Earnings release
Page 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 reliance upon the whole or any part of the contents of this announcement . 萬 洲 國際 WH GROUP WH Group Limited 萬 洲 國際 有限公司 ( Incorporated in the Cayman Islands with limited liability ) ( Stock Code : 288 ) UNAUDITED CONSOLIDATED QUARTERLY RESULTS FOR THE THREE MONTHS ENDED MARCH 31 , 2021 The board ( the " Board " ) of directors ( the “ Directors ” ) of WH Group Limited ( the " Company " ) is pleased to announce the unaudited consolidated results of the Company and its subsidiaries ( the " Group " ) for the three months ended March 31 , 2021 ( " 3M 2021 " or the " Period ” ) . This announcement is made by the Company on a voluntary basis to enhance the practice of good corporate governance and further promote the transparency and accountability of the Company . HIGHLIGHTS • • Key operating data Packaged meats sold ( thousand metric tons ) Pork sold ( thousand metric tons ) 3M 2021 3M 2020 838 1,012 781 944 3M 2021 Results before 3M 2020 Results after Results before Results after biological fair biological fair value value value adjustments adjustments US $ million biological fair biological fair adjustments adjustments US $ million ( unless otherwise stated ) value ( unless otherwise stated ) Key financial data Revenue 6,610 6,610 6,282 6,282 EBITDA 672 958 711 615 Operating profit 501 501 550 550 Profit attributable to owners of the Company 293 511 353 281 Basic earnings per share ( US cents ) 1.99 3.47 2.40 1.91 Total assets As at March 31 , As at December 31 , 2021 US $ million 19,661 10,347 2020 US $ million 18,715 10,005 Equity attributable to owners of the Company Sales volume of packaged meats and pork increased by 7.3 % and 7.2 % , respectively . Revenue increased by 5.2 % . Operating profit decreased by 8.9 % . Profit attributable to owners of the Company , before biological fair value adjustments , decreased by 17.0 % . -1-