Hung Hing Printing Group Limited — Earnings Release 1999

Feb 8, 2000

Listed Company Information

NOBLE LINK HOLD<0254> - Results Announcement Noble Link Holdings Limited anounced on 3/2/2000: (stock code: 254) The accounts which contain the following results are modified by the Company's auditor. For more details, please refer to the press announcement issued by the Company on 8/2/2000. Year end date: 30/6/1999 Currency: HKD Last Current Corresponding Period Period from 1/7/1998 from 1/7/1997 to 30/6/1999 to 30/6/1998 ('000) ('000) Turnover/Interest Income : 288,118 284,910 Profit-Continuing Operations - Operating Profit : 1,320 8,316 - Exceptional Items : (108,966) (1,467) - Discontinued Operations : (132,045) (34,817) Total Operating Profit/(Loss) : (239,691) (27,968) Share of Profit/(Loss) of Associated Companies : (23,004) 58 Profit/(Loss) after Tax & MI : (254,333) (16,286) % Change over Last Period : N/A EPS/(LPS)-Basic : ($1.21) (7.8 cents) -Diluted : N/A N/A Extraordinary (ETD) Gain/(Loss) : - - Profit/(Loss) after ETD Items : (254,333) (16,286) Final Dividend per Share : Nil Nil (Specify if with other options) : N/A N/A B/C Dates for Final Dividend : N/A Payable Date : N/A B/C Dates for (-) General Meeting : N/A Other Distribution for Current Period : N/A B/C Dates for Other Distribution : N/A Remarks: (1) Details of exceptional items before taxation are as follow: EXCEPTIONAL ITEMS 1999 1998 HK$'000 HK$'000 Continuing operations: Deficit on revaluation of investment properties49,302 - Provision for permanent diminutions in values of properties under development and deposits paid for investment properties 12,748 - Loss on disposal of investment properties and leasehold land and buildings 29,328 1,467 Provision for doubtful debts 5,882 - Provision for diminution's in values of a jointly-controlled entity 11,706 - --------- ---------- 108,966 1,467 Discontinued operations: Gain on disposal of subsidiaries (71,598) - Amounts due from former subsidiaries written off 163,681 - Expenses incurred for restructuring 4,145 - Provision for diminmutions in values of short term listed investments - 3,687 Provision for doubtful debts 6,500 - ---------- --------- 102,728 3,687 --------- -------- 211,694 5,154 ======= ===== (2) Negative Statement (Calculation of Diluted Earnings Per Share) Diluted loss per share for the years ended 30th June, 1998 and 1999 has not been calculated as no diluting events existed during these two years. For more details, please refer to the press announcement today.