CENTRAL CHINA<00351> - Results Announcement
Central China Enterprises Limited announced on 27/9/2004:
(stock code: 00351 )
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 : 74,329 348
Profit/(Loss) from Operations : (15,091) (22,007)
Finance cost : (275) (793)
Share of Profit/(Loss) of
Associates : N/A (7,244)
Share of Profit/(Loss) of
Jointly Controlled Entities : N/A N/A
Profit/(Loss) after Tax & MI : 20,057 (37,228)
% Change over Last Period : N/A %
EPS/(LPS)-Basic (in dollars) : 0.0396 (0.1398)
-Diluted (in dollars) : N/A N/A
Extraordinary (ETD) Gain/(Loss) : N/A N/A
Profit/(Loss) after ETD Items : 20,057 (37,228)
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 for the six months
ended 30 June 2004 is based on the net profit for the six months ended 30
June 2004 of approximately HK$20,057,000 (six months ended 30 June 2003:
loss of approximately HK$37,228,000) and on the weighted average of
506,963,474 ordinary shares (six months ended 30 June 2003 (restated):
266,337,015 ordinary shares) in issue during the period.
The weighted average number of shares for the last period has been
adjusted for the share consolidation and share subdivision effected on 10
February 2004 and 31 May 2004 respectively.
No diluted earnings per share has been presented for the six months ended
30 June 2004 as the exercise of the Company's outstanding share options
would have an anti-dilutive effect in diluted earnings per share. No
diluted loss per share had been presented for the six months ended 30 June
2003 as the exercise of the share options would result in a decrease in
loss per share for the period.
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