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Deewin Tianxia Co., Ltd Earnings Release 2002

Apr 9, 2003

50584_rns_2003-04-09_01a974e2-80c2-4225-8962-b850dfa93d3f.htm

Earnings Release

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Listed Company Information

ING BEIJING<01062> - Results Announcement

ING Beijing Investment Company Limited announced on 9/4/2003:
(stock code: 01062 )
Year end date: 31/12/2002
Currency: HKD
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 ($ ) ($ )
Turnover : 7,323,994 1,073,971
Profit/(Loss) from Operations : (19,934,508) (208,881,601)
Finance cost : N/A N/A
Share of Profit/(Loss) of
Associates : (963,800) N/A
Share of Profit/(Loss) of
Jointly Controlled Entities : 1,029,042 1,000,476
Profit/(Loss) after Tax & MI : (19,990,416) (207,157,136)
% Change over Last Period : N/A %
EPS/(LPS)-Basic (in dollars) : (0.0371) (0.3844)
-Diluted (in dollars) : N/A N/A
Extraordinary (ETD) Gain/(Loss) : N/A N/A
Profit/(Loss) after ETD Items : (19,990,416) (207,157,136)
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 : 15/5/2003 to 21/5/2003 bdi.
Other Distribution for : N/A
Current Period

B/C Dates for Other
Distribution : N/A

Remarks:


Basic EPS

The calculation of basic loss per share is based on loss attributable
to Shareholders of $19,990,416 on 539,512,000 ordinary shares in issue
during the year.

= $19,990,416 / 539,512,000

= 3.71 cents

Diluted

Diluted earnings per share is not shown for the year ended December 31,
2002 as the potential ordinary shares were anti-dilutive.