MAGNUM INT'L<00305> - Results Announcement
Magnum International Holdings Limited announced on 15/04/2003:
(stock code: 00305 )
Year end date: 31/12/2002
Currency: HKD
Auditors' Report: Unqualified
(Audited )
(Audited ) Last
Current Corresponding
Period Period
from 01/01/2002 from 01/01/2001
to 31/12/2002 to 31/12/2001
Note ($ ) ($ )
Turnover : 9,920,099 14,323,447
Profit/(Loss) from Operations : (14,335,094) (43,839,869)
Finance cost : (7,504,116) (8,019,885)
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 : (21,990,980) (51,859,754)
% Change over Last Period : N/A %
EPS/(LPS)-Basic (in dollars) : (0.0358) (0.0843)
-Diluted (in dollars) : N/A N/A
Extraordinary (ETD) Gain/(Loss) : N/A N/A
Profit/(Loss) after ETD Items : (21,990,980) (51,859,754)
Final Dividend : NIL NIL
per Share
(Specify if with other : N/A N/A
options)
B/C Dates for
Final Dividend : N/A
Payable Date : N/A
B/C Dates for (-)
General Meeting : N/A
Other Distribution for : N/A
Current Period
B/C Dates for Other
Distribution : N/A
Remarks:
1. Discontinued operation
The turnover and loss after taxation disclosed under continuing operation
and discontinued operation are as follows:
Turnover
2002 2001
HK$ HK$
Continuing operations 9,920,099 13,673,804
Discontinued operations - 649,643
---------- ----------
Total 9,920,099 14,323,447
========= ==========
Loss attributable to shareholders
2002 2001
HK$ HK$
Continuing operations 21,693,760 26,118,852
Discontinued operations 297,220 25,740,902
----------- ----------
Total 21,990,980 51,859,754
=========== ==========
2. Loss per share
The diluted loss per share for the year ended 31st December 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 years.
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