1988 — Page 13

TURNOVER

CONSOLIDATED PROFIT AND LOSS ACCOUNT

FOR THE YEAR ENDED 31 DECEMBER 1988

Note

1988

1987

HK$'000

HK$'000

2

674,339

636,302

PROFIT BEFORE TAXATION

3

103,629

89,086

TAXATION

5

LO

14,582

4,108

PROFIT AFTER TAXATION

6

89,047

84,978

DIVIDENDS

7

45,747

36,598

RETAINED PROFIT FOR THE YEAR

43,300

48,380

EARNINGS PER SHARE

The notes on pages 16 to 27 form part of these accounts.

8

51.10

51.10

11