MAGNUM INT'L<00305> - Results Announcement (Summary)
Magnum International Holdings Limited announced on 16/4/2002:
(stock code: 305)
Year end date: 31/12/2001
Currency: HKD
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
Turnover : 14,323,447 36,346,741
Profit/(Loss) from Operations : (43,839,869) (7,152,508)
Finance cost : (8,019,885) (11,674,094)
Share of Profit/(Loss) of Associates : - -
Share of Profit/(Loss) of
Jointly Controlled Entities : - -
Profit/(Loss) after Tax & MI : (51,859,754) (17,684,641)
% Change over Last Period : N/A
EPS/(LPS)-Basic : (8.43 cents) (2.88 cents)
-Diluted : N/A N/A
Extraordinary (ETD) Gain/(Loss) : - -
Profit/(Loss) after ETD Items : (51,859,754) (17,684,641)
Final Dividend per Share : NIL NIL
(Specify if with other options) : - -
B/C Dates for Final Dividend : -
Payable Date : -
B/C Dates for (-) General Meeting : -
Other Distribution for Current Period : -
B/C Dates for Other Distribution : -
Remarks:
1. Turnover
Since the property investment became significant to the Group's operation
during the year the rental income was included in the turnover of the
current year's consolidated profit and loss account. This has resulted in
the comparative amounts being correspondingly reclassified from other
revenue to turnover of the 2000 comparative consolidated profit and loss
account.
2. Loss per share
The diluted loss per share for the year ended 31st December 2001 and 2000
have not been shown as the share options outstanding during these years
had an anti-dilutive effect on the basic loss per shares for these years.
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