S E A Holdings Limited — Interim / Quarterly Report 2000

Sep 8, 2000

Listed Company Information

SEA HOLDINGS<0251> - Results Announcement S E A Holdings Limited announced on 8/9/2000: (stock codes: Ord: 251 & War: 920) 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 : 429,648 372,220 Profit/(Loss) from Operations : 269,849 204,875 Finance cost : (161,191) (133,614) Share of Profit/(Loss) of Associates : 22,169 4,923 Share of Profit/(Loss) of Jointly Controlled Entities : 281 (330) Profit/(Loss) after Tax & MI : 81,708 79,109 % Change over Last Period : +3.29% EPS/(LPS)-Basic : 16.2 cents 14.5 cents -Diluted : 13.9 cents 13.1 cents Extraordinary (ETD) Gain/(Loss) : - - Profit/(Loss) after ETD Items : 81,708 79,109 Interim Dividend per Share : 6 cents 6 cents (Specify if with other options) : - - B/C Dates for Interim Dividend : 25/9/2000 to 27/9/2000 bdi. Payable Date : 29/9/2000 B/C Dates for (-) General Meeting : N/A Other Distribution for Current Period : N/A B/C Dates for Other Distribution : N/A Remark: 1. The calculation of profit/loss from operations: Half year ended 30th June 2000 1999 HK$'000 HK$'000 Profit from operating activities 269,849 227,860 Loss on dilution of interest in subsidiaries - (22,985 ) ------------------------- Profit/(Loss) from Operations 269,849 204,875 Finance cost (161,191) (133,614) ------------------------- 108,658 71,261 ========================= Under SSAP 1, finance cost is separately shown. 2. The calculation of the basic and diluted earnings per share is based on the following data: Half year ended 30th June, 2000 1999 HK$'000 HK$'000 Earnings Profit for the period 81,708 79,109 ====================== Earnings for the purposes of basic earnings per share 81,708 79,109 Effect of dilutive potential ordinary shares:- Adjustment to share of results of subsidiaries based on dilution of their earnings per share (2,671) - ---------------------- 79,037 79,109 ====================== Half year ended 30th June, 2000 1999 Number of shares Weighted average number of ordinary shares for the purposes of basic earnings per share 504,934,368 546,093,023 Effect of dilutive potential ordinary shares: Options 5,939,054 6,402,981 Warrants 55,982,751 51,306,645 --------------------------- Weighted average number of ordinary shares for the purposes of diluted earnings per share 566,856,173 603,802,649 ===========================