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REVENUE AND OTHER INCOME (Tables)
6 Months Ended
Jun. 30, 2023
Revenue And Other Income  
SCHEDULE OF ANALYSIS ABOUT COMPANY'S REVENUE AND OTHER INCOME

           
   For the six months ended June 30, 
   2023   2022 
   RMB’000   RMB’000 
Revenues          
Continuing operations          
Business management and consulting   3,302    5,952 
Livestreaming ecommerce   305,948    112,294 
           
Discontinued operations          
Sale of tiles (Note 17)   2,701    16,715 
           
Total revenues   311,951    134,961 
           
Other income          
Continuing operations          
Interest income   530    163 
Government grant   307    632 
Tax subsidy   -    887 
Loan forgiveness   1,160    - 
Other income   834    - 
           
Discontinued operations          
Other income (Note 17)   5,716    8,717 
Total other income   8,547    10,399 
SCHEDULE OF OPERATIONS BY BUSINESS SEGMENT

The following table shows the Company’s operations by business segment for the six months ended June 30, 2023 and 2022.

 

           
   For the six months ended June 30, 
   2023   2022 
   RMB’000   RMB’000 
Revenues          
Discontinued operations          
Sales of tile products   2,701    16,716 
Continuing operations          
Consulting income / software   3,302    5,952 
Livestreaming ecommerce   305,948    112,293 
Total revenues   311,951    134,961 
           
Cost of revenues          
Discontinued operations          
Sales of tile products   7,557    19,026 
Continuing operations          
Consulting income / software   8,151    7,123 
Livestreaming ecommerce   253,904    109,216 
Total cost of revenues   269,612    135,365 
           
Operating costs and expenses          
Discontinued operations          
Sales of tile products   3,244    13,823 
Continuing operations          
Consulting income / software   2,584    3,275 
Livestreaming ecommerce   53,187    2,450 
Other   32,139    2,570 
Total operating costs and expenses   91,154    22,118 
           
Bad debt expense (reversal)          
Discontinued operations          
Sales of tile products   (1,000)   18,829 
Continuing operations          
Consulting income / software   -    - 
Livestreaming ecommerce   -    (5,293)
Total bad debt expense   (1,000)   13,536 
           
Other expenses          
Discontinued operations          
Sales of tile products   -    - 
Continuing operations          
Consulting income / software   -    - 
Livestreaming ecommerce   -    4 
Total other expenses   -    4 
           
Other income          
Discontinued operations          
Sales of tile products   5,716    8,716 
Continuing operations          
Consulting income / software   74    36 
Livestreaming ecommerce   1,070    1,489 
Other   1,687    158 
Total other income   8,547    10,399 
           
Loss from operations          
Sales of tile products   (1,384)   (26,246)
Consulting income / software   (7,359)   (4,410)
Livestreaming ecommerce   (73)   7,405 
Other   (30,452)   (2,412)
Loss from operations   (39,268)   (25,663)

 

 

           
   As of June 30,
2023
   As of December 31,
2022
 
Segment assets          
Ceramic tile products   -    74,675 
Consulting income/software   57,284    15,924 
Livestreaming ecommerce   14,236    15,004 
Others   60,281    4,403 
Total assets   131,801    110,006