Yunkang Group Limited — Earnings Release 2004

Jun 2, 2004

Listed Company Information

Listed Company Information
LENOVO GROUP<00992> - Results Announcement Lenovo Group Limited announced on 2/6/2004: (stock code: 00992 ) 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 : 23,175,944 20,233,290 Profit/(Loss) from Operations : 1,019,895 1,049,601 Finance cost : (2,881) (20) Share of Profit/(Loss) of Associates : 16,891 13,826 Share of Profit/(Loss) of Jointly Controlled Entities : (39,053) (34,756) Profit/(Loss) after Tax & MI : 1,052,885 1,017,152 % Change over Last Period : +3.51 % EPS/(LPS)-Basic (in dollars) : 0.1409 0.1355 -Diluted (in dollars) : 0.1399 0.1354 Extraordinary (ETD) Gain/(Loss) : N/A N/A Profit/(Loss) after ETD Items : 1,052,885 1,017,152 Final Dividend : 3 cents 3 cents per Share (Specify if with other : N/A N/A options) B/C Dates for Final Dividend : 19/7/2004 to 23/7/2004 bdi. Payable Date : 28/7/2004 B/C Dates for Annual General Meeting : 19/7/2004 to 23/7/2004 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 and diluted earnings per share is based on the following data: 2004 2003 (audited) (audited) Earnings for the purposes of basic and diluted earnings per share (HK$'000) 1,052,885 1,017,152 ============= ========= Weighted average number of shares for the purposes of basic earnings per share 7,471,766,157 7,504,340,579 Effect of potential dilutive shares 53,541,036 9,827,387 ------------- ------------- Weighted average number of shares for the purposes of diluted earnings per share 7,525,307,193 7,514,167,966 ============= ============= 2. Turnover, revenue and segment information Primary reporting format-geographical segments (i) For the year ended 31 March 2004: People's Republic of China ("PRC") Others Total (Audited) (Audited) (Audited) HK$'000 HK$'000 HK$'000 Profit and loss account Turnover 22,878,303 297,641 23,175,944 =========================================== Segment operating results 947,125 (33,157) 913,968 ========================== Gains on disposal of investments 47,558 - 47,558 Amortisation of intangible assets (34,999) - (34,999) Finance income 93,368 Finance costs (2,881) ----------- Contribution to operating profit 1,017,014 Share of losses of jointly controlled entities (39,053) - (39,053) Share of profits of associated companies 16,891 - 16,891 ---------- Profit before taxation 994,852 Taxation 20,150 ----------- Profit after taxation 1,015,002 Minority interests 37,883 ------------ Profit attributable to shareholders 1,052,885 ========== (ii) For the year ended 31 March 2003: PRC Others Total (Audited) (Audited) (Audited) HK$'000 HK$'000 HK$'000 Profit and loss account Turnover 19,738,075 495,215 20,233,290 ========================================== Segment operating results 1,011,204 3,212 1,014,416 ======================= Losses on disposal of investments (26,802) - (26,802) Amortisation of intangible assets (15,246) - (15,246) Finance income 77,233 Finance costs (20) ------------ Contribution to operating profit 1,049,581 Share of losses of jointly controlled entities (34,756) - (34,756) Share of profits of associated companies 13,826 - 13,826 ------------- Profit before taxation 1,028,651 Taxation (26,018) ------------- Profit after taxation 1,002,633 Minority interests 14,519 ------------- Profit attributable to shareholders 1,017,152 ============= Secondary reporting format-business segments (i) For the year ended 31 March 2004: Contribution to Turnover operating profit (Audited) (Audited) HK$'000 HK$'000 Corporate IT business 11,925,240 777,698 Consumer IT business 7,760,668 466,814 Handheld device business 2,050,164 (74,565) IT service business 547,780 (58,009) Contract manufacturing business 892,092 (95,208) Gains on disposal of investments - 47,558 Amortisation of goodwill - (25,274) Others - (22,000) ---------------------------- 23,175,944 1,017,014 ============================ (ii) For the year ended 31 March 2003: Contribution to Turnover operating profit (Audited) (Audited) HK$'000 HK$'000 Corporate IT business 10,803,311 744,153 Consumer IT business 6,822,633 363,527 Handheld device business 1,440,328 29,017 IT service business 183,800 (61,405) Contract manufacturing business 983,218 8,554 Losses on disposal of investments - (26,802) Amortisation of goodwill - (7,463) --------------------------------- 20,233,290 1,049,581 =================================