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Kingwell Group Limited Earnings Release 2001

Sep 26, 2001

49757_rns_2001-09-26_196526c5-aa10-4156-8ba3-35df24ef549d.htm

Earnings Release

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Listed Company Information

FT HOLDINGS<00559> - Results Announcement (Summary)

FT Holdings International Limited announced on 26/9/2001:
(stock code: 559)
Year end date: 31/12/2001
Currency: HK$ (Unaudited)
(Unaudited) Last
Current Corresponding
Period Period
from 1/1/2001 from 1/1/2000
to 30/6/2001 to 30/6/2000
('000) ('000)
Turnover : 39,228 51,795
Profit/(Loss) from Operations : (1,420) 4,766
Finance cost : (748) (590)
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 : 123 3,102
% Change over Last Period : -96%
EPS/(LPS)-Basic : 0.04 cent 1.15 cents
-Diluted : N/A 1.11 cents
Extraordinary (ETD) Gain/(Loss) : N/A N/A
Profit/(Loss) after ETD Items : 123 3,102
Interim Dividend per Share : Nil Nil
(Specify if with other options) : N/A N/A
B/C Dates for Interim Dividend : N/A
Payable Date : N/A
B/C Dates for (-) General Meeting : N/A
Other Distribution for Current Period : N/A
B/C Dates for Other Distribution : N/A

Remark:

Earnings per share

The calculation of basic earnings per share is based on the net profit
attributable to shareholders for the six months ended 30th June, 2001 of
HK$123,000 (2000: $3,102,000) and on the weighted average of 291,000,000
ordinary shares (2000: 268,701,923 shares) in issue during the period.

The diluted earnings per share for the six months ended 30th June, 2001
has not been prepared as the exercise of the Company's outstanding option
will have anti-dilutive effect on the basic earnings per share.

The diluted earnings per share for the period ended 30th June, 2000 is
based on the net profit attributable to shareholders for the period of
HK$3,102,000 and on the weighted average of 268,701,923 shares in issues
during the period plus 10,438,261 dilutive shares deemed to have been
issued for no consideration in respect of share options outstanding during
the period.