Kerry Properties Limited — Earnings Release 2001

Aug 1, 2001

Listed Company Information

KERRY PPT<0683> - Results Announcement (Summary) Kerry Properties Limited announced on 1/8/2001: (stock code: 683) Please refer to the press announcement for the details of the audit committee's review report on the interim financial statement, to be issued by the Company on 2/8/2001. Year end date: 31/12/2001 Currency: HK$ (Unaudited) (Unaudited) Last Current Corresponding Period Period from 1/1/2001 from 1/1/2000 to 30/6/2001 to 30/6/2000 ('000) ('000) Turnover : 2,193,620 1,492,633 Profit from Operations : 456,797 821,882 Finance cost : (187,332) (219,314) Share of Profit of Associates : 65,301 114,484 Share of Profit/(Loss) of Jointly Controlled Entities : - - Profit after Taxation & MI : 281,057 602,737 % Change over Last Period : -53% EPS -Basic : 24.68 cents 53.89 cents -Diluted : N/A N/A Extraordinary (ETD) Gain/(Loss) : - - Profit after ETD Items : 281,057 602,737 Interim Dividend per Share : 20 cents 20 cents (Specify if with other options) : (Scrip (Scrip alternative) alternative) B/C Dates for Interim Dividend : 22/8/2001 to 24/8/2001 bdi. Payable Date : 9/10/2001 B/C Dates for (-) General Meeting : - Other Distribution for Current Period : - B/C Dates for Other Distribution : - Remarks: 1) As a result of the adoption of the revised Hong Kong Statement of Standard Accounting Practice 1, certain comparative figures have been extended accordingly. 2) The calculation of earnings per share is based on the profit attributable to shareholders of HK$281,057,000 (2000: HK$602,737,000) and the weighted average number of 1,138,597,034 shares (2000: 1,118,471,018 shares) in issue during the period. There is no dilution arising from the outstanding convertible bonds issued by the Group and the outstanding share options granted by the Company in 1997 and 2001. The dilution from the outstanding share options granted by the Company in 1999 and 2000 is immaterial. Accordingly, diluted earnings per share has not been shown.