irasia.com

Righteous(Holdings)Limited

Financial Summary
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                           1998       1997       1996       1995       1994
                        HK$'000    HK$'000    HK$'000    HK$'000    HK$'000
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RESULTS (Year ended August31,)
Turnover
   Continuing operations100,026    175,687    204,653    182,410    109,598
   Discontinued operation     -          -     38,585     45,856     37,585
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                        100,026    175,687    243,235    228,266    147,183
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Operating (loss) profit
   Continuing operations
      excluding 
         exceptional    (24,413)    (8,470)    (2,733)      (109)   (28,501)
            items
   Exceptional items    (30,184)    (5,425)         -      8,051          -
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                        (54,597)   (13,895)    (2,733)     7,942    (28,501)
Discontinued operation        -          -     (4,206)    (5,334)    (7,489)
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                        (54,597)   (13,895)    (6,939)     2,608    (35,990)
Share of loss of associated
   companies                  -          -     (7,451)      (730)         -
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(Loss) profit from ordinary
   activities before 
      taxation          (54,597)   (13,895)   (14,390)     1,878    (35,990)
Taxation (credit) charge      -     (5,097)       191          -      1,018
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(Loss) profit attributable
to shareholders         (54,597)    (8,798)   (14,581)     1,878    (37,008)
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ASSETS AND LIABILITIES
   (As at August 31,)
Fixed assets            132,198    102,073     98,415     87,340    107,665
Interests in associated 
   companies                  -          -          -      7,451          -
Licence rights           13,364          -          -          -          -
Long term investments     2,150      2,150      1,800      1,800      1,800
Current assets           59,906    121,769    138,650    147,089    171,288
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Total assets            207,618    225,992    238,865    243,680    280,753
Current liabilities      77,592     16,919     39,964     36,338     63,380
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Net assets              130,026    209,073    198,901    207,342    217,373
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Source : Righteous(Holdings)Limited
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