Turnover

CAVENDISH INTERNATIONAL HOLDINGS LIMITED CONSOLIDATED PROFIT AND LOSS ACCOUNT FOR THE PERIOD ENDED 30TH JUNE, 1988

Six Months Ended

30th June

1988

1987

$ Millions $ Millions

435

257 *

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Operating profit

Share of profits less losses of

associated companies

Profit before taxation

Taxation

Hong Kong Overseas

PROFIT BEFORE EXTRAORDINARY ITEMS

188

113

299

110

487

223

15

Extraordinary items less taxation

કોટક નાં

16

13

195

53

PROFIT ATTRIBUTABLE TO THE SHAREHOLDERS

415

248

Dividends

- 203

145

PROFIT FOR THE PERIOD RETAINED

212

103

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EXCEPTIONAL ITEMS INCLUDED IN PROFIT

BEFORE TAXATION

Profit on sale of fixed assets

Release of revaluation reserve to income

EARNINGS PER SHARE

Before extraordinary items

After extraordinary items

DIVIDENDS PER SHARE

62 31

16

14.3 cents

14.3 cents

15.7

12.3 cents

=========

cents

=========X

7.0 cents

5.8 cents

NOTE :

Adjusted to conform with the current period's presentation.

Earnings and dividends per share for 1987 have been adjusted for the rights issue made in November, 1987.

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