Earnings release
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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 reliance upon the whole or any part of the contents of this announcement . H & H Group inspiring wellness Health and Happiness ( H & H ) International Holdings Limited 健 合 ( H & H ) 國際 控股 有限公司 ( Incorporated in the Cayman Islands with limited liability ) ( Stock Code : 1112 ) INTERIM RESULTS ANNOUNCEMENT FOR THE SIX MONTHS ENDED 30 JUNE 2021 FINANCIAL HIGHLIGHTS Revenue Gross profit EBITDA * Adjusted EBITDA * Net profit Adjusted Net profit ** Six months ended 30 June 2021 RMB'000 2020 RMB'000 Change % ( Unaudited ) ( Unaudited ) 5,424,320 5,167,225 5.0 % 3,422,749 3,430,433 -0.2 % 929,616 1,267,753 -26.7 % 1,066,385 1,146,247 -7.0 % 501,354 718,005 -30.2 % 660,171 617,009 7.0 % * ** EBITDA refers to earnings before interest , income tax expense , depreciation and amortization . Adjusted EBITDA = EBITDA + Non - cash losses of RMB151.7 million for the six months ended 30 June 2021 ( six months ended 30 June 2020 : gains of RMB80.1 million ) - Non - recurring gains of RMB14.9 million for the six months ended 30 June 2021 ( six months ended 30 June 2020 : RMB41.3 million ) Adjusted net profit = Net profit + EBITDA adjustment items of losses of RMB136.8 million for the six months ended 30 June 2021 ( six months ended 30 June 2020 : gains of RMB121.5 million ) + Other non - cash losses of RMB22.0 million for the six months ended 30 June 2021 ( six months ended 30 June 2020 : RMB20.5 million ) -1-