Guoco Group Limited — Earnings Release 2001

Jul 13, 2001

Listed Company Information

FE HOTELS<0037> - Results Announcement (Summary) Far East Hotels & Entertainment Limited announced on 13/7/2001: (stock code: 37) Year end date: 31/3/2001 Currency: HK$ (Audited) (Audited) Last Current Corresponding Period Period from 1/4/2000 from 1/4/1999 to 31/3/2001 to 31/3/2000 Turnover : 27,703,290 36,486,184 Profit/(Loss) from Operations : (11,972,254) (5,378,242) Finance cost : (3,998,746) (5,620,486) Share of Profit/(Loss) of Associates : (3,400,613) 409,118 Share of Profit/(Loss) of Jointly Controlled Entities : NIL NIL Profit/(Loss) after Tax & MI : (18,340,844) (10,757,517) % Change over Last Period : N/A EPS/(LPS)-Basic : (3.75 cents) (2.20 cents) -Diluted : N/A N/A Extraordinary (ETD) Gain/(Loss) : NIL NIL Profit/(Loss) after ETD Items : (18,340,844) (10,757,517) 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 : 14/8/2001 to 17/8/2001 bdi. Other Distribution for Current Period : N/A B/C Dates for Other Distribution : N/A Remarks: 1. LOSS PER SHARE (a) Basic Loss per share The calculation of basic loss per share is based on the Group's loss attributable to shareholders of HK$18,340,844 (2000: HK$10,757,517) and on the 488,842,675 (2000: 488,842,675) shares in issue during the year. (b) Diluted loss per share No diluted loss per share has been presented because the exercise prices of the outstanding share options of the Company were greater than the average market price of the shares for each of the two years ended 31st March, 2000 and 2001. 2. Certain comparative figures have been reclassified to conform with the current year's presentation.