Apollo Future Mobility Group Limited — Interim / Quarterly Report 2005

Jun 8, 2005

Listed Company Information

Listed Company Information
MING FUNG JEWEL<00860> - Results Announcement Ming Fung Jewellery Group Limited announced on 08/06/2005: (stock code: 00860 ) Year end date: 30/09/2005 Currency: HKD Auditors' Report: N/A Interim report reviewed by: Audit Committee (Unaudited ) (Unaudited ) Last Current Corresponding Period Period from 01/10/2004 from 01/10/2003 to 31/03/2005 to 31/03/2004 Note ('000 ) ('000 ) Turnover : 200,983 163,255 Profit/(Loss) from Operations : 34,096 27,295 Finance cost : (1,495) (1,094) 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 : 26,909 21,248 % Change over Last Period : +26.64 % EPS/(LPS)-Basic (in dollars) : 0.041 0.033 -Diluted (in dollars) : 0.038 0.031 Extraordinary (ETD) Gain/(Loss) : N/A N/A Profit/(Loss) after ETD Items : 26,909 21,248 Interim Dividend : 0.30 cent 0.25 cent per Share (Specify if with other : N/A N/A options) B/C Dates for Interim Dividend : 06/07/2005 to 08/07/2005 bdi. Payable Date : 20/07/2005 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 of financial statements The condensed consolidated financial statements for the six months ended 31 March 2005 ("Period") have been prepared in accordance with the requirements of The Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited ("Listing Rules") and Hong Kong Statement of Standard Accounting Practice ("SSAP") 25 "Interim Financial Reporting" issued by the Hong Kong Institute of Certified Public Accountants (" HKICPA"). These condensed consolidated financial statements are unaudited but have been reviewed by the Company's audit committee. These condensed consolidated financial statements have been prepared under the historical cost convention. The accounting policies and basis of presentation used in the preparation of these condensed consolidated financial statements are consistent with those adopted in the preparation of the Group's audited consolidated financial statements for the year ended 30 September 2004. In 2004, the HKICPA has issued a number of new and revised Hong Kong Accounting Standards and Hong Kong Financial Reporting Standards ( collectively ''new HKFRSs'') which are effective for accounting periods beginning on or after 1 January 2005. The Group has not early adopted the new HKFRSs in the preparation of the condensed consolidated financial statements for the six months ended 31 March 2005. 2. Earnings per share The calculation of basic earnings per share is based on the Group's unaudited net profit from ordinary activities attributable to shareholders for the Period of approximately HK$26,909,000 (2004: HK$21,248,000) and the weighted average of 650,000,000 (2004: 650,000,000) ordinary shares in issue during the Period. The calculation of diluted earnings per share for the period ended 31 March 2005 is based on the Group's unaudited net profit from ordinary activities attributable to shareholders for the Period of approximately HK$26,909,000 (2004: HK$21,248,000) and the weighted average number of 699,948,427 (2004: 676,769,302) ordinary shares in issue during the Period. The weighted average number of ordinary shares used to calculate the diluted earnings per share comprises the weighted average number of 650,000,000 (2004: 650,000,000) ordinary shares in issue during the Period and the weighted average number of 49,948,427 (2004: 26,769,302) ordinary shares deemed to be issued at no consideration on exercise of all outstanding share options. 3. Dividend The Board has resolved to declare an interim dividend of HK0.3 cent (2004: HK0.25 cent) per share payable on 20 July 2005 to shareholders whose names appear on the register of members of the Company on 8 July 2005.