Apollo Future Mobility Group Limited — Earnings Release 2005

Jan 19, 2006

Listed Company Information

Listed Company Information
MING FUNG JEWEL<00860> - Results Announcement Ming Fung Jewellery Group Limited announced on 19/01/2006: (stock code: 00860 ) Year end date: 30/09/2005 Currency: HKD Auditors' Report: Unqualified (Audited ) (Audited ) Last Current Corresponding Period Period from 01/10/2004 from 01/10/2003 to 30/09/2005 to 30/09/2004 Note ('000 ) ('000 ) Turnover : 429,959 353,967 Profit/(Loss) from Operations : 68,285 59,749 Finance cost : (3,953) (2,354) 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 : 54,183 46,974 % Change over Last Period : +15.3 % EPS/(LPS)-Basic (in dollars) : 0.083 0.072 -Diluted (in dollars) : 0.078 0.069 Extraordinary (ETD) Gain/(Loss) : N/A N/A Profit/(Loss) after ETD Items : 54,183 46,974 Final Dividend : 0.5 cent 0.5 cent per Share (Specify if with other : N/A N/A options) B/C Dates for Final Dividend : 01/03/2006 to 03/03/2006 bdi. Payable Date : 24/03/2006 B/C Dates for Annual General Meeting : 01/03/2006 to 03/03/2006 bdi. Other Distribution for : N/A Current Period B/C Dates for Other Distribution : N/A Remarks: 1. Basis of preparation These financial statements have been prepared in accordance with all applicable Statements of Standard Accounting Practice and Interpretations issued by the HKICPA, accounting principles generally accepted in Hong Kong and the disclosure requirements of the Hong Kong Companies Ordinance. The financial statements have been prepared under the historical cost convention. The consolidated financial statements for the year ended 30 September 2005 include the financial statements of the Company and its subsidiaries for the year ended 30 September 2005. All significant intercompany transactions and balances within the Group are eliminated on consolidation. 2. Dividends During the year, an interim dividend of approximately HK$1,950,000 (2004: HK$1,625,000) was declared and paid on 20 July 2005. At a meeting held on 19 January 2006, the directors proposed a final dividend of HK0.5 cent per share (2004: HK0.5 cent) for the year ended 30 September 2005 to be payable to shareholders whose names appear in the register of members of the Company on 3 March 2006. Subject to shareholders' approval at the forthcoming annual general meeting, such dividend will be payable on or about 24 March 2006. This proposed dividend was not reflected as a dividend payable in these financial statements, but will be reflected as an appropriation of retained profits for the year ended 30 September 2005. 3. Earnings Per Share (a) Basic earnings per share The calculation of basic earnings per share is based on the Group's net profit from ordinary activities attributable to shareholders for the year of approximately HK$54,183,000 (2004: HK$46,974,000) and the weighted average number of 650,000,000 shares (2004: 650,000,000 shares) in issue during the year. (b) Diluted earnings per share The calculation of diluted earnings per share for the year ended 30 September 2005 is based on the Group's net profit from ordinary activities attributable to shareholders for the year of approximately HK$54,183,000 (2004: HK$46,974,000) and the weighted average number of 698,632,399 shares (2004: 682,405,167 shares) after adjusting for the effects of all dilutive potential ordinary shares under the Company's share option scheme.