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 2021 (the "Period"). The interim results for the Period have been reviewed by the audit committee of the Company and BDO Limited, the auditor of the Company.
For the Period, the Group recorded a loss of approximately Hong Kong Dollars ("HK$") 128.15 million (six months ended 30 June 2020: profit of approximately HK$190.23 million) which is primarily attributable to the net valuation losses in fair value of financial assets at fair value through profit or loss of approximately HK$120.55 million (six months ended 30 June 2020: net gains of approximately HK$207.54 million) netted off by the general and administrative expenses of approximately HK$6.13 million (six months ended 30 June 2020: approximately HK$6.65 million) incurred during the Period. For the Period, the interest income of the Group was approximately HK$0.07 million (six months ended 30 June 2020: approximately HK$0.10 million). The Group's net valuation losses in fair value of financial assets at fair value through profit or loss for the Period amounted to approximately HK$120.55 million (six months ended 30 June 2020: net gains of approximately HK$207.54 million). The general and administrative expenses of the Group for the Period were approximately HK$6.13 million (six months ended 30 June 2020: approximately HK$6.65 million), the decrease was mainly resulted from the decrease in auditor's remuneration, legal and professional fee and others expenses.
The Group's net asset value decreased to approximately HK$1,717.80 million as at 30 June 2021 (31 December 2020: approximately HK$1,845.95 million), with loss per share of approximately HK$4.42 cents (six months ended 30 June 2020: earnings per share of approximately HK$6.55 cents).
