EGANA JEWELLERY<00926> - Results Announcement
Egana Jewellery & Pearls Limited announced on 20/02/2003:
(stock code: 00926 )
Year end date: 31/05/2003
Currency: HKD
Auditors' Report: N/A
Review of Interim Report by: Audit Committee
(Unaudited )
(Unaudited ) Last
Current Corresponding
Period Period
from 01/06/2002 from 01/01/2001
to 30/11/2002 to 30/06/2001
Note ('000 ) ('000 )
Turnover : 369,300 253,995
Profit/(Loss) from Operations : 48,690 17,904
Finance cost : (6,951) (7,837)
Share of Profit/(Loss) of
Associates : N/A N/A
Share of Profit/(Loss) of
Jointly Controlled Entities : N/A N/A
Profit/(Loss) after Tax & MI : 39,044 10,221
% Change over Last Period : N/A %
EPS/(LPS)-Basic (in dollars) : 0.1259 0.0329
-Diluted (in dollars) : N/A N/A
Extraordinary (ETD) Gain/(Loss) : N/A N/A
Profit/(Loss) after ETD Items : 39,044 10,221
Interim Dividend : 6 cents 0.15 cent
per Share
(Specify if with other : N/A N/A
options)
B/C Dates for
Interim Dividend : 17/03/2003 to 19/03/2003bdi.
Payable Date : 29/4/2003
B/C Dates for (-)
General Meeting : N/A
Other Distribution for : N/A
Current Period
B/C Dates for Other
Distribution : N/A
Remarks:
1. Change of financial year end
Pursuant to the directors' resolution passed on 29th April, 2002,
the Group has changed its financial year end from 31st December to 31st
May, so as to be co-terminus with the year-end date of its ultimate
holding company. Accordingly, the interim accounts cover six-month period
from 1st June, 2002 to 30th November, 2002.
2. Share consolidation
On 4th September, 2002, an ordinary resolution was passed at an
extraordinary general meeting to consolidate 5,000,000,000 shares of
HK$0.05 each in the authorized share capital of the Company into
500,000,000 shares of HK$0.50 each by the consolidation of every 10 shares
of HK$0.05 each into one consolidated share of HK$0.50 each.
3. Earnings per share
(a) Basic earnings per share
Basic earnings per share was calculated based on the consolidated
profit attributable to shareholders for the period of approximately
HK$39,044,000 (period ended 30th June, 2001 : HK$10,221,000) and the
weighted average number of ordinary shares of approximately 310,206,000
(period ended 30th June, 2001 : 310,200,500) in issue during the period.
The weighted average number of ordinary shares for the period ended 30th
June, 2001 has been adjusted for the share consolidated as described
above.
(b) Diluted earnings per share
There was no diluted earnings per share for the periods ended 30th
November, 2002 and 30th June, 2001 as the Company has no dilutive
potential ordinary share.
4. Interim dividend per share for the period ended 30th June, 2001
was based upon the number of shares prior to share consolidation as
described above.
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