9.
EARNINGS PER SHARE
Basic earnings per share are calculated by dividing the Group’s loss for the year attributable to
owners of the Company by the weighted average number of ordinary shares outstanding during the
financial year.
Diluted earnings per share are calculated by dividing the Group’s loss for the year attributable to
owners of the Company by the weighted average number of ordinary shares outstanding during the
financial year plus the weighted average number of ordinary shares that would be issued on the
conversion of all the dilutive potential ordinary shares into ordinary shares.
These loss and share data are presented in the table below:
Group
2015
2014
$’000
$’000
Loss for the year attributable to owners of the Company
(5,455)
(16,090)
No. of
shares
No. of
shares
‘000
’000
Weighted average number of ordinary shares for basic earnings per
share computation and diluted earnings per share computation*
1,282,826
1,104,854
* The weighted average number of shares takes into account the weighted average effect of changes
in treasury shares transactions during the year.
There are no dilutive potential ordinary shares during the year.
80
NOTES TO THE
FINANCIAL STATEMENTS
For the financial year ended 31 December 2015
HG METAL MANUFACTURING LIMITED
ANNUAL REPORT 2015
