Kowloon Development Company Limited — Earnings Release 2000

Sep 8, 2000

Listed Company Information

KOWLOON DEV<0034> - Results Announcement Kowloon Development Company Limited announced on 8/9/2000: (stock code: 34) Year end date: 31/12/2000 Currency: HK$ (Unaudited) (Unaudited) Last Current Corresponding Period Period from 1/1/2000 from 1/1/1999 to 30/6/2000 to 30/6/1999 ('000) ('000) Turnover : 230,291 175,371 Profit/(Loss) from Operations : 136,009 110,045 Finance cost : (5,367) (6,216) Share of Profit/(Loss) of Associates : 1,334 (27) Loss on disposal of an associated company: (22) - Share of Profit/(Loss) of Jointly Controlled Entities : - - Profit/(Loss) after Tax & MI : 119,731 98,686 % Change over Last Period : +21% EPS/(LPS)-Basic : 24.7 cents 20.4 cents -Diluted : - - Extraordinary (ETD) Gain/(Loss) : - - Profit/(Loss) after ETD Items : 119,731 98,686 Interim Dividend per Share : 8 cents 8 cents (Specify if with other options) : - - B/C Dates for Interim Dividend : 4/10/2000 to 5/10/2000 bdi. Payable Date : 12/10/2000 B/C Dates for (-) General Meeting : - Other Distribution for Current Period : - B/C Dates for Other Distribution : - Remarks: 1. Profit/(Loss) from Operations is arrived at after adopting the requirements of SSAP 1 (revised) "Presentation of financial statements". Comparative figure has been restated to conform with current period's presentation. 2. The calculation of earnings per share is based on profit attributable to shareholders of HK$119,731,049 (1999 - HK$98,686,689) and 483,767,850 shares in issue during the period. There is no dilution effect in the calculation of earnings per share.