Dida Inc. — Earnings Release 2000

Aug 30, 2000

Listed Company Information

CHINA SHIP DEV<1138> - Results Announcement China Shipping Development Company Limited announced on 29/8/2000: (stock code: 1138) Year end date: 31/12/2000 Currency: RMB (Unaudited) (Unaudited) Last Current Corresponding Period Period from 1/1/2000 from 1/1/1999 to 30/6/2000 to 30/6/1999 ('000) ('000) Turnover - Continuing : 1,521,608 1,616,780 - Discontinued : - - Operating Profit/(Loss) - Continuing : 130,457 120,886 - Discontinued : - - Total Operating Profit/(Loss) : 130,457 120,886 Share of Profit/(Loss) of Associated Companies : 1,346 (30,068) Share of Profit/(Loss) of Jointly Controlled Entities : - - Profit/(Loss) after Tax & MI : 111,495 73,978 % Change over Last Period : +50.71% EPS/(LPS)-Basic : RMB3.75 cents RMB2.49 cents -Diluted : - - Extraordinary (ETD) Gain/(Loss) : - - Profit/(Loss) after ETD Items : 111,495 73,978 Interim Dividend per H 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) The format of 2000 income statement has been changed in accordance with the new requirement of HKSSAP 1. Therefore, the operating profit/(loss) in 2000 as compared with that for the same period in 1999, as shown in the form was calculated as follows: For the period 30th June 2000 30th June 1999 (RMB'000) (RMB'000) Profit from operating activities 248,709 275,285 less: finance costs (118,252) (154,399) ----------- ------------ 130,457 120,886 (2) The basic earnings per share in 2000 is calculated based on the net profit after taxation and MI (i.e., net profit attributable to shareholders) for the current period of RMB111,495,000 and the 2,976,000,000 shares in issue during the period. (3) In order to reflect the current year's presentation due to the new requirement of the HKSSAP 1, certain comparative figures have been accordingly reclassified. For more details, please refer to the press announcement today.