Summary by Moomoo AI
China Tin Chemical Group Limited (the “Company”) announces its unaudited interim financial statements for the six months ended 31 December 2013. During the period, the Company's revenue decreased by 74% to HK$24,733K from HK$95,983K in the same period last year, mainly due to a 73% decrease in revenue from continuing operations and a 100% decrease in revenue from discontinued operations. The loss for the period translated from HK$275,558 thousand in the same period last year to HK$85,592 thousand and the basic loss was HK$15.85 cents per share. THE BOARD OF DIRECTORS DECLARES NO INTERIM DIVIDEND (2022: NONE). The financial statements of the Company and its subsidiaries (the “Group”) show that, as at 31 December 2013, the Group had total assets of HK$677,116 thousand, total liabilities of HK$1,687,626 thousand and total losses and liabilities of HK$677,116 thousand. The Company's Board of Directors and management are closely monitoring the Group's liquidity and taking appropriate measures to ensure adequate financial resources to meet financial responsibilities.
