OKGTECH：ANNOUNCEMENTOFANNUALRESULTSFORTHEYEARENDED31MARCH2020.pdf

1、1Hong 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 relia

2、nce upon the whole or any part of the contents of this announcement.OKG Technology Holdings Limited 歐科雲鏈控股有限公司(Stock Code:1499)(Incorporated in the Cayman Islands with limited liability)ANNOUNCEMENT OF ANNUAL RESULTSFOR THE YEAR ENDED 31 MARCH 2020FINANCIAL HIGHLIGHTS Revenue of the Group for the Ye

3、ar was approximately HK$570.3 million,increased approximately 56.3%from HK$364.9 million for the year ended 31 March 2019.Revenue from foundation works and ancillary services for the Year was HK$325.4 million,representing an increase of 26.0%from the preceding year.Revenue from construction wastes h

4、andling services for the Year was HK$224.7 million,representing an increase of 114.8%from the preceding year.Revenue from technology services for the Year was HK$24.5 million,a new business segment of the Group started and developed during the Year and represented 4.3%of the Groups revenue of the Ye

5、ar.The total administrative and other operating expenses of the Group for the Year were approximately HK$91.4 million,increased approximately 71.5%from HK$53.3 million for the year ended 31 March 2019,as the Group invested more its resources in the technology services related businesses.Loss attribu

6、table to the owners of the Company for the Year amounted to approximately HK$61.6 million,compared a loss of approximately HK$27.2 million for the year ended 31 March 2019.The increase in the loss for the Year was mainly due to the increase in administrative and other operating expenses and an unrea