Persistence Gold Group Ltd — Earnings Release 1999

Apr 18, 2000

Listed Company Information

YING WING HOLD<1104> - Results Announcement Ying Wing Holdings Limited announced on 18/4/2000: (stock code: 1104) Year end date: 31/12/1999 Currency: HK$ (Audited) (Audited) Last Current Corresponding Period Period from 1/1/1999 from 1/1/1998 to 31/12/1999 to 31/12/1998 Turnover - Continuing : 212,907,000 293,690,000 - Discontinued : - - Operating Profit/(Loss) - Continuing : 31,982,000 46,454,000 - Discontinued : - - Total Operating Profit/(Loss) : 31,982,000 46,454,000 Share of Profit/(Loss) of Associated Companies : - - Share of Profit/(Loss) of Jointly Controlled Entities : - - Profit/(Loss) after Tax & MI : 27,514,000 40,341,000 % Change over Last Period : -31.8% EPS/(LPS)-Basic : 13.76 cents 26.67 cents -Diluted : N/A N/A Extraordinary (ETD) Gain/(Loss) : - - Profit/(Loss) after ETD Items : 27,514,000 40,341,000 Final Dividend per Share : 8 cents 2 cents (Specify if with other options) : N/A N/A B/C Dates for Final Dividend : 29/5/2000 to 5/6/2000 bdi. Payable Date : 20/6/2000 B/C Dates for Annual General Meeting : 29/5/2000 to 5/6/2000 bdi. Other Distribution for Current Period : N/A B/C Dates for Other Distribution : N/A Remarks: 1) The Company was incorporated on 23 September 1998 as an exempted company with limited liability in Bermuda under the Companies Act 1981 of Bermuda (as amended). Pursuant to a group reorganisation (the "Group Reorganisation") to rationalise the structure of the Group in preparation for the listing of the Company's shares on The Stock Exchange of Hong Kong Limited (the "Stock Exchange"), the Company became the holding company of the Group on 10 December 1998. The Company's shares have been listed on the Stock exchange with effect from 29 December 1998. The Group resulting from the Group Reorganisation has been treated as a continuing entity. Accordingly, the comparative figures have been prepared on the basis as if the Company had always been the holding company of the Group. 2) No figure for the diluted earnings per share is presented as there was no dilution.