Dynamic Holdings Limited — Earnings Release 1999

Nov 22, 1999

Listed Company Information

DYNAMIC HOLD<0029> - Results Announcement Dynamic Holdings Limited announced on 20/11/1999: (stock code: 29) Year end date: 30/6/1999 Currency: HK$ Last Current Corresponding Period Period from 1/7/1998 from 1/7/1997 to 30/6/1999 to 30/6/1998 ('000) ('000) Turnover : 54,527 67,482 Profit-Continuing Operations - Operating Profit : 34,019 43,370 - Exceptional Items : (213,480) NIL - Discontinued Operations : NIL NIL Total Operating Profit/(Loss) : (179,461) 43,370 Share of Profit of Associated Companies : 931 1,274 Profit/(Loss) after Tax & MI : (178,706) 44,324 % Change over Last Period : N/A EPS/(LPS)-Basic : (81.6 cents) 20.3 cents -Diluted : N/A N/A Extraordinary (ETD) Gain/(Loss) : NIL NIL Profit/(Loss) after ETD Items : (178,706) 44,324 Final Distribution per Share : 2 cents 2 cents (Specify if with other options) : - - B/C Dates for Final Distribution : 23/12/1999 to 30/12/1999 bdi. Payable Date : on or about 17/1/2000 B/C Dates for Annual General Meeting : 23/12/1999 to 30/12/1999 bdi. Other Distribution for Current Period : N/A B/C Dates for Other Distribution : N/A Remarks: (1) Exceptional items from continuing operations Year ended 30th June, 1999 1998 HK$'000 HK$'000 Deficit arising on revaluation of investment properties in Hong Kong Special Administrative Region 134,232 - Provision for diminution in value of property projects in the People's Republic of China 79,248 - -------- -------- 213,480 - ======== ======== (2) Diluted (loss) earnings per share Diluted (loss) earnings per share is not shown as the share options had no dilution effect on the (loss) earnings per share. For more details, please refer to the press announcement today.