C&D Property Management Group Co., Ltd — Earnings Release 2004

Mar 25, 2004

Listed Company Information

GOOD FELLOW GP<00910> - Results Announcement Good Fellow Group Limited announced on 25/03/2004: (stock code: 00910 ) Year end date: 30/06/2004 Currency: HKD Auditors' Report: N/A Interim report reviewed by: Audit Committee (Unaudited ) (Unaudited ) Last Current Corresponding Period Period from 1/7/2003 from 1/7/2002 to 31/12/2003 to 31/12/2002 Note ('000 ) ('000 ) Turnover : 111,412 165,063 Profit/(Loss) from Operations : 22,271 42,726 Finance cost : (95) (82) Share of Profit/(Loss) of Associates : N/A N/A Share of Profit/(Loss) of Jointly Controlled Entities : 20,017 N/A Profit/(Loss) after Tax & MI : 31,968 41,068 % Change over Last Period : -22.16 % EPS/(LPS)-Basic (in dollars) : 0.0135 0.0174 -Diluted (in dollars) : 0.0134 0.0173 Extraordinary (ETD) Gain/(Loss) : N/A N/A Profit/(Loss) after ETD Items : 31,968 41,068 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. All turnover were derived from continuing operations. 2. All profits were derived from continuing operations. 3. 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 period of approximately HK$31,968,000 (2002: HK$41,068,000) and the weighted average number of 2,362,395,600 (2002: 2,360,376,959) ordinary shares in issue during the period. The calculation of diluted earnings per share is based on the Group's net profit from ordinary activities attributable to shareholders for the period of approximately HK$31,968,000 (2002: HK$41,068,000) and the weighted average of 2,380,881,924 (2002: 2,372,715,311) ordinary shares in issue. The weighted average number of ordinary shares used in the calculation of diluted earnings per share is the aggregate of the weighted average of 2,362,395,600 (2002: 2,360,376,959) ordinary shares in issue during the period, as used in the basic earnings per share calculation; and the weighted average of 18,486,324 (2002: 12,338,352) ordinary shares assumed to have been issued at no consideration on the deemed exercise of all options and warrants outstanding during the period. 4. Certain comparative amounts have been reclassified to conform with the presentation in the current period. These include adjustments in relation to the first time adoption during the period of statement of standard Accounting Practice No.12 "Income Taxes" which became effective for accounting periods commencing on or after 1 January 2003.