Kerry Properties Limited — Earnings Release 2004

Aug 10, 2004

Listed Company Information

Listed Company Information
KERRY PPT<00683> - Results Announcement Kerry Properties Limited announced on 10/8/2004: (stock code: 00683 ) Year end date: 31/12/2004 Currency: HKD Auditors' Report: N/A Interim report reviewed by: Audit Committee (Unaudited ) (Unaudited ) Last Current Corresponding Period Period from 1/1/2004 from 1/1/2003 to 30/6/2004 to 30/6/2003 Note ('000 ) ('000 ) Turnover : 2,631,849 1,814,468 Profit/(Loss) from Operations : 756,001 (573,521) Finance cost : (61,642) (95,550) Share of Profit/(Loss) of Associates : 224,241 (20,885) Share of Profit/(Loss) of Jointly Controlled Entities : N/A N/A Profit/(Loss) after Tax & MI : 697,970 (591,062) % Change over Last Period : N/A % EPS/(LPS)-Basic (in dollars) : 0.5844 (0.5039) -Diluted (in dollars) : N/A N/A Extraordinary (ETD) Gain/(Loss) : N/A N/A Profit/(Loss) after ETD Items : 697,970 (591,062) Interim Dividend : 20 cents 13 cents per Share (Specify if with other : Scrip alternative Scrip alternative options) B/C Dates for Interim Dividend : 30/8/2004 to 1/9/2004 bdi. Payable Date : 13/10/2004 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) Excluding exceptional items amounting to approximately HK$975 million, profit attributable to shareholders for the six months ended 30 June 2003 amounted to approximately HK$384 million. 2) The calculation of basic earnings/(loss) per share is based on the Group's profit attributable to shareholders of HK$697,970,000 (2003: loss of HK$591,062,000) and the weighted average number of 1,194,366,901 shares (2003: 1,173,021,525 shares) in issue during the period. There was no dilution arising from the outstanding share options granted by the Company in 1997. For the six months ended 30 June 2004, the dilution from the outstanding share options granted by the Company in 1999, 2000, 2001 and 2002 was immaterial (2003: the relevant share options were anti-dilutive). Accordingly, diluted earnings/(loss) per share had not been shown.