Folangsi Co., Ltd — Earnings Release 2002

Sep 6, 2002

Listed Company Information

CHINA RES LAND<01109> - Results Announcement (Summary) China Resources Land Limited announced on 6/9/2002: (stock code: 1109) Year end date: 31/12/2002 Currency: HK$ Auditors' Report: N/A Review of Interim Report by: Both Audit Committee and Auditors (Unaudited) (Unaudited) Last Current Corresponding Period Period from 1/1/2002 from 1/1/2001 to 30/6/2002 to 30/6/2001 ('000) ('000) Turnover : 392,263 1,139,427 Profit/(Loss) from Operations : 94,200 164,945 Finance cost : (9,808) (10,006) Share of Profit/(Loss) of Associates : (757) 5,923 Share of Profit/(Loss) of Jointly Controlled Entities : - - Profit/(Loss) after Tax & MI : 79,213 75,235 % Change over Last Period : +5.29% EPS/(LPS)-Basic : 5.27 cents 5.02 cents -Diluted : 5.25 cents 4.99 cents Extraordinary (ETD) Gain/(Loss) : - - Profit/(Loss) after ETD Items : 79,213 75,235 Interim Dividend per Share : NIL 1 cent (Specify if with other options) : - - B/C Dates for Interim Dividend : - Payable Date : - B/C Dates for (-) General Meeting : - Other Distribution for Current Period : - B/C Dates for Other Distribution : - Remark: Earning per share The calculation of the basic and diluted earnings per share is based on the following data: Six months ended 30th June, 2002 2001 HK$'000 HK$'000 Net profit for the period and earnings for the purposes of basic and diluted earnings per share 79,213 75,235 ======= ======= Number of shares 2002 2001 Weighted average number of shares for the purposes of basic earnings per share 1,501,819,318 1,497,372,615 Effect of dilutive share options 6,749,814 10,335,016 ------------- -------------- Weighted average number of shares for the purposes of diluted earnings per share 1,508,569,132 1,507,707,631 ============= =============