新世界发展有限公司

INTERIMRESULTS2009INTERIMRESULTS20091新世界中國地產有限公司NewWorldChinaLandLimited(香港股份代號:917)(HKstockcode:917)新創建集團新創建集團新創建集團新創建集團有限公司有限公司有限公司有限公司NWSHoldingsLimited(香港香港香港香港股份代號股份代號股份代號股份代號:659)(HKstockcode:659)57%72%新世界發展有限公司NewWorldDevelopmentCompanyLimited(香港股份代號:17)(HKstockcode:17)新世界百貨中國有限公司NewWorldDepartmentStoreChinaLimited(香港股份代號:825)(HKstockcode:825)70%大福證券集團有限公司TaifookSecuritiesGroupLimited(香港股份代號:665)(HKstockcode:665)62%(Asat31December2008)NewWorldGroupStructure2Service&Rental服務及租務服務及租務服務及租務服務及租務FacilitiesRental設施租務Contracting建築機電OtherServices其他服務Water水務Roads道路Energy能源Ports港口FinancialServices金融服務Infrastructure基建基建基建基建NWSCorporateStructureFinancialHighlights4ConsolidatedFinancialHighlights(103)1,014.8(32.8)Shareof(Loss)/ProfitfromHarbourPlace22,143.0HK$0.20HK$0.40813.31,241.28,658.22008(HK$’m)(2)22,513.1*Netassets(64)HK$0.55Dividendpershare(64)HK$1.11Earningspershare(64)2,233.5Profitattributabletoshareholders(11)1,393.5AOP(8)9,367.8RevenueChange+/(-)%2007(HK$’m)Forthe6monthsended31December*Asat30Jun20085StrongFinancialPosition
Totalcashonhandandbankbalances:HK$3,671million
Netdebt:HK$5,056million
Netgearingratio:23%(Asat31December2008)6AOPbySegment(4)692.8667.1Sub-total:Infrastructure5363.7382.6Roads(79)207.042.8Energy3270.693.1Water1,241.2263.637.4142.1224.0574.155.62008(HK$’m)107127.1OtherServices(83)214.6FinancialServices(11)1,393.5TOTAL2138.8Contracting6212.3FacilitiesRentalService&Rental(18)700.7Sub-total:(6)59.4PortsChange%Fav./(Unfav.)2007(HK$’m)Forthe6monthsended31December8(Asat31December2008)Infrastructure7projectsinXiamen,Tianjin,DalianandWenzhouPorts21watertreatmentprojectsinMainlandChinaandMacau,oneincinerationplantinMainlandChina,onelandfillprojectinHongKongandonestrategicinvestmentinChongqingWater5powerplantsinMainlandChinaandMacauandonefuelcompanyinGuangzhouEnergy21roadandbridgeprojectsinGuangdong,Guangxi,Shanxi,TianjinandWuhan;andonetunnelprojectinHongKongRoads,7,79AOP-Infrastructure(18)700.7574.1TOTAL(6)59.455.6Ports3270.693.1Water(79)207.042.8Energy5363.7382.6RoadsChange%Fav./(Unfav.)2007(HK$’m)2008(HK$’m)Forthe6monthsended31December10Roads
AOPup5%
TangjinExpressway(TianjinNorthSection)(唐津唐津唐津唐津高速公路高速公路高速公路高速公路(天津北天津北天津北天津北段段段段))up33%and15%intollrevenueandaveragedailytrafficrespectively
PearlRiverDeltaprojectsingeneralrecordedadropintrafficvolumeduetoslowdowninbusinessactivities11珠江三角洲高速公路網珠江三角洲高速公路網珠江三角洲高速公路網珠江三角洲高速公路網PearlRiverDeltaExpresswayNetwork12Energy
AOPdecreasedby79%duetosoaringcoalpricesandslowdowninpowerdemand
ElectricitysalesofZhujiangPowerPlants(珠江電廠珠江電廠珠江電廠珠江電廠)fell10%
ElectricitysalesofGuodianChengduJintangPowerPlant(國電成都金堂電廠國電成都金堂電廠國電成都金堂電廠國電成都金堂電廠)increased12%afterthesecondgenerationunitbecameoperationalin2Hof2007
MacauPower(澳門電力澳門電力澳門電力澳門電力)salesvolumeup6%13Water
AOPincreasedby32%duetoprofitcontributionfromnewinvestmentinChongqingWaterGroup(重慶水務集團重慶水務集團重慶水務集團重慶水務集團)
ChongqingTangjiatuoWasteWaterTreatmentPlant(重重重重慶唐家沱污水處理廠慶唐家沱污水處理廠慶唐家沱污水處理廠慶唐家沱污水處理廠)reported4%growthindailyaveragetreatedvolume
MacauWater(澳門水廠澳門水廠澳門水廠澳門水廠)salesvolumedropped1%
OverallimpactoftheglobalfinancialtsunamiontheWatersegmentwassmall14Dailyproductioncapacityofapprox.500,000m3Operational26%TianjinJieyuanWaterTreatmentPlant天津芥園水廠Dailycapacityofapprox.300tonnesOperationalinmid-201024.5%SuzhouIndustrialPark(Sludgedryingfacility)蘇州工業園(污泥乾化項目)PhaseIdailyproductioncapacityofapprox.200,000m3Operationalin2Hof201128.75%ChongqingYueLaiWaterPlant重慶悅來水廠OperationaldataStatusShare-holdingProjectnameWaterNewInvestments15Ports
AOPdecreasedby6%
EconomicdownturnhassloweddownChina’simportandexport
ThroughputofXiamenNewWorldXiangyuTerminals(廈門象嶼新創建碼頭廈門象嶼新創建碼頭廈門象嶼新創建碼頭廈門象嶼新創建碼頭)dropped6%to379,000TEUs
ThroughputofTianjinOrientContainerTerminals(天天天天津東方海陸集裝箱碼頭津東方海陸集裝箱碼頭津東方海陸集裝箱碼頭津東方海陸集裝箱碼頭)andTianjinFiveContinentsInternationalContainerTerminal(天津五洲國際集裝天津五洲國際集裝天津五洲國際集裝天津五洲國際集裝箱碼頭箱碼頭箱碼頭箱碼頭)fell18%to473,000TEUsand5%to976,000TEUsrespectively17AOP–Service&Rental(4)692.8667.1TOTAL107127.1263.6OtherServices(83)214.637.4FinancialServices2138.8142.1Contracting6212.3224.0FacilitiesRentalChange%Fav./(Unfav.)2007(HK$’m)2008(HK$’m)Forthe6monthsended31December18FacilitiesRental
AOPincreasedby6%
BothHKCECandATLproducedsolidprofitsandcashflow
HKCEC
AtriumLinkexpansiontoincreaseexhibitionspaceby19,400m2fromApril2009
ATL
Occupancymaintainedat99%19ChinaRailContainerTerminalsProject
18pivotalrailcontainerterminalsin18majorcitiesinMainlandChina
Kunming(昆明)terminalwhichcommencedoperationinJan2008andhandledatotalof154,000TEUsin2008achievedabreakevenpositioninitsfirstyearofoperationChengdu(成都)Xian(西安)Zhengzhou(鄭州)Chongqing(重慶)Qingdao(青島)Dalian(大連)20102H2009Wuhan(武漢)Ningbo(寧波)Tianjin(天津)Harbin(哈爾濱)2009Constructionworktobecompleted:Constructionplannedtocommence:20Contracting
AOPup2%
Contract-on-hand:HK$35.6billionasat31Dec2008withremainingvalueofHK$15.7billion
TheHKGovernmentHeadquartersProjectingoodprogress
Totalcontractsum:HK$4.94billion
ShareofinterestbyNWS:50%
TseungKwanOHospitalExpansionJVcontract:TotalcontractsumHK$1.21billion
Wellpositioned