CHINA RES LAND<01109> - Results Announcement
China Resources Land Limited announced on 17/04/2003:
(stock code: 01109 )
Year end date: 31/12/2002
Currency: HKD
Auditors' Report: Unqualified
(Audited )
(Audited ) Last
Current Corresponding
Period Period
from 01/01/2002 from 01/01/2001
to 31/12/2002 to 31/12/2001
Note ('000 ) ('000 )
Turnover : 1,130,158 3,421,068
Profit/(Loss) from Operations : (20,176) 72,106
Finance cost : (5,009) (17,420)
Share of Profit/(Loss) of
Associates : 20,869 (17,928)
Share of Profit/(Loss) of
Jointly Controlled Entities : N/A N/A
Profit/(Loss) after Tax & MI : 74,749 160,115
% Change over Last Period : -53.32 %
EPS/(LPS)-Basic (in dollars) : 0.05 0.107
-Diluted (in dollars) : 0.05 0.106
Extraordinary (ETD) Gain/(Loss) : N/A N/A
Profit/(Loss) after ETD Items : 74,749 160,115
Final Dividend : 2.7 cents 1.2 cents
per Share
(Specify if with other : N/A N/A
options)
B/C Dates for
Final Dividend : 23/06/2003 to 27/06/2003bdi.
Payable Date : 04/07/2003
B/C Dates for Annual
General Meeting : 23/06/2003 to 27/06/2003bdi.
Other Distribution for : N/A
Current Period
B/C Dates for Other
Distribution : N/A
Remarks:
Earnings per share
The calculation of the basic and diluted earnings per share is based on
the following data:
2002 2001
HK$'000 HK$'000
Earnings
Earnings for the purposes of basic
and diluted earnings per share
(net profit for the year) 74,749 160,115
======= ========
2002 2001
Number of shares
Weighted average number of ordinary
shares for the purposes of basic
earnings per share 1,502,246,858 1,497,866,633
Effect of dilutive potential
ordinary shares
- Share options 2,932,058 11,236,108
-------------- --------------
Weighted average number of ordinary
shares for the purposes of diluted
earnings per share 1,505,178,916 1,509,102,741
============== ===============
The computation of diluted earnings per share does not assume the
conversion of the Company's convertible bonds as the conversion price of
those convertible bonds is higher than the average market price for shares
for both 2002 and 2001.
|
