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JD Logistics, Inc. Earnings Release 2001

Apr 4, 2002

50717_rns_2002-04-04_9f99e1e4-82a2-4478-bf50-e379ad397145.htm

Earnings Release

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Listed Company Information

MIDAS PRINTING<01172> - Results Announcement (Summary)

Midas Printing Group Limited announced on 4/4/2002:
(stock code: 1172)
Year end date: 31/12/2001
Currency: HK$
Auditors' Report: Neither
Review of Interim Report by: N/A
(Audited)
(Audited) Last
Current Corresponding
Period Period
from 1/1/2001 from 1/1/2000
to 31/12/2001 to 31/12/2000
('000) ('000)
Turnover : 513,537 663,286
Profit/(Loss) from Operations : 37,167 43,954
Finance cost : (8,539) (13,871)
Share of Profit/(Loss) of Associates : - -
Share of Profit/(Loss) of
Jointly Controlled Entities : - -
Profit/(Loss) after Tax & MI : 28,047 27,594
% Change over Last Period : +1.64%
EPS/(LPS)-Basic : 7.6 cents 8.8 cents
-Diluted : 7.5 cents 8.7 cents
Extraordinary (ETD) Gain/(Loss) : - -
Profit/(Loss) after ETD Items : 28,047 27,594
Final Dividend per Share : 2 cents Nil
(Specify if with other options) : - -
B/C Dates for Final Dividend : 24/5/2002 to 27/5/2002 bdi.
Payable Date : 3/6/2002
B/C Dates for Annual General Meeting : 24/5/2002 to 27/5/2002 bdi.
Other Distribution for Current Period : Nil
B/C Dates for Other Distribution : N/A

Remark:

EARNINGS PER SHARE

The calculation of the basic and diluted earnings per share is based on
the following data:

2001 2000
HK$'000 HK$'000

Net profit for the year 28,047 27,594
Dividend on preference shares (294) -
------- -------
Earnings for the purposes of basic earnings per share 27,753 27,594

Effect of dilutive potential ordinary shares:
- Dividend on convertible preference shares 59 -
------- -------
Earnings for the purposes of diluted earnings per share 27,812 27,594
====== =======

Weighted average number of ordinary shares for the
purposes of basic earnings per share 365,286,616 314,254,822
Effect of dilutive potential ordinary shares:
- Convertible preference shares 7,824,658 -
- Share options 123,134 3,748,021
-------------- -----------
Weighted average number of ordinary shares for
the purposes of diluted earnings per share 373,234,408 318,002,843
=========== ===========