MENGNIU DAIRY<02319> - Results Announcement
China Mengniu Dairy Company Limited announced on 05/09/2006:
(stock code: 02319 )
Year end date: 31/12/2006
Currency: RMB
Auditors' Report: N/A
Interim report reviewed by: Both Audit Committee and Auditors
(Unaudited )
(Unaudited ) Last
Current Corresponding
Period Period
from 01/01/2006 from 01/01/2005
to 30/06/2006 to 30/06/2005
Note ('000 ) ('000 )
Turnover : 7,546,355 4,754,042
Profit/(Loss) from Operations : 482,341 344,099
Finance cost 2 : (20,985) (12,892)
Share of Profit/(Loss) of
Associates : 1,825 4,710
Share of Profit/(Loss) of
Jointly Controlled Entities : N/A N/A
Profit/(Loss) after Tax & MI : 343,425 246,527
% Change over Last Period : +39.3 %
EPS/(LPS)-Basic (in dollars) 1 : 0.25 0.22
-Diluted (in dollars) 1 : 0.25 0.18
Extraordinary (ETD) Gain/(Loss) : N/A N/A
Profit/(Loss) after ETD Items : 343,425 246,527
Interim Dividend : Nil Nil
per Share
(Specify if with other : N/A N/A
options)
B/C Dates for
Interim 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. Earnings per share
Basic earnings per share amount is calculated by dividing the net profit
for the period attributable to equity holders of the Company by the
weighted average number of ordinary shares outstanding during the period.
There was no dilutive potential ordinary shares outstanding during the
period. Diluted earnings per share amount for the six months ended 30 June
2005 was calculated by dividing the net profit for the period attributable
to equity holders of the Company by the weighted average number of
ordinary shares outstanding during that period adjusted for the effects of
dilutive potential ordinary shares.
The following reflects the net profit and the number of shares used in the
basic and diluted earnings per share calculations:
For the six months ended 30 June
2006 2005
RMB'000 RMB'000
Net profit attributable to equity
holders of the Company 343,425 246,527
======= =======
Number of shares Number of shares
(in thousand) (in thousand)
Weighted average number of ordinary
shares for the purpose of basic
earnings per share calculation 1,368,416 1,131,897
Weighted average number of ordinary
shares, assuming issued on the
conversion of convertible instrument
during the period - 236,519
______________ ____________
Weighted average number of
ordinary shares for the purpose
of diluted earnings per share
calculation 1,368,416 1,368,416
========= =========
2. Finance costs shown above are net of interest income amounting to
approximately RMB8,075,000 (six months ended 30 June 2005: RMB6,063,000).
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