Gelonghui (Jinshan Energy (00663.HK) announcement)For the year ended December 31, 2021, the company achieved an income of HK $85.978 million, an increase of 67.7% over the same period last year; the annual loss attributable to the company's shareholders was HK $42.86 million, down 84.06% from the same period last year; and the basic loss per share was HK5.5 cents.

The increase in revenue was mainly due to increased earnings from photovoltaic power generation (following the acquisition of a 100% stake in photovoltaic solar investment in June 2021) and commodity trade. In terms of silver mining business, the Group's western mine ores process silver, gold and zinc concentrates and generate revenue of approximately HK $12.8 million. The cost of each sale is about HK $5.9 million, mainly including raw materials, direct labor and other production costs. The gross profit margin for the year was 53.8% (2020: 16.5%). The business did not generate revenue or cost of sales in 2020.