[ET Net News Agency, 16 August 2021] Trigiant Group Limited (01300) said for the six
months ended 30 June 2021 (2021H1), the company is expected to record a profit of not less
than RMB50 million, as compared to the unaudited loss of approximately RMB126 million
recorded for the six months ended 30 June 2020 (2020H1).
In 2021H1, China has resumed its production due to the weakened COVID-19 pandemic. In
addition, for 2020H1, the company recorded a significant decrease in impairment losses on
trade receivables, net of reversal and there was no impairment losses on goodwill as
compared to 2020H1. (RC)