hong kong aircraft engineering strongcompanystrong limited.pdf

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement. HONG KONG AIRCRAFT ENGINEERING COMPANY LIMITED (Incorporated in Hong Kong with limited liability) (Stock Code: 00044) 2014 FINAL RESULTS FINANCIAL HIGHLIGHTS 2014 2013 Change Results Revenue HK$ Million 11,927 7,387 +61.5% Net operating profit HK$ Million 439 228 +92.5% Share of after-tax results of joint venture companies - Hong Kong Aero Engine Services Limited and Singapore Aero Engine Services Pte. Limited HK$ Million 267 465 -42.6% - Other joint venture companies HK$ Million 47 36 +30.6% Profit attributable to the Companys shareholders HK$ Million 573 625 -8.3% Earnings per share for profit attributable to the Companys shareholders (basic and diluted) HK$ 3.45 3.76 -8.3% Total dividends per share HK$ 2.10 2.10 - Financial Position Net borrowings HK$ Million 2,610 193 +1,252.3% Gearing ratio