Article: WellNet announces profit attributable to shareholders surges to HK$81 million, up 689%.

M2 PRESSWIRE-14 March 2000-WellNet Holdings: WellNet announces profit attributable to shareholders surges to HK$81 million, up 689% (C)1994-2000 M2 COMMUNICATIONS LTD

RDATE:09032000

Hong Kong -- WellNet Holdings Limited ("WellNet" or the "Company"; stock code: 0024) today announced financial results for the period ended December 31, 1999. Profit attributable to shareholders surged 689% to HK$81 million. Basic earnings per share rose 685% to 10.68 cents, while turnover increased 356% to HK$3.1 billion.

Apart from the continued development of the Company's core metal business, WellNet took a strong initiative during the period to develop ...

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