CTF Services Limited — Earnings Release 2004

Sep 27, 2004

Listed Company Information

Listed Company Information
CENTRAL CHINA<00351> - Results Announcement Central China Enterprises Limited announced on 27/9/2004: (stock code: 00351 ) Year end date: 31/12/2004 Currency: HKD Auditors' Report: N/A Interim report reviewed by: Audit Committee (Unaudited ) (Unaudited ) Last Current Corresponding Period Period from 1/1/2004 from 1/1/2003 to 30/6/2004 to 30/6/2003 Note ('000 ) ('000 ) Turnover : 74,329 348 Profit/(Loss) from Operations : (15,091) (22,007) Finance cost : (275) (793) Share of Profit/(Loss) of Associates : N/A (7,244) Share of Profit/(Loss) of Jointly Controlled Entities : N/A N/A Profit/(Loss) after Tax & MI : 20,057 (37,228) % Change over Last Period : N/A % EPS/(LPS)-Basic (in dollars) : 0.0396 (0.1398) -Diluted (in dollars) : N/A N/A Extraordinary (ETD) Gain/(Loss) : N/A N/A Profit/(Loss) after ETD Items : 20,057 (37,228) 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: EARNINGS/(LOSS) PER SHARE The calculation of basic earnings (loss) per share for the six months ended 30 June 2004 is based on the net profit for the six months ended 30 June 2004 of approximately HK$20,057,000 (six months ended 30 June 2003: loss of approximately HK$37,228,000) and on the weighted average of 506,963,474 ordinary shares (six months ended 30 June 2003 (restated): 266,337,015 ordinary shares) in issue during the period. The weighted average number of shares for the last period has been adjusted for the share consolidation and share subdivision effected on 10 February 2004 and 31 May 2004 respectively. No diluted earnings per share has been presented for the six months ended 30 June 2004 as the exercise of the Company's outstanding share options would have an anti-dilutive effect in diluted earnings per share. No diluted loss per share had been presented for the six months ended 30 June 2003 as the exercise of the share options would result in a decrease in loss per share for the period.