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Folangsi Co., Ltd Earnings Release 1999

Apr 10, 2000

50629_rns_2000-04-10_e3b1e168-f0c5-4632-b93c-1684ded703a6.htm

Earnings Release

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Listed Company Information

CHI RES BEIJING<1109> - Results Announcement

China Resources Beijing Land Limited announced on 10/4/2000:
(stock code: 1109)
Year end date: 31/12/1999
Currency: HK$ (Audited)
(Audited) Last
Current Corresponding
Period Period
from 1/1/1999 from 1/1/1998
to 31/12/1999 to 31/12/1998
('000) ('000)
Turnover
- Continuing : 443,918 865,713
- Discontinued : - -
Operating Profit/(Loss)
- Continuing : 200,360 396,155
- Discontinued : - -
Total Operating Profit/(Loss) : 200,360 396,155
Share of Profit/(Loss) of
Associated Companies : (38,629) 13,515
Share of Profit/(Loss) of
Jointly Controlled Entities : - -
Profit/(Loss) after Tax & MI : 153,595 303,948
% Change over Last Period : -49.47%
EPS/(LPS)-Basic : 10 cents 21 cents
-Diluted : - -
Extraordinary (ETD) Gain/(Loss) : - -
Profit/(Loss) after ETD Items : 153,595 303,948
Final Dividend per Share : 2 cents 4 cents
(Specify if with other options) : - -
B/C Dates for Final Dividend : 23/5/2000 to 29/5/2000 bdi.
Payable Date : 5/6/2000
B/C Dates for Annual General Meeting : 23/5/2000 to 29/5/2000 bdi.
Other Distribution for Current Period : -
B/C Dates for Other Distribution : -

Remarks:

1. Operating profit

Included in the operating profit was 78,455,000 (1998: HK$167,583,000)
profit on purchase of the Group's convertible bonds.

2. Earnings per share

Earnings per share is based on the profit attributable to shareholders of
HK$153,595,000 (1998: HK$303,948,000) and on the weighted average
number of 1,496,459,428 (1998: 1,434,209,428) shares in issue during the
year. Diluted earnings per share is not shown as potential ordinary
shares are anti-dilutive.