Dida Inc. — Earnings Release 2000

Mar 29, 2001

Listed Company Information

CHINA SHIP DEV<1138> - Results Announcement China Shipping Development Company Limited announced on 29/3/2001: (stock code: 1138) Year end date: 31/12/2000 Currency: RMB (Audited) (Audited) Last Current Corresponding Period Period from 1/1/2000 from 1/1/1999 to 31/12/2000 to 31/12/1999 ('000) ('000) Turnover : 3,190,847 3,110,238 Profit/(Loss) from Operations : 535,996 466,313 Finance cost : (213,742) (278,967) Share of Profit/(Loss) of Associates : 2,760 (27,537) Share of Profit/(Loss) of Jointly Controlled Entities : N/A N/A Profit/(Loss) after Tax & MI : 281,967 126,873 % Change over Last Period : +122.24% EPS/(LPS)-Basic : RMB0.0947 RMB0.0426 -Diluted : N/A N/A Extraordinary (ETD) Gain/(Loss) : N/A N/A Profit/(Loss) after ETD Items : 281,967 126,873 Final Dividend per H Share : RMB0.05 NIL (Specify if with other options) : N/A N/A B/C Dates for Final Dividend : 21/4/2001 to 22/5/2001 bdi. Payable Date : to be announced B/C Dates for Annual General Meeting : 21/4/2001 to 22/5/2001 bdi. Other Distribution for Current Period : N/A B/C Dates for Other Distribution : N/A Remarks: (1) The basic earnings per share in 2000 is calculated based on (i) the net profit after taxation and minority interest (i.e. net profit attributable to shareholders) for the current year being Rmb 281,967,000 and (ii) the number of shares in issue during the year being 2,976,000,000 shares. (2) As the presentation of this statement is different from last year, we reconcile 1999 figures is new and old formats as follows: From 1 January 1999 to 31 December 1999 Rmb '000 Profit/(loss) from operations in new format 466,313 Less: Finance cost in new format (278,967) ---------- Operating profit/(loss)-continuing in old format 187,346 ============