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Melco International Development Limited Earnings Release 2000

Apr 27, 2000

49028_rns_2000-04-27_60f6ad58-cba8-437b-b0fb-b60931fc6ade.htm

Earnings Release

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Listed Company Information

CROCODILE<0122> - Results Announcement

Crocodile Garments Limited announced on 27/4/2000:
(stock code: 122)
Year end date: 31/7/2000
Currency: HK$ (Unaudited)
(Unaudited) Last
Current Corresponding
Period Period
from 1/8/1999 from 1/8/1998
to 31/1/2000 to 31/1/1999

Turnover
- Continuing : 389,862,000 351,903,000
- Discontinued : - -
Operating Profit/(Loss)
- Continuing : (13,462,000) (55,761,000)
- Discontinued : - -
Total Operating Profit/(Loss) : (13,462,000) (55,761,000)
Share of Profit/(Loss) of
Associated Companies : - -
Share of Profit/(Loss) of
Jointly Controlled Entities : - -
Profit/(Loss) after Tax & MI : (13,810,000) (55,762,000)
% Change over Last Period : N/A
EPS/(LPS)-Basic : (2.2 cents) (9.0 cents)
-Diluted : N/A N/A
Extraordinary (ETD) Gain/(Loss) : N/A N/A
Profit/(Loss) after ETD Items : (13,810,000) (55,762,000)
Interim Dividend per Share : Nil Nil
(Specify if with other options) : Nil Nil
B/C Dates for Interim Dividend : Nil
Payable Date : N/A
B/C Dates for (-) General Meeting : Nil
Other Distribution for Current Period : Nil
B/C Dates for Other Distribution : Nil

Remarks:

(1) The exceptional items represent the severance payment for
streamlining the Hong Kong operations and the forfeiture of deposits paid
by a buyer in respect of a property owned by the Group.

(2) Loss per share is calculated based on the net loss attributable to
shareholders of HK$13,810,000 (1999: HK$55,762,000) and the 617,127,130
shares (1999: 617,127,130 shares) of the Company in issue during the
period.