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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 . VA VIVA CHINA VIVA CHINA HOLDINGS LIMITED 非凡 中國 控股 有限公司 ( Incorporated in the Cayman Islands with limited liability ) ( Stock Code : 8032 ) 2021 FIRST QUARTERLY RESULTS ANNOUNCEMENT The board ( the " Board " ) of directors ( the “ Directors ” ) of Viva China Holdings Limited ( the " Company " ) announced the unaudited consolidated results of the Company and its subsidiaries ( the " Group " ) for the three months ended 31 March 2021 . FINANCIAL HIGHLIGHTS With the contribution from the Group's multi - brands apparels and footwears business through the acquisition of Bossini International Holdings Limited ( “ Bossini ” , together with its subsidiaries , the " Bossini Group ” ) in late July 2020 , the Group recorded consolidated revenue of HK $ 360.1 million for the three months ended 31 March 2021 , which represented a year - on - year increase of HK $ 267.7 million or 289.7 % . For the three months ended 31 March 2021 , net profit attributable to equity holders recorded a year - on - year decrease of HK $ 18.1 million to HK $ 8.9 million . The significant decrease was mainly attributable to the operating loss generated by Bossini Group . OPERATIONAL UPDATES The Group will endeavour to optimise its apparel and footwear brands , including Bossini ( a renowned leisurewear brand in Asia ) and LNG ( a youthful fashion apparel brand ) etc , to further amplify its scale of business . The LNG physical stores have been opened in Chongqing , Shanghai and Tianjin in the first quarter of 2021 , respectively . The Group will continue to actively pursue potential M & A opportunities for various types of domestic and international consumables product brands . Upon the completion of the acquisition of Clark through subscription of shares of LionRock Capital Partners QiLe Limited , the presence of the Group's consumables business will be further enhanced and synergy with our existing brands will be created . The Group will continue to endeavour to capture the business growth opportunities in mass consumption upon the market environment arising from the further urbanisation and modernisation of the PRC and will concentrate its primary resources on the core operations of “ multi - brand apparels and footwear " . - 1 -