Kerry Properties Limited — Earnings Release 2001

Mar 4, 2002

Listed Company Information

KERRY PPT<00683> - Results Announcement (Summary) Kerry Properties Limited announced on 4/3/2002: (stock code: 683) Year end date: 31/12/2001 Currency: HKD (Audited) (Audited) Last Current Corresponding Period Period from 1/1/2001 from 1/1/2000 to 31/12/2001 to 31/12/2000 ('000) ('000) Turnover : 5,036,408 3,195,757 Profit from Operations : 925,184 1,197,998 Finance cost : (397,899) (407,059) Share of Profit/(Loss) of Associates : (1,047) 140,917 Share of Profit/(Loss) of Jointly Controlled Entities : - - Profit after Tax & MI : 395,750 728,201 % Change over Last Period : -46% EPS -Basic : 34.50 cents 64.90 cents -Diluted : N/A N/A Extraordinary (ETD) Gain/(Loss) : - - Profit after ETD Items : 395,750 728,201 Final Dividend per Share : 12 cents 20 cents (Specify if with other options) : (Scrip (Scrip alternative) alternative) B/C Dates for Final Dividend : 11/4/2002 to 17/4/2002 bdi. Payable Date : 31/5/2002 B/C Dates for (-) General Meeting : - Other Distribution for Current Period : - B/C Dates for Other Distribution : - Remarks: 1) A specific provision amounting to HK$360 million has been made for the Constellation Cove development in Tai Po Kau. The Group's 75% share of the provision amounts to HK$270 million. 2) The calculation of earnings per share is based on the profit attributable to shareholders of HK$395,750,000 (2000: HK$728,201,000) and the weighted average number of 1,146,996,273 shares (2000: 1,121,951,220 shares) in issue during the year. The dilution from the outstanding share options granted by the Company in June 2000 is immaterial. There is no dilution arising from the outstanding convertible bonds issued by the Group and the other outstanding share options granted by the Company. Accordingly, diluted earnings per share has not been shown.