Hidong Estate PLC Half-year Report
25 October 2024 - 6:47PM
RNS Regulatory News
RNS Number : 6722J
Hidong Estate PLC
25 October 2024
Hidong
Estate
PLC
Interim report of shareholders for the half year
ended
30
September 2024
The results for the half year ended 30
September 2024 are given below with appropriate comparative
figures:-
Statement of Comprehensive Income for the half year ended 30
September 2024
|
|
Half year ended
|
Half year ended
|
Year ended
|
|
|
30 Sept
2024
|
30 Sept
2023
|
31 Mar 2024
|
|
|
RM
|
RM
|
RM
|
|
|
|
|
|
|
Income from investments
|
12,304
|
7,647
|
53,976
|
|
Interest receivable and similar
income
|
127,137
|
120,056
|
398,490
|
|
Net Income
|
139,441
|
127,703
|
452,466
|
|
Administrative expenses
|
(43,586)
|
(95,964)
|
(451,229)
|
|
Profit/(Loss) before
taxation
|
95,855
|
31,739
|
1,237
|
|
|
|
|
|
|
Taxation
|
(24,648)
|
(25,500)
|
(90,947)
|
|
Profit/(loss) for the
period
|
71,207
|
6,239
|
89,710
|
|
|
|
|
|
|
Other comprehensive income
|
|
|
|
|
Fair Value (loss)/gain on
investments
|
74,745
|
(1,129)
|
62,175
|
|
Total Comprehensive profit/(loss) for the
period
|
145,952
|
5,110
|
(27,535)
|
|
|
|
|
|
|
Basic and diluted profit/(loss)
per 10p
share
|
4.15
sen
|
0.36
sen
|
(5.23)
sen
|
Notes:
1. The directors do not
propose to pay any interim dividend (2023 :
RM Nil).
2. Copies of the Interim Report are available from
the Company's registered office
at Neville House Steelpark Road, Halesowen, West
Midlands B62 8HD United Kingdom.
Penang,
Malaysia
CHEW SING GUAN
25 October 2024
Chairman
Hidong
Estate
PLC
Balance sheet as at 30 September 2024
|
|
As at
|
As at
|
As at
|
|
|
30 Sept
2024
|
30 Sept
2023
|
31 Mar
2024
|
|
|
RM
|
RM
|
RM
|
|
Fixed assets
|
|
|
|
|
Investments
|
1,169,341
|
1,022,806
|
1,091,926
|
|
|
|
|
|
|
Current assets
|
|
|
|
|
Debtors
|
515
|
37
|
92,267
|
|
Fixed Deposits with licensed
banks
|
4,500,000
|
3,000,000
|
4,500,000
|
|
Cash at bank and short-term
deposits
|
6,505,216
|
8,108,259
|
6,568,608
|
|
|
11,005,731
|
11,108,296
|
11,160,875
|
|
Current liabilities
|
|
|
|
|
Creditors : amount falling due within
one year
|
(175)
|
(67,255)
|
(223,857)
|
|
|
(175)
|
(67,255)
|
(223,857)
|
|
|
|
|
|
|
Net current
assets
|
11,005,556
|
11,041,041
|
10,937,018
|
|
|
|
|
|
|
Net assets
|
12,174,897
|
12,063,847
|
12,028,944
|
|
|
|
|
|
|
Capital and reserves
|
|
|
|
|
Called up share capital
|
1,067,846
|
1,067,846
|
1,067,846
|
|
Revaluation reserve
|
124,157
|
(11,634)
|
49,411
|
|
Profit and loss reserve
|
10,982,894
|
11,007,635
|
10,911,687
|
|
|
|
|
|
|
Shareholders' funds
|
12,174,897
|
12,063,847
|
12,028,944
|
These financial statements were
approved by the Board of Directors on 25 October 2024.
CHEW SING GUAN
)
)
)
Directors
)
CHEW BEOW SOON
)
Hidong
Estate
PLC
Statement of cash flows for the half year ended 30
September 2024
|
|
Half year
ended
|
Half year
ended
|
Year ended
|
|
|
30 Sept
2024
|
30 Sept
2023
|
31 Mar 2024
|
|
|
RM
|
RM
|
RM
|
Cash flows from operating
activities
|
|
|
|
|
Profit/(loss) for the
period
|
71,207
|
6,239
|
(89,710)
|
|
Adjustments for:
|
|
|
|
|
Interest receivable and similar
income
|
(127,137)
|
(120,056)
|
(398,490)
|
|
Income from investments
|
(12,304)
|
(7,647)
|
(53,976)
|
|
Taxation
|
24,648
|
25,500
|
90,947
|
|
|
(43,586)
|
(95,964)
|
(451,229)
|
|
(Decrease)/increase in
other creditors
|
(223,682)
|
(47,745)
|
75,957
|
|
Decrease/(increase) in
other debtors
|
91,752
|
80,731
|
-
|
|
|
(175,516)
|
(62,978)
|
(375,272)
|
|
Tax paid
|
(24,648)
|
(25,500)
|
(58,000)
|
|
Tax refunded
|
-
|
-
|
14,140
|
|
Net
cash used in operating activities
|
(200,164)
|
(88,478)
|
(419,132)
|
Cash flows from investing
activities
|
|
|
|
|
Income from investments
|
12,304
|
7,647
|
41,121
|
|
Interest received
|
127,137
|
120,056
|
376,267
|
|
Purchase of investments
|
(2,669)
|
(1,318)
|
-
|
|
Decrease in deposits
|
-
|
-
|
(1,500,000)
|
Net cash from investing
activities
|
136,772
|
126,385
|
(1,082,612)
|
Cash flows from financing
activities
|
|
|
-
|
Net (decrease)/increase in cash and
cash equivalents
|
(63,392)
|
37,907
|
(1,501,744)
|
Cash and cash equivalents at 1
April
|
6,568,608
|
8,070,352
|
8,070,352
|
Cash and cash equivalents
at
30September/31 March
|
6,505,216
|
8,108,259
|
6,568,608
|
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact
rns@lseg.com or visit
www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our
Privacy
Policy.
END
IR FEASWIELSEDS
Hidong Estate (LSE:HID)
Historical Stock Chart
From Nov 2024 to Dec 2024
Hidong Estate (LSE:HID)
Historical Stock Chart
From Dec 2023 to Dec 2024
