ASIA ALUMINUM<00930> - Results Announcement (Summary)
Asia Aluminum Holdings Limited announced on 18/10/2002:
(stock codes: Ord: 930 & War: 314)
Year end date: 30/6/2002
Currency: HKD
Auditors' Report: Unqualified
Review of Interim Report by: N/A
(Audited)
(Audited) Last
Current Corresponding
Period Period
from 1/7/2001 from 1/7/2000
to 30/6/2002 to 30/6/2001
('000) ('000)
Turnover : 1,965,696 2,061,929
Profit/(Loss) from Operations : 253,436 351,833
Finance cost : (42,372) (65,394)
Share of Profit/(Loss) of Associates : - -
Share of Profit/(Loss) of
Jointly Controlled Entities : - -
Profit/(Loss) after Tax & MI : 131,409 195,450
% Change over Last Period : -32.7%
EPS/(LPS)-Basic : 5.78 cents 9.02 cents
-Diluted : 5.31 cents 8.41 cents
Extraordinary (ETD) Gain/(Loss) : - -
Profit/(Loss) after ETD Items : 131,409 195,450
Final Dividend per Share : 1.5 cents 1.0 cent
(Specify if with other options) : - -
B/C Dates for Final Dividend : 4/12/2002 to 9/12/2002 bdi.
Payable Date : 16/12/2002
B/C Dates for Annual General Meeting : 4/12/2002 to 9/12/2002 bdi.
Other Distribution for Current Period : N/A
B/C Dates for Other Distribution : N/A
Remarks:
1. Certain comparative amounts for the year ended 30 June 2001 have
been restated to conform with current year's presentation.
2. No analysis of turnover from continuing operations and
discontinued operations is made as all turnover is derived from continuing
operations in both years.
3. An analysis of profit from continuing operations and discontinued
operations is as follows: -
Year ended Year ended
30/06/2002 30/06/2001
HK$'000 HK$'000
Profit from operating activities
Continuing 244,949 371,731
Discontinued 8,490 (19,898)
---------- ----------
253,439 351,833
======== ========
4. The calculation of basic earnings per share is based on the net
profit attributable to shareholders for the year of HK$131,409,000 (2001:
HK$195,450,000) and the weighted average number of 2,273,832,402 (2001:
2,166,223,638) ordinary shares in issue during the year.
The calculation of diluted earnings per share is based on the net
profit attributable to shareholders for the year of HK$133,213,000 (2001:
HK$197,209,000) and on 2,508,071,214 (2001: 2,343,644,203) ordinary
shares, being the weighted average number of ordinary shares outstanding
during the year, adjusted for the effects of dilutive potential ordinary
shares outstanding during the year.
5. The directors of the Company proposed the payment of a final
dividend of HK 1.5 cents per ordinary for the year ended 30 June 2002,
payable to shareholders whose names appear on the Register of Members of
the Company on 9 December 2002. Dividend warrants are to be dispatched to
the shareholders on or about 16 December 2002.
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