CMON Limited — Earnings Release 2002

Apr 28, 2003

Listed Company Information

SHENYANG PUBLIC<00747> - Results Announcement Shenyang Public Utility Holdings Company Limited announced on 26/04/2003: (stock code: 00747 ) Year end date: 31/12/2002 Currency: RMB Auditors' Report: Unqualified (Audited ) (Audited ) Last Current Corresponding Period Period from 1/1/2002 from 1/1/2001 to 31/12/2002 to 31/12/2001 Note ('000 ) ('000 ) Turnover : 451,620 667,435 Profit/(Loss) from Operations : 158,560 295,358 Finance cost : (2,286) (10,996) Share of Profit/(Loss) of Associates : N/A N/A Share of Profit/(Loss) of Jointly Controlled Entities : 20,388 18,447 Profit/(Loss) after Tax & MI : 92,791 190,616 % Change over Last Period : -51.32 % EPS/(LPS)-Basic (in dollars) : 0.09 0.19 -Diluted (in dollars) : N/A N/A Extraordinary (ETD) Gain/(Loss) : N/A N/A Profit/(Loss) after ETD Items : 92,791 190,616 Final Dividend : NIL NIL per Share (Specify if with other : N/A N/A options) B/C Dates for Final Dividend : N/A Payable Date : N/A B/C Dates for Annual General Meeting : 16/05/2003 to 16/06/2003bdi. Other Distribution for : N/A Current Period B/C Dates for Other Distribution : N/A Remarks: 1. In the previous years, Shenyang Public Utility Holdings Company Limited (the "Company") and the subsidiaries (collectively the "Group") was also involved in the production and sales of urban purified water in the PRC. Such operation was discontinued from 31st July, 2002 upon the disposal of the subsidiary, Shenyang Water, engaged in this operation. And this results in the decrease of the turnover of the Group for the year of 2002 (the "Year"). 2. Earning per share The calculation of earnings per share for the Year is based on the net profit for the Year of RMB92,791,000 (2001: RMB190,616,000) and the number of 1,020,400,000 shares (2001: 1,020,400,000 shares) in issue during the Year. No diluted earnings per share are presented as the Company has no dilutive potential shares outstanding in both years.