E&E INT'L<00033> - Results Announcement (Summary)
Elec & Eltek International Holdings Limited announced on 10/9/2001:
(stock code: 33)
Year end date: 30/6/2001
Currency: HKD (Audited)
(Audited) Last
Current Corresponding
Period Period
from 1/7/2000 from 1/7/1999
to 30/6/2001 to 30/6/2000
('000) ('000)
Turnover : 401,303 220,065
Profit/(Loss) from Operations : (43,873) (23,970)
Finance cost : (11,386) (6,039)
Share of Profit/(Loss) of Associates : 185,931 154,905
Share of Profit/(Loss) of
Jointly Controlled Entities : (2,144) -
Profit/(Loss) after Tax & MI : 105,253 115,292
% Change over Last Period : -8.7%
EPS/(LPS)-Basic : 8.98 cents 9.93 cents
-Diluted : 8.50 cents 9.85 cents
Extraordinary (ETD) Gain/(Loss) : - -
Profit/(Loss) after ETD Items : 105,253 115,292
Final Dividend per Share : 2.0 cents 2.0 cents
(Specify if with other options) : Nil Nil
B/C Dates for Final Dividend : 24/10/2001 to 29/10/2001 bdi.
Payable Date : 16/11/2001
B/C Dates for Annual General Meeting : 24/10/2001 to 29/10/2001 bdi.
Other Distribution for Current Period : N/A
B/C Dates for Other Distribution : N/A
Remark:
Earnings Per Share
The calculation of basic earnings per share is based on the consolidated
net profit attributable to shareholders for the year of HK$105,253,000
(2000: HK$115,292,000) and the weighted average of 1,172,220,579 (2000:
1,161,323,539) ordinary shares in issue during the year.
The calculation of diluted earnings per share is based on the adjusted
consolidated net profit attributable to shareholders for the year of
HK$99,682,000 (2000: HK$114,843,547) and the weighted average of
1,172,788,828 (2000: 1,165,634,049) ordinary shares outstanding during the
year, adjusted for the effects of all dilutive potential shares.
The adjusted consolidated net profit attributable to shareholders is
calculated based on the consolidated net profit attributable to
shareholders for the year of HK$105,253,000 (2000: HK$115,292,000) less
the dilution in the results of a subsidiary by HK$5,571,000 (2000:
HK$448,453) arising from the deemed exercise of all of the outstanding
employee share options of the subsidiary.
The weighted average number of shares used in the calculation of diluted
earnings per share is based on the weighted average of 1,172,220,579
(2000: 1,161,323,539) shares in issue during the year plus the weighted
average of 568,249 (2000: 4,310,510) shares deemed to be issued at no
consideration as if all of the outstanding share options had been
exercised.
The comparative amounts of the basic and diluted earnings per share have
been adjusted for the effect of the bonus issue of one bonus share for
every five existing shares during the year.
For more details, please refer to the press announcement today.
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