JD Logistics, Inc. — Interim / Quarterly Report 2003

Sep 3, 2003

Listed Company Information

MIDAS INT'L<01172> - Results Announcement Midas International Holdings Limited announced on 03/09/2003: (stock code: 01172 ) Year end date: 31/12/2003 Currency: HKD Auditors' Report: N/A Review of Interim Report by: Both Audit Committee and Auditors (Unaudited ) (Unaudited ) Last Current Corresponding Period Period from 01/01/2003 from 01/01/2002 to 30/06/2003 to 30/06/2002 Note ('000 ) ('000 ) Turnover : 274,634 205,526 Profit/(Loss) from Operations : 27,603 14,738 Finance cost : (3,231) (1,802) 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 : 20,297 12,169 % Change over Last Period : +66.8 % EPS/(LPS)-Basic (in dollars) : 0.047 0.024 -Diluted (in dollars) : 0.034 0.018 Extraordinary (ETD) Gain/(Loss) : N/A N/A Profit/(Loss) after ETD Items : 20,297 12,169 Interim Dividend : 1.0 cent NIL per Share (Specify if with other : N/A N/A options) B/C Dates for Interim Dividend : 25/09/2003 to 26/09/2003bdi. Payable Date : 06/10/2003 B/C Dates for (-) General Meeting : N/A Other Distribution for : N/A Current Period B/C Dates for Other Distribution : N/A Remarks: 1. PROFIT FROM OPERATIONS Pursuant to the adoption of new SSAPs, certain comparative figures have been restated to conform to current presentation. The negative goodwill was restated as a result of the SSAP 12 (Revised) "Income Tax" and resulted a decrease of profit through an additional administrative expenses with an amount of HK$901,000 during the six months ended 30th June, 2002. 2. EARNINGS PER SHARE The calculation of the basic and diluted earnings per share for the period is based on the following data: For the six months ended 30th June, 2003 2002 HK$'000 HK$'000 Net profit for the period 20,297 12,169 Dividend on preference shares (1,930) (3,046) _______ _______ Earnings for the purposes of basic earnings per share 18,367 9,123 Effect of dilutive potential ordinary shares: - Dividend on convertible preference shares - 536 _______ _______ Earnings for the purposes of diluted earnings per share 18,367 9,659 _______ _______ Number of shares Weighted average number of ordinary shares for the purposes of basic earnings per share 390,168,521 376,162,996 Effect of dilutive potential ordinary shares: - Convertible preference shares 144,000,000 157,127,072 - Share options 21,816 12,689 ___________ ___________ Weighted average number of ordinary shares for the purposes of diluted earnings per share 534,190,337 533,302,757 ___________ ___________