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 2020 (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$") 190.23 million (six months ended 30 June 2019: approximately HK$6.21 million) which is primarily attributable to the change in fair value of financial assets at fair value through profit or loss of approximately HK$207.54 million (six months ended 30 June 2019: approximately HK$24.25 million) netted off by the general and administrative expenses of approximately HK$6.65 million (six months ended 30 June 2019: approximately HK$7.73 million) incurred during the Period. For the Period, the interest income of the Group was approximately HK$0.10 million (six months ended 30 June 2019: approximately HK$0.06 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$207.54 million (six months ended 30 June 2019: approximately HK$24.25 million). The general and administrative expenses of the Group for the Period were approximately HK$6.65 million (six months ended 30 June 2019: approximately HK$7.73 million), the decrease was mainly resulted from the decrease in legal and professional fees incurred during the Period. The Group's net asset value increased to approximately HK$1,987.45 million as at 30 June 2020 (31 December 2019: approximately HK$1,798.48 million), with earnings per share of approximately HK$6.55 cents (six months ended 30 June 2019: approximately HK$0.21 cents).
