正商实业公司2020年报.pdf

ANNUAL REPORT 2020 TABLE OF CONTENTS 2 Corporate Profile 75 Independent Auditor’s Report 3 Corporate Information 85 Consolidated Statement of Profit or Loss 4 Chairman’s Message 86 Consolidated Statement of Comprehensive Income 7 Hong Kong and Overseas Property Portfolio 87 Consolidated Statement of Financial Position 8 Property Development in the PRC 89 Consolidated Statement of Changes in Equity and Project Summary 90 Consolidated Statement of Cash Flows 24 Management Discussion and Analysis 92 Notes to Financial Statements 37 Board of Directors and Senior Management 199 Financial Summary 43 Report of the Directors 200 Particulars of Major Investment Properties 62 Corporate Governance Report Past Performance and Forward Looking Statements The performance and the results of operations of Zensun Enterprises Limited (the “Company”) and its subsidiaries (collectively, the “Group”) as set out in this annual report are historical in nature and past performance is not a guarantee of future performance. This annual report may contain forward-looking statements and opinions (including statements, figures, plans, images and other information) that invo