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Road King Infrastructure Limited Earnings Release 2000

Mar 28, 2001

49683_rns_2001-03-28_83b6c6f7-a59d-4de6-9390-81b02860f7d5.htm

Earnings Release

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Listed Company Information

ROAD KING INFRA<1098> - Results Announcement

Road King Infrastructure Limited announced on 28/3/2001:
(stock codes: Ord: 1098 & War: 359)
Year end date: 31/12/2000
Currency: HK$ (Audited)
(Audited) Last
Current Corresponding
Period Period
from 1/1/2000 from 1/1/1999
to 31/12/2000 to 31/12/1999
('000) ('000)
Turnover : 275,774 243,150
Profit/(Loss) from Operations : 176,684 388,236
Finance cost : (130,725) (133,398)
Share of Profit/(Loss) of Associates : - -
Share of Operating Profit of
joint ventures : 403,462 370,679
Profit/(Loss) after Tax & MI : 428,099 610,333
% Change over Last Period : -29.86%
EPS/(LPS)-Basic : $0.76 $1.07
-Diluted : $0.75 $1.03
Extraordinary (ETD) Gain/(Loss) : - -
Profit/(Loss) after ETD Items : 428,099 610,333
Final Dividend per Share : $0.07 $0.22
(Specify if with other options) : N/A N/A
B/C Dates for Final Dividend : 8/5/2001 to 14/5/2001 bdi.
Payable Date : 25/5/2001
B/C Dates for Annual General Meeting : 8/5/2001 to 14/5/2001 bdi.
Other Distribution for Current Period : N/A
B/C Dates for Other Distribution : N/A

Remark:

Earnings per share

The calculation of the basic and diluted earnings per share is based on
the following data:
2000 1999
HK$'000 HK$'000
Profit for the year 428,099 610,333
Convertible preference shares dividend (38,879) (38,879)
-------------------------
Earnings for the purposes of basic
earnings per share 389,220 571,454

Effect of dilutive potential ordinary
shares:
Convertible preference shares dividend 38,879 38,879
------------------------
Earnings for the purposes of diluted
earnings per share 428,099 610,333
=======================

Weighted average number of ordinary
shares for the purposes of basic
earnings per share 510,565,725 533,106,846
Effect of dilutive potential ordinary
shares:
Convertible preference shares 60,558,411 60,558,411
Options 450,931 17,891
----------------------------
Weighted average number of ordinary shares
for the purposes of diluted earnings
per share 571,575,067 593,683,148
===========================