Tomson Group Limited — Earnings Release 2001

Sep 20, 2001

Listed Company Information

CHINA LAND GP<00149> - Results Announcement (Summary) China Land Group Limited announced on 20/9/2001: (stock code: 149) Year end date: 31/12/2001 Currency: HKD (Unaudited) (Unaudited) Last Current Corresponding Period Period from 1/1/2001 from 1/1/2000 to 30/6/2001 to 30/6/2000 ('000) ('000) Turnover : 84,617 28,411 Profit/(Loss) from Operations : (28,707) (12,228) Finance cost : (8,456) (3,515) Share of Profit/(Loss) of Associates : (543) 0 Share of Profit/(Loss) of Jointly Controlled Entities : 0 0 Profit/(Loss) after Taxation & MI : (38,111) (14,077) % Change over Last Period : N/A EPS/(LPS)-Basic : (3.35 cents) (1.24 cents) -Diluted : N/A N/A Extraordinary (ETD) Gain/(Loss) : N/A N/A Profit/(Loss) after ETD Items : (38,111) (14,077) Interim Dividend per Share : Nil Nil (Specify if with other options) : - - B/C Dates for Interim Dividend : N/A Payable Date : N/A B/C Dates for (-) General Meeting : N/A Other Distribution for Current Period : N/A B/C Dates for Other Distribution : N/A Remarks: 1. Segmental Information An analysis of the Group's turnover and contribution to operating results by business and geographical segment is as follows: Six months ended Six months ended 30th June, 2001 30th June, 2000 Contribution to Contribution to profit (loss) from profit (loss) from Revenue operations Revenue operations HK$'000 HK$'000 HK$'000 HK$'000 By business segments Property sales and development 56,703 (14,093) - (3,513) Property rental 2,989 1,124 3,564 (289) Hotel operation 24,925 3,826 24,847 2,216 Others 1,318 (6,741) 1,189 (3,502) ----------------------------------------------------------------- 85,935 (15,884) 29,600 (5,088) ====== ====== Unallocated overheads (12,823) (7,140) -------- -------- (28,707) (12,228) Finance costs (8,456) (3,515) Share of results of associates (543) - -------- --------- Loss before taxation (37,706) (15,743) ======== ========= By geographical segments Hong Kong 37,742 (20,901) 2,130 (11,424) The People's Republic of China (the "PRC"), other than Hong Kong 48,193 (765) 27,470 (804) Others - (7,041) - - ---------------------------------------------------------------- 85,935 (28,707) 29,600 (12,228) ====== ====== Finance costs (8,456) (3,515) Share of results of associates (543) - -------- -------- Loss before taxation (37,706) (15,743) ======== ======== 2. Loss per share The calculation of the basic loss per share is based on the loss for the period of HK$38,111,000 (2000: HK$14,077,000) and on the weighted average number of 1,136,419,295 (2000: 1,133,974,240) ordinary shares in issue during the period. No dilutive loss per share is presented for either period as there are no dilutive ordinary shares in issue.