DIT Group Limited — Earnings Release 2001

Jul 20, 2001

Listed Company Information

SOUTH EAST GP<0726> - Results Announcement (Summary) South East Group Limited announced on 20/7/2001: (stock code: 726) 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 : 54,251 70,877 Profit/(Loss) from Operations : (15,822) 96,087 Finance cost : (2,175) (3,087) Share of Profit/(Loss) of Associates : Nil Nil Share of Profit/(Loss) of Jointly Controlled Entities : Nil Nil Profit/(Loss) after Tax & MI : (17,997) 92,933 % Change over Last Period : N/A EPS/(LPS)-Basic : (0.54 cent) 2.81 cents -Diluted : N/A N/A Extraordinary (ETD) Gain/(Loss) : N/A N/A Profit/(Loss) after ETD Items : (17,997) 92,933 Final Dividend per Share : Nil Nil (Specify if with other options) : Nil Nil B/C Dates for Final Dividend : N/A Payable Date : N/A B/C Dates for (-) General Meeting : N/A Other Distribution for Current Period : Nil B/C Dates for Other Distribution : N/A Remarks: 1. PROFIT / (LOSS) FROM OPERATIONS To conform with the current year presentation, the comparative figures of 2000 have been reclassified as below: HK$'000 Operating Profit as reported in the 12 months period to 31.3.2000 93,000 Add: Finance costs now separately disclosed 3,087 -------- Operating Profit as adjusted to comply with current year presentation 96,087 ======== 2. TAXATION No provision for Hong Kong and overseas profits tax has been made in the financial statements for the current year as the Group has no assessable profits for the year. 3. DIVIDENDS The board of Directors does not recommend the payment of a dividend for the year ended 31st March 2001. 4. (LOSS) / EARNINGS PER SHARE The calculation of (loss) / earnings per share is based on the consolidated loss attributable to shareholders for the year of HK$17,997,000 (2000: profit of HK$92,933,000) and on 3,305,718,800 (2000: 3,305,718,800) shares in issue during the year. The Company has no potential dilutive ordinary shares that were outstanding during the two years ended 31st March 2000 and 2001.