Hello Imran:
Here is the press release with details...hope this helps.
Doug
16:48 CHEUNG KONG - Results Announcement
Cheung Kong (Holdings) Limited announced on 26/3/98 :
(stock code: 1)
Year end date: 31/12/97
Currency: HKD
Last
Current Corresponding
Period Period
from 1/1/97 from 1/1/96
to 31/12/97 to 31/12/96
($'Million) ($'Million)
Turnover : 7,857 13,202
Profit-Continuing Operations
- Operating Profit/(Loss) : 2,545 3,197
- Exceptional Items : 5,718 1,514
- Discontinued Operations : NIL NIL
Total Operating Profit/(Loss) : 8,263 4,711
Share of Profit/(Loss) of
Associated Companies : 10,768 11,023
Profit/(Loss) after Tax
& MI : 17,602 13,765
% Change over Last Period : +27.9%
EPS/(LPS)-Basic : $7.66 $6.02
-Fully diluted : N/A N/A
Extraordinary (ETD) Gain/(Loss) : NIL NIL
Profit/(Loss) after ETD Items : 17,602 13,765
Final Dividend per Share : $1.23 $1.05
(Specify if with other options) : NIL NIL
B/C Dates for Final Dividend : 21/5/98 to 28/5/98 bdi
Payable Date : 29/5/98
B/C Dates for (-) General Meeting : N/A
Other Distribution for Current Period : NIL
B/C Dates for Other Distribution : N/A
Remark:
1997
Exceptional items for the year comprise of the followings HK$Million
(i) the Group's realised profit on disposal of the 7,728
entire 70.66% shareholding in Cheung Kong Infrastructure
Holdings Limited to a subsidiary of Hutchison Whampoa
Limited, an associated company, pursuant to the Group
restructuring in March, 1997
(ii) provision for listed securities (1,260)
(iii) provision for property development project (750)
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5,718
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