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HID Hidong Estate Plc

50.00
0.00 (0.00%)
Last Updated: 01:00:00
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 (3504F)

26/10/2018 12:34pm

UK Regulatory


Hidong Estate (LSE:HID)
Historical Stock Chart


From Apr 2019 to Apr 2024

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TIDMHID

RNS Number : 3504F

Hidong Estate PLC

26 October 2018

Hidong

Estate

PLC

Interim report of shareholders for the half year ended

30 September 2018

The results for the half year ended 30 September 2018 are given below with appropriate comparative figures:-

Profit and loss account for the half year ended 30 September 2018

 
                                    Half year           Half year               Year ended 
                                     ended               ended 
                                      30 Sept 2018         30 Sept 2017        31 Mar 2018 
                                           RM                   RM                  RM 
 
 Administrative expenses                     (78,883)             (60,370)          (236,646) 
 
 Operating loss                              (78,883)             (60,370)          (236,646) 
 Income from investments                       34,172               38,715             59,357 
 Gain on disposal of investments                    -               23,671                  - 
 Interest receivable and similar 
  income                                      153,716              167,100            407,932 
                                   ------------------  -------------------  ----------------- 
 
   Profit on ordinary activities 
   before taxation                            109,005              169,116            230,643 
 
 Tax on profit on ordinary 
  activities                                 (36,892)             (40,104)           (92,680) 
                                   ------------------  -------------------  ----------------- 
 
   Profit for the period                       72,113              129,012            137,963 
                                   ------------------  -------------------  ----------------- 
 
   Basic and diluted profit                  4.20 sen             7.53 sen           8.05 sen 
   per 10p share 
 

Notes:

   1.   The directors do not propose to pay any interim dividend (2017 : 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.

   Penang                                                                         CHEW SING GUAN 
   26 October 2018                                                            Chairman 

Hidong

Estate

PLC

Balance sheet as at 30 September 2018

 
                                  As at          As at          As at 
                               30 Sept 2018   30 Sept 2017   31 Mar 2018 
                                    RM             RM            RM 
 Fixed assets 
 Investments                      1,286,452      1,096,107     1,286,452 
 
 Current assets 
 Debtors                                  -              -       105,528 
 Deposits                        10,900,000     10,700,000    10,700,000 
 Cash at bank and in hand            76,065        238,335       182,032 
                              -------------  -------------  ------------ 
                                 10,976,065     10,938,335    10,987,560 
                              -------------  -------------  ------------ 
 Current liabilities 
 Creditors : amount falling 
  due within one year             (416,924)      (381,634)     (500,532) 
                              -------------  -------------  ------------ 
                                  (416,924)      (381,634)     (500,532) 
                              -------------  -------------  ------------ 
 
 Net current assets              10,559,141     10,556,701    10,487,028 
 
 Net assets                      11,845,593     11,652,808    11,773,480 
                              -------------  -------------  ------------ 
 
 Capital and reserves 
 Called up share capital          1,067,846      1,067,846     1,067,846 
 Fair value reserve                 403,228        328,790       403,228 
 Profit and loss account         10,374,519     10,256,172    10,302,406 
 
 Shareholders' Funds             11,845,593     11,652,808    11,773,480 
                              -------------  -------------  ------------ 
 

These financial statements were approved by the Board of Directors on 26 October 2018.

   CHEW SING GUAN                            ) 

)

                                                               )    Directors 

)

   CHEW BEOW SOON                         ) 

Hidong

Estate

PLC

Statement of Other Comprehensive Income for the half year ended 30 September 2018

 
                                    Half year      Half year      Year ended 
                                     ended          ended 
                                    30 Sept 2018   30 Sept 2017   31 Mar 2018 
                                         RM             RM            RM 
 
   Profit for the period                  72,113        129,012       137,963 
 
 Other Comprehensive Income 
 Unrealised gains on investments               -              -       104,130 
 Change in fair value during 
  the period 
  on disposal of investments                   -              -         7,591 
 
 
   Total Comprehensive Income 
   for the period                         72,113        129,012       249,684 
                                   -------------  -------------  ------------ 
 

Hidong

Estate

PLC

Cash flow statement for the half year ended 30 September 2018

 
                                           Half year      Half year     Year ended 
                                              ended          ended 
                                          30 Sept 2018   30 Sept 2017     31 Mar 
                                                                           2018 
                                               RM             RM            RM 
 Cash flows from operating activities 
 Profit for the period                          72,113        129,012      137,963 
 Adjustments for: 
 Interest receivable and similar 
  income                                     (153,716)      (167,100)    (407,932) 
 Gain on disposal of investments                     -       (23,671)            - 
 Income from investments                      (34,172)       (38,715)     (59,357) 
 Impairment loss on investments                      -              -        1,300 
 Taxation                                       36,892         40,104       92,680 
                                         -------------  -------------  ----------- 
                                              (78,883)       (60,370)    (235,346) 
 (Decrease)/increase in other 
  creditors                                   (83,000)      (103,775)       27,845 
                                         -------------  -------------  ----------- 
                                             (161,883)      (164,145)    (207,501) 
 Tax paid                                     (37,500)       (44,174)    (109,473) 
                                         -------------  -------------  ----------- 
 Net cash used in operating activities       (199,383)      (208,319)    (316,974) 
                                         -------------  -------------  ----------- 
 Cash flows from investing activities 
 
   Dividend received                            34,172         38,715       53,525 
 Interest received                             259,244        192,645      327,951 
 
   Purchase of investments                           -        (3,168)    (100,932) 
 Sale of investments                                 -         72,190       72,190 
 (Increase)/decrease in deposits             (200,000)             81           81 
                                         -------------  -------------  ----------- 
 Net cash from investing activities             93,416        300,463      352,815 
                                         -------------  -------------  ----------- 
 Cash flows from financing activities                -              -            - 
                                         -------------  -------------  ----------- 
 Net increase in cash and cash 
  equivalents                                (105,967)         92,144       35,841 
                                         -------------  -------------  ----------- 
  Cash and cash equivalents at 
   1 April                                     182,032        146,191      146,191 
 Cash and cash equivalents at 
  30September/31 March                          76,065        238,335      182,032 
 

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.

END

IR FESFFMFASEDS

(END) Dow Jones Newswires

October 26, 2018 07:34 ET (11:34 GMT)

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