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Hung Hing Printing Group Limited Earnings Release 2000

Mar 31, 2000

49222_rns_2000-03-31_cbf18922-03cb-4696-8e4e-3ee2e83369d2.htm

Earnings Release

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Listed Company Information

NOBLE LINK HOLD<0254> - Results Announcement

Noble Link Holdings Limited announced on 30/3/2000:
(stock code: 254)
Year end date: 30/6/2000
Currency: HKD (Unaudited)
(Unaudited) Last
Current Corresponding
Period Period
from 1/7/1999 from 1/7/1998
to 31/12/1999 to 31/12/1998
('000) ('000)
Turnover
- Continuing : 8,883 160,502
- Discontinued : - -
Operating Profit/(Loss)
- Continuing : (14,685) (9,513)
- Discontinued : - -
Total Operating Profit/(Loss) : (14,685) (9,513)
Share of Profit/(Loss) of
Associated Companies : - -
Share of Profit/(Loss) of
Jointly Controlled Entities : - (5,648)
Profit/(Loss) after Tax & MI : (14,685) (9,731)
% Change over Last Period : N/A
EPS/(LPS)-Basic : (7.0 cents) (4.6 cents)
-Diluted : N/A N/A
Extraordinary (ETD) Gain/(Loss) : - -
Profit/(Loss) after ETD Items : (14,685) (9,731)
Interim Dividend per Share : NIL NIL
(Specify if with other options) : NIL NIL
B/C Dates for Interim Dividend : N/A
Payable Date : N/A
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) Taxation
Six months ended
31st December,
1999 1998
HK$'000 HK$'000
The amount comprises:
Hong Kong profits tax - 400
Share of taxation attributable to
Jointly-controlled entities outside
Hong Kong - 136
------- -------
- 536
====== ======

Hong Kong profits tax was calculated at 16% of the estimated assessable
profits for the last corresponding period. Taxes on profits assessable
outside Hong Kong have been calculated at the rates of taxation
prevailing in the places in which the entities operate, based on existing
legislation, interpretations and practices in respect thereof.

No provision for Hong Kong profits tax has been made as the Group had no
assessable profits arising in Hong Kong during the current period.

(2) Loss Per Share

(a) Basic loss per share

The calculation of loss per share is based on the net loss attributable to
shareholders of HK$14,685,000 (1998: HK$9,731,000) and on 210,100,000
(1998: 210,100,000) ordinary shares in issue throughout the period.

(b) Diluted loss per share

No diluted loss per share is presented as all potential ordinary shares
outstanding do not have dilutive effect on basic loss per share.

(3) Comparative Figures

Certain comparative figures have been reclassified to conform with the
current period's presentation.

For more details, please refer to the press announcement today.