Fibocom Wireless Inc. — Earnings Release 2002

Jul 23, 2002

Listed Company Information

LUEN TAI GROUP<00346> - Results Announcement (Summary) Luen Tai Group Limited announced on 23/7/2002: (stock code: 346) Year end date: 31/3/2002 Currency: HKD 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 : 518,281 670,180 Profit/(Loss) from Operations : 11,376 51,358 Finance cost : (811) (1,114) 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 : 8,899 42,060 % Change over Last Period : -78.8% EPS/(LPS)-Basic : 4.5 cents 28.0 cents -Diluted : N/A N/A Extraordinary (ETD) Gain/(Loss) : N/A N/A Profit/(Loss) after ETD Items : 8,899 42,060 Final Dividend per Share : NIL NIL (Specify if with other options) : N/A N/A B/C Dates for Final Dividend : N/A Payable Date : N/A B/C Dates for Annual General Meeting : 27/8/2002 to 30/8/2002 bdi. Other Distribution for Current Period : N/A B/C Dates for Other Distribution : N/A Remark: EARNINGS PER SHARE The calculation of basic earnings per share is based on the Group's net profit from ordinary activities attributable to shareholders for the year of HK$8,899,000 (2001: HK$42,060,000) and the weighted average of 198,767,123 (2001: 150,000,000) ordinary shares in issue during the year. Diluted earnings per share amounts for the years ended 31 March 2001 and 2002 have not been presented as there were no potential dilutive ordinary shares in existence during either of the years.