Guoco Group Limited — Earnings Release 2000

Dec 16, 1999

Listed Company Information

FE HOTELS<0037> - Results Announcement Far East Hotels & Entertainment Limited announced on 16/12/1999: (stock code: 37) Year end date: 31/3/2000 Currency: HK$ (Unaudited) (Unaudited) Last Current Corresponding Period Period from 1/4/1999 from 1/4/1998 to 30/9/1999 to 30/9/1998 Turnover - Continuing : 22,762,379 18,848,998 - Discontinued : Nil Nil Operating Profit/(Loss) - Continuing : 153,803 (3,509,649) - Discontinued : Nil Nil Total Operating Profit/(Loss) : 153,803 (3,509,649) Share of Profit/(Loss) of Associated Companies : (583,453) (908,212) Share of Profit/(Loss) of Jointly Controlled Entities : Nil Nil Profit/(Loss) after Tax & MI : (197,938) (4,887,634) % Change over Last Period : N/A EPS/(LPS)-Basic : (0.04 cent) (1.00 cent) -Diluted : N/A N/A Extraordinary (ETD) Gain/(Loss) : Nil Nil Profit/(Loss) after ETD Items : (197,938) (4,887,634) Interim Dividend per Share : Nil Nil (Specify if with other options) : N/A B/C Dates for Interim Dividend : N/A Payable Date : N/A B/C Dates for (-) General Meeting : N/A Other Distribution for Current Period : N/A B/C Dates for Other Distribution : N/A Remark: LOSS PER SHARE The calculation of loss per share is based on the Group's loss attributable to shareholders of HK$197,938 (1998-HK$4,887,634) and on weighted average number of 488,842,675 (1998-488,841,549) shares in issue during the period. Because the conversion prices of the covertible bonds and the exercise prices of the outstanding share options of the Company were greater than the average market price of the Company during both periods under review, no diluted loss per share is calculated for both periods.