Financial Performance - The company achieved a significant revenue increase, reporting HKD 1,194,070,000 for the fiscal year, up from HKD 647,950,000 in the previous year, marking a growth of approximately 84.4%[8] - The company recorded a substantial loss before tax of HKD 1,509,180,000, compared to a loss of HKD 60,950,000 in the prior year, indicating a significant deterioration in financial performance[9] - The company reported a pre-tax loss of HKD 1,509,180,000 for the year, a significant increase of approximately 2,376.1% from a loss of HKD 60,950,000 in the previous year, primarily due to impairment losses on intangible assets and exploration assets[28] - The total comprehensive loss for the year was HKD 1,543,667,000, compared to HKD 129,757,000 in the previous year, indicating a substantial increase in losses[170] - Basic and diluted loss per share was HKD 116, compared to HKD 5 in the previous year, reflecting a significant decline in profitability[168] - The group reported a loss attributable to owners of approximately HKD 1,475,433,000 for the year ended March 31, 2020[154] - The company reported a net loss of HKD 1,475,433 thousand for the year 2020, compared to a loss of HKD 61,730 thousand in 2019, indicating a substantial increase in losses[176] Impairment and Asset Management - Impairment losses on intangible assets related to mining rights in Russia amounted to HKD 165,320,000, while exploration and evaluation asset impairment losses increased to HKD 1,170,700,000[9] - The impairment testing of exploration and evaluation assets and other intangible assets is significant, with balances of approximately HKD 1,098,295,000 and HKD 138,970,000 respectively as of March 31, 2020[158] - The company recorded an impairment loss on exploration and evaluation assets of HKD 1,170,703 thousand in 2020, compared to HKD 58,699 thousand in 2019, marking a substantial increase in impairment[178] Revenue and Cost Analysis - The company’s total revenue is derived entirely from the sale of gasoline and related petroleum products, which accounted for 100.0% of revenue in the review year, up from approximately 99.1% in the previous year[53] - The cost of sales increased to HKD 1,184,857,000 from HKD 643,370,000, resulting in a gross profit of HKD 9,208,000, up from HKD 4,581,000[168] - The gross profit margin for the trading business was approximately 0.8%, showing a slight improvement from about 0.7% in the previous year[53] - Sales and distribution costs increased from HKD 1,090,000 to HKD 2,270,000, consistent with the growth in gasoline trading business revenue[23] - Administrative and other expenses rose from HKD 19,320,000 to HKD 24,250,000, influenced by legal costs and currency exchange losses due to the depreciation of the Russian Ruble[24] Financing and Capital Structure - The company successfully completed a placement of 241,695,104 new shares, raising net proceeds of HKD 47,070,000, demonstrating its ability to attract new investors[10] - The company raised approximately HKD 47,070,000 from the placement of 241,695,104 new shares at a price of HKD 0.20 per share, primarily to repay loans of HKD 43,950,000[38] - The company aims to improve its net debt situation by seeking further loan capitalization opportunities with major creditors[15] - The company is actively seeking opportunities for loan capitalization and potential equity financing to enhance its financial position[39] - The company has secured financing agreements providing up to approximately USD 135,560,000 (about HKD 1,057,366,000) for ongoing financial support[190] Operational Challenges - The company is facing challenges due to global economic uncertainties, with forecasts predicting a contraction in global economic growth of 3% to 5%[13] - The ongoing challenges from the US-China trade war and the COVID-19 pandemic may impact the company's operations and coal prices, creating uncertainty in the global economic recovery[34] - The company is sensitive to changes in government policies and regulations in South Korea, where its trading operations are concentrated[47] - The company faces significant risks related to reliance on a small number of customers and suppliers, which could materially impact its business if support is not maintained[47] Corporate Governance - The company has a strong emphasis on corporate governance, with multiple committees in place to oversee audit, remuneration, and nominations[81] - The board consists of six members, including two executive directors and four independent non-executive directors, ensuring a balance of power[119] - The company emphasizes high standards of corporate governance and transparency to protect shareholder interests[115] - The board is responsible for approving and monitoring the company's overall strategy and financial performance[122] - The company has maintained a commitment to compliance with the Securities and Futures Ordinance, ensuring that all necessary disclosures are made[87] Environmental Commitment - The company is evaluating the environmental impact of open-pit mining in certain areas of its operations, indicating a commitment to sustainable practices[10] - The company is committed to complying with environmental protection laws and regulations during its mining operations to minimize environmental impact[37] - The company is focused on environmental sustainability and has implemented various measures to promote recycling and reduce waste[101] Employee and Management Development - The company encourages employees to participate in external seminars and professional development training to adapt to the changing business environment[102] - The management team includes experienced professionals with backgrounds in finance, accounting, and corporate governance, enhancing the company's operational capabilities[85] Shareholder Information - The company did not recommend the distribution of any dividends for the year ended March 31, 2020, consistent with the previous year[60] - The top five customers accounted for approximately 28% of the total revenue for the year, down from 36% in the previous year, with the largest customer contributing about 7.1%[69] - The top five suppliers represented approximately 67.3% of total procurement for the year, a decrease from 73% in the previous year, with the largest supplier accounting for about 16.2%[69]

中期報告 僅供識別 公司資料 董事 執行董事 Jo Sang Hee先生 （主席） 獨立非執行董事 陳岱女士 郭劍雄先生 Lee Sungwoo先生 法定代表 Jo Sang Hee先生 審核委員會 郭劍雄先生 （主席） 陳岱女士 Lee Sungwoo先生 薪酬委員會 Lee Sungwoo先生 （主席） 陳岱女士 郭劍雄先生 提名委員會 Jo Sang Hee先生 （主席） 陳岱女士 郭劍雄先生 核數師 晉華會計師事務所有限公司 主要往來銀行 香港上海滙豐銀行有限公司 註冊辦事處 Cricket Square Hutchins Drive P.O. Box 2681 Grand Cayman KY1-1111 Cayman Islands 總辦事處及香港主要營業地點 香港 銅鑼灣 謝斐道414-424號 中望商業大廈15樓A及B室 股份過戶登記總處 Codan Trust Company (Cayman) Limited Cricket Square Hutchins Drive P.O. Box 2681 Grand Cayman KY1-1111 Cayman Islands 股份過戶登記處香港分處 ...

SIBERIAN MINING GROUP COMPANY LIMITED 西伯利亞礦業集團有限公 司* （於開曼群島註冊成立之有限公司） （股份代號 :1142） 西伯利亞礦業集團有限公司 1 二零一九年年報 公司資料 董事 執行董事 Jo Sang Hee先生 （主席） Ahn Kibaek先生（於二零一八年十二月二十日辭任） 申旻澈先生（於二零一八年四月八日辭任） 獨立非執行董事 2019 年報 僅供識別 目錄 | 公司資料 | 2 | | --- | --- | | 主席報告 | 3 | | 管理層討論與分析 | 6 | | 董事會報告書 | 13 | | 企業管治報告 | 22 | | 獨立核數師報告書 | 29 | | 綜合損益表 | 33 | | 綜合損益及其他全面收入表 | 34 | | 綜合財務狀況表 | 35 | | 綜合權益變動表 | 37 | | 綜合現金流量表 | 38 | | 財務報表附註 | 40 | | 財務概要 | 124 | 陳岱女士 郭劍雄先生 Lee Sungwoo先生 公司秘書 黃雅麗女士（於二零一八年八月二十一日獲委任 及於二零一八年十一月十三日辭任） 法定代表 J ...