Leeport (Holdings) Limited — Interim / Quarterly Report 2004

Aug 24, 2004

Listed Company Information

Listed Company Information
LEEPORT(HOLD)<00387> - Results Announcement Leeport (Holdings) Limited announced on 24/08/2004: (stock code: 00387 ) Year end date: 31/12/2004 Currency: HKD Auditors' Report: N/A Interim report reviewed by: Audit Committee (Unaudited ) (Unaudited ) Last Current Corresponding Period Period from 01/01/2004 from 01/01/2003 to 30/06/2004 to 30/06/2003 Note ($ ) ($ ) Turnover : 316,258,000 207,365,000 Profit/(Loss) from Operations : 23,461,000 12,798,000 Finance cost : (1,063,000) (1,386,000) 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 : 20,321,000 10,107,000 % Change over Last Period : +101.1 % EPS/(LPS)-Basic (in dollars) : 0.1016 0.0505 -Diluted (in dollars) : 0.1016 0.0505 Extraordinary (ETD) Gain/(Loss) : N/A N/A Profit/(Loss) after ETD Items : 20,321,000 10,107,000 Interim Dividend : 6 cents NIL per Share (Specify if with other : N/A N/A options) B/C Dates for Interim Dividend : 17/09/2004 to 21/09/2004bdi. Payable Date : 23/09/2004 B/C Dates for (-) General Meeting : N/A Other Distribution for : N/A Current Period B/C Dates for Other Distribution : N/A Remarks: 1. Basis of presentation of results The Company's shares were listed on the Main Board of The Stock Exchange of Hong Kong Limited (the "Stock Exchange") on 10th July 2003. Pursuant to the group reorganisation (the "Reorganisation") in preparation for the listing of the shares of the Company on the Stock Exchange, the Company became the holding company of the companies now comprising the Group on 16 June 2003. The Reorganisation involved companies under common control, and the Company and its subsidiaries resulting from the Reorganisation are regarded as a continuing group. Accordingly, the Reorganisation had been accounted for the last corresponding period on the basis of merger accounting, under which consolidated accounts had been prepared as if the Company had been the holding company of the companies comprising the Group throughout the last corresponding period presented. 2. Earnings per share The calculations of basic and diluted earnings per share are based on the Group's profit attributable to shareholders of HK$20,321,000 (2003: HK$10,107,000). The basic earnings per share is based on the weighted average number of 200,000,000 (2003: 200,000,000) ordinary shares. The weighted average number of shares for 2003 comparative figure was determined as if the group reorganisation and capitalisation issue as set out in Appendix IV to the Company's Prospectus dated 27th June 2003 had been effective at the beginning of the period. The diluted earnings per share is based on 200,083,000 (2003: 200,000,000) ordinary shares, which is the weighted average number of ordinary shares in issue during the period plus the weighted average number of 83,000 (2003: Nil) ordinary shares deemed to be issued at no consideration if all outstanding options had been exercised.