CAI Corp — Earnings Release 2000

Mar 19, 2001

Listed Company Information

HARBOUR CENTRE<0051> - Results Announcement Harbour Centre Development Limited announced on 19/3/2001: (stock code: 51) Year end date: 31/12/2000 Currency: Hong Kong Dollar (Audited) (Audited) Last Current Corresponding Period Period from 1/1/2000 from 1/1/1999 to 31/12/2000 to 31/12/1999 ('Million) ('Million) Turnover : 397.8 382.4 Profit/(Loss) from Operations : 153.7 139.8 Finance cost : (17.9) NIL Share of Profit/(Loss) of Associates : 4.2 5.2 Share of Profit/(Loss) of Jointly Controlled Entities : NIL NIL Profit/(Loss) after Tax & MI : 109.5 107.8 % Change over Last Period : +1.6% EPS/(LPS)-Basic : $0.35 $0.34 -Diluted : N/A N/A Extraordinary (ETD) Gain/(Loss) : NIL NIL Profit/(Loss) after ETD Items : 109.5 107.8 Final Dividend per Share : 12.0 cents 12.0 cents (Specify if with other options) : N/A N/A B/C Dates for Final Dividend : 10/5/2001 to 17/5/2001 bdi. Payable Date : 28/5/2001 B/C Dates for (-) General Meeting : N/A Other Distribution for Current Period : None B/C Dates for Other Distribution : N/A Remarks: (1) Certain comparative figures have been reclassified to conform with current year's presentation. (2) An analysis of the Group's turnover and operating profit by principal activities for the year ended 31st December, 2000 is as follows: Turnover Operating profit 2000 1999 2000 1999 HK$ Million HK$ Million HK$ Million HK$Million Principal activities Hotel and restaurants 292.9 264.6 83.8 61.3 Investment property 56.2 71.0 48.6 62.8 Investments 48.7 46.8 21.3 15.7 ----------------------------------------------------- 397.8 382.4 153.7 139.8 ===================================================== During the financial year, more than 90% of the trading operations of the Company and its subsidiaries in terms of both turnover and operating profit were carried on in Hong Kong. (3) The calculation of earnings per share is based on earnings for the year of HK$109.5 million (1999 - HK$107.8 million) and on 315.0 million (1999 - 315.0 million) ordinary shares in issue throughout the year ended 31st December, 2000.