JUSCO STORES<0984> - Results Announcement

JUSCO STORES<0984> - Results Announcement
Jusco Stores (Hong Kong) Co., Limited announced on 27/10/2000:
(stock code: 984)
Year end date: 28/2/2001
Currency: HK$                                               (Unaudited)
                                           (Unaudited)      Last
                                           Current          Corresponding
                                           Period           Period
                                           from 1/3/2000    from 1/3/1999
                                           to 31/8/2000     to 31/8/1999
                                          
Turnover                                 : 1,439,896,000    1,505,301,000
Profit/(Loss) from Operations            : 10,676,000       (13,427,000)
Finance cost                             : (1,129,000)      (3,595,000)
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             : 7,662,000        (17,583,000)
% Change over Last Period                : N/A
EPS/(LPS)-Basic                          : 2.95 cents       (6.76 cents)
         -Diluted                        : N/A              N/A
Extraordinary (ETD) Gain/(Loss)          : N/A              N/A
Profit/(Loss) after ETD Items            : 7,662,000        (17,583,000)
Interim Dividend per Share               : 1 cent           Nil
(Specify if with other options)          : N/A              N/A
B/C Dates for Interim Dividend           : 21/11/2000 to 24/11/2000 bdi.
Payable Date                             : 8/12/2000
B/C Dates for (-) General Meeting        : N/A              
Other Distribution for Current Period    : N/A              
B/C Dates for Other Distribution         : N/A              

Remark:

The unaudited financial statements of Jusco for the six months ended 31st 
August, 2000 have been prepared on the following basis:-

(1)  The condensed financial statements have been prepared under the 
historical cost convention.

(2)  The condensed financial statements have been prepared in accordance 
with Statement of Standard Accounting Practice 25 "Interim Financial 
Reporting".  The accounting policies adopted are consistent with those 
followed in the Group's annual financial statements for the year ended 
29th February, 2000.