U-RIGHT INT'L<00627> - Results Announcement
U-Right International Holdings Limited announced on 25/07/2006:
(stock code: 00627 )
Year end date: 31/03/2006
Currency: HKD
Auditors' Report: Unqualified
(Audited )
(Audited ) Last
Current Corresponding
Period Period
from 01/04/2005 from 01/04/2004
to 31/03/2006 to 31/03/2005
Note ('000 ) ('000 )
Turnover : 1,343,852 913,844
Profit/(Loss) from Operations : 177,187 139,468
Finance cost : (38,775) (13,877)
Share of Profit/(Loss) of
Associates : N/A N/A
Share of Profit/(Loss) of
Jointly Controlled Entities : 55 882
Profit/(Loss) after Tax & MI : 103,406 95,985
% Change over Last Period : +8 %
EPS/(LPS)-Basic (in dollars) : 0.0430 0.0585
-Diluted (in dollars) : 0.0430 0.0584
Extraordinary (ETD) Gain/(Loss) : N/A N/A
Profit/(Loss) after ETD Items : 103,406 95,985
Final Dividend : 0.8 cent 0.8 cent
per Share
(Specify if with other : N/A N/A
options)
B/C Dates for
Final Dividend : 31/08/2006 to 05/09/2006 bdi.
Payable Date : 28/09/2006
B/C Dates for Annual
General Meeting : 31/08/2006 to 05/09/2006 bdi.
Other Distribution for : N/A
Current Period
B/C Dates for Other
Distribution : N/A
Remarks:
1. EXPLANATION FOR CHANGE OF LAST CORRESPONDING RESULTS.
"Share of profit of jointly controlled entities" for the year ended 31
March 2005 shall be revised to HK$882,000 as a result of exclusion of HK$
7,500,000 of "Amortization of goodwill arising on acquisition of jointly
controlled entities" due to reclassification and inclusion of income tax
expense of HK$138,000 due to the adoption of new and revised Hong Kong
Financial Reporting Standards.
2. EARNINGS PER SHARE
The calculations of basic and diluted earnings per share are based
on:
2006 2005
HK$'000 HK$'000
Earnings
Profit attributable to equity holders of the
Company, used in the basic and diluted
earnings per share calculation 103,406 95,985
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Number of shares 2006 2005
Weighted average number of ordinary shares
used in basic earnings per share calculation
2,405,943,249 1,639,717,123
Effect of dilutive potential ordinary shares in
respect of warrants N/A 4,119,772
________________ _____________
Weighted average number of ordinary shares used
in diluted earnings per share calculation
2,405,943,249 1,643,836,895
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