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JD Logistics, Inc. Interim / Quarterly Report 2004

Sep 8, 2004

50717_rns_2004-09-08_5c884a87-9712-4ec4-82a7-a5d538c6d295.htm

Interim / Quarterly Report

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Listed Company Information

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

Midas International Holdings Limited announced on 07/09/2004:
(stock code: 01172 )
Year end date: 31/12/2004
Currency: HKD
Auditors' Report: N/A
Interim report reviewed by: Both Audit Committee and Auditors

(Unaudited )
(Unaudited ) Last
Current Corresponding
Period Period
from 01/01/2004 from 01/01/2003
to 30/06/2004 to 30/06/2003
Note ('000 ) ('000 )
Turnover : 307,662 274,634
Profit/(Loss) from Operations : 28,515 27,603
Finance cost : (2,832) (3,231)
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 : 22,225 20,297
% Change over Last Period : +9.5 %
EPS/(LPS)-Basic (in dollars) : 0.039 0.047
-Diluted (in dollars) : 0.039 0.034
Extraordinary (ETD) Gain/(Loss) : N/A N/A
Profit/(Loss) after ETD Items : 22,225 20,297
Interim Dividend : 1.2 cents 1 cent
per Share
(Specify if with other : N/A N/A
options)

B/C Dates for
Interim Dividend : 27/09/2004 to 28/09/2004bdi.
Payable Date : 08/10/2004
B/C Dates for (-)
General Meeting : N/A
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 for the period
is based on the following data:

For the six
months ended 30th June,
2004 2003
HK$'000 HK$'000
Net profit for the period 22,225 20,297
Dividend on preference shares (1,361) (1,930)
-------- --------
Earnings for the purposes of basic earnings
per share and diluted earnings per share 20,864 18,367
======== ========

Number of shares
Weighted average number of ordinary shares
for the purposes of basic earnings per share 534,290,068 390,168,521
Effect of dilutive potential ordinary shares:
- Convertible preference shares - 144,000,000
- Share options - 21,816
------------ -----------
Weighted average number of ordinary shares for
the purposes of diluted earnings per share 534,290,068 534,190,337
============ ===========