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JD Logistics, Inc. Earnings Release 2004

Mar 29, 2005

50717_rns_2005-03-29_406684c6-e581-4089-b0f4-aaa5f98436b5.htm

Earnings Release

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Listed Company Information

Listed Company Information
MIDAS INT'L<01172> - Results Announcement

Midas International Holdings Limited announced on 29/03/2005:
(stock code: 01172 )
Year end date: 31/12/2004
Currency: HKD
Auditors' Report: Unqualified

(Audited )
(Audited ) Last
Current Corresponding
Period Period
from 01/01/2004 from 01/01/2003
to 31/12/2004 to 31/12/2003
Note ('000 ) ('000 )
Turnover : 736,879 675,237
Profit/(Loss) from Operations : 76,881 65,930
Finance cost : (5,777) (6,257)
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 : 60,611 52,362
% Change over Last Period : +15.8 %
EPS/(LPS)-Basic (in dollars) : 0.109 0.105
-Diluted (in dollars) : 0.109 0.091
Extraordinary (ETD) Gain/(Loss) : N/A N/A
Profit/(Loss) after ETD Items : 60,611 52,362
Final Dividend : 3.3 cents 3.0 cents
per Share
(Specify if with other : N/A N/A
options)

B/C Dates for
Final Dividend : 23/05/2005 to 25/05/2005 bdi.
Payable Date : 06/06/2005
B/C Dates for Annual
General Meeting : 23/05/2005 to 25/05/2005 bdi.
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:

2004 2003
HK$'000 HK$'000

Net profit for the year 60,611 52,362
Dividends on preference shares (2,281) (3,801)
----------------------------
Earnings for the purposes of basic earnings per share and
diluted earnings per share 58,330 48,561
============================

Number of shares
Weighted average number of ordinary shares for the
purposes of basic earnings per share
534,290,068 462,821,575
Effect of dilutive potential ordinary shares:
- Convertible preference shares - 71,408,219
- Share options - 10,818
----------------------------
Weighted average number of ordinary shares for the
purposes of diluted earnings per share
534,290,068 534,240,612
============================