ICO Group Limited — Earnings Release 2000

Apr 23, 2001

Listed Company Information

JACKIN INT'L<0630> - Results Announcement Jackin International Holdings Limited announced on 23/4/2001: (stock code: 630) Year end date: 31/12/2000 Currency: HK$ (Audited) (Audited) Last Current Corresponding Period Period from 1/1/2000 from 1/1/1999 to 31/12/2000 to 31/12/1999 ('000) ('000) Turnover : 647,743 450,444 Profit from Operations : 72,351 77,228 Finance cost : (23,420) (20,593) Share of Profit/(Loss) of Associates : 113 (27) Share of Profit/(Loss) of Jointly Controlled Entities : - - Profit/(Loss) after Tax & MI : 48,039 54,388 % Change over Last Period : -11.7% EPS/(LPS)-Basic : 13.22 cents 15.36 cents -Diluted : 13.05 cents 14.21 cents Extraordinary (ETD) Gain/(Loss) : - - Profit after ETD Items : 48,039 54,388 Final Dividend per Share : Nil 3.5 cents (Specify if with other options) : - - B/C Dates for Final Dividend : N/A Payable Date : N/A B/C Dates for (-) General Meeting : - Other Distribution for Current Period : - B/C Dates for Other Distribution : - Remarks: (1) The presentation of the results of the Group for the year ended 31 December 2000 have been modified to conform with the requirements of Statements of Standard Accounting Practice 1 and 2 (revised). (2) EARNINGS PER SHARE The calculation of the basic and diluted earnings per share is based on the following data: Earnings 2000 1999 HK$'000 HK$'000 Earnings for the purposes of basic earnings per share 48,039 54,388 Effect of dilutive potential shares Interest on convertible bond 2,364 940 _______ _______ Earnings for the purposes of diluted earnings per share 50,403 55,328 ======= ======= Number of shares 2000 1999 Weighted average number of shares for the purposes of basic earnings per share 363,482,583 354,090,754 Effect of dilutive potential shares Share options - 919,548 Convertible bond 22,695,156 34,433,552 ___________ ___________ Weighted average number of shares for the purposes of diluted earnings per share 386,177,739 389,443,854 =========== =========== The computation of diluted earnings per share for 2000 does not assume the exercise of the Company's outstanding share options as the exercise price of those options is higher than the average market price.