Tian An China Investments Co. Ltd. reported audited consolidated cash flow results for the year ended December 31, 2012. For the year, the company’s net cash used in operating activities was HKD 1,284,311,000 against HKD 1,157,475,000 a year ago. Purchase of property, plant and equipment was HKD 239,530,000 against HKD 57,070,000 a year ago.

Tian An China Investments Co. Ltd. announced audited consolidated earnings results for the year ended December 31, 2012. For the year, the company announced revenue of HKD 1,410,086,000 compared to HKD 1,986,707,000 for the same period a year ago. Profit before tax was HKD 711,304,000 compared to HKD 1,133,891,000 for the same period a year ago. Profit for the year was HKD 401,650,000 compared to HKD 747,440,000 for the same period a year ago. Profit for the year attributable to owners of the company was HKD 401,403,000 compared to HKD 747,019,000 for the same period a year ago. Earnings per share, basic were 26.64 cents compared to 49.58 cents for the same period a year ago. The decrease in profit for the year was the result of: no realized contributions from non-core disposals: in 2011, a non-core disposal resulted in a gain of HKD 118.8 million; a decrease in contribution from sales of completed properties; a lower contribution from the cement division; and a decrease in the share of profit of jointly controlled entities of 41% because of the lower profit margin from sales of properties. The company announced the directors propose to seek the approval of shareholders by way of special resolutions at the 2013 annual general meeting to amend the existing articles of association of the company and to adopt a new set of memorandum and articles of association of the company which consolidates the proposed amendments and all previous amendments made pursuant to resolutions passed by the shareholders at general meetings. The board has recommended a final dividend of 4 cents per share for the year ended 31st December, 2012, same as previous year payable to the shareholders of the company whose names appear on the register of members of the company on 7th June, 2013. Subject to approval by the shareholders at the 2013 annual general meeting, dividend warrants are expected to be dispatched to the shareholders by post on or around 28th June, 2013.

Tian An China Investments Co. Ltd. announced that they will report fiscal year 2012 results on Mar 22, 2013