1、2020InterIm report中 期 報 告InterIm report 2020 中 期 報 告Bay Area Gold Group Limited 灣 區 黃 金 集 團 有 限 公 司(Incorporated in the Cayman Islands and continued in Bermuda with limited liability)Stock code 股份代號:1194(於開曼群島註冊成立並於百慕達存續之有限公司)Bay Area Gold Group Limited灣 區 黃 金 集 團 有 限 公 司Chairmans Statement2-3主席報告Un
2、audited Interim Condensed Consolidated Financial Statements4-66未經審核之中期簡明綜合財務報表Independent Auditors Review Report67-69獨立核數師之審閱報告Management Discussion And Analysis70-86管理層討論及分析Other Information87-93其他資料Corporate Information94-96公司資料Contents 目錄2Bay area Gold Group limitedinterim report 2020CHAIRMANS ST
3、ATEMENT主席報告Dear Shareholders,On behalf of the Board,I am glad to present to our shareholders the interim report of the Group for the six months ended 30 June 2020.From the prospective of global environment,COVID-19 pandemic has been the main influence on the gold market since the beginning of the 20
4、20.The market lockdown and a squeeze on income severely weakened consumer demand while provided support for gold investment.The record inflows into gold-backed exchange-traded funds offset the weak consumer performance.Gold had a remarkable performance,with the gold price increased by approximately
5、17%,in the first half of 2020.The Group continued to focus on mine development and reserving converted exploration business during the year under review.During the reporting period,the Groups revenue increased by 88%to HK$629 million(2019:HK$335 million).The increase in revenue is mainly arisen from
6、 the increase in trading of metals and minerals and increase in gold price during the reporting period.Whist the Groups total gold production slightly reduced by 3%during the first half of 2020 as the production was affected by the lockdown and restrictions measures in the PRC caused by the pandemic