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Group quarterly resultsQuarter 1 Quarter 2 Quarter 3 Quarter 4 Total Year$’000 % $’000 % $’000 % $’000 % $’000Sales2006 8,957 13 231,555 24 255,605 27 341,901 36 948,0182005 94,469 16 144,145 25 162,945 28 184,832 31 586,391Operating profit2006 38,445 19 75,117 36 43,971 22 46,549 23 204,0822005 41,628 28 36,919 25 29,814 20 38,241 27 146,602Profit before taxation and en bloc property salesand impairment loss2006 46,185 21 75,316 35 39,322 18 57,160 26 217,9832005 45,720 25 38,532 21 40,846 22 58,351 32 183,449Profit before taxation but after en bloc property salesand impairment loss2006 46,185 18 75,316 29 39,322 15 102,585 38 263,4082005 45,720 25 38,532 21 40,846 22 59,539 32 184,637Profit attributable to shareholders2006 36,343 18 44,278 22 38,467 19 81,222 41 200,3102005 36,247 23 30,750 20 33,172 21 55,540 36 155,709Turnover was highest in the fourth quarter due to more progressive revenue recognition for the Group’s residentialdevelopments such as The Seasons in Beijing as well as both Urbana and Park Infinia at Wee Nam in Singapore.Operating profit of $75.1 million in the second quarter was contributed mainly by the sale of Evergro Properties’ subsidiarywhich owned 133 ha of land in Tianjin and earnings from 8 Park Avenue in Shanghai, and Park Infinia at Wee Nam andThe Suites at Central in Singapore.Profit before taxation but after en bloc property sales and impairment loss at $102.6 million was highest in the fourth quarterdue mainly to gains from the sale of Hotel InterContinental in Singapore and Ocean Towers in Shanghai.At the attributable profit level, the Group’s projects did better in all quarters compared with those for the correspondingquarters in 2005 with the fourth quarter recording a profit of $81.2 million. The better performance in 2006 came on theback of higher contributions from residential projects in China and Singapore, and gains from en bloc sales and write-backof provision for properties held for sale, partly offset by impairment loss.Group quarterly resultsKeppel Land LimitedReport to Shareholders 2006