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Computer And Technologies Holdings Limited Earnings Release 2001

Sep 21, 2001

48900_rns_2001-09-21_c5a56b6a-d40f-4989-848a-126980cc7c11.htm

Earnings Release

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Listed Company Information

CHINA AEROSPACE<00031> - Results Announcement (Summary)

China Aerospace International Holdings Limited announced on 21/9/2001:
(stock code: 31)
Year end date: 31/12/2001
Currency: HKD (Unaudited)
(Unaudited) Last
Current Corresponding
Period Period
from 1/1/2001 from 1/1/2000
to 30/6/2001 to 30/6/2000

Turnover : 456,583,000 496,458,000
Profit/(Loss) from Operations : (31,100,000) (20,945,000)
Finance cost : (59,940,000) (68,261,000)
Share of Profit/(Loss) of Associates : 2,562,000 (2,315,000)
Share of Profit/(Loss) of
Jointly Controlled Entities : - -
Profit/(Loss) after Tax & MI : (64,236,000) (84,049,000)
% Change over Last Period : N/A
EPS/(LPS)-Basic : (3.0 cents) (4.0 cents)
-Diluted : N/A N/A
Extraordinary (ETD) Gain/(Loss) : - -
Profit/(Loss) after ETD Items : (64,236,000) (84,049,000)
Interim Dividend per Share : NIL NIL
(Specify if with other options) : N/A N/A
B/C Dates for Interim Dividend : N/A
Payable Date : N/A
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. Operating loss is arrived at after charging (crediting) :

2001 2000
HK$'000 HK$'000
Provision for amounts due from
an associate 37,000 -
Amortisation of development costs 5,737 552
Depreciation on fixed assets 34,317 25,730
Gain on disposal of fixed assets (6,392) -
Dividend income from listed investment
securities (9,270) (3,090)
Interest income (10,641) (54,887)
======== ========

2. Loss per share

The calculation of the basic loss per share is based on the following
data:
2001 2000
HK$'000 HK$'000
Loss
Loss for the year for the calculation
of basic loss per share (64,236) (84,049)

Number of Shares
Weighted average number of ordinary
shares for the calculation of basic
loss per share 2,142,419,902 2,087,494,148
=============================
No diluted loss per share has been presented for both years as there is no
dilutive potential shares in issue.

3. Certain comparative amounts have been restated in order to achieve a
consistent presentation.