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 . 中 粮 COFCO 自然 之 源 重塑 你 我 CHINA FOODS LIMITED 中國 食品 有限公司 ( Incorporated in Bermuda with limited liability ) ( Stock Code : 506 ) ANNOUNCEMENT OF INTERIM RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 2021 Financial Highlights The following table shows the comparison of the interim results for the six months ended 30 June 2021 ( the “ interim period ” ) of China Foods Limited ( the “ Company ” or “ China Foods ” ) and its subsidiaries ( together the “ Group ” ) with the corresponding interim results for 2020 : For the six - month period ended 30 June 2021 ( RMB million ) ( Unaudited ) For the six - month period ended 30 June 2020 ( RMB million ) Changes ( Unaudited ) Revenue 11,218.8 9,401.2 + 19.3 % Gross profit margin 38.9 % 38.7 % + 0.2ppt Distribution and selling expenses margin 29.5 % 30.0 % -0.5ppt Administrative expenses margin 2.1 % 2.4 % -0.3ppt Adjusted EBIT * 934.2 738.5 + 26.5 % Adjusted EBITDA ^ 1,187.9 981.7 + 21.0 % The board of directors ( the " Board " ) did not declare the payment of an interim dividend for the interim period ( six months ended 30 June 2020 : Nil ) . -1-