Jiangxi Rimag Group Co., Ltd. — Earnings Release 2002

Sep 12, 2002

Listed Company Information

ARTS OPTICAL<01120> - Results Announcement (Summary) Arts Optical International Holdings Limited announced on 12/9/2002: (stock code: 1120) Year end date: 31/12/2002 Currency: HKD Auditors' Report: N/A Review of Interim Report by: Both Audit Committee and Auditors (Unaudited) (Unaudited) Last Current Corresponding Period Period from 1/1/2002 from 1/1/2001 to 30/6/2002 to 30/6/2001 Turnover : 289,763,000 274,073,000 Profit/(Loss) from Operations : 56,376,000 67,359,000 Finance cost : (86,000) (292,000) Share of Profit/(Loss) of Associates : - - Share of Profit/(Loss) of Jointly Controlled Entities : - - Profit/(Loss) after Tax & MI : 50,071,000 62,680,000 % Change over Last Period : -20% EPS/(LPS)-Basic : 13.6 cents 17.9 cents -Diluted : 13.3 cents 17.7 cents Extraordinary (ETD) Gain/(Loss) : - - Profit/(Loss) after ETD Items : 50,071,000 62,680,000 Interim Dividend per Share : 8 cents 8 cents (Specify if with other options) : - - B/C Dates for Interim Dividend : 2/10/2002 to 4/10/2002 bdi. Payable Date : 8/10/2002 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. Adoption of Statement of Standard Accounting Practice Certain comparative figures have been reclassified to conform with the requirements under new Statement of Standard Accounting Practice issued by the Hong Kong Society of Accountants. 2. Earnings per share The calculation of the basic and diluted earnings per share is based on the following data: Six months ended 30.06.2002 30.06.2001 HK$'000 HK$'000 Earnings Earnings for the purposes of basic and diluted earnings per share 50,071 62,680 Number of shares Weighted average number of shares for the purpose of basic earnings per share 369,394,751 350,640,000 Effect of dilutive potential shares in respect of share options 7,997,632 3,268,956 ----------- ----------- Weighted average number of shares for the purpose of diluted earnings per share 377,392,383 353,908,956 =========== ===========