JUSCO STORES<00984> - Results Announcement (Summary)
Jusco Stores (Hong Kong) Co., Limited announced on 23/10/2001:
(stock code: 984)
Year end date: 28/2/2002
Currency: HK$ (Unaudited)
(Unaudited) Last
Current Corresponding
Period Period
from 1/3/2001 from 1/3/2000
to 31/8/2001 to 31/8/2000
('000) ('000)
Turnover : 1,722,783 1,439,896
Profit from Operations : 24,135 10,676
Finance cost : (93) (1,129)
Share of Profit/(Loss) of Associates : - -
Share of Profit/(Loss) of
Jointly Controlled Entities : - -
Profit after Taxation & MI : 15,268 7,662
% Change over Last Period : +99.27%
EPS/(LPS)-Basic : 5.87 cents 2.95 cents
-Diluted : N/A N/A
Extraordinary (ETD) Gain/(Loss) : Nil Nil
Profit/(Loss) after ETD Items : 15,268 7,662
Interim Dividend per Share : 2 cents 1 cent
(Specify if with other options) : Nil Nil
B/C Dates for Interim Dividend : 20/11/2001 to 23/11/2001 bdi.
Payable Date : 7/12/2001
B/C Dates for (-) General Meeting : N/A
Other Distribution for Current Period : N/A
B/C Dates for Other Distribution : N/A
Remarks:
1. BASIS OF PREPARATION
The interim financial report has been prepared in accordance with the
applicable disclosure requirements of Appendix 16 to the Rules Governing
the Listing of Securities on The Stock Exchange of Hong Kong Limited and
Statement of Standard Accounting Practice ("SSAP") 25 "Interim financial
reporting" issued by the Hong Kong Society of Accountants.
2. TAXATION
Six months ended
31 August 31 August
2001 2000
HK$'000 HK$'000
The charge comprises:
Current taxation
Hong Kong Profits Tax 1,100 --
PRC income tax 6,618 4,369
Deferred taxation credit -- (2,900)
-------- --------
7,718 1,469
======== ========
Hong Kong Profits Tax is calculated at 16% of the estimated assessable
profit for the period.
PRC income tax is calculated at 33% of the estimated assessable profits of
the subsidiary.
3. EARNINGS PER SHARE
The calculation of earnings per share is based on the Group's net profit
for the period of HK$15,268,000 (2000: HK$7,662,000) and on 260,000,000
(2000: 260,000,000) ordinary shares in issue during the period.
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