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Silkwave Inc Earnings Release 2004

Sep 21, 2004

49233_rns_2004-09-21_d6c7357b-f045-4576-ab62-323e707af017.htm

Earnings Release

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Listed Company Information

Listed Company Information
SOUTH CHINA H<00265> - Results Announcement

South China Holdings Limited announced on 21/9/2004:
(stock code: 00265 )
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 : 1,560,588 1,330,234
Profit/(Loss) from Operations : 27,680 (41,475)
Finance cost : (4,484) (5,250)
Share of Profit/(Loss) of
Associates : (3,831) (6,436)
Share of Profit/(Loss) of
Jointly Controlled Entities : N/A N/A
Profit/(Loss) after Tax & MI : 11,365 (27,426)
% Change over Last Period : N/A %
EPS/(LPS)-Basic (in dollars) : 0.0062 (0.015)
-Diluted (in dollars) : N/A N/A
Extraordinary (ETD) Gain/(Loss) : N/A N/A
Profit/(Loss) after ETD Items : 11,365 (27,426)
Interim Dividend : Nil Nil
per Share
(Specify if with other : N/A N/A
options)

B/C Dates for
Interim Dividend : N/A
Payable Date : N/A
B/C Dates for (-)
General Meeting : N/A
Other Distribution for : N/A
Current Period

B/C Dates for Other
Distribution : N/A

Remarks:

Earnings (Loss) per share

The calculation of basic earnings (loss) per share is based on the profit
attributable to shareholders of approximately HK$11,365,000 (six months
ended 30 June 2003: loss of HK$27,426,000) and on approximately
1,823,401,000 shares (six months ended 30 June 2003: 1,823,401,000 shares)
in issue during the period.

Diluted earnings (loss) per share is not shown as there is no dilution
effect for both periods.