TABLE-Swire Pacific's 2007 underlying net rises 18 percent
March 6 (Reuters) - Year ended December 31, 2007
(in million HK$ unless stated)
Earnings per A Shr (H.K. dollars) 17.26 vs 14.74
Earnings per B Shr (H.K. dollars) 3.45 vs 2.95
Final Div A shr (H.K. dollars) 2.33 vs 2.20
Final Div B shr (H.K. dollars) 0.466 vs 0.44
Exceptional items n/a vs n/a
Net 26,260 vs 22,566
Underlying Net 10,283 vs 8,716
Turnover 21,553 vs 19,111
Company name Swire Pacific Ltd.
Books close May 5-8
Dividend payable June 3
NOTE - Swire Pacific (0019.HK: Quote, Profile, Research, Stock Buzz) is a general trading house with interests in aviation, property, shipping and offshore services industries, trading and insurance.
Swire posted an 18 percent gain in underlying net profit -- which strips out accounting gains from the shifting valuations of real estate in a portfolio -- of HK$10.283 billion for 2007, lagging a consensus of HK$16.32 billion, according to analysts polled by Reuters Estimates.
The calculation of earnings per 'A' share is based on the weighted average of 920.76 million 'A' shares in issue during the year vs 930.38 million shares in issue during the last year.
The calculation of earnings per 'B' shares is based on the weighted average of 3,003.49 million 'B' shares in issue during the two years.
Total dividend for A shares is HK$3.23 (including interim dividend of HK$0.90) versus HK$2.83, and for B shares it's HK$0.646 (including interim dividend of HK$0.18) vs HK$0.566. (Reporting by Raymond Leung)
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