Listed Company Information
 

MIDAS INT'L<01172> - Results Announcement

Midas International Holdings Limited announced on 29/03/2005:
(stock code: 01172 )
Year end date: 31/12/2004
Currency: HKD
Auditors' Report: Unqualified

                                                        (Audited   )
                                     (Audited   )       Last
                                     Current            Corresponding
                                     Period             Period
                                     from 01/01/2004    from 01/01/2003
                                     to 31/12/2004      to 31/12/2003
                               Note  ('000      )       ('000      )
Turnover                           : 736,879            675,237           
Profit/(Loss) from Operations      : 76,881             65,930            
Finance cost                       : (5,777)            (6,257)           
Share of Profit/(Loss) of 
  Associates                       : N/A                N/A               
Share of Profit/(Loss) of
  Jointly Controlled Entities      : N/A                N/A               
Profit/(Loss) after Tax & MI       : 60,611             52,362            
% Change over Last Period          : +15.8     %
EPS/(LPS)-Basic (in dollars)       : 0.109              0.105             
         -Diluted (in dollars)     : 0.109              0.091             
Extraordinary (ETD) Gain/(Loss)    : N/A                N/A               
Profit/(Loss) after ETD Items      : 60,611             52,362            
Final Dividend                     : 3.3 cents          3.0 cents
  per Share                                              
(Specify if with other             : N/A                N/A
  options)                                               
                                                         
B/C Dates for 
  Final Dividend                   : 23/05/2005         to 25/05/2005 bdi.
Payable Date                       : 06/06/2005
B/C Dates for Annual         
  General Meeting                  : 23/05/2005         to 25/05/2005 bdi.
Other Distribution for             : N/A
  Current Period                     
                                     
B/C Dates for Other 
  Distribution                     : N/A   
  
Remarks:

EARNINGS PER SHARE

The calculation of the basic and diluted earnings per share is based on 
the following data:

                                        2004            2003
                                        HK$'000         HK$'000

        Net profit for the year              60,611          52,362
        Dividends on preference shares       (2,281)         (3,801)
                                        ----------------------------
        Earnings for the purposes of basic earnings per share and
          diluted earnings per share         58,330          48,561
                                        ============================

                                             Number of shares
        Weighted average number of ordinary shares for the
          purposes of basic earnings per share
                                        534,290,068     462,821,575
        Effect of dilutive potential ordinary shares:
          - Convertible preference shares         -      71,408,219
          - Share options                         -          10,818
                                        ----------------------------
        Weighted average number of ordinary shares for the
          purposes of diluted earnings per share        
                                        534,290,068     534,240,612
                                        ============================