Charnos PLC - Interim Results
29 Oktober 1999 - 1:30PM
UK Regulatory
RNS No 8277n
CHARNOS PLC
29 October 1999
CHARNOS PLC AND ITS SUBSIDIARIES
Unaudited Consolidated Profit and Loss Account
for the Half-Year Ended 26 June 1999
#'000
Half Year Half Year Half Year
1999 1998 1998
Turnover 30,072 33,720 90,009
Loss on Ordinary Activities
before Taxation (4,291) (3,731) (59)
Taxation 1,287 1,157 184
Loss on Ordinary Activities after
Taxation attributable to the (3,004) (2,574) 125
Shareholders of Charnos plc
Dividends paid or proposed:
Preference 12 12 25
"A" Ordinary 0 0 21
"B" Ordinary 0 0 5,538
Total Dividends 12 12 5,584
Loss for period carried forward (3,016) (2,586) 5,459
Earnings per 'A' Ordinary Share of
25p each (299p)
Earnings per Ordinary Share of
25p each (129p) 5p
NOTES
1. Interim results are unaudited, but the 1998 full year's figures are from the
audited published accounts.
2. Earnings per ordinary share prior to 1999 are calculated on the group
profit/(loss) on ordinary activities after taxation, less preference
dividends and the 2,000,000 ordinary shares in issue throughout this period.
Earnings per ordinary share in 1999 are calculated on the group loss on
ordinary activities after taxation, less preference dividends and the
1,008,300 "A" ordinary shares currently in issue and entitled to a dividend
following a capital restructuring reported in the published accounts for the
year ended 31 December 1998.
3. The figures for the first six months always give a misleading indication of
prospects for the full year. There are many uncertain factors which
preclude a firm prediction of the 1999 result.
4. This statement is sent directly to the holders of listed securities. Copies
are available for members of the public at the Company's registered office.
END
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