ICO Group Limited — Earnings Release 2001

Apr 26, 2002

Listed Company Information

JACKIN INT'L<00630> - Results Announcement (Summary) Jackin International Holdings Limited announced on 26/4/2002: (stock code: 630) Year end date: 31/12/2001 Currency: HK$ Auditors' Report: Neither Review of Interim Report by: N/A (Audited) (Audited) Last Current Corresponding Period Period from 1/1/2001 from 1/1/2000 to 31/12/2001 to 31/12/2000 ('000) ('000) Turnover : 379,945 647,743 Profit/(Loss) from Operations : 24,916 76,995 Impairment of intangible assets : (6,221) (4,644) Impairment loss on plant and machinery : (70,000) - Loss on disposal of plant and equipment : (18,573) - Loss on disposal of a subsidiary : (18,272) - Finance cost : (17,386) (23,420) Share of Profit/(Loss) of Associates : 1,507 113 Share of Profit/(Loss) of Jointly Controlled Entities : - - Profit/(Loss) after Tax & MI : (102,083) 48,039 % Change over Last Period : N/A EPS/(LPS)-Basic : (28.48 cents) 13.22 cents -Diluted : N/A 13.05 cents Extraordinary (ETD) Gain/(Loss) : - - Profit/(Loss) after ETD Items : (102,083) 48,039 Final Dividend per Share : NIL NIL (Specify if with other options) : - - B/C Dates for Final Dividend : - Payable Date : - B/C Dates for (-) General Meeting : - Other Distribution for Current Period : - B/C Dates for Other Distribution : - Remarks: 1) Change of profit from operations in 2000 was resulted from re-classification of impairment of intangible assets from profit from operations. 2) (LOSS) EARNINGS PER SHARE The calculation of the basic and diluted (loss) earnings per share is based on the following data: (Loss) earnings 2001 2000 HK$'000 HK$'000 (Loss) earnings for the purposes of basic (loss) earnings per share (102,083) 48,039 Effect of dilutive potential shares Interest on convertible bonds - 2,364 _______ _______ (Loss) earnings for the purposes of diluted earnings per share (102,083) 50,403 ========== ======= Number of shares 2001 2000 Weighted average number of shares for the purposes of basic (loss) earnings per share 358,494,000 363,482,583 Effect of dilutive potential shares Convertible bonds - 22,695,156 ___________ ___________ Weighted average number of shares for the purposes of diluted earnings per share 358,494,000 386,177,739 =========== ========== The computation of diluted earnings per share for 2000 does not assume the exercise of the Company's outstanding share options as the exercise price of those options is higher than the average market price. No diluted loss per share figure for 2001 has been presented as the exercise of the Company's outstanding share options and the conversion of the Company's outstanding convertible bonds would result in a decrease in net loss per share.