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Dida Inc. Earnings Release 2001

Aug 30, 2001

50671_rns_2001-08-30_b1e5c6f9-49f1-4e2c-abf2-9fec895cabc2.htm

Earnings Release

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Listed Company Information

CHINA SHIP DEV<01138> - Results Announcement (Summary)

China Shipping Development Company Limited announced on 29/8/2001:
(stock code: 1138)

Please refer to the press announcement for the details of the auditors'
review report on the interim financial statement, issued by the Company on
30/8/2001.

Year end date: 31/12/2001
Currency: RMB (Unaudited)
(Unaudited) Last
Current Corresponding
Period Period
from 1/1/2001 from 1/1/2000
to 30/6/2001 to 30/6/2000
('000) ('000)
Turnover : 1,713,880 1,521,608
Profit/(Loss) from Operations : 364,361 248,709
Finance cost : (92,642) (118,252)
Share of Profit/(Loss) of Associates : (48,388) 1,346
Share of Profit/(Loss) of
Jointly Controlled Entities : N/A N/A
Profit/(Loss) after Tax & MI : 178,200 111,495
% Change over Last Period : +59.83%
EPS/(LPS)-Basic : RMB0.0599 RMB0.0375
-Diluted : N/A N/A
Extraordinary (ETD) Gain/(Loss) : N/A N/A
Profit/(Loss) after ETD Items : 178,200 111,495
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

Remark:

Certain comparative figures have been reclassified to conform with current
year presentation.

For more details, please refer to the press announcement today.