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Ascletis Pharma Inc. Earnings Release 2000

Apr 19, 2001

50081_rns_2001-04-19_a1c8ef65-e7a6-4fd0-9bca-697551032dc1.htm

Earnings Release

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Listed Company Information

WORLD HOUSEWARE<0713> - Results Announcement

World Houseware (Holdings) Limited announced on 19/4/2001:
(stock code: 713)
Year end date: 31/12/2000
Currency: HK$ (Audited)
(Audited) Last
Current Corresponding
Period Period
from 1/1/2000 from 1/1/1999
to 31/12/2000 to 31/12/1999
('000) ('000)
Turnover : 699,970 718,842
Profit/(Loss) from Operations : 33,339 73,448
Finance cost : (12,154) (7,921)
Share of Profit/(Loss) of Associates : - -
Share of Profit/(Loss) of
Jointly Controlled Entities : - -
Profit/(Loss) after Tax & MI : 18,761 65,395
% Change over Last Period : -71%
EPS/(LPS)-Basic : 2.8 cents 9.8 cents
-Diluted : 2.7 cents N/A
Extraordinary (ETD) Gain/(Loss) : - -
Profit/(Loss) after ETD Items : 18,761 65,395
Final Dividend per Share : 0.5 cent 0.5 cent
(Specify if with other options) : (with scrip (with scrip
option) option)
B/C Dates for Final Dividend : 23/5/2001 to 29/5/2001 bdi.
Payable Date : 19/6/2001
B/C Dates for Annual General Meeting : 23/5/2001 to 29/5/2001 bdi.
Other Distribution for Current Period : N/A
B/C Dates for Other Distribution : N/A

Remarks:

(1) Comparative figure regarding profit from operations has been changed
to conform with current year presentation.

(2) Earnings per share

The calculations of the basic and diluted earnings per share are as
follows:

2000 1999
HK$'000 HK$'000
Earnings for the purpose of calculating
basic earnings per share 18,761 65,395
Interest on convertible redeemable
note 1,880 -
------------------------
Earnings for the purpose of calculating
diluted earnings per share 20,641 65,395
=========================

Number of shares
2000 1999
Number of shares for the purpose of
calculating basic earnings per share 669,570,479 664,588,531
===========
Potential dilutive shares issuable under
convertible redeemable note 102,426,230
-----------
Weighted average number of shares for
the purpose of calculating diluted
earnings per share 771,996,709
===========
Basic earnings per share 2.8 cents 9.8 cents
=========== =========
Diluted earnings per share 2.7 cents N/A
=========== =========

The computation of diluted earnings per share does not take into
consideration the exercise of the Company's outstanding share options as
the exercise price of those options is higher than the average market
price of the Company's shares during the year.