Kerry Properties Limited — Earnings Release 2000

Feb 23, 2001

Listed Company Information

KERRY PPT<0683> - Results Announcement Kerry Properties Limited announced on 23/2/2001: (stock code: 683) Year end date: 31/12/2000 Currency: HK$ (Audited) (Audited) Last Current Corresponding Period Period from 1/1/2000 from 1/1/1999 to 31/12/2000 to 31/12/1999 ('000) ('000) Turnover : 3,195,757 2,342,175 Profit/(Loss) from Operations : 1,197,998 1,255,374 Finance cost : (407,059) (208,850) Share of Profit/(Loss) of Associates : 140,917 271,059 Share of Profit/(Loss) of Jointly Controlled Entities : - - Profit/(Loss) after Tax & MI : 728,201 1,232,602 % Change over Last Period : -41% EPS/(LPS)-Basic : 64.90 cents 110.25 cents -Diluted : N/A N/A Extraordinary (ETD) Gain/(Loss) : - - Profit/(Loss) after ETD Items : 728,201 1,232,602 Final Dividend per Share : 20 cents 20 cents (Specify if with other options) : (scrip (scrip alternative) alternative) B/C Dates for Final Dividend : 4/4/2001 to 11/4/2001 bdi. Payable Date : 25/5/2001 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) A specific provision amounting to HK$400 million has been made for the Ocean Pointe development in Sham Tseng. (3) The calculation of earnings per share is based on the profit attributable to shareholders of HK$728,201,000 (1999: HK$1,232,602,000) and the weighted average number of 1,121,951,220 shares (1999: 1,118,043,969 shares) in issue during the year. Diluted earnings per share has not been shown as there is no dilution arising from the outstanding convertible bonds issued by the Group and the outstanding share options granted by the Company in previous years and the dilution from the outstanding share options granted by the Company in the current year is immaterial.