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HID Hidong Estate Plc

50.00
0.00 (0.00%)
24 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-year Report (9649W)

20/11/2017 10:40am

UK Regulatory


Hidong Estate (LSE:HID)
Historical Stock Chart


From Apr 2019 to Apr 2024

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TIDMHID

RNS Number : 9649W

Hidong Estate PLC

20 November 2017

Hidong

Estate

PLC

Interim report of shareholders for the half year ended

30 September 2017

The results for the half year ended 30 September 2017 are given below with appropriate comparative figures:-

Profit and loss account for the half year ended 30 September 2017

 
                              Half year            Half year              Year ended 
                               ended                ended 
                                   30 Sept              30 Sept             31 Mar 
                                     2017                 2016               2017 
                                      RM                  RM                  RM 
 
 Administrative expenses                (60,370)            (91,000)          (201,209) 
 
 Operating loss                         (60,370)            (91,000)          (201,209) 
 Income from investments                  38,715              29,266             37,116 
 Gain on disposal of 
  investments                             23,671                   -             10,016 
 Interest receivable 
  and similar income                     167,100             186,321            407,013 
                             -------------------  ------------------  ----------------- 
 
   Profit on ordinary 
   activities before 
   taxation                              169,116             124,587            252,936 
 
 Tax on profit on ordinary 
  activities                            (40,104)            (44,717)           (89,281) 
                             -------------------  ------------------  ----------------- 
 
   Profit for the period                 129,012              79,870            163,655 
                             -------------------  ------------------  ----------------- 
 
   Basic and diluted                    7.53 sen            4.66 sen           9.55 sen 
   profit per 10p share 
 

Notes:

   1.   The directors do not propose to pay any interim dividend (2016 : 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

   20 November 2017                                                               Chairman 

Hidong

Estate

PLC

Balance sheet as at 30 September 2017

 
                               As at         As at         As at 
                              30 Sept       30 Sept       31 Mar 
                                2017          2016          2017 
                                RM            RM            RM 
 Fixed assets 
 Investments                  1,096,107     1,074,173     1,141,457 
 
 Current assets 
 Debtors                              -             -        25,547 
 Deposits                    10,700,000    10,600,081    10,700,081 
 Cash at bank and in 
  hand                          238,335       222,615       146,191 
                           ------------  ------------  ------------ 
                             10,938,335    10,822,696    10,871,819 
                           ------------  ------------  ------------ 
 Current liabilities 
 Creditors : amount 
  falling due within 
  one year                    (381,634)     (526,338)     (489,480) 
                           ------------  ------------  ------------ 
                              (381,634)     (526,338)     (489,480) 
                           ------------  ------------  ------------ 
 
 Net current assets          10,556,701    10,296,358    10,382,339 
 
 Net assets                  11,652,808    11,370,531    11,523,796 
                           ------------  ------------  ------------ 
 
 Capital and reserves 
 Called up share capital      1,067,846     1,067,846     1,067,846 
 Fair value reserve             328,790       259,310       328,790 
 Profit and loss account     10,256,172    10,043,375    10,127,160 
 
 Shareholders' Funds         11,652,808    11,370,531    11,523,796 
                           ------------  ------------  ------------ 
 

These financial statements were approved by the Board of Directors on 20 November 2017.

   CHEW SING GUAN                                                ) 

)

                                                                                   )    Directors 

)

   CHEW BEOW SOON                                             ) 

Statement of Other Comprehensive Income for the half year ended 30 September 2017

 
                            Half year   Half year   Year ended 
                             ended       ended 
                             30 Sept     30 Sept      31 Mar 
                               2017        2016        2017 
                               RM          RM           RM 
 Profit for the period        129,012      79,870      163,655 
 
 Other Comprehensive 
  Income 
 Unrealised gains on 
  investments                       -           -       69,480 
 
   Total Comprehensive 
   Income for the period      129,012      79,870      233,135 
                           ----------  ----------  ----------- 
 

Hidong

Estate

PLC

Cash flow statement for the half year ended 30 September 2017

 
                                    Half year   Half year      Year 
                                      ended       ended        ended 
                                     30 Sept     30 Sept      31 Mar 
                                       2017        2016        2017 
                                       RM          RM           RM 
 Cash flows from operating 
  activities 
 Profit for the period                129,012      79,870      163,655 
 Adjustments for: 
 Interest receivable and 
  similar income                    (167,100)   (186,321)    (407,013) 
 Gain on disposal of investments     (23,671)           -     (10,016) 
 Income from investments             (38,715)    (29,266)     (37,116) 
 Taxation                              40,104      44,717       89,281 
                                   ----------  ----------  ----------- 
                                     (60,370)    (91,000)    (201,209) 
 Decrease in other creditors        (103,775)    (15,724)     (44,845) 
                                   ----------  ----------  ----------- 
                                    (164,145)   (106,724)    (246,054) 
 Tax paid                            (44,174)    (43,330)     (95,631) 
                                   ----------  ----------  ----------- 
 Net cash used in operating 
  activities                        (208,319)   (150,054)    (341,685) 
                                   ----------  ----------  ----------- 
 Cash flows from investing 
  activities 
 
   Dividend received                   38,715      29,266       31,572 
 Interest received                    192,645     239,023      434,169 
 
   Purchase of investments            (3,168)     (3,290)            - 
 Sale of investments                   72,190           -       14,465 
 Decrease/(increase) in 
  deposits                                 81           -    (100,000) 
                                   ----------  ----------  ----------- 
 Net cash from investing 
  activities                          300,463     264,999      380,206 
                                   ----------  ----------  ----------- 
 Cash flows from financing 
  activities                                -           -            - 
                                   ----------  ----------  ----------- 
 Net increase in cash 
  and cash equivalents                 92,144     114,945       38,521 
                                   ----------  ----------  ----------- 
  Cash and cash equivalents 
   at 1 April                         146,191     107,670      107,670 
 Cash and cash equivalents 
  at 30September/31 March             238,335     222,615      146,191 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

IR FELFSSFWSEDF

(END) Dow Jones Newswires

November 20, 2017 05:40 ET (10:40 GMT)

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