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For the fiscal year ended 31 December 2020, ChineseFood and Beverage Group Ltd revenues decreased 18% toHK$14.8M. Net income totaled HK$6.8M vs. loss of HK$10.9M.Revenues reflect a decrease in demand for the Company'sproducts and services due to unfavorable market conditions.Net Income reflects Admin. and other operating expensesdecrease of 42% to HK$7.9M (expense), Selling anddistribution expenses decrease of 46% to HK$3.1M (expense).
Period Ending: | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 |
---|---|---|---|---|
Total Revenue | 2.7 | 2.39 | 4.49 | 5.22 |
Gross Profit | 0.82 | 0.66 | 1.79 | 2.03 |
Operating Income | 4 | 7.79 | -0.36 | -1.2 |
Net Income | 3.17 | 7.1 | -1.31 | -2.12 |
Period Ending: | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 |
---|---|---|---|---|
Total Assets | 47.43 | 45.62 | ||
Total Liabilities | 43.44 | 51.89 | ||
Total Equity | 4 | -6.27 |
Period Ending: | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 |
---|---|---|---|---|
Period Length: | 0 Months | 0 Months | 6 Months | 0 Months |
Cash From Operating Activities | 0.4 | |||
Cash From Investing Activities | -1.23 | |||
Cash From Financing Activities | 1.7 | |||
Net Change in Cash | 0.87 |
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