KERRY PROPERTIES: Final results for the year ended 31 December 1998.

0 Comments | M2 Presswire, March, 1999

M2 PRESSWIRE-9 March 1999-KERRY PROPERTIES: Final results for the year ended 31 December 1998 (C)1994-99 M2 COMMUNICATIONS LTD RDATE:080399 The Directors of Kerry Properties Limited (the "Company") are pleased to announce the audited consolidated final results of the Company and its subsidiaries and associated companies (the "Group") for the year ended 31 December 1998.

The consolidated profit attributable to shareholders decreased by 24 to HK$1,203 million from HK$1,575 million achieved in 1997. Earnings per share were HK116.52 cents, a decrease of 24 over 1997's HK154.17 cents. The basis of calculating the earnings per share is detailed in note 6 below. The Directors recommend a final dividend of HK20 cents per share for 1998 (1997: HK40 cents per...