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For the fiscal year ended 31 December 2019, Lamtex Holdings Ltd revenues decreased 42% to HK$98.1M. Net loss increased from HK$59.8M to HK$294.3M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Higher net loss reflects Administrative expenses increase of 81% to HK$89.7M (expense), Interest expense increase from HK$773K to HK$2.7M (expense).
Period Ending: | Dec 31, 2019 | Jun 30, 2019 | Dec 31, 2018 | Jun 30, 2018 |
---|---|---|---|---|
Total Revenue | 98.13 | 27.25 | 104.4 | 64.93 |
Gross Profit | 24.1 | 3.77 | 19.32 | 8.66 |
Operating Income | -65.07 | -31.56 | -31 | -7.17 |
Net Income | -294.27 | -24.42 | -53.22 | -6.62 |
Period Ending: | Dec 31, 2019 | Jun 30, 2019 | Dec 31, 2018 | Jun 30, 2018 |
---|---|---|---|---|
Total Assets | 539.89 | 704.76 | 659.9 | 713.22 |
Total Liabilities | 212.8 | 107.42 | 51.91 | 50.52 |
Total Equity | 327.1 | 597.34 | 608 | 662.7 |
Period Ending: | Dec 31, 2019 | Jun 30, 2019 | Dec 31, 2018 | Jun 30, 2018 |
---|---|---|---|---|
Period Length: | 0 Months | 6 Months | 0 Months | 0 Months |
Cash From Operating Activities | -51.23 | -55.06 | -71.45 | |
Cash From Investing Activities | -3.48 | -39.57 | -30.53 | |
Cash From Financing Activities | 48.75 | 69.76 | 69.76 | |
Net Change in Cash | -2.38 | -23.54 | -34.86 |
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