TIDMHID
RNS Number : 9324T
Hidong Estate PLC
26 November 2013
Hidong
Estate
PLC
(Incorporated in England)
Interim report of shareholders for the half year ended
30 September 2013
The results for the half year ended 30 September 2013 are given
below with appropriate comparative figures:-
Profit and loss account for the half year ended 30 September
2013
Half year Half year Year ended
ended ended
30 Sept 2013 30 Sept 2012 31 Mar 2013
RM RM RM
Administrative expenses (104,743) (77,183) (161,755)
-------------------- -------------------- ------------------
Operating loss (104,743) (77,183) (161,755)
Income from investments 45,715 35,717 44,002
Gain on disposal of investments 120,414 - -
Impairment of investments - - (15,080)
Interest receivable on short
term bank deposits 164,954 149,669 322,571
-------------------- -------------------- ------------------
Profit on ordinary activities
before taxation 226,340 108,203 189,738
Tax on profit on ordinary
activities (32,991) (29,934) (61,198)
-------------------- -------------------- ------------------
Retained profit for the period 193,349 78,269 128,540
==================== ==================== ==================
Basic and diluted profit 11.28 sen 4.57 sen 7.50 sen
per 10p share
Notes:
1. The directors do not propose to pay any interim dividend (2012 : 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 2013 Chairman
Hidong
Estate
PLC
(Incorporated in England)
Balance sheet as at 30 September 2013
As at As at As at
30 Sept 2013 30 Sept 2012 31 Mar 2013
RM RM RM
Fixed assets
Investments 1,066,721 1,161,581 1,395,641
Current Assets
Debtors 60,755 41,529 47,546
Cash at bank and in hand 10,261,424 9,754,050 9,729,877
10,322,179 9,795,579 9,777,423
------------- ------------- ------------
Current Liability
Creditors (461,979) (422,475) (454,574)
(461,979) (422,475) (454,574)
------------- ------------- ------------
Net current assets 9,860,200 9,373,104 9,322,849
Net assets 10,926,921 10,534,685 10,718,490
============= ============= ============
Capital And Reserves
Called up share capital 1,067,846 1,067,846 1,067,846
Fair value reserve 200,667 52,051 185,585
Profit and loss account 9,658,408 9,414,788 9,465,059
Shareholders' Funds 10,926,921 10,534,685 10,718,490
============= ============= ============
These financial statements were approved by the Board of
Directors on 26 November 2013.
CHEW SING GUAN )
)
) Directors
)
CHEW BEOW SOON )
Statement of total recognised gains and losses for the half year
ended 30 September 2013
Half year Half year Year ended
ended ended
30 Sept 2013 30 Sept 2012 31 Mar 2013
RM RM RM
Profit for the period 193,349 78,269 128,540
Unrealised gains/(losses)
on investments 15,082 (174,384) (40,850)
------------- ------------- ------------
Total recognised gains/(losses)
for the period 208,431 (96,115) 87,690
============= ============= ============
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 2013 30 Sept 2012 31 Mar 2013
RM RM RM
Operating loss (104,743) (77,183) (161,755)
Decrease in creditors (5,828) (45,375) (9,190)
Net cash outflow from operating
activities (110,571) (122,558) (170,945)
===================== ===================== ============
Cash flow statement for the half year ended 30 September
2013
Half year Half year Year ended
ended ended
30 Sept 2013 30 Sept 2012 31 Mar 2013
RM RM RM
NET CASH OUTFLOW FROM OPERATING
ACTIVITIES (110,571) (122,558) (170,945)
RETURNS ON INVESTMENTS AND
SERVICING OF FINANCE
Dividend received 45,715 35,717 44,002
Interest received 151,857 149,669 323,143
TAXATION
Overseas tax paid (19,869) (29,998) (71,937)
CAPITAL EXPENDITURE AND FINANCIAL
INVESTMENTS
Purchase of investments (5,368) - (115,606)
Sale of investments 469,783 - -
NET CASH INFLOW BEFORE MANAGEMENT
OF LIQUID ESOURCES 531,547 32,830 8,657
MANAGEMENT OF LIQUID RESOURCES
Decrease in short term deposits (600,000) (200,000) (100,000)
------------------- ------------------- -----------------
DECREASE IN CASH (68,453) (167,170) (91,343)
=================== =================== =================
This information is provided by RNS
The company news service from the London Stock Exchange
END
IR VQLBLXFFLFBQ
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
