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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 . BOE BOE VARITRONIX LIMITED ( Incorporated in Bermuda with limited liability ) ( Stock Code : 710 ) 2021 INTERIM RESULTS ANNOUNCEMENT CHAIRMAN'S STATEMENT Highlights HK $ million Revenue EBITDA¹ Profit Attributable to Shareholders Cash and Fixed Deposits Balance Six months ended 30 June 2021 Six months ended 30 June 2020 3,200 174 1,898 90 95.1 18.2 1,601 1,502 Basic and Diluted Earnings per Share 12.9 HK cents 2.5 HK cents EBITDA means profit for the period plus the following to the extent deducted in calculating such profit for the period : finance costs , income tax , depreciation and amortisation . On behalf of BOE Varitronix Limited ( the “ Company ” ) and its subsidiaries ( “ BOEVx " or the " Group " ) , I present the results for the period ended 30 June 2021 . During the period under review , revenue of HK $ 3,200 million was recorded , an increase of 69 % when compared with HK $ 1,898 million recorded in the first half of 2020. EBITDA of the Group was HK $ 174 million , 93 % higher than HK $ 90 million recorded for the same period in the previous year . The profit attributable to shareholders was HK $ 95.1 million , an increase of 423 % , when compared with HK $ 18.2 million recorded in the first half of 2020 . As at 30 June 2021 , the cash and fixed deposits balance of the Group was HK $ 1,601 million , compared to HK $ 1,635 million at the end of 2020. The Group has no bank loan as at 30 June 2021 and 31 December 2020. The cash position of the Group remains strong during the period . The Group has achieved significant growth in revenue and profit attributable to shareholders during the period under review as compared to the first half of 2020. As stated in the Group's 2020 Annual Report , the Group's business has recovered from the impact of the COVID - 19 pandemic emerged in the first half of 2020 and our automotive display business continued to grow notably from the second half of 2020 and throughout the first half of 2021. The Group's revenue has increased by 69 % comparing with the same period of last year , in which the base of comparison is relatively low as affected by the impact of the COVID - 19 pandemic . The major growth engine is from the People's Republic of China ( the “ PRC ” ) in which the automotive market has experienced a fast recovery from the impact of the COVID - 19 pandemic . The 1