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Tradelink Electronic Commerce Limited Earnings Release 2004

Dec 18, 2003

49280_rns_2003-12-18_29dc2786-876a-48b1-9770-6cb95bd830d0.htm

Earnings Release

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Listed Company Information

KWOON CHUNG BUS<00306> - Results Announcement

Kwoon Chung Bus Holdings Limited announced on 18/12/2003:
(stock code: 00306 )
Year end date: 31/03/2004
Currency: HKD
Auditors' Report: N/A
Review of Interim Report by: Audit Committee

(Unaudited )
(Unaudited ) Last
Current Corresponding
Period Period
from 01/04/2003 from 01/04/2002
to 30/09/2003 to 30/09/2002
Note ('000 ) ('000 )
Turnover : 485,142 498,812
Profit/(Loss) from Operations : 13,895 23,766
Finance cost : (7,077) (4,742)
Share of Profit/(Loss) of
Associates : N/A N/A
Share of Profit/(Loss) of
Jointly Controlled Entities : (3,343) (206)
Profit/(Loss) after Tax & MI : 3,275 8,331
% Change over Last Period : -60.7 %
EPS/(LPS)-Basic (in dollars) : 0.0083 0.0211
-Diluted (in dollars) : 0.0083 0.0211
Extraordinary (ETD) Gain/(Loss) : N/A N/A
Profit/(Loss) after ETD Items : 3,275 8,331
Interim Dividend : 1 cent 1 cent
per Share
(Specify if with other : N/A N/A
options)

B/C Dates for
Interim Dividend : 06/01/2004 to 08/01/2004bdi.
Payable Date : 12/01/2004
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 per share

The calculation of basic earnings per share is based on the unaudited
consolidated net profit from ordinary activities attributable to
shareholders for the period of HK$3,275,000 (2002: HK$8,331,000 as
restated) and on the weighted average of 393,906,000 (2002: 393,906,000)
ordinary shares in issue during the period.

The calculations of basic and diluted earnings per share are based on:

For the six months ended
30 September
2003 2002
(Unaudited) (Unaudited and
restated)
HK$'000 HK$'000
Earnings:
Net profit attributable to
shareholders, for the purpose of
basic and diluted earnings per share
calculation 3,275 8,331
====== ======

Number of shares
For the six months ended
30 September
2003 2002
(Unaudited) (Unaudited)
Shares:
Weighted average number of ordinary
shares in issue during the period
for the purpose of basic earnings
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 597,279 -
------------- ------------
Weighted average number of ordinary
shares for the purpose of diluted
earnings per share calculation 394,503,279 393,906,000
============= ============

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.