Autohome Inc. — Earnings Release 2004

Sep 15, 2004

Listed Company Information

Listed Company Information
GOLIK HOLDINGS<01118> - Results Announcement Golik Holdings Limited announced on 15/9/2004: (stock code: 01118 ) Year end date: 31/12/2004 Currency: HKD Auditors' Report: N/A Interim report reviewed by: Audit Committee (Unaudited ) (Unaudited ) Last Current Corresponding Period Period from 1/1/2004 from 1/1/2003 to 30/6/2004 to 30/6/2003 Note ('000 ) ('000 ) Turnover : 1,274,476 856,551 Profit/(Loss) from Operations : 39,246 61,533 Finance cost : (12,638) (15,943) Share of Profit/(Loss) of Associates : N/A N/A Share of Profit/(Loss) of Jointly Controlled Entities : 12 (111) Profit/(Loss) after Tax & MI : 4,069 24,505 % Change over Last Period : -83 % EPS/(LPS)-Basic (in dollars) : 0.0072 0.0432 -Diluted (in dollars) : N/A N/A Extraordinary (ETD) Gain/(Loss) : N/A N/A Profit/(Loss) after ETD Items : 4,069 24,505 Interim Dividend : NIL NIL per Share (Specify if with other : N/A N/A options) B/C Dates for Interim Dividend : N/A Payable Date : N/A B/C Dates for (-) General Meeting : N/A Other Distribution for : N/A Current Period B/C Dates for Other Distribution : N/A Remarks: 1. TURNOVER AND PROFIT FROM OPERATIONS The turnover and contributions to profit from operations of the Group for the six months ended 30th June, 2004, analysed by business segment are as follows: For the six months ended 30th June, 2004 Continuing Operations Manufacturing Sale of Manufacturing Sales of steel of steel of of and metal and metal construction construction products products materials materials HK$'000 HK$'000 HK$'000 HK$'000 TURNOVER External sales 680,794 25,338 131,659 353,177 Inter-segment sales 1,302 199,382 1,089 62,778 --------------------------------------------------------------- Total 682,096 224,720 132,748 415,955 =============================================================== Inter-segment sales are charged at cost or cost plus a percentage profit mark-up. SEGMENT RESULT 61,189 1,213 (8,306) (11,564) ============================================================== Other operations Eliminations Consolidated HK$'000 HK$'000 HK$'000 TURNOVER External sales 83,508 --- 1,274,476 Inter-segment sales --- (264,551) --- ---------------------------------------------------------- Total 83,508 (264,551) 1,274,476 =========================================================== SEGMENT RESULT 5,380 (2,468) 45,444 ====================================== Amortisation of goodwill (2,131) Release of negative goodwill 362 Unallocated other operating income 6,091 Unallocated corporate expenses (10,520) ------------ Profit from operations 39,246 ========== For the six months ended 30th June, 2003 Continuing Operations Manufacturing Sale of Manufacturing Sales of steel of steel of of and metal and metal construction construction Other products products materials materials Operation HK$'000 HK$'000 HK$'000 HK$'000 HK$'000 TURNOVER External sales 358,747 28,821 119,274 255,053 60,478 Inter-segment sales 7,595 106,686 4,821 23,276 ---- --------------------------------------------------------------------- Total 366,342 135,507 124,095 278,329 60,478 ======================================================================= Inter-segment sales are charged at cost or cost plus a percentage profit mark-up. SEGMENT RESULT 29,351 1,554 4,489 3,469 2,768 ======================================================================== Discontinued Operations --------------------------- Construction work contracting and sales of ALC concrete products Property investment Eliminations Consolidated HK$'000 HK$'000 HK$'000 HK$'000 TURNOVER External sales 34,178 ---- ---- 856,551 Inter-segment sales ---- ---- (142,378) ---- ----------------------------------------------------------------- Total 34,178 ---- (142,378) 856,551 ================================================================ Inter-segment sales are charged at cost or cost plus a percentage profit mark-up. SEGMENT RESULT 23,380 1,382 (203) 66,190 =============================================== Amortisation of goodwill (2,385) Release of negative goodwill 325 Unallocated other operating income 10,636 Unallocated corporate expenses (13,233) -------------- Profit from operations 61,533 ========== 2. EARNINGS PER SHARE The calculation of the basic earnings per share is based on the net profit for the period of HK$4,069,000 (2003:HK$24,505,000) and 567,362,500 (2003:567,362,500) shares in issue during the period.