MAGNUM INT'L<00305> - Results Announcement (Summary)
Magnum International Holdings Limited announced on 18/9/2001:
(stock code: 305)
Year end date: 31/12/2001
Currency: HK$ (Unaudited)
(Unaudited) Last
Current Corresponding
Period Period
from 1/1/2001 from 1/1/2000
to 30/6/2001 to 30/6/2000
Turnover : 7,461,703 24,614,155
Profit/(Loss) from Operations : (6,622,265) 1,682,707
Finance cost : (4,231,088) (5,682,192)
Share of Profit/(Loss) of Associates : - -
Share of Profit/(Loss) of
Jointly Controlled Entities : - -
Profit/(Loss) after Tax & MI : (10,853,353) (4,335,295)
% Change over Last Period : N/A
EPS/(LPS)-Basic : (1.76 cents) (0.70 cent)
-Diluted : N/A N/A
Extraordinary (ETD) Gain/(Loss) : - -
Profit/(Loss) after ETD Items : (10,853,353) (4,335,295)
Interim Dividend per Share : NIL NIL
(Specify if with other options) : - -
B/C Dates for Interim Dividend : -
Payable Date : -
B/C Dates for (-) General Meeting : -
Other Distribution for Current Period : -
B/C Dates for Other Distribution : -
Remarks:
1. LOSS PER SHARE
The calculation of basic loss per share is based on the net loss
attributable to shareholders for the period of HK$10,853,353 (six months
ended 30th June 2000: HK$4,335,295) and on the 615,024,175 shares (six
months ended 30th June 2000: 615,024,175 shares) in issue throughout the
period.
The diluted loss per share for the period ended 30th June 2001 and 2000
have not been shown as the share options outstanding during these periods
had an anti-dilutive effect on the basic loss per share.
2. INDEPENDENT AUDITORS' REVIEW REPORT
The Company's auditors have been instructed by the directors to review the
interim financial report. The independent review report will be reproduced
in full in the interim report which will be dispatched to the members
within 3 months from 30th June 2001.
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