JD Logistics, Inc. — Earnings Release 2002

Mar 10, 2003

Listed Company Information

MIDAS INT'L<01172> - Results Announcement Midas International Holdings Limited announced on 10/03/2003: (stock code: 01172 ) Year end date: 31/12/2002 Currency: HKD Auditors' Report: Unqualified (Audited ) (Audited ) Last Current Corresponding Period Period from 01/01/2002 from 01/01/2001 to 31/12/2002 to 31/12/2001 Note ('000 ) ('000 ) Turnover : 574,090 513,537 Profit/(Loss) from Operations : 56,855 37,167 Finance cost : (4,104) (8,539) Share of Profit/(Loss) of Associates : N/A N/A Share of Profit/(Loss) of Jointly Controlled Entities : N/A N/A Profit/(Loss) after Tax & MI : 50,673 28,047 % Change over Last Period : +80.7 % EPS/(LPS)-Basic (in dollars) : 0.116 0.076 -Diluted (in dollars) : 0.086 0.075 Extraordinary (ETD) Gain/(Loss) : N/A N/A Profit/(Loss) after ETD Items : 50,673 28,047 Final Dividend : 2.8 cents 2 cents per Share (Specify if with other : N/A N/A options) B/C Dates for Final Dividend : 03/05/2003 to 06/05/2003bdi. Payable Date : 12/05/2003 B/C Dates for Annual General Meeting : 03/05/2003 to 06/05/2003bdi. Other Distribution for : N/A Current Period B/C Dates for Other Distribution : N/A Remarks: EARNINGS PER SHARE The calculation of the basic and diluted earnings per share is based on the following data: 2002 2001 HK$'000 HK$'000 Net profit for the year 50,673 28,047 Dividend on preference shares (6,142) (294) ------- ------- Earnings for the purposes of basic earnings per share 44,531 27,753 Effect of dilutive potential ordinary shares: - Dividend on convertible preference shares 1,128 59 ------- -------- Earnings for the purposes of diluted earnings per share 45,659 27,812 ======== ======== Number of Shares Weighted average number of ordinary shares for the purposes of basic earnings per share 382,780,479 365,286,616 Effect of dilutive potential ordinary shares: - Convertible preference shares 150,509,589 7,824,658 - Share options 6,292 123,134 ----------- ---------- Weighted average number of ordinary shares for the purposes of diluted earnings per share 533,296,360 373,234,408 ============ ===========