Ocean Sky International Limited - Ocean Sky International Ltd ...

GROUP PROFIT AND LOSS ACCOUNTS
Unaudited
(Based on
management
accounts
presented for
comparative
purpose only)
Financial year ended Six months Six months
31 December financial financial
period ended period ended
Note 1999 2000 2001 30 June 2002 30 June 2001
$’000 $’000 $’000 $’000 $’000
Revenue 29 56,705 104,645 179,988 92,013 74,606
Cost of sales (42,879) (82,289) (143,640) (70,349) (57,582)
Gross profit 13,826 22,356 36,348 21,664 17,024
Other operating income 375 174 874 142 67
Distribution costs (1,644) (3,088) (4,445) (2,764) (2,021)
Administrative and other
operating expenses (5,963) (11,008) (18,825) (8,956) (7,417)
Profit from operations 30 6,594 8,434 13,952 10,086 7,653
Finance costs 31 (541) (1,494) (1,989) (518) (1,000)
Share of results of
associated company — (7) 18 — —
Profit before taxation 6,053 6,933 11,981 9,568 6,653
Taxation 32 (1,649) (1,348) (2,430) (1,916) (1,353)
Profit after taxation 4,404 5,585 9,551 7,652 5,300
Minority interests — 25 (55) — 48
Profit attributable to
shareholders 4,404 5,610 9,496 7,652 5,348
Earnings per share
(in cents) based on the
pre-invitation share capital
of 293,661,720
ordinary shares of
$0.05 each 33 1.50 1.91 3.23 2.61 1.82
The accompanying notes form an integral part of and should
be read in conjunction with these financial statements
99