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JD Logistics, Inc. Earnings Release 2000

Apr 12, 2001

50717_rns_2001-04-12_30c586f3-38b1-42aa-800c-f3f81b8c6007.htm

Earnings Release

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Listed Company Information

MIDAS PRINTING<1172> - Results Announcement

Midas Printing Group Limited announced on 12/4/2001:
(stock code: 1172)
Year end date: 31/12/2000
Currency: HKD (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 : 663,286 472,522
Profit/(Loss) from Operations : 43,954 48,590
Finance cost : (13,871) (11,689)
Share of Profit/(Loss) of Associates : - -
Share of Profit/(Loss) of
Jointly Controlled Entities : - -
Profit/(Loss) after Tax
& MI : 27,594 25,425
% Change over Last Period : +8.5%
EPS/(LPS)-Basic : 8.8 cents 10.7 cents
-Diluted : 8.7 cents 10.6 cents
Extraordinary (ETD) Gain/(Loss) : - -
Profit/(Loss) after ETD Items : 27,594 25,425
Final Dividend per Share : NIL NIL
(Specify if with other options) : - -
B/C Dates for Final Dividend : N/A
Payable Date : -
B/C Dates for (-) General Meeting : N/A
Other Distribution for Current Period : NIL
B/C Dates for Other Distribution : N/A

Remarks:

(1) Earnings per share

The calculation of the basic and diluted earnings per share is based on
the following data:
2000 1999
HK$'000 HK$'000
Net profit for the year 27,594 25,425
--------- ---------
Weighted average number of ordinary
shares for the purposes of basic
earnings per share 314,254,822 236,516,068
Effect of dilutive potential ordinary
shares in respect of share options 3,748,021 2,419,773
----------------------------------
Weighted average number of ordinary
shares for the purposes of diluted
earnings per share 318,002,843 238,935,841
============ ============

(2) Comparative figures

Certain comparative figures have been reclassified to conform with
current year's presentation in accordance with the Statement of Standard
Accounting Practice 1.