Kingwell Group Limited — Earnings Release 2000

Apr 23, 2001

Listed Company Information

FT HOLDINGS<0559> - Results Announcement FT Holdings International Limited announced on 23/4/2001: (stock code: 559) Year end date: 31/12/2000 Currency: HKD (Audited) (Audited) Last Current Corresponding Period Period from 1/1/2000 from 1/1/1999 to 31/12/2000 to 31/12/1999 ('000) ('000) Turnover : 145,827 123,553 Profit/(Loss) from Operations : 10,130 14,929 Finance cost : (1,340) (2,079) Share of Profit/(Loss) of Associates : 0 0 Share of Profit/(Loss) of Jointly Controlled Entities : 0 0 Profit/(Loss) after Tax & MI : 7,005 11,514 % Change over Last Period : -39.16% EPS/(LPS)-Basic : 2.53 cents 5.00 cents -Diluted : 2.52 cents N/A Extraordinary (ETD) Gain/(Loss) : N/A N/A Profit/(Loss) after ETD Items : 7,005 11,514 Final Dividend per Share : Nil Nil (Specify if with other options) : - - B/C Dates for Final Dividend : N/A Payable Date : N/A B/C Dates for Annual General Meeting : 23/5/2001 to 28/5/2001 bdi. Other Distribution for Current Period : N/A B/C Dates for Other Distribution : N/A Remarks: 1. Earnings per share The calculation of basic earnings per share is based on the net profit attributable to shareholders for the year ended 31st December, 2000 of HK$ 7,005,000 (1999: $11,514,000) and on the weighted average of 276,797,131 ordinary shares (1999: 230,189,041 shares) in issue during the year. The diluted earnings per share for the year ended 31st December, 2000 is based on the net profit attributable to shareholders for the year of HK$ 7,005,000 and on 277,431,725 shares being the weighted average number of ordinary shares in issue during the year, adjusted for the effects of all dilutive potential ordinary shares. Reconciliations: Weighted average number of ordinary shares used in calculating basic earnings per share 276,797,131 Deemed issue of ordinary shares for no consideration 634,594 ----------- Weighted average number of ordinary shares used in calculating diluted earnings per share 277,431,725 ============ The diluted earnings per share for the year ended 31st December, 1999 has not been prepared as the exercise of the Company's outstanding option will have anti-dilutive effect on the basic earnings per share. 2. Comparative figures Certain of the 1999 comparative figures have been reclassified to conform with current year's presentation.