UNIVERSE INT'L<1046> - Results Announcement
Universe International Holdings Limited announced on 30/3/2000:
(stock code: 1046)
Year end date: 30/6/2000
Currency: HKD (Unaudited)
(Unaudited) Last
Current Corresponding
Period Period
from 1/7/1999 from 1/7/1998
to 31/12/1999 to 31/12/1998
Turnover
- Continuing : 115,730,000 88,204,000
- Discontinued : - -
Operating Profit/(Loss)
- Continuing : 28,052,000 14,235,000
- Discontinued : - -
Total Operating Profit/(Loss) : 28,052,000 14,235,000
Share of Profit/(Loss) of
Associated Companies : - -
Share of Profit/(Loss) of
Jointly Controlled Entities : - -
Profit/(Loss) after Tax & MI : 23,606,000 12,297,000
% Change over Last Period : +92%
EPS/(LPS)-Basic : 13.54 cents 10.84 cents
-Diluted : - -
Extraordinary (ETD) Gain/(Loss) : - -
Profit/(Loss) after ETD Items : 23,606,000 12,297,000
Interim Dividend per Share : NIL N/A
(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
Remarks:
(1) Listing date and the basis of presentation of results
(a) The company was incorporated in Bermuda on 26th March 1999 as an
exempted company with limited liability under the Companies Act 1981
Bermuda (as amended).
(b) On 28th June 1999, pursuant to a group reorganization to rationalise
the group structure in preparation for the public listing of the company's
shares on The Stock Exchange of Hong Kong Limited (the "Stock Exchange"),
the company became the holding company of the group. The company's shares
were successfully listed on the Stock Exchange on 20th July 1999.
(c) The group reorganisation referred to above has been reflected in the
accounts by regarding the Group, which comprises the company and its
subsidiaries, as a continuing entity. Accordingly, the group accounts
have been prepared on the basis as if the company had been the holding
company throughout the accounting periods presented. In the opinion of
the directors, the consolidated accounts prepared on the above basis
present more fairly the results and the state of affairs of the group as a
whole.
(2) Basis of calculation for EPS of the current period
- Basic EPS:
The calculation of basic EPS is based on the profit attributable to the
shareholders for the six months ended 31 December 1999 of HK$23,605,656
(1998: HK$12,297,431) and the weighted average of 174,345,653 shares
(1998: 113,400,000 shares deemed to be in issue) throughout the respective
period on the summation that the reorganisation of the Group had been
completed on 1st July 1998.
- Diluted EPS:
Since the Company did not enter into obligation that could dilute the EPS
in the future as at 31st December, 2000.
|
