Listed Company Information
 

MOULIN INT'L<00389> - Results Announcement

Moulin International Holdings Limited announced on  24/9/2004:
(stock code: 00389 )
Year end date: 31/12/2004
Currency: HKD
Auditors' Report: N/A
Interim report reviewed by: Audit Committee

                                                        (Unaudited )
                                     (Unaudited )       Last
                                     Current            Corresponding
                                     Period             Period
                                     from 1/1/2004      from 1/1/2003  
                                     to 30/6/2004       to 30/6/2003  
                               Note  ('000      )       ('000      )
Turnover                           : 685,652            603,048           
Profit/(Loss) from Operations      : 81,677             119,403           
Finance cost                       : (11,845)           (25,018)          
Share of Profit/(Loss) of 
  Associates                       : 0                  0                 
Share of Profit/(Loss) of
  Jointly Controlled Entities      : 0                  0                 
Profit/(Loss) after Tax & MI       : 60,193             83,123            
% Change over Last Period          : -27.6     %
EPS/(LPS)-Basic (in dollars)       : 0.1206             0.2017            
         -Diluted (in dollars)     : N/A                0.2015            
Extraordinary (ETD) Gain/(Loss)    : 0                  0                 
Profit/(Loss) after ETD Items      : 60,193             83,123            
Interim Dividend                   : 3.6 cents          7.0 cents         
  per Share                                                               
(Specify if with other             : N/A                N/A               
  options)                                                                
                                                                          
B/C Dates for 
  Interim Dividend                 : 18/10/2004         to 25/10/2004bdi.
Payable Date                       : 25/11/2004
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.      BASIS OF PREPARATION

The unaudited consolidated condensed interim accounts (the "Interim 
Accounts") are prepared in accordance with Hong Kong Financial Reporting 
Standards, which are inclusive of Statement of Standard Accounting 
Practices ("SSAP(s)") and Interpretations, issued by the Hong Kong 
Institute of  Certified Public Accountants ("HKICPA") and the applicable 
disclosure requirements of Appendix 16 to the Rules Governing the Listing 
of Securities on The Stock Exchange of Hong Kong Limited.
        
The Interim Accounts are prepared in accordance with SSAP No. 25 "Interim 
Financial Reporting" and should be read in conjunction with the 2003 
annual financial statements.

The accounting policies and basis of preparation used in the preparation 
of the Interim Accounts are the same as those used in the annual financial 
statements for the year ended 31 December 2003.

2.      EARNINGS PER SHARE

The calculations of basic and diluted earnings per share are based on:

Earnings                                        Six months ended
                                        30 June         30 June
                                        2004            2003
                                        (Unaudited)     (Unaudited)
                                        HK$'000         HK$'000
Net profit attributable to shareholders, used
        in the basic and diluted earnings per share calculations                
                                             60,193          83,123
                                        ============================

Shares                                          Six months ended
                                        30 June         30 June
                                        2004            2003
                                        (Unaudited)     (Unaudited)
Weighted average number of ordinary shares in issue
        during the period used in basic earnings per share
        calculation                     499,200,562     412,049,926
Weighted average number of ordinary shares in issued at no
        consideration on deemed exercise of all share option
        during the period                         -         438,681
                                        ----------------------------
Weighted average number of ordinary shares used in diluted
        earnings per share calculation  499,200,562     412,488,607
                                        ============================