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Wang On Group Limited Earnings Release 2002

Dec 14, 2001

49778_rns_2001-12-14_20a5aebb-9eae-4619-bb9c-33b4b958c306.htm

Earnings Release

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Listed Company Information

WANG ON GROUP<01222> - Results Announcement (Summary)

Wang On Group Limited announced on 14/12/2001:
(stock code: 1222)
Year end date: 31/3/2002
Currency: HKD (Unaudited)
(Unaudited) Last
Current Corresponding
Period Period
from 1/4/2001 from 1/4/2000
to 30/9/2001 to 30/9/2000
('000) ('000)
Turnover : 145,882 87,626
Profit/(Loss) from Operations : 12,973 2,751
Finance cost : (2,042) (823)
Share of Profit/(Loss) of Associates : 129 172
Share of Profit/(Loss) of
Jointly Controlled Entities : N/A N/A
Profit/(Loss) after Tax & MI : 7,562 2,268
% Change over Last Period : +233.42%
EPS/(LPS)-Basic : 0.88 cent 0.31 cent
-Diluted : 0.85 cent N/A
Extraordinary (ETD) Gain/(Loss) : - -
Profit/(Loss) after ETD Items : 7,562 2,268
Interim Dividend per Share : Nil Nil
(Specify if with other options) : - -
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

Remark:

Earnings per share

The calculation of the basic earnings per share is based on the following
data:

Unaudited
Six months ended
30 September
2001 2000
HK$'000 HK$'000
Net profit from ordinary
activities attributable to
shareholders 7,562 2,268
======================

No. of shares
'000 '000
Weighted average number of ordinary
shares for the purpose of
basic earnings per share 857,362 741,610
Effect of dilutive potential
ordinary shares
- share options &
convertible bonds 28,380 -
------------------------
Weighted average number of
ordinary shares for the
purpose of diluted earnings
per share 885,742 741,610
=======================