LEI SHING HONG<00238> - Results Announcement
LEI SHING HONG LIMITED announced on 22/09/2005:
(stock code: 00238 )
Year end date: 31/12/2005
Currency: HKD
Auditors' Report: N/A
Interim report reviewed by: Audit Committee
(Unaudited )
(Unaudited ) Last
Current Corresponding
Period Period
from 01/01/2005 from 01/01/2004
to 30/06/2005 to 30/06/2004
Note ('000 ) ('000 )
Turnover : 5,899,802 4,763,787
Profit/(Loss) from Operations : 178,409 119,850
Finance cost : (69,812) (31,814)
Share of Profit/(Loss) of
Associates : 21,494 21,921
Share of Profit/(Loss) of
Jointly Controlled Entities : N/A 16,146
Profit/(Loss) after Tax & MI : 95,311 95,068
% Change over Last Period : +0.26 %
EPS/(LPS)-Basic (in dollars) : 0.0904 0.0997
-Diluted (in dollars) : 0.0897 0.0962
Extraordinary (ETD) Gain/(Loss) : N/A N/A
Profit/(Loss) after ETD Items : 95,311 95,068
Interim Dividend : Nil Nil
per Share
(Specify if with other : N/A N/A
options)
B/C Dates for
Interim Dividend : N/A
Payable Date : N/A
B/C Dates for (-)
General Meeting : N/A
Other Distribution for : N/A
Current Period
B/C Dates for Other
Distribution : N/A
Remarks:
(A) Earnings Per Share
The calculations of basic and diluted earnings per share for the six
months ended 30 June 2005 are
based on:
For the six months
ended 30 June
2005 2004
(Unaudited) (Unaudited)
HK$'000 HK$'000
Earnings
Profit attributable to equity holders of the parent for the period,
used in the basic and diluted earnings per share calculations
95,311 95,068
======================
Number of shares
For the six months
ended 30 June
2005 2004
(Unaudited) (Unaudited)
Shares
Weighted average number of ordinary shares in issue
during the period used in basic earnings per share
calculation 1,054,685,520 953,076,212
Weighted average number of ordinary shares:
Assumed issued at no consideration on deemed
exercise of all warrants outstanding during the period
7,916,496 35,643,721
----------------------------
Weighted average number of ordinary shares
used in diluted earnings per share calculation
1,062,602,016 988,719,933
===========================
As the subscription prices of the share options outstanding during the six
months ended 30 June 2005 and 2004 are higher than the respective average
market prices of the Company's shares during these periods, there is no
dilution effect on the basic earnings per share.
(B) Share of Profits of a Jointly-Controlled Entity and Associates
Due to new Accounting Standard's presentation requirement:
For the six months
ended 30 June
2005 2004
(a) Profit before tax of a jointly-controlled entity
- 19,519
Tax of a jointly-controlled entity (Note (i))
- (3,373)
------------------
Share of profit of a jointly-controlled entity
- 16,146
======================
(b) Profit before tax of associates
29,739 29,077
Tax of associates (Note (ii)) (8,245) (7,156)
-----------------
Share of profits of associates 21,494 21,921
======= ======
Notes:
(i) Share of tax attributable to a jointly-controlled entity was
included in "Share of profit of a Jointly-Controlled Entity".
(ii) Share of tax attributable to associates was included in "Share of
profits of associates".
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