Listed Company Information
 

HK CHINESE LTD<00655> - Results Announcement

Hongkong Chinese Limited announced on 20/09/2006:
(stock code: 00655 )
Year end date: 31/12/2006
Currency: HKD
Auditors' Report: N/A
Interim report reviewed by: Audit Committee

                                                        (Unaudited )
                                     (Unaudited )       Last
                                     Current            Corresponding
                                     Period             Period
                                     from 01/01/2006    from 01/01/2005
                                     to 30/06/2006      to 30/06/2005
                               Note  ('000      )       ('000      )
Turnover                        1  : 816,732            677,554           
Profit/(Loss) from Operations      : 144,269            22,640            
Finance cost                       : (12,677)           (3,317)           
Share of Profit/(Loss) of 
  Associates                       : 2,200              (413)             
Share of Profit/(Loss) of
  Jointly Controlled Entities      : (1,968)            N/A               
Profit/(Loss) after Tax & MI       : 128,766            12,313            
% Change over Last Period          : +946      %
EPS/(LPS)-Basic (in dollars)    2  : 0.096              0.009             
         -Diluted (in dollars)     : N/A                N/A               
Extraordinary (ETD) Gain/(Loss)    : N/A                N/A               
Profit/(Loss) after ETD Items      : 128,766            12,313            
Interim Distribution               : 1.5 cents          1.5 cents
  per Share                                              
(Specify if with other             : N/A                N/A
  options)                                               
                                                         
B/C Dates for 
  Interim Distribution             : 06/10/2006         to 13/10/2006 bdi.
Payable Date                       : 20/10/2006
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 rental income, gross income on 
treasury investment which includes interest income on bank deposits and 
debt securities, gross income from securities investment which includes 
proceeds from sales of investments, dividend income and related interest 
income, gross income from underwriting and securities broking, interest 
and other income from money lending and other businesses, and gross 
interest income, commissions, dealing income and other revenues from a 
banking subsidiary.

Due to the adoption of the new and revised Hong Kong Financial Reporting 
Standards ("HKFRSs"), the turnover for the six months ended 30th June, 
2005 as shown in the announcement form has been restated to include that 
attributable to the banking business on a gross rather than net basis and 
the turnover derived from certain investment fund to conform with the 
current period's presentation.

2.      Earnings per share attributable to equity holders of the Company

(a)     Basic earnings per share
        Basic earnings per share is calculated based on (i) the net profit 
for the period attributable to equity holders of the Company of HK$128,
766,000 (2005 - HK$12,313,000); and (ii) the weighted average number of 1
,346,829,000 ordinary shares (2005 - 1,346,829,000 ordinary shares) in 
issue during the period. 

(b)     Diluted earnings per share
        No diluted earnings per share is presented for the periods ended 
30th June, 2006 and 2005 as there were no dilutive potential ordinary 
shares during these periods.