E-COMMODITIES：2019ANNUALREPORT.pdf

1、年報 2019Annual Report 2019年報Annual Report 2019股份代號：1733Chairmans Statement 2Management Discussions and Analysis of 4 Financial Conditions and Operating ResultsProfile of Directors and Senior Management 21Corporate Governance Report 26Report of the Directors 38Independent Auditors Report 50Consolidate

2、d Statement of Profit or Loss 56Consolidated Statement of Profit or Loss and 58 Other Comprehensive IncomeConsolidated Statement of Financial Position 59Consolidated Statement of Changes in Equity 61Consolidated Cash Flow Statement 63Notes to the Financial Statements 66Definitions 170Five-Year Finan

3、cial Summary 174Company Information 175CONTENTS2E-COMMODITIES HOLDINGS LIMITEDANNUAL REPORT 2019Chairmans StatementDear shareholders and colleagues,As we announce the annual results of the Company for 2019,I would like to take the opportunity to express my heartfelt gratitude for your continued supp

4、ort over the years and confidence in our future development.We will strive to create more value for all of our stakeholders in the coming years.In 2019,the Company sold a total of 21.9 million tonnes of coal,and recorded sales revenue of HK$30,052 million,gross profit of HK$1,217 million and net pro

5、fit of HK$313 million.Compared with 2018,affected by slowing down of global and domestic economic growth,overlapping with the influence of the trade war between China and the United States,and the changed China Customs Policies to imported coal,the gross profit margin per tonnage of imported coal wa

6、s eroded.However,with the efforts of all the employees,our business volume and market share remained stable.The bulk commodities involved in the supply chain trading segment include:coal,coke,iron ore,oil and petrochemical products,nonferrous metals and others.In addition to continuing to import the