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For the six months ended 30 June 2020, TitanPetrochemicals Group Limited revenues decreased 32% toHK$71.5M. Net loss decreased 90% to HK$12.2M. Revenuesreflect Trading of commodities segment decrease fromHK$31.3M to HK$0K, Shipbuilding, ship repairing andmanufacturing of steel stru segment decrease of 4% toHK$71.5M. Lower net loss reflects Trading of commoditiessegment loss decrease of 99% to HK$210K, Shipbuilding.
Period Ending: | Jun 30, 2020 | Dec 31, 2019 | Jun 30, 2019 | Dec 31, 2018 |
---|---|---|---|---|
Total Revenue | 71.55 | 149.15 | 105.58 | 39.11 |
Gross Profit | 18.68 | 18.41 | 8.23 | 11.27 |
Operating Income | 10.32 | 1860.73 | -16.51 | -1606.82 |
Net Income | -12.2 | 1767.41 | -120.12 | -1701.93 |
Period Ending: | Jun 30, 2020 | Dec 31, 2019 | Jun 30, 2019 | Dec 31, 2018 |
---|---|---|---|---|
Total Assets | 435.65 | 331.66 | 1534.62 | 1565.94 |
Total Liabilities | 1232.27 | 1183.99 | 3900.18 | 3804.23 |
Total Equity | -796.62 | -852.32 | -2365.56 | -2238.29 |
Period Ending: | Jun 30, 2020 | Dec 31, 2019 | Jun 30, 2019 | Dec 31, 2018 |
---|---|---|---|---|
Period Length: | 0 Months | 0 Months | 0 Months | 0 Months |
Cash From Operating Activities | -10.33 | 7.73 | -6.96 | -49.36 |
Cash From Investing Activities | -1.03 | -22.65 | 0 | 15.12 |
Cash From Financing Activities | 8.97 | 20.7 | -1.69 | -43.09 |
Net Change in Cash | -1.81 | -7.85 | -8.94 | -72.08 |
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