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G-Resources Group Limited Earnings Release 1999

Nov 26, 1999

49648_rns_1999-11-26_afc08882-5984-4ce9-aca6-d021d546c924.htm

Earnings Release

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Listed Company Information

PALADIN<0495> - Results Announcement

Paladin Limited announced on 26/11/1999:
(stock code: 495)
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/Interest Income : 49,021 333,290
Profit-Continuing Operations
- Operating Profit/(Loss) : (139,542) (132,470)
- Exceptional Items : (76,618) (56,644)
- Discontinued Operations : - -
Total Operating Profit/(Loss) : (216,160) (189,114)
Share of Profit/(Loss) of
Associated Companies : - -
Profit/(Loss) after Tax & MI : (216,160) (189,114)
% Change over Last Period : N/A
EPS/(LPS)-Basic : (40.9 cents) (34.9 cents)
-Diluted : - -
Extraordinary (ETD) Gain/(Loss) : - -
Profit/(Loss) after ETD Items : (216,160) (189,114)
Final Dividend per Share : NIL NIL
(Specify if with other options) : - -
B/C Dates for Final Dividend : -
Payable Date : -
B/C Dates for Annual General Meeting : 24/12/1999 to 29/12/1999 bdi.
Other Distribution for Current Period : -
B/C Dates for Other Distribution : -

Remark:

Exceptional Items
1999 1998
HK$'000 HK$'000
Provision for obsolete inventories (44,421) (12,740)
Provision for bad and doubtful debts (32,197) (17,814)
Provision for permanent diminution in
value of subsidiaries not consolidate - (14,764)
Provision for permanent diminution in
value of long-term investments - (11,326)
----------- -----------
(76,618) (56,644)
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