KING PACIFIC<0072> - Results Announcement
King Pacific International Holdings Limited announced on 29/12/1999:
(stock code: 72)
Year end date: 31/3/2000
Currency: HKD (Unaudited)
(Unaudited) Last
Current Corresponding
Period Period
from 1/4/1999 from 1/4/1998
to 30/9/1999 to 30/9/1998
('000) ('000)
Turnover
- Continuing : 1,314,392 853,514
- Discontinued : - -
Operating Profit/(Loss)
- Continuing : 7,719 (43,480)
- Discontinued : - -
Total Operating Profit/(Loss) : 7,719 (43,480)
Share of Profit/(Loss) of
Associated Companies : (222) (97)
Share of Profit/(Loss) of
Jointly Controlled Entities : (3,458) -
Profit/(Loss) after Tax & MI : 5,805 (42,458)
% Change over Last Period : N/A
EPS/(LPS) -Basic : 0.71 cent (6.70 cents)
-Diluted : N/A N/A
Extraordinary (ETD) Gain/(Loss) : - -
Profit/(Loss) after ETD Items : 5,805 (42,458)
Interim Dividend per Share : NIL NIL
(Specify if with other options) : NIL NIL
B/C Dates for Interim Dividend : N/A
Payable Date : N/A
B/C Dates for (-) General Meeting : N/A
Other Distribution for Current Period : N/A
B/C Dates for Other Distribution : N/A
Remarks:
1. Exceptional Items
Six months ended 30th
September,
1999 1998
HK$'000 HK$'000
Provisions for permanent diminutions in - (14,207)
values of long term investments
Provision for loans to an associated
company - (11,669)
Provision for diminution in value of an - (2,520)
unlisted investment and non-recovery
of the related loans receivable
Mark to market written back for marketable 1,571 (4,037)
securities
--------------------------
1,571 (32,433)
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2. Earnings/(loss) per share
The basic earnings/(loss) per share for the period and previous period
have been calculated in accordance with the provisions of Statement of
Standard Accounting Practice No. 5 (revised) "Earnings per share" issued
by the Hong Kong Society of Accountants in May, 1998.
a. Basic earnings/(loss) per share
The calculation of earnings/(loss) per share is based on the net profit
attributable to shareholders of HK$5,804,842 (1998 : net loss of
HK$42,458,000) and the weighted average of 818,418,954 shares
(1998 : 634,031,025 shares) in issue during the period.
b. Diluted earnings/(loss) per share
No diluted earnings per share is presented for the period as there are no
dilutive potential ordinary shares.
Diluted loss per share for the previous period has not been presented as
the effect of any dilution is anti-dilutive.
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