Guoco Group Limited — Earnings Release 2006

Dec 16, 2005

Listed Company Information

Listed Company Information
FE HOTELS<00037> - Results Announcement Far East Hotels and Entertainment Limited announced on 16/12/2005: (stock code: 00037 ) Year end date: 31/03/2006 Currency: HKD Auditors' Report: N/A Interim report reviewed by: Audit Committee (Unaudited ) (Unaudited ) Last Current Corresponding Period Period from 01/04/2005 from 01/04/2004 to 30/09/2005 to 30/09/2004 Note ($ ) ($ ) Turnover : 10,820,994 12,022,674 Profit/(Loss) from Operations : (9,792,457) (7,832,071) Finance cost : (869,762) (1,987,223) Share of Profit/(Loss) of Associates : 11,701,968 1,933,852 Share of Profit/(Loss) of Jointly Controlled Entities : N/A N/A Profit/(Loss) after Tax & MI : 1,039,749 (7,885,442) % Change over Last Period : N/A % EPS/(LPS)-Basic (in dollars) : 0.0021 (0.0161) -Diluted (in dollars) : 0.0021 N/A Extraordinary (ETD) Gain/(Loss) : N/A N/A Profit/(Loss) after ETD Items : 1,039,749 (7,885,442) 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. Earnings (Loss) Per Share (a) Basic earnings (loss) per share The calculation of basic earnings (loss) per share is based on the profit for the period of HK$1,039,749 (2004: loss of HK$7,885,442) and 488,842,675 (2004: 488,842,675) ordinary shares in issue during the period. (b) Diluted earnings (loss) per share The computation of diluted earnings per share has not assumed the exercise of the outstanding share options of the Company since their exercise prices were greater than the average market price of shares for the period. No diluted loss per share is presented as the exercise of the potential dilutive ordinary shares would result in a reduction in loss per share in year 2004. 2. Share Of Results Of Associates The adoption of Hong Kong Accounting Standard 1 has affected the presentation of share of net after-tax results of associates. The comparative figure has been restated.