CAI Corp — Earnings Release 2002

Aug 19, 2002

Listed Company Information

HARBOUR CENTRE<00051> - Results Announcement (Summary) Harbour Centre Development Limited announced on 19/8/2002: (stock code: 51) Year end date: 31/12/2002 Currency: Hong Kong Dollar Auditors' Report: N/A Review of Interim Report by: Audit Committee (Unaudited) (Unaudited) Last Current Corresponding Period Period from 1/1/2002 from 1/1/2001 to 30/6/2002 to 30/6/2001 ('Million) ('Million) Turnover : 157.7 196.7 Profit/(Loss) from Operations : 71.5 83.8 Finance cost : - (15.9) Share of Profit/(Loss) of Associates : 4.5 4.1 Share of Profit/(Loss) of Jointly Controlled Entities : NIL NIL Profit/(Loss) after Tax & MI : 57.4 63.6 % Change over Last Period : -9.7% EPS/(LPS)-Basic : $0.18 $0.20 -Diluted : N/A N/A Extraordinary (ETD) Gain/(Loss) : NIL NIL Profit/(Loss) after ETD Items : 57.4 63.6 Interim Dividend per Share : 5.0 cents 5.0 cents (Specify if with other options) : N/A N/A B/C Dates for Interim Dividend : 25/9/2002 to 27/9/2002 bdi. Payable Date : 7/10/2002 B/C Dates for (-) General Meeting : N/A Other Distribution for Current Period : None B/C Dates for Other Distribution : N/A Remarks: (1) Certain comparative figures for operating profit have been reclassified in order to present better the results and financial condition of the Group. (2) The turnover and profit from operations of HK$157.7 million and HK$71.5 million for the half-year period ended 30th June, 2002 respectively and HK$196.7 million and HK$83.8 million for the last corresponding period respectively were all generated from continuing operations. (3) The calculation of earnings per share is based on earnings for the period of HK$57.4 million (2001: HK$63.6 million) and on 315.0 million (2001: 315.0 million) ordinary shares in issue during the period. For the period under review and the preceding comparative period, there is no difference between the basic and diluted earnings per share.