UBA INVESTMENTS<00768> - Results Announcement
UBA Investments Limited announced on 20/05/2003:
(stock code: 00768 )
Year end date: 31/03/2003
Currency: HKD
Auditors' Report: Unqualified
(Audited )
(Audited ) Last
Current Corresponding
Period Period
from 01/04/2002 from 01/04/2001
to 31/03/2003 to 31/03/2002
Note ($ ) ($ )
Turnover : 8,179,890 27,799,964
Profit/(Loss) from Operations : (18,157,102) 14,055,116
Finance cost : (61,113) (408)
Share of Profit/(Loss) of
Associates : 0 0
Share of Profit/(Loss) of
Jointly Controlled Entities : 0 0
Profit/(Loss) after Tax & MI : (18,018,215) 14,054,708
% Change over Last Period : N/A %
EPS/(LPS)-Basic (in dollars) : (0.017) 0.014
-Diluted (in dollars) : N/A 0.014
Extraordinary (ETD) Gain/(Loss) : 0 0
Profit/(Loss) after ETD Items : (18,018,215) 14,054,708
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 Annual
General Meeting : 02/07/2003 to 08/07/2003bdi.
Other Distribution for : N/A
Current Period
B/C Dates for Other
Distribution : N/A
Remarks:
1. Turnover and revenue
The Group principally invests in listed and unlisted securities, including
equity securities and convertible bonds.
2003 2002
HK$ HK$
Proceeds from sale of listed securities 2,697,639 27,510,942
Dividend income from:
- Listed equity securities 1,062,251 289,022
- Unlisted equity securities 4,420,000 0
--------- ----------
8,179,890 27,799,964
========= ==========
No analysis of the Group's turnover and contribution to operating loss for
the year set out by principal activities and geographical markets is
provided as the Group has only one single business segment, investment
holding, and all the consolidated turnover and the consolidated results of
the Group are attributable to markets in Hong Kong.
2. (Loss) earnings per share
The calculation of basic (loss) earnings per share is based on the Group's
loss attributable to shareholders of HK$18,018,215 (2002: profits of HK$
14,054,708) and the weighted average of 1,048,671,500 (2002:
1,010,714,000) ordinary shares in issue during the year.
There was no dilution effect on the basic loss per share for the year
ended March 31, 2003 as all subscription rights attaching to the 2002
warrants lapsed on June 30, 2002. The diluted earnings per share for the
year ended March 31, 2002 was based on 1,033,105,658 ordinary shares which
was the weighted average of 1,010,714,000 ordinary shares in issue during
the year plus the weighted average of 22,391,658 ordinary shares deemed to
be issued at no consideration if all outstanding warrants had been
exercised during that year.
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