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Persistence Gold Group Ltd Interim / Quarterly Report 1999

Sep 20, 1999

50623_rns_1999-09-20_0887f546-0ad4-4a2e-a1dc-93e461b1991e.htm

Interim / Quarterly Report

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Listed Company Information

YING WING HOLD<1104> - Results Announcement

Ying Wing Holdings Limited announced on 20/9/1999:
(stock code: 1104)
Year end date: 31/12/1999
Currency: HK$
Last
Current Corresponding
Period Period
from 1/1/1999 from 1/1/1998
to 30/6/1999 to 30/6/1998

Turnover/Interest Income : 128,849,000 166,552,000
Profit-Continuing Operations
- Operating Profit : 22,886,000 31,435,000
- Exceptional Items : - -
- Discontinued Operations : - -
Total Operating Profit : 22,886,000 31,435,000
Share of Profit/(Loss) of
Associated Companies : - -
Profit after Tax
& MI : 20,086,000 27,435,000
% Change over Last Period : -27%
EPS-Basic : 10.0 cents 18.3 cents
-Diluted : N/A N/A
Extraordinary (ETD) Gain/(Loss) : - -
Profit after ETD Items : 20,086,000 27,435,000
Interim Dividend per Share : Nil Nil
(Specify if with other options) : N/A N/A
B/C Dates for Interim 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) The Company was incorporated on 23 September 1998 in Bermuda
as an exempted company with limited liability under the Companies Act of
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 were listed on the Stock Exchange on 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 shares for the six months
ended 30 June 1999 is presented as there was no dilution.