CHINA RES LAND<01109> - Results Announcement
China Resources Land Limited announced on 07/04/2005:
(stock code: 01109 )
Year end date: 31/12/2004
Currency: HKD
Auditors' Report: Unqualified
(Audited )
(Audited ) Last
Current Corresponding
Period Period
from 01/01/2004 from 01/01/2003
to 31/12/2004 to 31/12/2003
Note ('000 ) ('000 )
Turnover : 2,408,793 1,252,282
Profit/(Loss) from Operations : 196,521 63,342
Finance cost : (28,636) (34,362)
Share of Profit/(Loss) of
Associates : 19,989 7,402
Share of Profit/(Loss) of
Jointly Controlled Entities : N/A N/A
Profit/(Loss) after Tax & MI : 150,150 78,871
% Change over Last Period : +90.37 %
EPS/(LPS)-Basic (in dollars) : 0.1 0.052
-Diluted (in dollars) : 0.1 0.052
Extraordinary (ETD) Gain/(Loss) : N/A N/A
Profit/(Loss) after ETD Items : 150,150 78,871
Final Dividend : 3.0 cents 2.7 cents
per Share
(Specify if with other : N/A N/A
options)
B/C Dates for
Final Dividend : 21/06/2005 to 27/06/2005 bdi.
Payable Date : 15/07/2005
B/C Dates for Annual
General Meeting : 21/06/2005 to 27/06/2005 bdi.
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:
2004 2003
HK$'000 HK$'000
Earnings
Earnings for the purposes of basic and diluted
earnings per share (net profit for the year)
150,150 78,871
=======================
2004 2003
Number of shares
Number of ordinary shares for the purposes
of basic earnings per share 1,502,667,428 1,502,667,428
Effect of dilutive potential ordinary shares
- Share options
4,760,350 -
- Convertible bonds 217,249 -
-----------------------------------------
Number of ordinary shares for the purposes
of diluted earnings per share
1,507,645,027 1,502,667,428
=========================================
The computation of diluted earnings per share for year 2003 did not assume
the conversion of the Company's convertible bonds since their exercise
would result in an increase in earnings per share for 2003.
The computation of diluted earnings for year 2003 per share does not
assume the exercise of share options as the average market prices of
shares was lower than the exercise price of share options for 2003.
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