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Tradelink Electronic Commerce Limited Earnings Release 2003

Dec 20, 2002

49280_rns_2002-12-20_58f73404-6860-4353-ab11-c71bc48f82ef.htm

Earnings Release

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Listed Company Information

KWOON CHUNG BUS<00306> - Results Announcement

Kwoon Chung Bus Holdings Limited announced on 20/12/2002:
(stock code: 00306 )
Year end date: 31/3/2003
Currency: HKD
Auditors' Report: N/A
Review of Interim Report by: Audit Committee

(Unaudited )
(Unaudited ) Last
Current Corresponding
Period Period
from 1/4/2002 from 1/4/2001
to 30/9/2002 to 30/9/2001
Note ('000 ) ('000 )
Turnover : 498,812 468,524
Profit/(Loss) from Operations : 23,766 (8,733)
Finance cost : (4,742) (5,956)
Share of Profit/(Loss) of
Associates : N/A (348)
Share of Profit/(Loss) of
Jointly Controlled Entities : (206) 2,659
Profit/(Loss) after Tax & MI : 8,126 (13,203)
% Change over Last Period : N/A %
EPS/(LPS)-Basic (in dollars) : 0.0206 (0.0335)
-Diluted (in dollars) : 0.0206 (0.0335)
Extraordinary (ETD) Gain/(Loss) : N/A N/A
Profit/(Loss) after ETD Items : 8,126 (13,203)
Interim Dividend : 1 cent 0.5 cent
per Share
(Specify if with other : N/A N/A
options)

B/C Dates for
Interim Dividend : 15/1/2003 to 17/01/2003bdi.
Payable Date : 24/1/2003
B/C Dates for (-)
General Meeting : N/A
Other Distribution for : N/A
Current Period

B/C Dates for Other
Distribution : N/A

Remarks:


1 Earnings (Loss) per share

The calculation of basic earnings/(loss) per share is based on the net
profit from ordinary activities attributable to shareholders for the
period of HK$8,126,000 (2001: a loss of HK$13,203,000) and on the weighted
average of 393,906,000 (2001: 393,906,000) ordinary shares in issue during
the period.

The calculations of basic and diluted earnings/(loss) per share are based
on:

For the six months ended
30 September
2002 2001
(Unaudited) (Unaudited)
HK$'000 HK$'000
Earnings / (Loss):
Net profit / (loss) attributable
to shareholders, for the purpose of
basic and diluted earnings / (loss) per
share calculation 8,126 (13,203)
Number of shares
For the six months
ended 30 September
2002 2001
(Unaudited) (Unaudited)
Shares:
Weighted average number of ordinary
shares in issue during the period for
the purpose of basic earnings / (loss)
per share calculation 393,906,000 393,906,000
Weighted average number of ordinary
shares assumed issued at no
consideration on deemed exercise
of all share options outstanding
during the period - -
------------- -------------
Weighted average number of ordinary
shares for the purpose of diluted
earnings / (loss) per share
calculation 393,906,000 393,906,000
============ ============

2 Due to the adoption of revised/new SSAPs during the current period, the
presentation of the profit and loss account, the balance sheets and
certain supporting notes has been revised to comply with the new
requirements. Accordingly, certain comparative amounts have been
reclassified to conform with the current period's presentation.