THE HONGKONG AND SHANGHAI HOTELS, LIMITED

Key financial results
• Turnover decreased by 18% to HK$1,962 million.
• EBITDA decreased by 41% to HK$411 million.
• Profit before non-operating items and taxation decreased by 62% to HK$182 million.
• Profit attributable to shareholders decreased by 71% to HK$462 million.
• Earnings per share decreased by 71% to HK$0.32.
• Shareholders’ funds as at 30 June 2009 amounted to HK$21.3 billion (HK$14.49 per share).
• Adjusted net asset value as at 30 June 2009 amounted to HK$26.3 billion (HK$17.96 per share).
• Gearing ratio increased to 9% (2008: 5%).
• Interim dividend of 3 HK cents (2008: 6.5 HK cents) per share.

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http://www.hshgroup.com/uploadedfiles/News_Centre/News/pdf/2009%20Interim%20Result%20Press%20Release%20-%20English.pdf