JD Logistics, Inc. — Earnings Release 2005

Sep 21, 2005

Listed Company Information

Listed Company Information
MIDAS INT'L<01172> - Results Announcement Midas International Holdings Limited announced on 21/09/2005: (stock code: 01172 ) Year end date: 31/12/2005 Currency: HKD Auditors' Report: N/A Interim report reviewed by: Both Audit Committee and Auditors (Restated) (Unaudited ) (Unaudited ) Last Current Corresponding Period Period from 01/01/2005 from 01/01/2004 to 30/06/2005 to 30/06/2004 Note ('000 ) ('000 ) Turnover : 351,868 307,662 Profit/(Loss) from Operations : 28,319 28,515 Finance cost : (3,481) (4,193) 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 : 18,680 20,864 % Change over Last Period : -10.5 % EPS/(LPS)-Basic (in dollars) : 0.035 0.039 -Diluted (in dollars) : N/A N/A Extraordinary (ETD) Gain/(Loss) : N/A N/A Profit/(Loss) after ETD Items : 18,680 20,864 Interim Dividend : 1.2 cents 1.2 cents per Share (Specify if with other : N/A N/A options) B/C Dates for Interim Dividend : 12/10/2005 to 14/10/2005 bdi. Payable Date : 21/10/2005 B/C Dates for (-) General Meeting : N/A Other Distribution for : N/A Current Period B/C Dates for Other Distribution : N/A Remarks: ADJUSTMENT OF THE LAST CORRESPONDING RESULTS In the current period, the Group has adopted Hong Kong Accounting Standard (the "HKAS") 32 "Financial Instruments: Disclosure and Presentation". On adoption of HKAS 32, the comparative profit for 2004 has been restated in order to reflect the interest on the redeemable preference shares as finance cost. The effect of the change is an increase in finance costs of approximately HK$1,361,000 for the period ended 30th June 2004.