China High Precision Automation Group Limited — Earnings Release 2001

Dec 12, 2000

Listed Company Information

ALCO HOLDINGS<0328> - Results Announcement Alco Holdings Limited announced on 12/12/2000: (stock code: 328) Year end date: 31/3/2001 Currency: HKD (Unaudited) (Unaudited) Last Current Corresponding Period Period from 1/4/2000 from 1/4/1999 to 30/9/2000 to 30/9/1999 ('000) ('000) Turnover : 2,000,837 1,505,052 Profit/(Loss) from Operations : 71,304 55,259 Finance cost : (15,798) (9,236) Share of Profit/(Loss) of Associates : - - Share of Profit/(Loss) of Jointly Controlled Entities : - - Profit/(Loss) after Tax & MI : 46,052 41,142 % Change over Last Period : +11.9% EPS/(LPS)-Basic : 9.2 cents 8.6 cents -Diluted : 9.1 cents 8.4 cents Extraordinary (ETD) Gain/(Loss) : - - Profit/(Loss) after ETD Items : 46,052 41,142 Interim Dividend per Share : 1.5 cents 1.5 cents (Specify if with other options) : - - B/C Dates for Interim Dividend : 2/1/2001 to 4/1/2001 bdi. Payable Date : 12/1/2001 B/C Dates for (-) General Meeting : N/A Other Distribution for Current Period : N/A B/C Dates for Other Distribution : N/A Remarks: (1) The basis of calculation for basic and diluted EPS The calculation of basic and diluted earnings per share is based on the group's profit attributable to shareholders for the six months ended 30th September 2000 of HK$46,052,000 (1999: HK$41,142,000) The basic earnings per share is based on the weighted average of 502,717,614 (1999: 476,984,619) ordinary shares in issue during the period. The diluted earnings per share is based on the 502,717,614 (1999: 476,984,619) ordinary shares which is the weighted average number of ordinary shares in issue during the period plus the weighted average of 4,580,434 (1999: 14,231,321) ordinary shares deemed to be issued at no consideration if all outstanding options had been exercised. (2) Comparative figures Certain comparative figures have been reclassified to conform with the current presentation as required under SSAP1 (revised) "Presentation of Financial Statements".