Marketingforce Management Ltd — Earnings Release 2002

Nov 20, 2002

Listed Company Information

CITY TELECOM<01137> - Results Announcement (Summary) City Telecom (H.K.) Limited announced on 20/11/2002: (stock codes: Ord: 1137 & War: 940) Year end date: 31/8/2002 Currency: HKD Auditors' Report: Unqualified Review of Interim Report by: N/A (Audited) (Audited) Last Current Corresponding Period Period from 1/9/2001 from 1/9/2000 to 31/8/2002 to 31/8/2001 ('000) ('000) Turnover : 1,150,200 1,016,634 Profit/(Loss) from Operations : 100,965 63,520 Finance cost : (3,504) (4,542) Share of Profit/(Loss) of Associates : - - Share of Profit/(Loss) of Jointly Controlled Entities : - - Profit/(Loss) after Tax & MI : 91,129 53,927 % Change over Last Period : +69% EPS/(LPS)-Basic : 18.4 cents 11.0 cents -Diluted : 16.1 cents 10.9 cents Extraordinary (ETD) Gain/(Loss) : - - Profit/(Loss) after ETD Items : 91,129 53,927 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: Earnings per share The basic earnings per share is based on the weighted average of 495,180,835 (2001: 490,679,000) ordinary shares in issue during the period. The diluted earnings per share is based on 495,180,835 (2001: 490,679,000) ordinary shares which is the weighted average number of ordinary shares in issue during the period plus the incremental number of 11,218,652 (2001: 3,770,302) ordinary shares deemed to be issued at no consideration if all outstanding options had been exercised, plus the weighted average of 59,489,255 (2001: Nil) ordinary shares deemed to be issued at consideration of HK$0.4 per share if all outstanding warrants had been exercised. 2002 2001 HK$'000 HK$'000 Profit attributable to shareholders 91,129 53,927 ====== ====== No of shares No of shares in thousand in thousand Weighted average number of shares in issue 495,181 490,679 Incremental shares from assumed exercise of share options 11,219 3,770 Incremental shares from assumed exercise of warrants 59,489 - ------- -------- Diluted weighted average number of shares 565,889 494,449 ======= =======