Net-a-Go Technology Company Limited

For the Interim Period, the Group was principally engaged in four operating segments, (i)environmental maintenance business, (ii) property leasing business, (iii) securities trading business and (iv) medical devices business. The Company and its subsidiaries recorded a revenue of approximately HK$138,913,000, compared to a revenue of approximately

HK$158,099,000 for the six month period ended 30 June 2021 (the “Corresponding Period”). Profit attributable to the equity holders of the Company was approximately HK$7,404,000 for the Interim Period (Corresponding period: HK$22,846,000). The decrease in profit attributable to the equity holders of the Company was primarily due to the following factors:
(i) For the six months ended 30 June 2021, there was a relief related to value-added-tax (the “VAT Relief”) granted by the local government in the People’s Republic of China (the “PRC”) due to the COVID-19 pandemic in the amount of approximately HK$2.5million. There were no such kind of relief granted by the local government in the PRCduring the Interim Period;
(ii) Decrease in revenue from the Group’s environmental maintenance business in the amount of approximately HK$24.7 million during the Interim Period, representing a decrease of approximately 15.8% as compared with the corresponding Period, as certain
environmental maintenance service contracts were completed and did not renew during the year of 2021; and
(iii) The absence of gain on disposal of financial assets at fair value through profit and loss during the Interim Period. For the corresponding Period, the Group recorded gain on disposal of financial assets at fair value through profit and loss in the amount of HK$17.8 million.