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Luye Pharma Group Limited Earnings Release 2001

Jul 24, 2001

50431_rns_2001-07-24_d9a1c672-a374-4f2d-8fbc-efedabb27bd3.htm

Earnings Release

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Listed Company Information

TAKSON HOLDINGS<0918> - Results Announcement (Summary)

Takson Holdings Limited announced on 24/7/2001:
(stock code: 918)
Year end date: 31/3/2001
Currency: HK$ (Audited)
(Audited) Last
Current Corresponding
Period Period
from 1/4/2000 from 1/4/1999
to 31/3/2001 to 31/3/2000
('000) ('000)
Turnover : 514,357 480,713
Profit/(Loss) from Operations : (54,692) 68,966
Finance cost : (13,561) (8,061)
Share of Profit/(Loss) of Associates : N/A N/A
Share of Profit/(Loss) of
Jointly Controlled Entities : (1,321) (195)
Profit/(Loss) after Tax & MI : (69,836) 50,425
% Change over Last Period : N/A
EPS/(LPS)-Basic : (18.2 cents) 13.9 cents
-Diluted : N/A 13.0 cents
Extraordinary (ETD) Gain/(Loss) : N/A N/A
Profit/(Loss) after ETD Items : (69,836) 50,425
Final Dividend per Share : NIL 11.0 cents
(Specify if with other options) : N/A N/A
B/C Dates for Final 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

Remarks:

(1) (Loss)/profit from operations

(Loss)/profit from operations is stated after charging the following:

2001 2000
HK$000 HK$000

Impairment loss on leasehold
land and buildings (35,620) -
Provision for loss on down
materials (16,588) -
Provision for loss on textile
quota (18,756) -
===========================

(2) (Loss)/earnings per share

The calculation of basic and diluted (loss)/earnings per share is based on
the Group's loss attributable to shareholders of HK$69,836,000 (2000:
profit of HK$50,425,000).

The basic (loss)/earnings per share is based on the weighted average
number of 384,743,014 (2000: 363,529,372) ordinary shares in issue during
the year. Diluted loss per share for the year ended 31st March 2001, is
not shown as there is no dilution arising from the outstanding share
options in issue during the year ended 31st March, 2001. The diluted
earnings per share for the year ended 31st March, 2000 is based on
363,529,372 ordinary shares which is the weighted average number of
ordinary shares in issue during the year plus the weighted average number
of 23,988,032 ordinary shares deemed to be issued at no consideration if
all outstanding options had been exercised.

(3) Comparative figures

Certain comparative figures have been reclassified to conform with the
current year's presentation.