文档介绍:(Incorporated in Bermuda with Limited Liability)
FOR IMMEDIATE RELEASE
SOCAM Reports HK$562 Million Profit for 2008
On Solid Operating Performance of its Businesses
Financial highlights of 2008 Results
Turnover: HK$2,944 million
Profit attributable to shareholders: HK$562 million
Basic earnings per share: HK$
Net asset value per share at 31 December 2008: HK$
(Hong Kong, 2 April 2009) Shui On Construction And Materials Limited (“SOCAM”,
stock code: 983) today announced results for the year ended 31 December 2008. Profit
attributable to shareholders was HK$562 million, down 20% from the previous year
(2007: HK$702 million). The Group’s results were affected by the significant fair value
losses from its shareholding in Shui On Land and in the investee companies under the
venture capital funds, as a result of the extensive corrections in stock markets worldwide.
Earnings per share were HK$, a decrease of 25% compared to the previous year
(2007: HK$). The total turnover was HK$2,944 million, an increase of % from
the previous year (2007: HK$2,811 million)
In view of the difficult business environment and to prepare for th