CHINAITS：AUDITEDANNUALRESULTSANNOUNCEMENTFORTHEYEARENDED31DECEMBER2019.pdf

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1、 1 Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement,make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in rel

2、iance upon the whole or any part of the contents of this announcement.China ITS(Holdings)Co.,Ltd.中 国 智 能 交 通 系 统(控 股)有 限 公 司(Incorporated in the Cayman Islands with limited liability)(Stock code:1900)AUDITED ANNUAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED 31 DECEMBER 2019HIGHLIGHTS OF AUDITED 2019 AN

3、NUAL RESULTSAs of 31 December 2019(the“Year”or the“2019”),audited results of China ITS(Holdings)Co.,Ltd.(the“Company”)and its subsidiaries(collectively the“Group”)are as follows:TheGrouprecordedRMB1,001.0millionfromthenewcontractssigned,representingadecreaseof12.8%comparedtothepreviousyear.Revenueof

4、RMB1,033.2millionwasgenerated,representinganincreaseof11.8%comparedtothepreviousyear.Asof31December2019,theGrouprecordedRMB840.1millionfrombacklog,representingadecreaseof14.1%comparedtotheendofthepreviousyear.TheGroupgeneratedgrossprofitofRMB206.6million,whichincreasedby25.5%comparedtothepreviousyea

5、r,andrecordedgrossprofitmarginof20.0%,representinganincreaseof2.2percentagepointscomparedtothepreviousyear.ThelossattributabletoownersoftheparentoftheCompanyamountedtoRMB44.2millionascomparedtothelossofRMB116.3millionforthepreviousyear.AlthoughtheGroupsrailwaybusinessrecordedalossofRMB71.0millionfor

6、theYear,includingtheimpairmentlossofthebusiness,theGroupsfinancialperformancefortheYearwasstillbetterthanthepreviousyear,mainlyattributabletothefollowingfactors:(i)theprofitofCEECGLOBALLIMITED,whichwasacquiredbytheGroupin2019,thefinancialresultsofwhichwereconsolidatedintotheGroupsfinancialstatements