Financial Highlights

Year ended 31 December
2015 2016 2017 2018 2019
RMB'000 RMB'000 RMB'000 RMB'000 RMB'000
Revenue 390,027 321,449 447,927 328,155 446,426
Cost of sales (224,619) (194,515) (277,302) (230,031) (358,697)
Gross profit 165,408 126,934 170,625 98,124 87,729
Other income and other gains/(loss), net 718 (4,023) 5,532 3,240 (359)
Distribution costs (38,695) (43,905) (66,737) (60,572) (84,764)
Administrative expenses (67,593) (67,020) (65,524) (75,290) (75,302)
Net impairment losses on financial assets (16,544) (38,315) (19,153) (24,238) 34,768
Operating profit/(Loss) 43,294 (26,329) 24,743 (58,736) (37,928)
Finance (costs)/income, net (931) 378 3,614 9,622 8,853
Share of profit of associates - - - 472 2,164
Profit/ (Loss) before income tax 42,363 (25,951) 28,357 (48,642) (26,911)
Income tax (expense)/credit (11,575) (2,548) (7,200) 230 (8,165)
Profit/(Loss) for the year 30,788 (28,499) 21,157 (48,412) (35,076)
Profit/(Loss) for the year attributable to:          
Owners of the company 30,788 (28,499) 21,157 (48,412) (35,076)
Non-controlling interests - - - - -
30,788 (28,499) 21,157 (48,412) (35,076)