JD Logistics, Inc. — Earnings Release 2005

Apr 18, 2006

Listed Company Information

Listed Company Information
MIDAS INT'L<01172> - Results Announcement Midas International Holdings Limited announced on 18/04/2006: (stock code: 01172 ) Year end date: 31/12/2005 Currency: HKD Auditors' Report: Unqualified (Audited ) (Audited ) Last Current Corresponding Period Period from 01/01/2005 from 01/01/2004 to 31/12/2005 to 31/12/2004 Note ('000 ) ('000 ) Turnover : 758,303 736,879 Profit/(Loss) from Operations : 60,949 76,881 Finance cost : (7,196) (8,058) 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 : 43,014 58,330 % Change over Last Period : -26.3 % EPS/(LPS)-Basic (in dollars) : 0.081 0.109 -Diluted (in dollars) : N/A N/A Extraordinary (ETD) Gain/(Loss) : N/A N/A Profit/(Loss) after ETD Items : 43,014 58,330 Final Dividend : 3.3 cents 3.3 cents per Share (Specify if with other : N/A N/A options) B/C Dates for Final Dividend : 25/05/2006 to 29/05/2006 bdi. Payable Date : 09/06/2006 B/C Dates for Annual General Meeting : 25/05/2006 to 29/05/2006 bdi. Other Distribution for : N/A Current Period B/C Dates for Other Distribution : N/A Remarks: ADJUSTMENT OF RESULTS FOR THE LAST CORRESPONDING PERIOD In the current year, the Group has adopted Hong Kong Accounting Standard (the "HKAS") 32 "Financial Instruments: Disclosure and Presentation". On adoption of HKAS 32, the finance cost and profit for 2004 has been restated in order to reflect the dividends on the redeemable preference shares as finance cost. The effect of the change is an increase in finance costs of approximately HK$2,281,000 for the year ended 31st December 2004.