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Twelve months ended 31 December
2020
RMB’000
2019
RMB’000
Revenue 2,873,078 3,542,107
Cost of goods sold (2,361,706) (2,866,411)
Gross profit 511,372 675,696
Other income 21,289 25,938
Impairment losses under expected credit loss model, net of reversal (189,245) (53,019)
Impairment loss of goodwill (156,527)
Impairment loss of intangible assets (92,366)
Other loss (5,746) (1,873)
Selling and distribution costs (60,750) (60,945)
Administrative expenses (43,906) (42,662)
Research and development costs (60,424) (61,939)
Finance costs (66,766) (64,792)
(Loss) profit before taxation (143,069) 416,404
Taxation credit (charge) 3,705 (57,435)
(Loss) profit and total comprehensive (expense) income for the year (139,364) 358,969
(Loss) earnings per share
 - basic RMB(7.78) cents RMB20.04 cents
 - diluted RMB(7.78) cents RMB20.04 cents