Rego Interactive Co., Ltd — Earnings Release 2004

Apr 14, 2005

Listed Company Information

Listed Company Information
TIANJIN CAPITAL<01065> - Results Announcement Tianjin Capital Environmental Protection Company Limited announced on 14/04/2005: (stock code: 01065 ) Year end date: 31/12/2004 Currency: RMB Auditors' Report: Unqualified (Audited ) (Audited ) Last Current Corresponding Period Period from 01/01/2004 from 01/01/2003 to 31/12/2004 to 31/12/2003 Note ('000 ) ('000 ) Turnover : 713,737 594,645 Profit/(Loss) from Operations : 516,480 432,280 Finance cost : (33,669) (19,342) Share of Profit/(Loss) of Associates : N/A N/A Share of Profit/(Loss) of Jointly Controlled Entities : N/A N/A Profit/(Loss) after Tax & MI : 323,197 276,892 % Change over Last Period : +16.72 % EPS/(LPS)-Basic (in dollars) : 0.24 0.21 -Diluted (in dollars) : N/A N/A Extraordinary (ETD) Gain/(Loss) : N/A N/A Profit/(Loss) after ETD Items : 323,197 276,892 Final Dividend : RMB0.10 RMB0.08 per Share (Specify if with other : N/A N/A options) B/C Dates for Final Dividend : To Be Announced Payable Date : To Be Announced B/C Dates for Annual General Meeting : 30/04/2005 to 31/05/2005 bdi. Other Distribution for : N/A Current Period B/C Dates for Other Distribution : N/A Remarks: Business segment analysis Sewage water processing and Manufacture sewage water and selling of processing plants Road and toll construction construction stations materials Group 2004 2004 2004 2004 RMB'000 RMB'000 RMB'000 RMB'000 Turnover 647,517 63,646 2,574 713,737 ================================================================ Segment results 441,662 44,057 (2,908) 482,811 ====================================================== Taxation (160,416) ----------- Profit after taxation 322,395 Minority interests 802 ------------ Profit attributable to shareholders 323,197 ========= Segment assets 4,156,240 443,540 51,978 4,651,758 Investment securities 6,000 ------------ Total assets 4,657,758 ============= Segment liabilities 2,258,445 109,034 17,385 2,384,864 Unallocated liabilities 20,550 ------------ Total liabilities 2,405,414 ============= Capital expenditure 246,652 13,822 30,398 290,872 ============= Depreciation and amortisation 47,490 9,741 705 57,936 ======= Sewage water processing and sewage water processing plants Road and toll construction stations Group 2003 2003 2003 RMB'000 RMB'000 RMB'000 Turnover 533,953 60,692 594,645 =============================================== Segment results 372,287 40,651 412,938 ====================================== Taxation (136,379) ----------- Profit after taxation 276,559 Minority interests 333 ----------- Profit attributable to shareholders 276,892 ========== Segment assets 2,588,738 585,208 3,173,946 Investment in an associated company 9,000 Investment securities 4,000 ----------- Total assets 3,186,946 =========== Segment liabilities 1,064,957 88,263 1,153,220 Unallocated liabilities 13,377 ----------- Total liabilities 1,166,597 =========== Capital expenditure 426,430 5,214 431,644 =========== Depreciation and amortisation 42,774 9,845 52,619 =========== According to Toll Fee Collection Subcontracting Agreement and based on the relevant traffic flow and toll fee forecast report for the six new toll stations, the Company was entitled to receive a minimum toll fee income of Rmb 33,977,000 for the period from 1st July to 31st December 2003. After subtracting the actual toll fee of Rmb27,170,000 received from the six new toll stations, the Toll Fee Collection Office should still require to pay Rmb6,807,000 to the Company as balancing difference of guaranteed toll fee income. At the same time, the Company had paid management fee of Rmb3,560 ,000 to the Toll Fee Collection Office according to the subcontracting agreement. No geographical segment analysis is presented since all of the Group's operations are in the PRC.