Dongyue Group Limited — Earnings Release 2001

Dec 19, 2000

Listed Company Information

HERALD HOLD<0114> - Results Announcement Herald Holdings Limited announced on 19/12/2000: (stock code: 114) Year end date: 31/3/2001 Currency: HK$ (Unaudited) (Unaudited) Last Current Corresponding Period Period from 1/4/2000 from 1/4/1999 to 30/9/2000 to 30/9/1999 Turnover : 498,887,000 509,116,000 Profit/(Loss) from Operations : 13,373,000 23,169,000 Finance cost : (828,000) (691,000) Share of Profit/(Loss) of Associates : 335,000 (155,000) Share of Profit/(Loss) of Jointly Controlled Entities : NIL NIL Profit/(Loss) after Tax & MI : 8,055,000 12,719,000 % Change over Last Period : -37% EPS/(LPS)-Basic : 1.29 cents 1.96 cents -Diluted : N/A N/A Extraordinary (ETD) Gain/(Loss) : NIL NIL Profit/(Loss) after ETD Items : 8,055,000 12,719,000 Interim Dividend per Share : 1 cent 1 cent (Specify if with other options) : N/A N/A B/C Dates for Interim Dividend : 5/1/2001 to 9/1/2001 bdi. Payable Date : 18/1/2001 B/C Dates for (-) General Meeting : N/A Other Distribution for Current Period : N/A B/C Dates for Other Distribution : N/A Remarks: 1. Turnover and profit for the period come from continuing operations only. 2. Earnings per share The calculation of basic earnings per share is based on the profit for the period attributable to ordinary shareholders of HK$8,055,000 (1999: HK$12,719,000) and on 626,447,000 ordinary shares (1999: 647,951,000 ordinary shares), being the weighted average number of ordinary shares in issue during the period. There were no dilutive potential ordinary shares in existence during the period ended 30 September 2000. 3. Basis of preparation The interim financial report has been prepared in accordance with the requirements of the Main Board Listing Rules of The Stock Exchange of Hong Kong Limited, including compliance with Statement of Standard Accounting Practice 25 "Interim Financial Reporting" issued by the Hong Kong Society of Accountants except that comparative figures for the cash flow statement have not been prepared as the company has taken advantage of the transitional provisions set out in the Main Board Listing Rules. The same accounting policies adopted in the 1999/2000 annual accounts have been applied to the interim financial report. The presentation and classification of items in the interim financial report have been changed due to the adoption of the requirements of SSAP 25 "Interim Financial Reporting". Comparative figures have been reclassified to conform with the current period's presentation.