WINSOR IND<0098> - Results Announcement
Winsor Industrial Corporation, Limited announced on 29/7/1999:
(stock code: 98)
Year end date: 31/3/1999
Currency: HKD
Last
Current Corresponding
Period Period
from 1/4/1998 from 1/4/1997
to 31/3/1999 to 31/3/1998
('000) ('000)
Turnover : 1,000,100 1,115,768
Profit-Continuing Operations
- Operating Profit/(Loss) : 41,103 56,260
- Exceptional Items : (23,514) Nil
- Discontinued Operations : (42,889) (4,810)
Total Operating Profit/(Loss) : (25,300) 51,450
Share of Profit/(Loss) of
Associated Companies and Jointly
Controlled Entities : (2,224) (5,599)
Profit/(Loss) after Tax
& MI : (31,288) 44,111
% Change over Last Period : N/A
EPS/(LPS)-Basic : (12.0 cents) 17.0 cents
-Diluted : N/A N/A
Extraordinary (ETD) Gain/(Loss) : N/A N/A
Profit/(Loss) after ETD Items : (31,288) 44,111
Final Dividend per Share : 6.0 cents 6.0 cents
(Specify if with other options) : Nil Nil
B/C Dates for Final Dividend : 13/9/1999 to 22/9/1999 bdi.
Payable Date : 6/10/1999
B/C Dates for Annual General Meeting : 13/9/1999 to 22/9/1999 bdi.
Other Distribution for Current Period : N/A
B/C Dates for Other Distribution : N/A
Remarks:
1) The comparative figures for Operating Profit and discontinued
operations have been restated to reflect operations discontinued during
the year and adoption of Statement of Standard Accounting Practice No. 21
issued by the Hong Kong Society of Accountants in respect of accounting
for jointly controlled entities.
2) The exceptional item of continuing operation for the current period
represents loans written down in connection with an investment in Mainland
China.
3) Continuing and Discontinued operations:-
1999 1998
HK$'000 HK$'000
Continuing Operations
Operating profit before interest 45,618 71,422
Net interest expenses (4,515) (15,162)
-------- --------
41,103 56,260
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Discontinued Operations
Operating loss before interest (1,403) (12,088)
Net interest expenses (2,736) (2,897)
--------- --------
(4,139) (14,985)
Exceptional item (38,750) 10,175
--------- ---------
(42,889) (4,810)
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