DIT Group Limited — Interim / Quarterly Report 2004

Dec 15, 2003

Listed Company Information

SOUTH EAST GP<00726> - Results Announcement South East Group Limited announced on 15/12/2003: (stock code: 00726 ) Year end date: 31/3/2004 Currency: HKD Auditors' Report: N/A Review of Interim Report by: Audit Committee (Unaudited ) (Unaudited ) Last Current Corresponding Period Period from 01/04/2003 from 01/04/2002 to 30/09/2003 to 30/09/2002 Note ('000 ) ('000 ) Turnover : 109,758 41,317 Profit/(Loss) from Operations : 13,618 (10,609) Finance cost : (234) (232) Share of Profit/(Loss) of Associates : N/A N/A Share of Profit/(Loss) of Jointly Controlled Entities : N/A N/A Profit/(Loss) after Tax & MI : 11,494 (10,841) % Change over Last Period : N/A % EPS/(LPS)-Basic (in dollars) : 0.0347 (0.0328) -Diluted (in dollars) : N/A N/A Extraordinary (ETD) Gain/(Loss) : N/A N/A Profit/(Loss) after ETD Items : 11,494 (10,841) Interim Dividend : NIL NIL per Share (Specify if with other : N/A N/A options) B/C Dates for Interim 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 No provision for Hong Kong Profits Tax is made as the Group companies operating in Hong Kong do not have any assessable profits for the current period. Certain of the Group's subsidiaries operating in the PRC are eligible for tax exemptions and concessions. The PRC income tax is calculated at the rates applicable to respective subsidiaries. For six months ended 30 September 2003 2002 HK$'000 HK$'000 Hong Kong The Company and subsidiaries Under provision in prior year 183 - ----- ------ 183 - PRC Subsidiaries Current period provision 2,978 - ------ ------ 2,978 - ------ ------ 3,161 - ====== ====== 2. DIVIDENDS The Board of Directors does not recommend the payment of a dividend for the 6 months ended 30 September 2003. 3. PROFIT/(LOSS) PER SHARE The calculation of profit/(loss) per share is based on the unaudited consolidated profit/(loss) attributable to shareholders of HK$11,494,000 (2002: loss of HK$10,841,000) and on 330,571,880 (2002: 330,571,880) shares in issue during the period. The Company has no potential dilutive ordinary shares that were outstanding during the two periods ended 30 September 2003 and 30 September 2002.