PCL ENTERPRISES<1010> - Results Announcement

PCL Enterprises Holdings Limited announced on 26/5/2000:
(stock code: 1010)
Year end date: 31/12/1999
Currency: HK$                                               (Audited)
                                           (Audited)        Last
                                           Current          Corresponding
                                           Period           Period
                                           from 1/1/1999    from 1/1/1998
                                           to 31/12/1999    to 31/12/1998
                                           ('000)           ('000)
Turnover
    - Continuing                         : 90,110           94,017
    - Discontinued                       : -                -
Operating Profit/(Loss)
    - Continuing                         : (17,511)         (36,941)
    - Discontinued                       : -                -
Total Operating Profit/(Loss)            : (17,511)         (36,941)
Share of Profit/(Loss) of
  Associated Companies                   : -                -
Share of Profit/(Loss) of
  Jointly Controlled Entities            : -                -
Profit/(Loss) after Tax & MI             : (9,110)          (19,775)
% Change over Last Period                : N/A
EPS/(LPS)-Basic                          : (2.7 cents)      (5.9 cents)
         -Diluted                        : N/A              N/A
Extraordinary (ETD) Gain/(Loss)          : -                -
Profit/(Loss) after ETD Items            : (9,110)          (19,775)
Final Dividend per Share                 : Nil              Nil
(Specify if with other options)          : -                -
B/C Dates for Final Dividend             : N/A
Payable Date                             : N/A
B/C Dates for Annual General Meeting     : 22/6/2000 to 26/6/2000 bdi.
Other Distribution for Current Period    : N/A
B/C Dates for Other Distribution         : N/A

Remark:

Loss Per Share

The calculation of basic loss per share for the year was based on the 
consolidated net loss attributable to shareholders of approximately 
$9,110,000 (1998 - $19,775,000) and the number of approximately 
336,587,000 shares (1998 - 336,587,000 shares) in issue during the year.

Diluted loss per share was not presented as there was no dilution effect 
on the loss per share.