08:57 NANYANG HOLD<00212> - Results Announcement (2) 2 Turnover and Segment Information The Group is principally engaged in property investment, investment holding and trading, and textile trading. Turnover recognised during the year comprises the following : 2004 2003 HK$million HK$million Gross rental income from investment properties 31.5 32.6 Net realised and unrealised gains on trading investments 17.4 54.1 Dividend income from listed investments 2.1 2.9 Dividend income from unlisted investments 1.5 0.6 Interest income 2.5 1.8 Management fee income from investment properties 8.3 8.0 Commission income 8.4 5.4 ---------------------- 71.7 105.4 ====================== (a) Primary reporting format - business segments The Group is organised on a worldwide basis into three main business segments: Textile - manufacture and distribution of textile products Property - investment in and leasing of industrial/office premises Investment - holding and trading of investment securities There are no sales or other transactions between the business segments. Textile Property Investment Group 2004 2004 2004 2004 HK$million HK$million HK$million HK$million Turnover 8.4 39.8 23.5 71.7 ====================================================== Segment results 3.3 6.3 20.2 29.8 ====================================== Finance costs (0.1) Share of profits of jointly controlled entities 9.9 - - 9.9 ------ Profit before taxation 39.6 Taxation (2.5) ------ Profit for the year 37.1 ====== Textile Property Investment Group 2003 2003 2003 2003 HK$million HK$million HK$million HK$million Turnover 5.4 40.6 59.4 105.4 ======================================================= Segment results 1.5 1.3 45.3 48.1 ==================================== Finance costs (0.1) Share of profits of jointly controlled entities 10.5 - - 10.5 ------ Profit before taxation 58.5 Taxation (2.1) ------ Profit for the year 56.4 ======