WINFOONG INT'L<0063> - Results Announcement
Winfoong International Limited announced on 19/5/1999:
(stock code: 63)
Year end date: 31/12/1998
Currency: HK$
Last
Current Corresponding
Period Period
from 1/1/1998 from 1/1/1997
to 31/12/1998 to 31/12/1997
('000) ('000)
Turnover : 126,848 394,789
Profit-Continuing Operations
- Operating Profit/(Loss) : (45,678) 859
- Exceptional Items : (188,361) (108,063)
- Discontinued Operations : - -
Total Operating Profit/(Loss) : (234,039) (107,204)
Share of Profit/(Loss) of
Associated Companies : (11,751) (3,838)
Profit/(Loss) after Tax
& MI : (241,920) (101,026)
% Change over Last Period : N/A
EPS/(LPS)-Basic : (35.01 cents) (14.71 cents)
-Diluted : N/A N/A
Extraordinary (ETD) Gain/(Loss) : - -
Profit/(Loss) after ETD Items : (241,920) (101,026)
Final Dividend per Share : Nil Nil
(Specify if with other options) : N/A N/A
B/C Dates for Final 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
Remarks:
(1) Exceptional Items
1998 1997
HK$'000 HK$'000
Loss on disposal and deemed disposal
of Sui Chong Holdings Limited (51,616) -
Deficit on revaluation of investment
properties - (7,910)
Gain/(loss) on disposal of an
investment property (52,651) 97,300
Provision for diminution in value
- properties held for future
development (28,094) (97,094)
- property held for resale (56,000) (100,359)
--------- ---------
(188,361) (108,063)
========= =========
(2) Fully Diluted Earnings Per Share
The fully diluted earnings per share are not shown for the both years
because the effect of any dilution is anti-dilutive.
For more details, please refer to the press announcement today.
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