Annual Report 2020

NOTESTOTHE CONSOLIDATED FINANCIAL STATEMENTS For the year ended 31 December 2020 98 The United Laboratories International Holdings Limited Annual Report 2020 16. EARNINGS PER SHARE The calculation of the basic and diluted earnings per share attributable to owners of the Company is based on the following data: Earnings 2020 2019 RMB’000 RMB’000 Earnings for the purposes of basic and diluted earnings per share being profit for the year attributable to owners of the Company 702,989 641,764 Number of shares 2020 2019 ‘000 ‘000 Weighted average number of ordinary shares for the purpose of basic and diluted earnings per share 1,765,968 1,639,725 The computation of diluted earnings per share for the years ended 31 December 2019 and 2020 does not assume the conversion of the Company’s convertible bonds outstanding during the year since their exercise would result in an increase in earnings per share.