Lei Yue Mun 2016 interim report 中期報告 Stock Code 股份代號: 34 2016
Kowloon Development Company Limited 九龍建業有限公司 Kowloon Development Company Limited (Stock Code: 34) has been pursuing a three-tier development strategy in the Greater China region, with its core property business in the Hong Kong and Mainland China markets, and carrying out its Macau property business through its 73.4%-owned listed subsidiary, Polytec Asset Holdings Limited (Stock Code: 208). The Group is now well positioned in all three markets, with its attributable landbank of approximately 5 million sq m. It is committed to enhance its competitive advantages and to become one of the few listed companies in Hong Kong to have capacity to grow significantly in all three markets. 九龍建業有限公司 ( 股份代號 :34) 在大中華地區奉行三線發展策略, 核心業務為香港及中國大陸市場之地產業務, 並通過其擁有 73.4% 權益之上市附屬公司保利達資產控股有限公司 ( 股份代號 :208) 經營澳門地產業務 集團目前在區內三大市場作出卓越部署, 其應佔土地儲備約五百萬平方米, 並致力提升本身之競爭優勢, 目標成為少數能夠在三大市場取得顯著增長之香港上市公司之一 Artist s Impression of Lei Yue Mun Project (Hong Kong) 鯉魚門項目 ( 香港 ) 之電腦構想圖
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David John Shaw 183 17 1712 1716 750 23 (852) 2396 2112 (852) 2789 1370 www.kdc.com.hk enquiry@kdc.com.hk 34 David John Shaw 2
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34 208 73.4% 262,000 53,000 1,178,000 4,049,000 T + T1 525,000 13,000 4
2.91 4.76 38.9% 2.68 5.9% 0.23 0.22 0.21 0.21 2016 5
2.91 4.76 38.9%0.250.41 2.685.9% 0.230.22 0.21 0.21 44% 7.6% 40% 6.72 49% 60%3523 15 6
T + T1 P 7
Fulleagle Limited2 22 121 5,000,000 4,038 34,100 34,100 100% 2018 723 5,900 5,900 100% 2016 1,388 11,100 11,100 100% 2020 3,240 29,200 29,200 100% 2019 19,335 196,400 196,400 100% 8
135,540 850,000* 839,800* 49% 2017 165,303 712,000 530,300 100% 2018 1,100,000 2,000,000 1,851,700 100% IIB 2016/2017 68,833 404,400 356,500 80% 2017 146,056 519,900 437,900 60% 2017/2018 4,020,743 1,600,000 1,093,200 50% 2016 P 68,000 697,600 697,600 58.8% T + T1 T + T1 17,900 195,600 195,600 58.8% 2017 * 35,000 2016 9
1.694.5% 5.3% 1.44 90% 73.4% 28,900,000 26.4% 50%26,800,000 21,300,000 6,900,000 26 14,800,000 32.2% 10
T + T1 P 2016 11
9,829,000,000 8,707,000,000 1,438,000,0008,391,000,000 1,570,000,000 8,259,000,000728,000,000 4,552,000,000 1,887,000,000 57.2%61.0% 184,000,000 1,013,000,000 1,550,000,000 900,000,000 12
30,000,000 18,298,000,00015,000,000 1,106,000,0002,212,000,000 50% 1,931,000,000 13
3 2,760,097 1,759,214 (2,194,952) (1,092,163) 9,662 10,091 596 (8,644) (8,969) (95,591) (95,465) (120,036) (186,416) (55,790) (38,473) 8 (10,832) 301,389 284,510 649,208 4(a) (66,105) (85,308) 4(c) 45,883 12,723 4(d) 70,685 59,690 4 334,973 636,313 5 (36,074) (145,361) 298,899 490,952 290,979 476,046 7,920 14,906 298,899 490,952 6 0.25 0.41 2032 14
298,899 490,952 (80,608) 1,258 (249,270) 95 (116,150) 1,282 (446,028) 2,635 (147,129) 493,587 (70,553) 476,343 (76,576) 17,244 (147,129) 493,587 2032 2016 15
8 11,479,506 11,156,633 199,977 203,279 19 598,130 616,389 12,277,613 11,976,301 19 48,504 49,325 9 11,865,601 12,114,871 3,107,891 3,140,725 1,891,957 2,137,106 11 1,329,887 895,742 113,921 116,244 30,635,374 30,430,314 10 14,528,068 16,273,680 11 1,449,584 1,495,488 11 34,225 29,760 64,285 56,209 15,000 15,000 1,569,872 1,176,439 17,661,034 19,046,576 12 6,424,855 6,173,325 200,000 200,000 727,179 741,841 1,437,600 1,796,600 132,807 161,144 8,922,441 9,072,910 8,738,593 9,973,666 39,373,967 40,403,980 16
13 3,298,775 5,587,640 13 1,253,142 851,803 8,390,908 6,910,458 21,953 23,342 887,304 927,126 13,852,082 14,300,369 25,521,885 26,103,611 8,417,472 8,417,472 13,980,373 14,476,678 22,397,845 22,894,150 3,124,040 3,209,461 25,521,885 26,103,611 2032 2016 17
8,417,472 416 2,259,307 931,471 11,229,907 22,838,573 3,240,614 26,079,187 476,046 476,046 14,906 490,952 (2,125) 2,422 297 2,338 2,635 (2,125) 2,422 476,046 476,343 17,244 493,587 (414,245) (414,245) (414,245) (5,895) (5,895) 8,417,472 416 2,257,182 933,893 11,291,708 22,900,671 3,251,963 26,152,634 725,994 725,994 12,514 738,508 (83,488) (407,384) (490,872) (52,658) (543,530) (83,488) (407,384) 725,994 235,122 (40,144) 194,978 (241,643) (241,643) (241,643) (2,358) (2,358) 8,417,472 416 2,173,694 526,509 11,776,059 22,894,150 3,209,461 26,103,611 8,417,472 416 2,173,694 526,509 11,776,059 22,894,150 3,209,461 26,103,611 290,979 290,979 7,920 298,899 (172,785) (188,747) (361,532) (84,496) (446,028) (172,785) (188,747) 290,979 (70,553) (76,576) (147,129) (425,752) (425,752) (425,752) (8,845) (8,845) 8,417,472 416 2,000,909 337,762 11,641,286 22,397,845 3,124,040 25,521,885 2,751,0002,696,000 2032 18
1,146,772 (689,222) (216,494) (4,573) (534,438) (20,267) 395,840 (714,062) 1,169,006 1,157,340 (2,419) 42 1,562,427 443,320 1,569,872 443,320 (7,445) 1,562,427 443,320 2032 2016 19
1 34 2 34 622436 662(3)6 3 406(2) 407(2) (3) 2 20
3 2016 21
3 2,760,097 891,809 1,560,738 169,388 48,366 89,796 439,138 122,786 98,100 1,790 195,149 (6,941) 28,254 596 596 (10,832) (10,832) 23,760 23,760 (51,584) (66,105) 334,973 45,883 45,564 319 70,685 14,887 55,798 1,759,214 1,261,101 91,658 177,349 132,002 97,104 446,900 247,668 (28,495) 2,317 194,790 8,096 22,524 301,389 301,389 19,360 19,360 (46,028) (85,308) 636,313 12,723 12,558 165 59,690 14,461 45,229 22
3 46,573,131 8,218,309 12,550,316 10,611,738 12,901,711 629,582 1,661,475 113,921 15,000 1,569,872 24,484 48,296,408 1,891,957 1,864,601 27,356 3,172,176 1,751,803 1,420,373 48,142,902 8,849,947 13,976,353 10,901,324 12,558,019 636,411 1,220,848 116,244 15,000 1,176,439 26,305 49,476,890 2,137,106 2,109,334 27,772 3,196,934 1,800,709 1,396,225 2016 23
4 (a) 68,042 67,334 44,695 57,418 (38,246) (39,444) 74,491 85,308 (8,386) 66,105 85,308 1.20% 1.78%1.46% 1.64% 5.50% 6.65%6.00% 6.77% (b) (157,211) (165,682) (169,388) (177,349) 12,177 11,667 25,188 50,404 (30,717) (14,366) 16,544,000 41,435,000 (c) 45,148,000 12,723,000 (d) 32,621,000 31,585,000 24
5 37,171 65,448 13,329 2,380 50,500 67,828 19,338 1,068 (33,764) 76,465 36,074 145,361 16.5% 16.5% 30% 60% 6 (a) (b) 290,979,000 476,046,000 1,150,681,275 1,150,681,275 2016 25
7 (a) 0.21 0.21 241,643 241,643 (b) 0.37 0.36 425,752 414,245 8 2,911,802,0002,701,693,000 10,832,000301,389,000 13,639,000 84,326,000 26
9 PT + T1 P P P T + T1 T + T1 P P 569,819,000660,066,000 2016 27
10 12,915 12,915 11,888,763 13,800,534 2,618,435 2,451,423 7,955 8,808 14,528,068 16,273,680 12,915,00012,915,000 8,594,093,0009,739,770,000 11 2,262,352 1,880,510 64,811 28,368 246 1,693 14,244 15,386 2,341,653 1,925,957 40,136 36,144 431,907 458,889 2,813,696 2,420,990 28
12 1,162,003 1,173,878 44,187 54,428 2 121 26,643 27,295 1,232,835 1,255,722 79,452 77,179 908,535 608,355 4,204,033 4,232,069 6,424,855 6,173,325 13 14 13 2016 29
14 11,865,601 12,114,871 12,114,871 12,227,420 (249,270) (112,549) 11,865,601 12,114,871-10% +10% 5%551,045,000 551,111,000538,446,000551,509,000 30
15 30,190,000 68,016,000 16 1,105,688,000 590,847,0002,211,376,0001,181,694,000 50% 1,930,566,000 1,181,694,000 17 18,297,935,00015,409,144,000 15,000,00015,000,000 18 (a) (b) 22,277,000 24,884,000 (c) 219,500,000219,500,000 64,285,00056,209,000 727,179,000741,841,000 (d) 1,698,856,0001,848,053,000 1,444,000,0001,620,000,000 35,034,000 997,000,000 932,000,000 (e) 184,481,000 100% 2016 31
19 548,842,000564,417,000 48,504,00049,325,000 Caspi Neft TME 73.4% South AlibekCaspi Neft TME 12.5%12.5% 20% 20% 252,128,000303,492,000281,621,000332,135,000 200 20071,135,000 80,355,00062,478,00070,144,000 32
1432 34 34 2410 34 10 8 2016 33
A.2.1A.6.7 A.2.1 A.6.7 13.51B(1) 1. 2. 3. 68,700 70,000 164,100 171,000 179,500 186,700 13.51B(1) 34
13.21 13.21 352 1. 1 830,770,124 2 277,500 3 831,047,624 72.22% 830,770,124 72.20% 2 830,770,124 2 43,500 830,813,624 72.20% 1,425,000 0.12% 4 751,000 0.07% David John Shaw 133,500 67,000 5 200,500 0.02% 180,000 0.02% 2016 35
2. 6 3,260,004,812 73.44% 7 3,260,004,812 73.44% 7 3,260,004,812 7 7,000,000 3,267,004,812 73.60% 2,000,000 0.05% 430,000 0.01% (1) 1,150,681,275 (2) Intellinsight Holdings LimitedIntellinsight Ors Holdings LimitedOHLOHL (3) China Dragon Limited (4) (5) David John Shaw (6) 4,438,967,838 (7) 3,260,004,812Marble King International Limited (2) 36
XVXV7 8 352 336 1 832,016,474 72.30% 2 Ors Holdings Limited 830,770,124 72.19% 3 (1) 1,150,681,275 (2) 831,617,074 (2) (3) (2)Intellinsight XV2 3 336 2016 37
907 890512184 2111.06 1.10 2016 Plus 2410 33 38
www.kdc.com.hk This interim report is printed on environmental friendly paper 本中期報告由環保紙張印製