TCIL
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| Date | Announcements & Notices | Format | 03 Feb 12 |
Monthly Return of Equity Issuer on Movements in Securities for the month ended 31 January 2012 |
18 Jan 12 |
Supplemental Memorandum of Understanding |
05 Jan 12 |
Memorandum of Understanding |
More.. |
| Date | Financial Statements | Format | 18 Aug 11 | 2011 Interim Report |
| 31 Mar 11 | 2010 Annual Report | |
| 18 Aug 10 | 2010 Interim Report | More.. |
| 2011 Interim Results - Highlights | |||
(HK$'million) |
For The Six Months Ended 30 June |
||
| Year | 2011 | 2010 | 2009 |
| Revenue | 3,296 | 3,042 | 2,313 |
| Operating Profit | 139 | 173 | 161 |
| Profit attributable to equity shareholders | 100 | 152 | 147 |
| Earnings per share (cents) | 5.0 | 7.6 | 7.3 |
| Dividend per share (cents) | 1.5 | 1.5 | 1.0 |
The first half of 2011 was a challenging period, marked by the earthquake and tsunami in Japan which affected the supply of products to our region of operation. A rapidly appreciating Yen also affected our cost, and together with the limited supply of COEs in Singapore coupled with higher bid prices made our business more difficult.
Compared to the same period last year, revenue increased from HK$3,042 million to HK$3,296 million but group profit decreased from HK$160 million to HK$110 million. Although revenue in Singapore dropped almost 19% it was more than compensated by increase overseas of more than 20% particularly in China, Taiwan and Philippines. Of the total revenue, Singapore contribution dropped to 26% whilst overseas portion rose to 74% of the group total revenue.
The profit drop was due to our equity securities making no contribution when compared to the corresponding period of 2010. In addition, vehicles supply was disrupted due to earthquake & the tsunami in Japan. Further, the exchange rate of our vehicle import cost in Japanese yen rose faster than the Chinese Renminbi aggravating the difficulties.
Net Cash, Cash & Cash Equivalent (net of bank overdraft) improved by $35 million and $257 million respectively. These improvements were due to profit contribution and decrease in net working capital.
Group NTA per share at the end of June 2011 rose to $3.96 from $3.83.We propose an interim dividend of $0.015 per share for the first half of 2011.
Hong Kong, 28 July 2011
| Date | Financial Statements | Format | 18 Aug 11 | 2011 Interim Report |
| 31 Mar 11 | 2010 Annual Report | |
| 18 Aug 10 | 2010 Interim Report | 08 Apr 10 | 2009 Annual Report |
| 18 Aug 09 | 2009 Interim Report | |
| 26 Mar 09 | 2008 Annual Report | |
| 19 Aug 08 | 2008 Interim Report | |
| 03 Apr 08 | 2007 Annual Report | |
| 21 Aug 07 | 2007 Interim Report | |
| 13 Apr 07 | 2006 Annual Report | |
| 21 Aug 06 | 2006 Interim Report | |
| 26 Apr 06 | 2005 Annual Report | |
| 26 Aug 05 | 2005 Interim Report | |
| 30 Mar 05 | 2004 Annual Report | |
| 24 Aug 04 | 2004 Interim Report | |
| 23 Mar 04 | 2003 Annual Report | |
| 09 Sep 03 | 2003 Interim Report | |
| 15 Apr 03 | 2002 Annual Report | |
| 04 Sep 02 | 2002 Interim Report | |
| 19 Apr 02 | 2001 Annual Report | |
| 12 Sep 01 | 2001 Interim Report | |
| 26 Apr 01 | 2000 Annual Report |