Dongyue Group Limited — Earnings Release 2000

Jul 28, 2000

Listed Company Information

HERALD HOLD<0114> - Results Announcement Herald Holdings Limited announced on 28/7/2000: (stock codes: 114) Year end date: 31/3/2000 Currency: HKD (Audited) (Audited) Last Current Corresponding Period Period from 1/4/1999 from 1/4/1998 to 31/3/2000 to 31/3/1999 Turnover - Continuing : 947,486,000 905,930,000 - Discontinued : NIL NIL Operating Profit/(Loss) - Continuing : 45,091,000 34,223,000 - Discontinued : NIL NIL Total Operating Profit/(Loss) : 45,091,000 34,223,000 Share of Profit/(Loss) of Associated Companies : 137,000 (1,433,000) Share of Profit/(Loss) of Jointly Controlled Entities : N/A N/A Profit/(Loss) after Tax & MI : 39,367,000 22,482,000 % Change over Last Period : +75% EPS/(LPS)-Basic : 6.10 cents 3.45 cents -Diluted : N/A N/A Extraordinary (ETD) Gain/(Loss) : NIL NIL Profit/(Loss) after ETD Items : 39,367,000 22,482,000 Final Dividend per Share : 3 cents 2 cents (Specify if with other options) : N/A N/A B/C Dates for Final Dividend : 7/9/2000 to 8/9/2000 bdi. Payable Date : 22/9/2000 B/C Dates for Annual General Meeting : 7/9/2000 to 8/9/2000 bdi. Other Distribution for Current Period : N/A B/C Dates for Other Distribution : N/A Remarks: (1) Earnings per share The calculations of basic earnings per share is based on the net profit for the year attributable to ordinary shareholders of HK$39,367,000 and on 645,031,000 ordinary shares, being the weighted average number of ordinary shares outstanding during the year. There were no dilutive potential ordinary shares in existence during the year ended 31 March 2000. (2) Adjustment of last corresponding results (a) Turnover for the years ended 31 March 2000 & 1999 reported in the attached Results Announcement Form includes mould revenue and excludes rental income. As a result, turnover for the year ended 31 March 1999 increased by HK$32,749,000 when compared with the figure reported previously. (b) As required by SSAP 1 (revised) "Presentation of financial statements", operating profit reported in the attached Results Announcement Form excludes finance cost.