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Tradelink Electronic Commerce Limited Earnings Release 2004

Jul 23, 2004

49280_rns_2004-07-23_dd6eeb19-0d26-425d-b76c-26c787577f0a.htm

Earnings Release

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Listed Company Information

Listed Company Information
KWOON CHUNG BUS<00306> - Results Announcement

Kwoon Chung Bus Holdings Limited announced on 22/7/2004:
(stock code: 00306 )
Year end date: 31/3/2004
Currency: HKD
Auditors' Report: Unqualified

(Audited )
(Audited ) Last
Current Corresponding
Period Period
from 1/4/2003 from 1/4/2002
to 31/3/2004 to 31/3/2003
Note ('000 ) ('000 )
Turnover : 1,176,987 1,056,596
Profit/(Loss) from Operations : 54,123 61,047
Finance cost : (16,173) (14,204)
Share of Profit/(Loss) of
Associates : N/A N/A
Share of Profit/(Loss) of
Jointly Controlled Entities : (4,595) (1,248)
Profit/(Loss) after Tax & MI : 22,110 17,374
% Change over Last Period : +27 %
EPS/(LPS)-Basic (in dollars) : 0.056 0.044
-Diluted (in dollars) : 0.056 N/A
Extraordinary (ETD) Gain/(Loss) : N/A N/A
Profit/(Loss) after ETD Items : 22,110 17,374
Final Dividend : 1 cent 2.5 cents
per Share
(Specify if with other : N/A N/A
options)

B/C Dates for
Final Dividend : 7/9/2004 to 9/9/2004 bdi.
Payable Date : 13/9/2004
B/C Dates for Annual
General Meeting : 7/9/2004 to 9/9/2004 bdi.
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 net profit
from ordinary activities attributable to shareholders for the year of
HK$22,110,000 (2003 (restated): HK$17,374,000) and on the weighted average
of 393,906,000 (2003: 393,906,000) ordinary shares in issue during the
year.

The calculation of diluted earnings per share for the year ended
31 March 2004 was based on the net profit from ordinary activities
attributable to shareholders for the year of HK$22,110,000 (2003
(restated): HK$17,374,000), the weighted average number of 393,906,000
ordinary shares in issue during the year, as used in the basic earnings
per share calculation; and the weighted average of 2,441,645 ordinary
shares assumed to have been issued at no consideration on the deemed
exercise of all share options during the year.

Diluted earnings per share for the year ended 31 March 2003 has not been
disclosed as the share options outstanding during that year had an anti-
dilutive effect on the basic earnings per share for that year.

2 Due to the adoption of revised/new SSAPs during the current year,
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 year's presentation.