Guoco Group Limited — Earnings Release 2005

Jul 15, 2005

Listed Company Information

Listed Company Information
FE HOTELS<00037> - Results Announcement Far East Hotels and Entertainment Limited announced on 15/07/2005: (stock code: 00037 ) Year end date: 31/03/2005 Currency: HKD Auditors' Report: Unqualified (Audited ) (Audited ) Last Current Corresponding Period Period from 01/04/2004 from 01/04/2003 to 31/03/2005 to 31/03/2004 Note ($ ) ($ ) Turnover : 29,925,779 52,724,890 Profit/(Loss) from Operations : (1,117,134) 6,008,623 Finance cost : (3,908,175) (4,630,842) Share of Profit/(Loss) of Associates : 15,108,044 (12,623,490) Share of Profit/(Loss) of Jointly Controlled Entities : N/A N/A Profit/(Loss) after Tax & MI : 8,791,869 (11,794,616) % Change over Last Period : N/A % EPS/(LPS)-Basic (in dollars) : 0.0180 (0.0241) -Diluted (in dollars) : 0.0180 N/A Extraordinary (ETD) Gain/(Loss) : N/A N/A Profit/(Loss) after ETD Items : 8,791,869 (11,794,616) 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 Annual General Meeting : 24/08/2005 to 26/08/2005 bdi. Other Distribution for : N/A Current Period B/C Dates for Other Distribution : N/A Remarks: 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 year of HK$8,791,869 (2004: loss of HK$11,794,616) and on 488,842,675 (2004: 488,842,675) ordinary shares in issue during the year. (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 year. 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.