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C&D Property Management Group Co., Ltd Earnings Release 2003

Oct 27, 2003

50406_rns_2003-10-27_8c353968-07bb-4bf0-a7aa-1d8c3f768493.htm

Earnings Release

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Listed Company Information

GOOD FELLOW GP<00910> - Results Announcement

Good Fellow Group Limited announced on 27/10/2003:
(stock code: 00910 )
Year end date: 30/06/2003
Currency: HKD
Auditors' Report: Unqualified

(Audited )
(Audited ) Last
Current Corresponding
Period Period
from 01/07/2002 from 01/07/2001
to 30/06/2003 to 30/06/2002
Note ('000 ) ('000 )
Turnover : 208,770 248,829
Profit/(Loss) from Operations : 44,290 75,904
Finance cost : (193) (220)
Share of Profit/(Loss) of
Associates : N/A N/A
Share of Profit/(Loss) of
Jointly Controlled Entities : 827 N/A
Profit/(Loss) after Tax & MI : 40,356 64,868
% Change over Last Period : -37.79 %
EPS/(LPS)-Basic (in dollars) : 0.0171 0.0277
-Diluted (in dollars) : 0.017 0.0275
Extraordinary (ETD) Gain/(Loss) : N/A N/A
Profit/(Loss) after ETD Items : 40,356 64,868
Final Dividend : 0.2 cent 0.4 cent
per Share
(Specify if with other : N/A N/A
options)

B/C Dates for
Final Dividend : 15/11/2003 to 21/11/2003bdi.
Payable Date : 28/01/2004
B/C Dates for Annual
General Meeting : 15/11/2003 to 21/11/2003bdi.
Other Distribution for : N/A
Current Period

B/C Dates for Other
Distribution : N/A

Remarks:

1. No change of financial year end date.

2. All turnover were derived from continuing operations.

3. All profits were derived from continuing operations.

4. EARNINGS PER SHARE

The calculation of basic earnings per share is based on the Group's net
profit from ordinary activities attributable to shareholders for the year
of approximately HK$40,356,000 (2002: HK$64,868,000) and the weighted
average number of 2,365,648,942 (2002: 2,339,465,120) ordinary shares in
issue during the year.

The calculation of diluted earnings per share is based on the Group's net
profit from ordinary activities attributable to shareholders for the year
of approximately HK$40,356,000 (2002: HK$64,868,000) and on 2,370,654,962
(2002: 2,358,989,471) ordinary shares, being the weighted average number
of 2,365,648,942 (2002: 2,339,465,120) ordinary shares in issue during the
year, as used in the basic earnings per share calculation, plus the
weighted average of 5,006,020 (2002: 19,524,351) ordinary shares assumed
to have been issued at no consideration on the deemed exercise of all
share options during the year. The warrants outstanding during the year
did not have any dilutive effect on the earnings per share.