CAI Corp — Interim / Quarterly Report 2001

Aug 20, 2001

Listed Company Information

HARBOUR CENTRE<0051> - Results Announcement (Summary) Harbour Centre Development Limited announced on 20/8/2001: (stock code: 51) Please refer to the press announcement for the details of the audit committee's review report on the interim financial statement, to be issued by the Company on 21/8/2001. Year end date: 31/12/2001 Currency: HK$ (Unaudited) (Unaudited) Last Current Corresponding Period Period from 1/1/2001 from 1/1/2000 to 30/6/2001 to 30/6/2000 ('Million) ('Million) Turnover : 196.7 188.9 Profit/(Loss) from Operations : 81.9 71.7 Finance cost : (15.9) (7.5) Share of Profit/(Loss) of Associates : 4.1 3.6 Share of Profit/(Loss) of Jointly Controlled Entities : Nil Nil Profit/(Loss) after Tax & MI : 63.6 59.4 % Change over Last Period : +7.1% EPS/(LPS)-Basic : $0.20 $0.19 -Diluted : N/A N/A Extraordinary (ETD) Gain/(Loss) : Nil Nil Profit/(Loss) after ETD Items : 63.6 59.4 Interim Dividend per Share : 5.0 cents 5.0 cents (Specify if with other options) : N/A N/A B/C Dates for Interim Dividend : 26/9/2001 to 28/9/2001 bdi. Payable Date : 8/10/2001 B/C Dates for (-) General Meeting : N/A Other Distribution for Current Period : None B/C Dates for Other Distribution : N/A Remarks: (1) Certain comparative figures have been reclassified to conform with current period's presentation and have been adjusted as a result of changes in accounting policies for planned maintenance, proposed dividend and segment reporting in order to comply with Statement of Standard Accounting Practice ("SSAP") 28 "Provisions, Contingent Liabilities and Contingent Assets", SSAP 9 "Events after the Balance Sheet Date" and SSAP 26 "Segment Reporting" issued by the Hong Kong Society of Accountants. (2) An analysis of the Group's revenue and operating profit by business segments and geographical segments for the six months ended 30th June, 2001 is as follows: Revenue Operating profit 30/6/2001 30/6/2000 30/6/2001 30/6/2000 HK$ HK$ HK$ HK$ Million Million Million Million Business segments Hotel and restaurants 150.2 153.1 35.9 43.8 Investment property 28.1 31.3 22.9 26.5 Investments and others 34.1 21.4 23.1 1.4 ---------------------------------------------------------- 212.4 205.8 81.9 71.7 ========================================================== Geographical segments Hong Kong 199.2 195.5 68.7 61.4 Singapore 13.2 10.3 13.2 10.3 ---------------------------------------------------------- 212.4 205.8 81.9 71.7 ========================================================== Revenue represents: Turnover 196.7 188.9 Other income 15.7 16.9 --------------------- 212.4 205.8 ===================== (3) The calculation of earnings per share is based on earnings for the period of HK$63.6 million (2000: HK$59.4 million) and on 315.0 million (2000: 315.0 million) ordinary shares in issue during the period ended 30th June, 2001. For the period under review and the preceding comparative period, there is no difference between the basic and diluted earnings per share.