WINFOONG INT'L<0063> - Results Announcement
Winfoong International Limited announced on 22/9/2000:
(stock code: 63)
Year end date: 31/12/2000
Currency: HK$ (Unaudited)
(Unaudited) Last
Current Corresponding
Period Period
from 1/1/2000 from 1/1/1999
to 30/6/2000 to 30/6/1999
('000) ('000)
Turnover : 18,603 21,406
Profit/(Loss) from Operations : (107,390) 5,779
Finance cost : (23,518) (22,646)
Share of Profit/(Loss) of Associates : (1,213) 1,758
Share of Profit/(Loss) of
Jointly Controlled Entities : - -
Profit/(Loss) after Tax & MI : (132,070) (15,355)
% Change over Last Period : N/A
EPS/(LPS)-Basic : (19.17 cents) (2.22 cents)
-Diluted : N/A N/A
Extraordinary (ETD) Gain/(Loss) : - -
Profit/(Loss) after ETD Items : (132,070) (15,355)
Interim Dividend per Share : NIL NIL
(Specify if with other options) : N/A N/A
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
Remarks:
1) Turnover and loss from operations
Turnover Loss
HK$'000 HK$'000
From continuing operations 18,603 (107,390)
From discontinued operations - -
--------- ----------
Total 18,603 (107,390)
========= ==========
Loss from operations included a provision of approximately HK$108.5
million made for a property under development to reflect its net
realisable value.
(2) Loss per share
The calculation of basic loss per share is based on the net loss
attributable to shareholders for the period of HK$132,070,000 (1999:
HK$15,355,000) and the weighted average of 689,005,070 (1999: 690,712,993)
ordinary shares in issue during the period.
The diluted loss per share is not shown for both periods because the
effect of any dilution is antidilutive.
(3) Adjustment of the last corresponding results
To conform with current period presentation, interest income for 1999 has
been reclassified from turnover to other revenue and finance costs for
1999 has been added back to profit from operations and seperately shown.
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