HK FERRY (HOLD)<0050> - Results Announcement
Hong Kong Ferry (Holdings) Company Limited announced on 8/9/2000:
(stock code: 50)
Year end date: 31/12/2000
Currency: HK Dollars (Unaudited)
(Unaudited) Last
Current Corresponding
Period Period
from 1/1/2000 from 1/1/1999
to 30/6/2000 to 30/6/1999
('Million) ('Million)
Turnover : 626.4 344.4
Profit/(Loss) from Operations : 112.8 53.7
Finance cost : - (5.8)
Share of Profit/(Loss) of Associates : - -
Share of Profit/(Loss) of
Jointly Controlled Entities : - -
Profit/(Loss) after Tax
& MI : 110.9 46.6
% Change over Last Period : +138%
EPS/(LPS)-Basic : 31.1 cents 13.1 cents
-Diluted : N/A N/A
Extraordinary (ETD) Gain/(Loss) : - -
Profit/(Loss) after ETD Items : 110.9 46.6
Interim Dividend per Share : 8 cents 8 cents
(Specify if with other options) : - -
B/C Dates for Interim Dividend : 3/10/2000 to 5/10/2000 bdi.
Payable Date : 13/10/2000
B/C Dates for (-) General Meeting : N/A
Other Distribution for Current Period : N/A
B/C Dates for Other Distribution : N/A
Remark:
Analysis of (1) Turnover from continuing operations and discontinued
operations and
(2) profit/(loss) from continuing operations and discontinued
operations
(Unaudited) (Unaudited)
Current Period Last Corresponding Period
from 1/1/2000 to from 1/1/1999 to
30/6/2000 30/6/1999
($) Million ($) Million
Turnover
- Continuing : 616.7 235.3
- Discontinued : 9.7 109.1
Operating Profit/(Loss)
- Continuing : 134.7 51.0
- Discontinued : (21.9) (3.1)
Notes:
(1) The Profit from Operations for the last corresponding period from 1
January 1999 to 30 June 1999 has been restated in order to comply with the
requirement of the SSAP1.
(2) Discontinued operations represented the passenger ferry services
terminated as a result of the expiry of ferry franchise on 31 March 1999
and the disposal of vessels and transfer of ferry licences to New World
First Ferry Services Company Limited on 15 January 2000.
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