million). The Group’s gain in fair value of financial assets at fair value through profit or loss for the Period amounted to approximately HK$24.25 million (six months ended 30 June 2018: approximately HK$122.88 million). The general and administrative expenses of the Group for the Period were approximately HK$7.73 million (six months ended 30 June 2018: approximately HK$4.10 million), mainly resulted from the increase in legal and professional fees and employee benefits expenses incurred during the Period. The Group’s net asset value increased to approximately HK$1,629.86 million as at 30 June 2019 (31 December 2018: approximately HK$1,623.94 million), with earnings per share of approximately HK0.21 cents (six months ended 30 June 2018: approximately HK3.80 cents).
