ASIA LOGISTICS<00862> - Results Announcement (Summary)
Asia Logistics Technologies Limited announced on 22/4/2002:
(stock code: 862)
Year end date: 31/12/2001
Currency: HK$
Auditors' Report: Neither
Review of Interim Report by: N/A
(Audited)
(Audited) Last
Current Corresponding
Period Period
from 1/1/2001 from 1/1/2000
to 31/12/2001 to 31/12/2000
('000) ('000)
Turnover : 62,809 10,019
Profit/(Loss) from Operations : (22,083) (16,996)
Finance cost : (326) (509)
Share of Profit/(Loss) of Associates : (70) -
Share of Profit/(Loss) of
Jointly Controlled Entities : - -
Profit/(Loss) after Tax & MI : (24,352) (19,550)
% Change over Last Period : N/A
EPS/(LPS)-Basic : (0.84 cent) (0.84 cent)
-Diluted : - -
Extraordinary (ETD) Gain/(Loss) : - -
Profit/(Loss) after ETD Items : (24,352) (19,550)
Final Dividend per Share : Nil Nil
(Specify if with other options) : - -
B/C Dates for Final Dividend : N/A
Payable Date : N/A
B/C Dates for Annual General Meeting : 22/5/2002 to 28/5/2002 bdi.
Other Distribution for Current Period : N/A
B/C Dates for Other Distribution : N/A
Remarks:
1) Turnover 2001 2000
HK$'000 HK$,000
Continuing operations 61,920 -
Discontinued operations 889 10,019
62,809 10,019
2) Profit/ (loss )from operating activities
2001 2000
HK$'000 HK$,000
Continuing operations (21,417) (11,475)
Discontinued operations ( 666) ( 5,521)
(22,083) (16,996)
3) Earnings/(loss) per share
The calculation of the basic earning/(loss) per share for the year is
based on the following data:
Earning/(loss)
2001 2000
HK$,000 HK$,000
Net profit/(loss) from ordinary
activities
Attributable to shareholders: (24,352) (19,550)
Number of shares
Weighted average number of ordinary
share for the purpose of basic
earning/(loss) per share 2,885,446,921 2,328,372,542
Earning/(loss) per share HK($0.84)cents HK($0.84)cents
2001 2000
Diluted Earning/(loss) per share : N/A N/A
The diluted loss per share amount for the years ended 31 December 2001 and
31 December 2000 have not been shown, as the share options outstanding
during these years and the convertible bond outstanding during the current
year had anti-dilutive effects on the basic loss per share for these
years.
4) Certain comparative amounts have been reclassified to conform with the
current year's presentation.
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