Listed Company Information
 

HK CHINESE LTD<00655> - Results Announcement

Hongkong Chinese Limited announced on  22/9/2004:
(stock code: 00655 )
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  : 762,178            232,311           
Profit/(Loss) from Operations      : (42,922)           50,225            
Finance cost                       : (2,068)            (1,847)           
Share of Profit/(Loss) of 
  Associates                       : (2,886)            (4,278)           
Share of Profit/(Loss) of
  Jointly Controlled Entities      : N/A                N/A               
Profit/(Loss) after Tax & MI       : (48,716)           44,220            
% Change over Last Period          : N/A       %
EPS/(LPS)-Basic (in dollars)    2  : (0.036)            0.033             
         -Diluted (in dollars)     : N/A                N/A               
Extraordinary (ETD) Gain/(Loss)    : N/A                N/A               
Profit/(Loss) after ETD Items      : (48,716)           44,220            
Interim Dividend                   : 1.5 cents          1.5 cents         
  per Share                                                               
(Specify if with other             : N/A                N/A               
  options)                                                                
                                                                          
B/C Dates for 
  Interim Dividend                 : 7/10/2004          to 14/10/2004bdi.
Payable Date                       : 21/10/2004
B/C Dates for (-)            
  General Meeting                  : N/A          
Other Distribution for             : N/A           
  Current Period                     
                                     
B/C Dates for Other 
  Distribution                     : N/A          

Remarks:

1.      Turnover

Turnover represents the aggregate of gross income on treasury investment 
which includes interest income on bank deposits and held-to-maturity 
securities, gross proceeds from sales of investments, gross income from 
underwriting and securities broking, interest and other income from money 
lending business, gross income from fund management, gross premiums from 
insurance business, dividend income and net interest income, commissions, 
dealing income and other revenues from banking subsidiary.

2.      Earnings/ (loss) per share

(a)     Basic earnings/(loss) per share

Basic earnings/(loss) per share is calculated based on (i) the net loss 
from ordinary activities attributable to shareholders of HK$48,716,000 
(2003 - net profit of HK$44,220,000); and (ii) the number of 1,346,829,000 
shares (2003 - the weighted average number of 1,349,134,000 shares) in 
issue during the period.

(b)     Diluted earnings/(loss) per share

No diluted earnings/(loss) per share is presented for the periods ended 
30th June, 2004 and 2003 as there were no dilutive potential ordinary 
shares during these periods.