Great Eagle Holdings Limited — Earnings Release 2004

Mar 30, 2005

Listed Company Information

Listed Company Information
TIAN AN<00028> - Results Announcement Tian An China Investments Company Limited announced on 30/03/2005: (stock code: 00028 ) Year end date: 31/12/2004 Currency: HKD Auditors' Report: Unqualified (Audited ) (Audited ) Last Current Corresponding Period Period from 01/01/2004 from 01/01/2003 to 31/12/2004 to 31/12/2003 Note ('000 ) ('000 ) Turnover 1 : 1,973,098 1,904,212 Profit/(Loss) from Operations : 437,070 267,798 Finance cost : (76,353) (75,083) Share of Profit/(Loss) of Associates : (1,138) 908 Share of Profit/(Loss) of Jointly Controlled Entities : 48,858 72,730 Profit/(Loss) after Tax & MI : 200,638 102,420 % Change over Last Period : +96 % EPS/(LPS)-Basic (in dollars) 2 : 0.253 0.124 -Diluted (in dollars) 2 : 0.249 0.124 Extraordinary (ETD) Gain/(Loss) : N/A N/A Profit/(Loss) after ETD Items : 200,638 102,420 Final Dividend : Nil Nil per Share (Specify if with other : N/A N/A options) B/C Dates for Final 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 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 the basic and diluted earnings per share for the year is based on the following data: 2004 2003 HK$ HK$ ----- ------- Earnings Earnings for the purposes of basic and diluted earnings per share 200,638 102,420 ====== ====== 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 10th March, 2004) 794,358,424 826,694,787 Effect of dilutive potential ordinary shares: - Warrants (expired on 3rd December, 2004) 11,122,009 - ----------- ---------- Weighted average number of ordinary shares for the purpose of diluted earnings per share 805,480,433 826,694,787 ========= ========= The computation of diluted earnings per share for the both years does not assume the exercise of the Company's outstanding warrants as the exercise price was higher than the average market price per share. The computation of diluted earnings per share for both years 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.