2008 Annual Report - Kenford Group Holdings Limited
2008 Annual Report - Kenford Group Holdings Limited
2008 Annual Report - Kenford Group Holdings Limited
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Consolidated Income Statement<br />
For the year ended 31 March <strong>2008</strong><br />
<strong>2008</strong> 2007<br />
Notes HK$’000 HK$’000<br />
Turnover 5 552,891 537,273<br />
Cost of sales (439,020) (436,406)<br />
Gross profit 113,871 100,867<br />
Other income and gains 6 8,238 8,086<br />
Distribution costs (8,172) (7,162)<br />
Administrative expenses (48,601) (43,368)<br />
Loss on fi nancial assets at fair value through profi t or loss, net 30(a)(ii) (40,674) –<br />
Profit from operations 8 24,662 58,423<br />
Finance costs 10 (6,737) (7,915)<br />
Profit before income tax expense 17,925 50,508<br />
Income tax expense 11 (235) (4,193)<br />
Profit attributable to equity holders of the Company 17,690 46,315<br />
Dividends: 13<br />
Interim dividend paid 9,967 6,000<br />
Final dividend proposed<br />
– Ordinary 6,500 8,000<br />
– Special – 4,000<br />
16,467 18,000<br />
Earnings per share (cents)<br />
– Basic 14 4.343 11.579<br />
– Diluted 14 4.343 11.558<br />
36 KENFORD GROUP HOLDINGS LIMITED
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