Guoco Group Limited — Earnings Release 2003

Dec 13, 2002

Listed Company Information

FE HOTELS<00037> - Results Announcement Far East Hotels and Entertainment Limited announced on 13/12/2002: (stock code: 00037 ) Year end date: 31/03/2003 Currency: HKD Auditors' Report: N/A Review of Interim Report by: Audit Committee (Unaudited ) (Unaudited ) Last Current Corresponding Period Period from 01/04/2002 from 01/04/2001 to 30/09/2002 to 30/09/2001 Note ($ ) ($ ) Turnover : 32,420,855 11,493,477 Profit/(Loss) from Operations : (24,727,217) (6,199,117) Finance cost : (2,783,474) (1,945,491) Share of Profit/(Loss) of Associates : 110,679,379 (146,572) Share of Profit/(Loss) of Jointly Controlled Entities : N/A N/A Profit/(Loss) after Tax & MI : 62,420,954 (7,932,766) % Change over Last Period : N/A % EPS/(LPS)-Basic (in dollars) : 0.1277 (0.0162) -Diluted (in dollars) : N/A N/A Extraordinary (ETD) Gain/(Loss) : N/A N/A Profit/(Loss) after ETD Items : 62,420,954 (7,932,766) Interim Dividend : NIL NIL per Share (Specify if with other : N/A N/A options) B/C Dates for Interim Dividend : N/A Payable Date : N/A B/C Dates for (-) General Meeting : N/A Other Distribution for : N/A Current Period B/C Dates for Other Distribution : N/A Remarks: Earnings (Loss) Per Share (a) Basic earnings (loss) per share The calculation of basic earnings (loss) per share is based on the Group's profit attributable to shareholders of HK$62,420,954 (2001: loss of HK$7,932,766) and on the 488,842,675 (2001: 488,842,675) shares in issue during the period. (b) Diluted earnings (loss) per share No diluted earnings (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 shares for both the current and the prior interim reporting period.