MAGNUM INT'L<00305> - Results Announcement (Summary)
Magnum International Holdings Limited announced on 12/9/2002:
(stock code: 305)
Year end date: 31/12/2002
Currency: HKD
Auditors' Report: N/A
Review of Interim Report by: Audit Committee
(Unaudited)
(Unaudited) Last
Current Corresponding
Period Period
from 1/1/2002 from 1/1/2001
to 30/6/2002 to 30/6/2001
Turnover : 5,738,524 8,342,102
Profit/(Loss) from Operations : (1,922,905) (6,622,265)
Finance cost : (3,635,912) (4,231,088)
Share of Profit/(Loss) of Associates : - -
Share of Profit/(Loss) of
Jointly Controlled Entities : - -
Profit/(Loss) after Tax & MI : (5,558,817) (10,853,353)
% Change over Last Period : N/A
EPS/(LPS)-Basic : (0.90 cent) (1.76 cents)
-Diluted : N/A N/A
Extraordinary (ETD) Gain/(Loss) : - -
Profit/(Loss) after ETD Items : (5,558,817) (10,853,353)
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. Turnover
Since the property investment became significant to the Group's operation
during the period, property rental income was included in the turnover of
the current period's condensed consolidated profit and loss account. This
has resulted in the comparative amounts being correspondingly reclassified
from other revenue to turnover of the 2001 comparative condensed
consolidated profit and loss account.
2. Loss per share
The diluted loss per share for the period ended 30th June 2002 and 2001
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
periods.
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