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2005-6-17 01:58:00 p.m. HKT, XFNA
Hong Kong-listed Tern Properties FY net profit 424.16 mln hkd vs 18.69 mln
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HONG KONG (XFN-ASIA) - Tern Properties Co Ltd year to March results:
Sales - 100.34 mln hkd vs 92.18 mln
Opg profit - 335.22 mln hkd vs 17.74 mln
Net profit - 424.16 mln hkd vs 18.69 mln
EPS - 1.38 hkd vs 0.06
Final div - 2.0 hk cents vs 1.8 cents
The company said an amount totalling 313.34 mln hkd, representing
revaluation surplus on investment properties, was included to profit from
operations following the group's adoption of all Hong Kong financial
reporting and accounting standards.
(1 usd = 7.8 hkd)
jun.concepcion@xfn.com
jc/rc
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