Brockman Mining Limited — Earnings Release 1999

Mar 30, 2000

Listed Company Information

WONG'S INT'L<0099> - Results Announcement Wong's International (Holdings) Limited announced on 30/3/2000: (stock codes: Ord: 99 & War: 361) Year end date: 31/12/1999 Currency: HKD (Audited) (Audited) Last Current Corresponding Period Period from 1/1/1999 from 1/1/1998 to 31/12/1999 to 31/12/1998 ('000) ('000) Turnover - Continuing : 2,724,132 2,582,347 - Discontinued : N/A N/A Operating Profit/(Loss) - Continuing : 224,680 92,929 - Discontinued : N/A N/A Total Operating Profit/(Loss) : 224,680 92,929 Share of Profit/(Loss) of Associated Companies : (130) 1,831 Share of Profit/(Loss) of Jointly Controlled Entities : N/A N/A Profit/(Loss) after Tax & MI : 152,581 44,168 % Change over Last Period : +245.5% EPS/(LPS)-Basic : 33.90 cents 9.90 cents -Diluted : 33.51 cents 9.80 cents Extraordinary (ETD) Gain/(Loss) : N/A N/A Profit/(Loss) after ETD Items : 152,581 44,168 Final Dividend per Share : 6 cents 2 cents (Specify if with other options) : N/A N/A B/C Dates for Final Dividend : 19/6/2000 to 23/6/2000 bdi. Payable Date : 7/7/2000 B/C Dates for (-) General Meeting : N/A Other Distribution for Current Period : N/A B/C Dates for Other Distribution : N/A Remarks: 1. Exceptional items - Continuing Operations 1999 1998 HK$'000 HK$'000 Full provision against the Group's (12,087) - investment in a project for the development of optical character recognition software which converts scanned images to computer codes Full provision against the Group's - (18,259) investment in a project for the development and sale of network computers Provision against the Group's - (67,959) investment in a U.S. company which develops modems and in respect of receivables due from that company and in respect of inventory held by the Group in respect of that company. Provision against a property development - (12,000) project Loss on disposal of fixed assets of - (8,750) HK$7,210,000 arising from the relocation to the new facility at Tseung Kwan O and the related removal expenses of HK$1,540,000. ---------------------------- (12,087) (106,968) ============================ 2. Basic and Diluted Earnings Per Share The calculation of basic and diluted earnings per share is based on the Group's profit attributable to shareholders of HK$152,581,000 (1998: HK$44,168,000) and the following data: 1999 1998 Weighted average number of ordinary shares 450,116,540 445,439,436 in issue during the year for the purposes of basic earnings per share Maximum number of potential dilutive ordinary shares : Options 5,226,101 4,211,883 Warrants - - ----------------------------- Weighted average number of ordinary shares for the purposes of diluted earnings per share 455,342,641 449,651,319 ============================