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Dida Inc. Earnings Release 1998

Apr 29, 1999

50671_rns_1999-04-29_d618ee8d-b2ee-4051-aa65-8ac93a9792b5.htm

Earnings Release

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Listed Company Information

CHINA SHIP DEV<1138> - Results Announcement

China Shipping Development Company Limited announced on 28/4/1999:
(stock code: 1138)
Year end date: 31/12/1998
Currency: RMB
Last
Current Corresponding
Period Period
from 1/1/1998 from 1/1/1997
to 31/12/1998 to 31/12/1997
('000) ('000)
Turnover/Interest Income : 3,257,117 3,252,736
Profit-Continuing Operations
- Operating Profit/(Loss) : 28,328 (285,207)
- Exceptional Items : 12,967 232,108
- Discontinued Operations : N/A N/A
Total Operating Profit/(Loss) : 41,295 (53,099)
Share of Profit/(Loss) of
Associated Companies : (19,788) (16,488)
Profit/(Loss) after Tax & MI : 10,632 (74,587)
% Change over Last Period : N/A
EPS/(LPS)-Basic : RMB0.004 (RMB0.03)
-Diluted : N/A N/A
Extraordinary (ETD) Gain/(Loss) : N/A N/A
Profit/(Loss) after ETD Items : 10,632 (74,587)
Final Dividend per H Share : NIL NIL
(Specify if with other options) : N/A N/A
B/C Dates for Final Dividend : N/A
Payable Date : N/A
B/C Dates for Annual General Meeting : 24/5/1999 to 22/6/1999 bdi.
Other Distribution for Current Period : N/A
B/C Dates for Other Distribution : N/A

Remark:

Exceptional item

The exceptional item represents net gains on disposal of vessels during
the period.

For more details, please refer to the press announcement today.