Comtec Solar Systems Group Limited — Earnings Release 2001

Aug 30, 2001

Listed Company Information

SUN EAST TECH<00365> - Results Announcement (Summary) Sun East Technology (Holdings) Limited announced on 30/8/2001: (stock code: 365) Year end date: 31/3/2001 Currency: HK$ (Audited) (Audited) Last Current Corresponding Period Period from 1/4/2000 from 1/4/1999 to 31/3/2001 to 31/3/2000 ('000) ('000) Turnover : 509,120 402,627 Profit/(Loss) from Operations : 82,264 64,998 Finance cost : (1,219) (1,235) Share of Profit/(Loss) of Associates : - - Share of Profit/(Loss) of Jointly Controlled Entities : - - Profit/(Loss) after Tax & MI : 68,716 53,888 % Change over Last Period : +27.52% EPS/(LPS)-Basic : 25.40 cents 23.03 cents -Diluted : N/A N/A Extraordinary (ETD) Gain/(Loss) : - - Profit/(Loss) after ETD Items : 68,716 53,888 Final Dividend per Share : 4 cents N/A (Specify if with other options) : - - B/C Dates for Final Dividend : 24/9/2001 to 26/9/2001 bdi. Payable Date : 12/10/2001 B/C Dates for Annual General Meeting : 24/9/2001 to 26/9/2001 bdi. Other Distribution for Current Period : - B/C Dates for Other Distribution : - Remarks: (1) The Company was listed on 16 October 2000. The financial statements have been prepared in accordance with Statements of Standard Accounting Practice, accounting principles generally accepted in Hong Kong and the disclosure requirements of the Hong Kong Companies Ordinance. The consolidated financial statements have been prepared using the merger basis of accounting as a result of the Group reorganisation completed on 18 September 2000. (2) The calculation of basic earnings per share is based on the net profit attributable to shareholders for the year of HK$68,716,000 (2000: HK$53,888,000) and the weighted average of 270,542,466 shares (2000: 234,000,000 shares) in issue during the year.