TIDMHID
RNS Number : 9993R
Hidong Estate PLC
26 November 2012
Hidong
Estate
PLC
(Incorporated in England)
Interim report of shareholders for the half year ended
30 September 2012
The results for the half year ended 30 September 2012 are given
below with appropriate comparative figures:-
Profit and loss account for the half year ended 30 September
2012
Half year Half year Year ended
ended ended
30 Sept 2012 30 Sept 2011 31 Mar 2012
RM RM RM
Administrative expenses (77,183) (79,515) (151,382)
-------------------- -------------------- ------------------
Operating loss (77,183) (79,515) (151,382)
Income from investments 35,717 21,033 29,469
Gain on disposal of investments - 40,935 40,935
Impairment of investments - - (11,440)
Interest receivable on short
term bank deposits 149,669 117,327 311,338
-------------------- -------------------- ------------------
Profit on ordinary activities
before taxation 108,203 99,780 218,920
Tax on profit on ordinary
activities (29,934) (18,638) (64,530)
-------------------- -------------------- ------------------
Retained profit for the period 78,269 81,142 154,390
-------------------- -------------------- ------------------
Basic and diluted profit 4.57 sen 4.74 sen 9.01 sen
per 10p share
Notes:
1. The directors do not propose to pay any interim dividend (2011 : RM Nil).
2. Copies of the Interim Report are available from the Company's
registered office at Neville House 18 Laurel Lane Halesowen West
Midlands B63 3DA.
Penang CHEW SING GUAN
26 November 2012 Chairman
Hidong
Estate
PLC
(Incorporated in England)
Balance sheet as at 30 September 2012
As at As at As at
30 Sept 2012 30 Sept 2011 31 Mar 2012
RM RM RM
Fixed assets
Investments 1,161,581 1,049,503 1,335,965
Current Assets
Debtors 41,529 6,457 40,281
Cash at bank and in hand 9,754,050 9,689,286 9,721,220
9,795,579 9,695,743 9,761,501
------------- ------------- ------------
Current Liability
Creditors (422,475) (423,764) (466,666)
(422,475) (423,764) (466,666)
------------- ------------- ------------
Net current assets 9,373,104 9,271,979 9,294,835
Net assets 10,534,685 10,321,482 10,630,800
------------- ------------- ------------
Capital And Reserves
Called up share capital 1,067,846 1,067,846 1,067,846
Fair value reserve 52,051 (9,635) 226,435
Profit and loss account 9,414,788 9,263,271 9,336,519
Shareholders' Funds 10,534,685 10,321,482 10,630,800
------------- ------------- ------------
These financial statements were approved by the Board of
Directors on 26 November 2012.
CHEW SING GUAN )
)
) Directors
)
CHEW BEOW SOON )
Statement of total recognised gains and losses for the half year
ended 30 September 2012
Half year Half year Year ended
ended ended
30 Sept 2012 30 Sept 2011 31 Mar 2012
RM RM RM
Profit for the period 78,270 81,142 154,390
Unrealised losses on investments (174,384) (288,195) (52,125)
Total recognised (losses)/gains
for the period (96,114) (207,053) 102,265
------------- ------------- ------------
Hidong
Estate
PLC
(Incorporated in England)
Reconciliation of operating loss to net cash outflow from
operating activities
Half year Half year Year ended
ended ended
30 Sept 2012 30 Sept 2011 31 Mar 2012
RM RM RM
Operating loss (77,183) (79,515) (151,382)
Decrease in debtors - 24,324 -
(Decrease)/increase in creditors (45,375) (31,974) 9,210
Net cash outflow from operating
activities (122,558) (87,165) (142,172)
--------------------- --------------------- ------------
Cash flow statement for the half year ended 30 September
2012
Half year Half year Year ended
ended ended
30 Sept 2012 30 Sept 2011 31 Mar 2012
RM RM RM
NET CASH OUTFLOW FROM OPERATING
ACTIVITIES (122,558) (87,165) (142,172)
RETURNS ON INVESTMENTS AND
SERVICING OF FINANCE
Dividend received 35,717 21,033 29,469
Interest received 149,669 117,327 306,516
TAXATION
Overseas tax paid (29,998) (18,638) (67,490)
CAPITAL EXPENDITURE AND FINANCIAL
INVESTMENTS
Purchase of investments - (701,658) (763,490)
Sale of investments - 585,411 585,411
NET CASH INFLOW/(OUTFLOW)
BEFORE MANAGEMENT OF LIQUID
ESOURCES 32,830 (83,690) (51,756)
MANAGEMENT OF LIQUID RESOURCES
(Increase)/decrease in short
term deposits (200,000) 200,000 200,000
------------------- ------------------- -----------------
(DECREASE)/INCREASE IN CASH (167,170) 116,310 148,244
------------------- ------------------- -----------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
IR FQLFLLFFLFBK
Hidong Estate (LSE:HID)
Historical Stock Chart
From Jan 2025 to Feb 2025
Hidong Estate (LSE:HID)
Historical Stock Chart
From Feb 2024 to Feb 2025
