Final Results

Hidong Estate PLC
27 July 2007



HIDONG ESTATE PLC 
Preliminary Final Results

Profit and loss account for the year ended 31st March 2007


                                                              2007         2006
                                                                RM           RM
Turnover - discontinued operations                          20,024    1,740,941
Cost of sales                                              (11,086)  (1,245,907)
Gross profit                                                 8,938      495,034
Distribution costs                                            (109)     (85,199)
Administrative expenses                                   (251,059)    (228,719)
Other income                                                     -       16,571
Operating (Loss)/Profit - discontinued operations         (242,230)     197,687
(Loss)/Profit on sale of plantation *                     (129,135)   8,260,363
Interest receivable on short term deposits                 347,926       75,973
(Loss)/Profit on ordinary activities before taxation       (23,439)   8,534,023
Tax on profit on ordinary activities                       (70,000)    (572,435)
RETAINED (LOSS)/PROFIT FOR THE YEAR                        (93,439)   7,961,588
(Loss)/Profit per 10p share                              (5.45)sen    464.68sen


* The loss on sale of plantation of RM129,135 is actual expenses incurred in 
current financial year relating to the sale of plantation in the previous year.



Statement of total recognised gains and losses 
for the year ended 31 st March 2007


                                                              2007         2006
                                                                RM           RM
Realised surplus on revaluation of properties                    -   (5,832,048)
Net gains not recognised in the profit and loss account          -   (5,832,048)
(Loss)/Profit for the year                                 (93,439)   7,961,588
Total recognized (loss)/gain relating to 
the financial year                                         (93,439)   2,129,540
 

HIDONG ESTATE PLC 
Preliminary Final Results

Balance Sheet as at 31st March 2007

                                                               2007        2006
                                                                 RM          RM
CURRENT ASSETS   
Stocks                                                            -      41,032
Debtors                                                     173,798     218,413
Cash at bank and in hand                                 10,635,755  10,944,672
                                                         10,809,553  11,203,907
CREDITORS: amounts falling due within one year             (587,812)   (888,727)
NET ASSETS                                               10,221,741  10,315,180

CAPITAL AND RESERVES
Called up share capital                                   1,067,846   1,067,846
Profit and loss account                                   9,153,895   9,247,334
SHAREHOLDERS' FUNDS                                      10,221,741  10,315,180
 

HIDONG ESTATE PLC 
Preliminary Final Results


Cash flow statement for the year ended 31st March 2007
                                                               2007        2006
                                                                 RM          RM
NET CASH (OUTFLOW)/INFLOW FROM
OPERATING ACTIVITIES                                       (579,531)     71,466
RETURNS ON INVESTMENTS AND SERVICING OF FINANCE
Interest received                                           347,926      75,973
TAXATION
Overseas tax paid                                           (77,312)    (80,775)
CAPITAL EXPENDITURE
Purchase of tangible fixed assets                                 -        (650)
Proceeds from disposal of property, plant and equipment           -   9,863,745

NET CASH (OUTFLOW)/INFLOW BEFORE
MANAGEMENT OF LIQUID RESOURCES                             (308,917)  9,929,759

MANAGEMENT OF LIQUID RESOURCES
Increase in short term deposits                                   -  (9,673,359)

(DECREASE)/INCREASE IN CASH                                (308,917)    256,400


The financial information set out above does not constitute statutory accounts
for the year ended 31st March 2007 or 2006 but derived from those accounts.
Statutory accounts for 2006 have been delivered to the Registrar of Companies,
and those for 2007 will be delivered following the Company's annual general
meeting. The auditors have reported on those accounts and did not contain
statements under section 237(2) of (3) of the Companies Act 1985.


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