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DIT Group Limited Earnings Release 2002

Jul 25, 2002

49427_rns_2002-07-25_c3b50329-5d1c-4036-b1fa-5ba4fa3b5234.htm

Earnings Release

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Listed Company Information

SOUTH EAST GP<00726> - Results Announcement (Summary)

South East Group Limited announced on 25/7/2002 :
(stock code: 726)
Year end date: 31/3/2002
Currency: HK$
Auditors' Report: Unqualified
Review of Interim Report by: N/A
(Audited)
(Audited) Last
Current Corresponding
Period Period
from 1/4/2001 from 1/4/2000
to 31/3/2002 to 31/3/2001
('000) ('000)
Turnover : 37,055 54,251
Profit/(Loss) from Operations : (16,807) (15,822)
Finance cost : (997) (2,175)
Share of Profit/(Loss) of Associates : Nil Nil
Share of Profit/(Loss) of
Jointly Controlled Entities : (604) Nil
Profit/(Loss) after Tax & MI : (18,408) (17,997)
% Change over Last Period : N/A
EPS/(LPS)-Basic : (5.6 cents) (5.4 cents)
-Diluted : N/A N/A
Extraordinary (ETD) Gain/(Loss) : N/A N/A
Profit/(Loss) after ETD Items : (18,408) (17,997)
Final Dividend per Share : Nil Nil
(Specify if with other options) : Nil Nil
B/C Dates for Final Dividend : N/A 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. TAXATION

No provision for Hong Kong and overseas profits tax has been made
for the year ended 31 March 2002 as the Group has no assessable profits
for the period concerned.

2. DIVIDENDS

The Board of Directors does not recommend the payment of a
dividend for the year ended 31 March 2002.

3. LOSS PER SHARE

The calculation of loss per share is based on the audited
consolidated loss attributable to shareholders of HK$18,408,000 (2001:
loss of HK$17,997,000) and on 330,571,880 (2001: 330,571,880) shares in
issue during the year on the assumption that the capital reorganization
would have been completed in the financial year ended 31 March 2001.