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 2024 (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 HK$124.23 million (six months ended 30 June 2023: loss of approximately HK$48.15 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$124.41 million (six months ended 30 June 2023: net losses of approximately HK$53.56 million) and the general and administrative expenses of approximately HK$4.06 million (six months ended 30 June 2023: approximately HK$4.82 million) incurred during the Period. For the Period, the interest income of the Group was approximately HK$0.96 million (six months ended 30 June 2023: approximately HK$0.27 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$124.41 million (six months ended 30 June 2023: net loss of approximately HK$53.56 million). The general and administrative expenses of the Group for the Period were approximately HK$4.06 million (six months ended 30 June 2023: approximately HK$4.82 million). The Group’s net asset value decreased to approximately HK$1,018.11 million as at 30 June 2024 (31 December 2023: approximately HK$1,142.33 million), with loss per share of approximately 4.28 HK cents (six months ended 30 June 2023: loss per share of approximately 1.66 HK cents).
