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Luye Pharma Group Limited Earnings Release 2002

Jul 17, 2002

50431_rns_2002-07-17_b4dfa927-9ad7-46df-b262-4fc3ea6266a2.htm

Earnings Release

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Listed Company Information

TAKSON HOLDINGS<00918> - Results Announcement

Takson Holdings Limited announced on 17/07/2002:
(stock code: 00918 )
Year end date: 31/03/2002
Currency: HKD
Auditors' Report: Unqualified
Review of Interim Report by:

(Audited )
(Audited ) Last
Current Corresponding
Period Period
from 01/04/2001 from 01/04/2000
to 31/03/2002 to 31/03/2001
Note ('000 ) ('000 )
Turnover : 238,564 514,357
Profit/(Loss) from Operations : (30,046) (54,692)
Finance cost : (4,469) (13,561)
Share of Profit/(Loss) of
Associates : N/A N/A
Share of Profit/(Loss) of
Jointly Controlled Entities : 150 (1,321)
Profit/(Loss) after Tax & MI : (33,892) (69,836)
% Change over Last Period : N/A %
EPS/(LPS)-Basic (in dollars) : (0.086) (0.182)
-Diluted (in dollars) : N/A N/A
Extraordinary (ETD) Gain/(Loss) : N/A N/A
Profit/(Loss) after ETD Items : (33,892) (69,836)
Final Dividend : NIL NIL
per Share
(Specify if with other : N/A N/A
options)

B/C Dates for
Final Dividend : N/A
Payable Date : N/A
B/C Dates for (-)
General Meeting : N/A
Other Distribution for : N/A
Current Period

B/C Dates for Other
Distribution : N/A

Remarks:


Notes:


(1) Loss from operations

Loss from operations is stated after charging the following:


2002 2001

HK$000 HK$000

Impairment loss on leasehold
land and buildings - (35,620)
Provision for loss on down materials - (16,588)
Write-off of/provision for loss
on textile quota deposits (18,896) (18,756)
======== ========

(2) Loss per share

The calculation of basic loss per share is based on the Group's loss attributable to
shareholders of HK$33,892,000 (2001: loss of HK$69,836,000).

The basic loss per share is based on the weighted average number of 392,924,658 (2001:
384,743,014) ordinary shares in issue during the year. No diluted loss per share is
presented for the years ended 31st March, 2002 and 2001 as there is no dilutive potential
ordinary share for the year ended 31st March, 2002 and the exercise of share options has an
anti-dilutive effect for the year ended 31st March, 2001.