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DIT Group Limited Earnings Release 2003

Jul 21, 2003

49427_rns_2003-07-21_b28c9934-e3e2-4ff1-9a7e-79b5833d3f4e.htm

Earnings Release

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Listed Company Information

SOUTH EAST GP<00726> - Results Announcement

South East Group Limited announced on 21/07/2003:
(stock code: 00726 )
Year end date: 31/03/2003
Currency: HKD
Auditors' Report: Unqualified

(Audited )
(Audited ) Last
Current Corresponding
Period Period
from 01/04/2002 from 01/04/2001
to 31/03/2003 to 31/03/2002
Note ('000 ) ('000 )
Turnover : 60,252 37,055
Profit/(Loss) from Operations : (32,487) (16,807)
Finance cost : (539) (997)
Share of Profit/(Loss) of
Associates : N/A N/A
Share of Profit/(Loss) of
Jointly Controlled Entities : (663) (604)
Profit/(Loss) after Tax & MI : (33,700) (18,408)
% Change over Last Period : N/A %
EPS/(LPS)-Basic (in dollars) : (0.102) (0.056)
-Diluted (in dollars) : N/A N/A
Extraordinary (ETD) Gain/(Loss) : N/A N/A
Profit/(Loss) after ETD Items : (33,700) (18,408)
Final Dividend : NIL NIL
per Share
(Specify if with other : N/A N/A
options)

B/C Dates for
Final Dividend : N/A
Payable Date : N/A
B/C Dates for (-)
General Meeting : N/A
Other Distribution for : N/A
Current Period

B/C Dates for Other
Distribution : N/A

Remarks:


1. TAXATION

Taxation in the income statement represents the Hong Kong profits tax
underprovided for prior years. 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. The Group did not
have taxation payable as at 31 March 2003.

2. DIVIDENDS

The Board of Directors does not recommend the payment of any
dividends for the year.

3. LOSS PER SHARE

The calculation of loss per share is based on the consolidated
loss attributable to shareholders for the year of HK$33,700,000 (2002:
loss of HK$18,408,000) and on 330,571,880 (2002: 330,571,880) shares in
issue during the year. The Company has no potential dilutive ordinary
shares that were outstanding during the two years ended 31 March 2003 and
31 March 2002.