Great Eagle Holdings Limited — Earnings Release 2004

Aug 23, 2004

Listed Company Information

Listed Company Information
TIAN AN<00028> - Results Announcement Tian An China Investments Company Limited announced on 23/8/2004: (stock code: 00028 ) Year end date: 31/12/2004 Currency: HKD Auditors' Report: N/A Interim report reviewed by: Auditors (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 : 887,221 415,968 Profit/(Loss) from Operations : 167,331 36,521 Finance cost : (37,830) (22,668) Share of Profit/(Loss) of Associates : (4,046) 1,355 Share of Profit/(Loss) of Jointly Controlled Entities : (2,502) 26,060 Profit/(Loss) after Tax & MI : 52,274 13,160 % Change over Last Period : +297 % EPS/(LPS)-Basic (in dollars) : 0.066 0.015 -Diluted (in dollars) : 0.064 0.015 Extraordinary (ETD) Gain/(Loss) : N/A N/A Profit/(Loss) after ETD Items : 52,274 13,160 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: 1. Turnover represents the aggregate of proceeds on the sale of property development, property investment, sales of construction materials and other operations. 2. Earnings per share The calculation of basic and diluted earnings per share is based on the following data: (Unaudited) Six months ended 30 June 2004 2003 HK$'000 HK$'000 Earnings Earnings for the purposes of basic and diluted earnings per share 52,274 13,160 ======== ======= Six months ended 30 June 2004 2003 Number of shares Weighted average number of ordinary shares for the purpose of basic earnings per share (which has been adjusted for the consolidation of the Company's ordinary shares on 10 March 2004) 786,598,115 849,070,458 Effect of dilutive potential ordinary shares: - Warrants 25,352,058 - ----------- -------------- Weighted average number of ordinary shares for the purpose of dilutive earnings per share 811,950,173 849,070,458 ========= ========= The computation of diluted earnings per share for the six months ended 30 June 2004 does not assume the exercise of the outstanding share options of the subsidiary as the exercise price was higher than the average market price per share. The computation of diluted earning per share for the six months ended 30 June 2003 does not assume the exercise of the Company's outstanding warrants as the exercise price was higher than the average market price per share.