Financial Highlights

Year ended 31 December
2020 2021 2022 2023 2024
RMB'000 RMB'000 RMB'000 RMB'000 RMB'000
Revenue 378,929 429,203 345,387 277,861 370,559
Cost of sales (300,932) (288,782) (241,526) (192,597) (246,682)
Gross profit 77,997 140,421 103,861 85,264 123,877
Other income and other gains/(loss), net 7,846 3,692 5,678 7,509 169
Distribution costs (73,486) (83,459) (77,594) (73,240) (72,310)
Administrative expenses (59,570) (68,675) (62,401) (63,211) (66,106)
Net (provision for)/reversal of impairment losses on financial assets 25,945 6,465 (29,769) 11,299 8,749
Operating profit/(loss) (21,268) (1,556) (60,225) (32,379) (5,621)
Finance income, net 10,022 14,169 14,940 10,552 10,164
Share of profit of associates 2,746 2,121 1,379 1,997 1,816
Share of profit of a joint venture 455 519 - 0 0
Profi/t(Loss) before income tax (8,045) 15,253 (43,906) (19,830) 6,359
Income tax (expense)/credit (9,199) (4,590) 3,118 (4,034) (1,946)
Profit/(Loss) attributable to owners of the Company for the year (17,244) 10,663 (40,788) (23,864) 4,413