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CCIAM Future Energy Limited Earnings Release 2000

Sep 6, 2000

48982_rns_2000-09-06_91b13d95-233a-4bd6-8d8b-a542409d1b18.htm

Earnings Release

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Listed Company Information

TAI SANG LAND<0089> - Results Announcement

Tai Sang Land Development Limited announced on 6/9/2000:
(stock code: 89)
Year end date: 31/12/2000
Currency: HKD (Unaudited)
(Unaudited) Last
Current Corresponding
Period Period
from 1/1/2000 from 1/1/1999
to 30/6/2000 to 30/6/1999
('Million) ('Million)
Turnover : 94.7 96.0
Profit/(Loss) from Operations : 94.3 50.3
Finance cost : (17.3) (15.5)
Share of Profit/(Loss) of Associates : - -
Share of Profit/(Loss) of
Jointly Controlled Entities : - -
Profit/(Loss) after Tax & MI : 71.8 31.7
% Change over Last Period : +126%
EPS/(LPS)-Basic : 25 cents 11 cents
-Diluted : N/A N/A
Extraordinary (ETD) Gain/(Loss) : - -
Profit/(Loss) after ETD Items : 71.8 31.7
Interim Dividend per Share : 10 cents 10 cents
Special Dividend per Share : 5 cents Nil
(Specify if with other options) : - -
Record Dates for Interim & Special
Dividend : At the close of business on
27/9/2000
Payable Date : 10/10/2000
B/C Dates for (-) General Meeting : N/A
Other Distribution for Current Period : N/A
B/C Dates for Other Distribution : N/A

Remark:

Profit from operation for the current period included gains on disposal of
investment property and land and building for resale of $47.7 million,
i.e. the profit from continuing operation was $46.6 million. The
comparative figure for 1999 has been restated to exclude finance cost.