Listed Company Information
 

WINSOR IND<00098> - Results Announcement

Winsor Industrial Corporation Limited announced on 15/07/2004:
(stock code: 00098 )
Year end date: 31/03/2004
Currency: HKD
Auditors' Report: Unqualified

                                                        (Audited   )
                                     (Audited   )       Last
                                     Current            Corresponding
                                     Period             Period
                                     from 01/04/2003    from 01/04/2002
                                     to 31/03/2004      to 31/03/2003 
                               Note  ('000      )       ('000      )
Turnover                           : 669,199            763,198           
Profit/(Loss) from Operations      : 97,797             51,426            
Finance cost                       : (2,361)            (4,665)           
Share of Profit/(Loss) of 
  Associates                       : 13,365             2,806             
Share of Profit/(Loss) of
  Jointly Controlled Entities      : 1,689              2,058             
Profit/(Loss) after Tax & MI       : 97,948             41,659(Restated)           
% Change over Last Period          : +135.12   %
EPS/(LPS)-Basic (in dollars)       : 0.38               0.16              
         -Diluted (in dollars)     : N/A                N/A               
Extraordinary (ETD) Gain/(Loss)    : N/A                N/A               
Profit/(Loss) after ETD Items      : 97,948             41,659(Restated)            
Final Dividend per Share           : 8 cents            8 cents           
Special Dividend per Share         : 10 cents           N/A               
(Specify if with other             : N/A                N/A               
  options)                                                                
                                                                          
B/C Dates for 
  Final & Special Dividend         : 23/08/2004         to 26/08/2004bdi.
Payable Date                       : 08/09/2004
B/C Dates for Annual         
  General Meeting                  : 23/08/2004         to 26/08/2004bdi.
Other Distribution for             : N/A           
  Current Period                     
                                     
B/C Dates for Other 
  Distribution                     : N/A          

Remarks:

During the current year, the Group has changed its accounting policy for 
deferred taxation following its adoption of Statement of Standard 
Accounting Practice 12 (revised) "Income Taxes" issued by the Hong Kong 
Society of Accountants which became effective for accounting periods 
commencing on or after 1 January 2003.  The change in accounting policy 
has been applied retrospectively.  The results for the year ended 31 March 
2003 have been restated and resulted in a decrease in Profit/(Loss) after 
Taxation & MI by HK$932,000.  Details are set out below:

                                Year ended 31 March
                        2003                            2003
                        As announced    Adjustments     As restated
                        HK$'000         HK$'000         HK$'000
Turnover                763,198         0               763,198
Profit/(Loss) from 
  Operations            51,426          0               51,426
Finance costs           (4,665)         0               (4,665)
Share of Profit/(Loss) 
  of Associates         2,806           0               2,806
Share of Profit/(Loss) 
  of Jointly Controlled
  Entities              2,058           0               2,058
Taxation                (8,623)         (938)           (9,561)
MI                      (411)           6               (405)
Profit/(Loss) after 
  Taxation & MI         42,591          (932)           41,659
EPS                     HK$0.16         0               HK$0.16