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HID Hidong Estate Plc

50.00
0.00 (0.00%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Hidong Estate Plc LSE:HID London Ordinary Share GB0004251863 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 50.00 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Fabricated Rubber Pds, Nec 0 4k 0.0023 217.39 856.67k

Hidong Estate PLC Half Yearly Report (0687H)

26/11/2015 10:42am

UK Regulatory


Hidong Estate (LSE:HID)
Historical Stock Chart


From Apr 2019 to Apr 2024

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TIDMHID

RNS Number : 0687H

Hidong Estate PLC

26 November 2015

Hidong

Estate

PLC

(Incorporated in England)

Interim report of shareholders for the half year ended

30 September 2015

The results for the half year ended 30 September 2015 are given below with appropriate comparative figures:-

Profit and loss account for the half year ended 30 September 2015

 
                                          Half year             Half year           Year ended 
                                            ended                 ended 
                                        30 Sept 2015          30 Sept 2014          31 Mar 2015 
                                             RM                    RM                   RM 
 
 Administrative expenses                        (90,193)              (84,064)           (248,357) 
                                    --------------------  --------------------  ------------------ 
 
 Operating loss                                 (90,193)              (84,064)           (248,357) 
 Income from investments                          27,612                40,161              46,332 
 Gain on disposal of investments                  19,528                37,186              37,186 
 Interest receivable on short 
  term bank deposits                             165,309               172,441             359,721 
                                    --------------------  --------------------  ------------------ 
 
   Profit on ordinary activities 
   before taxation                               122,256               165,724             194,882 
 
 Tax on profit on ordinary 
  activities                                    (30,821)              (34,488)            (67,851) 
                                    --------------------  --------------------  ------------------ 
 
   Retained profit for the period                 91,435               131,236             127,031 
                                    --------------------  --------------------  ------------------ 
 
   Basic and diluted profit                     5.33 sen              7.66 sen            7.41 sen 
   per 10p share 
 

Notes:

   1.   The directors do not propose to pay any interim dividend (2014 : 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 2015                                                                  Chairman 

Hidong

Estate

PLC

(Incorporated in England)

Balance sheet as at 30 September 2015

 
                                As at          As at          As at 
                             30 Sept 2015   30 Sept 2014   31 Mar 2015 
                                  RM             RM            RM 
 
 Fixed assets 
 Investments                    1,080,860      1,084,579     1,102,280 
 
 Current assets 
 Debtors                           42,933         49,298        42,933 
 Cash at bank and in hand      10,714,841     10,587,584    10,601,165 
                               10,757,774     10,636,882    10,644,098 
                            -------------  -------------  ------------ 
 Current liabilities 
 Creditors                      (478,747)      (464,305)     (477,926) 
                                (478,747)      (464,305)     (477,926) 
                            -------------  -------------  ------------ 
 
 Net current assets            10,279,027     10,172,577    10,166,172 
 
 Net assets                    11,359,887     11,257,156    11,268,452 
                            -------------  -------------  ------------ 
 
 Capital and reserves 
 Called up share capital        1,067,846      1,067,846     1,067,846 
 Fair value reserve               287,178        271,677       287,178 
 Profit and loss account       10,004,863      9,917,633     9,913,428 
 
 Shareholders' Funds           11,359,887     11,257,156    11,268,452 
                            -------------  -------------  ------------ 
 

These financial statements were approved by the Board of Directors on 26 November 2015.

   CHEW SING GUAN                               ) 

)

                                                               )    Directors 

)

   CHEW BEOW SOON                            ) 

Statement of total recognised gains and losses for the half year ended 30 September 2015

 
                                     Half year      Half year     Year ended 
                                        ended          ended 
                                    30 Sept 2015   30 Sept 2014   31 Mar 2015 
                                         RM             RM            RM 
 Profit for the period                    91,435        131,236       127,031 
 Unrealised gains on investments               -         17,129        32,630 
 
   Total recognised gains for 
   the period                             91,435        148,365       159,661 
                                   -------------  -------------  ------------ 
 

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 2015          30 Sept 2014       31 Mar 2015 
                                              RM                    RM                RM 
 
 Operating loss                                  (90,193)              (84,064)     (248,357) 
 (Decrease)/increase in creditors                       -              (13,502)         2,870 
 
 
   Net cash outflow from operating 
   activities                                    (90,193)              (97,566)     (245,487) 
                                     --------------------  --------------------  ------------ 
 

Cash flow statement for the half year ended 30 September 2015

 
                                          Half year            Half year           Year ended 
                                             ended                ended 
                                         30 Sept 2015         30 Sept 2014        31 Mar 2015 
                                              RM                   RM                  RM 
 NET CASH OUTFLOW FROM OPERATING 
  ACTIVITIES                                    (90,193)             (97,566)          (245,487) 
 
 RETURNS ON INVESTMENTS AND 
  SERVICING OF FINANCE 
 Dividend received                                27,612               40,161             39,138 
 Interest received                               165,309              158,872            352,517 
 
 TAXATION 
 Overseas tax paid                              (30,000)             (29,893)           (66,007) 
 
 CAPITAL EXPENDITURE AND FINANCIAL 
  INVESTMENTS 
 Purchase of investments                         (3,928)              (4,995)                  - 
 Sale of investments                              44,876               80,775             80,774 
 
 NET CASH INFLOW BEFORE MANAGEMENT 
  OF LIQUID ESOURCES                             113,676              147,354            160,935 
 
 MANAGEMENT OF LIQUID RESOURCES 
 Increase in short term deposits               (100,000)            (100,000)          (100,000) 
                                     -------------------  -------------------  ----------------- 
 
 INCREASE IN CASH                                 13,676               47,354             60,935 
                                     -------------------  -------------------  ----------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

IR BQLFLEFFXFBE

(END) Dow Jones Newswires

November 26, 2015 05:42 ET (10:42 GMT)

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