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Marketingforce Management Ltd Earnings Release 2001

Dec 4, 2001

50669_rns_2001-12-04_dc2dd748-5fec-413c-a50b-d44b3d3822df.htm

Earnings Release

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Listed Company Information

CITY TELECOM<01137> - Results Announcement (Summary)

City Telecom (H.K.) Limited announced on 4/12/2001:
(stock codes: Ord: 1137 & War: 940)
Year end date: 31/8/2001
Currency: HKD (Audited)
(Audited) Last
Current Corresponding
Period Period
from 1/9/2000 from 1/9/1999
to 31/8/2001 to 31/8/2000
('000) ('000)
Turnover : 1,016,634 1,234,127
Profit/(Loss) from Operations : 63,520 62,373
Finance cost : (4,542) (6,228)
Share of Profit/(Loss) of Associates : - -
Share of Profit/(Loss) of
Jointly Controlled Entities : - -
Profit/(Loss) after Tax & MI : 53,927 70,001
% Change over Last Period : -23%
EPS/(LPS)-Basic : 11.0 cents 14.9 cents
-Diluted : 10.9 cents 14.6 cents
Extraordinary (ETD) Gain/(Loss) : - -
Profit/(Loss) after ETD Items : 53,927 70,001
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 : -

Remark:

The basis of calculation for basic earnings per share and diluted earnings
per share for the current year:

2001 2000
HK$'000 HK$'000
Profit attributable to
shareholders 53,927 70,001
====== ======

No of shares No of shares
in thousand in thousand
Weighted average number of
shares in issue 490,679 468,946

Incremental shares from
assumed exercise of share
options 3,770 9,105
-------- --------
Diluted weighted average
number of shares 494,449 478,051
======= =======

Basic earnings per share 11.0 cents 14.9 cents

Diluted earnings per share 10.9 cents 14.6 cents
========== ==========