First Service Holding Limited — Earnings Release 2004

Apr 19, 2005

Listed Company Information

Listed Company Information
MAN YUE INT'L<00894> - Results Announcement Man Yue International Holdings Limited announced on 19/04/2005: (stock code: 00894 ) Year end date: 31/12/2004 Currency: HKD Auditors' Report: Unqualified (Audited ) (Audited ) Last Current Corresponding Period Period from 01/01/2004 from 01/01/2003 to 31/12/2004 to 31/12/2003 Note ('000 ) ('000 ) Turnover : 870,910 626,453 Profit/(Loss) from Operations : 81,189 52,194 Finance cost : (7,043) (5,364) Share of Profit/(Loss) of Associates : N/A N/A Share of Profit/(Loss) of Jointly Controlled Entities : (4,237) (4,413) Profit/(Loss) after Tax & MI : 61,949 37,053 % Change over Last Period : +67.19 % EPS/(LPS)-Basic (in dollars) : 0.1678 0.0992 -Diluted (in dollars) : 0.1677 N/A Extraordinary (ETD) Gain/(Loss) : N/A N/A Profit/(Loss) after ETD Items : 61,949 37,053 Final Dividend : 2 cents NIL per Share (Specify if with other : N/A N/A options) B/C Dates for Final Dividend : 19/05/2005 to 25/05/2005 bdi. Payable Date : 30/06/2005 B/C Dates for Annual General Meeting : 19/05/2005 to 25/05/2005 bdi. Other Distribution for : N/A Current Period B/C Dates for Other Distribution : N/A Remarks: 1) Earnings per share The calculation of basic earnings per share is based on the net profit attributable to shareholders for the year ended 31 December 2004 of HK$61,949,000 (2003: HK$37,053,000), and the weighted average of 369,264, 000 (2003: 373,440,000) ordinary shares in issue during the year. The calculation of diluted earnings per share is based on the net profit attributable to shareholders for the year of HK$61,949,000. The weighted average number of ordinary shares used in the calculation is the 369,264,000 ordinary shares in issue during the year, as used in the basic earnings per share calculation, and the weighted average of 161,000 ordinary shares assumed to have been issued at no consideration on the deemed exercise of all warrants outstanding during the year. The Company's share options did not have a dilutive effect during the year. No diluted earnings per share amount for the year ended 31 December 2003 has been shown as the Company's share options did not have a dilutive effect for that year. 2) Bonus warrants issued by the Company during the year ended 31 December 2004 On 23 September 2004, the Company proposed a conditional bonus warrant issue to the shareholders of the Company on the register of members on 26 October 2004. The bonus warrant issue was made in the proportion of one warrant for every six shares of the Company, resulting in 62,142,333 warrants being issued. Each warrant entitles the holder thereof to subscribe for one ordinary share of HK$0.10 at a subscription price of HK$0.48 per share, subject to amendment, from 4 November 2004 to 3 November 2006 (both days inclusive). The warrants were issued to the shareholders of the Company on 4 November 2004. At 31 December 2004, the Company had 62,140,667 warrants outstanding. The exercise in full of such warrants would, under the present capital structure of the Company, result in the issue of 62,140, 667 additional shares of HK$0.10 each.