46d77c80-6ce8-4a01-806a-a52526d06d01.pdf

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.



ANNOUNCEMENT OF UNAUDITED FINANCIAL RESULTS FOR THE SECOND QUARTER AND HALF YEAR ENDED 31 DECEMBER 2015 OF SUBSIDIARY - GUOCOLAND LIMITED


THIS ANNOUNCEMENT IS MADE BY GUOCO GROUP LIMITED ("GUOCO") PURSUANT TO PART XIVA OF THE SECURITIES AND FUTURES ORDINANCE AND RULE 13.09(2)(a) OF THE RULES GOVERNING THE LISTING OF SECURITIES ON THE STOCK EXCHANGE OF HONG KONG LIMITED TO PROVIDE SHAREHOLDERS OF GUOCO WITH FINANCIAL INFORMATION ON A LISTED SUBSIDIARY OF GUOCO, GUOCOLAND LIMITED, WHICH HAS ANNOUNCED ON 22 JANUARY 2016 ITS UNAUDITED FINANCIAL RESULTS FOR THE SECOND QUARTER AND HALF YEAR ENDED 31 DECEMBER 2015.


GuocoLand Limited ("GuocoLand"), a subsidiary of Guoco and listed on Singapore Exchange Securities Trading Limited ("SGX-ST"), has announced on 22 January 2016 the unaudited financial results of GuocoLand and its subsidiaries (the "GuocoLand Group") for the second quarter and half year ended 31 December 2015. The summary of the unaudited financial results of the GuocoLand Group for the second quarter and half year ended 31 December 2015 together with the comparative figures of the previous corresponding financial periods are provided below:‌


GuocoLand Limited‌ Summary of the unaudited financial results of the GuocoLand Group for the second quarter and half year ended 31 December 2015


(Note: The expressions "Company" and "$" mean "GuocoLand" and "Singapore dollars" respectively.)



Second quarter ended

31/12/2015

Second quarter ended

31/12/2014

Half year ended

31/12/2015

Half year ended 31/12/2014

$'000

$'000

$'000

$'000

Revenue‌

239,503

355,692

679,336

579,289

Cost of sales

(178,653)

(235,103)

(474,644)

(391,845)

Gross profit

60,850

120,589

204,692

187,444

Profit before tax

44,398

65,137

732,144

103,117

Tax expense

(1,563)

(22,751)

(137,742)

(35,184)

Profit for the period

42,835

42,386

594,402

67,933


Attributable to:

Owners of the Company

39,033

42,531

589,491

69,499

Non-controlling interests

3,802

(145)

4,911

(1,566)

Profit for the period

42,835

42,386

594,402

67,933


Dividend

No ordinary dividend has been declared for the second quarter and half year ended 31 December 2015.


Remarks: Details of the unaudited financial results of the GuocoLand Group for the second quarter and half year ended 31 December 2015 are accessible at SGX-ST's website (http://www.sgx.com) and are also posted by Guoco as an overseas regulatory announcement on the websites of The Stock Exchange of Hong Kong Limited (http://www.hkexnews.hk) and Guoco (http://www.guoco.com).


By Order of the Board Stella Lo Sze Man Company Secretary‌


Hong Kong, 22 January 2016


As at the date of this announcement, the board of directors of Guoco comprises Mr. Quek Leng Chan as Chairman; Mr. Kwek Leng Hai as President, CEO; Mr. Kwek Leng San and Mr. Tan Lim Heng as non-executive directors and Mr. Volker Stoeckel, Mr. Roderic N. A. Sage and Mr. David Michael Norman as independent non-executive directors.

Guoco Group Limited issued this content on 2016-01-22 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 2016-01-22 11:04:04 UTC

Original Document: http://www.irasia.com/listco/hk/guoco/announcement/a154118-e_31dec15_2qresults_eng.pdf