GREAT CHINA<0141> - Results Announcement
Great China Holdings Limited announced on 20/9/2000:
(stock code: 141)
Year end date: 31/12/2000
Currency: HK$
(Unaudited) (Unaudited)
6-month 6-month
Period Period
from 1/1/2000 from 1/10/1998
to 30/6/2000 to 31/3/1999
('000) ('000)
Turnover : 603,312 486,859
Profit/(Loss) from Operations : 4,916 12,493
Finance cost : (15,334) (13,545)
Share of Profit/(Loss) of Associates : 2,334 474
Share of Profit/(Loss) of
Jointly Controlled Entities : N/A N/A
Profit/(Loss) after Tax & MI : (9,242) (1,139)
% Change over Last Period : N/A
EPS/(LPS)-Basic : (3.53 cents) (0.44 cent)
-Diluted : N/A N/A
Extraordinary (ETD) Gain/(Loss) : N/A N/A
Profit/(Loss) after ETD Items : (9,242) (1,139)
Interim Dividend per Share : Nil Nil
(Specify if with other options) : N/A N/A
B/C Dates for Interim Dividend : N/A
Payable Date : N/A
B/C Dates for (-) General Meeting : N/A
Other Distribution for Current Period : N/A
B/C Dates for Other Distribution : N/A
Remarks:
(1) No diluted loss per share is shown for the current period and prior
period. The share options have no dilutive effect on the basis loss per
share as the exercise price of the Company's outstanding share options was
higher than the average market price of the Company's share.
(2) By a resolution passed on 24th June 1999, the financial year end date
of the Company was changed to 31st December to be co-terminous with the
financial year end date of its subsidiaries and associated companies in
the People's Republic of China. The result of current period was from 1
Jan 2000 to 30 Jun 2000. The result of last corresponding period was from
1 Oct 1998 to 31 Mar 1999.
(3) The interim result of current period is presented in accordance with
the requirements of SSAP 1 and 2. Comparative figures have been
reclassified to conform with the current period's presentation.
(4) The Group's turnover for the six months ended 30th June, 2000 by
principal activities is analysed as follows:
Six months ended
30.6.2000 31.3.1999
HK$'000 HK$'000
General trading 555,189 466,231
Property investment 11,086 12,009
Ship chartering 21,475 2,220
Securities trading and other
Investment activities 14,431 6,031
Real estate agency services 1,131 368
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603,312 486,859
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