SHENYANG PUBLIC<0747> - Results Announcement
Shenyang Public Utility Holdings Company Limited announced on 23/3/2001:
(stock code: 747)
Year end date: 31/12/2000
Currency: RMB (Audited) (Audited)
(Audited) Last Last
Current Corresponding Corresponding
Period Period Period
from 1/1/2000 from 2/7/1999 from 1/1/1999
to 31/12/2000 to 31/12/1999 to 31/12/1999
(Proforma)
('000) ('000) ('000)
Turnover : 612,640 222,166 432,368
Profit/(Loss) from Operations : 390,084 126,272 270,032
Finance cost : (10,770) (61) (61)
Share of Profit/(Loss) of
Associates : - - -
Share of Profit/(Loss) of
Jointly Controlled Entities : 21,444 23,698 38,419
Profit/(Loss) after Tax & MI : 287,900 107,092 222,047
% Change over Last Period : +29.66%
EPS/(LPS)-Basic : RMB0.28 RMB0.17 RMB0.36
-Diluted : - - -
Extraordinary (ETD) Gain/(Loss): - - -
Profit/(Loss) after ETD Items : 287,900 107,092 222,047
Final Dividend per H Share : RMB0.05586 NIL NIL
(Specify if with other options): - - -
B/C Dates for Final Dividend : 11/4/2001 to 11/5/2001 bdi.
Payable Date : 18/6/2001
B/C Dates for Annual
General Meeting : 11/4/2001 to 11/5/2001 bdi.
Other Distribution for
Current Period : -
B/C Dates for Other
Distribution : -
Remarks:
1) Basis of preparation
The final results of the Company have been prepared in accordance with
generally accepted accounting principles in Hong Kong and comply with
accounting standards issued by the Hong Kong Society of Accountants ("HK
GAAP"). The accounts are prepared under the historical cost convention as
modified by the revaluation of certain fixed assets.
2) During the year, the Company disposed of its entire 99% interest in
Shenyang Jingwei Passenger Transportation Company Limited to an unrelated
party for a consideration of RMB69,013,000. With only about 5% out of the
Groups for the profit after tax (2000: 1%; 1999: 3%), the turnover (2000:
3%; 1999: 6%) and the net asset (2000: 4%; 1999: 4%), the impact of the
disposal which has resulted a discontinuance of the bus business operation
is not significant to the Group's turnover and operating profit for the
year and the 1999 Period.
3) The Register of Members of the Company will be closed from Wednesday,
11 April 2001 to Friday, 11 May 2001 (both days inclusive) during which
period no transfer of H shares will be effected. Holders of H share who
would like to receive final dividend should dispatch their transfer
documents together with the relevant share certificate to the share
registrar of the Company, Hong Kong Registrars Limited ("HKRL"), on 2nd
floor, Vicwood Plaza, 199 Des Voeux Road Central, Hong Kong, before 4:00
p.m., Tuesday, 10 April, 2001 for registration.
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