E-COMMODITIES：2018ANNUALREPORT.pdf

1、年報 2018Annual Report 2018年報讓大宗商品交易更 容 易EASIERTo MakeCommodity BusinessAnnual Report 2018股份代號：1733Chairmans Statement 2Management Discussions and Analysis of 4 Financial Conditions and Operating ResultsProfile of Directors and Senior Management 23Corporate Governance Report 27Report of the Directors

2、39Independent Auditors Report 53Consolidated Statement of Profit or Loss 61Consolidated Statement of Profit or Loss and 63 Other Comprehensive IncomeConsolidated Statement of Financial Position 64Consolidated Statement of Changes in Equity 66Consolidated Cash Flow Statement 68Notes to the Financial

3、Statements 70Definitions 174Five-Year Financial Summary 178Company Information 179CONTENTS2E-COMMODITIES HOLDINGS LIMITEDANNUAL REPORT 2018Chairmans StatementDear shareholders and colleagues,As we announce the annual results of E-Commodities Holdings Limited(“E-Commodities”)for 2018,I would like to

4、take the opportunity to express my heartfelt gratitude for your continued support over the years and confidence in our future development.We will strive to create more value for all of our shareholders and employees in the coming years.In 2018,the Company continued to enjoy stable growth by entering

5、 into new markets and expanding into more categories of commodities.As a result,the Company recorded a net profit of HK$893 million,closely matching the strong results from the previous two years.The Company witnessed strong cooperation and synergies among its four major business segments,i.e.supply

6、 chain trading business,supply chain logistics,clean raw materials processing and internet intelligent platform.The Company continues to put efforts into upgrading its logistics infrastructure and management methods in order to improve the efficiencies and reduce costs.Container transportation busin