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    891   BMG906241002

TRINITY LIMITED

(891)
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Trinity : Preliminary Results Announcement for the year 2020

04/15/2021 | 05:57am EST

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

TRINITY LIMITED

利 邦 控 股 有 限 公 司 *

(Provisional Liquidators Appointed)

(For Restructuring Purposes Only)

(Incorporated in Bermuda with limited liability)

(Stock Code: 891)

PRELIMINARY RESULTS ANNOUNCEMENT FOR THE YEAR 2020

This announcement is made by Trinity Limited (the "Company", together with its subsidiaries, the "Group") in accordance with Rule 13.09 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules") and Inside Information Provisions (as defined in the Listing Rules) under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).

Important Notes: The financial data for the year ended 31 December 2020 ("FY2020") contained in this announcement is only preliminary accounting data which has not been audited by an external auditor and may be different from the final data to be disclosed in the annual report of the Company for FY2020. Investors are cautioned about the potential risks in their investment.

Based on recent communications with the auditor, HLB Hodgson Impey Cheng Limited, the Company expects that the announcement in relation to the preliminary results of the Group for FY2020 will be published on or before 30 June 2021.

The content of this announcement has been reviewed and agreed by the members of the audit committee of the Company.

Major Financial Data and Indicators for FY2020

2020

2019

HK$'000

HK$'000

Change in

Item

(unaudited)

(audited)

%

Revenue

866,325

1,962,226

(55.8%)

Gross profit

585,574

1,308,061

(55.2%)

(Loss)/profit for the year

(226,359)

50,353

N/A

(Loss)/profit for the year attributable to

shareholders of the Company

(226,359)

50,353

N/A

Basic (loss) /earnings per share attributable to

shareholders of the Company

(expressed in HK cents per share)

(6.3) cents

1.4 cents

N/A

- 1 -

Major Financial Data and Indicators for FY2020 (cont'd)

As at the

As at the

end of

beginning of

this reporting

this reporting

period

period

HK$'000

HK$'000

Change in

Item

(unaudited)

(audited)

%

Total assets

5,688,068

5,970,215

(4.7%)

Total liabilities

(1,789,418)

(1,968,456)

(9.1%)

Net Assets

3,898,650

4,001,759

(2.6%)

Capital and reserves attributable to

shareholders of the Company

3,898,650

4,001,759

(2.6%)

Share capital

359,832

359,832

-

Note: The above data is based on the data of the unaudited consolidated financial statements of the Company.

SUSPENSION OF TRADING

At the request of the Company, trading in the shares of the Company on The Stock Exchange of Hong Kong Limited has been suspended since 9:00 a.m. on 1 April 2021 and will remain in suspension until further notice.

Shareholders of the Company and potential investors should accordingly exercise caution when dealing in the shares of the Company.

By Order of the Board

QIU Yafu

Chairman

Hong Kong, 15 April 2021

As at the date of this announcement, the Board comprises three executive directors, namely Ms SUN Weiying (Chief Executive Officer), Ms QIU Chenran and Ms SU Xiao; one non-executive director, namely Mr QIU Yafu (Chairman); and three independent non-executive directors, namely Mr YANG Dajun, Mr ZHAO Zongren and Mr KONG Xiangyong.

The Directors jointly and severally accept full responsibility for the accuracy of the information contained in this announcement and confirm, having made all reasonable enquiries, that to the best of their knowledge, opinions expressed in this announcement have been arrived at after due and careful consideration and there are no other facts not contained in this announcement, the omission of which would make any statements in this announcement misleading.

* For identification purposes only

- 2 -

Disclaimer

Trinity Ltd.  published this content on 15 April 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 April 2021 09:56:07 UTC.


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Financials
Sales 2019 1 962 M 252 M 252 M
Net income 2019 50,4 M 6,47 M 6,47 M
Net Debt 2019 120 M 15,4 M 15,4 M
P/E ratio 2019 16,5x
Yield 2019 -
Capitalization 151 M 19,4 M 19,4 M
EV / Sales 2018 0,58x
EV / Sales 2019 0,48x
Nbr of Employees 1 402
Free-Float 81,3%
Chart TRINITY LIMITED
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Trinity Limited Technical Analysis Chart | 891 | BMG906241002 | MarketScreener
Income Statement Evolution
Managers and Directors
Wei Ying Sun Chief Executive Office & Executive Director
Paul David Haouzi President
Ya Fu Qiu Chairman
Agnes Shen Chief Operating Officer
Chi Wai Yeung Group Chief Compliance Officer
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