Central Development Holdings Limited — Earnings Release 2005

Jun 28, 2005

Listed Company Information

Listed Company Information
SEAPOWER RES I<00269> - Results Announcement SEAPOWER RESOURCES INTERNATIONAL LIMITED announced on 28/06/2005: (stock code: 00269 ) Year end date: 31/03/2005 Currency: HKD Auditors' Report: Unqualified (Audited ) (Audited ) Last Current Corresponding Period Period from 01/04/2004 from 01/04/2003 to 31/03/2005 to 31/03/2004 Note ('000 ) ('000 ) Turnover : 8,521 9,996 Profit/(Loss) from Operations : (7,521) (8,359) Finance cost : (476) (23,572) Share of Profit/(Loss) of Associates : N/A N/A Share of Profit/(Loss) of Jointly Controlled Entities : N/A N/A Profit/(Loss) after Tax & MI : (7,812) 1,299,079 % Change over Last Period : N/A % EPS/(LPS)-Basic (in dollars) : (0.0015) 0.815 -Diluted (in dollars) : N/A N/A Extraordinary (ETD) Gain/(Loss) : N/A N/A Profit/(Loss) after ETD Items : (7,812) 1,299,079 Final Dividend : Nil Nil per Share (Specify if with other : N/A N/A options) B/C Dates for Final Dividend : N/A Payable Date : N/A B/C Dates for Annual General Meeting : 26/07/2005 to 28/07/2005 bdi. Other Distribution for : N/A Current Period B/C Dates for Other Distribution : N/A Remarks: (1) Profit/(Loss) after taxation & M1 for last corresponding period included the following: Net gain arising from debts discharged under 632,718 schemes of arrangement ("The schemes") Gain on de-consolidation of subsidiaries 706,083 under the schemes ___________ 1,338,801 =========== (2) (Loss)/Earnings Per Share The calculation of the basic (loss)/earnings per share is based on the net loss for the year of approximately HK$7,812,000 (2004: Profit of HK$1,299,079,000) and on the weighted average number of 5,047,226,422 (2004: 1,594,002,898) shares in issue during the year. There were no potential dilutive shares in existence for the year ended 31 March 2005 and accordingly, no dilutied earnings per share amount has been presented. No amount had been presented for the diluted earnings per share amount for the year ended 31 March 2004 as the conversion of the then outstanding warrants would reduce the loss per share from continuing ordinary operations.