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FIH Mobile Limited Earnings Release 1999

Apr 27, 2000

50355_rns_2000-04-27_a7ce28ad-9e0c-4be7-88d8-0ecab558c00a.htm

Earnings Release

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Listed Company Information

PETROCHINA<0857> - Results Announcement

PetroChina Company Limited announced on 27/4/2000:
(stock code: 857)
Year end date: 31/12/1999
Currency: RMB (Audited)
(Audited) Last
Current Corresponding
Period Period
from 1/1/1999 from 1/1/1998
to 31/12/1999 to 31/12/1998
(in Million) (in Million)
Turnover
- Continuing : 175,969 147,287
- Discontinued : N/A N/A
Operating Profit/(Loss)
- Continuing : 46,900 35,489
- Discontinued : N/A N/A
Total Operating Profit/(Loss) : 46,900 35,489
Share of Profit/(Loss) of
Associated Companies : 128 88
Share of Profit/(Loss) of
Jointly Controlled Entities : N/A N/A
Profit/(Loss) after Tax
& MI : 27,001 15,275
% Change over Last Period : +77%
EPS/(LPS)-Basic : RMB0.17 RMB0.10
-Diluted : RMB0.17 RMB0.10
Extraordinary (ETD) Gain/(Loss) : N/A N/A
Profit/(Loss) after ETD Items : 27,001 15,275
Final Dividend per H Share : Nil N/A
(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 : 31/5/2000 to 30/6/2000 bdi.
Other Distribution for Current Period : N/A
B/C Dates for Other Distribution : N/A

Remarks:

(1) Basis of preparation

The profit and loss account is presented on a proforma combined basis for
the period of 1 January 1998 to 4 November 1999. The combined profit and
loss account presents the results of the Group as if the Group had been in
existence throughout the period of 1 January 1998 to 4 November 1999, and
the predecessor operations and businesses of the core units and the
five chemical production facilities retained by CNPC were transferred to
the Company from CNPC as of the earliest period presented.

The profit and loss account is presented on a consolidated basis for the
period of 5 November 1999 (date of incorporation of the Company) to 31
December 1999.

The restructuring has been accounted for as a reorganization of business
under common control and the Group is regarded as a continuing entity.

(2) Basic and Diluted Earnings per Share

Basic and diluted earnings per share for the years ended 31 December 1998
and 1999 have been computed by dividing net profit by the 160 billion
state-owned shares issued and outstanding upon the establishment of the
Company on 5 November 1999 as if such shares had been outstanding for all
the accounting periods.