Dynamic Holdings Limited — Interim / Quarterly Report 2005

Mar 18, 2005

Listed Company Information

Listed Company Information
DYNAMIC HOLD<00029> - Results Announcement Dynamic Holdings Limited announced on 18/03/2005: (stock code: 00029 ) Year end date: 30/06/2005 Currency: HKD Auditors' Report: N/A Interim report reviewed by: Audit Committee (Unaudited ) (Unaudited ) Last Current Corresponding Period Period from 01/07/2004 from 01/07/2003 to 31/12/2004 to 31/12/2003 Note ('000 ) ('000 ) Turnover : 82,876 197,184 Profit/(Loss) from Operations : 14,875 22,050 Finance cost : (71) (573) 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 : 12,078 18,402 % Change over Last Period : -34 % EPS/(LPS)-Basic (in dollars) : 0.055 0.084 -Diluted (in dollars) : N/A N/A Extraordinary (ETD) Gain/(Loss) : N/A N/A Profit/(Loss) after ETD Items : 12,078 18,402 Interim Dividend : 2 cents 2 cents per Share (Specify if with other : N/A N/A options) B/C Dates for Interim Dividend : 18/04/2005 to 22/04/2005 bdi. Payable Date : 06/05/2005 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. Explanation of turnover For the six months ended 31 December, 2004, the Company and its subsidiaries recorded a turnover of HK$82,876,000, compared to HK$197,184 ,000 for the last corresponding period. This decrease was attributable to the drop of revenue (by about HK$116,726,000) from property sales of Chaoyang Garden in Beijing, as most of the residential units in the first and second phases has been sold and the result thereof having been reflected in the last financial year. 2. Earnings per share The calculation of basic earnings per share is based on the net profit of HK$12,078,000 for the period and on 219,103,681 ordinary shares in issue throughout the period. No diluted earnings per share is shown as there is no dilutive effect on the earnings per share.