Autohome Inc. — Earnings Release 1999

May 15, 2000

Listed Company Information

GOLIK HOLDINGS<1118> - Results Announcement Golik Holdings Limited announced on 15/5/2000: (stock code: 1118) Year end date: 31/12/1999 Currency: HKD (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 : 1,027,647 929,422 - Discontinued : - 128,380 Operating Profit/(Loss) - Continuing Operations : 61,466 43,022 - Discontinued Operations : - (7,780) Total Operating Profit/(Loss) : 61,466 35,242 Share of Profit/(Loss) of Associated Companies : - (18) Share of Profit/(Loss) of Jointly Controlled Entities : (166) - Profit/(Loss) after Tax & MI : 41,411 20,328 % Change over Last Period : +104% EPS/(LPS)-Basic : 7.42 cents 3.84 cents -Diluted : 7.38 cents 3.83 cents Extraordinary (ETD) Gain/(Loss) : - - Profit/(Loss) after ETD Items : 41,411 20,328 Final Dividend per Share : 2 cents Nil (Specify if with other options) : - - B/C Dates for Final Dividend : 20/6/2000 to 23/6/2000 bdi. Payable Date : 14/7/2000 B/C Dates for Annual General Meeting : 20/6/2000 to 23/6/2000 bdi. Other Distribution for Current Period : N/A B/C Dates for Other Distribution : N/A Remarks: 1) Turnover Turnover represents the net amounts received and receivable for goods sold to outsider customers and revenue generated from construction contracts during the year as follows: 1999 1998 HK$'000 HK$'000 Continuing Operations: Sales of metal and steel products 982,293 929,422 and ALC products Revenue from construction contracts 45,354 - --------- ---------- 1,027,647 929,422 Discontinued operations: Sales of printing and auxiliary machinery and consumables - 128,380 ----------- ------------ 1,027,647 1,057,802 ============ ============= 2) Earning per share The calculation of the basic and diluted earnings per share is based on the following data: 1999 1998 HK$'000 HK$'000 Earnings for the purposes of basic and diluted earnings per share 41,411 20,328 Weighted average number of ordinary shares for the purposes of basic earnings per share 558,377,500 529,693,724 Effect of dilutive share options 3,008,966 751,657 ------------ ------------ Weighted average number of ordinary shares for the purposes of diluted earnings per share 561,386,466 530,445,381 =========== ============ The weighted average number of ordinary shares in 1998 for the purposes of basic earnings per share had been adjusted for the rights issue on 15th May, 1998. The computation of diluted earnings per share in 1998 did not assume the conversion of the Company's outstanding convertible notes since their exercise would result in an increase in net earnings per share from continuing operations.