澳亚集团中期报告2025

Contents 2Corporate Information6Locations of Production Units7Highlights10Management Discussion and Analysis36Corporate Governance and Other Information48Condensed Consolidated Statement of Profit or Loss andOther Comprehensive Income50Condensed Consolidated Statement of Financial Position52Condensed Consolidated Statement of Changes in Equity54Condensed Consolidated Statement of Cash Flows56Notes to Condensed Consolidated Financial Statements85Definitions and Glossary Corporate Information BOARD OF DIRECTORS Executive Directors Edgar Dowse COLLINS Mr. TAN Yong Nang (Executive Chairman)Mr. Edgar Dowse COLLINS (Chief Executive Officer)Mr. YANG Ku (Chief Operating Officer) Non-Executive Directors Gabriella SANTOSATamotsu MATSUI2025829 Ms. GAO LinaMs. Gabriella SANTOSAMr. Tamotsu MATSUI (resigned on 29 August 2025) Independent Non-executive Directors Mr. SUN PatrickMr. CHANG Pan, PeterMr. LI Shengli BOARD COMMITTEES Audit Committee Gabriella SANTOSA20258 29Tamotsu MATSUI2025829 Mr. SUN Patrick (Chairman)Mr. CHANG Pan, PeterMs. Gabriella SANTOSA (appointed on 29 August 2025)Mr. Tamotsu MATSUI (resigned on 29 August 2025) Remuneration Committee Mr. CHANG Pan, Peter (Chairman)Ms. Gabriella SANTOSAMr. SUN Patrick Gabriella SANTOSA Nomination Committee Mr. TAN Yong Nang (Chairman)Mr. LI ShengliMr. SUN Patrick ESG ESG Committee Mr. Edgar Dowse COLLINS (Chairman)Mr. YANG KuMr. LI Shengli Edgar Dowse COLLINS Independent Board Committee Mr. SUN Patrick (Chairman)Mr. CHANG Pan, PeterMr. LI Shengli COMPANY SECRETARIES (LLB (Hons)) Singapore Ms. CHUA Sook Ping Christina (LLB (Hons)) (HKFCG (PE), FCG) Hong KongMs. HO Wing Nga (HKFCG (PE), FCG) AUTHORISEDREPRESENTATIVES UNDER THELISTING RULES Edgar Dowse COLLINS Mr. Edgar Dowse COLLINSMs. CHUA Sook Ping Christina AUDITOR 97927 Ernst & Young(Certified Public Accountants and RegisteredPublic Interest Entity Auditor)27/F, One Taikoo Place979 King’s Road, Quarry BayHong Kong, China LEGAL ADVISERS As to Laws of Hong Kong 126 WOO KWAN LEE & LO26th Floor, Jardine House1 Connaught Place, CentralHong Kong, China As to Laws of the PRC 81115100025 Global Law Office15th Floor, Tower 1, China Central PlaceNo. 81, Jianguo Road, Chaoyang DistrictBeijing 100025, China Corporate Information COMPLIANCE ADVISER 2920 Somerley Capital Limited20/F, China Building29 Queen’s Road CentralHong Kong, China PRINCIPAL SHARE REGISTRAR Boardroom Corporate & Advisory Services Pte. Ltd.1 Harbourfront AvenueKeppel Bay Tower #14-07Singapore 098632 Boardroom Corporate & Advisory Services Pte. Ltd.1 Harbourfront AvenueKeppel Bay Tower #14-07Singapore 098632 HONG KONG SHARE REGISTRAR 183171712-1716 Computershare Hong Kong Investor Services LimitedShops 1712-1716, 17th FloorHopewell Centre, 183 Queen’s Road EastWan Chai, Hong KongChina PRINCIPAL BANKS 12 Marina Boulevard Level 45Marina Bay Financial Centre Tower 3Singapore 018982 DBS Bank Ltd12 Marina Boulevard Level 45Marina Bay Financial Centre Tower 3Singapore 018982 131818200120 DBS Bank (China) Limited, Shanghai Branch18th Floor, DBS Bank Tower1318 Lu Jia Zui Ring Road, Pudong New DistrictShanghai 200120, China 5014101 PT Bank Mandiri (Persero) TBK Shanghai BranchUnit 4101 Shanghai Tower501 Yin Cheng Zhong Road, Pudong New District,Shanghai, China 333603-04200120 Malayan Banking Berhad Shanghai BranchRoom 03-04, 6th Floor, BRICS TowerNo. 333 Lu Jia Zui Ring Road, Pudong New DistrictShanghai 200120, China Corporate Information 1161286602200120 United Overseas Bank (China) LimitedShanghai Pilot Free Trade Zone Sub-branchRoom 602, 6F, No. 116, 128 Yincheng Road,Pilot Free Trade ZoneShanghai 200120, China 9 China Construction Bank Corporation Co., Ltd.,Dongying Nonggao District Sub-branchNo. 9 Guangbei Road, Agricultural High-tech ZoneDongying City, Shandong Province, China HEADQUARTER AND REGISTERED OFFICE 400 Orchard Road#15-08, Orchard TowersSingapore 238875 400 Orchard Road#15-08, Orchard TowersSingapore 238875 PRINCIPAL PLACE OF BUSINESS IN CHINA 10 No. 10, Yongguan Road, Yongan Town, Kenli DistrictDongying City, Shandong Province, China PRINCIPAL PLACE OF BUSINESS IN HONG KONG 46th Floor, Hopewell Centre,183 Queen’s Road EastWan Chai, Hong KongChina 18346 200906806K COMPANY REGISTRATION NUMBER IN SINGAPORE200906806K 2425 STOCK CODEStock Code: 2425 www.austasiadairy.com WEBSITEwww.austasiadairy.com investor@austasiadairy.com INVESTOR RELATIONS CONTACTinvestor@austasiadairy.com alvin.choo@austasiadairy.com DATA PROTECTION OFFICER CONTACT alvin.choo@austasiadairy.com Locations of Production Units Highlights Highlights 1EBITDA(i)(ii)(iii)(iv)(v)(vi)(vii Note 1: Cash EBITDA is defined as loss for the period excluding (i)finance costs, (ii) interest income, (iii) income tax expense, (iv)depreciation and amortisation, (v) losses arising from changesin fair value less costs to sell of other biological assets, (vi)foreign exchange difference, and (vii) share based payment